Cao Zhongming: Watching The Index Rise But Helpless.

Entering the second half of the A share market, has entered a "cowhide" state.

There's pressure and support.

To expand space, you will encounter the pressure of a huge trap.

If the stock market falls sharply, the "national team" represented by the certification company and Huijin Company will come into the market again.

Therefore, at present, the value center of the stock market is at 3000 points, and it is difficult to fall when it rises. Only a few stock funds are "tossing" in the market, and of course, there is no big wave.

Whether the stock market can attract capital to enter the market, the fundamental question is whether it is attractive or not, and what is more important is whether there is wealth effect.

Without wealth effect, property prices will not enter the stock market even if prices fall sharply.

If the stock market has a wealth effect, even if housing prices are rising, there will be capital to join the stock market, which has been proved by A shares.

A shares rose on the first two trading days after the National Day holiday, and the Shanghai Composite Index also had an important 30 day moving average.

For a while, another wave of market opening and so forth appeared in the market.

Another background is that during the long holiday period, 21 cities in the country have taken strict measures to control housing prices. Therefore, there is a view that the seesaw effect will occur between the real estate market and the stock market. With the deepening of the housing market regulation, the property market funds will enter the stock market, and the stock market will be available.

In addition, since the September 12th crash, A shares also have rebounded requirements.

It is under the resultant force of various factors that the stock index has risen after the festival.

There is a seesaw effect in the stock market and the real estate market, and the answer has already been answered.

For example, in 2007, the A share market was in a big bull market, and the Shanghai Composite Index touched 6124 points at the highest level.

But in 2007, the domestic property market has begun to rise.

Therefore, the stock market and the property market in 2007 are rising synchronously, and there is no phenomenon of the stock market rising and the property market falling.

The story of falling.

When the global financial crisis broke out in 2008, the Shanghai Composite Index fell to 1664 points, and the property market also suffered a fatal drop.

The decline of the stock market is very tragic.

According to media reports, many homebuyers refused to return bank loans because of falling house prices. Many houses became "hot potatoes" of banks.

In 2008, there was no seesaw effect between the stock market and the real estate market.

If the above two examples are "extreme", then the performance of the stock market after the National Day holiday can also illustrate the problem.

If there is seesaw effect between the stock market and the property market, the stock market in those days will be so "gentle".

After all, the housing market is becoming more and more stringent. The irrational rise of housing prices will not only increase the pressure on buyers, but also increase the pressure on buyers.

Nor is there any advantage. Japan's "lost 20 years" is the best lesson.

For the stock market, it is a silly and naive thought that the market will not enter into the market after it is regulated. It is totally unrealistic.

Frequent rise and fall and the short bear length become the most important characteristics, which are closely related to our system construction, market supervision and investor protection.

The US stock market can go for a long time, not because its economic growth is faster than ours, but that its stock market has a good foundation.

Only when our market is strong will we not be interested in the seesaw effect of the stock market and the property market.

By that time, investors would not have to worry about no money coming in.