A Regulated Verse Composed While Receiving an Injection: Song of Dust (Plus a Word on the Stock Market)
2008/8/4 15:26:00
I didn't intend to talk about the stock market, because there's really nothing to say. But posting at this hour without a word about it doesn't seem right either. Still, there's no point — for example, this weekend when this ID defined it as a game of betting on news, a lot of people weren't happy. So what can this ID say?
If you want to hear sweet nothings, this ID has none to offer. Sorry. The only thing this ID knows is that regardless of the reason — never mind that nonsense about some games — even if the Jade Emperor himself descended, if the market action doesn't show a bottom, there is no bottom. Everyone is hoping for a so-called Olympics rally followed by a grand escape. If everyone thinks this way, who pays the bill? Those who said the market would hit 8000 before the Olympics — how many of them are dead now?
A true iron warrior looks only at the price action itself. Everything is reflected in it. If you can't even follow this principle, then don't bother studying any theory. Go buy a broom and stand guard at the entrance of the securities commission as an undercover agent.
This ID doesn't want to reiterate the profound principles of this ID's theory either. Just use the simplest tool — moving averages. If the stock can't even get above the 5-day line, can there be a rally? Also, the clearest technical signal right now is whether the MACD is about to break below the zero axis or not, and whether a break would be a false break — the old Hamlet question. To see the market clearly, just figure out this one question. Until it's resolved, what's the rush?
This ID doesn't want to cultivate laziness. The usage of MACD has been explained many times. Figure it out yourself. Those who truly understand can see at a glance how to arrange subsequent operations. If you can't, then study.
Composed a regulated verse while receiving an injection. Recording it here.
Song of Dust
Chán Zhōng Shuō Chán
Proud bones forged by heaven — hard to bend the waist
This ruined body still delights in riding wild tides
Once green, wearied of the road to blue clouds
In the five turbidities, willingly becoming a bridge over muddy waters
Wrathful shadows by the three thousand — gods, ghosts, and beasts
A hundred-and-twenty fortified passes — sword, zither, and flute
Through ten billion kalpas, enduring heaven and earth
Eighty thousand dusty toils — dreams, bubbles, burned away
Replies
Chán Zhōng Shuō Chán 2008/8/4 15:51:18
Sorry, this ID can only keep the first page clean. Must sign off now.
One more thing — it's pitiful that some people still don't get it. Right now is the time to wait for a buy point. Waiting for a buy point doesn't mean the buy point has arrived, which is why you need to wait until the chart tells you. Before that's settled, what's the rush?
See you.
Chán Zhōng Shuō Chán 2008/8/4 15:47:10
"Henry Xiao" should be "xiao" (flute), right?
(2008-08-04 15:31:37) [Delete] [Reply]
Blogger's reply:
Thanks, corrected.
A Sina user says well — sell now
(2008-08-04 15:32:12) [Delete] [Reply]
Blogger's reply:
The wild goose passes — draw the bow.