Detailed Explanation of the Lunyu: For All Those Who Misinterpret Confucius (34)
2006/11/23 12:00:00
The Master said: The multitude — when they regard something as bad, they despise it; one must observe it directly. The multitude — when they regard something as good, they favor it; one must observe it directly.
Yang Bojun: Confucius said: "When everyone dislikes him, you must investigate; when everyone likes him, you must also investigate."
Qian Mu: The Master said: "When everyone detests him, you must carefully examine. When everyone likes him, you must also carefully examine."
Li Zehou: Confucius said: "When everyone detests him, you must investigate; when everyone likes him, you must investigate."
Wang Su of Three Kingdoms Wei said: "Perhaps the crowd forms partisan cliques, or the person stands distinctly apart from the group; therefore likes and dislikes must be investigated."
Detailed Explanation: For ages, the greatest expertise among the Chinese has been the art of manipulating others. How did it come to this? Much credit must go to two thousand years of rotten Confucians and their disciples' meddling. Look at the four interpretations above — without exception, they all begin from the angle of calculating and scheming between people. Reading faces, appraising character — regardless of rank or station, everyone excels at it. This endless delight in struggling against others has evolved into endless tricks. Yet these endless tricks are governed by the simplest logic. Dao, person, crowd — using the logical relationships constituted by just these three elements, they manufactured over two millennia of waxing and waning, joy and sorrow — pitiable and lamentable. From the "self-centered" logic of "Dao, person, crowd," the conventional punctuation "When the crowd detests something, one must investigate; when the crowd favors something, one must investigate" naturally arises.
Under this logic, the Dao inevitably becomes merely the Dao that one personally venerates. Using one's own Dao to measure everyone in the world, one then divides the crowd into those on the right path and those not — this is the common foundation of all "Dao, person, crowd" logic. When the crowd's Dao differs from one's own, there arise insights like "the crowd forms partisan cliques, or the person stands distinctly apart" — nothing more than grumbling about the majority conspiring to torment the minority. Such a stance necessarily raises high the banner of so-called "Dao-centrism": the majority is wrong and violates the Dao; truth lies in the hands of the minority; one must resist the tyranny of the majority; and so forth. And when one's Dao has successfully hoodwinked the masses and hung up its signboard as the crowd's Dao, then the minority must submit to the majority, then "Ruler-centrism" prevails, and all rivers must flow to the sea. Saying this and saying that, a hundred clever tricks — it all boils down to nothing but "self-centrism." The Dao belongs to me, people depend on me, the crowd obeys me — I am the greatest. Standing atop this "self-centrism," of course one would interpret the two instances of "zhī" (之, it/them) in this chapter as referring to some person who can be classified under "self-centrism," as the four interpreters did. The single word "him" (他) reveals everything — "him," being not of our kind, must be unified and classified, and only then can we rest content.
Abandoning the dogmatism of "self-centrism," taking "the multitude" as the multitude, we arrive at the following punctuation: "The multitude — when they regard something as bad, they despise it; one must observe it directly. The multitude — when they regard something as good, they favor it; one must observe it directly." "The multitude" (众) — there are large crowds and small crowds. Whether using the majority to oppress the minority or using minority status to play victim, neither can constitute the true "multitude." "The multitude" must be the "multitude" that manifests "the appearances of the multitude." For any phenomenon, different people will manifest different degrees of liking and disliking, and correspondingly there are "the appearances of the multitude." That kind of phenomenon where everyone is of one mind, one color, one tone, one scent, one taste, one thought, one action for all phenomena — there is no "multitude" to speak of. "Zhī" (之) refers back to the preceding "multitude" — including all phenomena in reality. "Favor it" — considering it good and favoring it; "despise it" — considering it bad and despising it.
Liking what one considers good and disliking what one considers bad — these are normal human sentiments. And a person's "far-reaching deliberation" cannot be separated from "observing" (察, chá) all phenomena in reality. "Observing" is without likes or dislikes. If you bring various likes and dislikes to your "observation," then there is no "observation" — it is merely a continuation of the tricks of "self-centrism" logic. What is "observation"? To discern, to see clearly, to comprehend. Only by setting aside all likes and dislikes, directly observing the present moment, can there be true "observation." Every person has emotions, likes, and dislikes, but these emotions, likes, and dislikes are the greatest interference with "observation." "Far-reaching deliberation" cannot be separated from "observation," and "observation" requires setting aside all likes and dislikes to directly observe the present moment — only then is genuine "far-reaching deliberation" possible. "Yān" (焉) — a contraction of "in this." Direct observation of the present moment is "observation in this" — leaving the real shore of this world to fantasize about an ethereal other shore, there can be no direct "observation" to speak of.
A person with "no far-reaching deliberation" — who lacks profound examination, contemplation, and planning — is, within the "certainly near-clinging calamity," fundamentally most plagued by the calamity of despising and favoring the "multitude," the "appearances of the multitude," and all phenomena from personal selfish interest, unable to set aside all likes and dislikes to directly observe the present moment. Using subjective speculation to replace objective observation, using fantasies of the other shore to replace the reality of this shore — are such things rare in reality and history? Are the calamities and tragedies produced from this rare? Over twenty-five hundred years ago, Confucius had already given a clear warning. Those rotten Confucians who endlessly play "self-centrism" and "Dao, person, crowd" tricks — those naive fools who shouted to tear down the Confucian establishment — what exactly have they done in their headlong, helter-skelter, ringing-the-bell-in-your-ear-duty-bound rush?
Chán Zhōng Shuō Chán's Vernacular Translation
The Master said: The multitude — when they regard something as bad, they despise it; one must observe it directly. The multitude — when they regard something as good, they favor it; one must observe it directly.
Confucius said: All phenomena — when regarded as bad, they are despised. For this, one must set aside all aversion and directly observe the present moment. All phenomena — when regarded as good, they are favored. For this, one must set aside all preference and directly observe the present moment.
(To be continued)
Strictly prohibit plagiarism, violators will be prosecuted
Replies
缠中说禅 2006/11/23 12:18:35
Heart Zen
2006-11-23 11:39:07
We are connected by fate — both our blog names contain the word "Zen," yet they couldn't be more different. I'm deeply impressed by your "Stock Zen"! I always buy stocks that "fall after I buy and rise after I sell!" Your articles are great, but I'm reading them in a fog. Let me ask a simple question — please don't laugh — which ones are the annual and semi-annual lines? How do I read them? Can I enter "Beichen" (601588) now? When will Dongfang Jinyu (600086) go up?
Very sincerely seeking the "Master's" guidance!
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That stock has very tight market-maker control. If your entry cost is too high, you'll need to endure certain risks. The mid-term key is the 70-month line this ID mentioned last time — if it truly breaks through, there could be a continued big rally.
"Beichen" definitely hasn't reached its mid-term target, but this ID doesn't like chasing highs and doesn't recommend anyone buy high.
缠中说禅 2006/11/23 12:19:57
[Anonymous] 冰火
2006-11-23 12:16:20
Host, your words really scared me
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Scared about what? Corrections are normal. Corrections are great opportunities for rotation — what's there to be afraid of?
缠中说禅 2006/11/23 12:25:38
[Anonymous] 捣蛋
2006-11-23 12:11:44
Can 600653 be entered?
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This position is rather awkward. Mid-term no problem, but short-term you need to be careful about finding the right entry timing.
Let me casually tell you a secret: the best time to enter a stock is when the moving averages converge. For example, with this stock, November 13 was the best short-term entry period. Now you'd essentially be betting on the second wave — a much worse position than the original.
I'll write about some tips on how to enter stocks in future posts. Please stay tuned.
缠中说禅 2006/11/23 12:28:00
好养的鱼
2006-11-23 00:09:27
Chán Zhōng Shuō Chán, hello.
I entered 600992 around 4.31. Will there be a big rally opportunity soon?
This stock has certain fundamental pressure due to occupied funds, but there's a market maker working it. The mid-term key is to first hold above the 4.6 yuan annual line before a significant launch opportunity arises. This stock has certain fundamental pressure due to occupied funds, but there's a market maker working it. The mid-term key is to first hold above the 4.6 yuan annual line before a significant launch opportunity arises.
Chán Zhōng Shuō Chán replied on 2006/11/23 12:13:02:
This stock has certain fundamental pressure due to occupied funds, but there's a market maker working it. The mid-term key is to first hold above the 4.6 yuan annual line before a significant launch opportunity arises.
缠中说禅 2006/11/23 12:32:23
[Anonymous] 。。。。。。
2006-11-23 12:28:22
[Anonymous] 捣蛋
2006-11-23 12:11:44
Can 600653 be entered?
I bought 600653 a few months ago, and was just planning to sell it.
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Mid-term there's no question of selling. Short-term you've already missed the best exit timing. Didn't you read this ID's "Teaching You to Trade Stocks" — after a huge volume spike is a good short-term exit opportunity. Look at November 17 — doesn't it perfectly match this pattern?
缠中说禅 2006/11/23 12:35:15
Announcement
This ID is in a good mood lately and is willing to answer everyone's questions about stocks. I don't recommend specific stocks though, because I'm not a stock commentator — and I despise stock commentators.
Everyone is welcome to spread the word.
缠中说禅 2006/11/23 12:53:14
[Anonymous] 打死我也不说
2006-11-23 12:37:59
Is "this ID" in a good mood because of finding a paramour or making money? Haha!
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If finding a paramour or making money were enough to make me happy, this ID would never have enough time to be happy — wouldn't I get tired of being happy?
缠中说禅 2006/11/23 12:55:05
[Anonymous] 诚心请教
2006-11-23 12:29:41
Host, how should 600320 be traded? Thanks!
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Mid-term no major issues. Short-term, yesterday was a good opportunity for a quick trade, because it was the first attempt at the annual line. If you missed it, just let it go.
缠中说禅 2006/11/23 13:00:06
[Anonymous] 快
2006-11-23 12:40:15
What about 600596 and 600143?
The latter one is too much of a market-maker stock — don't bother entering. If you already hold it, just keep it. The former is okay, but it's not a good time to enter. If you hold it, no problem.
缠中说禅 2006/11/23 13:01:15
Market's opening, need to head off. Questions I haven't answered, I'll get to after the market closes.
缠中说禅 2006/11/23 13:42:46
Another friendly reminder: currently the Shenzhen Component Index and the Shanghai Index have diverged — this is a very bad signal. If it doesn't change after 2 PM, intraday volatility is unavoidable. And the probability of the index entering a correction further increases.
缠中说禅 2006/11/23 15:11:58
As per the friendly tip above, the market experienced major intraday volatility. During the volatility, new sectors used the opportunity to launch — this is classic rotation. Short-term traders with good technique can have endless fun with this.
But the market showed fatigue today. The indices of both exchanges diverged, and trading volume also declined, signaling that a real correction is imminent. Note: intraday volatility and a correction are not the same thing. Even the shortest-term correction must at least test the 5-day or even 10-day moving average.
As said at noon, there's no need to fear a correction. People with good technique love corrections most — a correction is the time to find the next rising stocks. At minimum, you can use the correction to switch positions or trade spreads. Stocks that didn't move in the previous period may also launch during the correction.
缠中说禅 2006/11/23 15:20:00
[Anonymous] 幸运星
2006-11-23 14:53:55
I deeply admire the host's talent and ability!
I'd like to ask the host a question:
As someone like me, a small company employee tired of the 9-to-6 life, if I wanted to make a living from the stock market in the future, does the host think this is feasible? I have no investment experience, no knowledgeable friends around me, and my main learning channel is the internet.
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You can trade stocks while working at a company — there's no contradiction. Wait until you've accumulated a certain amount of wealth before dedicating yourself to stocks alone. Learn the techniques first. Stocks aren't gambling — even gambling has technique, let alone stocks.
缠中说禅 2006/11/23 15:23:12
[Anonymous] 青皮六
2006-11-23 15:05:54
Lady Zen Master, while you're in a good mood, may I ask about 000922 — is there still an opportunity before its share reform? To wait for the reform, I've already been ambushed from behind multiple times
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Don't go down one path to the bitter end. Playing the share-reform waiting game — people were doing that N months ago. That game is over now. Since you've already waited this long, just keep waiting. But never do this again in the future. You have to keep up with the times.
缠中说禅 2006/11/23 15:25:32
[Anonymous] 中银国际
2006-11-23 14:30:58
So impressive — the host doing index futures would be absolutely unbeatable.
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Of course. I'm just waiting for it to launch. Playing foreign markets is too exhausting — often have to get up in the middle of the night. I'm tired of the Hang Seng Index. Let me play with the domestic fledglings instead.
缠中说禅 2006/11/23 15:38:36
Notice
In the future, please post questions under each day's new post. This ID rarely looks at comments on old posts — if you're missed, that's not good.
缠中说禅 2006/11/23 15:44:07
[Anonymous] 最爱诚信
2006-11-23 15:31:19
Host: I truly admire you!
I've held 路桥建设 600263 for over half a month, going back and forth, barely enough to cover commissions! What's the future direction? What impact will CCCC's listing have on it? Feels like its movements follow Cheng Jian???
Thanks!
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Develop the habit of preferably not playing the second wave. This stock is consolidating after a big upswing — this kind of consolidation is the most annoying, with many false signals. The stock has no mid-term problems. Short-term requires patience. Resistance is at the 250-week line, currently at 7.72. If it can break through and hold, the second wave rally unfolds; otherwise, it's still box consolidation.
缠中说禅 2006/11/23 15:45:51
[Anonymous] 一声叹息
2006-11-23 13:15:39
Already entered 600267 and 600868.
Please have the host evaluate. Thanks!
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The former hasn't reached the annual line — in the future, it's best not to enter these kinds of stocks. But since you're already in, just hold it. Stocks that haven't launched will eventually all launch — their turn will come. The latter is consolidating at the annual line. Patiently wait for the consolidation to complete.
缠中说禅 2006/11/23 15:56:06
[Anonymous] 谗
2006-11-23 14:01:45
May I ask about 000100 TCL — stuck at a high position, cost basis 5.6. How should I operate to minimize losses going forward?! Thanks so much!!!!
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That cost was probably from trying to catch the bottom. First, you must seriously learn from this lesson — especially as a retail investor, absolutely never try to catch falling knives. You must wait until the stock stabilizes and is about to launch before entering.
Currently this stock is grinding against the annual line. Once it stabilizes, there will be a rally. But your cost is too high — whether it can reach your cost is really hard to say. If possible, add to your position during corrections to bring your cost down to around 3 yuan. Then the chance of breaking even or even making tens of percent is quite good.
If your short-term technique is decent, you don't have to be so rigid. Add one-third to half a position and trade short-term based on indicators to bring down your cost. Your current problem is that your cost is too high. In the future, absolutely never try to catch the bottom — remember this.
缠中说禅 2006/11/23 16:03:44
[Anonymous] 弃暗投明
2006-11-23 13:56:47
Hello teacher, I just discovered this wonderful place — I hope it's not too late.
May I ask, can 600036 still be entered now? Someone suggested entering below 8 yuan — do you think it will correct that much?
Also, what do you think of coal stocks like 600971? Will they become the next hot sector?
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You mean China Merchants Bank? Short-term, absolutely impossible. Mid-term, the probability is also almost nil. Long-term — that's years away, so let's not discuss it.
Coal stocks have no mid-term problem. They will launch after the correction.
缠中说禅 2006/11/23 16:04:45
[Anonymous] 等你回复
2006-11-23 16:00:51
A lot of stocks have risen too high to dare enter, and the low ones I'm afraid will keep falling. Could the host talk about stock selection methods for the next phase?
I hope the host can put out a dedicated article on stock trading techniques — mainly I'm afraid of missing what you mention in replies. Thanks a lot.
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Sure.
缠中说禅 2006/11/23 16:06:58
[Anonymous] 古代
2006-11-23 16:03:29
You are truly admirable! ...I really love one of your sayings: "What others abandon, I take; what others take, I give" — not competing for the lead. You discuss Confucian thought; may I ask what you think about ritual, morality, and behavior?
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Wrong — this ID's saying is "When others abandon it, I don't necessarily take it; when others fight for it, I definitely give it." There's a significant difference here.
The question you raised afterward is too big. I'll address it when we get to the relevant chapters of the Lunyu.
缠中说禅 2006/11/23 16:08:02
[Anonymous] 半小时以上
2006-11-23 16:02:29
Having lurked for many days, I've been ensnared by this enchantress — my heart itches with mixed feelings, to say the least.
The "premature ejaculation" metaphor was very vivid and brilliant! Could you elaborate more on methods of identification?
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This topic will be developed gradually. The previous article was just an overview.
缠中说禅 2006/11/23 16:09:31
[Anonymous] 青皮六
2006-11-23 16:07:45
Using stocks to attract the masses, then educating them with Confucius and Marx — the Lady Zen Master has deep intentions
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No one has the right to educate anyone else. "Education" is the hypocrisy of the "Lu style" — it's not the real Confucius.
缠中说禅 2006/11/23 16:10:32
[Anonymous] 士敏
2006-11-23 15:58:59
Whoa, how did this place turn into a stock market forum? Nobody's talking about the Lunyu anymore?
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Look — there are Lunyu questions above too, aren't there? The stock market contains the Lunyu as well. The Dao is not far from people.
缠中说禅 2006/11/23 16:17:16
针眼麦芒
2006-11-23 16:07:58
Hehe, the host's place is truly wonderful. Regarding the Lunyu, I previously read Master Nan's "Alternative Commentary" and quite enjoyed it. Now seeing the host's detailed explanations, equally brilliant, I've benefited greatly. My thanks first. May the host ascend even higher in the Confucian world.
PS:
Currently holding 600795, entered at the annual line challenge, which failed. Can I still hold short-term? Hehe, I've read your economics. Feeling ashamed — starting from zero. I hope the host will kindly instruct.
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What this ID explains and Master Nan's are worlds apart — they are not the same thing.
If it's short-term, the first and second attempts at the annual line are both the best opportunities for quick trades. This stock's downside support is at the gap at 5.67-5.72. As long as it's not broken, mid-term there's no problem. If you hope to hold mid-term, patiently wait for the annual and semi-annual lines to be broken through.
The key is whether you want short-term or mid-term — this depends on your capital size and position size.
缠中说禅 2006/11/23 16:19:40
Wind and Moon
2006-11-23 16:06:30
My admiration for Math Girl is quite something! Let me boldly say: whichever man becomes her paramour would be truly honored!
Please help me look at 600401 — this stock should start rising soon, right! If it doesn't go up in 3 days, I'm switching!
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Your entry timing was wrong. For short-term, you must enter when moving averages converge — this way you don't waste time. Of course, since you've already entered, just watch it carefully, but be prepared to endure certain short-term risks.
缠中说禅 2006/11/23 16:20:43
[Anonymous] 白丁
2006-11-23 16:19:19
Great, Math Girl loves to help people!
I'm a rather boring person — I don't like thinking too much about personal livelihood matters.
Host, I just want to ask what that picture means? What is that person doing? I can't make sense of it. I want to laugh but can't find the humor — hehe, what a strange picture!
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Then don't laugh.
缠中说禅 2006/11/23 16:21:54
All right, time to go. If you have questions, throw them here. If I have time tonight I'll answer them.
Goodbye
缠中说禅 2006/11/23 21:19:50
[Anonymous] 海子
2006-11-23 18:46:33
Today is my first day reading the host's articles. Found them very unique and quite beneficial.
May I ask: How do you view 600426, 600535, 600219 mid-term? And 600497 long-term? What's your assessment? Since I don't have much time, I don't like trading in and out frequently. Thanks in advance.
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600426 — Currently undergoing mid-term consolidation around the 120-week line. It needs to firmly hold above before a big second wave rally.
600535 — If the previous 18 yuan cannot be effectively broken through, beware that this may be a B-wave rebound of a mid-term correction. Mid-term support at the annual line.
600219 — Mid-term consolidation between the 120-week and 250-week lines. The second wave rally requires first conquering the 250-week line.
600497 — This ID has never been interested in long-term investing. The 5-week line is the mid-term lifeline. Once effectively broken, it will enter mid-term correction.
缠中说禅 2006/11/23 21:24:02
[Anonymous] 酸辣粉
A side note: this technique shouldn't be used recklessly without a certain level of skill. Let me give you an example: during 9/19-9/27 for 600685 and 9/14-9/21 for 600220, pull up their K-charts. Can you see any difference? Both show moving average convergence. But the subsequent directions are completely opposite. In hindsight everyone understands, but when you're in the middle of it, most people think it'll definitely go up, when actually it might not. There are many such examples, so techniques can't be used recklessly. You have to look at the full picture — like the host said yesterday about program combinations, meaning examining individual stocks from multiple angles.
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There are still differences. The latter was the final fake-out of a triangle consolidation, while the former didn't have this issue. Also, this ID never recommends touching stocks whose first wave was too strong followed by an excessively long consolidation period — such stocks are full of fake signals.
缠中说禅 2006/11/23 21:27:07
[Anonymous] 想飞
2006-11-23 20:05:39
Host, may I ask, does 600188 match the moving average convergence entry point?
I really want to make money in the stock market like you. I want to learn but don't know where to start. Really confused — I hope the host won't mind repeating yourself and teaching more
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It needs to first hold above the annual line before we can talk.
缠中说禅 2006/11/23 21:29:02
[Anonymous] 缠绵不觉
2006-11-23 19:30:47
Hehe, may I ask Lady Chan about 600581 — where can it go in the short term?
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Short-term it's exactly being held back by the 120-week line at 4 yuan. Only if it effectively breaks through will the upside space be fully opened.
缠中说禅 2006/11/23 21:35:23
[Anonymous] 炼铁设备
2006-11-23 21:29:06
Math Girl:
- Has the current bull market already neared its end?
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Didn't I say this long ago? We're currently in the first stage of the bull market.
- What are long-term, short-term, annual line, convergence, and the overall market?
I don't understand stocks — don't laugh at me.
I'm currently studying up on stocks in preparation for index futures. Where can I stay in long-term contact with you?
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Stay in contact right here. As for those questions, they'll all be addressed in future posts.
缠中说禅 2006/11/23 21:36:23
[Anonymous] tryrtytry
2006-11-23 20:27:06
The stock market — when regarded as bad, observe; the stock market — when regarded as good, observe.
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The Dao is not far from people.
缠中说禅 2006/11/23 21:39:28
[Anonymous] 无花果
2006-11-23 21:31:47
Host, how much potential does 600050 have? Please answer. Thanks.
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Don't get in the habit of asking "how much potential" — it's just like asking "how far must it fall before hitting bottom." Both are questions born of harmful thinking. All you need to know is that the mid-term rally is unfolding. Hold and wait for the signal that the rally has ended.
缠中说禅 2006/11/23 21:46:40
[Anonymous] 感谢并请教楼主
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600663 is a classic example of consolidating on the annual line, then all moving averages converging before a mid-term rally is born. Everyone should study this daily chart carefully to get a feel for it.
If you hold this stock, keep it. The best mid-term entry opportunity has passed. The best short-term opportunity — the optimal short-term entry when price retests the 5-day line after a gap-up in the strongest uptrend — has also passed. So neither mid-term nor short-term is a good entry point now. Just let it go.
缠中说禅 2006/11/23 21:47:37
[Anonymous] 有风南来
2006-11-23 21:41:31
I'm talking about the Lunyu. I don't understand stocks.
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Stocks are inseparable from the Lunyu.
缠中说禅 2006/11/23 21:51:08
[Anonymous] 酸辣粉
Also, I'd like to ask the host: how do you view the volume in the Shanghai market these past few days? If you combine volume and price, it seems very normal and healthy. But from the intraday order flow, it feels like rising on volume with stagnation. How does the host see it? Also, a correction is certain, but we can't see the kind of massive bearish candle like 6/7 or 7/13 — otherwise this spot would be the top. How does the host see it?
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First, don't consider the question of a top — unless you think a short-term top counts as one. Second, a mid-term top isn't forged in one day. Only after a topping process over a period of time will that type of massive bearish candle appear. A massive bearish candle during an uptrend will only provoke an even more ferocious counterattack from the bulls.
缠中说禅 2006/11/23 21:56:25
That's all for today. Goodnight everyone, goodbye.
缠中说禅 2006/11/23 22:07:36
Hello host!
I entered 600877 China Jialing at 2.91 and Qinghai Mingjiiao at 4.6. I hope the host can help analyze how I should operate to minimize losses!!!
Immensely grateful!!!!
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Only saw your question as I was about to leave. This ID always gives priority to answering questions from those who are trapped.
First, please remember this lesson well: never enter during the rebound of a decline that was initiated by a massive volume bearish candle forming a top — this is a cardinal sin in investing. Your Qinghai Mingjiiao was probably bought this way. Just wait. There should be mid-term opportunities to break even. You must absorb this lesson.
Your China Jialing was probably bought chasing the high — that's another lesson. Also wait. There should be mid-term opportunities to break even. You must absorb this lesson. Absolutely never chase stocks higher — you must have this mindset: let it rise however much it wants, pretend this stock doesn't exist.
缠中说禅 2006/11/23 22:12:49
[Anonymous] 奇淫合欢散
2006-11-23 21:59:56
Salute to the host!!
May I ask if 000752 can be entered currently? Also, could the host please look at the weekly K-chart of 002035? It's very interesting — well-arranged and orderly, seemingly very suitable for swing trading.
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All stocks are suitable for swing trading — don't develop fixed patterns based on regular-looking movements. People are often killed this way. For 000752, entering in batches mid-term carries little risk, but patience may be required.
缠中说禅 2006/11/23 22:13:08
Heading off, goodbye.
缠中说禅 2006/11/24 10:07:17
The market is correcting as expected. Please closely watch stocks that resist the decline — the next round's dark horses are very likely to emerge from these.
缠中说禅 2006/11/24 11:13:19
Currently the bulls and bears are battling at the 5-day line. If the bulls win, the strongest pattern will emerge — same-day correction completed. Otherwise, the correction period will be significantly extended. But individual stock performance won't be bad. Closely watch stocks that haven't launched yet and those showing strength against the trend.
缠中说禅 2006/11/24 12:20:30
Please post questions under the new post today.
缠中说禅 2006/11/23 12:09:31
Yesterday this ID gave a friendly reminder during trading hours to be mentally prepared for volatility. After yesterday afternoon's subsequent plunge and this morning's volatility, the market is getting closer and closer to a real correction.
Note, the correction this ID is talking about is only short-term. Good individual stocks may even use the correction as a launch pad.
Before the market enters a correction, there is a very high probability of first creating a bull trap. The market left a breakout gap at 1923-1925 and a continuation gap at 1972-1977. If it's a bull trap, once an exhaustion gap appears, the alarm will sound.