In April of this year, the A-share market experienced a correction that lasted nearly a year, and the market is currently in a state of panic. Negative news that stirs the emotions of every investor is everywhere on major platforms. I can't help but wonder why these self-media and related institutions are all shooting arrows after the fact.
When the Shanghai Composite Index drops slightly, they loudly proclaim: 'The A-shares are doomed.'
When the Shanghai Composite Index rises slightly: 'Some self-media and official sources cheerfully shout across various platforms that the Shanghai Composite will soon break 10,000.'
They know how to stir emotions, and sometimes I wonder if they are doing it on purpose.
Just like the decline before April, it was obvious that it was a mid-way adjustment wave to the rise at the beginning of 2024, and it was bound to break the previous wave, which is 3680, and there’s no dispute about that.
Furthermore, since the price has already reached my expected point, logically speaking, the current market situation is not something we small investors can participate in; we just need to refrain from trading, and avoid taking profits or losses. We should quietly wait for those market experts to figure out the trend. #波浪理论