After the A share crash, from a mad bull to a slow bull? Or is the bull market over?

The road to the A-share bull market is still very long, and it is far from over, and the really healthy bull market is not a mad cow, but a slow bull, so the bull market will become a slow bull after a big fall on the way, and it is never allowed to become a mad cow.

First of all,The policy needs a round of slow bulls, not fast bulls or mad bulls, a round of bull market is not due to a certain day or a month will end a round of bull market, the bull market is a long cycle.

The same is true of the bear market, the bear market is also every **to a stage will appear overfall**, is this over-fall** is the end of the bear market?

If you judge whether it is a bull market or a bear market on a certain day or a certain month, this is speculative thinking, not investment ideas, investment must have a long-term vision, so the policy is the same, and a round of bull market or bear market needs to be brewed for a long time.

Then,The bull market is volatile, and every round of the bull market is bound to have a big rise and a big fall; Similar to the continuous sharp rise in early July, and then the sharp fall in the second week, is it possible that the trend of this two weeks has caused the alternation of bulls and bears?

The answer is impossible, every time the bull market reaches a stage, it will be washed, and the wash will inevitably have a big fall, or even a trend. **or** on the way to the bull market is to prepare for the next round of pull-up and pave the way for the next round of bull market pull-up.

Secondly,With the end of a small bull market in June 2015 and the end of the A** market at 2440 points in January 2019, the A-share bear market has come to an end, and it has entered a bull market from the bear market.

Although this bull market** has been running for a year and a half, the overall bull market in this year and a half has only risen by 41%, which is still at the bottom of the bull market. From the historical bull market, the increase is at least in multiples, since the bull market is still at the bottom, and it has been a year and a half, it is enough to show that this round of A-share bull market is a slow bull, not a mad bull.

Finally,**The only slow bull in the market is in line with everyone's needs, the policy hopes to slow down the bull, and investors also want to slow down the bull, **The market is also only a slow cow in order to develop healthily and for a long time.

If you go mad or fast, you will inevitably be suppressed by the policy if you do not conform to the direction of policy guidance; In addition, if you go mad bull, investors can't make money, and they lose money by making the index.

The real bull market is a slow bull, as long as the bull market is determined, the ** on the way is for the better**. On the contrary, similar to the bear market, the ** on the way is for the better**, and the short-term ups and downs will definitely not change the general trend.

In short, the current round of the bull market in A-shares is not over, and it is still at the bottom of the bull market, and the bull market is still a long way to go, at least until next year. This is a big bull market with historical significance, and it will not end until it breaks through the all-time high of 6124 points, so let's look forward to the next healthy and long-term slow bull**.

It will change from a mad bull to a slow bull, because it has fallen a lot before, and there is no longer a long-term bull market that will make people lose confidence, but now don't blindly invest first.

The bull market in A-shares is not over, and mad bulls are not conducive to the long-term development of A-shares, so it is normal for mad bulls to slow down.

Judging from the current situation, it is already a slow bull, has been hovering around 3100-3400 points, and now there is not much good news, and foreign capital is also flowing out. As for the end of the bull market, it should be some time left.

Over the past year, several countries in Europe and the United States have doubled, India has also doubled, and there is no bull in the world, and the United States has risen from more than 6,000 points to 35,600 points, which has doubled a few times.

In my eyes, it's a stock market crash now, and it's really scary for a while, and I want to die.

This doesn't have to be, even in a bull market, some ** won't**. Therefore, it is necessary to choose high-quality Jixi** when it is empty, and it is not possible to blindly **, **market.

There are risks and investments need to be cautious.

The ** in the bull market can be multiplied several times or even dozens of times, and the specific multiple is difficult to say, which has a lot to do with the scale of the bull market, the ** and the ** itself. Generally speaking, when a bear market enters a bull market, it is normal for **to double, but not all **sectors can have dozens of times larger**, and some have run out of the market.

After experiencing the post-holiday violent**, many investors are more confused about the medium-term trend of the market, and some investors believe that with the tightening of liquidity and the decline of high-level core assets, the current round of bull market at 2440 points that began on January 4, 2019 will come to an end.

We don't think so. From the perspective of 3 aspects, the A** field is still in a slow bull**.

On the one hand, from the perspective of the previous bull market gains of A-shares, the bull market from June 2005 to October 2007 experienced 28 months**, with an increase of 568%, from October 2008 to August 2009, the market experienced 10 months**, with an increase of 136%, and from December 2012 to June 2015, the market experienced a 30-month increase, an increase of 274%.

Since January 4, 2019, the current round of bull market has not risen by more than 100%; This shows that the current A** field is still in the phase sensitive pair of mild slow bulls**.

On the other hand, from the perspective of the valuation indicators of A-shares themselves, the median PE and PB of A-shares peaked in 2007 were 62 times and times respectively. During the peak of A-shares in 2009, the median PE and PB were 41 times and times, respectively. During the peak of A-shares in 2015, the median PE and PB were 82 times and times, respectively. Bridge Travel.

The current median PE and PB of the A** field are multiples and multiples respectively, which are much lower than the bubble period when the market is overestimated; At present, A-shares are still within the range of reasonable valuations; In addition, after the adjustment of the previous high-level group stocks, the valuation level has gradually fallen back to a relatively reasonable level, and the risk of structural bubbles has also been resolved.

Finally, the U.S. will not raise interest rates in the short term, and monetary easing will continue for a while; China also said that we did not engage in so-called quantitative easing last year, and there is no need to make a sharp turn this year.

To sum up, the current round of bull market gains in the A** field is far less than the previous bull market peak gains; Current valuation levels are still within a reasonable range; At present, the liquidity of the market is still in a relatively loose situation. Therefore, this round of a**field** is not over, and the bull market is not over!

With the release of market sentiment and the resolution of structural bubble risks, the A** field may be expected to accelerate in the short term, and it is expected that the future will still be in a structural slow bull**.

The current bull market of A-shares must be running in the form of slow bulls, not in the form of fast bulls, which can be analyzed from the following aspects.

First of all, from the analysis of the significant bull market ** in the history of A-shares, the big bull market in 2007 and the small bull market in 2015, etc., these are actually a round of slow bulls, not fast bulls; And this round of bull market is definitely bigger than these two rounds of bull market, the bull market lasts longer, and this round of bull market will surely become a historical monumental bull market.

Then, from the analysis of the management's wishes, similar to the Shanghai Composite Index in early July, it soared by a few hundred points in just a few trading days, and the speed of the rise was too fast.

According to this rate of growth, it is obviously a bit crazy, at this time, the management urgently cooled down and released some news to curb the irrational rise.

For example, the national team, which has dealt a big blow to the confidence of shareholders, since even the national team is not optimistic about the current situation, everyone will inevitably follow suit.

Secondly, the China Banking and Insurance Regulatory Commission also changed the allocation of funds, and it is very grim news to check the allocation of funds in the ** market, once this kind of funds are checked, many funds will flee. These funds are out, which has a huge impact on ** and can significantly cool down.

Therefore, the management threw out the suppression news at this very critical moment, the purpose is not to hope that the ** will rise too fast, and the message is very clear that the need for slow cattle is needed, not that they hope for fast bulls.

The second is to analyze from the perspective of the long-term development of the market, if the market wants to develop healthily for a long time, it must be a slow cow, and only such a slow cow is what the market needs.

If you come to Kuainiu, A-shares are a speculative market, and if they skyrocket, a market ups and downs will eventually hurt the interests of investors, and the management is the last thing they want to see.

The last point is from the perspective of institutional and shareholder investors, I am sure that everyone wants to go slow, and they don't want to go fast.

Fast cattle are not profitable, only slow cattle ** everyone can make money, which is also in line with everyone's desires. After all, it is not easy for a round of bull market in A-shares, and it takes a few years for the market to have a bull market.

In short, no matter which aspect of the analysis, only the slow bull, management, market, institutional investors, individual investors, etc., all hope to go slow, but not willing to go fast. Therefore, as long as everyone works together, I believe that this round of A-shares will come out of the long-term and healthy slow bull**.

Is the current round of bull market in A-shares running fast or slow?

1. Don't be in a hurry to buy **, don't just want to buy the lowest price, this is unrealistic. It is also good to really pull up**You are the high price**, so it is better to buy**miss, not to be at fault, not to buy and sell blindly**, it is best to buy **familiar with the disk**.

2. If you are not familiar with it, you can simulate trading first, be familiar with the nature of stocks, it is best to follow for a day or two, familiar with the operation methods, and you can master the best points.

3. Pay attention to the necessary technical analysis, pay attention to the changes in trading volume and the language of the disk (the situation of the disk buy and sell orders).

4. Try to choose hot spots and appropriate points, so that the stock price can be out of the cost area after the same day.

Three people and: ** is more, the popularity is strong, the stock price rises, and vice versa. At this time, what is needed is personal ability to watch the market, and whether it can find hot spots in time.

This is the key to success or failure. **Operation** to be ruthless, the mentality to be stable, it is best to be correct**after the stock price** out of the cost, but once the judgment is wrong, when it comes to adjustment**, it is necessary to sell the stop loss in time, you can refer to the previous post: win in the stop loss, here will not be repeated.

Fourth, the skills of selling**: **It is impossible to be all the time**, there will be adjustments when it rises to a certain extent, then the **operation will be sold in time, generally speaking, when making money, it is right to sell at any time. Don't want to sell the most, but for the sake of the greatest profit, there are still skills in selling, I will introduce my experience (not necessarily the best):

1. If there has been a certain large increase, and the volume is rapidly rising to the price limit without sealing the limit, you can consider selling, especially if there is a long upper shadow.

If you put a huge amount of stagflation or a long upper shadow line in the minute or daily line, you generally do not continue to increase the volume the next day, and it is easy to form a short-term top, so you can consider selling.

3. You can see the 15 or 30-minute chart of the tick chart, such as 5** cross 10 days ** down, and sell in time when the trend feels weak, this trend is often the beginning of the ** adjustment, which is very valuable for reference.

4. For the wrong purchase, you must stop the loss in time, the higher the better, this is a long-term actual combat practice accumulation process, you have to pay if you see the mistake, there is nothing to wait.

The current round of the A-share bull market is a fast bull operation, and it has entered the adjustment stage because it has been running too fast recently, and it remains to be seen in the later stage.

It can be seen from ** that it is a bull market! After a few days, all kinds of cows, ghosts, snakes, and gods came out to say mad cows, fast cows, and how many people made money in this time, only to see another batch of leeks being cut.

It is estimated that it is a slow cow, although affected by the epidemic, a lot of real estate funds have entered the **, but the wait-and-see attitude is still obvious.

Fast Bull**. Because A-shares have risen by hundreds of points in just a few trading days.

Snails don't count! More than 4,500 listed companies are still issuing new shares, and the trading volume is only one trillion, where is the bull market?

At present, it is a slow bull pattern, and there will be a bear market after becoming a mad bull**.

2019 is now, you say slow or fast. It's just time to accelerate.

It's not that the fast bull or the slow bull runs, but that the investors don't run.

**Count**Ah, today opened 1,000 shares high, and this is really a bull market.

Everybody made money? Money from **? Immature!

Is it bullishness? It's a sick rinderpest cow! Disabled Cow Dead Cow!

You have a bull head, how can there be a bull market?

Thirdly, you need to run a simulation before you do the real thing, so that your losses can be minimized.

Fourth, it is necessary to have the basic knowledge of three aspects, and then continuously improve these knowledge in the process of speculation: one is the basic analysis method, the second is the technical analysis method, and the third is the risk analysis method.

Fifth, you should understand that there are still many irregularities in China's current market, so you should also have some technology for China's market, such as the problem and performance of making a bank, and the role and significance of stock evaluation.

Sixth, you should pay attention to both long-term and short-term analysis and investment training, and you can't learn all the financial knowledge just by doing it short.

Finally, you must know that there are some financial knowledge that cannot be learned through China's ** market, so you should step up your efforts to learn other financial knowledge in addition to **, which seems to be of little use to the current **, but it may be an important part of your future livelihood at home and abroad, and achieve huge benefits.