1. What does it mean when regulators say: “Credit funds are not allowed to flow into the market”? The first explanation is: personal deposits can flow in, but bank capital cannot. Deposits are considered personal risks, while loans are bank risks. The second explanation is: depositors have strong risk resistance, and losses do not affect their lives, while lenders will go to hell if they lose money. This is called protecting investors.

2. The US icon is preparing the "Patriotic Investment Act", which has risen to the legal level and is determined to stop the inflow of foreign capital at all costs. Now, I'm going to give myself another blow. Looking at most individual stocks, there is still a difference of tens of centimeters from the median in 2021. Many people are shouting in a hurry, worried that the price will rise too much. It's typical that they are afraid that they will get better before they are taken out of the ICU ward.

3. Despite the sharp rise in the past few days, there are actually quite a few people who are pessimistic, even half and half. If we repeat the old path of the previous two times on this basis, it will be even more difficult to come back. Don't forget that this time we are fighting against the difficult deflation icon, not just to boost the stock market. This is a new battle about confidence. How can we use the old tactics?

4. It can almost be asserted that if one wants to achieve the goal on the one hand but does not want to take risks on the other, the final result will inevitably be the tragedy of wealth once again concentrating in the hands of a very small number of individuals or institutions, and the beautiful vision of the majority of retail investors to make money through the stock market will be shattered for the Nth time. Is this our original intention?

5. There is no way out this time. Once the stock market fails to go crazy, real estate, major and minor consumption will all fail. This is beyond doubt. With such a loud thunder but no heavy rain, how can we play, who can we play with, and who can we play with? We firmly believe that this time is different, and we will wait and see.