Description: This is an essay competition supplements caused some of my interests, asked me to pick to
Romance of China's stock market stock market article
: 4000 stock market game on the psychology
2007-05-28 14 : 32:43
medium and small
Tags: retail stock market investors because it is and life is so homogeneous. is the stock market in the comfort of life, or life in comfort with the stock market? Perhaps, only if it has a two-chip is the fastest-growing arena of people preferred it, because they are in a different world of them can find their own joy. From this sense, each stock investors are fortunate.
Romance
4000 China's stock market stock market game on the psychological point of
2007-5-28 9: 52:33
investors in Nanjing, the Xinhua News Agency issued a stock exchange trading operations, a Nanjing
investors in a stock reading the newspaper.
day, Shanghai and Shenzhen Stock volatility higher, a record index of both high
this year, many stocks soared straight, short-term doubling of numerous individual stocks. And behind these stocks soaring, almost has a like a monster hunting to find the right, the stock market before the housing market, are now back in the stock market. And in the stock market game, the final analysis, large and small, struggle more with the air, money in the game! This is the middle Although it runs through the aspects of value investing, but in the final analysis, capital of the chips in the game. The Shanghai index has 4179 points, but also how far the market outlook? stocks how many later, in this great game, who would be the last laugh?
in the United States, on the stock market has such a metaphor: an auction, any person who is willing to go to the playground to run three times, he can look at the end of the cards, then you will go running? The answer is that you do not have to run. because the people who read the cards in the auction, only infinitely close to the reserve price, certainly not lower, you are fully able to guess cards what it is. Americans say, America's most outstanding graduates on Wall Street, they will certainly be in other places even greater success.
That being said, more people are still willing to enter the stock market. So, What brought the stock market has such a great charm? The reason is simple: The stock market symbol of life, life is an amplification of the stock market.
in the fall and rise, every time a test of your investment and withdrawal determination, you need to constantly make choices and bear the consequences for it, whether it is a surprise, regret, or regret, you can not change the result, in addition to continue to invest, you can not get more relief. However, the most interesting thing is , though after ups and downs, you will always rise, continue to grow.
or the stock market is beyond human imagination of the greatest inventions, and life as it is so homogeneous. is the stock market in the comfort of life, or the stock market in the comfort of life? Perhaps, only if it has a two-chip is the fastest-growing arena of people preferred it, because they are in a different world, can find their own joy. From this sense, each stock investors are is lucky.
see the stock market, you will be able savor life, sentient beings are also filling one hundred phase. and from that point of view the level of the stock market game in fact, is a Romance of the individual life. text / reporter Chen Hui
competition record. Oral Oral
people today: the Vampire Slayer, also known as meat, meat
monk, retired doctors, were removed from the IT, web2.0 experts like to do. puffiness micro mustache, Zeixin Zeidan gone , so hi love reading thinking, do women and men reveries. because of the stock market battles for many years, chase sell quite gains, the stock market nicknamed Buffy the meat, always self-stimulation of Buffett.
stock Kingdoms - Buffy real meat market
Buffy the meat stock method
, I ambushed early on in Datong, the Devils arrived in Baoding, I finished on the open fire, back to the base to the rest. tired himself a unbearable, people simply do not know that there is Devils me so One. A friend of comfort I said, stock market this thing, one up one down, the process is very important. If you buy a stock, Kaka Kaka twenty points limit, you have to go withdraw money'd earned, what fun what?
start C program: play dead
day before midnight, my friends who climb up the process of MSN, said to me, incredibly, around a six, a former news and emotional collapse. I said, it quickly , and we have to run in front of the dealer. He nodded down, and jumped back down over also, so after going through a warehouse full of crash, in fact, there is no risk, if you come out, will have one foot Ta risk. I am very much disagree, because, according to his process theory point of view, since you know have to fall, why not withdraw, so buy or End? be compared to the full down position, not more than one process, a little more happy? two people on the noisy end up in MSN, to the end of children failed to unify their thinking. so the, yesterday morning to Shoushuliangduan deft hands and feet do not, the whole set into it. in the end achieved a Personal'd reached a consensus: start C sets of options: play dead.
this fall, it reminds me of the , on the second trading day after the crash do-see, and my heart is sweeter than honey drink. plunge the next day, Morgan came out of a female fund manager issued a statement saying the crash with the agency and is not primarily The new retail experience panic selling caused by gratuitous. The. lost so much money, after all, is to stabilize our financial order and building a harmonious society and make its due contribution. I think this massive resounding speech she should be added after the sentence: I lost, are all other people's money.
professionals will never share jokes
professionals, I have never heard only as a joke. I remember when the 2600 tape, there is a stock analysts said: If you can have 2800 points, it will soared, until 4500 no problem. but if not increase, but fell below 2400 points, it is completely broken. how I hear this argument so familiar. thought for a moment, the original and is a joyous way: child sick unto death, and to quickly dampen his Banhun Shi, made good the next year grandchildren; fix the next day directly to remove it. another example, a while ago, came bank to increase reserves, the stock market a anxious of course, the pundits have issued a warning: be careful, be alert. was indeed released this much negative news, the resulting index is go up. This time, the pundits do not joyous, and changed Laughed: the really really, Well mm boots effect held in the hands of the boots off the ground, the market and so how could it not go up. since they are always good, and that's not allowed is really justified. I think this career can be compared and the pundits, only books Edit this business. If his book did not sell well, that is, the reader fall, the elegant little something to toast the whole moon lonely at the top of the invitation. If he confused the book you are a vulgar criticism of him on a face grievance is to meet the market, crushing Yinya secretly angry, in order to cause the groping male bosses are willing to endure. But this thing male bosses, a virtue with the market, often incomprehensible style, every day of your high heels miniskirt Rao to ready, but he is not how you toward this direction, feel then what?
1960 �� to 1968, all U.S. mutual fund returns, do not run through the tape. that was a small retail professionals who came to the two body position.'ve forgotten where to see a gossip: an American TV station, invited to do interviews with 19 professional stock analysts, Qingmeizhujiu. program, please stock analysts for one year each, a recommendation to the audience stocks. the program ended, television prepared a dart board, covered with the stock code above, each guest made a dart, which considered wearing what. a year later, the results better than darts professionals well recommended. So , buy the fund or to listen to the pundits of the recommendation, it would not be ideal than the Tarot fortune-telling.
not on stock by stock this thing
economics, and economics that do not rely on the margins on. not to mention economics, it is really Kaopu principle. a lot of stock, not dividends, but not to affect the long and short sides bitter fight .1964 to 1968, the U.S. stock market is the one named Scott King's stock, five years in a 5410 percent value-added, but these five years, this company did not profit a penny, not to talk about a bonus. So-called rational investment and so on, was nothing but a pack of lies. If we are rational investment, then look at a good price-earnings ratio. but the single price-earnings ratio on this one, there are also strange in it. such as Coca-Cola and PepsiCo's earnings were 20 and 40, stands to reason we should buy Coca-Cola, but actually not the case. Because a company to develop and further profit, it must continue to introduce new programs. but no one dumb, companies come up with plans for expansion, it is much the same. Now, for example, inflatable coffee companies have introduced so new projects, expected profit of up to 3%. For the price-earnings ratio of up to 40 Pepsi, as long as the plan introduced more than 2.5% profit is good. But Coca-Cola's price-earnings ratio is only 20, so the profitability of the new scheme requires that it be exceed 5% for the job or else the bad. In this way, with an inflatable coffee program, the stock market's reaction is: throw away the quality of Coca-Cola stock, purchased second-best stock Pepsi.
shareholders in Hefei, a Stock Exchange concerned about the stock market stock quotes Xinhua News Agency
Romance - Buffy
chase sell the meat market of the butterfly effect
Ormerod's of a book. The book is an important point: traditional economics, no matter what genre, always assume people are rational mm efforts to master some of the facts, and then on this basis to make the optimal judgments. Yet it is The assumption of rational people out of problems. Do not say no one can master all the information he needs and the fact that, even if the master, he can not have the computing power to match. Even in the limited facts have been mastered basis, the creature who refused to make judgments based on reason. This is the forecast of all economics are the fundamental reason for the failure.
the mid 80s of last century, entomologists did an experiment: in the ant nest in the opposite direction, from the same place exactly the same place the two piles of food, food supplement at any time to ensure that two piles of food is always the same. Then, entomologist observed the two piles of ants in food distribution. The result: There is no law at all. use different types of ants to repeat this test. conclusion is: the ants active nature, the probability curve to the two piles of feeding bread mm ant graphics like a food in the piles compared to the situation almost equally common. And discreet nature of the ants do not like change, feeding the probability curve to the two piles of graphics like a bowl full in A mm ant heap or feeding, or feeding the whole situation in the B heap more common.
we can A heap to heap of food as food and B is up and down. the active nature of the ants as a stock person, but the discreet nature of the ants as a real estate promoter who can see to understand many things:
1. stocks and the ant is the same: to see more or bearish, depending on your influence others, have not The distribution of ants the next moment the trend is completely impossible. Therefore, by looking graphics in stocks and a little spectrum are not.
3. rely on the basic disk to see the technical parameters of stocks, and sometimes expect. But the problem is when the spectrum much more trouble lies: do not know in advance what time the Spirit which time not working.
4. nothing golden rule. long-term short-term silver is golden, ah, ah chase sell, utility exactly the same motto in life, It is not fucking matter on April 20 .1720, Newton put his hand the South Sea Company stock shipments to earn more than doubled. But in the May 28, just 38 days time, the stock has gone up three times. Newton and grab the back, the result of the loss of twenty thousand pounds. then twenty thousand pounds, there really is a lot of money. smart as Newton, follow the golden rule is chase sell, yet it lost, not to mention our trash it? Some people say that if Newton does not ship on April 20, has been clinging, not to earn six times? Yes ah, he must have earned six times the book on time, you can hold for a while more to a it is not worth the money. long may be gold, but may also be pieces of ribs, cover a long time to smell the ah.
Why, then, sometimes with a line graph K? It is only because we all believe in it, So it spirit. This is a reason with the fortuneteller. the stock market is a magical place, it can make their own predictions mm Everyone says that up, it is really up. Everybody says to fall, it is really will fall. like all the ants say A heap of food tasty, B reactor seems a bit stupid, then the ants would have to climb A heap. Some pundits cattle, does not lie in his insights, but because he mm the influence of what he said we are willing to believe, so the achievements of his prophecy.
stock Kingdoms - Buffy the meat market conclusions
professionals do not fly completely
400 years, the stock market has been a need to use transmission dynamics to interpret things, and nothing to do with the psychology and economics. change, only means of dissemination of information or rumor nothing more. That year, the London Stock Exchange no. stocks are in the alley trading, as Today, drug dealers to sell Ecstasy. the English language market is called Exchange alley, because that is there. bookmakers eat goods, to send a bunch of brokers, bitter face was walking in the alley, tell everyone that the Indian The bad news, then send another person to another Diminshing acquisition has been allocated a large portion of the stock plunged. After a few days, and then do the opposite, back and forth make the difference. Then one stock, the brokers say goodbye despite wind and rain of the field work, working conditions has been greatly improved, each also made a vest. but the basic logic has not changed: When the agent Ye Hao, today's stock corporations, or are relying on complete customer stock trading commissioned to earn fees. So now the customer will need to shift the Caixing ground. This is the theme of individual stocks every day constantly rising market trend suddenly fell suddenly the root causes.
and ants differed from their shareholders, to the pile today, tomorrow to the heap. Anyway, changed his mind, the broker has to make money. But the situation of investors a lot worse than ants: the ants are passed to each other, true information, and in the dissemination of information among investors, but simply off the mark. that time, only telephone commission when the broker to the customer to call every few days, and today the stock has had to find another, better than you are now in hand. tomorrow, said there are rumors to the broader market lower, or else we observe the first observation of clearance? word will not let you corpuscles.
later with television, too many investors, brokers, like selling Amway as aware of all customers and give them a call path to nowhere. how to do it? mm pundits came into being on television every day in the analysis, the stock market volatility of the stock market frequently, spread throughout the guise of stocks subject to millions of households.
into the Internet age, even a public pool. Since the media age Well, Tun Town has the right to speak. stock it really made that What's all. I knew, shit no, Ben fifty people, and are posing in stock it in a fund where people trusted junior employee fraud mm provide him with Hutchison, taking 20% of the profits. to say we really are good people. He must, when there is no deadbeat. But if such things are not allowed to the mm is not uncommon, one accused of the mass, he took the national policy document ah CBRC ah these Internet, open seven or eight QQ, spread around As long as he found 50 such people, that is, 10 million of capital. The 50 people still gossip sister or something, the more their message is strictly prohibited exposed, and the message run faster. so a conservative estimate, by his seven or eight with QQ, two or three a week to mobilize thousands of out of a stock, it is not a problem. In this way, his Well. In contrast, the control of professional securities company news release, they are deliberately deceived retail investors. So you see, the stock market is such a place: as an amateur liar, always telling the truth, and professional who is totally not reliable.
stock Kingdoms - Buffy the meat stock method
poker is a Kaopu choice
You see, the stock market is such a place: the Fund, please buy stocks for you right professional according to the U.S. experience, the Fund's income has not fried your blind more higher. based on rational analysis of it, the stock market never starts acting strangely. But listen to the message it, to tell the truth but only a liar, which in turn is a paradox On. how do? The following is a portrait of the dedication of the meat's meat stock method, ask you to criticize correction:
1. Since we run into the rare, Daniel said, and then do not tell the people competing with. With the large stream it is. But do not believe what a pack of lies 15 older cattle. Western countries studied by the top-level economists ten years, the conclusion is: no European law of the economy to be found.'d United States, variable intervals to 9-17 years, it seems that the graph can have so little meaning. But in the end is Gesha mean, now the experts still debate. the economy of a country like this chaos, you are stunned to see the Chinese stock market 15 older cows? crap thing!
2. During the long bull continued to maintain full warehouse with its ups and downs, much better than in and out of. because since the long-term is up, you stayed there without moving A provincial commission, the second to avoid Ta.
3. Since clutching his warehouse full of cattle during the long strategy, how to pick stocks that? The great learning. I am still, since the money is for children, why not the decision to choose the right stock to the child himself? after the make, kids to cultivate a sense of honor. in case of loss, and I get no complaints. taking into account the professional stock analysts carefully selected out of the stock performance not as good as bird darts disk, I think the decision to choose the right stock to the children, the choice is a very beautifully shy.
specific operation is as follows:
buy a pair of cards, remove the trump cards and flowers, from A to 10, respectively, on behalf of 1,2,3,4 hh and 0. Every Friday afternoon, the card removed, washed seven times (more than seven times the worse dispersion), please order the child draws three cards (each card out, the card should be put back deck, then reshuffle the cards once). If the first out of the red card, the representative of Shanghai. If the card drawn is black, the representative of Shenzhen. In this way the stock selected, each Monday to buy 100 shares, has been on the cover to his 18-year-old high school. son is now a half years old, not to say that 15 older cows it? more exciting this way of saving fun. compared to records of bank, a little unknown variables are not , it is boring borne.
customers in the Shanghai stock read books in bookstores. recent surge of new investors, securities investment and finance books strong sales Xinhua News Agency
stock Kingdoms - Three Discussions on China's stock market < br> Culture Type: writer, poet, Ke Ping
unexpected fun
I started in stocks and the memory is July 1997, the day take the opportunity to visit a friend who is a local place of business department of a large securities company room, the first fluctuations in the honor of seeing the wonder of the curve, suddenly feeling a little was hooked. The next day, after opening, even started my career in securities investment.
The idea was fairly simple, not as good as money in the bank stock this stuff, all the time fluctuations, to give life an unexpected pleasure. After six months, I spent a lot of time to read this book, and the technology class to fill. I s one of their own research and buy the stock of CITIC Guoan, just three months, more than doubled my money. have this effect in the money, interest naturally greater.
stocks for 10 years, many things are memories. For the individual memory of crash, it should be 1998 January 14, the day both the Shanghai and Shenzhen stock markets fell sharply Tiaokongdikai, stocks generally have the lowest decline of around 7%. when I started going to City shortly first time I saw such horrors, that it is impossible not panic, but it is as a novice, in the same room who are determined to sell big, I Zhigu watch, forget the operation. afternoon, Shanghai, Sichuan Changhong led to recover, nearly three-quarters of the loss to make up the basic be a false alarm. There are pieces of memorable things, involves one of my friends fall in early 1998, she will account for 2.2 million of funds entrusted to I took the operation, she chose me to share two mm Franc Steady Xinxing Ductile Iron Pipes Group and built a warehouse in batches, from the year in October to next May, the trend is not good, lost 11% of the funds. dramatic events in the 1999 May 18, that morning, she suddenly the stock market to find me that do not want to play with anymore, because the Chinese stock market is very disappointing for her, I tried to persuade her to give up the idea, the results proved to be ineffective, they had to sell. The next day is the most famous of the China Securities , from which I feel is much larger than the financial management of the fun, so much to invest in China stocks, it is more investment in yourself.
paper / newspaper reporter Cao Hongtao
technology-based practice: Software R & D staff Ryu
Every time I earn 8%
I graduated from Tsinghua University, the software company for many years. I have time to market earlier, we can say how the stock market did not lose it, because I earn 8 per transaction %.
My view is: Today, the average person only stocks to ensure your assets do not depreciate, so everyone should be involved, but do not think of making a fortune.
my stock is to first identify a only the approximate value of the shares, as long as 4% below this value, I'll buy, 4% higher than this value, I have to throw away. In general, I earn the 8%. I used Office suite Access specifically compiled a small program to help me automatically qualified stock options.
Why is 8%, very simple, financial experts will tell you, your assets at an annual rate of 7% loss of just 8% 7% higher than one percentage point, stocks can guarantee I'm not in the depreciation of assets, but a slight profit.
a bear market a few years ago everyone said, I actually entered this way, never had a loss, each pen can make money, but the frequency of buying and throwing slower than it is now, about two to three months of the business cycle.
then the value of a stock should be about how much? calculation is actually very good , the historical performance of the stock to make a simple data analysis, they will naturally work out its approximate value. In fact, investors would do this for each, I calculated by the software, others may see a dozen stocks, I can see hundreds of stocks. you spread the investment side, the risk diminishes.
few years ago, a relative took a stock, I persuaded him to throw away, he was earning too little, can not be reconciled , the result will be caught. now finally a set of solutions, but also earn 100% of the money, and I said he had insisted was right. I said to myself, you make this a fold of good years, I have more than 8% turn twice a year can be a double, doing the right or I.
bull market now, like me, caution can not earn big money, but business cycles, and now a few days to earn 8 %, one year, still is very impressive. this is good business, and I feel very satisfied.
professional: Fund Fellow Zhou
retail bullish bearish stock market can not unite
, Today is already the most popular topic. more and more individual investors issued a Because individual investors can not unite, the retail stock market of the most blind a group, but the greatest impact on China's stock market, some stocks rose too does not make sense, which is buying the retail blind.
market is a kinds of investment behavior, each have their own interests and retail investment prospects judge, can not be closely aligned, if the aggregate retail investors who can put together, it is not retail, and it is already a fund company.
fund managers a lot of pressure, the general will dry 3 years, because each company has bottom out of the system, which stimulate the fund managers to help customers get more benefits. but the stock market is full of chance, like last year, the stock market this breakthrough growth, many experienced fund managers rashly dared to follow up the results of doing a good job performance, and finally laid off.
buy funds or buy stocks, mainly to see the investment habits, it is difficult to say who benefits more. text / reporter Chen Hui
stock Kingdoms - China's stock market derivatives
retail voice: do not sell , funny behind a thousand unspeakable emotion.
loss after the first word of the earned
Gong Kaijie friend brought enterprises engaged in logistics, amateur creative lyrics, the first original has a few hundred for the million, to guarantee the end of 2005, doubled in 2006, doubled again in 2007.
from loss to profit, Gong Kaijie happens to be taking a In his view, China's stock market has not really dead stock, as long as death cover, eventually will succeed, he was working hard and making a 5-year and eventually his head proudly. no one is down, so long as long-term, the stock market will eventually have a future. : will have a positive attitude. ; wiped away tears, be strong, there rose the day. the stock market's future. text / reporter Chen Hui
stock Kingdoms - sooner or later, this newspaper is special comment
Chu Laihun to repay
Takasugi: Two years of experience in the securities, the fund industry researcher Li Ren Taixin , strategy researchers, the current International Fund Management Limited Fund Management industry experts.
China's stock market began surging in 2006 major bull market, so far, stock or up to 3 times. If the stock market in 2006 is both ends of the style, in the first half dividend for the share market reform, RMB appreciation and the savings compared to the second half of the context of the revaluation surplus. then into 2007, especially after the Spring Festival, the retail market is very obvious feature of the stock market as people Biography flower drum game.
no doubt that this bull market has a solid fundamental support, the market context are rules to follow in early .2006, international commodity prices high again and again, driving an explosion in domestic profitability of listed companies , the share price soaring. Meanwhile, the vigorous development of China's equipment manufacturing industry to enhance China's industrial structure, related companies, such as shipbuilding, engineering machinery, beautiful movement. The last round of macro-control makes the periodic production of investment goods tends to smooth release, 2006 the second half of a significant rebound in prices of investment goods, and reflected in the narrowing of cyclical fluctuations and the degree of industry concentration significantly increased, steel, cement and other periodic rate of return on investments in the sectors is already more than in 2006, the highest level in history, but also in The commodity prices have not reached the peak of 2004 cases, China's economic prosperity is evident.
most Asian economies have experienced large currency appreciation during the bull market, while China coincides with the resonance of multiple factors. China prices of factors of production is too low, especially in the real economy, low interest rates make the cost of capital low and high rate of return, even if the consecutive rate hike, but also far away from the neutral rate. China has in the demographic dividend period, the highest proportion of population in the prime of life, It is the golden age of China's economic development, high-return real economy absorbed a lot of labor, large numbers of workers to create social wealth brings consumption to accelerate and upgrade, this year is the Year of the Pig, baby boomers have been surfacing, high-end supermarket bottle and diapers were tested out of stock status! sustained trade surplus and savings glut caused by a number of markets in the same direction the stock market upward revaluation mm up, house prices are rising and bonds rose, and even antiques and stamps are also up! revaluation with to the wealth effect, higher asset prices lead to more credit lines, is of a higher consumption, then shaken until the basis of the revaluation, the end of the demographic dividend, the asset bubble of immunity over the financial system, this round market will really end.
for the public, they may not know what the market's valuation, asset bubbles. but this year seems to have raised funds is not the dominant market force, a quarterly show an overall decline in positions But the stock market become more popular because of people's power! shares held by individual investors, the proportion of market capitalization in just four months from 52% to 62%, meaning that retail investors bought a net 270 billion shares, while institutions sold a net 270 billion shares, is their center of gravity pushing the market to play the elimination of depression and the cap, lower valuation of the main force role. Historically, the bull market in 2000, residents in financial transactions, securities and deposit accounts ratio of 1 to 3, and the current securities assets held by residents of about 3.8 trillion, deposits of 17.1 trillion, ...
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