The investment era of rebirth

Chapter 442 The battle of the top hot money!
"Hey, the trend of the 'military industry' sector seems to be obviously abnormal!" Xu Xiang, who noticed the change in the field of the 'military industry' sector, was a little surprised and said, "In the case of the overall shrinking market, this line has been continuing The volume is heavy, and the trading situation is obviously more intense than the main line of other markets. Although the selling is heavy, but the strength of the market is able to fully undertake it, it is really not easy!"

Hearing Xu Xiang's words, Zhou Kan also instantly turned his attention to the market, where the 'military industry' sector is currently undergoing fierce transactions.

I saw this main line, and its related industry and concept sector indexes. From the perspective of the index trend alone, compared with the coal and non-ferrous industries, which are already the core targets of the active main funds in the market, the increase is not outstanding, and it can only turn red. However, its volume performance is obviously much more intense than other market mainlines.

In particular, the core component stocks in Huaguo Heavy Industry, Huahang Electromechanical, Huahang Optoelectronics, Hangfa Power, Huaguo Great Wall, Hangfa Technology, etc., all showed signs of continuous heavy volume in the disk performance, and at the same time, the stock price was under continuous selling. , There has also been a relatively abnormal trend of not falling but rising.

"I feel that this sector, compared with the whole market, is indeed divided between long and short, and it is obviously bigger." After observing for a while, Zhou Kan responded, "The selling is heavy, and the buying is big, but it is a bit stagnant."

Xu Xiang said with a smile: "The heavy selling is because this line, stimulated by the good news the day before yesterday, once led the market and absorbed a large amount of active hype funds in the market, and because the market broke out briefly, this line did not continue. Afterwards, a sustainable space for market speculation was formed, which resulted in a large amount of active funds on the market, which continued on this line in the past two days, and large-scale liquidation stopped losses and left the market."

"So, it is understandable that this line has a heavier selling force than the entire market."

"But the point is..."

Xu Xiang paused for a moment, and continued: "What this line shows now is the amount of buying orders undertaken by the market, which has completely exceeded expectations."

"According to the overall market performance of the entire market, since the line of 'military industry' has not produced a sustained profit-making effect, and failed to stimulate the relay speculation of active main funds flowing in from various fields here, then there is no profit for the hype funds in various fields. As shown in the figure, when the large-scale ebb and flow leaves the market, the stock price should be weaker than the market's continuous decline."

"So, it's not really a competitor at all."

"Furthermore..."

"I estimate that the funds for these two stocks follow the market, and they are not sure about the market trend of this line at present. They are just simply following the trend and testing positions."

"Okay!" Li Meng asked all the doubts in his heart. Seeing that Su Yu was determined in his heart and confident on his face, he couldn't help but nodded, then turned around and issued the latest update to the three groups of fund traders behind him. Trading instructions and related trading strategies.

"Give up on buying?" Li Meng was stunned, completely incomprehensible.

"Whether it's the same fund or not." Li Meng said, "This shows that we have competitors. At least in the line of 'military industry', there should be main funds that agree with us."

"The more we compete with them, the more motivated they will be, and the competition will be fiercer."

"The strength and weakness of certain main lines in the market are not judged by the rise or fall, but by the strength of long-short undertakings and the degree of exchange of chips on the market."

Xu Xiang thought for a while, and continued: "Since the line of 'military industry', such as Huaguo Heavy Industry, Huahang Electromechanical, Huahang Optoelectronics, Hangfa Power, Huaguo Great Wall, Hangfa Technology...etc. , there have been certain changes, which shows that the amount of funds currently involved in the field of 'military industry' is not trivial, and it is by no means ordinary market active hot money or institutional investment funds."

"Not necessarily!" Su Yu replied with sharp eyes and a deep voice.

"Xu always said... the 'military industry' line, but it is the core line with the most sustainable market explosion potential and the strongest market trend in the current market?" Zhou Kan was a little surprised, "However, before the market A lot of active main funds have been speculated, and there is no splash at all. Even though there are some positive and potential positive news on this line, in the context of the overall investment risk in the market gradually decreasing, that is, market investment sentiment , still in a state of gradually becoming cautious, the line of 'military industry', in terms of innate logic, has flaws, and it is difficult to hype!"

Everyone doesn't think that the "military industry" sector, which has a high valuation, can get out of the market that exceeds expectations and continues to make money.

As for the main line of 'military industry', near midday, the market could not help but change again.

"Not necessarily?" Li Meng was a little puzzled.

"There is a high probability that there will be an obvious recession in the market of this line."

"It can be expected..."

Only then will there be continuous buying, relaying at various stages of market hype, otherwise...it will be a castle in the air.

Xu Xiang pondered for a moment, and said: "Although there are many abnormal disk performances in this line at present, it is still unknown whether the market will be able to come out in the end. How to do it, whether it can lift the market curtain of this line is still unknown at present, so...the market of this line is probable, but the certainty is uncertain, so let's build a 15% position first!"

In Zhou Kan's view...

"Such a large amount of intervention..."

"What if more funds flood in while we temporarily give up buying?" Li Meng said, "Then we will lose the initiative to build positions at low cost, and the positions will be insufficient at that time. After losing the initiative, you can only passively chase the high and continue to scramble for chips.”

Stimulated by the good news the day before yesterday, the 'military industry' sector went up in a straight line and became stronger rapidly, leading the market's gains for the day, but it did not open up the continuous market hype effect and continuous profit-making space. That is some important points related to this line. The expected logic has not been generally recognized by the majority of investors in the market.

"There doesn't seem to be any big main buying orders on the disk of many core component stocks on this line, but no matter how many main selling and selling orders are on the disk, they just can't suppress the stock price. What does this mean? It shows that the market The power to undertake is far from being as weak as it appears on the surface, there should be main funds lurking under the surface of the market to carry out continuous buying operations."

Su Yu nodded and continued: "The line of 'military industry' has not changed abnormally in the latest market news, and its expectations and logic are still relatively consistent with before. In other words, The previous hype about the line of 'military industry' has been discredited by the market."

Su Yu replied: "The style is different. The follow-up funds we found on the market yesterday should have the same thinking as ours, but today's funds are obviously much more profitable in terms of operating style. Of course... this It is also a conclusion drawn from the preliminary judgment on the market, whether it is the same fund or not, in fact, there is no way to prove it, and it can only be guessed."

"In this way, we will have another opportunity to build a position at a low position."

"Is the fund that was bought intensively at noon the same fund that we found on the market yesterday?" Li Mengmeng asked again after thinking about it.

"I hope!" Zhou Kan saw that Xu Xiang's attention had been set, so he didn't say any more, and asked, "How much chips does Mr. Xu plan to build a position on this line?"

"Hey, today's buying in the 'military industry' line is obviously more aggressive than yesterday."

And as they buy in...

"In the case of increased hesitation, it is estimated that the buying power will also be weakened, and the previous cautious attitude will continue to be maintained."

"The current situation..."

"But if we temporarily give up buying, the 'military industry' sector will lose the amount of funds we can undertake. Regardless of the performance of the amount or the strength of the trend, it should go to the next level."

Similarly, without the continuous relay promotion of funds, the market will naturally be impossible to produce.

Seeing the doubt in Zhou Kan's eyes, Xu Xiang responded with a smile: "Expectations and logic are not static. The market is completely dynamic. Previously active funds in the market failed to hype on this line and cannot determine the follow-up. Hype the market trend, at least... from the current market performance, the line of 'military industry', no matter the structure of the bargaining chip, the strength of the market, or the changes in the news and policies, are relatively benign."

Su Yu pondered for a moment and responded, "Probably not."

Because only the majority of investors in the market agree with these expectations and logic.

"And there is no doubt that judging from the current performance of the market, the line of 'military industry' is the direction with high probability that can bear the bet."

"In this way, before the overall trend of the market and the market's long-short sentiment have reached a turning point, they can't wait to build positions on a large scale in this field."

Su Yu nodded slightly, and said: "Almost, it is obvious that this stock is approaching noon, and in the field of the 'military industry' industry sector, the funds that are concentrated to raise funds to drive the market are coming to us."

"And these two stocks of funds suddenly lost our track and found that we no longer continue to buy."

"After our three main funds temporarily gave up undertaking purchases in this sector."

"And at the same time, a series of performances such as market hype sentiment and risk appetite are still in the process of declining."

"According to what you mean, today's trend in the 'military industry' sector is caused by us?" Li Meng asked.

"No matter from which angle, which direction to analyze, the picture of this fund is by no means simple."

Su Yu smiled, and continued: "Look at the stocks in the 'military industry' sector that suddenly exploded in buying, do most of them coincide with our target stocks for opening positions? Conspicuous traces, for smart market participation funds, it is quite difficult to completely hide some of our actions."

If there is no continuous profit-making market, then the stock chips in this line will not be scarce, and naturally they will not be able to receive continuous follow-up and relay competition from various funds.

"Actually, this can also be seen from the obvious heavy selling pressure in the current 'military industry' sector compared to the entire market."

"As for the line of 'military industry', the trend is still weak."

The core of market hype is that no matter how strong the mainline expectations and logic are, the final landing point still needs to be recognized by the majority of investors in the market.

Su Yu responded with a smile: "No need, just give up buying for now."

"It is very difficult for the line of 'military industry' to be widely recognized by the main funds active in the market so quickly. However, judging from the market trend and the trading situation of each core component stock, no matter whether it was yesterday or today, these two stocks The main funds that obviously have an impact on the market have discovered our traces of building positions and followed suit."

"Is that so?" Li Meng obviously hesitated, and asked, "Then what should we do next? Continue to let it go, continue to build positions according to our own rhythm, or...follow the steps, and buy in the form of pending orders and market prices , rushing to raise funds simultaneously with these two stocks?"

Therefore, when the 'military industry' sector was falsified by the market and did not have the logic of continuous hype, and the main active funds involved in the early stage were retreating on this line on a large scale, cutting positions and stopping losses one after another, Xu Xiang suddenly told him, The line of "military industry" is the core line with the strongest performance in the current market, which made him obviously not understand it for a while.

"15% of the position!" Zhou Kan simply repeated, and immediately issued a buy order to the traders.

"Since the other party dares to place such a large bet on the board in this field in advance, it must have something to hold. If we follow suit, the risk is not great."

"But look now, the market trend of this line is not like this at all."

I saw that the entire "military industry" industry sector index, with the form of continuous expansion of time-sharing trading volume, further climbed upwards, and the increase broke through more than 0.7%, squeezing into the top three in the industry sector growth list of the two cities. Among them, such as Huaguo Heavy Industry , Huahang Electromechanical, Huahang Optoelectronics, Hangfa Power, Huaguo Great Wall, Hangfa Science and Technology... the core constituent stocks of various changes have ushered in a wave of relatively concentrated buying, and their stock prices have rushed upwards.

While Li Meng was speaking, Su Yu also noticed the change in this direction, and couldn't help but sighed lightly, and said, "Hey... in the current situation where the market turnover is only 1000 billion yuan a day, our funds of this size, want to completely It is still too difficult to continue to get chips on the board without anyone noticing!"

Su Yu explained with a smile: "Yes, temporarily give up buying. Since these two stocks follow the trend, they don't have independent opinions and ideas for opening positions. In other words, they are also hesitating. The stronger the trend of the line, the more confidence in their hearts will be strengthened, thus supporting them to continue to increase their positions and buy on this line."

"How?" Li Meng asked curiously.

"We are in a dynamic market, and we cannot accurately predict the subsequent core market trend of the market."

"The current chip structure of this line is still relatively chaotic."

"How do you know?" Li Meng asked again.

Su Yu replied: "Don't forget the current overall trend of the market. Before the downward adjustment trend of the market has reached an inflection point, the logic of the continuous hype of the 'military industry' line has been falsified by the market, and the majority of retail investors in the market In the case that the group’s follow-up sentiment is obviously not high, this line will only be the unpopular main line of the market, it will not be so hot, and naturally there will not be so many active main funds in the market. Strong sector hype.”

At 11:21, inside Yuhang and Yuhang Investment Company, in the trading room of the main fund, Li Meng observed that the industry sector of the 'military industry' line was advancing rapidly, as well as the concentrated buying of related core component stocks highlighted on the disk, and couldn't help but Frowning, he said, "It feels like we want to continue to get low positions on this line, and the trading strategy plan to build enough positions in advance is going to be ruined!"

"But it's still possible to bet on the direction with the highest probability."

"If it should be weak or not, it is strong; if it should be strong or not, it is weak."

"Then the original hesitation in their hearts will continue to increase, thus restricting their thinking about opening positions, making them afraid to continue to start at all."

As her order was issued, a group of traders strictly implemented their trading strategies.

At 11:25, there was only 5 minutes before the market closed at noon. The 'military industry' industry sector and its concept sector, which had been fluctuating frequently and hit the top three in the two cities, were instantly discouraged. Like a rubber ball, it lost its support, and there was a trend of rapid pull-up, and then a rapid retreat and fall.

Finally, at 11:30, the moment of closing at noon.

The 'Military Industry' industry sector index retreated to 0.43%, falling from the third position in the industry sector gaining list of the two cities to the sixth position, which is basically the same as the Shanghai index.

(End of this chapter)