Bonta
2024-01-21
Regarding china, i believe in being contrarian. Instead of chasing the trend and get caught in whipsaw, i rather accumulate based on what others are selling. I do not want a strong china rally, as long as its sideways or tiny bull is perfect for me. I am selling options, depressed markets gives gd premiums due to fear, sideway markets allow me to sell put options and make use of time decay and can form a recurring theme for 2024. Strong rally will screw my plan as i will have to find another opportunity. Although the drop
In 2023 leaves my china positions deep in the money or assigned as stock, using 2024 i can continue to average down and improve my positions. For those who just buy stocks, i still feel that buying undervalued stocks and averaging down is a more certain and stable way of making money in the markets over chasing after the next big thing. But well, that’s just me.
2024 Outlook: How Will Story Unfold?
With the end of the year approaching, major institutions begin to provide outlook for US stock market in 2024. How do institutions expect for 2024? Will the bull market continue? How about expectations for inflations and rate hike? What's your attitude: Cautious or Bold?
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Comments

  • village5576
    2024-01-25
    village5576
    Interesting strategy! I like your contrarian approach.
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