The investment era of rebirth

Chapter 277 The market stops when the market sentiment is crazy!

In the direction of the GEM, the two main concepts of 'mobile Internet' and 'smartphone industry chain', as well as related core stocks, although after continuous adjustments in the past, some funds have begun to buy bottoms and go long today, but the market performance , is still relatively weak.

As for the last few trading days, the related concepts of 'reorganization and backdoor' have been abandoned by funds.

Today remains the weakest area of ​​the market.

In the field of GEM and small and medium-sized boards, only "Internet Finance" stands out, continuing yesterday's strength. Its core concept stocks "Shanghai Steel Union, Huake Financial, Hengsheng Electronics, Flush, Oriental Fortune, Jinzheng Stock" and so on all appeared The trend of opening higher is obvious, and the increase of Shanghai Steel Union is almost higher than the daily limit, and the rush to raise funds is quite intense.

"Active funds in the market are further concentrated in the fields of 'securities and venture capital'!" At 9:21, inside the trading room of Zexi Investment Company in Shanghai, Zhou Kan saw the call auction performance of the market and said with emotion, " Unexpectedly, under the obvious differentiation trend yesterday, the mood and trend quickly turned into the same again."

"Fire cooking oil, quick success!" Xu Xiang smiled amidst Zhou Kan's emotions, and said, "With such rapid emotional progress and forced market pull, the market should not be far from the end."

The 2500 points of the Shanghai Stock Exchange Index is an absolute upward pressure threshold.

Coupled with the growth rate of market turnover, it is obvious that some cannot keep up with the changes in market conditions.

Nowadays, the main funds from all walks of life, as well as market regulators, major brokerage institutions... all kinds of market leading forces, not only did not allow the market to slow down, strengthen the market foundation, and stabilize the internal bargaining chips under extreme emotional conditions. Instead, it aggressively pulls the market, uses extreme emotional changes, frantically consumes active funds in the market, and overdraws the future potential of the market. The market hype brought about by this practice.

It seems ferocious, and the money-making effect is overwhelming, but in fact there is no continuity at all.

"Then we..." Hearing Xu Xiang's words, Zhou Kan paused, and replied, "Should we immediately reduce the position and stop the profit, and change the trading strategy to a fully conservative state?"

Xu Xiang pondered for a moment, then said: "But it's not necessary. After we withdrew from the early popular main line concepts such as 'mobile Internet', 'smartphone industry chain', and 'restructuring backdoor', we have already been far away from the biggest risk point in the market. 'Securities , venture capital' line, although the market has developed very aggressively and sentiment has turned rapidly, but logically speaking, it is still the beneficiary sector of the 'market IPO restart' after all. Even if the market falls after the expected ebb of the bull market, As the market IPO restart turns from a dark line to a bright line..."

"It still has a certain market logic support, and there should be no situation where it will turn around and lose liquidity on the market."

"So, with our chips on this line, there is no need to rush to take profit and get out."

"Furthermore..."

"We were slow to get the news. On this line, we didn't take the lead, and we didn't have many bargaining chips. Even if there was an extreme situation, according to the amount of active funds accumulated in this field and the current price of these stocks Liquidity, we can also sell very quickly to achieve the purpose of exiting the market.”

"Just don't know..."

Xu Xiang paused for a moment, then continued: "How much chips did Fortune Road invest in the field of 'securities and venture capital'? If Fortune Road is on this line, it will be the same The market hype of the 'Shanghai Free Trade Zone' is the same, if heavy positions...or even full positions are involved, then the follow-up market...I am afraid it will be very interesting."

He is on this line, and he doesn't have many bargaining chips, so he can't affect the macro trend of the market.

And he also knows that the line of 'securities and venture capital' can be promoted entirely because of the fanfare of many major institutions in the market, and the news of 'market IPO restart', advocating the logic of the bull market, it is extremely ugly.

Now, he feels that there are signs of large-scale lurking in the field of Wealth Road, which has completely taken the lead in the market, and can use chips to affect the macro trend of the market at critical moments, so...he will naturally look forward to it. Fortune Road can meet these ugly main institutions.

After all, when it comes down to it...

He and Fortune Lu Suyu were both born in the wild market, not some regular army, and they are not in the same way as these main organizations.

"Judging from the buying data of Fortune Road on the Dragon and Tiger List, the scale should not be large." Zhou Kan said, "But Mr. Xu, you also said that Fortune Road's Dragon and Tiger List is very likely to be used to deceive people. Yes, that's it... According to the logical analysis you said, Mr. Xu, if the road to wealth lies in the line of 'securities and venture capital', it must be a state of large-scale holdings, because only in this way... can it be explained Why does he need to use the position on the Dragon and Tiger List to cover up the motives of the factual operation."

"and……"

Zhou Kan thought for a while, and continued: "We can get the news that 'market IPO is about to restart' after the line of 'securities and venture capital' has exploded, so according to the analysis of the past market intelligence capabilities of 'Yuhang Investment', They must have gotten the same news as us."

"In that case..."

"If Fortune Road hadn't hidden a huge position before the outbreak of the 'securities and venture capital' line, it would never have been possible to only buy the chips that appeared on the Dragon and Tiger List, and...even Fortune Road Just like what we think, we feel that the main market line of 'securities and venture capital' does not have much continuity, the space is limited, and the time period for the market to explode is also limited. In the continuous skyrocketing, there is not much bargaining chips involved."

"Then he should at least...should carry out a large-scale lightening of positions in related core areas such as 'mobile Internet' and 'smart phone industry chain' in the weight direction of the GEM, so as to avoid the outbreak of 'securities and venture capital', and the market is switching from high to low. The siphon effect and the resumption of the 'market IPO' will cause a blow to the valuation and hype sentiment of the ChiNext and small and medium-sized concept stocks, right?"

"Unfortunately, except for the day when the hype peaked on the two core concepts of 'Mobile Internet' and 'Smartphone Industry Chain', Fortune Road eagerly reduced its position on a large scale once, and followed the continuous sharp drop of these two main lines , I didn’t even see the news of Fortune Road’s lightening up again.”

"You need to know the 'Yuhang No. 1' fund managed by Fortune Road."

"In the position data released in September, the positions of stocks related to the two core main lines of 'mobile Internet' and 'smart phone industry chain' are basically full."

"So, comparing his previous position data and comparing the recent trading days, especially in the line of 'Securities and Venture Capital', the two major GEM weights of 'Mobile Internet' and 'Smartphone Industry Chain' In the case of continuous adjustment of the main concept line, his motivation for buying and selling seats on the Dragon and Tiger Rankings."

"It is obvious that..."

"Wealth Road is indeed as Mr. Xu guessed, it has long since withdrawn from the two main concepts of the GEM weight concept of 'mobile Internet' and 'smartphone industry chain', and has long since lurked into the 'securities, venture capital' All the main funds participating in the market, as well as the majority of retail investors, have been deceived."

"Not bad!" Xu Xiang smiled and nodded, "The analytical ability is getting better."

Zhou Kan smiled and said: "I learned it from Mr. Xu, but according to our inference... Fortune Road can complete the adjustment of positions without anyone noticing with billions of funds, and in advance It has been so long for the main funds in the market to find the logic of the inevitable explosion of the line of "securities and venture capital" and to intervene heavily, which is really outrageous."

"If it wasn't for the abnormal trading activity of Fortune Road on the Dragon and Tiger List recently, if it weren't for the fact that we had known in advance that the 'market IPO' was about to restart, if it wasn't for the influence of Mr. is very understanding..."

"Ordinary market investors really don't think and speculate in this direction."

Xu Xiang nodded slightly, and said: "This is the strength of Fortune Road's funds. It is as quiet as a virgin, and moves like a rabbit. It is extremely precise in grasping timing and market conditions, but never hesitates."

"This market..."

Xu Xiang sighed, and said: "Although there is no gunpowder smoke, it is the cruelest. Ability and trading talent are always the most important ones. If you can do it, you can do it. If you can't do it, you can't do it. A penny is plundered from other people's pockets, and no one in the world is willing to give money from his own pocket to others, so...the people who become famous have no reputation!"

"At least...since I've been in the financial markets."

"This person from Fortune Road should be the person I have met with the highest trading talent and the greatest potential for future growth, whether in reality or in a face-to-face confrontation."

"Yeah!" Zhou Kan responded, "His growth rate and wealth accumulation speed are indeed outrageous!"

After speaking, he turned his attention to the market trading interface again.

At this time, the time has reached 9:25, the two cities have completed the call auction, and are in the short-term suspension stage.

And after call bidding, the market prices of the two cities have been fixed...

The Shanghai Stock Exchange Index opened higher at 2443.75 points, up 0.86%, and continued to set new rebound highs and new year highs. The ChiNext Index opened higher at 1376.89 points, up 0.32%. Although it was significantly lower than the Shanghai Index, it still refreshed this round of rebound New highs and all-time highs.

In addition to indexes, individual stocks and sectors.

The two popular core lines of 'Securities and Venture Capital', and their related concept sectors, have both increased by more than 4%. High-tech and Zijiang Enterprises', as well as other popular stocks in the same sector, also mostly opened higher by more than 5%, and the signs of capital pursuit and rush to raise funds are extremely obvious.

The "Internet Finance" sector rose as high as 3.67%, second only to the two concept sectors of "Securities and Venture Capital". , Huake Jincai, Jinzheng shares, and Hengsheng Electronics all increased by more than 60%, and signs of capital pursuit and rush to raise funds are also quite obvious.

Immediately after...

After these major concepts that have been taken care of by the main funds in the market and rushed to raise funds on a large scale.

Conceptual sectors such as 'financial reform', 'mobile payment', and 'insurance trust' related to financial concepts also showed obvious changes.

It touches on the two important areas of 'insurance and banking' in the industry sector.

Today's collective bidding is still lifeless. It should be that the main funds in the market found that the active funds in the two cities are limited, and they really can't move the two core weights. They did not gather in these two directions. Instead, they began to diverge. Relevant medium and small cap concept stocks.

As for... the main line of popular concepts in the early stage with the GEM and the small and medium-sized board as the core, which have performed weakly for many consecutive days.

Such as 'mobile Internet', 'smartphone industry chain', 'restructuring backdoor' and many other popular concept lines in the early stage are still under adjustment today. In the whole call bidding process, the main funds except for the traces of buying bottoms at the beginning Besides, after 9:20, the lightning disappeared again.

Among them, in the sections related to the main line of these popular concepts.

'Mobile games', 'ST sector' and 'Apple Concept' led the decline in the two markets.

Popular stocks in the three major concept sectors, such as Huaqingbao, Changqu Technology, Meisheng Culture, Anjie Technology, Fenda Technology, Speed, etc., all opened sharply lower. Traces of complete abandonment.

"Damn it, you're driving so low..."

Seeing the opening scene like this, Mu Yao stared at the trading board in Yuhang, Jingda Investment, and the trading room, as well as in his personal position account. He had already borrowed money to replenish the margin twice, but he still hadn't gotten rid of the forced liquidation warning. The data, the whole person is irritable and bored to the extreme: "The index is making new highs every day, but you drive low every day and go low every day. There is no decent rebound. Do you want to live?"

At the moment when the financing leverage was just launched, I saw the index hitting new highs one after another like a rainbow.

In one day, his profit reached 3000 million, which was more than half of his personal assets.

He thought he had grasped the opportunity, he thought he was the next stock god, the next market legend, but... the reality is always so ruthless.

Before he came back to his senses...

He has already been burdened with 2700 million usury, and the funds for supplementing the margin are already in a state of loss, and if it falls...not only will the wealth he has accumulated over the years be wiped out, but he will also have to bear huge debts. I don't know if my sister and brother-in-law, who have tolerated him again and again, will continue to cover him up.

Of course, it is too late for him to withdraw now.

At least, if you quit at this time, in addition to repaying the borrowed margin and interest, there will still be several million principals left.

But just quit...and when the market index keeps hitting new highs and the bull market has come, how can he be reconciled?

"Are you adjusting positions to pursue securities?" He gritted his teeth and kept weighing in his mind, "The active funds gathered on the line of 'securities and venture capital' have not returned to the GEM for a long time, 'mobile Internet' and 'smart phones' The two core concept lines of "industrial chain", I am afraid that it is difficult to have any decent rebound and reversal opportunities!"

"But at this time, there is a comprehensive adjustment of positions. What if the adjustment is over and there is an adjustment in the 'securities and venture capital' sector?"

"Don't adjust, keep falling... I'm really doomed!"

He thought about it carefully for a while, and finally, when 9:30 came...

He still decided to cut off his holdings on a large scale, such as "Huaqingbao, Changqu Technology, Fenda Technology, Netspeed Technology, LeTV" and other core hot stocks in the early stage of the market, and transferred them to securities, venture capital, etc. 'In the pursuit of strong stocks related to this core popular main line.

And after he made a move to adjust positions.

Thinking of chasing hot spots, when the line of "securities and venture capital" that has been rising continuously is quickly turned around.

On the other side of the trading room where he was...

In Jingda Investment’s main fund trading room, after discussions between Gu Chijiang and Lin Tingzong, they also decided to reduce their positions on a large scale, the two core lines of “mobile Internet” and “smart phone industry chain”, which were extremely optimistic before, and put the entire main fund’s The water level of the position will be lowered rapidly, and the profit will be locked at the end of the year.

Therefore, under the joint action of the two, we can see that the market has just begun to officially trade.

Concept sectors such as 'Mobile Games', 'Apple Concept', 'Wearable Devices', 'Electronic Information' and 'Network Security' have led the market down, as well as their core stocks, such as 'Huaqingbao, Fenda Technology, Internet Stocks such as Speed ​​Technology, Anjie Technology, Xinwei Communication, Speed, Goertek, etc. all once again encountered a large number of main selling orders, and their stock prices plunged rapidly, and the decline further expanded.

And in the meantime...

The fields of 'securities and venture capital', as well as related core popular stocks, once again showed a large-scale net inflow of funds, and the stock prices have risen in a straight line.

Especially the two stocks of Shibei High-tech and Orient Securities.

Due to the weak closing of these two stocks, the moment the official opening of the market, the stock price was smashed by a large number of profit-making orders. However...after the crash, there was no panic order, and the stock price only dropped slightly When it reached the 9% increase position, it was pulled up by lightning, and a huge amount exploded, and then the daily limit was closed again in seconds.

There is also the core weight of the securities sector of Huatong Securities, which failed to close the board yesterday, was listed on the Dragon and Tiger List, was abandoned by institutions on a large scale, and lightened its positions. Under such circumstances, when the market officially opened, it was frantically chased by active funds in the entire market, and the purchase of thousands of large orders and thousands of large orders covered the entire instant transaction interface of this check.

But in 5 minutes...

Under the action of the extremely crazy main buying funds, this check pulled 5 points in a straight line, and the increase jumped from 2.33% at the opening to more than 7 points. Within minutes, its turnover soared to 5 million, comparable to the usual turnover of almost an hour and a half.

"Crazy, really crazy... the securities sector is going crazy!"

Seeing Huatong Securities, a 5-billion-level security, had a sudden increase in weight, and within a few minutes of seeing the securities sector, the overall increase of the sector broke through [-]% again. Not only did it reverse the decline in yesterday's dive, but it also continued to set a new high for the index rebound , For a while... Even the vast group of retail investors chasing market hotspots showed a rather surprised look.

"This is a bull market, this is a bull market!"

"At the beginning of the outbreak of the bull market, the explosive power of the securities sector was so crazy."

"Have you never seen the big bull market in 07? The securities sector collectively had a daily limit, and Huaxin Securities, the real core leader of securities companies, can also walk out of the trend of continuous daily limit."

"Where is this! Wait and see... the picture of dozens of stocks in the securities sector collectively rising to the limit will definitely appear. Wait until then...it will be spectacular."

"In the last round of bull market, Huaxin Securities had an increase of up to 11 times, and the highest valuation almost touched trillions in market value. At that time, Huatong Securities had not yet been listed. This wave... should be Huatong Securities as the core attack. ?After all, this check is not only the leader of a large brokerage firm, but because it was a backdoor listing back then, most of the shares were locked up for five years. The hype, and the hype, will drive the entire securities sector, and it is not small."

"Needless to say, Huatong Securities must be the main leader in the weight of the market!"

"Orient Securities should be the high-level leader in securities, right?"

"It's not bad. It can be said... In the bull market, these two checks are big bull stocks with a 10-fold increase."

"Buy, buy... After waiting for 6 years, the opportunity finally came!"

"I didn't say anything, I went directly to financing."

"When the bull market arrives, the performance of securities companies will skyrocket. The securities sector is definitely the sector with the highest elasticity in the bull market. Use securities companies' financing to buy securities, haha... I seem to have found the wealth code."

"In the last round, brokerages did not have a securities lending business, and their performance could soar more than 10 times under the amplifier of the bull market. Now that they have the performance amplifier of the securities lending business, wait until the market turnover catches up, and wait for investors outside the market. Entering the market in a big way, when the leverage of the market, the scale of the two financings also catch up...The performance of the brokerage is simply unimaginable."

"Whether it's speculation or investment, the current 'securities and venture capital' are the best market areas."

"Haha... I feel like I'm going to get rich!"

"I hope it can increase by 10 times, because I can only get back my capital if I increase by 10 times. In the past few years, I have lost 90% of my principal."

"Anyway, after six years of bear market, now the market has turned bullish, and the time to run into the market... must have arrived. The wave of 'securities, venture capital' is definitely a signal of a bull market."

"I still have a time deposit of 30 yuan in Chinese Commercial Bank, which hasn't expired yet. Look at it... Tomorrow I have to find a way to withdraw it to increase my position. What the hell... I get 3 or 4 points of interest in the bank every year. It was less than a day’s profit for the stock market, I was really stupid at the time, if I had made a plan earlier, I would have missed so many main market trends this year.”

"Not to mention, although the overall increase in the Shanghai Stock Exchange Index this year is not large, and it is only less than 10% so far, there are really many opportunities for speculation in the main market. Since June, the 'Internet Finance', 'Shanghai Free Trade Zone', From 'backdoor reorganization', 'mobile Internet', 'smartphone industry chain' to the current 'securities, venture capital'... These market trends, if you catch a wave, basically double your chances!"

"As for catching a few waves...that's the legend of Fortune Road now."

"Although the overall increase in the Shanghai Stock Exchange Index is not large, the ChiNext has almost doubled from the lowest point of more than 700 points to the current point of more than 1300 points."

"Up to now...how many people have outperformed the GEM index?"

"Whether it can outperform or not depends on this wave of 'securities and venture capital' market."

"I originally relied on Huaqingbao to double, but now I have returned some profits. Today, Huaqingbao is still doing badly. I am thinking...whether I should switch all the positions into Huatong Securities."

"Change, must change, outdated leader is not as good as a dog, the market of 'securities and venture capital' is obviously completely replacing the two popular main lines of 'mobile Internet' and 'smartphone industry chain' in the early stage, so don't change at this time... It is more passive to chase high in the later stage, and Huaqingbao has risen 6 or 7 times from the bottom, while Huatong Securities is still at the bottom, first eat the wave of securities, and then wait for the adjustment of Huaqingbao to complete, and then look back Wouldn't it be nice to eat the market of Huaqingbao?"

"It makes sense, then I'll change them all!"

"The trends of Shenhua Coal and Huaguo Baosteel I bought are also terrible. Do you want to change them?"

"Change, must change! The price of thermal coal has dropped by 40% this year. What is the future of Shenhua Coal Industry, and the steel industry is the same. Market demand has long been a situation of oversupply and excess capacity."

"Securities, securities... In the bull market, only securities are king!"

"Before the broker doubles, all chips are scarce, buy, buy, buy... At this time, only the word 'buy' is the real wealth code."

In the extremely heated group discussion, the securities and venture capital sector index trends reached new highs and new highs!
Finally, at 10:08, Huatong Securities began to hit the daily limit once again in the eyes of the public after the explosive volume of 19 billion.

And also at this moment...

Yuhang, inside the company of 'Yuhang Investment', trading room.

Su Yu stared at the securities sector index, which had soared to 6.47%. Seeing the main funds in the market, countless retail investors chasing the market in the securities and venture capital sectors, which had reached a state of madness, his eyes flashed, and he couldn't help but immediately ask Li Meng issued an order: "It's almost done, let's smash it! Huatong Securities, Huaxin Securities, Huashang Securities, Luxin Venture Capital, Tuozhong Stock, Zhangjiang Hi-Tech... all stocks that are not strongly sealed by large orders, how much can you sell? Chips, sell as many chips as you want, here... is almost the best time to take profit!

(End of this chapter)