Li Zhilin Talks About Normal Technology Adjustment Without Panic.

The main reason for the big drop on Wednesday is not because of poor economic data, but because of the market itself.

Since the people's daily first asked people to pay attention to gem risk since last weekend, the market's enthusiasm for selling gem has exceeded 100 times, and three months or over 75%.

After two days of stagflation, there was a big dive on Wednesday.

This shows that this year's excessive increase, the absolute stock price is higher, the overvalued stock, the adjustment pressure is bigger.

The structural adjustment of the market is mainly based on two small boards, which may last for a relatively long time.

In my view, the main reason is that after the opening of the stock market, the company substantially increased the banking stocks (such as CCB) and recovered the 3400 head last year.

The index reaches 4160 points, and the upper limit of the shock box is near 3800 - 4200.

Increase.

From the 13 trading days after 3691 in March 27th, there were only two small lines, and there were too many profits.

At the 4000 point, it only closed for 1 days. This week one or two stood on 4100 points.

There is another reason for diving earlier, that is, to fill the public opinion of the valuation depression.

Some people think that only now

P / E is the lowest and most worth buying. Even if it doubled, the valuation is still the lowest.

In my view, the current crazily bank stocks are very harmful to the market.

The bank's stock market earnings rate is very low, and it can be repaired gently. But we must see that today's 5 largest banking stocks are no longer the same. In 2014, the growth of performance has dropped from 30 to 40%, to 6%, lower than that of GDP, and will be further reduced in 2015, so there is a lack of investment value.

Besides, how much does it cost to fry the aircraft carrier dishes?

Face normal in bull market

There is no need to panic.

As long as not a single day 4 - 5% plunge, do not change the upward trend.

Nor can the market be expected to rise every day, and stocks in the hands will rise every day.

After a long time, it will be adjusted. This is the basic rule of the stock market.

Only through a large shock, the disk profit plate, back to the 4000 point position to close the closing class, consolidate the 4000 points of this new thousand points of the position, after the day to attack 4200 point box top, the next box to go.

The key is to adjust the structure of their positions. On the 4000 point, we should replace the state-owned assets reform stocks and asset restructuring stocks as far as possible.

Wednesday's GDP growth rate was 7% in the first quarter, a 7 year low.

We can see that the downward pressure on the economy is very great.

Fortunately, Premier Li Keqiang held talks in various parts of the country every day to study countermeasures. He said there were still many policy tools in the hands of the government.

It can be believed that the 7% growth rate this year is not a big problem. It is expected that the rate of reserve requirement and the rate of lending will be greater in the near future.