New Energy (Medicine): Scumbag! Say yes and don't give up, stay alive for life

#热点观察局新春季 #

Yesterday, the two cities traded 936.3 billion yuan, the three major indexes shocked and differentiated, of which the Shanghai index rose 0.17%, the Shenzhen component index fell 0.73%, the ChiNext index fell 1.98%, tourist hotels, aviation airports led the rise, new energy, medicine led the decline, the net inflow of northbound funds was 4.52 billion.

In view of the decline in new energy and medicine again, the dan players have invented a new word "to kill you", that is, the combination of WuXi + Ningde. Pan Chinese medicine king and Ning Wang have hit new lows in recent times, making the small partners who hold new energy, medicine and gem board complain. The star fund managers who have stepped on the wind for a while because of the heavy positions in these high-boom industries have recently been scolded on the hot search, of which the hottest and most controversial is not the Gülen of Central Europe. This sister who is a sister who has gone alone in public fundraising with heavy warehouse medicine has recently triggered a unanimous crusade by the small partners who hold the basic people because of the large withdrawal of medicine + last year's clearance redemption + high-level unlimited purchase.

The old book can understand the feelings of loss and anxiety of small partners, but insults or venting cannot change the current market trend, nor can it prevent the net value of the fund from continuing to fall. The old book is not to say good things for fund managers, but to tell friends a cruel truth: in the market except for yourself, no one will be responsible for your money, the money you earn will not be distributed to others, and the money you lose will not be made up for you. The only thing you can do is to reflect and summarize, reflect on what defects still exist in your investment logic and investment behavior, and summarize what methods you can use to overcome the current shortcomings.

The title of the old book takes a ridiculous tone, not to irritate or ridicule the friends. In this wave of market adjustment, the old book has not been spared, but because it entered the bank, insurance, home appliances and infrastructure in advance last year for defense, it is not as injured as the small partners who are heavy in new energy or medicine. In fact, since the second half of last year, the old book has been reminding of the risks of new energy, but it has been repeatedly punched in the face. After the number of times, there is less attention, but at that time, the old book in the article also said many times that it was not bearish on new energy, but only that the short-term increase in new energy was too large, the industry was overheated, and there was a risk of a pullback, and clearly pointed out that if the risk was released after a certain correction, it would consider the reverse layout of new energy.

As of yesterday's close, the new energy ETF retraced nearly 25%, 5 points away from the previously predetermined target. If it can really fall to the target price of 30%, the old book will adjust some positions according to the plan to reverse the layout of new energy. There may be small partners will wonder why it is 30%, this is actually no standard, depending on personal circumstances, if the small partner likes to set 40%, 50% of the line.

As for why the reverse bottom of the new energy, the logic is also very simple, that is, new energy is the future trend, this wave of adjustment is to kill the valuation rather than kill the logic, so under the premise of having missed the first wave of the start of the market, there is no reason to miss the second wave of more magnificent market. Here the old book also has to remind that reverse bottom reading is a long and bad process, which is a very test of personal will and confidence. In the process of bottoming out, there will be various ghost stories to move out, such as the 40 billion redemption of Gülen's fund that broke out in the intraday yesterday, Gülen's sale of Ningde era margin medicine, etc., and such as last year's Great Peace, Vanke will go bankrupt and so on. In addition, the old book will use ETF tools instead of individual stocks, the reason is that the current ability can not control individual stocks.

Don't come to the top, don't turn away at the trough. This phrase applies in working life as well as in investing. Last year, you came to the peak of the new energy stage, and the result was a mess; now you have to turn around and cut the meat to leave, which is really a permanent loss. At present, new energy has been pulled back by 25%, and some individual stocks have drawdowns even greater, which has released some risks. If you didn't run away before, don't cut the meat now, it hurts too much, and you can die without adding leverage! The last adjustment period is like the darkness before dawn, carrying the past can be reborn, and it is doomed to be a leek if it cannot resist the past. How long a minute is depends on whether you are squatting in the toilet or standing outside the toilet, and how long the same pre-dawn darkness is depends on whether you have a victorious mentality.

The current new energy and medicine are like two goddesses in the middle of the family road, they were once so beautiful and unattainable, at that time you can only stop and watch, and do not dare to have a non-dividing thought. Now the goddess has no dependence, purely want to find a reliable person, find a place to live a good life, but you do not want to believe, but also hate the goddess, think that the goddess is not worthy of your love. So ask yourself, do you really love the goddess in your heart, or the goddess's family background?