The investment era of rebirth

Chapter 455 Deep V washes the market, breaks and then stands?

At the same time, no one could have imagined that the small and medium-sized board and GEM, which had clearly gone out of style switching before and performed significantly better than the Shanghai Stock Exchange Index, had become the market's leading index. As if overnight, the market's investment style had switched back.

On the main board, the small and medium-sized boards and GEM are completely abandoned.

Of course, this is something that everyone can’t even imagine.

During the Dragon Boat Festival holiday, a 2.35% plunge in the external market was able to crush the post-holiday market to this extent. After all, when the external market rose sharply, A-shares did not follow the rise, so why did it plummet?

When the time comes, A-shares must follow the decline?

"The Dragon Boat Festival has become the Dragon Boat Festival. It's so depressing."

Faced with such a tragic start to the market, among the retail investors who gathered in the discussion area of ​​the stock trading platform, stock investment forum, and stock investment community, there were stock-holding investors who were suffocated and could not help but sigh:

"Is this trend worthy of those of us who stick to the market and hold stocks to celebrate the holidays?"

"Hey, stop talking, I'm heartbroken. I thought the market would give me a red envelope for the Dragon Boat Festival, but I didn't expect... I was hit with a sap."

"Follow the decline rather than the rise, this is the characteristic of Big A."

"I won't say anything if I follow the decline. The key is to open lower and break through 2200 points. This is really too much. It's a killing. It's really merciless."

"How can the stock market be humane? The financial trading market is the most cruel market."

"Indeed, before trading officially started, I set a lower limit. It was over before it even started."

"Hey, the position is too heavy and I really can't afford to lose money. Now I can only hope for a miracle. I hope the Shanghai Stock Exchange Index can truly bottom out at 2200 points."

"The key point is that after the IPO is released tomorrow, the first batch of new shares will be officially listed."

At 9:59, the Shanghai Stock Index broke through 2,200 points, regaining this important support level after extreme fluctuations at the beginning of the session.

"I also think that at this time, the risk of an attack is no longer great."

"Yes, I think this is the reason why the market is suddenly so weak after the holidays, because at a glance, it is expected that everything will be negative in the short term!"

"Today's golden needle in early trading should be the lowest point of this round of Shanghai stock index adjustment."

"Isn't this a golden needle probing the bottom? It's definitely a golden needle probing the bottom. I feel that after this wave, the market has definitely found the bottom."

Faced with such market trends...

"This opening is really shocking!"

"The index continued to shrink last week, with small yin and small yang, which does mean it has bottomed out."

"Looking at the top 20 popular concept stocks that have attracted market attention, all the stocks that had a natural change of hands before the holidays have been discontinued today."

"Looking at the market, funds have begun to flow into a number of concept stocks in the direction of the small and medium-sized board and the GEM."

At 9:35, the number of stocks in the 'ST sector' fell to its limit, reaching 10, and the trend of falling to the limit became more and more intense.

But it has gradually stabilized, constantly absorbing information from 'infrastructure', 'state-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet', 'smartphone industry chain', 'venture capital', 'reorganization backdoor'

', 'ST sector' funds fleeing from a number of main line concepts, as well as various safe haven funds retreating from other main line areas.

Some people sighed with excitement, and at the same time, they also had higher expectations for the next trend of the Shanghai Stock Index.

"In terms of 'infrastructure', this year's macro policies and even government-guided investment in large projects are in a state of expansion. That is... the scope of this line is too large, the market sentiment is sluggish, and there is not so much money to pull it, unless'

Mr. Su of the Yuhang Department can stand up clearly and take over the market on a large scale here. Just like in early April, he will use his own power and market influence to drive the market and form continuous speculation expectations. In this way, the market will be at 2200 points.

The bottom line has been reached, and there may still be a glimmer of hope.”

"Hey, the position is indeed broken."

With the main concepts of 'infrastructure', 'state-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet', 'smartphone industry chain', 'venture capital', 'reorganization backdoor' and 'ST sector'

The rapid rebound of sectors, such as 'consumption', 'pharmaceutical', 'financial' and other defensive main sectors that were once popular among funds at the beginning of the session, have lost their sustainability and the trend has fallen back.

At 9:39, after local extreme panic selling was released, both cities ushered in a rebound trend.

"Holy shit, shit... I just said it was a trend of breaking and then rising, right? Haha... Those who bought the bottom at the opening today are really making a lot of money at this moment."

At 9:36, the Shanghai Stock Index broke through 2180 points and continued to expand its decline. The direction of capital flows in the two cities also further shifted from 'infrastructure', 'state-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet',

Main lines such as 'smartphone industry chain', 'venture capital', 'restructuring backdoor', and 'ST sector' are flowing out of the concept, and at the same time flowing into defensive main lines with higher liquidity such as 'consumption', 'pharmaceuticals', and 'finance'

plate.

"I don't know, but the golden needle has finished bottoming out. It should be safe to pursue at this time, right?"

"Sure enough, when the market is extremely panicked, it is when it bottoms out. As the saying goes, if others are fearful, then they should be greedy, and if others are greedy, then they should be fearful."

"Indeed, the first batch of new stocks to be listed will inevitably suck blood from the market."

At 9:31, only one minute after the market opened, the Shanghai Stock Index quickly broke through the 2190 mark, extending the market decline to more than 1.2%. At the same time, the time-sharing volume of the two cities was able to expand rapidly,'Infrastructure','

State-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet', 'smartphone industry chain', 'venture capital', 'reorganization backdoor', 'ST sector', etc. performed well in the collective bidding stage of the two cities.

The relatively weak main line concept saw its decline rapidly expand, and many of its related popular concept stocks also suffered extremely heavy selling blows in an instant, and the stock price trend plummeted.

At 9:47, the Shanghai Stock Index returned to the 2190 point mark, further narrowing the decline, and the influx of short-term bottom-hunting funds also further increased.

"It feels like it's almost there. 2,200 points should be the bottom."

At 9:50, the Shanghai Stock Index regained 2195 points, almost back to the opening position.

At 9:33, the number of stocks in the two cities reached 30. Among them, "Shanghai Sanmao, Beijiang Communications Construction, Beixin Road and Bridge" and other popular stocks that were overly speculated in the early stage have dropped to the limit one after another.

"Yes, but this hope is quite slim. After all, Mr. Su is on the line of 'infrastructure'. It is estimated that he has completely withdrawn from the market and stopped taking profits. There is no reason to come in again to pull this main line that is extremely locked up.

, opening up the space for speculation, thereby liberating investors who were on guard in the early stages.”

The majority of investors in the market were dumbfounded, excited and shocked at the same time.

"Take it back? It will happen in my dreams!"

"I originally thought that the line of 'growth stocks' in the direction of the Small and Medium Enterprise Board and the GEM would once again take the lead in the market and lead the market out of the bottom, but now it seems... there is no chance."

"I just feel that the attack path of bargain-hunting funds is somewhat scattered and not very concentrated, and hot money... seems to be still hesitant."

"Looking at the two lines of 'infrastructure' and 'state-owned enterprise reform' now, the adjustment should be over, right?"

"I just said that a number of stocks in the main areas of 'consumer', 'pharmaceutical' and 'financial' are definitely not sustainable, and that's true."

At 9:37, defensive main sectors such as 'Consumption', 'Pharmaceutical', and 'Finance' began to buck the trend and strengthen as the market's risk aversion sentiment increased rapidly.

"Mr. Su's 'road to wealth'?"

At 9:32, the decline of the Shenzhen Stock Exchange Index and the ChiNext Index both expanded to more than 1.5%, and the decline of the small and medium-sized board index expanded to about 2%. The entire market, medium and small-cap concept stocks, encountered an avalanche, and market liquidity began to further decline.

Large-cap stocks are concentrated in the direction of the main board.

"That's true, hey...it seems we can only stop the loss."

"I have deduced it countless times before, thinking about how the market should go when it is at 2200 points. I never expected... I just opened low and killed it."

"The small and medium-sized boards have led the market down, so there is definitely no chance."

"Exciting, really exciting."

"Sure enough, the stocks with the highest elasticity are the stocks in the direction of the small and medium-sized boards in the market. Looking at this, the most dynamic and explosive stocks in the market should be the 'growth stocks' field in the direction of the small and medium-sized boards and the GEM."

"Preliminary estimates indicate that the Shanghai Stock Index's 2% decline will definitely be unstoppable."

"Let's turn red, Shanghai Index! This is definitely the bottom, there will be no more surprises."

"Looking at the market, the main funds on the market have also completely escaped."

"I also cut off Changqu Technology and chased Ping An Bank. Alas... this is really the most rubbish operation today."

"I just said that the Shanghai Composite Index is not that easy to fall below 2,200 points, and it is true."

"If 2,200 points cannot be sustained, the Shanghai Stock Index will inevitably return to the early large box. There is no doubt about it."

After five minutes of short-lived emotional brewing, the market's panic selling sentiment became more extreme.

"I feel like there is still a glimmer of hope, right? Judging from the entire collective bidding process, the two core themes of 'infrastructure' and 'state-owned enterprise reform' are really a bit disappointing."

At 9:43, the Shanghai Stock Index regained the 2185-point mark, narrowing the decline to less than 1.5%.

There are several main lines of defense focusing on ‘consumption’, ‘medicine’ and ‘finance’.

At 9:34, the Shanghai Stock Index reached 2180 points, and the decline also expanded to more than 1.5%.

"If the Shanghai Stock Index cannot quickly make up for the gap after the official opening, then it will definitely be a plunge today."

"It goes without saying that all the hot money tycoons are retreating."

"Whether 2,200 points has a real supporting effect depends on the overall market performance and whether there are sustained core hot prices to drive the overall market situation. And it is obvious that through the entire call auction trend this morning,

Look, the market has no signs of development in this regard at all, so it is really difficult to hold on to the 2200 point position, very difficult."

"Indeed, looking at the major hot spots in the entire market, we can't see any mainline market trends that are sustainable and have the logic of continuous speculation!"

"Where is the 2200-point support that was promised? Why is it suddenly vulnerable?"

"At a glance, I saw that the entire market was full of hold-up orders."

"It is said that staying in stocks is like being a widow. If you don't persist until the end, how can you see the dawn?"

"Hey, I felt bad about the trend before the holiday last week. Unfortunately, I was too greedy. I always thought that the index was at 2200 points and there should be a strong rebound. I didn't expect... I would directly kill after the holiday.

Ah, open low and kill through the support, not even giving you a chance to escape."

"The two main lines of 'infrastructure' and 'state-owned enterprise reform' are still outstanding. The rebound is so fast."

"If 2200 points actually fall below, then the only step is to look at 2000 points."

"Even if it falls completely, the hold-up above these two main lines has accumulated to a heavy enough level. It will be difficult to form an effective rebound, right?"

"Next, in which direction will the market break through, and which main line will lead the market? The two main lines of 'infrastructure' and 'state-owned enterprise reform', or the two main lines of 'mobile Internet' and 'smartphone industry chain'

Main plot?”

"It's definitely safe. The Shanghai Stock Exchange Index turned red today, and even several major indexes rebounded and rose in a deep V. There is absolutely no problem."

"This sharp lower opening completely destroyed the bottom pattern that emerged just last week."

At 9:45, the decline of the ChiNext Index and the Shenzhen Stock Exchange Index also shrunk to about 1.65%. A number of small and medium-cap mainline concept stocks that suffered extreme losses due to panic selling in the two cities have slightly recovered their market liquidity.

"Haha, who would have thought that this trend would happen beforehand? It fell unexpectedly in the early trading, and now... it has rebounded unexpectedly."

"That's not true. The Shanghai Stock Index fell from 2,500 points, and it was really a wave of bargain-hunting funds."

"Hey, accept the reality, there is really no hope."

“Hey, it’s not like this year, the Shanghai Stock Exchange Index will fluctuate in this big box between 2000 and 2200 points, right? Damn... This big box is really stubborn, and it has trapped the index for almost 2 years. These two days

No matter how much the index jumps during the year, it will always return to this big box after the final rebound."

"This morning trading lasted almost an hour, and the trend was really explosive!"

"Haha, the support of 2200 points for the Shanghai Stock Index is still relatively solid. Now you should be able to add positions at this position with confidence, right?"

At 9:38, the Shanghai Stock Index rebounded briefly after hitting its lowest point of 2178.97.

Of course, at a time when these mainline concepts have plummeted and been further abandoned by the main funds of all parties in the market and the vast number of retail investors holding positions.

"Forget about the direction of the main line's breakthrough, let's wait until the Shanghai stock index turns red!"

"I feel that the line of 'growth stocks' in the direction of the small and medium-sized board and the GEM board should be the main line of the market's next trend and make a rapid breakthrough, right?"

"Wash the market. This sharp drop in early trading is definitely caused by the large funds in the market washing the market. Fortunately, it has been able to hold on and has not been washed out. Now... the darkness should be over and dawn has arrived, right?"

"Hey, I died at the last moment before dawn. I cut off Gemdale Group and chased Luzhou Laojiao. Now Gemdale Group has rebounded from the bottom for almost 4 points, but Luzhou Laojiao did not rise but fell. Damn it.

... I’m so angry that I’m about to burst. The key is that I can’t sell it at this moment, and it’s impossible to adjust my position.”

At 10:02, the Shanghai Stock Index continued to rebound upward, with the momentum of completely covering the gap and turning from falling to rising. At the same time, it suffered an extreme sell-off at the beginning of the market, quickly releasing a huge wave of panic selling of the 'infrastructure'

, 'State-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet', 'smartphone industry chain', 'venture capital', 'restructuring backdoor', 'ST sector', various main concept sectors have also begun to rapidly

After regaining lost ground, they quickly rebounded to above the opening position. The strength and weakness showed signs of reversal.

"Today, at the beginning of the market, we will cut chips in the main areas of 'infrastructure', 'state-owned enterprise reform', 'military industry', 'Internet finance', 'mobile Internet', and 'smartphone industry chain', and pursue 'consumption',"

Investors in the pharmaceutical and financial fields should have regretted it now, right?"

"Today's move jumped short and opened low, which directly caused the entire market to completely break, right? The follow-up is really not optimistic, it is too tragic."

"If the Shanghai Stock Exchange Index bottoms out at 2,200 points and reverses, this can only be said to be a miracle."

"All the gaps in the short jump have been covered. Looking at this situation, there should be no suspense about the stock index turning red, right?"

"In fact, the internal expectations for these two core main lines should still be there, right?"

"It's hopeless. With such a lower-than-expected opening, the panic selling on the market will only become more intense after the market officially trades."

Amidst the heated discussions among many retail investors, the 5-minute brief suspension time passed by in a flash, and the two cities ushered in the official continuous bidding trading period.

"As I said before, without sustained money-making effects, the market cannot have a future. Given the current situation, what should we speculate on? Consumption, medicine, finance? Or two barrels of oil!"

At 9:40, the Shanghai Stock Index returned to the 2180 point mark and further impacted towards the 2185 point. At the same time... After the extreme panic selling, in a short period of time, the pressure on the market suddenly eased, and short-term copycats saw opportunities both inside and outside the market.

Chassis, speculation began to enter the market one after another.

"This trend of breaking and then rising has basically confirmed the effectiveness of the 2200-point support level, right?"

"Awesome, I really have to accept this deep V move in the early trading."

"Damn it, why did I forget to buy the bottom?"

"I'm convinced. The main force is washing the dishes with one hand. I'm really convinced."

"It's so false, it's all lies."

"It doesn't matter. It's less than 0.4% points, and the Shanghai Stock Exchange Index will turn red. As long as it turns red and completely reverses the intraday decline, the market sentiment and confidence will be completely reversed. When the time comes, the funds to follow up will definitely be

There will be more and more, and there is a high probability that the Shanghai Stock Exchange Index will continue to rebound."

"This form is almost a collapse trend. At this time, it is really unrealistic to have the idea that the market will violently rebound or even reverse."

"That's a big loss. Changqu Technology has rebounded by nearly 5 points and has already turned red."

"But fortunately, the low opening position is not far from the 2200 point mark. This position cannot be said to have actually fallen below the support level, right? Maybe it can be recovered after the market opens, and if it opens, the index can quickly recover 2200 points.

If it reaches the pass, it will be a trend that cannot be broken or established.”

At 10:10, the Shanghai Stock Index rebounded quickly and continued to set a new intraday high of 2212.43 points. At the same time, the intraday decline was reduced to less than 0.5%.

"The external market has plummeted, and the subsequent trend of the external market has become uncertain again. Coupled with the listing of new stocks, how can the market rise?"

At 9:55, the Shanghai Stock Exchange Index broke through 2197 points, continuing the intraday rebound trend and setting a new intraday high. At the same time, the daily K-line chart changed from green to red, and began to cover the low gap upward. Of course...

It also left an obvious 'golden needle to find the bottom' trend.

"That's for sure, otherwise the index wouldn't have recovered so quickly."

"Buy the bottom! This time is definitely the best time to buy the bottom."

The majority of investors in the market were surprised and shocked. At the same time, they all realized that the market was likely to bottom out here and would soon usher in a violent rebound, and they all took action to buy the bottom.

As the time approached 10:33, the Shanghai stock index was only 0.26% away from turning red.

However, just when everyone thought that there was no suspense about the Shanghai stock index turning red, today was definitely the day of bottoming out and a miraculous deep V rebound.

At 10:35, after refreshing the intraday high of 2215.47 points, the Shanghai Stock Exchange Index suddenly turned sharply downward again.

(End of chapter)