Stock Market: Bottom Confirm Operation Period

No culture is not terrible, terrible is culture but lies.

Some analysts say that before they are deleveraging, the latter will go to the bubble.

When a large number of 8 types of stocks have fallen to 2000-2400 points of the Shanghai Stock Exchange and some stocks of the gem have fallen to 1200-1500 point prices, it is time to talk about bubbles. I don't know whether they are "consciences" or ulterior motives.

Discrimination is a reasonable way, not one size fits all.

Don't take Nasdaq's average price earnings ratio as an example now. According to this calculation mode, the overall price earnings ratio of A shares is only ten times.

As a result of this comprehensive leverage, the past low-key asset allocation activities in the form of a third party interface and the expansion of the geometric level, coupled with the strong publicity before the publicity of the official media to bring the bull market higher expectations, eventually leading to group craziness.

In just over a year, the market went through a big bull market and then experienced a big stock crash.

How can long-term investors feel secure in this market?

Maybe this is China.

The current situation is the inevitable result of the leadership of retail investors.

In the past, there had been doubts about management's idea of going retail.

The purpose of going retail is personal understanding in order to cope with the increasingly urgent financial opening in the future.

It can be imagined that in the future, when domestic funds and a lot of foreign capital are playing games, more than 100000000 people in the front row are in between the two armies. How can we fight this battle?

I still have no idea why I am not successful in retail.

Instead of giving financial services to the organization, instead of encouraging new investors and large numbers of retail and middle class people, they encouraged them to increase leverage and eventually be massacred.

It is ridicule that the memory of retail investors is only 7 seconds, but people of insight are at a greater level.

But it may be missing.

There may be loopholes in the establishment of various systems and tools in the market.

In theory, large data can be used to find all the main blowout points of all the financing discs accurately, so as to achieve more effective and minimal cost.

It can even be said that as long as the financing plate includes a stock pledge account, the number of households close to the closing point is not substantially reduced, theoretically, such a blast can continue until all the exploding ends.

I also want to ask, if some people really feel secure for such a collective massacre in order to achieve some purpose, perhaps no one in the financial market cares about morality and capital has a bloodthirsty nature.

But from the point of view of life, there should be a minimum baseline.

If the totem of faith is only money and power, how can people see hope?

I will always love my country, and I firmly believe that the power of justice will prevail.

At the market level, all the signs now show that it will enter a new regional balance.

The bottom of the market itself has been proved, and the index increase may not be too big, but the fluctuation will still be bigger, and the whole will enter a new operational period.

At this stage, the suggestion of this column is to make varieties with a total decrease of 70% or more, or a variety that has fallen to or close to 50% since 8.18 (after August 18th).

It is too early to talk about valuation repair. We can only correct the mistake of losing control of sentiment in the market.

The current reasonable interval of the gem index is 1500-3000 points. Giving such a large elastic prediction is the characteristics of its industrial attributes, and the price is now at the expected low point area.

Even after the late rebound, there is still a downward trend, and it has nothing to do with bubbles. It can only be the inertia of confidence collapse.

It is very complicated to determine whether there will be inertia in the later stage of confidence.

It can't be discussed at the moment.