Rebirth of the investment era

However, although the "Apple concept" and "Internet e-commerce" have gathered a certain amount of funds to follow the trend and hype.

However, due to the overall weakness of the market and the strong money-losing effect displayed by the core main lines of "big finance", "big infrastructure" and "military industry".

After 9:40, these two major conceptual sectors were still dragged down by several core themes.

It shows an obvious polarization of long and short sentiments on the market.

Subsequently, at 9:46, Changying Precision exploded, and the stock price fell straight from the daily limit. At the same time, the two early leading stocks of the sub-new stock sector, 'Bluestone Heavy Equipment' and 'Huake Shuguang', fell sharply by 5% again. %, continued to decline rapidly, and showed an extreme money-losing effect.

At 9:47, the "Yingkou Port" check suddenly hit the limit in the form of a flash crash.

At 9:48, a number of core popular stocks in the main line of "big infrastructure" such as "Dalian Heavy Industry, Fushun Special Steel, Beijiang Communications Construction..." continued to fall sharply.

At 9:49, the ‘Securities’ sector index fell again by 2% during the day.

At 9:50, a number of related industry sectors in the core main areas of 'big finance', 'big infrastructure', 'military industry' and 'film and television media', as well as related concept sectors, were all down, and there was no red market.

At 9:51, the intraday decline of the 'Internet Finance' sector index reached 3% again, dragging down the entire industry sector and concept sector in the main line of 'mobile Internet'.

At 9:52, the Shanghai Stock Index fell 1%.

At 9:53, the Shenzhen Stock Exchange Index and the ChiNext Index fell by 1%. The two cities showed a general decline trend.

At 9:54, in the main line of "big consumption", the two major industry sectors of food and beverage and retail suddenly moved up, but they were not able to quickly drive the market to rebound.

At 9:55, the Shanghai Composite Index touched 3550 points, briefly ushering in a wave of market copycat attention.

At 9:56, relatively defensive industry sectors and concept sectors such as automobiles, white goods, pharmaceuticals, and innovative drugs began to make changes.

At 9:57, the market began to form a market trend situation in which consumption and medicine led the rise, while other industry sectors and concept sectors generally fell. And... as the market trading time went by, more and more active capital groups began to Pile into safe-haven sectors.

At 10:02, the banking sector began to move briefly, and briefly pulled up the Shanghai Stock Index.

At 10:12, the Shanghai Stock Index fell back to within 1% of the decline, and the two cities experienced a relatively obvious rebound.

At 10:15, the banking sector continued to rise. After three consecutive days of plummeting, the entire "big finance" sector finally ushered in a large amount of funds concentrated on bargain hunting.

At 10:16, the banking sector continued to retract its losses, while the securities sector's intraday decline retracted to less than 2%.

At 10:17, the decline of the Shanghai Stock Exchange Index fell back to less than 8%, while the decline of the Shenzhen Stock Exchange Index and the ChiNext Index had already fallen back to less than 5%, indicating a strong tendency to rebound.

"I feel like the market is unlikely to fall today!"

Many retail investors sighed with emotion after seeing the trend pattern of the market in the two cities, as well as the performance of the corresponding industry sectors and concept sectors, and the stock discussion area where a large number of retail investors gathered on the trading platform.

"It's already 3,500 points, and it's almost fallen. How else can it fall?"

"This adjustment is already a bit beyond expectations."

"Oh, it finally stopped falling so much. It's been too miserable to hold positions these past few days."

"Isn't that right? Damn it... I hit the limit twice in three days. It's so bad. I've suffered worse losses than even a bear market. Who can tell me, is this a bull market?"

"If 3,500 points does not break, it will definitely be a bull market."

"There's no doubt this is a bull market."

"It's only been two days since it hit its limit. Don't worry, it will rise back up soon."

"Didn't everyone rush to get chips from the main line of 'Big Finance' before? Now they just buy it casually. Why don't everyone... dare not buy it?"

“The main line of ‘big finance’ really needs to be avoided at the moment.”

"Has the logic changed? Why should we avoid it?"

"I feel that the sectors that are strong now are the 'big consumer' and 'pharmaceutical' sectors. Alas... Originally, the two major concepts of 'Apple concept' and 'Internet e-commerce' were relatively strong this morning, but I didn't expect... Well, it has fallen back again, and it is indeed a false strength."

"The consumer and pharmaceutical sectors are risk-averse sectors. If these two sectors are strong, it means there is something wrong with the market conditions."

"Yes, consumption and medicine should have been the main hedging lines in a bear market. If these two sectors continue to be strong, doesn't it mean that the market is in a bear market?"

"It seems that a lot of funds still haven't recovered from the shadow of the bear market."

"The main thing is that I was really confused in the past three days."

"I was talking about 4,000 points before, but I didn't expect that the Shanghai Stock Exchange Index would turn downward and touch 3,500 points so quickly."

"Actually, there is nothing to be afraid of. Look at the market trend on November 10th. The decline that day was much more severe than the last three days. Didn't it recover quickly later?"

"This time, it feels obviously different from last time, right?"

"This time, the main reason is that the 'Yuhang Department' under the leadership of President Su has reduced its positions on a large scale. Otherwise, the Shanghai Stock Exchange Index will definitely reach 4,000 points. Alas... It would be great if President Su can restructure the situation."

"It has nothing to do with Mr. Su, does it? Or there are too many profit and settlement deals accumulated in the core main lines of 'big finance', 'big infrastructure' and 'military industry'. Once the benefits are realized, these chips will definitely If you want to take profits and stop profits, even if the main funds of the 'Yu Hang Group' managed by Mr. Su are not sold, the market will not be able to reach the 4,000 point position in the short term."

"It makes sense. In fact, there is nothing wrong with a round of adjustments. Didn't everyone say that you couldn't buy cheap chips before? Now you can buy whatever you want."

"The 'Big Finance' line has collapsed. Is it still necessary to buy?"

"I think so. As long as the underlying logic of the bull market is still there, if the index wants to rise in the future, it will definitely have to be the main line of 'big finance' to carry the flag."

"It makes sense, I'll follow you."

"I feel like there is hope for a reversal in 'big finance' today. The 'bank' sector is about to turn red."

"The banking sector is still stronger, it's awesome!"

"The ballast sector of the market, what do you think? However, the flexibility of the banking sector is not good. If you are really optimistic about the 'Big Finance' line, you should buy core stocks in the 'Internet Finance' sector, which is the most cost-effective."

"Flush, great wisdom, oriental wealth?"

"It's not just these three stocks, there are many other stocks. However, the stock 'Flush' has retraced almost 20% in three days. It feels like it's really worth buying."

"These are the key stocks held by the 'Yu Hang Group' headed by President Su. Aren't you afraid that President Su will hit them again?"

"If Mr. Su really wanted to smash it, he would have done it long ago. In the last two days, there is no trading seat of the 'Yuhang system' controlled by Mr. Su on the market's dragon and tiger list. This means that the 'Yuhang system' traded by Mr. Su is It’s a matter of funds, so there’s a high probability that we won’t continue to reduce our holdings.”

"I don't think so, otherwise there wouldn't be any movement in the past two days."

"Compared to the 'Yuhang Department' run by President Su, these institutions in the market just don't have a pattern. There really is no pattern at all."

"Isn't that right? There is really no main organization that can stabilize the market."

"We still have to rely on Mr. Su to protect the market."

"If you ask me, the 'national team' should ask Mr. Su to manage it."

"Haha, that makes sense. Maybe the Shanghai Stock Index can rise to 6,000 points, and 7,000 points is also possible."

"Can the pattern be bigger? Just 10,000 points."

"In the 'Big Finance' line, if there are no problems with the fundamental logic, at this position, I feel like I can really buy the bottom and go long."

“You can absolutely buy the dip and go long.”

"I have bought 10 lots of 'Flush', but I don't believe it. The market can continue to fall."

"The logic of 'flush' should be very strong. I heard that the institution's performance expectations for this check this year are at least 5 times."

"In terms of performance expectations, every brokerage stock should have room for at least five times its performance this year, right?"

"So, whether it is a securities firm or the Internet financial sector, compared with its fundamental expectations and performance expectations, the current stock price must still have room to rise?"

"Obviously, if you ask me, the one with the strongest logic in the current market must be the core main line of 'big finance'."

"It's a pity that the funds don't agree with it."

"Will your Su Association be at the position of 3500 and fight back?"

"What does it mean to come back? Chances are Mr. Su has not left. At least he certainly hasn't sold off too many chips on a large scale."

“If I were to tell you, the institution itself is panicking.”

"How do you put it? Bull markets often fall sharply. This wave is definitely a healthy adjustment in the bull market. It will definitely come back after the adjustment is completed. Anyway, as long as the trend and logic of the bull market are not broken, I will never reduce my position. , and as long as the index dares to continue to fall, I dare to continue to add positions on the grid."

"The grid-based method of adding positions is a good one. If you drop 100 points and increase your position by 10%, you won't lose much."

"Hey, the check of 'Blue Stone Reload' has turned red from the more than 5-point drop position in the early trading."

"Damn, that's awesome. The market prices in the two cities will definitely reverse today."

"I am optimistic that the Shanghai Stock Exchange Index will regain its 3,600-point position."

"Follow the warehouse and buy the bottom. Did someone buy the bottom of the check for 'Blue Stone Heavy Equipment' just now?"

"Oh, I was slow to start. I placed the order but didn't buy it. But it's still too late to buy the 'Huake Dawn' check now, right? After all, the two checks are usually linked."

"It would be better to buy China Airlines Heavy Machinery and Aerospace Development."

"The logic of the main line of 'military industry' is always not as strong as that of 'big finance'. I think it is obviously better to buy the bottom of 'Flush' and 'Western Securities'."

"Haha... the securities sector has risen."

"The banking sector is booming, and the intraday decline of the securities sector has also narrowed to less than 1%. It's awesome. You will definitely make a lot of money by buying the bottom today."

“Will it be a big miracle day?”

"It's definitely a big miracle day. I'm going to buy the dip. Everyone, I'm following you anyway."

"Haha, look, the main lines of 'big finance', 'big infrastructure' and 'military industry' have begun to rise, while the main lines of 'medicine' and 'consumption' have begun to adjust rapidly."

"This is inevitable. These major themes are inherently a seesaw effect."

"Sure enough, only the core line of 'big finance' can drive the market!"

"The sharp drop in early trading was probably the last drop, right?"

"It should be. Alas, I finally made it to dawn. These past few days... have been too difficult. I hope the Shanghai Index will bottom here."

"If there can be a quick reversal here, I feel that there is still hope if the Shanghai Index hits 4,000 points before the end of the month."

"Stop hoping. The greater your hope, the greater your disappointment."

Along with the stock discussion area of ​​the trading platform, a group of retail investors continued to have intense discussions.

As the market bottoms out and recovers.

The market's investment sentiment and speculation sentiment also began to rebound rapidly.

And with the rebound of investment sentiment and speculation sentiment, in the two cities, more and more bargain-hunting funds have poured into the market's core main lines, popular main lines, and even core stock areas with related concepts and themes.

"Hey... today's market trend, I feel that compared to the past few days, there is finally a little positive emotional and financial feedback." At this moment, I saw the rapid rebound of the market in the two cities, and at the same time, the major core main lines, and their related The concept theme sector is rising rapidly. Within Yuhang and Minghui Capital, in the main fund trading room, He Hong, the fund manager, stared at the market with his eyes obviously surprised, "Is the 3550 point the bottom of this round of adjustment? "

"Probably not." Next to He Hong, the company's general manager Xu Zhongji, who was also watching the market trends of the two cities, squinted his eyes and responded, "The core main lines of 'big finance', 'big infrastructure' and 'military industry' are currently The chip structure is still quite scattered, and at this stage, there is no clear news on the market news. In this case, how can the market reverse? If the market wants to truly stabilize, it still needs emotions, news, and funds. It’s all about cooperation.”

"The main reason is the large-scale selling of chips by the main funds of the 'Yu Hang Group', and the impact of potential selling pressure has not been eliminated, right?" He Hong said, "Of course, in terms of news, it is indeed in a vacuum period."

Xu Zhongji said: "This is not the main reason. The fundamental reason is that it has been too hyped and gone too fast. There are also many stocks with performance expectations. It is not yet time for the performance expectations to be realized. The annual report expectations must be realized. Time The point will not be until next month, so this month, since the market has chosen to adjust downward, the most optimistic market trend is probably a sideways adjustment.

But based on my observation of the current market trends.

Even if it is to fluctuate sideways, it is unlikely to stabilize at around 3500 points.

After all, at this position, without the support of good news, the selling pressure is still very high, and as you said, no one knows what the main funds of the 'Yu Hang Group' are currently doing. For the index and market to stabilize, everyone must understand the trends and motivations of this fund.

Only by understanding the motives and trends of this fund.

Only then will everyone's worries about the large-scale selling of the main funds of the 'Yu Hang Group' be eliminated, and everyone will actively go long.

Otherwise, no one would dare to go long across the board in the fields of 'big finance', 'big infrastructure', and 'military industry' where the main fund products of the 'Yuhang system' have large-scale positions. After all, everyone is afraid of the 'Yuhang system' 'This main force of funds will still smash the market to stop profits as it did the day before yesterday.

There is also the holding cost of the main capital of the ‘Yu Hang Group’.

Especially in the core main line areas, the holding cost is too low, and it is natural for everyone to worry about this. "(End of chapter)