Chapter 84, crazy temptation

At the end of 2017, when Zuo Yuliang and his team threw away Wuliangye, the index set off a strange upward trend when it just entered the 2018 New Year. Zuo Yuliang clearly remembers that this wave of rise, the bulls seemed to have received the order to pull up, first quickly launched the rise of large-cap stocks in the first word, the rise was rapid and sudden, within a few days, the stock prices rose sharply, and even Zuo Yuliang felt that this market was rare.

When the rise of China's top stocks drove retail investors to chase up from small and medium-sized stocks, the hot spots turned to steel and resource stocks. It was another wave of rally concocted in the same way, which once again dried a group of stockholders outside the threshold of the bull market. When the resource steel sector rose huge within a few days, brokerages and bank stocks carried the banner of rising again, and it was still a large and sharp short market. However, most of the retail investors and institutions who are deeply involved in the theme of small and medium-sized start-up stocks only have a look, but they have not experienced the happy taste of the rise of the stock index at all, and it is another wave of market that makes money on the index but does not make money.

This is too awesome to be the main force of longing, and it has actually avoided retail heavy stocks, and also avoided many funds with heavy stocks with heavy positions, this is really a wave of divine operation! Zuo Yuliang looked at the stock index that was rising day by day, and he couldn't figure out what the reason was. It's just that he thinks that this kind of large-scale short-forcing market for no reason must have a different kind of giant monster in it.

It wasn't until later that it was rumored that this wave of divine operation was a collective inducement of over-the-counter industrial capital to rise the shipment market. Under the nose of the management's serious supervision, such a huge wave was really an extraordinary amount of money? Zuo Yuliang later sighed.

It was this wave of blue-chip stocks dominated by the SSE 50 that drove the market to rise by nearly 200 points in a month. Some individual stocks have even doubled, and the most awesome thing is that this wave of market has continued until the day before the Spring Festival break of the stock market, and it has been rising.

This bull market atmosphere forced retail investors who couldn't bear the loneliness to adjust their positions and exchange shares, and strive to take the express train of this bull market before the year. However, when everyone reached out to buy the 50 index stocks they saw in their hearts a year ago, the market trading on the first day after the end of the market closed changed the previous style of surging and shorting, but converted into a plunge, basically a daily limit of 1,000 shares.

After the New Year, there was a 180-degree turn, which was not expected by all the shareholders who bought stocks a year ago and were ready to do a big job after the New Year. This method of killing the 1,000-stock limit has mercilessly put many retail investors on the stock index highs at the beginning of the year. The long funds that entered the market before have obviously withdrawn from the market a year ago. Therefore, no matter how powerful the speculators in the Chinese stock market are, in the face of the rise and fall of the stock market that is difficult to judge logically, even if you have great ability, you have to honestly lose money.

It's a good idea to have a prescient fund, it's too good, Zuo Yuliang really admires the five-body projection. What is the god of stocks, in front of these funds, they are all pediatrics!

Fortunately, Zuo Yuliang did not open a position, and he was still waiting for Wuliangye's callback to bottom out. This made him lucky to avoid this rapid wave of falling market. In fact, Zuo Yuliang's early experience in stock trading told him that once he threw away the stocks in his hand, he should not be in a hurry to open a position again. At the very least, he will not be able to enter the market again until his "Symmetry Theory" suggests that there is a low point. However, the sharp rise and fall of the stock market this time also gave Zuo Yuliang a lesson in investment risk.

No wonder it was later said that a bull market kills people better than a bear market! When all your vigilance is replaced by fanaticism, you are not far from losing money. Zuo Yuliang didn't know which master's quotation this was, but Zuo Yuliang knew that the person who said this must have suffered a big loss in the stock market. These are all sobering words from the stock market, which are full of pain! They are all surprises in the stock market!

However, Zuo Yuliang's QQ group is already full of grief.

"Years ago, when I was riding on the back of a cow, I regretted not controlling my hands, and I bought 10,000 shares of Sany Heavy Industry for 10 yuan, and now it has been nearly 30 points in less than two months.

"There's no way, the main funds of the big rise a year ago are doing a great job? This wave of market is not just our retail investors! It is estimated that even the funds are not sure, this time the funds are not ordinary, and the sense of smell is beyond imagination!" Zuo Yuliang said in a message.

"It is said that it is a huge wave set off by industrial capital, but the prophetic funds took the lead in reducing their holdings at a high point. It is estimated that after the year, the industrial funds will also begin to be withdrawn, but we retail investors have not reacted. Liu Pengfei sent a message and said.

"Pengfei, according to my understanding, these big funds enter the market with a policy background, Pengfei, can you analyze the policy logic behind the rise and fall of the market!

"Okay, Brother Zuo, I mainly collected some recent policy news. Let's take a look. ”

"The biggest downside this year is probably to continue to clean up illegal leveraged funds in the market. According to analysis, the sharp decline after the year was mainly caused by the collective flight of leveraged funds caused by this policy factor. Second, the issuance of new shares continues to be normalized, and the huge pressure of new shares dammed lake continues to be digested. It is estimated that this is also a huge pressure on the rise of the stock index. In addition, the international environment is expected to deteriorate, and the Sino-US trade war may begin, which is also a huge uncertainty bearish, which will suppress the stock index at any time. Since March, this is the main bearish policy I have collected about the stock market. Let's analyze and analyze what conclusions are good to guide our operations this year. Liu Pengfei sent a message and said.

"The rise and fall of the market, in fact, as long as you pay attention to the dynamics of the stock market, judging from the news you sent Liu Pengfei, the stock index is very suspenseful this year. I judge that it will fall for at least half a year, compared with the trend of our stock index in previous years, the first half of the year fell, and the second half of the year rebounded. Now is not a good time to buy stocks. Since the beginning of the year, the reason why the market has plummeted is that the main funds in the market are out of the market regardless of the cost, so we naturally have to stay away, and our little money is not even qualified to be cannon fodder. It's better for everyone to watch more and move less. If you want to buy stocks, you have to get a little money to play, and you can't take it seriously. Zuo Yuliang sent a message and said.

"Brother Zuo, the problem is that I have already bought Sany Heavy Industry with a heavy position, so what should I do?" Hu Wei asked anxiously.

"There is often a rebound after a sharp fall, I think let's wait and see, anyway, it's already trapped, just focus on it!" Zuo Yuliang sent a message and said.

"What if the stock index continues to fall?" Hu Weiyong asked again.

"I really can't help it, so I have to cut the meat!" Zuo Yuliang said in a message.

"Then tens of thousands of them will be wiped out?" said Hu Wei in a somewhat lost message.

"Anyway, Wuliangye has already made money in front of me, so I will lose a little bit this time!" Du Wenfeng said in a message.

"Lao Du really doesn't have a backache when he stands and talks! That's real money?" Hu Weiyong said a little impatiently when he sent a message.

As for my opinion on the market, it is also my own guess, and it may not be true that it is going to happen, so don't worry!" Zuo Yuliang sent a message and said.

"Why did the main forces go long like crazy that year? Could it be that they were just for the big drop after the year?" asked Hu Weiyong in a message.

"I judge that this is the main force's conspiracy, openly creating the illusion of a bull market, luring retail investors and some large funds to follow the trend into the market, and then take the opportunity to start a large-scale reduction of holdings. This is a bureau jointly made by industrial funds. Reducing holdings and cashing out is their main purpose to pull this wave of market. Zuo Yuliang sent a message and said.

In addition, every time the market fell a year ago, the national team would rescue the market in a timely manner, which also misled many long funds, which formed a vigorous rush to raise funds and do long market years ago. This further stimulated the desire of major shareholders on the market to reduce their stock holdings. Liu Pengfei sent a message and said.

"But this shouldn't be the main reason for the stock market to fall after the year! With only one holiday, will the long-term attitude of industrial capital change 180 degrees? I don't believe it?" Chen Menglong said in a message.

"I judge that it is the foresight that the funds are the first to go out, and it must be those funds that can be the first to approach the policy level are retreating, and they must have smelled the huge risk of the future deleveraging policy and started to reduce their positions. Otherwise, it wouldn't have fallen so sharply. Zuo Yuliang sent a message to analyze.

"There is also a huge amount of pressure on new stock issuance, anyway, it seems that the market in 2018 is not much better. Liu Pengfei sent a message and said.

"From the perspective of my symmetry theory, taking Wuliangye as an example, the main ascending stage lasted for more than a year, and the corresponding adjustment would take at least a year or so. Don't buy stocks easily, if you want to buy, you have to buy high-quality stocks, the bull market is heavy, the bear market is heavy, there is still some reason. The more good stocks fall, the more valuable they become, and they are relatively more resistant to declines. Zuo Yuliang sent a message and said.

"Also, there is an unwritten saying in the stock market that the opening of the new year is falling, and there is a high probability that the whole year will be mainly down, on the contrary, it will be mainly up. Nine times out of ten this year, it is going to fall, because this year is the opening of the market and plummeted! It is very different from previous years, so we should be careful. Zuo Yuliang sent another message and said.

"Brother Zuo, do we have to wait patiently when we have an empty position?" Du Wenfeng asked in a message.

"Yes, when the situation is uncertain, do not enter the market, there is no big policy benefit, the policy does not encourage long and do not enter the market. This is the basic principle of entering the market when I look at policy stock speculation. Zuo Yuliang sent a message and said.

The stock market is so ruthless, and the crazy temptation of the main force year before 2018 has drawn a big bull market pie for the killing of retail funds in this year. In the following year, the stock market has been falling and falling, and this year's gloomy decline has put all the bullish funds that were originally pinned on the new stock market to bring a wave of super bull market to the top of the mountain. Completely changed a group of middle class in the stock market from camels to cattle and sheep. A number of private placements of free capital that are still on the scene have fallen to the brink of bankruptcy.

In the process of killing and falling for nearly a year, what retail investors can do is either flee the stock market or cut the meat and stop the loss, which is the tragic result of the bull market.