Standing Firm at 5010 Points, the Rally Continues to Unfold.

2007/12/7 15:22:50

Strange — the article I just wrote and published has disappeared? Writing it again from scratch would be too exhausting, so let me just give a brief summary.

Today, standing firm at 5010 points, the rally naturally continued to unfold. Right now, you really just need to watch the daily chart, because a stroke must inevitably form on the daily level, and that stroke must inevitably end with a top fractal. In other words, before a daily top fractal appears, the rally won't end. Even if you're the most impatient person, at least wait for the daily fractal to appear before doing anything.

On the weekly chart, this week shows an inclusion relationship, so the key next week is whether a weekly bottom fractal forms.

Regarding the current broad-based rally in individual stocks — for the rally to develop significantly, there must be leading sectors. That's the crucial factor going forward.

It's the weekend — everyone go rest. This ID is also heading to the mountains to soak in hot springs. Too bad there hasn't been any snow in Beijing lately — I really miss those days of soaking in hot springs counting stars in the snow.

Signing off for now, goodbye.