The investment era of rebirth

Chapter 176 The adjustment of positions is over, only the east wind is owed!
"Boss Su, something has changed..."

Li Meng stared at the multiple 'Shanghai Free Trade Zone' concept stocks held by the fund, and said pleasantly: "Continuous capital attacks, and attacks on a large scale, basically, all the related concept stocks we hold are now on the market. , there are relatively obvious traces of big money attacks, this should be... the news you mentioned, has it started to spread in the market?"

"I saw it." Su Yu nodded and replied, "The entire Shanghai stock market has a comprehensive financial attack. It seems that there are indeed large funds that have begun to act, but..."

Su Yu stared at the changing disk, took a closer look, paused, and continued: "Judging from the current situation of the entire Shanghai stock market, the focus of capital attacks is actually on the financial stocks in the Shanghai stock market. , did not grasp the essential point, which shows the funds for the attack, I probably heard something, but the news is not exact."

"En!" Li Meng nodded in response, and continued, "Regardless of whether the news is accurate or not, if there are funds coming, it already shows that the line of 'Shanghai Free Trade Zone' you guessed is very likely to exist. Yes, this is good for us, as long as the news continues to spread and ferment, this main line will become more and more obvious."

Ever since the line of fund building has been in ambush for so long without any movement, Li Meng is actually quite skeptical about the investment logic of this line.

Today, the large-scale movement of funds in these stocks has confirmed the logic of this line.

She was naturally very happy.

"Since the news has begun to spread, the logic will not be falsified..."

Su Yu thought for a while, and continued: "Then hurry up and buy, and add all the positions that have been subtracted from the stocks held in the early stage, such as Netspeed Technology, Fenda Technology, Huaqingbao, LeTV, etc., to Lujiazui , Shanghai Stock Exchange, Shanghai-Hong Kong Group, Pudong Jinqiao, Jinjiang Investment... These are the main concept stocks we have drawn up."

"Okay!" Li Meng replied, "There is only the last part of the funds left, so I haven't bought it yet."

Since Su Yu issued the order to take profit and adjust positions for the first time, the entire trading team has been completing this matter in the past few trading days. Now, the concept stocks of 'non-Shanghai Free Trade Zone' in the fund's holdings have been reduced. It is in place, and the opening of the concept stocks of the "Shanghai Free Trade Zone" series is basically completed, and if the funds in the fund account operated by Su Yu are not counted, the current surplus in their hands can be used to open positions. Only 11% of the current net asset value of the entire fund is left, which means that the overall position of the fund has reached about 89%, which is almost full.

As the entire trading group stepped up to adjust positions...

As time passed, the prices of the two markets diverged again, but this time the divergence was in a state where Shanghai was strong and deep was weak.

I saw that the Growth Enterprise Market Index continued to decline step by step under the drag of the continuous adjustment of the concept sectors related to "pan-mobile Internet" and "smart terminal equipment". At 10:12, it fell by more than 1% again; , The financial rebound has been maintained above the red plate.

Moreover, hot spots in the entire market have transitioned from the concepts of "Internet finance", "mobile games", and "wearable devices" that were continuously hyped in the early stage to concepts such as "backdoor restructuring", "4G development", and "beverage manufacturing" , of which the liquor plate and the 'ST shell stock' plate led the two cities.

As for the changed 'Shanghai stock market' related stocks...

Due to the uncertainty of logic and the fact that it was only a very small number of funds that received hazy news, after a wave of synchronous changes, they did not get follow-up from active funds in the entire market, and slowly fell back down. Whether it is the enthusiasm or the number of investors who pay attention, it is far less than the concept of 'restructuring backdoor', '4G development', 'beverage manufacturing' and other concepts that are being sought after by active funds in the market.

Of course, in this sector, Shanghai Steel Union, a leading stock with a core concept that has led the market for more than two months, even though it went out of the sky yesterday, its market attention and trading conditions today are still extremely intense. , is an exception.

After the check was opened sharply lower, it once turned red strongly.

It's just that the sentiment on the GEM is still too bad, and the concepts of 'restructuring backdoor', '4G development', and 'beverage manufacturing' have been ignited by funds, and they have perfectly undertaken the tasks from 'Internet finance', 'mobile games', The funds withdrawn from early core concepts such as 'wearable devices' led to active funds in the entire market, and began to further ebb from these early core concept sectors.

As a result, the Shanghai Steel Union, which became popular for a short time, lost the funds to undertake the active market.

The large-scale rush to get out of the field, or the stop loss order that lost hope, was smashed into the water.

And when the leader of the Shanghai Steel Federation is completely unable to maintain its strength, and the hope of turning around and turning over is becoming more and more slim...

The funds in the "pan-mobile Internet" concept sectors such as "Internet Finance", "Mobile Games" and "Wearable Devices", which are entrenched in high positions, began to collapse further, causing the GEM Index and various sectors in these sectors to collapse. Big core popular stocks also fell further.

Finally, in this case...

At 11:07, the decline of the GEM index quickly expanded to 1.8%, and the decline exceeded 6% in two days. It was completely different from the previous Liu Lianyang trend, which refused to adjust and kept making new highs. Investors are desperate.

At 11:21, the ChiNext Index’s decline expanded to 2%, while the Shanghai Stock Exchange Index was also dragged into the water at this time.

Finally, at 11:30, when the market closes at noon.

The GEM index fell by 2.13%, and the Shanghai stock index fell by 0.78%. The differentiation between the two cities is still quite obvious.

Among them, in the general decline of the two cities, the entire "pan-mobile Internet" concept-related sectors that were the core of the early speculation in the GEM still led the decline today, while the "ST sector" and "baijiu" sectors led the gains , Funds in these two sectors are showing a state of substantial inflow.

And among the core popular stocks with high attention...

The stock price of Shanghai Steel Union fell 6%, with an amplitude of nearly 10% in half a day, and the turnover exceeded 5.3 million; Fenda Technology’s stock price fell by 5%, and it has returned to the lowest position of the two limit-downs under the previous bearish position; Netspeed Technology remained fierce. Among all the core concept hot stocks that have been hyped in the early stage, it has moved the strongest. In the past two days, it has adjusted the least; It looks like it's going to hit the limit in the afternoon.

Overall, active funds in the entire market.

The direction of choice today is to escape from the high-level core hot concept stocks, and to enter the low-level one after another, or it has been adjusted for a long time, and there are active concept stocks with certain expectations in the future.

Of course, compared with the previous active funds in the entire market, the consistency and continuity in attacking the concepts related to 'pan-mobile Internet'.

Today, the scope and direction of various financial attacks are obviously more scattered.

That is to say, the market has temporarily lost its direction after the adjustment of the "pan-mobile Internet", the main line of macro-hype with strong future expectations. There is serious divergence among various funds in the choice of future hype direction, and there is no consensus. Anticipation and direction of attack.

And Su Yu understood...

When the market is in a stock game and the overall investment sentiment is not good.

The active funds in the market, which cannot support the overall market, cannot be used in one place under the divergent expectations, and cannot be forged, and can truly bring out a main line of hype that has a sustainable profit-making effect and can lead the market upward.

In other words, under this kind of market trend and performance, the market will not fare well.

And just as he guessed...

After the emotional fermentation at noon, the market opened at 1 pm.

The two major concept sectors of 'restructuring backdoor' and 'beverage manufacturing', which had already been hyped by funds, led the rise in the two cities, and their sell-offs began to intensify gradually, while the active funds that took the initiative to undertake, but with the passage of trading time , constantly weakening.

At 1:20 p.m., the two conceptual sections began to dive rapidly.

Then, at 1:32.

Short-term investors who are active in the market see that these two conceptual sectors cannot lead the two markets and create a sustained profit-making effect.

One after another began to choose other directions to attack.

However, no matter which concept these active funds choose to promote, they will not be able to gather market sentiment and large-scale capital follow-up effect on a large scale for a while.

So, when the time advances to 2 o'clock, it enters after the end of the day.

Many short-term funds, like headless chickens, have begun to flow back to the core hot stocks and popular concept sectors of the GEM that have plummeted.

only see...

At 2:07, Shanghai Steel Union, which fell nearly 8% to a minimum of 52.55 yuan, ushered in a wave of large-scale fund-hunting, and its stock price rose in a straight line.

At 2:09, Hua Qingbao, who had sealed the limit, opened the limit.

At 2:12, Fenda Technology rebounded from a decline of about 5% and turned red in a straight line.

At 2:15, under the attack of 5 consecutive large orders of 2000 lots, Wangsu Technology continued to rise, with an increase of more than 4%, and hit a record high again extremely strongly, with the stock price reaching 68.76 yuan.

At 2:21, the Shanghai Steel Federation became popular, and funds were active in various markets. After failing to switch between high and low, they had no choice but to return to the original path of speculation.

At 2:26, ​​the ChiNext Index fell back to within 1%, which was on par with the decline in the Prev Index.

At 2:37, concepts such as 'backdoor reorganization', 'beverage manufacturing', and '4G development', which were hot in the morning, fell across the board, and the funds in the sector changed from a state of substantial inflow to an outflow state.

At 2:42, the "Shanghai stock market" local sector, which had changed a wave at the beginning of the morning, changed again, and another wave of large funds entered the bottom-hunting, but the specific direction of its attack was still the financial stocks in the local stocks of the Shanghai stock market. The focus is not on the logistics, ports, infrastructure, business operations, etc. of the local stocks in the Shanghai stock market.

At 2:48, as the financial stocks in the Shanghai stock market continued to surge in volume, the speculation of various funds in the market began to tilt in the positive direction of the entire "big finance". Field' stocks, in late trading, ushered in a lot of rush to raise funds.

Finally, when the market closes at three o'clock.

Thanks to the market reversal in the last hour of the session, the ChiNext Index retreated a lot, and finally fell only 0.76%; the Shanghai Stock Exchange Index fell only 0.54%. The two markets can be regarded as another V-shaped reversal. Intraday form.

And besides the index...

In terms of individual stocks, the Shanghai Steel Union finally closed at a 2.1% increase, with a turnover of 8.6 million, bottoming out and rebounding. It can be regarded as saving the face of some leaders and the emotions of being completely killed yesterday. Investors have raised a glimmer of hope that they will turn back in the future and return to new highs.

Fenda Technology finally closed at a 3.7% increase, but it did not fully cover yesterday's decline.

Wangsu Technology surged more than 7%, and its stock price approached the 70 yuan mark, leading the rise of the core constituent stocks of the entire ChiNext Index, and at the same time, the attention also soared again.

Other pre-popular concept stocks, with declines ranging from 1% to 5%, all showed the shape of bottoming out and rebounding.

As for the performance of individual stocks on the main board, many stocks that were hyped in the morning, including the core liquor concept stocks, all fell back to the original point at the opening of the morning in late trading, trapping a lot of funds chasing at today's high levels.

Generally speaking, today's intraday volatility is relatively small, and the sector with a relatively good profit-making effect.

It is precisely during the whole day that the stocks in the "Shanghai local" sector are ignored by active funds in the entire market and are not considered to have the effect of continuing to make money.

Of course, this sector is hot.

In the end, it was still covered up in the abnormal concept of 'big finance'.

Almost all investors in the market and major funds from all walks of life believe that the main line of capital attacks in the late trading, and the direction of potential positive potential for the weekend, is the direction of "big finance", not the field of "Shanghai local" sector.

After the market closed, retail investors, hot money, and institutions in the market had huge differences in their understanding of today's market trend...

Many people believe that the next main line of market speculation is still on the GEM.

Only the new economic field of the GEM, that is, the related concepts of "Pan Mobile Internet" can gather popularity and continue to lead the market.

And many people believe that compared with the main board, the current valuation of ChiNext has broken through to the height of a bubble, and the short-term increase is huge, so it is impossible to continue to speculate. It must be found only from the undervalued main board, and... only when the valuation and popularity of the main board increase, and the valuation scissors difference between the Shanghai Stock Exchange Index and the ChiNext Board decreases, will it be conducive to the continued strength of the market outlook.

The two viewpoints collide fiercely, and the differences are very obvious.

"Su Yu, what do you think?"

After the closing hours, during the heated discussion among the market investors, Zhao Qiang opened Su Yu's chat box on the chat software and asked, "Do you think the next hype will be on the main board or the GEM?"

In this wave, he followed Su Yu's hype and nearly doubled his profit on the Shanghai Steel Union stock.

Therefore, I admire and appreciate Su Yu in my heart.

"After the sentiment of the hot concept sectors in the early stage of the GEM reached its peak, the current distribution of hot spots in the entire market is quite scattered." Su Yu replied, "According to the current disk analysis, the entire concept of 'pan-mobile Internet' whose sentiment has reached its peak, In the short term, if the bargaining chip structure is not readjusted, it is definitely impossible to speculate upwards, and the entire active capital volume in the current market does not support it, and cannot undertake the entire upward pressure.”

"As for the direction of hype in the market outlook, is it biased towards the main board or the ChiNext..."

"I don't think it matters."

"As long as the next hot spot has sufficient underlying logic, can be unanimously recognized by active funds in the market, and can produce a sustained profit-making effect, then whether it occurs in stocks with the core of the GEM or the stocks with the core of the main board up, all the same."

"That's right!" Zhao Qiang responded, "Just look at the flow of funds and the underlying logic. It doesn't make sense to care about the valuation gap between the main board and the GEM."

"Then it depends on you..."

Zhao Qiang paused, then asked again: "What do you think the next main line of market hype will be? Judging from today's market performance and the direction of various capital attacks, the concept of restructuring backdoors, the concept of 4G development, and some expectations on the main board are good. The concept of a high-performance white horse seems to be unable to gather the centripetal force of active funds in the entire market, and cannot form a consistent main line of hype!"

"What is the next main line? Currently... I can't see it." Su Yu said, "Only when the market opportunity comes, can I perceive it."

"Market opportunity?" Zhao Qiang was taken aback.

"Well." Su Yu replied, "A hype logic that can make the active funds in the market agree. The origin of this logic may be policy news, or a favorable turning point in a certain industry... Anyway, let's see as the market develops. , now in the entire market, the direction of capital attack is very scattered, and it is impossible to form a joint force. The market is not easy to do, and it is the best policy to choose to avoid it for the time being."

"Okay!" Zhao Qiang chuckled, "After hearing what you said, I understand."

"Oh, right……"

Zhao Qiang paused, and then said: "Thanks to you, I made a lot of money this time. Are you really free this weekend? I really want to treat you to dinner."

"In the future!" Su Yu replied, "I have something to do on the weekend."

"That's fine." Seeing that Su Yu refused again, Zhao Qiang didn't continue to press, and said, "Then if you have any troubles, remember to call me. As long as I can solve it, I will settle it for you."

"Okay!" Su Yu smiled, and accepted this friendship.

Afterwards, the two continued to chat for a while, and then went offline.

Su Yu closed the chat box, turned around, glanced at the fund account he was operating, Waigaoqiao, which already held 1.7 million positions, and more than 9000 million cash, and asked Li Meng: "The status of your trading team's position building How, did everything go according to plan?"

Li Meng nodded and said: "It has been completed. The last 1.2 million funds have all been invested in the 6 concept stocks related to the 'Shanghai Free Trade Zone', and the position weight of each stock is completely in accordance with what we have done before. As discussed, now... our fund is already full of positions."

"Okay!" Su Yu nodded slightly, "Then, everything is ready, and the only thing I owe is Dongfeng."

"I just don't know when the east wind will come?" Li Meng replied with a smile.

Su Yu thought carefully about the timing of the implementation of the major economic development policy of the "Shanghai Free Trade Zone" in his mind, and said with a smile: "Soon, the leading insider information troops in the market have begun to flow in, and various These rumors are gradually increasing, which proves that the storm is not far away."

Spring River Plumbing Duck Prophet.

When the 'ducks' in the inside information capital market have started to run, then the pace of 'spring' is really near.

(End of this chapter)