Rebirth of the investment era

"The one who smashed the market today is actually an institution."

Facing the data released by the two cities' dragon and tiger rankings, some people in Su Yi's main hot money group of the 'Yu Hang Group' sighed helplessly.

"These institutions really have no structure. They buy like crazy when prices go up and sell like crazy when prices go down."

"Haha, the institutions are actually a mixed bag. There are not many truly powerful institutions in the industry. Most of the remaining institutions are actually just large retail investors."

"Mainly the public equity institutions in the industry make money by charging fees for scaling up, not by performance at all. Therefore, everyone's investment research capabilities are indeed uneven."

“I really didn’t expect the institution to be so damaged.”

"The core lines of 'big finance', 'big infrastructure' and 'military industry' should be completely abolished, right?"

"In the short term, it will definitely be completely ruined."

"The core main lines of 'big finance', 'big infrastructure' and 'military industry' have not been abolished much, and they have also seriously dragged down the performance of other core main lines of the market."

"Isn't it? The core main lines of 'big consumption', 'mobile Internet' and 'smartphone industry chain' have all been affected. I am speechless."

"If it weren't for the drag on the core main lines of 'big finance', 'big infrastructure' and 'military industry' today, I don't think the market would be like this, right? Looking at the market trend in the morning, it is obvious that 'big consumption' and 'mobile Internet' , 'smartphone industry chain' and other core market trends are going very well."

"There is no doubt that it has been dragged down by the main lines of 'big finance', 'big infrastructure' and 'military industry'."

"I never expected that the 'Yuhang Department' under the leadership of President Su did not collapse at all, but the three core main lines of 'big finance', 'big infrastructure' and 'military industry' collapsed."

"Yeah, who would have thought?"

"Previously, these institutions in the market blamed Mr. Su for such a bad market trend. Now it seems...it is entirely their own problem."

"I was afraid that the 'Yu Hang Department' headed by President Su would destroy the market, but I didn't expect that they themselves would be the main force behind the market collapse."

"That's right, it's so funny."

"But no matter how you say it, no matter what the real reason is that caused the collapse of the core main lines of 'big finance', 'big infrastructure' and 'military industry', in short... Now look at the internal chip structure of these three core main lines. , is showing a complete collapse trend.”

"That was it a few trading days ago."

“That’s why we need to avoid the trends in the core main lines of ‘big finance’, ‘big infrastructure’ and ‘military industry’ at the moment.”

"In today's market trends, currently, the one with the greatest potential for speculation is probably the 'Film and Television Media' line, right?"

"Yes, the 'film and television media' line is quite strong."

“The core focus is on ‘Internet online education’ which is the main line of ‘film and television media’.”

"Well, the check for 'universal education' has gone very well. It feels like it has become the leading concept in the two cities."

"The check for 'universal education' is good, but the plate is too small and can only accommodate a few million or tens of millions of funds. If it is more, it will be impossible."

"Yes, it's only suitable for small-scale hot money, which is a pity."

"What about LeTV, Huayi Brothers, Huace Film and Television...these stocks? LeTV's market value of tens of billions is enough to accommodate tens of millions or hundreds of millions of funds, right?"

"These tickets are not bad, but the location is not low either."

"Mainly because of these stocks, there was a wave of speculation in the second half of the year. In fact, the current position and valuation of the entire stock price are still in the direction of the three main areas of 'big consumption', 'mobile Internet' and 'smartphone industry chain' Popular stocks are more cost-effective investments.”

"I think so too."

"Hey, let's take a look at some stocks of 'Quantong Education' tomorrow."

"I think that in two years when the capital volume is tens of millions, it is more cost-effective to pursue LeTV in the 'film and television media' sector."

"It's a pity that the Shanghai Stock Index failed to hold on to 3,600 points today."

"The Shanghai Stock Index cannot support 3,600 points, and the short-term support line behind it will reach at least 3,500 points."

"I'm afraid I won't be able to hold on even at 3,500 points."

"No, that's not the case. Although the market's downward trend today is still very serious, in terms of the performance of the three core main lines of 'big finance', 'big infrastructure' and 'military industry', it feels like the market has continued to be ahead for many days. The correction is approaching the end of the adjustment.”

"Whether 3,600 points can be sustained or not, after falling for so many days, a rebound should be imminent."

"If you ask me, if the overall market situation is not good, it would be better to rest first."

"That's right, it would be better if you take a break if you can't do it well."

"If we really want to make a deal, the 'Film and Television Media' line is definitely better at the moment."

"Sigh, I don't know what's going on with the 'Yu Hang Department' currently in charge of Mr. Su. The main force of the 'Yu Hang Department' in charge of Mr. Su is not in the market, and I always feel uneasy."

"Yes, after reducing the position on Monday, there was no movement. It's really strange."

"In half a month at most, the 'Yu Hang Series' managed by Mr. Su will definitely announce its net worth and holdings. After all, at the end of the year, the main fund products of the 'Yu Hang Series' managed by Mr. Su will, in accordance with the previous agreement, It’s basically time for net settlement.”

"Haha, I really don't know how much money the main fund products of the 'Yu Hang Series' managed by Mr. Su made in this year's bull market?"

"I'll definitely make a lot of money."

"The net value of several major fund products in the entire 'Yu Hang Series' has at least doubled, right?"

"Definitely double that, no doubt."

Along with the discussion among the main hot money group of the 'Yu-Hang Group', the data of the Dragon and Tiger Rankings of the two cities were discussed.

At the same time, retail investors from the two cities gathered on all major stock investment discussion platforms across the Internet, as well as in major financial media communities and comment areas.

Everyone is concerned about today’s market trends in the two cities.

It was basically an accident and felt seriously lower than expected.

Of course, when everyone is disappointed with today's market trend.

Everyone is still relatively optimistic about the subsequent trend of the market. At the same time, regarding the market trend pattern of the two cities, they also believe that the current market is still in a bull market pattern.

And as a group of industry institutions that are decisively selling on the Dragon and Tiger list today.

Institutional groups are indeed still bullish in their views on the market. Some radical institutions even shouted the slogan of 4,000 points on the Shanghai Stock Exchange Index before the Spring Festival.

However, among many institutional groups, they sing too much and sing too much without thinking.

Due to the loss of the market's money-making effect in the past few days, due to the market trend that has been lower than expected for many days.

The vast investor group inside and outside the market, especially the retail investor group, no longer believes much in the words of this group of institutions, as far as short- and medium-term market expectations are concerned.

among the broad group of retail investors.

The generally bearish view has suppressed the bullish view.

"The market wind direction is changing." Noting the changes in long and short sentiment after the opening of the two cities, as well as the changes in the wind direction of comments on the entire network, Yu Hang, within Minghui Capital Company, in the main fund trading room, He Hong, as the main fund manager After roughly browsing the information on the Internet, he sighed, "According to the direction of this change in sentiment, I feel that the market will continue to fall next week before it can be temporarily stabilized."

Hearing He Hong's words, Xu Zhongji, general manager of Minghui Capital, standing next to him, narrowed his eyes and said: "If it falls, let it fall. As long as there is no problem with the underlying logic of the bull market, then more adjustments here will be more beneficial to the chips." The formation of a structural platform will also provide a stronger support effect for subsequent market trends."

"That's all I can think of." He Hong nodded.

"But..." Xu Zhongji paused and said, "Since the current market news and sentiment show that there are no signs of the adjustment in the two cities being over, then we should not be anxious in terms of investment strategy and continue to operate with light positions. , let’s wait for further clarity on the subsequent market conditions.”

"Okay." He Hong nodded.

And at the same time when the two of them were talking...

Inside the ‘Jingda Investment’ company also in Yuhang.

As the general manager of 'Jingda Investment', Gu Chijiang stared at the Dragon and Tiger ranking data disclosed by the two cities, as well as the general views of the vast investor groups in the two cities, as well as the brainless bullish opinions of various institutions, and the news on the news, and then thought about it for a while, and said: "Looking at it, the mood has just changed in the direction of short sentiment. Let alone the freezing point, it has not even reached a trough. Such an emotional expression... I’m afraid the market adjustment is far from over yet.”

"Well, I think so too." Next to Gu Chijiang, Lin Tingzong, the fund manager of Jingda Investment Company, paused and responded with a smile, "From the current market sentiment analysis, it is obvious that the market is in a period of At the point where short sentiment is fermenting, there is definitely still some distance to go before the adjustment ends.”

"If this continues, I'm afraid the 3,500 points won't be guaranteed." Gu Chijiang said.

Lin Tingzong responded: "Whether 3,500 points can be maintained or not is actually not very important. As long as the underlying bull market logic of the market is not broken, there will not be much of a problem. At present, the reason why the market has fallen so continuously is mainly because It has been dragged down by the three core main lines of 'big finance', 'big infrastructure' and 'military industry'.

But after this week's continued decline.

In fact, the three core main lines of ‘big finance’, ‘big infrastructure’ and ‘military industry’ have almost released risks.

Even the current position is not the end of the market adjustment.

That’s when most of the short- and medium-term investment risks in the three core main lines of ‘big finance’, ‘big infrastructure’ and ‘military industry’ have been released.

The subsequent adjustment trend should be much gentler.

There is a high probability that it will not form a sustained and rapid downward trend like this week.

What's more, judging from this week's market trends...

In fact, the market is full of local money-making effects. Just like today's 'Film and Television Media' sector, the 'Big Consumption' and 'Apple Concept' sectors in the past two days all have good money-making effects.

As long as there is a sustained money-making effect in the market, there is a sustained short-term market that can be done.

So, the adjustment of the index is actually not terrible at all.

On the contrary, the adjustment time period is lengthened, which will help the chips in the core main fields of 'big finance', 'big infrastructure' and 'military industry' to regroup, and will also help the entire market to form a stable position in this range. A more solid chip concentration platform will accumulate strength for a new upward breakthrough after the subsequent market adjustment and build a strong market support platform for subsequent market breakthroughs. "

"Having said that, the news at the end of the year is still quite changeable." Gu Chijiang said, "Furthermore, at present, the 'Yu Hang Group', the core main force in the market, is still unclear about its movements and motives."

"What does Mr. Care mean..." Lin Tingzong asked.

Gu Chijiang thought for a moment and said: "What I mean is... we should be a little more conservative in our original investment strategy, and try to control the retracement of the current net value of fund products. Since the market conditions are not good, the money-making effect It’s not much, so let’s just keep the light position operation.”

"Okay, sure." Lin Tingzong nodded and said, "When the market opens next week, I will further reduce the position of the fund product and control the drawdown by controlling the position."

Seeing that Lin Tingzong agreed with his suggestion, Gu Chijiang smiled and nodded.

Likewise, at the same time.

In the capital product trading room of 'Yinghui Fund' company, 'Yinghui No. 1', Liu Guanhai also decided to continue to lower the fund after analyzing the data of the dragon and tiger rankings of the two cities, as well as the news and sentiment of the two cities. Position, control the decision to withdraw the fund’s net value.

In the same company, in the fund product trading room of "Yinghui No. 2" next door.

After thinking about it for a long time, Shao Xiaoyun felt that the time was just right to adjust positions and swap shares, and truly embrace the main directions of 'big consumption', 'mobile Internet', 'smartphone industry chain', and 'film and television media' Market trends, it’s time to seize these popular heavyweight stocks in the main direction, as well as high-quality stock chip opportunities.

"Chang Ling, what do you think?"

After Shao Xiaoyun expressed his thoughts, he looked at his trading team leader Liu Changling.

Liu Changling thought about it for a while, but did not quite agree with Shao Xiaoyun's opinion. He responded: "I think the core lines of 'big consumption', 'mobile Internet', 'smartphone industry chain' and 'film and television media' are completely replaced by distance." The core main lines of 'big finance', 'big infrastructure' and 'military industry' are obviously still some way off from completing the market's main line market trend switching.

Moreover, from this week, the core main lines of "big finance", "big infrastructure" and "military industry" have been adjusted.

Judging from the trends of the core main lines of 'big consumption', 'mobile Internet', 'smartphone industry chain' and 'film and television media'.

These core main lines are obviously not fully recognized by the major financial groups in the market.

At present, and analyzed from the expected direction.

In other words, the short- and medium-term expectations of the 'film and television media' line are slightly stronger, and it has the ability to make major changes in the industry's fundamentals and explode in performance.

Several other main lines, currently...

It can only be said that the expectations are not bad, but it really has not been fully recognized by all the funds in the market.

In this case, if we completely shift the focus of investment and fund holdings to these core main lines, I think there is something wrong. "

Seeing that the idea he proposed was not recognized by Liu Changling, Shao Xiaoyun continued to think about it for a while, frowned slightly, and asked: "Then what do you think... what kind of investment strategy and trading strategy should we focus on at this stage? What?" (End of chapter)