James Alexander Booth
Hello to Copiers and Followers, The current pullback in Chinese stocks and gold represents a classic high-probability entry point ahead of the next major upward wave. As I’ve emphasized before, bull markets don’t move in straight lines — they advance in powerful waves separated by sharp corrections. These dips shake out weak hands, transfer ownership from momentum chasers to strong holders, and set the stage for the next explosive leg higher. Right now, the evidence is compelling: investor sentiment indicators are deep in “extreme fear” territory. Multiple technical readings show deeply oversold conditions. Hot money that chased the prior rally has been largely flushed out. Furthermore, the Fed is clearly in easing mode, providing a powerful tailwind. History is remarkably consistent: when fear peaks and technicals reach oversold extremes during an easing cycle, the subsequent rallies are often violent and sustained. This is not the time to sell — it’s the time to buy the dip. Those who can tune out the short-term noise and position themselves with conviction, guided by sound technical and fundamental analysis, are typically rewarded handsomely. The next major wave higher is coming. The only question is whether you’ll be on board when it starts. Regards, Jim $BABA (Alibaba-ADR) $BTC $NSDQ100 $XNET (Xunlei Ltd-ADR)
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