The investment era of rebirth

Chapter 103 Emotional limit, skyrocketing!
At 9:15, the call auction between the two cities began.

Affected by the pullback in the external market on Friday, as well as the fact that the central bank remained unmoved over the weekend, and the funds in the banking industry continued to be tense, the major sectors of the two cities and major funds with heavy positions in heavyweight stocks opened lower by varying degrees. Investment sentiment A downturn as always.

As the core concept leading stock in the two cities, the Shanghai Stock Exchange Steel Union has already achieved eight consecutive boards.

At the moment when its stock price arrived at 9:15, it instantly changed from Friday's closing price of 18.51 yuan to 20.36 yuan, an increase of 10%. 30.54 lots.

"what……"

Seeing such an initial call auction board, Su Yu was surprised, and secretly said: "Let's make a false cover!"

Up to now, the Shanghai Steel Union has gone through eight daily limit boards, and has reached the limit of speculation in the market where the short-term follow-up sentiment cannot increase.

That is to say...

At this time, this stock is already in the category of risk relay.

Su Yu doesn't believe that at this position and at this stage, there will still be short-term main funds in the market, with a capital volume of more than 1000 million, regardless of risks, grabbing orders on the daily limit board.

Sure enough, following his guess...

At 9:16, the more than 8900 orders on the daily limit board of the Shanghai Steel Federation dropped sharply in an instant, and became more than 900 loose orders.

Then, immediately after, the daily limit of the Shanghai Steel Federation opened.

The increase in selling orders and the soaring call auction orders suppressed the stock price down step by step.

At 9:17, the call auction exceeded more than 1200 lots, the stock price went down by 8 points, and the selling orders were greater than the buying orders.

At 9:18, the call auction order increased to about 2700 lots, and the stock price fell to about 6 points under the pressure of continuously increasing selling orders.

And when the time entered 9:19.

Both buying and selling orders began to increase further.

3200 lots, 3800 lots, 4300 lots, 5000 lots...

In just half a minute, the collective bidding order soared from around 2700 to more than 5000.

Then, when the time was getting closer and closer to 9:20, some of the buying orders were withdrawn, and the call auction orders did not change much, but the stock price fell to around 2 points in a flash. Within ten seconds, it fell close to 4 points.

Immediately afterwards, at 9:20, the two cities fell into a real call auction with irrevocable orders.

At this time, the stock price of Shanghai Steel Union has fallen to around 1.8%, and the call auctions have piled up to about 5500 lots.

"The volume can be compared with the call auction stage on Friday, and it has been further expanded."

Su Yu stared at the board of the Shanghai Steel Federation, and secretly said with emotion: "This proves that the funds gathered in this stock are becoming more and more divergent, and the risk awareness is getting stronger and stronger, but... Fortunately, the market as a whole The call auction environment is still not good. Whether it is heavyweight stocks or concept stocks, it is still a weak situation with accelerated decline. The logic of short-term capital relay and hedging has not been broken. From strong to weak."

"and……"

"Starting with a 1.8% increase, it is better to attract more funds to enter the market than to forcefully maintain it at 7 or 8 points, and then suddenly get smashed when 9:24 comes."

And in his contemplation...

At 9:21, the stock price of Steel Union in Shanghai Stock Exchange began to rise gradually with both volume and price rising under the increasingly tight call auction situation in the two cities as a whole.

At 9:22, the stock price of Shanghai Steel Union returned to the range of 3 points.

Moreover, on the disk, the buying order once again dominated, and the call auction order increased to 7600 lots.

At 9:23, the stock price of Shanghai Steel Union continued to rise to a range of 4 points, and the call auction order increased to 8900 lots.

And when the time entered 9:24, the number of call auction matching orders on the disk began to increase rapidly. Within ten seconds, from around 8900 lots, it broke through 1, 1.2, and 1.4 lots...

Finally, when 9:25 came.

The stock price of Shanghai Steel Union was fixed at 19.45 yuan, an increase of 5.09%. A total of 1.53 lots were traded, with a turnover of more than 2970 million, maintaining a strong state.

And other stocks in the two markets except Shanghai Steel Union.

98% of the stock prices opened lower. Among them, the core stocks of the popular concept sectors in the early stage of the GEM continued to make up for their losses. The decline was greater than that of the Shanghai stock index.

As for the 'Big Finance' sector, it remains in a downturn without any improvement.

Seeing the opening of the two markets like this, Su Yu knew that the downturn in the market was still accelerating, and it was still spreading towards the abyss of panic.

Of course, right now.

The ChiNext index has once again fallen within 1020 points, and is about to return to the support range between 1000 points and 1010 points.

If you continue to take advantage of market sentiment, the range will be extremely limited.

"Hey, looking at the situation, the index is about to fall for five consecutive days, and the opening situation is too bad. If I knew it would be cut on Friday, it's really annoying!"

Faced with the opening of the two cities, some people complained in the retail investor group of Su Yu's classmates.

"There hasn't been any bad news recently. The market's going... is really evil."

"I feel like I'm falling into the previous infinite downturn again, and I'm in the trend of new lows every day."

"Is the backlash really over?"

"It should be completely over. After all, the Shanghai Stock Exchange Index has fallen below the 20-day line, and the ChiNext Index is still above the 20-day line. But as long as the Shanghai Index continues to decline, it will be a matter of time before the ChiNext Index falls below the 20-day line. "

"Hey, in this market, I really can't hold out any hope."

"That's right, the loss these days is far greater than the previous week's profit. I thought the market had reversed and increased my position a lot. This time I'm really tired."

"However, let's say the market is weak, it is strange that the Shanghai Steel Federation can still go up."

"That's right, it's all eight consecutive boards, but today, under the collective weakness of the two cities, it can still open higher. It's so strong that it's incomprehensible."

"In our group, Wang Can should make a lot of money, right?"

"Hey, the stocks that are always the least dared to buy, turned out to rise more and more. If I knew it, I would have chased after it two days ago. Not only can I avoid the decline of the market, but I can also make a lot of money."

"It's not too late now..."

"Is it a bit high now? I don't dare to chase."

"I remember you said last Thursday that the risk was too high and you didn't dare to buy it. As a result, the check was followed by two daily limit boards. Believe it or not, it can still rise later?"

"Hey, the more I look at it, the more it rises. I'm both angry and envious."

"Indeed, at first I thought that the check would reach its limit when it reached the height of 5 boards. I didn't expect that it would go up to [-] boards, [-] boards, [-] boards... I refreshed my knowledge again and again, and now you say it can go up a few more boards. I'm afraid no one dares to refute it with absolute certainty, and I even suspect that as long as the market falls like this, and the China Securities Regulatory Commission does not stop, the ticket will double, after all, the market value of this check is not big until now."

"Not to mention, the current circulation is only 10 billion, it is entirely possible."

During the short stoppage time from 9:25 to 9:30, Su Yu roughly flipped through everyone's discussions, did not speak, and just used this to observe changes in market sentiment.

And judging from the point of view discussed in the classmate group just now...

Su Yu already knows that the Shanghai Steel Federation has overturned everyone's cognition by reaching this step.

At this moment, in the entire market, among the huge group of retail investors who pay attention to this stock, even though everyone knows that this stock has a huge potential correction risk, they still can't help but be attracted by its profit-making effect, and continue to carry out high-level relays in an attempt to Avoid market declines.

And under this kind of retail investor sentiment and psychology...

Su Yu guessed that the Shanghai Steel Federation was around the middle of the 5-point increase. After the market opened, it should still be able to change hands violently and tentatively move up.

Of course, the ChiNext index has fallen to the support position where the most chips are gathered after the previous breakthrough.

Coupled with the index five consecutive negative.

The rebound expected by the market, under the extreme emotional suppression, has reached the point where it is on the verge of breaking out.

In this situation, at the height of the nine boards, it is impossible for Su Yu to attract the market's short-term large capital investment and then seal the daily limit.

and so……

No matter how the market changes today.

When the GEM pointed downward and entered the range of 1000 to 1010 again, the market panic broke out again, and it was time for him to resolutely enter the market.

A short period of contemplation, in the last 2 minutes of the official opening of the transaction.

Mr. Qian and Wang Can sent him a private chat message at the same time.

Facing the inquiries from these two people, Su Yu thought about the final stage. With the amount of funds of the two people and the current market liquidity of the Shanghai Steel Federation, there is no need to choose the timing too delicately, so he replied: "Sell it, and I will sell it as well." Ready to play."

And after he finished saying this...

At 9:30, the two cities officially started trading.

Su Yu saw the trading boards of the two cities start to jump, so he couldn't help but quickly closed the chat box, and his eyes once again focused on the board of Shanghai Steel Union.

only see...

The stock price of this stock began to move up rapidly after the opening of the market, and at the same time, the trading volume exploded rapidly. In less than 5 minutes, it increased from nearly 3000 million at the opening to about 9000 million, and the trading volume was extremely active.

Almost at the same time, the Shanghai Stock Exchange Index, the Shenzhen Stock Exchange Index, and the ChiNext Index all fell at the same time.

9点37分，创业板指触及1010点位，且毫无阻碍地跌进了1010到1000点位区间之中。

At this time, Su Yu saw that the stock price of Shanghai Steel Union had broken through above 20 yuan, an increase of more than 8%.

I can't help but start to place orders quickly, and sell 1000 lots, 2000 lots, 3000 lots... without any hesitation, let alone nostalgia.

However, with his sale.

The stock price of Shanghai Steel Union not only did not fall.

Instead, waves of buying orders poured in frantically, and the time-sharing trading volume exploded and then exploded. Within a few minutes, the turnover increased from more than 9000 million to 1.8 million, and it was still expanding wildly.

At 9:42, the ChiNext Index fell to 1006 points, and the decline rapidly expanded to 1.62%. The panic intensified instantly. In the 'big financial' sector, a small-cap agricultural commercial bank directly hit the limit, bringing down the investment sentiment of the entire market and crushing the psychological bottom line of all investors.

And 9:43.

When this kind of extreme plunge in the two cities reappears...

Under the influx of endless short-term chasing funds, the turnover of Shanghai Steel Union exceeded 2.6 million yuan, the turnover rate exceeded 24%, approaching 25%, and the stock price quickly hit the daily limit, reaching a price of 20.36 yuan.

"almost!"

Su Yu looked at the seesaw effect of the Shanghai Steel Federation in the two markets, and it was interpreted to the extreme. He directly cleared his position with one click, and dumped the last 7000 chips in his hand at the limit price.

However, when he smashed out.

There are more than 7000 hands of chips and more than 1400 million funds.

Usually, a huge amount of chips that can smash a tiankeng, on the board of the Shanghai Steel Federation at the moment, it only splashed a little bit of water, and was wiped out by a huge amount of buying in an instant.

At 9:44, after Su Yu cleared the warehouse.

The turnover of the Shanghai Steel Association broke through 3 million, and the turnover rate approached 30%.

Then...

When the entire market opened, the vast retail investor groups who followed the Shanghai Steel Union were excited, and they worshiped this big monster stock in the market that had achieved nine consecutive boards, regarded it as faith, and discussed frantically.

At 9:47, the ChiNext index bottomed out at 1004 points and rose rapidly, and the major oversold popular concept sectors also rebounded simultaneously.

And almost at the same time, the Shanghai Steel Union, which was originally unanimously sealed off the daily limit.

In an instant, there was a huge disagreement, the orders were withdrawn wildly, and the huge amount of sales in the market seemed to be crazy, and they were desperate to sell out.

So far, the Shanghai Steel Union has been closed for less than 3 minutes.

Ushered in a huge number of fried boards, the stock price plummeted from the daily limit price of 20.36 yuan.

(End of this chapter)