Wall Street's renowned technical analyst Mark Newton isn’t optimistic about bottom-fishing in semiconductors and storage. Here are 3 reasons why: 1. The downward momentum is massive—don’t fight gravity The current downward momentum is extremely fierce, like a golf ball rolling downhill—it simply won’t stop midway. Don’t expect a bottom anytime soon; trying to catch a falling knife is extremely dangerous. 2. Completely abandon the idea of buying the dip—it’s a deadly trap The majority of people can’t make money from bottom-fishing. Before the trend clearly stabilizes, blindly building positions on the left side will only leave you deeply trapped. 3. Be patient and wait for a trend reversal—ride the fattest part of the wave The real profit explosion happens after the trend reverses. Smart investors wait for the price to confirm a turning point, then ride the main upward wave, or stick with truly strong stocks near historical highs.