The investment era of rebirth

Chapter 401 Before the bad luck hits the ground!

"Boss, in this position, the risk of us continuing to chase positions is not small!"

While Shao Xiaoyun was yelling 'buy', Liu Changling, the trading team leader, couldn't help reminding: "It's better to wait for the Shanghai stock index to break through 2500 points and confirm the bull market trend before making a move? After all, this is not an opportunity on the right side. Whether it can completely break through 2500 points is still unknown!"

"The Shanghai stock index has risen for ten trading days in a row, and it is a complete bullish trend in terms of volume, market technology, and news." Shao Xiaoyun responded, "According to this sentiment and trend, once the index exceeds 2500 points, it will be a bullish trend." Going straight to 2600, 2700 points, it won't stop at all."

"Don't talk about the bottom when it falls, and don't talk about the top when it rises. Now I really understand the meaning of this sentence."

"Guessing the top and bottom is stupid."

"Now that the market trend tells us that the direction is upward, according to the trend investment theory, the more you hesitate, the more opportunities you will miss. We have missed it once before, and now the market trend is obviously stronger than we expected. Why can't you correct your mistakes and correct your trading strategy in time?"

"The trading process is originally based on the market's reaction and trend, to carry out continuous strategy revision and opportunity selection."

"Now that the market has given a signal, there is no reason for us not to follow."

"Okay, Xiao Liu, let's execute it. The upward trend of the market has begun to accelerate. Believe me, within three days, we will definitely see the stock index hit 2500 points officially, and there is no doubt that in the process of the stock index hit 2500 points Among them, 'infrastructure' and 'state-owned enterprise reform', the two most popular core lines with the strongest future expectations, are definitely the number one pioneer sector that leads the index to break through, and the market trend will not be bad."

According to the market trend during this period, the two core themes of 'infrastructure' and 'state-owned enterprise reform', as the vanguard of the market, have basically been deeply rooted in the hearts of the people, and from the perspective of the growth rate and trend of each sector, there is an upward breakthrough trend , is also the strongest.

Therefore, Shao Xiaoyun also has reason to believe...

When the Shanghai stock index hits the 2500-point mark, these two core main lines, under the influence of extremely high sentiment and a large amount of follow-up funds, will definitely be able to maintain the trend of "the strong will always be strong" and continue to lead the market.

Seeing that Shao Xiaoyun insisted so hard that he couldn't listen to his own opinion at the moment, Liu Changling couldn't help but sighed softly.

After that, he still issued trading instructions to the traders, and executed Shao Xiaoyun's trading strategy without hesitation.

And when Shao Xiaoyun ordered Liu Changling to execute the order to increase the position and regain the bargaining chips for the previous reduction, inside Yinghui Fund Company, in the trading room on the other side, that is, in the trading room of the "Yinghui No. 2" fund, Liu Guanhai, the fund manager, Staring at the rapidly advancing bull market trend in the two cities, and then glanced at the extremely unbalanced positions in the fund account, as well as the remaining funds that had not dared to increase their positions before, he couldn't help feeling anxious, and ordered the trading team leader Yu Lei: "Xiao Lei, it seems that the principle of 'the strong are always strong' is indeed the truth of the market. The two main lines of 'infrastructure' and 'state-owned enterprise reform' are really powerful. Before... we really shouldn't hesitate and be conservative. "

The day before yesterday, the market fluctuated violently, showing signs of peaking.

As a result, their entire fund hesitated to adjust their positions, and did not follow up in time.

After the market opened higher yesterday, the volume was insufficient, and the market fluctuated lower, which exacerbated this worry in their hearts. However, they didn't know that the past two days were purely high-level shocks. Today, the market has broken through in an all-round way , As a result, they missed opportunities to adjust and increase their positions time and time again. On the two main lines of the most core 'infrastructure' and 'state-owned enterprise reform', their positions are still seriously insufficient.

"The two major market trends of 'infrastructure' and 'state-owned enterprise reform' are indeed extremely powerful. All adjustments have basically been completed within a few days. Now... looking at the direction of the market, the entire main market has obviously changed from divergence to consistency." Yu Lei responded, "In particular, Beixin Road and Bridge, a leading stock in the two cities, has gone out of the nine-linked board trend. From the bottom, it has increased by almost three times. The hype is simply outrageous. It feels similar to last year's Shanghai stock market. The trend of Ganglian's check is basically the same, and it has become a big demon stock."

"That's right!" Liu Guanhai sighed softly, "We really missed a good opportunity, but... there should be time to correct it now."

Yu Lei was a little surprised when he heard Liu Guanhai's words, and responded, "Mr. Liu, are you... wanting to increase your position in this position?"

"Why, can't you?" Liu Guanhai stared at him and asked.

Yu Lei pondered for a while, and responded: "Although the market is indeed accelerating its breakthrough, it is still unknown whether the Shanghai Stock Exchange Index can really stand firm at 2500 points. If the Shanghai Index fails to stand at 2500 points, there may not be room for upward movement." How much, we increase our positions at a high level at this time, the risk is not small!"

"Is the risk of increasing positions in the first two days small?" Liu Guanhai asked rhetorically.

Yu Lei replied: "From the analysis of the market trend of the day, the risk is not small."

Liu Guanhai laughed and said, "Then it's over? The financial trading market is always uncertain, and risks will exist at any time. Now that the Shanghai Stock Exchange Index breaks through 2500 points, there is indeed a lot of uncertainty, but judging from the current situation Analysis, the upward trend of the market, changes in the volume of the main market, market news, sentiment, and even peripheral market trends, are all positive in the short and medium term!"

"If we continue to do this at this time, we will do nothing."

"Then if the Shanghai stock index breaks through 2500 points in one fell swoop and continues to advance, then we will face the risk of chasing higher positions in a higher position."

"Also, the performance of our fund has lagged behind in the first quarter of this year."

"If we can't catch up in the second quarter, and there are obvious deviations in the position and investment direction, it will not only be difficult for us in the company, but it will also be difficult for investors to explain!"

As the manager of the company's main fund products, the performance of the fund continued to underperform the market.

Liu Guanhai was under a lot of pressure.

This also caused him to be unable to calm down completely at this stage, and his grasp of buying and selling points dropped sharply. He even couldn't help but take risks and put all his positions in the main market fields of 'infrastructure' and 'state-owned enterprise reform'.

Yu Lei heard Liu Guanhai's analysis and remarks, and knew that the entire fund trading team was under great pressure, and from the analysis of the market, emotions, and capital capacity, the two major market trends of 'infrastructure' and 'state-owned enterprise reform' were indeed at the moment. There is no sign of any decline, and the upward trend in the market is still continuing. Although there is still uncertainty in the trend of the Shanghai Index breaking through 2500 points, according to market expectations, the probability of breaking through is not small, so... these factors are left and right, Liu Guanhai chose to increase the warehouse here, although the location is not very good, but it is not wrong, so he couldn't help thinking for a moment, then nodded slightly, and carried out Liu Guanhai's order to the letter.

And with the execution of the order, with the addition of tens of millions of funds, they continued to pour into the market.

At this moment, the main line sectors of 'infrastructure' and 'state-owned enterprise reform', which have already surged across the board, have further increased in volume, and related popular stocks continue to riot.

At 11:08, Huaguo Construction rose by more than 7%, and the turnover exceeded 8 million.

At 11:12, Huaguo MCC closed its daily limit again, and the indexes of the two major infrastructure core industry sectors of 'building materials' and 'building decoration' rose by more than 4.5%, siphoning tens of billions of funds from the market.

At 11:15, Kumho Group closed its board, its market value exceeded 380 billion, and the real estate sector index rose by more than 3.5%.

At 11:20, the Shanghai stock index broke through to 2475 points in one fell swoop, an increase of nearly 2%, and continued to set a new high for the year and a new high for this round of rebound. Similarly, the Shenzhen Stock Exchange Index and the ChiNext Index also followed suit. The daily limit stocks in the two cities approached 60. The profit-making effect of the market has reached the extreme.

At 11:25, more than 10 stocks in the market's core concept of 'state-owned enterprise reform' rose by the limit, and 20 stocks rose by more than 5%.

At 11:30, the two cities ushered in the noon closing, and the market conditions were frozen. I saw that the Shanghai Stock Exchange Index closed at 2476.79 points, up 1.89%, the Shenzhen Stock Exchange Index closed up 1.63%, and the ChiNext Index rose 1.69%. The transaction volume was 789.36 billion, which continued to increase significantly compared with the previous period, and the transaction volume of the two core areas of "infrastructure" and "state-owned enterprise reform" accounted for nearly one-third of the market.

Facing such a hot midday closing situation...

The majority of investor groups in the market can be described as very excited and excited. On the Internet stock forums, for a while, there are an endless stream of investor groups who post about the profits of their holdings, the rate of return during this period, and the return of their capital.

And these screenshots, as well as the extremely optimistic remarks of every investor.

All of them are rapidly affecting the light positions on the market, or the potential investors who are jealous outside the market and want to enter the market, affecting their investment decisions and trading strategies.

Similarly, various financial websites, social platforms, institutions, and hot money internal communication groups.

Financial media, financial big V, institutional analysts, well-known hot money... and other investment groups are facing the market's overwhelming momentum at this moment, facing the 'infrastructure' and 'state-owned enterprise reform'. Reasonable all-round rioting is also expected, and I am eagerly waiting for the Shanghai stock index to break through further and win the important position of 2500 points, which is a watershed between bulls and bears.

However, in such extreme mood swings, the voice of the bull market is about to form a torrent.

Between the undercurrents.

The news about the "restart of the market after IPO adjustment" began to leak from the inside of the regulators, and gradually leaked to the outside. Many top investment institutions, people with strong market news and intelligence, and people with well-connected connections began to faintly to get some wind.

"President Su, the news has been confirmed. On the 18th of this month, the IPO market will restart again." At 12:45 noon, after Su Yu finished his meal and returned to the trading room, Lin Antu, director of the company's market intelligence department, hurriedly reported and handed He published a copy of his document report, “The expected restart time of this IPO is earlier than everyone expected in the market, but some reforms have been made in terms of issuance scale, issuance valuation, and new rules for subscription of new shares, such as Market expectations have changed a lot, and it is estimated that it will bring some uncertainty to the market direction.”

Su Yu took the copy of the report in Lin Antu's hand, glanced at the internal information he had inquired about, and although he had already expected it in his heart, he still sighed slightly: "The leaders of the supervisory level are too anxious , In fact, wait a little longer until the Shanghai Stock Exchange Index stands firm at 2500 points, completely activate the confidence and sentiment of investors outside the market, and then restart the IPO, and it will be better to open up the direct financing link in the market.”

"Several high-level economic meetings at the beginning of the year all said that we should increase the construction of the domestic financial market, give full play to the direct financing function of the stock market, and better contribute to the macroeconomic construction." Li Meng continued, "I estimate that in the face of The long-term accumulation of the problem of "listing barrier lake" and the pressure on the leaders of the regulatory authorities are also extremely huge, so...even though the market has just improved, and market sentiment and confidence have not fully recovered, they have to restart at this juncture An IPO is planned."

"There are also reasons why domestic excellent companies are going overseas to list, right?" Zhao Lijun in the trading room thought for a while and said, "I see that many people in the domestic investment circle are complaining about our domestic listing system. Excellent companies cannot be retained, and this time Ali Baba landed on the US stock market, everyone has a very heated discussion on domestic and foreign listing systems.”

"Each has its own ecological environment and development path." Su Yu said, "The national conditions are like this, so there is nothing to criticize, but this news... should cause an earthquake in the market in the afternoon."

Li Meng replied: "No way? After all, it's just gossip, and it's not yet confirmed. The big funds that get inside information may run ahead of time, but the majority of retail investors who are eager to follow the trend, and the news is not so sensitive. Funds from all walks of life should still continue to make orders, and it is estimated that the market will become more volatile in the afternoon, but the upward trend should not be easily broken."

"Even so, this is also the beginning of differences." Su Yu said, "It seems that the hurdle of 2500 points in the Shanghai Stock Exchange Index will not be passed in the short term."

"Then...do we need to increase the sales volume this afternoon?" Zhao Lijun asked.

Su Yu thought for a while, and responded: "Just keep the current rhythm. The real profit should land after the market closes on Friday. Counting today, we still have two and a half days. According to the "infrastructure" and "state-owned enterprises" With the daily turnover of 2 billion to 300 billion of the two core main lines of "reform", it is too late for us to reduce the position by breaking it down into parts. At this time... Before the bad news is clear, there is no need to take the initiative Smash the plate."

"After all, taking the initiative to smash the market will first attract the attention of the regulators."

"Second, with the influence of our institution's trading seats, it will exacerbate market sentiment fluctuations and panic news, which will greatly affect the liquidity of the market, which is not conducive to our exit."

"Furthermore, the current Shanghai stock index is only about 2500 point away from the 1-point mark."

"At this time, the bulls have unanimously expected, and the arrow of the general attack is on the string, and it has to be launched."

"In other words, the unanimous expectation that the Shanghai stock index will hit 2500 points has already formed a siphon effect on sentiment and capital buying on the entire market. Everyone will not give up hitting this point.”

"Therefore, no matter what aspect of analysis we analyze, we still have enough time and opportunity to complete the established goal of lightening positions before the bearish position lands, and there is no need to radically change the trading strategy."

"Understood!" After Su Yu's detailed analysis, Zhao Lijun finally understood, nodded, and stopped talking about speeding up the pace of reducing positions.

At this time, with the brief discussion among the people, the time has quickly moved to 1:[-] pm.

The stagnant market in the two cities was brewing at noon, and under the ferment of various market news, it ushered in continuous trading again, and started to beat violently again.

(End of this chapter)