The market is plummeting, where is the bottom line?
When the big pie market starts to get out of control, and the cottage industry collapses, you have to believe that Uncle San, like everyone else, is bearing the shrinkage of assets brought by the big pie. The only difference between me and everyone may be that I will pay attention to the causes of the current trend in a timely manner, and then judge the possible short- and medium-term impacts, and then draw conclusions to cheer everyone up and replenish their faith.
With the market reaching this point, there is no doubt that 73,800 points is not the high point of this bull market, and the road ahead is still very high and long. In the last bull market cycle, the market experienced a total of four major corrections before the market reached its peak. Then the copycats collectively shrank and the market reached a new high for the fifth time. After that, the trend completely turned around. Since October last year, it has been experiencing at least the second decent correction.