It has been nearly two years since my father passed away. During these two years, I got married and had a child, which could be considered as fulfilling his greatest wish before he passed.
In the final days of my father's life, he lived in confusion. About one and a half years before he passed away, we once admitted him to what was reputedly the best traditional Chinese medicine hospital. Before entering the hospital, although he was old and needed a wheelchair to help him move around, he could still communicate with others like a normal person. However, during his hospital stay, whether it was due to a wrong medication or other reasons, there were no prior signs but he suddenly became confused. Subsequently, he spent the rest of his life in this state.
During this period, my father had several instances where he suddenly regained clarity. The first time was six months before he passed away, the second time was three months before, and the third time was one month before. The first time, he seemed to be sleepwalking, muttering to himself that he saw his parents, namely my grandparents, and many acquaintances from his hometown, which made me feel eerie at the time. The second time was better, as he could discuss daily matters with my mother, though sometimes he would babble incoherently. The third time lasted for a longer duration, from National Day that year until mid-October. During that time, his condition seemed to be improving; during the National Day holiday, he even joked with us. Then he paused, and in mid-October, he suddenly woke up again. This time, his mind was exceptionally clear, no different from before he became senile. He voluntarily discussed many things with us, talking non-stop, and resumed his former eloquent self. Once, he even stood by the dining table, swaying his hips happily, saying: "My illness is almost gone, I need to exercise more!" His posture was just like a little Shinchan! At that time, my mother and I really thought his condition had improved. The previous two times I was extremely nervous, thinking it was a last flicker of consciousness; this time I let down my guard. Yet, it turned out to be exactly that! My father was fully conscious for two whole days, not sleeping much at night, and chatting continuously with my mother. My mother, seeing how excited he was, worried that he couldn't handle it, so on the second night, she gave him sleeping pills. He indeed stopped being excited, but from then on, he barely spoke again. However, his mind seemed relatively clear, and when his eyes looked at people, it was evident that he had thoughts. Less than half a month later, after returning home from a lunch gathering outside, my father suddenly passed away right at the doorstep.
This week, influenced by the global stock market crash, the stock index (referring to a specific stock or market) hit a new low again on Friday (September 23), precisely falling to 2400 points. In my previous article, I pointed out: "Regarding the secondary bottom test since August 9 at 2437 points, I have repeatedly emphasized that the subsequent 'foot' can be slightly higher or lower than the previous 'foot' at 2437 points. I tend towards slightly higher, but in reality, it turned out to be slightly lower. However, this does not change the essence of the secondary bottom test. Only investors suffering from virginity complex will quibble over whether it is slightly higher or lower." This statement still applies. Considering that the European and American stock markets also completed their 'secondary bottom test' successfully on Friday, it is hard to believe how precisely the 2400-point level coincides with the 'Autumn Equinox' seasonal division, making it most likely the 'second foot' of the secondary bottom test.
According to a survey conducted this week by Financial Management Weekly (with 6694 participants responding) on the question "At what level do you think the market will bottom out?", the results showed that 4% chose 2400 points, 28% chose 2300 points, 26% chose 2200 points, 10% chose 2000 points, and 32% chose below 2000 points. This means only 4% of people agree that the bottom has already been reached, while the remaining 96% continue to hold bearish views. Additionally, according to statistics from China Securities Depository and Clearing Corporation, as high as 60% of accounts were empty at the beginning of August. After nearly two months of turmoil (the term 'turmoil' is used because, in fact, the decline from September 23 to August 9 was a negligible 1.52%), the proportion of empty accounts is believed to be even higher. What does this indicate? Everyone must make their own judgment.
Regarding the future wave of the market trend, I have previously discussed multiple times that it represents the last segment of the major B-wave rally, with the most practical target being 3600 points, meaning an increase of about 50%. This rally could last until February to April next year, possibly even May, with April and May being the most probable. As for the higher target of 3900 points, I believe the chances of achieving it are small. Fundamentally speaking, this wave of the market is akin to a last flicker of consciousness. Just as when my father experienced his last flicker of consciousness, I mistakenly relaxed my guard, thinking he would recover, similarly, this wave of the market will provide a concentrated release and relaxation for all tightened nerves. It will inevitably present a scene of "sweeping away all the bears," leading people to mistakenly believe that a bull market has arrived, only to fall together with a global political and economic collapse into an abyss.
Note: This article will be published in the Investment Express on September 26, 2011.
http://www.lovojf.com/beyond
www.binglong.net Related theme articles: Boyang Home Textiles Since the vast majority of schools are not legitimate insurance agencies Boyang Home Textiles Flagship Store Spierig Brothers Boyang Home Textiles According to the Global Wind Energy Association