The broken jar was broken, and finally there was no longer a fig leaf, and A-shares fell below 3,000 points again.
There should be some firecrackers here, because the early break is overborn, the early break is early, the bottom is seen early, and the more the national team protects the plate, the worse the loss will be.
Compared with the miserable A-shares, the next-door neighbor Ah San's ** has been soaring, rising nearly 22 times in 20 years, to say that it is not envious, jealous and hateful, it is a bit too fake.
However, don't be disrupted by yourself, because first, the Indian Mumbai Index has only 30 constituent stocks, while the Shanghai Composite Index is a composite indexSecond, the total market value of India** is much smaller than that of A-shares, and after rising 22 times, the total market value is only 30 trillion. In other words, India's market value 20 years ago was less than 1.5 trillion yuan.
There's data, there's truth
If you show you a set of data, you will have a more intuitive feeling.
The total market value of A-shares in 1991 was 109 billion, and in 2003 it was 424577.1 billion yuan, in 2005 it was 324460.1 billion yuan, 2007 is 3272913.1 billion yuan, which was 230357 in 20126.2 billion yuan, in 2015 it was 531304 billion yuan, and now it is 80 trillion yuan.
If you look at the total market capitalization, in the past 20 years, the total market value of A-shares has increased by nearly 19 times, in fact, it is not much different from the market value growth rate of India's **, but the market value growth of A-shares mainly comes from IPO and refinancing, and the number of listed companies delisted is too small.
Looking at the above data, it should be understood why 05-07 and 13-15 were able to get out of the big bull market, and now it is impossible to get out of the big bull market. This problem, in the past few months, brother has said many times, if a large number of A-shares are not delisted, it is impossible to get out of the big bull market in the future, at most there is only a structural bull market.
Why has the Beijing Stock Exchange been speculated recently?In fact, it is just because of the small market capitalization, after the recent round of speculation on the Beijing Stock Exchange, it is equivalent to the market value of the Shanghai and Shenzhen exchanges in 93.
Break 2863 and then talk about the bottom.
This morning, my brother spoke on the planet:
Each round of the bull market is won by ** itself, not by the savior.
Only when the market loses its financing function and new shares cannot be issued will the policy really reverse, the bear market will really end, and the bull market will really come.
Saying is more important than doing, don't look at how to say, look at how to do.
If you want the bull market to come early, then, all the best, can do one thing, that is, do not hit new stocks, when the vast majority of people no longer play new, when the new investment can not go out, the bull market will enter the countdown, when the high premium of new stocks can still be sent out normally, the bull market is far away.
In addition, only after the Shanghai Composite Index falls below 2863 can it really bottom out. Because, after falling below 2863, it is possible to complete the three waves of ABC's bear market, and several other broad-based indices have already fallen below the lows of April last year.
As for the question of how to judge the bottom, as early as October last year, my brother said that no matter whether the bear market bottoms out or the phased adjustment bottoms out, there will definitely be a big white line with a large rise in volume.
If you don't see a rabbit, you don't scatter an eagle, and if you don't see the sun, you don't add a position.