Stock market 'air force commander' Hou surrenders to bulls

After all the brouhaha of predicting market moods, well-known stock market commentator Hou Ning, nicknamed commander-in-chief of the "stock market airforce", has finally decided to surrender meekly to the rampaging bulls.

Hou, famous for his predictions of stock market declines, recently wrote in his blog that he would not make any predictions on the market trends for the next six months.

The recent rallies have indeed derailed Hou's statements. The benchmark Shanghai Composite Index gained 14 percent in the third quarter to reach 3,187 points on Friday.