The Market Will Shift From Leveraged Cattle To Performance Cattle. Stock Selection Should Start From Performance.

　　 Old Mage: short term, no killing, stock picking from performance

Yesterday, the Shanghai stock index went up and down, and finally dropped 139.84 points again, at 4053.03 points, and it fell to a 3900 point pass at a time, and the lowest point dropped to 3875.05. At the same time, Gem The index continued to plummet by 7.91%, closing at 2689.76.

This round of adjustment, the stock index from the highest point 5178 points back to yesterday's lowest 3875 points, the cumulative maximum decline of more than 25%; the gem index fell from 4037 points to the lowest 2663 points yesterday, the cumulative decline of 34%. "When is the end of the fall?" I believe you are all anxious now. Indeed, the previous mad bull market and "leveraged cattle" were all. A share market Never before. Therefore, the way of deleveraging is also the first time in history. This is a new problem for ordinary investors or for the securities and Futures Commission.

If the next motherboard, small and medium board, gem continue to fall so far, it is estimated that no one can afford it. Therefore, I think the latter market should not be sold in the short term. Without participation Capital allocation You can tolerate it for a while.

After market outlook, the market may have dropped to a more extreme degree, and may see short-term bottom in the future. But after the adjustment has stabilized, even if it is rebound, it will be difficult to reach the pre peak point. After all, this wave of leveraged plunging, many financing passengers will be scared away. So there will be no more exaggerated levers. If this judgement is established, then the market is expected to turn from the leveraged cow to the performance bull, so we must change the train of thought in time and really start stock selection from the performance.