A Few Words on Today's Market Before Social Engagements

2007/7/25 18:31:21

First, a quick note — just logged on and found a system warning that the friends list has reached its limit, so please don't apply to add this ID as a friend. Wait until Sina expands the limit.

Before heading out for social engagements, let me squeeze in a few words. Today, torch bearers on all fronts were very excited. This ID is riding the sedan chair, so of course I should commend those carrying it. From a purely technical standpoint, after 4159 points was firmly held, the attack on the previous high began — this was discussed both yesterday and this morning. Of course, the current upward push is a bit rushed, but for bullish forces suppressed for so long to let loose once, that's perfectly understandable.

Technically, whether 4335 points is broken through tomorrow actually has no significance at all — one day earlier or later doesn't matter. What matters is whether, after the breakout and an appropriate pullback confirmation, even greater energy can be released. Otherwise, there's the risk of a false breakout. So now, technically, the main issue to face is this: once it's confirmed that a false breakout is not the case, then the market will produce a firm and powerful rally; otherwise, the market still faces the possibility of testing 4000 points and below. Whether it's a false breakout or not is the key point for the market's evolution over the next two weeks.

This ID announced this morning that this ID is now in the sedan chair, so I will absolutely not exert any effort — I will only enjoy the fruits that this ID deserves. Others can envy all they want — the fruits this ID earned braving a hail of bullets in the previous period must naturally be savored. Otherwise, how can this ID keep growing stronger? How can I be even more powerful and forceful when I next make a move? The strengthening of all funds that, like this ID, have the mission of fighting foreign enemies is the greatest blow to traitors and invaders — there's nothing more to say about that.

Regarding individual stocks, this ID has already said repeatedly: component stocks first. These past few days, component stocks have been performing in rotation — this is exactly the rotation this ID spoke of earlier. Currently, various forces are taking the stage one after another, coordinating well — this is what's called "a single spark can start a prairie fire." As for non-component stocks, they will definitely rotate in eventually, especially those with catalysts and fundamental support, which will have even more medium-to-long-term value.

On fundamentals, the biggest effort now is pushing for a one-sided stamp duty. Worldwide, only Hong Kong, Shenzhen/Shanghai, Australia, and a few other markets have bilateral stamp duty. Shouldn't the Shenzhen and Shanghai exchanges align with international standards now? This time, aligning with international standards should become a weapon to protect the interests of Chinese people. There have been too many instances of "aligning with international standards" that only made Chinese people uncomfortable — it's long overdue for one that actually benefits them.

Regardless of what angle you look at it from, everything is the resultant of forces. There is no god — everything lies within the resultant of forces. Even without rewards, whatever effort should be made must be made. This was the case when traitors and invaders screamed about "platform patterns" at 3600 points, and it remains the case now. Tomorrow, this ID returns to Beijing — probably on the last flight again, and won't be able to connect with everyone in Beijing until the day after.

The sky above Beijing, whether day or night, is still just the sky — nothing more than the sky.