Bought some SOXS at a price of 6.2. This is a 3x inverse semiconductor ETF. Price is price, and the industry is the industry. Even something as strong as AI semiconductors, after reaching peak FOMO, will face corrections and start shedding gains. Today’s circuit breaker in South Korea’s stock market (KOSPI) is the signal I was waiting for. Reviewing KOSPI’s recent performance: -5.5%, -8.3%, +8.2%, and so far today, it’s at -5%. If the market continues to rise today, it means there’s still FOMO/bottom-fishing money coming in to take over, and it could push higher for a bit longer—yesterday was exactly this kind of scenario. But if it drops and triggers a circuit breaker today, it means the follow-up funds are drying up, and liquidity is exhausted. The U.S. stock market is likely in a similar situation. The AI industry will continue to thrive—there’s no doubt about that. But in the short term, prices need to recalibrate. It’s like flying a kite: you need to pull it down a bit to make it soar higher.