The investment era of rebirth

Chapter 258 Tombstone Line, Ten Lianyang!
"Okay!" Xu Xiang nodded when he heard Zhou Kan's words, and said, "Let's reduce the position first, and I will talk about the follow-up operation strategy after I think about it."

He couldn't guess Su Yu's operation strategy, so he could only follow his own trading rhythm.

And following his orders...

Within a few minutes, the popular concept stocks related to the main line of 'mobile Internet' and 'smartphone industry chain', which had been booming, had huge orders from the main sellers on the disk, and the rise of each stock, Under the influence of a huge amount of selling orders, it was also stagnant, and began to increase volume and stagflate.

"'Mobile Internet' and 'smartphone industry chain', such as 'mobile games', 'Apple industry chain', 'wearable devices' and many other related concept sectors, today's volume is obviously much larger than before the festival!" At this moment Xie Wanting, who was also observing the market in Yanjing, Anlan Fund, frowned, and reported to the teacher next to him, Zhou Guohua, "Teacher, the stock price seems to be a bit stagnant, which is a sign of loose bargaining chips in the market." Bar?"

Zhou Guohua stared at the market changes in the two cities, pondered for a while, and said: "Today's volume has indeed increased a lot compared to before the holiday, but it is not high volume and stagflation. It remains to be seen. Yes, or other positive factors in the market, the impact on the market is quite large.”

"Plus, today is the first trading day after the festival."

"After the market has been suspended for 9 consecutive days, no matter whether it is buying or selling, it will be a little bit aggressive, which is also normal."

"On the whole, the market sentiment is not bad today. In addition to the two major hotspots of 'mobile Internet' and 'smartphone industry chain', the concept of 'reorganization and backdoor' that has been slightly expressed before has also been hyped again, and the active hype Although the funds have been diverted, the core focus is still on the two main lines of 'mobile Internet' and 'smart phone industry chain'."

"In essence, the areas with the strongest profit-making effect in the current market are still these two main line-related concept sectors."

"As long as the emotion is still there, the trend is still there, and the energy is still there..."

"Then you don't need to worry too much, we can just hold the shares safely."

"It is estimated that after the briefing on October 10, some institutions with very low levels of off-market positions will have to increase their holdings of the core concept stocks of the two main lines of 'mobile Internet' and 'smartphone industry chain' if they want to enter the market. After all... no matter from which aspect you analyze it."

"These two main lines of investment are basically the direction of the market's future outbreak."

"Relevant high-quality chips will only become more and more scarce under the continuous interpretation of the market."

"The teacher is still optimistic about these two directions?" Xie Wanting thought for a while, and asked, "Although the long-term investment logic exists, the short-term expectations have been hyped too much."

"Take the concept sector of 'mobile games' and related core stocks as an example."

"This concept sector has increased by more than 130% this year. For example, Huaqingbao and Changqu Technology have increased by more than 5 times within the year."

"Even if this industry is currently in a state of full-scale explosion, the growth potential is amazing."

"According to the industry's general annual growth rate of about 100%, the current valuation levels of Huaqingbao and Changqu Technology are also quite outrageous."

At the current stage, whether it is Huaqingbao or Changqu Technology.

Its price-to-earnings ratio has been hyped to about 500 times, which can be said to have completely overdrawn its future growth potential.

Of course, according to the market's most optimistic predictions, the stock prices of the two stocks still have the potential to rise, but at least... Xie Wanting thinks that this kind of optimistic prediction, Hua Qingbao and Changqu Technology will use the new Only financial disclosures that exceed market expectations can support and support this optimistic forecast, support the current stock price, and subsequent stock price increases.

"So, what do you think..." Zhou Guohua tilted his head and looked at Xie Wanting with a smile.

Xie Wanting replied firmly: "I think the current concept stocks related to the two main lines of 'mobile Internet' and 'smart phone industry chain' have completely overdrawn their growth potential for at least one or two years in the future, and have become pure stocks. In the game of emotional speculation, even if the long-term investment logic is still there, the stock price will basically reach its peak in the short term.”

"As for the bull market that the market is eagerly anticipating... I believe it will not come that soon!"

"Therefore, the valuation of these concept sectors, and even stocks, cannot be fully valued on the basis of extremely optimistic expectations. We have to... properly reduce our positions."

"Under the support of long-term logic, in an upward trend, for high-quality core stock chips, once the judgment is wrong, it will be difficult to recover the chips after reducing the position." Zhou Guohua smiled after hearing Xie Wanting's judgment, but did not Rebuttal, just reminded, "It's uncomfortable to step into the air, or is it uncomfortable to withdraw with a bargaining chip?"

Xie Wanting thought for a while, and said, "There is no shortage of opportunities in the market. In my opinion, a retracement is more uncomfortable than stepping into the air."

Novices in the market, or investors who value market opportunities very seriously, will find it more uncomfortable to go short than to withdraw. For mature market traders, no matter whether they go short or withdraw, they should actually be treated as ordinary people. The so-called As long as it is a profitable exit, no matter at which stage you exit, it is correct.

Everyone can only earn as much profit as they know.

In addition to cognition, regardless of greed and fear, it is a wrong trading orientation.

"Okay!" Zhou Guohua nodded, "It seems that after communicating with Mr. Su from 'Yuhang Investment', you have matured a lot in terms of trading ideas."

Xie Wanting nodded and said, "Some of his thoughts and ideas really opened my eyes."

"This is a good thing." Zhou Guohua said with a chuckle, "This proves that you have grown and matured, and next...'Jinjin No. After all, you can only find out your own set of operating theories and principles according to your own operating ideas, and then you can find your own sustainable profit path."

"The teacher wants to hand over the 'Enterprise No. 3' fund to me?" Xie Wanting was a little shocked.

Zhou Guohua said with a chuckle: "This fund is not the core main fund of our Anlan Fund. Its scale is only more than 2 million yuan. In my opinion, your thinking, operation logic, and judgment of buying and selling points... are relatively mature. I'm still relieved to let you operate it."

"Practice can bring true knowledge!"

"Wan Ting, if you want to achieve success on the road of trading, you have to figure out your own operating philosophy and system."

"No matter what Chairman Xie thinks of you, I'm still quite optimistic about you based on your long internship and work experience in the company."

Looking at Zhou Guohua's personal thoughts...

Putting aside Xie Wanting's personal background and background, Zhou Guohua felt that his apprentice was still very talented in market transactions.

While the two were talking, the time had already passed 10 o'clock.

The major indexes of the Shanghai Index, Shenzhen Index, and ChiNext Index still maintained an increase of more than 1%, but compared with the highest increase at 9:47, they have fallen back a lot.

In particular, the Growth Enterprise Market Index fell from a maximum of 1.79% to 1.23% within ten minutes.

In addition to the index, individual stocks and sectors.

At the beginning of the session, the two main concept sectors and individual stocks of 'mobile Internet' and 'smartphone industry chain', which were in full swing, have fallen from high levels, and the trend of heavy volume and stagflation; "Restructuring backdoor" related concept sectors and individual stocks still maintain a strong upward momentum. From the perspective of active buying on the market alone, the line of "restructuring backdoor" is comparable to that of "mobile Internet" and "smart phone industry chain". This line is slightly stronger.

But regardless of the specific market differentiation...

On the whole, the market and investment sentiment of the entire market are still hot.

Whether it is trading software, or professional stock discussion communities and forums, the majority of investor groups are still shouting for a bull market and actively increasing their positions. Few people talk about risks at this time.

"It seems that this index really needs ten consecutive suns!"

Facing the investment situation in the market as a whole, which is still extremely hot, discussions in the Yuhang main hot money group where Su Yu is located are also extremely active.

"It's like a bull market overnight! It's really a good time to make money recently."

"On the whole, both the Shanghai Stock Exchange Index and the ChiNext Index have broken through, the moving averages have gone up all the way, the collective divergence, and the Bollinger track has also opened up. Looking back at the market trend in the past few months, it is true that the sharp drop in June is the real market. bottom, and then... will not fall below that position again."

"It feels like the first wave of a bull market!"

"A real bull market? No way! This change is too fast, and although the market has been good in recent months, the index has only rebounded by about 15%."

"But about 15%? Look at the GEM, the GEM index is about to double."

"What's more frightening is the core constituent stocks in the GEM, which belong to the 'mobile Internet' and 'smart phone industry chain', such as LeTV, Huaqingbao, Changqu Technology, Fenda Technology, Netspeed Technology... this one A large number of stocks are really rising non-stop, making new highs every day."

"It's better to act than to be hot-eyed. It's useless to watch!"

"These tickets have been almost dominated by institutions during the pre-holiday scrambling for funds. We go in and speculate. At this time, we can't get too many bargaining chips and can't grasp the initiative. And... Hua Qingbao, Changqu With this level of technology, do you still dare to speculate?"

"There is nothing to be afraid of. The main promotion stage is the most lucrative stage."

"It should be fine to speculate against Mr. Su's 'Wealth Road Concept Stock'."

"Forget it, I'm really afraid of heights, and I don't dare to work with institutions, but... the trend of Xinwei Group has exceeded expectations. Is there anyone who can do it?"

"The 12 boards are indeed beyond expectations, but there is still no volume today, so you can't buy it?"

"The concept of 'backdoor restructuring' can be implemented. The overall market sentiment is good, and the relay should not lose money."

"Fuck..."

Just when everyone in the group was discussing heatedly and was about to continue to hype the market, someone exclaimed: "Look at the stocks of LeTV, Huayi Brothers, Huaqingbao, and Changqu Technology. The selling volume is so large! , the stock price plummeted, is the bargaining chip starting to loosen?"

"Uh... Just now, it was said that the Lord is coming."

"Is this President Su reducing his position and taking profit? There are so many stocks, and several stocks are correlated at the same time. It is not a small main force who is out of the position!"

"It shouldn't be? If President Su goes out of the warehouse with all his strength, the movement should be even bigger than this."

"Yes, according to the position results disclosed by the 'Yuhang No. 1' fund before the festival, Mr. Su's core positions are not limited to these stocks."

"Look at the persistence, first look at the persistence of the other party's selling."

"If the sustainability is not high, the problem is not big. After all, the current market sentiment is good, and the undertaking is also very good. It is easy to digest a wave of diving."

"It seems that there are not many followers, so the problem should not be too big!"

"I can't beat it, everyone... Come in! Make more money while the market is good."

"I traded Zhenghe shares, is anyone following me?"

"While taking advantage of the diving, make a fortune in Huaqingbao, and take the Penguin bus. If you don't believe that its market will stop here, at least you have to touch the 100 yuan mark, right?"

"I have worked in Internet Speed ​​Technology. As a constituent stock of the GEM, the current No. [-] high-priced stock is top-notch in terms of fundamentals, sentiment, and attention. The liquidity is obviously several grades higher than before. The upward trend is also going extremely well, and if you make a vote, you should not lose money."

"It's enough to work on popular stocks. What's the use of analyzing so much?"

"Yes, yes, we are not an organization, we just follow our emotions."

"Huh... this diving was taken back in an instant. Sure enough... the market's acceptance is a bit abnormal. I didn't say it. Today's ten consecutive suns must be right."

Hot money is actively participating in...

At this time, inside the 'Yuhang Investment', in the trading room.

Su Yu, as well as the two trading teams of the entire company, are busy with things that are completely contrary to the mainstream investment thinking and operation thinking in the market.

"Mr. Su, it seems that we are not the only ones who have reduced their positions and taken profits on a large scale in the two main lines of 'mobile Internet' and 'smartphone industry chain'." Li Meng paid attention to the market trends of the stocks supported by the fund. , said, "And the opponent's actions to reduce positions and take profits are much more aggressive than ours."

Su Yu smiled and said: "It's okay, the market sentiment and liquidity at this time can be fully accepted, and the other party...can't affect us for the time being."

"En!" Li Meng nodded.

Continue to work with the traders to reduce positions and take profits in the form of medium and small orders to hang up the main seller, or the main seller at the market price. At the same time, the market price of small orders is to buy the core stocks of the venture capital concept drawn by Su Yu intermittently.

On the whole, their current actions are completely concealed under the torrent of market changes.

Did not attract the attention of any main funds and investors.

And with various institutions, hot money, and retail investors, a large number of investors are either scrambling to raise funds to pursue them, or retreating in a hurry, and are in different operations of reducing positions and taking profits.

11:30, when the market closes at noon.

The stock index rose again to 1.45%, while the growth rate of the ChiNext Index reached almost 2%, and the index reached 1315.19, setting a new annual high.

At noon, during the short break, the market had no obvious positive and negative impacts.

Only one stock named 'Potential Hengxin' issued a positive announcement, indicating that 'its overseas wholly-owned subsidiary Wisdom Petroleum signed a 30-year product sharing contract with Huaguo Offshore Oil Corporation'. It caused a lot of commotion and discussion in the market.

So, in the afternoon, when the market opened at 1 o'clock.

With this check, the stock price soared directly from the price of 8.06 yuan, and within a few seconds, it reached the daily limit without limit, and was instantly sealed by a large order of 10 lots.

Su Yu glanced at the stock called 'Potential Hengxin' and marked it.

Although this check is not in line with his investment and hype logic, the favorable announcement just released by this check is hugely instructive and ignorant. How much benefit can it bring to the main parent company in the future.

This gives the market hazy imagination and huge differences about this stock.

And with these two points...

Even if he doesn't take the first step and participate in the first step, in the follow-up, when the first emotional and bargaining differences appear, there is still huge room for speculation and hype.

There is also the petrochemical sector, which has almost no performance in the year.

For related concept stocks, the chips have been deposited for a long time, and the internal chips are also quite clean. After encountering major benefits, they suddenly ignite. Although they are unpopular, they still have a lot to do.

After thinking about this, Su Yu already had some thoughts in his heart.

I transferred the remaining 2400 million cash in my bank account to 2000 million in my personal securities account, and waited patiently for the first divergence of "potential balance credit".

Immediately afterwards, after briefly paying attention to this stock...

Su Yu set his sights on the hot concept sectors such as 'Mobile Internet', 'Smartphone Industry Chain', 'Reorganization Backdoor', etc., and also monitored the traces of the main capital flow in and out of concept sectors such as 'Venture Capital' and 'Securities' , helping traders to better lighten their positions.

And with his attention.

After the turnover of the entire market quickly exploded to more than 850 billion, it was obvious that there was some lack of succession.

Especially when the time came to 1:30, the several major indexes that were originally excited and vigorous encountered great upward resistance, and another wave of diving began.

Moreover, this wave of diving was not recovered quickly, and some problems occurred in the undertaking.

Later, when the time came to 2 o'clock, more and more investors in the market found that the volume could not be further expanded, and the entire market did experience stagflation due to heavy volume.

Therefore, in the two main market lines of 'mobile Internet' and 'smart phone industry chain' which are extremely profitable.

A huge amount of selling came out once again.

At 2:11, Huaqingbao, whose share price reached 7 yuan after rising to 84%, fell back in a flash, with an amplitude of 5% in 4 minutes, and its full-day turnover further reached a new high, reaching 8.32 million.

At 2:15, Fenda Technology also plunged sharply, falling below the 75 yuan stock price mark.

At 2:17, Netspeed Technology, which has been hailed as the "Dinghai Shenzhen" on the GEM, also suffered a 5000-lot sale with more than 5000 million funds.

At 2:22, LeTV and Huayi Brothers, who had dived wildly in the morning, turned green directly, leaving a very long antenna on the K-line chart.

Of course, during this period, stocks related to the concept of 'restructuring backdoors' remained strong.

Individual stocks that have been attacked by hot money, and even directly closed their daily limit, are still one after another. It seems that hot money regards this line as a hype path for market switching and capital hedging.

At 2:43, after two consecutive violent dives, the ChiNext Index and the Shanghai Stock Exchange Index both returned to their positions at the opening in the morning. The "tombstone line" of the shadow line, that is, there is an obvious top K-line shape.

In the intraday K-line form, it has become a 'tombstone line'.

The technical investors who were on the market and made some profits began to reduce their positions significantly in the last 5 minutes of the late trading.

Finally, when the market closes at 3 o'clock...

The Shanghai designated mark was at 2312.37, up 0.23%; the GEM designated mark was at 1296.54, falling behind the key position of 1300, up 0.36%.

Although the three core indexes, including the Shenzhen Index, finally closed in red.

However, it is shown on the K-line chart that it is indeed an obvious negative line, which failed to achieve the good start and ten consecutive positives that everyone expected.

Moreover, the Growth Enterprise Market refers to the highest increase of 2 points in the intraday, and it fell back in an all-round way. It closed the "tombstone negative line", showing the top trend. field.

After the market closes...

For today's market performance.

The vast number of investors in the market are all sighing, feeling that the seriousness is not as good as expected.

Even the major securities and financial media reported the news of "the market turnover reached another 1100 billion, successfully achieved a good start after the festival and ten consecutive suns", and many market trumpeters tirelessly shouted "the return of the bull market" Waiting for the call, investors who chased into the quilt today can only return the word "hehe".

Afterwards, everyone resumed trading one after another and discovered the culprit that caused the market to drop sharply.

In the afternoon, the two core concept related sectors of 'Mobile Internet' and 'Smartphone Industry Chain', as well as their core concept stocks dived.

And many people know that the core force of these two main lines of holding positions.

It is the 'Fortune Road' that created the myth of wealth this year.

As a result, many people began to speculate whether Fortune Road was reducing its positions, and even the supervisors who held a mobilization meeting during the holidays had many leaders who did not have first-hand information.

At this moment, he is also looking eagerly at the upcoming dragon and tiger list, wanting to see who is not talking about the overall situation.

(End of this chapter)