Category: Money tips Release Date: 2006-02-11
Some things really interesting. In 2004 and 2005, the broader market fell below 1,500 points, 1,400 points, 1,300 points, 1,200 points, 1,000 points in vertical impulse to go, when people want is to sell. Since this year, against the big break 3,000 points, 4,000 points, think it is to buy. Should have been more than 1000 points, but would like to buy land sales, had more than 4000 points should be to sell but would like a buy. This is not misplaced do?
In fact simple, the first half of 2004 and 2005, then, bear gas sky, people do not see the market turn cow's hope. And the stock market point and forecasters say that the tape should be below 1000 points, fell 800 points, fell 500 points. Now, in turn, the. People do not see the trace of a bear market, point and forecasters say that the end of the year rose to 5,000 points next year rose to 6,000 points, 8,000 points. A lot of reasons: economic growth, excess liquidity, listed companies to improve performance of large, appreciation of the yuan has not changed ... ... This is 4000 points can not buy it?
But if we do not separate bull and bear markets, the stock market CBBC as a whole, as long as the bear market had fallen materially years down a long time to buy, do not care about buying at the lowest place, such as former waves bear market at 1200 points, 1300 points, 1,500 points, even in 2000 points to buy it today, should not have been profitable. Conversely, in a bull market where up more up for a long time to sell, do not necessarily sell in the most at the top, anyway, there will be a bear market, by that time will certainly much lower than it is now point and buy it back, then this Lee also made a large profit.
So now seems that investors in the stock market can not make money, neither is the long-term vision, lacking the patience of waiting and holding. With this holding and waiting when the patient after the CBBC turnaround is not necessarily very slow. Example, investors in the first half of 2004 or 2005 to buy, to appear in 2006 rose 130% of the big bull market, and time is only about two years. Two years, investors can not wait? Now the stock is a set of three to five years, sets forward to, which does not cover the down can not wait.
A longer perspective, again CBBC city to consider a unified, up and down those who do not grasp the wavelet sub-paragraph, to a major bear market to buy, sold the bull market, but also to buy the best side in the bottom of the bear market and sell in the bull market of the partial at the top, with this great wisdom, great ideas to treat the stock market investment, I believe there will be harvested.