On Tuesday, the A-share index fell, and the Shanghai Composite Index fell by 3,000 points, according to the historical statistics of netizens, it was the 53rd time to start the 3,000-point defense war, and the number of times was actually that the 3,000-point defense battle was not so important. Judging from today's market, the national team did not come out to protect the disk, but let the market adjust. Today's only strong positive broad index is the BSE 50 Index**728%, structural hotspots are always present.
Today, the turnover of the two markets was 822.5 billion yuan, a decrease of 3 from the previous day3%。The net outflow of the main forces of the two cities was 45.5 billion yuan, and the net sale of northbound funds was 75$2.1 billion. The domestic and foreign double major sell-off broke the long-standing 3000 points of the Shanghai Stock Exchange, the apparent reason may be the rating of a certain institution, but it is also more of a lack of confidence, and the long-term attack can only choose the direction of less resistance.
For the Shanghai Composite Index to fall below 3,000 points again, many friends feel disappointed and hopeless, which can also be seen from the panic and greed index of the leek circle app yesterday. Even many people think that they will always hover around 3,000 points in the future, and this part of the pessimists is likely to be optimistic people in the first half of the year.
As early as the beginning of October, I wrote about the fourth quarter, I think "2023 A-share fourth quarter outlook: the bear market is coming", the most pessimistic part of the Shanghai Composite Index downside space will not exceed 10%, I was in the Shanghai Composite Index 3100 said, that is, it is basically difficult to fall below the previous low. It's just that the latter two optimistic speculations have not been realized, that is, the Fed has not completely ended the interest rate hike cycle, and still needs to wait for the announcement in December, and the progress of China and the United States in November is actually not as good as market expectations, which is why northbound funds are still selling slightly in the near future.
It's just that I always believe that a normal investor should believe in the national fortune, because those who don't believe in the national fortune have already run out, and they still have hope for the country if they don't leave. As for whether it is low, it has been discussed in many articles that the adjustment time, space, and valuation of major indices are actually relatively low. I guess you won't believe it if you say more, but I always believe it, so I also use a real ** account to continue to practice my views.
Operation Log:
This time, both real accounts continue to open weekly regular investment, converting bonds** into indexes**. The main investment directions are CSI 300, STAR 50, Hang Seng Technology, CSI 500, CSI 1000 and ChiNext growth. After this increase, Luo Ji's relatives and friends** equity assets accounted for 95%, and family** equity accounted for 100%, which is also the first time that family** has crossed equity assets after reducing positions in 2022. Of course, I do this mainly because the family ** has a fixed investment of 1,000 yuan of new funds every month, and Luo Ji's relatives and friends** I will also increase the capital in December. Under this premise, it was a relatively low level that a large increase was made.
In the case of a normal and stable account, that is, there is no continuous flow of funds, I think it will be better to control it at about 70%, and below 3000 points on the Shanghai Stock Exchange, it can be gradually filled, but it also depends on the risk tolerance.
As for why not wait for a lower position, but choose to increase the position on the first day of breaking 3000 points. Because I don't know when and where the national team will bail out the market, I can only invest on dips. And below 3000 points, there is indeed a market bottom, so the simplest thing is to keep buying below 3000 points every certain time, and split the big money into small funds to keep buying. In this way, at least most of the ** are bought in relatively undervalued positions.
The above are today's market notes, which are only used as personal daily reflections on the market and are not intended as trading advice. Investment is risky and should be traded with caution.
I focus on indexed investment, advocating the best cycle theory and comprehensive allocation. Daily update of A-share review log and **real notes, every day** on the account with the same name can view the public** portfolio, friends who are interested in indexation investment are welcome to leave a message or click on the attention not to get lost.