Effortless Victory for the Bears

2007/10/18 15:39:47

This ID has said before: this ID has a certain fixation — 6100 points. Once surpassed, the fixation is resolved. If this wave of market action truly produces a top of tops, the best possible level would be 6124.04 points — better than 6144.44 or 6124.44. Of course, the bears have always been humble and never felt this top was necessarily complete. But in this game of charging at the top, the bears have seized every advantage. Now, having returned to the same area where intraday experimental plunges were tested previously, the bears have completely taken the initiative — up and down at will. Going up? At worst, just play this game one more time over the next few days. Going down? That's the bears' specialty — just waiting for policy to cooperate a bit.

The bears have always conducted their business openly and aboveboard. When announcing the short-selling, it was clearly stated: this time, let capital and technicals wait for policy coordination. And it was mentioned there was a fixation on 6100 points. Through six days of effort, this objective has been preliminarily achieved.

However, since the current chart pattern hasn't finished playing out, and the top structure is far from a breakdown, there will still be back-and-forth here. The key is policy coordination — if policy doesn't cooperate, no one will deliberately suppress at this level. Suppression can't hold anyway; instead, the move would be to charge upward — more bullish than the bulls themselves. Today, the bulls deserve severe contempt — they didn't even have the courage for a single intraday bounce. The bears had no choice but to let poor 600737 have its moment of excitement. The fiercest intraday rebound was actually led by poor little 737 — such a frail body became the seventh-largest contributor to the index today. Bulls, your name is weakness — I despise you.

These past two days, India has already raised its big stick. Can China's big stick be far behind?

Technically, the market couldn't even form a single 5-minute hub above before collapsing. So now the question is whether the 1-minute hub around the 5800-point area can hold. If not, it will keep stepping down. Once it effectively breaks below 5600 points, it means the bulls are completely finished. So over the next few days, let's wait for the bulls' counterattack. Hopefully the bulls can mount an effective counterattack — otherwise, the bears winning this easily would be too unchallenging. The bears' arsenal still contains N to the power of N factorial multiplied by another N to the power of N factorial of weapons. Don't tell me the bulls can't handle even the first type deployed.

The bears' current strategy can be fully disclosed: buy first and sell later during oscillations, grab every bounce, then dump it out, creating infinite selling pressure and directing a tragedy of bulls slaughtering bulls.

Note: retail investors should definitely not try to catch small-level bounces. Without the technique, just keep watching — this has nothing to do with you.

This ID has already thought it through: if this short trade fails, apart from launching a low-price revolution, I'll just go heavy into PE and create countless stocks for the bulls. I hear India has over 7,000 stocks. China doesn't even have 2,000 yet. Looks like there's too much work for the bears to do.

Busy. Heading off now. Goodbye.