Bull market process: the interweaving of madness and rationality
Looking back at any bull market in the past, it is always such a simple process:
First, at the beginning of the surge, everyone was overwhelmed, and some brave people borrowed money to invest in stocks, hoping to get rich overnight.
Second, then, the market enthusiasm was high, and news reports were overwhelming, as if everyone could become a stock god, ignoring the existence of risks.
Third, investors entered the market one after another, trading volume surged, market sentiment reached a climax, and everyone felt that they had caught the tail of wealth.
Fourth, then, stock prices began to fluctuate, and a small correction was seen as a good opportunity to buy. People firmly believed that the bull market would not end easily.
Fifth, however, the market gradually diverged, some stocks began to fall sharply, and investors began to feel pressure.
Sixth, some people began to take profits, while more people chose to stick to it and look forward to the market rising again.
Seventh, as regulatory policies tightened, market sentiment began to cool down and stock price fluctuations intensified.
Eighth, suddenly, some negative news came, market panic spread, and stock prices fell off a cliff.
Ninth, investors began to sell in panic, and the confidence they once had turned into endless worries.
Tenth, the market fell into a deep adjustment, and many people were trapped. The dream of getting rich turned into a real loss.
Eleventh, experts and analysts began to express their opinions, some were bullish and some were bearish, and investors became more confused.
Twelfth, after a period of adjustment, the market gradually returned to rationality, but many people had suffered heavy losses.
Thirteenth, in the end, the bull market ended with a sigh, leaving behind lessons and reflections, as well as a new round of market preparations.
The bull market is like a dream, with ups and downs. Only by maintaining rationality can we move forward steadily in the tide of the stock market.
