Detailed Analysis of "The Analects": For All Who Have Misinterpreted Confucius (56)
2007/3/12 15:19:30
The Master said: Walking alongside ruler, father, and teacher, if there is herein something worth emulating: select what is good and make it extensive; what is not good, reform it.
Yang Bojun: Confucius said: "When a few people walk together, among them there will certainly be someone I can learn from: I select their merits to study, and upon seeing their faults, I correct my own."
Qian Mu: The Master said: "When three people walk together, among them there is certainly my teacher. Choose the good and follow it; see the bad and correct it."
Li Zehou: Confucius said: "When three people walk together, there will certainly be one worth learning from as my teacher. Select the good points to learn from, and upon seeing shortcomings, correct oneself."
Detailed Explanation: What does "three people" mean? Why not five or ten? What about two? These questions have probably never been properly answered or confronted. In fact, the so-called "three people" refers to "ruler, father, and teacher" — the three types of people most worthy of respect. "三人行" means walking alongside "ruler, father, and teacher." People should aim for the highest standards. If you're walking with several notorious scoundrels, can you really say "there will certainly be one I can learn from as my teacher"? That would be walking in the same nature, not walking together. If, following the above and conventional interpretations, the three people are all in vegetative states, and you're walking with three vegetative-state people, how could there "certainly be one to serve as my teacher"? People in vegetative states are still people — so how would you follow "the good among them"? And how would you "correct the not good"? This isn't being argumentative — the original interpretations are simply too absurdly laughable.
"必有我师焉": "必" (bì), if/supposing; "有" (yǒu), to possess; "师" (shī), to take as a model/emulate; "焉" (yān), herein. Confucius places more emphasis on verification in the present reality, and regarding "ruler, father, and teacher," he does not blindly affirm that they necessarily have something worth emulating. Rather, he emphasizes more strongly that without other standards, one cannot confirm what is good and what is not good. This standard can only be the present reality. "Ruler, father, and teacher" — whatever theories or views they may hold, none can detach from the present reality to become eternal principles. Only thus does the possibility of "selecting" in the subsequent phrase exist.
Walking alongside "ruler, father, and teacher," if there is something worth emulating, Confucius offers the following advice: "择其善者而从之，其不善者而改之." "择" (zé), to select — selecting based on the standard of present reality, not based on one's own preferences, lineage, or faction; "善" (shàn), to perfect/complete; "从" (cóng), through to "纵" (zòng), extensive/broad; "从之" means "to make it extensive" — applying and testing what is perfected across a broader range of present reality; "改之" means "to make it reformed" — continuously modifying and perfecting what is imperfect in present reality. "改," besides meaning to modify, also emphasizes "anew, again" — this modification is not a one-time affair but an ongoing process until perfection is achieved.
The previous two chapters discussed the significance of "love of learning" for inner sageness and outer kingliness. This chapter further points out that, standing on the standard of "love of learning," toward the legacy of predecessors represented by "ruler, father, and teacher," the proper attitude should be "select what is good and make it extensive; select what is not good and continuously reform it." Detached from this premise, so-called "emulating the teacher" is merely "emulating the corpse." And Confucius and The Analects live forever in the vivid reality of the present.
Chán Zhōng Shuō Chán's Vernacular Translation
子曰：三人行，必有我师焉：择其善者而从之，其不善者而改之。
Confucius said: Walking alongside "ruler, father, and teacher," if there is something worth emulating herein: select what is perfected about them and apply and test it across a broader range of present reality; select what is imperfect about them and continuously modify and perfect it in present reality.
(To be continued)
Strict prohibition on plagiarism — violators will be prosecuted
Replies
缠中说禅 2007/3/12 15:37:30
[Anonymous] 草草
2007-03-12 15:31:13
Teacher: I used your method to study the weekly third buy point, then added a volume breakout criterion, and found it works very well. Thank you teacher. Today's average return was 8%. It's my strongest day this year.
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Please keep up the effort — this is just the beginning. Also, knowing how to buy is not enough — you must also know how to sell. Only then can you gradually develop an operational rhythm. Slowly you'll develop a feel for it.
缠中说禅 2007/3/12 15:41:01
[Anonymous] 摄影之友
2007-03-12 15:34:56
Blogger:
Yesterday watching CCTV-2, Spring Warmth 2007, major companies donating for migrant workers' elementary schools....
Among the companies was Mr. Li from 601111 Air China... Heh... How come I feel a sense of familiarity when I see him... Could it be because you've mentioned him before?
I've bought Air China twice, and it never let me down. Only I didn't understand at the time and sold too early.
:) :) :)
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A friend of mine's father was his old superior, so I know this person fairly well. That's why when Air China fell below its issue price, I was so certain it would have a story — I never asked him; I just know his character.
缠中说禅 2007/3/12 15:42:41
[Anonymous] 中间体
2007-03-12 15:36:48
"Today is the extension process of the 30-minute hub completed last Friday. As long as the 5-minute pullback test doesn't break below the hub's upper edge at 2911"
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Where is 2911? Please point it out sis.
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March 7. This 30-minute hub is not as common as the one below — it's a running type.
缠中说禅 2007/3/12 15:47:53
[Anonymous] 戈石
2007-03-12 15:38:11
Hello Your Majesty!
What big things have you been busy with recently? Very curious — can you share a bit?
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First master the technical skills — that's the real big thing.
缠中说禅 2007/3/12 15:49:54
[Anonymous] mmhh
2007-03-12 15:45:27
Hello Miss Chan!
Using your theory, I made 10% on 0735 today. Absolutely thrilled! Thank you Miss Chan.
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The key is being able to maintain this long-term, continuously summarizing and improving.
缠中说禅 2007/3/12 15:52:31
[Anonymous] 中间体
2007-03-12 15:45:36
Sis, why are we still using the hub at 2911 to make judgments?
Rather than the nearest hub?
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Coming up from the bottom, there were two hubs — one below 2858 and one below 2911 — forming a 30-minute level uptrend. The current question is whether this uptrend continues, or ultimately evolves into an a'+B type.
缠中说禅 2007/3/12 15:53:44
[Anonymous] 小小
2007-03-12 15:50:43
Thank you for your hard work, sis!
I've been reading your Analects analyses, and only now do I realize how completely unrecognizable the scholars' interpretations have been — truly frightening!
Sis, throughout history, apart from you, has anyone provided slightly better interpretations?
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Kang Youwei's seems somewhat different from his predecessors, but this ID's interpretation has nothing in common with his.
缠中说禅 2007/3/12 15:57:02
[Anonymous] 满目山河
2007-03-12 15:40:43
What is the media platform led by Miss Chan? I'm more interested in this than in stocks.
If it's not convenient to say, no need to answer :)
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It should emerge soon. As for what exactly it is, there's no need to say. In any case, all guns and cannons are aimed at the traitors.
缠中说禅 2007/3/12 16:00:18
[Anonymous] 花儿
2007-03-12 15:42:47
I propose the teacher commend classmate "大盘" (Market Overview)!
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Three big red flowers awarded. I hope everyone can help each other. This ID is sometimes too busy, and one person can't possibly handle everyone's questions.
缠中说禅 2007/3/12 16:09:20
[Anonymous] 风云
2007-03-12 15:39:49
Hello blogger,
May I ask: if an upward trend has a downward gap due to an ex-dividend event on a certain day, and then a hub forms — should the first segment of this hub be counted from the gap? Should the gap be treated as the first segment?
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Gaps aren't anything special. You can treat the ex-dividend gap as the lowest-level decline. The formation of a new hub follows the same treatment as when a new hub forms during a regular decline. Then everything is viewed according to the hub definition. Some gaps are not far below the original hub — in such cases, you can still operate based on the third-type sell point, especially useful for catching those fake ex-dividend fill rallies designed to lure people in — they're immediately detectable.
缠中说禅 2007/3/12 16:13:34
[Anonymous] smallfish
2007-03-12 16:00:52
Sister Chan, after studying the technique for so long, I find my mindset still isn't right. Recent buying and selling has been poor. May I ask about 002040 and 600196 — can I look for a buy point to enter tomorrow and hold medium-term? I want to take a break and adjust my mindset.
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Note: any single mistake must be summarized immediately — you can't wait until there are consecutive mistakes before adjusting. If consecutive mistakes truly occur, then your method has serious problems and must be improved. Think it through carefully before operating again.
Method problems boil down to a few types: participating in operations at too small a level, not operating at buy/sell points, changing reference frames too frequently, lack of familiarity with chart patterns, having blind spots, blindly following tips, etc. First identify the problem — what exactly is the issue?
Note: the cause of mistakes is never related to the market. When looking for causes, you can only look at yourself.
缠中说禅 2007/3/12 16:28:30
[Anonymous] Hindsight
2007-03-12 16:07:16
Strong appeal:
Master Chan:
Recently I've been somewhat confused, and even things I learned before have become uncertain.
I hope you can spend a little time walking us through the recent price action from 5-minute to 30-minute — where hubs formed, how they went up, how they consolidated. And how to judge what comes next.
What I've learned seems to be regressing. I hope Master Chan can give one clear explanation.
Many classmates in the group feel the same way.
Thanks!
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I talk about this every day. Like on March 8, the third-type buy point formed at 2871, then it went up and eventually expanded into a 30-minute hub. That day I even came online at noon specifically to post, telling everyone the new hub should be counted from 2911 on March 7. Note: this ID's words are always targeted to the present moment — only real-time pointing-out has the best learning effect. Looking back now, it becomes dry theoretical analysis again. In the present moment, your entire body and mind are engaged — this kind of understanding is beneficial for developing intuition.
No price action can escape this ID's theory. The market's daily action is a free, most vivid tutorial. You must be able to answer at any time: what is the market doing right now? For example, today was all about oscillation above the 2911 hub. The morning's plunge looked scary but stopped near 2911, proving the upward momentum is still strong. However, since it didn't close above 2911, it can't yet be counted as a third-type buy point. Then there was another 5-minute upward move. Tomorrow, as long as any 5-minute pullback doesn't break below 2911, a new third-type buy point forms. But that doesn't necessarily mean continued upward movement — especially after the second hub, the possibility of evolving into a larger-level hub, meaning a daily hub, exists. None of this requires prediction — just observe in the present moment.
缠中说禅 2007/3/12 16:29:43
[Anonymous] 袖手旁观
2007-03-12 16:28:13
Chán Zhōng Shuō Chán
2007-03-12 16:16:06
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Right, the second 30-minute hub is from 2871 to 2911. The recent upward price action is like a standard textbook — study carefully the issues of hub expansion, extension, etc.
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Why is the low point 2871? I've been counting it as 2892.
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Sorry, I wrote it wrong — it's 2892.
缠中说禅 2007/3/12 16:31:55
To avoid misunderstanding, I'll remove the original and repost. I previously wrote the hub's ending position incorrectly.
[Anonymous] 酒吧心情
2007-03-12 16:12:33
Regarding the running type, let me try to share my own understanding.
It's about continuously extending the hub... then once there's a breakout above the hub, followed by a pullback that doesn't break the highest point ZG, that indicates a third buy point. For the broader market, that means an upward attack.
The key now is judging ZG. Looking at 2911, it should be calculated from the highest point of the first segment.
I wonder what JJ thinks.
Please enlighten us, JJ.
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Right, the second 30-minute hub is from 2892 to 2911. The recent upward price action is like a standard textbook — study carefully the issues of hub expansion, extension, etc.
缠中说禅 2007/3/12 16:33:45
Leisurely
2007-03-12 16:26:39
Is what I discarded the running type with an upward breakout that you mentioned?
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Running type upward means the second segment is particularly high, and the third falls just slightly below the first segment's high — that kind.
缠中说禅 2007/3/12 16:35:32
Everyone please note: since I answer many questions, occasional errors are perfectly normal, especially numerical errors. If you spot any, please point them out so they don't affect your judgment. In any case, everything should be based on the definitions this ID has given.
缠中说禅 2007/3/12 16:36:50
[Anonymous] 小小
2007-03-12 16:07:20
[Anonymous] 小小
2007-03-12 15:50:43
Thank you for your hard work, sis!
I've been reading your Analects analyses, and only now do I realize how completely unrecognizable the scholars' interpretations have been — truly frightening!
Sis, throughout history, apart from you, has anyone provided slightly better interpretations?
==
Kang Youwei's seems somewhat different from his predecessors, but this ID's interpretation has nothing in common with his.
==
Then when will your Analects be published, sis? If not anytime soon, I'll have to obediently print it out to study myself. I especially want to recommend it to my college-age daughter to study together!
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Next year, perhaps — I can't finish writing it today.
缠中说禅 2007/3/12 16:38:17
This ID's Analects interpretation contains some humorous passages that are not suitable for people under 20, so when sharing with those under 20, it's best to appropriately remove the non-essential parts.
缠中说禅 2007/3/12 16:40:02
Almost 5 o'clock, must go now. Goodbye.
缠中说禅 2007/3/12 15:20:28
There's nothing much to say about today's market. Today is the extension process of the 30-minute hub completed last Friday. As long as the 5-minute pullback test doesn't break below the hub's upper edge at 2911, a third-type buy point will form. As for whether what follows becomes hub regeneration continuing the uptrend, or hub expansion into the daily level, it will naturally play out — no prediction needed. For those who still can't read charts, just watch the 5-day moving average — as long as the 5-day line holds, the trend is strong and there's no problem.
There's nothing much to say about individual stocks either. The sectors mentioned before are all fine. The current key issue is psychological — there's some psychological resistance around 3000, which needs gradual repair. The traitors also intend to exploit the end of the Two Sessions, taking advantage of people's general "quit while ahead" mentality to launch an attack, so the struggle on this front will continue. Shenzhen, being closer to the outside, is more affected and therefore weaker. If Shenzhen regains strength, things will be simple. The traitors' short-selling is only to buy back later. No institution with real power in the world today dares to say they'll completely abandon the Chinese market — not for five years, not even two years. So tell me, how big a wave can the traitors really make? They might not even get face from a weekly-level hub.