
The past 2 days saw significant sell off of semiconductor and memory chip stocks like Samsung, Hynix, Micron and Broadcom. The market seems to have done a sudden flip around from euphoric exuberance to risk off mode and investors start rushing to take profits. I was kind of expecting that this would happen with more people getting interested in trading in the Korean market and DRAM but the timing still took me by surprise. The axiom we can never time the market still rings true. It is good to take partial profits since we can’t be sure how far the bull can run.


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