The "88 curse" refers to the 88% curse, that is, when the fund's position level reaches about 88%, the A-share market tends to plummet, and the fund's position becomes the "reverse indicator" of the stock market. When the average position of the fund is much higher than the historical average level of about 80%, the position level of the open-end stock fund even approaches or exceeds the critical line of the "88% curse". In recent years, the "88% curse" in the A-share market has appeared frequently.

Theoretically speaking, the existence of the "88% curse" is a reflection of the operating rules of the A-share market. Although the status of funds in the A-share market after full circulation is not as good as before, if only from the perspective of stock funds, the funds that control the flow of trillions of funds still have a decisive impact on the trend of the A-share market. Therefore, changes in fund positions are often regarded as the vane of A shares.

Extended data:

88 spell reflects a problem:

That is, whenever Niu Xiong turns around, Public Offering of Fund always stands on the wrong side of judgment, whether the fund manager is incompetent or Public Offering of Fund deliberately sacrifices himself to protect other comrades' safe retreat. If this problem is not solved satisfactorily, investors' trust in the public offering of funds will be lower and lower. In the future, with the continuous prosperity of private equity funds, perhaps public funds will become investment products that investors spurn.

Is the People's Network -88 Curse Coincidence or Fate?

Baidu Encyclopedia -88% curse