Chapter 319 There Are No Junk Stocks in a Bull Market

"My point of view is very simple, first of all, the style of this sea treading waves is more familiar, and it is not good that the former Zhuangtuo stock sea has changed a vest, and it is alarmist in the stock bar, inducing retail investors to cut meat and ship. {3. Secondly, the premise of his argument is not wrong, Baozi's performance last year is indeed likely to decline sharply, and the possibility of a full-year loss is indeed zΓ i, but this does not mean that Baozi should be treated as a junk stock. You know, there are no junk stocks in a bull market! ”

Ding Xu smiled slightly and said, "In the end, yesterday's buns rose and fell, but the low-level chips in the area of seven to nine yuan were still dense, and there was no sign of shortening. As we all know, retail investors usually sell with a profit of 1o%, and the chips in this area have made a profit of more than 5o%, and they still haven't thrown away, indicating that it is the banker's bottom position. So from the current point of view, there is no sign of the bookmaker's shipment. Although there is now a doubling resistance, I don't think the adjustment will be too large, and it is more likely to use air refueling to move sideways, wash away the floating chips, and then continue to attack! ”

Although Ding Xu has to analyze the stock of Baotou Steel Rare Earth in the miracle group almost every day, there are so many people in a group, and there are always some people who are not calm enough to hold shares, and they want to sell when they see a little profit, and they want to sell when they see a little profit. Even like today, although there is no shortcoming, a not very good K-line, coupled with an analysis article in the stock bar, can make some group friends messy and think about shipping.

As the stock price of Baotou Iron and Steel Rare Earth has risen steadily, from more than five yuan to more than 12 yuan, Ding Xu has fully proved that his long-term strategy of gold is right and is the most suitable for ordinary retail investors. Due to the gradual increase in the number of friends who turned losses into profits, Ding Xu's position in the miracle group has also become more authoritative.

Therefore. Ding Xu originally thought that after he explained it like this. There will be no more panic and doubts. Unexpectedly, as soon as his words fell, a series of new questions poured out.

"Group leader, what do you mean by junk stocks?" A group member named "Life Ah" asked.

"It's simple, the ones with poor performance are junk stocks." A group member named "Mind Stock Speculation Ah Le" replied, and then continued to ask with some doubts, "However, we all know that there are a lot of junk stocks, why does Miracle say that there are no junk stocks in the bull market?" ”

"That's right. I just searched with Baidu, but I didn't find the phrase 'there are no junk stocks in the bull market', which seems to be the same as the bottom safety stocks, and it is the original theory of the group owner. I'm really curious, how does the group leader want to explain this sentence? A group member named "Level Rise Rise" added.

The bull demon asked a more in-depth question: "Why won't the adjustment be too large?" Chen Hao said that if it is more than doubled, the main force will have room for shipment. And the last time I read an article, after the stock price doubled, even if the bookmaker is not ready to ship, he is still ready to pull up. But it doesn't matter which bookmaker. At this time, it is necessary to wash the dishes fiercely, and generally suppress 2o%-3o%. Create some panic to force retail investors to get off the bus, and attract another batch of retail investors to buy in order to increase the average cost of the market. Are we going to carry it? Why don't you sell it first and make a t? ”

"That's right, since we want to adjust, we can sell it at about 12 yuan, and then buy it back at about 1o yuan, so won't it greatly reduce the holding cost?" A group member named "Hua Cha Hua Cha Good Horse" also asked.

"Ask one by one, don't swipe the screen!" The fish in the water couldn't see it, so he hurriedly said.

"That's right, let's just ask the group leader to give a lesson and analyze the buns." Dingfeng said.

Ding Xu took a look, and most of these questions were new shareholders who joined the group.

The miracle group originally had only more than 100 people, but later the group members felt the positive energy and profit of the miracle group, and many people introduced their relatives and friends to join the group, so there are more and more members of the miracle group, and so far, it has become a group of more than 300 people, and many members make Ding Xu relatively unfamiliar.

"Okay, I'll talk about the buns in detail. To answer the first question first, the so-called junk stocks refer to the stocks of listed companies with poor performance, bleak prospects, and inflated stock prices, also known as poor performance stocks, which correspond to high-performing stocks. Such stocks may have a sharp decline in profits or even enter the ranks of losses due to poor industry prospects or poor management. Some stocks that have lost money for two consecutive years will also be put on the ST hat of delisting risk warning, which can be described as garbage in garbage. ”

Ding Xu said with a smile, "Although you capital will also rely on some conceptual and non-substantive good news to speculate on some junk stocks, especially some tricks such as backdoor listing, which often stage the classic show of black chicken and phoenix." But these speculations do not deny that junk stocks are poor performance stocks, even if they are speculated to the sky, they are still junk stocks in essence. In addition, in foreign countries, junk stocks generally refer to stocks rated as non-investment grade, listed below BB, and junk stocks not only refer to the stocks of companies with business problems, some newly listed high-tech companies, or some stocks of companies with too much financial leverage, may be rated below BB rating, and many of China's commercial bank stocks are rated as junk stocks by S&P. ”

"Then why do you still say that there are no junk stocks in the bull market?" Chen Xinxi asked in confusion.

"That's the second question. My personal understanding is that in fact, the performance of junk stocks will not always be junk, and it is difficult for blue chip stocks to maintain good performance and high growth all the time. For example, some aviation stocks, when the industry was booming a few years ago, performed very well, which is a typical blue chip stock and growth stock. But after a few years, when encountering problems such as the sharp rise in oil prices and the impact of bullet trains, there was an immediate industry dilemma, a big decline in performance, and even huge losses, and then it turned into a junk stock. ”

Ding Xu explained, "In a bull market, the economic cycle is generally in a boom cycle, at least starting to come out of the economic trough, so most industries are profitable, and basically all stocks will be speculated in turns." Of course, there are always some stocks that perform very poorly, or even lose money. But which major force will admit that the stocks they speculate on are garbage, so how can retail investors take over at a high level? Therefore, small-cap stocks with good performance will be called growth stocks by the main force and the media. And this kind of small-cap stocks that are not performing well. Futures growth stocks that are often referred to as 'temporarily stuck in the trough of the industry cycle'. It means that once the industry recovers. Immediately it will grow again at a high rate. ”

"Well, that's what happened." Dingfeng nodded.

"Once the bear market arrives, the domestic economy generally begins to decline, and individual stocks will collectively fall under the expectation of a decline in performance. Especially when it falls near the bottom of the market, the bears' remarks are endless, and they are even more noisy! In some irresponsible media, there will be many experts, scholars and brokerage analysts who cite various numbers jΓΉ to point out, although it has fallen so much. However, compared with mature markets such as the United States, the average price-to-earnings ratio of China's stock market is still too high, and it still needs to squeeze the bubble, and it needs to fall by a third or even half before it can really bottom out. It seems that in their eyes, there is not a single stock in the stock market at this time that is still worth investing in, it is all junk stocks, and there are no real growth stocks at all. And this qiΔ“ may just be to make retail investors panic and cut meat, in order to cooperate with the bottom of the main force to absorb chips. ”

Ding Xu then explained. "So, I put some of the different views of the media in this bull and bear cycle. To sum up in two sentences, there are no junk stocks in the bull market, all treasures! There are no growth stocks in a bear market, it's all garbage! ”

"I'm rubbing, it's too shameless." The grass carp suddenly realized and said angrily, "No wonder I cut the meat at the bottom of last year, it turned out that I was invisibly affected by them!" ”

"Let's look for the reason from ourselves. Why did Miracle choose to enter the market to pick up the cheap at that time, but you chose to cut the meat? Dingfeng shook his head and said, "When it comes to deciding, I still didn't think independently and judge independently, so I was shot." ”

"There are no junk stocks in a bull market, and there are no growth stocks in a bear market...... Miracle, you summed it up too classicly. The bookrunner said with emotion, "In the final analysis, we have to analyze the market environment and trading psychology." ”

"But the performance of steamed buns has dropped sharply, and it is still very bad, right? It's not conducive to the continued rise of the stock price. The strong man asked speechlessly.

"In a bull market, the economic environment is usually getting better. The poor performance is already in the past, and the huge decline in the past year has also reflected the expectation of a bad performance for the whole year in advance. The recent continuous rise in stock prices, while continuing to put a large amount, is indicating that funds are optimistic about the price of rare earth products to stabilize and rebound, but also shows that the country may introduce the protection of rare earths related benefits, so large funds are flocking. ”

Ding Xu explained with a smile, "If there is no negative and the performance does not deteriorate, how can the main force and us have the opportunity to pick up more than five buns?" When an industry is in a trough, it is a good opportunity for us to buy the bottom. And when an industry reaches its peak, it will start to go downhill, and that's when we have a good opportunity to sell. ”

"Well, that makes sense." Y performance stock nodded, "And Miracle has said many times that performance is not the most important, but with Zhuang is the most important." It's just that our holding cost is about the same as the holding cost of the main force, so we don't have to worry about it at all. No matter how bad the performance is, the main force will pull up. In the case of buns, the recent trend fully proves this. ”

"Yes, even if the performance of the bun is rubbish, but once the industry recovers in the future, the garbage will turn into gold. While investing in junk stocks is risky, the returns are also high. At the end of the 80s of the 20th century, there was a junk stock investment boom in the United States. Junk stocks have collectively turned into gold! Someday, our buns will turn into gold! The stock market boat said.

"Well, that's right, let's look forward to this day together. Now, I will answer the third and fourth questions, that is, what the bull demon said, since there will be adjustment pressure after doubling, why the adjustment will not be too large, and the question of why I don't advocate making this position bigger. In fact, these two problems are the same problem, and if the first question is clarified, it proves that there is no room for big t. ”

Ding Xu said with a smile, "First, we have to look at the general trend of the market, then look at the general trend of individual stocks, and finally settle on the small trend of whether to do T." From a technical point of view, the market is now trending strongly, and it is in a time of continuous climbing, and the general environment is very good. Fundamentally, the four trillion economic stimulus policy will continue to ferment, leading the market out of a small bull market, so the market is worry-free. In terms of individual stocks, the trend of buns is also very good, with the former way of resuming, in terms of the weekly line, Zhou MACD in December last year after the golden cross, is a strong upward attack, about to contact the O axis, the next step to break through the O axis is a high probability event. It's like a submarine, coming out of the dark water, about to surface, just a few meters away from the surface, and there is no reason for it to turn around and dive again at this critical location! ”

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

(I would like to express my sincere gratitude to hardcore book friends such as "Book Friend 15o226164255844", F1Ashaaron, and "Shuangguo" for generously rewarding the alliance leader of this book, and welcome to the alliance leader group (miracle group) family exchange.) I wish the Year of the Goat a healthy and smooth year.

The central bank has finally cut interest rates, and tomorrow's weekend analysis will focus on the impact of this positive news on the sector.

Last night's lecture on the miracle group SS was very exciting, and after more than a month in the market, he was able to create a short-term strategy and obtain actual combat verification, and the success rate was very high, which is worthy of praise. I hope that everyone can also learn from SS's ideas and try their best to find a profit model that suits them. I have also mentioned this point in these two chapters, and I hope that you can discuss and study it together and add some necessary auxiliary means to further enhance and improve the security of this tactic. I hope everyone will go downstairs and learn from it and discuss it. In addition, I apologize, because this is SS's unique strategy, and it is still being verified and improved, and there are also a lot of small-cap stocks involved in the discussion process.

Last night, during the discussion, the goal of financial freedom was discussed, and everyone was very excited, and we talked until just over one o'clock in the morning. This is my fault, and I also remind everyone not to talk about stocks in the group in the future at 12 o'clock in the evening, otherwise it will not be good for the internal organs. In the past two days, I have also been busy standing on piles and other things, exercising well, and serving you for a few years.

I wish you all health and happiness, and your investment is smooth. (To be continued!)

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