Crash I've Never Seen in My Life: First-Ever Two Consecutive Days of Circuit Breakers Panic

Summary

Park Se-ik, Executive Director at Chesley Investment Advisory, reacts to the unprecedented two consecutive days of circuit breakers in the Korean market caused by Trump's tariff policy, forced margin liquidations, and institutional failure. He advocates aggressive buying of Korean equities with KOSPI below 7,000, a long-term bull call on Samsung Electronics and semiconductor stocks, and a tactical purchase of the KOSDAQ 150 ETF following heavy margin call flushing. He warns against panic selling and emotional mistakes.

• Korean market sees historic two-day circuit breaker panic driven by policy risk and margin calls.
• Park Se-ik interprets the sell-off as a buying opportunity, similar to COVID and April 2025 crashes.
• He tells his team to fully invest new client money into Korean stocks now.
• Samsung Electronics and semiconductor stocks are expected to reclaim all-time highs within three years.
• KOSDAQ forced selling of ~4 trillion won creates a capitulation bottom; he bought KOSDAQ 150 ETF with 25% of remaining cash.
• Advises against realizing gains on strong stocks during panics, urging investors to keep winners.
• Criticizes National Pension Service and institutions for failing to stabilize the market.