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And I don't want to bet on the confidence of the organization, but I don't want to be short, so I have switched my position from individual stocks to a sound debt base.Therefore, the logic of Liu Changsong's bearish position is wrong. I am also cautious in this position, but the reason why I am cautious is that the theme stocks are too hot and the blue chips have been stagnating, so there is a problem of switching market styles, not whether the market will fall. Because of the recent stagflation of blue chips, there is no momentum for the market to fall.Among the national debt and political debt, I chose the only political bond ETF in the two cities. Although the debt base is very safe and the risk is very small, the latter has a short duration compared with 30 years, and the short-term withdrawal is even smaller due to the negative impact. In addition, the government debt itself is also a "quasi-national debt", because of the credit risk compensation, it has a higher yield and a higher cost performance than the national debt.

His judgment is based on insufficient quantity. When the turnover of 2W billion was maintained in November, A shares barely rebounded by 3500 once. At present, the turnover has been kept below 2W billion, so 3400 points is the top.

Well, I want to say that it is no wonder that we can only make money by looking at A shares in such a mechanical and rigid way. After all, these big V's can't make money by entering the stock market, but they will be cut off.Therefore, the logic of Liu Changsong's bearish position is wrong. I am also cautious in this position, but the reason why I am cautious is that the theme stocks are too hot and the blue chips have been stagnating, so there is a problem of switching market styles, not whether the market will fall. Because of the recent stagflation of blue chips, there is no momentum for the market to fall.According to Liu Changsong's point of view, to put it bluntly, shrinkage will fall. Then, according to this logic, because everyone is buying up and not buying down, they will continue to shrink when they fall, so they will continue to fall. Then how to explain the sudden surge in volume at the end of September? How to explain the continuous decline after the release of the sky on October 8? In fact, people who see the heavy volume re-enter the market are now in the position of 10.8.