The investment era of rebirth

"It's over. Alas, I never expected that Mr. Su would reduce his position today."

At a time when investment sentiment on the entire Internet has turned sharply, and almost everyone is extremely disappointed with today's market trends, a group of retail investors gathered in the stock discussion area of ​​the trading platform and the stock investment forum have become restless, especially

The retail investors who participated in the large-scale increase of positions today are even more pessimistic about tomorrow's market trend, and they all sigh with emotion.

"Mr. Su has begun to reduce his positions significantly, which shows that in the short term, it will be difficult for the Shanghai Stock Exchange Index to move upward."

"Didn't Mr. Su firmly be bullish before and say this was a bull market? Why did you sell so many chips today?"

"It should be a private equity fund product. There is a mandatory requirement for net value settlement at the end of the year, right? However, reducing positions does not mean liquidating positions. The 'Yuhang Series' fund products managed by Mr. Su, and the 'An' Fund Products that are closely related to the 'Yuhang Series' fund products

The current total asset management scale of Zhao Series' fund products is at least RMB 200 billion. Even though Mr. Su has reduced his position today, the main positions should still be there."

"In short, no matter how you analyze it, drastic adjustments in the market in the short term are unavoidable."

"Oh, I was cut as soon as I entered the venue. It was so miserable."

"Let's look at 3,500 points first. Only below the Shanghai Stock Exchange Index, at 3,500 points, will we have strong support."

"A lot of funds must have been cut off today, right? The transaction volume between the two cities is more than 1.1 trillion. Alas... I never expected that Mr. Su would be the one to smash the market today."

“If Mr. Su’s ‘Yuhang Department’ is not destroyed, the main funds of other large institutions will also be destroyed.”

"In the final analysis, it's still the market trend, which should have been adjusted. Hell...the central bank's interest rate cuts and reserve requirement ratio cuts are good, and they are used to ship goods to big funds!"

"The main thing is that the central bank will cut interest rates and the benefits of the RRR cut. We have already fully anticipated them, right?"

"Every good thing comes with bad news. Old investors will not deceive me."

"Are we going to cut off the meat tomorrow? Mr. Su's 'Yu Hang Group' has reduced its positions on a large scale in the direction of the main line of finance and the main line of infrastructure. It stands to reason... I am afraid that these two main lines will be difficult to see market trends in the short term.

Bar?"

"That's for sure. Mr. Su's reduction in positions, regardless of the amount of chips and capital scale, has completely changed the market's short- and medium-term expectations for the two main lines of 'big finance' and 'big infrastructure'. You guys

Think about it... Mr. Su's "Yuhang Series" and "Anzhao Series" positions are basically open to the public. Now that Mr. Su has begun to lighten up his positions, there are at least 200 billion in chips. Such a volume of funds to be sold.

At present, even the main funds that were relatively optimistic about 'big finance' and 'big infrastructure' before, at this moment, they dare not enter the market on a large scale to undertake it."

"With more than 200 billion in chips, generally not many institutions can handle it, right?"

"Since we can't handle it and are afraid that Mr. Su will continue to smash the market, then... everyone will subconsciously avoid the two core themes of 'big finance' and 'big infrastructure' when doing business."

"It can be foreseen that panic selling will inevitably occur in the core main lines of 'big finance', 'big infrastructure' and 'military industry' tomorrow."

"Preliminary estimates suggest that the Shanghai Stock Exchange Index will start to fall by 2 points tomorrow!"

"Then it seems that we really need to cut off the flesh decisively."

"Mr. Su's extreme selling operation is clearly telling everyone that the Shanghai Stock Index will definitely not be able to go up at this position for the time being. It is clearly telling everyone to reduce their positions and take profits, or to find ways to avoid the next drastic adjustment in the market. So

It’s an obvious reminder, if you don’t know how to do it yet, you shouldn’t do it.”

"I can only say that investors who can continue to rush in and take long positions when Mr. Su is reducing his positions and publicly warning about market risks are definitely warriors."

"It's not surprising that people are still bullish at this time. After all, there are too many novice investors who have poured in in the past six months."

"Fortunately, I saw that the market trend was not correct today, so I sold half of my chips. Otherwise, I would have cried to death when I saw the closing scenes of the two markets today and the data on the Dragon and Tiger List."

"Mr. Su said to sell, then we must sell. The market will open tomorrow and we will clear the position without any thought."

"There is no need to clear all positions. In fact, the basic logic of the bull market is still there. At this time, we can timely avoid the risk of market adjustment and reduce positions appropriately."

"Just avoid the two main lines of 'big finance' and 'big infrastructure'. Today, in fact, the trend of several core main lines such as 'big consumption', 'mobile Internet', and 'smartphone industry chain' is not bad, and there is nothing wrong with it."

fell, and the intraday main fund buying and selling situation of these major main lines still showed a net inflow trend."

"That's right, ugh... never mind it, as long as the underlying logic of the bull market doesn't matter, I won't run away."

"Even if Mr. Su reduces his position, as long as the bull market is still there, he will come back, right?"

"We are optimistic about the subsequent market trends of the main lines of 'big consumption', 'mobile internet' and 'smartphone industry chain'."

"When a whale falls, everything comes alive. I think the adjustment of 'big finance' and 'big infrastructure' is not a bad thing."

"Let's see how the market goes next?"

"It will probably form a main line development situation of 'switching between high and low', right?"

"There is no doubt that funds will temporarily avoid the main lines of 'big finance' and 'big infrastructure'."

"The main thing is to see whether Mr. Su will continue to smash the market tomorrow."

"It shouldn't be possible, right? Sigh... Will the net value of the 'Yuhang Series' and 'Anzhao Series' fund products be announced? I feel that the net value trend and position level of Mr. Su's main fund products have not been updated for a long time.

"

"It should be announced soon, right? It's already December."

"I had already prepared funds and planned to pursue the position and intervene, but okay, okay... I held back today."

"Let's see again. If the Shanghai Stock Index adjusts to 3,500 points and does not break, then you can continue to buy."

With the continuous fermentation of data and information on the Dragon and Tiger Lists of the two cities, as well as various in-depth analyzes and discussions on the news of the large-scale reduction of positions of the ‘Yuhang Department’.

This chapter is not over, please click on the next page to continue reading! As time goes by...

All investors on the Internet are relatively pessimistic about tomorrow, or the recent short-term market trends.

However, in terms of the mid- to long-term market trend, we are still optimistic.

Regardless of whether it is an institutional group, a group of large hot money investors, or a group of retail investors, they all still unanimously believe that the bull market pattern of the market is still there, and the underlying logic of the bull market is still there. They believe that even if the next market adjustment is, it should be a benign adjustment, and most of them

Investors believe that the Shanghai Stock Index will not fall below 3,500 points during the adjustment.

As it happens, the external market trend in the evening is still opening higher and moving higher.

This provides some psychological comfort to the battered and somewhat depressed domestic investment sentiment, and also gives a glimmer of hope to the capital groups who have been pursuing large-scale investments during the day to safely reduce their positions and exit tomorrow.

However, this comfort from the external market did not bring about a substantial emotional change in the market.

The next day, Tuesday, December 9th.

The entire market opened sharply higher and moved lower yesterday, and under the influence of the large-scale reduction of positions by the two main forces of the "Yuhang Series" and "Anzhao Series", it opened sharply lower.

Among them, the Shanghai Stock Exchange Index opened lower at 1.37% and broke through 3750 points immediately after opening.

As for the Shenzhen Stock Exchange Index and ChiNext Index, the decline at the opening was smaller than that of the Shanghai Stock Exchange Index, and they both opened lower at a 1% decline.

As for the A50 index, which is strongly related to the main trend of "big finance" and "big infrastructure".

It opened sharply lower to 1.67%, which is quite tragic.

In addition to the opening performances of several major indexes in the two cities...

A number of core themes of the two cities, major industry sectors, concept sectors, and the performance of popular stocks.

I saw that the main areas of 'Yuhang Group' and 'Anzhao Group', including 'big finance', 'big infrastructure', and 'military industry', as well as related industry sectors and concept sectors, were all in a state of sharply lower openings. Among them,

, the securities sector opened lower by 3%, the two major weighted sectors of banking and insurance opened lower by about 1.5%, construction decoration, building materials, commercial real estate development, public transportation... etc. are the main core core of 'big infrastructure'

The industry sectors opened lower and were weaker than the performance of the Shanghai Index. As for the 'National Defense and Military Industry' industry sector, it opened significantly lower at 3.43%, leading the decline in the two cities. It was a complete panic attack.

falling state.

In terms of concept sectors, the ‘Internet Finance’ sector leads the way.

With a decline of 3.22%, the concept-themed sectors of both cities led the decline, and the corresponding "military industry"-themed concept sectors also opened lower at around 3%.

As for popular stocks...

‘Huaxin Securities’, which hit a turnover of more than 30 billion yesterday, opened as low as 2.33%.

Several stocks that were sold off on a large scale by the funds of the 'Yu Hang Group', such as 'Western Securities, China MCC, Huagong International, China Railway Construction...', many stocks basically opened lower at a decline of more than 3.5%.

.

There are also the three swordsmen of "Flush, Great Wisdom, and Oriental Fortune", which also opened at a low range, reaching more than 3.5%.

As for 'Huake Shuguang' and 'Bluestone Heavy Equipment', two big monster stocks that have been speculated by various hot money players for more than a month, today they opened at a low of 8% and a drop of 8.22%.

At one o'clock, the market dropped to the limit and opened.

In 'big finance', 'big infrastructure', 'military industry', 'film and television media', and 'sub-new stocks', which were the core main line-related industry sectors, concept sectors, and popular heavyweight stocks that supported the continuous rise of the market in the early stage, adjustments were made across the board.

Under the situation of being sold off by major funds.

With several major market indexes opening sharply lower across the board.

As the growth rate in the early stage has lagged behind the market by a large margin, in the past month or so, few funds have paid attention to the 'big consumption', 'non-ferrous cycle', 'coal', 'petrochemical industry', 'mobile Internet', and 'smartphone industry chain'.

'Waiting for these relatively sluggish main lines, related industry sectors, concept sectors, and core stocks.

At this moment, uncharacteristically, it started to become stronger.

Among them, the industry sectors and concept sectors related to the three main lines of 'big consumption', 'mobile Internet' and 'smartphone industry chain', especially food and beverage, retail, white goods, Internet software, Internet applications, Apple concept, and semiconductor concept

...These industry sectors and concept sectors are still opening slightly in the red at this moment.

Faced with the obvious ‘high and low switching’ trend pattern of the market.

Faced with the sharply lower opening adjustment of the core main lines of the early period, the ‘big finance’, ‘big infrastructure’, ‘military industry’, ‘sub-new stocks’, and ‘film and television media’ sectors.

Most of the investors in the market sighed.

Only those institutions that began to notice that the market might "switch high and low" before the news of the central bank's interest rate cuts and reserve requirement ratio cuts came to light and made corresponding strategic adjustments, or in other words, large investors with positions, can still maintain relative smiles at this moment, as well as obvious

Optimism.

"Damn it, this opening pattern is really tragic."

Seeing the opening situation of the two cities, at 9:26, when the two cities entered the short suspension period before the official opening, inside the Magic City, Zexi Investment Company, in the main fund trading room, Zhou Kan's face was filled with confusion.

With a look of astonishment, he had to sigh: "'Yu Hang Group', the main force in the market, has a great influence on the market trend. The sales data of more than 2 billion on the Dragon and Tiger List was good last night.

Under such circumstances, the market directly dropped by 1.5 points, causing the main areas of 'big finance', 'big infrastructure', and 'military industry' that had previously been heavily invested in to show a comprehensive plummeting pattern of panic selling. It was really

…That’s outrageous!”

"The opening conditions of the two markets are not surprising." Hearing Zhou Kan's sigh, Xu Xiang, who was sitting next to him, smiled and said, "Look at the 'Yu Hang Concept Stocks' sector in the market.

, the lower opening range is even more terrifying, and the whole line has opened lower to more than 4 points.”

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Zhou Kan took a look and found that it was indeed the situation Xu Xiang said. He couldn't help but sigh again: "The investor group holding these stocks should feel that

Are you crazy? It’s really the ‘Yu Hang system’ that succeeds and the ‘Yu Hang system’ that fails.”

"It's not enough to go crazy." Xu Xiang said, "For now, with the support of the market's bull market underlying logic, the effect of panic selling is not serious. Of course... 'Big Finance', 'Big Infrastructure'

', 'Military Industry', these major main line fields, have such heavy profit margins. Now that the main funds have withdrawn and the tide has receded, short-term trampling should still be unavoidable."

"Yeah!" Zhou Kan nodded, and turned his attention to the main areas such as 'big consumption', 'mobile Internet', and 'smartphone industry chain' that performed well at the opening, and said, "Look at the opening of the market,

I feel that there is a lot of money for 'high-low switching', boss... Do you think that the three major sectors of 'big consumption', 'mobile Internet' and 'smartphone industry chain' also have certain logical expectations and are well adjusted, and the chip structure is also

It’s a very good core main line. Can you complete the market’s main line trend switching at this position and support the market trend?”

Although the market opened sharply lower, and there was a slight hint of panic selling on the market.

But from his inner judgment.

Zhou Kan still feels that since the underlying bull market logic of the market is still there, then the various funds in the market will not leave the market easily, and most of them will rotate the market. Maybe according to the idea of ​​'high-low switching', it can really

Relying on the core main lines of 'big consumption', 'mobile Internet' and 'smartphone industry chain', the market has been supported at this position, causing it to form a relatively strong sideways adjustment trend.

Xu Xiang thought for a while and responded: "What is the market value of the two core lines of 'big finance' and 'big infrastructure'? And the three core lines of 'big consumption', 'mobile Internet' and 'smartphone industry chain'

What is the main line, and what is the market value? It is unrealistic to rely on these three main lines to stabilize the market.

But...

At this stage, a lot of funds follow the idea of ​​'switching high and low'.

There is nothing logically wrong with making up for the growth of the three main lines of "big consumption", "mobile Internet" and "smartphone industry chain" and replacing the market.

It just might not end well.

For these major main lines that are relatively stagflationary and relatively promising, if they want to take off, they must wait for the two core main lines of "big infrastructure" and "big finance" to be adjusted in the short term. Otherwise, they will start from "big infrastructure".

The panic selling and the downward momentum in the two core main areas of big finance will quickly suppress the market's continued bullish sentiment, which will also lead to the "big consumption", "mobile Internet" and "smartphone industry chain".

The selling volume in the main line area can increase.

At this stage, the buying funds that dare to take the initiative will not be very active.

Since the number of selling orders has increased, and the buying funds actively accepted are not very active, how can we get out of the continuous profit-making effect and forcibly stabilize the trend of the market at this position?

Again, when the mud and sand fall, the first thing you think about... should be to escape temporarily. Wait until the mudslide is completely over before entering to pick up the bargains, instead of just thinking about running in and picking up those temporarily unsightly things when the mudslide just happens.

It was safe to go up there, and there were no chips washed away by the mudslide.

The ancients all knew that a gentleman would not stand behind a dangerous wall.

As investors and traders, we should first follow the trading rules. This is also the case.

Don't be afraid of not being able to buy high-quality chips. The market trend, even if it is a bull market, has its own market development and market development rules that must be followed.

Being too eager or too hesitant will not work.

For now, let’s not think about entering the market to increase positions and buy stocks to raise funds, let’s see how the market will go today?”

After saying that, Xu Xiang turned his attention back to the market of the two cities.

At this time, as the two people briefly talked, the time had reached 9:30, and the two cities ushered in the official continuous bidding trading time.

And at the moment when the two markets jumped again.

Due to the brewing of emotions in the short 5 minutes before the official opening, the volume of active selling on the market began to increase rapidly. Before many people could react, 'Big Finance', 'Big Infrastructure', 'Military Industry', and 'Second New Stocks'

','Film and Television Media'A number of industry sectors, concept sectors, and popular heavyweight stocks in the core main fields have rapidly plummeted in volume, and they have shown the trend of heavy volume plummets.