Category: Money tips Release Date: 2006-08-10
â–?Director of Guangdong Development Fund's investment Zhu Ping
"Journey to the West" is one of China's four masterpieces, their hero Shaseng, Chu Pa-chieh, and Wukong every Chinese people are very familiar with, although these characters are fictional, but real life, but nobody can often unpleasant. For example Shaseng is a common grass-roots workers, capacity is not strong, but also no motivation; while Ba-jie is different, despite his lack of capacity, and the fear of hardship, but he knows how to get along with others, but also aggressive, in order to achieve our goals is sometimes difficult to bills with some distortion; Wukong is obviously a strong capacity backbone, drawback is not with others, the bigger picture is also weak. Therefore, as the leadership of the Ba-jie Tang Seng favorite and most relied on is Sun Wukong, the most assured that Shaseng.
Ecology in the stock market, there are also similar to the three types of Participants:
The first category is Shaseng characterized by lack of experience, easily deceived by others, such as some of the stock market are not familiar with the new investors;
The second category is Ba-jie, these participants, in order to obtain excess returns in the short term, often used improper means, such as making a number of illegal or fraudulent investors, listed companies;
The final reason is the type Wukong investors who hope to obtain a reasonable return on investment.
However, participants in reality may be a combination of two or three types. Although these three participants with the stock market, but their interaction has been different conclusion: If you encounter Shaseng Chu Pa-chieh, then the proceeds of a minimum of Shaseng negative, the highest yielding Ba-jie; However, if the case of Ba-jie to Ba-jie, then they are not income; and Wukong always want to get a reasonable return, so Goku and Sha Seng (or other Wukong) together, will receive a reasonable return, although such benefits were not encountered in Ba-jie Shaseng when earnings are high; if Wukong, unfortunately, met with Chu Pa-chieh, the same with a minimum Shaseng negative returns Ba-jie the highest gains; but if he finds the other is a Ba-jie, he either will choose to stay away from, or will be encountered again in the future in its eye for an eye when the person themselves.
We can find some interesting things: If the stock market there is enough Shaseng, then returns the highest Ba-jie; while the number of Ba-jie more earnings will be lower Wukong. Therefore, a large number of new investors to enter a bull market, rational investors are likely to return is not high. Of course, with Ba-jie excess profits their number will only increase, but extremes meet, Ba-jie Sha Seng was exhausted, but through continuous identification of Wukong from Ba-jie, when the market finally leaving Ba-jie, and when Goku , Zhu Ba-jie income is zero, while the Wukong will receive a reasonable return. This time is generally bearish, the market appears fragmented: Chu Pa-chieh, and Ba-jie together with Goku, and Goku. This is easily reminiscent of the first two years the Fund's "heating", although we do not know whether such acts could be maintained for long, but at least in this round of the bull market comes, these stocks not only failed to give investors a significant loss, there is Instead, a considerable number of shares so that investors will continue to receive significant amount of money, such as branded consumer stocks. It was in this stock market cycle come and go, and now a new cycle may be just beginning.
