The investment era of rebirth

Chapter 403 Market 'pendulum effect'!
"Not at all." Xu Xiang said, "Old Qiao's news is usually credible."

Zhou Kan responded: "Then today's data on the Dragon and Tiger Rankings, and the trend reaction, are a bit abnormal, and...the President Su invested by Yuhang really seems to have nothing to do!"

Xu Xiang pondered for a while, and said: "It is estimated that after there was a little rumor, the news was blocked internally, so that the market's expectations in this regard have not changed, let's take a look... Although Yuhang's investment This President Su can still maintain his composure, but the potential bearish suppression in the market will only lead to more and more differences between long and short in the market, and it is not so easy to cross the 2500 points of the Shanghai stock index that everyone had previously unanimously expected."

"Then, should we change our trading strategy?" Zhou Kan asked.

Xu Xiang thought for a while, and responded: "Look at the market trend tomorrow, if the emotions are exhausted and the market divergence increases, then there is nothing to hesitate."

"Okay!" Zhou Kan replied.

In fact, whether it is him or Xu Xiang, they all hope that the index can pass 2500 points steadily before entering the adjustment stage. After all, only in this way can the market further open up the follow-up market space, and the confidence and expectations of investors on and off the market will be fully realized. Bring it up even further.

However, hope is hope, when there are major changes in the news and the differences between long and short in the market are prominent.

As fund managers, they can only follow market changes and make corresponding trading strategy adjustments to ensure the performance of the fund.

Of course, except for asset management institutional investors like Xu Xiang and Qin Qiuyue who secretly received uncertain news.

I am wondering about the follow-up trend of the market and thinking about adjusting my trading strategy.

In addition, 99.9% of the vast majority of investors on and off the market, after seeing the data on the Dragon and Tiger Rankings that basically meet expectations, the bullish sentiment in their hearts, as well as the various market outlooks about the Shanghai Index 2500 points, and even the bull market, are fundamentally irrelevant. There is no recession or hesitation.

Everyone is still extremely excited, looking forward to the stock index continuing to hit new highs tomorrow.

Looking forward to the continuous profit-making effect of the market, we can go further.

"Sure enough, let me just say, Mr. Su will definitely continue to lock up the warehouse, and the wave of Beixin Road Bridge will definitely come out of a space that everyone didn't expect."

"When each round of the bull market starts, the iconic bull stocks have at least 5 times, or even 10 times the space."

"I feel that Beixin Road Bridge is the iconic bull stock that started this round of bull market."

"Moreover, the two core themes of 'infrastructure' and 'state-owned enterprise reform' will definitely be the biggest thematic hype throughout this round of bull market."

"On the monthly K-line of the Shanghai Stock Exchange Index, the golden cross is almost obvious. I feel that this is the first stage of the start of the bull market, and there is nothing wrong with it."

"The 2500 point of the Shanghai stock index will definitely be won this week!"

"Boss Su continues to lock up positions. Beixin Road and Bridge will definitely continue to rise tomorrow. The big demon has become a trend. This check is definitely the biggest bull stock of the year."

"The Shanghai stock index breaks through 2500 points, obviously it has to be driven by the two core main lines of 'infrastructure' and 'state-owned enterprise reform'."

"At this time, you can just buy stocks around the two main lines of 'infrastructure' and 'state-owned enterprise reform'. Making money...isn't too easy."

"Haha...the market has been very good recently."

"Thank you, Mr. Su. I have held the ticket for three years, and I finally got rid of the ticket today, but I didn't sell it. I will continue to hold it until the Shanghai stock index jumps over 2500 points."

"The Beixin Road Bridge that I chased halfway, has earned 5 boards so far, haha... Finally, it's a pattern!"

"Fuck, I made 5 boards, envy! I followed Huaguo MCC, and now I only made about 20% of the profit. Hey... But the trend of Huaguo MCC is not very good today, and the daily limit was smashed. In the afternoon It fluctuated all the way down, and there was only a 5-point increase at the close, and I always feel that it will pull back tomorrow.”

"No, don't worry, the index will definitely continue to fluctuate and rise tomorrow."

"Yes, the Shanghai Stock Exchange Index is only a short distance away from 2500 points, and the current market has such a strong profit-making effect that the trading volume has also risen and basically stabilized at around 1300 billion. It is near the high point of last year's trading volume. In this situation... …I don’t believe that 2500 points can’t be broken.”

"For blue-chip large-cap stocks, it is very difficult to seal the daily limit. As long as the trend does not change, I don't think there is anything to be afraid of. According to the K-line trend of stocks such as' Huaguo Construction, Huaguo Railway Construction, and Huaguo MCC' Looking at it, these core votes will definitely continue to rise.”

"With the 'Nine Articles of the New Country' as the guideline, the regulatory authorities will definitely continue to release positive news to the market, and the external market, judging from the trend of the US stock market, is obviously about to reverse. In fact, the bull market pattern of the US stock market has not changed. It's time for A to follow."

"Before I thought that after the Shanghai Index jumped over 2200 points, it would step back to give a buying point. As a result... I didn't expect the Shanghai Index to go straight to 2400 points. I watched the index and stock prices all the way up, and I didn't have time to buy it. Increase the position at a low level, hey... this time I will never miss the opportunity, I must increase the position, I feel that the position of 2500 points will definitely not be able to stop the Shanghai Stock Exchange Index, and judging by the market trend, it is possible to go straight to 3000 points later.”

"Buy earlier and make money earlier. The more you hesitate, the more you will have to chase higher."

"Boss Su hasn't moved a stock since he finished building a position. It's said that stocks are covered by a bull market. According to Boss Su's trading strategy, the current market is definitely a bull market."

"From around 2000 points, all the way to now close to 2500 points, the whole process has not seen any obvious correction at all. Isn't this a bull market?"

"Yes, yes, it's a bull market!"

"When the Shanghai Stock Exchange Index really stands firm at 2500 points, I want to increase leverage in financing."

"It's better to take it easy in financing, but at this stage, when confidence and market volume have been fully restored, it is really not appropriate to be short."

"I carefully studied the post Mr. Su posted on the forum last year, as well as Mr. Su's public statement on the market at the Investment Exchange Summit on the Oriental Fortune website during May Day, and determined that the current market is There is nothing wrong with a bull market.”

"Stop talking, go raise money, and continue to increase positions at the opening of the market tomorrow."

"At this stage, if you buy something, you earn it, and I have also raised money."

"Holy shit, I'm so excited. I haven't paid attention to the stock market for the past year. Judging by everyone's enthusiasm, it seems that the bull market is really here."

"I hope that Beixin Road and Bridge will continue to board tomorrow, so that I can earn back the money I lost at the beginning of the year and last year. I hope that the Shanghai Stock Exchange Index can stand above 2500 points without hindrance, further stimulating market confidence and opening up room for improvement."

In the voices of intense and fiery discussions among the majority of retail investors.

In the evening, on the surface, the market news was still calm. The financial media, financial big V, analysts of various institutions and even investment consultants were still talking too much, using all kinds of far-fetched logic to prove that the stock index must It was able to cross the bull-bear boundary line of 2500 points. At the same time, the U.S. stock market also opened higher at the beginning of the session as expected, further stimulating the market's long-term sentiment.

Of course, the voices of the bulls swelled the moment around every investor group.

In the hustle and bustle of the 'bull market', it has begun to ferment and spread rapidly.

There are also very few investors who put forward different opinions after in-depth analysis. It's just that this kind of opinion, under the current trend of doing business like a torrent, no one pays attention to it at all, and it can't create any influence.

However, within a small number of large institutions with state-owned backgrounds, among very few investors with excellent connections and intelligence.

Even though the resolution of the internal meeting on the "restart of the market IPO" and the relevant issuance review and purchase policies are still top secret, these people have already smelled it and are quietly making new trading strategies, or some of them Relevant responses have been made in advance today.

Just in this situation where the market is as calm as water on the surface, but secretly, the undercurrent is getting bigger and bigger.

On Thursday, May 5, the market ushered in its second trading day.

Unsurprisingly, under the fiery long-term sentiment in the market and the strong and consistent expectations, at 9:15 in the morning, the moment the call auction of the two cities started, the entire market opened higher. The stocks in the two markets, except for the suspended stocks, , About 83% of the stocks rose in the red market. Among them, the core main line related concept sectors and industry sectors of the two major markets of 'infrastructure' and 'state-owned enterprise reform' still showed the state of leading the two markets.

"Beixin Road and Bridge continued to open higher by more than 5% today despite the huge daily limit yesterday, and Beijiang Communications Construction even opened higher near the daily limit." At this moment, Yuhang, within Yuhang Investment Company, the fund In the trading room, Li Meng stared at the initial call auction situation of the two cities, and was a little surprised, "Yesterday the market had a clear trend of rising and falling, and there was no good news that exceeded expectations at night. Today's opening, the market can still open With this, the market sentiment and expectations at this time are really strong!"

"In the upward stage of the consistent trend, there is no bad news, but good news." Su Yu also stared intently at the big screen in the trading room, observing the market trends of the two markets, and responded, "In the case of extremely strong market sentiment and expectations Now, the vast majority of investors do not have clear self-judgment ability, they will only hear and see what they want to hear and see in the biggest noise in the market.”

"At the same time, after emotions are gathered together, they have an amplifying effect."

"That is to say, in the overall bullish sentiment, the positive impact will be amplified, while the negative impact will be intentionally ignored. Similarly, in the overall bear sentiment, the negative impact will also be fully amplified, while the positive impact will be ignored. will be intentionally ignored, and there is... as long as you pay attention to this market and trade in this market, in fact, everyone has a certain cognitive barrier. What you don’t want to see is often ignored.”

"Hmm!" Li Meng replied, "Is this the basis of the trading theory of 'When you hold a hammer, all you can see is nails'?"

Su Yu smiled and said: "Almost, this emotional and cognitive relationship is also the root of the 'pendulum effect' in the market. Similarly, it is also the source of excess profits in the market. It’s a really great place to buy and sell.”

"It means that today is the best selling point?" Li Meng responded with a smile.

"That's right!" Su Yu nodded and continued, "As time goes by, the bad news on the news will definitely become more and more obvious, and in the process, the market is still going up, which means that the market The profit-making orders in the market are still increasing, and these are the potential huge selling forces after the wind direction changes."

"In other words, the market continues to rise over time."

"It seems that market sentiment and confidence are getting stronger and stronger, but in fact, the long-short pattern has been slowly reversed."

"Of course, this is a short-term selling point, but not a long-term selling point. After all, from a macro perspective, everything in the market is slowly improving."

"It's not only a selling point, but also an excellent opportunity to adjust positions!" Li Meng understood Su Yu's meaning, paused for a while, and continued to ask, "You estimate that the bad news on the news will land, and the long and short forces in the market will quickly lose balance. Where will the downward rapid correction be? Should it step back to 2200 points, or fall back to the bottom shock range between 2000 points and 2200 points?"

Su Yu thought for a while and said: "It is estimated that the probability of 2200 points will be higher. After all, the 'IPO restart' is not good. For the majority of investors in the market at this time, although it is a bit sudden, it is not completely beyond expectations. , because everyone knows that the IPO cannot be suspended forever, and it must be restarted, so when this major negative is truly digested, the market will usher in new opportunities instead.”

"There is also the new 'IPO review' policy."

"Compared with the issuance plan at the beginning of the year, the regulators have made significant adjustments in terms of the issuance scale and discovery valuation, which have all been reduced. At the same time, they have also adjusted the subscription plan, adjusting most of the proportion of new shares issued to Online subscription, and online subscription requires the market value of the position to match."

"Generally speaking, although the 'New IPO Policy' is bad for the market, its impact is very limited. The blood-sucking effect on the active funds in the market will be greatly reduced compared with the beginning of the year, and the market has gone through more than a month. Over time, both sentiment and confidence have been greatly restored."

"At present, the main constraints on the upward expansion of the market are still the mountain of profit-making orders in the market and the large-scale hold-up orders gathered here in the early stage. Now the hold-up orders in this range should be almost digested. The biggest potential pressure is only There are short-term profit margins left.”

"Just take advantage of the short-term bad news of the IPO restart to wash out these profits."

"After the index was adjusted sharply, the upward pressure became lighter."

"Therefore, the downward negative impact is limited, and the regulatory authorities are eager for a round of bull market to completely open up direct financing channels in the market. Then, under the impact of the negative impact on the market, it is bound to continue to release good news to hedge in the future. Stabilize the hard-won market confidence."

"So, even if the index encounters a negative attack, it is unlikely to fall back to the bottom shock range of 2000 points to 2200 points. The pendulum effect of the market... this time should not be so big."

"I hope!" Li Meng stared at the still hot call auction trend of the two cities, and responded, "It has been 6 years since the last round of bull market, and hundreds of millions of investors are looking forward to it. , emotional aspects... have ushered in a clearly visible inflection point, and the macro trend of the index should also undergo a change."

During the discussion between the two, at this moment, the time has passed 9:20.

I saw that with the withdrawal of countless funds at the last moment of 9:19, the final call auction situation in the market, although it has dropped from the moment of 9:15, still maintained an obvious overall high opening trend. , Beixin Road Bridge, the most popular leading stock in the two cities, has exploded with a volume of 4.6 lots, and its stock price has continued to rise, surpassing the high point of increase at 9:15.

(End of this chapter)