Looking at the overnight moves in the US stock market and this morning's A-shares performance, I don’t even know what to say... On one hand, it hasn’t dropped to the short-term dip-buying price I’m aiming for. On the other hand, I’m kind of shocked by the recent relentless pace of the drop—it’s like a one-sided massacre. There are only two ways this kind of one-sided massacre ends: 1. The slaughter is over, the market calms down (consolidation). 2. Reinforcements arrive, leading to a major counterattack. But considering how much has already been lost, the counterattack would just be about saving people and covering the retreat.