Although Brother Hua is very wealthy, his tweet today clearly made the novice mistake of overly complex thought processes 😑
See the image below: Using assumption 1, we arrive at conclusion 2, then conclusion 2 leads to conclusion 3, and conclusion 3 leads to conclusion 4. Even if each step has a 90% probability of being correct, the final accuracy is only around 65%.
Therefore, retail investors, let's not complicate things so much. Let's keep it simple:
It's down! Holy crap, time to buy the dip! ✊