【Adam Khoo】别被滞胀吓跑！这才是真正的离场信号

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短时间内物价翻倍上涨

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令人不安的头条新闻重现

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最新惊悚标题是滞胀危机

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是啊

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所以什么是滞胀

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滞胀是指经济停滞与通胀同时发生

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这令许多投资者恐慌抛售

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因此市场持续下跌

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市场从高点已跌去5%

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越来越多学生向我提问

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会引发熊市吗

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现在应该恐慌抛售吗

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嗯

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别急着恐慌抛售

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让我们回顾近期历史

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当时我们也有相同担忧

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同样的滞胀叙事

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这个叙事

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其实始于

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呃

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2022年7月16日

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彭博社文章称何为滞胀

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为何现在令人担忧

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就在这里

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2023年8月10日再次

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滞胀重现新闻非70年代

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但滞胀卷土重来

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再次

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滞胀在此

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滞胀在此

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2024年4月25日

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美国滞胀担忧加剧

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弗莱迪·克鲁格回来了

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2025年4月1日

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滞胀引发美国经济新担忧

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滞胀叙事并非新鲜事

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他们反复出现

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每隔几个月就抛出

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若观察图表

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这些新闻是否

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能帮助预测三个月后股市

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六个月后

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十二个月后

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完全不能

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每当提及滞胀

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市场立即反弹

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与文章无关

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你知道吗

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那这里

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你知道的

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他们说滞胀正在出现

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是的

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市场可能下跌一阵

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大概四个月左右

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然后市场一路反弹回升

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那边的滞胀情况

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市场可能下跌一两个月

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随后反弹回升

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所以这就是为什么

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我一直说新闻标题本身其实意义不大

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在帮助我们做投资决策时

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但接下来的问题是

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但历史上所有价格波动都导致了衰退

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这次全面上涨真的会引发衰退吗

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也许也许不会

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但让我们看看事实

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所以当然

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确实如此

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过去所有价格飙升都导致了衰退和熊市

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但在三种情景下

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首先需在平均价基础上上涨50%至100%

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并持续至少9到12个月

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此时全面价格飙升才会传导至实体经济

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从而引发当前衰退吗？所有价格是否已上涨超50%

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是的

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但未能持续仅几天后便回落

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所以现在

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全面价格比平均高约4%

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5%

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已维持约一个月

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需保持50%以上涨幅至少9到12个月

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才能真正损害经济

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目前还未达到

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过去衰退情景不仅要求全面价格上涨且维持高位

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还需经济极度疲软

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而油价基本是触发因素

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当前美国经济是否疲软

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若阅读上周五的新闻

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美国

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经济增速放缓

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增长势头减弱

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事实上

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第四季度GDP刚下调至0.7%

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但可说是去年政府停摆的短期影响

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如今美国政府停摆

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好消息是今年第一季度GDP

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根据亚特兰大联储GDP现况追踪为2.7%

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因此，目前美国经济看起来暂时还过得去

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第三点

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每当全面价格飙升引发经济衰退时

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当时必须发生第三件事

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那就是当时的联邦储备系统

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必须大幅加息以抑制通胀

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这导致了衰退期间的熊市

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现在这种情况会不会再次发生

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我们不知道，无法预测

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以及特朗普担任总统

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我认为大幅加息再次飙升的可能性相当低

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目前来看

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短期内

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但如果真的发生

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作为投资者如果遭遇另一次衰退

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我们如何利用这些信息在市场中把握进出时机

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答案是

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我们做不到

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事实上

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我要证明为什么经济数据

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无论是通胀、利率还是GDP，完全无法用于市场时机判断

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市场

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让我们研究过去二十年

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过去二十年实际上发生了两次衰退

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第一次是金融危机

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第二次则是最近的

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2019年新冠疫情衰退

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金融危机始于2007年12月

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但官方宣布进入衰退时

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已是12个月后

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即12月

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2008年

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衰退于2009年6月结束

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但官方确认衰退结束时

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当公布官方数据时

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已是2010年9月

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距离衰退结束已过去15个月

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衰退结束

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所有经济数据的问题在于滞后性

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当你获得数据时

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事件早已过去数月

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让我们看看图表表现

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市场在此处达到峰值

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这是市场的顶点

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这是市场的底部

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市场下跌约五

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六个百分点

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正如我之前所说，衰退始于2007年12月

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但你不会知道

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因为数据公布时

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他们正式宣布我们陷入衰退

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时间是十二月二十八日

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这已经是十二个月后

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这意味着当你看到这是衰退时

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你已经身处其中

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如果你看到有衰退就卖出股票

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会发生什么

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实际上你会在市场暴跌超50%后卖出

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然后衰退在这里结束

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六月二十九日

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但你只会知道数据公布时

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当数据公布时

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当数据确认衰退结束时

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新闻随即发布

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宣布衰退结束

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时间是二〇一〇年九月二十日

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这比实际结束晚了十五个月

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当你读到好消息买入股票时

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会发生什么

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你几乎在底部附近操作

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等到你重新买入时

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价格已上涨这么多

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这就是阅读经济数据

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无论是收益率曲线

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利率

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GDP

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现在完全是糟糕的时机工具

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那么你可能会问

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有没有更好的时机工具

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作为领先指标而非滞后指标

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或者至少是同步指标

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答案是肯定的

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我稍后会展示给你看

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但先别急

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我将再举一个近期的例子

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我们经历的那场衰退

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也就是新冠崩盘

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让我们回顾六年前的那次核心衰退

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我的天啊

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真的已经六年了时间飞逝

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好的

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这就是新冠疫情

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衰退始于二〇二〇年二月

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但你不会知道

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因为宣布衰退时

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当数据公布时

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GDP已出现收缩

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时间是二〇二〇年六月

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这已经是事实发生后的四个月了

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所以当你看到我们陷入衰退的新闻时

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GDP已出现萎缩

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你应该已经在这里卖出

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想一想

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没错

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市场暴跌了50%

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当你得知出现衰退时

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你却在这里卖出

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相当愚蠢

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等到他们宣布衰退开始时

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熊市已经来去匆匆

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事实上

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很多人在这里犯了卖出的错误

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认为我们将陷入长期萧条

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现在

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当衰退真正结束时

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衰退实际上在这里结束

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2020年4月

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但同样

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你不会知道因为数据公布时

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确认衰退结束

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已是15个月后

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2011年7月19日

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此时他们告诉你衰退已结束

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经济正在复苏

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想象你会

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如果你在看到利好时买入

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你在这里卖出又在更高点回补

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所以我每次看到经济新闻

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都会导致你卖出并更高价回补

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卖出再高价买入

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这就是长期来看完全拖累市场表现的原因

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而无法战胜标普500指数

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与其关注经济数据

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更好的方法是识别潜在下跌趋势和熊市

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以及识别牛市和上升趋势

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应观察价格走势

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因为价格总是领先经济数据

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这不是新知识

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我在财富学院投资大师课教授这个已有20多年

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十年前我就公开分享过这个方法

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如果你没看过请观看此视频

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此视频如你所见

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已超过十年

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这里我将讲解

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这个50日150日均线交叉技术

243
00:10:19,320 --> 00:10:20,980
我将回顾这项技术

244
00:10:20,980 --> 00:10:23,620
展示如何成为更有效的工具

245
00:10:23,620 --> 00:10:26,759
识别熊市和牛市

246
00:10:26,759 --> 00:10:30,110
识别上升趋势和下降趋势的技术

247
00:10:30,110 --> 00:10:32,509
你可以使用日线周期

248
00:10:32,509 --> 00:10:36,240
日K线周期或周K线周期

249
00:10:36,240 --> 00:10:38,279
所以如果你看过我之前的视频

250
00:10:38,279 --> 00:10:41,019
我当时是在日K线周期上应用的

251
00:10:41,019 --> 00:10:46,789
我使用了50日和150日简单移动平均线

252
00:10:47,909 --> 00:10:50,200
既然这里使用的是周K线

253
00:10:50,200 --> 00:10:52,740
我将使用周线周期

254
00:10:52,740 --> 00:10:57,059
记住50日均线相当于10周

255
00:10:57,059 --> 00:11:00,230
因为一周有五个交易日

256
00:11:00,230 --> 00:11:06,820
150日均线相当于30周均线

257
00:11:06,820 --> 00:11:10,460
换句话说我可以使用这两种

258
00:11:10,460 --> 00:11:12,460
由于我观察的是周K线

259
00:11:12,460 --> 00:11:16,158
我将使用10周和30周简单移动平均线

260
00:11:16,158 --> 00:11:19,299
让我把两条移动平均线添加到图表中

261
00:11:19,299 --> 00:11:21,240
嗯我已经预存好了

262
00:11:21,240 --> 00:11:23,720
所以这里是10周和30周简单移动平均线

263
00:11:23,720 --> 00:11:25,809
在那里出现啦，看这里

264
00:11:25,809 --> 00:11:30,549
蓝色线是10周简单移动平均线

265
00:11:30,549 --> 00:11:33,720
绿色线是30周简单移动平均线

266
00:11:33,720 --> 00:11:35,360
这个原理非常简单

267
00:11:35,360 --> 00:11:37,779
当10日线位于30日线上方时

268
00:11:37,779 --> 00:11:41,360
即当蓝色线在绿色线上方时

269
00:11:41,360 --> 00:11:43,320
我们处于牛市

270
00:11:43,320 --> 00:11:45,100
处于上升趋势

271
00:11:45,100 --> 00:11:50,879
但当蓝色线跌破绿色线且两条线向下倾斜时

272
00:11:50,879 --> 00:11:52,259
它们必须向下倾斜

273
00:11:52,259 --> 00:11:53,899
这时我们处于修正阶段

274
00:11:53,899 --> 00:11:56,779
可能预示熊市来临

275
00:11:56,779 --> 00:11:57,980
并非百分之百准确

276
00:11:57,980 --> 00:11:59,639
但可能预示熊市

277
00:11:59,639 --> 00:12:01,899
现在让我们看看实际效果

278
00:12:01,899 --> 00:12:04,600
但这里可以看到蓝色线在绿色线上方

279
00:12:04,600 --> 00:12:07,320
这显然是牛市

280
00:12:07,320 --> 00:12:09,159
现在明显处于上升趋势

281
00:12:09,159 --> 00:12:14,719
在这里蓝色线跌破绿色线对吧

282
00:12:14,719 --> 00:12:16,938
但这不是下跌趋势

283
00:12:16,938 --> 00:12:18,499
这不是修正阶段

284
00:12:18,499 --> 00:12:21,600
因为虽然蓝色线跌破绿色线

285
00:12:21,600 --> 00:12:23,860
但绿色线并未向下倾斜

286
00:12:23,860 --> 00:12:26,120
绿色线仍在上升

287
00:12:26,120 --> 00:12:30,080
因此不构成下跌信号

288
00:12:30,320 --> 00:12:37,159
但在这里可以看到蓝色线再次跌破绿色线

289
00:12:37,360 --> 00:12:38,840
并且趋势发生变化

290
00:12:38,840 --> 00:12:40,399
蓝色线开始向下倾斜

291
00:12:40,399 --> 00:12:41,720
绿色线也开始向下倾斜

292
00:12:41,720 --> 00:12:48,360
这里确认了下跌趋势

293
00:12:49,159 --> 00:12:54,480
这是可能引发熊市的修正

294
00:12:54,480 --> 00:12:57,860
这可能是卖出信号

295
00:13:03,659 --> 00:13:07,919
这将是清仓离场的信号

296
00:13:07,919 --> 00:13:09,259
然后市场现在开始下跌

297
00:13:09,259 --> 00:13:13,070
在这里你可以看到蓝色线重新上穿绿色线

298
00:13:13,070 --> 00:13:14,690
但这是否构成上升趋势信号

299
00:13:14,690 --> 00:13:15,909
这是否是牛市信号

300
00:13:15,909 --> 00:13:16,169
不

301
00:13:16,169 --> 00:13:19,169
因为绿色线仍呈下行趋势

302
00:13:19,169 --> 00:13:20,830
要形成新的牛市

303
00:13:20,830 --> 00:13:22,789
两条线都需上行

304
00:13:22,789 --> 00:13:27,070
记住趋势斜率比单纯交叉更重要

305
00:13:27,070 --> 00:13:30,440
斜率必须跟随交叉确认

306
00:13:30,720 --> 00:13:37,499
在这里你可以看到蓝色线重新上穿绿色线

307
00:13:37,499 --> 00:13:39,538
且蓝色线呈上升趋势

308
00:13:39,538 --> 00:13:40,999
绿色线也呈上升趋势

309
00:13:40,999 --> 00:13:44,149
这确认了新的上升趋势

310
00:13:44,149 --> 00:13:46,710
这确认了新的牛市行情

311
00:13:46,710 --> 00:13:50,889
因此可以在此重新入场买入

312
00:13:50,889 --> 00:13:56,250
这种技术让你能在此离场并在更低价位回补

313
00:13:56,250 --> 00:14:01,059
这比等待滞后性的经济数据更有用

314
00:14:01,059 --> 00:14:02,039
这些数据总是滞后

315
00:14:02,039 --> 00:14:05,279
但这种方法是否可用于互联网泡沫崩盘

316
00:14:05,279 --> 00:14:07,279
那是在几年前发生的

317
00:14:07,279 --> 00:14:07,759
是的

318
00:14:07,759 --> 00:14:10,519
让我们滚动查看互联网泡沫崩盘

319
00:14:10,519 --> 00:14:12,039
这就是互联网泡沫崩盘

320
00:14:12,039 --> 00:14:13,460
如你所见

321
00:14:13,899 --> 00:14:17,679
这种方法是否能提前让你离场

322
00:14:17,679 --> 00:14:18,370
是的

323
00:14:18,370 --> 00:14:20,850
让我们再次观察

324
00:14:20,850 --> 00:14:24,399
注意到此处蓝色线在绿色线上方

325
00:14:24,399 --> 00:14:25,580
这属于上升趋势

326
00:14:25,580 --> 00:14:26,799
这是确认信号

327
00:14:26,799 --> 00:14:27,740
牛市行情

328
00:14:27,740 --> 00:14:28,059
抱歉

329
00:14:28,059 --> 00:14:29,000
现在

330
00:14:29,000 --> 00:14:31,828
此处蓝色线下穿绿色线

331
00:14:31,828 --> 00:14:33,788
但绿色线仍呈上升趋势

332
00:14:33,788 --> 00:14:35,068
因此无下跌趋势

333
00:14:35,068 --> 00:14:36,440
没有修正行情

334
00:14:36,440 --> 00:14:37,320
同样情况

335
00:14:37,320 --> 00:14:39,279
蓝色线下穿绿色线

336
00:14:39,279 --> 00:14:42,000
但绿色线在此仍呈上升

337
00:14:42,000 --> 00:14:43,340
这就是区别

338
00:14:43,340 --> 00:14:45,480
蓝色线下穿绿色线

339
00:14:45,480 --> 00:14:46,980
蓝色线下行

340
00:14:46,980 --> 00:14:48,019
绿色线平稳上行

341
00:14:48,019 --> 00:14:51,110
这确认了下跌趋势

342
00:14:51,110 --> 00:14:54,730
这是确认的修正可能引发熊市

343
00:14:54,730 --> 00:14:59,639
确实导致了最终的熊市一路下跌

344
00:14:59,639 --> 00:15:00,870
让我们看看

345
00:15:00,870 --> 00:15:04,509
根据这个方法你会在哪里重新入场

346
00:15:04,509 --> 00:15:06,320
交叉技术

347
00:15:06,799 --> 00:15:08,220
所以你本应该已经出去了

348
00:15:08,220 --> 00:15:11,668
你在那边卖出后市场却下跌了

349
00:15:11,668 --> 00:15:12,129
开始下跌了

350
00:15:12,129 --> 00:15:12,568
继续下跌

351
00:15:12,568 --> 00:15:13,009
现在要出去了

352
00:15:13,009 --> 00:15:13,749
这里的情况如何

353
00:15:13,749 --> 00:15:17,828
你可以看到蓝色线在绿色线上方交叉了

354
00:15:18,229 --> 00:15:19,948
但绿色线仍在下行

355
00:15:19,948 --> 00:15:22,789
因此这不是明确的买入信号

356
00:15:22,789 --> 00:15:24,070
然后这里这里呢

357
00:15:24,070 --> 00:15:26,190
蓝色线再次上穿绿色线

358
00:15:26,190 --> 00:15:26,850
但同样

359
00:15:26,850 --> 00:15:28,169
绿色线仍持续下行

360
00:15:28,169 --> 00:15:31,809
因此这里也不是反转信号

361
00:15:31,809 --> 00:15:34,349
蓝色线再次上穿绿色线

362
00:15:34,349 --> 00:15:36,469
但两条线都在上升

363
00:15:36,469 --> 00:15:37,528
蓝色线呈上升趋势

364
00:15:37,528 --> 00:15:38,509
绿色线也呈上升趋势

365
00:15:38,509 --> 00:15:41,568
这就是确认牛市

366
00:15:41,568 --> 00:15:44,578
这是确认新上升趋势

367
00:15:44,578 --> 00:15:48,119
这可能是重新入场的好时机

368
00:15:48,119 --> 00:15:49,019
所以再次

369
00:15:49,019 --> 00:15:49,958
这里要退出

370
00:15:49,958 --> 00:15:53,120
低位回补并入场

371
00:15:58,480 --> 00:16:04,490
在此处入场抓住新一轮牛市

372
00:16:04,490 --> 00:16:05,269
让我总结一下

373
00:16:05,269 --> 00:16:05,730
亚当这个

374
00:16:05,730 --> 00:16:06,309
太棒了

375
00:16:06,309 --> 00:16:07,070
这样就很好

376
00:16:07,070 --> 00:16:09,330
我可以提前在熊市开始时离场

377
00:16:09,330 --> 00:16:11,740
在牛市启动时及时入场

378
00:16:11,740 --> 00:16:13,860
我是否一直使用这个方法

379
00:16:13,860 --> 00:16:14,700
答案是否定的

380
00:16:14,700 --> 00:16:15,679
我不总是使用它

381
00:16:15,679 --> 00:16:18,318
为什么记住任何技术都有优缺点

382
00:16:18,318 --> 00:16:20,558
但这种方法的优点是

383
00:16:20,558 --> 00:16:22,078
它能让你在熊市初期及时退出

384
00:16:22,078 --> 00:16:26,099
并在牛市启动几个月后重新入场

385
00:16:26,099 --> 00:16:30,809
但问题在于并非所有回调都会引发熊市

386
00:16:30,809 --> 00:16:35,049
事实上我可以告诉你五次回调中有四次

387
00:16:35,049 --> 00:16:38,649
不会导致真正的市场下跌

388
00:16:38,649 --> 00:16:40,070
回调可能仅持续数月

389
00:16:40,070 --> 00:16:44,500
随后市场又回升

390
00:16:44,500 --> 00:16:46,039
在这种情况下使用该技术

391
00:16:46,039 --> 00:16:49,820
退出市场

392
00:16:49,820 --> 00:16:50,960
使用此技术

393
00:16:50,960 --> 00:16:55,529
你可能需要以稍高价位重新入场

394
00:16:55,529 --> 00:16:57,889
这会导致频繁震荡

395
00:16:57,889 --> 00:17:01,629
让我举例说明这一时期

396
00:17:01,629 --> 00:17:03,389
所以如果你使用这种技术

397
00:17:03,389 --> 00:17:04,519
那会发生什么呢

398
00:17:04,519 --> 00:17:05,400
你刚才说过

399
00:17:05,400 --> 00:17:05,799
哦嘿

400
00:17:05,799 --> 00:17:06,619
这是一个 downtrend（下跌趋势）

401
00:17:06,619 --> 00:17:09,839
蓝色十字线在绿色下方且绿色线向下倾斜

402
00:17:09,839 --> 00:17:10,799
蓝色线向下倾斜

403
00:17:10,799 --> 00:17:13,200
你会在这里卖出对吧

404
00:17:13,200 --> 00:17:14,460
你在这里卖出了

405
00:17:14,460 --> 00:17:18,099
然后蓝色十字线重新回到绿色上方并向上倾斜

406
00:17:18,099 --> 00:17:18,960
绿色线向上倾斜

407
00:17:18,960 --> 00:17:21,759
你会在这里重新买入

408
00:17:21,759 --> 00:17:26,269
因此你会在这里卖出然后在这里买入

409
00:17:26,269 --> 00:17:29,829
然后你错过了这里的一些收益

410
00:17:29,829 --> 00:17:30,910
这里的情况也一样

411
00:17:30,910 --> 00:17:34,969
你可以看到蓝色十字线在绿色线下方并向下倾斜

412
00:17:34,969 --> 00:17:39,409
这会导致你在某个位置卖出

413
00:17:39,409 --> 00:17:43,400
然后蓝色线重新回到绿色线上方并向上倾斜

414
00:17:43,400 --> 00:17:45,640
你会在这里重新买入

415
00:17:45,640 --> 00:17:50,289
所以你多次在这里卖出又在这里买入

416
00:17:50,289 --> 00:17:52,930
如果下跌趋势不会导致市场恶化

417
00:17:52,930 --> 00:17:54,950
你会在这里卖出

418
00:17:54,950 --> 00:17:55,569
以更高的价格买入

419
00:17:55,569 --> 00:17:56,150
在这里卖出

420
00:17:56,150 --> 00:17:56,650
以更高的价格买入

421
00:17:56,650 --> 00:17:57,130
在这里卖出

422
00:17:57,130 --> 00:17:57,880
以更高的价格买入

423
00:17:57,880 --> 00:18:03,829
长期来看侵蚀利润并降低长期回报

424
00:18:03,829 --> 00:18:09,380
所以当人们问我哪种更好

425
00:18:09,380 --> 00:18:10,539
是持有不动

426
00:18:10,539 --> 00:18:10,940
进场

427
00:18:10,940 --> 00:18:11,660
进出操作

428
00:18:11,660 --> 00:18:11,980
退出

429
00:18:11,980 --> 00:18:14,039
通过趋势跟踪技术进场

430
00:18:14,039 --> 00:18:15,259
根据我的研究

431
00:18:15,259 --> 00:18:18,730
发现长期来看十年二十年三十年

432
00:18:18,730 --> 00:18:22,150
其实差别不大

433
00:18:22,150 --> 00:18:22,809
换句话说

434
00:18:22,809 --> 00:18:26,210
如果你简单买入并持有所有熊市

435
00:18:26,210 --> 00:18:28,250
与频繁进出相比

436
00:18:28,250 --> 00:18:31,470
假设你能在最佳时机进出

437
00:18:31,470 --> 00:18:34,460
最终结果差不多

438
00:18:34,460 --> 00:18:36,119
但大多数人的问题在于

439
00:18:36,119 --> 00:18:37,779
当试图捕捉市场时机时

440
00:18:37,779 --> 00:18:40,279
可能误读价格走势

441
00:18:40,279 --> 00:18:41,920
导致过晚退出

442
00:18:41,920 --> 00:18:43,809
或过晚回补

443
00:18:43,809 --> 00:18:49,638
这样一来最终回报会远低于持有不动

444
00:18:49,638 --> 00:18:51,838
希望这些对你有帮助

445
00:18:51,838 --> 00:18:52,939
所以答案是肯定的

446
00:18:52,939 --> 00:18:55,298
你可以通过价格走势来把握市场时机

447
00:18:55,298 --> 00:18:57,019
使用技术分析方法

448
00:18:57,019 --> 00:18:59,200
但必须知道何时使用它

449
00:18:59,200 --> 00:19:00,920
何时不应使用它

450
00:19:00,920 --> 00:19:03,319
这对持续的熊市很有用

451
00:19:03,319 --> 00:19:06,429
但在牛市中许多时候

452
00:19:06,669 --> 00:19:09,368
通过在短期回调时进出市场

453
00:19:09,368 --> 00:19:10,989
会侵蚀你的收益

454
00:19:10,989 --> 00:19:11,509
例如

455
00:19:11,509 --> 00:19:13,469
看看去年的那次回调

456
00:19:13,469 --> 00:19:17,769
在特朗普的独立日贸易战期间

457
00:19:17,769 --> 00:19:18,450
呃

458
00:19:18,450 --> 00:19:20,660
市场大幅下跌

459
00:19:20,660 --> 00:19:22,119
如果你再次跟进

460
00:19:22,119 --> 00:19:22,859
这项技术

461
00:19:22,859 --> 00:19:26,000
可以看到下方蓝色十字线在绿色斜线下方

462
00:19:26,000 --> 00:19:28,400
会导致你卖出

463
00:19:29,359 --> 00:19:34,140
然后蓝色十字线回升与绿色线重合并在此买入，所以再次

464
00:19:34,140 --> 00:19:36,819
卖出后在更高位回补，反复如此

465
00:19:36,819 --> 00:19:38,420
错失那些收益

466
00:19:38,420 --> 00:19:42,720
这就是频繁进出市场的风险

467
00:19:42,720 --> 00:19:44,099
如果不是熊市

468
00:19:44,099 --> 00:19:45,940
你最终会支付更高价格

469
00:19:45,940 --> 00:19:47,759
我们现在处于什么位置

470
00:19:47,759 --> 00:19:48,880
现在我们在这里

471
00:19:48,880 --> 00:19:53,450
可以看到我们处于小幅回撤

472
00:19:53,450 --> 00:19:55,430
从高点下跌约5%

473
00:19:55,430 --> 00:19:57,569
我们尚未进入回调阶段

474
00:19:57,569 --> 00:20:01,949
回调是指市场从高点下跌至少10%

475
00:20:01,949 --> 00:20:06,288
那时蓝色线将下穿绿色线，尚未发生

476
00:20:06,288 --> 00:20:09,869
目前我们仍远离回调或熊市

477
00:20:09,869 --> 00:20:11,009
感谢大家收听

478
00:20:11,009 --> 00:20:13,390
一如既往，请订阅观看下期视频

479
00:20:13,390 --> 00:20:15,150
想获取我的最新视频

480
00:20:15,150 --> 00:20:16,589
请点击订阅按钮

481
00:20:16,589 --> 00:20:17,490
现在

482
00:20:17,490 --> 00:20:18,470
点击铃铛图标

483
00:20:18,470 --> 00:20:22,210
以便第一时间收到新视频通知

484
00:20:22,210 --> 00:20:24,569
如果您查看我的在线课程

485
00:20:24,569 --> 00:20:26,799
访问piranha profits.com

486
00:20:26,799 --> 00:20:30,079
我们将学习如何投资并应对金融市场

487
00:20:30,079 --> 00:20:33,019
并从全球各地获得收入

488
00:20:33,019 --> 00:20:36,440
如果您想加入我的实时财富学院项目

489
00:20:36,440 --> 00:20:40,380
前往wealth academy global.com了解详情

490
00:20:42,779 --> 00:20:43,539
我是亚当·库尔

491
00:20:43,539 --> 00:20:45,460
愿市场与你同在

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