I quote some words from Last week's post below:
"Usually, this is not good for the bulls, especially when the Nasdaq market breaks down ~1990 again. "
"Currently, the market is in the stage of the UP, and I am expecting a DOWN wave to come once this UP wave is completed ! "
Now we are in the DOWN wave, as I expected after the DOWN and UP waves.
The first target of this DOWN wave is to hit the 50MA ....
based on your theory, there are two dimensions, time and price move. Yes, you predicted the down-up-down move, but that is only one dimension. with different time dimensions, what you predicted can be right or wrong. What is more important, without knowing the time dimension, even though we know the price dimension will be down-up-down wave, we still don't know how to trade since we don't know when is the pivot point.
ReplyDeletethx tiger for the posts. My 2 cents for the above coments, my understanding of tiger's theroy is: you also need to look at the trap zone vs. money making zones. So right now, we may be out of the trap zone and move into the $ making zone to the down side.
ReplyDeleteLooking forward Tiger's comments.
thanks a lot.
ReplyDelete庄家震仓其仅想甩掉不坚强的跟风盘，并不是要吓跑所有的人，(否则庄就要往买更多的筹码了。)其必须让一部分坚强者仍然看好此股，仍然跟随它，帮它锁定筹码。所以其在震仓时，某些要害价是不会跌穿的，这些价位往往是上次震仓的起始位置，这是由于上次己洗过盘的价位不需再洗，也即不让上次被震出往的人有空头回补的价差。这就使K线形状有非常明显的分层现象。
ReplyDelete而庄家出货则以力图卖出手中大量的股票为第一目的，所以要害位是不会守护的。导致K线价位失控，毫无层次可言，一味下跌。
1. "Rule No.1: Never lose money. Rule No.2: Never forget rule No.1"
ReplyDelete2. "In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond."
3. "The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable."
4. "Be fearful when others are greedy. Be greedy when others are fearful."
5. "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
6. "When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact."
7. “You only find out who is swimming naked when the tide goes out.”
8. "Risk comes from not knowing what you're doing."
9. "If I was running $1 million today, or $10 million for that matter, I'd be fully invested. Anyone who says that size does not hurt investment performance is selling. The highest rates of return I've ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But I was investing peanuts then. It's a huge structural advantage not to have a lot of money. I think I could make you 50% a year on $1 million. No, I know I could. I guarantee that."
10. "Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down."
11. "I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will."
12. "Price is what you pay. Value is what you get."
13. "I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."
14. "If a business does well, the stock eventually follows."
15. "Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it."
16. "Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well."
17. "The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball. They know that overstaying the festivities — that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future — will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands."
18. "Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks."
19. "Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results."
20. "Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid."
21. "I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out."
22. "We don’t get paid for activity, just for being right. As to how long we’ll wait, we’ll wait indefinitely."
23. "In the business world, the rearview mirror is always clearer than the windshield."
24. "The investor of today does not profit from yesterday's growth."
25. "Someone's sitting in the shade today because someone planted a tree a long time ago."
波浪理论的三大铁律？
ReplyDeleteTom Denham：1）浪2不可以回撤浪1的100%以上；2）在浪1、浪3和浪5中，浪3不能最短；3）浪4不能进入浪1的领地，即浪4与浪1不能重叠。