Ultimate Individual Investor

The author is an old stock market investor with 17 years of experience, writing this novel in their spare time. I have personally experienced the super bull market of 2005-2007, the major bull mark...

Chapter 219 3000 points finally broke again

Chapter 219 3000 points finally broke again

Wednesday, March 27, 2024.

The Shanghai Composite Index opened low at 3026.81 points, and then continued to fall, slowly sliding towards 3000 points, reaching a low of 3008 points.

In the afternoon, at 13:30, the Shanghai Composite Index suddenly rose and turned positive, but then fell like a waterfall, directly breaking through 3000 points and closing at 2994.78 points. The ChiNext Index plummeted 2.81% and closed at 1789.82 points.

3000 points was finally broken again.

Both old and new stock investors breathed a sigh of relief.

Everyone breathed a sigh of relief.

"Kill them, kill them as hard as you can, kill them TNND, kill them to create a future." In the VIP room, a stock investor yelled curses, venting the anger in his heart.

Indeed, since the beginning of this year, the surrounding stock markets, whether it is the Japanese stock market, the Indian stock market, or the US stock market, have all set new highs and have been rising steadily, only the A-shares have been falling continuously.

Just as it climbed out of the pit of more than 2,600 points and reached 3,000 points, it fell again within a few days.

"A hopeless loser!" Old Liu slammed his fist on the table in frustration. He gazed at Luoyang Molybdenum, the stock he'd bought at a high price, feeling guilty. He wondered, "Will it follow suit? Oh, if the market keeps going down, wouldn't it be like a guillotine?"

After thinking about it, he thought to himself, "Forget it. It's just a small position, so the loss won't be that big. It's been going against the trend these past few days, which means that funds are flowing into this stock. It's definitely right to follow the main force!"

Xiao Bo looked at the market, then at his own holdings, and wavered in his heart. He thought to himself, "I didn't expect the market to break through 3,000 points again. I'm still making a lot of money. Should I lock in my profits? If I don't sell, what if it drops to over 2,600 points?"

He hesitated for a while, then thought, "There's no chance today. Forget it. I'll sell a little more tomorrow and see how things go. I'll just hold on to the fruits of victory first."

Old Chen was even more flustered, hesitating, "What should I do? What should I do? It's broken 3,000 points again..."

"Should I fight it out or run away first?"

He stared at his holdings and the market for a long time without saying a word.

In today's market, gold and copper stocks performed strongly, Luoyang Molybdenum Co., Ltd. hit a recent high, Zijin Mining Co., Ltd. rose by more than 2%, the kerosene and banking sectors weakened, the liquor and real estate sectors took a day trip, and theme stocks retreated across the board.

On the news front, the China Securities Regulatory Commission issued two important news items in succession yesterday.

First, we must deepen the special campaign to combat corruption in the field of securities issuance and review.

Second, we must eradicate the soil and conditions that give rise to corruption in the capital market and strengthen the high-pressure situation in combating corruption.

The trend of strict city governance is getting stronger and stronger.

It is conceivable that during the next period of strict regulation, speculation by hot money should be slightly restrained, and speculative stocks need to be particularly cautious.

In addition, there was another piece of news that caught Li Feng's attention.

That is, Serbian President Vucic said on the Internet media, "It is difficult to say what news we have received in the past 48 hours," and said that Serbia will face "the most difficult challenge so far."

As we all know, Serbia is a friendly country to my country. Over the years, it has been directly and indirectly excluded and sanctioned by the EU. It is surrounded by EU member states and its geographical location is very bad.

Needless to say, it is the EU that is causing trouble again this time.

Think about what happened in Pakistan a few days ago, think about the Russian concert hall incident, and think about the Russian Bird War.

Li Feng felt a dark cloud of war slowly covering the sky.

The shadow of this war was so huge that it spread and slowly covered every corner of the world.

In the Middle East, the United States retreated from Afghanistan, Saudi Arabia and Iran reconciled, the Israeli-Palestinian conflict continued, and the Houthi armed forces blocked the Red Sea shipping lanes;

In Africa, with the support of the Russian African Corps, Mali, Burkina Faso and Niger withdrew from the Western Commonwealth. Niger first expelled the French army and then abolished the US military agreement.

once Upon a time,

After World War II, the United States and Russia joined forces to dismember Britain's global colonies, indirectly promoting the liberation movements of major nations in Asia, Africa and Latin America. A large number of countries took the opportunity to liberate themselves from colonial oppression.

Back to the present,

I believe that with the gradual decline of the United States and Europe, more and more power vacuums will appear in Asia, Africa and Latin America, and more and more countries will continue to break free from the soft colonial world established by the United States and Europe.

For example, Mali, Burkina Faso and Niger in Africa are breaking away from French control.

Even Japan, South Korea, and Germany will break away from the control of the United States one by one in the future.

A global change in spheres of influence is imminent.

It can be imagined that the process of this struggle will inevitably be accompanied by war and gunpowder smoke.

Therefore, we must be sufficiently vigilant towards companies whose mineral resources are in unfriendly countries.

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