The investment era of rebirth

Chapter 361 Breaking through 2200 points!
"Yes!" Li Meng replied, "From the perspective of market volume, it is unrealistic to attack the pressure position of 2200 points when the market has accumulated a large number of short-term profit-making positions. After all, no matter how good the mood is, growth If the large amount of funds can’t keep up, it’s useless if you can’t undertake a large number of profit-making and locked-in positions in this position.”

"It means that the market is in this position, so it must be adjusted?" Wang Can asked.

Li Meng nodded and said, "It's about the same. The stock index rebounded strongly in the past two days, and has almost crossed the 100-point space, touching the strong pressure level above, and there are quite a lot of floating chips that are eager to cash in. The index The upward pressure is getting bigger and bigger. A short adjustment to clear up the floating chips in the market will be healthier for the subsequent trend of the market. Otherwise... a forced breakthrough may only exacerbate the subsequent adjustment of the market and at the same time damage the market. More market sentiment and long sentiment."

"Then...do we...need to reduce our position significantly in this position and reap profits?" Wang Can then asked.

"It is possible to do T properly, but there is no need to reduce the position significantly." Su Yu said, "The market's rebound trend has been established, and the market's long-term investment sentiment has fully recovered. A large number of hold-ups at key pressure levels converge, making it extremely difficult for the index to break through 2200 points, and adjustments are inevitable. However, as sentiment continues to ferment and with the continuous influx of incremental funds from outside the market, the index continues to rise and break through after a short-term adjustment The 2200-point pressure mark is a matter of great probability."

"In other words, this is a benign adjustment, and the range will not be deep."

"And during the adjustment, the bullish trend of the two cities will not change."

"In this way, there is no need to make a large reduction in positions, and make profits in this small adjustment band. After all, no one can accurately grasp the short-term trend of the market. Once the large-scale reduction is made, the index will adjust sideways, and even the strong sector will continue to rise without adjustment. What about a breakthrough? I am afraid that if you want to pick up your position, you will have to chase higher."

"As traders, we operate trades..."

Su Yu paused, then continued: "To see the big trend and ignore the small trend, understand the trade-offs of opportunities, and never lose the big because of small losses, picking up sesame seeds and losing watermelons. Of course, while maintaining the position dynamics In the case of balance, it is also possible to use small positions in the account to do T to maximize the maximum profit of the account in market fluctuations."

"Master, according to the logic you said, the opening should be the best selling point of the day, right?" Liu Yuan asked after pondering for a moment, her eyes lit up.

Su Yu smiled and nodded, and replied: "Smart, in fact, intraday operations, the grasp of buying and selling points, and the emotional reaction of the market are usually consistent. After yesterday's emotional brewing, and the counterattack of the index's heavy volume for two consecutive days, go long Strong expectations have been formed in the minds of investors in the market."

"In their expectations, and under the inertial thinking of most investors, the index will definitely continue to rise, and it will continue to break through in large numbers."

"At the same time, due to the strong long-term expectations, the generally warming-up long-term sentiment in the entire market, and the continuous profit-making effect continuously released by the market, investors' risk appetite for chasing high is also rising in the mood. , which resulted in a market opening sharply higher in line with expectations.”

"However, the market's long-term sentiment is unprecedentedly high, the profit-making effect is prominent, and investors' risk appetite is rapidly increasing."

"Is the market really as good as everyone imagines?"

"No! Last night, the external market fell sharply, the backlog of 2200 points above the index was locked up, a large number of short-term profit-making accumulated in two consecutive days, and limited incremental funds... These are the many factors that inhibit the upward breakthrough of the index. The key factors, unfortunately, when the market sentiment is high and investors gradually lose their rationality, they cannot see these, or in other words... everyone will deliberately ignore these unfavorable factors.”

"And the market itself does not have the factors for a comprehensive breakthrough, coupled with the sudden and intense long-term sentiment."

"The two phases are intertwined, and there will naturally be key selling points in the time-sharing trend of the market."

"Although the so-called imagination is beautiful, we still have to return to reality. While maintaining an optimistic attitude in our trading operations, we must also remain rational and understand what are the unfavorable and favorable factors in the current market trend, so that we can make decisions. Rational judgment, find the right buying and selling points."

"Understood!" Liu Yuan realized something in her heart.

While responding, while using the account in hand, the small position quickly placed an order to sell some of the popular stock chips held.

Similarly, when Liu Yuan reacted, most of the traders in the trading room were lowering their heads and placing orders, operating according to the trading logic Su Yu just said.

And with everyone's pending orders...

At this time, the time has advanced to 9:20.

I saw that after the call auction time of 5 minutes, after the call auction entered the real auction stage of irrevocable orders, although the number of stocks that opened higher in the red market in the two cities dropped slightly, the change was not significant, and remained at 85%. Stocks opened higher in the red market.

The overall market sentiment, as well as the willingness of all parties to rush to raise funds and go long.

Compared with yesterday's call auction, it was even stronger.

Especially the two major areas of 'infrastructure' and 'state-owned enterprise reform' which are the core concerns of the market.

Whether it is the four major industry sector indexes of 'construction decoration, building materials, steel, real estate' or the concept sector index of 'state-owned enterprise reform', the increase is above 2%.

Among them, the core hot stocks in the two major fields have performed extremely well in call auctions.

For example, the popular leaders' Beixin Road Bridge, Shibei High-tech, Waigaoqiao, and Shanghai Sanmao' checks all showed the opening of the daily limit; Huaguo MCC, Huaguo Zhongjian, China Fortune Land Development, and Kumho Group Many popular stocks in the middle and large caps opened higher by about 5%, and on the call auction market, buying orders completely suppressed selling orders. As the call auction time passed, the stock prices of these stocks continued to rise .

"This collective bidding trend has exceeded expectations!"

Seeing the extremely hot call auctions in the two cities, at this moment, in the internal trading room of Zexi Investment Company in Shanghai, the fund manager Zhou Kan couldn't help but sigh: "I feel a little too emotional? Huaguo China Railway, Huaguo MCC, etc. Tickets that are clearly trending have been speculated into the trend of concept stocks. According to the current high opening rate of these two checks, in three days... there is almost a 28% increase!"

"It's really too much!" Xu Xiang nodded slightly, "It's too late, I'm afraid the market will not perform well today."

"Yesterday's external market trend was not good, coupled with the 2200-point pressure mark, today's call auction, the market is going like this, it is obviously wrong." Zhou Kan continued, "The funds that are chasing in at this moment may temporarily stand guard at a high level. The emotions are too high, and the selling point is highlighted, shall we... also sell some chips?"

According to Zhou Kan's judgment, the current market performance should be a good selling point.

Xu Xiang pondered for a moment, then said: "You can try selling a little bit, although the emotions are a bit too much, but at the current stage, the two main lines of 'infrastructure' and 'state-owned enterprise reform' have come out, and the large funds of various departments outside the venue, The positions in the market are all at a relatively low level, and there is a huge demand for increasing positions. Therefore, even if the market adjusts, the range of adjustment may be very limited. It is okay to do T for small positions. Small risk of stepping into the air."

"Well, I understand!" Zhou Kan nodded with a smile.

Then, immediately began to arrange according to Xu Xiang's suggestion.

And with Zexi Investment's small position reduction arrangement...

At the same time, in Shanghai, Yanjing, Shenzhen and other places, the main funds of many large institutions that had previously missed the two main lines of 'infrastructure' and 'state-owned enterprise reform' saw the market call auction trend rising steadily, and 'infrastructure', 'state-owned enterprise reform' The two main lines of 'state-owned enterprise reform' are getting more and more intense in the call auction, but they can't help chasing up Masukura and rushing to raise funds.

Similarly, the majority of retail investor groups are under the influence of extreme excitement in the market.

There are also countless people who have increased their positions and chased the high.

Therefore, in this bullish power and bullish sentiment, it is still completely dominant.

When 9:25 arrived and the call auction of the two cities ended, the Shanghai Stock Exchange Index opened sharply higher by 1.53%, and directly broke through to 2191.12 points, which was only one step away from the 2200 point mark. In other words, the higher opening range has reached an increase of about 1%. Several major indexes have once again left a gap in the K-line form.

And except for all the major indexes that gapped and opened high.

The performance of the industry sector and concept sector in the two cities, as well as their popular weight stocks and concept stocks, is also in full swing.

Among them, in the field of 'infrastructure', the core sectors such as architectural decoration, building materials, steel, and real estate have opened up by as much as 2.35% to 2.55%, and the 'state-owned enterprise reform' concept sector has opened up by 2.83%. , Constituent stocks in the sector, more than 7 stocks have a one-word daily limit.

Of course, in addition to the strong 'infrastructure' and 'state-owned enterprise reform' two popular main lines.

The two concept sectors of 'Shanghai Free Trade Zone' and 'Internet Finance', which performed well yesterday, also rose by about 2% at the opening. "Mobile Internet" and "smartphone industry chain", which are weaker than the broader market index, are the two main lines of popular concepts in the early stage, and their related core growth stocks are rare to open higher than 1% at the moment.

Facing such an opening scene...

The vast majority of retail investors in the entire market are jumping for joy at this moment, excited and excited.

"Haha, the stock index opened 1.53% higher, approaching 2200 points, it's really strong! I feel like I'm back in the bull market again!"

In the excited and exhilarating market sentiment, taking advantage of the last 5 minutes of short trading pause before the official transaction, some people expressed emotion on the trading forum.

"My Big A finally stood up!"

"Independent market, a rare independent market trend!"

"Looking at the situation, today's stock index will break through 2200 points, haha... This wave of gains is really powerful, sweeping away the haze of the beginning of the year!"

"It's still Mr. Su's bull. Once he makes a move, the market will get out of hand."

"Indeed, in the last two trading days, the two main themes of 'infrastructure' and 'state-owned enterprise reform' have exploded the effect of making money to the extreme."

"Not only in the past two days, the two main lines of 'infrastructure' and 'state-owned enterprise reform' have opened so much higher today, and they are still increasing in volume. The core stocks have all come out of the obvious bottom reversal trend."

"Hey, it's a pity that I have been hesitating for the past two days, so I missed it!"

"I've missed out on it before, but I immediately caught up with the call auction this morning."

"I am also calling for bids to pursue positions. I feel...Although the mainline core leading stocks such as Huaguo China Railway and Huaguo MCC have risen by about 25% in the short term, compared with the inflow of main funds in the past two days, and "Infrastructure" and "state-owned enterprise reform" are the two main lines of continuous violence, and there is definitely a lot of room for follow-up."

"I agree. In fact, a [-]-[-]% rebound in leading stocks is nothing at all. Buying at this time is still at the bottom of the mountain."

"I also feel that the two main lines of 'infrastructure' and 'state-owned enterprise reform' are still at the bottom of the mountain."

"It's a pity that Beixin Road Bridge and Shibei High-tech are two leading concept stocks in the main line. Today, we don't give you a chance to buy."

"After the two main lines of 'infrastructure' and 'state-owned enterprise reform' were unanimously recognized by the main funds in the market yesterday, the one-word daily limit of Beixin Road and Bridge and Shibei Gaoxin today should be expected. It is indeed a pity that there was no such thing yesterday. Increase your position in these two stocks."

"If Beixin Road Bridge and Shibei High-tech do not open, there will only be Shanghua Guozhong Railway and Huaguo MCC."

"China Fortune Land Development and Kumho Group are also good!"

"Anyway, it's enough to focus on the two main lines of 'infrastructure' and 'state-owned enterprise reform'. The funds involved in these two days have not lost money. The big mainline market will definitely not end easily, and if you participate at this time, there should be a lot of room for follow-up.”

"There must be room. After all, the stock index breaks through 2200 points, and there is a smooth road ahead!"

"Hey, the stock index is below 2200 points, has it been trapped for more than 4 months? It is finally going to break through. I am really looking forward to it."

"With this wave of breakthroughs, the index should not come back!"

"Yes, yes, I also have this feeling, I always feel that the bull market seems to be coming."

"Whether it is a bull market or not, it has reached this threshold. Today, the stock index must break through 2200 points, and only by breaking through 2200 points can it open up new space."

"The index breakthrough mainly depends on the performance of the two core main lines of 'infrastructure' and 'state-owned enterprise reform'?"

"The market conditions of these two main lines must not be different. After all, in the past two days, so many major funds have entered the main force. On the Dragon and Tiger List yesterday, the top hot money from all walks of life is even more collectively dispatched."

"It's less than 10 points away. After the market opens, it should take up to 5 minutes."

"Indeed, as long as the two core stocks of Huaguo China Railway and Huaguo MCC are within the daily limit zone, the index can break through the 2200-point pressure mark in an instant. Judging from the performance of the call auction of these two core stocks, it is obvious that The main funds are still increasing their positions, and the daily limit continues today, and there is still great hope.”

"From the perspective of funds, the market has suddenly risen. Many institutions with large funds and many retail investors outside the market have not yet reacted, and they all have a huge willingness and demand to increase their positions, so I judge that the market will increase in the future. Funds will increase significantly, turnover will once again reach the 1000 billion mark, and the stock index will reach 2200 points!"

"Agreed, looking at the fund industry, the positions announced by major public funds and asset management institutions are obviously at a low level, which proves that the market's upward potential in the market outlook is still huge."

"Whatever it is, I'm full, and I won't get out of the car if I don't double this round."

"Uh... double? Can you have a pattern? According to the valuation and market value of Huaguo China Railway and Huaguo MCC, even if the stock price doubles, it is extremely underestimated. If it is really a big market, you have to look at 5 times. height?"

"5 times! How dare you think?"

"How bold the heart is, how productive the land is, and the market has rebounded so violently, the natural pattern should be enlarged."

During the excited discussions among the crowd, the 5-minute suspension time passed in a blink of an eye. At 9:30, the two cities ushered in the official continuous auction trading time.

I saw that just after the opening of the market, the stock prices of countless stocks began to jump.

After 5 minutes of short-term emotional fermentation, Huaguo China Railway, Huaguo MCC, China Fortune Land Development, Kumho Group, Huagong International... and other core stocks in the field of "infrastructure" have been attacked by rapid capital, and their stock prices have risen rapidly. At the same time, it led to the rapid upward impact of the major industry sectors in the field of "infrastructure", the concept sector index of "state-owned enterprise reform", and the Shanghai Stock Exchange Index, further moving towards the 2200-point mark.

At 9:31, the Shanghai Stock Exchange Index reached 2194.36 points.

At 9:32, the Shanghai stock index set a new high to 2196.38 points. At the same time, China Fortune Land Development rose by more than 8 points, and Kumho Group once again hit the daily limit.

At 9:33, the Shanghai stock index continued to set a new intraday high of 2197.76 points, and the index of the concept sector of 'state-owned enterprise reform' rose by 3.22%.

At 9:34, the Shanghai Stock Exchange Index hit 2198.89 points, 2200 points away from the breakthrough, only a 0.1% increase.

At 9:35, under the attention of countless investors in the entire market, amid the excitement and excitement of tens of millions of retail investors, and when billions of buying funds swept across the two cities, further rushing to raise funds and follow suit, The Shanghai stock index exploded in volume at an extremely high speed, crossing the final point gap, and refreshed the intraday point height to 2200.54 points. After more than 4 months, it regained the position of 2200 points.

After that, when countless people saw that the Shanghai stock index successfully broke through 2200 points.

The huge amount of buying funds has further increased sharply, and investors rushing to raise funds and follow suit are almost crazy.

And driven by these sharp bursts of buying funds...

At 9:36, the Shanghai stock index continued to rise in a straight line after crossing 2200 points. In 1 minute, it was about to refresh the intraday high point to 2208.98 points, an increase of more than 2.3%. The core popular stocks have also risen in a straight line one after another, and their sales have exploded at a rapid rate.

At the same time, the 'brokers' sector has been hovering at a low level and basically no one pays attention.

There was also a sudden change, and the stocks of many tens of billions of securities firms rose in a straight line.

At 9:37, the stock index set a new high to above 2210 points, and the increase expanded to 2.5%. The "brokers" sector rioted collectively. In a 2 minutes, more than 2%.

However, just as the vast majority of investors in the market are extremely excited.

It is thought that the index has successfully stabilized at the 2200-point mark, and the market will usher in another day of full-scale surge.

In less than 5 minutes after the stockbrokers rioted, the index soared so high that it suddenly exploded with higher trading volume. The lack of buying funds caused the index to fall back from the intraday highest point of 2213.37.

At 9:42, the Shanghai Stock Exchange Index fell to 2210 points.

At 9:43, the Shanghai Stock Exchange Index fell to 2205 points.

At 9:44, the Shanghai stock index once again fell below the important mark of 2200 points and returned to below 2200 points.

At 9:45, the Shanghai stock index further fell back to the 2195 position. At the same time, the "brokers" sector, which had collectively moved before, was smashed back to the original point at the opening by a large amount of selling. The fried boards, and even Waigaoqiao, which had a daily limit of one board, were smashed open.

At 9:48, the Shanghai stock index continued to fall back to 2191 points, smoothing out all the gains after the opening, and getting farther and farther away from the 2200 point mark.

At the same time, there are more and more stocks in the market.

Leading core mainline stocks, such as Huaguo China Railway and Huaguo MCC, all rose from a maximum of more than 7 points to around 5 points, and the situation of large capital inflows on the disk has changed from the previous large net inflows in an instant. It has become a net outflow state, and the main advantage of buying is no longer present.

At 9:50, the Shanghai stock index further fell below the 2190 point and began to cover the gap in the early trading.

At this time, the selling orders in the entire market have completely suppressed the buying orders, and the extremely high-pitched and excited emotions in the hearts of the majority of investors, as if being poured with cold water in an instant, gradually cooled down in the stunned.

(End of this chapter)