5-Day Moving Average Controls Ultra-Short-Term Trends

2008/9/2 15:15:15

Today the market nearly didn't break the bottom, then squirmed around all day. But Shenzhen did break it — as long as there are no surprise midnight announcements or similar sudden events, a break is only a matter of time. At the earliest, it could happen at tomorrow's open. Shanghai's ultra-short-term trend right now depends on the 5-day moving average — if it can't hold, this round of selling isn't over. So if you're feeling lazy, watching the 5-day line is sufficient.

Actually, it doesn't really matter what the market does right now because there's no volume. Even if it just grinds downward from here, once it reverses, it can quickly return to current levels. The key is still the final result of the monthly fractal — everything else is largely meaningless.

This ID is very glad to have been writing this blog all along. For instance, right now — alone, writing a few words here each day, there's always a warm feeling. I'm very grateful for everyone's suggestions; they give this ID the feeling of going through things together with all of you. Very good.

On a bigger note, everyone in reality is a pitiable being — otherwise they wouldn't have been drawn by karma into the journey of being human. People have both suffering and joy, but joy ultimately returns to suffering. In this ID's view, all people are like a group inexplicably exiled into the wilderness. Being able to help one another is surely the most beautiful thing in the human world. This is what "the same body shares the same compassion" means. Regardless of who you are, on the most fundamental level, you share the same collective karma with this ID, which is why we've all ended up on this Earth — what an immense karmic connection. Therefore, to use this connection to collectively break free from the labyrinth of birth and death — this is what truly gives life meaning.

This ID's heart is one with all of yours — sharing the same sorrows and joys. Whoever has the fortune to break through this cycle of birth and death will, without exception, broadly ferry others across. Here, any bickering and scheming is utterly pointless. Standing on the fundamental ground of life, many things in life can be let go. And you?