Facing a Short-Term Breakout Decision

2007/12/26 15:12:23

First thing this morning I received a phone call with severe mockery. I'll explain the content in a moment. But now that the market is closed, this ID wants to first challenge everyone with a super simple question: What is the relationship between today's high and low points and yesterday's mentioned hub midpoint of 5210?

Note, this kind of relationship isn't always this precise — it's just that this time the oscillation was truly too textbook, without even the slightest deviation. Not fun at all. Obviously, using this numerical relationship, knowing the high point lets you pre-calculate the approximate low point, and vice versa. However, this is all for reference — the key is still the chart itself.

Since there wasn't much to talk about today, let me take the opportunity to give a brief lesson. Yesterday's homework problem was too easy — the vast majority already know the relationship with fractals, so no need to elaborate.

Because the Bollinger Bands on the 30-minute chart are narrowing, the short-term faces a breakout decision. Note, what this ID is referring to here is the decision among the three choices mentioned yesterday — not necessarily a directional breakout. For example, breaking out into a larger-level oscillation is also a type of choice — this is a choice of trading time for space.

In these last two days, how the window-dressers choose will determine the direction and type of the breakout. But which way it goes actually has no particular significance — the key is to determine the annual K-line, and then next year's trend will have a basic reference standard. That's what matters most.

Of course, given the nature of funds and their bonus distribution rules — if nothing major happens, would these people really sabotage themselves?

I don't want to talk about individual stocks, because I was severely mocked first thing this morning. The target of mockery was a recently listed stock. N months ago, the friend who called today also came by, holding N hundred thousand shares of this stock, and wanted to sell them to this ID at 12 yuan. This ID thought it was too few shares and too expensive, called him a bandit — something worth 1 yuan being sold at 12, highway robbery.

As a result, today I was severely mocked.

Good grief, this world is too crazy. But this ID is also quite happy, because I invested in similar companies at extremely cheap prices — just need to wait a bit before they list. I hope this thing goes to 1,000 yuan. Then in the future, based on the price ratio, this ID will sell to today's caller at 1,500 yuan.

Wishing all you big and little troublemakers fast growth and smooth sailing in everything.

Signing off first. See you later.