Sorry, Haven't Had Much Time to Write Posts Lately
2008/7/19 5:57:14
Things have been a bit chaotic on this ID's end. I'm about to be readmitted to the hospital soon. I really haven't had much time to write posts lately. Once everything stabilizes, I'll go on at length again. For now, please make do.
Friday's market, influenced by news rumors, underwent a fairly large rebound under technical requirements. However, the 5-day moving average still cannot be said to have been effectively held. If it breaks back down early next week, there is instead the risk of a new round of decline. So the same old saying applies: hold the 5-day line and there's at least one more charge; otherwise, be cautious. Next Monday, regardless of what the news environment looks like, there will be a short-term resolution.
That's all. Heading off now. Goodbye.
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