Less Obvious Signs Of Hype

Lei Jun, President of Xiaomi mobile phone, initially said this sentence, which means that it is difficult to make money in the tide of Internet marketing nowadays.

Now it's more interesting to put this sentence in the stock market.

During the Qingming period, I went back to my hometown in Zhejiang. An old schoolmate who never concerned about the stock market told me that he had a colleague who fry stocks very well. He invested 30 thousand yuan last year and earned more than 6000.

When did he start buying it? It was last October.

I reckon that in October last year, the Shanghai composite index was still near the 2500 point. Now it has touched 4000 points, or more than 50%, and its yield is only half that of the index.

His stock raising level is definitely rookie level, but fortunately he has stood at the draught and earned the money from the market winds.

This reminds me of 2007.

At that time, the bull market was much hotter than it is now. The Shanghai composite index quickly rushed to 6000 points, and the myth that the new stock became a stock god in one month is endless.

Many "good hearted" folk experts watched the index rise a few dozen points a few hundred points a day, anxious, and encouraged relatives and friends to take the money, saying that they helped them to speculate in stocks and "lost my count".

Results a year later, the index dropped to 1664 points in October 2008. "BMW goes in, Bora comes out" is good. "Mercedes goes in, QQ comes out" is a minority.

Those who gamble on their lives will be able to imagine the final outcome.

At that time, there was a report on the overheating of the stock market at the southern weekend. I was impressed by one example.

One hour worker offered his resignation to the employer, on the ground that "I am not as good as I am when I am a part-time worker here."

Earn a lot.

In the great leap forward of the stock market, a large number of people who are totally out of stock have entered the market.

Fore

When the aunts earn money, their mindset changes.

Most of the stories after that were known.

After a huge fall in 2008, many people vowed to stay away from the stock market.

The market failed for many years.

The southern weekend was also published at the end of May 2007.

The highest reached 4300 points.

After that, the market experienced an intermediate adjustment and fell to 3400 points in just 5 trading days.

Many of the new shareholders were afraid of losing money.

Who knows, in the 4 months after the intermediate adjustment, the stock market staged the final madness.

In October 16, 2007, the Shanghai Composite Index hit a record high of 6124.

There is no doubt that those who lost the most money at that time were those who entered the market at a high of more than 5000 after the intermediate adjustment in early June.

The long bear market has finally passed, and the bull market that has long gone is coming again.

We hope that the bull market will be huge and we hope that the bull market will last for a long time. What we hope is that everyone can make more money in the bull market.

But is the stock market so profitable? We are just pigs on the draught.

Just like fund managers like to say a word, stock speculation is relying on heaven.

The implication behind modesty is that the market is unpredictable. Don't take yourself too seriously.

The bull market is not easy to come by.

After 4000 points, whether A shares will encounter medium-term adjustment is not easy to say, but even if they encounter, there is no need to panic too much.

Although some stocks have already seen a huge bubble, the bull market pattern has not changed.

We are going to share the feast of the bull market, while we must strengthen our confidence in the bull market, we must also do well in risk control.

The best strategy is to choose the "pigs standing on the draught" and select some companies that have a clearer prospect, but not to touch stocks that are too obvious to hype.