"Beware of Traps When Strength Fails to Materialize" — Finally Confirmed

2008/5/7 15:06:22

Before the holiday, it was emphasized: if the expected post-holiday strength fails to materialize, beware of traps. Then on Monday, another reminder was given. Therefore, today's market action was entirely within expectations. For the medium term, it's simple: still watch 3656 points — the dividing line between strength and weakness. If it can't hold, a secondary bottom test is not ruled out.

For now, one can treat operations as short-term swing trading around the new central axis near 3656 points.

Starting tomorrow, I may begin a round of chemotherapy to see its effect. There is an excellent specialized medicine here for dealing with chemo side effects, so it's worth trying — just 6 days. If there's no significant effect, a different approach will be adopted.

Therefore, there may not be posts for the next few days.

My apologies.