The investment era of rebirth

Old Chen laughed and said, "Yes, that's what I mean!"

"Look at this kid, how far he can go in the future!" Lao Fang said with a smile, "In the domestic market, for more than 20 years, there are countless people who shine like comets, but there are only a handful of people who are stable like stars. , wealth, easy to get lost in people's eyes, will also hinder people's future."

"That's true!" Lao Chen nodded and said, "I hope he can keep some bottom line."

The two of them were chatting...

Along with the entire financial circle in China, people from various institutions and the majority of retail investors are having heated discussions on the topic of the "bull market theory" that Su Yu said.

During the May Day holiday and the remaining two days, the investment sentiment of the entire market has been high and excited.

In the end, in this relatively fiery mood.

On Monday, May 5th, after the market was suspended for four days, the off-market market rebounded for two consecutive days during the holiday, and the bullish sentiment was significantly restored. With much attention, the market ushered in a new trading day again.

At 8:40 in the morning, Su Yu and Li Meng came to the company.

Su Yu called the company's management for a morning meeting, and then browsed through some important information of the entire market, and then came to the trading room, waiting for the market to officially open.

"Master, judging by the current market sentiment, today's index opened higher, there should be no suspense, right?"

In the trading room, Liu Yuan, the team leader of the 'Yuhang No. 2' fund trading team, did all the trading preparations, and asked Su Yu with a smile: "The U.S. stocks rebounded for two consecutive days during the May Day holiday, and the total rebounded With an increase of close to 3.5%, coupled with the various good news released by the market during the holiday, and the return of off-market funds after the holiday, today’s index should open higher by more than 1%, which is in line with expectations.”

"There should be no suspense about the high opening." Su Yu said, "As for the high opening range, it's not certain."

"Opening too high should not be conducive to the subsequent development of the market, right?" said Zhao Lijun, a core trader in the trading team of the 'Yuhang No. 1' fund, in the trading room.

"Why?" Wang Can asked carelessly.

Zhao Lijun pondered for a while, and then said: "First of all, there are still a lot of profits in the market, especially in the two core markets of 'infrastructure' and 'state-owned enterprise reform'. If the index opens sharply higher, these profits will The short-term profits in the market are rapidly expanding, and their desire to sell to lock in profits will be very strong."

"Similarly, in the case of a sharp increase in the desire to sell profitably."

"Due to the sharply higher opening of the index, some incremental funds that originally wanted to increase their positions to follow up outside the market, when they found that the market did not have the appropriate price they wanted, and the selling pressure on the market increased sharply, it was obvious that they would Hesitation, so that the disk buying, relatively weakened."

"On the one hand, the desire to sell at profit has increased sharply, and on the other hand, the desire to follow suit and pursue positions with incremental funds outside the market has weakened."

"Under the mutual influence of the two..."

"The index opened sharply higher, and the dive fell back, which is easy to happen."

"And once the index opens sharply higher, it quickly dives and falls back, which will have a considerable impact on market sentiment. The subsequent intraday trend will naturally not be optimistic."

"Conversely, if the index opened slightly higher, there would be no such effect."

After all, the index opened slightly higher, and it will not immediately reach the profit-taking expectations of many profit-seeking orders in the market, and their desire to sell will not be too strong. For off-market funds, the market opened slightly higher, which not only showed the strong state of the market, but also gave them a relatively good follow-up price, and the natural follow-up sentiment and effect will not be bad. "

"In this way, the selling orders will weaken and the buying orders will increase. After the market opens, it will go much better."

"Lijun makes sense." During Zhao Lijun's analysis of the opening of the index, Su Yu nodded slightly, agreeing, and then said, "In terms of the current market situation, it is indeed more beneficial for the index to open slightly higher than to open sharply higher. The subsequent interpretation of market conditions is also more conducive to today’s subsequent intraday trend.”

"But according to the relatively aggressive market sentiment in the current market..." Li Meng said, "The moment the market opens, it should be the high point of the market sentiment throughout the day. It is impossible for the index to restrain itself and get out of the trend of opening slightly higher, right? "

"It's really impossible." Su Yu said, "This requires us to manually suppress our emotions."

"How?" Li Meng asked subconsciously.

Su Yu thought for a while and said: "The core focus of the current market is still the two core market lines of 'infrastructure' and 'state-owned enterprise reform'. As long as the opening sentiment of these two main lines is suppressed, the opening sentiment of the entire market will , will naturally appear relatively restrained."

"We have a bargaining chip of 100 billion in the two main areas of 'infrastructure' and 'state-owned enterprise reform'."

“借助着9点15分到9点20分这5分钟可以撤单的集合竞价时间，制造一波较大的市场抛盘压制情绪，并不困难。”

"Of course, don't press too hard."

"After all, the market's confidence and sentiment have not yet fully recovered, and the pressure is too strong, causing the bullish sentiment on and off the market to directly collapse. This is not what we want."

"Understood!" Li Meng nodded.

Immediately, according to Su Yu's instructions, he explained to the traders in the trading room.

With the communication and preparation of everyone, the time also passed by 9:15, and the call auction between the two cities began.

I saw that the stagnant disks in the two cities began to jump. Nearly 2000 stocks in the entire market, nearly 93% of the stocks, jumped to the red market in an instant, showing a pattern of opening higher and rising.

At the same time, the concept sectors of the two main areas of 'infrastructure' and 'state-owned enterprise reform', which have attracted the attention of the majority of investors in the market, as well as the industry sector, directly jumped to an increase of more than 1.5%, and the popular core in the field Stocks opened sharply higher, showing an extremely strong trend.

Among them, many leading stocks with the highest attention from market investors...

Such as Shibei High-tech, Beixin Road and Bridge, Shanghai Sanmao, Shanghai Steel Union, Shanghai Construction Engineering, Waigaoqiao, Huaguo China Railway, Huaguo MCC, Huagong International, Gaoxin Development, Gemdale Group, Kumho Group, Huaxia Xingfu, Bayi Iron and Steel, Wuhan Iron and Steel Co., Ltd. and other stocks opened higher by more than 3%, leading the two markets to rise.

In particular, the two stocks, Beixin Road Bridge and Shibei High-tech, directly opened with a one-word daily limit. On the market, more than 7 lots of orders were rushed to raise funds.

Seeing the high opening of the two cities, everyone in the trading room was somewhat surprised.

"It's now, put your chips up." Su Yu saw that the market was at a high point of emotion, and it really opened sharply higher, so he couldn't help but quickly ordered the traders.

And following his orders...

The traders in the entire trading room quickly began to tap the keyboard, quickly placing orders to lower the price.

Immediately afterwards, amidst the crackling sound of the keyboard, about half a minute passed, that is, when the time scrolled to 9:16.

Market investors are concerned about the 'infrastructure', 'state-owned enterprise reform' two core areas of the main line.

For many popular stocks that opened higher, the selling orders on the market began to increase rapidly.

"Hey, it's weird, everything was normal just now, why now, such as Huaguo China Railway, Huaguo MCC, Huagong International, Huaguo Baosteel, Wuhan Iron and Steel Co., Ltd., and even Beixin Road and Bridge, Shibei High-tech, etc. On the stock market, selling orders began to increase in an instant?"

Sensing the abnormal performance of many stocks on the disk, some people raised questions among the retail investor groups in the originally excited and optimistic market.

"It's obvious that the profit-making chips are being thrown!"

"I know that the profit-making chips are being thrown, but why are they being thrown so hard all of a sudden?"

"It has reached the profit expectation, what's so strange about it, isn't it normal to sell and buy?"

"It's normal, but judging by the situation, the main force on the floor feels a little disapproving of the stock price performance at this position. Are we all too optimistic?"

"'Infrastructure' and 'state-owned enterprise reform', the two core lines of the market, have risen a lot recently, and there are some differences. Is it normal? Don't make a fuss!"

"Divergence is good, so I have another chance to buy."

"Hey, the sell-offs are still increasing. Many popular stocks, as time goes by, the increase will go down!"

"This trend... feels a bit lower than expected!"

"There are 2 sell orders on the daily limit of Beixin Road and Bridge, and less than 1.6 closed orders. I feel that the one-word daily limit must not be sealed, and the board must be opened."

"Beixin Road Bridge, as the leader of the two cities, can't be sealed. It seems... I think we have to be more cautious."

"Big A rarely has a trend of opening high and going high. I also think it is prudent to wait until after the official opening. Compared with chasing high and being buried when the situation is not clear, it is obviously more important to buy after the situation is clear. better."

"Hey, it seems that the market has not completely turned around in a weak state. Really... Big A really can't open too high, otherwise it will be easy to face."

"'Infrastructure' and 'state-owned enterprise reform' are the two core mainlines. The increase in call auctions has fallen back. It shouldn't be easy for other concept sectors to hold on, right?"

"That's for sure. If the leader can't hold on, it's even less likely that the marginal stocks will hold on."

"Hey, I thought it would open sharply higher, and the index hit a new high at the opening. Looking at the situation... I'm afraid it would be good if it didn't open lower!"

"Open low? Not so!"

"Such a good mood, at least there is a slight rise, right?"

"Yes, there should be no problem opening slightly higher. After all, although the selling of many popular stocks is increasing, the strength of the bulls on the market is not weak."

"Differences are a good thing. Only by changing hands fully can we go up better."

"Let's wait and see after the official opening. We'll wait and see."

"Wow... The Beixin Road Bridge really opened up, but it still didn't hold up."

"At this moment, except for the resumption of trading stocks that are favorable for reorganization, the two markets naturally change hands with daily limit, and none of the checks still maintain the form of one-word daily limit."

"The two cities opened higher and have obviously fallen back!"

"Hey, the individual stocks that opened higher, from about 9% at 15:93, have now fallen back to 82%."

"It feels like it will continue to fall!"

At the moment when the majority of retail investors pay attention to the market trend, their expectations and emotions gradually drop, and at the same time, they become hesitant to operate.

At 9:18, in Shanghai, inside Zexi Investment, in the trading room.

Zhou Kan, the fund manager, was also a little surprised when he saw such a market change, and said, "It's really unexpected that the market is still going down with such a good mood!"

"It's nothing strange!" Beside Zhou Kan, Xu Xiang, who was also watching the changes in the market prices of the two markets, laughed, and then said, "Someone deliberately suppressed the market, and there is no problem with the market trend."

"Someone deliberately pressed the plate?" Zhou Kan was startled, his eyes were puzzled, and he didn't quite understand.

Xu Xiang glanced at him, then pointed to the market changes on the big screen in the trading room, and said, "Pay attention to the main changes in the market and see if the main selling pressure comes from the 'infrastructure' and 'state-owned enterprise reform'. There are many popular stocks on the two core lines."

Following Xu Xiang's words, Zhou Kan observed carefully and found that it was really the case.

"It seems to be the case." Zhou Kan nodded in response after observing.

"Think about it again, who are the main core and main holding institutions for these popular stocks?" Xu Xiang asked with a smile.

Zhou Kan looked startled, and hurriedly responded: "Boss, you mean... this is Mr. Su from 'Yuhang Investment', deliberately suppressing the market?"

Xu Xiang nodded slightly, and responded: "There should be nothing wrong!"

"Why?" Zhou Kan didn't quite understand, "He is the biggest main force in the two major market core lines of 'infrastructure' and 'state-owned enterprise reform'. Is it beneficial? Why do you want to press your own plate?"

"This is his brilliance!" Xu Xiang said with emotion, "You should understand the truth that market conditions change too much, right? Emotions are too intense and won't last long, and the relative position of the market at this moment, compared to one The position a month ago is not low, and the profit accumulation is not too small."

"If at this time, the index is allowed to open sharply higher, a wave of exhaustion will exhaust the entire bullish sentiment that has recovered from the holiday."

"Under the relatively heavy profit-making selling pressure, it is difficult for the market to pursue and follow the trend of various incremental funds in a short period of time to undertake."

"So, take advantage of the call auction to properly dampen the fiery emotions in the arena."

"On-site selling funds and off-site follow-up buying funds are relatively less intense. In a relatively moderate trend, only by slowly and continuously changing hands can we better adjust the bargaining chip structure on the site and enable the market to move forward. farther."

"Of course, I guess...he doesn't really want to sell chips."

Speaking of this, Xu Xiang glanced at the time in the lower right corner of the big screen showing market changes, and said firmly: "What he wants to suppress is only market sentiment, not the real long-short selling power inside and outside the market, so... At 9:20, when the call auction in the two cities shifted to the stage of irrevocable orders, he will inevitably withdraw orders on a large scale."

And as he spoke.

At this time, the trading time has passed 9:19 and is rapidly approaching 9:20.

Immediately afterwards, when Zhou Kan's eyes fell back to the rapidly changing trading surface of the two cities again, he saw that, as Xu Xiang said, the two core areas of 'infrastructure' and 'state-owned enterprise reform', such as Huaguo China Railway, Huaguo MCC, Huagong International, Huaguo Construction, Beixin Road and Bridge, Shibei High-tech, Waigaoqiao and other "Yuhang" funds heavily held by the popular stocks in the two cities, the backlog of selling on the market is rapidly plummeted.

Finally, when the time entered 9:20.

The popular stocks in the main lines of 'infrastructure' and 'state-owned enterprise reform' that had seen a lot of heavy sell-offs before, the pressure on the market eased instantly, and the gains also rebounded quickly from the low point of falling again.

And as the market trend of these popular leading stocks turns...

The various off-market funds who were hesitant and cautious before tried to follow up again!