Chapter Seventy-Five, Reflection on Killing and Falling

With the continuous enhancement of the policy rescue efforts, the stock index finally stopped the continuous plunge, and the stocks that continued to fall the limit gradually opened the fall limit. At this point in stock speculation, making money has become a secondary thing for them, and saving their lives has become a top priority.

However, the flight of a large number of retail investors has caused the stock index to turn from a sharp decline to a negative fall, just like cutting meat with a blunt knife and boiling a frog in warm water, making people suffer greater losses unconsciously. This kind of constantly falling market has greatly hit the confidence and enthusiasm of shareholders to hold shares.

As a result, as long as the stock price rebounds, the funds fleeing are higher and higher. After each rally, the stock price also continued to fall, looking down for new low support. A number of stocks have fallen to the warning line of major shareholders' mortgage financing, and the market is in a rumor again.

As a result, in order to protect themselves and ensure that the stock price does not fall below the mortgage financing price, major shareholders have taken the initiative to suspend trading. For a time, another kind of landscape appeared in the market, and dozens or hundreds of companies took the initiative to hang out the war-free card to stop trading, and played the game of suspending trading to avoid the stock market crash.

Even the Wuliangye stock that Zuo Yuliang and the others bought was suspended at the end of July. There are really special methods in special times. The stock market crash in 2015 was not an ordinary big deal, but it shocked the entire financial system and top management. And all of this is the fault of leveraged financing.

If there is a problem with financing, the next step will inevitably be to settle accounts after the autumn, so the stock market is starting to have a worse time. The high-level action of cleaning up the high-leverage and high-proportion illegal financing made the stock index continue to fall sharply and continuously in August, and the stock market then set off a wave of falling limits, which fell for a full week, and the market stopped falling again.

Just as Zuo Yuliang lamented the tragic scene of the stock index, there was a discussion among the stockholders in the group.

"Brother Zuo, the Wuliangye we bought has also been suspended! Hu Weiyong sent a message and said.

"I also noticed, fortunately, the trading was suspended, otherwise, this wave of killing and falling would not be avoided!" Zuo Yuliang said in a message.

"It's really over now, I just grabbed a stock, and I was dropped three more down limits, I'm really speechless. Li Ruyun sent a message and said.

"There was a wave of slaughter and falling, and the camel fell into a horse, and this time the horse became a sheep. Can this stock still be speculated?" Cao Yinqiu complained in a message.

"I lost 500,000 yuan in 600,000 principal, and I even have the idea of jumping off the building, shit stock market, it's not shallow!" Li Ruyun sent a message and cursed.

"There is always a trap and routine that is suitable for you, we have been trading stocks for so many years, and for the first time we have encountered a new thing like leverage, others have played, made money and ran, and we retail investors have become the biggest victims. This is really, if someone else commits a crime, we will go to jail!" Chen Menglong also sent a message.

"Don't think about buying stocks recently, all the participants in the stock market are already frightened birds, as soon as there is a bearish, there will be an irrational killing! From my cycle theory, this wave of rapid killing, at least it will last for ten months! That is to say, from June, at least until March and April next year, it is estimated that the real support can be probed, I judge that it is at the neckline position of the start of this wave of market, about 2600 points. Zuo Yuliang sent a message and said.

"Brother Zuo, has the stock market as a whole begun to embark on a long bear road?" asked Hu Weiyong with a message.

"It is estimated that it will be at least four to five years, and now the stock index is walking on the downhill road, according to the evolution law of killing and falling, it must be fast first and then slow. The general rule is to kill the fall and rebound, then kill the fall, and then rebound, the high point is getting lower and lower, and the low point is getting lower and lower. At present, the stock index is in the stage of rapid decline and rapid rebound, and then there is a stage of slow decline and stabilization, and then there is a long-term narrow sideways stage. From about 2014 to 2020, this wave of ups and downs will be completed. Zuo Yuliang sent his guess and judgment to the group.

"Four years of bear journey, then isn't it a long way for us to untie the trap?" Li Ruyun said in a message.

"I estimate that stocks worth a few tens of dollars will fall to the point where not even a fraction of them are enough in the future. For example, if you buy Lehman Optoelectronics for 57 yuan, it is estimated that after five years, even 7 yuan will not be enough. Zuo Yuliang sent a message and said.

"You're not so pessimistic, are you?" replied Li Ruyun by message.

"Those stocks are all conceptual speculation, and they have risen to the sky, and now the stock price is coming from the world! It's going to fall at least ninety points, right?" Zuo Yuliang said in a message.

"The 5,000-point bull market is over in three months, and you say how great the power of Chinese stockholders is! It's a pity that once it reaches a high point, there are policies to suppress it, and there are major shareholders who have made profits and reduced their holdings, and it is not easy to say that we love you! We are making contributions to the country by speculating in stocks!" Liu Pengfei said in a message.

"Every shareholder should be given a stock speculation loss award, rewarding everyone for unswervingly paying taxes for stock speculation, and without complaint, saving money to raise major shareholders into billionaires. But he endured the torture of being trapped. Hahaha. Zuo Yuliang sent a message and said.

"Brother Zuo, don't make fun of us, I think I still followed you to operate at the beginning, but I made a lot of money, and now I have all returned it to the market!" Li Ruyun said in a message.

"What you think about every day is to make money every day! Originally, the stock market is a slow work, but you insist on working hard, which is contrary to the practice of gathering wealth!" Zuo Yuliang said in a message.

"Right now, I've all pleaded guilty and cut the meat out, and I still have less than 100,000 principal. According to Brother Zuo, what should we do next!" Li Ruyun said in a message.

"At least three months later, you can't buy stocks, take a break, when will you wait for luck, when will you enter the market again!" Zuo Yuliang said in a message.

"Woo woo, when will this loss revenge be avenged!" Li Ruyun sent a message with some frustration.

"When you don't have hatred in your heart, then consider buying stocks! Otherwise, if you speculate in stocks with a sense of revenge, you will lose even worse." Zuo Yuliang continued to send a message and said.

"Brother Zuo, do we want to find other stocks to pay attention to now?" asked Hu Weiyong in a message.

"Anyway, Wuliangye has been suspended, which is a great thing! It shows that the major shareholders involved in Wuliangye are not willing to watch the stock price fall irrationally. In other words, at present, the stock price of Wuliangye is the position recognized by the main funds, so we will wait patiently! After this wave of panic and fall calms down and the market stabilizes, it will not be too late for us to act!" Zuo Yuliang said in a message.

"It's better not to buy it, the bull market has not kept the fruits of your victory, do you think you will make money in the bear market? Hu Weiyong, don't overestimate your ability!" Liu Pengfei said in a message.

"Pengfei has a point, I agree, for now we will all wait patiently, and do not participate in the trading of stocks. Zuo Yuliang sent a message and said.

"It's better to go to work with peace of mind, earning a little salary to support your family is the most correct, and wanting to make money in the Chinese stock market has always been an ideal dream. Chen Menglong sent a message and said.

"Menglong, what you said is a bit absolute, under the guidance of Brother Zuo, won't a few of us make money?" Hu Weiyong said in a message.

"It's hard to come out of the ten!" Chen Menglong said.

"The main reason is that everyone is too anxious to speculate in stocks, and they don't know the art of waiting!" Zuo Yuliang said in a message.

"When you can't buy, you want to chase high, and when you can, you are deeply trapped, how can you make money?" Zuo Yuliang said in a message.

"Liu Pengfei and I have repeatedly suggested that everyone should have a moving average system that you can trust, but who else is applying it except for me who can strictly follow the seven moving averages we set?" Zuo Yuliang asked in a message.

"The three moving averages of 13, 34 and 55 determine the short-term trend of the stock price, and the 120, 240, 377 and 610 moving averages determine the medium and long-term trend of the stock price. This is something I have repeatedly advised everyone to follow. Zuo Yuliang continued to send a message and said.

"Once the 13-day moving average turns around, you don't want to think about buying stocks in two weeks, once the 34-day moving average turns around, don't think about buying stocks in six weeks, and once the 55-day moving average turns around, you don't think about buying stocks in three months. Zuo Yuliang said with a message.

"It seems that in three months we should not think about buying stocks. At the moment, the 55-day moving average has started to weaken. Hu Weiyong sent a message and said.

"Of course, the exception to grab the rebound is what I just talked about is the principle of medium and long-term holdings. Zuo Yuliang continued to emphasise.

"According to my symmetry principle, the market has risen for ten months from 2014 to the high point in 2015, which should correspond to about ten months of killing. In this way, the low point of Wuliangye should be in March and April next year, and there are still about eight months before now. During this period, I think everyone is still patient, right? Don't enter the market to buy stocks easily. Zuo Yuliang continued to send a message and said.

"Do you understand what Brother Zuo meant?" asked Liu Pengfei in a message.

"According to Brother Zuo's judgment, let's not die of sadness in the past eight months?" Chen Menglong sent a message and said.

"I mean the big bottom-buying opportunity, it should be in March or April next year. However, a small rebound, I still advise everyone not to do it, and you won't make money. Zuo Yuliang sent a message to explain.

"Brother Zuo, you might as well talk about it, why don't you do it again. Hu Weiyong sent a message and said.

"According to the wave theory, the stock index has only gone one wave and two waves to rebound, and the main three waves have not yet come! Besides, the bear market is grabbing a rebound, can you grasp the low point of the bottom? In my experience, it is very difficult!" Zuo Yuliang said in a message.

"The two-year bull market and the four-year bear market are really not Bragged by Brother Zuo! Liu Pengfei sent a message and said.

"I'll say it again, the bear has a long journey! If you've already lost money, don't do it!" Zuo Yuliang sent a message and said.

A killing and falling made several of Zuo Yuliang's stockholders completely lose their former ambitions, and they were discouraged one by one, and they fell into the pain of losing money.