1. Maybe I am stupid. I studied the wave theory as early as eight years ago, but I got nothing, like falling into a fog. Later, I saw the tragic portrayal of Eliot, the founder of wave theory, in his later years, only to know that wave theory was completely nonsense, and even Eliot himself had to admit that the wave theory in his later years had great defects.

As an old stockholder who has been in the stock market for more than ten years, I want to remind you that any technical analysis is a poppy that looks extremely beautiful and moving. Many investors are reluctant to part with this poppy, just like drug addicts, but the final outcome is likely to be sad. Investment guru Peter Lynch shouted this slogan decades ago: Never trust any technical analysis! It is worth pondering.