Chapter 393: Faith is More Valuable Than Gold

On February 2, 2009, the first trading day of the Year of the Ox, the Shanghai Composite Index opened higher at 2008 points, seemingly to commemorate the past year's great bear market. But soon after the market opened higher, it immediately began to dive into the green, which made shareholders sweat, worried that the good start of the Year of the Ox would be gone.

Fortunately, after the dive turned green, with the strong rise of the gold sector, the market rushed higher again, and it happened to stand at 2,000 points at the end of the morning, an increase of 0.40%.

There are rumors in the international market that the Chinese government is buying gold on a large scale, which has stimulated the rise in gold prices, and A-share gold stocks have risen sharply as a whole, which has played a protective role. In addition, the central government issued the No. 1 agricultural document, and the related benefits of agricultural policies have also stimulated the collective red plate of agricultural stocks.

It's just that although Zijin Mining and other gold stocks have strongly sealed the daily limit, CICC Gold has always fluctuated around 39 yuan, and the average price that Ding Xu bought for the Tang family was 39.18 yuan, so it has been on the verge of continuous conversion of profits and losses, which made Ding Xu a little nervous. After all, chasing high at more than seven points like this is also the first time for Ding Xu, and he is used to lurking in the low position in the past.

"If you lose the first battle and lose the first battle, how should you explain it to the Tang family?" Ding Xu beat a drum in his heart.

Fortunately, after the afternoon open, the market fluctuated upwards again, and finally the Shanghai Composite Index closed at 2011 points, up 1.06%, closing out of the Year of the Ox.

And CICC Gold finally hit the limit again at half past one in the afternoon, although it repeatedly opened the board soon after, out of the trend of the oil plate, but after half past two in the afternoon, it still firmly sealed the price limit, so that Ding Xu breathed a sigh of relief.

Finally, there are more than two points of profit.

Don't look at just over two points, but use 10 million to calculate. That's more than 200,000. is worthy of Ding Xu's small principal and the profit of a month or two.

"Money makes money, it's easy. It's good to have a lot of money to make money in a bull market. Ding Xu sighed secretly.

It's just that Ding Xu's own buy of Zhongbing Optoelectronics is a little weird, opened high at 28.70 yuan in the morning, up 1.56%, and once rushed up three or four points in the morning, but then followed the market to turn green, and followed the market to turn red in the afternoon, but the trend was relatively weak, closing at 28.54 yuan. It rose only 0.99%, which is very close to the increase in the broader market.

"Zhongbing Optoelectronics is not working? Is the theme stock speculation over? Qi Fei frowned and asked.

"No, on January 21, it rose to the limit, and on January 22, it also closed a false yin doji, but on January 23, it rose 7% again. Today is the first trading day after January 23rd, and it has closed a false negative doji again, which is also a slight rise. I estimate that tomorrow it is likely to rise again, by more than 6%. Ding Xu said confidently.

"Isn't that too regular, so that retail investors can grasp it? Keep in mind that historical trends don't necessarily repeat exactly. Qi Fei reminded.

"Hmm. Anyway, the bottom chips in the 20 yuan area have not moved up significantly, and there is no big risk of main shipments. Keep holding on. Ding Xu smiled, "No matter what, everyone is making money today and achieving a good start to the Year of the Ox, which is a good sign and worth celebrating." ”

"However, after achieving a good start, will it fall tomorrow?" Beifeng said with some concern, "The book walker just said so many good things, but as a result, he dived into the green today, but fortunately, the tail plate was pulled up." I just don't know what tomorrow will bring? ”

"It's going to go up tomorrow." YW took over the conversation.

"Why?" Beifeng asked with some confusion.

"I just saw a report, which should be the reason why the stock index pulled up in the late session." YW said with a confident smile, "According to official reports, during the visit to Europe, the Wen family. Mr. Bao. He said, 'When I got up this morning, I asked the guard, what is the stock market today?' He said that today is Sunday and the market is not open. 'After that, Mr. Wen. Li made everyone and himself laugh. ”

"Really?" Ding Xu asked excitedly, and then hurriedly went to the Internet to search for relevant news, and found that this was indeed a report by the official media, so he couldn't help but take a long breath and laughed, "Total. Get up and ask the stock market, the stock market is off to a good start in the Year of the Ox, haha! It's no wonder that after turning green today, it can turn red again. Since the total. Li cares so much about the stock market, and there is no problem with the small bull market! Everyone firmly hold the stocks, and don't be intimidated by the ups and downs and fluctuations in front of you! Although the market has been relatively weak in the past two months, this is the characteristic of the start of the bull market, and in the future, the bull market will become stronger and stronger! ”

"Hey, it's just total. Li is just concerned about the stock market, maybe when the reporter asked about the stock market trend, he just made a joke, how can it become a heavy dà good in your mouth, you are too optimistic! The license plate pouted and muttered.

"It's not a general concern about the stock market, you have to know that it's total. During his visit to Europe, there were many foreign guests to meet, and the schedule was very tight. But total. When he got out of bed, he didn't think about his busy schedule, but the first thing he thought of was the stock market that had been falling and falling last year, so he asked the guard about the stock market. You can interpret this as a joke, but it is really not a joke, indicating that China's leaders are worried about the stock market and want to do well. ”

Ding Xu explained, "As you know, the current Chinese stock market is still a policy market. What would happen if the stock market fell and the leaders couldn't sleep? Even if it is an institution, it is not only for the purpose of making money, but also has a mission on their shoulders, which is to stabilize the economy and the stock market, and to share worries for the country and the leadership. Now that the four trillion economic policy has also been launched, and the leaders have also expressed their position, if the institutions do not take advantage of the trend to make the stock market, but continue to smash the market, it is against the market, against the will of the people, against the will of the country, and there will be no good fruit to eat! ”

"Then let's ride a donkey and read the record book, and we'll see." The license plate shook his head and said, "I'm scared of these organizations, and I still don't believe that they will have any sense of mission." Before they smashed enough plates and didn't eat enough, I am afraid it is still unrealistic to want to go through a wave of bull market. Miracle, I remind you, you don't blindly be optimistic and amplify these good news just because you are full of longs. ”

"Well, you're right." Ding Xu's heart froze, and he nodded thoughtfully, "If we retail investors go long." It often magnifies the positives. Blind optimism. If short. It often magnifies the negative side one-sidedly. In short, when making judgments and decisions, they mix their own subjective factors, and even regard their own hopes and aspirations as the primary goal, and it is easy to see joy and not worry. However, the total. Getting up and asking about the stock market can indeed be regarded as a big positive. Because, let's connect with another sentence that he said before. Faith is more precious than gold! ”

"What does that mean?" Beifeng asked.

"Yes, it's in the same vein. In response to the global financial crisis triggered by Wall Street in the United States, Mr. Wen. On behalf of China, Li once said a very classic sentence to the world - confidence is more precious than gold! It is this sentence that has boosted the confidence of the Chinese people and even the world, and increased the confidence and courage to resist the menacing financial crisis. And this also allows the world to see the high morale, self-confidence and courage of a big country. ”

Before Ding Xu could answer, the book walker smiled and said, "And total. It didn't take long for Li to say this. China launched a staggering $4 trillion package to boost the economy, allowing China to begin to resolve the crisis in a very short period of time. Stabilized the position and began to drive the recovery of the world economy! Now the effect of this economic stimulus has not yet been fully realized, but in another year, we will know how much it will work, and the phrase that confidence is more valuable than gold will surely become a classic saying and go down in history. Again, the total. Getting up and asking about the stock market will surely become a good story in the history of China's stock market. Of course, the premise is that the total. After getting up and asking the stock market, the stock market really rose, and it didn't rise for a day or two, but for a few months, and there was a big market! Perhaps in the next few years, when we look back and revisit this sentence, we will realize how much weight and effect this had at the time of the financial crisis, in February 2009! ”

"Walker, you said it so well, but you robbed me of my lines, it's not fair!" Ding Xu felt as if he had nothing to add.

Everyone laughed.

"I'm talking about it from the economic aspect, miracle, you can talk about mentality." The bookwalker laughed.

"Well, I'm a little inspired, so let me talk about my thoughts." After Ding Xu thought about it, he began to talk about his feelings.

"The walker is right, faith is more precious and important than gold! Especially in the virtual economy of the stock market, confidence is particularly valuable. ”

"A lot of stocks, unlike a pair of shoes, have a cost price ex-factory price, it is a virtual equity, and it is not surprising that it falls below the issue price.

To put it mildly, a stock is an equity certificate, a piece of broken paper. In China's stock market, if you want to rely on stock dividends to get a return on capital, I am afraid that it will not be able to achieve it in 50 years or 100 years. China's stock market is more about speculation. ”

So in the eyes of many people, a lot of stocks is a piece of broken paper, why can it be worth hundreds of thousands, or even tens of thousands of yuan? Isn't it because everyone believes in the intrinsic value of stocks, and believes that the stock market can rise, at least stabilize and not collapse, that they come to participate in the speculation? Or rather, participate in value investing! ”

"If this psychological expectation is broken, everyone will leave the market and sell all the stocks, and there will be penny stocks below one yuan like in 2005, and even super penny stocks like Hong Kong stocks that no one cares about for a few cents.

Therefore, the confidence of institutions and retail investors in stocks, the stock market and the government is the foundation that supports the survival of the stock market.

When there is no confidence, everything is in the air, and stocks will become real waste paper! ”

"So, in 2008, when the financial crisis swept the world and the market fell from 6,124 points to 1,664 points, the total. Reason will shout that sentence, faith is more precious than gold!

The rise of the stock market is like climbing a mountain. In the process of mountaineering, it is inevitable to encounter wind and rain, and encounter bumps and setbacks of one kind or another.

The similarity between bull market and mountaineering lies in the eighteen bends of the mountain road, most of which are uphill, but some places are also downhill. But both uphill and downhill roads are the only way to the top. Don't suspect that you're going down the mountain and getting farther and farther away from the summit just because you've walked a downhill distance.

Similarly, in a bull market, it is always oscillating upward, running in waves, with peaks and troughs in waves, and there is no bull market that only rises and falls!

When faced with wind and rain, the only thing we can do is to face the difficulties, advance in the face of difficulties, and use our confidence and courage to overcome the wind and rain, instead of being scared to flee down the mountain, hide in the house, and never go out again, otherwise we will never be able to reach the top!

If you hide from things when you see them, go home when you see storms, succumb to difficulties, and compromise with them, you will definitely fall into a hopeless situation and cannot extricate yourself. After a few years, you'll regret missing out on a bull run.

Therefore, when we are at a low point, when we are going downhill, it is a time to test us.

At this time, confidence is more precious and more important than gold! ”

……………… Dividing line ........................

(I went back to my hometown this week to celebrate my father's 81st birthday, and when I came back, the market fell into a dog.) However, the market fell by more than 1,000 points, 20%, basically in place, even 530 in 2007 was only 22.5% down. So at this time, it is getting closer and closer to the mid-term bottom, and if you didn't run before, don't blindly panic and cut meat at this moment, now it's not a bull to a bear, but an intermediate adjustment, winter is coming to an end, will spring be far away? Xi Jinping's bull market will go up and hit a record high, and at this time, confidence is more valuable than gold. So, I used this title for this chapter.

Don't be afraid, the market is not dead, it is just pretending to be dead. The bull market is still there, the dream is still there, and 6124 is still there. When the pension officially enters the market, it will be a good situation. A month or two later, we're a good guy again.

Liu Huan's song sings: "If the heart is there, the dream is there, and there is true love between heaven and earth." Look at success or failure, life is heroic, but start all over again. ”

Yes, if the heart is infinite, the dream is infinite, and the future is infinite.

Open your mind a little and see the other side of the ocean.

Happy weekend. (To be continued......) R1292