In my view, most of us are too late for this strategy. We could have followed this strategy about a month ago. Many shares including blue chips already have gone down by close to 50%, so any more reduction would lead to heavy buying by large funds. Governments all over the world have just started releasing emergency funds worth $ 100s of billion to help out businesses and financial institutions. China is almost back to normal. I do not expect a sharp reduction in share prices any more. There could be some sporadic days of share price volatility, but the overall trend from now on would be to the up side.
CZN Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
