Rebirth of the investment era

"It hit the water in one second, and the high opened suddenly collapsed. Is this the end of the market for Shanghai Steel Union?"

After seeing the Shanghai Stock Exchange's strong opening higher, and the trend of killing the falling traders, some people in the market exclaimed among the retail investors who were chasing after being trapped.

"Thousands of large orders have fallen sharply, it should be over!"

"Hey, I've reached the top. I'm depressed. I don't know how many points I'm going to be buried in now."

"I'm going to... it's dropped to 5%. Do you think it's going to hit the limit?"

"In three minutes, the amplitude exceeds 10%, and the energy exceeds 90 million, which is close to 100 million. With this amplitude and energy, it is obvious that it is finished!"

"Jiefang South Road just added positions yesterday, is it all over today?"

"Hey, I thought I could continue to double the market like the first and second waves. Unexpectedly... the two top hot money tycoons of Fortune Road and Jiefang South Road collaborated, but they could only go up three boards."

"It has exceeded 40 yuan. This level is actually not low!"

"The main thing is that there is no more positive stimulus. The combination of market sentiment and funds can only go so far."

"It's 4 times the space from the bottom. It's really not low. Alas...it's just that I'm too greedy. I always think that it can go up even if it goes up. Now...I can't sell it even if I want to."

"Just now, the 10,000 and 5,000 hands were smashed. Is this the appearance of Fortune Road?"

"Whether it is sold by Fortune Road depends on the after-hours rankings, but I guess... it's probably from Fortune Road. After all, other hot money players in the market don't have so many chips to throw at it."

"The transaction volume has already reached 130 million. The volume has increased so quickly. I feel like my mood is completely starting to collapse."

"It's four times higher than the bottom. Even if there are sufficient changes of hands along the way, the profit margin is still too much. In this case, these chips... there is no reason not to smash them."

"The decline is approaching 7%. This way... it is really going to reach the bottom!"

"Ah! After the ChiNext index opened higher, it was also crashed by the Shanghai Steel Chain. Today is really a 'big day'. My hand... why can't I hold it back."

"Looking now, it turns out that during the previous collective bidding stage, Shanghai Steel Union was indeed cheating."

"Without the strength of the collective bidding stage, I definitely wouldn't have followed. Now it's good...it's destined to be more than 15 points for the big noodles. I'm just...so angry!"

"Damn it, the ChiNext index has fallen by more than 1%. The Shanghai Steel Union is not only collapsing itself, but it is also going to collapse the two markets!"

"It's over. This trend, coupled with the fact that the market is not good, is probably impossible to reverse."

"The top of the mountain costs 40 yuan. It will probably take several years before we can see it again."

"It is said that a leader must have faith. At this time... can we still believe that the stock price can reverse?"

"Large orders are cleared and the stock price plummets. This is the sign of the top. At this time... you must not have any illusions."

"Actually, if it were the first wave, this kind of flash crash might have the possibility of counter-backing after sufficient changes of hands. But this stock has gone through three waves now. With a full 4-fold increase, Shu can't If you have any illusions at this time, you may be completely trapped."

"Let's go, let's go... I finally managed to buy it yesterday with great difficulty. Today, there is no premium, but I have lost a lot. It's just..."

"This trend, if you stay for one more minute, it will be thanks to one point."

"It seems that when the stock price is really high, even the top hot money seat bonus is of no use!"

"I knew that once the market accelerated, the market would definitely be doomed. At this high level, if there is no sufficient change of hands and huge profits are accumulated, how can we go far?"

"If this falls, it must be a head and shoulders pattern!"

Many retail investors panicked, threatening that this was the end of the Shanghai Steel Union's upward trend, and followed suit and smashed the market...

In the main hot money group where Su Yu belongs, many hot money bosses are staring at the market trend and volume changes of Shanghai Steel Union, and they are also showing a lot of pessimism at this moment.

"That 10,000-lot order at the opening was really a big hit!"

"Even if that order doesn't fall through, I'm afraid the trend of Shanghai Steel Union today won't look good."

"Yes, from the collective bidding stage, we can see that the sentiment for this check is not strong today."

"Originally, if the Shanghai Steel Federation had not opened so high at the end of the collective bidding stage, and could have stabilized at 1 or 2 points and fluctuated hands, there might have been a chance of continuing upwards. Alas... What a pity, 9:24 The rush to raise funds in the last ten seconds was nothing short of a piece of shit and completely ruined the emotional structure and expectations of the venue."

"It's impossible. Even if it's 1 or 2 points, it probably won't be stable. After this period of continuous rebound, both individual stocks and the market are somewhat sluggish. In addition, at the current stage, the market is still a game of stocks. , without new funds entering the market to lift the sedan, it will be a very difficult result to move forward.”

"40 yuan, 4 times the space, is actually in line with expectations."

"Indeed, after three waves of market conditions and a 4-fold increase, we shouldn't have had any high expectations."

"It's not a matter of 4 times. I originally thought that with the two-way seat blessing of Brother Su's Fortune Road and Chief Xu's Jiefang South Road, in the third wave, there will be 5 boards."

"By the way, Mr. Xu added more than 10 million to his position yesterday. It must have been buried today, right?"

"I don't know, but the 10,000-lot order at the opening must be Brother Su. After all, no one else has such a large amount of chips."

"Brother Su appears, then this check should be completely finished."

"This level of volume can change hands. Even if the top is around 40 yuan, it will probably give a good opportunity to enter the market, right? Today, except Brother Su's 10,000-lot order, it can be considered a high position, and other chips are exchanged, but It was all done underwater. Even the people who took over the one-word board yesterday failed to make a profit today. My intuition... Shanghai Iron and Steel Federation may be able to turn back the contract after a large-scale change of hands."

"It's hard! After all, the market collapsed today."

"On the other hand, the check of Huake Financial was influenced by the mood of the Shanghai Steel Federation today, and the one-line board was smashed. It was a bit unexpected. I originally thought that it could at least maintain two one-line boards under the favorable conditions."

“Huake Jincai’s failure here is indeed a bit unexpected.”

"But the overall market sentiment has weakened. Even if Hua Ke Financial breaks the market here and fails to fully respond to the positive news, we cannot follow the trend at this time."

"But at this time, the trend of Hua Ke Financial is more consistent with that of Shanghai Steel Federation!"

"Indeed, they all changed hands violently at the low end of the plate."

"With the capacity of these two checks, if the hands are fully exchanged and the mood can be stable afterwards, there is actually no chance at all!"

"Hua Ke Jincai should still be able to make a profit today, right?"

"Definitely, after all, it's due to the benefits of high transfer rates and a significant increase in half-year results."

"At this time, it seems that it is a bit like a sector dragon. It just... feels a bit unlucky. The good news was announced too late."

"The market is sluggish and individual stocks are retreating. It seems... we need to take a break."

"Let's see how the Shanghai Steel Federation ends. I always feel that the trend of the Shanghai Steel Federation today looks ferocious, but in reality it still smells like a washout!"

"Wash the dishes? How high is this, and you are still washing the dishes!"

"I also think it can't be a washout. The concept of maximalism is really over. After all, the performance has not soared so much, and the fundamentals only have strong expectations for the future, and there is currently no substantial realization. In this situation, In terms of height, if speculation continues to rise, the power of funds to follow the trend will gradually weaken, and... the higher it goes, the faster the market value and circulation of Shanghai Steel Union will grow, and the more funds will be needed to relay the market. In this case, there shouldn’t be any way to hold on, right?”

"I also think it can't be a wash."

"You must know that at the current stage, after the Shanghai Steel Union has fully changed hands, the upward relay has swallowed up short-term active funds of 400 to 500 million. Going up... there will be no direct major positive stimulus for the market to A large number of chips continue to be locked, and it is simply impossible to speculate further.”

"It was a stage high of 30 yuan, but it took a lot of effort to jump over it later."

"At the current high point of 40 yuan, the accumulated chips are more than one order of magnitude larger than when they were 30 yuan. Wouldn't it be more strenuous to jump over it? And...there is indeed nothing that exceeds expectations from the Shanghai Steel Federation. With the emergence of major positive news, I think there is really no need to report any illusions anymore.”

"Not necessarily, although I don't think today's extreme trend is a wash."

"But I don't agree with saying that the pressure of 40 yuan is heavier than that of 30 yuan. In fact, today's price of Shanghai Steel Union is above 40 yuan, or even near the price of 40 yuan, there are not many chips traded at all, which means Said... In fact, above 40 yuan, there are no holding chips, let alone any chip accumulation area."

"Speaking of which... when the stock price of Shanghai Steel Union was around 40 yuan, Brother Su directly placed 10,000 large orders to bring down the stock price. Their motives are indeed somewhat intriguing!"

"Not to mention reversal, I think there is still a possibility of reversal within the day."

"Like this kind of leading stock that has gone up several times, even if the head appears, it is unlikely to be a straight up and down peak. Therefore, I think that even if the stock price will not reach a new high in the future, it has already appeared in the market at this time. In the case of panic selling, there is no need to panic again and scare yourself."

"Yes, it's still the same sentence. The leading stocks that have attracted a lot of market attention will not decay so quickly in terms of sentiment and volume."

"And if the tens of thousands of orders at the opening moment are really made by the Su brothers, then Jiefang South Road is actually not making much money at the moment. In the two Dragon and Tiger Lists, Jiefang South Road bought a total of more than 30 million funds. I I feel that with Mr. Xu’s trading style, he will definitely not give up.”

"Let's look at it again. At least as long as the market attention of Shanghai Steel Union has not dropped significantly, this check is still the market's emotional leader and emotional vane. One stock is enough to move the entire sector and index."

"Hey, pull back!"

"Is it really Mr. Xu who saved himself?"

"The volume has picked up. It seems...Shanghai Steel Federation should be able to save it today."

"No matter how bad it is, it shouldn't fall to the limit, right?"

"I think we can try to make a counter-draw. It is true that a large number of chips in the market are completed by changing hands underwater, and the market has an opportunity to rebound."

"Try 1,000 lots first. Buying at this time is always less risky than chasing the high at the beginning of the market, right?"

"I will also test the position with 500 lots."

Amidst the violent fluctuations and shocks of the Shanghai Steel Union, many hot money players in the group gradually evolved from pessimism across the board to certain divergent views.

then……

When the time reached 10 o'clock, the intraday trading volume of Shanghai Steel Link exceeded 230 million. With relatively sufficient changes of hands, a lot of short-term funds poured in to buy the bottom, and the stock price dropped from around 7 points below water quickly. It pulled back to about 2 points of decline and rebounded by more than 5%.

Su Yu saw the stock price of Shanghai Steel Union rebounding.

And it drove the stock price of Huake Financial to rise, quickly falling from the lowest 1 point to a 5% increase, which seemed to indicate a return to closure.

It cannot help but when funds rise rapidly and time-sharing capacity is exhausted.

When Shanghai Steel Union was about to open its first trading day, it once again placed a market price sell order of 5,000 lots, suppressing its stock price again at lightning speed.

In his opinion, the current change of hands is far from enough.

What he needs is to be able to take advantage of the stock price correction to clear away the high-level profit-making chips, and have a huge amount of chips change hands at a relatively low intraday position.

In this way, the purpose of washing the dishes can be achieved.

It is unlikely that a huge amount of hold-up will be formed in the price range of 38.37 yuan to 40 yuan, which will cause huge resistance to the subsequent rise of the stock price.

The so-called high-level change of hands is the condition for the stock price to turn around.

That is, it is necessary to change hands at a relatively low position, and not near the top price, causing excessive hold-up pressure, so that in the follow-up, it can drive some emotions that have not completely collapsed to open up new space.

I saw another huge order of 5,000 lots, swallowing up all the offensive buying orders and driving the stock price back to its original point.

In the entire market, some of the profit-making funds that originally held some hope and had no intention of entering the market, and the relay funds that suffered small losses, began to be further sold.

And Su Yu...

Then buy some when the stock price of Shanghai Steel Union is approaching the limit.

When Shanghai Steel Union's stock price rebounded too quickly and fell more than 4 points, some more were sold.

Cleverly, its stock price has been suppressed to fluctuate between a 5-point and 8-point drop, prompting Shanghai Steel Union to change hands in large quantities within this price range.

Finally, when the market closes at 3 o'clock.

The stock price of Shanghai Steel Union was fixed at 36.83 yuan, a decrease of 6.03%; the share price of Huake Financial, whose one-word board was smashed, was fixed at 31.65 yuan, an increase of 0.02%, which was worthy of a profit.

Both stocks changed hands, hitting new yearly highs.

Among them, the Shanghai Steel Union's full-day turnover exceeded 480 million. On a technical level, it has indeed reached the peak of high volume.

And due to the heavy volume drop of Shanghai Steel Union...

Investment sentiment in both cities was relatively subdued throughout the day.

At the final close, the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index all closed down sharply, each with a decline of more than 1 point. Among them, several popular concept sectors on the ChiNext Board saw even more significant corrections, such as 'Internet Finance' and 'Mobile Games'. ', 'Intelligent terminal equipment industry chain' and other series of sectors, all popular concept stocks, all underperformed the market.

On the contrary... stocks that didn't rise much before.

Many concept stocks of the ‘Shanghai Free Trade Zone’ planned by Su Yu and Li Meng, as well as the ‘big infrastructure’, ‘big finance’ and ‘big consumption’ sectors that are heavily weighted on the main board, did not fall much today.

After the close...

For this trend throughout the day.

Many investment institutions have begun to say that the market direction is changing, indicating that the valuation of the GEM has deviated too much from the main board, indicating that the main line of subsequent market conditions will be from the GEM with serious bubbles to the undervalued main board. Even many senior market researchers, After seeing the obvious stagflation of the GEM, many said that the valuations of the main board and the GEM will return, that is, in the future, the valuations of the two major sectors will converge.

As for the process of this valuation regression...

Is the valuation of the main board closer to the GEM, or the valuation of the GEM is closer to the main board?

There are obvious differences in everyone's opinions.

Amid this disagreement, when the majority of investors in the market were doubtful about these remarks, at 5:30 pm, Shanghai Steel Union and Huake Financial both appeared on the dragon and tiger list.

PS: I would like to thank the leader of ‘Be Alert and Respectful’ for the reward. Thank you. I will update one chapter first, and there will be more later. It will be later!