The investment era of rebirth

Chapter 445 Market long-short expectations turn again!
"Okay!" Zhou Kan replied, "I also think it's better to wait for the market trend and the trend of the 'military industry' line to become clearer before opening a position."

The overall market rebound is weak, and the trend of the line of "military industry" is after they test the waters and build positions.

It was clearly not as good as expected.

In this case, if you attack rashly, once you make a mistake in judgment, the follow-up operation will appear to be quite passive.

Therefore, when the market risk has not been fundamentally released, and the subsequent market trend is still in an uncertain expectation, Zhou Kan believes that it is better to be cautious.

After finishing speaking, Zhou Kan immediately ordered the traders to stop the buying plan.

The next moment, after the main funds of the 'Yuhang Department', 'Anzhao Department', and 'Zexi Department' established positions in the 'military industry' main line sector, they gave up buying one after another and switched to a wait-and-see operation strategy. The industry sector index, as well as its related concept sector index, have turned into a further downward trend.

At 1:32, after fluctuating sideways for half a day, the Shanghai Stock Exchange Index turned downward again, fell below the lower edge support of the short-term intraday shock platform, and once again lost 2260 points.

At 1:36, in the 'military industry' sector, Huaguo Heavy Industry, Huahang Electromechanical, Huahang Optoelectronics, Hangfa Power, Huaguo Great Wall, Hangfa Technology... and other core constituent stocks that have changed in the morning have retreated within the day All the intraday gains have returned to the stock price position at the opening.

At 1:42, while the 'coal' and 'nonferrous' sectors continued to fall, the 'venture capital' concept sector, which changed in the afternoon, also showed a relatively weak trend.

At this moment, he is like a hungry ghost, and delicacies from mountains and seas are right in front of him.

At 1:45, the Shanghai stock index gave up all its gains and returned to near flat.

"At the same time, the market rotation of hot spots on the market is accelerating."

"Indeed, the hype funds that are active in the market, this repeated speculation again and again, on the contrary, once again shattered the confidence of long-term investors who were originally stimulated by various news and external market performance." Zhu Tianyang responded, "Now, the majority of investors on and off the market see that the market has neither an obvious sustained profit-making effect nor an obvious breakthrough in the main line of the market. It is estimated that psychological expectations and investment sentiment are collectively bearish again."

At this moment in Yuhang, inside Yuhang Investment Company, in the trading room of the main fund, Li Meng couldn't help but smile when he saw such a market performance, and said with emotion: "The main lines of the market, the sectors of each industry, and the sectors of each concept In the past few days, it has been rotated almost once, but no effective market breakthrough has been found. According to this trend... It is estimated that the follow-up index will have to go down again when market expectations are further reduced."

At 2:31, half an hour into the end of market trading hours.

"Without the obvious effect of continuing to make money, naturally there will be no follow-up fund groups willing to continue to follow suit and undertake, so... the stock price will naturally not have effective support."

Seeing someone asking questions, Su Yu couldn't help but smiled. His eyes shifted from the two markets, and he looked around the trading room. Several fund trading team leaders, as well as several traders who have performed well recently, smiled and said: "Someone is willing to answer Is there a question from our 'Student Xiaohui'?"

At 2:26, ​​the concept of "Internet Finance" changed, and various funds that were still active in the market frequently attacked the major hot spots in the market, but they were unable to open up the situation. When they found a breakthrough, they returned to the original market in unison. On the trajectory, investors in the off-market and off-exchange markets are relatively acceptable, and the logical expectations have not been destroyed. The three core main lines of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance' make a fuss.

Liu Yuan paused, and continued: "Although the index performance is still on the upside, the rebound trend of the main market has already appeared, and the active funds in the market have returned to the "infrastructure" on the attack path. ', 'State-owned enterprise reform', and 'Internet finance' are the three main lines, which are enough to show that there are active hype funds in the market, and there is no effective market breakthrough for the time being."

In terms of the overall style of the market, it has completely broken away from the market situation led by "coal flying" and "venture capital". Supported market rebound trend and hype hot spots.

"The flow of main funds, the performance of the main line, the trend of popular stocks, and the changes in the volume of each sector..."

At 2:15, Beixin Road and Bridge, which was close to the limit, rose again in a straight line, driving the two main lines of 'infrastructure' and 'state-owned enterprise reform' to rebound.

"Very well said!" Su Yu appreciated Liu Yuan's answer, nodded with a smile, and responded, "The most core thing in financial market transactions is always the word 'market expectation'. After all, everything The price performance of the market reflects not the current value, but the expected value. After understanding this point, even if the threshold has been reached in stock investment, the current market performance has already shown that there is no breakthrough in the main line that is more consistent with expectations. , It also shows that the market bargaining chip structure has not been adjusted as a whole.”

The current market trend is in line with his expectations and previous predictions.

"But the index, seeing... is still working hard to attack!" While everyone was speaking, there was a girl named 'Lu Xiaohui' in the trader team. She was a little confused and couldn't help asking, "Why do you say that?" The market investment sentiment, as well as the disk shape, have weakened instead?"

At the same time, the active funds in various venues that once gathered in the concept field of "venture capital" saw that the line of "venture capital" still failed to get the majority of investors in the market after a short-term rise, as well as other investors. The general recognition and follow-up of Luda Fund can't help but give up the attack one after another. The sentiment of following the trend in its field and the ability to take over the market are rapidly declining.

Of course, even if active funds from all walks of life return to the hot hype areas centered on 'infrastructure', 'state-owned enterprise reform' and 'Internet finance', their driving effect on the market is still more obvious than the previous rebounds. At this moment, the general retail investor group and the main institutional capital group do not have a strong willingness to follow suit and undertake in this field, and the market buying seems quite hesitant.

Because only in this way can he get more cheap chips, and get enough high-quality chips at the bottom, low and main line before the "big bull market" sets sail, so that in the future market turn, he can grab the most lucrative and fattest huge chips in the market. Profit, truly for the development of oneself and the company, lays a solid foundation of capital and wealth.

Following Su Yu's inquiry...

"It also shows that the continuous money-making effect of the market is rapidly weakening."

"It has indeed disappeared." Su Yu took a look at the performance of the 'military industry' sector index and the performance of its related core constituent stocks in the afternoon, and replied with a smile, "The market is expected to be collectively bearish again, and it is estimated that the final The stage of killing and falling should be soon."

Liu Yuan responded first: "As a trader, we watch and watch the market, not only the current market conditions, the stock price performance of related targets, and the main capital flow of each main line and target, or the volume of trading orders. Changing these obvious data is the core thing of 'market expectations'."

At 2:19, the main line of 'infrastructure' and 'state-owned enterprise reform', the core large-cap stocks, Huaguo MCC rose from the water and turned red, and at the same time, a group of constituent stocks in the 'real estate' sector, Gemdale Corporation , Poly Real Estate, Kewan Real Estate, Kumho Group and other core constituent stocks have all ushered in a wave of concentrated funds buying, and their stock prices have also risen.

"If the market continues to adjust, and the adjustment time continues to prolong...it should be a good thing for us?" Zhang Guobing, who had been silent before, took up the conversation at this time, "I think we are currently mainly building positions in the main line of 'military industry'. Under Mr. Su's wise decision to slightly adjust the trading strategy, the two stocks that had previously competed with us for obvious buying funds have disappeared from the market. At the same time, the index of the "military industry" sector has turned from rising to falling, and the selling of the market has become fully suppressed. , It is estimated that there is only a short distance from a complete collapse and a sharp drop. I think the market will turn so that our cost of opening positions should be lower."

But he still has to hold back and wait for the best time to attack heavily.

Su Yu pondered for a moment, and said: "When market expectations fall further, and the bullish sentiment collapses and despairs again, it's time for us to make a big move."

"As for continuing..."

At 2:22, thanks to the rise of the two main lines of 'infrastructure' and 'state-owned enterprise reform', the Shanghai stock index regained its 2255 point and continued to attack upwards.

"It's nothing more than our judgment of the market's expected direction and some evidence to support whether our judgment is correct or not. Just like the current stock price response of a stock is the fundamental expectation of this stock in the future, we have no doubts about the market. The same is true for the mainline market and the judgment of the overall long-short pattern.”

"On the whole, in the current market, the main line areas with hard logic, the most recognized by the majority of investors, and the main line areas with relatively strong follow-up and undertaking sentiments are the three lines of 'state-owned enterprise reform', 'infrastructure', and 'Internet finance'." In the trading room, Zhao Lijun continued, "However, the overall market sentiment is too bad. At the same time, the short-term adjustments of these three main lines are too drastic, and the short-term accumulation of selling power on the disk is too strong. Before most of them are cleared, investors who are willing to buy in the market simply cannot bear it.”

"Whether the important mark of 2200 points in the Shanghai Stock Exchange Index can be sustained, and whether it can become a support platform for market sentiment and the index's short-term bottoming out, no one can say for sure. We can only wait for the next step of the index's performance and the market's transformation. Clearer expectations and judgments.”

Su Yu paused, and continued: "Then the market will continue to adjust, which is a high probability event!"

"in this way……"

At 2:10, the active capital group still lingering in the field saw that the concept of "venture capital" could not support the market situation, let alone stimulate the market's power and emotion to follow suit, and began to abandon this line one after another, and returned to "infrastructure" The two main line fields of "state-owned enterprise reform" and "state-owned enterprise reform" are at the bottom of the two cities' growth lists.

"Active funds from all walks of life in the market have turned around, and they have returned to the three core main lines of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance'."

"The various funds that chased the highs in the early trading today, as well as the group of investors holding shares on the market who had had a glimmer of expectation in the market before, will add to the market's subsequent selling force."

"This also means that in this situation, the market's subsequent selling power will increase significantly."

"At the same time, the expected selling power will increase greatly, while the expected buying power will decrease greatly, so the expected follow-up index performance will naturally not be very good, and there is a high probability that it will follow the downward trend and go to the next level."

Moreover, at the moment, the three main funds of the 'Yuhang Department' are basically in the light position stage, with close to 200 billion funds in hand, waiting to buy.

"In fact, overall, there is no breakthrough in the market at present." Wang Can also responded, "In this market, the market moves so fast, and often a hot spot that has just been hit has half a day's popularity and money-making effects. If it can’t be maintained, this idiot can also see it...the market is here, and there is no bottom at all, let alone consistent expectations.”

"And, because of the continued weakening market money-making effect."

"Data on all of this."

At 1:53, in the 'Venture Capital' concept sector, several leading concept stocks that have changed have soared higher and fell back, and the selling on the market became more and more heavy.

"Just wait patiently!"

Following Su Yu's words...

"Understood!" After Liu Yuan and Su Yu answered one after another, Lu Xiaohui responded, "Thank you, Team Leader Liu and President Su!"

At 2:02, the Shanghai stock index began to fluctuate around the flat plate.

"Back to the current market situation..."

At this time, the trading hours of the market had already moved to 3:[-] p.m.

I saw the fiercely beating prices of the two cities, and they froze in an instant. The Prev index fluctuated for a day, and finally froze at 2254.12 points, up 0.04%. However, compared with the market sentiment at the opening and the index gains, such a closing performance is obviously not as good as the majority of investors in the market expected, and even... relatively speaking, compared to yesterday's market performance, it is even worse. For the weak!
Of course, in the case of relatively weak index performance.

The only thing that makes people feel comforted is that the turnover of the two cities has remained above the 1000 billion mark, with a total turnover of 1072.31 billion, which is basically the same as yesterday. , a glimmer of hope for a theoretical reversal.

Just this glimmer of hope, how likely is it?
I'm afraid it can only be reduced to pure psychological comfort for those who have been deeply trapped at this moment and cannot make up their minds to stop losses and cut their flesh, or a very small number of hard-headed long-term investors!

(End of this chapter)