June 29, 2015

When you hit rock bottom, lie down on the spot

Today's big rise fell 139.84, down 3.34%, with an amplitude of 10%; Chongbai fell 8.76%, down 2.85 yuan.

The market is so down that people are puzzled, so I deliberately looked for some famous blogs and came to a conclusion: inexplicable!

This round of decline, more than the ferocity of 530 that year, the market often fell to the limit of thousands of stocks, the scene was spectacular, and there was no decent rebound.

This round of decline, obviously attracted the attention of the management, the weekend rare announcement of the double general, the major media began to sound the stability of the voice, which makes people have to regret, if the management last Friday, issued some soothing words, instead of those high-sounding official words, Monday's situation, will it improve.

It's useless to come here, admit defeat, and complain about anyone.

Next, I asked myself what to do?

According to international practice, the stock market has fallen by 20% in a row, that is, it has entered a bear market, the deleveraging of funds, and the collapse of sentiment, even if the stock market will rise in the second half of the year, because the amount of funds is limited, the rise will be restricted, so it is necessary to significantly lower the profit forecast. Lowering earnings expectations helps you maintain a good mindset and a cool head.

In this round of decline, some people have predicted that A-shares may be sniped by international funds, and A-shares are internationalized, but the shareholders of A-shares have not yet been internationalized.

Foreign media exposed: "Bloomberg: China is considering suspending the IPO", from the past history, China's news has always been export to domestic sales, this news is very likely to come true, the past export to domestic sales of the news will often stand up to refute the rumors, and then after a period of time it will come true, I hope this time not so, directly come true, this will ease the stock market, I hope some individuals will not stand up and say something innocuous again, such as "stock market financing will not affect the stock market trend" "the stock market fell because of the previous rise in the market correction." Something like that. Give the capital market a chance to take a breather.

The China Securities Regulatory Commission has made a statement intensively, and accompanied by substantive actions, so the current stock market has reached the bottom of the policy, I believe in the strength of the management to concentrate funds to do big things, what I want to do is to lie down on the spot, in the financial battlefield filled with gunpowder, it is now the most difficult moment for the blood to flow into a river. Lie down on the spot and wait for the hardest moment to pass.