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eye of the storm丨"the stock market is my cash machine" after 26 years of stock trading, the "stock god grandma" predicted that tens of thousands of points in china's stock market is not a dream

2024-10-01

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editor's note:

she said boldly: "the stock market is my cash machine, and the stock market is my money printing machine. in my eyes, there is no bull market or bear market, only bull stocks and bear stocks. within 6 years, tens of thousands of points in a shares are not dream, china may usher in a 10-year bull market." after 26 years of running in the capital market, she was called the "grandma of the stock market" by her fans. in the first 10 years, she lost all her money in the market, and finally summed up her original "mental method" for stock trading.

looking back at the changes in china's capital market over the past 30 years, this round of "mad bull" has come online. some brokers told phoenix.com's "eye of the storm" that the number of account openings on september 30 was more than 10 times that of previous years. faced with the sweeping tide of the times, many investors are anxious to get on the bus, fearing that they will miss out on the new round of wealth growth. there are also those who leave the market early and feel disappointed. ifeng.com's "eye of the storm" talked with a well-known "stock god grandma" in the stock market and listened to her talk about the changes in the stock market and her investment experience.

produced by "eye of the storm" on ifeng.com

author丨wang di

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when "shanghai uncles" gathered on guangdong road to discuss a-shares, the relevant comments became popular all over the internet. beijing’s “stock god grandma” with tens of thousands of fans claims to have successfully predicted the chinese stock market many times. her original stock jingle: "buy when the low is 9, sell when the high is 9" has allowed her to buy bottoms and "escape from the top" many times.

"within 6 years, a-shares have exceeded 6124.04 points, and can even rise to 8,000 points. tens of thousands of points are no longer a dream. if the market is good, china will usher in a bull market that will last 10 years. it happens every 10 years, once in a blue moon. " she expressed her optimism about the chinese stock market to ifeng.com's "eye of the storm" many times, and said that many of her views coincided with those of internet celebrity "shanghai uncle".

(shanghai uncle & stock god grandma, picture source: internet)

a master of private retail investors, he is a self-taught "stock god". the 68-year-old "grandma the stock god" was once called the "grandma sharp" by fans because of her sharp questions at the forum. in her early years, she participated in the recording of investment columns of many tv stations. she said that the current chinese stock market is just like when real estate was worth more than 2,000 yuan per square meter. it must catch up with this bull market. will her prediction succeed this time?

01 after 26 years in the a-share market, i once lost all my money. now i bluntly say, “the stock market is my cash machine.”

the stock market is a "zero-sum game". some people are stuck deeply, some make a lot of money, and some sell out with hatred; some people step on the wrong market cycle, "when you buy it, it goes down, and when you sell it, it goes up" and miss out on wealth.

the real name of "grandma the stock god" is liu jingxin. before entering the stock market, she worked as a chinese teacher at beijing 101 middle school. in 1988, teachers' remuneration was very low. after giving birth to their daughter, the "stock god grandma" had no housing and could not afford to hire a nanny. her life was very difficult. in order to improve her life, she took the initiative to go to sea and seek self-employment. after that, she held large-scale national exhibitions for 10 years and accumulated a certain amount of savings.

in 1996, favorable policies such as lowering handling fees and supporting local securities firms were launched, which promoted the prosperity of china's stock market. in that super bull market in 1996, many people accumulated their "first pot of gold." it was that year that the sister of "grandma the stock god" entered the stock market. however, the market situation took a turn for the worse. in 1998, global stock markets were shaken, and wall street fell into a pessimistic atmosphere of a bear market. stock markets in europe, latin america, and asia almost fell across the board. this was a nightmare for global investors.

"at that time, my sister was almost mentally ill. one day she came to my house at two o'clock in the night, sat on the sofa and cried loudly, saying, 'my money is gone.' i went to enlighten her every night. later i saw no, just go directly to the stock market.” speaking of her association with the stock market, the “stock god grandma” mentioned this past event to ifeng.com’s “eye of the storm.”

in fact, the "grandma the stock god" has also experienced the trough period of stock trading. she has suffered heavy losses since she entered the market in 1998. she invested hundreds of thousands in ten years and lost nothing. in her words, she paid a lot of expensive tuition fees. later, in order to learn stock knowledge, she found a securities training school in beijing and paid more than 10,000 in tuition fees. she studied from beginner classes, intermediate classes, to advanced classes. she said: "wherever you fall, you get up."

as a professional investor, what the "stock god grandma" has to do from monday to friday is to sit in front of the computer every morning, looking at the market, watching the market, and making transactions in front of the "red and green" k-line charts. because practice makes perfect, she can currently decide which stocks to buy and which stocks to sell after looking at the market for up to an hour or even half an hour.

in addition, she has to do review homework every day and list the a-share stocks with daily limit. even if she is very busy, she has to get up at 6 a.m. the next morning and finish it before 8:45 because the data will be updated.

(notes from the market reading, provided by the interviewee)

"to catch the thief first, catch the king. if you want a train to run fast, it all depends on the headband. when doing stocks, you must be the leader of the sector." "grandma, the stock god" said with a smile that stock trading is like farmers farming and sowing. pick out the bad ones and select the best ones.

a-shares are like reincarnations again and again. after this wave of policies, the shanghai stock exchange went down, leveraged funds flooded into the market, and the media shouted "sell the pot and buy stocks." a bank construction investment said that 1.4 million people were queuing up for back-end review, and the strong performance of a-shares was even featured on cctv's "news network".

"stock god grandma" told ifeng.com's "eye of the storm": "this wave of the stock market itself is full of positions, and the positions are very heavy. when the market rises, all profits will be made. the stock market is my cash machine, and the stock market is my money printing machine." , in my eyes there is no bull market or bear market, only bull stocks and bear stocks.”

02 “the stock market stimulus policy is unprecedented, and it is still in the early stage of the bull market”

in the memory of "grandma the stock god", the most popular years for the stock market, except 1996, were 2007 and 2015.

"at that time, everyone was in the stock market, and everyone around them was talking about the stock market. the way everyone greeted each other was, 'have your stocks gone up today? how much did you buy?' this included all walks of life, whether it was selling vegetables or selling vegetables. doing small business."

according to the account of the "grandma of the stock market", in the magnificent stock market year, a shares bottomed out at 998 points on june 6, 2005. after that, the market broke through 3,000 points on february 16, 2007, and broke through 6,000 points on october 15, 2007. the next day, on october 16, the chinese stock market reached a historical peak. on that day, the shanghai composite index reached 6124.04 points. this bull market rose for as long as in more than two years, the shanghai composite index has increased more than six times, and all non-ferrous metal stocks have increased several times or even more than ten times. even banners on the street read "it is better to speculate in the stock market than to rob."

although the "stock god grandma" did not make any money in the 2007 bull market due to immature operating techniques, she did make money in the 2015 stock market wave.

one day in 2014, when she was about to have lunch, a person in charge of the securities section of a newspaper in beijing called her and asked: "what do you think of the current stock market?" "grandma, the stock god" looked at the market and based on the stocks she developed rhythm: "buy when the low is 9, sell iron at the same time and borrow money here and there; sell when the high is 9, grease the soles of your feet and run away." she discovered that "two 9s" appeared in the shanghai composite index at that time, and she believed that china the stock market has completely bid farewell to the bear market and entered the bull market. after that, the highest point of china’s stock market reached 5178.19 points in 2015, and the “stock god grandma” successfully “escaped the top” before that.

"take the shanghai stock exchange index as an example. the low level: for example, it saw 998 points in 2005, 1991 points in 2014, and 2635.09 points on february 5, 2024; the high level: 5178.09 points on june 12, 2015." she said , this method is suitable for indexes and individual stocks, with an accuracy of over 96%.

"in the bull markets of 2015 and 2007, some people said it would rise to 8,000 points, or even 10,000 points. at that time, some people increased their leverage several times to advance into a-shares. it was not until the stock market crash in 2015 that they suffered huge losses."

talking about the stock market support policy in 2024, the "stock god grandma" believes that the strength of the policy is unprecedented in her stock trading career: it is the first time that three "top leaders" of financial management departments have attended a press conference at the same time. on september 24, the political bureau meeting of the central committee in an effort to boost the capital market, central bank governor pan gongsheng bluntly stated that he would invest 500 billion yuan in three phases to support the stock market. in the opinion of "grandma, the stock god", the current stock market has not reached the point of madness. it is in the early stages of the bull market and has just begun.

03 the incarnation of the "stock god" predicted that "someone lost 1.7 billion in profits in 2015"

"grandma, the stock god" told phoenix.com's "eye of the storm" that she has been in the stock market for 26 years and has seen too many ups and downs. “in the 1990s, the first generation of investors could be said to have made a lot of money. some people had a stock that multiplied 10 times and lost 1.7 billion yuan in 2015. the loss was only profit, not principal. some people also bought kweichow moutai at 150 yuan per share, and later the price rose to about 2,600 yuan per share.”

downstairs from the "grandma the stock god" live two grandfathers and grandmothers in their 70s. they are both old stock investors who have been severely stuck and have no confidence. they are ready to "cut off" their stock. "grandma, the stock god" often comes to their home to teach methods and rules.

during this period, she also met a college student who graduated from the physics department of capital normal university. it has been almost three years since this college student graduated. he couldn't find a job and was lying flat at home. after seeing the introduction of "grandma the stock god" on the internet, he insisted on following her to trade stocks.

"stock god grandma" provides off-site guidance, hoping that he will be obedient, follow instructions and implement them. since the operation started on september 5, this college student has earned more than 80,000. there is also an apprentice of "grandma the stock god" who earned more than 1 million during the market wave in 2015.

in the view of the "grandma the stock god", most people were aware of this market trend before they knew it, then realized it later, and unknowingly. many small and medium-sized retail investors who were unaware of it were short-term, and there were also people who were stuck with full positions or were severely stuck. there are many such people around her.

on september 22 this year (weekend), when the "stock god grandma" was giving lessons to investors, she successfully predicted the stock trend. her judgment is that the shanghai composite index will definitely rise, which resonates at the technical and policy levels. at that time, investors in the audience were all bearish. some people even said that "the shanghai composite index will fall to 2222 points." the "stock god grandma" bluntly said at the time that it would definitely rise on monday. she believed that 2635 points was the bottom of the century for the shanghai composite index. according to her observation in september the shanghai composite index on the 18th was 2689.70 points, indicating that the "double bottom" has truly been established.

"it's like a person who cannot stand firmly or for a long time when standing on one foot. he must have both feet on the ground so that the shanghai composite index can stand firmly, stand firm and stand for a long time." "grandma the stock god" described it this way.

the stock market will adjust after the 04 holidays. "if a person has not experienced stock trading, his life will be in vain."

at the end of 2023, economists gathered at a certain financial forum. during the question and answer session, the "grandma of the stock god" asked a question she had always buried in her heart: "as a professional investor, i have been doing stocks professionally for 26 years. why is there no 'spring' in our china a-shares? china's a-shares have stayed there for more than 10 years. under 3000 points.”

there was an uproar in the audience, and the guests on the stage only said "i can't answer." nowadays, the "spring" of the stock market that "grandma the stock god" firmly yearns for seems to have arrived.

she said that because the stock became popular, she was even busier and often rushed to multiple events. many private equity funds and investor training and education institutions approached her and wanted her to help give lectures. as she approached her seventies, she almost never fell asleep before twelve o'clock every day.

"grandma, the stock god" likes to watch the tv series "flowers" over and over again because the plot very realistically restores the ups and downs of the "stock market situation" in shanghai in the 1990s. her favorite character is uncle ye, who can "turn a hand into clouds and turn a hand into rain" in the capital market.

in her opinion, the traders who do well in the chinese stock market are mainly men and young people. she has always felt that women cannot be underestimated in the capital market, and she has been fighting for the glory and support of women over 60 years old.

she believes that even after two rounds of bull markets or mad bulls in china's stock market, one may not necessarily become a mature investor. therefore, the stock market must be studied, and pie in the sky will not fall. she still insists on watching financial programs every day. the reason why "grandma the stock god" is so obsessed with the stock market is because in her opinion, the industry is endlessly charming and there are too many things to learn. it is necessary to understand not only national policies, but also the fundamentals of listed companies, as well as the technology of stocks. noodle.

"the charm of the stock market is that there is no certainty, the water is quite deep, and it can cultivate and exercise people. it is a comprehensive examination and exercise of a person's ability, wisdom, and humanity. what i do is a 'combination of short and medium', not long-term , because china has no long-term prospects.”

according to the "grandma, the stock god", the stock market will definitely adjust after the national day holiday. it remains to be seen whether the adjustment will be strong or weak, and what method of adjustment will be used. the main institutions are adjusting their position structure and nurturing hot sectors, but the upward trend of the market remains unchanged. be optimistic about 3 years first, and then 5 years. the stock market needs to be watched as it goes.

the logic she agrees with is that real estate has been rising for nearly 30 years and has more than doubled more than 10 times. it is china's stock market opportunity. "every 10 years, assets will be redistributed in the future, and the country will definitely create a new middle class."

“would you recommend young people to speculate in stocks?” faced with a question from ifeng.com’s “eye of the storm,” the “stock god grandma” responded earnestly: “if a person has not experienced stock trading, his life will be in vain. only one who has experienced the capital market can step into the stock market. get on board with this bull market.”

(note: there are risks in the stock market, so investment needs to be cautious. the above is personal experience and does not constitute investment advice)