1 thought on “Is the bull market over?”

  1. Yes, the bull market is over. This round of market starts on April 30, 2020, ending on July 17, 2020. My personal definition of the bull market is that when the strategic stock index IF has a daily -level multi -head signal and can hold the position for several months, it can still make a profit. Then I think this is a round of bull market.
    M my strategic stock index IF appeared on April 30, and then began to look at multiple A shares at that time. In the future, as long as there is a significant callback, dare to make up the position. Therefore, from May 12th to May 25th, the position was made up during the recovery process. Starting from June 1st, this round of bull markets began to make a second breakthrough. Later, I kept the position unchanged. When a big diving on July 10, most of the positions were reduced. Because the stock index IF fell below the 15 -minute line signal on July 10.
    When the long -term signal of the strategy stock indexes was stopped on July 17, my stock was reduced significantly again. Because I think this round of bull market has ended, and the rise can only be seen as a rebound, not a reversal. In the short term, there is no hope of hitting a new high. The strategic stock index opened at 3868.4 on April 30. When the opening on July 17th was opened at 4533, and obtained 664.6, the corresponding percentage was 17.18%.
    So will there be a bull market again? This short -term can not be seen, even if it appears later, then the first 15 -minute line of other long -headed signals appeared, but now it is under the short signal. If the index can no longer reach a new high in the next two weekends, then each rise is just a rebound, not a reversal.
    In this question, you have misunderstandings about the bull market. If you think that the bull market is over, then you have not seen the market during this time. It takes time to certify, it can be half a year or one year, or it can be ten or eight years. Don't say that the bull market is here because the stock market rises. It is not possible to say that the bull market is over because of the stock market falling.
    The market came out, not what we said. Even in Gaoming experts and investors, it is impossible to determine that it is a bull market or not a bull market. The stock market research is expected, so the basis for us to determine that the bull market is expected. It is undeniable that China is a policy market. This year, management's care and expectations of the stock market are stronger than any at this time. In the process of economic recovery, the economic development of various countries is the degree of recovery, and the economic expectations caused by the economic development, and because of the haze of 5178 in A shares, and the valuation is relatively low in the world, resulting in a large number of The influx of foreign capital and the domestic funds are optimistic about the stock market, and the bull market formed, which is different from the previous bull market. It is very supportive in policies, also care, and it is also the economic model to maintain positive development.
    . If you have a certain understanding of the development of China's economy and the operation of the stock market, you will understand that the importance of policies to the stock market is now positioning because of the previous stir -fry, the state absorbs the previous cow short bear long long bear long long bear long long bear long long bear long long bear long long -bears long bear -long long -bears long bear -long long bear -long long bears The experience does not want the stock market to rise and fall, but hope that the long -term development of slow cows and a regulation of the regulation. The adjustment of the stock market this time should be the problem that the country thinks of. In order to cope with the soaring in the early stage, the CSRC immediately proposed a measure to suppress off -site funding, and then the Chinese PICC issued a centralized bidding or a large transaction method for reducing stocks. Therefore, we should not question, do not question the future development of the Chinese stock market.
    In Friday, from the perspective of national policy, it is still beneficial to the stock market trend next week. We will take over the nine financial institutions including Tianan Property, Xinhua Trust, New Era Securities, and Guosheng Securities. What does this show? It illustrates the country's violations of laws and disciplines in the financial community. It is a zero tolerance for listed companies and securities companies that violate counterfeit regulations, so this is development. This is progress, so we should think that even if it is a bull market? It can be concluded that the country supports the healthy development of China's economy and stock market.
    For many investors who have experienced a Chinese bull market, this adjustment may be a drizzle. Why do you say that? For a long -term investor, it depends on long -term profits and the development of the company. The small rise and small falls in front of you are nothing at all. For a short -term speculators, the decline means that the opportunity is here. Only those who follow the trend and are uncertain and have no confidence in the stock market, will they feel fear and panic, and they will cut meat and eat meat. I believe this is only a small part. More investors are brewing greater opportunities in the future. Many investors believe that the opportunity is falling out, and the short -term increase is too high. Call for the floating schemes of hesitation. The opportunity for the market is still very big.
    For me, I did n’t panic, and I did n’t cut meat to eat meat. Instead, I made up and added positions. What do I think? The bull market is just the starting stage. Regarding the plunge, there is nothing to panic, and the stock market is not the first time. What is panicked! Don't panic! What can this adjustment and 6124 and 5178 be counted? Moreover, it is not a high level now. For a bull market, it is a starting stage. If it is really a bull market, the stock price will eventually rise back, and it will continue to innovate high. Raise higher. Therefore, every time you rise or every decline, it is the normal phenomenon in the operation of the bull market, so if we can't see the development of the stock market in the future, then we must sort out our thoughts, look at less movement, and watch the changes to avoid changing their changes, so as not to be more than more Large losses, so that you can "make a clear earnings, and lose your loss"
    Finally, friendship prompts "The stock market is risky, and investment needs to be cautious" It was a position in the middle and early stages, and the second round bull market was established since the reversal of 2440 points. Now it has already gone nearly 1/3 of the position, and there will be nearly 2/3 of the space in the future.
    For points and time, I think the risk area of ​​the second round bull market is 4500 ~ 5000 points, and the foam area is around 5000-6000 points.
    In time, from the second half of 2021 to 2022, we met the top area of ​​this round of bull market! Intersection
    Why do you judge this? Explain to you from three aspects! There will be a bull market after the revision of each brokerage bill; (04/13/19 brokerage bill revision)
    each new board has a bull market after the listing of the new board; (science and technology board, previously 10 years of GEM and 2004 years Small and medium -sized boards)
    E every reform will have a bull market; (registration system)
    because these must be tried and promoted the purpose of the funds through a large -scale bull market. Well, it is amendment, and even the listing of the new sector will cause market crash! Intersection Because there are not so many funds to support these major reform measures.
    After the bottom of each large -level bear market, a large -scale bull market was born.
    It is like near 2440 points. Whether it is from the decline time, space, or from the perspective of P / E ratio, and the market ratio, it has reached the characteristics of the bottom area of ​​the bear market. A round of bull market!
    . On the other hand.
    This Ten -year Treasury bond interest rate countdown and A -share PE median trend formation inverted is a large -level bottom area, and then a large -scale market.
    The three rounds of the previous three rounds were generated. Two times were Crazy Cow in 2007 and 2015, one was a large -scale rebound, 2009.
    Then, combined with the policy surface mentioned earlier, this round of quotes must be the bull market again, not a large -scale rebound.
    we can see that in combination with the policy and valuations mentioned above, we will use the technical side to combine it, and you will confirm that there are only 4 bull markets in A shares in 30 years.
    The first time it rose to 1429 points at 95 points;
    The second time was 325 points to 2245 points;
    The third time was 998 points to 6124 points;
    No. 1 Four times rose to 5178 points at 1849 points;
    and the previous two bull markets ended at the risk area and entered the bear market. The last two bull markets reached the bubble area reversal and entered the bear market.
    So from the technical analysis, when the index has entered the opportunity area and formed a reversal, that is, the opening of a bull market, and it cannot reach the so -called risk area or foam area, it cannot be determined as a bull market. Finish.
    So why did I calculate the space of this round of bull market at 4500 ~ 5000 points, or even about 5000-6000 points? And time is 2021-2022? Just like the technical analysis displayed in the figure above, it is necessary to reach the bull market high in risk areas and foam areas. Then simply calculate the space to get the risk area at 4500 ~ 5000 points, and the bubble area is around 5000-6000 points. It's right. Everyone goes to your own software, and then you will see a rough range of space when you click on the mouse.
    What about the valuation?
    I we can refer to a bull market valuation in 2007 and 2015 to decide. For these two rounds of crazy cows, it is a risk area to reach about 80 ~ 100 times, and it is more than 80 times that it is a bubble.
    therefore, calculate according to the current weighing price -earnings ratio of about 60 times, and 80 times, or even more than 80 times, and less than 100 times. About or so, this is also similar to the conclusions obtained from technical analysis, so this is a general judgment in space.
    Because of the high probability of A shares, it is still based on the probability of a mad cow, because the Chinese market is not fully mature, it is just a complete process.
    The proportion of retail investors is still very large, so it has led to the emotional transformation very fast. Once it falls sharply, it is considered a bear market. Once it is rising, it is considered a bull market.
    Therefore, as long as the future breaks through 3500 points, 3587 points, or even 4000 points, it will cause follow -up buying and form a crazy cow. The so -called slow cow may take at least a few years to improve it. I can see it when I reform.
    Summary: Is the bull market over? Are you cutting meat and eating meat? The bull market is not over. Now it is the state of retail investors that are cutting meat. The main force and foreign capital are in suction. In the future, it will be the result of the main force and foreign investment.
    The bull market has actually begun since 2440 points, and now it has gone nearly 1/3, and the last 2/3 will be very fast. Once it is started, it will be like in early July. Car, afraid of getting on the car.
    So everyone should cherish the good time of the layout, firmly hold it, wait for the bull market to rise!
    This talk about personal opinion, does not constitute investment advice:
    It the purpose of the management of management today is to make the crazy cow as slow as possible, so that more listed companies can go to the market and let the registration system make the registration system The number of companies in A shares expands faster and has a longer persistent.
    Because of the end of the bull market in the future, the bear market is the process of registering a large number of junk delisted delisting pilots. And in the future, we will see that the so-called structural market will appear, that is, junk stocks will go to the bear market, good stocks hold the local bull market, as 2015-2018.
    So everyone grasps the rhythm. In the future, we must find good enterprises to invest, don't speculate, don't fry the garbage, don't touch the basic facial difference, and now, it is to cherish the upcoming bull market's main promotion. Money first earns hands! Intersection

    Q: Is the bull market ending? Answer: The bull market is not over. Now it is the torrent of the bull market before the start of the bull market, and it is a very healthy shock market. The early shock of the bull market was a golden period for the stock market to make money. I hope that shareholders and friends will grasp it. It should be said that the bull market has not started. From the perspective of the Shanghai Stock Exchange Line, the index is still at the bottom and there is no bull market structure. Although the decline has quickly recovered the loss. Looking at the Weekly Line since January 2019, it has taken 3000 points as a central shock, indicating that 3000 points have strong support and more and more consolidated. One day you will witness the three thousand points. It belongs to the stages of the shock ramming. Although I do n’t see the cow, I see that the cows are resting. Avoid long -term elevators. If the long -term large -cycle investment does not need to have a short -term shock gain. The splitting period before the bull market was very large, even as high as 30 % and 40 %, which will make some investors lose confidence in the market and give up. So how to deal with this high shock market, I personally recommend that we must be sure Do a good job of risk control (confused investors can take a look at the risk prevention and control in my article), the primary focus of investment stocks is risk prevention and control, followed by making money, do not counter the key order. From the month of the month, the broader market has been innovating high since January 2019. According to the trend of the slow cow market market (such as the process of US stocks is gradually innovating), whether the index or a stock (such as the trend of Guizhou Moutai) is constantly creating The new high rose slowly. Based on the dangers of the past 6,000 points and 5,000 points, I believe that it is difficult to repeat history in history, so do not use the previous judgment standards to look at the current and future rhythm. In addition to the scientific operation method and risk prevention and control, as a shareholder's investment in the stock market, there must be a persistence of persistence. Finally, we praise the shareholders and friends who are silently adhered to in the stock market. You are the insistence of the Chinese stock market, both tough and tireless. Praise