The investment era of rebirth

In the evening, as market sentiment continued to be unanimously bullish, U.S. stocks opened higher, further stimulating the potential long willingness of the domestic market.

The next day, Wednesday, May 14th.

Amid calls for bullish moves in the market, the Shanghai Stock Exchange Index opened higher again, standing at 2,445 points, up 0.46%.

At the same time, a number of popular stocks in the two core main areas of "infrastructure" and "state-owned enterprise reform" have once again been sought after by various funds on and off the market. "Beixin Road and Bridge" closed at the daily limit yesterday.

The price opened higher at about 7.5%, and the "Beijiang Communications Construction" check opened higher by 8.53%, just one step away from the daily limit. Moreover, the entire call auction turnover of these two core popular stocks was in the tens of millions.

level and above.

Especially for "Beixin Road and Bridge", the transaction volume of the collective bidding alone reached more than 48 million, and the trading volume was extremely active.

"Looking at the overall transaction volume of the two cities through collective bidding, compared with yesterday and even the day before yesterday, the volume has exploded." At 9:26, inside Yuhang and Yuhang Investment Company, in the fund trading room, Li Meng observed what had been fixed.

"At the same time, on the market, the buying orders for various popular stocks are more aggressive than yesterday and the day before yesterday. It feels like investors' expectations for market consistency are getting stronger," he said.

When Su Yu heard Li Meng's words, he nodded slightly and said: "The favorable conditions on and off the market continued to affect the bullish sentiment. Many popular mainline stocks continued to surge at high levels and refused to pull back, resulting in light positions and hesitation in short positions both on and off the market.

Some investor groups are becoming more and more anxious and do not hesitate to chase higher prices to raise funds. In this way... their energy naturally explodes again."

"In this case, the market should accelerate to the top, right?" Li Meng asked with a smile.

Su Yu stared at the two markets that were about to officially open for trading, and responded: "It's almost the same. Under the continued high bullish sentiment, this wave of energy is basically the last wave of bullish power in the market. If

When this wave of bullish power is exhausted, the long-short situation in the market will inevitably turn around."

"The end of the strong crossbow..."

Su Yu paused for a moment and continued: "The market looks like a hot market, but in fact, the potential short power accumulated by profit taking and floating hold-up orders has almost reached its extreme, and it is just waiting for the financial strength of the bulls to follow the trend and catch up.

When sentiment and confidence diverge again, these potential sell-offs will emerge."

"2500 points is the consensus expected landing point of the bulls, and it is probably the final exit selling point where the bears concentrate their power."

"But before that, because the market has unanimous expectations for the 2500-point position of the Shanghai Stock Index, before the Shanghai Stock Index reaches this real pressure mark, although the potential selling force on the market is large, it will not concentrate on selling, so the market looks like

, the power of the bulls will still be far stronger than the power of the bears.”

"Yeah!" Li Meng responded, "The closer the market is to the top, the stronger the market expectations are."

"But the closer it is to the expected fulfillment, the more dangerous the market will be." Su Yu took over and said, "For the large number of investors holding positions in the market, especially in this round of market conditions, investors who have already made a lot of profits

For the group, the expected redemption point is a gain or loss of 2,500 points."

"Master, the index is now only about 3 points away from 2,500 points, which is an increase range of about 3 points." Liu Yuan said, "Since we have judged the important pressure mark of 2,500 points, it is impossible for the Shanghai Index to actually break through at this stage, then should we

Should we increase our efforts to reduce positions at this moment and take advantage of the good market liquidity to fully reap market profits?"

After yesterday's comprehensive reduction of positions, the two main funds reduced their holdings of 1.36 billion in marginal concept stocks in the main areas of "infrastructure" and "state-owned enterprise reform".

This amount of reduction is not a small amount.

However, compared with the current huge holdings of the two main funds, which total more than 14 billion, it is really not worth mentioning.

According to Su Yu's requirement, positions in the main areas of "infrastructure" and "state-owned enterprise reform" must be reduced to less than 50% before the market fully turns. If traders want to achieve this goal, they must lose at least more than 6 billion.

chips, the task is quite heavy.

Therefore, Liu Yuan at this moment,

That's why I made this suggestion.

After all, in her view, if the expected range for the index to rise is less than 5%, there is no need to wait any longer.

Because in the current market with a turnover of only about 120 billion to 130 billion.

Their short-term goal of reducing positions of more than 6 billion is already equivalent to a big ship on an inland river. It is not easy to make a complete turn. Moreover, before turning, one must predict the market trend and make decisions in advance.

Otherwise, if you really react when the market situation turns completely, it will probably be difficult to make a timely turn, and you will definitely give up a lot of early profits.

"Yes!" Su Yu responded, "From now on, stocks held in the main areas of "infrastructure" and "state-owned enterprise reform" can be reduced. However... while reducing positions, the previous principles must still be followed.

Do not take the initiative to sell orders to kill the decline, do not continuously sell large orders of more than a thousand lots, make reasonable use of market liquidity, carry out the operation of reducing positions into parts, and control the amount of reduction of positions to avoid possible disclosure of the Dragon and Tiger List.

Phenomenon."

The "Fortune Road" seats used by the company's two main funds have a great impact on market sentiment.

When they need market liquidity to support the company's main funds to quickly exit the market and achieve the goal of reducing positions as soon as possible, any reason for early exposure of trading seats will cause great fluctuations and variables in the market, thus affecting the company's main funds in the final stage.

profit harvesting situation.

"Okay!" Liu Yuan responded.

Then he gave many of the opinions given by Su Yu to other members of the entire trading team that he managed.

"Aren't you planning to sell the Beixin Road and Bridge stock that you bought with your personal trading seat?" After Su Yu explained the trading strategy, Li Meng focused on the Beixin Road and Bridge stock and said with a smile, "Balian

It’s gone. It has increased more than three times since the bottom. It feels like this check has opened again today with heavy trading volume. The hype and market conditions are also beginning to come to an end.”

Su Yu responded with a smile: "The fact that this check has been hyped to such a high level by the market has exceeded my expectations. However, this check has become the stock with the most attention in the market, with both turnover rate and amplitude ranking among the top in the market.

The trading trends of large domestic and foreign funds cannot escape the dragon and tiger lists disclosed every day.”

"If I sell a large amount of chips at this time..."

"If the trading seats appear on the dragon and tiger list, the company's two main funds will not be so easy to reduce positions and stop losses."

"So, when I come out, let me be the one who cuts off the back, and let the check from Beixin Luqiao attract more bull baits that are still chasing highs here, and further increase the market's liquidity and money-making effect.

, in this way you will be more calm when reducing positions and taking profits, and the market will last longer at the top of the market stage."

In the current market, Beixin Road and Bridge's check is the absolute core of speculation, and it is also the absolute leading stock on the two core lines of "infrastructure" and "state-owned enterprise reform." As long as this check can remain highly active, it can continue to rise and open

If there is room for market speculation, the expectations for speculation in the two main areas of "infrastructure" and "state-owned enterprise reform" will not subside quickly. Naturally, the liquidity of these two main areas will not be much worse.

"Okay!" After Li Meng understood Su Yu's idea, he stopped asking further questions.

"Boss, where will the funds freed up by us from reducing positions be moved?" Seeing that the time was about to reach 9:30, Wang Can, who had been silent, asked, "The "military industry" field you mentioned before, at this time...

...Can we continue to increase our positions? I feel that this sector has not risen much during this rebound. It is basically standing still. If the short-term speculation on the two core main lines of "infrastructure" and "state-owned enterprise reform" reaches its peak and the market falls into adjustment, this sector will probably also

It can’t fall far, right? After all, it hasn’t gone up, and there’s no profit margin.”

Su Yu glanced at the overall collective bidding trend of the "Military Industry" sector on the big screen in the trading room, pondered for a moment, and said: "The funds released from the reduction of positions in the fields of "Infrastructure" and "State-owned Enterprise Reform" can slowly increase positions in the "Military Industry" field.

individual stocks, but the pace of increasing positions should not be too large, and should be carried out in a broken-down manner. Try not to cause major changes in the market, and it is better to build positions quietly."

"Okay!" After receiving Su Yu's precise instructions, Wang Can immediately took action.

As everyone communicated and arranged trading strategies, at this time, the time had moved to 9:30, and the two cities ushered in the official continuous bidding trading time.

It only took a brief five minutes for the emotions to brew.

As soon as the market opened, under the hot bullish sentiment, the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index surged higher. At the same time, the core sectors related to the two main lines of "infrastructure" and "state-owned enterprise reform", as well as such as Beixin Road and Bridge, Shibei High-tech, and Beixin

Xinjiang Communications Construction, Shanghai Construction Engineering... and many other popular stocks have also exploded in volume and increased rapidly.

At 9:31, Beijiang Communications Construction, which opened sharply higher, was once again blocked on the daily limit by tens of millions of consecutive capital buying orders. The turnover in one minute exceeded more than 33 million. It can be said that the trend was closed within seconds of opening. At the same time,

Time... Another popular stock, Beixin Road and Bridge, exploded with greater energy and almost hit the daily limit.

At 9:32, the Shanghai Composite Index broke through 2455 points, bringing the increase directly to near the 1% position. At the same time, all industry sectors and concept sectors in the two cities all turned red and rose.

At 9:33, Huaguo Construction surged, rising by more than 5%, and its transaction volume exceeded 140 million in 3 minutes.

At 9:34, Beixin Road and Bridge hit the daily limit, but it was not sealed. The turnover reached 268 million. The trading volume was fierce and the trading volume was huge.

At 9:35, MCC's growth rate quickly exceeded 5%. On the market, active buying orders at the level of 10,000 lots emerged one after another.

At 9:36, the transaction volume of Beixin Road and Bridge exceeded 300 million, and the turnover rate reached more than 10%.

At 9:37, Construction Engineering was listed on the Shanghai Stock Exchange. The popular stocks of "infrastructure" and "state-owned enterprise reform" with medium and low positions received a lot of attention from funds that were actively following the trend on the market and rushed to raise funds.

At 9:38, Wangsu Technology suddenly raised its daily limit in a straight line, and the growth stocks on the GEM changed direction.

At 9:39, LeTV, Oriental Fortune, Huayi Brothers, and Enlight Media followed suit, and the "Film and Television Media" sector experienced an explosive rise.

At 9:40, the GEM index rose by more than 1%. At the same time, funds in the two main areas of "infrastructure" and "state-owned enterprise reform" strongly followed the trend and rushed to raise funds. After the "Film and Television Media" sector exploded, the fever has subsided, but overall

On the day, it still led the gains in both markets.

At 9:41, the Shanghai Stock Exchange Index refreshed its intraday high to 2,460 points, and the increase reached a breakthrough of 1.5%.

At 9:42, Beixin Road and Bridge fluctuated back and forth at the daily limit position, changing hands significantly, and after the transaction volume exceeded 380 million, with the joint efforts of several major funds, the daily limit board was once again sealed, achieving a trend of nine consecutive boards, and refreshing at the same time

The market has a high degree of speculation space for concept stocks this year, further opening up the space for speculation in the two main areas of "infrastructure" and "state-owned enterprise reform" and the enthusiasm of funds to follow the trend.

At 9:45, the "big finance, military industry" sector, which has significantly underperformed this round of index rebound, showed a slight rebound. Related core stocks also showed a slight increase in concentrated volume, but the market buying was concentrated.

The situation of following the trend is still not optimistic, and the overall active buying intensity is far less than that of several popular sectors leading the rise.

At 9:50, the total transaction volume of the five "infrastructure" core industry sectors of "building decoration, building materials, public transportation, real estate, and steel" exceeded the 15 billion mark, significantly increasing compared with the previous period, and accounting for 60% of the market transaction volume.

On the left and right, among them are "Huaguo Construction, Huaguo Railway Construction, Huaguo Communications Construction, Huaguo MCC, China South Locomotive, China North Railway" and other core value blue chips that have the concepts of "infrastructure" and "state-owned enterprise reform"

The trading volume of stocks has reached its highest peak during the same time period this year, setting a new high in trading volume.

At 10:01, after half an hour of trading after the opening, the index once again showed a positive trend with heavy volume, and the entire market situation once again continued to deepen and diverge around the fields of "infrastructure" and "state-owned enterprise reform", forming a relatively considerable trend.

The two cities saw general gains.

At 10:10, the turnover of the two cities exceeded 40 billion, setting a new high for the same period of the year.

At 10:20, the Shanghai Stock Index continued to break through upward, refreshing the intraday high to 1.5%, with an increase of more than 1.5%, which was the level expected by the majority of investors in the market.

The 2,500-point pressure mark is getting closer and closer.

At 10:30, the Shanghai Stock Exchange, Shenzhen Stock Exchange Index, and ChiNext Index all rose by more than 1.5%. Except for stocks suspended from trading in the two cities, 90% of the stocks rose, and the money-making effect of the two cities reached its peak.

At 10:50, the number of daily limit stocks in the two cities exceeded 40, regardless of the main areas of "infrastructure" and "state-owned enterprise reform", or the "growth stocks" area of ​​the small and medium-sized board, GEM, or the "oversold stocks" area that was sluggish in the early stage.

, all the popular mid- and small-cap concept stocks surged simultaneously, and the market conditions in the two cities were extremely hot.

"Damn it, the market today is so explosive!"

At this moment, when the long sentiment in the entire market is extremely high, and the majority of investor groups are extremely determined to follow suit, Shao Xiaoyun, the fund manager, is in the trading room of Yinghui Fund Company, Yinghui Fund Company, in Shanghai.

Looking at the rapid progress of the market and index, and then looking at the fund account, I saw a large amount of idle funds that had been reduced in advance and taken back in the previous two trading days. I was so moved that I almost beat my thigh to pieces.

Gritting his teeth, he couldn't help but hurriedly stood up from the computer desk in front of him, and ordered to the traders: "Buy, buy, get back all the positions we lost before, look at this situation... the market is heading north, in the short term

It’s very difficult to pull back.”