Here is the English translation of the provided text: "Completely disorganized,a wild punch kills the old master.

No matter how much turmoil,no one follows anyway,the volume not only doesn't increase but continues to shrink.

On the last day before the holiday,who can you expect to enter the market to clean up the mess?

In the early morning,it's the banks and other heavyweights that pull up the index,and the securities also join the ranks to protect the market.

At the same time,the national team is also exerting force on the SSE 50 ETF and the CSI 300 ETF.

Clearly,the volume is still shrinking,but it insists on pulling up the heavyweights,and the theme can only bleed,and can only rise in the index and fall in individual stocks.

On the intraday charts of the four major stock indices,the heavyweights lead the rise,and the themes lead the fall.

It is clear that investors are concerned about the rise and fall of individual stocks and the effect of making money,not the rise and fall of the index,so why insist on pulling up the heavyweight index.

It is unclear why the national team does not pull up the small-cap ETF,is it afraid that everyone will run away once it pulls up,why is it not afraid that the domestic institutional capital will run away when pulling up the heavyweight sector,the biggest bear in the market is institutional capital.

Of course,from my understanding,pulling up small-cap stocks,it is even more afraid of the institutions running away inside,compared to small-cap stocks,the institutions can only hold stably in the large-cap heavyweight varieties.

Originally hoped that today would smash again,breaking through 2700 points,if a small panic could be formed,short-term traders would not be a very good opportunity to enter the market.

But the market did not run as expected,but instead pulled up the index through pulling up the heavyweights,and a large number of individual stocks fell,and we naturally watched and did not move in this weak market.

In such a weak market,facing a small holiday,even if you want to hold currency for the holiday,there is no way,the set is too deep,who will cut the meat to leave,persistence is not how much confidence in the future,but a helpless choice.

Anyway,it has fallen so severely,I believe the market cannot continue like this,there will always be a turning point,3000 points will come back,most people can only comfort themselves like this.

Fans who watch me every day may be tired,it's the same old set every day,reminding risks every day,and not being able to move every day.

This can't move,that can't move,when can it move.

When can it move,I'm not clear,I am a realist,not an idealist,I can't ignore the real performance of the market,and every day I dream of a beautiful future,and the bull market is coming,everyone is going to be liberated.

Do you want to live in a dream or in reality.

You dream every day about eating abalone and sea cucumber,but when you open your eyes,you worry that it is difficult to even eat a mouthful of rice.

I am an old stockholder,I know the cruelty of this market very well,this market's reason for rising is not just a rebound after falling too much,the key issue is how much is too much,if there is a standard,wouldn't it be much better.

When others are afraid,I am greedy,how do you quantify the degree of panic of others,there is no standard.

So we still have to wait for opportunities honestly.

There are a lot of opportunities every day,but that does not belong to you,the opportunities that belong to you are very few,there are only a few real opportunities in a year,you are afraid of missing opportunities every day.

Every day I think there are opportunities,there are opportunities everywhere,the stock market is afraid that it will become a charity organization and it will not work.

Next,let's talk about a few hot topics in the market to relieve everyone's suppressed emotions,otherwise,it is always so suppressed,suffering from the dual blow of losing money and psychology,it is better to cut it directly,and forget about the stock market from then on,after all,the body is the most important,everything else is floating.

1.

The chairman of the China Securities Regulatory Commission,Wu Qing: continuously improve the quality and investment value of listed companies and take multiple measures to activate the merger and reorganization market.

This is the spirit of the new village head's speech during the research in Liaoning,and it is not a new thing,but it is very likely to be accelerated now.

In fact,everyone has a deep understanding in the past few months,one is the acceleration of delisting,and the other is the acceleration of mergers and reorganizations.

In my view,accelerating delisting has become a key to crushing the stock market,clearing out the trash,which is conducive to improving the overall quality of listed companies and is a major issue related to the long-term healthy development of the capital market.

Fighting against fraud is naturally a good thing,but the mistake is not in the investors,the reason for compensating investors,and not allowing investors to bear the cost of others' mistakes,investors suffer for others.

Obviously,this is not acceptable.

So in the absence of a perfect investor compensation mechanism,investors can only protect themselves,and can only endure the pain and give up,and automatically stay away from junk stocks and problematic stocks,and the result is that it spreads to small-cap stocks,and there are so many small-cap stocks in this market,and so many people sell.

Relying on heavyweight stocks to support the index,but unable to resist the decline of a large number of individual stocks.

In this way,the market can only go down.

We are not clear when the delisting compensation mechanism can be truly implemented and can effectively resolve the aftermath of delisting.

Compared with the great negative impact brought to the market by delisting,mergers and reorganizations are welcomed by the market with both hands.

In the past,the effect of mergers and reorganizations of state-owned enterprises and central enterprises was very good.

This is a win-win situation.

It can not only solve the problem of competition in the same industry,but also make the enterprise bigger and stronger,enhance the competitiveness and risk resistance of the enterprise,and at the same time reduce the number of individual stocks in the A-share market.

Investors are also keen to chase individual stocks with the expectation of reorganization and merger,which stimulates the market's speculation enthusiasm.

However,mergers and reorganizations involve many issues,and it is very slow to truly promote.

So this long-term good news is difficult to play a big role in the market in the short term.

Relying on a few individual stocks to reorganize and bring the market's speculation passion is very limited,and can only be seen from a long-term perspective.

State-owned enterprise reform,merger and reorganization concept stocks have been active repeatedly,Baobian Electric has gone out of 10 days and 7 boards,Guizhou Rope,Electronic City,Lingnan Shares,Hongye Futures,Xinhongtai,Ningxia Building Materials,China Communications Real Estate,Hainan Haiyao have all hit the daily limit,and Mogao shares,Shahe shares and others have risen by more than 5%.

They are all stimulated by the news to bring speculation,but after all,the number is limited,and it is difficult to shake the market.

2.

The latest report of 'Private Equity Witch' Li Bei is exposed,and the call option tool has been used to configure a long position.

Everyone still remembers last year,the private equity that has been shouting for ten years,and the great opportunity of twenty-one years,and finally has been educated by the market to be obedient,and finally had to change sides,and just after changing sides,suddenly there was a big rebound since 2635 points.

Slap both sides of the face,what kind of level is this.

Everyone thinks for themselves,who has the ability to predict the market,but some people with a single-minded mind suddenly guess the rise and fall of the market in a certain period of time by luck,but the luck will run out soon,and they think they are really powerful,and soon their reputation will be ruined.

Stock speculation,don't believe in experts,don't believe that anyone can make money for you,the people who can make money for you are nothing more than wanting to make money from you.

Recently,a report on the operation of Banxia Investment,which is led by Li Bei,has been exposed.

Li Bei has been bullish on equity assets for a year,but this has caused significant disturbance to its operations.

The latest report shows that since the beginning of 2024,the net long position of Banxia Investment's macro strategy products has been below 50%,which is significantly lower than the proportion in 2023.

Li Bei believes that from one to two quarters,the most downstream orders and demand have actually started to improve,and the production side's sequential increase will be seen after 1-2 months,and it can be improved for at least 1-2 quarters.

Once the real estate policy is in place,a new round of economic cycle may be opened.

Based on this,she believes that some categories are obviously killed,and there will be a greater opportunity in the future.

This report reveals the future allocation ideas of the private equity,with Hong Kong stocks with high dividends as the bottom position,bonds maintain the previous position,and commodities are allocated with a portion of gold.

In addition,Banxia Investment also revealed that the team has gradually configured a long position with option tools,and will take the opportunity to further increase the position.

For her views,everyone can just watch the excitement.

This market has no few people who can make money by predicting,only by going with the flow,we can only grasp the big opportunities,small opportunities are not necessary,miss it.

The big opportunity has come,it cannot end quickly,and it is not an opportunity to come and go quickly,at most it is a speculation,and most people cannot do it.

3.

I just saw a news,Liu Jipeng's Weibo has been banned again,and it has just been unblocked for three months.

This reminds me to be careful with strategy,don't be too straightforward.

Of course,as a small guy like me,not many people pay attention to me,but if I say something wrong,the platform will still punish me.

So I have to be cautious.

We cannot control the market,you think you can speak to the point,have a strong insight,others may not agree,so it's better to stop at the right time and don't go too far.

I have written a lot again,don't think I'm talking nonsense,it's better than you studying hard and being deceived every day.

Sometimes when the operation is not smooth and the market is not good,you must stop and don't be stubborn.

You must be infatuated with someone else,and don't be too persistent about the market.

The market has seen it,if you have the ability to make money in this market,then go ahead,if you don't,then don't mess around.

Don't let the hawk go without seeing the rabbit.

After the Mid-Autumn Festival,it's the National Day soon,do you think there will be an opportunity?"