Rebound Script's First Target: Mission Accomplished
2007/12/11 15:33:37
Back when the market was at 4800, when I said a rebound was coming, I gave a script with the first target being to fill the 5200-point gap. Today, that mission is finally accomplished. What's the next target? I stated that earlier too—if you don't know, it's because you weren't reading carefully. This ID has no obligation to repeat things.
After completing the gap-fill task today, oscillation ensued, and a perfect 1-minute hub was constructed in the process. In the final trading session, after the third segment of the 1-minute hub ended, the price was pulled back above 5151, confirming this oscillation hub's validity. Going forward, 5151 is a key level—as long as oscillation around it continues, there won't be major problems.
Current operations are very simple. For bigger-picture traders, you can continue watching whether the daily-chart stroke ends to decide when to sell. Those with quick hands can use this oscillation for stock rotation or short-term swings. Those who can't read the market—just keep watching the 5-day moving average.
From a prudent standpoint, oscillating at this level for a longer period, luring more people in, would be beneficial for going higher later. If it's too rushed, then it might abort quickly.
These next few days, I'll revisit each stock I've previously mentioned. Note, all stocks this ID discusses are from a long-term perspective. You need to fully understand this ID's theory to maximize effectiveness. Since this ID is now being well-behaved, operating in portfolio fashion rather than doing things like buying up 90% of a single stock's float, the portfolio contains quite a few stocks. Ordinary retail investors can view it as a stock pool approach—no need to hang yourself on one tree. If you can identify the rhythm of sector rotation well, the results will be optimal. Of course, if you don't have that skill, you might as well just hang on to stocks like 000999 and 600737.
600737 is obviously not just a pure agriculture stock. What bull sector it belongs to can't be said yet—saying it would cause problems. You'll know in due time, and when you know, you'll understand that 600737 at 8 yuan is practically cheaper than winter-stored Chinese cabbage.
000999 may be insanely bullish in the future. But right now, it can't be helped—whose fault is it that the share reform hasn't even been completed yet? Even if you don't believe this ID, you should trust the company that once sorted out Vanke.
600195: A monopolistic company with endless bullish news ahead. But there are quite a few boring people stuck inside, otherwise why would it be at its current price?
600779: The current price is absolutely a tragedy—blame it on certain people holding too much.
000915: Not many stocks have made new highs since 6100 points—why is this one among them? When this ID first mentioned it here, it was just over 3 yuan. If it could multiply 10x or more in the future, that wouldn't be too surprising.
600635: This ID mentioned it at 5 yuan before the ex-dividend, equivalent to just over 3 yuan now. This stock is obviously heading for 10x or more—just the PE concept alone is enough.
000938: This stock is obviously not just a PE story. Moreover, its overall gain hasn't been large—it'll get its revenge later. In China, if you can't even trust Tsinghua, who can you trust?
000822: There's a lot to say, but much of it can't be said—saying it would cause problems. The only thing that can be said: the first time it reached 18 yuan, those who should have loaded up didn't. The crash from 6100 points on the broader market—what destiny, what luck.
I'll cover 8 stocks per day. The rest of previously mentioned stocks will be covered over the next two days. Wait for it.
Signing off, goodbye.