Boldly Donning the Golden Band, Somersaulting on the Cloud

2008/1/7 15:12:36

This title is not a love letter written by the Purple Fairy to that heartless dead monkey — it's a real-world record about the actual stock market.

Even that dead monkey had to eat some iron pellets and drink some copper juice while trapped under the Five-Finger Mountain. And now, with the Gregorian New Year just past and the Lunar New Year not yet here, not even the Jade Emperor himself has the right to let all capital starve from this point on. Even if he had such authority, descending to the mortal world to wreak demonic havoc — nobody could stop that.

Therefore, today's first Tightening Spell of 2008, chanted by the Flying Roast Duck, could only go through the motions symbolically. Indeed, being a duck, one should behave properly. The great pig Pigsy hasn't even performed his Flying Giant Pig act yet, and you rushed to pluck off all your feathers for a grand nude duck flight — the roast duck edition, no less. That was a bit too much.

Too much is too much — correct and come again. In this world, the most torturous thing is hunger. When people are hungry they go mad; when capital is hungry, stocks go mad. On this point, even the Tightening Spell can only keep going through the motions by constantly upgrading.

Therefore, this year's Tightening Spell versions will definitely keep upgrading. All types of capital should choose the timing and manner of their respective somersault clouds based on their own endurance and the overall market conditions.

Probably no one would object to the two points this ID has been emphasizing: first, limp indices, climaxing individual stocks — let the index twitch twice and tremble ten times; second, those who make the first move get bread sooner. If you're too late — once the Tightening Spell becomes a big iron cage — we'll just munch on our bread and watch Pigsy turn into the Flying Giant Pig inside the cage.

Nothing to say about today's market action. The weekly chart remains (1,1). Look at your own stocks — what do their weekly charts show? Then go back to sleep. Of course, if you're particularly anxious, then look at the daily charts. If their daily charts are all (1,1) too, what are you anxious about?

However, one decently forceful oscillation occurring this week would be perfectly normal. After all, the so-called double-top neckline at 5462 points from the 6124-point high is right in front of us. A little shaking is good for body and soul.

Heading off now. Goodbye.