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 324: Give me a sweet date today, it’s still a long way to go before I can make a lot of money!
Thursday, October 10, 2024.
Jisilu temperature: 12.64, Shanghai Composite Index: 3277.69 points.
After two consecutive days of sharp corrections, the index fell directly from more than 3,600 points to more than 3,200 points, and market sentiment suddenly cooled.
The big hand glanced and the casino became deserted.
A major policy was released early in the morning: "Establishment of a facility for the exchange of securities, funds, and insurance companies" and "an initial phase of 500 billion yuan."
To warm up the place.
I guess many investors who are crazy about stocks have forgotten about it.
Although it was only for a few days.
Because, now all they see are the jumping red and green K-lines and the rise and fall of their own accounts.
There is still a lot they have forgotten.
For example, it is more than 500 billion yuan, and it is possible to increase by another 500 billion yuan in the future.
Also, "guide commercial banks to provide loans to listed companies and major shareholders for the purpose of repurchasing and increasing holdings of listed company stocks."
The first phase is 300 billion yuan, and additional funds may be added later.
Also, CZB will hold a press conference on the 12th.
This is human nature to chase rising prices and sell when prices fall, and to seek profit and avoid harm. It is also a taboo in investment.
At this moment, we should look beyond the short-term market and take a long-term view.
Standing in the present and looking into the future,
The day of making big money is still far away!
1. The invisible hands of China and the United States are waving repeatedly.
What we do here is loosen first, then tighten, and then loosen again, emphasizing the control from the heart, and we are determined to subdue the fast bull into a slow bull.
If you are a stock investor who wants to make quick money, just give up on this idea.
This is destined to be a path that goes against common sense and ZC's mentality, and it is also destined to be a difficult and even unsuccessful path.
Investing is not a momentary success, but a process.
It takes four seasons to complete the year.
To grow crops, you must first sow the seeds, then weed, raise the seedlings, and finally harvest.
Everything takes a process, don't be impatient.
You can't eat hot tofu in a hurry.
Those who are anxious often burn their mouths.
This is the rule.
Can't violate it.
The Americans can't hold on any longer. They first loosened and then tightened. I guess they will loosen again after the election.
You see, commodities have been fluctuating violently again these days.
However, no matter how much trouble you take, debts must be repaid.
Inflation and depreciation are the only ways to shirk debts and make profits at the same time. They are tried and tested and they work every time. Whoever uses them will enjoy it and no one can escape it.
2. The day of making big money is still a long way off!
If you don’t talk about making money, no one will watch it.
When it comes to making money, everyone loves to watch it.
The market has now passed the stage of general rise.
At this stage, there are very few people who really make a lot of money.
Even if you buy the bottom at around 2700 points, the profit is only a few dozen points.
With such a small profit, many people can't hold on and want to run away. It's a bit intoxicating.
In the long run, whether it is 2005-2007 or 2014-2015,
In that bull market, didn’t the index double?
Even in the bull market of 2020-2021, the index rose by 50%. Excellent individual stocks should have at least doubled, right?
Therefore, judging from the current index growth and the status of individual stocks, it is still too early for this bull market!
The real time to make money is in the second stage of the bull market.
At this stage, the elephants have stood up, supporting the index, warming up the market, and attracting a steady stream of funds.
Various funds began to play in this field,
I'll increase this sector and create this topic...
After a few months, he abandoned his old love and found a new one, then another sector rose and another topic was created...
In a few months...
Over and over again, the wheel goes on and on,
The stocks have become more and more colorful, and the stockholders have made a lot of money and are reluctant to leave.
As long as your performance is good, it will be your turn, and you won’t have to worry about lack of funds.
Who doesn’t like handsome men and beautiful women?
Now is the time to really make big money.
It’s a pity that those investors who are already trapped at the top of the mountain, holding stocks that reflect good performance, can only blow the cold wind and watch others put on a forced smile.
It’s the time, the situation, and the fate.
Fellow shareholders, it’s time to eat, drink, screw when you need to screw, and deliver electricity when you need to urge for more.
Let’s watch the show!
You see, just after I finished speaking, the chief of ZX said: "The second stage of the bull market is more suitable for institutional investors and may not be suitable for novices."
Indeed, in this bull market, everyone is a stock god.
Making money is a matter of course, not making money is a surprise.
Newcomers to the market can reap the benefits of entry simply by being bold.
It’s a pity, how many people can resist the greed in their hearts and get out of the bull market unscathed at the end of the bull market?
Today's market:
Today, after the Shanghai Composite Index opened at 3277.69 points, it began to fluctuate repeatedly, reaching a high of 3277 points (3.59%), and finally closed at 3301.93 points (+1.32%).
However, the market is extremely polarized.
Big players such as China Shenhua, Pingmei Group, Aluminum Corporation of China, Ping An Insurance of China, and Zijin Mining, traditional value and high-performance stocks, have begun to emerge.
China Shenhua once rose by more than 6%, and the coal sector led the entire market.
Institutions understand the trends best.
Slow bull is actually a bull in value, performance and valuation expectations.
It seems that the second phase of the bull market has begun slowly from today.
It is estimated that by the time the third quarter report is released, it will become an unavoidable topic in the market.
It’s a pity that those investors who entered the wrong market and bought the wrong stocks in the first stage of the bull market have made wedding dresses for others in vain.
Or you could say,
Sacrifice yourself to liberate others.
Otherwise, how can we say that the second phase of the bull market is not suitable for retail investors?
Because many retail investors were trapped in the first stage, and are about to sell their stocks at a loss in the second stage, chasing high-priced stocks, and then chasing those goblins, getting trapped and dying repeatedly.
A typical example is today's Oriental CF,
Yesterday, the trading volume reached a high of 90 billion yuan, setting a historical high and also a record for individual stock transactions in the history of A-shares. I don’t know how many people happily gave their chips to the retail investors who rushed in yesterday.
Today, the true face was revealed, with the stock price plummeting in volume and closing down by more than -17.47%.
For stockholders who are stuck at 29 yuan, it will probably be difficult to get out of the trap in this bull market.
Bloggers have always been pessimistic about similar goblins.
The blogger believes that for those careless and misguided stock investors, this bull market has just begun and it has ended.
The stock market is so cruel and ruthless.
Shareholders exchange:
1. "Chen Xiaotian": "Ouch, I opened a small account. I used 0.50% of my position to speculate and lost money."
Speculation is not easy, and most people don’t have the talent for it.
In other words, the vast majority are not suitable.
Therefore, bloggers never advocate it, and even oppose it.
2. "Hidden Car behind the Horse": "I feel a little sour today. What do you think of the non-ferrous metals in A-shares and H-shares? Should there be interoperability?"
There is interoperability.
However, there are large, even extreme, differences between different varieties, which require careful consideration and distinction.
Or in other words, the blogger believes that there will not be a bull market in some varieties in the future, while there will be a bull market in some varieties in the future.
As for H shares or A shares,
The blogger prefers A shares.
Because there are enough leeks here.
This also means that in this game, your opponents have more cards, and it is easier for you to advance and retreat.
The risk is relatively small and the return is relatively large.
3. "Xia Tong from Changning": "Even Buffett doesn't dare to buy technology stocks."
Yes.
Being cautious and conservative is the key to long-term survival in the stock market, and it is what the blogger has always insisted on.
This can be seen from the blogger's previous holdings.
Unfortunately, around August, the blogger divided part of his positions and entered the smart car positions with relatively high price-earnings ratios.
From now on, the previous conservative and cautious strategy is still better.
The future is also unknown.
4. “Chen Shiqi”: “The new leeks that were harvested today are here to report.”
If you are cut a few times, you will become an old leek.
If you are a new stock investor, it is recommended that you invest a small amount of money to play around and accumulate some experience. Don't think about how much money you can make in this bull market.
We must not be greedy and use borrowing or leverage to enter the market.
That is the way to death.
Because, it takes at least five years for a qualified veteran stock investor to get started, ten years to become a master, and more than ten years to enter the market.
As a new stock investor, you should be more respectful of the market.
The stock market is not an ATM, it's more like a meat grinder.
The stocks here are not beauties, but more like fairies.
You are not Tang Monk, you can't help it and you can't escape.
5. "Little Wang Yaya": "The fall of Chang Anjin, the former chairman of JAC Motors, will it have an impact on the future?"
These are all small things; the key lies in future performance.
I have thought about the smart three-wheeled vehicle many times and have studied and observed it for more than half a year.
During this period, I adjusted my portfolio and changed stocks several times.
There are gains and losses,
In the end, it was just a mess, with no loss or gain.
Nowadays, I still recommend playing it safe, prioritizing performance, having fewer fantasies and more certainty.
In a bull market, it’s okay to make less money, it won’t kill anyone.
6. "Lin Hao, who loves stir-fried meatballs": "How will this round of market movement unfold? Everyone says this round will be different from previous ones, but we don't know. Placing a bet and waiting until the end is still a swing trade. So confusing."
Each generation has its own god.
Similarly, every bull market is different, and the leading sectors are destined to be different.
Because the background of the times has changed.
For example, in the bull market of 1997, blue chip stocks represented by Changhong were the dominant force.
The bull market from 2005 to 2007 was a super bull market represented by blue chip stocks such as banks, insurance, securities, nonferrous metals, and shipping.
2014-2015, 2016-2017 were the bull markets represented by Internet+, real estate, liquor, banking and insurance respectively.
2020-2021 is a bull market represented by liquor, consumption, and new energy.
In this bull market, no one has the ability to predict the future. We can only predict in advance and bet on a few sectors with outstanding performance.
To increase your potential gains in this bull market.
There may be gains, there may be losses, but the ultimate goal is to outperform the index.
Don't be greedy.
After all, a bull market does not create wealth, it is just a wealth distribution machine.
If you are confident in your ability to trade in the short term, you can take out part of your position to give it a try.
But it is recommended to control your position and mentality.
7. "Chen Beibei who loves fried shrimps": "Can you tell me about the international situation? You said before that war would eventually break out, but I didn't expect that everything happens for a reason. Is it possible that the A-share market will explode and foreign funds will take over?"
These days, there is less attention paid to the international situation.
Because the A-share market is getting more and more lively, and there is no end to the melons to eat every day.
Also, I feel a lot more relaxed now.
In investing, the most stressful moment is at the end of a bull market.
Because you want to escape the top,
In other words, no one knows.
But, generally speaking, in this area, veteran stock investors all have this feeling,
For example, at the beginning of 2021, the blogger couldn’t sleep at night and was restless for dozens of days.
The next most tense moment is at the end of a bear market.
Because you want to buy at the bottom,
In other words, you need to discover and hold on to sectors and stocks with high risk-to-reward ratios and large gains in the future bull market.
But, no one knows where the bottom is.
However, in this area, generally speaking, veteran stock investors have this feeling.
Now, in the early stage of the bull market, it is the easiest time.
Because, for veteran stock investors, there is no need to worry about the macroeconomic situation.
The sectors and individual stock issues of the stocks held have been thoroughly studied in the bear market.
The worst moment is over.
All you need to do is eat melon and watch the show.
In a daze, today has passed again.
Friends who reduced their holdings, have you increased your holdings?
Friends who increased their holdings, have you reduced your holdings?
Regardless of adding or subtracting, the returns should be good during this period. The bull market is very generous.
While I'm happy, I'll also urge you to update your content and send more messages. Just click on it.