80% of the elemental investors namely this detrime

Lazy idlers nightmare in at 14:35 on November 18th, 2008, said the stock market is the economic Barometer, indeed, the wealth breach Barometer. China's economy consists of two chapters, an is the real economy, a virtual economy (stock market). Why are you wealthy, why the penniless? The stock market is the chief market via the stock market this window, which can be seen that China's wealth gap in the end is how the same thing. Why do some people just a few years, it is effortless to have billions of assets, some of why people have worked hard as a lifetime or a pauper one?
each doctor has a thermometer. Patients apt hospital, In vivo ruddy blood cells, white blood cells, lymphocytes, in the face of the antagonist into the body, viruses, bacteria Zhaojiabuzhu. Thermometer said: to fast bring reinforcements.
the past, we are talking about the stock market is an economic Barometer, in fact, the stock market is also a disparity Barometer, would say: you can not beat the enemy, your money comes to an end, and make haste to send reinforcements, was also hospitalized Caixing. Turn on the computer, the stock market's K diagram will tell you, who rich, who poor,Lacoste Zepher MR2 Trainers, and how many people jumped up.
(a)
to uncover the riddle of the poor and the rich, the stock market is a good window, in China wants to become rich, you must peruse this book is not a good stock. So, China's stock market, in the end is what variety of things?
In fact, the stock market is a vegetable market, but the distinction among vegetables and selling shares, is to get to the vegetable market to buy chicken, fish, flesh, into the stock market with money to buy X, Y, Z's referendum. The only difference is that food can be eaten, can fill his navel, and the Is neither eat more famished tolerate. Food is, so there have to be markets, it is easy to understand and agree in the stock market is for what? Usually, there are always a few who hands money left in there, idle is idle. Office of the company, engaged in business which does not short of money? Students who do not want their money a few Zai Zai it? In this way, a misadventure to make a catastrophe up to, as men and women, as there is between money and business, a normal reciprocal needs. In the elapse, money is through banks, the New society, and engaging in
according to fashionable saying, the stock market also known as the capital market is the location to do business, money, apparent only stock commute, there is the computer this chart, that map, stock, that stock, called the virtual economy. Corresponding to the real economy, that is, markets, fowl harvests, coal mines, iron mills, etc., if you want a real male these likened the class of perception and ability, then, the virtual economy is equivalent to this person specialist, undergraduate, graduate diploma. One is virtual, one real, fantastic and real this is probably the relationship between the two. I thought,
stock market trading the stock, called , whether the wastage, and it has nothing to do with me, yet I will differentiate you that this is the so-called stock. The periodical value of how much? Analogy, Joe Smith has a business, this business is a chicken, go obtain the markets to sell can only sell 10 dollars, and get the stock market go to sell, you can sell 40 dollars, and this chicken also belongs to Joe Smith, you just make a invoice, receipt wrote: currency Chinese citizens come to pay John Doe 1 minute, with X chicken stake 1 / 4000, such as chickens arrange eggs, according to the broader market for equities eggs, without egg or chicken can be divided into perchance decease, peril. This data.
which connotes, of course, is a big thing, usually, to ascertain a bank credit points shall only must pay interest, also called daddy thanks to Grandma, which much is good! Therefore, large and small companies up to market tournament, on the metropolis is Niubi company, the Securities Commission erected a door on the Great Wall.
John Doe thought: that is to buy chicken, chicken and in the hands of others, said to be divided egg, the egg did not must have at your peril points, chicken dead was not any people to pay. Not fearful to do such a thing, my center the old drums. At this point, Bob speak: Maiji it! Maiji it! U.S. imports of breeding chickens it! The next daytime to my 2 chicken eggs, 1000 eggs a year to the next it! Who buy my chicken, chicken, egg, to the next year you have two chickens it! Approved at the State Securities Commission today listed the matter, we Come to buy friends. Of way, the heart of John Doe: U.S. imports, chicken, egg, that's great, is accepted along the state. Bought.
bought after that, they sing, sing the Why do yo like the stars sinking star, the moon is not like that, beneath the moon ... ... a small mule foal yo, Wuji into a color Phoenix ... .... Song is very popular! Why is it popular? Phoenix color into black-bone chicken. John Doe is not a buy chicken, anti-pecking one measure, do not say eggs, wool did not see one, they went to the markets had to go curse: chicken eighty! Therefore, the You ask him, he said: the chicken or the chicken, the past eight cents a pound, now at 40 dollars a pound, what can I do, but to damn the
have a question must be answered: a loss of things, who would be willing to do it? No one did, Bob's chicken, how sold out? Again, why the price of chicken has always sell more high?
a gorilla bananas test: in a large cage into four gorillas, one end hanging bananas in the middle is the ladder, the top is sprayed pat. A gorilla found in bananas, went over, walked on the ladder, suddenly began to A gorilla seems to understand that the rain and the fuzzy relationship between bananas, return to the cage at the other end. After a while, turn orangutan B C, the result can be imagined. However, the orangutans are in the starve, nevertheless the small apes in front of three chimpanzees to see what happened, and thought: I may not like the three hapless, right? Chance to go to the ladder. Accident occurred, B, C quickly rushed up to the small gorilla dragged back, beaten and then a meal, the poor little remaining positiveness in the small apes from the stomach to play out. Now, four orangutans honestly reside in the cage the other side, helplessly and fear and worry, looking at the banana, you dare to perform rashly? Afraid of.
This is the stock market, the orangutan is the shareholders who have the experience happened, think about which investors are not
However, the stock market is not over, the test has even now finished. Testing workers to put out a gorilla, and orangutan into the E, only to see the new gorilla bananas, happily walked to the ladder, the results are orangutan B, C, D and tugged back Mengchui a repast , why? Do not quite understand. Thinking would only bananas, and then retention ample strength to walk the stepladder, three orangutans took it instructed meal, or do not understand why the hammering,Lacoste Protect Laser Trainers, but now can not understand the bird elect of the banana. This is the old shareholders pedagogy
new investors.
If all this, the stock market was no play.
trial continues. The trap all the old monkeys are put out into the current 4 orangutans. The outcome? Repeat the Stock market, too, not reiterated in yesterday's story.
China has 1.3 billion people, there is no need to worry, People always think that people smarter than apes, in fact, there is no such thing, virtually to the retardation of people like the orangutan. I heard someone else to buy 5 chicken sovereign made a luck someday to spend 40 dollars for a chicken, two days later, opened the computer to see, up! 50, and a beat on the keyboard, sold, and earned 10 dollars. Money is really too simple, too easy, not a second to sit at family, the money came. The grin, singing and dance with his younger sibling, a brother, Sanmei Sister, Wushu six primary, Mrs. Qigu eight, 9 ten friends tell friends, ... Go, stocks go! Many people left the markets, the bank's money to take out into the stock market. See the X stock: out of 40 people on you, I a 50,Lacoste Tourelle Trainers, you are out of 50, out of 60 ... ... I like Zhao in the Spring Festival and performed comedy I remember when the red flag fluttering of the times, to be as yet away, about one million Red Guards arrived at Tiananmen Square. Now, at family, have it! The Stock Exchange on waiting in a queue, which is called prevalent stock.
obviously listened of the stock market is agreeable money, why do folk lose 80 percent of it? The cause is uncomplicated, when we look the excitement of the 1950s and called up the scene, the people's mind is forever thinking: numerous folk will pings, extra multitudes, extra are in peppery claim; did no buy 50, 60 also did no purchase, 70 alternatively did no buy, well apologetic ah, 100, and then can not wait, determined to buy. What calculated, the queues are fair heard namely chicken is fowl varieties, which were not witnessed, lad! So while you buy, bad! That is not merely seed chicken, duck foot is only quite up to the amount of only 10 greenbacks. It cornered out tricked. One inquired, to know a lot of people phoned up, are Lirong comedy
80% of people lose money, money where to? 10 dollars a chicken, selling 40 dollars, 30 dollars here, not the what, who should this money out? Hundreds of thousands of Zhang 30 is a person. Wait till the price of chicken fell to only 10 when Joe Smith to use this money to come behind here to buy chickens and all, rose to 100 and then sold all the time, this is not what they have been 90 loss. A loss in the end how much, depends on terminal worth of the chicken, if it is only quite ducks value of 10 dollars a foot, then we have to lose a total of 120 dollars, if the value of 30 dollars, only to lose 100 on the money. At present, China's stock market probably is the case. John Doe Do not preordained to earn the only loss likely? There. You buy the chicken is really only genuine seeds chicken, really Nengchan 1000 eggs a year, to a value of 100 yuan, if Nengchan 1100 eggs a year, then you have earned, the Chinese stock market has such The chicken? Not to investigate, which is some people should do asset, not you, neither is it to get the things I can control. However, there is not a matter, fact is the fact.
(two)
all of China's listed companies which are not the best company it? Listing is not much to go through state agreement it? Why shareholders voted 80% of the capital loss would it? Is 80% of China's best companies are loss it? China's economy is not 10% every year, growing at a rate it? Growth of the money in the end where to? This is the crux of the issue: money gone? Why are you rich, why poor? Tell you that you never read, the living become the dead on the stage magician, the dead become the alive, you could see it? You can not tell. Why? He has a cover. This, too, is a magician rich, the poor cheat is a stage beneath. However, the magic, at last, is false, then depart where?
not talking about someone in front of a joke, but relatively straightforward. 10 dollars for a chicken to sell 40 money, it's like the stock issued at a bonus, ended his after that? What issuance, allotment. As a result, not excess 4 times, to the hands of investors when the overflow is routinely 10 times or even several dozens of 10-fold, this is what we usually speak about the stock market listed companies to go grasping the money, so that investors buy stocks on the but not to buy into a stock to give money.
Why? Counting off we can come, today is the month of April 2008, the stock market's total market value of about 30 trillion, but who is the money? Shareholders money, if it is from bank loans, 7% year amuse rate, a listed company to pay shareholders a total of how much money? 21,000 million, which public companies, no material how that is a good bargain at the marketing, naturalistic? A total of 2004 points 196 billion in 2005 Year 720 billion in 2006 Year of 117.4 billion yuan in 2007 has not all over. However, a ample portrayal of the problem: assuming the same principal shareholders, return on investment measurement, then, is to hurl 1 million dollars, fewer than a pack of cigarettes a year return on the money that companies do not absence to cost anybody money to the cost of credit , spent in vain, and can take always, not with that salute, do not say sorry.
NPC Law Committee Vice Chairman Wang Maolin once said so many words: domestic listed companies, catching the asset are quite solemn, taking 30 million yuan, 50 million are many examples, it was taking 10 in Hong Kong billion of funds are not according to the decree, leading cadres transferred to the mainland, for tasks, so things stable.
This is not very tangle of thought?
then, the principal shareholders are still there? Only hundreds of thousands of investors are computers, not any one listed company to go, principal in the want of the only days to know, to know, then something knows, I do not know a John Doe. For example, Joe Smith is a listed company's controlling shareholder, and then open a Company B, A and B companies to do business, the business has varied, but always the conviction that a loss of additional B, Company A the money to Company B, investors' money will not last name or surname of the shares. Among them, there is a typical business, said Company B is a high-tech, could have been 500 million, appraise the value of one billion, a company obtained. Therefore, the general listed companies, will get hold of a few years ST, which is a loss for three successive years. At this time, Lee three again, how much? Not lose it? At that time investors spend 40 dollars to buy the chicken 5 dollars to buy it, this is called the reorganization of assets, then? Company to profitability, said the great room for development, is a dark horse, not to develop it? To engage in placement, engage in added, investors and money, money and then dig it end? Lee three into a seating, so the overall stock market development is the seating of the repeated again.
If only this, there is no better strategy, John Doe will not have long to accompany Joe Smith were playing, and eating a loss of two back to back losses can, eat the tenth always get up up to reality back to the time loss. The question is how the audience can not do nothing magician, the magic is the use of the Chinese gambler psychology: fried, so the stock traded in the stock market is not to say that stocks or stock trading. Lottery, most apparently in his heart, obviously lose, but there are still so many people buy, and why? Want to get rich, rich people pedal holds try the taste of housekeeper. This, too, this becomes a good look the next trick: the moment the bull market, I heard some people make money, and all the people ran to the gate of securities companies are racking their heads, like Christmas, Carnival up; well, while they bear, and have just finished how much money I made, what they shouted for assist, who they save, lend the money exhausted, had to jump. But anyhow, all remain the same, playing the rich the poor, the rich richer and the poor poorer.

stock market, there are two people: one person is retail, which is commonly referred to small investors; different person is the including Joe Smith, Lee three are. What is a ox market? The Shanghai Composite Index, case in point: when the end of 2005, less than 1000 points, it is now more than 3,000 points, what does it average? 2005 Shanghai and Shenzhen stock market capitalization less than 10,000 million, is now 300,000 billion, if the stock count as equivalent to the original stock rose from an average of 1 dollar 30 dollars, of course, the past two years also published a number of shares, or not so great. In theory, accounts denominations, who will make money? Why do 80 percent of individual investors who may then lose it? Simply put, that is, buy cheap and sell high. Why does this happen? Think about it, the Shanghai index from October 2007 to more than 6000 points, fade away the medium half, down to the present more than 3000 points, definition that investors have on mean a loss of 50%. This is how to fall down it? Caesar is the main dealer back occasioned. Why should we withdraw? Earn less, from 1000 to 6000 there are yet six times the. Then retail it? On the inverse, 6000, when the Securities and Exchange auditorium packed with dense hunk of heads, new accounts of people flocked to securities companies who can not recess on Sunday. What? A throwing a pick, making cast or less, and began to fall, until now, making sure the hands of the stock is running out. Now, the Securities and brain apartment do? Not much. Do go? Silent, clutching his stock. Fortunately now, then the New Year the time lost in the end, retail investors are looking at will be the same as the gorilla bananas, then do not move, this is the bear market, the securities have not seen a eclipse specter room, when is the bear market bottom. So, why the retail investors will lose it? Bear market, no one dare not touch the stock, up until I heard some people make money, and slowly people go, the more up more people,Lacoste Swerve Keyline Trainers, until the frenzy, this is retail. Making it? Bear market, noiselessly went inside, and then,Lacoste Trainers Online, so you are outrageous and retail voicelessly out. Why can not the same as the retail dealer do? Because you do not have the ability to control a stock up or down, so we must examine which stocks will ascend to follow suit, and making use of exactly is this psychology, which retail investors will think you ignorant? All of them will think they are beautiful, so the dealer with retail on the playing feline and mouse game. There is what technical thinking, fundamental thinking, what is the latent of stocks, blue chip stocks, junk stocks, what plate steel stocks, shares of science and technology sector, shares of any halter, dark horse stocks, what KDJ, RSI, etc., thus creating different group , an expert consultant, in newspapers, magazines and other media, analysis of promulgated remarks, say which stocks will go up, which stocks would fall, the stock will rise to 10,000 points, of course, retail investors are convinced that these things be profitable it? Are illusive. Making use of is this, in the medium about how the tech sector growth is good on how the ship, how to say how the market shares of non-active when it quietly Jiancang. Retail it? Just always tread on the erroneous tempo.
So, in terms of playing the stock market unattended, in fact, is a speculation, is the dealer and retail in the Game, to put it through again with the rich and the poor thing is in play gambling games, the noted economist, simply say : China's stock market not as good as even the ############. Why even the ############ is not as
it?
a book called , and then what Taokong Fund to the inner transport of people. Which speaks of: October 2000, China Securities in the tai chi team (600,129 shares of it, prices, information, chief sale) cost of 16-17 yuan per share at the starting all the path to their portfolios as of December 31, 2001, becoming the premier Taiji Group a tradable shareholders. A month afterward, even pull the two limit-price bound to 22 million, next year and then move up to 29.85 yuan, in 2002,
China Fund is this? Small shareholders, if the high profits, or money to small shareholders, but from a hands to the hands of B, but things are not so simple.
see afterward, China Securities senior insider in the share price 16 yuan to build the following on a lot full of Share price rose 25 yuan or more, insiders start selling, but most are still waiting for more than 30 yuan, due to market decline, retail investors to emulate suit quite few insiders want to make huge money, only to sell more than $ 30, so Huaxia Securities had lofty to aid the market. During this phase, the internal people are only selling, not buying that makes money, only to buy Chinese securities is not to sell, is only paid the price. When insiders sold out, China will start to sell securities, and shares all the way down, and finally slumped to 3.7 yuan per share. Among them, a director acquiring 30 million.
Huaxia Securities it? By 2005 only the loss of 80 billion.
Therefore, China's stock market beginning to the present from the past 20 years, all of retail, that is, the investors never really flee the destiny of 80% loss. Therefore, China's stock market, it built such and such groups of the rich, and so it goes, established a digit of groups of poor people.
(three)
to stop, there is a question must be replied, since it is the ############, why the state has allowed to do this? Presumably, the treatment thought so, since the stock market run up is needful to make it launch up. Facts? Whenever a bear market when stocks unable to, that listed companies ring money, this time, there is always an economist or a group of economists came out to speak out, to how to amplify and amplify the capital market and subserve economic development. So, management and many economists never think this is a ############, but to subserve China's quick economic growth.
these people are not that rich voice, or that it formed an interest group? There is a decisive, this sentence is the protection of small investors spoke, and also speaks a lot, but
then, the stock market this thing in the end it really good? Rich is surely welcome, poor? Hard to say. To be sure, the stock market is not a Chinese invention, was 10 years antecedent from the West, where learned.
surmise, the inventor is charted so that the stock market.
people above vastly another world, a politics, a scholarship, have engaged in the craft, there are in affair ... ... to this point have left not money, money get cracking? Only business can really generate wealth, the creation of money. So, let us put money into the most conducive and maximum promising companies in annuals, called joint-stock corporation, the purpose is to make it prerogative to the evolution and growth, achieve economies of scale, and then return investors. All the people are invested, entire the people are the employer, the entire social development, national economy growth, always the people have been shared. Presumably, such a creative, can not be said that genius invention. In the United States and other Western countries is that,Lacoste R75 P2 Trainers, had to buy a stock can be divided into actual bonuses, equal to a good begin his own company, long above it, it equal to cook the company's small business owners, accordingly, the United States people even challenge to use pension money invested in the stock market, for by the time the U.S. economy, you can enjoy the benefits of economic development, so there will be a modern capitalism in the socialist-oriented methodology. In my comprehending, this is the development of communism, can not be called communism, also called Marx said state ownership, that Marx is really excellent.
Why China's stock mart is gambling it? The phrase , and too provide the money of shareholders swept away.
will play football people know thatif you do not know what movement prerequisite is a foul and what behavior is, case in point, the game will fall into chaos. Remember the 2006 FIFA World Cup knockout round in Germany - the Netherlands, Portugal, antagonism the mentally detained referee Ivanov, took out four red cards 16 yellow cards, but still did not alteration the pitch rebel ungainly locations Originally a football game, turned into a Clear rules of the game, these athletes have big stars were all crazy? No, not the blowing of the wind should not blow the wind, is the referee's denial of judge resulted in the player's inflame.
China's stock market probably is such a football game, aggravate than this should be said, bad not only the referee in question, there are rules of the game itself is a problem, not a foul after the SA people, basically as long as progress ball, holding the ball sprint shot also thought goals.
not really control you. .
80% of the investors why the loss? This may annotate some problems. In the end there is a problem for the time creature not to analyze it, but there is one possible recognition. The stock market itself can not send wealth, speculation was high another unless the money is put to a B, B's money to a. In the stock market, the only investors to create wealth, only to give listed companies, listed companies are not profitable, not tell how much red, engage in presumption, that is, deceit, cheating people money. Profits of listed companies, investors assigned considerable dividends, this is the final word, this is the real stock market. This one did not do, is Jinglian say, the Chinese stock market do not, or want all people to become opportunistic gamblers, so few people rise to paradise, so most people go to hell.