Asia Pacific Stocks

Told you capitulation is never a good thing.

Don’t invest in salty wet men.

Mentioned last Nov that TCEHY appears to be completing an inverse H&S, here is the update. Currently, is trapped within 38.2%-50.0% retracement, it declined slightly below 61.8% to a 52-week low of $31.54, last Friday closed at $40.62. Yes, another stock that hit 61.8% retracement and re-bounced… not a co-incidence because of vastly different fundamentals, is human behavior, we are affected by macro factors and our biological makeup. Broke above 50-day SMA, breaking above 200-day SMA would be nice.

Closed below 38.2% Retracement. WeChat is so super that it single handedly stall iPhone :iphone: growth in China. Now with Siri added is like :tiger2: with wings. 1300 seem too few, so to add or not to add?

That was a major bottom. Can definitely add more… no brainer.

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Added 200, now owned 1500 shares and most importantly is Green :drum:. The mindless scaling in as share price decline finally bear fruits :apple: No need for sophisticated fundamental analysis and charting :secret:

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Almost there. Currently, above 38.2% retracement, expect minor retracement to $39-$41, buy some more :slight_smile: 1500 is also too few :thinking:

On a bigger chart for clarity.

New issue:

Would add if next week retraces to ~$42
Holding 1500 green :grinning:

http://www.atimes.com/article/hire-smart-people-as-stupidity-is-incurable-says-jack-ma/?utm_source=quora&utm_medium=referral

“I think stupidity is the biggest disease, worse than cancer,” he said. “Cancer is curable, stupidity is not.”

Meanwhile, those who always rant about inequity or harbor “negative energy” must be avoided, he said.

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In other words, no more complaints about sexism, racism, homophobia, etc. Go with the flow…

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Stating the obvious. Cancer is still worse. People can die of cancer, but they won’t die due to stupidity.

Stupidity is worse in the sense that it affects the people around it but cancer is not contagious. :smile:

Witness the Chinese saying “teammates dumb as pigs”. :smile:

China is still in the bare-knuckle stage of capitalism. It’s a very brutal dog-eat-dog world there.

豬狗同伴?奇蠢如豬?

Nope.

豬一般的隊友

Maybe it’s only a Hong Kong slang. :smile:

Is Manch profiling some1?

I think Jack meant fools :crazy_face:

Recalled I mentioned retrench all hardworking fools in peacetime and massacre :scream: them in wartime. Lazy fools can be employed as …, hardworking fools spread negative energy around :face_with_symbols_over_mouth: