The investment era of rebirth

Chapter 456 Gains and losses of 2200 points!

Immediately afterwards, at 10:38, the Shanghai stock index fell back to the 2210 point mark, and the decline expanded again to around 0.5%. Internet finance', 'Mobile Internet', 'smartphone industry chain' and other core popular stocks in the main line of the industry have also shown signs of poor capacity to undertake, and the selling price once again suppressed buying.

At 10:42, the Shanghai Stock Exchange Index fell further to around 2205 points, and the decline further expanded.

At 10:46, the stock 'Shanghai Sanmao', which had opened its lower limit 15 minutes ago and rebounded rapidly, re-sealed its lower limit after struggling, and continued to bury a batch of speculative bottom-hunting funds.

At 10:48, originally ten minutes ago, Changqu Technology, which was once popular, plunged from the intraday low of nearly 5 points, and once again plunged into the green again, and the intraday decline once again expanded to . About 2%, also buried a batch of follow-up bottom-hunting funds undertaken at high intraday positions.

At 10:53, the Shanghai stock index hit the 2200-point mark again.

At 10:57, the Shanghai stock index continued to fall, broke through the 2200 mark again, and returned to near the opening point, losing this important support position.

At 10:59, the Shanghai stock index rebounded again, but the strength was very limited.

By 11:05, the Shanghai Stock Exchange Index began to fluctuate around the range of 2195 points to 2205 points, and the overall market situation was extremely scattered. Active capital groups on the market attacked everywhere, and there were re-influxes of 'consumer', 'medicine', 'financial funds' ' and other defensive sectors; some continue to hunt for the bottom line to attack core themes such as 'infrastructure' and 'state-owned enterprise reform', and some try to switch styles to stimulate the growth of 'mobile Internet', 'smartphone industry chain' and other small and medium-sized boards and gems Stocks' main line, in an attempt to continue to leverage the investor group's investment sentiment for the entire small and medium-cap concept stocks in the market.

But no matter from which direction these funds flow in and attack.

In his opinion……

In a weak market, after panic selling is cleared for a short period of time, the time to counterattack is in an instant. At the same time, only by quickly making a strong rebound and rapidly improving the market's profit-making effect can the market's investment sentiment and investment confidence be quickly reversed. Contain other potential hesitant selling in the market, and finally quickly recover the lost ground, truly making the market complete the trend change in the direction of long and short, forming a substantial bottoming out trend.

Due to the more thorough adjustment of time and space, the pressure on the disk on the way up will naturally be much lighter.

In the continuous increase of positions, Yu Lei, the head of the fund product trading team of 'Yinghui No. 1' frowned slightly, and said: "The whole market, the selling pressure on the market has obviously increased again, and the market has previously undertaken active activities. Funding seems to be shrinking significantly.”

"Moreover, what's even more terrifying is..."

"Obviously, in the direction of the small and medium-sized board and the GEM, the line of 'growth stocks' is obviously full of vitality, right?" Shao Xiaoyun had no doubts about this, and said, "In fact, only the concept of small and medium-sized stocks Only when the stocks are active will the hype sentiment in the market rise, and the investment risk appetite in the market will rise again."

Liu Changling thought for a while, and continued: "In the absence of a consistent convergence of these two major differences, it is still quite difficult for the market to form a substantial breakthrough, truly stand at 2200 points, and realize the reversal of the long-short trend. "

"The key is to look at this... the stock index is still at 2200 points, and it still can't hold it!" Shao Xiaoyun took over the words and said, "Under the weak market, it can't stand horizontally, and it can't stand at 2200 points. As the trading time goes by, the market The group of investors holding positions who hesitated before will all press up again, and at that time, the selling orders on the market will be completely suppressed and the buying orders will be completely suppressed, causing the market to return to the extremely weak situation in the early trading."

Liu Changling pondered for a while, and responded: "My idea is that we have to wait patiently for a while. In this position, we can no longer rashly increase our positions to follow up. Fortunately, during the early trading period, our increased positions are not too much. At this time If you stop, the loss will not be too great."

"In other words, the sell-off will become heavier and heavier, while the active buying force will become weaker and weaker."

"What you mean is that at the current position, the market has not really bottomed out, right?" Shao Xiaoyun heard Liu Changling's analysis and finally understood what he meant, "That is to say, this is not the same as the bottom of the market. The golden needle is actually a fake gold needle?"

"Without the support of core market hotspots..."

"This group of so-called major financial institutions in China, as well as those guys who claim to be top-notch hot money, really don't know how to speculate in stocks. They know how to group together and follow suit."

Of course, the main funds in the market have differences in the direction of the main lines of 'infrastructure', 'state-owned enterprise reform', 'mobile Internet', and 'smartphone industry chain', which he has also noticed.

"Continue like this……"

Liu Changling responded: "Judging from the actual market trend, that's the case."

At this moment, everyone was unable to form a concerted effort, which instead caused the investment sentiment and investment confidence of the two cities to further decline.

And according to the panic-selling at the beginning of the session, the index quickly regained the lost ground in the wave just now, and the intention of a rapid upward attack.

Liu Guanhai patted Yu Lei's shoulder lightly, and continued: "This morning's 'golden needle probe' is still of considerable quality, and in the whole morning's market, there are quite a lot of main funds and bargain hunters who took the initiative to intervene. Even if we can't fully counterattack today and achieve a big rise, there is a high probability that the extremely panic selling situation in the early trading will not happen again."

Therefore, he is still full of confidence in this.

"Hey, I hope!" Yu Lei saw that Liu Guanhai didn't take it seriously and still insisted on the trading strategy of buying bottoms, so he sighed helplessly and continued to execute the relevant trading orders.

At the same time, inside the Yinghui Fund Company, on the other side was the 'Yinghui No. 1' fund product trading room.

At the same time, the market has no core hotspots with strong consensus expectations. According to his analysis, it means that the market has no real signs of bottoming out.

Although he also hopes that the market will bottom out and reverse at this position, and don't go back to the large box shock range from 2000 points to 2200 points, but his expectations return to expectations. As a qualified trader, the final landing point , still have to respect the actual market trend, make predictions and judgments, not imagine, let alone fantasize.

"The market will not be able to open up a continuous profit-making effect and room for growth, let alone improve market risk appetite and investment sentiment."

"Let me see..." In Yu Lei's worried report, Liu Guanhai's sharp eyes stared back at the trading interface of the two cities again, and then observed for a full minute before replying, "Compared to before, the buying volume It may indeed attenuate, but this is also normal. After all, the trading characteristics of the vast majority of investor groups in the market are buying up and not buying down. At this moment, the index pulls back from the intraday high and shrinks simultaneously. There is nothing wrong with it. "

Liu Changling replied: "Mr. Shao is right. I always feel that the biggest reason is that the market funds can't form a joint force in the direction of choice, which leads to the bottoming out and counterattack situation, which has become what it is now. In terms of which main line to choose as the main direction of the market, it is really hard to say in order to best stimulate the follow-up effect of the majority of investors in the market, and to truly open up the market to make money and reverse the trend.”

Among the several main lines, he is more inclined and focuses on the two main lines of 'mobile Internet' and 'smart phone industry chain'.

corresponding……

"So, despite being very helpless, it is unexpected and reasonable for the index to fall again in a key position."

"What the hell... is this trend really poisonous?"

"Aggrieved!" Shao Xiaoyun said bitterly.

Therefore, he believes that as long as the main funds of all parties in the field are not stupid, in the four main lines and two directions, they will inevitably choose the two major directions of 'mobile Internet' and 'smart phone industry chain'. It is believed that in the case of very limited incremental funds and active funds in the market, these two major areas of circulation are relatively small "growth stock" concept stocks, which are obviously easier to hype and emotionally driven.

"So, your suggestion is..." Shao Xiaoyun continued to ask.

An hour ago, the direction he chose to buy bottoms and increase positions was this direction.

At 11:06, inside the Shanghai Yinghui Fund Company, the 'Yinghui No. 2' fund product trading room, Shao Xiaoyun, the fund manager who made a comprehensive bottom-hunting operation just an hour ago, saw the situation in the two cities and turned to the weak again , I couldn’t help but burst into flames: "This can't be a red plate, and it can't stand at 2200 points. It's really a waste. Are the main funds in the whole market eating shit? Such an obvious counterattack opportunity, I don't know why it is still there. hesitate?"

"Damn, what a great opportunity to counterattack, just go to waste."

"What's more, at this moment, the majority of investors who are hesitant and wait-and-see in the market are still the vast majority. The active funds in the market are very limited. After there are obvious differences in the main direction of attack, such active funds are naturally even more difficult to truly realize. Open up the market space.”

"Looking at the choice of main funds from various sources in the market, the two previous core market lines of 'infrastructure' and 'state-owned enterprise reform' should also be recognized by many main funds." Liu Changling said, "And the market is in the direction of breakthroughs. The biggest differences are the two main lines of 'infrastructure' and 'state-owned enterprise reform' that focus on the main board and large-cap stocks, and the two main lines of 'mobile Internet' and 'smartphone industry chain' that focus on the direction of the small and medium-sized board and the gem. In other words, the biggest disagreement in the market is whether to focus on the main board, or the small and medium-sized board and ChiNext.”

Fund manager Liu Guanhai is still instructing the traders in the trading room to buy quickly, and do their best to increase their positions in the line of "growth stocks" in the small and medium-sized board and the ChiNext board.

Yu Lei paused for a moment, and then continued: "I'm afraid the index is on the 2200 line, so I can't hold back!"

However, according to the current actual trend of the market, the main funds from all walks of life cannot form a synergy at all on the market.

"I think……"

"Don't worry too much..."

It's just that he believes that this difference is completely short-lived.

At the same time, it also caused the market of major popular concept stocks to be suppressed by huge selling orders once again.

After the index opened low in the early trading and directly broke through the 2200 point, in the extreme panic situation, it can still pull back strongly, which is a symbol of bottoming out. It fell to 2200 points and consolidated, which further shows the stability of the 2200 points support level.

The so-called one blast, then decay, and exhaustion.

Shao Xiaoyun thought that the main funds in the market had already reached an agreement on investment expectations and investment directions, which would enable the index to form a substantial bottoming out trend here, but he did not expect... After the index regained its stability at 2200 points, The attack paths of the main funds from all walks of life were chaotic and inconsistent, which eventually caused the index to fall back at the most critical moment, re-inducing a large number of previously hesitant selling chips in the market.

As long as the Shanghai Index stabilizes at the first line of 2200 points, the majority of investors inside and outside the market will realize the solid supporting role of this position, and realize that the Shanghai Index has a high probability of bottoming out at this position, then the market sentiment in the afternoon will definitely be positive. It picked up again, which drove the bottom-hunting funds to further gather in the direction of the hot main line of the market.

"Mr. Liu, I feel something is wrong!"

"On the contrary, the increase in volume and the decline in volume does not mean that the index has bottomed out at this position?"

"Hey..." Hearing Shao Xiaoyun's angry complaints, Liu Changling, the trading team leader, couldn't help sighing, and said, "There are huge differences in the market in terms of the specific direction of the breakthrough of the main line of the market, which disperses the importance of the market. Taking over the strength, the market has never been able to form a core market hotspot.”

But in the end, after carefully reviewing Liu Changling's opinion, he still agreed with his idea and stopped the original trading strategy of buying Masukura.

Shao Xiaoyun paused, and continued: "Once the market has turned into an extremely weak situation again, due to the rapid rebound in the early trading stage, the bottom-hunting funds have not been able to make profits at all, and the market has not played its due profit-making effect. The funds accepted by the venue will appear more hesitant when accepting the funds."

It is also because these two core main lines have shown a leading trend in the market performance before the Dragon Boat Festival. At the same time, compared with the two core main lines of 'infrastructure' and 'state-owned enterprise reform', which were obviously over-hyped in the early stage, The two lines of 'Mobile Internet' and 'Smartphone Industry Chain' need to be more complete and thorough in terms of adjusting space and time.

And as the relevant transaction orders continue to be executed...

At this time, the market trading time has reached 11:20, entering the last 10 minutes of trading before the noon break.

I saw that the time had just entered 11:21.

The Shanghai Stock Exchange Index, which has been horizontal for almost 2295 minutes from 2205 to 20, suddenly began to slide downwards rapidly under the re-gathering selling pressure of the entire market.

(End of this chapter)