Rebirth of the investment era

"Oh my god, I actually took it back!"

When the Shanghai Stock Index continued to rebound from its intraday rebound high to 2185.36 points, the shocked investor group let out an exclamation.

"Here, is this... being washed again? Hey, I shouldn't be reading the tape today!"

"Haha, who said Big A couldn't stand up before? Look... isn't he standing up again?"

"Let me just say, holding shares requires faith!"

"This car was so bumpy that it almost got washed away. It's okay, it's okay... I had something to do before 1:30 and I didn't check the market, otherwise I really couldn't hold it."

“The amplitude of today’s index is simply incredible!”

"You haven't seen such a big amplitude for a long time, right? It's so exciting!"

"I have to say that the two core themes of 'infrastructure' and 'state-owned enterprise reform' are really strong. Today's situation has not really been overcome."

"The main reason is that the logic is too strong and it's basically obvious!"

"Not only is the logic of the prediction hard, but the macroeconomic benefits have been stimulating. I heard that the diplomatic strategy of 'big country infrastructure' is also being implemented."

"No matter how strong the logic of expectations is, the main funds in the market must buy it."

"Looking at the market performance, it was obvious that it collapsed in the morning, and when the market opened in the afternoon, the two core main lines of 'infrastructure' and 'state-owned enterprise reform' also continued to fall rapidly. How come it suddenly reversed in just one hour? What? I can’t understand, I really can’t understand!”

"If there's anything you don't understand, it's the main fund tray!"

"Who asked this? Isn't it Mr. Su's 'Wealth Road' again?"

"It's possible! It won't be the 'national team' anyway. After all, not all the stocks that move are core blue-chip stocks."

"Hey, I really didn't expect this trend. I sold at the lowest point again. I'm speechless!"

"I also sold at the lowest point in today's session, and I sold it at a cut price. Damn it, now I'm watching Shanghai Sanmao, Waigaoqiao, and Shibei High-tech stocks closing their daily limits. I really can't help but think again. I want to chase the high and buy back the chips, but I am afraid that if I buy back, I will be cut off again.”

"Today's index has recovered from such a rapid plunge in the morning. This should mean that the market can still rise in the future, right?"

"If it rises again, the top will touch the 2,200-point pressure mark again."

"Looking at the trend of the market, 2,200 points shouldn't be able to hold down the index, right?"

"It's hard to say. The index rebounded in the afternoon. It feels that it is all driven by the two main market trends of 'infrastructure' and 'state-owned enterprise reform'. Other concept sectors and industry sectors are almost passively pulling up. I feel that the market's willingness to focus is still not very strong." It’s very strong, I’m afraid it will be difficult to get on top of 2200 points.”

"If you can't stand up, how will the index move? Will it have to be adjusted downward again?"

"Can't you? If the index really wants to adjust downward, why bother to pull it back now? I think that the 2200-point pressure mark, even if it cannot be reached today, will definitely be reached tomorrow."

"The short-term growth rate of the two main lines of 'infrastructure' and 'state-owned enterprise reform' that can support the market situation is indeed very large. If we don't adjust a wave and continue to rise, there will be insufficient motivation, right?"

"Has today been considered an adjustment?"

"I think the two main lines of 'infrastructure' and 'state-owned enterprise reform', and the strong will always be strong, will not change for the time being."

"Do you feel like you don't have to care too much about the trend of the index? I think as long as the market has a money-making effect, I can keep doing it. Hey... In fact, today is really a good time to chase the leader. Beixin Road and Bridge and Shibei High-tech have both increased their volumes today. Unfortunately, I missed all the opportunities to buy. I want to buy now, but I can’t.”

"Yes, regardless of the index, can't we just follow Mr. Su's 'Fortune Road' seat?"

"Yes, never mind, I will recover my position first."

"Let me go, the index has crossed 2190 again. It won't close directly at 2200, right?"

"Ah! The funds chasing the market and following the trend have come up again. In the two main areas of 'infrastructure' and 'state-owned enterprise reform', many stocks have hit new intraday highs. I feel that at the end of the day, the Shanghai Stock Exchange Index has a real chance to stand at 2200 points again. !”

"Chase, chase, chase...if you're wrong, you have to admit it. Damn it, you really can't be short on this position."

"Indeed, in this position, greed should be greater than fear."

"Who made a false promise in the early trading? I was completely cut off in the low position. Now I want to die."

"Everyone, this time it will definitely break through 2200 points. Those who lost their chips will get them back. I feel that after the Shanghai Stock Index breaks through 2200 points this time, it will definitely point directly to 2500 points."

"I also feel that this time is definitely a real breakthrough!"

"2200 points, break it for me, you must break it for me today."

"Haha, Mr. Su is so awesome. He finally didn't bury me this time."

"I bought the chips above 2200 points in the early trading. I really didn't expect to make money today. This trend... I'm scared to death!"

"Haha, the K-line of the Shanghai stock index turned red."

"It's so strong! I feel like I can do it again, yes, yes, just like this... I'll blow up the short sellers directly."

"It's almost approaching 2200. Damn, it's exciting... I feel like my heart is in my throat. Who can help me? Just lift the Shanghai Index up!"

"It's still 8 points short of an increase of 0.75%."

"The two mainline core Chinese military stocks, MCC and China Railway, have increased by more than 8%. If the main force adds more oil and pulls these two stocks to the daily limit, the Shanghai Stock Exchange Index will definitely pass 2,200 points."

Everyone was extremely excited, excited, and nervous...

At 2:17, the Shanghai Stock Index rebounded to its high point again and refreshed to 2194.44 points, once again less than 6 points away from the 2200 point mark.

Subsequently, the Shanghai Stock Index began to trade sideways for a short time within a narrow range between 2190 points and 2194 points.

At 2:25, countless investor groups in the market are paying close attention, and they are all looking forward to the Shanghai stock index breaking through 2200 points again and completely recovering the losses from the morning's high dive.

At this time, the Shanghai Stock Index suddenly turned around, fell below the 2190 point, and fluctuated downward again.

At the same time, various large funds that had previously followed up and raised funds began to withdraw their orders one after another and disappeared without a trace, as if the tide was ebbing.

"I'm going to go, but why has the project been discontinued again?"

When the index turned down again, it seemed to be afraid of the pressure of 2200 points. Regardless of the retreat trend like an upward charge, at this moment, Yuhang Yinhua Public Fund Company, which had already followed the position significantly, was responsible for the fund of the 'Value Investment Mixed Selection' product. Manager Zhou Yang couldn't help but uttered a curse word and said angrily, "What the hell, is the 2200 point poisonous? How come you can't get past it, even if you're just a few points short of it, you can't even attack it?"

The fund he is responsible for not only increased its positions significantly in early trading.

When the index fell and rebounded in the afternoon, it also followed up significantly and bought over 100 million in core stock chips in the fields of "infrastructure" and "state-owned enterprise reform".

Originally, he thought that the index would pull back strongly.

It is obvious that it will try to hit the 2200 point mark again, opening up new room for the market to rise.

Unexpectedly, the index recovered most of the decline in the morning dive and had already reached the door of 2200 points. As a result, it was unable to attack and retreated again.

"Boss, the main funds in the market are always around the 2200 point position. There is no synergy. I feel that the market trend is about to turn downward again!" Zhu Peng, the leader of the fund trading team and assistant to the fund manager, asked urgently He said, "Shall we... take the lead in the attack? Let's give it a try!"

Their funds did not have time to increase their positions on a large scale in the first two days.

The main line chips of 'infrastructure' and 'state-owned enterprise reform' purchased were basically sold today, so the cost of holding positions is relatively high.

If the index fails to break through 2200 points, it will open up new room for growth.

According to the market's "If it doesn't go up, it goes down" and the emotional reaction of the breakthrough expectation being completely disappointed, the next market situation will inevitably be ugly. Naturally, the two main lines of "infrastructure" and "state-owned enterprise reform" with huge short-term gains will not be able to break through when the index turns. And when looking downward for support, it is impossible to be alone.

In this case, they will suffer considerable losses and a retracement of their net worth.

After hearing Zhu Peng's suggestion, Zhou Yang pondered for a while and finally shook his head: "Our position cost is too high and we don't have any cost advantage. We rashly gather a huge amount of funds and make a desperate move to drive core stocks and focus on 2200 points. If If we still can’t gather the funds on the market to join forces, the consequences will be terrible.”

"Moreover, important core stocks in the fields of 'infrastructure' and 'state-owned enterprise reform' have seen significant short-term gains."

"At this time, under such circumstances, if we want to close the two core stocks of MCC and China Railway, which can quickly drive market sentiment and emotions, the funds required will probably be a huge amount. There is...if after the board is forcibly closed, the main funds that have previously intervened and have made huge profits have differences and all the profit-making chips are thrown at us, we will not be able to catch it."

"Hey, today's operation is still too aggressive and hasty."

"I thought that with such strong market sentiment and expected confidence support, it would not be too difficult for the Shanghai Stock Exchange Index to cross the 2,200-point mark, but I didn't expect..."

"How come the market is at a key point and cannot form a synergy?" While Zhou Yang was sighing, Zhu Peng was very puzzled and said, "I feel that at this time, as long as there are main funds to ignite the Shanghai stock index, it will not be difficult to cross the 2200 point. After all, what should have happened with the rapid diving wave in the morning has already happened."

Zhou Yang said: "The funds that occupy the active position in the market do not take the lead, and other backward funds without cost advantages do not dare to take the lead in igniting the problem. After all, the large amount of funds buried in the high platform diving in the morning has too bad impact and a huge blow. It strengthened everyone’s enthusiasm to advance at important junctures.”

"You mean... we can only wait for Mr. Su, who invested in Yuhang, to take the lead in igniting the fire?" Zhu Peng asked.

Zhou Yang smiled helplessly and said: "From the current chip structure of the two main lines of 'infrastructure' and 'state-owned enterprise reform', as well as the emotional impact of 'Fortune Road' on the market, taking the lead in tackling 2200 points, There really is no one more suitable than him, but it’s a pity that this person probably didn’t make any moves today.”

While the two were talking, the Shanghai Stock Exchange Index had fallen to around 2183 points, and the overall market's ability to take over was still weakening further, and the long-short trend showed signs of reversal again.

Zhou Yang stared at the market trends on the big screen in the trading room and let out a long breath.

I feel in my heart that the Shanghai Stock Exchange Index has never been able to get past this final step, which is a pity.

Of course, no matter how much he felt it was a pity, he could only follow the market trend and not dare to bet on the slim chance of a successful breakthrough.

The same thing happened when he let out a long sigh.

In the magic city, inside Zexi Investment, in the trading room, fund manager Zhou Kan looked at the index that continued to decline and returned to weakness, as well as the market trends of the two cities. He also felt it was a pity and couldn't help but sigh softly and said: "Just now At that moment, it was an obvious opportunity for a breakthrough, so why didn’t anyone ignite it?”

"Do you think this is a good opportunity for a breakthrough?" Xu Xiang asked slightly surprised.

Zhou Kan replied: "It's just the last step, and the mood was not bad just now. If someone starts the market, the index should be able to pass, right? As long as it stabilizes at 2200 points, the market's strength and weakness will completely change." , the room for subsequent market growth has really opened up!”

"It's not that easy!" Xu Xiang said, "At the end of the war, it is difficult to defeat Lu Jian. Today's market turnover has approached the 100 billion mark. There are still 20 minutes before the closing. Even if someone starts an attack, what funds will be used to stabilize it?" What about the market? Yesterday, the market surged to the limit, and only less than 100 billion of the capacity was released. This proves that there is no increase and active funds in the market at this moment, but the selling above 2200 points, the backlog of profit orders and hold-up orders, then It is much larger than the current market increment and active funds.”

"Attack on it. Once you lose your footing, you will be knocked down again..."

"Then the market trend will be even more damaging to market sentiment and confidence."

"As the saying goes, it is full of energy, then declines again, exhausts three times, and fails to stand up twice, then the market sentiment and confidence will be completely exhausted. At that time, when the entire market sentiment is exhausted and collapsed, the index will go down to 2,000 points to find support. "

"But if that happens, the main money-making line of 'infrastructure' and 'state-owned enterprise reform' that was finally put together will probably die prematurely."

"So, it would be wise not to kick this last step."

"The index slowly falls, adjust your emotions, accumulate strength, and at the same time continue to clean up floating chips and wear off some locked-in chips above 2200 points. Then wait until the chips at this stage are stable and form a real chip platform, and then attack 2200 points. Then That’s the real breakthrough.”

"If someone really lit a fire just now to break through."

"That is the second selling point in today's trading. The smart main funds in the market will not fail to realize that, and the funds that are ignited to rush through the market will be harvested to death."

"So dangerous?" Zhou Kan was shocked and secretly spoke.

Xu Xiang smiled and said: "It's so dangerous. If you think about it, you can really make a stable breakthrough and open up new room for the market to rise. This piece of fat, Yuhang Investment President Su, who has the absolute initiative in the core main line of the market, Will he not place orders? According to my understanding of him, in the face of certain opportunities in the market, he will definitely put all his positions in and maximize profits."

"alright……"

Xu Xiang paused and continued: "Keep watching the market. Today's market trend is not bad. Although it failed to break through 2200 points in one fell swoop, the money-losing effect on the market is not serious. After the extreme shock of the Shanghai Stock Index, it is still in the red market. This gives a buffer to market sentiment and the many investors participating in the market today."

"As long as the money-losing effect is not serious, there will always be a partial money-making effect."

"The many investors who are outside the market and are ready to move will continue to enter the market, thus bringing more incremental funds."

"With continuous incremental funds, it can solve the layer upon layer of hold-up pressure on the market, and continue the profit-making effect, so that emotions and confidence can slowly recover."

“After sentiment and confidence recovered, the market entered a positive feedback loop.”

"By then, let alone 2,200 points, 2,500 points, or even 3,000 points, I'm afraid it won't be a problem!"

"Understood!" After hearing Xu Xiang's words, Zhou Kan finally figured it out, responded briefly, and then returned his gaze to the market prices of the two cities.

At this time, the trading time has passed 2:50.

I saw the Shanghai Index slowly sliding down, already approaching the 2173 point, while the Shenzhen Stock Exchange Index and ChiNext Index were already in a flat state, wandering back and forth between the green plate and the red plate.

As for sectors and individual stocks.

The two core main lines of 'infrastructure' and 'state-owned enterprise reform' and related sector indexes have also fallen a lot. Among them, the two popular core stocks of 'China Railway and China Metallurgical' have increased by more than 7 points from their highs. , fell back to about 5 points, and the trading volume became light again.

The two main lines are ‘mobile internet’ and ‘smartphone industry chain’ in the direction of the small and medium-sized board and GEM.

And related "growth stocks" are drifting with the trend in the index retracement, with neither main funds paying attention nor big funds smashing the market.

However, it has seriously lagged behind the market's gains before.

Several unpopular small-cap stocks, whose state-owned assets background and "infrastructure concept" are not so pure, suddenly emerged at the end of the trading day, ushering in the attention of hot money in the market, and their stock prices skyrocketed.

And with the action of hot money in the late trading...

The Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index slowly rebounded a bit in the last few minutes of trading.

Finally, when the market closed at 3 o'clock, the Shanghai Stock Exchange Index stood back at 2175 points and closed at 2175.13, up 0.63%. The Shenzhen Stock Exchange Index and the ChiNext Index rose 0.21% and 0.11% respectively.

Although the index failed to complete the task of breaking through 2,200 points, and did not recover the intraday decline after the high opening in early trading, it still maintained a red market, closed the three consecutive positive trends, and stabilized the market that once collapsed. The sentiment also restored some market confidence.

At the same time, the turnover of the two cities continued to expand amidst the sharp fluctuations in the index today, reaching 103.211 billion.

After more than four months, it once again reached the 100 billion transaction mark.

As for the specific market conditions, generally speaking, the major industry sectors and concept sectors, compared with the sharply higher opening in early trading, fell back a lot at the close. However, the overall money-making effect of the entire market still exists, especially by the majority of market investors. The two main concepts of "infrastructure" and "state-owned enterprise reform" that we focus on, the daily limit of individual stocks is still as high as 8, and the two market core weathervane stocks of China Railway Group and China MCC also maintained 5 at the moment of closing. % increase.

Of course, compared to yesterday.

Today's market has suffered relatively large damage in terms of emotional feedback and confidence feedback.

After all, at the high point of sentiment in early trading, the investor groups chasing positions and the main funds of various departments that assisted the Shanghai Index to break through 2,200 points were still buried by the market!

Faced with such closing results.

Investors in the entire market feel both regret and joy.

It is a pity that the Shanghai Stock Index finally exhausted all the market funds and still failed to reach the 2200 point mark, opening up new room for imagination; at the same time, I am also fortunate that the index reversed in the afternoon, recovering most of the decline from the high dive, and not burying too much money. , barely stabilized the market's bullish sentiment, and gave the market outlook an upward trend in the index, hitting 2,200 points again, leaving a trace of suspense and confidence.