Those Who Can't Enjoy Big Shocks Haven't Even Entered the Stock Market's Door

2008/1/17 15:14:57

Of course, it wasn't because this ID went to Shenzhen that it deeply "Shenzhen-ed" everyone — don't think that way, or this ID definitely can't go to Changsha next time.

Sparkling for a day or two — today is merely the second day. What an exquisite rhythm! If you can't appreciate it, it's such a waste of the script fees, rehearsals, and venue rentals.

Of course, there are different levels of enjoyment — one is passive, one is active. The passive type goes without saying — they're the best spokespersons for elevator advertisements. As for the active type, that depends on technique.

Don't underestimate the most basic segmentation technique. From 5,522 points down, nearly 500 points — that's a single line segment's type-decline. If you understand this, you become proactive; you enjoy it. Why? During the most ferocious hub shifts, what often appears is a single line segment's type-trend. The so-called one-sided decline or rally is exactly this thing — once you understand it, how can you not feel great?

The sharp pull-up first thing this morning only constituted a stroke and didn't break the declining segment. If you understand this point, operations become extremely simple, because you absolutely wouldn't miss the obvious type-divergence in the afternoon.

But note: since this type-divergence isn't between two type-hubs but appears within a single line segment, if this pullback can't hold above 5,209 points again, then there will still need to be a secondary bottom test.

At the start of this week it was already said: something will happen before Chinese New Year — that's this week. Going forward, there will be a gradual building of harmonious atmosphere, but before building harmony, what must be built first is terror. Without terror, without thoroughly cleansing the wavering elements, how can there be harmony?

On individual stocks, yesterday's reminder was already clear enough: "If this situation extends too far, it's not good — being too divorced from the index isn't good either." "If you feel your heart can't take it, you can take out the principal first — for example, 600737 and the like — and leave the profits inside to continue." This morning, these stocks all opened in positive territory; 000822 and the like even hit new highs for people to react to. If you didn't react, this ID can't help it. You can't exactly hold up a barbell and wait for the least responsive person to respond — if that were the case, this wouldn't be a market; it would be a fairy tale.

As for 600319 hitting the daily limit again today, that's merely a matter of attitude. Old-timers here probably all know — even during the most brutal moments of 5/30, among the stocks this ID mentioned there were always one or two stubbornly in the green. Note: I must declare this has nothing to do with this ID — it was probably the computer having a malfunction, a cramp.

Note: there's no need to chase stocks at high prices right now. Watch for those that have been thoroughly washed out during the adjustment and are preparing to restart, as well as those that didn't move previously and now have new capital entering. But the prerequisite for all of this is that the market's terror phase has passed.

For those with high skill, this is the golden period for games. Operating a 30-minute oscillation well can yield higher returns than a one-sided move, especially for retail investors with limited capital. For those without such ability, just control your position to an appropriate range — a range where you can sleep well — and wait for a daily bottom fractal to appear before taking action.

Heading out first. See you.