This article comes from the WeChat public account:Shanghai Living Guide (ID: SHerLife) , author: Jiang horizon, from the title figure: the original author courtesy

Guangdong Road on the weekend, there are always a group of grandpas and aunts chatting together.

The curious young man walked by, stretching his ears to listen, usually confused. More likely, you can’t even squeeze in.

What are they talking about?

Stocks.

The stock market is changing, and Guangdong Road will always have the latest market news.

Some people enjoy giving lectures here; some people listen to the news; some people have been sitting for thirty years and become a habit.

Thirty years ago, the Huangpu Sales Department of IWC opened at 729 Guangdong Road.

In the 1990s when information was extremely inconvenient, stockholders chatted in the sales department, and the Royal Palace restaurant next door to the sales department chatted, and more people gathered on Guangdong Road to chat about stocks, thus forming Shanghai’s famous street stock salon.

Although stocks can now be stocked on mobile phones and stocks can be chatted on WeChat, this offline salon is still magically preserved, witnessing the development and silence of stockholders.

This is a “Wall Street Sycamore Tree” belonging to Shanghai stockholders.


One

From Raffles on Tibet Middle Road, walk more than 100 meters to the south, a diametrically opposite world at the intersection of Guangdong comes into view.

Compared with Liang Tang, fashionable, full of young people, it is a wild, bustling world full of middle-aged and old people.

They formed a circle, listening to the uncle in the center of the circle talking. There are about twenty such circles, each with as few as three or four people and as many as twenty or more people.

Every weekend, Guangdong Road is close to Tibet Middle Road, there are always many aunts and uncles chatting

Under the classicist architecture of Shanghai Workers’ Cultural Palace, they talk about everything about the stock market.

The young man walked by and blocked the way forward. They didn’t complain, they walked all the way, and they talked to each other about what they had overheard.

With the confusion of entering the Guangdong Stock Market Salon for the first time, I squeezed into a circle centered on Lao Zhang.

Lao Zhang wore a director’s vest and a gold watch on his left hand. A pair of sunglasses covered his hair, and his mask was hidden under his chin.

His two hands were gesturing in the air, giving a speech full of passion, surrounded by a dozen listeners.

His basic theory is that the gene of the stock market is “M type”.

“Yi Zong can’t escape the Fibonacci sequence. This has been the rule for hundreds of years.”

“Nong Don’t talk about foreigners’ things(something) useless, the Chinese stock market also follows this rule. Nong just didn’t find it , That was stupid, right?”

Lao Zhang sent his theoretical model, he believes that the gene of the stock market is “M type”

There are many professional nouns spit out from Lao Zhang’s mouth. When I talked about the excitement, my eyes widened, and the wrinkles on my forehead deepened.

“Simple stock cutting? Tell me the old and simple, look at MACD (Smooth Similarities and Differences Moving Average). “

The aunt in black in the audience nodded, as if learning new knowledge, and immediately said “Thank you” to Lao Zhang.

She turned her head to find me, and saw a boy not far away. Perhaps Xu felt the hope brought by the young power to the stock market. She nodded and said, “It’s pretty good”.

“I haven’t seen it at a young age, it’s all the old lady of Allah.”

Lao Zhang finished his theory and saw that I was interested in it. When I asked me to go home, I could put the “M-type” theory on individual stocks, which was also true.

“Nong Nong will go up according to the rules and lose it. Otherwise, old and refreshing, come in fur coats and briefs.”

Then he sent me three stocks with enthusiasm and called me to go home to research.

“The devil is in the details. Find out the details and you will know. Nong (required)Always watch.”

Lao Zhang speaks eloquently and is very confident. He likes to use plain and easy-to-understand metaphors to further explain his views.

“Nong Nong has to keep in mind to make a daily limit. Nong has no Karma Dafa. Why is that? Nong’s skills have not been achieved, and I haven’t.”

“If I can catch the daily limit all the time, I can buy it in Shanghai.”

Aunt and Uncle form a circle, each circle ranges from three to four people and more than twenty people

Starting with Lao Ba shares, Lao Zhang is in the stock marketIt has been over thirty years here.

“I can talk to Nong. The houses in my house are all from Grisang (referring to stocks). >

“Son’s 147 square-meter flat floor; his own (self) 121 square meters, three bedrooms; the old man bought a house for Idongan Xincun .”

He used to live on Fuxing Road and came on a bicycle. Now living in Pudong, “I have to go back by car”, so I don’t come every week.

Lao Zhang’s stocks have his own theory, and his teaching must also have his own judgment.

“Non Nong don’t believe the things that people tell Nong. For example, outside, ah, how can the Trumps of the Ming Dynasty do what they can, not with Nong.” He waved his hand while saying.

“Don’t look at those listed (referring to securities analyst qualification certificates), Ira will not tell the truth to Nong. Also Yes, don’t read the annual report, don’t read the research report.”

Lao Zhang described it as such:

“Nongo graduated from a university and was assigned to a securities company. I want Nong to write a research report. Nong can write down? Can’t you just copy it? Remember, all the articles in the world are copied, and everyone knows.”< /p>

Two

Wandering around in the stock market salon, I saw Lao Gao standing under a tree.

Fang Cai only listened to Lao Zhang’s speech in the crowd, and he was accepting the advice of a thin aunt with short hair.

Lao Gao is very low-key and speaks softly. He wore a black T-shirt and dyed his black hair, looking afterlife.

I asked his old Zhang if he was credible. He said that the foundations are those foundations, but “all are exaggerated.”

“Nong Fei feels almost ready to get rid of (throw away), don’t be too greedy. Leave it to others.”

Looking down from the second floor of the City Workers’ Cultural Palace, there is a crowd of people at the intersection of Guangdong Road and Tibet Middle Road

Aunt with short hair asked him if this wave of quotes was until November.

He said, “Allah doesn’t guess. I’m currently typing (downward). Which position to knock, I’ll make it first. Once it is done, where the line is up, allah will enter again.”

Lao Gao is less than 60 years old this year and has a stock age of 30 years. I have worked for 8 years and have done business for several years after resigning.

“Actually, this industry is the best industry in the world. All the money you make is in your own hand. Nong is the chairman.”

Lao Gao described his work as quite light:

“Tea Tea(Tea Water)A cup, yo, this is a good buy. Indole, buy Go in a little bit. Ah, this place is a little better to throw away.”

You can see the stock market this way because Lao Gao makes money every month. He opened the software and showed us the profit analysis.

“Well, I earned 13,000 in April, 27,000 in March, 79,000 in February, and 28,000 in January.” And in each year after the last bull market ended, he Both are positive returns.

As a full-time investor, Lao Zhang’s goal is not to make big money, but to maintain stable earnings. In addition to the stock market, it also does futures and gold.

He likened his stock trading to opening a store, Is the craftsman spirit.

“Basically, it’s not easy for Nong to do anything casually. But Nong has to work hard with his mind and keep using his brains. This thing is like a craftsman, this spirit, and Nong will succeed Now.”

Shareholders get together to talk and talk, people passing by see it, but they often get confused

While earning “small banknotes” in the tepid stock market of the past few years, Lao Gao is gaining momentum.

“What kind of things does Allah Allah do now? Wait.”

“After waiting for one to two years, come to a big bull market, and Allah will earn some big bills. If you make a good money, then rest, and then go on a trip, you should use it. After all, the money is used to serve people. “

Lao Gao feels that the stock market is not suitable for young and fledgling people.

“From my perspective, it is best to be a 40-year-old stock, which is a bit more mature. Because younger people are full of vigor, they will always rush.”

“In one stroke, I often let Nong take medicine(Trick). Be sure to stabilize and stay calm.”

Even if you are as stable as you are, you always lose money, especially after you get older.

“Chen Guang, who was young at an early age, still feels that it is not a proper thing to lose money, so he is a little afraid of death.”

“Now I seem to be older. Once Nong loses, my heart is old and depressed, and it seems uncomfortable (comfortable).”

Lao Gao, who lives in Pudong, now only visits Guangdong Road in a yearTwo or three trips.

“After all, there are emotions here long ago. A person seems to be used to doing a thing. Come and see when there is Chenguang, and some people who have known each other early.”

Three

As night falls, Guangdong Road is still lively.

The cigarette butts lit up sporadically, shining on the faces of investors.

Weekend night, lively on Guangdong Road

Guangdong Road at night looks a little different.

I gathered in a few circles and listened for a while. The uncles were talking about international politics, from Trump, Taiwan Strait Relations, World Health Organization, to a heavy rain in Beijing in the afternoon.

Lao Zhu, who also gathered in Lao Zhang’s speech heap, recognized me in the crowd. He said that he had just eaten dinner on Zhejiang Road and came over to continue listening, preparing to hear a bicycle ride back at 10 o’clock for 20 minutes.

“I mainly judge whether there are many people who see more or more people who are short.”

Lao Zhu has white hair and light blue shirt pockets with letter paper and a blue fountain pen. Sometimes I hear what I hear.

He is used to spending a day on the weekend, listening to people’s judgment in all circles of Guangdong Road. Then at “(Sunday)Make a decision on Monday at 10 o’clock in the evening”, “Unless news comes out at midnight ,I do not know”.

“Political influence is very heavy, this is the reason for the fall on FridayInside. World news, domestic news, (stock speculation) must know. “He said.

After dinner, everyone talked about the topic, the topic is not limited to stocks

In front of the Workers’ Cultural Palace on the Middle Road of Tibet, a dozen uncles carrying a shoulder bag in a circle and lit a cigarette after a meal. This group of stockholders knew each other before they had eaten nearby.

I asked them what they talked about at dinner.

“Let’s talk about white things. What does Nong buy, what does Nong do, and what do I do. Everyone talks about white things. Everyone has their own set of things.”

However, the exchange is limited to exchanges. In the case of stocks, they still “fake themselves”.

This group of uncles told me the “rules” of Guangdong Road in a word.

“‘Many people and less barometer’ means that the higher the Shanghai Composite Index, (Guangdong Road)The more people there are, the lower they are, and the fewer people there are. No one at the bottom!” They laughed as they said.

“Good Chenguang(here)200, 300, 2000 people will also have. Bad Chenguang, 20. All It’s all gone, there’s no more money, what are you talking about.”

Old investors, speak to and watch while facing the phone

After a round of cigarettes, they still persuaded me: “Non’t listen to it blindly. Especially people who want to collect banknotes here are even more unpleasant.”

After saying goodbye to my uncles, I really met the person who “received money” by the flower bed in the middle of Tibet Road.

A young guy wearing glasses, wearing a cotton and linen casual jacket and short pants, is selling himself to an aunt sitting by the flower bed.

He said that he has been specializing in stocks for more than ten years, and he will follow his instructions without losing money.

“I have everything good, I generally don’t give it to anyone. My last 7 daily limit…” While talking, he opened the phone to show the stocks he operated.

I asked him what the basis of his operation was.

“You can just follow my method anyway. But my method will not teach you.” He replied.

As the aunt became suspicious, another aunt said that the stock recommended by the young guy was not good. “Don’t buy this amount.”

After hearing the advice of his friend, the aunt rejected the boy.

People who sell stock software, smell business opportunities here and set up computer sales

But my aunt is very enthusiastic to me, and greets me to sit next to her and turn on her mobile phone to show me what she recently operatedStock “Shanghai Silicon Industry”.

“I bought 18 octagonal pieces and I got rid of them on Friday. I didn’t run the best, but I went up again. But I think I’ve made a good job. If I don’t run, panic.”

“I also won a new share this time, and I ran out of a few more than a hundred pieces, and I ran out. 500 shares made more than 40,000 pieces.”

The aunt said that the friends sitting on the side were friends who “eat a meal and stock a stock”, and they “talk and talk every Saturday.”

She said that she “buy three houses in the stock”, but she strongly discouraged me from stock trading.

“Auntie Bennon tells the truth, don’t do it. Now in the stock market, 10 yuan fell to 5 yuan, 5 yuan fell to 1 yuan, and trading was suspended later. The third board is gone.”

“There are many losers. Like me who make money, young and old. One of the ten compartments (earn money) none , It’s good to have one in a hundred boxes.”

“Don’t do stocks. Even if the bull market comes, Nong wouldn’t do it.”

Under the dark, the stock market salon still gathers a lot of people

In the half-hour conversation between my aunt and me, a total of 15 times, “Don’t do stocks” and 3 times, “The words here are not good”. I persuaded me almost every few minutes, with a strong focus.

“Nongong doesn’t do stocks, don’t do it, or find a friend. It’s better to have friends?”

When I said I was going home, my aunt took my arm and said to me: “Don’t do it, don’t do it. “


Four

After turning a few times on Guangdong Road, I was born with a huge doubt: Since everyone said that it’s unbelievable, why do you report every week?

That must start with history.

In June 1990, the IWC Huangpu Sales Department opened (No. 729, Guangdong Road) on the side of the Workers’ Cultural Palace, which is better than the Shanghai Stock Exchange As early as half a year, it was called “Huang Wanguo” by investors.

Although it is only a sales department, “Huang Wanguo” has set ten national firsts.

For example, the nation’s first all-weather business in the securities industry;

Published the nation’s first stock market analysis journal “Stock Market Big Brother”;

And when the securities market has just started, and the Shanghai and Shenzhen markets are segregated, the country is the first to start a business of buying and selling Shenzhen stocks in different places.

As a result, “Huang Wanguo” attracted a lot of traffic.

In 1993, the photos in front of the “Huang Wanguo” published in the “Liberation Daily” Photo by Yu Xinbao

In nearly a year and a half, “Huang Wanguo” often accounts for more than 10% of the Shanghai market’s trading volume, and eight of the buying orders in the Shenzhen market often become its own.

That is how, at the beginning of the reform and opening up step by step to liberalize the financial market, stockholders stepped into this unknownXintiandi has gradually formed the street stock market salon on Guangdong Road.

At that time, Guangdong Road was talking about stocks all night long, and to the point where it didn’t even drive.

Lao Song, who sold newspapers for 26 years on Guangdong Road, is a witness here.

He is more than 80 years old this year. After retirement, he started selling securities-related newspapers here. When I saw him a few times, I always wore a blue vest with “China News Weekly” written on the back.

Lao Song has sold newspapers here for more than 20 years, with more than ten peers, and only one is left now

He feels that the biggest change in this street stock market salon is “from prosperity to shrink now”, “I have never seen (here)It is not easy to go back to the road again (in case)“.

“At that time there were the most light, and there could be thousands of people. From morning to night to (evening), 24 hours.”

Today, newspapers have shrunk from 8 to 4 kinds. The sales volume has been sold from “thousands of copies” to 40 or 50 copies a weekend. There was only one old song seller left.

But Lao Song doesn’t own stocks.

“Because I’m not a believer. The facts tell me that no matter how much the agent knows, it will (was) wiped out.”

“A dozen or so old people sell newspapers, basically except