Chapter 239: A Dream of the Stock Market in Ten Years
What is the concept of 10,000 yuan households in 199o? At that time, a three-story building in a small county town might not cost 10,000 yuan.
Therefore, in the countryside, if any farmer gets rich by relying on hard work such as raising chickens and pigs, contracting land, etc., and becomes a 10,000-yuan household, it is necessary to wear a big red flower, and the leaders of the county government will personally present awards and commendations.
In contrast, the wages of people in the city at that time were very low, and it was a little difficult to be a 10,000-yuan household.
And Yang Lizhi just relied on the wealth left by his parents to buy 3,000 yuan of Shenhua electrician's stock, becoming the first person to eat crabs, but he didn't expect that on the first day of listing, the stock price more than tripled, making him easily a 10,000 yuan household.
But that's just the beginning.
Next, the Chinese stock market began its first bull run. From December 19, 199o to May 26, 1992, the Shanghai Composite Index rose from 95.79 points to 1429 points, and the Shanghai Composite Index increased nearly 14 times.
At the same time, because there were only eight stocks in the market at that time, and the bull market was opened, the stock of Shenhua Electric was rising every day, and it was immeasurable, sometimes only a few thousand yuan a day.
It has been slowly rising until May 1992, Shenhua Electrician began to strength, on May 21 and 22 of that year, Shenhua Electrician rose by 32% and 29% respectively, and began a gorgeous performance, which provoked a surprise from retail investors outside the market and began to pay attention to this stock.
At that time, there was no limit on the rise and fall, and the T+O system was also implemented, and in the huge fluctuations, a few were happy and a few were sad, but because the stock market as a whole was in a bull market at that time, retail investors were still making money in the past two days.
After that, the stock began to fall sharply, and the first bull run in the Chinese stock market came to an end. However, Shenhua Electrician's performance did not end. After a wave of declines. Pull up again. And on July 17, 1992, it reached the highest point, and the highest price on this day was 11,155 yuan according to the price of post-compounding.
Yang Lizhi is an honest man, he doesn't like speculation, and he doesn't like the speculation of stocks, and he helps his colleagues buy stocks that are rigidly apportioned by leaders, but also out of the psychology of doing good deeds. So after he bought the 3,000 yuan stock, he patiently continued to hide the pile of securities that made him famous as a 10,000-yuan account in the bottom of the box. I pay attention to the stock market every six months, which not many people pay attention to at that time.
It is precisely because of this character that Yang Lizhi has been covering the stock from 1oo yuan a share to tens of thousands of yuan a share.
When the current stock price was about 10,000 yuan, Yang Lizhi felt that his little heart could no longer withstand this crazy increase in wealth, and he thought to himself, since everyone is rushing to ask for this inexplicable stock, then let it be for them.
So Yang Lizhi cleared the stock around the price of 9ooo yuan per share and recovered 270,000 yuan in cash.
In just over a year, with a profit of 9o times, Yang Lizhi feels that this stock market must be crazy, and the place where it is crazy is very dangerous. You should go less.
Yang Lizhi stayed away from the stock market and bought two houses with the 270,000 yuan. A set of façade, also bought a taxi and asked someone to drive.
At that time. Sea taxis are still a rarity, and to be honest, very profitable.
And the façade is also more profitable, and the income is far stronger than that of Yang Lizhi's work.
As for the two houses, Yang Lizhi lived in one and rented out the other very cheaply.
At that time, Yang Lizhi's idea was very simple, and he bought a taxi to facilitate the travel of citizens. There are so few taxis in Hai, and rickshaws are still running all over the ground, which is really unsightly.
As for why you want to buy a house and a façade, it is because the government at that time advocated that it should be exhibited. In the real estate business, Yang Lizhi felt that he should be grateful to the government because of the stocks apportioned by the government, so he bought these houses and facades with the idea of sharing worries for the government.
Unexpectedly, these two houses and facades have appreciated dozens of times after more than ten years.
Even the taxi has been scrapped, but the license plate of the taxi has multiplied many times.
Yang Lizhi became a rich man and a master.
In short, Yang Lizhi bought 3,000 yuan of stocks and 30 shares of Shenhua Electrician in 199O, and basically earned the wealth that his family, including the next generation, needs to spend in their lifetime.
Because of this, Yang Qingyun became interested in stocks very early after hearing about his father's legendary experience.
After graduating from university in 1998, Yang Qingyun began to get in touch with stocks and was determined to rely on stock trading to achieve financial freedom in life.
In Yang Qingyun's mind, in a place like Shanghai, it is necessary to become a millionaire or even a multimillionaire in order to achieve financial freedom in life and become a well-deserved financial figure.
In order to achieve this goal, Yang Qingyun began to work hard to learn the knowledge and experience of stock trading.
However, at that time, there was no Internet, and most of the knowledge of the stock market that Yang Qingyun came into contact with was learned from newspapers and magazines bought from various stalls.
At that time, whether it was a securities newspaper or some dark horse cheats, it was more about the stock review articles, stock analysis and recommendations of some stock critics, as well as some mysterious and mysterious legends of getting rich in the stock market, such as how the old lady who sold tea eggs increased her wealth tenfold in three years. As for some technical indicators, most of them are the most superficial indicator usage, including some mysterious wave theories. Really useful technical indicators are not common.
And the most important thing is that it was a typical era of Zhuang stocks, where the market makers manipulated stocks blatantly and without scruples, and there were a number of large funds belonging to this department and that department.
What these Zhuang stocks like most is to ask the media to cooperate with them in creating false news in newspapers and magazines, or let all kinds of stock critics cooperate with them to wash or ship. When it is time to wash the dishes, it will release bearish remarks to induce retail investors to cut meat. When it was time to ship, let the stock critics put satellites and blow the sky.
At that time, the communication of shareholders basically relied on mouth.
Therefore, after Yang Qingyun learned to speculate in stocks, he also relied on inquiring about inside information to buy stocks, and formed such a trading habit.
In other words, Yang Qingyun has no independent judgment on which stock is good or bad.
For example, others say that the stock is doing well. Small cap performance. Next year's performance will rise. He felt good and immediately paid attention to it.
Others said that the stock was not performing well and was losing money, but the more this happened, the more likely it was to reorganize, and he also felt good and paid attention to it again.
And if someone sues him, the stock will rise from five to ten, because the dealer is the second brother-in-law of the granddaughter of his third master. Yang Qingyun immediately rushed in excitedly until he was trapped.
Ask the source again, and the person will say lightly that "the promotion plan has been leaked, and the dealer has changed his mind", which can make him have nothing to say.
Relying on this kind of inside information, Yang Qingyun has lost and earned, but on the whole, it is mainly a loss, in the past ten years, he has asked for 140,000 yuan of house rent from his father for 6 years, as well as his own salary income of nearly 100,000 yuan. All into the stock market, up to now. There are only about 60,000 left, and only a quarter of the loss remains.
Yang Qingyun spent ten years of stock trading career in a mess, and the results were very unsatisfactory, so he self-deprecatingly took the screen name of this "novice of the decade".
As for stock trading techniques? Some old shareholders said "technology is useless", which made Yang Qingyun believe it.
In addition, Yang Qingyun later learned some technical indicators, but now the bookmaker often operates in reverse, so he is even more disdainful of technical indicators.
It wasn't until today that he joined the miracle group under the introduction of his colleague Bao Erdan, and Yang Qingyun suddenly understood a truth in the exchange and discussion between Ding Xu and Qi Fei - the dealer can only cheat the line on the short-term indicators, and it is difficult to cheat the line on the monthly, quarterly or even annual line. And Ding Xu is right, technology is not omnipotent, but no technology is absolutely impossible, which is the same reason that if you want to drive, you must first learn driving skills, and if you want to practice medicine, you must learn medical skills, otherwise it can only be a road killer and a killer on the operating table.
After understanding this, Yang Qingyun decided to calm down, read more books and online articles, follow the footsteps of Ding Xu and Qi Fei, and strive to learn really useful stock trading techniques.
After Ding Xu said words of encouragement to Yuying and the others, calling on everyone not to give up and to work hard to achieve financial freedom in life by trading stocks, Yang Qingyun was excited for a while, so he began to communicate with Ding Xu, and at Ding Xu's request, he shared his story of trading stocks for ten years, but still the same as a novice.
After listening to Yang Qingyun's story, everyone sighed.
"A dream of the stock market once in ten years!" Qi Fei sighed again.
"I'll tell you a secret, in fact, except for the group leader, Lao Qi, guys and a few other people, most of us are almost novices! Also ten years novice this nature! "If you don't eat fat, you are comforted.
"Novice, do you think the main reason why you lost money is to listen to insider information and speculate in stocks?" Ding Xu pondered for a while before suddenly asking.
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(Brothers and sisters, we have a new high again, and today there are 18 new alliance leaders born, surprises, surprises, and touching!)
Heartfelt thanks to "netzt, dmxg521, rogue book lovers, unconsciously ~~, Mr. Harry, Yu Buddha Xiang, Old White Rabbit, Style Watchman, Yang Guangmingmei, Purple Heavenly Punishment, Bo Scoo, Bo da666, "Thousand Feathers, Feiyang", Dugu Yanke, Book Friend 14113o235132669, "Nan Zhao", these 11 hardcore book friends generously rewarded the alliance leader of this book, and welcome to enter the miracle group (alliance leader group) exchange.
Thank you for your support and love to me, according to the group of friends to build yì, December began, ask for a guaranteed monthly pass, everyone look at the ticket folder, if you have a monthly pass, give one, thank you.
Today, because of the addition of 18 alliance leaders, although some alliance leaders are not senior members, the system does not give monthly passes, but there are currently 1o7 votes, temporarily ranked 29th in the whole site, 5th in the urban classification, a good start, thank you very much, I hope this result can be maintained. I also hope that everyone is ready to reward the alliance leader, try to follow the instructions in the group announcement, after recharging on the first day, you will be promoted to a member will be rewarded with 100 yuan, and the remaining 9oo yuan will be upgraded to a senior member the next day or rewarded after the first v, you can guarantee 9 monthly passes.
Let's talk about the big picture.
Last night mentioned: "The current Shanghai Index, has broken through the original rising channel, although November rose a little too fast, early December is estimated to have a certain amount of adjustment pressure, but in the short term is expected to take advantage of inertia to fly a little longer, rush to the 27oo point mark." Moreover, the medium and long-term are still optimistic, and the cross-year market is still continuing. ”
Today, the Shanghai Composite Index really hit the 27oo point mark, reaching a maximum of 272o points, and the Shanghai Composite Index turnover once again stood at 400 billion.
According to statistics, the balance of margin financing and securities lending in the two cities has exceeded 8ooo billion, which is also one of the reasons why the short-term market has continuously created a large amount, because the capital leverage has been amplified, and the income has also expanded.
After today's new high, there were four waves of fast dives in the intraday, proving the adjustment pressure I mentioned yesterday. Of course, it is expected that the intraday adjustment will be the main thing in the near future, even if it plummets in a single day, that is, a matter of one or two days, it can go up again.
Of course, it's still an old story, the index boom can't hide the embarrassment of investors making money on the index and losing money, with more than 3oo rising and more than 6oo falling in Shanghai. More than 5oo rose in the Shenzhen market, and more than 12ooo fell. That said, more than 18oo stocks are down today, and most investors are another bleak day.
If you analyze from the technical indicators, the indicators of each cycle of large-cap stocks, including the weekly and daily lines, have not yet formed a top structure, and there is no top structure for the 6o minute line, 3o minute line, and 15-minute line, so I have recently continuously judged that large-cap stocks are in the process of rising, and the short-term rise is fast, and the adjustment strength is weak. But there is no need to go now, just continue to wait for the steel sector to make up for the rise. Because he is likely not to adjust, but to use a sideways instead of adjustment, if you choose to go out, when the time comes, you will chase or not, you will be entangled, so more than less move.
For small-cap stocks, although there was a big rise last year, I think there are at least short-term speculative opportunities like yesterday, because at present, only the small and medium-sized board index has no new highs, and related investment targets can still be considered.
For example, the two small- and mid-cap stocks that I studied over the weekend in which private funds have been heavily involved, and the two graded funds that I studied this morning (to popularize science, graded funds such as securities B, military B, and resource B are not B shares, but can be freely traded like ordinary stocks), both of which were announced in the miracle group. One of the mid-cap stocks, which fell in the morning, rose more than five points in the afternoon. Another graded fund, which fell by more than three points in the morning, rose by more than six points in the afternoon.
Therefore, this kind of decline that can be judged as a market maker wash is actually the main force to send red envelopes, and it is laughing.
Congratulations to the group members who bought it.
There is also a graded fund that has been pulling back today, and I bought some at the end of the market and waited for the subsequent pull-up.
The last private fund intervened in nearly 4oo shares of Zhejiang. Jiang chemical fiber stocks, today has been pretending to be dead, down three or four points, this is actually the main force to send red envelopes, because this stock is now less than half of the market price, and benefit from the continuous decline in oil prices, after doubling the continuous adjustment of nearly 3o, now continuous contrarian shuffle, this is not a red envelope? Buy decisively.
Stock speculation is like this, buy in the wash and adjustment, buy when it rises, buy low and sell high to make money, not the other way around.
We must overcome the retail syndrome in order to get the profits we deserve.
I wish you all to continue to make big profits and continue to enjoy the joy of the bull market. (To be continued!)
Tips: The new domain name "biquge.info" has been launched by Biquge, and the original domain name is about to be discontinued. Please tell each other, thank you!