The investment era of rebirth

Chapter 261 A market that lacks rationality begins!

"The horn of the bull market is sounding, and the superimposed effect of making money is a natural market reaction." Zhou Guohua stood behind Xie Wanting, looked up at the market trend on the big screen in the trading room, and said with a smile, "This is the trend When the market is really rising, both emotions and funds are constantly intensifying, overlapping, making you feel that the market and stock prices can rise to the sky."

"So... the teacher is also bearish?"

Xie Wanting grasped the key information in Zhou Guohua's words and asked with a smile.

Zhou Guohua turned his eyes back from the big screen of the market, glanced at Xie Wanting, smiled, and said: "When the bull market really comes, it is always silent. Before this kind of thing comes, it will come soon." Proclamations made with great fanfare often do not come true, of course... Regarding the current overall market valuation and the sentiment that has obviously picked up, there is no need to be too pessimistic."

"Yeah!" Xie Wanting nodded, "I still believe in the judgment of Mr. Su from 'Yuhang Investment'."

"It seems that you have a very good impression of him!" Zhou Guohua asked.

Xie Wanting replied: "It feels like... I really can't find any shortcomings, and the market insights and logic he said are indeed reasonable."

"But yesterday, there was no such President Su on the list of dragons and tigers." Zhou Guohua said with a smile.

"That doesn't prove anything." Xie Wanting said, "What if...the other party deliberately avoids the Dragon and Tiger List? I heard him say that when investing in our country, we must talk about policies and not contradict the ideas of the regulators. "

Zhou Guohua was shocked when he heard Xie Wanting's words: "He really said that? This guy is only 24 years old, right? He has only a few years of experience in market investment. Can he realize this level?"

"Is there such a saying?" Xie Wanting didn't really believe it.

Zhou Guohua nodded slightly: "This is a potential rule. Otherwise, you think many people say that China is a policy market. How did it come about?"

"Policy market, the direction of investment should closely follow the direction of the policy." Xie Wanting said, "The teacher is not saying that this is because the country has more serious intervention in the market. The inclination of the policy direction usually represents the inclination of the government's investment funds, which means Is there a trend of better expectations in the industry? It seems that it is not a matter of long-short attitude? Does it depend on the attitude of the regulatory direction within the existing rules?

"In a market that is heavily intervened, everything must be considered." Zhou Guohua said, "If you don't follow this rule, many financial celebrities will be ruined! Of course... there are some things that you don't understand now, so naturally you don't understand."

After saying this, Zhou Guohua raised his head again.

However, in the stock market quotations displayed on the big screen, the core popular stocks, such as 'Huaqingbao, Changqu Technology, Fenda Technology, LeTV' and many other stocks, have all recovered yesterday's decline and lost ground, and set a new record. A new high, and the amount of energy is also enlarged simultaneously.

And at the same time...

Driven by these core popular stocks, as well as the main concepts of the two most important GEM constituents, 'Mobile Internet' and 'Smartphone Industry Chain', the GEM Index also hit a new high for the year, and the index rose back to 1320. , an increase of more than 1.75%.

"In addition to the two main lines of 'mobile Internet' and 'smartphone industry chain', the concept of 'restructuring backdoor' is also crazy today!" Xie Wanting paused, and continued, "Xinwei Group's stock has successfully backdoored. After being listed, it was really unexpected to be able to get out of 13 consecutive boards.”

"Focus on momentum when it's rising, and quality when it's falling." Zhou Guohua responded with a smile, "Although the company's domestic business is not very good, its business prospects abroad are still very loud. People's future expectations are very good, so when the market sentiment is high and everyone's risk awareness is gradually decreasing, they will naturally be able to get out of a very high premium space. This check... can be connected to the current level, although it is unexpected, but In the context of the current market situation, it is also reasonable."

"Actually..."

Zhou Guohua paused, and said with a smile: "Wan Ting, have you noticed that the current trend of the entire market is basically based on reality."

"From reality to fiction?" Xie Wanting didn't quite understand.

Zhou Guohua replied: "Just talk about expectations, not actual performance. As long as the logical line of expectations is not broken, then the stock price hype will not end."

"This phenomenon has been like this since the ChiNext board bottomed out and reversed in the first half of the year."

"This is a very important feature of market hype!"

"If this logical line continues and is recognized by more and more funds, even the majority of retail investors in the market agree with this logic, then the subsequent core market conditions in the market will really follow this line. .”

"Isn't this... not good?" Xie Wanting asked.

Zhou Guohua replied: "There is nothing good or bad. The domestic market investment style always goes back and forth. In my opinion, there is no difference between speculation and investment. What I want to say is... If this logic holds , then we can always follow this logic to make the market.”

"Jump out and see..."

"Whether it is the concept of 'mobile Internet', or the concept of 'smartphone industry chain', or the concept of 'restructuring backdoor', as well as the concept of 'Shanghai Free Trade Zone' previously expressed, in fact, it has always followed this logic line walking."

Under Zhou Guohua's guidance, Xie Wanting pondered for a while before her eyes lit up and she said excitedly, "Teacher...that's really the case, and if we look at it this way, we will have a clearer goal in stock selection."

During the continuous discussion between the two, the time passed by 10:25 unknowingly.

At this moment, the growth rate of the ChiNext index stood at 2%, and the index point reached 1325. The core stocks related to the concept of "mobile Internet" and "smart phone industry chain" even went straight to the increase of more than 5%, which was a big impact. Daily limit, the trend of daily limit tide emerges.

As for the concept of 'backdoor restructuring', six daily limit stocks have emerged at this moment.

And except for these three areas.

The concept of the 'Shanghai Free Trade Zone', which has been adjusted for a long time, has also seen many stocks that have reversed and skyrocketed. Even the check for Sanmao in the Shanghai Stock Exchange has encountered a frenzied rush for funds from strong orders. Close the daily limit.

All major concepts are fully displayed, and the mid-cap and small-cap stocks in the two cities are all rising together.

With the passage of time, it has stimulated more and more the nerves of investors in the on-market and off-market markets.

So, at 11:700 in the morning, whether it is hot money, retail investors, or institutional groups, they have become more radical. Stocks with daily limit pulls one after another, and stocks that break new highs are also one after another. It has broken through to [-] billion, which is significantly larger than yesterday and before the holiday.

"The volume of the two markets can be enlarged again, and Huaqingbao and Fenda Technology may have a daily limit!"

Seeing the market trend showing an extremely strong uptrend trend, Li Meng frowned slightly in the trading room of 'Yuhang Investment' at this moment, and reported to Su Yu: "Boss Su... If Hua Qing Baohe Fenda Technology has directly closed the daily limit, and I am afraid that our company's seat on the dragon and tiger list today cannot be hidden."

"Then don't wait for their daily limit, just suppress it." Su Yu said, "Prevent these two stocks from being listed on the Dragon and Tiger List."

At this time, it was the second day when they made the position reduction and profit adjustment, and most of the chips were still in the market, so they could not publicly reveal their seats.

And according to the number of chips their funds hold in these two stocks.

It is possible to suppress the market of these two stocks.

"This morning's market trend, the market sentiment has risen too much." Su Yu continued after ordering, "And the volume has already exploded to the 700 billion mark. If the volume of the two markets can follow up in the afternoon, there is a high probability that there will still be insufficient situations. , the market trend will not be so fierce, we can suppress these two stocks and prevent these two stocks, as well as a few core stocks that we sold on a large scale, from going on the board, which is completely achievable.”

"En!" Li Meng responded and quickly carried out the order.

"At the same time, the concept of 'backdoor reorganization' and the 'Shanghai Free Trade Zone' concept of oversold anti-drawing are already diverting active funds in the market. We are pressing the market, and funds will follow." Su Yu watched the market while analyzing, "The core concept stocks of 'mobile Internet' and 'smartphone industry chain', after such a long period of rising and continuous heavy-scale promotion, the main force of market institutions have fully participated, and the internal bargaining chip composition has long become quite complicated. Coupled with such a high position, hot money will follow up, and the willingness to grab funds to pull the board is not strong. The probability of a big rise is extremely high, but the probability of a daily limit is still very small.”

"Hey...Mr. Su, Dongfang Venture, which we built a warehouse, has a large-scale rush to raise funds." When Su Yu was speaking, Wang Can, who executed the order to build a warehouse, suddenly reported in a hurry, "The stock price of Dongfang Venture is rising in a straight line. There is a tendency to seal the board, shall we... follow?"

Hearing Wang Can's words, Su Yu hurriedly switched the computer interface to the real-time trading panel of Dongfang Ventures, paused, and said in a deep voice: "This check is based on the concept of the 'Shanghai Free Trade Zone' that has oversold and rebounded." , the main force of this stock pulling market should also be doing this line."

"Don't follow suit, just follow the established rhythm and continue to take small orders."

"If we follow up on a large scale at this time and expose our motives, the loss outweighs the gain."

"Okay! Mr. Su." Wang Can responded, and then released his finger from the mouse button, giving up the opportunity of one-click buying, the main buy of a large order at the full market price, and watching the other party keep pulling the market.

Then, about 3 minutes passed.

The stock price of Dongfang Ventures stopped at a rise of about 6.5%, and fell into a turbulent pattern again.

As for the main funds that ignited the market, after seeing that it was pulled up, they did not attract strong follow-up funds to make the market together, so they obviously gave up.

In the end, the time reached 11:30, and the two cities ushered in the noon closing.

I saw that the rise of the Shanghai stock index was fixed at 1.56%, and the growth rate of the ChiNext Index reached 2.43%. Refresh the annual rebound high and the historical high since the index was established.

Plates and individual stocks.

'Mobile Internet', 'Smartphone Industry Chain', 'Restructuring Backdoor', 'Shanghai Free Trade Zone' and other main concept lines have all performed well, and the related core concept stocks have also stepped out of the trend of rising sharply. The number of daily limit stocks in the two cities broke through to 48 in one fell swoop.

Of course, among them, although the core popular stocks such as 'Huaqingbao, Changqu Technology, Fenda Technology, and Netspeed Technology' have also risen in both volume and price, and have set new record highs, there is not a single stock The daily limit, but the gains have been suppressed within the range of 5% to 7%.

However, no one thinks that these stocks are artificially suppressed.

Everyone thought that these tickets, after several times of hype, were not small in terms of circulation and market value, and there was no main force of hot money, so they dared to be the master.

After the market closes, at noon.

In the face of a sharp rise across the board, the market has fully recovered yesterday's lost ground.

Whether it is retail investors chasing after the trend, hot money aggressively making orders, or many institutions that are chasing up positions and robbing high-quality chips in the market, at this moment, they are full of excitement and joy.

After all, as far as the market performance in the morning is concerned, it not only liberated the vast number of investors who chased after high levels yesterday.

Even today's investors who have no brains to catch up, basically no one loses money.

And amidst this surging and joyful market sentiment, the market trend after the market opened in the afternoon was beyond many people's expectations.

I saw, after the market opened at 1 o'clock in the afternoon.

Under the excitement, the major indexes continued to rise for a short period of time before being completely exhausted.

Then, at 1:21, Hua Qingbao, the most popular player in the market, was hit by a large order of 8000 hands in a major fund, and more than [-] million funds fell behind.

The entire market, which was originally extremely excited, seemed to have been poured with a basin of cold water and slowly fell back again.

Then, when the time arrived at 2 o'clock in the afternoon, when the turnover of the two cities broke through the 1000 billion mark again, there was another problem with the market's funding situation, and it was difficult to withstand the selling.

Finally, in the late trading stage, the market still experienced a wave of diving.

It’s just that this wave of diving is obviously much gentler than yesterday’s. The GEM index rose until the close, but it only fell back 0.5 points, closing at a 2.13% increase position, and still realized the reversal of yesterday’s long upper shadow. The trend has kept market investment sentiment, confidence and expectations at a high level.

Of course, when the performance of the index is not bad and the market conditions in the two cities have also remained hot.

After the turnover of the two cities reached 700 billion in the morning, they failed to touch 1200 billion in the end, which still caused hidden worries in many people's hearts.

After the official close...

Faced with the rise of more than 1600 stocks in the market, 64 stocks rose by the daily limit, the ChiNext Index rose by more than 2%, setting a new annual high and achieving a record high, and the Shanghai Stock Exchange Index also rose by more than 1.3%. Analysts from various securities firms gave very positive comments.

And the theory of the bull market is also becoming more and more popular in this soaring environment!

(End of this chapter)