This week's brief comment, investigation and analysis, market outlook strategy: V rebounded sharply at the beginning of this week, but the rebound was weak, and it accelerated its decline and even panicked in the second half of the week! Strange? Personally, I'm not surprised. There are two reasons: first, the psychological state of the market public was generally optimistic at the beginning of last week (see the investigation and analysis last weekend for details); Second, it comes from my previous analysis of the medium-term market positioning (attached to the original analysis on May 30): I am sincerely worried (medium-term): I have seen individual investors start to lose money, and even a day's decline is unbearable pain! Let's take a look at the current situation of the market, regardless of any personal emotions. 1, the market has accumulated huge profits for one year in a row. 2. The direct supervision department has begun to investigate and deal with illegal funds and off-exchange fund-raising. 3. The industrial capital in the field has begun to reduce its holdings. 4. The supply of 4.IPO is accelerating. 5.QFII and the national team reduced their holdings. 6. After a week of killing, the market did not rise significantly. I don't want to exaggerate or belittle all this, but it all happened in front of everyone. In contrast, individual investors are more enthusiastic than ever. Beginning to enter a state of self-improvement, self-paralysis, and common courage, the research of national leaders can be entertained as pointing to the market rising to 10,000 points, and the change of Huijin leaders is interpreted as not understanding political interference and offending people, which is widely spread. The enthusiasm and arrogance of individual investors can be seen, just like a gambler who has gambled red eyes. Often an overly rational person cannot survive in such fanaticism, but there must be an evil force in the market leading fanatical investors to death! If the market can stop here and gradually calm down, then we will continue to stick to it and look higher and farther in the future. But if I continue to storm, it will be a death train, and I will choose to quit completely! It seems a bit heavy and inappropriate to talk about this on weekends. But investment is a serious matter and you need to be responsible for yourself, that's all! Have a nice weekend! Obviously, when the current market begins to calm down, the main goal of medium-term adjustment will turn to killing the huge profit-taking disk and leverage disk in the early stage. My personal judgment is that after nearly two weeks of huge losses, these two goals have been basically completed. Does the market declare that the adjustment has ended? I think the mid-term adjustment is not over yet, because the adjustment mentioned many times in the previous period is a matter of time and space. The main impact in space has begun to draw to a close (the main shock will end and the aftershocks will continue), but the time is still far away. How to meet this mid-term adjustment in the future, mainly through the repeated arrangement of stock indexes, gradually repair the severely damaged market form and mentality (this process will be very long)! Through this week's small survey, we can see that 26% people have judged that the market has entered a bear market, which is a considerable improvement compared with last week's 10% judgment. This is a good phenomenon (explained last week) but it has not reached the effective change value (I believe this value will rise further in the future). In the operational investigation, we see that the wait-and-see rate is 62%, and we plan to lighten the position by 24% and increase the position 14%. Hehe, in the same survey last week, I plan to increase my position by 30%, reduce my position by 25% and wait and see by 45%. Obviously, this week's wait-and-see intention increased and Masukura intention decreased. This kind of ups and downs reflects that most ordinary investors should have failed to operate this week, which has hit their confidence in operation and their fear has gradually increased! Let me talk about my personal views on the later operation strategy: First of all, from now on, in the middle term, I will start to change from my previous extreme fear of risks (most people were extremely optimistic at that time) to optimistic seeking opportunities (most people are now turning to fear). In terms of short-term strategy, if there is still a big panic at the beginning of last week, you can start preparing to add positions or cover positions (note that this is the first time since this round of intermediate adjustment, I suggest that you start to consider adding positions, please note that it is not for you to add positions in Man Cang at one time). Then, remember to sell and add positions in the rebound process, keep flexibility, and the market will give you many opportunities! As for investors who still have deep rights and interests in Man Cang, don't ask me, and I don't have any better suggestions. The only thing I can say is that the money is lost, but the lessons must be bought. After the market opens, I will slowly keep up with the rhythm and look for opportunities to get it back.