Rebirth of the investment era

However, just when everyone thought that the Shanghai Stock Exchange Index would go all out and continue to hit the 2,400-point mark, further opening up room for the market to rise.

After market trading hours enter 11 o'clock.

The entire main line areas of "infrastructure" and "military industry" have begun to experience heavy volume, sluggish growth, and a trend of shock and decline.

Among them, the disk shape of the stock 'Beijiang Communications Construction' was very obvious. The check gradually fluctuated and fell from the highest position in the day, close to the daily limit. By the time the market closed at noon, it actually fell back to 5%. The increase mark has completely lost its previous strong state.

Finally, when the market closes at noon.

The Shanghai Stock Index fluctuated and fell back to around 2385 points, while the ChiNext Index narrowed its decline.

In terms of the market performance of the entire market, the core hot spots are still on the main lines of 'military industry' and 'infrastructure'. However, compared with the rapid upward trend in the early trading and before 11 o'clock, the market divergence has increased, and short-term profit selling has It has increased a lot, causing the entire market trend to fall into a high intraday fluctuation.

“It feels like the market is a little weak in the upside!”

After the market closed at noon, the majority of investors in the market looked at the frozen market prices of the two markets and sighed inwardly.

"We attacked so hard yesterday that it is normal for us to take a short break today. What's more, today's trends in the Shenzhen Stock Exchange Index, GEM Index, and Small and Medium Enterprises Index have obviously slowed us down. Although the market is a seesaw effect, the Shenzhen Stock Exchange Market is still going strong. If the Shanghai Stock Exchange Index, ChiNext Index, and Small and Medium Enterprises Index continue to fall, the Shanghai Stock Exchange Index will not be able to strengthen significantly independently."

"The fundamental reason is that the 'Technology Growth' line is too weak. If this line can stabilize sideways, the Shanghai Stock Exchange Index should be able to continue to break through."

"I don't think that the 'technological growth' line, together with the two main lines of 'military industry' and 'infrastructure', is basically a life-and-death situation. If the 'technological growth' line can remain stable sideways, If so, it is impossible for most of the active capital flows in the market to be concentrated in the direction of 'military industry' and 'infrastructure'. If the expectations are inconsistent, it is feared that the market divergence will be even greater, and it will be even more impossible for the Shanghai Stock Index to continue to break through. "

"The fundamental reason is that the short-term profit-taking that gathered yesterday was too heavy, and the main lines of 'military industry' and 'infrastructure' were attacked too quickly in early trading. As a result, the market's active capital flow concentrated on these two main lines could not continue to concentrate. The takeover quickly consumed a lot of profit-taking selling chips, which led to the market fluctuations of the two main lines of 'military industry' and 'infrastructure' before midday."

"Indeed, the market pullback near noon should be caused by excessive short-term profit taking."

"Since profits are fleeing, will the prices of the two core main lines of 'military industry' and 'infrastructure' continue to fall in the afternoon?"

"It should still fall back in the afternoon, right? But the magnitude of the fall should be very limited."

"If the expected goal is mid- to long-term, there is no need to pay attention to this fluctuation range."

"Let me say... it doesn't matter if you shake things up and clear out a wave of short-term profit-taking chips, the chip structure of the entire 'infrastructure' and 'military industry' main line fields will be more stable, and the subsequent continued rise will be higher. In other words, shock is not a bad thing, but is conducive to the subsequent evolution of the market.”

"Hehe, as long as the expectations for the two core main lines of 'infrastructure' and 'military industry' are still there, then all shocks and corrections will be good buying points in retrospect."

"The line of 'technological growth' is most likely dead. If you say short-term profits are made, where can it go?"

"I don't know, but what is certain is that... these short-term profit-making funds from the fields of 'infrastructure' and 'military industry' will follow the trend of ' The market adjustment of the two main lines of infrastructure and military industry has ended, and I will definitely continue to chase higher prices and buy them back."

"Haha...that makes sense."

"As long as the logic and expectations remain unchanged, then feel free to fluctuate without fear."

"However, after the Shanghai Stock Index broke through 2,300 points, it only made such a small space, and the upward trend was somewhat weak. Moreover, the two core main lines of 'infrastructure' and 'military industry' have basically gathered the active capital groups of the entire market to move upward. Breakthrough, but so far, the results are not very ideal. I think...this can also explain some problems, right? For example, the current market capital is still insufficient, and it cannot support the continuous breakthrough of the big market!"

"The amount of funds in the market may be insufficient. This is an objective factor. However... I believe that as the money-making effect of the market expands step by step, and as the potential investor groups outside the market continue to enter the market, the amount of funds in the market will increase in the future. Fundamentally changed, and if the ecological structure of energy changes, the upward resistance to the market will be much smaller."

"I hope! Otherwise...it will be really difficult for the Shanghai Stock Exchange Index to break through the 2,500 points above."

"The last round of strong market rebound stopped at 2,500 points. After this round of substantial adjustments, the breakthrough power accumulated by 'infrastructure' and 'military industry' is obviously greater than the previous round, so... we are optimistic about this round. The Shanghai Stock Exchange Index can break through the suppression of 2,500 points and truly open up space upwards."

"As long as the Shanghai Stock Exchange Index can break through 2,500 points, the market conditions and confidence will really come."

"Yes, many potential investor groups outside the market are actually bulls under the opportunity on the right side. As long as the Shanghai Stock Index completely breaks through 2,500 points, investors who are still hesitating on the sidelines will definitely rush to enter the market to do long positions."

"Haha, it can be expected, it can be expected..."

"As long as Mr. Su's 'Yu Hang Group' does not sell off chips on a large scale at critical times and keeps locking up positions to go long, the 2,500-point mark of the Shanghai Stock Exchange Index can definitely be won."

"Mr. Su has placed such a heavy position in the direction of 'military industry' and 'large infrastructure'. He shouldn't be selling in the short term, right?"

"Definitely not. Mr. Su rarely messes up the market."

"Even if the market is smashed, Mr. Su will usually give advance warning, so...what are you afraid of?"

"This is not an early warning, but after giving everyone obvious profit margins, they usually sell out and take profits. Anyway, it is always right to follow Mr. Su's 'Wealth Road' operation."

"Indeed, compared to Mr. Su, the organization is really a loser."

"I still remember last week's offline investment strategy meeting in Shanghai, where major institutions were crazily singing about 'technological growth'. Hey... looking back now, it's really a slap in the face!"

"Do we still need a slap in the face? Many institutional managers' faces are already rotten."

"But now these institutions have begun to go back and sing the bullish tone on the main lines of 'infrastructure' and 'military industry' that President Su insists on being optimistic about. Some even more radical institutions have begun to be bullish on the entire weight of blue-chip stocks. What are they talking about?" ‘Market value revaluation’ investment mainline opportunity.”

"The concept of 'revaluation' sounds so familiar."

"Are you not familiar with it? Institutions have been shouting about it for several years. They have been shouting that blue-chip stocks have been hitting new lows. It's just that they suddenly shouted "technological growth" some time ago, which made everyone forget about it for the time being."

"But the current institutional group doesn't have many positions in the blue-chip direction of the entire market, right?"

"Yes, according to the annual reports of many stocks, in the current market, the direction of institutional positions is mainly along the line of 'technological growth'."

"Then if they shout like this, aren't they raising their own cost of opening a position?"

"You're just yelling, probably because you want to compete with Mr. Su's 'Yu Hang Group' for the right to predict market conditions!"

"Damn it, could it be said that the line of 'technological growth' has fallen so hard in the past two days? It is very likely that it was caused by the institutions that used to sing a lot about the main line of 'technological growth'?"

“No need to doubt it, it’s definitely the case!”

"Hey, are you using reverse logic to infer that in the market's core blue-chip stocks such as 'infrastructure' and 'military industry', institutions hold less positions, but have the potential to rise significantly in the future, and the trend will last longer? After all, if institutions want to adjust their positions, , and it cannot be completed in a short time.”

“Use reverse thinking, so to speak.”

"Then you don't have to worry about the temporary adjustment of the two main lines of 'infrastructure' and 'military industry'? After all, if many institutions want to adjust their positions, sooner or later the price will rise."

"We still have to look at the line of 'technological growth'. Will there still be corpse fraud?"

"The 'Technology Growth' line, after the collapse of 'LeTV', the underlying investment logic has been collectively shaken, and the foundation has been shaken. According to the position logic of various institutions, the 'Technology Growth' line is definitely dead. He can't die any more, and the possibility of committing suicide is unlikely."

"Whether the 'technological growth' line explodes or not, 'infrastructure' and 'military industry' will be the absolute core lines of the market next."

"I agree. This is not just because of Mr. Su's holdings, but also because institutions have no choice if they want to increase their positions."

"In fact, based on the current market position structure of institutional groups in the blue-chip direction of the entire main board, the higher the Shanghai Stock Index rises, the more panicked they will be. After all, the higher the rise, the more likely they will be short!"

"According to this logical analysis, I feel that the market will really have a short squeeze that will last for a long time!"

"I hope, after all, the market situation in the first half of this year was really tragic. I sincerely hope that the market trend in the second half of this year can replicate the market trend in the second half of last year."

"The main market trend in the second half of last year was on the GEM index."

"This year, looking at the situation, there is a high probability that the situation will be reversed, and the trend will change from an '82 split' to a '28 split'."

"Whether it's the '20-80 split' or the '82-8 split', it's always right to follow Mr. Su's 'wealth path' and the core main line of the market. Even if you chase higher for a short time, the high probability will only be in terms of holding costs. , there is no advantage, and you won’t be trapped too deeply.”

"I agree, when the amount of market funds can perform is limited, it is safest to follow the core hot spots."

"In the market stage of stock game, it is not suitable to hold stocks for a long time, let alone bargain hunting. It is indeed the safest to follow the hot spots. The saying 'the strong will always be strong' will never be the same in the financial trading market. Empty words.”

“It is better to follow Mr. Su’s ‘road to wealth’ than to keep up with hot topics.”

"I agree. After all, as long as Mr. Su's 'Wealth Road' is located, that is where the market's hot spots gather."

Amid extremely heated market discussions...

At noon, although the two main lines of 'infrastructure' and 'military industry' saw a lot of fluctuations in the trend in the last 30 minutes before the midday closing time, the core hot spots and discussion centers of the entire market were still completely focused on within these two main areas.

As for the main line of ‘technological growth’ that was popular in the early stage.

Although the two hot concept sectors of 'Internet Finance' and 'E-Commerce' were able to hold on strongly during the morning trend and did not follow other concept sectors in the field of 'Technology Growth' to panic and plunge, the overall sentiment was bearish. , the sharp turn of pessimistic expectations continued to grow at noon, and continued to ferment and spread in the hearts of the majority of retail investors.

At the same time, the market received news at noon.

Good news about ‘infrastructure’ and ‘military industry’ is constantly being unearthed by investors.

Looking back at the main line of 'technological growth', it seems that after the panic and the decline, along with the collapse of the investment logic of 'LeTV', a series of bad news emerged one after another under the digging of the majority of investor groups. come out.

"Boss, this is what is called: when the stock price rises, everything is good, and when the stock price falls, everything is bad, right?" At 12:35 noon, inside Yuhang Investment Company, in the main fund trading room, everyone had finished eating After the meal returned to the trading room, Wang Can, who observed the obvious emotional evolution of the market, asked Su Yu with a smile, "Sure enough, investors will all hint in their hearts and automatically adjust their psychological expectations!"

Su Yu smiled and responded: "It is human nature to seek advantages and avoid disadvantages. When a person is positive, he is always willing to see the good side and ignore the bad side. When a person is pessimistic, he is always willing to see the good side and ignore the bad side. It will magnify the bad side and subconsciously ignore the good side. The essence of the reaction of market sentiment is human nature."

"In fact, the future expectations for the two main lines of 'military industry' and 'infrastructure' are not as good as everyone thinks."

"As for the 'technological growth' line, future expectations are not as pessimistic as market investors are expecting at this moment."

"However, according to the inertia of the market trend of our Big A."

"Regardless of the market's emotional reaction or the rise and fall of stock prices, it will always go from one extreme to the other."

“This is why the pendulum investment effect is so frequent in our A-share market, because when the vast majority of market participants are ordinary retail investors, driven by human nature to seek advantages and avoid disadvantages, extreme emotional expressions are simply unavoidable. , naturally extreme trends are very common.”

"Moreover, the market is usually irrational because of extreme emotions."

"Then, excess profit opportunities will exist."

“This is our Big A’s unique ecosystem, and it is also a unique trend evolution in the domestic market. If we want to survive in this market for a long time, or even go further and make more profits, then... We must respect and adapt to this ecology and understand the evolving nature of this trend.”

"However, although the sentiment in the 'technology growth' line is rapidly collapsing, and the pessimistic investor group in this line is rapidly increasing, but..." During Su Yu's analysis, Li Meng continued, "The overall market Investment sentiment and investment confidence are obviously improving. Moreover, according to the feedback and discussions of various investor groups in the market, there are still more people who can make money in the market than those who lose money. This shows that The overall money-making effect of the market is still slowly expanding, which also shows that the overall trend of the market is developing in a good direction, and it also shows that the direction of the main line of the market that we lead is correct."

"Yeah!" Su Yu nodded and said, "You are right. In fact, as long as there are more people making money than losing money in the market, it means that the money-making effect of the market is expanding, and the money-making effect is Continued expansion will inevitably attract more potential off-market investors to enter the market.”

“And more potential off-market investors are coming in.”

"This will inevitably bring more incremental funds to the market, thereby further stimulating the market and pushing the market to make further upward breakthroughs."

"From the current point of view..."

"Generally speaking, the market is developing in a good direction and has entered a virtuous cycle. In this way...many of the expectations we had imagined before should be realized."

"Previous expectations..." Hearing Su Yu's eyes gradually brighten, Wang Can was instantly excited and asked, "Does this mean... that there is a high probability that the bull market will become a reality?"