What scares me
Wednesday, July 8, 2015
Shanghai Composite Index 3727.13, -48.79, -1.29%!
Heavy 100% down 10.00%!!
More than 1,600 shares in the two cities fell to the limit!!
The futures index fell again at the end of the IC four contracts!!!
The Hong Kong Hang Seng Index closed down 1% yesterday, and the China Enterprises Index closed down 3.14%!!!!
Global stock markets fell !!!!!
A shares, no down, no down, no down!
A shares, the ticket value of each share is one yuan, theoretically, theoretically, it can fall below one yuan!!
Even with such an extreme decline, each individual stock still has a lot of room to fall!!
Today, the "spectacular" spectacle of the A-share crash is reminiscent of the global financial turmoil triggered by the collapse of Lehman Brothers in 2008.
15 September 2008
The Dow Jones plunged more than 500 points. The S&P is down nearly 5%!
China: Bank stocks plummeted, and the Shanghai Composite Index fell 93 points to 2000 points!!
The once-in-a-century world financial crisis has actually been encountered by you and my stockholders. !!
The theory of stock market crashes around the world has spread rapidly with the stock crash!!!
Shareholders who stuck to the last minute were out of the game at the last minute!!!!.
On September 19, 2008, China's bailout policy was announced. Platform.
The two-way collection of stamp duty is unilaterally levied by the seller!
Central Huijin will purchase the workers in the secondary market independently. Middle. Jiansan Bank stocks!
For the first time in history, the SASAC has taken the form of answering reporters' questions on the homepage of its website. Encourage major shareholders of state-owned enterprises to buy back the company's shares!
The stock market has been stimulated a bit, and the A-share opportunity is up and down!
But only a week later, A-shares fell again and quickly fell to a new all-time low of 1664.93.
At this time, the desperation of A-share shareholders can be imagined, and they have shrunk the K-line of the stock to the minimum to find the historical low point of the stock. Almost every desperate retail investor has become a zombie in the stock market with a desperate mentality, and many retail investors around me have only opened their accounts again for many years after that, until this year. They have since withdrawn from the Chinese stock market, and the fate of the second generation of retail investors has ended in this way.
This year, this leverage is rarely used by our generation of stockholders, because we have experienced those desperate days and have deep fear and fear of the stock market. I thought that I would never encounter the more frightening and desperate financial crisis of 2008 in the future, but unfortunately, in my stock market career, I encountered it again.
In the past bear markets, each stimulus policy came out. After a week of trembling, the stock market will return to its original downward trajectory. Until the bulls are completely desperate, a wave of market will quietly set sail amid the controversy over whether to rebound or reverse.
Today's market, can not be explained and explained by the past experience, can not be predicted by the past experience, it is conceivable that as long as the stock market is still falling, the government's bailout policy will be endless, but this year's bailout policy did not play a role for more than a day, the day will be invalid, which is unprecedented before. This uniqueness has accelerated the spread of panic.
What scares us?
It is the strangeness of this market, the neglect of retail investors' demands and the trampling of the bottom line!
To get back to the point, what should we do in such a frightened situation?
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