This is "forcing the good to become a prostitute"!

There is nothing big going on today, and the market is relatively calm, no longer with the same sharp rise and fall as the previous two days.

Say a few words tonight, and it can be summed up in four words: force good people to become prostitutes!

Today, the Shanghai Composite Index once rushed to 3100 points, but it was quickly smashed.

rushed to 3100 points, and the biggest contributor was CITIC Bank, which directly connected the board.

Pulling the bank is related to the new "National Nine Articles" to strengthen dividends;

However, the market chose to pull CITIC Bank, and the direct fuse was two "small essays":

First, it is rumored that following the example of the three major operators and three barrels of oil, bank stocks may "pay dividends twice a year" in the future, and speculate that China CITIC Bank will be the pioneer;

The second is the rumor that "the index weight has increased the proportion of CITIC".

In A-shares, those who can become leaders basically have the factor of "small composition".

Sentinel believes that the core of the current market is: can the weighted blue chips represented by banks continue to rise?

The direct reason for the market speculation is that the new "National Nine Articles" strengthen differentiation and encourage value investment.

The value investment understood by A-shares is a low-valuation blue chip such as banks, which is a habit formed over the years.

However, the weight of blue chips and value investment must not be equated.

At the same time, the trend of China CITIC Bank is obviously dominated by speculative funds.

Moreover, after the Shanghai Composite Index hit 3100 points today, it was smashed immediately, indicating that funds are generally afraid of heights (only 3100 points), and it also shows that speculative sentiment is dominant.

Therefore, speculating on blue chips is just a show, and does not solve the fundamental problem.

Why is speculation prevalent?

Many people will say that it is because the Chinese gamble too much, so A-share speculation will prevail!

Sentinels believe that this view is putting the cart before the horse!

Where are the most gamblers?

The answer, of course, is casinos!

Is Capital Markets a Casino?

It shouldn't be!

However, some people have turned it into a casino!

And it is a casino where you can look at other people's hole cards at will, you can play at will, and you can manipulate & change the rules at will!

forced the people who wanted to invest into gamblers.

In other words, bad money drives out good money, forcing away those who want to invest, leaving only those who like to speculate!

So, to solve the problem, it is necessary to turn the casino back into a place for investment.

The key to this, the sentinel has been talking about repeatedly for nearly half a year: plugging the loopholes in the rules!

It is not allowed to look at other people's hole cards, it is not allowed to play tricks, and it is not allowed to manipulate & rational rules......

The core is two words: fairness, fairness, or TMD's fairness!

Finally, tomorrow is 419, and it is estimated that there will be another big drama......