58 days

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Right after I just talked about position management, it got a bit out of control today. After the morning meeting, when I checked the charts, I was already under water; the power sector second board was even getting upgraded, but the Yueneng position didn’t move. Later during the session the intraday trends were indeed a bit weak as well. At the close, increased volume selling pressure drove a further selloff, and I ended up adding to a heavy position. As for fiber optics, yesterday it looked like Yantong Te-Fa selected Yongding Optoelectronics, and its comeback-and-close period; today in the closing auction it still sold off a few more points. It’s like when it rains, it pours. Here I can’t help but think: does power-sector weakness lead into a seamless switch to healthcare? I bought Fuxiang and Yueneng the day before based on whether, when the broader market sells off, healthcare would perform better or power would. The result was that healthcare strengthened while power continued to retreat, and Fuxiang still went down the VC route without switching to healthcare. In the morning I even thought about liquidating everything in one click on Tashan, but it’s just too hard.