Yet Another Short-Term Opportunity Comes Rushing In
2008/4/14 15:22:10
With the current market conditions, this ID already laid out two and only two strategies early on for people of different skill levels: one is the small stool approach, and the other is the sprinting approach. The reason this ID has been doing sprint drills here with you all every day is the assumption that you have the ability. Otherwise, take a small stool and sit on the sidelines—just come to watch.
Now, let's continue sprinting with everyone. If you don't have this level of skill, sit aside—we're not letting you play.
It was already stated clearly: if 3533 can't be broken through to the upside, the odds of breaking the bottom increase greatly. So today's movement isn't the least bit surprising. Moreover, the market failed three consecutive times to fill the gap this morning. With such kidney deficiency, could you really assume the market wouldn't be an ED patient today?
However, this kind of decline just means yet another sprint opportunity is rushing at us. Whether using divergence or fractals, standard patterns will very quickly emerge. In fact, for those who have zero positions, it wouldn't hurt to fish a bit at the bottom by end of day today.
Pay attention: from a medium-term perspective, definitely keep an eye on the real estate sector. This ID already mentioned a few days ago that real estate had set up a bull trap. So the big drops these past few days are perfectly normal—otherwise it wouldn't be called a bull trap. The key question now is whether real estate—having been the earliest sector to rally—has come down for a second buy point clearance or is starting a new round of decline. This has enormous medium-term directional significance for the broader market. Of course, the same applies to financial stocks.
That Ping An mess still hasn't been resolved, which continues to be a major suppression on the broader market. Until it's resolved, the market can't truly take off—this point must also be noted.
Remember: sprinting means you finish the dash and you're done. Absolutely do not turn it into a marathon.
Signing off, see you later.