The investment era of rebirth

Chapter 296 False breakthrough, true reversal!

"Damn it, can this break the board?"

Seeing Fenda Technology's daily limit being smashed, and hundreds of millions of selling orders pouring out, the majority of investors who hold this stock, or are paying attention to this stock, feel like ten thousand horses running past, shocked and shocked!

At the same moment, Fenda Technology's lightning broke the board.

The selling in the entire market also intensified instantly, with many popular stocks diving rapidly, and the ChiNext Index also fell to the 1,400-point mark in an instant.

"It doesn't make sense? Why did the index break through, but the market weakened instead?"

"What the hell, it's poisonous! Can such a hard board be broken open?"

"False breakthrough? Hey... as soon as you catch up, you dive like crazy, it's really fatal!"

"When the index did not break through, the market trend was very stable. Why did the trend immediately start to reverse as soon as it hit a new high?"

"Top divergence, is this a top divergence?"

"These funds that are smashing the market are simply crazy. The index has already broken through the pressure level. Why not keep going up? If we stand firm at 2,500 points, new space will appear!"

"It's really just a fake breakthrough that lures many people! Oh... I was fooled!"

Everyone panicked and screamed in disbelief. In just two minutes, the GEM index retreated below the 1390 point again. In just a few minutes, the retracement range exceeded 1%. During this period,

The Shanghai Stock Exchange Index also retreated to around 2480 points in a flash, and 2500 points is no longer a dream.

Of course, at the same time.

In the main hot money group of Yuhang where Su Yu is located, many hot money players active in the field also completely exploded.

"What did I just say? Be cautious in pursuing higher prices! Sure enough... as soon as the index touched 2,500 points, the bulls were exhausted. Looking at this situation, the market bulls did not have a second attack to recover 2,500 points.

, the trend is here, I’m afraid it’s going to reverse.”

"If there is no strong breakthrough, the index will form a trend of top divergence!"

"What else is there to say about breakthroughs and not breakthroughs? Look at the market... All popular stocks with ample liquidity have been suppressed by selling and are in the midst of crazy diving. There is no hope. There is no hope for a breakthrough."

"What's more, it's still a problem of insufficient capacity, which has caused the Shanghai Stock Index to be above 2,500 points, and it is simply unsteady."

"Hey, knowing that the market volume is insufficient, in fact, the index should not easily attack the pressure level. As long as there is no forced breakthrough, then market expectations and emotions will still remain in a stable state. The hopes of the bulls will not be dashed, and the hopes of the bears will not be dashed.

I will exercise some restraint and think about reducing my position at a higher position, so that it will not be like now...the main funds in the market, seeing that the index is not stable at the pressure level, will all turn short from long in an instant."

"Unfortunately, there is no if for market trends!"

"Hey, my expectations were in vain. What's even more depressing is that I was chasing Banfenda Technology just now."

“Funda Technology is so hot-tempered, it really shouldn’t be!”

"There is nothing wrong with it. Although the board was closed with great force, the index is not stable at the pressure level and the market is not able to follow suit. Once the main funds in the entire market are expected to turn short from long, in fact... this board is

It’s bound to explode. Of course, the 80,000-lot order was swallowed up by the selling in an instant. It’s really scary.”

"In the stock of Fenda Technology, there are such a large number of main players holding positions. Apart from the major shareholders of the company, Mr. Su's path to wealth should be the only one, right?"

"With tens of thousands of hands and hundreds of millions of selling orders at every turn, only Mr. Su's Wealth Road has such a large amount of chips."

"Hey, this proves that Mr. Su's path to wealth is now empty?"

"This must be the case, otherwise if Fenda Technology collapsed, other popular stocks, especially the related concept stocks held by Mr. Su Wealth Road, would all collapse in an instant. These are the main funds in the market. After discovering that Mr. Su

After Fortune Road has a high probability of taking profits and reducing positions, it is frantically grabbing market liquidity!

"Hey, it looks like we are going to replicate the trend on October 23rd."

"If it doesn't go up, it will go down! If the Shanghai Stock Exchange Index and ChiNext Index cannot break through the pressure level above, they can only choose to adjust downward and choose support again."

"I knew that the trend of Xiao Yin and Xiao Yang, two steps and one turn, three steps and two turns, is safer."

"In the final analysis, the market volume has not kept up, and the entry of incremental OTC funds into the market cannot keep up with the increase in the index. Otherwise, it will not always be able to break through the 2,500-point mark."

"I just don't understand, why can't the incremental funds keep up?"

"Maybe it's because of the tight funds at the end of the year! In fact, there is no problem with market sentiment and expectations."

"The central bank still has to release a wave of water before the market can truly break through!"

"Don't talk about what's available and gone. What should we do now? Reduce our positions?"

"Reduce! All the bargaining chips that can be sold can be sold. Boards like Fenda Technology have been smashed. The intensity of subsequent market sentiment and the main funds from all walks of life willing to follow the trend at a high level will only become less and less. When the time comes, the flow will

If the stock price tightens, the stock price will only continue to fall. If it does not decrease at this time, the profit retracement will probably be more serious."

"Hey, Fenda Technology has taken a very bad lead!"

"The volume of Fenda Technology can be increased to more than 3 billion. I didn't mention it. With this volume and the intensity of the change of hands, if Mr. Su's wealth path is really ruined, it can be said that... this check will definitely not be available again in the short term.

The market situation, at this time, if you hold this stock, sell it if you can!"

“Damn, it’s falling so fast, I can’t even keep up with the pending orders.”

"The market pattern has changed from long to short. If the market price falls, sell. Don't place orders. In this rapid diving trend, you can't sell if you place orders."

"Hey, it's great to be able to sell it. I just bought it chasing the high price and couldn't sell it even if I wanted to."

"Me too. I originally thought that if the index broke through strongly, even if it couldn't stand the 2,500-point mark, at least it wouldn't have an extreme trend. I didn't expect..."

"That wave of diving in the morning felt like a sign, but unfortunately... it didn't cause any alarm!"

"Everyone is looking forward to the Shanghai stock index breaking through. Who would have been alarmed before?"

"Damn it, look at it now... that wave of diving in the morning is so interconnected, it may be that Mr. Su is trying to reduce his position in advance in order to get rich!"

"Yes, yes, I thought at that time that Mr. Su's wealth was on the selling side."

"Today, there is a high probability that Mr. Su's wealth will appear on the Dragon and Tiger list again."

"Since Mr. Su has started selling on a large scale to stop profits, what else can you say? Just follow the selling!"

"The most extreme emotional expression is often the high point of the market stage and the trend change node. Alas... I know this is the case, why didn't I learn the lesson? But when Fenda Technology was closed, I still increased my position.

, what the hell... I’m so angry that I’m vomiting blood!”

"98.33 yuan, this price is really good!"

"It's so funny, I didn't expect there is a reminder hidden here."

"The more than 3 billion funds chasing Fenda Technology today will definitely vomit blood."

"Fortunately, I held back. I originally wanted to wait until the index stabilized at 2,500 points before taking an opportunity on the right side. Now it looks like... there is no need to wait."

"Oh my god! The index dropped so fast. At this moment... it actually dropped another point."

"I'm afraid it's going to turn green!"

"Sell, sell quickly. There are too many funds trapped in high positions today, and the market will definitely not be better tomorrow."

As the news in the group continues to be refreshed, almost all major funds in the market have turned from long to short, and more and more selling is pouring out, like a furious wave, crashing down on the market of major popular stocks.

And in a market trend that has completely reversed.

At 1:52 o'clock, Fenda Technology, which is an indicator of market sentiment and popularity, fell below the 90 yuan mark, and the market turned from red to green. In less than half an hour, it retraced more than 10 points. At the same time, the Shanghai Stock Exchange Index

It fell back to within 0.5%, and the ChiNext index fell back to within 1%.

"Funda Technology has made a huge amount of transactions in history. Isn't it going to be an extreme trend with such an extreme trend?"

Seeing that the popular index stock Da Technology in the two cities turned green from the daily limit, inside Yanjing and Anlan Funds, in the trading room, Xie Wanting said nervously: "If the breakthrough fails, in the blink of an eye, market expectations and sentiments collapse directly. This

The trend... the average investor really can’t stand it.”

"There is not enough volume to support it. Once the index hits a solid pressure level, it is always a selling point." Next to Xie Wanting, Zhou Guohua said with a smile, "There are too many smart people in the market. When they realize that the index cannot hold the pressure level,

, cannot substantially break through the pressure ahead and open up new space, naturally everyone wants to take the lead, seize the most abundant liquidity and high points in the market, and complete the harvest.”

"In the final analysis..."

Zhou Guohua paused and continued: "Even though a lot of off-market investors have entered the market during this period, and the overall incremental funds in the market have been enlarged, in essence, the core of the market is still the stock game."

"Since it is a game of stocks, it is not surprising that each other would hold back each other, only willing to sit in the sedan chair rather than lift it, and run away when the situation is not good."

"Also...the market has been devastated by bear markets for too long."

"In the current market, except for a very small number of long-term investors who have been fooled by institutional analysts and regulators, they firmly believe that this is a bull market."

"The vast majority of other investors are still operating based on bear market thinking."

"What's more, in the stock game, the active investors who stay in the market are all investors who have experienced the market's bullish and bear transitions, multiple rounds of sharp rises and plummets, and consider themselves smart."

"These investors are generally cautious."

"Once I find that the market trend has changed, I usually run faster than anyone else."

"This is also the reason why the market can easily dive once it encounters upward pressure. It is also the reason why the index has touched 2,500 points twice but has never been able to truly break through."

"Because fundamentally, everyone still doesn't believe this is a bull market."

"The overall bull market confidence in the market is insufficient, which has led to various funds not daring to do business based on long-term thinking. They all want to do the swing market, take a bite and leave."

"What institutions say is that speculation outweighs investment in the current A-share market. This is actually the most essential portrayal."

"Take the path to wealth that you admire most..."

"His series of operations are, in essence, speculative behavior based on the game of market stock, and are far from being called investments."

"Didn't the teacher also say that the fundamental purpose of financial transactions is the appreciation of capital and profit? Speculation and investment are just means of obtaining capital appreciation and profits. There is no essential difference?" Xie Wanting smiled and said:

Mr. Su defended, and then said, "Looking at the market trend of Fenda Technology, as well as the trend of many popular stocks on the two main lines of 'smartphone industry chain' and 'mobile Internet', Fortune Road should be in trouble, right?

"

Zhou Guohua nodded slightly: "Except for him, there is no other major capital in Fenda Technology stock with such a large amount of capacity. After all, major shareholders need to announce in advance to reduce their positions."

"Moreover, he has reduced his positions on a large scale this time..."

Zhou Guohua stared at the rapid changes in the two cities, pondered for a moment, and continued: "The signs are quite obvious!"

"I think, at this time..."

"Many major institutions in the market, and even many large, medium and small investors, should have realized that Fortune Road is reducing their positions on a large scale."

"The reduction is indeed quite urgent." While the teacher was speaking, Xie Wanting carefully observed the market and nodded in response, "It feels like it is almost a liquidation-style sell-off style. Could it be that... there is something hidden in the market news?

What important disadvantages were there that were not revealed, but he caught them in advance?"

"It's not such a coincidence, is it?" Zhou Guohua said in surprise.

"Then why is the market smashing so violent?" Xie Wanting said, "They are almost selling against the market liquidity!"

Hearing his apprentice's worries, Zhou Guohua carefully looked at the changes in the two cities and said: "What you guessed is also possible. I will ask people to carefully inquire about the news on the market to see if there is any market that we have missed.

Bad news, at the same time...Wanting, you should sell against the market liquidity!"

"The wealth of Fortune Road now has a great influence on market sentiment."

"Coupled with the failure of the index to break through and the reversal of the long-short situation, there is a high probability that the subsequent index will continue to adjust and find support downwards again."

"In other words, the current market does not have sufficient bull market confidence support."

"Once it slips, it will take a long time to recover, so... it's better to stop as soon as possible!"

"Since the market does not have a long-term investment foundation and the fluctuations are too large, we can only follow the market trend and perform swing operations."

"Okay!" Xie Wanting responded, and then began to place large-scale sales orders.

In fact, as one of the first major funds to follow the Fortune Road to buy bottoms and build positions, the fund she manages has already made profits on popular concept stocks related to the two core main lines of 'mobile Internet' and 'smartphone industry chain'.

It's quite lucrative, and I have long had the idea of ​​reducing my position and taking profits.

Therefore, the large-scale sales of Fortune Road and the teacher's instructions were very much in line with her wishes.

With the conversation between the two and Xie Wanting's large-scale selling order, the market trading time passed 2:15. At this moment, the Shanghai Stock Exchange Index, the Shenzhen Stock Exchange Index, the GEM Index, and the Small and Medium-sized Enterprises Index all lost their value.

The previous strong state turned green and fell underwater.

Then, when the time passed 2:30, it entered the last half hour of the late session.

There are huge profit-making chips in the market, and numerous major institutions, major hot money, and large investors have begun to compete for the remaining liquidity in the market. Under such circumstances, they are still willing to take advantage of the situation.

Those who licked their heads and speculated on the bottom took over funds, regardless of the cost, regardless of the actual ability of individual stocks to absorb the crazy decline.

Subsequently, under the influence of the main selling forces who rushed to exit during these extreme sell-offs.

At 2:36, Fenda Technology, a core stock in the market's popularity, crashed again and was directly pressed to death on the lower limit, embarking on an extremely tragic trend.

At the same time, at this moment.

Extreme panic occurred in the market, and countless popular stocks crashed!

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