Chapter 117 The moment the index bottoms out

As Su Yu spoke, the time advanced to 9:20.

95% of the stocks in the two cities still remain open at low prices, and in his self-selected stock pool, there are more than ten stocks in Shanghai Steel Union, Fenda Technology, Huaqingbao, Wangsu Technology, LeTV, Flush, Oriental Fortune... There was no red market, and all opened lower than 3%. Among them, Hua Qingbao was the worst, opening lower by 5%, and selling orders completely suppressed buying orders. The stock price continued to move downwards as the call auction time went by.

"Would you like to place an order to buy?"

Li Meng asked anxiously when he saw the selling orders for various stocks surged out during the collective bidding stage and could not be stopped.

Su Yu stared at the market and replied: "Let your emotions vent. No need to interfere during the collective bidding stage. Our purpose is to gain chips, not to protect the stock price. Naturally, the lower the price, the better."

"Yeah!" Li Meng responded and added, "Depending on the situation, banks and securities will have to hold back today."

Su Yu chuckled and said: "In terms of banks and securities, the largest number of institutions have accumulated, and the money shortage crisis in the market has become more and more severe. It is precisely 'big finance' that has borne the brunt. The main funds of various institutions have sold off this sector. Don't be too normal, but ...Since the beginning of June, the decline of this sector has reached a terrifying 20%, and countless blood chips have been made. If we continue to panic, it is just the last drop."

"Unfortunately, this sector does not meet our criteria for establishing a position."

"If it is a large public fund, all the negatives will come out of this wave of money shortage crisis in the market. It will be an excellent opportunity to build positions for these core weight stocks of 'big finance' that have reached the absolute bottom."

"But according to the current market holding standards of many public funds."

“Even if the opportunities on the left side of the market are placed in front of them, they will remain indifferent because years of brutal bear market slaughter, the experience of buying bottoms again and again, and cutting their flesh again and again, have left them no longer motivated to buy bottoms on the left side, and they can only be passive. Run with a low position, and then wait until the market continues to trend and opportunities on the right come."

"Public offering should be done on the right side." Li Meng replied, "Once you make a mistake on the left side, you will have to cut off the stock continuously, and there is no closed period for public offering. Continuous cutting off will seriously affect the net worth, and the decline in the net worth will also affect the stock price. Investor confidence has caused investors to make successive redemptions, which in turn has led to a reduction in fund shares. They have continued to sell chips to cope with redemptions, and have been trapped in passive stop-losses endlessly.”

"Speaking of this..."

“I think the closed period of private equity funds is really relatively tolerant of fund managers’ error tolerance.”

“It is not easy to scale up, nor is it allowed to be publicized. It has a very high investment threshold and cannot allow the majority of retail investors to participate.”

"The graded investment system." Su Yu said, "This is also to protect investors."

After all, private equity institutions are mixed, and some unscrupulous private equity institutions are just trying to defraud money and management fees, or use private equity client funds to support their own funds, do hedging transactions, etc.

If ordinary retail investors were to participate in this, I am afraid that many people would be so cruel as to pull out the leeks.

During the brief exchange between the two, at 9:25, the call auction in the two cities ended. In the end, the Shanghai price was set at 1916.12 points, a decrease of 2.39%; the GEM price was set at 947.35 points, a decrease of 2.48%.

Concept sectors, as well as individual stocks.

In the concept sectors of the two cities, only the minor metals and gold sectors, which have strong hedging properties, were slightly red. The rest all opened lower. Among them, the concept of 'Internet finance', the concept of 'mobile games', finance, real estate, white goods, and liquor had the largest declines. Previously, the infrastructure, steel, and automobile sectors experienced smaller declines.

The performance of individual stocks showed huge gains in the early stage. The core popular concept stocks that had been speculated by hot money all opened sharply lower and underperformed the broader market index. Then, third-tier liquor stocks, local commercial bank stocks, and institutional positions were heavily held but liquidity was relatively lacking. The second-line white horse stocks have suffered huge declines, and the sell-off is extremely obvious.

Overall……

The entire market, regardless of institutions, hot money, or retail investors, is selling.

Market investment sentiment is even more sluggish than yesterday. Several major indexes opened sharply lower, directly wiping out the slight decline that was slightly recovered at the end of yesterday, led by core weights such as Liangbo Oil, Changdian, and Huaguo Construction. The market continued to hit new lows, with the Shanghai Stock Exchange Index hitting a new four-year low, completely extinguishing the remaining bullish hope in the market.

As for Su Yu's personal capital account holdings and the fund's initial position building chips.

At this moment, everything was in loss, and the floating net value of the fund was also below the initial net value of 1.

Faced with such opening results, Su Yu had no fluctuations in his heart and turned a blind eye to the floating losses in his account. However, in the chat group he joined and the comment area of ​​the online forum where he posted, the bullish mood that had recovered slightly before was now gone. It was a tragic collapse.

Within the retail investor group of classmates, everyone's doubts about him began to grow louder again.

In the main hot money group, the original vigorous voice of bargain hunting before the market suddenly stopped at this moment. What was left was only the anxiety and fear of the position holders.

In the group of fund investors, everyone saw that all the stocks Su Yu had opened a position in were all opening at low prices, and none of them had a red market. Many people could not help but express their nervousness.

In the comment area of ​​the post, the voices of ridicule and counterattack from the short-sellers are even more frequent at this moment.

Even in the comment area of ​​his post last night, several investors who clearly expressed their bullish views were pulled out by short investors with some good intentions and began to beat their bodies and slap them in the face.

Of course, all this is just the beginning.

When 9:30 arrives, the two cities begin formal bidding transactions.

When Hua Qingbao opened 5.2% lower, the explosive volume fell with the trend, and in less than 15 minutes, it hit the limit, becoming the first stock to hit the limit in the position concept of Su Yu Fortune Road and Fu Sheng Road seats, chatting In groups and online forums, the voices questioning him became even louder.

"It's going to jump right down and it will fall. It's going to break and then it's going to stand up. What's going to happen when it's going to bottom out?"

On the online forum, under Su Yu's post, the group of investors who complained surged again amid the continued decline in the market.

"Hey, let's look at 1,500 points. The poster's face should be swollen today. It is impossible to reverse the gap and sell-off trend of this magnitude."

"When there is a liquidity crisis, short positions are the best option."

"The poster also said that the future opportunities are on the GEM. However, the GEM has fallen more sharply than the main board today. If the Shanghai Stock Exchange Index drops to 1,500 points, with such a high valuation on the GEM, I think it will be at least below 500 points. .”

"The poster also said that the central bank would rescue the market? As a result, after one night, the entire market was not only negative, but also negative."

"I'm not saying that, the poster's analysis is very clear, but in the end, looking at the actual results, he must be the type of person who loses the most."

"Singing too much at this time is obviously a scam!"

"Isn't the person who posted the post just talking about long selling and selling short, specifically trying to trick people into taking over?"

"Not to mention, it is really possible that there are too many people singing at this time, and it is obviously meant to trick people into taking over the order. It is very likely that the poster is a researcher of a certain institution. When the liquidity of the entire market is lacking, the institution cannot sell goods, so that's why You need to deliberately sing more to attract people to take over.”

"The person who posted the post is either a liar or an institutional liar who is deliberately trying to attract people to take over."

“The Shanghai stock index has broken 1,900 points. Does the poster’s face hurt?”

"There is no doubt that it is another day of steep decline. The poster is full of lies and is more shameless than a liar. If you listen to the post owner's remarks this morning, I am afraid that he has been buried in it again."

"Anyone who sings too much at this time is a liar, and the poster is no exception."

"Hey, it's buried, it's buried..."

"It seems like the market is really hopeless. We really shouldn't have any hope!"

"The poster is really harmful to people. How many people have been buried today because of this post?"

"Put it up so that more people can see it. The poster is a typical market counter-pointer."

"Facts have proven that all analysts in the market are just fortune tellers when it comes to the actual market trends, and they cannot analyze it properly."

"This is originally a rubbish article with a strong sense of self-consciousness. The author of the post deserves to be harvested by the market and deserves to lose money."

"Huaqingbao has dropped to the limit, and Shanghai Steel Union and Fenda Technology have also dropped to the limit depending on the situation. Today, even Fusheng Road and Fortune Road have been buried. The poster is destined to have a swollen face."

“If you don’t have fine steel diamonds, you don’t have to be a porcelain worker. The poster is just lying...”

Countless bearish remarks filled the comment area of ​​Su Yu's post. Even though the actual trend of the entire market has been completely destroyed by the short sellers, there are only a few people who still insist on agreeing with his point of view.

At the same time, in the retail investor group of Su Yu’s classmates.

Everyone's complaints about him became more and more intense.

"Hey, sure enough... this market is hopeless. Let alone regaining 2,000 points, it can't even hold on to 1,900 points. Cut it, cut it!"

"You really shouldn't believe Su Yu's words, hey... he was buried again!"

"You shouldn't have any last illusions. What Su Yu said in the article is indeed too optimistic and ideal."

"See you at 1500 o'clock. It's absolutely miserable."

"Every time there was a glimmer of hope, they tricked me by 10% more. It's just that this article by Su Yu misled me."

"I wonder if Su Yu is out. He must have suffered a lot, right?"

"Look now... no matter how correct the logic of the analysis is, if the direction is wrong, it is still equal to zero!"

"I don't think it's Su Yu's fault. The whole market is in trouble. As long as you're on the court, who won't lose? After a few days, the Fortune Road and the Fusheng Road have also been buried, haven't they?"

"Yes, food is the original sin. It's useless to blame other external conditions."

"Speaking of the main funds of Fortune Road and Fusheng Road, since they appeared on the Dragon and Tiger List, they have never lost money every time they make a move, right? The winning rate is 100%. This time... it seems that they will fall from the altar. "

"It looks like it is. Two of the stocks bought yesterday by Fortune Road and Fusheng Road are now swinging at the lower limit. Moreover, Fenda Technology and Wangsu Technology have also fallen by more than 7% at the moment. They are very likely to copy Yesterday’s trend, the myth of 100% winning rate on Fortune Road and Recovery Road, will definitely be destroyed today.”

"Hey, cut the flesh, cut the flesh... the market has completely lost its liquidity and collapsed completely. At this time, we are not thinking about how to buy the bottom, but how to survive."

"Loss of 20%, I'll cut it too!" Huang Luolin also echoed amidst the complaints and complaints, "A real liquidity crisis has emerged. I don't think it can stop even 1,500 points, and Hua Qingbao seems to have to recover." To the position before the first wave of gains, you will make money in the bull market, and you will make money in the bear market. When the market bottoms out, you can pick up the lows again."

Amidst the fierce complaints and discussions...

Whether in the group or on the online forum, there are endless numbers of people sending private messages to @Su Yu.

However, at this moment, Su Yu was too lazy to pay attention to the news. He focused on the Shanghai Stock Exchange Index, which had broken through 1,900 points, and the ChiNext Index, which had fallen below 4 points, reappearing yesterday's extreme panic. He kept telling Li Meng, Wang Can swept the chips on the target stock market and bought as much as he could, striving to directly reach the fund's overall position building target during the morning trading period.

At 9:55, the Shanghai Stock Exchange Index reached 1895 points, the GEM Index broke through 930 points, and the overall position line of the "Yuhang No. 1" Fund reached around 25%.

At 10:03, the Shanghai Stock Exchange Index broke through the 1890 point, and the ChiNext Index fell more than 4.5%. The stock pool selected by Su Yu saw an overall decline of more than 6%. Three stocks, Shanghai Steel Union, Huaqingbao, and Fenda Technology, touched the 1890 point. It fell to the limit, and the fund's position line soared to more than 32% again, completing half of the position building task.

At 10:07, the Shanghai Stock Exchange Index hit its lowest point of 1886.26, then bottomed out and recovered 1895 points. After the ChiNext Index hit its lowest point of 922.78 points, it also bottomed out and rebounded. Fenda Technology opened the lower limit, LeTV.com, and Wangsu Technology , Flush, Oriental Fortune and other stocks fell back to between 5% and 7%, while the fund position line continued to soar to the 35% water level, continuing to grow.

At 10:15, the Shanghai Stock Index returned to the 1900-point mark, the GEM index fell back to about 4%, the Shanghai Steel Union's lower limit was opened, some funds were bargain-hunting, and the fund position line had increased to more than 38% at this time.

10 million, 20 million, 50 million...

Since the start of trading at 9:30, Li Meng and Wang Can have done nothing else but buy when Su Yu gave the order.

"1886.26 point..." Seeing that the Shanghai Index had risen above 1900 points and had some obvious desire to attack, Li Meng exhaled and said, "It should be almost done, right?"

As she spoke, she held the mouse and was about to invest another 10 million in funds to sweep away the selling orders.

At this time, the index, which had bottomed out normally, turned around and went straight down again, as if it were convulsing, once again breaking through the 1900 point, heading straight to a new low.

Su Yu saw Li Meng dumbfounded, unable to understand the changes in the market.

He couldn't help but urged in a deep voice: "Don't worry about the index, just focus on buying individual stocks. Before the midday time arrives, try to increase the position level to above 50%."

Although the index and individual stocks fell sharply.

But except for some core-weighted large-cap stocks, most small-cap stocks do not have good liquidity.

They invested money one after another and cleared the active selling orders on the market again and again, but in fact the buying speed was not fast.

"Yeah!" Li Meng responded.

Then, place the order at the market price and continue to buy without thinking to increase the fund's position.

Amid the three people’s continued frenzied buying, the Shanghai Stock Exchange Index once again broke through the previously set low of 1886.26 points at 10:53, setting a four-year historical low again to 1884.44 points, which continued to severely dampen market investment sentiment. , completely destroying the investment confidence of the entire market.

However, just when investors in the entire market have given up resistance, they feel that the Shanghai Stock Exchange Index will reach a new low.

A majestic amount of funds suddenly began to pour into the banking and securities sectors, which had fallen miserably. Tens of millions or hundreds of millions of funds bought the core weights of the sectors at market prices, causing their stock prices to rise straight up, causing the Shanghai Stock Exchange Index to hit 1884.44 points. After the position, Lightning rose back to above 1890 points.

"When the bank money shortage crisis is so serious, the main funds actually choose the banking sector as a breakthrough?"

Seeing the rapid rebound of the banking and securities sectors and the huge influx of funds, someone in Su Yu's main hot money group didn't quite understand and asked: "Is the national team protecting the market?"

"That should be the case. If big finance is not stable and the index is in the abyss, it is impossible to stabilize."

"If you don't save me for 2,000 points, saving me now is of no use!"

"They were saved yesterday, too. Two barrels of oil, Changdian Electric, Huaguo Construction... we just didn't save them."

"We couldn't save it yesterday, but can we save it today? If a big financial company like Big Finance is so powerful, who will save it when the entire market sentiment collapses?"

"You have to be stable even if you can't stabilize it. If it continues to plummet like this, all financing leverage will explode."

"Yes, you can ignore the downturn, but if the plunge involves financing and liquidation, the regulatory agencies must take care of it."

"Hey... That is also the wrong direction. At this time... weight is not the most important. Using core popular concept stocks to create popularity and create a profit-making effect is the right direction. The entire market sentiment has stabilized, and there is no Funds are willing to take over, and it is useless to increase the weight, but will only increase market panic.”

"It's unrealistic to want to buy concept stocks for the national team!"

"Also...the regular army is biased against concept stocks and the GEM."

"Hey... the Shanghai stock index has returned to 1900 points again. On the time-sharing chart, it deviates from the trend again. Anyone ignited? Popular concept stocks such as Shanghai Steel Union, Hua Qingbao, Fenda Technology, and Su Brothers Wealth Road With the blessing of the seats on Fusheng Road, I think we can pull it together."

"The mood is so bad. Unless the Shanghai Stock Index can return to above the opening point, the gap will be too scary."

"At this time, the winning rate is too low."

"Brother Su has been buried, which shows how bad the market sentiment is."

"Yesterday, I fired up Shanghai Steel Union and Hua Qingbao and got buried. I just cut the meat out in the morning and lost more than ten points. Let alone ignition and so on, let's wait for the market to really bottom out, wait for the trading volume to stabilize, at this time... …It’s so scary.”

"Me too...I thought that Brother Su would be able to recover some losses today by entering the market and taking advantage of the premium price of his seats. Unexpectedly, the trend was still a direct collapse, and he lost almost 20%."

"I saw Brother Su's post on an online forum and was scolded miserably."

"In the A-share market, no one is a god. It seems...Brother Su is going to struggle today. If the GEM really falls like the Shanghai Stock Index, it won't even reach 800 points!"

"I think the ultimate panic is the real bottom of the market. People, you still have to have some faith when operating and trading. I believe in Brother Su's judgment. Damn... Brother Su and I advanced and retreated at the same time at this position. By the way... …On the online forum, I also went to help him clear his name. This group of retail investors, Brother Su, obviously has good intentions, but they are completely treated like a donkey."

"Guess whether Brother Su is buying or selling today?"

"It's hard to say that with Brother Su's determination, once he takes action, this kind of panic won't scare him, right?"

"If Brother Su buys it, then the two popular core tickets of Shanghai Steel Union and Hua Qingbao today will definitely be ignited by Brother Su..."

"Wait a minute, wait a minute..."

"Liping is right, you still have to have some faith. Anyway, it's almost the limit. It doesn't make much sense to cut off positions at this time. What the hell... I'll wait until the afternoon. If Brother Su really stops the loss and admits it, then I will follow suit." Just come out.”

In the midst of everyone's hesitation and heated discussions, after the Shanghai Stock Index returned to 1900 points, it finally stopped falling and fell into a weak rebound. It gradually moved up to 1910 points, and poured into the banking and securities sectors. The funds show no signs of weakening, but are increasing step by step.

Just this time...

The panic on the GEM index has intensified.

As the Shanghai Stock Index returned to 1900 points, the ChiNext Index briefly rebounded for a while, and then quickly fell again, reaching the lowest point of the decline to 920.26 points, and the decline directly exceeded 5%. , all concept sectors plummeted, and core concept stocks also rushed all the way to the limit.

And also at this time...

In the main hot money group where Su Yu belongs, Jia Liping, a hot money person who sits on Anhe Road, Yu Hang, under Su Yu's post, is trying to clear up Su Yu's name and let everyone have more faith, less panic, and calmly treat the market's plummeting, but he doesn't want to After arguing with others for a few times, I found that I was actually regarded as an institutional supporter who sang the bull and a liar who encouraged people to buy the bottom. So in a rage, I couldn't help but reveal my seat and the truth about the ID of "Meng Xin Stock Speculator" identity.

And when he used his identity to prove to Su Yu, he revealed that the ID of 'Meng Xin Stock Trading' was Yuhang Fortune Road and Yuhang Fusheng Road. In the past two months, these stocks have created wealth legends and short-term operation myths in the A-share market. At that time, the entire network exploded, and the number of comments in the comment area of ​​the post skyrocketed again.

"Holy shit, is it true? Is this the forum ID of Fortune Road and Fusheng Road?"

"Are you really a boss?"

"Is that person just now indeed Teacher Jia from 'Yu Hang An He Lu' on the Dragon and Tiger List?"

"That's right, I've seen his ID in a big boss group before. Judging from the screenshots posted by this boss just now, it's indeed him!"

"So, the ID of 'Meng Xin Stock Trading' is indeed the road to wealth and recovery?"

"Oh my god! This is my idol's seat."

“The big boss posted a public bullish statement. Is this a sign that the market has truly bottomed out?”

"I don't believe in others, but I am bullish on Yuhang Fortune Road and Fusheng Road. I will definitely follow them."

"Who just said that the poster's analysis was succinct, maybe the operation was a mess? Open your eyes and look at the wealth road and the recovery road. In the first two months of the Dragon and Tiger rankings, the winning rate was 100%, creating a Fenda Technology, Tianyu Information, Shanghai Steel Union and many other monster stocks are the top hot money!"

"I didn't expect that I would be so close to the boss."

"It turns out that the big guys can also dive into forums and post anonymously. I've seen it. I finally saw it!"

"This post was posted yesterday, and yesterday Fortune Road and Fusheng Road were indeed on the Dragon and Tiger List, with large-scale buying. Regardless of whether this is the bottom, but the vigor of Fortune Road and Fusheng Road, this It is admirable to do what one says in the stock market, and his domineering attitude of looking long and doing long is admirable.”

"With such a main force, I am willing to follow and even lose money."

"Hua Qingbao, Shanghai Steel Union, Fenda Technology...I'm here."

"What if I am the one who holds the seats on Fortune Road and Fusheng Road? The market is going downhill and the trend is like this. No one can stop it. Fortune Road and Fusheng Road are still destined to be buried today."

"In A-shares, there is no such thing as a stock god. Will the chief rudder and leader Zhang lose money differently?"

"Yes, there are no myths about A-shares. No matter who is publicly singing the bull call at this time and calling on everyone to buy, that is not showing good intentions."

"The GEM index has fallen below 5%, but it can still turn around. How can it be a liar?"

"After a collapse, even if Wealth Road and Recovery Road are the gods of stocks, they can't stop the market from falling. There is no way to save it. It means there is no way to save it. Any extravagant hopes will ultimately be the source of losing money."

"I also followed Fortune Road and Fusheng Road to buy the bottom in the early trading, but unfortunately it hit the limit."

"Take Hua Qingbao as an example. The current stock price is more than double that of April. This is not the bottom. This is the top of the mountain."

"Today, there is obviously no premium for the seats on Fortune Road and Fusheng Road. This is the power of the market, and no individual or fund can influence it."

After Su Yu's ID seat was exposed.

In the rapidly soaring number of comments, the number of believers continues to increase, but the number of refutations continues to increase.

In the entire comment area, the division between long and short has intensified, but the short forces have always been fully dominant.

As the number of comments in the comment area surged to hundreds per minute, at the same time, group messages exploded in the retail group of Su Yu's classmates.

Almost all the students felt that their views were exploded and they couldn't believe it.

"Holy shit, shit... Su Yu is the legendary main force of Fortune Road and Fusheng Road. This... Isn't this too outrageous? It's too... too magical!"

"The profile picture and ID are exactly the same. If it's not Su Yu, who else could it be?"

"It's simply, simply...reality is more magical than dreams."

"It turns out the boss is around. No wonder Wang Can is so protective of Su Yu. Doesn't he know this secret a long time ago?"

"Oh my god, my idol, my idol... is actually my college classmate. What is this experience like?"

"Ah...I want to go to Yuhang."

"Su Yu, oh, no... Mr. Su, could you please give me a few words? I'm so trapped, what should I do?"

"Idol……"

"Mr. Su..."

"Su Yu..."

When the news broke out in the entire group, everyone was @Su Yu.

However, at this time, Su Yu had no time to pay attention to these messages, nor did he have time to check the comments and discussion topics that had exploded across the Internet.

He stared closely at the funds that continued to flow to banks and securities.

Seeing that the Shanghai Stock Index, supported by the banking and securities sectors that quickly retracted their losses, further attacked the opening points of 1910 and 1916.

After a moment of silence, he finally made his final judgment.

"It seems that the central bank's internal meeting is over. Agencies with sensitive information have already sensed opportunities. In that case..." Su Yu's eyes flashed brightly, and at 11:18, he issued the order in a deep voice, " Li Meng and Wang Can, with continuous large orders of thousands of hands, bought at the market price, attacked the gear upwards, swept the selling orders in front, and pulled up, the market bottomed out, and the time and opportunity for a full-scale counterattack has arrived!"

Li Meng looked up and saw his sharp eyes, and nodded immediately.

Subsequently, under the synchronization of her and Wang Can's actions, a series of large orders poured in. Millions, tens of millions, tens of millions... a steady stream of huge funds bombarded Fenda Technology, Wangsu Technology, and LeTV. , Hua Qing Bao, Oriental Fortune, Flush, and Hua Qing Bao's market rose straight up without hesitation.

As for Su Yu...

The moment his eyes returned to the market, his finger clicked on the one-click buy button, and his personal account and fund account were purchased simultaneously.

And as the money poured in.

He ate up more than 20,000 orders on the lower limit of Shanghai Steel Union in one go, and the stock price jumped straight up; Tianyu Information also cleared the 50 stalls of selling orders in front of him in one second, and the drop instantly shrunk to less than 2%. .

With huge funds, attacks from both front and back.

Seven or eight core concept stocks moved almost simultaneously, instantly linking up with banks and securities on the main board.

At the same time, seeing the core concept stocks held by Wealth Road and Fusheng Road break the market one after another, the attention of investors in the entire market also gathered simultaneously, and funds for speculation and bargain hunting gathered together.