The investment era of rebirth

Chapter 363 The main funds increase their positions and rush to raise funds!
The re-traded two market disks.

After the emotional fermentation at noon, the selling became heavier than before the noon close.

Among them, especially the two major areas of 'infrastructure' and 'state-owned enterprise reform' that have accumulated a large number of short-term profit-making orders, which performed relatively strongly in the morning, and many popular stocks, whether it is the selling volume or the retracement rate, They all started to accelerate instantly.

"Even the two major market trends of 'infrastructure' and 'state-owned enterprise reform' can't support it?"

Facing the continued adjustment of the market in the afternoon and the further disintegration of bullish sentiment in the market, at this moment in Shenzhen Stock Exchange, Xinniu Fund Company, the internal trading room, the fund trading team leader Mou Zhengxing was shocked, and hurriedly reported to the fund manager Fang Xinsheng: "The manager , The market trend is very bad! I feel that the bullish sentiment in the market shows signs of a complete collapse."

In his view...the two core concept lines of 'infrastructure' and 'state-owned enterprise reform', as the gathering place for active funds in the market, are obviously the 'strongest fortress' for market bulls, not to mention the two main lines of market. There are top hot money from all walks of life in the market, funds from large institutions, and the seat blessing of "Fortune Road".

Today, even in these two core concepts and main line areas, funds have completely collapsed, selling orders have increased sharply, and there are signs of loosening chips.

That shows that the long-short form of the market is indeed turning rapidly.

It also shows that the confidence of the majority of investors in the market to hold shares is rapidly declining, and the desire to buy stocks to undertake is also rapidly declining.

"In terms of emotions, judging from the performance of the two markets, it is really not optimistic!" Liu Xin, the general manager who was staring at the big trading screen in the trading room, frowned slightly at this moment, and said.

Fang Xinsheng stared intently at the market trend on the big screen in the trading room. While the two of them were talking, he pondered for a moment and replied: "The market fell like that in the morning, and the sentiment to go long in the market will definitely decline. There is no positive stimulus in other directions during the period, and hedging the long sentiment of this recession will naturally open in the afternoon, and the market will kill a wave under the fermentation and brewing of this sentiment.”

"But there is no need for us to panic and be pessimistic..."

Fang Xinsheng paused, and continued: "The stock index failed to break through the 2200-point mark in the morning. The funds in the market and the emotional reaction to the disappointment of expectations have been fully manifested in the continuous decline and retracement of the index. In other words, The various funds that have high expectations for the Shanghai Index to break through 2200 points have almost sold out in the morning's market retracement."

"At this moment, it is just a momentary panic selling by some pessimistic investors under the ferment of emotions at noon. Although the amount of energy is concentrated, the lethality is limited."

"And at this time, it is the lowest point of emotion in the day under the emotional reaction."

"After this wave of sharp decline, the index should stabilize soon. After all, the strength of the short-selling market in the day has passed the peak and gradually declined."

"Old Fang, what do you mean...the market cannot go down at this position?" Liu Xin asked in surprise after hearing Fang Xinsheng's words.

Fang Xinsheng nodded with a smile, and replied: "The seemingly most dangerous time is actually when the storm passes and dawn arrives. In the market, a large number of locked-in stocks gathered at 2200 points, and during the two-day index rebound, Many of the short-term profit-making positions that have accumulated have almost been sold out in the rapid market explosion in the morning, and the sell-off at this moment is nothing but the final venting of emotions."

"And the loosening of the 2200-point lock-up in the market, as well as the sharp decrease in short-term profit taking after the sharp sell-off in the morning, all weakened the upward pressure on the market in disguise, and indicated the exhaustion of potential short positions in the market .”

"Everyone knows that in the trading market, the power of long and short has always been one and the other."

"After the short-sellers exhausted, the index was supported, and the market couldn't go down. Then, as investors who covered their chips at a low level re-entered the market, the long-term sentiment and bullish advantage will naturally resume."

"So, at this moment, it seems that the market has fallen fiercely, but it is actually the end of the day's short-selling battle."

"Then we..." Amid Fang Xinsheng's positive market view, Mou Zhengxing, who still had a lot of worries in his heart, continued to ask, "How should we operate?"

Fang Xinsheng's eyes were calm, and he said confidently: "Buy, keep buying!"

"Continue to increase the position?" Liu Xin and Mou Zhengxing both felt a little shocked when they heard this.

Fang Xinsheng nodded slightly, and said: "Since it is judged that the market will not go down, the storm of panic during the day has passed, and the upward pressure on the index has also eased. Judging from the trading volume on the market, it is not a lot, so...why not continue to increase positions and increase profits?"

"and also……"

Fang Xinsheng pointed to the big market screen with a smile and pointed to the popular stocks in the two core areas of 'infrastructure' and 'state-owned enterprise reform' that had accelerated their retreat in the afternoon, and continued: "Look at Huaguo China Railway, Huaguo MCC, and China Fortune Land Development. , Kumho Group, Huaguo Baosteel, Conch Cement, Huagong International and other popular stocks. In the process of these stocks falling sharply just now, among the bargaining chips for selling on the market, there are very few large orders of more than a thousand lots, and the market opened in the afternoon During the entire trading session, the time-sharing of these stocks has shrunk significantly compared to the morning."

"And these tickets have skyrocketed in the past two days. How much is the net inflow of main funds?"

"Today's transaction, how much has flowed out?"

"The decline and shrinking volume due to the emotional panic in the afternoon, and the large net inflow of main funds in the past three days, all of this ... all show that the two core themes of 'infrastructure' and 'state-owned enterprise reform', the internal bargaining structure, It has not changed or loosened, but the corresponding floating chips have been cleaned up more thoroughly."

"I can feel..."

"No, it should be able to judge with a high probability that the two core market lines of 'infrastructure' and 'state-owned enterprise reform', after today's huge shock adjustment, there is still a lot of room for subsequent growth, and after a lot of cleaning up floating chips , The market of these two main lines will not stop, and continue to give everyone the opportunity to buy bargaining chips at a low price."

"So, on the whole, this position at this moment is the best buying point for these two core main lines of market development in the future. If you don't buy it at this time, you will wait until the market adjustment is over and increase your position on the right side. The cost of adding chips is estimated. It will go up a lot.”

"In this position, there is really nothing to be afraid of."

Fang Xinsheng saw that the two were still somewhat hesitant in their hearts, and their confidence in the market outlook was not strong. He paused for a moment and continued: "Even if I make a mistake in my judgment, the market will continue to step back and forth to the 2000-point support, and it will only go down by 6 or 7 points." Points of downside, and reasoning based on the distribution of market chips.”

"In the case of the two core main lines of 'infrastructure' and 'state-owned enterprise reform', the basic reversal logic has been recognized by the majority of investors in the market."

"In the process of index retracement and stepping back on support."

"The two core main lines may not necessarily be able to follow the bottom area of ​​the previous two days."

"After all, the multi-stock capital that opened up these two core main lines did not sell out today, and under the clear investment logic, there are also many large financial institutions that want to undertake high-quality chips in the two core main lines at a low price. The main internal funds have not been released, and low-level funds are accepted to fill the gap. In this case...what do you think is the probability that the two core lines of "infrastructure" and "state-owned enterprise reform" will fall back to the low level two days ago?"

"I'm afraid the probability is very small." Mou Zhengxing responded, "The main funds for the two core main lines of 'infrastructure' and 'state-owned enterprise reform' have not been locked up. Obviously, the market trends of these two main lines have not yet reached The other party's expectations, the main lock-up, low-level funds, and wanting chips, it is natural, it is difficult for the stock price to fall."

"Well, it makes sense!" After listening to Fang Xinsheng's opinion, Liu Xin's worries and hesitation finally dissipated, and he laughed, "This should be the reason why the main market in investment transactions is 'the strong are always strong' Bar?"

Fang Xinsheng nodded and said: "That's it, so... In my opinion, it is very cost-effective to continue to increase positions at this time, in terms of profit and loss ratio."

"Okay, let's resolutely increase the position!" Liu Xin responded, fully agreeing with Fang Xinsheng's suggestion.

Afterwards, when both the general manager and the fund manager agreed to increase their positions, Mou Zhengxing instantly issued instructions to the traders. At the same time, he quickly tapped the keyboard and used his trading account to place pending orders to buy a large number of 'infrastructure', The core hot stocks in the field of 'state-owned enterprise reform'.

And as Xinniu Fund Company continues to increase its positions...

At 1:16, many core stocks in the main line fields of "infrastructure" and "state-owned enterprise reform", which have generally fallen within 2% of the increase, plunged rapidly, and suddenly stagnated. Undertaking, the trend began to slowly pick up.

"Hey, won't it fall?"

At 1:17, Xu Zhongji, the general manager of Yuhang and Minghui Capital, in the trading room, looked at the two core stocks of 'infrastructure' and 'state-owned enterprise reform' that were gradually picking up, frowned slightly, and muttered: "Originally Those who want to wait a little longer and pick up chips at a lower position, now... I'm afraid it's impossible."

In the past two days, the two core themes of 'infrastructure' and 'state-owned enterprise reform' broke out.

The main fund of the company, due to the direction of holding positions, is basically in the growth concept stocks in the direction of "mobile Internet" and "smart phone industry chain" of the small and medium-sized board and the gem, so it is not timely to adjust the position and follow up, and wait until they are vacated With a large number of positions, most of the "growth concept stocks" chips in the direction of the small and medium-sized board and the ChiNext board have been cut off. The two main lines of "infrastructure" and "state-owned enterprise reform" have skyrocketed for two consecutive days.

In the face of continuous skyrocketing, the two main core hot stocks of 'infrastructure' and 'state-owned enterprise reform' are not given any chance to buy.

Xu Zhongji was originally anxious and anxious.

Because he knows that there is a high probability that the upside of the mainline market that Su Yu is heavily involved in will not be small.

Unexpectedly, just as he was planning to chase the highs regardless of the cost and bear the huge short-term risk of retracement, today the market took a high-diving mode, and the opportunity to increase the position was sent to him.

"Old He, don't wait, buy, buy!"

After pondering for a moment, Xu Zhongji made up his mind and hurriedly told the fund manager He Hong who was beside him.

"Don't wait?" He Hong hesitated when he heard Xu Zhongji's order, "This kind of extremely rapid diving trend, I feel that the market has not fallen through so far, and the Shanghai index failed to break through 2200 points, and the market is on the rise. The spatial expectations have dropped sharply, if we don’t step back on the support below, I’m afraid it will be difficult to reorganize the offensive!”

"We are seriously short of chips on the two core lines of 'infrastructure' and 'state-owned enterprise reform', and we can't afford to gamble." Xu Zhongji replied, "Buy first, and then move the position to a reasonable position. Although the upward space is uncertain, the downward space is basically certain, not much.”

"Also, look at the situation on the board..."

"I have the same idea as us, and I am afraid that there will be a lot of funds to increase the positions of 'infrastructure' and 'state-owned enterprise reform' at a relatively low level, the two core high-quality stock chips."

"Moreover, even if the market index falls back down, the two cities do not have a clearer and stronger main-line sector than the current two core main-line investment logic and expectations of 'infrastructure' and 'state-owned enterprise reform'. Maybe the market will fall. Instead, the two areas will become safe havens for funds from all walks of life.”

"Also, based on my understanding of President Su of 'Yuhang Investment'."

"Since he has opened the curtain of the two core market trends of 'infrastructure' and 'state-owned enterprise reform' with a tyrannical posture, I am afraid that he will not let the two core market prices fall back like this, making it impossible for the previous All the main funds on the train, wait for this train."

"If today's 'Fortune Road' seat, continue to increase the position on the dragon and tiger list on a large scale."

"With the influence of this seat, when the market has adjusted dramatically and cleared a lot of floating chips and profit margins, the probability of wanting to take chips at a lower position tomorrow is probably very small."

"So, on the whole, we don't need to wait any longer!"

"Okay!" He Hong heard Xu Zhongji's analysis, pondered for a moment, and felt that it was quite reasonable, so he responded briefly, and quickly issued an order to the traders to increase their positions.

Following his orders...

Core high-quality stocks in the fields of "infrastructure" and "state-owned enterprise reform" such as Huaguo China Railway, Huaguo MCC, Bayi Iron and Steel, Conch Cement, China Fortune Land Development, and Gemdale Group, which have shown signs of rebound, instantly surged a large number of stocks on the disk. The main buy order, the stock price also began to rise steadily.

Likewise, at this very moment.

The internal trading room of E Fund Management in Shanghai, the self-operated investment department of Yanjing Huaxin Securities, the internal trading room of Shenzhen Pingyin Asset Management, the trading room of Yuhang Yinhua Public Fund... Numerous fund managers and traders of major major institutions are watching The two major core stocks of 'infrastructure' and 'state-owned enterprise reform', which have rebounded significantly, finally couldn't bear it anymore, and stopped waiting.

However, under the circumstances that these large-scale main institutions that failed to keep up with the market in the past two days and held insufficient bargaining chips for the two main lines of "infrastructure" and "state-owned enterprise reform" rushed out one after another to grab funds.

At 1:25, the main line core stocks of 'infrastructure' and 'state-owned enterprise reform' that had rebounded slowly, ushered in a wave of straight-line rises with heavy volume.

And under this straight-line rise, it only takes a few minutes.

Huaguo China Railway, Huaguo MCC, Bayi Iron and Steel, Conch Cement, China Fortune Land Development, Gemdale Group, Huaguo Communications Construction, Huaguo Construction, Huaguo Baosteel... and other core stocks quickly regained their value after the market opened in the afternoon. Diving fell, returning to a strong shock pattern.

At the same time, driven by the strong rebound of these core popular stocks.

At 1:32, the core industry sector indexes of building decoration, building materials, steel, and real estate, as well as the concept sector index of 'state-owned enterprise reform', rose back to more than 1.5%, smoothing out the diving decline after noon, and regained Gather the market's long-term sentiment and follow-up funds.

Immediately afterwards, due to the two core themes of 'infrastructure' and 'state-owned enterprise reform', the market resilience demonstrated.

At 1:35, the lowest point hit 2148.92 points, and the stock index, which fell by 0.56%, quickly recovered its losses and returned to the red plate. Back to within 0.5%.

"Sure enough, the market trend is exactly as you expected."

Seeing that the Shanghai stock index has returned to the red market, and the two core themes of "infrastructure" and "state-owned enterprise reform" that have plunged sharply in the afternoon have also returned to a strong and volatile pattern. Momentarily moved away from the big screen of the market quotations, looked at Su Yu beside him, his eyes were full of wonder and admiration, and said with a smile: "Su Da stock god, what should I do next?"

Su Yu responded with a smile: "Since large-scale funds are starting to rush to increase positions, then we don't need a strong pallet to stabilize the market sentiment. Let traders sell in small positions when the Shanghai stock index closed at 2200 in the morning. Take all the chips back, the storm is over, and in the next one and a half hours of trading, the market should continue its slow upward trend, and re-attack the opening position in the morning."

"Okay!" Li Meng responded quickly, and immediately gave instructions to the traders.

"Master, is the adjustment over?" Hearing Li Meng's order, Liu Yuan asked Su Yu while operating the account, "Isn't this...too fast?"

Su Yu responded with a smile: "It is still too early to say that the adjustment is over. After all, the stock index failed to break through 2200 points. The market's expectations in this regard have been shattered. The index has risen in the short term and lacks firm confidence support, but there is pressure on the index to go up. , but downward ... there is also pressure."

"Most of the follow-up trends will temporarily fluctuate sideways with the shock space created today."

"As for when the adjustment will end..."

"It depends on when the market can seriously shrink, so that the bargaining chips in this range can be stabilized again and form a relatively solid bargaining support platform."

"Understood!" Hearing Su Yu's analysis, Liu Yuan understood a little bit in her heart, and responded.

"But the index adjustment is not over. It doesn't mean that there is no market and no profit-making effect." Su Yu continued with a smile, "Next, the two core themes of 'infrastructure' and 'state-owned enterprise reform' should continue to be integrated in the overall market." Under the situation of sideways volatility, continue to perform, especially some potential low-level concept stocks that have lagged behind the rise of the sector index before, or are not so obvious. Next, there should be a good wave of gains.”

"I estimate that the market will also switch from high to low in the main areas of 'infrastructure' and 'state-owned enterprise reform'."

"However, this is technical work on the tip of the knife. The main performers are also various hot money that the market has not kept up with before. Since our main position has already occupied the high-quality stock chips of these two core main lines, there is no need to go any further. After chasing these leftovers, you only need to use your own ability and market sense to do T with small positions in the market fluctuations, and try to obtain the corresponding excess profits in the market."

"Hmm!" The traders all responded and continued to operate with their heads down.

At the same time, with the operations of many traders, the core stocks in the fields of 'infrastructure' and 'state-owned enterprise reform', as well as the major market indexes of the Shanghai Stock Exchange Index, Shenzhen Index, and ChiNext Index, continue to rebound, and the investment sentiment of the entire market , and gradually recovered from the previous panic and downturn.

At 1:45, the Shanghai stock index stood at 2172 points, and the increase expanded to about 0.5%.

At 1:52, the stock index hit the highest point of 2178.16 points, an increase of nearly 1%. At the same time, the two core weight stocks of Huaguo China Railway and Huaguo MCC rose back to about 5%. China Fortune Land Development and Kumho Group once again rushed The increase has reached around 7%, and Shanghai Sanmao and Shibei High-tech have closed their daily limit, and Beixin Road and Bridge have shrunk again on the daily limit.

At 1:57, Waigaoqiao, with the joint efforts of many main buying funds, also hit the daily limit again. The Shanghai Stock Exchange Index broke through 2180 points, and it was getting closer and closer to the intraday high of 2191.12 points set at the opening. On the K-line chart, it has changed from the previous heavy-volume big Yin line with a long upper shadow to a heavy-volume long cross line.

At 2:01, the Shenzhen Stock Exchange Index and the Growth Enterprise Market Index turned red and rose. The two core main line related sectors of 'Mobile Internet' and 'Smartphone Industry Chain', as well as core concept stocks, also narrowed their declines rapidly. At the same time, the main funds on the market flowed out The situation has also greatly improved.

At 2:05, the two major core industry sectors and concept sector indices of 'infrastructure' and 'state-owned enterprise reform' began to increase by more than 3%, and many of them reached their intraday highs.

At this time, I saw that several major indexes in the market all turned red, recovering most of the intraday diving losses.

Moreover, in the two core areas of 'infrastructure' and 'state-owned enterprise reform', many popular stocks are already only one step away from the previous intraday high.

In the market, investors who were pessimistic about the market, panicked and liquidated their positions, and failed to break through the 2200-point threshold of the Shanghai Stock Exchange Index. They were disappointed and disappointed, and lost many investments in the two main lines of 'infrastructure' and 'state-owned enterprise reform'. Or, at this moment, my heart couldn't help shaking again, and my face was full of disbelief!

(End of this chapter)