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The Next Short-Term Opportunity Is Approaching

2008/4/1 15:16:38

Don't make this ID look down on you. Every short-term trade, this ID has made the final exit level crystal clear. Like this time with 3499 — this morning it tried to push through twice and failed, then started a major decline. If you can't even see this clearly, go back to Confucius Man — at your skill level, you'd only embarrass yourself here. Or have some self-awareness and write "never trade short-term" on your forehead, because you're incompetent.

This ID most despises those who have no skill themselves yet question others. Just because you can't trade short-term doesn't mean short-term trading doesn't work during declines. Why can this ID get out smoothly every time? Following this ID's final exit levels, if you don't have higher skill than that, which time couldn't you have gotten out?

Now, what capable people are about to do is immediately prepare to seize the next short-term opportunity. This opportunity comes quickly after the bottom breaks. Actually, many stocks — after pulling back 10% to 20% — could already be bought back at today's close, especially for those with larger capital.

Right now, it's a standard descending channel. You can trade short-term at the lower rail. If it breaks the lower rail and accelerates, then pop the champagne — a big rebound is right around the corner. This is the most basic technical common sense — what's so difficult about it?

The regulators can do whatever they want. This ID will play along with them down to 2500, or 1500 for that matter. Capable people just keep getting richer regardless, and when the time comes, they'll buy cheap goods by the truckload. Been playing this game with them since 1990, nearly 20 years now — who's afraid of whom?

In this world, you can only rely on your own skills. Begging others to save you — is that even possible? This ID said long ago: you absolutely cannot depend on anything — even if that thing is called the government. This is one of the biggest lessons this ID has learned since 1990.

This ID increasingly senses that the biggest money-making opportunity of this year is getting closer and closer. Let Confucius Man wail. Let them beg the government. We're sharpening our knives.

Signing off, see you later.