Market Commentary and Beijing Travel Guide: A Contribution to the Olympics

2007/10/17 22:36:22

Sorry, just got home. Today the market continued the central-pivot oscillation below 6124. Technically, whether it can oscillate out a 5-minute pivot will be clear by tomorrow, and then it becomes a question of the third-type buy/sell point for that pivot. Right now, no matter how it moves, it doesn't mean much — the key is the pace of fundamental developments after the congress ends, which determines when this top-chasing game concludes.

On individual stocks, thematic stocks remain active. The "China-prefix" stocks, having been called out by name for criticism today, will need a longer rest period, requiring themes like PetroChina's return to be reconfirmed. This next round of China-prefix launches, I'll leave to the bulls — this ID has no interest. This is a question of rhythm: only ride the first wave, never the second. That's the subtlety of trading.

Alright, today I'll combine two posts into one. Thought it over on the plane and wrote two pentasyllabic regulated verses — consider them a Beijing travel guide.

Tired. Been away nearly a week, originally a one-day trip that got extended. But the results were well worth it. Going forward, this ID will be manufacturing stocks on a grand scale, PE-ing them to the market, letting the market pay 300 yuan for this ID's 1-yuan stocks.

Signing off now. See you. Please enjoy the Beijing travel guide — my contribution to the Olympics.

Climbing the Great Wall

Chán Zhōng Shuō Chán

Climbing the Great Wall for a visit
nowhere worth lingering
Gazing far — clouds block the eyes
turning back — wind batters the head
When did it ever fend off tigers and leopards?
Since ancient times, it only penned sheep and oxen
Its sole use is for boasting
that today it can be seen from the moon

Touring the Forbidden City

Chán Zhōng Shuō Chán

How lofty these walls!
Common people's blood stained them red
A thousand-acre estate, square and vast
Two dynasties rise and fall into void
Earth piled up Coal Hill's trees
Flags changed with Yinghai's winds
Today's tourists from north and south
bustle all day in raucous din