Chapter 42 Margin Cover 104

The Shanghai Composite Index fell all the way from 6,124 points for a year, during which there was not even a decent rebound, which made the shareholders involved in the stock market lose money again and again. Everyone expects the policy to take action to support the stock market to reverse this bearish downward trend.

Originally, the policy of raising stamp duty was to remind the stock market of risks, but it became the last straw to suppress the rise of the stock market, and the market either did not fall, but fell for a whole year, and it has the meaning of catching up with the previous low of 998, especially the market is permeated with a bearish tone, and the pessimistic view even believes that the stock market is going to crash. This may have been something that the policy makers did not anticipate at the time. Managers may not have imagined that the seemingly bullish stock market is actually so weak that it falls worse than a mountain of defeat.

At the end of 2008, the share price of SAIC fell directly below five yuan, and it returned to the price near the original position of SAIC. Although he earned all these shares, the market value of the stocks directly shrank by more than 80,000 yuan, which made Zuo Yuliang directly lose more than 80% of the 100,000 yuan of the principal that he stayed to prepare as the capital for stock speculation. Although Zuo Yuliang's stocks are negative costs, the sudden drop in so much market value also makes Zuo Yuliang regret. 10,000 yuan is the sum of his salary income for two years at that time!

After learning from the pain, Zuo Yuliang began to re-examine his previous gains and losses in stock speculation, and truly realized that he could never take it for granted in the capital market, and he must have a heart of reverence for the market, and look at the rise and fall of the stock market objectively and calmly.

In the stock market, nothing is impossible. Rational judgment, rational thinking, and rational operation should always become the discipline of stock trading that you abide by. Overvaluation and undervaluation should be the only measure of one's own holdings and selling. As long as the ups and downs are too much, we must arouse our own enough attention and serious thinking.

At present, what makes Zuo Yuliang a headache is that the current valuation of Shanghai Motor, which has taken a roller coaster, is it overvalued or underestimated? After discussing it with his friends in the group, Zuo Yuliang has been thinking about this problem. To this end, he constantly collects and pays attention to relevant news about SAIC. It is expected that a reasonable conclusion can be found to support his judgment accordingly.

Sometimes things are like this, and the problem that outsiders can understand with a clear eye will fall into the vicious circle of the authorities. Once Shanghai Automobile was around five yuan, Zuo Yuliang thought he was a value stock, dared to buy boldly and held a position patiently, but now two years have passed, he has returned to the five yuan, but Zuo Yuliang has doubts about him and does not dare to buy it. It seems that man is a strange animal. Just like the goods in the market, the cheaper the goods, the easier it is to rot the street, and the more expensive the goods, the more people are sought. This is the so-called psychological circle of people who buy expensive and not cheap!

However, the money from value investment began to enter the market again when Shanghai Automobile fell below five yuan. The scene that Zuo Yuliang saw before appeared again, and every continuous buy order of 49 lots per minute began to enter the market again. And it was very ostentatious, even Zuo Yuliang was surprised. Neither more nor less, each buy order is 49 lots, and the buy is continuously and regularly entrusted.

This kind of buying went on for several days, and the money that opened the position did not seem to worry about revealing its intentions at all. It seems that there is really nothing new in the stock market! In fact, the main force of SAIC is constantly running the trick of buying low and selling high. Even if some people see the intentions of the main force, who knows when the stock price will rise in the future? Moreover, in the stock market, which has been falling for nearly a year, there are very few retail investors who actively participate in buying stocks. Even if you know that the main force is building a position, the funds in your hands are either set or lost, and there is no follow-up capital if you want to make up the position. This is the saddest thing about being a retail investor, when the opportunity comes again, there is no money in his pocket that can be used to make up for the position! The retail investor really can't afford to lose! Zuo Yuliang sighed deeply in his heart.

Fortunately, Zuo Yuliang still has 3,000 soldiers. This is the only spark that he may turn over in the future.

Buying a house for decoration, buying a car and learning to pay for the fee, spent all the money he earned in the stock market, and even some of his usual family savings were put into the house, and the monthly salary in hand was also responsible for the family's expenses, which made Zuo Yuliang empty of the negative, but he just had more than enough energy and was not enough, he really couldn't think of any other place to get funds to make up the position.

It seems that Shanghai cars under five yuan are really attractive. Otherwise, the main force will not blatantly enter the market for a second time. has no money, which makes Zuo Yuliang entangled day by day.

Just when Zuo Yuliang was entangled in his lack of funds to replenish his position, Zuo Yuliang's wife did him a big favor, she gave Zuo Yuliang 10,000 yuan, but asked to give her a year-end dividend. Zuo Yuliang is like meeting a savior, with this 10,000 yuan, he can make up 2,000 shares, and he can dance with Zhuang again. For this reason, Zuo Yuliang readily agreed to the conditions proposed by his wife.

In fact, for Zuo Yuliang, if he could have 1 million at that time, he would not hesitate to buy all of them in Shanghai Motor, because he tasted a huge sweetness two years ago.

However, at this time, Zuo Yuliang could only seize the opportunity to get rich brought to him by 5,000 shares.

When Zuo Yuliang fell to 4.8 yuan in Shanghai Motor, he bought 2,000 shares in time, plus his previous 3,000 shares, a total of 5,000 shares of Shanghai Motor.

As long as there is some earning, even if you buy an extra share, it is good. It can be seen that Zuo Yuliang is also greedy in his heart. The desire to make money made him not want to lose this opportunity to come again.

This is what stock speculators say, knowing that when the opportunity comes, they can't grasp it well. This kind of regret brings people not ordinary sadness!

Knowing that it is a great opportunity, but suffering from limited funds and not being able to hold a heavy position, this is what Zuo Yuliang deeply regrets, otherwise, he can achieve another brilliant life.

Good luck can't come every day, and this is also true for Zuo Yuliang. All the wealth that has been accumulated with great difficulty has been put into living and working in peace and contentment, which is the main reason why the lives of ordinary people are under pressure at present. Housing consumes the wealth that people have worked hard to accumulate for a lifetime, which is the price that must be paid if they want to live a stable life. As an ordinary person, being able to afford a house is already a great achievement in life. As an ordinary worker, can you expect other greater luxuries?

Although Zuo Yuliang is unable to reposition SAIC again, as a friend, Zuo Yuliang still posted his views on SAIC to the group, hoping to inspire others. Seize this rare opportunity.

"Today, I added 2,000 shares of SAIC, and I filled up 5,000 shares, and the value of SAIC below 5 yuan is definitely underestimated. Are you interested in buying some together?" Zuo Yuliang sent the news of the replenishment to the group.

"OK, I also bought it, 10,000 shares, this time I want to beat Brother Zuo. Strive to make a lot of money. Hu Weiyong sent a message and said.

It didn't take long for Cao Yinqiu to send a message.

"I also added 10,000 shares, and the loss of funds in the stock market left this little money. Woooooooo ”

"I also bought 5,000 shares, on par with Brother Zuo. I hope there will be a tenfold increase. Liu Pengfei also sent a message.

"I bought 20,000 shares at 4.85 yuan, and I will be the majority shareholder of SAIC in the future. Hahaha!" Li Ruyun also sent a message.

"It's a pity, I don't have the money to buy stocks, so I have to look at everyone's information in the group from time to time. Du Wenfeng also sent a message.

"I have a warehouse full of Wuliangye for 13 yuan, you drive, I drink, we compare with each other, and see who has more benefits when I see it." Chen Menglong also sent a message and said.

"Menglong bought Wuliangye, but reminded everyone to pay attention to our unique Chinese brand, we are not as good as foreigners in this regard. On the contrary, QFII funds hold a large area of such high-quality stocks. When it comes to value investing, foreign investors are indeed more far-sighted than we are. More of us are keen on speculating on concepts, junk stocks, and getting rich in the short term. Zuo Yuliang also sent a message and said.

"There's no way, if you buy this kind of stock, it won't go up! Speculating in stocks is really inconsequential just by relying on dividends! And after dividends, you have to ex-rights, where is there a fast way to speculate on theme stocks?" Li Ruyun said in a message.

The mentality of not being able to wait is doomed to make it difficult for retail investors to make money in the stock market. Zuo Yuliang continued to send a message and said.

"It's still the same old saying, frequent short-term speculation is to develop in the direction of the average probability of winning, and the winning rate is only one-third at most. Zuo Yuliang added.

"At the moment, everyone has basically bought Shanghai Motors, and in any case, patience is better than itching. Be sure to strengthen the belief in holding shares, and don't stare at the market every day. Liu Pengfei also sent a message.

"From time to time, I will post the recent policy news about the stock market to the group for everyone's reference. Liu Pengfei continued to send a message.

"Sometimes it's quite simple to think about stock trading, it's enough to buy and hold, and leave the rest to the market to operate! Zuo Yuliang sent a message and said.

"It's really a bit detached. It's not a joke that if you buy stocks and get caught in a prison cell for 10 years, you might get a fortune. Cao Yinqiu sent a message and said.

"Okay, everyone must unify their thinking, be patient with the stocks, and wait for the market to pick up! In the stock market, patience is productivity!" Zuo Yuliang continued to send a message.

"The stock index should have bottomed out, and the stock market policy has begun to heat up recently, and we may really be at a big bottom. Liu Pengfei sent a message and said.

After some exchanges, the good news is that they all bought Shanghai Motor, and inadvertently copied the bottom of the stock market in 2008, laying a good foundation for later profits.

This is what people often say: Three stinkers beat Zhuge Liang! Now they are seven stinkers, far better than Zhuge Liang in the stock market!