历史行情告诉我们投资常识

Core Viewpoint - The Shanghai Composite Index is approaching 3700 points, with a potential to break the 3731.69 points high from February 18, 2021, marking a new 10-year high [1] Market Performance - Just over four months ago, on April 7, the index had dropped by 7.34%, with intraday losses exceeding 9%, which was an unexpected "golden opportunity" for investors [1] - In early 2024, the index fell below 2700 points, leading to a state of panic in the market, but after significant buying from the Central Huijin Investment, the market saw a recovery [1] Historical Context - The A-share market has experienced multiple cycles over its 34-year history, with investors often acting contrary to market trends—selling at lows and buying at highs [2] - Historical patterns show that many investors are hesitant at market bottoms and overly aggressive at tops, leading to significant losses [2] Investor Behavior - The market is influenced by human emotions, which can lead to irrational behavior, deviating from rational decision-making [3] - Successful investors often capitalize on market cycles by acting contrary to prevailing sentiments—being greedy when others are fearful and vice versa [3] Recent Trends - Investors who were willing to buy in the past few months have seen returns, highlighting the importance of understanding market cycles and maintaining an optimistic outlook for future gains [4]