Bulls, No Guts, What's the Point!

2007/10/19 15:33:22

Yesterday, this ID heard a truly disgusting joke in the evening — nothing to do with stocks or economics, just about an apple, even more absurd than the Emperor's New Clothes. So when this ID came back, I said: today, let the bulls put on their show. This ID wants to think over some things and won't trade. And weren't the bulls claiming all the glory for charging up to 6100 points? Today, with rumor denials and positive news flying everywhere, how come you can't charge up, can't get anything going, can't even set off a sparkler? Bulls, what exactly can you get up?

Having a lot of heads is useless; what matters is having guts. Bulls, no guts, what's the point.

Technically, yesterday it was made very clear: it's all about the 1-minute consolidation around 5800 points. Once this consolidation forms, the question becomes its third buy/sell point.

Today, this ID has been pondering a question: if an apple is rotten from the core, is it worth wasting time on? This ID still hasn't figured it out. After all, trying to save a core-rotten apple means putting yourself over a fire to roast. This ID is by nature lazy and carefree — right now, I want for nothing, can share wine with friends daily under the breeze and moonlight. I really don't want to waste time on a rotten apple. But then again, who made this ID love this apple so deeply?

I'll say no more — saying too much is pointless. For this ID personally, it is indeed an agonizing choice. Choosing the apple may mean sacrificing the ease of the rest of my life, including everything I currently possess.

Note: after this ID declared going short, I will not let anyone buy any stock. If this ID writes a poem and people try to connect it to stocks, then this ID may consider not talking about stocks anymore. Stocks — what do they even mean to this ID? If stocks weren't related to the apple, this ID wouldn't even glance at them.

Let me declare openly: the reason the bears must at some point become even more bullish than the bulls is precisely to push certain decision-makers into making their decisions — to demonstrate all the risks first. Let me be very explicit: if even this cannot change anything, then an even larger-scale act of being more bullish than the bulls will be staged, and at that point, what's being shorted won't be stocks themselves.

Think about Japan's and Taiwan's corresponding trends — aren't they enough to push some decisions to be decided?

Next week is a critical week. If news doesn't cooperate, the behavior of being more bullish than the bulls will appear again, but this has nothing to do with retail investors.

This ID can state very clearly: if futures come out and the main forces go to war, even if the index goes above 10,000 points, retail investors won't have any part in it. Of those who can make money, no more than 20% will profit — and that's compared to the day at 6100 points. Think about your own technical skills — do you have what it takes? If you can't even ride the rhythm of these past few days, then even larger-amplitude consolidation ahead will be an even bigger meat grinder.

Don't think only rallies and drops can kill people. After futures arrive, large-amplitude consolidation will certainly kill two of every three parties, and regardless of whether the bulls or bears win, the vast majority of retail investors will certainly die. It's that simple.

Alright, no matter who dies, this weekend, let stocks go to hell.

Rest well. Signing off. See you.