Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in oicq.net -> Romance -> Super retail investors

Volume 1: Long-term is Gold Chapter 393: Confidence is more valuable than gold

Previous page        Return to Catalog        Next page

    February 2, 2009 was the first trading day of the Year of the Ox. The Shanghai Stock Index opened higher at 2008 points, seemingly to commemorate the big bear market in the past year.  ¡ðBut soon after the market opened higher, it immediately began to dive into the green, making investors sweat, worried that the good start in the Year of the Ox would be lost.  Fortunately, after diving and turning green, with the strong rise of the gold sector, the market surged higher again. It stood at 2000 points at the close of the morning, with an increase of 0.40%.  There are rumors in the international market that the Chinese government is buying gold on a large scale. This news stimulated the price of gold to rise. A-share gold stocks rose sharply as a whole, which played a protective role.  In addition, the central government issued the No. 1 Agricultural Document and related positive agricultural policies, which also stimulated the collective red market of agricultural stocks.  It's just that although gold stocks such as Zijin Mining have strongly sealed their daily limits, CICC Gold has always fluctuated around 39 yuan, and the average price Ding Xu bought for the Tang family was 39.18 yuan, so it has been on the edge of constant switching between profits and losses.  , which made Ding Xu a little nervous.  After all, this is Ding Xu's first time chasing the high at more than seven points. In the past, he was used to lurking in the low position.  "If we lose and lose the first battle, how should we explain to the Tang family?" Ding Xu's heart pounded.  Fortunately, after the market opened in the afternoon, the market fluctuated upward again. Finally, the Shanghai Stock Index closed at 2011 points, up 1.06%, a good start for the Year of the Ox.  CICC Gold finally hit the daily limit again at 1:30 in the afternoon. Although it opened the market repeatedly shortly after, and got out of the oil market trend, after 2:30 in the afternoon, the daily limit was still firmly sealed, which made Ding Xu relieved.  Finally, there are more than two points of profit.  ??Although it is only a little over two points, it is calculated using 10 million.  That's more than 200,000.  It was comparable to the profits that Ding Xu could make in a month or two with a small capital.  ¡°It¡¯s easy to make money from money. Only with big funds can you make money in the bull market.¡± Ding Xu sighed secretly.  But the Zhongbing Optoelectronics that Ding Xu bought himself was a bit weird. It opened high at 28.70 yuan in early trading, up 1.56%, and once reached a high of three or four points in early trading. However, it then followed the market and turned green, and then followed the market and turned red again in the afternoon. However,  The trend was relatively weak, closing at 28.54 yuan.  It rose only 0.99%, which was very close to the gain of the broader market.  "Zhongbing Optoelectronics is dying? Is the hype of theme stocks over?" Qi Fei asked with a frown.  "No, it hit the daily limit on January 21st. It also closed a false negative doji on January 22nd, but it rose again by 7% on January 23rd. Today is the first trading day after January 23rd.  , once again closed the false positive cross star, and it also rose slightly. I estimate that it is likely to rise again tomorrow, by more than 6%," Ding Xu said with confidence.  "Isn't that so regular that retail investors can easily grasp it? You know, historical trends may not be completely repeated." Qi Fei reminded.  "Well. Anyway, the bottom chips in the area of ??20 yuan have not moved up significantly, and there is no big risk of main shipments. Keep covering it." Ding Xu smiled, "No matter what, everyone made money today. Realize  It's a good start for the Year of the Ox, which is a good sign and worth celebrating. " "But, after achieving a good start, will it fall tomorrow?" Bei Feng said with some worry, "Shulu Xingzhe just said so many good things, but today.  It's still diving, but luckily it pulled up at the end of the day. I just don't know what will happen tomorrow?  "Why?" Bei Feng asked with some confusion.  "I just saw a report, and this should be the reason why the stock index pulled up in late trading." YW blue-chip stocks smiled confidently, "According to official reports, during his visit to Europe, Premier Wen Jiabao said: 'Today  As soon as I got up in the morning, I asked the guard what the stock market was today. He said that it was Sunday and the market was closed. "After that, Premier Wen made everyone laugh. " "Really?"  Ding Xu asked excitedly, and then hurriedly searched the Internet for relevant news. He found that this was indeed a report from the official media. He couldn't help but let out a long breath and laughed, "The Prime Minister got up and asked about the stock market. The stock market has had 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 Prime Minister is so concerned about the stock market, there is no problem in the bull market! Everyone, keep a close eye on the stock market and don¡¯t be intimidated by the fluctuations in front of you!  Although the market has been relatively weak in the past two months, this is the characteristic of the beginning of a bull market. In the future, the bull market will get stronger and stronger! " "Hey, it's just the Prime Minister who is concerned about the stock market. Maybe the reporter asked about the stock market trend.  At that time, he just made a joke, but it turned out to be a major benefit in your mouth. You are too optimistic!" The license plate curled his lips and muttered.  "This is not a general concern about the stock market. You have to know that this is during the Prime Minister's visit to Europe. There are many foreign guests to meet and the schedule is very tight. But when the Prime Minister got up, he was not thinking about his busy schedule. He first thought about  Yes, what I am worried about is the stock market, which has been plummeting last year, so I asked the guard about the stock market conditions  You can interpret this sentence as a joke, but it is not a joke. It shows that China's leaders are worried about the stock market and hope to do a good job in the stock market.  " Ding Xu explained, "You also know that the current Chinese stock market is still a policy market.  What will be the result if the stock market falls and the leaders lose sleep?  Even institutions do not only have the purpose of making money. They also have a mission on their shoulders, which is to stabilize the economy and stock market, and to share the worries of the country and leaders.  Now the four trillion economic policy has been launched, and leaders have also expressed their stance. If institutions do not take advantage of the trend to improve the stock market, but continue to smash the market, then they are going against the market, public opinion, and the will of the country, and there will be no good results.  Eat the fruit!  " "Then let's just ride on the donkey and read the songbook, and we'll see.  "Zhan Plate shook his head and said, "I was deceived by these organizations, and I never believed that they had any sense of mission.  Before they have bought enough money and eaten enough, it may still be unrealistic to have a bull market.  Miracle, let me remind you, don¡¯t be blindly optimistic and magnify these good news just because you are full of long positions.  " "Well, you're right to remind me.  "Ding Xu felt a chill in his heart, and nodded thoughtfully, "If we retail investors do long.  The benefits tend to be magnified.  Blindly optimistic.  If short.  And they tend to one-sidedly amplify the negative effects.  In short, when making judgments and decisions, one's own subjective factors are mixed in, and one's own hopes and wishes are even regarded as the primary goal. It is easy to see happiness rather than worry.  However, the fact that the Prime Minister gets up and asks about the stock market can indeed be regarded as a big plus.  Because, we have to connect with another sentence he said before.  Confidence is more valuable than gold!  " "What does this mean?  "Bei Feng asked. "Yes, this is the same strain.  In response to the global financial crisis caused by Wall Street in the United States, Premier Wen once said a very classic saying to the world on behalf of China - Confidence is more valuable than gold!  It is this sentence that has boosted the confidence of Chinese people and even the world, and increased the confidence and courage to resist the menacing financial crisis.  And this also allowed the world to see the high morale, self-confidence and courage of a big country.  " Before Ding Xu had time to answer, Shulu Xingzhe smiled and said, "Not long after the Prime Minister said this.  China launched an astonishing 4 trillion yuan economic stimulus package, which enabled China to begin to resolve the crisis in a very short period of time.  Stabilized our position and began to drive the recovery of the world economy!  The effect of this economic stimulus has not yet been fully reflected, but in another year, we will know how effective it is, and the sentence "confidence is more valuable than gold" will definitely become a classic saying and go down in history.  .  Similarly, when the Prime Minister gets up and asks about the stock market, it will surely become a good story in the history of China's stock market.  Of course, the premise is that after the Prime Minister got up and asked about the stock market, the stock market really rose, and it didn't rise for a day or two, but rose for several months, creating a big trend!  Perhaps in the next few years, when we look back and review this sentence, we will realize how much weight and effect it had at the time of the financial crisis, in February 2009!  " "Walker, you said it very well, but you stole my line. That's not fair!  "Ding Xu felt that he had nothing to add. Everyone laughed. "I'm talking about economics, Miracle, you can talk about mentality.  "Shu Lu Xingzhe smiled. "Well, I did get a little inspiration. Let me talk about my feelings.  "After Ding Xu thought about it, he began to talk about his feelings. "Walker is right, confidence is more valuable and important than gold!  Especially in a virtual economy like the stock market, confidence is particularly valuable.  " "A stock is not like a pair of shoes. It has a cost price and an ex-factory price. It is a virtual equity. It is not surprising at all if it falls below the issue price.  To put it bluntly, a stock is just an equity certificate, a piece of broken paper.  In the Chinese stock market, if we rely on stock dividends to obtain capital recovery and returns, I am afraid that we will not be able to achieve it in fifty or one hundred years.  China's stock market is more of a hype.  " "So in the eyes of many people, a stock is just a piece of broken paper. How can it be worth hundreds, 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 or at least be stable and not collapse, so they participate in the speculation?  In other words, participate in value investing!  " "If this psychological expectation is broken, everyone will leave the market and sell all stocks. There will be penny stocks with prices 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 for the survival of the stock market.  When there is no confidence, everything is a castle in the air, and stocks will become real waste paper!  " "Therefore, in 2008, when the financial crisis swept the world and the market fell from 6124 points to 1664 points, the Prime Minister wouldAs the saying goes, confidence is more valuable 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 ups and downs and setbacks of one kind or another.  The similarity between the bull market and mountain climbing is that the mountain road has eighteen bends. Most places are uphill, but some places are also downhill.  But whether it is uphill or downhill, it is the only way to the top of the mountain.  Don't doubt that you are going down the mountain or getting farther and farther away from the top of the mountain just because you have walked downhill for a while.  Similarly, in a bull market, it always fluctuates upward and runs in waves. The waves have peaks and troughs. There is no bull market that only rises but never falls!  When facing the wind and rain, the only thing we can do is to face the difficulties, advance despite the difficulties, and use our confidence and courage to defeat the wind and rain, instead of running away down the mountain in fear, hiding in the house, and never  Get out again or we'll never reach the summit!  If you hide when trouble comes, go home when storm comes, succumb to difficulties, and compromise to difficulties, you will definitely fall into a hopeless situation and be unable to extricate yourself.  In a few years, you will regret missing a bull market.  Therefore, when we are at the bottom, when we are going downhill, it is the time to test us.  At this time, confidence is more valuable and important than gold!  ¡± ¡­¡­¡­¡­¡­¡­Dividing line¡­¡­¡­¡­¡­¡­¡­¡­ (I went back to my hometown this week to celebrate my old father¡¯s 81st birthday. When I came back, the market fell like a dog. However, the market fell by more than a thousand points, 20  %, it has basically fallen to the point. Even the 530 in 2007 only fell by 22.5%. Therefore, at this time, it is getting closer and closer to the mid-term bottom. Those who did not run before should not blindly panic and cut meat now. This is not a bullish turn.  Bear, but a mid-level adjustment. Winter is coming to an end. Can spring be far behind? Xi Jinping¡¯s bull market will continue to go up and reach a record high. At this time, confidence is more valuable than gold. Therefore, this chapter.  I used this title. 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 when the pension market officially enters the market, it will be good again in a month or two.  , we are a hero again. Liu Huan's song goes like this: "If the heart is there, the dream is there, and there is true love between heaven and earth. Looking at success or failure, life is heroic, just starting over." "Yes, if the heart is infinite, the dream is there."  There is no limit to the future. Open your mind and see the other side of the ocean. Happy weekend.) (To be continued, please search Piaotian Literature for better and faster updates!
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report