Qianhai Kaiyuan Yang Delong a Manniu established!-www.osta.org.cn

Qianhai Kaiyuan Yang Delong: A shares market Manniu established! Sina fund exposure platform: letter Phi lags behind false propaganda, long-term performance is lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Author: Qianhai Kaiyuan chief economist Yang Delong today to discuss the topic more attractive to the market, manniu! Why should this title, in fact, is the recognition of the market this year. After the Spring Festival this year, the market fell to a low of more than 2 thousand and 600 points, we judge the market has bottomed out, decided to end nine months of short period, the position to close to full warehouse, and put forward the "thousand points big bounce point. It is now September, has rebounded from a low point of about 500 points, has been initially verified our judgment on the market rebound trend. But now, after that more than half of the market operation, the market basically established Manniu market. Review the history of A shares, A shares have three kinds of animal, "cattle", "bear" and "Slow Bear", but never appeared in fourth kinds of animal "manniu". Why? Because A stock investors to retail investors, the market’s herd effect is very obvious, once the bull market, the capital will soon be pouring into the market, so the market will soon finish. For example, 06, 07 years of big bull market, two years, the market rose from the point of 998 to the point of 6124. For example, the recent bull market, the market from 2014 to 2000 points in July, rose to more than 5 thousand and 100 points in the year of 2015 in June, the market bull market is particularly fast. And to the bear market, it is often relatively fast fall, which is the herd effect, when some investors to sell stocks, a lot of retail investors to follow suit hit the disk, causing a rapid decline. For example, 08 years, the global financial crisis, the market from the highest point of 6124 after less than a year fell 1664 points, can be said to be very fast "bear", and in June 15th last year, the market appeared three stock market crash, there has been a sharp decline, less than 9 months from the highest 5178 points down to 2638 points, is a big decline, and fell very quickly, this is the "cattle" and "bear". Slow bear is often a lack of investor confidence, is often "fast bear" after slow down, slow and bear the most typical example is the 09 year of more than 3 thousand and 400 points, the lowest point in 2014 has fallen to 1849 times, down five years. The market has gradually entered the Manniu market now has gradually entered the market "Manniu", why is there such a situation? The A shares in more than 20 years of history has never seen, it is because of several reasons for this: first, after last year’s stock market crash, many investors still fear, so when the real market bottomed out after a pessimistic market. Especially in the first half of this year, in addition to Qianhai Kaiyuan fund in the firm but only a more bullish, bearish voice. This time, the possibility to produce fast cattle is very small, because we can not believe that the bull market, lack of confidence. Second, the introduction of a very popular regulators相关的主题文章: