Charge Forward to the 5600 High Ground

2008/1/3 15:18:39

Hold 5209 neckline, and the next target is the 5500–5600 zone—this is an extremely simple technical matter. Since this 5-minute hub oscillation hasn't yet produced a third-type buy point, it would be imprecise to say the neckline breakout is 100% confirmed. But life isn't always precise—otherwise it would be too dull. So even without 100% certainty on things already confirmed, we can still shout: Charge forward to the 5600 high ground!

Trading stocks is essentially hustling people into charging headlong into traps—except you're the one doing the hustling, not the one getting hustled. Since 2008 is a year where early harvest means early bread, of course we need to hustle aggressively at the start of the year. Frankly, "Charge forward to the 5600 high ground"—voicing such a modest target is almost embarrassing, it's too low. But let's start the hustle with something small. People are timid these days; the poison must be administered slowly. Not like before, when you'd say the index would hit 10,000 within the year and someone would actually get upset with you—insisting 10,000 was too low, that 12,500 was more like it. Fifty 250s, ha.

If we're going to pump the index, then naturally it's time for the big boys to go wild. But one must clearly recognize their current nature of twitching twice then shaking ten times. Right now it's barely the first yang of recovery—it's not suitable for the big boys to be doing vigorous exercise.

As for other individual stocks, in the second half of last year the funds had their bull run, and private equity got completely pent up. This year they're definitely out for revenge. So for those that have been accumulated well, they'll certainly continue operating on rhythm. For those not yet accumulated, the friction speed gets cranked up. But the ones that still haven't been properly accumulated by now all have some issues—whatever, every time someone has to be the last one left holding the bag. Nothing more to say.

The big rhythm for individual stocks was stated yesterday. The watershed is the position corresponding to 6124. For mid-to-low-priced stocks, the 5/30 crash may mark another even higher benchmark. If these positions can't be effectively broken through around Chinese New Year, then the stock's prospects for the year are questionable. Of course, some cannon-fodder market makers are just that slow, but here we're talking about normal rhythm, not cannon fodder.

At those watershed positions, there will definitely be shakeouts. As for how they shake, that's a matter of technique. If you can see through it, that stock is essentially handing you money. Come here, and hopefully actually learn something. Otherwise, even if stocks were given to you for free, it'd be useless. For example, 600737—at 8 yuan it was clearly stated as a tuition gift, but probably very few could actually pocket the profit. Is that somehow this ID's fault?

Let me say it again: this ID is merely a sparring partner here. How much you can learn depends entirely on yourself.

Heading out now, goodbye.