The investment era of rebirth

"Concentrate positions?" Zhou Kan asked, "Concentrate on the line of 'film and television media'?"

Xu Xiang nodded, and responded: "Yes, focus on the line of 'film and television media'. After all, the line of 'growth stocks' on the small and medium-sized board and the GEM, according to your analysis just now, the 'film and television media' line No matter how the line is analyzed, it is the line with the strongest hype expectations and investment expectations.”

"We will concentrate the chips on the line of 'growth stocks' on the small and medium-sized board and the ChiNext on the main line of 'film and television media'."

"In the future, no matter after the market has experienced major divergences, the direction of the main line of the market is to deviate from the Shanghai stock market on the main board, or to the small and medium-cap concept growth stocks in the Shenzhen stock market, we can relatively take the initiative."

"Furthermore, LeTV's internal bargaining chip structure has become somewhat loose in the line of 'film and television media' today."

"If we adjust our positions at the right time, we can also get a lot of high-quality chips."

"Okay, I understand!" Zhou Kan nodded under Xu Xiang's explanation and instructions, and then quickly issued corresponding trading instructions to the traders in the trading room.

And as his trading order was issued...

At this time, the market trading time has come to 1:46.

I saw that the overall market conditions have not changed much compared to before. Whether it is the Shanghai Stock Exchange Index, the Shenzhen Index, the ChiNext Index, or the Small and Medium-sized Index, they all maintain a relatively balanced trend of shrinking and oscillating. , are also in a shrinking shock state.

It's just that there are two stocks of LeTV and Netspeed Technology that are fried.

After the time-sharing volume continued to explode, at this moment, with the main funds buying, the daily limit was sealed again.

Of course, even if these two stocks re-sealed the daily limit, they failed to reactivate the hot hype sentiment of the main line of the "film and television media", "Internet application", and "Internet software" and the main line of "growth stocks" on the GEM. It can only slightly save the market trend of the major core concept stocks in these major mainline fields, and weaken the corresponding follow-up selling.

"Hey, the entire market has shrunk severely!"

Seeing that Netspeed Technology and LeTV have closed their daily limit again, they have not been able to stimulate the mainline hype sentiment of the "film and television media", "Internet application" and "Internet software" and the "growth stocks" of the GEM. The majority of retail investors in the platform discussion area are all a little disappointed.

"It should be like this today, right? Regardless of the Shanghai Stock Exchange Index, the Shenzhen Stock Exchange Index, the ChiNext Index, or the Small and Medium-sized Board Index, under this kind of time-sharing capacity, there is no way to make an upward impact."

"The Shanghai stock index is 2300 points away from standing firm, and it is only a short line away!"

"They are very close, but they are like a gap, which cannot be crossed without the support of strength."

"The market is still too divergent, and it is safe to follow the trend if you don't know where to follow the trend. Otherwise...the capacity should not shrink to this point."

"Even the trend of concept leading stocks of the nature of Wangsu Technology and LeTV is unstable. It is normal for everyone to hesitate and have concerns in their hearts. In the current market, apart from the line of 'film and television media' that is relatively consistent in expectations, other stocks It’s easy to get slapped in the face if the main line follows suit, right?”

"Indeed, so today is a day of divergence, and tomorrow we should be able to see signs of a definite turn in the market."

"In a word, just wait and see."

"It's better to be quiet than to move, that's true. In the morning, I hurriedly liquidated the funds of the popular concept stocks of 'infrastructure', 'military industry', and 'Internet finance'. They are recovering one after another, and they should be regretting it too, right?"

"It's right to regret it. Holding shares requires faith."

"'Infrastructure', 'Military Industry', and 'Internet Finance' are the main lines of business. Mr. Su's 'Yuhang Department' is optimistic about the main lock positions. The follow-up market should not be much worse. Now it is only a short-term comparison of the entire market. , It has risen too much, and it just needs to digest profit taking."

"Agreed, I think whether it is 'infrastructure', 'military industry', and 'Internet finance', which are popular in the early stage, or the newly hyped 'film and television media', 'Internet software', 'Internet application', or even 'smart There should be opportunities in these main lines of the mobile phone industry chain."

"Generally speaking, the expectations of these main lines are not bad. The key is that the Shanghai Stock Exchange Index has not broken through for a long time, which always gives people a feeling that the market trend is unstable, and they are hesitant to take a heavy position or intervene with a full position."

"I feel the same way."

"Indeed, I always feel that it is so difficult for the Shanghai Index to break through 2300 points. It will be even more difficult to break through 2400 points or even 2500 points in the future. It will be even more difficult to refresh the rebound high in early May."

"According to past trends, the Shanghai stock index usually falls for a long time."

"I hope that this time, the stock index will not stay in this position for too long, otherwise the more it consolidates, the more flustered I will be."

"Whether the market can go up, whether it can stand firm at 2300 points, and continue to open up space, I think the first thing to look at is the line of 'big infrastructure', when the adjustment can be completed."

"Well, looking at today's market trend, it is true that the trend of the Shanghai Stock Exchange Index has the strongest correlation with the performance of the main line of 'big infrastructure'."

"So, the line of 'big infrastructure' is the real core line of the market?"

"Yes, I think so."

"I think that no matter which main line direction it is, as long as a consistent expectation can be formed, causing the market's main funds to shift in one direction, the index can also break through upwards. It doesn't have to be the line of 'big infrastructure'."

"However, only the line of 'big infrastructure' is the one with the least divergence in medium and long-term investment expectations among the many core lines in the current market?"

"Indeed, in fact, if the main line of 'traditional finance' is moved, the stock index will be able to go up easily."

"The field of 'big finance'? Impossible, this direction is not expected at all."

"However, in the field of 'big finance', especially the traditional financial heavyweight stocks, the valuation has been compressed to the historical limit. If the main funds work together, it should be possible, right?"

"It's difficult, there is no expectation, the deposit is driven by incremental funds, and the main funds of all parties in the field, no one will do this 'take advantage of'."

"Don't look at PE, it's a useless indicator."

"Indeed, looking at PE stocks, you will lose money sooner or later in the big A."

"It is impossible for 'big finance' to lead the market to break through. There is no strong expectation. How much capital is needed to promote these financial heavyweights with such a large market value and volume? There are really so many incremental funds...there is strong medium and long-term investment expectations Isn't the 'big infrastructure' easier than the 'big finance'?"

"Hey, forget it, I don't want to break through the index."

"Actually, even if the index can't break through, it's still good for the market to perform another wave of the trend in the second half of last year."

"Whether it's a good idea, whether it's 'mobile Internet' or 'smartphone industry chain', the current expectations of these two main lines are not as strong as last year, and the core stocks in these two main lines, although from the past It has been adjusted for half a year from the end of the year to now, but overall, the stock price has risen a lot compared to last year's hype, and even some stocks are only halfway up the mountain from the peak of last year's hype. With the kind of hype last year, the space will not be too high."

"But there's always a certain expectation, right?"

"Generally speaking, during the adjustment stage of the main lines of 'big infrastructure', 'military industry', and 'Internet finance', the line of 'growth stocks' on the small and medium-sized board and the ChiNext board can still undertake some market trends, and it is also a hot spot in the early stage. Under the adjustment of the main line, the only money-making effect field?"

"But I always feel that apart from the main line of 'film and television media', there are more or less problems in other main lines, the effect of making money and the initiative to undertake funds."

"To put it bluntly, it means that the market recognition is not enough."

"Wait patiently. At this time, the opportunity on the left is full of uncertain risks. It is safer to wait for the opportunity on the right."

"Yes, wait until the third board confirms the leader."

Amidst the heated discussions among many retail investor groups, the time trading time has passed 2:30 pm and entered the last half-hour trading session of the late trading without knowing it.

However, in the passage of transaction time.

There are still great differences in the style of market conditions, and at the same time, the quantity and energy continue to shrink. Among them, the Shanghai Index is trapped at the 2300-point mark, and it does not go up or down. The position of the increase has also completely lost the upward momentum.

As for the popular themes such as 'infrastructure', 'military industry', and 'Internet finance' that have attracted a lot of market attention in the early stage, as well as 'film and television media', 'Internet software', and 'Internet applications' that occupy the two cities' growth lists today Performance, at the moment is also sluggish.

Core stocks such as 'infrastructure', 'military industry', and 'Internet finance'.

Stocks such as 'Huaguo MCC, Shanghai Construction Engineering, Beijiang Communication Construction, Pudong Development, Gemdale Group...' have been oscillating around the position after the rebound after a wave of rapid rebounds before, and neither continued to At the same time, it is difficult to dive and smash the stock price down.

Similarly, core stocks in the main line fields of 'film and television media', 'Internet software' and 'Internet application'.

In addition to the various concept stocks that had already closed their daily limit in the early trading, a group of core concept stocks that were pulled up in the afternoon, even after LeTV and Wangsu Technology’s fried boards were closed, the active selling was not so serious, but the initiative to follow the trend and attack However, the buying orders also weakened a lot at the same time, causing many stocks to fall into a state of shrinking and oscillating sideways.

In short, at this moment.

Due to market differences, the majority of investors are more hesitant to invest in psychology.

Instead, the entire market has formed a delicate long-short balance pattern, stuck at key points, and has become a narrow range of shocks that can't go up or down.

In the face of such market trends.

As the main institutions of the "Yuhang system" with heavy positions in the main lines of "infrastructure", "military industry" and "Internet finance", and other institutions with similar positions, they are willing to accept; however, for the comprehensive guidance of market sentiment And actively follow the trend of funds to the direction of "growth stocks" on the small and medium-sized board and the GEM, and the weight of holdings is fully shifting to the core main lines of "film and television media", "Internet software" and "Internet applications" "Pingyin asset management institutions", and Its mechanism similar to the direction of the manipulator is an obvious danger signal.

"Mr. Liu, the market trend is a bit deviated from our expectations and assumptions!"

At 2:35 p.m., in the trading room of Pingyin Asset Management Center, the core main fund, fund manager Chen Shen stared at the trading boards of the two cities, frowned slightly, and reported to the silent general manager Liu Zilianghui: "Netspeed Technology and LeTV’s re-blocking did not raise popularity and sentiment, which proves that market investors have great doubts about the market continuity of the small and medium-sized board and ChiNext’s “growth stocks” line!”

"I see!" Liu Ziliang responded angrily with sharp eyes.

After the market opened in the afternoon, the daily limit of Netspeed Technology and LeTV was smashed, which he did not expect at all.

Of course, this is also his mistake in the overall trading thinking.

If they can place a large number of orders in advance on the daily limit boards of Netspeed Technology and LeTV, which have already reached their daily limit, to avoid the daily limit boards of these two core concept stocks being smashed, the current market trend will not be like this.

However, it is useless to regret these things now.

"What should we do now?" Chen Shen saw that Liu Ziliang's expression was not good, he paused for a while, and said cautiously, "Wait and see first, or continue to operate according to the previous thinking?"

Liu Ziliang responded: "Wait and see? At this time... time is not on our side. The more we wait and see, the more doubts market investors will have about the market continuity of the "growth stocks" line of the small and medium-sized board and the ChiNext market. The more active capital groups who are hesitant in the industry, the more likely they will turn back to the previous popular themes of 'infrastructure', 'military industry' and 'Internet finance'."

"And if these funds are really transferred back, then everything we have done today will be in vain."

"Similarly, once the majority of investors in the market have more doubts about the market continuity of the line of "growth stocks" on the small and medium-sized board and the gem, and they are unwilling to follow suit, then this line will be abolished, and we want to put The main trend of the market and the plan to transfer from the Shanghai stock market to the Shenzhen stock market will also go bankrupt."

"Then we..." Chen Shen asked.

"Continue to increase the position and increase capital investment according to the previous operation idea." Liu Ziliang interrupted Chen Shen's words and said decisively, "In the trading market, the final result of hesitation in the face of opportunities can only be failure. The current market as a whole The emotional trend and the scope of the profit-making effect are still on the line of "growth stocks" on the small and medium-sized board and the ChiNext board, and the selling pressure on the main lines of "infrastructure", "military industry" and "Internet finance" is still there. We continue to invest funds to guide the market, and it will be effective."

"Okay!" Seeing Liu Ziliang's decisive expression and firm tone, Chen Shen didn't dare to ask more questions, so he hurriedly responded.

Then, he immediately looked back and quickly issued an order to the traders in the trading room to continue selling the fund's positions on the core lines of 'Infrastructure', 'Military Industry', and 'Internet Finance', especially those related to the 'Yuhang Department' There are a lot of overlapping stock chips in stocks, and at the same time, it also allows everyone to increase the amount of chips bought in the core areas of 'film and television media', 'Internet software' and 'Internet applications'.