The investment era of rebirth

Chapter 436 The main funds lurking under the water surface!
"Cost-effective chips?" Xu Xiang was taken aback for a moment, and asked, "For example?"

Zhou Kan thought for a while and responded: "Looking at the trend of the market and the direction of the main capital attack, as well as the areas with the highest market liquidity, it is obvious that the core lines of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance' , is still the main artery of the market.”

"The 'cost-effective bargaining chip' I am talking about naturally also refers to the constituent stocks in these major areas, the future expectations are still strong, and at the current stage, there are still obvious signs of oversold."

Xu Xiang thought for a while and responded, "Let's talk about it later!"

Any market trend cannot be achieved overnight. The index fell to the current position, which has indeed fully released some risks, and there is a signal to stop the decline, but he thinks that it will take some time and space to really recover and reverse. adjustment.

"Okay!" Zhou Kan nodded in response without asking why.

Xu Xiang thought for a while, then continued: "Only when emotions, news, and funds resonate together, will there be a relatively sustained market. In the current market stage, there have been certain changes in the news, but there has been no significant change in the emotion. , Investor confidence has not recovered, and as for the inflection point of capital, it is impossible to talk about it.”

"wait……"

Xu Xiang paused for a moment, then continued: "When the market turnover continues to shrink to less than [-] billion, or in other words, it falls rapidly, and then releases the last wave of meat cutting to completely reduce the burden on the market, it will be almost the same. Now there are only some signs of a phased bottom, but the phased bottom has not come out."

"Of course, it falls on the specific mainline market."

"The two core lines of 'infrastructure' and 'state-owned enterprise reform' are indeed the most hype-worthy areas in the market in terms of market sentiment, attention, future expectations, and policy orientation. , Market risk appetite and hype sentiment have picked up, I believe there will be good market performance, but now... these two main lines have not shown a more suitable buying point."

"At this time, buying the bottom and intervening can be regarded as a left-hand transaction."

"It is expected that the index adjustment can fully stand at the support level of 2200 points, and we will have sufficient risk defense capabilities, but the index... can really stand firmly at 2200 points, and it will build a bottom at this position and stop falling. Is it? I'm afraid it's still hard to judge, right?"

"Well, it makes sense." Zhou Kan nodded and replied, "It seems that I still think too simply."

Xu Xiang smiled and responded: "It's not that you think too simple, but as an investor with a light position, a short position, or a serious shortage of positions, when you see the strong rebound in the market and feel that you are out of the market, you will feel sad. It is easy to mess up, and it is easy to lose objective judgment.”

"This is normal!"

Xu Xiang continued with a smile: "Human nature is inherently like this, and it is difficult to avoid it. Moreover, we hype the market, leverage the market, and lure investors to follow suit. In fact, we are using these flaws in human nature."

"In the market, many investors are easy to get lost in all kinds of bottom-hunting that they think they have accurate judgments."

"I've been through that lesson too."

"But in the end, I still feel that, as market traders, sometimes we have to restrain our temporary greed, know how to give up some opportunities, be patient, and be patient."

"Understood!" Zhou Kan responded, "Then wait a little longer."

Following the two people's analysis of the market, at this time, the market trading time has entered 10:30, and the market in the field of "big finance" is gradually ebbing, but it has encountered continuous sharp declines and adjustments in the early stage, and it was once watched collectively by the majority of investors in the market. Many popular core stocks in the main line fields of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance' in the early stage of the empty period have once again shown a counterattack trend of collective surge.

And at the same moment, inside the Yinghui Fund Company in Shanghai.

In the trading room of the 'Yinghui No. 1' fund, as a fund manager, Liu Guanhai looked at the main market trends of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance', which were getting stronger and stronger in the market. I don't know how to operate it for a while.

Since stepping on the wrong rhythm, I accidentally took over the core stock chips of the two main lines of "infrastructure" and "state-owned enterprise reform" near the 2450 point of the Shanghai Stock Exchange Index.

He didn't follow the rhythm of the market, no matter whether he was buying or selling, he was always slapped in the face by the market trend.

This greatly dampened his confidence in the trading strategy he had made, and even made him doubt whether the trading system and trading principles he followed were completely unsuitable for the current market.

"Mr. Liu, shall we... still reduce?" Seeing Liu Guanhai frowning, Yu Lei, the head of the trading team, couldn't help asking.

Hearing Yu Lei's question, Liu Guanhai recovered from his depression and said, "What the hell, reduce, continue to reduce, I don't believe the index can go up directly from here."

The current position of the fund has fallen back to the light storage area.

Therefore, the index rebounded strongly, and the related stocks continued to soar, and they couldn't get much profit, and they couldn't make up for the loss of the previous cut.

In this way, Liu Guanhai can only bet that the market has a lower adjustment low.

After all, at this moment, let him respect the market trend and continue to chase Masukura, he has no confidence, and at the same time, he is afraid of chasing the high point again and being harvested.

"Okay!" Yu Lei replied, "I also think that there are still more lures here."

When the two insisted on the strategy of lightening their positions before and were not moved by today's violent rebound in the market, they were in the trading room of the same company's 'Yinghui No. 2' fund.

Shao Xiaoyun, the fund manager in charge of this fund, was full of excitement, shouting to Masukura to go long.

And as the main institutions of private equity and public equity in the market, different trading strategies of waiting and watching, or reducing positions, or increasing positions, are reflected in the market trend, that is, after the market trading time exceeds 10:40, the trend of the major indexes begins to High sideways, the main market trend of the market, and the differentiation phenomenon are becoming more and more obvious.

Among them, the securities, banking, and insurance sectors in the "big finance" sector have completely lost their strength at the beginning of the session. The main capital movements of several major industry sectors have shown an outflow state, and the growth rate of their sector indexes has also fallen back to 0.4%. To 0.8%, significantly behind the performance of the market index.

As for the main lines of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance'.

At this moment, it has become the core area of ​​the main capital attack of the entire market, and a number of related industry sectors have led the rise of the two markets.

Among them, the real estate industry sector index rose more than 3%, almost forming a reversal of yesterday's trend.

Building decoration, building materials, steel, cement, public transportation, high-speed rail and other "infrastructure" industry sectors and concept sectors are also making a comprehensive counterattack. The industry sector index and concept sector index have increased by more than 2%, showing a sharp run. The trend of the win index.

Other relatively cold mainline fields such as 'consumption', 'medicine', 'nonferrous metals', 'coal', 'smartphone industry chain', etc., mostly fluctuate with the index trend and do not show independent market trends. And particularly strong trend signs.

But it is also classified as the "military industry" field of the weak industry sector in the market.

When the majority of investors complained about the "one-day tour" market sector, the volume energy showed signs of increasing year-on-year compared with yesterday. On the market of many constituent stocks, even if the stock price trend was not as expected, the selling was heavy, but small orders The power to undertake is quite strong. There were several checks, and there were obvious sell-offs of tens of thousands of hands, but they just failed to directly hit the stock price.

"Hey, the trend of the military sector is obviously abnormal!"

Observing the unusual trend in the field of 'military industry', at this moment, in the trading room of Yuhang Anzhao Fund Company, Selected Mix No. 1 Fund Product, Zhou Hui, as the fund manager assistant, hurriedly reported to Qin Qiuyuehui, the company's president and fund manager: "President Qin, look at these stocks..."

While talking, Zhou Hui clicked out several core constituent stocks in the 'military industry' field on the computer screen with the mouse, and continued: "The market trends of these stocks, at first glance, are quite weak, and the movement of the main funds is also showing a trend. There is a trend of full outflows, but whenever there are huge orders on the market of these stocks, it feels like a bull into the sea, and the stock prices cannot be killed."

Following Zhou Hui's report...

Qin Qiuyue observed carefully for a few minutes, and sure enough, she saw that on the disk of a certain stock circled by Zhou Hui, after a huge order was sold off, the stock price only fluctuated for a moment, and then returned to its original position, which was almost equivalent to throwing a stock into the sea. A boulder, even though it briefly stirred up big waves, did not change anything substantially, and the sea quickly returned to calm.

"This power..." Qin Qiuyue's face was slightly moved, "It's not easy!"

Zhou Hui nodded, and said: "Indeed, at a glance, all the major selling orders are small orders, but if you observe carefully, you will find that these small orders are quite consistent in their buying plans, but they are These orders are all passively accepted, no pending orders, no trays, and no rush to raise funds. If it weren't for us chasing up a lot of stocks in the "military industry" field yesterday, which caused us to focus on this sector, it is estimated that it would still be very difficult. It’s hard to notice the details.”

"Break it into pieces!" Qin Qiuyue's eyes brightened instantly, "If nothing else, there should be a major force with a large amount of capital lurking under the calm waters of the 'military industry' sector. Sweeping up the selling orders in the venue, breaking them into pieces, no placing orders, no pallets, and no rush to raise... This kind of funds is really a master!"

"I feel the same way." Zhou Hui responded, "In today's market, almost all the attention is on the core lines of the market such as 'big finance', 'infrastructure', 'state-owned enterprise reform', and 'Internet finance'. The performance was strong, but it fell sharply in early trading today, giving up yesterday's gains. The 'military industry' sector, which did not show any market continuity at all, has received relatively little attention, and yesterday chased short-term, speculative main funds from all walks of life. We are retreating in order to get out of the market quickly and invest the funds in our hands into other hot spots in the market as soon as possible, so few people will notice the funds lurking under the water and buy chips in small batches.”

"Then we... this is a blessing in disguise." Qin Qiuyue smiled happily.

Because they aggressively pursued positions yesterday, they had planned to revise their previous trading strategies when the trend of the 'military industry' sector was seriously below expectations today, and prepared to reduce positions and stop losses on positions in this direction. Unexpectedly... This situation was discovered when the position was reduced and the loss was stopped.

Seeing the change in Qin Qiuyue's expression, Zhou Hui pondered for a moment, and asked, "Mr. Qin, then... shall we continue to reduce our 'military industry' chips in accordance with the previous trading strategy?"

"No, no need." Qin Qiuyue said with a smile, "Judging from the situation just observed, the main funds lurking under the water should be stocks in the general 'military industry' sector. Keep high, not short-term game funds."

"Looking at the situation, the decisive idea of ​​​​building a position with this fund should be determined in this field, and there will be a market."

"Although it is impossible to judge the origin and background of this main force of funds, judging by its operating ideas and disk traces, the motive should be correct."

"Since that's the case, why should we reduce our positions?"

Qin Qiuyue smiled, her heart moved, she made a bolder trading strategy move, and continued: "Not only will we not reduce our positions, but we must continue to increase our positions in this field."

"Continue to increase the position?" Zhou Hui was shocked, "Boss Qin, is this...too risky?"

Qin Qiuyue replied: "Financial investment transactions are absolutely impossible without risk. Since we have discovered the intention of this huge main force, we must seize the opportunity. Originally, based on the analysis of various market news in this field, I originally thought that there are relatively large opportunities for speculation in the field of "military industry". However, investor groups from all sides in the market have been unable to form a joint force in this field and form a consistent expected logic. They just don't know that this stock is lurking under the water. , How will the main funds of the chips in the 'military industry' sector, who have invested heavily in building positions, solve this problem."

"But anyway..."

Qin Qiuyue paused for a moment, her eyes sparkled brightly, and continued: "At this moment in time and the market trend, it's still worth a gamble!"

"Okay!" Zhou Hui nodded, and turned to issue new trading orders to the traders.

"Who is this fund lurking under the water?" When Zhou Hui gave trading orders to the traders, Qin Qiuyue was staring at the trend of the industry sector in the 'military industry' field, as well as the core constituent stocks of several sectors. I couldn't help guessing, "A state-owned background institution with an advantage in news channels, or a large public offering fund with inside information, or..."

Guess, guess...

The figure of a young man flashed across Qin Qiuyue's mind, her heart was shocked, and she said in shock: "It can't be that the 'Yuhang Department' fund is really building a position?"

(End of this chapter)