The investment era of rebirth

Chapter 566 The journey of the bull market (11)!

Author: vaguely first meeting

Chapter 566 The journey of the bull market (11)!

Liu Changling said: "Now that the market trend has formed, the only correct way for us is to follow the trend. As for chasing highs... At this time, the Shanghai Stock Index broke through the 2300-point mark not long ago, and it rose to the 2500-point range. There was basically no substance.

pressure."

"The two main lines of 'infrastructure' and 'military industry' have regained momentum."

"Essentially, it has just begun to emerge from an upward trend."

"At this time, the market expectations for these two main lines are turning from the previous divergence stage to fully consistent. And due to the weakness of the main line of 'technological growth', the active financial groups in the entire market will only become more and more towards the 'military industry'

', the two main lines of 'infrastructure' are concentrated."

"Taking it all together, it is at this time that we follow the main line of 'military industry' and 'infrastructure' and adjust the wrong trading strategy before. It is not chasing highs, but returning to the correct investment path. And... this

At that time, the investment opportunities in the two main lines of 'infrastructure' and 'military industry' have actually just turned to the right."

"At this time, if we don't adjust our trading strategy..."

"If we want to refocus the fund's main positions on the two core lines of 'infrastructure' and 'military industry' in the future, I'm afraid we will really have to keep chasing highs to raise funds."

"After all, no matter what aspect you analyze it from."

"In the market, the two main lines of 'infrastructure' and 'military industry' continue to absorb funds. Whether it is future expectations or the overall market trend, it is obvious that in the foreseeable period of time, it will become more and more popular."

Strong."

"But look at the line of 'technological growth'."

"After countless funds were buried, the chip structure became chaotic again. Coupled with the direct negative blow from 'LeTV', everyone fell into a stage of obvious doubts and doubts about the investment logic of the 'tech growth' line.

The two main lines of 'infrastructure' and 'military industry' continue to have a siphoning effect on the market's active capital groups, which shows that as expected, the line of 'technological growth' will only become weaker and weaker."

"Only by being more decisive at this time can we avoid further losses in the net value of the fund account."

"Only in this way can it be possible to reverse the mistakes we have made in our trading strategy in recent times as soon as possible!"

After listening to Liu Changling's analysis, Shao Xiaoyun thought about it carefully for a while, and finally gritted his teeth and said: "Okay, just as you said, we will quickly adjust the trading strategy. We will use the best chips for the entire 'Technology Growth' main line.

Reduce positions as quickly as possible, regardless of cost, and the market price will fall. In the shortest possible time, reduce as much as you can, and never hold back."

"At the same time, the funds used to reduce positions and withdraw funds are also quickly purchased at market prices regardless of cost, core component stocks with good expectations in the 'infrastructure' and 'military industry' fields, trying to correct our previous wrong trading strategies as quickly as possible, and restore the situation in the past two days.

The trend pattern of a sharp retracement of the fund’s net value.”

"Okay!" Liu Changling responded.

Then, he quickly issued corresponding trading orders to other traders in the trading room who had been waiting for a long time.

"Changling..." When Liu Changling quickly issued trading orders and planned to correct his previous trading strategy, Shao Xiaoyun thought for a moment and then asked, "Do you think...at this time, we are in the two sectors of 'infrastructure' and 'military industry'?"

When the main line turns around and increases positions again, which stocks should be better chosen as core positions? Fushun Special Steel, Chengfei Technology, Tianshan Cement, Shanghai Construction Engineering... What do you think of these?"

Liu Changling thought for a while and responded: "Manager Shao, I think many of these popular concept stocks are already at their emotional peak, and many stocks have reached their daily limit today. It is not easy for us to intervene. We might as well intervene based on liquidity first.

What do you think of core-weighted large-cap stocks that are better, have stronger expectations, and have equally good sentiment?"

"What about?" Liu Changling did not answer directly, but continued to ask.

Liu Changling responded: "According to my observation, the two main lines of 'infrastructure' and 'military industry' have relatively hot expectations and sentiments, and the market liquidity is large, capital participation is high, and the net inflow of main funds is also large.

Among the core large-cap stocks, the trend patterns of the checks of 'Huaguo MCC, Huaguo Railway Construction, Huaguo Communications Construction, Huaguo Construction, China Aviation Optoelectronics, and Aviation Power' are the best. At the same time, compare the core stocks that Manager Shao just mentioned

The valuations and stock price positions of popular concept stocks are also relatively lower, and the risk of short-term corrections is also lower."

"Okay!" Shao Xiaoyun's thoughts were basically the same as Liu Changling's. He also felt that chasing popular concept stocks with high sentiments at this time would easily hit short-term highs. Relatively speaking, weighted large-cap stocks with better liquidity would

, the stock price trend will be more stable and more suitable for their position adjustment strategy at the moment. He couldn't help but nodded and said, "Then let's quickly adjust positions according to the strategy and target stocks you mentioned!"

Liu Changling nodded, and then continued to instruct traders to adjust positions according to this strategy.

And when they made up their minds to completely sell off their main line chips of 'technological growth', they pursued high-level core weight stocks with ample liquidity in the 'infrastructure' and 'military industry' fields.

There's another trading room right next door to them.

Liu Guanhai, who was in charge of the 'Yinghui No. 1' fund product, once again missed the market rhythm and had a heavy position buried. He gritted his teeth and made the same trading strategy as Shao Xiaoyun and others, which was to cut down positions again.

Wrong-paced funds have heavily invested in stocks, chasing the two main hot spots of 'infrastructure' and 'military industry'.

Similarly, in the current market, there are countless investment institutions, as well as large, medium and small investors of all types.

The main lines of 'Infrastructure' and 'Military Industry' have formed an obvious continuous upward trend. After the market has completely exceeded 2300 points, when trading opportunities have formed on the right side, more and more people are biased towards the main boards of 'Infrastructure' and 'Military Industry'.

'Field layout and pursuit of chips at a high level.

Even large domestic first-class investment institutions such as E Fund, Huarui Public Equity Fund, and the Proprietary Investment Strategy Department of Huaxin Securities, which were previously firm allies of the 'Pingyin Asset Management' institution, have all begun to switch sides at this moment and start cutting off large-scale cuts.

positions, and actively sell chips in the main line of 'technological growth', and at the same time pursue chips in the main line fields of 'infrastructure' and 'military industry' to seize core high-quality stock chips.

Of course, there are also institutions that still stick to their original views and have not cut their positions on the main line of 'technological growth'.

For example, within Yuhang and Jingda Investment Company, in the main fund trading room, fund manager Lin Tingzong was thinking about it. After weighing for a long time, he still planned to stick to the bargaining chips previously deployed in the main line of 'technological growth', and did not follow everyone in panic selling.

"Old Lin, the emotional response to the two main lines of the market, 'infrastructure' and 'military industry,' is really getting hotter and hotter." Standing behind Lin Tingzong, Gu Chijiang frowned at the changes in the market prices and said with some trepidation, "You said

Will the 'Technology Growth' line, after today's large-scale clearing of panic selling, usher in a favorable rebound, allowing us to find a relatively suitable selling point? I'm... a little unsure!"

Lin Tingzong's eyes were firm and he said: "The market sentiment response is like an ebb and flow. Although the current market sentiment and expected hot spots are no longer on the line of 'technological growth', everyone is crowded on the 'infrastructure' and 'military industry' lines."

There are two main lines, but no matter how the market goes on one main line, the emotional side cannot always remain at the peak. This is unrealistic and not in line with the laws of the market."

"It is true that the future expectations of the two main lines of 'infrastructure' and 'military industry' have become stronger, deeper, and broader as emotions have fermented after the market broke out."

"But no matter how strong or broad the expectations are, it is impossible to finish the market in one breath."

"This is just like a big bull stock that the market expects to be positive. Its trend cannot be smooth. The trend will lead to peak manager sentiment and underestimation."

"This phenomenon is the same when it comes to the trend development of the main market."

"What's more, the entire 'big infrastructure' and 'military industry' main lines involve market industry sectors and so many concept sectors. The number of concept stocks involved is hundreds of stocks, and the market value involved is trillions. It's so big.

According to the main line expectation, the trend cannot be consistent, nor can it continue to advance rapidly."

"So, we don't need to chase him at this time."

"When a major market trend develops, there cannot be only one buying point."

"Similarly, in the weak main line where expectations are gradually lowered and funds are fully fleeing, the market trend will not even rebound and just fall all the way down."

"I recognized the market style and the main trend, and the switch was smooth."

"We also admit that we were careless in the past two days and failed to grasp the first buying and selling point, make appropriate position adjustments and switch, and change the trading strategy."

"But at this time, we can no longer be led away by market sentiment."

"You have to think calmly."

"The 'Technology Growth' line has collapsed today, and many core concept stocks have reached their daily limit. In other words, in the market at this moment, the funds that are not optimistic about the market trend of this line are all on a large scale.

If we follow the trend and sell at this time, first of all, there is no good price, and secondly, when we reach this situation, it doesn't make much sense to take the initiative to sell if the price falls."

"At this time, near the intraday sentiment high, it is even more undesirable to pursue core hot stocks in the 'infrastructure' and 'military industry' fields."

"After all, faced with such a large market value of the two main lines, there are so many concept stocks."

"Given the current lack of sufficient liquidity in the market and the incremental funds that have not yet fully caught up, once these two main lines cross the emotional high point, the stock price will inevitably fall back due to the lack of capacity to accept funds."

"in a sense……"

"Yesterday's comprehensive surge in the main areas of 'infrastructure' and 'military industry', as well as the independent strengthening and skyrocketing trend of many core concept hot stocks in these two main areas for many consecutive days, have accumulated too much in the short-term investment time line.

The profit margin must be digested."

"So, I concluded that when the market trading hours enter the afternoon."

"The market prices in the two main areas of 'infrastructure' and 'military industry' are very likely to briefly dive back and maintain a volatile trend, and will not be able to break through as strongly as yesterday."

"And when the main areas of 'infrastructure' and 'military industry' dive and call back."

"Then, under the current seesaw effect of the market, many funds that have been withdrawn from the fields of 'infrastructure' and 'military industry' will definitely follow the logical inertia of the market's 'seesaw effect' and intervene in the field of 'technological growth'

, conducting bargain hunting operations.”

"And our real exit point, as well as the point where we adjust positions and change our trading strategy."

"I think it is when the two main lines of 'infrastructure' and 'military industry' have passed the short-term peak of market sentiment and cleared short-term profit taking."

"That should be the second more suitable buying and selling point for the market."

"If we had made a strategy switch at that time, the relative losses and the impact on the net value of our fund would have been smaller than now."

Having said this, Lin Tingzong still maintained a sharp gaze in his eyes.

And have full confidence in your own judgment.

In fact, in the face of the inherently uncertain trading market, in actual trading operations, no matter how powerful a trader is, it is impossible not to make mistakes.

Therefore, you really want to survive in this murderous financial trading market for a long time.

The most important thing is not to prevent yourself from making mistakes, but to be able to look at the market calmly and objectively after making mistakes, and quickly formulate appropriate remedial measures, adjust trading strategies, and make your trading operations and corresponding strategies the best.

It is always changing around the market trends.

After listening to Lin Tingzong's analysis of the market at this time and his thoughts on the change of fund positions, Gu Chijiang was silent for a while and carefully considered what the other party had just said. After a long time, he gritted his teeth and nodded, saying: "Since you

If we firmly believe that the market will change like this next, then we...just continue to wait!"

As the saying goes, don't trust people when you employ them, and don't use people when you are suspicious.

Judging from his performance since he appointed Lin Tingzong as the company's main fund manager, the other party's thoughts and opinions on market conditions and disks are indeed much more original than his, although...at this moment, his inner thoughts always felt that Lin Tingzong

His view was a bit too optimistic, but thinking that since the other party was so confident and the logic of the analysis was consistent, and in line with the development laws of the financial trading market, I suppressed my rebuttal.

Under the different strategic choices of major asset management managers of various institutions and core traders...

Unconsciously, the market trading time has reached 11 am.

I can see that the main money-making effects of the two markets are still centered on the two main lines of "infrastructure" and "military industry". Moreover, the growth gap between the Shanghai Stock Exchange Index and the ChiNext Index has remained at around 2%. Among them, the Shanghai Stock Exchange Index has already

Successfully standing at 2390 points, we are really one step away from the 2400 point mark.

(End of chapter)