Rebirth of the investment era

"Okay!" Li Meng responded and continued, "Do you need to avoid possible Dragon and Tiger ranking data?"

Su Yu thought for a while and said: "If you can avoid it, try to avoid it. After all, several of our main funds have not fully completed their position building plans. Once their seats are exposed, subsequent operations will still be greatly affected."

"Well, okay!" Li Meng continued to respond, and then quickly issued relevant trading instructions to several groups of trading teams in the trading room.

And as her trading order was issued...

Half a minute later, at 1:51, tens of millions or even hundreds of millions of funds began to pour into the core areas of 'infrastructure', 'state-owned enterprise reform', 'military industry' and 'Internet finance'. Many component stocks in the main line area quickly swallowed up the panic selling that continued to decline.

Immediately afterwards, at 1:52, under this massive takeover, the Shanghai Stock Index, which was falling rapidly, suddenly paused, and the decline no longer expanded.

At 1:53, the most popular stocks in the core main areas of 'infrastructure', 'state-owned enterprise reform', 'military industry' and 'Internet finance', such as Gemdale Group, China MCC, China Fortune Land Development, Huaxin Cement, and Conch Cement, China Airlines Mechanical and Electrical, China Airlines Radio and Television, Hangfa Technology, Hengsheng Electronics, Flush, Oriental Fortune... etc. There is a very obvious phenomenon of large single pallet acceptance of thousands of hands on the market of more than 20 stocks.

At 1:54, the time-sharing volume of the two stocks of Gemdale Group and China Metallurgical Corporation was rapidly enlarged, ushering in a short-term rapid upward trend, and the market decline narrowed sharply.

At 1:55, the three major industry sectors of real estate, construction decoration, and building materials in the field of 'infrastructure' all bucked the trend and rebounded. Within each industry sector, the main capital flow also quickly narrowed from a large net outflow to a small net outflow. The outflow state shows that there are huge main funds that are quickly buying the bottom in this area and taking over the market.

At 1:56, a series of conceptual sectors that had been hotly speculated by the market in the early stage, such as 'state-owned enterprise reform', 'Internet finance', 'cement', 'steel', and 'Shanghai Free Trade Zone', were among the related core components. Despite the sharp increase in buying orders on the stock market, stocks have also risen rapidly, climbing from the middle of the two cities' decline rankings to second only to defensive concept sectors such as 'pharmaceutical business', 'gold', 'liquor' and 'banking'. The two cities topped the list of gains.

At 1:57, a number of industry sectors and concept sectors rebounded rapidly in the core main areas of 'infrastructure', 'state-owned enterprise reform', 'military industry', and 'Internet finance', as well as dozens of related core component stocks. Driven by the surge in volume and strength, the Shanghai Stock Exchange Index once again regained the 2180 point mark.

At 1:58, the real estate sector index's decline shrunk to 1%, ranking fourth in the two cities' growth lists.

At 1:59, Gemdale Group quickly rose to the red, and China Fortune Land Development narrowed its decline to less than 1%. At the same time... Beixin Road and Bridge, Beijiang Communications Construction, and Shanghai Construction Engineering opened their daily limits.

At 2:01, the market trading time officially entered the last hour of late trading.

Various people inside and outside the market began to rush in again. At the same time, the main capital flows in the real estate, building materials, and military industry sectors have changed from the previous large net outflows to small net inflows, especially For two checks, Gemdale Group and Hangfa Technology, in just ten minutes, the main capital flow on the market changed from a net outflow of more than 20 million yuan to a net inflow of more than 2 million yuan.

At 2:02, Gemdale Group continued to rise linearly, with an increase of more than 1%.

At 2:03, MCC also became popular.

At 2:05, active funds from all walks of life in the market began to follow the trend of the two core themes of 'infrastructure' and 'state-owned enterprise reform', as well as the 'military industry' and 'Internet finance' fields that showed obvious strength. At the same time... Due to the once again gathering effect of active funds from all walks of life, the main areas of 'growth stocks' such as 'mobile Internet' and 'smartphone industry chain', with the small and medium-sized board and GEM as the core, were briefly abandoned by various funds that followed the trend. Not only When the index once again regained the 2180-point mark, it did not follow the trend and rose, but continued to fall.

At 2:07, the major industry sectors of real estate, construction decoration, and building materials in the main line of 'infrastructure' have squeezed into the top five in the two cities' growth lists, and have continued to rebound and chase the first and second places in the two cities' growth lists. It is famous for its two major industry sectors: beverage manufacturing and pharmaceuticals.

At 2:10, the real estate sector began to lead the gains in the two cities, and the industry sector index successfully turned red.

At the same time, a number of "infrastructure" related industry sectors and concept sectors such as building materials, architectural decoration, steel, public transportation, high-speed rail, cement, etc. have been fully interconnected, which not only attracts funds from all walks of life on and off the market to further converge in these fields, but also They have squeezed to the top of the growth lists of the two cities one after another, becoming the core force supporting the entire index and the market conditions of the two cities.

At 2:12, the Shanghai Stock Index, led by the main themes of "infrastructure", "state-owned enterprise reform", "military industry", and "mobile Internet" that have initially recovered, once again returned to the 2185 point mark, further narrowing the decline.

At 2:15, after the real estate sector turned red, the 'military industry' sector also turned red, reversing the entire weak situation at the beginning of the morning.

At 2:20, the active funds in the entire market further converged on the relatively strong main areas of 'infrastructure', 'state-owned enterprise reform', 'Internet finance', and 'military industry'. At the same time, a number of core popular component stocks On the day, buying volume can expand again, pushing the index upward.

"Sure enough, the various funds on the market had different opinions on whether to rely on the main board for trading, or rely on the small and medium-sized board and GEM for trading, and finally chose the two major ones of 'infrastructure' and 'state-owned enterprise reform' that are mainly in the direction of the main board. The main line serves as a breakthrough." Seeing that the market trend pattern was once again initially formed, at 2:22, in the main fund trading room of Zexi Investment Company in Shanghai, Zhou Kan, who had been observing the market, smiled and said, "The market divergences are beginning to converge again. I feel like the index is finally showing some resilience here!"

Hearing Zhou Kan's voice, Xu Xiang, who was sitting on the sidelines, responded: "Looking at the market, funds from all walks of life in the market are indeed gradually converging on the two main lines of early speculation, 'infrastructure' and 'state-owned enterprise reform', but will they be able to do so in the end?" It is difficult to say whether a unified force of expectations will be formed to lead the Shanghai Stock Index back to 2,200 points."

"after all……"

Xu Xiang paused for a moment, then turned his attention to the conceptual sectors such as 'mobile Internet', 'smartphone industry chain', 'reorganization backdoor', 'venture capital', and 'ST sector' that were still weak in the two cities, and continued: "If you want to Completely reverse the market trend and re-create the market's money-making effect and sentiment. The power of one or two main lines is still too weak, and the market is negative and suppressed. Regardless of the active capital groups on the market or the capital groups on the sidelines, their willingness to follow the trend will In this situation, they will not be very strong, which leads to the current incremental funds in the market still having certain flaws, making it difficult to fully absorb the continuous selling here."

"Of course, the most critical thing is that the major market indexes opened too weakly today."

"Especially the Shanghai Stock Index, which opened directly below the 2,200-point support, gave the market a very bad emotional signal and seriously restricted the following effect and willingness of active capital groups on and off the market to follow the trend."

"Fortunately, the main stream of funds that just focused on the main lines of 'infrastructure' and 'state-owned enterprise reform', in the midst of large-scale bargain hunting, withstood the panic selling of these two lines, giving the market hope of turning around. Otherwise, If so... the Shanghai Stock Index will most likely have fallen to the 2160 point level at this moment."

"That's true!" Zhou Kan continued, "The main force of the large-scale bottom-buying in the 'infrastructure', 'state-owned enterprise reform', 'Internet finance', and 'military industry' lines just now was really at the most critical moment. It saved the market, but it’s strange to say that this stock of funds... finally withstood the most intense panic selling in the market, but in the end it was just holding back, and the opportunity to reverse the situation was wasted.”

In his opinion, at that moment, the panic selling in the market was violently consumed and the selling power declined.

It was the perfect time to pull up rapidly and counterattack quickly to bring the Shanghai Composite Index back to the 2200-point mark, but unexpectedly... the other party simply did not follow up in time and launched this rebound momentum.

Now, the market trend has calmed down again.

The selling orders that had been hesitant before came up again after a brief rebound in the index.

In this way, it is obviously impossible for this main force of large-scale bottom-hunting intervention to use the momentum just now to continue to pull the market to break through and bring the index back to the 2200-point mark. After all, at this time, every step forward , the selling pressure faced will be much stronger than before.

"Looking at the style of this tray, it looks like the main funds of the state-owned assets system." Xu Xiang said, "Although the funds in this system type are often rich and powerful, they are always difficult to grasp the market sentiment and the timing of the long-short conversion on the market. It’s not that accurate. I have a huge amount of money in hand, but I don’t know how to guide the market reasonably.”

"Indeed." Zhou Kan responded, "At that moment, almost all the stocks that moved were 'state-owned' stocks. It's no wonder that the short-term rebound in this round was led by the main concept of 'state-owned enterprise reform'. Alas...it seems that the current expectation of consistent direction has been greatly discounted."

"It cannot be said that there is no spontaneous follow-up behavior of funds from all walks of life in the market." Xu Xiang said, "It's just that after the large-scale bottom buying, the main funds were hesitant and did not further open up the market's profit-making effect and rebound space, resulting in The index's delay in regaining the 2,200-point mark has already brought the index into a weak and volatile range in disguise, without substantively changing the market's long-short situation."

"The index failed to regain its losses at the 2,200-point mark."

"Then the probability and expectation that the index will fall into a large shock range from 2,000 points to 2,200 points will not be weaker than before."

"In this case, the market's investment sentiment, investment confidence and market expectations will not improve significantly, and the willingness to follow the trend will not be substantially enhanced, and due to its essential market logic conditions, there will be no significant change. , it still seems impossible for the natural index to complete a long-short reversal here.”

"Hey, what a pity!" Zhou Kan couldn't help but sigh.

In the rebound just now, if the main force of the previous large-scale bargain hunting can continue to attack with determination, it can truly bring out the two core main lines of 'infrastructure' and 'state-owned enterprise reform', and bring out many main lines. The rebound range of popular core stocks is further widened, which may change the overall long-short situation of the market.

Xu Xiang smiled softly and said: "It's no pity. No matter who you are, you have to respect the market. Since there is no comprehensive synergy here, it is reasonable for the index to continue to adjust."

"The key is that after the index returns to the large shock range of 2000 points to 2200 points, it will be even more difficult for the market to get out of the main line market with sustained money-making effects." Zhou Kan responded, "To be honest, today's market was originally There should be a chance to hold the 2200 mark."

"There is nothing that should or should not be done." Xu Xiang stared at the rapidly changing market of the two markets and said, "All market trends are the result of the joint efforts of various funds in the market and various investor groups. , is formed, that is, its existence is reasonable. All we can do is respect the market trend, try our best to infer and predict the next trend based on the current market trend reaction, so as to make corresponding trading strategies in advance, and other... None of it matters."

"If the Shanghai Index can stand firm here and hold 2,200 points, then we will arrange it according to a relatively active trading strategy, regain this position, and get back the positions we lost before."

"If the Shanghai Index cannot stand firmly here, it will return to the large shock box between 2000 and 2200 points."

"Then all we can do is follow the market trend, continue to maintain a relatively conservative trading strategy, and control positions within a low-risk range."

"Anyway, we've reached this point."

“In a situation where we cannot determine changes in market trends at all, all we can do is follow the market.”

"Okay!" Zhou Kan responded, turning his eyes back to the trading boards of the two markets and saying no more.

As the two briefly analyzed and discussed the current market trend, the market trading time had moved to 2:32, entering the last half-hour trading period at the end of the day.

I saw that the Shanghai Stock Index was hovering between 2185 and 2190 points, showing a certain weakness in the upward attack.

Among them, a number of related concept sectors and industry sectors in the core main areas of 'infrastructure', 'state-owned enterprise reform', 'Internet finance' and 'military industry' that previously drove the index to rebound from the intraday low are now rapidly rising. Finally, he began to show signs of fatigue.

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