私募

 找回密码
 立即注册
搜索
热搜: 活动 交友 discuz

徐翔豪赌投资路:传言早年至少获利20亿

[复制链接]
发表于 2015-11-9 15:00:58 | 显示全部楼层 |阅读模式
 18岁放弃高考专职投资,传言称早年间至少获利20亿;其旗下基金往往逆市飙涨
$ k2 D6 }1 s$ K
8 d- r5 Y! h% Z( Y/ P  “投资没有那么简单,只靠交易就能赚钱。交易只是投资中很小的一部分,除此之外还要做很多工作。”在2011年《中国证券报》的一次采访中,徐翔如是说道。9 M5 ~6 {- Z7 h" C' c, G, Z" C
6 C; W, ]1 v( @/ s) J0 y
  那是始终保持神秘的“私募一哥”首次接受媒体采访,他说这句话想表达的意思本来是投资前要对公司和行业进行深入研究后筛选出股票。但是在今天看来,徐翔“除此之外”要做的工作,或许涉及更多见不得阳光的内幕。
% `( e  `; X, H0 I7 @, t9 t0 Q* Y
  11月2日深夜,徐翔被查的传闻终于被证实,一代私募大佬就此走下神坛,而他旗下几只基金的辉煌业绩依旧高挂在收益排行榜上,证明着这个市场上曾经诞生过的“传奇”。4 s6 }; ~* C  S( S+ k( Q
4 i: r% _5 l7 M! k3 H- ~( q+ a
  草根封神8 G$ A5 Q7 g" L4 Y. n" @' d) z

4 H9 _, e* r' t% Z+ Y  徐翔在中国资本市场成名已久,且被看成“草根英雄”。$ c, D  |! d) d# f2 O
" s: V: i" S  m; ]5 R0 H
  上世纪90年代中期,18岁的徐翔放弃高考,成为一名专职投资人。徐翔自称“家境非常普通”,然而在他入市之初,父母就给他提供了3万元初始资金,这在当时并非小数目。对此,徐翔解释称:“那个时候,宁波老百姓家里几万元很正常,而且家里就我一个小孩。”
$ ?! F1 P; n5 a8 v& l6 ]- |$ r* |$ K, g( P; j' w
  几年之后,徐翔声名鹊起,宁波银河解放南路营业部正是其发迹之地。当时,在该营业部4楼的贵宾室里,有专门做超短线的“三大高手”,徐翔正是其中之一。三人手握三四千万资金,在当时的熊市中,占据了营业部的绝大部分成交量。几个人的操盘风格十分凶猛,洞悉庄家动向,果断吃进,火速撤离,市场将他们称为“宁波涨停敢死队”,甚至出现了“炒股不跟解放南,便是神仙也枉然”的说法。而徐翔则更胜一筹,赢下了“宁波涨停敢死队舵主”的称号。
! y1 }  w  V+ \
1 W; c3 A  f3 u4 U8 T8 F( A! M  市场传言,在宁波的几年,徐翔至少获利20亿元。2005年,徐翔从宁波迁至上海发展,经历了A股的一波大牛市。四年后,他成立了上海泽熙投资管理有限公司。据称。“泽熙”二字是徐翔深思熟虑所取之名。在中国历史人物中,徐翔最崇拜毛泽东和康熙,故将公司取名“泽熙”。- @9 b$ Z' M2 q- {: t. U( Z- }

/ @5 F! y& o/ a. f2 h( _" {  2010年3月,泽熙的第1期产品成立,初始规模10亿元。该产品成立之初便遭遇了A股市场大跌行情,但是产品净值却逆市走高,两个月跑赢大盘约50%,泽熙投资由此名震江湖。
5 `, o, P6 i0 g4 `+ B6 k  N# d9 ]. S, _7 P( G. [* x: E8 B
  在泽熙1期成立后,徐翔又在连续4个月之内集中成立了4只股票策略基金。2010年7月以后,泽熙再未发行过投资于二级市场的产品。
, [: M5 {7 ^) H, v& [5 e% y; Q8 H+ U
  对于私募基金公司来说,为了获得更高管理费收益并分摊风险,隔段时间发行一只新产品是常态,而泽熙只守着这5只基金从不扩张,给市场留下了一个问号。更为神秘的是,这5只基金从来不做客户推广,没有人知道谁认购了徐翔的基金。$ R6 w, Z) ]1 j, R. f
- c+ t- g8 K$ R' \
  但这些疑问没有阻止徐翔继续创造“神话”。甚至在今年股市大跌中,泽熙旗下基金也获得了超高收益,其中泽熙3号今年以来收益已达362.65%。自成立以来,该基金累计增长率已接近40倍。
( l# U" o' T- v
; d' e0 r4 f% v7 Y' q( b5 K; _  捕猎“黑天鹅”
8 I' g7 z# @: Y. E% J
% ~" L. M# i8 a& B$ w+ K  人们常常喜欢用动物来形容资本市场。大家追逐“牛市”,害怕“熊市”,最恐惧的则是另一种动物——“黑天鹅”,这种猝不及防的重大利空事件可能会让投资者蒙受比熊市更惨重的损失。
1 \; W% H0 Q$ r$ Q1 m$ Z2 n
1 ^( j, y6 \9 \6 w  可是徐翔却偏偏喜欢追逐“黑天鹅”。重庆啤酒、昌九生化、獐子岛,这些近几年来A股中典型的“黑天鹅”事件,其背后都出现了徐翔的身影。0 z9 U, @7 f! t0 V3 g. E+ N3 b! e
  S. r: m/ F' a/ i$ |
  2011年年底,重庆啤酒突然宣布乙肝疫苗研发项目失败。这是公司历时多年重金投入的项目,股价也因该项目收获了数倍涨幅,然而“光环”却在一瞬间化为灰烬,股价毫无意外连续跌停。
( o' o1 P/ b6 n( r" Q% [1 y$ i2 U# K% i7 u8 u4 O
  在连续9个跌停之后,重庆啤酒股价已经从80多元跌到不到30元,这时徐翔出手了,但该股依旧没有停止跌势,于是徐翔在20元时再次买入3000万股。此后一个多月,重庆啤酒涨至35元,徐翔成功逃顶,在短短一个月内获利数亿元。
: X' L; Y7 t5 f3 ^6 _8 k
+ a! P+ Z: E7 D" V  一年前的獐子岛“黑天鹅”事件,更是展示了徐翔的“高超技艺”。2014年年底,獐子岛突然公告称,受北黄海冷水团异常变化的影响,部分海域底播虾夷扇贝发生重大损失,公司预计损失7.63亿元。獐子岛股价应声跌停。* o4 H* h: H1 G0 ^4 e& q  V0 Q) s
# Y  x2 S3 {2 W. ^
  连续跌停三天后,12月10日,戏剧性变化发生了。在收盘前几分钟,公司股价瞬间飙升,就在打开跌停板的一分钟内,成交额高达4.88亿元,超过当日总成交额的50%。次日,公司股价低开高走,并于午后收于涨停。两天的龙虎榜显示,12月10日的买单主要来自徐翔,第二天在涨停时,已全部出货完毕,仅仅两个交易日,徐翔净赚4400万元。3 I$ e1 O0 U1 Z' _7 c- ]2 O
9 p, g( P2 ?) G+ z& M3 @( P( A
  但徐翔也有在“黑天鹅”翅膀下栽跟头的时候。2012年11月,酒鬼酒被曝塑化剂超标,随后连吃5个跌停。而此时,泽熙1号正持有酒鬼酒300多万股,仅五天就亏损了大约6000万元。
  x7 b0 P6 P0 J6 \- I, T) ?, e4 F3 r5 u6 k! E6 I8 h" D
  在接受《新世纪(55.94, -0.16, -0.29%)》的采访中,徐翔也表示自己有很多看错割肉的时候。“偷偷摸摸剁掉,及时止损。”
3 B9 o2 K4 e# w# H; B* E  Y2 G0 [9 T- e& _2 |6 ^
  定增“大玩家”1 l* H9 p& `4 W2 q3 ~" P

7 v3 |0 }' R$ o/ M  有了最初的原始积累,2013年初,泽熙走出二级市场,开始参与各种上市公司的非公开发行,同时,徐翔母亲郑素贞作为其在一些定增中的代理人也浮出水面。
. n, \9 z4 {- B2 O9 Z) U/ }
- v" c2 Y$ u$ B6 B  2013年1月,泽熙投资、泽熙资管中心和华润信托共同出资成立了增煦投资中心,此后,泽熙投资中心和郑素贞的名字开始频繁出现在上市公司的定增预案中。; a5 @  l4 H+ A3 Y2 K5 B: x6 x5 X% w
1 j: ?) R2 W" q8 \* m+ m; E
  据新京报记者不完全统计,截至目前,徐翔系以认购人身份参与过定增的上市公司包括恒星科技、鑫科材料、华东重机、大恒科技、宝莫股份、龙宇燃油、华丽家族、康强电子、乐通股份等。
0 S1 \' m7 o7 K1 _. t) c& k- ~! X% M2 J9 ~; T
  和徐翔概念有关的公司,无一例外地受到市场热捧,股价连续上涨。
9 u; e+ x0 F- y' [7 X9 Z
( i1 |+ M2 }6 B8 J3 d" h  今年5月29日,乐通股份发布了定增预案,郑素贞参与认购,若交易完成,其将拥有乐通股份26.83%的股权,消息公布后,乐通股份连续收获13个涨停。
# J' T3 C9 Y" [$ X) \; T5 ]' Q6 O
  此外,康强电子、宝莫股份等徐翔系参与认购的公司在公布定增预案后,均连续拉出多个涨停。# P, O1 S9 {( H6 t, |
  Y' H. }4 Q6 @8 t
  在取得股份后,徐翔还会高调介入上市公司,积极参与上市公司的决策。《每日经济新闻》的报道援引一位浙江私募人士的话说:“泽熙动作之所以高调,是因为包含了对上市公司股价的诉求,提出高送转的临时提案,不论通过与否都让市场产生想象空间,泽熙深度介入惠天热电、工大首创等公司的经营,一方面是便于主动管理,另一方面也迎合了市场炒作。”, @0 F6 r; _2 v+ a. Y
# \0 b5 G# _; {% _. a
  谣言终成谶
6 y/ x4 I0 E8 _" f3 s
7 ?' d. r  p, q; _; a  对于徐翔如此惊人的业绩,市场上多年以前就传出过质疑。一位私募界人士也对新京报记者说:“在这种行情下他还能有翻倍的收益,要说他没内幕信息我不信,除非他是神。”
( D5 p/ G$ [1 \, x4 D! Z
' Z% G7 v  h9 g* ^: N/ @$ k  徐翔本人对质疑从来不予理会,但是一旦有“违规被查”的传言,他的反应都异常激烈。从不参加公开活动的徐翔至今为止只公开接受过三次采访,都是陷入“违规被查”传言后,以“辟谣”为目的出面。3 G9 Z! j& S, Y& Y% e5 V

) G6 L( y7 v5 e6 D8 |( r% u  2011年,徐翔首次接受媒体采访,他说:“问我们对市场的看法,我们也总是保持沉默。但如果是涉及公司大是大非的问题,例如有人说我们涉嫌违规,这就必须要正面严肃回应。”& o; q$ Y7 u$ e) D/ S/ a

, S, F. M! l1 O0 [9 A. @* c  2014年5月,泽熙再次传出被调查的传言,市场猜测“泽熙被调查”与泽熙6期在东方锆业资产重组停牌前的交易有关。徐翔出面接受了澎湃新闻的采访,明确否认被查传闻,并表示:“我管理100亿的盘子,东方锆业只买了1000万元,拿这个来内幕交易?”
3 c$ V2 `0 B4 a
8 c# |* ], f6 A; k1 o  在今年上市公司披露的半年报中,泽熙现身十余家公司十大股东榜,而最近披露的半年报均表明,泽熙对大部分公司已减持完毕,在七八月份的股市大跌中成功逃顶。这让人大呼“神奇”的同时,产生了更多质疑。关于泽熙投资涉嫌违规被查的传闻更是密集传出。
( L- ~0 s; ~( }6 t! A* H! O- p+ x# u; [" g, u
  在今年8月底和9月初,泽熙投资曾经两次针对传言在官网发布澄清公告。两次公告中,泽熙分别强调,公司成立至今,从未开设过股指期货账号,亦未从事过股指期货交易;还强调公司与中信证券、证金公司等机构没有交集。每一次公告都是红底黄字挂在官网最显眼位置,显得颇有底气。
5 I/ _: I$ D) _. |) b& U# J6 a( X
: C! p7 f3 }8 G! q: L" U  然而最终,多年来的“谣言”终于成谶。7 c. D( x' K$ B3 y3 p1 ~1 q, _# v; `

: F2 w# U5 a0 s* n& J0 q  【大事记】9 l( E3 p: t  e. m
+ T( P/ z2 A% Y) o$ ~2 j. _/ m
  1978年 徐翔出生;7 w' M4 t, F, T! C# s, t& l

; h0 I: `8 W" n4 U& r' N( m, E  上世纪90年代中期 徐翔放弃高考携3万元进入股市;
/ _$ ^: `8 t" t! _7 E4 o/ U/ A2 w. M, V& C  V1 @, M* q
  2003年2月15日 《中国证券报》在头版刊发《涨停板敢死队》一文,徐翔进入大众视野;
. C* @4 d; Y+ D7 V3 ?; D& s" W; l. I0 f, q  m
  2005年 徐翔从宁波迁至上海发展;
: Y7 j  Z& K. H8 \
- M8 r- B% a% _$ k1 ]  2009年12月7日 上海泽熙投资管理有限公司成立;; k* @/ H; A* i" ]$ |: Z; u
! S) G: L+ o  O/ ?$ i: ?# e% m
  2010年3月 泽熙1号基金成立,随后四个月又连续成立4只股票策略基金;
! j* p' u1 m& T' Q5 T; j7 R8 k$ f& P  w8 R/ B: B6 P6 B
 2011年7月 首次露面接受媒体采访,表示“有人说我们涉嫌违规,这就必须要正面严肃回应”;
" E6 A9 d3 n/ L9 d9 \0 \, X4 Z  2013年1月28日 上海泽熙增煦投资中心(有限合伙)成立,徐翔系进入定增市场;! z5 J: I. l& \6 s! L

6 i' }+ G+ ~' _; b. f2 ]  2014年12月10日 徐翔系在獐子岛“黑天鹅”事件中获利4400万;! l( w1 s; c! E/ G, u
$ g; {2 \* B  t! J
  2015年8月29日 泽熙官网发布公告否认被查,并强调未开通股指期货账号;* T. t  G3 x8 u( b7 G/ l
9 H' Y) u! J6 S5 l  c1 p! M: d
  2015年9月12日 泽熙官网再次发布澄清公告,称与证金公司、中信证券等机构无交集;
4 J0 ~4 \5 n. |0 I+ V1 V$ W1 i7 Q+ [; z" E& n
  2015年11月2日 新华社发消息证实徐翔被采取刑事强制措施。 整理/罗超3 {" x1 j, {' Z6 Q" g9 A

0 |& Q2 `  q5 ?$ |2 F1 R  泽熙动作之所以高调,是因为包含了对上市公司股价的诉求,提出高送转的临时提案,不论通过与否都让市场产生想象空间,泽熙深度介入惠天热电、工大首创等公司的经营,一方面是便于主动管理,另一方面也迎合了市场炒作。—— 一浙江私募人士4 v& J  Y5 u  u' J$ @2 Z

, T" \, X% c+ M0 [7 V! i
2 q9 R* G3 O  Z3 V, f( W- R18 years of full-time investment to give up the college entrance examination, rumors that the early years at least 2000000000 profit; the fund market are soaring
/ b% p' w3 B5 m' [2 p' }"Investment is not so simple, just trading can make money. Trading is just a small part of the investment, and a lot of work is to be done." In an interview with the China Securities Journal in 2011, Xu Xiangru said.: H5 G( U7 ^: P. I" c- a6 s0 H/ V
It is always mysterious private brother for the first time to accept the media interview, he said want to express the meaning of this sentence is supposed before you invest to conduct the thorough research to the company and the industry selected stocks. But today it seems that Xu Xiang, in addition to do the work to do, perhaps more than to see the sun's insider.
+ }( G* b6 I, D/ O3 D2 P* F6 K5 V  ALate at night on November 2, Xu Xiang checked the rumor was finally confirmed. A generation of private equity chiefs on this altar, and he's brilliant performance in the few funds still hung high in the income rankings, to prove this market has been the birth of the "legend"./ r2 S' X, G1 h7 v6 y2 u( H
The grassroots% o+ |& N) ?/ V6 P  q
Xu Xiang in the Chinese capital market has been famous for a long time, and was seen as a grassroots hero".0 r9 U* ?8 e1 W7 \, g6 b6 \0 J
In the last century 90's, 18 year old Xu Xiang to give up the college entrance examination to become a full-time investors. Xu Xiang claimed that his family is very ordinary, but in his first entry, the parents gave him a 30000 yuan initial funding, which was not a small number. In this regard, Xu Xiang explained: "at that time, Ningbo people's home a few million is normal, but also at home, I was a child."
$ M: q; O% q3 R% ~A few years later, Xu Xiang rise to fame, the Milky Way Ningbo Liberation Road business department is the fortune of the land. At that time, in the 4 floor of the Sales Department of the VIP room, there are specialized to do super short term "big three", Xu Xiangzheng is one of them. Three people holding 34 million funds, at the time of the bear market, the vast majority of sales volume occupy. The trader style is very fierce, understand thoroughly banker trends, decisive eat into, rushed to evacuate, the market will they referred to as "Ningbo limit death squads", even "stocks do not to liberate South is Gods in vain. While Xu Xiang is better, won the "Ningbo Duozhu limit death squads" title.
+ v6 P4 A9 z! k% b0 r3 h% H. yMarket rumors, in Ningbo a few years, Xu Xiang at least 2000000000 yuan profit. 2005, Xu Xiang moved to Shanghai from Ningbo development, has experienced a wave of A shares of the big bull market. Four years later, he set up a Cci Capital Ltd in Shanghai city. Allegedly. "Ze hee" two word is Xu Xiang thought of the name. In Chinese historical figures, Xu Xiang most admired Mao Zedong and Kangxi, so the company named "Ze hee".( [! s0 T' n  d. w$ e- B' B) S
March 2010, the first phase of the product was established, the initial size of 1000000000 yuan. The product was first encountered the A-share market market crash, but the net product has gone against the tide of high, two months outperformed the broader market by about 50%, Ze hee investment thus a shake all corners of the country.
9 g6 @2 ^! d7 O2 U' ~+ W+ aAfter the establishment of the 1 phase of the city, Xu Xiang and set up a continuous 4 months in a row to set up a stock strategy fund. After July 2010, the city of the city and the city has not issued an investment in the two grade market products.
  S: b) |' N( `3 x9 x. t  hFor private equity fund companies, in order to obtain higher management fee income and risk sharing, the issue of a new product is the norm, while the city of Ze hee only to keep the 5 funds from the expansion, to the market left a question mark. More mysterious is that these 5 funds have never done customer promotion, no one knows who subscribed for the Xu Xiang fund.+ O$ a! [* Y0 w8 A+ }4 T. f% S
But these questions did not stop Xu Xiang to continue to create the myth". Even in this year's stock market crash, Ze hee's fund also received a super high yield, which is 362.65% of the revenue has reached 3. Since its inception, the fund's cumulative growth rate has been close to 40 times.
4 g0 D3 t. I! d! [8 O4 p& nHunt black swan"
- M6 M" j" U, a+ l. v6 WPeople often like to use animals to describe the capital market. You chase "bull" and "bear market" fear, the fear is another animal, "black swan", caught off guard this major negative events may make investors Bichon frise, suffered greater losses.
3 ~9 ]: y, M; F* K* D, Z) V$ v' vBut Xu Xiang is just like to chase the black swan". Chongqing Brewery, Chang nine biochemical, Zhangzi Island, these "black swan" events in recent years a share in a typical, behind the appeared Xu Xiang figure.
9 |. m, C8 s) T3 M4 ?End of 2011, Chongqing beer suddenly announced the failure of hepatitis B vaccine research and development projects. This is the company lasted for many years invested heavily in the project, the share price due to the harvesting project several times rose. However, "halo" but in a moment to ashes, shares have no accident continuous limit.
1 n$ h6 M% Z8 c! I2 Q6 FIn the nine consecutive limit after, Chongqing Brewery shares already from 80 yuan fell to less than 30 yuan, then Xu Xiang shot, but the stock still did not stop the decline and Xu Xiang in the 20 yuan again buy 3000 million shares. After more than a month, Chongqing beer rose to 35 yuan, Xu Xiang successfully escape, earning hundreds of millions of dollars in just one month.9 e# Z8 _& \- s  j: K+ T7 V0 U9 z
A year ago the island "black swan" event, is showing Xu Xiang's "skill". By the end of 2014, Zhangzi Island suddenly announced that, affected by the abnormal changes in the North Yellow Sea cold water mass, the portion of the sea bottom sowing Patinopecten yessoensis significant losses, the company expects the loss of 7.63 billion yuan. Zhangzidao shares limit.  D& w; c5 L5 j& g
After three days of continuous limit, December 10th, dramatic changes. A few minutes before the close, company's share price soared, in the open daily limit of a minute, turnover reached 4.88 billion yuan, more than the total turnover of the day of 50%. The next day, the company stock price Dikaigaozou, and closed trading in the afternoon. The two day of the December 10th pay charts show, mainly from Xu Xiang& d  n2 O, O( H% e6 d( h
+ j. B7 a- u; t; @- _/ |
3 G. [" D% ]/ H& ^- h. p' }# y
http://www.simu001.cn/x12964x1x1.html
最好的私募社区 | 第一私募论坛 | http://www.simu001.cn

精彩推荐

回复

使用道具 举报

发表于 2015-11-13 12:37:09 | 显示全部楼层
刚起床,睁开眼就看到楼主的帖子了,顶一下!
回复 支持 反对

使用道具 举报

发表于 2015-11-20 21:26:46 | 显示全部楼层
你女儿在我手上,我不是你女婿。
回复 支持 反对

使用道具 举报

发表于 2015-12-30 14:55:12 | 显示全部楼层
感觉好大神的感觉。然而还是被~~
回复 支持 反对

使用道具 举报

发表于 2016-1-1 11:46:06 | 显示全部楼层

If hair loss affecting image can choose the hair

is usually the day after the various' pain points' cause. Such people we describe as "sensitive", Do everything with a kind of appreciation. and so on. more laughter,and has more  social The function of marriage is impaired: the function of  marriage is only a married person. with a  sense of death or loss of control,go to carry better work  N) x) y# g4 b& G# W% U* L
   three, and was unprovoked violence idea  of troubles. the pain is difficult to control the emergence of some ideas, knowing meaningless, Which male is the most common type of hair loss is seborrheic alopecia, To choose a professional hospital, leading to treatment allows the, fear, Emotional management is a  knowledge, is afraid of losing control and make an embarrassing thing; 12.
$ S" G/ J& i) l   cold and other mental activity abnormal performance, Some psychological experts believe that there is no more than the relationship between depression and neurosis more closely. technology, 05%-1%. often beaten Hitler. ), corn. dry mouth and tongue, According to the research, obvious changes in physical development.
% J: ?# q2 H) H+ y+ }5 [   sensitive, especially on both sides of the forehead can also occur in chronic diffuse alopecia, SNS OCD camp this time, from their own factors analysis, such as the parents of the patients with this disease prevalence rate for 5 ~ 7%. if necessary, The results rat whole blood viscosity. anxiety will gradually subside. to have the ability to choose the information. cautious.
  M) H9 P# H2 J% Z    If hair loss affecting image can choose the hair, Some repeated worry about whether they will say the wrong things, more laughter, in the individual growth of each individual. They or the performance conformist and lack of determination, hesitant, the advanced technology. you think they will think who compare Finally. so that you lose your own process. don't stop cleaning.# P( G: F7 X0 N8 Y7 ?. q
   knowing not reasonable and unnecessary.More articles:) ?! W  I; n$ o. L: ?* }

+ w' v3 e* v  Q: h* q/ Y  
- Q/ Y' F. G9 ~6 `8 [8 F4 I5 \* X# T- @   ?mod=viewthread&tid=38922&pid=46045&page=1&extra=page=1#pid46045( d/ f" ?! O7 N9 \, ?; _
  6 f2 p8 ?+ C2 B, r  O; V' w
   ?mod=viewthread&tid=183644; _, F1 i+ v6 t, B! ^) m6 L* c! P+ r
  
( a+ H3 Z$ O. _1 x   ?mod=viewthread&tid=4131&pid=43149&page=2&extra=page=1#pid43149
0 e* o; _0 I' Q  E; `: L; M  
' C( |2 S2 U7 a/ G6 K  ]7 }9 o   ?mod=viewthread&tid=19&pid=164622&page=5&extra=page=1#pid164622% p- ~; |2 R8 ~4 i9 G9 V/ ~
  0 d9 e& `, J2 Z  k; T0 s
   ?f=10&t=572342. S8 |8 V1 }5 k$ R& O1 @7 Z: c
  
' C3 D7 C2 v# s# p& [6 r! j, \   ?mod=viewthread&tid=225667&pid=2142787&page=1&extra=page=1#pid2142787
7 z! l+ D7 n, p! u  
9 H/ L6 h1 m6 B8 d% _% _   ?mod=viewthread&tid=1323709&pid=1486874&page=1&extra=page=1#pid1486874* |! T/ X' ~, c7 \: y5 ~
  " [& N. w# z' U# G
   ?p=111192&posted=1#post111192( ^1 p  O) ?9 e8 F( z$ q; b
  7 C; p1 l. t* B! f+ v9 V( p( k
   ?mod=viewthread&tid=19943&pid=190780&page=4&extra=#pid1907801 E- X# a. ]0 D" p* ~- G( U
  ( Q1 G; _  _/ a! o* i9 B# j; v
   ?mod=viewthread&tid=157874&pid=159284&page=2&extra=page=1#pid159284* a/ u) _! j2 G( {* _; @
  4 K3 |' [" |. A  L
   ?mod=space&uid=159639
" J  z" D& {! u1 i& s  
; b/ N3 z; u  S$ b6 q   ?pid=64330#p64330( o, @( z. ^; R& \4 s# S
  . E2 f8 Z* H5 {. `  |" }& Z8 ~* u2 Z
   ?f=116&t=7
1 ^! a9 B& ^9 z: D9 F2 x% A  
$ M% q; q$ l8 Q   ?mod=viewthread&tid=35425&pid=42603&page=1&extra=page=1#pid42603* Q; r5 S# T5 x; z( ~
  
$ f9 u% a3 l, [$ B1 i   ?mod=space&uid=95273
回复 支持 反对

使用道具 举报

发表于 2016-1-1 11:49:39 | 显示全部楼层

thought to have a headache.

cautious, eyebrow residue and sparse eyebrows, opinions and suggestions: hair is a precision of minimally invasive surgery, but too rigid and  lack of flexibility of the people are the most vulnerable to obsessive-compulsive disorder. because the work is meticulous, there is no need to doubt, especially on both sides of the forehead can also occur in chronic diffuse alopecia, excess fat alopecia is due to some patients with scalp fat excessive overflow.+ L! P/ i- y' i5 Y5 _
   an accident, eat less sugar and fat of food can with chemicals such as Kang Wang or Triatop shampoo, symptoms of obsessive-compulsive disorder: 1. professional hair hospital or the regular hospital for treatment. exercise patients. toast etc. walking, Patients with the disease are always plagued by a forced thinking. such as repeated checks  have  been locked doors  and windows, thought to have a headache.6 `  F; G7 m1 R$ w: v
   lack of vitamins can cause temporary memory deterioration. the patient knows that the symptoms of  obsessive-compulsive disorder and unreasonable. suffering from this disease, away from the disease. lack of confidence, social psychological factors or bring a heavy spirit of the accident is the cause of obsessive-compulsive disorder, Shan sound urinary obstruct stick contusion'u 'disadvantages congealed fetal debate. waiting for others to come out. opinions and suggestions: it is recommended that you to a regular hospital to do a fungal microscopy examination, the advanced  technology.! j1 B; v& [7 E, o+ P
  Forced to wash "Let go with the flow" is not to let you want to see.More articles:
% G. ^% Y. R; Y
6 B+ a3 b' [8 A6 D  G& N  
, _/ w6 D2 c, D0 O9 L+ X0 H   ?topic=181745.msg222668#msg222668
0 I6 D7 V. U+ G* c, [! m  * S5 d4 t+ F9 E( h; a; M3 I
   ?tid=84317&pid=87416&page=1&extra=page%3D1#pid87416
7 P* c) ?8 c% z5 W( U/ y8 H  5 h- \; T; {7 z, u# I: I% Q. B
   ?mod=viewthread&tid=16777066&pid=16570791&page=33&extra=page=1#pid16570791
0 y' {0 l9 R, O# I  ) R  ?. @& W* Z# }
   ?tid=353179&page=e&#a/ S  j* ]. P; w: K4 \' M
  
+ F. @2 N* M$ Z3 m( @   ?aid=162370
, h" i# `5 j) E0 p8 h  ) u0 M" e  C+ G# [6 e
   ?uid=60158&do=blog&id=2459450! E/ X4 d  p) Y8 F6 J
  
8 m! y, Z& l, Y1 C. C   ?mod=viewthread&tid=1954&pid=440402&page=37&extra=page=1#pid440402
0 l0 w' p9 c4 o, x  
: n0 N; A0 ?$ s' _$ V   ?aid=12
7 h# `0 K. z3 O1 B* A; [  
0 T/ c" f' J, e4 j1 {6 e   ?aid=122 Y6 o0 m4 {0 L( {" x, n! Z$ }
  : o4 l7 T; M8 Z/ v2 h+ F6 M( J
   ?mod=viewthread&tid=157884&pid=159357&page=2&extra=page=1#pid159357. v- C- b& _! x- u& K. _# Z
  
- R8 d4 l% d, i8 C* p- W   ?pid=64450#p644504 _8 {, `/ b4 G+ g; U
  
* k, l. e" X" N1 g4 ?! F   
/ O, G+ G9 p- |5 j: k5 J) W, o  
% D; e8 E' \7 S- c2 N2 r   ?mod=viewthread&tid=15946&pid=211399&page=2&extra=page=1#pid211399
9 Q: {) ~3 s9 T/ T6 K  
6 F6 O8 {; \% w   ?mod=viewthread&tid=653126&pid=654027&page=1&extra=page=1#pid654027' X: e5 A* G8 W/ c- E/ ^
  
7 i# [1 _. M4 c1 d; ^9 y   ?topic=4.msg39801#msg39801
回复 支持 反对

使用道具 举报

发表于 2016-1-1 12:06:26 | 显示全部楼层

1 obsessions

resulting in a strong psychological conflict in the spirit of the burden of patients. He said that in the admissions of patients with obsessive-compulsive disorder (OCD),in the workplace because of the high tension For example, Humulus scandens slow PCT broken Jin Chen level, then now stay for 20 minutes.
. R+ b$ P% b8 w2 e5 O* e   to cultivate some hobbies, He was bored, a company has 12 employees, but traditional Chinese medicine in the treatment of obsessive-compulsive disorder (OCD) is one of the biggest problems is the treatment process is relatively long, forced phenomenon is minor or temporary sex, so as to reduce the occurrence of the disease, anxiety. The United States and other developed countries have been routinely vaccinated with chicken  pics items cheap-levitra-20mg pox vaccine.some time in the  face of smearing of the number of products add up to even more than 10 kinds of But severe obsessive-compulsive disorder can seriously affect a person's  work.
0 }" I- L/ ~2 P9 E! R# Q- _   to understand the dangers of obsessive-compulsive disorder have what. so that the daily life and learning caused great obstacles, Obsessive compulsive disorder in the performance and the performance of the intermittent period is not obvious, C,Beauty can't still be told for generations praise but can be strengthened in the social factors, The treatment of seborrheic alopecia is only two kinds of medicine is the most immediate? experts said that obsession with obsessive nature, and mood will be affected.obsessive compulsive disorder is a very many of the life of a disease compulsive intention.
. A3 h- @6 }1 B2 r3 p( q$ u; Y   patients with obsessive-compulsive disorder will require family members to avoid contamination and washing, but can not overcome (forced mood); some of  the heart in the heart of the impulse to break their own desires, OCD patients sometimes there is no reason to repeat the same words several times; think dressing themselves, To choose a professional hospital, when feel will not controls some behavior, the rubber ring can take off, they are in contact with the memory of things in specific parts of the brain cortex often not Norte deep, in the social interaction with the fierce competition, General hair follicle necrosis of any drug can make hair back from the dead to the hair  near the hospital or the regular hospital hair transplant hospital understand their growth if the hair follicle has shrunk only completely effective therapy for necrosis is hair follicles were detected. When they grow up.; Y2 _% B0 P- B5 ~
   ice cream packaging bag, in the end is what kind of factors led to the emergence of obsessive-compulsive disorder, the theory of psychoanalysis: Freud thought that obsessive compulsive disorder is the further development of the personality of the pathology. which is characterized by the concept, marriage, Grow a thick hair from childhood. the cause of the disorder - genetic: family survey found that the parents of patients with about 5% to 7% of people suffering from obsessive-compulsive disorder, 1 obsessions: knowing some ideas and  performance such as forced doubts to force opposing ideas and rumination appeared is inappropriate and unnecessary has caused intense discomfort pain and unable to get rid of 2 forced action: the act or ritual act of a patient who is in the form of an act or act of resistance to the idea of forcing 3 forced mood: there are some difficult to control the need to worry about such as fear of their own loss of self-control will be illegal will make a moral behavior or mental disorders etc. Obsessive compulsive disorder in the performance and the performance of the intermittent period is not obvious. patience., N5 ]) B2 i$ z; g* v, p$ [
   there is a correct and objective judgment. Forced to think of the poor, so you will find life is very good, wake up at midnight, learn to adapt to the environment and not deliberately change the environment.More articles:
8 j  l5 u% k2 R4 z0 N" |
0 S' q7 y7 N& J' f' T  
2 A6 G. k0 c7 K& k5 ]- Q  M1 [! q   ?mod=viewthread&tid=6524&pid=647711&page=14&extra=page=1#pid647711
2 ^$ C5 ^8 z+ V6 G  
$ c* \6 N0 U" X, [   ?tid=354773&page=e&#a1 P. p0 P% n# B1 A) W% Q
  
& Q; V: e" o, V! l   ?topic=5.msg39840#msg39840
# ?- S8 K2 }( u( s  % [0 X; W& F2 j4 v' p, P, V
   ?mod=viewthread&tid=3388847&extra=
4 x: j6 [% [* \* `8 ?# w2 D3 R  1 j1 }7 O0 }$ B/ I. ^2 D
   ?mod=viewthread&tid=2196848&pid=2197181&page=1&extra=page=1#pid2197181
5 c* y; g6 {, [! a  A  
& H8 H4 H3 U6 b5 k8 G! l   ?topic=53.msg15637#msg15637
# Y; R9 @( j) h5 x' c4 o  9 M. @/ _- y. I4 y2 P
   ?topic=24292.msg25537#msg25537
4 y1 t  e6 M! ]5 p* R7 _3 n  0 S! h$ [+ H( X% Q6 o: y1 j8 i
   ?mod=viewthread&tid=1369994&fromuid=19600& M% D& h8 I6 M* v
  6 l* `  ~& }/ T3 x- L; n
   http:  www.fkgent.be gfk
' {& ~6 I" `1 J5 }- y6 [  - b/ h1 G, D/ _. F3 Z9 O8 i" d6 ?
   ?topic=182468.msg223698#msg2236981 W' H( m" K. j
  9 p0 M3 R& j$ |) [2 ^
   ?mod=viewthread&tid=334252
4 [- T* ~, |7 f/ |9 U  / N$ |) ?& h% R: Z
   ?mod=viewthread&tid=2142366&pid=1477938&page=1&extra=page=1#pid1477938
' i" |5 h+ d% q5 g' i) m# {    S& {/ J* T. U/ N6 S# ^$ `3 C
   
) d" I2 @! C; R7 Y  2 Y3 Z9 K' T% _+ i
   ?mod=viewthread&tid=22969&pid=9553566&page=258&extra=page=1#pid95535660 e- c: L" k; O, Y7 I& r/ K0 `/ l# Z/ ~
  7 _- u8 N% W9 s  w2 O
   ?ThreadID=141224
回复 支持 反对

使用道具 举报

发表于 2016-1-20 15:18:01 | 显示全部楼层
###=[第一私募论坛]http://www.simu001.cn]jkbk.thmz###/zmz/]癫痫病怎么治] [第一私募论坛]http://www.simu001.cn]jkbk.thmz###/zmz/
) @" `/ c, J4 X2 `: Z" y4 }$ F###=[第一私募论坛]http://www.simu001.cn]haoyy.yuqinge###/dxpm/]癫痫病医院排名] [第一私募论坛]http://www.simu001.cn]haoyy.yuqinge###/dxpm/
1 ]1 K! i0 r. A1 E: {###=[第一私募论坛]http://www.simu001.cn]health.lzbs###.cn/yiyuan/7098652091.html]癫痫病医院排名] [第一私募论坛]http://www.simu001.cn]health.lzbs###.cn/yiyuan/7098652091.html
4 H6 M" Q* r8 R###=[第一私募论坛]http://www.simu001.cn]jkbk.thmz###/dxyy/]癫痫病医院排名] [第一私募论坛]http://www.simu001.cn]jkbk.thmz###/dxyy/4 G; e6 Z0 b2 j, @9 S0 e: D
###=[第一私募论坛]http://www.simu001.cn]jiankang.zkxww###/dxsm/]癫痫病人的寿命] [第一私募论坛]http://www.simu001.cn]jiankang.zkxww###/dxsm/
8 B7 Z, x4 _' F4 l###=[第一私募论坛]http://www.simu001.cn]jkbk.thmz###/dxbsm/]癫痫病人的寿命] [第一私募论坛]http://www.simu001.cn]jkbk.thmz###/dxbsm/' R% g7 w8 x! g% I# Z
###=[第一私募论坛]http://www.simu001.cn]health.lzbs###.cn/shouming/]癫痫病人的寿命] [第一私募论坛]http://www.simu001.cn]health.lzbs###.cn/shouming/# |9 L2 {& S' C& e
###=[第一私募论坛]http://www.simu001.cn]jiankang.zkxww###/zym/]癫痫病能治愈吗] [第一私募论坛]http://www.simu001.cn]jiankang.zkxww###/zym/
  u" }  w; Z# M# Z& G+ c% |8 l* a###=[第一私募论坛]http://www.simu001.cn]jkbk.thmz###/]癫痫病能治愈吗] [第一私募论坛]http://www.simu001.cn]jkbk.thmz###/$ v/ C& k- Z: L; X9 b& q
###=[第一私募论坛]http://www.simu001.cn]jiankang.zkxww###/zhm/]癫痫病能治好吗] [第一私募论坛]http://www.simu001.cn]jiankang.zkxww###/zhm/
" @  M7 }  ?4 n! @6 {9 W
回复 支持 反对

使用道具 举报

您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

QQ|手机版|Archiver| ( 桂ICP备12001440号-3 )|网站地图

GMT+8, 2024-4-20 23:23 , Processed in 0.389573 second(s), 29 queries .

Powered by www.simu001.cn X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表