The investment era of rebirth

Chapter 124 The Seesaw Market Reappears!
"The GEM is going strong!"

When the ChiNext Index broke through 1030 points and almost all the constituent stocks of the ChiNext Index achieved a red-hot rise, someone in Su Yu’s main hot money group said with emotion: "It seems that after a round of sharp decline, the ChiNext will be the future. The consensus of the main line of the market has been strengthened in the market, and the seesaw effect with the Shanghai Stock Exchange Index has also become bigger and bigger.”

"This is normal. With the explosive growth of the smart phone and mobile Internet industries, most of the funds in the field are too stupid if they don't realize this."

"According to this situation, the market hype path in the first half year will be strengthened!"

"Also, I don't know if you've noticed... the buying power and method of the funds entering the GEM today are not quite like retail funds and hot money."

"Indeed, everyone should be the clearest about each other. Looking at Wangsu Technology, LeTV, and Dongfang Fortune, which have relatively large market capitalization and circulation, the capital inflows and buying styles are obviously not the same as It’s the handwriting of hot money, it’s like... the institution has entered the market!"

"Is it the weight mechanism of the main board? No way!"

"What's wrong? The situation of Shanghai being weak and deep being strong has been deduced for half a year, and these guys should have reacted."

"Aren't they looking down on the concept stocks of the GEM? Moreover, the positions of Wangsu Technology and LeTV are not low. Only Dongfang Fortune is still hovering at the bottom and has basically not risen much."

"There are so many institutions in the market, and there are always some mavericks."

"Yesterday, the two markets bottomed out and rebounded violently. There were indeed no areas where funds were focused on attacking. After a few days, the index diverged again, and it finally became clear. Let alone... Today, the ChiNext Index is so much stronger than the Shanghai Index. It is indeed like a main board. Numerous institutions in China are making substantial adjustments to enter the GEM!"

"To be honest, this is indeed a good time to adjust positions and exchange shares."

"After all, compared with the previous month, many core popular stocks, including stocks with performance support such as Netspeed Technology, have indeed returned to relatively low positions."

"Haha... If it's true that the institution is swapping positions and swapping shares to speed up its entry into the GEM, that would be great."

"Okay? What's so good about this!"

"There will be more and more people who enter the market as an anchor for valuation and hype, and believe in the logic of the ChiNext market's future market. This will strengthen the logic of hype. What's wrong?"

"That's right, it seems that Brother Su's second prophecy is also coming true, it's just amazing!"

"A piece of paper is worth ten thousand gold, and I'm talking about Brother Su's analysis article. I don't think it will be a problem to make money in the market in the future if you can thoroughly understand Brother Su's article."

And as discussed in the main hot money group...

At the moment, on various online forums, everyone can see that the growth rate of the ChiNext Index is getting stronger, far exceeding the rebound of the Shanghai Stock Exchange Index, and they are becoming more and more convinced of Su Yu's prediction that "the future market will be on the ChiNext Board". More and more people began to follow the trend and poured into the GEM, began to tout Su Yu's Fortune Road and Fusheng Road seats more enthusiastically, and also began to follow Su Yu's many stocks held by these two seats even more frantically.

And in this case.

At 1:26, the Growth Enterprise Market Index broke through to 3.5% in one breath, reaching above 1040 points.

Among them, Tianyu Information hit the daily limit, and stocks such as Netspeed Technology, LeTV, Oriental Fortune, and Flush rose by about 8%.

"This... this seesaw effect, isn't it too exaggerated?"

Seeing that the growth gap between the ChiNext Index and the Shanghai Stock Exchange Index widened to about 2.7 points, Li Meng found it incredible, and said with some regret: "The sentiment of the ChiNext Market has picked up and the speed of capital inflow is too fast. My judgment this morning, it seems... ...It's a bit immature."

"It's good to understand that I have ignored those factors and aspects!"

Su Yu looked at the two stocks he was operating, both of which had completely sealed the daily limit, his eyes relaxed slightly, and he smiled authentically.

"The stock index has shrunk, but the volume of the ChiNext Index is almost the same as yesterday." Li Meng observed the market and continued, "You said that in the current market, the vast majority of investors are still thinking of a bear market. Even if the central bank releases a lot of good news and good feedback to reach the step of large-scale incremental capital entering the market, it will at least need continuous stimulation of the money-making effect and a long period of time to ferment.”

"So, the volume of the gem referred to can continue to explode..."

"The continuous and strong acceptance of funds basically does not come from off-market funds, but on-site funds."

"This should be the main board's large capital. After the market was forced to reduce its position due to the money shortage crisis, when the crisis passed and it was replenished, did it choose the direction of the ChiNext?"

Seeing that Li Meng had analyzed the key factors of market change, Su Yu nodded with a smile, and said, "That's right, it's the exchange of positions and shares of large funds."

"This is from the fact that the Shanghai Index is completely passively following the Shenzhen Index and the ChiNext."

"And, up to now, the main board market, including 'big finance', 'infrastructure', and 'real estate', the three weighted sectors that rebounded the most yesterday, are still in a state of continuous outflow of funds, which can be seen."

"As for why the GEM has soared, it is still an inside game."

"The seesaw effect of the Shanghai Stock Exchange Index and the Growth Enterprise Market has already explained everything."

"The reason why the rise and fall of the index is not synchronized is because fundamentally, there is not so much continuous incremental funds that can support the market to achieve a general rise."

"And before the market has a sustained profit-making effect, that is, the incremental funds that continue to enter outside the market have not yet undergone a qualitative change, this seesaw market will be the norm for a period of time in the future."

"Looking at the stock index alone, it may not change much, but the individual stocks are very different, right?" Li Meng was silent for a moment during Su Yu's answer, and expressed his opinion, "What you said before is 'light This is what the operation strategy of "big market, heavy individual stocks" originally meant."

Su Yu nodded with a smile and said, "Yes, this is the basic logic of 'light on the broader market and more on individual stocks'."

in transactions and operations.

Only when you understand the basic logic and have this basic logic as the foundation of trading support, then you will not be afraid or confused in the execution of trading strategies.

"Why, I... I feel, I don't seem to understand."

Wang Can's thinking reaction and trading savvy are obviously far behind Li Meng's. For a while, when he heard the conversation between the two, he was completely at a loss.

Seeing his confused eyes, Su Yu chuckled and said, "It doesn't matter if you don't understand. You should carefully review the market step by step, concentrate on watching the market, and understand the abnormal changes in market volume, capital, and time-sharing trends. Record these abnormal changes, think about why first, and then ask me if you don’t understand, or you can ask Li Meng.”

Basically...

Su Yu's expectations for the two are essentially different.

He hopes that Li Meng can finally follow in his footsteps and grow into an outstanding fund manager, who can fight side by side with him in the future, enter the international financial market, and even be able to take charge of the trading department when he is not in the company. Make some important investment decisions.

And for Wang Can.

Su Yu's expectation is to hope that the other party can really learn something and become a backbone trader of the company in the future, helping him to keep an eye on some of the trading teams below.

Of course, in this, there is also the expectation of teaching a man to fish.

If the other party can grow beyond expectations, he will naturally give the other party a heavy responsibility.

After all, no matter how you look at it, Li Meng and Wang Can are the few people in his heart who are worthy of complete trust.

"Oh!" Wang Can responded without showing any discouragement.

In the past two days, after experiencing an epic plunge in the market, under Su Yu's almost hand-in-hand guidance, he felt that he was growing rapidly.

Whether it is the trading mentality, or the growth of trading technology and vision.

It made him feel excited and excited.

Moreover, he also really felt that his insights and techniques in trading are far away from Su Yu and Li Meng, so he naturally has no enthusiasm, and only plans to learn quietly, honestly like a beginner Like a trader, follow Su Yu's instructions.

"Both of you write a detailed review report to me after the market closes!" Su Yu thought for a while and ordered, "At the same time, write down the trading logic of today's intraday operations."

The two of them agreed together, and then...

Everyone turned their attention back to the stock market that was trading.

I saw that the GEM index broke through the 3.5% increase, and the rising slope became steeper and steeper every time. When it quickly broke through from around 1040 points to 1045 points in one fell swoop, it began to show a large volume.

"Funds are advancing to this point, and they are starting to encounter strong selling." Su Yu stared at the trend of the GEM, and in the absence of operational actions, while watching the market, he explained to the two, "Usually at this time, If the price rises too much in a short period of time, and at the same time, it starts to increase in volume and sell-offs intensify, it is the high point in the time-sharing trend, and it is also the selling point in intraday trading."

And with Su Yu's voice.

Next, within two to three minutes, the ChiNext index began to turn around and retreat, and at the same time, the time-sharing energy began to gradually decrease in the index retracement after being enlarged.

"Understood!"

Seeing the index changes, Li Meng paid attention to various indicators and energy, and responded.

"At the same time, when the ChiNext Index encounters huge pressure ahead in a weak market, and the gap between the growth rate of the Shanghai Index is too large, the speculative funds in the market will selectively temporarily stop the profit of the ChiNext, while speculating on the Shanghai Index's supplementary Up." Su Yu continued amidst the changes in the index, "So, under the seesaw effect market, once the main funds in the market find the upward pressure on the index during the short-term pull-up process, they will not attack violently. It is adjusted by the retracement of the index, and then further digests floating chips and consolidates the chip structure, which means that there is no need to worry too much about selling floating chips.”

As the trading time progressed gradually, Su Yu carefully explained the changes in the index.

Finally, when 3 o'clock came, the GEM index retreated from the time-sharing high of 1046.11 points to 1035.31 points, an increase of 2.88%. It closed at 2033.64 points, an increase of 1.01%, and the scissors difference between the two major indexes has narrowed to within 2 points.

In terms of individual stocks, the daily limit of Shanghai Steel Union, the daily limit of Tianyu Information, and the daily limit of Huaqingbao.

Dongfang Fortune, LeTV, Wangsu Technology, Fenda Technology, Flush and other stocks have increased by 6% to 8%. Although there is no daily limit, they are still strong, and funds are also showing a state of substantial inflow.

Moreover, after the two-day rebound after the index plummeted.

The 'Yuhang No. 1' fund, which completed the initial position building, has a net value of over 1.1 and an overall profit of over 10%, which is a good start.

After the market closed, Su Yu continued to give advice to Li Meng and Wang Can in the replay record.

And during this period, he received a call from his sister from Yuzhou, and injected the remaining 600 million idle funds in the bank account into her newly opened securities account through her bank card. Wan, through her sister's securities account, built a warehouse in Ancai Paper Industry, and arranged for the backdoor of Kumho Group.

Then, when the time progressed to 5:[-] pm, the new dragon and tiger list was announced.

Everyone was eagerly waiting to find Yuhang Fortune Road and Yuhang Fusheng Road again on the Dragon and Tiger List, but they saw that these two seats were completely silent today. The GEM constituent stocks on the list surprised everyone.

(End of this chapter)