Should I average down? Mija, who bought SK Hynix at 2.75 million won, certified as a 'peak detector'?

Summary

Park Se-ik reviews market conditions, argues KOSPI below 7,500 is a buying opportunity, advises against averaging down on Samsung Electronics and SK Hynix despite low valuations, warns against long-term holding of 2x leveraged ETFs on these stocks, and suggests looking at other beaten-down stocks for diversification.

• KOSPI index has fallen into attractive buying zone below 7,500, with worst-case scenario limited to around 6,300.
• Current correction is within a secular bull market that may last until late next year.
• Analyst report cautions against adding to Samsung Electronics and SK Hynix due to potential memory cycle peak and valuation trap.
• Park advises not to focus on averaging down on Samsung/SK Hynix, instead consider recently hard-hit stocks.
• 2x leveraged ETFs on Samsung Electronics and SK Hynix are deemed unsuitable for long-term investment because of decay.
• Strong Korean exports and record current account surplus support economic growth outlook, potentially reaching 3%.
• Chinese AI development and potential model restrictions are discussed as background, but no direct investment call is made.