The investment era of rebirth

Chapter 549 Competition for Market Dominance (38)!

"This morning's market trend is really awesome!" Some people sighed while the news in the group was being refreshed.

"With regard to the market investment sentiment before the market in the morning, and the market investment trend, who would have thought that the market would close at noon, and it would be like this?"

"It's too much to go too far, and the line of 'technological growth' in recent days really fully illustrates this point."

"I have to say that Su is always really good, and every time he accurately predicts the market's market turn."

"I seriously doubt that today's market trend in the direction of 'big infrastructure' and 'military industry' is the lure of funds from the 'Yuhang Department' under the leadership of President Su."

"The lure must have group funds to follow suit, in order to form a real turn in the market!"

"It's not so much the result of the change in the direction of the market caused by President Su's 'Yuhang System' fund lure, but rather the result of the collective efforts of market funds."

"I have felt that the main line of 'technological growth' has some problems in the market trend, and it is not surprising."

"The day before yesterday and yesterday, the line of 'technological growth' was a bit of a forceful pull to lure more people. Today, this big main line collapsed at a high level, and there are actually traces to follow."

"Indeed, especially the check of 'LeTV', the recent trend, the sign of this kind of forced market to lure more is quite obvious."

"The main line of 'technological growth' has been so ruthless today, the short-to-medium term trend should be over, right?"

"It must be over. The line of 'technological growth', I don't know how much money has been buried in the entire morning, and the peak of the chips above has been formed. Now that the main line of 'big infrastructure' has started, the active capital flow of the entire market has been attracted. In the direction of the main board of the Shanghai stock market, it is impossible to have a greater capital undertaking force than in the early trading stage today. In a short period of time, we will liberate the peak of the upper quilt. Therefore, the line of "technological growth" must have no market to count on in the short term. .”

"However, there are quite a few main institutions that have increased their positions on the main line of 'technological growth' recently. I don't know...will these main institutions intervene to save themselves and forcibly maintain the market?"

"The holding goals of major institutions, and even investment expectations, should not be short-term. It may be difficult for them to maintain short-term market conditions."

"The active capital flow of the entire market has been attracted by the main line of 'big infrastructure' in the direction of the main board of the Shanghai Stock Exchange at this moment, and after the emotional brewing in the noon, and the influence of the profit-making effect of the entire 'big infrastructure' and 'military industry' in the morning, After the opening of the market in the afternoon, the emotional expectations and hype in these two directions will definitely only be higher. In addition, the market has not yet gotten rid of the pattern of "stock game". The main institutions of the main line want to forcibly maintain the market, I am afraid they will not be able to do so? After all, the market really does not have so much incremental funds, which can support the simultaneous development of the two main lines."

"It's reasonable. If the incremental capital in the market is sufficient, the market will not always be in a seesaw trend."

"Those who hold chips in the line of 'technological growth' should take profits immediately. If they have higher expectations, they will only be disappointed."

"I feel that the two hot sectors of 'Internet Finance' and 'E-Commerce' can still be revisited."

"Well, the trend of 'Hengsheng Electronics' is obviously not over yet."

"'Sanjiang Shopping' and 'Pegasus International' also have the hope of being closed again."

"The main ones to avoid are the two industry sectors of 'film and television media' and 'Internet software' which are obviously at a short-term high level. Of course...the 'Apple Concept' sector should also be avoided."

"A gentleman does not stand under a dangerous wall. Since the line of 'technological growth' has changed from strong to weak, there is no need to go shopping for strong concept stocks when the main line is weak. Currently follow market trends and do" Isn't the strong main line of "big infrastructure" not good?"

"Indeed, get rid of the weak and keep the strong. This doesn't just refer to the choice of individual stocks, but also the concept of the main line."

"Just talking about the two lines of 'big infrastructure' and 'military industry', which stocks are you optimistic about?"

"The check of 'Fushun Special Steel' is definitely the core hype stock in this round of market. Others...'Beijiang Communication Construction' is an old demon stock in the early stage, as well as 'Tianshan Cement', 'Hongdu Aviation', The checks of 'Chengfei Integration' are relatively explosive potential at present."

"Huaguo MCC, Huaguo Railway Construction, and Huaguo Communication Construction are several super-cap stocks, and the trend is also terrifyingly strong!"

"These checks are too big. This is the main battlefield of institutions. We, small shrimps in the market, should focus on concept stocks with a market value of less than [-] billion. It is safer."

"It's a pity that the daily limit of 'Fushun Special Steel' is too early, and there is no hope of intervening in the afternoon."

"I think it is not limited to the direction of 'military industry' and 'infrastructure'. From the looks of the market, this time it is under pressure to actually break through the 2300 point level. So... other market bottom-hunting areas can also be actively involved. Moreover, the scope of "infrastructure" is so wide, and various concept sections such as "public transportation", "high-speed rail", and "port transportation" that have not changed much in the morning can also participate in it!"

"Hey, this idea is not bad, especially the 'port transportation' sector, which belongs to the category of 'big infrastructure', but after the hype of the 'Shanghai Free Trade Zone' last year, it has been silent for a long time, that is... ...It is not easy to choose the specific target, and the logic of everyone's expectations in this direction still remains on the 'free trade zone'."

"What about 'high-speed rail'? This is the country's main business card this year."

"There is also the 'state-owned enterprise reform and restructuring' can also be extended speculation."

"In fact, after careful analysis, there are quite a few sectors and concepts with hype logic in the direction of the main board, and the stock prices are relatively low."

"Indeed, there was no hype before, but the line of 'technological growth' has siphoned too much active funds from the market, and everyone's eyes are not on the direction of the main board, right?"

"The direction of the main board has not formed a continuous market. I think it was the second half of last year. The independent market trend of the Shenzhen Stock Exchange, especially the 'GEM', had an impact on the logic of market investment, as well as the investment sentiment of the majority of investors in the market. The impact of investment thinking is too great, leading to the lack of corresponding investment expectations for the undervalued stocks on the main board, and without investment expectations, it is naturally difficult to have a sustainable market.”

"This is the truth. In the direction of the main board, in the past two or three years, the only effective rebound was the result of the funds from President Su's 'Yuhang Department' leading the market in April and May."

"It was precisely that wave of continuous rebound that loosened the bargaining chips of many heavyweight stocks on the main board!"

"Yes, it is because of the last wave of effective rebound that the two lines of "big infrastructure" and "military industry" on the main board today can burst out in an instant to undertake such capacity, and quickly gather market investment sentiment, right?"

"Without the lure of Mr. Su's 'Yuhang Department' funds, I estimate that the stock index at this moment is probably still hovering around 2000 points."

"The market has come to the present, and it is good to 'switch between high and low'."

"Of course, without the support of the Shanghai Stock Exchange Index, the line of 'technological growth', in fact, cannot go far."

"I feel that the changes in the wave of "big infrastructure" today are more intense than the two days after the Dragon Boat Festival, and when the wave of market starts in April and May, especially the "Hua Guo Construction, Hua Guo Railway Construction, Huaguo China Metallurgical Corporation, Huaguo Communication Construction, Huaguo China Railway...'This large-scale central enterprise and state-owned enterprise with the prefix 'Hua', this change is really too violent. The check for 'Huaguo Construction' alone, before the market closes at noon, In the last few minutes, more than 4 million large capital inflows have been frantically absorbed!"

"The 'real estate' sector is also booming. Heavyweight real estate companies such as Poly Real Estate, Kewan Real Estate, and Gemdale Group are all changing within a few minutes of the noon closing."

"These...are all super large-cap stocks! Could it be that the 'national team' has entered the market to increase their positions?"

"It's hard to say, but it's not easy for a group of heavyweight state-owned enterprises and central enterprises to move up and move up in the entire mainline field."

"'The reform and reorganization of state-owned enterprises and state-owned enterprises' can squeeze into the forefront of the market's concept sector. Really continue to spread this underlying logic deeply, let the majority of investors in the market pay attention, and gradually realize it, and finally form a relatively consistent consensus expectation.”

"The underlying investment logic is changing? Does it mean...the revaluation of blue chips?"

"It's not necessarily revaluation, but with the gradual deepening of the macro policy direction of the 'reform and reorganization of state-owned enterprises and state-owned enterprises', blue-chip heavyweight stocks also have a good room for imagination. Under strategic planning, the fundamental logic of many weighted blue-chip stocks will also be greatly improved.

"Damn it, what a word to wake up the dreamer, the market can't really change like this? From one extreme to another extreme?"

"Whether such a change can be made depends on whether the 'pendulum effect' of the market will come true."

"If the blue-chip market moves collectively, and the underlying investment logic of the market that originally focused on 'growth' changes, will the 'bull market' predicted by President Su appear?"

"There is no sign of a 'bull market' yet, but it is not impossible to expect."

"I always feel that after the Shanghai stock index jumps over 2300 points, there is a high probability that it will not go back in the future."

"Haha, let's hope, I hope that this wave of the Shanghai Stock Exchange Index can break through the high point of the previous round of rebound, break through the suppression of the 2500-point range, and truly hit the expectations of the bull market."

In the intense discussions and the fast-refreshing group news interpretation, time also moved forward quickly.

Before I knew it, it was 12:36.

At this time, in the face of the sentiment change of the entire market that is increasingly biased towards the main board's "big infrastructure" and "military industry", as well as more and more pessimistic developments in the market about "technological growth", there are still many chasing higher in the morning 'Technology growth', the main line of individual stock prices, has been affected by the topic of frequent complaints from investors.

Shenzhen Stock Exchange, inside Pingyin Asset Management, the main fund trading room.

Liu Ziliang, the general manager of the asset management business, kept updating the market news, and felt more and more bad in his heart.

"Mr. Liu, the market sentiment is completely shifting towards the main board's 'infrastructure'. Moreover, on the market news, there are more and more rumors about 'accelerating urbanization and continuing to loosen the property market'." Liu Ziliang frowned. Frowning, while thinking about the corresponding countermeasures, the fund manager Chen Shen reported a little panicked, "Also... I heard that the State Administration of Radio, Film and Television is going to issue new regulations on the supervision of Internet TV, which will affect our fund's number one stock." ’, it’s absolutely bad news, what should we do now…?”

Liu Ziliang raised his head and glared at Chen Shen, and responded: "Don't listen to the fact that the wind is the rain. The previous five ministries and commissions have just issued a series of stimulus policies in the field of 'film and television media'. Isn’t the new regulation a mess? Do you believe this kind of news?”

"It's not whether we believe it or not." Chen Shen said, "The key is...the retail investors who don't understand the market, and other investors who hold LeTV's stock believe it, then it's over. After all, once expectations are formed , it would be really difficult to reverse.”

"Mr. Liu, why don't you contact Mr. Gao of 'E Fund', Mr. Shan of Huarui Public Fund, and Mr. Ning of the Investment Strategy Department of Huaxin Securities... Let's discuss it. If the market follows the market trend this morning, If it goes on like this, then all of us may have no good fruit to eat."

"Okay!" Liu Ziliang nodded.

Then, before the market officially opened, he quickly dialed the phone number of several people.

"Mr. Liu, there is no way, and we can't go against the market trend. It's unrealistic to forcefully push up the market at this time." Mr. Gao of 'E Fund' said on the phone, "Respect the market, 'Technology "Growth" line, in the long run, still has investment value, and the expectations are not bad, maybe after a wave of adjustments, the market will rotate, and it will switch to this direction again?"

"Mr. Liu, the market has already switched in terms of market rotation. To be honest, there is really nothing we can do." Mr. Shan of Huarui Public Fund also said on the phone, "Why don't we temporarily give up on 'technological growth'? The idea of ​​increasing positions on this line is to follow the trend and follow the main board to try. After all, we are not too involved in the line of "technological growth", and the market has just turned. In time!"

Mr. Ning from the Strategic Investment Department of Huaxin Securities responded quite concisely on the phone. The other party sighed lightly and said, "Old Liu, I advise you to withdraw quickly. The market trend has really changed this time. .”

After finishing speaking, President Ning hung up the phone, as if there were other allusions in his words.

Seeing that at the dinner table two days ago, Liu Ziliang was unanimously optimistic about the development of the main line of "technological growth", and threatened to follow Masukura to jointly create the market's allies of the main line of "technological growth". After a while, they rebelled one after another, feeling very depressed and unwilling in their hearts.

"Mr. Liu, how are you? What do they... say?" Seeing that Liu Ziliang's expression was getting worse and worse, Chen Shen asked anxiously.

Holding the phone, Liu Ziliang's face sank, and he didn't answer for a while, but he was still weighing the pros and cons in his heart, thinking about a suitable trading strategy.

After the Dragon Boat Festival, in the market's main line of "technological growth".

Their "Pingyin Asset Management System" increased their positions most rapidly, and in the market, on the line of "Technology Growth", several core heavyweight stocks, such as "LeTV, Huayi Brothers, Netspeed Technology , Crystal Optoelectronics' and other votes are all guided by the funds of their organizations.

Today, the market situation has turned, and the liquidity on the line of 'technological growth' has been greatly reduced.

At this time, as they are heavily involved in the field of heavy positions, if they also follow the lead of various funds, the performance of the entire market will be even more tragic.

In short, it means that the position is too heavy, and the exit mode is actively killed.

If you don't shed a layer of skin, you can't get out at all.

This is also a common problem that after the main force of large funds in the market deeply intervenes in a stock, it suddenly finds that it cannot open up room for speculation, and it is difficult to turn around and retreat.

Also, for this reason.

The funds of the "Yuhang Department" can only stick to the main line of "big infrastructure", and cannot flexibly adjust the layout of positions when the market turns to the line of "technological growth", or even change the direction of investment on a large scale, because once they are in their own heavy positions When there is a lack of liquidity in the main line of the market, if you sell down and adjust positions, you are shooting yourself in the foot, and the loss will be more painful than sticking to it, or the appropriateness of the pallet.

But the pallet...

When the allies turned their backs one after another, the funds of their "Pingyin Asset Management System" could not support them.

"Let's see after the opening of the market in the afternoon." After weighing for a long time, Liu Ziliang still couldn't make up his mind to cut his position at this time, and said, "The market trend of the external market is still changing around the main line of 'technological growth'. Short-term adjustments, It can't affect the long-term trend, besides... With the current stock game situation in the market, I don't believe that the stocks with heavy weight on the main board can form a plate effect and get out of the continuous market. Once the rebound sentiment fails, the direction of market rotation will return to the line of 'technological growth' sooner or later."

"But Mr. Liu, what if..." Chen Shen wanted to say something else.

Liu Ziliang couldn't help waving his hand quickly, interrupted him, and said: "Needless to say, let's implement this strategy. At this time, it is unrealistic to adjust warehouses to pursue 'infrastructure' and 'military industry'. At the same time, these two lines, no matter how Analysis, and there is no logic for long-term development. If we take the initiative to sell down at this time, it will only completely collapse the investment sentiment on the line of "technological growth", and make the active capital flow in the market further gushes out from the line of "technical growth". The 'infrastructure' and 'military industry' that have been completely hyped and soaring have been siphoned away."

"The 'Yuhang Department' is entrenched in the funds of 'infrastructure' and 'military industry'."

"Waiting for everyone to do this."

"Moreover, I can feel that today's unprovoked changes in 'infrastructure' and 'military industry' are most likely led by the funds of the 'Yuhang Department'."

"We can't fall into the trap and self-destruct the Great Wall."

Chen Shen saw that Liu Ziliang had already reached this point, and knew that he couldn't be persuaded, so he couldn't help but sighed lightly, and stopped talking, and turned his eyes to the trading interface between the two cities helplessly.

I saw this time...

The time has moved to 1:[-] p.m., and the two cities ushered in the official trading session in the afternoon.

(End of this chapter)