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[風流Club_天地創造] 제2강 내게딱맞는도구를 지배하는자가 승리한다 — Transcript

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0:07Now, it is a pleasure to meet you. I am
0:08President Seong Myeong-seok Su of*Stock
0:10Cheonji Changdo*, presenting this
0:12special broadcast for the 7th
0:13anniversary of Delhi TV, "Making the
0:15World Right and Warm." Now, this is our
0:18second session today. I also monitored
0:21the first session. Oh, really? I
0:23watched it too, and I agree. The
0:26introduction was indeed a bit long. Yes
0:28. But, regarding this program, *Stock
0:32Cheonji Changdo*, that I will be
0:34sharing with you all, it isn't going to
0:37end after just five or six episodes. I
0:40have prepared enough material to span a
0:42long period—at most two years, or at
0:44least one year. Yes. That is why there
0:48is some talk about the first session.
0:50Someone left a comment saying the
0:51interval between sessions was a bit
0:53long. Yes. That is correct. They even
0:55used the expression that I brought in a
0:56quack doctor. What is a quack doctor? A
0:57medicine seller. Thank you. Uh, that
1:00was a preview. So, I told the PD and
1:04the staff that I would be preparing a
1:08new broadcast that breaks existing
1:11common sense. I wanted to emphasize,
1:16from a current affairs perspective,
1:19that you haven't been trading stocks
1:21for 10, 20, 3, or 5 years; rather, you
1:24have been following along. I wanted to
1:28focus on this point and make it clear
1:31to you all, which is why it was a bit
1:33long. I mentioned it in advance, but I
1:36do wonder if our viewers might find it
1:38a little boring. So, starting today,
1:40the intermission won't be long. It will
1:42be at most about 10 to 15 minutes, as
1:43there is something that absolutely
1:44needs to be covered. Of course, since
1:47it is directly related to my lecture, I
1:49will make sure to do that for you.
1:51Right. Oh, come on, posting comments
1:54like that shows you're interested,
1:56doesn't it? It's because you love me.
1:59It shows you're interested. Well, when
2:01a married couple fights...they fight
2:03out of interest. It's like saying, "You
2:05have your way, and I have mine; we have
2:06our own separate paths to follow. Don't
2:07push me away and cry; leave with a
2:09smile." Right? This is Park Il-ram's
2:11arrival. Now, shall we talk for a
2:13moment? Every week, about ten movies
2:18flood the theaters. So, how do they
2:22handle that? Right? Uh, everyone, the
2:26movie "The Order" that was released
2:27recently was quite a sensation, wasn't
2:29it? Just like that, with ten movies
2:33pouring out, from the perspective of
2:35the production companies, you must have
2:38thought, "We need to let the audience
2:41and the public know about this movie.
2:45We need to make it memorable." So,
2:48there are roughly three of the best
2:51ways to make people remember. One such
2:54method is called the "Miracle of Three
2:56Beats." This time, I have prepared a
2:59screen over here. Actually, I didn't
3:01prepare one before. So, I’ve prepared
3:04the screen here and done it this way.
3:06Shall we take a look? If you look over
3:08here, it says "The Miracle of the Three
3:09Beats." The Miracle of the Three Beats.
3:11Look closely. Yes. Oh, I actually
3:14prepared this specifically for this
3:16lecture. To ensure the success of a
3:19movie, the effort put into it is, first
3:20, extensive advertising. Where is that?
3:23The most representative example is
3:24portal sites. If you look at portal
3:26sites like Naver or Daum, they
3:28advertise a lot. On the main screen,
3:30right? Right? At the top, I understand
3:33that exposure is quite expensive,
3:34though I don't know the exact price.
3:36Next, there is a lot of media exposure.
3:38If they say things like, "This movie is
3:40likely to break the box office record
3:42in a short period," then even people
3:43who don't usually watch movies—I felt
3:45the same way—they receive a lot of
3:46attention. Ah, that's right. This kind
3:48of media exposure is the most important
3:49thing. Then, the third thing is...
3:52actors who hadn't appeared at all
3:53before—Jung Woo-sung and Kim Tae—
3:55anyway, Jung Woo-sung and Kim Tae—
3:56make a cameo appearance in the movie.
3:59You know how they appear on variety
4:00shows, smashing buckets, getting
4:02drenched in water, and things like that
4:04? Right? Then the viewers think, "Wow,
4:07the Jung Woo-sung I saw, the Kim Tae I
4:09saw...oh my, he's so down-to-earth.
4:12He's not much different from us." But
4:15what do they say at the end? Right.
4:19They promote the movie a little, saying
4:21, "We're releasing a new movie this
4:23time, so please give it lots of love."
4:26So, if this happens, most of the movies
4:29succeed. However, I think this way:
4:32what happens to the remaining nine
4:34films? They all go through the "three
4:35hardships." It's the opposite. These
4:37people go through the three hardships.
4:38How do they go through them? First,
4:39advertising costs are incredibly
4:41exhausting. They just waste money on
4:43useless advertisements. Now, second,
4:44they are exposed negatively by the
4:46media. As for what the media says...
4:48here, they might describe them as
4:50something amazing, but here, what they
4:52actually say is...After watching this
4:53movie, you might write an article
4:55saying, "Oh, as it goes towards the end
4:57, the interest drops." Right? Why is
5:00that? There are certainly people like
5:01that. But Jai Delhi doesn't do that.
5:03And at the end, regarding the actors,
5:05they speak ill of them. They say, "Hey,
5:08two years ago, this actor supposedly
5:09evaded taxes.""Yeah, right." And
5:11looking at the eighth episode of this
5:12series, they say, "Before that, he got
5:14caught selling drugs on charges, so it
5:15looks like he had some trouble." Right?
5:17Oh, really? He got involved in the drug
5:19business. Now, that is how it goes.
5:21This is the most important point right
5:23now. So, what I really want to say is
5:25this: I want to promote this program.
5:28Yes. We held a preview screening of our
5:30own because we wanted to get going.
5:32Starting today, it will proceed in an
5:33entertaining way, so it will get more
5:34interesting as the episodes progress.
5:36That is why I made sure to tell our PD,
5:38our team leader, and the TV staff at
5:41Jai Delhi. What I really want to tell
5:42you is that I'd like you to do a lot of
5:44advertising for me as well. Next,
5:45regarding the media...there is the Ewha
5:47Womans University newspaper. It gets a
5:48lot of media coverage. Also, I need to
5:50appear on some programs, like variety
5:52shows, but since I work on Economic TV,
5:54there aren't any variety shows. But
5:57looking closely at Deli TV recently...
5:58wow, there's something surprising. I
6:01saw "Park Joon-young's Retirement
6:02Account," and when I watched that
6:04program, wow, the ratings are amazing,
6:06right? Yes. You know he's a former
6:08comedian, right? It's hosted by Park
6:09Jung. But when I looked next to him, I
6:11saw our reporter, Sung Sun-hwa,
6:13co-hosting with me. We co-host. So, I
6:15tell myself, "If Mr. Park Joon-young is
6:18having a hard time, just tell me, and I
6:20can do it." Seong Myeong-seok and Sung
6:22Sun-hwa's two retirement accounts...
6:24it's fine. That's how we can host. Yes,
6:27I don't receive any appearance fees.
6:29Thank you. Okay, that was a joke. Ah,
6:32let's just briefly touch on this topic
6:33today. Let's move on to the next screen
6:35. Actually, this is something we
6:36absolutely need to address. The reason
6:39is that I briefly mentioned this last
6:41time. There are 5.8 million
6:44self-employed people in our country.
6:48However, the important point here is
6:50not the number of self-employed people;
6:56rather, as I explained last time,
6:58according to statistics from three
7:00years ago, there are 5 million
7:02individual investors in South Korea. I
7:06recalled that the number of stock
7:08trading accounts was 13 million, but
7:10when 2014 arrived, the number of
7:13accounts exceeded a whopping 20 million
7:15. 20 million. So, the stock market
7:19isn't doing particularly well right now
7:21, yet the number of accounts is 20
7:23million. What does that mean? You can
7:26understand it by looking at this. Now,
7:28let's look at the self-employed. There
7:30are 5.8 million. But look closely. What
7:33is wrong here is that we need to
7:35address three points. Okay, let's look
7:37at it in terms of years. 1997 and 1998
7:39were the years of the IMF crisis that
7:42you all know. You know the IMF crisis,
7:44right? And then there was the 2008
7:46financial crisis. Now it is 2014. When
7:52you invest in stocks, you first need to
7:53look back. To see the previous low and
7:58high, you need to look at 2008 and
8:002007. Those would be the previous low
8:02and high. So, if you climb to the
8:06summit from the peak of 2007 and look
8:08to the other side, to remember what
8:10happened in the village just beyond the
8:12mountain, you need to look at 1997 and
8:151998. However, there are two peculiar
8:17points. What happened? Listen carefully
8:20. In 1998, we went through the foreign
8:23exchange crisis. As a result, many
8:25people ended up on the streets, and
8:27major corporations all collapsed one
8:29after another. So, what happened? Many
8:32homeless people emerged. Even now, on
8:35my way to the broadcasting station
8:37today—and on my way back after
8:39finishing my broadcast last time—I
8:41saw that they were still sleeping. They
8:43still haven't been reinstated. But back
8:45then, what many people opened was a
8:48chicken shop. Back then, anyone could
8:52open a chicken shop. It didn't require
8:54a lot of money. In today's money, you
8:56could open one for about 30 to 40
8:57million won. How much would the deposit
8:59be? It was something like 10 to 20
9:00million won and a little more. So, my
9:02family, my wife, would fry the chicken
9:04at home, and I just did the deliveries.
9:07That is why they didn't put many tables
9:09there, you know. Right. But then, in
9:132008, something surprising happened.
9:16When the US sublime weapons scandal
9:18exploded in 2008, our government said
9:20that our country had no problems. Why?
9:24The reason is precisely because there
9:25are large foreign exchange reserves. He
9:28[referring to] foreign exchange
9:30reserves and the financial crisis that
9:32occurred in the US in 2008—not that
9:34IMF crisis, but the financial crisis—
9:36had completely different aspects.
9:39However, at that time, a massive number
9:41of people lost their jobs. You all lost
9:43your jobs, but the important thing is
9:45what is different from 1998. Those
9:47unemployed people didn't just leave;
9:51they were offered "honorable retirement
9:53" from their companies. So, they were
9:55given anywhere from 150 million to 200
9:57million won each. So they left. Do you
9:59know what those people did? Well,
10:01self-employment. We call middle-class
10:03jobs self-employment. But those people
10:06...can you try to remember? There are a
10:08huge number of convenience stores,
10:09right? Then there are bakeries, aren't
10:11there? Tous Les Jours. Like Paris
10:14Baguette. Right? I can't even begin to
10:16describe them. Then there are coffee
10:18shops. Start, right? And then there are
10:22Angel Lee Coffee, coffee specialty
10:24shops. Where has the Miss I used to
10:26like, the one who used to carry around
10:27an Obong (traditional Korean tray) gone
10:28? That's right. Those bustling ladies
10:30have all disappeared, and now there are
10:32countless restaurants. They are all
10:33chain stores and franchises. So, the
10:36kind of udon or kimchi stew shops
10:37passed down through three generations
10:39that we imagine—those don't exist
10:41anymore, do they? They are gone, and if
10:44you go out onto the street now, it's
10:46incredible. But here is the problem.
10:47Listen carefully. If I were to open a
10:52place or a coffee shop right now, the
10:55initial cost would be at least 500
10:57million won. Look closely. This is
11:02different from the fried chicken shops
11:04of 1998. You have to open it in a place
11:09with high foot traffic, right? A place
11:13with a lot of foot traffic. If you were
11:15to open a shop in Jeoncheol-ri,
11:16Hey-myeon, Seosan—even if it's just
11:17Ms. Kim, Ms. Park, and Ms. Hong—it
11:19wouldn't work with only three people
11:20coming and going, would it? As for the
11:21deposit, the store has to be big. The
11:23deposit is at least 150 to 200 million
11:26won. And you have to pay 50 million won
11:27in key money. Then, the remaining 30
11:28million won—about 300 million won—
11:30is needed. 300 million out of 500
11:31million. That is the meaning behind the
11:33statement that loans to self-employed
11:35business owners have surpassed 1,000
11:36trillion won. But here is the important
11:38point. Where does that money come from?
11:40They borrow from banks. Where does the
11:42bank get the money? Ah, they likely use
11:44the deposits made by shop owners to
11:46provide loans. Shop owners don't even
11:48have enough money to eat and live right
11:49now. They don't have money to spend, so
11:50why would they deposit money in a bank?
11:52It wouldn't work, right? That is why
11:53you need to listen carefully here.
11:56Everyone, Hanjin Holdings is changing
11:58its name to News Holdings. Right? So,
12:01in early November, they opened a
12:03shareholder meeting and changed the
12:05name. The business purpose is being
12:06included here. Two things are included:
12:08the first is restaurants, and the
12:10second is franchising. Franchising. Do
12:13you understand? So, I think this way.
12:17There are currently 5.8 million
12:18self-employed business owners; do you
12:20know what they are receiving? When you
12:22take out a 300 million won loan, it is
12:23a secured loan. I mean, even banks lend
12:25300 million won, but with unsecured
12:27loans, you know, people have no job.
12:28They are just starting out. Who would
12:30set them up for them? Do you understand
12:32? But regarding those people...the
12:35figure is currently 5.8 million.
12:37However, this is double the standard
12:40for OECD countries. But the point is
12:42that this statistic is wrong. Would you
12:44like to look here? The statistic here
12:46is incorrect. It is not 5.8 million.
12:49Now, let's say I was a department
12:50manager and am now washing dishes at a
12:52newly opened restaurant. Does my wife
12:54go around playing golf? No. What is she
12:58doing out there? She works with me. In
13:01that case, it's not 5.8 million. We
13:03have to add it up. Then it becomes 1.6
13:06million. A couple washes dishes until 2
13:08AM, and when they get home, their child
13:11—who went to college and served in
13:12the military—has graduated and hasn't
13:13been able to find a job for four or
13:14five years. I went home at 2 AM and
13:16found my son just goofing off in his
13:18room playing computer games. At that
13:21moment, the thought of his father
13:23suddenly flashed through my mind—
13:24specifically, the part-time worker at
13:26my restaurant. I make a phone call. "
13:28Young-jun, you guys don't have to come
13:30in.""Why?""Boss.""Oh, my son has
13:32decided to start working tomorrow."
13:33Then that son is included, too. So,
13:35this is about 17.4 million people—
13:37even with a rough estimate, that comes
13:39out to this figure. Right? Now, since
13:42the self-employed are part of the third
13:44tier of the workforce, if this
13:45collapses, then not only the domestic
13:47stock market but everything else will
13:49collapse as well. As I mentioned
13:51earlier, what are the big corporations
13:52doing with their retained earnings?
13:56Deputy Prime Minister Choi Kyung-ah
13:57said this: "Hey, don't just hoard cash.
13:58First, use that money to raise salaries
14:00; second, pay higher wages; and third,
14:02what did she tell them to do? Invest in
14:05equipment and hire people for factories
14:06." If she said that, business leaders
14:09would just say, "Yes, I understand," in
14:10front of the Governor and the Prime
14:12Minister. "President, they do that, and
14:14then turn around and say 'Hmph.' That
14:16is the problem. Why give them 200
14:18million won and send them out, only for
14:19them to take out 300 million won loans,
14:20and then 500 million won loans? What
14:21happens if those self-employed people
14:23go bankrupt? If they go bankrupt, it is
14:25the end of them the moment they fail.
14:26You can't play games with the 'Lost
14:28Decade' or 'Lost Decade.' That was
14:32Japan. Even Japan's Lost Decade and '
14:33Lost Decade.' During that period, their
14:37GDP was 50 million. It remained
14:39unchanged. It's no game compared to our
14:41country. It's five times. Our industry
14:43isn't like theirs, is it? It's
14:44different from them. Please remember
14:46that. Now, despite this, 900,000 people
14:48start businesses every year, and
14:50800,000 of them close down. Looking at
14:52last year, 833,000 people went out of
14:54business. Okay, shall we move on to the
14:55next screen? Let's move on. So,
14:57regarding the self-employed you are
14:58seeing right now...despite everything
15:00..." 40,000 coffee shops, 13,000
15:02bakeries nationwide, 40,000 chicken
15:04restaurants, 25,000 Jajangmyeon places,
15:0530,000 karaoke bars. What are they even
15:07doing with all that? I mean, yes.
15:09Eating Jajangmyeon, drinking a cup of
15:11coffee, going to a chicken place for
15:13chicken and beer, going to a karaoke
15:14bar to sing—life is just always like
15:16this. And it’s not just that. Whether
15:18it’s restaurants or whatever else,
15:19there is a massive flood of businesses
15:20pouring out right now. Corporations
15:21shouldn't be doing this. Corporations
15:23shouldn't be doing this. No matter how
15:25difficult things are, if the jobs of
15:27the middle class—the self-employed—
15:29collapse, it will be tough. But the
15:31point I want to make is this: it’s
15:32not that story. It’s not that story.
15:36It’s this story. Dear Deli family, I
15:38wasn't just talking nonsense last time
15:41for no reason. The important thing
15:42isn't the number of self-employed
15:44people in our country; it is that there
15:46are 20 million bank accounts. 20
15:47million. That is 20 million. And those
15:51aren't people who are already preparing
15:53to invest in stocks. "I went to a
15:55brokerage firm called C or D and opened
15:57another account. Why? To get stocks."
16:00That's not the point. Do you know what
16:03the current situation is like, whether
16:06it's 2014 or 2013? There is nothing to
16:09do. This time, many employees at
16:11brokerage and insurance companies have
16:13lost their jobs. The financial sector
16:15is a prime example. If people quit in
16:16that sector, wouldn't it be obvious
16:18that the remaining manufacturing
16:19companies would have been destroyed? A
16:20massive number of people have been
16:21produced, but they didn't just leave
16:23empty-handed. They came out with money.
16:25Okay, let's say they came out with 200
16:25million or 300 million won. What should
16:27they do? Open a coffee shop? What
16:28should they do? Open a bakery? Don't
16:30make me laugh. They can't open a
16:31chicken restaurant or a Chinese noodle
16:33shop. Even if they wanted to, they'd
16:34have to open a convenience store. If
16:35you look at convenience stores, there
16:37is one on every two buildings. They
16:39talk about 500m height regulations, but
16:41just look. They are pouring out again
16:43recently. Looking at all this, the most
16:45important thing is this: right now, in
16:472014, these people have nothing to do.
16:50That is why they are entering the stock
16:52market. To all you individual investors
16:54watching this broadcast for the first
16:56time, you've probably just opened your
16:58account and are wondering what to do,
17:00clicking here and there on TV channels,
17:02scouring newspapers, and visiting
17:04brokerage firms for consultations. Well
17:06, shall I tell you? Okay, let's move on
17:08to the next screen. So, the lecture I
17:11am giving today is about understanding
17:14market changes. "Haean." It refers to a
17:18wise eye that sees things clearly. I
17:20used the word "chart" here. So, let's
17:22acquire a wise eye that sees charts
17:24clearly. And what happens to the one
17:27who truly masters the tool that fits
17:29them perfectly? It is victory. It is
17:33victory. You understand, right? So,
17:35let's proceed like this. Let's go
17:38straight to the next screen. If you go
17:41to the next screen and look, as I
17:47mentioned last time, there is a chart
17:50here. What kind of chart is it? It is
17:54the Creation of the World chart. Okay,
17:56shall we go to the next screen? Yes. It
17:58is the Creation of the World chart. So,
18:00starting today, I will be giving you
18:03lectures on the aspects I briefly
18:06explained at the very end of last time,
18:09step by step. I don't know if I'll do
18:11this for a year, two years, or even six
18:13months, but for the time being, I
18:14intend to cover content that you have
18:16truly never seen before. Understood?
18:22That is why I came here having eaten a
18:24big meal. Yes. Alright. Seeing this, I
18:26thought, "Tell your mom." Now, let's
18:27take a good look at the screen. If you
18:29look closely right here...Okay, let's
18:31take a look. Something cool appears.
18:34What is this? Something just popped up,
18:36right? Yes. This is the sign for the
18:39women's restroom. You know, right? The
18:42women's restroom. Now, what is the
18:44men's restroom marked with? Blue. It's
18:47a cloud candle, isn't it? What is the
18:48women's restroom marked with? It is
18:50marked as a bullish candle like this.
18:52Wait, why is it marked as a bullish
18:54candle? Why is the man a bearish candle
18:57and this one a woman? Why is that woman
18:59a bullish candle and the man a bearish
19:00candle? But even if we look at it
19:02statistically, women are meticulous
19:04when it comes to stocks. I'm saying
19:06they don't do water-dropping. But men
19:07in our country, especially in South
19:09Korea, unconditionally rely on source
19:12trading. From whom? They hear it from
19:14Kim Lee at Brokerage A. Yes. They hear
19:17it exactly from Kim Lee. So, let me
19:20explain to you what makes it different.
19:23We call this pattern a "bullish candle.
19:26" Right? When the stock price is
19:29trending upward, it appears like this:
19:32bullish candle, bullish candle, bullish
19:35candle. I marked it like this: "Cheer
19:37up, Korea, Auntie." But it doesn't
19:40always just go up. Now, who did they
19:42bring? That's right. They brought their
19:44son. Right? Since they brought their
19:45son, and the stock price goes up but
19:47then turns, what do we call this part?
19:49We call it a pullback. Now, this spot
19:52is a pullback location. These people
19:55are truly amazing. Right? They are
19:59people who frequently watch "Stock
20:00Creation," which airs every Monday from
20:028 to 9. So, they ask, "Who did you
20:03bring?""Right. Yes. I brought my son."
20:06That's what they say. Who is it? Oh, my
20:08son. Wow, he looks so smart. What are
20:09you planning to do? Oh, I'm doing this
20:11to teach him stocks diligently so he
20:12can appear on Delhi TV, right? Right?
20:14Okay, thank you. Now, let's look at the
20:16next screen. Here too, the stock price
20:19goes up after the pullback. And then it
20:22appears just once more, right? From
20:26here on, you all say, "Wow, this is
20:27killer." Right? From here, you all say,
20:30"Wow, this is incredible," but this
20:32isn't just incredible. When it comes up
20:35to the Yangyang Yangsan candlestick
20:37that rose just at the end, it's not
20:39just a cool spot on the chart; you
20:41roughly think, "We've reached the end.
20:44This is the peak." Even looking at
20:46Granville's Law, right? It says right
20:50there that in the second wave of the
20:52first, second, and third waves, this is
20:54the position where institutional
20:56investors eventually sell and get out.
20:58Now, there is someone who pops up right
21:00here, isn't there? Everyone just looks
21:02at it without thinking and says, "Oh,
21:04who is that?""Oh, isn't that Haeseong's
21:06father?" Who is Haeseong's father?
21:09Right, he went to Kangwon Land. It
21:12looks like he went there to gamble and
21:13lost a lot of money. Right. Uh. Oh dear
21:16, it's a big problem. But who is that
21:18friend over there? Oh, he's a friend.
21:20Where did they meet? They said they met
21:22at Kangwon Land. That's how it goes,
21:24right? Now, they just go with the flow.
21:26When you look at this posture, what do
21:28you think? Source trading. Right. They
21:30are busy. So, when these people look at
21:31them, don't they think, "Why are those
21:33guys acting like that?" Right? Who are
21:35these people? They are the big sisters
21:37and big brothers. We are talking about
21:39the institutions or major players. When
21:41these guys look at them, they think, "
21:43Oh, they've finally arrived." They
21:45think, "The retail investors have
21:46arrived." But the most important thing,
21:48the peculiar thing about Koreans, is
21:50that they don't evolve. Why take a
21:52friend along? Now, what did this friend
21:54say? "Hey, they say you should follow a
21:56friend to Gangnam, so I should go too."
21:57Gangnam is expensive. Meal prices are
22:00high, and food prices are all high.
22:02Right? It’s a huge disaster. But a
22:05problem arises. If you jump right in
22:07here and things go wrong, the stock
22:08price really pushes the source—you
22:10hear the information at the peak, right
22:12? And the stock price plummets. But the
22:15problem is this: delisting is scarier.
22:17Then, not this friend. Not Haeseong's
22:20father, but the friend Haeseong's
22:21father brought from Kangwon Land—what
22:22was the outcome for him? It got
22:25delisted, and after investing 100
22:26million won, what did he end up
22:27spending? He spent it on alcohol. We
22:30call this the peak. You guys really
22:34like this part, but you don't like this
22:38part. This position is where you spend
22:41it on alcohol. Right? Then what happens
22:43frequently? Fights happen frequently.
22:46Yes. "Honey, what happened?" So he says
22:48, "I know my own business." And then
22:50they fight fiercely. So he is crying.
22:53Yes. This friend, this friend of his,
22:57his wife cried her eyes out. And
22:59because she felt so frustrated, who did
23:00she call? Call your older brother. Who
23:02is your brother? My older brother...ah,
23:05he is a scary person. So, what does
23:07your older brother say? "What should I
23:09do? Just bear with it." Right? So,
23:11because he drinks every day, what kind
23:12of things happen? He does all sorts of
23:14things. He bites and throws things
23:15around the house, he's a bit out of his
23:17mind. This is where the big trouble
23:18begins, right? Okay, yes. "Ah, this is
23:21tough." Okay, definitely. He gets drunk
23:23and falls over like that. Now, he lives
23:25a completely difficult life. Then what
23:27about this friend? These guys...he's a
23:29bad kid, isn't he? It continues like
23:31this, but what happens to this friend?
23:32This friend also suffers because his
23:35friend went astray. Look at this
23:37current state. This isn't the state of
23:40him rising; it is the state of him
23:42falling. Everyone, quietly place your
23:44hand on your heart and ask yourself, "
23:46Who does this look like?" Do you think,
23:48"Ah, I feel the same way"? That's right
23:50. But who is this person here? Who is
23:53this? It is Haeseong's father.
23:55Haeseong's dad said, "I got delisted
23:57too, you know. A friend went the wrong
23:59way and got delisted from the stock
24:01market, and this friend went astray."
24:04He just laughed a little, and since he
24:06was kind of losing his mind and coming
24:07back in, there was a child crying while
24:09he was struggling with guilt. Where did
24:12Haeseong's dad's wife go? She left home
24:14a long time ago. Really? Then she is a
24:16daughter in her third year of middle
24:17school. And yet, because he kept
24:19ordering her to buy brushes, the child
24:21asked, "Dad, why are you like this? You
24:23used to be so diligent, why can't you
24:25live your life any better than this?"
24:27And she sobbed uncontrollably. While
24:29Dad was trying to empty his mind, a
24:30high school senior went over to her and
24:32asked, "Why are you crying again today?
24:33" It was the first time she was crying
24:35because of her dad, right? But then,
24:39this distressed dad immediately said, "
24:42What is this? It's a doggy bankruptcy,
24:45right? Before the doggy bankruptcy."
24:47And then, suddenly, this man also
24:49started losing his mind. Bang. Right?
24:53Ah, he's blurring the picture below
24:54beautifully, but it's not showing up
24:55right now because of the bottom section
24:57. Here. Oh dear. Okay. It turns out
24:58like this. Now, did you make it look
25:02good? I came here to explain something
25:04to you all. You, if you think this is
25:09your current position, then you should
25:12think, "I've come. I should stop." But
25:18let's take a good look here. So, what I
25:21broadcasted last time is this. Okay,
25:24there's a bang here. Oh my, how painful
25:27would that be? Right? Okay, this is the
25:30spot. It went up, right? If you look
25:32from this spot, you can see this spot,
25:33right? Right? This spot. Oh, really? We
25:37are currently considering this a
25:38bullish candle, everyone. It is a
25:39bullish candle. It is a bullish candle.
25:41Got it? It is a bullish candle, right?
25:43Now, next. This is a bearish candle. It
25:46is a bearish candle. Bullish and
25:47bearish candles. What I explained at
25:50the end of last time is that this is an
25:52indicator—the Creation of the World
25:54indicator. This one. Here, too, who?
25:58Last time, I was hiking up a mountain,
26:01and there was a woman in a red dress
26:03and a man in a suit, and then...oh,
26:04they came to visit. It’s not about
26:07how the kids came hiking wearing
26:08belly-hugging shoes and high heels;
26:10it’s about the fact that they
26:11prepared something a little differently
26:12today. It’s about remembering these
26:15tears, these tears. That is why this
26:18spot is the most important, and you
26:20absolutely, absolutely must remember
26:23this here. You must have the discerning
26:25eye to read the coastal chart I
26:27mentioned earlier. So, what kind of
26:29spot is this? It is the peak. Let me go
26:31around once. This is the peak. When the
26:34stock price rises in a turnaround from
26:36this spot, this very spot becomes the
26:38target price. Then, this spot is
26:40exactly the place where the 3 rd-year
26:42middle school student thought, "Oh,
26:44it’s okay. Let’s join forces.
26:47Let’s try to soothe Dad. Little
26:49sister, oh, wait, there will be good
26:51days, right?" This is the chart
26:54explanation I want to convey to you. So
26:58, I went to the restroom to take a
27:00picture and came back. But regarding
27:02this picture and this drawing, the man
27:04is marked as a bearish candle, and the
27:06woman is actually marked as a bullish
27:08candle. Watching that, I was truly
27:09amazed. It seems the standard is that
27:12it was already made that way, rather
27:14than me creating it. Now, let's look at
27:15the next screen. Dear Lee family, this
27:18is where it matters. Now, this time.
27:22Shall we move on to candles? Let's see
27:25what it looks like when viewed through
27:26candles. So, now that I've explained it
27:28with pictures, I will explain candles.
27:30What did I say last time? "It reminds
27:32me. It reminds me of Mr. Hong. It
27:34reminds me of Mom." I said it was a
27:37song by Raun Na. I mentioned that Mr.
27:40Hong costs 14,000 won per box. How much
27:43did I say the Mr. Hong that was 14,000
27:45won would cost? It costs 16,000 won.
27:4816,000 won. The persimmon that was
27:5116,000 won suddenly goes down to 15,000
27:53won the next day. Again. It goes from
27:5614,000 won, to 15,000 won, to 16,000
27:58won, and back to 15,000 won. Okay,
28:00after that, the price of Hongsik pops
28:03up again. How much does it pop up?
28:05Looking at the price, it rises to about
28:098,000 won. It rises to 18,000 won, and
28:11then, looking right here, it gapped up.
28:14There wasn't much price fluctuation,
28:15right? After that, it entered the
28:1820,000 won range, rose to 22,000 won,
28:21and then returned to its original
28:23position at 20,000 won. Now, the reason
28:28I am continuing this lecture from last
28:31time is to explain that the bullish and
28:34bearish candles you see ultimately move
28:38and form in this kind of pattern, and
28:41there is a secret here. I am explaining
28:45to you a secret that you do not know.
28:49Okay, it dropped a bit for a moment to
28:50the 20,000 won range. Then, the price
28:53of Hongsik surges again to 24,000 won.
28:57After that, it pulls back slightly,
29:00then rises to 25,000 won. It goes up
29:03from 25,000 won to 27,000 won. Okay, it
29:07goes like this. Wow, what do you think
29:11it will go up to? Should we pick around
29:1325,000 won? Let's pick around 20,000,
29:1520,000, or maybe 31,000 won. But it
29:16goes up exactly like this. So, what do
29:19you all think? "Wow, this is killer."
29:23You think you shouldn't get in here.
29:26Watch closely. I'll tell you a few
29:28times. If I look back at history, going
29:32from kindergarten, elementary school,
29:34middle school, and high school, then
29:36graduating from university and graduate
29:39school, what happens next? You have to
29:43get a job. Then it's over. But looking
29:45at it from this perspective, people say
29:47, "Wow, this is cool.""Yeah, sure."
29:49What kind of talk comes out of this?
29:51They say if you buy this stock now, it
29:52will go up several times? They say it
29:55will go up several times? That's not
29:57right, is it? No. This isn't pretty.
30:00It's already over. What is market price
30:03? You know the saying, "Take the plates
30:04off while the party is in full swing"?
30:06Right? Back in the day, the FRB Green
30:09Sponsor mentioned this. It means you
30:12should pull the plate out when the
30:14price is at its peak, when things are
30:15going well. Got it? Now, however, if a
30:18position like this appears after a full
30:20rotation, please be very careful. Let's
30:23take a close look at what kind of
30:24position this is. It's moving well. A
30:28candlestick appears with a length
30:30slightly shorter than the previous one.
30:32Whether it's a bearish or bullish
30:33candle, if this pattern appears, you
30:35must be cautious from this point on.
30:36You should think, "Ah, it's over. It's
30:41over. It's the end." But who knows? No
30:43one knows whether the stock price will
30:46rise or fall from here. Who knows? Only
30:48they know. Now, the most important
30:51thing is the position. Let's expand on
30:53it a bit. Do you remember now? A
30:55certain pattern appears near the stock
30:58price's peak. That's right. It's an
31:01older brother. Right? An older brother
31:04appears. Who? An older brother from the
31:07parents 'side appears. As we saw
31:09earlier, it appears just like a high
31:10school senior brother appearing. So,
31:12the bearish candle must be larger than
31:13the bullish candle. Once again, the
31:15bearish candle must be larger than the
31:16bullish candle. We call this pattern
31:18the Bearish Engulfing pattern. I am
31:21talking about the Bearish Engulfing
31:23pattern. Now, I am not lecturing on the
31:26Bearish Engulfing pattern right now; I
31:29am explaining a new chart pattern to
31:31you. Shall we look at the next screen?
31:33After that, the stock price falls again
31:36, right? And after the bearish candle
31:39gets slightly smaller, it drops sharply
31:42. When a doji-shaped candle appears
31:45after an opening breakout, people often
31:48recommend it at this point. They
31:52predict that this stock will break
31:54through its immediate high, form a
31:56double bottom here, and go up, so they
31:58recommend the stock at this position.
32:01However, the most important thing is
32:03what kind of position it is. We call
32:06that the fair value. Fair value. Now,
32:09if you know just the very simple BPS,
32:12you won't lose it. BPS, yes. Even if
32:16you only know BPS, you must remember
32:17that the location of the position—the
32:20BPS fair value and liquidation point
32:22that I have been talking about for five
32:24years—is the most important thing.
32:26Okay, here's the recommendation. I
32:28don't recommend it. It's wrong because
32:29you're comparing it to the fair value.
32:30But then it goes up. See? It's going up
32:32. It's like saying, "It's killer, it's
32:34fantastic." When you look, a bearish
32:36candle forms on a gap like this. Then,
32:38this is the perfect spot for adding to
32:40your position. It's the perfect place
32:42to properly shake out the investors in
32:44this spot, right? So, when the stock
32:47price hits a high and comes down, and
32:48then shows a slight rebound, these
32:49investors are shaking it out, crying,
32:51and shaking it out as it goes up, so it
32:52goes up while selling. Institutions
32:54take profits here, realize profits here
32:56, realize profits here, realize profits
32:58. Individuals come in here, laugh, come
33:00down. And what kind of pattern does it
33:02show here? From here, they pour out the
33:05shares they couldn't shake out. Now,
33:08you all continue buying here with the
33:11intention of buying more. The price of
33:14ripe persimmons goes bankrupt. Why is
33:16that? Here? It means that everyone
33:19farming ripe persimmons—you, me, me,
33:21me, and you—was all being "elegant."
33:24That is why this phenomenon occurs. Now
33:27, after that, the stock price falls
33:29with a bearish candle. This is the spot
33:31where the price of ripe persimmons
33:32skyrockets. Okay, one full rotation.
33:34You probably still don't understand how
33:36I'm explaining this. You think, "It
33:37just drops sharply, then it will
33:38rebound." It's not a double bottom,
33:40right? It is currently falling in an
33:42N-shape. If bearish candles keep
33:45falling after that, you will all be
33:48miserable. Dear Lee family, did you
33:51find it here? Did you find what I just
33:53explained? Now, please focus here. You
33:56must focus on this screen. One, two,
33:58three. Where? You found it here, right?
34:02And where else? Brother. Whether it is
34:05a monthly or weekly chart, the most
34:07important thing is to find this pattern
34:10in the order of monthly, weekly,
34:12monthly, weekly. If you draw lines
34:16while looking at the chart, that is the
34:19precise target price when the stock
34:21price rebounds. Understood? Now, as I
34:24explained with a picture earlier and
34:27now with the candles, if you observe
34:29and grasp this point well, you will
34:31have absolutely no difficulty trading
34:33stocks. So, look closely at this spot.
34:37There is a line running straight to the
34:38side from the bottom. Where does it go
34:40up? It goes up again. This is the
34:42closing price section. It originates
34:44from the head of the tear, right? The
34:45tear section. Now, let's move it to the
34:47side again. Right? Then, the closing
34:50price section that appeared next. You
34:54recognized the closing price section,
34:55right? So, it is here. Oh, you came
34:57first. Okay, you came first. Do you see
34:59it here? So, if you look from here, who
35:00is this? It is the Self of Love. Here,
35:04ah, right? So, the reason I explain and
35:08lecture to you, even going so far as to
35:10illustrate this picture here, is
35:11because of that meaning. We need to
35:14understand it well. So, here and here
35:16are the most important target points.
35:20Then, I hope you listen carefully to
35:22what I explained last time. I will
35:25remove the subtitle "Creation of Heaven
35:26and Earth" from the bottom. I said, "
35:29Let's try putting this image of'
35:31Creation of Heaven and Earth 'here."
35:34Right? Let's put it in. Right? I said,
35:37"Let's put it in." I have listed
35:39countless names here, even though you
35:42may not know exactly what they are. If
35:47you look through them, starting from
35:49the right, the patterns you see—like
35:52Point, Security, A2, and A 1—are not
35:54found in your HTS; I want to emphasize
35:56that these are things I have created
35:58and developed over my 20 years of
36:00trading stocks. So, if you input data
36:03here, what kind of pattern appears? It
36:04looks like this. Did you see it? This
36:07is the pattern that appears. So, even
36:08though you didn't know what it was, you
36:10went "tap tap tap tap tap." What is
36:11this? Oppa, Oppa, Oppa, Oppa. Whether
36:13you are looking at the monthly or
36:15weekly chart, keep doing this.
36:17Understood? As you do so, you need to
36:19take a closer look at this section. I
36:22have zoomed in. I have enlarged this
36:24specific spot and uploaded it here. By
36:26zooming in, I will explain once again:
36:28when the stock price is falling, if a
36:30bullish candle appears and a bearish
36:32candle appears, but it resembles a
36:34bearish engulfing pattern, and if such
36:36a pattern appears here as well, then,
36:38as I explained earlier, this spot [Y]
36:40becomes an important turning point. So,
36:43we must remember the tears in that spot
36:45guarded by my older brother from my
36:47hometown, who is crying, and my older
36:49brother Bosam, who is crying in his
36:51third year of middle school. We must
36:55remember. What chart is this? The
36:57Creation of Heaven and Earth. I named
36:59it that way. Because it is the first
37:01start. So, everyone, please make sure
37:03to remember this spot here. And since
37:05we are back to this position, it can't
37:08be like, "This is Oppa, and this is
37:10Oppa." So, what did I say last time?
37:12Lines appear here and here, and right
37:14here is where the first target price
37:16enters, and here is where the second
37:18target price enters—it lands
37:20precisely. Then, while watching this
37:22broadcast, you might be thinking: "
37:23Chief, that is based on your standards.
37:25The stock price is rising like this,
37:26isn't it? It rises, and then in an
37:28N-shape, right? Even after the decline,
37:31when we look at it, isn't this just the
37:33previous high? Oh, isn't this just the
37:35previous high, and isn't this just the
37:36previous high? Oh, I can tell just by
37:38looking. You're kidding." Oh no, no no.
37:41Okay, let's move on to the next screen.
37:42Then, shall we take a good look here?
37:44The spot I mentioned isn't the previous
37:46high, it's right here. Okay, let's take
37:48a look. This is Oppa, Oppa. It's Oppa.
37:52Right? Would you like to look at the
37:54stock price after this point? It can't
37:56break through here. If this were the
38:00previous high, the price should go up
38:02and hit it from here, but it's not
38:04going up. It's not going up. If you
38:08look closely here, this chart and the
38:10chart are strictly, strictly different
38:12charts. If you look closely here...it's
38:14clean, right? This spot is clean, right
38:16? But here, it's a mess. You say it's a
38:20mess? Individual investors go in and
38:22make a total wasteland. They can't make
38:25it clean. That's why when this kind of
38:27pattern appears, we describe it as the
38:29chart being completely broken. From
38:32here to here is the cleanest look. When
38:34trading in this state, if the previous
38:35high were you, it should break through
38:37here, but instead, it forms a double
38:38bottom here. Could you put the screen
38:41here for a moment? It's forming a
38:43double bottom here—one bottom, two
38:44bottoms, three bottoms. Look at the
38:46point on the right bottom; the bottom
38:48point is gradually rising. So, if you
38:49watch the broadcast, you see the lines
38:51frequently diffusing like this. Right?
38:52And then it goes up, and what happens
38:54here? What happens here? Remember this
38:57well. What happens here? Okay, what is
38:59this on the screen right here? It's
39:00Oppa. Right? And the stock price comes
39:03down again. After a double bottom forms
39:04here, the bottom on the right goes up.
39:06Then, regarding the target price...I
39:08haven't written down the specific stock
39:09name, but this is currently in progress
39:11. The target price is right here. It is
39:13fixed. The unchanging, immutable law.
39:15The end. Let's look at the screen in
39:18full size again. So, I will explain it
39:22again. Remember this spot. Whether it
39:25is the monthly chart or the weekly
39:26chart, you must find the chart. Find it
39:29. Until I give another lecture next
39:31Monday, search for it for two hours a
39:34day without rest and study on your own.
39:36That is your only way to survive. Oppa
39:38Ui-hwang, understood? Okay, that's
39:40right. This time, the point is that
39:42this spot, this spot, was the target
39:44price. This spot, right now, is not the
39:48exact target point. Right? Okay, this
39:51time, as the last one. Hey, time is
39:53already up. I’ll explain it clearly.
39:58Look closely. If you look at the screen
40:01carefully...this is where the' Oppa 'is
40:04. And it will become the' Oppa '. You
40:07understand, right? Easy, isn't it? You
40:09guys are amazing. Right? This is where
40:12the' Oppa 'will be. And...this is also
40:14where the' Oppa 'will be. That’s it.
40:17But now, where should we be looking? We
40:19should be looking here, and here, and
40:22here, right? Okay, this would be the
40:24first goal, the second goal, and the
40:26third goal, right? Then your eyes need
40:28to be here right now. They need to be
40:30here. Okay, let's do it. Going to
40:32kindergarten, entering elementary
40:33school, middle school, high school, and
40:34university—that’s it. It has to go
40:36like this. Now, it comes down neatly
40:38from here as well. The way it comes
40:40down neatly looks quite good. I will
40:43continue to gradually extend the time
40:46period on this screen. Since I will
40:49keep extending the time, please
40:50remember this well and go through it.
40:52Okay, let's take a look. Slowly. So,
40:56this is number 1, and this is number 1.
40:59Remember number 1. Everyone, please
41:01remember the shape, and remember this
41:04spot. Remember this spot. Okay, that's
41:08right. Did you remember this spot? Okay
41:10, okay, let's move on to the next
41:11screen. Okay, I'm back, right? Right?
41:15The main path of the bearish candle
41:17went 1st, 2nd, and 3rd, right? And
41:19where did I tell you to look? I told
41:21you to look here, didn't I? So you've
41:22looked up to here, right? You are
41:24currently looking at this shape. You
41:26are looking at this shape, right? Now
41:27that you look at it, what does it look
41:28like? Number 2. Number 2, right? Just
41:31look here. Just here. Since this is the
41:33target, since this is the target, I
41:35told you to just look here. Okay, shall
41:37we move on to the next screen? So now,
41:39we have the same picture, with the
41:40target set exactly the same way, and
41:42the important thing is that the target
41:44has arrived. Right? The 1st target has
41:45arrived, right? It has arrived. Right?
41:47The 1st target has arrived. After that,
41:49this is the 2nd, and this is the 3rd.
41:53However, if we look at this as number 3
41:55and move on to screen 4, what does it
41:57look like? It is right here on screen
42:014. We’ve looked up to here. We saw up
42:03to this point on the previous screen,
42:05and you think, "Oppa, Oppa, then
42:07shouldn't it go from here to there?"
42:09But it isn't going. You think, "What on
42:11earth is going on? What is this? This
42:13shouldn't be happening." You think, "Oh
42:18my god, how could this be?" This chart,
42:20number 4, is where you are thinking
42:21that. However, although I haven't
42:25written down the name of the stock here
42:27, what stock is this? You must be
42:30curious, right? Hey, shall we take a
42:32look? This is the current status. Let
42:37me pull the subtitles down for a moment
42:38. Here. If you look here, it is the
42:43current status in 2014. Ultimately,
42:45what happens now at that spot you were
42:48talking about? It is the spot you were
42:51curious about earlier. And it forms a
42:53double bottom. It is heading towards
42:54the target price, and this spot is the
42:56target price. Anyway, after the double
42:59bottom, if the stock price moves toward
43:01this point and reaches this observation
43:03, it will eventually go up. Dear
43:05Beloved Deli family, and all the
43:07individual investors in South Korea
43:10watching Beloved broadcasts. As I
43:13mentioned earlier, I have been
43:15continuing this lecture, having
43:17prepared this as the second session for
43:19you today. I will be explaining similar
43:22content in the next session as well.
43:26However, there is one thing I really
43:27want to tell you. I intend to meet you
43:30during market hours tomorrow on Deli On
43:33. Since I cannot share as much
43:37information as I would like within the
43:40one hour of TV time allotted today,
43:42tomorrow—at the free broadcast called
43:44"Deli On Pungryu Up"—I will compare
43:47various stocks and explain them to you
43:49by analyzing the charts. Understood?
43:53Tomorrow, during market hours—uh, the
43:56subtitles aren't showing at the bottom
43:58right now. I plan to be with you from
44:008:40 until the market closes, until
44:023:00. So, as soon as the subtitles
44:05appear at the bottom, please take out
44:08your phone and snap a picture.
44:11Understood? Just snap it. Thank you. I
44:15found it. Now, let's go back to this
44:17screen and take a look. Okay, how do
44:18you call this number? So, we call it
44:21number 5. We call it number 5. Got it?
44:25Hey, that is why I always tell you that
44:28you need the right tool and the wise
44:31door to accurately and intelligently
44:34view charts. So, what do you call this?
44:38Creating the heavens and the earth.
44:39Creating the heavens and the earth.
44:41Then, finally, we return again.
44:44Returning only once would have been too
44:46much, wouldn't it? Since I took these
44:48photos one by one and captured them,
44:50Director, let me zoom in on just this
44:52spot a bit. Right? Okay, Auntie is
44:54doing the stock market. Okay,
44:56Eul-deung's mom, Gapsun's mom, oh,
44:57welcome. Who is next to you? Oh, my son
44:59. I said this is a pullback point.
45:01Right? This spot. Right. Then
45:03Gyeongsun's mom is here too. Oh, Mija's
45:05mom is here. Oh, Jeonghee is here too.
45:07Oh, really. Hey, now that we've
45:09established that standard and traded
45:11stocks, how did we...[look at] his fate
45:13? You ate a lot, didn't you? How much
45:15did you drink? 23%, and I'm at 7%. This
45:17is the exact benchmark for us. No
45:18matter how we look at it, it's over. Uh
45:19, look at Gam-su. Who is that?*Scurries
45:21over*. Oh, right. Hyung-cheol Lee's dad
45:23is right. Oh my, why are they walking
45:24around like that? Oh my, why are they
45:26wearing clothes that are all over the
45:27place, clinging to each other like
45:27little shackles? Who is next to them? I
45:29don't know. They brought them somewhere
45:31together, apparently at Gang-eon Land.
45:32And so...oh my, I heard the news.
45:34They're completely wrecked. Yes. Really
45:36? Oh my. While I was sending Nanari off
45:38drunk, you know that wife...Ah, it
45:39looks like the wife fights all the time
45:40. That guy came over, you know. Oh my,
45:43it's a gang. I'm fighting back. What
45:44did he say? Oh my, he's an important
45:45person. Right? I said he's important
45:47here. Right? Yes. Uh, since I'm telling
45:52this story, don't just grin and laugh;
45:53listen carefully. So, this friend
45:57suddenly dragged himself outside, and
45:58since he was drunk, he collapsed. Right
45:59? Now, regarding the situation shown
46:02here and the friend who suffered from
46:03guilt over the meat, and who continued
46:05to suffer, making things difficult and
46:06causing hardship for the child, and
46:07eventually resulting in a breakup—
46:09this is the kind of pattern in which
46:10you have been trading stocks. I would
46:13like to tell you to please remember the
46:15tears here, and with that, I will wrap
46:17up today's lecture here. The reason is
46:20that time is running out. In my heart
46:22and mind, I would like to speak for an
46:24hour or two, but the one hour allotted
46:26to me today ends here. Well, next time,
46:28on Monday morning...ah, oh, ah, I'm
46:30sorry. Yes, I will see you again at 8
46:34PM. Anyway, please have a pleasant time
46:35for the rest of the day. I will take my
46:37leave now. Thank you. Goodbye. Ah.

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