Rebirth of the investment era

Chapter 406 The trend is almost collapsing!

"Damn, what's going on? Isn't this diving too crazy?"

Seeing the Shanghai stock index plummeting into the water, and almost all the popular mainline stocks in the two cities falling on heavy volume, the comment area of ​​the stock trading platform and the large group of retail investors gathered in the stock trading forum instantly became nervous and stared at each other with dumbfounded eyes. Follow the market trends and make relevant reactions and operations in a hurry.

"It doesn't make sense. Why did it suddenly collapse?"

"What the hell... is 2,500 points a trap? This morning's market attack is just to lure bulls?"

"Is this trend poisonous? There is less than 10 points of point space, and you can't get through it? What the hell... what kind of funds are selling? There is really no pattern at all!"

"The accelerating breakthrough trend that was finally achieved in the market in the morning is gone. I'm speechless!"

"The increase of 2 points. The plunge in the afternoon disappeared in an instant. It's incredible... This trend can be reversed. I really didn't expect it."

"Hey, I'm so angry. I'll chase the highs with all my positions in the morning."

"It shouldn't be! Today's trend is too weird. It's obviously just a breath away from 2,500 points. Why can't it break through?"

"The trend of a good breakthrough in the morning suddenly reversed in the afternoon. It is really strange. Can't these garbage main players in the market wait until the Shanghai Stock Index crosses 2500 points before selling? I have invested heavily in chasing the highest point in the morning. Now I can't even think of selling. I can’t sell it, so I’m really mad!”

"The most annoying thing is the late dive. It's really... a rubbish trend!"

"Who called a 'bull market' before? What the hell is this a bull market? What a bull! It's a huge loss!"

"Is the 2,500 point mark poisonous, or something? Why does the Shanghai Stock Index start to fall every time it reaches this point? It has been unable to break through for several years."

"The dividing line between bulls and bears in the market! How can it be so easy to break through?"

"Don't panic, it should be a technical adjustment. After all, if you think about it carefully... the Shanghai Stock Exchange Index has been rising for ten consecutive years, and the accumulation of profits on the market is quite heavy. This sudden pressure of 2,500 points has naturally increased the selling on the market. Once the market digests this wave of selling, it will definitely continue to rise.”

"Bull markets often fall sharply. When the index hits an important pressure level, a sharp drop and a correction is normal."

"Although the Shanghai Stock Index is currently green, it has not fallen much. It can pull up after a rapid adjustment in early trading. There is still a lot of time until the closing. I think it can continue to pull up."

"I don't believe it. With such a good trend, is it really impossible to get past 2,500 points?"

"The past few days have also seen violent fluctuations. I feel that after the Shanghai Stock Index crossed 2,400 points, the trend was not as smooth as before, but it should not be a big problem."

"The Shanghai Stock Index is in the range of 2,400 points to 2,500 points, which is an area where early hold-up orders are relatively heavy. Coupled with the continuous positive performance of the index, a lot of profit orders have accumulated in the market and need to be digested. Naturally, the trend cannot be as smooth as before, but The long-term upward trend has emerged, and as long as the trend does not break, I will continue to be optimistic about the market outlook."

"Bullshit! The intraday shocks and dives in the past two days can be quickly recovered, and on the market of each popular mainline stock, there is no big money main force selling chips crazily, and there is a net outflow of funds, but look at today, look at now... …All the big funds in the market are basically selling!”

"Hey, it's mainly because of the afternoon blast at Beixin Road Bridge. It hurts so much."

"Indeed, the Beixin Road and Bridge check is the real core leader of the two cities and the weathervane of market sentiment. This explosive collapse directly triggered the selling of profit-making funds in the entire market."

"But this check has already moved ten times in a row, how can it increase? In fact, if it can increase to this... it is already far beyond expectations."

"I think the point is not the collapse of this stock, but everyone's speculation that Mr. Su's 'resurgence' position is very likely to have sold off Beixin Road and Bridge's stock chips on a large scale today. This speculation is extremely It has greatly affected market sentiment, thus triggering selling behavior of profit-making funds in the market."

"Yes, I feel that's the case too. Mr. Su's profit-taking speculation may be the key to the market's plunge."

"In the fifteen trading days of Beixin Road Bridge, it has moved twelve times, rising nearly 4 times in height. It is not easy for Mr. Su to be able to sell until now, right? It stands to reason that Mr. Su is right at this time. The selling of Beixin Road and Bridge chips was in line with the expectations of funds from all parties in the market. It should not have caused such a large wave of concentrated selling. I think the market's big plunge... was definitely not caused by this reason."

"No matter what the reason is, the key is, is there any room for the market to turn around?"

"The long-term upward trend is still continuing, and there is definitely no problem, but the short-term trend is really hard to say. After all, the chip structure of the two core main lines of 'infrastructure' and 'state-owned enterprise reform' has obviously loosened today, and the market will turn around in the future. , we have to wait for the chip structure of these two core main areas to be re-issued and the market adjustment to be completed, right?"

"As far as leading stocks are concerned, Beixin Road and Bridge is at a high level today. It has released such a large amount of energy and its turnover rate has exceeded 20%. It is definitely useless in the short term. Although Beixin Communications Construction looks better than Beixin Road and Bridge, it Since the board has also been blown up, it may be difficult to get back the seal, so... in this case, high-ranking tickets will definitely not be available for a short time."

"What a sin! I really shouldn't have picked up Beijiang Communications Construction Company this morning."

"Who knew the trend would evolve into this? Looking at the market trend in the morning, it is obvious that it is going straight to above 2500 points!"

"Hey, I hope Mr. Su will still lock the warehouse today, otherwise... it's really over!"

"It's hopeless. Beixin Road and Bridge may explode to more than 1 billion today. Fortunately, I held back this morning, otherwise I would have eaten a huge amount of noodles today."

"The storm is coming! Hey... I am not as lucky as anyone. I have been hesitating the past few days and the market has been rising. Today I finally made up my mind to follow half of the position. Unexpectedly, it started to plunge straight into the sky and bury people. Could it be that The main force is just staring at the three melons and two dates in my hand? It won’t fall if I don’t take action, and it will fall if I take action.”

"Brother, the next time you buy something, just call me and I won't be able to sell it."

"Damn it, it hasn't stopped falling yet, it's... heading straight for the collapse!"

"We can't hold the 2450 point, it's over!"

"The Beixin Road Bridge is still falling. It has dropped by 5 points. Isn't it really possible for me to guess that it will go to the sky? But don't do it. With such a large amount of energy, how many people will be trapped on the top of the mountain?"

“Damn it, Huaguo Construction’s huge gains in early trading can actually turn green at this moment? I’m really convinced!”

"What the hell... the securities sector is really a troublemaker. If it hadn't been for this sector's crazy pull at the closing time in the morning, how could the market be like this in the afternoon? I knew that the pull in the securities sector would be bad and cost me 40,000 yuan. The chips are chasing at the top of the mountain again, and the market has not even been confiscated yet, and I have already lost 5 points during the day."

"It's okay to lose 5 points. I've already lost 8 points now."

"The Beixin Road Bridge I connected has already set a lower limit, and it looks like it will have to set a lower limit by the time the market closes. Damn... the sky and the floor have not been this miserable for a long time."

“Hey, it’s just that I haven’t caught up with making money, but I’ve caught up with the beatings!”

"I bought it this morning and I can't sell it out. I can only watch the market plunge and worry. Damn it... no matter who calls 'bull market' in the future, I will never believe it."

"I know that making money in the stock market has never been that simple."

"The Shanghai Stock Index is getting farther and farther away from the 2500 point level. Alas...it's not done. Really, it's just another waste of joy. It's all rubbish. It's all rubbish!"

"Big A's trend is really not worthy of a bull market."

"Hey, let's sink in. I'm used to it anyway. If it falls back to 2,000 points this time, I will really swear that I will never trade in stocks again. I'm so tired!"

"What about the promised technical correction? We can't even support the 2,450 point, so there's still a technical correction?"

"The expectation of 2,500 points is gone. Just watch, the market will collapse today!"

During the trading hours when the market continued to dive and weaken, among the large retail investors in the market who were having heated discussions, their bullish sentiment and psychological expectations were also rapidly weakening.

The rapid weakening of this bullish sentiment and psychological expectations continues to affect the market's long-term acceptance power.

This has led to the collapse of the long sentiment and psychological expectations of the majority of investors. The volume of active selling in the market has become larger and larger, while the power of active buying has become smaller and smaller.

Then, when market hours hit 2:25…

When the active buying power was no longer able to support the main selling chips, the market liquidity crisis began to emerge.

Numerous popular concept stocks dominated by hot money, as well as core blue-chip stocks on the main lines of "infrastructure" and "state-owned enterprise reform" where institutions gather together, have experienced unilateral plummeting trends with rapid expansion in volume and rapid decline in stock prices.

At 2:28, Beixin Luqiao was directly hit by another 100,000-lot selling order, which hit the lower limit. The trading volume exceeded 1 billion, and the turnover rate exceeded 30%. It became the first day of trading today. The stocks that were trending on the floor buried countless retail investors and their hot money main force who took over the market this morning in the market.

At 2:29, as Beixin Road Bridge fell to the limit, the Shanghai Stock Exchange's Sanmao also fell to seal the limit.

At 2:30, the Shanghai Stock Index fell below 2430 points, and the decline expanded to about 1%. It has fallen almost 3% from the 2494.38 points set in the morning. The trend can be described as extremely tragic.

At 2:31, Huaguo Construction's decline expanded to 2%, the intraday turnover reached 2 billion, and the intraday amplitude was close to 10%.

At 2:32, China MCC, China Communications Construction, China Railway Construction, China Construction, China North Locomotive, China South Locomotive... and other core blue-chip stocks on the main line of 'infrastructure' and 'state-owned enterprise reform' , all fell into the water, and the entire conceptual sectors and industry sectors related to the main lines of 'infrastructure' and 'state-owned enterprise reform' also all turned from red to green, showing a downward trend, and the entire fields of the two main lines, The total transaction volume reached more than 58 billion, which was in a state of substantial increase compared with yesterday and even in the past few days.

At 2:33, the stock of Beijiang Communications Construction plummeted, with the drop reaching about 7% in a flash, and there was a strong trend of going out of the sky.

At 2:34, the daily limit stocks in the two cities fell back to less than 20, and most of them were stocks with a straight-line trend that was good for resumption of trading. The number of stocks that naturally reached the daily limit or changed hands at the daily limit was less than 10. The profit-making effect of the two cities, Compared with the morning stage, it can be said to be declining rapidly, and similarly... the money-losing effect is increasing rapidly.

At 2:35, the effect of panic selling in the two cities continued to expand. MCC experienced a flash crash, with the decline instantly expanding to 5%, and within one minute, the selling volume could reach 160 million.

At 2:36, Gemdale Group crashed, Kumho Group fell by more than 5%, the real estate sector fell by more than 2%, and the entire sector index amplitude reached more than 5% throughout the day.

At 2:37, the turnover of the two cities reached 150 billion, continuing to increase significantly compared with the previous period.

At 2:38, the Shanghai Stock Index's decline expanded to 1.5%, the index broke through 2420 points, and slid downward at a faster speed.

At 2:39, the GEM index fell by more than 2%, and among the core constituent stocks, stocks such as LeTV, Internet Speed ​​Technology, Oriental Fortune, Huayi Brothers, and Enlight Media, which had rebounded strongly in the morning, fell into deep water. Among them, the decline was more than 3%.

At 2:40, the market panic effect expanded sharply again. MCC's decline reached 7%, and with the continuous explosion of volume, there was a strong trend of hitting the limit.

At 2:41, Shibei High-tech closed the limit, with a turnover rate of 17.5%.

At 2:42, in the entire "infrastructure" and "state-owned enterprise reform" fields, all the high-level popular concept stocks, none of them maintained the strength of the market, and all showed a sharp decline trend.

At 2:43, the Shanghai Stock Index fell below 2,410 points, approaching the 2,400 point mark.

At this time, in Magic City, Yinghui Fund Company still maintained an optimistic spirit in the morning, believing that the Shanghai Stock Exchange Index would pass 2,500 points, and continued to increase positions at high levels. Liu Guanhai, the fund manager of 'Yinghui No. 1', who maintained a full position waiting to increase, has already With a livid face, he sat helplessly on the chair, staring blankly at the board, speechless.

"Mr. Liu, what should we do now?" Yu Lei asked hurriedly in the trading room.

Today's market trend completely exceeded their expectations and judgments, and the decline was very fierce. The entire chip structure in the market was completely loose.

As fund managers, they must respond at this critical moment.

"Damn... this trend is simply poisonous!" Liu Guanhai cursed angrily and said, "What else can I do? Sell it? If you wait any longer, you will only suffer worse losses."

His recent operations have really made his face swollen, and his trading views can be described as contradictory.

However, the market went very far worse than expected.

At this time, no matter how inconsistent his views are, he must bear the pain and cut his flesh, follow the trend reflected by the market, and make a stop-loss response.

Yu Lei glanced at the fund's backend account, which was rapidly expanding its losses.

He also sighed very depressedly, and gave the traders helpless instructions to reduce their positions on a large scale.

And as they did not hesitate to join the main force of selling and reducing their positions, the market, which had already become extremely weak, collapsed once again.

At 2:47, the Shanghai Stock Index officially fell below the 2,400-point mark, extending the decline to 2%.

At 2:49, the Shanghai Composite Index touched the lowest level of 2493.76 points, and the intraday amplitude expanded to the 100-point range. The previous concussive upward breakthrough results in the past few days were completely destroyed in less than 2 hours, and at the same time, it was finally gathered together. The market was in a unanimous bullish mood, and everything fell into disarray in an instant.

At 2:51, after the market trading time entered the last ten minutes of late trading.

Due to the huge plunge, the market looked a bit oversold, so... at this moment, a lot of bottom-hunting funds began to enter the market, betting on the post-market benefits and the short-term recovery and recovery of market sentiment.

With the influx of bargain-hunting funds, several major market indexes, as well as related core popular stocks, began to recover their losses.

At 2:55, after a short recovery of losses, the Shanghai Stock Index returned to the 2,400-point mark.

At 2:56, Beijiang Communications Construction violently rebounded and became popular again. There was a situation where main funds were boosting popular stocks and regrouping emotions to save themselves.

At 2:57, under the influence of the violent rise of Beijiang Communications Construction Co., Ltd., many popular concept stocks saw a huge amount of bargain hunting for a moment. At the same time, the mood of market collapse also indirectly recovered, and many people's sentiments were restored. In my heart, I still carry the last glimmer of hope.

Finally, at 3 o'clock in the afternoon, the Shanghai Index was fixed at 2405.97 points, down 2.07%, while the Shenzhen Stock Exchange Index and ChiNext Index fell 2.23% and 2.46% respectively. Not only did the major indexes fail to complete the final breakthrough, they continued to open up the market. Space, on the contrary, with an intraday amplitude of more than 4%, the first huge negative line after the index continued to be positive, completely shattering the market's consistent bullish sentiment.

In addition to the plummeting indices, the most concerning thing is today's market volume.

The total transaction volume of the two cities reached 178.769 billion amid today's huge shock and slump, continuing to set a new annual market transaction volume record.

This turnover, compared with the plummeting trend, is enough to show that the chip structure on the market has been completely loosened.

It also shows that the market rebound, at this point, is very likely to come to an end and enter the trend stage of adjustment.

As for whether the Shanghai Stock Exchange Index can break through 2,500 points in the future, whether it will continue its upward trend and emerge from a sustained bull market... no one can predict this.

At least it is foreseeable that under today's trend, there will be many more people who question the voice of the "bull market".

The group of investors outside the market who were already holding on to their money and already itching to be impatient may look at themselves again and fall into new hesitations.

Of course, a heavy volume negative line alone cannot dispel the expectations of many determined bull investors.

But after the market closed, at 5:30 p.m., the market dragon and tiger list was refreshed. The two major seats of 'Fortune Road' and 'Fusheng Road' were on the list, and both of them ranked first in the selling seats of popular stocks. There was also information about' When rumors about the market's IPO restart spread rapidly...

Investors who were not overwhelmed by today's plunge and still had many long-term expectations for the market outlook.

At this moment, the emotions in my heart collapsed instantly!

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