我們說，股市是金融市場的組成部分，金融市場的走勢變化必定取決於投資公衆對影響市場各項事務的判斷和預期。儘管從長期看，最終還要看經濟基本面，但長期走勢畢竟是一個接一個的短期走勢銜接而出，如果一個接一個的短期走勢被一個接一個的錯誤預期左右，那誰還會顧及長期經濟基本面？誰還會顧及未來什麼時候市場發生逆轉？

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