Is the pain over?

THEWIZARD : Nobody can even predict, with absolute certainty, what happens in the market tomorrow or the next week .
Funny that you even bother to look at a quarterly chart, filled with all sorts of lines and indicators, trying to guess the market with nothing more than the pure figment of your own imaginations.

If you want a very realistic short answer, the HSI will be higher than today, sometime between now and Year 2050, unless WW3 breaks out or an asteroid the size of Australia hits Earth or ocean levels rise by more than 2 meters and temperature rise by more than 4 degree Celsius or some Western economy buried themselves into way too much debt, that it becomes impossible to salvage and nobody believes or trust in their gung-ho rhetoric anymore.

THEWIZARD : Markets only move in 3 directions:
1) Up
2) Down
3) Sideway

So, why need so many meaningless lines that DOES NOT with any certainty, correctly predict the future, to deceive yourself that you have a magic sacred crystal ball from the future?

MonkeyGeeOP THEWIZARD: okay, I'm glad you feel that way.

MonkeyGeeOP THEWIZARD: if you know anything, there are only two sets of lines. but I guess you know that.

THEWIZARD MonkeyGeeOP: Yes. The ultimate bottom lines that I look at are:

1) Profit
OR
2) Loss



Have a great weekend.

MonkeyGeeOP THEWIZARD: I don't disagree with you that all the China stocks are ridiculous undervalued. But unfortunately, everything is worth what people are willing to pay for it. just like used car going for ridiculous prices right now. Is it worth it? Absolutely not, but people are paying. I hope it will move soon.