There is no need to analyze the market now, this is already a war.

There is no need to analyze the market now, this is already a war. Although the management denied a series of rumors such as foreign short selling, it is obvious from the handicap that this round of short selling funds is rich in experience, strong in strength and well prepared. Compared with the first time that A-shares experienced a leveraged bull market, these funds are obviously more familiar with how to take advantage of the short-selling effect of leverage at all stages, and at the same time, they are more familiar with using a series of financial derivatives such as stock index futures and ETFs to short, and they are not soft in the face of the strong counterattack of the government. This will obviously make people immediately think of the international professional short-selling fund technique represented by quantum funds. That's why I said on Monday that this round of adjustment should be compared with Hong Kong's financial defense war.

Now the long and short sides are basically in a showdown state. The China administration began to make a counter-attack gesture last weekend. First, the three gold medals were good, and then the Shanghai-Hong Kong Stock Connect was suspended on Tuesday. Private investors gathered at the bottom and directly used the violence of the national team to boost the market. However, judging from the trend on Wednesday, experienced short-selling funds are obviously better prepared. After temporarily retreating to avoid the edge of the national team, they temporarily ran out of funds through the favorable vacuum and the national team. In the afternoon, they smashed again and won another game. It can be expected that on Wednesday night, the China Municipal Council will regroup to prepare for Thursday's counterattack. In the face of well-prepared and experienced speculators, we should be well prepared and have sufficient funds. Hong Kong's financial defense has also used a lot of government resources, which is much larger than the A shares of Hong Kong stock market. Once the financial war starts, we must not take it lightly. The soldiers are expensive and fast, and the counterattack must not be sloppy. I think if I make a few good returns and the Jedi counter-attack, I will start to slack off. This time, it is probably not the domestic darling fund that is used to the policy trend, but the bloodthirsty international hungry wolf. So the strategy now is simple. You bet on this war. If you bet on national victory, please hold shares; If you win short money, please leave. Of course, the premise is that you don't have leverage, otherwise you may be involuntarily.

In the afternoon, I discussed with a good friend whether to go or stay. I replied: Now both sides have a showdown, and it is the most panic moment in the market. I put my annual income here, and the country loses, just take it all!

(Wang Yawei, former deputy general manager of Huaxia Fund and chairman of Shenqian Joint Venture Capital Management Co., Ltd.)