"The Analects" in Detail: For All Those Who Misinterpret Confucius (63)

2007/4/11 15:36:09

有子曰：其为人也孝弟，而好犯上者，鲜矣；不好犯上，而好作乱者，未之有也。君子务本，本立而道生。孝弟也者，其为仁之本与！

Yang Bojun: You Zi said: "A person who is filial to parents and respectful to elders, yet likes to offend superiors — such people are rare. One who does not like to offend superiors, yet likes to create disorder — such a person has never existed. The gentleman devotes himself to the fundamentals. Once the fundamentals are established, the Way naturally arises. Being filial to parents and respectful to elders — this is the foundation of benevolence!"

Qian Mu: You Zi said: "If a person is filial and respectful, yet harbors a liking for offending superiors, that must be very rare. If one does not like to offend superiors, yet likes to create disorder, that has never happened. The gentleman focuses on the root of things. Once the root is established, the Way arises from it. Filial piety and respect — these are the root of the Way of benevolence, no?"

Li Zehou: You Zi said: "Being filial to parents and respectful to elders, yet liking to defy superiors — this is rare. Not liking to defy superiors yet liking to rebel and cause disorder — this has never happened. The gentleman works on the fundamentals. Once the fundamentals are established, the Way of humanity naturally arises. Filial piety and brotherly respect — these are the root of being human, are they not?!"

Detailed Explanation: Previously, we've been discussing how Confucius's disciples distorted him and smuggled their own agendas into the Analects. The most egregious offender was this "You Zi." In the Analects, all of Confucius's other disciples are referred to by their names, but only "You Zi" and "Zeng Zi" receive the honorific "Zi" (Master). Even Yan Hui, Confucius's most outstanding disciple, is never called "Yan Zi" in the Analects — this is very strange. Even stranger, in the usual ordering of the Analects, You Zi's first recorded statement is placed right after Confucius's most famous three "不亦" phrases, effectively ranking second among 500-plus entries, the earliest appearance of any disciple, while Zeng Zi's first statement is ranked fourth, the second disciple to appear. Nowadays, even search engine rankings cost money. These two — You Zi and Zeng Zi — were both late disciples whom Confucius only took on in his old age. What virtue or ability did they possess to be uniquely honored and ranked so prominently, completely occupying the best advertising spots, so that for over two thousand years, everyone reading the Analects was forced to remember these two first? The only reasonable explanation is that the Analects as currently transmitted was jointly edited by the disciples of these two, with large amounts of their own agendas smuggled in. This is simply the most shameless chapter in the history of Chinese culture.

This chapter's literal meaning is simple — the three scholars above have all explained it, roughly the same. But the biggest problem is that after all of You Zi's verbose rhetoric, his core idea is still to suppress all who would "defy authority and cause disorder." Confucianism was originally bold and full of rebellious spirit, yet this You Zi castrated it into a slave's plaything. This person was also extremely hypocritical. His final "孝弟也者，其为仁之本与！" (Filial piety and respect are the foundation of benevolence!) is actually not about "filial piety and respect" at all. Because according to the preceding logic — "Those who are filial and respectful yet like to defy superiors are rare; those who don't like to defy superiors yet like to cause disorder have never existed" — why emphasize and promote "filial piety and respect"? Because once one is "filial and respectful," one won't "defy superiors," and consequently won't "cause disorder." By this logic, it's not that "filial piety and respect" themselves are truly valued by this person, but rather that promoting "filial piety and respect" leads to the outcome of not "defying authority and causing disorder," which serves the interests of the group this person represents — those who fear being "defied and overthrown." And who is it that most fears "defiance and rebellion"?

This person's so-called "君子务本，本立而道生" (The gentleman devotes himself to the fundamentals; when the fundamentals are established, the Way arises) completely contradicts Confucius's thought. Even Zeng Zi's so-called "threading through with one" had nothing to do with Confucius. This so-called "gentlemanly foundation" was merely a bigger lie fabricated to round out the lie that "filial piety and respect" leads to not "defying superiors" and consequently not "causing disorder." The logic goes: to become a gentleman, you must first have the "gentleman's foundation"; with the "foundation," the "Way" arises; and since "filial piety and respect" are the foundation of the "Way of benevolence," all gentlemen must follow it. Thus, through this fabricated "gentleman's foundation," You Zi step by step led people into the real trap of unconditionally never "defying authority or causing disorder" — otherwise, one has forgotten the "fundamentals," at which point they can declare that person in violation of the "Way of benevolence," declare them "not human," label them "bandit" or "rebel," then surround and destroy them. This way, those who fear being "defied and overthrown" can continue their evil deeds forever, exploiting the world. This is the fundamental reason why rulers throughout these two thousand years have felt such particular affinity when reading the Analects compiled by You Zi's and Zeng Zi's disciples, stuffed with their private agendas.

(To be continued)

Replies

缠中说禅 2007/4/11 15:38:12

The past few days I've often mentioned Sinopec, just like before Chinese New Year when I often mentioned Unicom, and later Bank of China — from this, the interesting aspects of this script should be starting to sink in. Didn't the bears originally plan to use ICBC to push the market down? So what can they do to ICBC now? Push ICBC below 5 yuan? Pull it up? Now Bank of China has become the leader — look at the price gap between the two. Actually, the current market movement is a live broadcast. It's just those few large-cap stocks playing key roles in the index — how to deploy them, when to use which one. Everyone should carefully reflect, starting from before Chinese New Year, slowly absorbing it. This way you'll learn something.

As for the broader market, there's nothing to say. Those who try to call the top are the most shameless — by their predictions, they'd have been wiped out long ago. How do they still have the face to show up? Tops are created through action, not predicted. Can't even understand this simplest principle? Same old advice: if you can't read the situation, watch the 5-day line. Those with good technique can fully exploit oscillations by selling first then buying, swinging trades, rotating stocks — but absolutely do not chase highs. Currently, only the regulators' big stick can stop the market. Otherwise, the market will continue to its energy-balance point between capital and chips before pausing to consolidate. This position is unpredictable — it's created through action. Those with poor mentality or weak hearts should go half position — that way, whatever happens, you'll be fine.

I won't discuss individual stocks — anyway it's all stuff I've said before. Right now it's melon season, and we just do without saying.

缠中说禅 2007/4/11 15:48:48

[Anonymous] Sina User

2007-04-11 15:41:59
MM, what about 607? You told everyone to go suck the bears' blood, so I bought it.
=
Good that you bought it. The bear funds added positions near 13 yuan. Those who didn't buy — forget it, no need to chase and carry the bears' sedan chair. When it goes up later, find an opportunity to give the bears a good thrashing.

缠中说禅 2007/4/11 15:50:26

[Anonymous] 乐土

2007-04-11 15:42:01
Teacher:
Hello!
First-tier blue chips were ignited almost simultaneously. Does this signal a "20-80" pattern for the next few days? Are the two big banks doing technical consolidation?
Diligently studying the Confucius lessons you've given us.

==

Just treat it as sector rotation. For the index, watch Shenzhen; Shanghai is for reference. Note: don't chase any stock higher.

缠中说禅 2007/4/11 15:51:58

[Anonymous] 小八

2007-04-11 15:42:36
First page, yay yay. Hello teacher.
Teacher, I'm currently learning and practicing the mechanical buy/sell operation of same-level decomposition, but from the 30-minute chart, consolidation divergence at the 30-minute level is often hard to wait for, since the MACD parameters are default. If I change them to 5.10.10, the red/green bars seem more sensitive. Do you think modifying these parameters is feasible? If not, what would you think is suitable? (I'm relatively new to stocks, following your teachings.) Please don't withhold your guidance, thank you!

==
If you can't wait for the 30-minute, then use 5-minute — wanting to go faster is straightforward, right? But if you're not proficient, don't go to too-small levels. Once you misjudge, you can't even correct it.

缠中说禅 2007/4/11 15:54:39

[Anonymous] 小丸子

2007-04-11 15:51:36
Today I could accurately judge the decline and accurately judge the rise, but couldn't translate mind into hand. Seems I still need to practice this. Just too greedy — wanted to buy several stocks, didn't have enough money. Finally decided on one, and at the close discovered the ones I didn't buy all hit limit-up, while the one I bought barely moved.

==
First ensure correct operation, then ensure better results — these are two different levels. Without the first level, the rest is meaningless. To ensure correct operation, the best approach is single-mindedness. Choose a fixed set of stocks and operate them repeatedly. If you capture almost all oscillations at the relevant level, the efficiency is actually not low.

缠中说禅 2007/4/11 15:56:49

[Anonymous] hehe2

2007-04-11 15:43:11
BLOG host, today I basically grasped the major decline.

But I kept entering before the decline finished. This is a lesson I must remember!

==
First get the sense of rhythm, then refine the accuracy.

缠中说禅 2007/4/11 15:59:05

[Anonymous] 百思不解

2007-04-11 15:44:44
Hello Blogger! In Lesson 44, regarding small-level divergence triggering large-level reversal, the example given is:
"An upward 30-minute level a+A+b+B+c, if c has a 1-minute level divergence, ultimately triggering a decline back into B."

My question: if c has a 5-minute level divergence (but c versus b shows no divergence), ultimately triggering a decline back into B — how is the analysis different from the above example? Or put another way, how does this differ from a+A+b+B+c having a 30-minute divergence that necessarily pulls back into B?

=
There's no difference. Even if it's a sub-1-minute divergence, the principle is the same. The 1-minute divergence is just an example — it doesn't mean it must be a 1-minute divergence.

缠中说禅 2007/4/11 16:02:12

[Anonymous] 水房姑娘

2007-04-11 15:45:05
MM, I get the feeling that hot money is racing against the clock to push to the top.

==
Even if the index tops out, it's no big deal. Wasn't January 4th the same? Afterward the index was flat but many individual stocks continued to double. With someone like this ID around, fires will be lit everywhere whenever there's an opportunity — afraid the market won't have opportunities?

缠中说禅 2007/4/11 16:12:11

[Anonymous] 缠心雕龙

2007-04-11 15:48:27
Chán Zhōng Shuō Chán
2007-04-10 15:37:11
[Anonymous] 缠心雕龙
2007-04-10 15:30:44

Hello Blogger, question about consolidation divergence: Three movement segments "up-down-up," call them A0, A1, A2. Suppose A0 is the shortest, A1 the longest, A2 medium length, and A2's high is above A0's low but below A0's high. At the same time looking at MACD, A2's area is larger than A0's. Can we say A2 versus A0 shows no consolidation divergence? It feels like A2's strength returning to the hub is much greater than A0's strength leaving the hub. Although A2 didn't make a new high, strictly speaking this shouldn't be called consolidation divergence, right?
==
This is all covered in the hub oscillation lesson — please go look at it.

----------
Sorry, I understand the content of the hub oscillation lesson. I think the above situation is indeed "no consolidation divergence," because A2's strength is greater than A0's. But many classmates say that since it didn't make a new high, it's "consolidation divergence." I hope the blogger can clarify.

==
Making a new high or new low is the prerequisite for divergence or consolidation divergence to be possible. When there's no new high, you can actually look at it from the perspective of hub oscillation — it means the latest oscillation didn't reach the strength of the previous one. You can also use MACD to assist the analysis, but it's not the same thing as divergence. All of this was covered in the lesson about judging hub oscillation strength.

缠中说禅 2007/4/11 16:13:54

[Anonymous] 幼稚园

2007-04-11 16:10:58
Sister Chan, yesterday I added to my position in 600598 北大荒, operating at the daily level. It showed some performance today. Could you check whether my analysis was correct?

==
This kind of chart pattern won't have a daily-level buy point — there are buy points at smaller levels, of course. Getting it right may have been luck, so you need to get the thinking clear.

缠中说禅 2007/4/11 16:22:30

[Anonymous] touchnet

2007-04-11 15:49:04
Regarding the situation where the last hub expands after divergence, asking the boss:

For an upward 30-minute level a+A+b+B+c, if b and c diverge, let's say the subsequent 5-minute movement segments are C1, C2, C3, C4, C5, etc., where odd segments are downward and even segments are upward. Then the following conclusions must hold:

1. min(C1)<=GG(B)
   -------
   The first pullback segment must have overlap with B's GG.

2. min(C3)<=max(C1)
   --------
   Otherwise, C1,C2,C3 would form a C completely non-overlapping with B, contradicting that divergence ends the movement.

3. min(C5)<ZG(C), where C is the 30-minute level hub formed by C1,C2,C3.
   --------
   Otherwise C5 forms the third buy point of C, at which point C has ended. For hub expansion, if B and C are to expand into a daily hub, by the hub definition at least 9 segments of 5-minute movements are needed to form a daily level hub. At this point, if B only has three sub-level movements, then currently B, C, plus c total only seven segments. So C5 can only be an extension of C. Adding C4, C5 gives 9 segments.

==
First, all your conclusions have a premise: that the divergence is at the 30-minute level. Otherwise, with a small-level divergence, it can totally not play out this way. As for the later analysis, some details aren't quite right, because the upcoming lessons will address this. Please wait until tomorrow.

缠中说禅 2007/4/11 16:27:00

[Anonymous] 白玉兰

2007-04-11 16:17:29
[Anonymous] 白玉兰

2007-04-11 15:50:15
Hello sister!

Recently it's been all about second-tier quality or component stocks. Does that mean a stock like 915 (classified as third-tier?) is dormant even if it has themes?

++++++++++

Sister please don't ignore me? If I asked wrong, just don't answer.

==
Sorry, too many questions — didn't see it. As mentioned recently, second-tier needs to make room first before third-tier can continue. Mid-term, there's absolutely no problem. So you must match the rhythm of sector rotation. But if you've missed the timing, no need to chase — waiting is also a form of operating.

缠中说禅 2007/4/11 16:30:32

[Anonymous] asdf

2007-04-11 15:52:31
Your Majesty, I'm still confused about distinguishing hubs at different levels?
For example, 10 consecutive limit-up days, then 5 consecutive limit-down days, then 10 limit-up, then 5 limit-down — no daily-level hub. Would this constitute a weekly hub?
Must a weekly hub be preceded by 3 daily-level movement segments? Or could it be at the 30-minute level?

==
Hub level and amplitude have no necessary relationship. Without 3 daily segments, how can there be a weekly hub? If it's 30-minute, you'd need at least 9 segments, which naturally forms 3 daily segments.

缠中说禅 2007/4/11 16:38:49

[Anonymous] II

2007-04-11 16:27:07
Blogger, please answer this question. Thank you!~~~~~~~~~~~~~~~~~~

Boss, are you not watching 999 anymore? It hasn't been doing well these days.

==
This kind of question is meaningless. What does "watching" mean? Does it only count if it goes up every day? Stocks have their rhythm. Look at 600497 and how long it consolidated in June last year. For retail investors, there's fundamentally no need to fixate on a single stock. Go wherever the hot sectors are. This ID was the first in the entire market to share the script for quality second-tier stocks — why not pay attention to those?

As for 999, this ID only knows that Vanke is also owned by China Resources.

缠中说禅 2007/4/11 16:47:16

[Anonymous] 麒麟

2007-04-11 16:02:53
Sister, with your capital size, after creating the top, how do you distribute shares? Do you need to prepare in advance~~~ Also, 000912 which I bought following your general direction, why isn't it moving? Thank you sister! You haven't answered my questions for several days.

==
Why distribute shares? In a 20-year bull market, once you sell, where do you buy back? First understand the nature of this bull market. A stock with 20x P/E — ask this question again in three months and see where it is. The market only rewards the patient.

缠中说禅 2007/4/11 16:51:04

[Anonymous] asdf

2007-04-11 16:39:23
Chán Zhōng Shuō Chán 2007-04-11 16:30:32
[Anonymous] asdf

2007-04-11 15:52:31
Your Majesty, I'm still confused about distinguishing hubs at different levels?
For example, 10 consecutive limit-up days, then 5 consecutive limit-down days, then 10 limit-up, then 5 limit-down — no daily-level hub. Would this constitute a weekly hub?
Must a weekly hub be preceded by 3 daily-level movement segments? Or could it be at the 30-minute level?

==
Hub level and amplitude have no necessary relationship. Without 3 daily segments, how can there be a weekly hub? If it's 30-minute, you'd need at least 9 segments, which naturally forms 3 daily segments.

------------------------
But in this scenario, on the weekly chart there are already 3 overlapping "down-up-down" segments. If so, then 3 overlapping segments seen at any given level might not actually constitute a hub. By extension, for every level, what you see might not be a hub. There's some uncertainty in visually identifying hubs from charts.

=
It's not any random three segments that qualify — they must be three sub-level segments. If there's no hub at the sub-level, then of course it doesn't count. Who told you that seeing "up-down-up" automatically means it's a hub? Moreover, as previously mentioned, the most precise hub analysis should start from individual strokes (分笔) and scale up progressively. But that's too cumbersome, so you can substitute with 1-minute, etc. — the practical effect is the same.

缠中说禅 2007/4/11 16:54:19

[Anonymous] Hindsight

2007-04-11 16:50:20
Thank you, Master Chan. Let me copy this once more (already copied 5 times):
The elephants take turns appearing on stage. Unicom steps forward as scheduled. Each one performs according to their zodiac sign, putting on a show for the steady stream of newcomers entering the market. So new investors really do ride dragons, horses, and tigers, while many veteran investors ride bears, rats, and pig buttocks. The drama continues, gradually making those accustomed to Western cuisine start to appreciate the charm of douzhir, jiaoquan, and stinky tofu. Some fence-sitters are also slowly joining in.
As for ICBC, that car with a carburetor unsuited to Chinese gasoline and tires unsuited to Ping'an Avenue — it probably works like this: they start it themselves and drive a few steps, then the fence-sitters push them a few more steps. Limping along this way, they manage not to lose face and eventually adapt to our national conditions.

Help:
Today I picked up some of that "stone" medicine. Also been watching a stock and alerted the classmates in the group. But I noticed the market maker there selling in large blocks. Could they be going to push ICBC? Haha, who knows.
Please help analyze 600327 — either from charts or insider perspective.

==
When a stock goes from single digits to double digits, having a big oscillation is the most normal thing.

缠中说禅 2007/4/11 16:56:26

[Anonymous] 戈石

2007-04-11 16:40:32
Dear Your Majesty:
After today's lecture, I feel like the Analects discussion is essentially complete. Apart from "learn and practice timely, different yet connected, not understood yet not resentful, not anxiously seeking yet seeking, eating for inquiry rather than gain" — there isn't much that's actually from Confucius himself, is there?

==
Anything marked "子曰" (The Master said) is basically his. How could there be none? It's just that lots of his disciples' quotes were mixed in, which have nothing to do with Confucius.

缠中说禅 2007/4/11 17:02:48

Sorry, it's 5 o'clock. I need to reach a certain street by 6:30, and won't be online tonight.

Signing off, see you tomorrow.