The investment era of rebirth

Chapter 417 When the bad news lands, it is good news!
"Hey, I finally escaped, and I suffered three daily limits in a row. This wave of losses... I really doubt my life!"

At the moment when the daily limit of Beixin Road and Bridge and Beijiang Communication Construction loosened, and the other two main lines of "infrastructure" and "state-owned enterprise reform" were also rapidly shrinking their losses, the discussion area of ​​the entire stock trading platform finally A group of retail investors who escaped from the price limit could not help expressing emotion.

"Counting the sky-to-floor trend of Beixin Road Bridge last Thursday, this wave of losses is more than three limit-downs."

"I lost the profit accumulated in two months in three days, and I went back and forth to return to the level of account equity in early March. Hey... It's really hard to make some money in the stock market after working for nothing for two months."

"Do you still want to make money? It would be nice to get back the money."

"Our big A is actually a high-consumption place, not a place to make money at all."

"Haha, making money at work and spending money in the stock market... There is really nothing wrong with this point of view."

"The trend of the whole market is still easy to fall but difficult to rise. I didn't say... This trend is in the middle, no matter when you sell, there will be nothing wrong."

"To be honest, since the regulators insist on restarting the IPO at this time, they can't blame everyone for voting with their feet."

"This market trend is really hopeless. Let's quickly drop back to 2000 points. Sell it...Clear the account and close the account. Out of sight is out of sight."

"The stock index broke at 2300 points without any resistance. This trend, if there is no accident, will definitely drop sharply today."

"Before the official opening in the morning, I knew that the stock index would definitely not be able to hold the 2300 point. Let's see... Today the stock index may directly hit the 2350 point."

"The first effective support point below is the position of 2200 points, and it is estimated that it will definitely be reached."

"Not only will it definitely arrive, but whether it can be sustained is still a huge question."

"No matter how the index goes next, Beixin Road and Bridge, Beijiang Communication Construction, Shanghai Sanmao, the main line leading stocks of 'infrastructure' and 'state-owned enterprise reform' that have been hyped in the early stage, will definitely not go back to their high point?"

"What are you thinking, this kind of stock that has been heavily speculated in a short period of time, when the market trend reverses, the stock price is at least cut in half, and you still dream of turning around?"

"The whole main line of 'infrastructure' and 'state-owned enterprise reform' has collapsed. I'm still thinking about the dragon's return at this time, I'm afraid I haven't woken up!"

"Three limit-downs in a row, and one of them is a sky-high. This is already a trend that has almost been cut in half. At this time, the sensible approach should be to stop losses unconditionally."

"Indeed, when investing in stocks, especially short-term speculation, the fear is not to stop losses."

"Sell it if you can. With this rubbish market, there is really nothing to look forward to."

However, at the moment when everyone was unanimously bearish and their views were relatively pessimistic, at 10:17, Beixin Road Bridge and Beijiang Communication Construction, which had already loosened their limit limits, suddenly ushered in continuous huge orders to buy bottoms, not only The price limit was directly opened, and the stock prices of the two stocks also jumped from the price limit in an instant, like a bolt of lightning, and the decline narrowed to less than 1% within 5 minute.

"Fuck, you won't cut your flesh to the floor, will you?"

Seeing that the two popular leading stocks in the early stage reversed from the limit down and crazily retracted their losses. In the comment section of the trading platform that had been discussed fiercely before, there were retail investors who had just cut their flesh on the limit down. Their mentality burst instantly: "What the fuck... This trend is simply poisonous!"

"At least 10 consecutive large orders of [-] lots have been bought by the owner. Could it be...is this a reversal?"

"Who said just now that if you can sell it, you should sell it quickly? This slap in the face should not come too fast."

"Hey, I fell when I chased, and rose when I cut it. I can't figure it out. Could it be that my hand has been opened before? Every operation can be perfectly reversed."

"Brother, please tell me when you buy it next time, so I can run away."

"It's okay to let me know when it's sold, so I can buy it."

"I'm going. I just said that the market trend is rubbish. I didn't expect that in about 10 minutes, the entire market situation has completely reversed."

"Fuck, after the two main lines of 'infrastructure' and 'state-owned enterprise reform' are oversold, this will all explode!"

"The decline in the stock index has also retracted to less than 1%."

"In addition to the two main lines of 'infrastructure' and 'state-owned enterprise reform', many stocks in the field of 'growth stocks' in the direction of the small and medium-sized board and the ChiNext board have also seen a rapid rise, especially the stock of Oriental Fortune. After many minutes, the upward rush was too fierce, and the rebound was almost 10 points."

"Except for defensive sectors such as 'Big Finance', 'Consumption' and 'Pharmaceutical' which performed relatively strong last Friday, which will continue to make up for losses, other sectors seem to be picking up, and it feels like the market has returned to the familiar rhythm of the previous period. Alright, the two main lines of 'infrastructure' and 'state-owned enterprise reform' are still taking the lead in counterattacking."

"Could it be that this is the so-called good news when all bad news is exhausted?"

"I've really seen this trend change in the market. It's really killing people."

"Looking from the disk, a lot of money entered the market to buy the bottom. I don't know if it's an illusion. I feel that the market is going to be a red one today!"

"The adjustment is over? It shouldn't be!"

"I also feel that the restart of the IPO is so bad, and it is not so easy to digest. However, the market trend at the moment shows that the adjustment seems to be over."

"Hey... so there is hope for the market of Longhui?"

"Fuck, shit... Fortunately, I didn't listen to everyone just now, so I refrained from selling Beixin Road and Bridge on the limit board, and it has returned to 8 points just now."

"Haha, I bought the bottom of Beixin Road Bridge on the limit board, and now the floating profit is 8 points, and it feels like a dream."

"The market has returned to a familiar rhythm, and the two major market trends of 'infrastructure' and 'state-owned enterprise reform' have once again taken the lead in rebounding upwards. I feel that the leading stock of Beixin Road and Bridge can still rise!"

"It must be a red plate, and the market sentiment must be driven up."

"I'm going, it's already on the red plate, and it has risen more than 10 points in a straight line. The leader really deserves to be the leader. This amplitude, this trend... is simply breathtaking."

"It will be seen that the almost 20 hands that were just bloodbathed on the limit board were sold, which is really miserable."

"Hey, I have to say that we retail investors really can't play the main force. Before the news of the restart of the IPO hit the market, there was only a little rumor about it in the market. As a result, the whole market was instantly turbulent, and the index plummeted. But When the news of the restart of the IPO was really clear, the market continued to plummet, but instead ushered in vitality. How can we keep up with this trend and this anticipation operation?"

"Hey, don't talk about it, I lost 30%, and my flesh was cut on the floor. Seeing the stock price soaring now, I really want to die."

"After cutting the meat, I was also blown away when I saw this trend."

"Hey, the huge loss cut the meat, not to mention the loss of chips, and the perfect timing of the rebound, everyone...you say that if I chase the high and get it back now, is there still a chance?"

"Let's take a look again. What if the 10-minute rebound is just a flash in the pan?"

"Yes, on the whole, today's market has shrunk significantly compared with the previous few trading days. Even if we only look at the rebound of these ten minutes, the time-sharing capacity has not reached the intraday time-sharing of the previous few trading days. At the peak position of energy, I think it's better to be cautious when chasing high."

"Hey, I'm not afraid of falling back again, but I'm afraid it will continue to rise. I don't have a bargaining chip in my hand. I'm really flustered."

"Understood, especially when you've weathered all the dips and perfectly missed the market rally."

"I still think that the bad news of the IPO restart is unlikely to be digested so quickly. The market rebound here... Is it possible that it is another lure?"

At the moment when the market has entered a rapid rebound, and at the same time, the time-sharing volume can expand year-on-year, and the major indexes and various popular main lines that have plummeted in the previous period have retracted their declines, gradually showing a strong state, even though many retail investors have begun to realize that something is wrong. , should not be overly bearish, but when the market has not completely clarified and the intraday decline has not been completely reversed, everyone's wait-and-see mood is still too strong.

Of course, this kind of strong wait-and-see mood crossed the trading hours at 11:2300 a.m., and the Shanghai stock index returned to the 5-point mark and quickly became popular. , when it showed a possible ground-floor trend, it began to disintegrate in an instant.

Immediately afterwards, the participation of retail investors, that is, the amount of market follow-up, began to grow rapidly.

At 11:05, the 'Kumho Group' in the real estate sector, with its relatively small circulation and easy speculation, hit the daily limit first, directly opening the way for a rebound in the real estate sector.

At 11:10, the real estate sector index rose by more than 2%, returning to the top of the industry sector in the two cities.

At 11:15, an important constituent stock of the GEM, 'Oriental Fortune', was suddenly pushed up to the daily limit by multiple large orders in a row, which surprised many investors who paid attention to this stock, but no matter how surprised everyone was, the benefits Due to the "Oriental Fortune" riots, the entire "Internet Finance" sector, as well as the line of the small and medium-sized board and the GEM high-growth sector, are alive, and countless stocks are scrambling to rebound at full speed. The market continued to plummet, and many of the main funds that were forced to be trapped in the market also began to use this sudden burst of long sentiment to pull the market to save themselves.

At 11:21, Beixin Road and Bridge continued to attack upwards, raising the increase to about 7%.

At 11:26, Huaguo MCC, a low-priced large-cap blue-chip stock, also began to riot in a straight line, and the increase jumped from deep water to about 3%.

Finally, at 11:30, the two cities closed at noon.

The Shanghai Designated Index was at 2321.22 points, up 0.33%, while the Shenzhen Stock Exchange Index and the ChiNext Index rose 0.45% and 0.52% respectively.

In addition to the index, in terms of the overall market performance of the two cities, 'infrastructure', 'state-owned enterprise reform', 'Shanghai free trade zone', 'Internet finance', 'film and television media' and other popular themes in the early stage have once again become the major active market funds. The protagonist of the attack has become the core force supporting the market conditions.

As for the defensive mainline areas such as 'big finance', 'consumption', and 'medicine' that showed some performance last week.

Today, after the market entered the oversold rebound rhythm with all the negatives, it became weak again and became the main line of the intraday obvious compensatory decline. It is precisely because of the compensatory decline of these major defensive main lines that the stock index rebounded In terms of gains, it lagged behind the Shenzhen Index and the ChiNext Index.

After the market closed at noon, it faced the market performance in the morning.

Whether it is the large group of retail investors on and off the market, or the many hot money and institutions active on the market, this is somewhat unexpected and surprising.

"The bad news has turned into a good news. The market trend this morning is a perfect interpretation of this sentence!"

After the market closed at noon, during the noon break, in Shenzhen Stock Exchange, inside Xinniu Fund Company, in the trading room of the 'Manniu No. 1' fund, fund manager Fang Xinsheng had to say with emotion after a brief review: "The game of market sentiment, the market trend The deduction is really both unexpected and just within reason.”

"Indeed." Mou Zhengxing, the leader of the trading team next to Fang Xinsheng, responded, "Everything that is bad is good, and everything that is good is bad. This kind of market interpretation is always repeated in various financial markets. How can we grasp it?" There are always only a very small number of people, but...it just so happens that the market reacts in this way, otherwise our fund's position may not be easy to exit."

Previously, due to the company's inferior news channels and their insensitivity to market reactions, the company's entire main fund completely missed the best window for lightening positions before the bad news hit. If the heavy bad news of the IPO restart was not in It was announced last Friday that it will continue to be delayed for a few days. According to the degree of panic in the entire market, once the bad news does not land, the index's decline may be difficult to land.

In this way, under the concentrated and continuous selling, the market liquidity continues to decline.

It is really not an easy thing for them to quickly complete the lightening of positions and avoid excessive profit-taking and losses.

"Looking at the trend of the market in the morning, it seems that the original rhythm has returned." Behind the two, Liu Xin, the general manager of the company, said with a little joy, "Does this mean that the storm in the market has passed?"

Fang Xinsheng thought for a while and responded: "Mr. Liu is too optimistic. It is too early to say that the storm has passed at this time. Today's rebound is just a short-term emotional game on and off the court, and it cannot determine the medium and long-term of the market. Changes in trends and trends, and how the market will go in the end... It depends on how much market confidence is left in the context of the IPO restart, and how big the blood-sucking effect on the market after the specific IPO restart is, only these two factors Only when it is clear can the medium and long-term trend of the market be relatively clear.”

Hearing Fang Xinsheng's words, Liu Xin pondered for a moment and said, "Then according to what you mean, we still need to continue to reduce positions according to the plan? We can't be greedy for the petty profits of the market rebound?"

"This is natural!" Fang Xinsheng nodded firmly, and said, "The market risk is still not fully released, we have no reason to abandon the original plan just for this small profit, and... I guess there is a high probability that it is just a decline Next, I am afraid that the follow-up index still has a long way to go to adjust!
(End of this chapter)