No matter how tough it gets, accept the market's judgment and admit defeat. -4.2 Review

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Abstract generation in progress

The three major index benchmarks are down across the board again today, and all of this is caused by that really unreliable guy. The statement at 9:00 this morning was: the U.S. military will carry out an extremely violent strike against Iran within the next two to three weeks. This “yellow-haired” person has not a single true statement—he just keeps repeating himself day after day, talking nonsense and running around with stories, while manipulating the global financial markets to harvest people over and over again. What’s most unbearable is that even though everyone in the whole world clearly knows he’s talking full of lies, they still believe him—how infuriating is that. Fine, chasing the nonsense back and forth every day and going in and out to buy at highs and sell at lows in the end still became the meat in that really unreliable guy’s mouth. Today, the overall market is also seeing more than 4,300 stocks decline; yesterday it even gave retail investors a “chicken stock,” and today you don’t even see a single “bull” anywhere. This is the abnormal market we have now: as long as you keep working hard, you’ll have losses you can’t finish and pitfalls you can’t step through, and the only ones happily feasting on gains are the quants. The village needs to step in and limit the quants! Otherwise, retail investors really can’t play.[Eastmoney]

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Market overview today:
The three major indices opened lower across the board, then traded in a sideways-to-lower trend throughout the day. The Shanghai Composite Index fell 0.74% to 3919.29; the Shenzhen Component Index fell 1.60% to 13486.94 points; and the ChiNext Index fell 2.31% to 3172.65 points. Total turnover on both exchanges was 18577 billion yuan, which is a contraction of 1670 billion yuan compared with the previous trading day. In terms of themes today, sectors such as pharmaceuticals and petroleum refining and petrochemicals showed relatively more activity.

  1. There were 32 stocks that hit the daily limit-up; there were 20 stocks that hit the daily limit-down; and the board-closure rate was 61%.
  2. There were 1051 advancing stocks, and 4378 declining stocks.

Market wrap-up: The whole market is a broad sell-off in individual stocks, and the money-losing effect is obvious. It really is the way of life—life is unpredictable, like “hotchpotch inside the big intestine.” The three I cut yesterday were all cut; the ones that got “beheaded” yesterday were China Railway Express and Anhui Construction Engineering. Those two each made me take one limit-down loss that day. The other one was Oriented?—Oriented. That “Ode” has had me cutting twice. Even though today was only a small cut, the humiliation is extremely strong. My short-term account isn’t currently empty either, because this morning I made a move and hit one. Since the market is now completely lacking any grip, faith, or strategy, then I’ll play a bit shrewd too: I’ll watch it the next day and if it looks off, I’ll smash out. For the future, I can only do it like this. My futures account is just a fun position, so I won’t talk about it later.

The approach and plan will be posted in the comment section tomorrow morning.

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Top names in the sentiment “lead-stock” zone (4):

Jin Yao Pharmaceutical-innovative drugs, 5 straight limit-ups,

Xinghui Environmental Materials-equity transfer + ChiNext board, 3 straight limit-ups,

Tongda Co., Ltd.-annual report growth + ultra-high-voltage power, 3 straight limit-ups,

Xinzhonggang-electric power, 3 straight limit-ups,

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Stocks advancing to the second board zone (4):
(1) Beida Medicine-innovative drugs, 2 straight limit-ups,
(2) Yibai Pharmaceutical-pharmaceuticals, 2 straight limit-ups,
(3) Xinneng Taishan-fiber optics concept, 3 days with 2 limit-ups,
(4) Datongnan-ultra-high-voltage power, 3 days with 2 limit-ups,

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Thanks to @lightwo @Jiaoye @I_don’t_know_myself @bbs110 @Moyang Olé brothers for your rewards and support of $1
Thanks to all the fellow old-timers for liking, commenting, and supporting—thanks for your support all the way
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Statement: My views are only personal ideas and records and do not constitute any investment advice. Keep a good mindset; may the stock market be long-hong!

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