The investment era of rebirth

Immediately afterwards, driven by many popular stocks.

Within a few minutes, the Shanghai Index continued to climb higher, once again broke through the 2260-point mark, and refreshed the intraday high to 2264.49 points, and the increase also reached 2.01%.

However, after the rapid rise, when the bullish sentiment accumulated in the noon was exhausted, the index slowly fell back from the high point under the short-term heavy volume, but it fell back to the position at the noon closing time in about 10 minutes, and at the same time... After the market's time-sharing energy exploded rapidly, it also began to gradually decline, and there was a trace that the market's undertaking energy could not keep up.

"I feel that the strength of the bulls in the market is still short of breath!"

Seeing that the time-sharing energy began to gradually deplete after the rapid explosion in the afternoon, at this moment, within the Xinniu Fund Company and the fund trading room in Shenzhen Stock Exchange, Mou Zhengxing, the fund trading team leader frowned slightly, and said, "Manager, look at this ...The index has to go up and down again!"

"Hmm!" Beside Mou Zhengxing, Fang Xinsheng, who was staring at the big screen in the trading room, nodded slightly, "The market volume was too heavy in the morning, and it's normal that the market volume can't keep up in the afternoon. After all, it takes time for confidence and emotions to follow up. Fermentation, the expansion of incremental funds outside the market also needs time to increase slowly, and it is impossible to reach the designated position in one step. In such a situation... the index will rise and fall after the concentrated explosion of volume energy, which is normal."

"Then...do we need to temporarily stop the profit part of the chips?" Hearing Fang Xinsheng's words, Liu Xin, the general manager, hurriedly answered, "How about... stop the profit part of the chips first? Our wave, in the 'infrastructure' and 'state-owned enterprises' The two core main lines of "reform" have made a lot of money."

Under Fang Xinsheng's management, Xinniu Fund Company's main product 'Manniu No. 1' fund, it can be said that when the two major market core lines of 'infrastructure' and 'state-owned enterprise reform' were just launched, they followed up heavily , so far... Although the profit margin is not as good as that of the 'Yuhang No. 1' and 'Yuhang No. 2' funds managed by Su Yu, they have also earned 99 to [-] percent, exceeding [-] percent of the market. investor group.

Now, Jian Fang Xinsheng said that there is a high probability that the index will rise and fall.

In addition, Liu Xin observed through the disk that a large number of popular stocks in the main line of "infrastructure" and "state-owned enterprise reform" that they have heavily involved in are indeed somewhat heavy and stagnant today, so he instantly moved to stop profit.

After all, if the floating profit in the account cannot be transformed into real profit, it is just a number.

What's more, he doesn't think that the market can really start a big bull market here.

Therefore, since the market still can't get rid of the turbulent market pattern, the short-term profit margin of [-] to [-]% is really enough for him.

Fang Xinsheng glanced at Liu Xin, was silent for a while, and said: "Mr. Liu, although there is pressure in this position in the market, there is no great risk. The market has a strong sense of hierarchy today. It is too big, there is such a hidden danger, but the sentiment of the whole market, the overall profit-making effect, etc. are still very strong. I guess... the index will not fall much, and even if it is adjusted, it will be maintained. Relatively strong high volatility situation."

"And after this violent shock adjustment..."

"If the two main lines of 'infrastructure' and 'state-owned enterprise reform' can develop further."

"With the further improvement of the market's long-term sentiment and the further improvement of the overall profit-making effect of the market, the rate of inflows of off-market incremental funds into the market will definitely gradually accelerate. If the speed is gradually accelerated, then the trading order situation in the market will naturally quickly reverse, resulting in further breakthroughs in the market and the index.”

"I can feel……"

Fang Xinsheng paused for a moment, and then continued: "The main rise of the two core main lines of 'infrastructure' and 'state-owned enterprise reform' has not yet arrived. We are reducing positions and taking profits at this time. Many of us have picked up sesame seeds and lost watermelons. Meaning, it’s a bit too early, and...we currently have the cost advantage of holding positions. Even if the subsequent market does not develop in the direction we expected, then when the index falls below the support of 2200 points again, we will take profit again. , It is completely in time to change the investment strategy.”

"Well, I agree!" Mou Zhengxing replied, "I agree with what Manager Fang said, and I also think that the two core themes of 'infrastructure' and 'state-owned enterprise reform' have not reached their selling point in the current position."

Liu Xin thought for a while, and felt that what Fang Xinsheng said made sense. After a moment of silence, he nodded slightly and said, "Okay, since you both think so, let's take another look."

Regarding the performance of the company's fund products, although he has ambitions, his ambitions are not great.

In addition, he knows that he is far inferior to Fang Xinsheng in terms of market analysis, investment decision-making, and ability to judge buying and selling points, so... usually, when his opinions disagree with Fang Xinsheng's, he can still listen to Fang Xinsheng Suggestions, and give the other party enough autonomy to make decisions.

"However..." Mou Zhengxing paused, and then said, "Manager, today's two major market core lines of 'infrastructure' and 'state-owned enterprise reform', the leading popular stocks, almost all began to increase in volume and stagflation, and the performance of the market is far from that of many low-level edge stocks. What’s going on with concept stocks? I always feel that the active funds in the market today are a bit chaotic.”

Seeing that Mou Zhengxing was puzzled, Fang Xinsheng smiled and said, "What's wrong? It's just that the popular stocks in the early stage touched the relatively heavy pressure plate position above, and the active funds on the market temporarily chose to switch between high and low within the sector. On the whole, The market is still unfolding around the two core main lines of 'infrastructure' and 'state-owned enterprise reform', and the main line of the market has fermented more profoundly, and the support has become stronger."

"If nothing unexpected..."

"When the high-low switch in the sector is completed, in the two main lines of 'infrastructure' and 'state-owned enterprise reform', a group of low-level concept stocks will make up for this wave of stock index rebound from the bottom. Part of the funds will be returned to the leading and popular stocks in the early stage."

"As for the leading and popular stocks in the early stage, in this high-low switching, the volume stagnates and fluctuates violently."

"It will also complete the chip exchange of the entire board in a disguised form, and reorganize the internal chip structure."

"When the chip exchange of these core popular stocks is completed, the adjustment of the internal chip structure is completed, plus the active funds that will return at that time."

"Then I can fully expect the main rising market that I expected."

"It is estimated that that is the real harvest moment in our current round of investment."

"Therefore, temporary market adjustments and temporary discrepancies are not a bad thing. Only major discrepancies can produce a relatively large market."

"Understood!" Hearing Fang Xinsheng's analysis, Mou Zhengxing understood completely.

Seeing that the confusion in his eyes dissipated slightly, Fang Xinsheng couldn't help nodding in relief, and then turned his gaze back to the two markets that were trading.

I saw that after their brief exchange...

The market trading hours have already spanned to 1:24.

The trend of the index rising and falling has also become very obvious under the gradual exhaustion of the time-sharing capacity. Among them, the Shanghai Index has fallen back to around 2250 points during this period of time, and the Shenzhen Index and the ChiNext Index have already fallen. fell below the 1% gain position.

As for the opening in the afternoon.

The two main lines of 'infrastructure' and 'state-owned enterprise reform' that have risen rapidly have many popular stocks.

At this moment, all of them have left an extremely large-scale peak trend on their time-sharing trading charts, and there is a pattern of stock price peaking.

"I'll go, what's going on, just chase after me?"

Seeing that many popular stocks have retreated and fallen one after another, among the retail investors in the market, those who have just chased after the opening of the market, their hearts tighten for a moment, and they feel something is wrong.

"Is the main force just staring at my chips? When I buy it, it falls, and when I sell it, it goes up!"

"Holy shit, the retreat is so fast, hey... I really shouldn't chase the high. Sure enough, the market performance should not be too high."

"I'm speechless, why can't I break through the 2260 mark?"

"The trend was so strong before, how could it...become so weak again?"

"Isn't it funny? I was caught at the highest point in the market again!"

"Won't the index fall back to the position at the beginning of the day? Then I will be miserable!"

"Won't the Shanghai Stock Exchange still have to go back to the 2200-point support position? I feel that this trend... is not good! The buying in the market has been suppressed by the selling."

"Hey, you shouldn't have too high expectations!"

"There is still a big difference. It seems that the Shanghai stock index cannot surpass the 2% increase today."

"I hope that Beixin Road and Bridge can be stabilized, and the daily limit is sealed until the close. Don't blow the board, otherwise... the next hour or so of trading time, I am afraid that the market trend will be even worse."

"What's the matter? Why did the index suddenly drop back after such a large amount of energy exploded at the beginning of the afternoon?"

"It's just that the amount can be placed too much, and there will not be so much incremental funds to take over the market at a high level in the future, so the index will dive and fall, okay?"

"Looking at the time-sharing energy trend on the disk, it seems to be true!"

"Don't panic, this kind of adjustment will not go anywhere, and it will definitely close in red today."

"Let's jump, jump again, so that I can continue to increase my position, I don't believe it, Mr. Su has tens of billions of chips in the field, and this wave of market rebound will end here?"

"It shouldn't be too long before the rebound is over, but this position is estimated to be fluctuating for a while."

"Let's take profit and half position first. I feel that the index will step back to 2200 points. At that time... when it steps back, it is the real buying point to increase the position. It feels a bit too early to follow up the position now."

"Hey, I feel that the index is between 2250 points and 2240 points, there is a lot of support, and it will not fall again!"

"The divisible energy continues to decay."

"As long as the Beixin Road Bridge can be stabilized, there shouldn't be a big problem."

"The turnover of the two cities has exceeded 950 billion! I feel that the turnover of the two cities will hit a new high this year."

"Large-volume stagflation should be a short-term top feature, right? Forget it... I have already earned nearly 13% of Lilan, so I will reduce my position here first. The Lilan in my hand is the real Lilan."

"It depends, I always feel that this should not be the top."

"More than 2200 points, I really don't know what you are afraid of? It's not 3000 points!"

"Fear of heights is a hard life. Let me say this... After a short-term adjustment, the index will definitely rebound to new highs, and the market of the two core market cores of 'infrastructure' and 'state-owned enterprise reform' is definitely not over. "

"I hope! I am the tallest today, and I can't sell it even if I want to sell it at this moment."

"I hope that on today's after-market dragon and tiger rankings, Mr. Su will still lock up positions. Confidence... At this time, the market needs enough confidence to continue to rise."

Amidst the huge divergent discussions among many retail investor groups...

Many investors are in a state of anxiety, hesitation, nervousness, and anticipation.

At this moment in the magic city, inside Yinghui Fund, in the internal trading room of the 'Yinghui No. 1' fund product, fund manager Liu Guanhai watched the violent market changes, and couldn't help but frowned, and said anxiously: "What the hell? Yes, it’s not so unlucky, is it? Just after a large adjustment of positions to follow the two main lines of ‘infrastructure’ and ‘state-owned enterprise reform’, the market of these two main lines has reached its peak?”

Today's market volume can explode significantly, but the mainline market has shown obvious stagflation.

This made his heart, which was full of confidence, instantly become agitated.

After all, he thought of the funds of the 'Yuhang Department' in the field, but he had a heavy position of 100 billion chips in these two main line areas. If the other party took profits here and sold them out on a large scale, then he would increase his position and buy on a large scale at this time. , That really became a takeover of the offer.

"Shouldn't it?" After thinking about it, he frowned even deeper.

"Mr. Liu, shall we continue to increase our positions?" Seeing Liu Guanhai's hesitation, Yu Lei, the trading team leader, couldn't help asking.

Liu Guanhai paced back and forth in the trading room, pondered for about ten seconds, and then replied: "Xiao Yu, what do you think? Today's market is heavy and stagnant. Is it a risk signal?"

Yu Lei thought for a while and replied: "I don't think it should be so. On the whole, the upward trend of the Shanghai Index has not changed, and the moving averages have just turned upwards. No matter technically, financially or emotionally, they are all supportive. If the market continues to rebound, there should be... there is still room to go up!"

"but……"

Yu Lei paused, and then said: "Today, the two major market core lines of 'infrastructure' and 'state-owned enterprise reform', many popular stocks in the early stage, especially the stocks with large-scale holdings of the 'Yuhang Department', have indeed seen heavy volume. A clear sign of stagflation, which feels a bit odd."

"According to the overall position size of the 'Yuhang Department' funds on these two main lines, as well as the cost of holding positions."

"If Mr. Su of 'Yuhang Investment' chooses to reduce his position and take profits here, he has to consider the risk of suppressing the continuous upward trend of the two main lines. At the same time, Mr. Su's seat on 'Wealth Road' It also has a great impact on the sentiment of retail investors in the market, if the other party's seat appears on the sales list of the dragon and tiger list, the consequences are really hard to predict."

"In short, from the analysis of the disk, there is a high probability that the two main lines of 'infrastructure' and 'state-owned enterprise reform' still have market space."

"It's just that there are potential risk points."

"Okay!" After listening to Yu Lei's analysis, the worry in Liu Guanhai's heart not only did not subside, but became more intense, he waved his hand and said, "Then stop Masukura first, let's see and talk..."

Seeing that Liu Guanhai gave up his originally planned trading strategy, Yu Lei felt a little disappointed. He was silent for a few seconds before nodding his head in agreement, and then gave instructions to the traders.

At the same time, the other side of the same company is in the trading room.

Shao Xiaoyun, who is in charge of the 'Yinghui No. 2' fund, stared at the ever-changing market of the two cities, pondered for a while, and felt the approach of the risk point, and had a strong desire to reduce positions and stop profits, and turned to his subordinates without hesitation. Traders issued orders to sell.