Chapter 364: The market’s ‘Dinghai Shenzhen’!

"It's exactly as you expected."

Seeing the closing results of the two cities, Yuhang, Yuhang Investment Company, and the internal trading room, Li Meng said in amazement: "The Shanghai Stock Index has recovered most of its intraday plunge, but it has not rashly hit the 2200-point mark again. Market investment sentiment, Compared with the early trading, although it has been depleted, it is still stable, and the loss effect of the two cities is not great."

"According to this market trend, the subsequent index will fluctuate slightly, digesting a wave of floating chips in the market today."

"Market sentiment and main financial strength have once again gathered together, and the probability of reaching 2200 points and crossing this pressure barrier is quite high."

Su Yu stared at the frozen market of the two markets and responded with a smile: "This closing result is better than I expected!"

Originally, he thought that when the Shanghai Stock Index just rebounded to the 2190 mark, there would be major funds that couldn't help but want to rush through the barrier. Unexpectedly, what he was worried about did not happen. The trend of the Shanghai Stock Index was at the critical moment. In terms of points, it has developed according to the ideal state he envisioned.

"The key is that the volume of energy has exploded." Li Meng said, "The turnover of the two cities has reached the 100 billion mark for the first time this year. This should bring quite a positive emotional effect. At least it shows that what the market lacks is not funds, but Confidence, and at the same time, such a large fluctuation in turnover also fully demonstrates that the chips in the market around 2,200 points have loosened a lot during today's market transactions."

"Indeed!" Su Yu nodded slightly, "Other big funds who are smart in the market should realize this."

"Master, today's two major market core themes of 'infrastructure' and 'state-owned enterprise reform', and the related popular stocks, are quite divergent. Moreover, due to the excessive short-term gains, too many short-term profits have been accumulated. In addition, after Due to the short-term sharp rise, most of these popular stocks have already touched the heavy hold-up zone above..." Liu Yuan took over and said, "I am afraid that in the subsequent market shock adjustment, the adjustment of these two core main lines will be worse than the index adjustment. More intense, right?"

Su Yu nodded and said: "That's for sure. In the two core main areas of the market, 'infrastructure' and 'state-owned enterprise reform', many core stocks that have experienced excessive short-term gains need to build a bargaining chip platform here to solve the problem of excessive short-term gains." Only by taking profit orders and heavy hold-up orders near this position can we continue to create upward space in the future.”

"Of course, it's still the same sentence..."

Su Yu paused and continued: "Market adjustment is inevitable, but there is no need to be pessimistic. The index cannot fall at this position. As for the two core market lines of 'infrastructure' and 'state-owned enterprise reform', institutions on the market hold positions When both are at the lowest level, there are still countless funds outside the market, waiting to rush into the market at a low level. The market's ability to undertake the market should be stronger than other industry sectors in the two cities, so there is no need to worry too much. .”

"Mr. Su, at the end of today's trading, many low-level non-core concept stocks in the direction of 'infrastructure' and 'state-owned enterprise reform' suddenly changed and rose straight up. This should be what you said, the high-low switching market in the sector, right? ?" When Su Yu answered Liu Yuan's question, trader Zhao Lijun also hurriedly asked, "In the subsequent market adjustment, will this 'high-low switching' market continue to perform?"

Su Yu thought for a while and responded: "There should be some sustained performance. After all, these tickets have seriously lagged behind the market growth before, and have not benefited from the two core themes of 'infrastructure' and 'state-owned enterprise reform'. At this moment... ...These batches of stocks have been pulled out by hot money, and based on the concepts of 'infrastructure' and 'state-owned enterprise reform', there must be a need to make up for the increase, and at this time, this hype angle, and this hype direction... they can all gain market share. It is recognized by the majority of investors.”

“In addition, the majority of investors in the market already have a fairly clear understanding of the money-making effects of the two core themes of ‘infrastructure’ and ‘state-owned enterprise reform’.”

"So, this is the action of hot money on 'high-low switching'."

"From core stocks to fringe stocks, it is a wise move to let the scope and sentiment of the main line speculation continue to deepen and spread."

"Well, since the logic is accepted."

"As the market attention on this line is getting higher and higher, the market trend can naturally continue."

"However, the speculation logic and underlying foundation of these stocks still rest on the two core main lines of 'infrastructure' and 'state-owned enterprise reform'. That is to say, when the two core main lines of the market are 'infrastructure' and 'state-owned enterprise reform,' Internally, if a better money-making effect is born, then these fringe stocks whose concepts are not pure will naturally be abandoned by the main funds for speculation in an instant and become the fringe of the two core main lines of speculation again."

"In other words, the changes in these stocks at the end of today are the so-called high and low switching within the sector."

"It can only be used as a short-term market substitute for the two core main lines of 'infrastructure' and 'state-owned enterprise reform' and the adjustment period of internally popular core stocks."

"And as a substitute for the hype."

"Under the dominance of hot money, it is extremely difficult to participate, and the room for rising stock prices is difficult to predict."

"In the face of such a market, it is okay to participate in small positions, gamble and speculate with hot money, but it is unwise to intervene with large-scale positions. After all, in terms of the underlying investment logic, these tickets have no sustainable future expectations. , and there are no signs of fundamental changes.”

"Understood!" Zhao Lijun nodded slightly.

"Actually..." Su Yu paused for a while, facing all the traders in the trading room, and continued, "Everyone must know how to choose opportunities when trading and investing."

“You need to be able to understand what is a big opportunity and what is a small opportunity.”

“And we must know how to give up small opportunities and choose big opportunities at critical moments when market conditions change.”

"In the current market changes, the two core main areas of 'infrastructure' and 'state-owned enterprise reform' have seen a net inflow of large amounts of major funds in the past few days. These are the main big opportunities, and in late trading These fringe stocks with abnormal movements and hot money following the trend are small opportunities that can be ignored.”

"When we use funds to take positions in target stocks."

"Actually, while choosing one opportunity, you are giving up other opportunities."

"After all, no matter who the market participants are, the amount of funds in their hands is limited, and naturally the opportunities for choice are also limited, just like people cannot sit on two chairs at the same time, so there is no need to be jealous of what happens in the market. Every opportunity we have, we just need to seize the main opportunities that we can seize."

"Indeed, if you want everything, you often get nothing in the end." When Li Meng heard Su Yu's understanding of the transaction, he agreed with it in his heart. He had some understanding and said with a genuine smile, "Grab the big and let go the small. Know the trade-offs." , in transactions, it is indeed very important.”

"Okay, let's review it!"

Seeing that he had finished what he should say, Su Yu gave a brief instruction, then turned around and continued to study the board.

Many traders, under Su Yu's instructions, also lowered their heads and hunched over their computer desks, sorting out today's market trends and writing review reports.

With the traders' review, and everyone's voice discussing the market from time to time.

At this moment, in online stock trading forums, financial media communities, financial news sections, major online and offline investment discussion groups, and the broad market investor groups, there are also intense discussions about today's market performance, with people being bearish and bearish. There are many voices, but they are all the same.

"With such a huge earthquake, the market outlook will definitely be difficult again!" Someone sighed after careful review and analysis.

"I also feel that the market outlook is not optimistic. Although several major indexes have closed positive today, the key points have not been reached, and the market's collective long-term breath has been released."

"Hey, the Shanghai Index has not reached 2200 points. It really feels like there is a lump in my throat."

"I tried it during the session, but I can't stand firm. What can I do? As the so-called market situation evolves, if it doesn't go up, it will go down. With this kind of trend pattern, market outlook adjustments are definitely inevitable."

"Not necessarily? If the market is really going to fall, why bother pulling it back in the afternoon? I feel like today is more like the main force washing the market."

"Yesterday it was said that the main force was washing the market, which is fair to say, but it is obviously not the case today, right? The pullback in the afternoon feels more like luring the bulls, and there is actually no upward attack."

"The rebound in the afternoon was stronger in quantity. Although it was weaker than in the morning, it can't be said to be less powerful, right?"

"But I can't stand 2200 points, which is still equal to zero."

"Yes, if the Shanghai Stock Index cannot stand firmly at 2,200 points, it means that it cannot break through the pattern of box shocks. Moreover, the Shanghai Stock Index has been positive for three consecutive times. The market has put so much money today, but it cannot break through. It will definitely fall back in the future."

"Let's take a look at the Dragon and Tiger List before talking..."

"Yes, let's look at the Dragon and Tiger List. If Mr. Su's 'Wealth Road' shows no signs of lightening up, then today is a washout. If Mr. Su's 'Wealth Road' lightens up today, then the index will definitely be adjusted. To be honest... The Shanghai Composite Index is at 2,200 points, holding the chips is really a bit panicking."

"Mr. Su's 'Fortune Road' seats, China Railway and Beixin Road and Bridge that have appeared on the Dragon and Tiger List, today's trading volume did not increase significantly. I feel that Mr. Su definitely did not sell out, and maybe he even increased his position. I I believe that the funds that smashed the market above 2200 points in early trading today cannot be Mr. Su."

"The transaction volume on the Beixin Road bridge is 67 million yuan. Isn't it considered a large volume?"

"At least there's no broken board, right?"

"But as the differences increase, we will definitely not be able to maintain it tomorrow."

"We will look at the buying and selling seats on the Dragon and Tiger List later. Anyway, at this position, although there is huge pressure for the index to break upward, I am still cautiously bullish."

"Yes, I really don't believe that the two main lines of 'infrastructure' and 'state-owned enterprise reform' cannot take the Shanghai Stock Index past 2200 points. At least with today's trend, no matter how the index performs, the two main lines of 'infrastructure' and 'state-owned enterprise reform' The performance of the core main lines is still very strong, and I feel that the market trends of these two main lines have not finished.”

"It's definitely not over yet. Mr. Su's layout doesn't mean there is only such a small amount of market space."

"However, it is also true that the market has been extremely heavy selling."

In a situation where everyone has extremely fierce differences between long and short, and neither the bearish nor the bullish can fully convince the other party, and each has sufficient logical proof.

The time quickly moved to 5:30, and the rankings of dragons and tigers in the two cities were refreshed.

After yesterday's market explosion and today's huge market fluctuations, a total of 23 stocks in the two cities have made it onto the Dragon and Tiger list, including Beixin Luqiao, Shibei Hi-tech, Waigaoqiao, Shanghai Sanmao, A number of popular stocks such as Shanghai Steel Union, China Fortune Land Development, China Metallurgical Corporation, and China Railway Group have been on the list.

"Sure enough, let me tell you, Mr. Su hasn't come out, the market outlook is promising, the market outlook is promising!"

Faced with the refreshed dragon and tiger rankings of the two cities, countless investors in the market did not find Su Yu's seats on the "Fortune Road" and "Fusheng Road" after searching. Many people suddenly burst into excitement, and at the same time, they were "seeing" The idea of ​​​​a long market outlook has become more and more determined.

"There really is no 'road to wealth'. Mr. Su actually locked up his position completely today!"

"Pattern, this is called pattern!"

"One of the selling seats at Beixin Road Bridge was sold for only 5 million. This shows that most of the people selling at the daily limit today are retail investors!"

"Damn it, the market is being washed by the daily limit?"

"This is not called a daily limit washout, it's just that those who can't hold the chips have left."

"Haha, in popular stocks, the basic major funds are still there. Sure enough, at this position, the panic is not the main force at all, but a group of large investors and retail investors."

"There are also sales of institutional seats, but the amount of funds sold is not large."

"Today's selling volume of institutional seats is negligible compared to yesterday's buying volume. Moreover, the net buying volume of the institutional seats that appeared on the Dragon and Tiger list today is still over 100 million."

"Let me just say, at this position, there is no need to panic or be bearish."

"The funds that were laundered today deserved it. Damn it... Such a good breakthrough opportunity in the early trading and such a good mood were ruined. They deserved to be laundered."

"I feel that the market will continue to have positive breakthroughs tomorrow!"

"It's necessary. Judging from the Dragon and Tiger List, the main funds have obviously seen a substantial net inflow. This has proven that the main funds in the market are strongly optimistic about the market outlook."

"In a word, anyone who is bearish is a fool."

"Hey, if you are short today, you may be long tomorrow. I hope the index will continue to rise, so that these guys who smashed the market today will be short, and finally have to chase the high price to enter the market."

"Sure enough, Mr. Su still has a big structure, and the market is fluctuating violently, but he can still remain motionless."

"Hey, holding stocks is like being a widow. I finally realized this today. Fortunately, fortunately... I have the bargaining chip and there is no panic selling."

"Indeed, today's trend is exciting, so exciting!"

"Today's data on the Dragon and Tiger List is really enough to slap short sellers in the face. Just watch, these guys who are short sellers today will definitely catch up tomorrow."

"Hey, I'm just waiting for these guys who are doing nothing to do more somersaults."

"Beixin Road and Bridge is the only triple-listed stock in the market today. Its leading attributes should have been revealed, right?"

"The overall leader should be Beixin Road and Bridge. After all, judging from today's trend and the data on the Dragon and Tiger List, Shibei High-tech is still lagging behind."

"Indeed, Shibei Hi-tech has been a lot weaker after being blocked today. After all, it's only been 2 boards, and it's already blown up!"

"But in terms of bargaining chips, Shibei Hi-tech should be better than Beixin Luqiao, right? Let's see tomorrow... It's hard to say who can go further between these two checks."

"Hey, but today, whether it's Beixin Luqiao or Shibei High-tech, they should be different buying points, right? It's a pity. Seeing the market diving from a high level with such a large amplitude, I was still scared at the end and didn't dare to enter the position. I don't know what will happen tomorrow. Sentiment has picked up again, the market has turned from divergence to consensus, and there are still no buying opportunities.”

"There should be, right? It feels like the Beixin Road Bridge will be difficult to open up space without a drastic change of hands."

"It's not necessarily true. With the blessing of President Su's 'Fu Sheng Road' seat, Beixin Road and Bridge may be able to reach the 5th board in one go before adjusting."

"No matter what, since Mr. Su has completely locked up his position today, he can no longer be bearish easily."

After the dragon and tiger rankings in the two cities were refreshed, amidst the fierce market discussions, the direction of the long and short trends began to turn sharply. The bulls regained their advantage and gradually suppressed the voices of the shorts, driving the market investment sentiment to slowly rebound.

And in the process...

Financial media, financial influencers, and analysts from various brokerage institutions continued to be bullish without thinking, and summarized numerous market benefits, as well as various multi-party analysis reports.

Of course, the voices of the vast retail investors in the market and the major market institutions are gradually becoming consistent again.

In the hot money circle at this moment, many market hot money saw the trading status of large funds in various departments on the dragon and tiger list, but they became cautious instead.

“The two core themes of ‘infrastructure’ and ‘state-owned enterprise reform’ feel like there are not enough differences today!”

Among them, someone in the Yuhang hot money group where Su Yu belonged frowned and sighed: "If there are not enough differences and insufficient exchange of chips, it will be difficult to continue to open up space. After all, there are too many people sitting in the sedan chair and the people carrying the sedan chair." It will be difficult and less willing to carry the sedan chair for so many people."

“There really isn’t enough disagreement!”

"I didn't expect that the two main lines of 'infrastructure' and 'state-owned enterprise reform' would have such a stable bargaining chip structure?"

"Due to the blessing of Mr. Su's two major seats of 'Fortune Road' and 'Fusheng Road', the confidence of many funds in holding shares on these two main lines is obviously stronger than that of other sectors in the two cities. In this way... it is natural to wash the market. It will also be more difficult.”

"There are too many short-term profit chips, and the market is heavily locked up. In addition, there are too many people sitting on the sedan chair. If there is no major disagreement, let the chips be exchanged fiercely. I am afraid that in this position,'infrastructure','state-owned enterprise reform 'With these two main lines, it is not easy to continue to open up room for upside!"

"But if these two main lines are not up, it feels like there is no hope for the Shanghai Stock Index to break through 2,200 points."

"The blessing of Mr. Su's seat has slowed down the changes in the internal chip structure of these two main lines, and the slow change in the chip structure will naturally prolong the time for market adjustment."

"Looking at it this way, the market may still be volatile in the short term."

"It is bound to continue to fluctuate. After all, the market has exploded to about 100 billion today, and it has not reached the 2200 point position. There are floating chips on the market, a lot of short-term profit orders and huge hold-up orders near 2200 points. No matter what, we have to take care of it." Only by cleaning up can we reduce the upward pressure on the market and enable the index to achieve a real breakthrough."

"But judging from the net buying volume of today's main funds on the Dragon and Tiger list..."

"There are a lot of large institutional funds that want to increase their positions at low levels. It is estimated that the index and the two main market trends of 'infrastructure' and 'state-owned enterprise reform' are unlikely to fall further, right?"

"If it can't rise or fall, it can only fluctuate sideways and slowly digest it."

"Hey, the market has entered a state of long and short interweaving. I'm afraid the market conditions in the next few days will not be as easy as the previous few days."

"Well, that's for sure. If the index cannot go up to 2200 points, then the market will inevitably diverge. Regardless of the main line market or other branch lines, the difficulty of operation will naturally increase, and the market's emotional premium will be higher in this case. down, it will gradually weaken.”

"If that's the case, then we can't make a high board."

"Tomorrow, the sentiment and market trends of Beixin Luqiao, Shibei High-tech, Shanghai Sanmao, Waigaoqiao, China Land Development and other high-priced popular stocks should continue to diverge, right? I feel that at the end of today's trading, the sentiment and market trend will continue to diverge, right?" There are some opportunities to participate in the 'low-level complementary growth concept stocks' driven by the two main lines of 'state-owned enterprise reform'."

"I also feel that the popular stocks on the two main lines of 'infrastructure' and 'state-owned enterprise reform' will definitely become more differentiated tomorrow."

"The more divided the better, and at this time, what is needed is disagreement."

"Yes, only enough differences and enough exchange of chips can bring new market trends and achieve sufficient market heights."

"I'm afraid that the differences will be too great and destroy the market's long sentiment!"

"As long as Mr. Su, the core indicator of the market, does not sell on a large scale, the problem should not be big. According to Mr. Su's trading behavior on the two main lines of 'infrastructure' and 'state-owned enterprise reform', I think he is in this position. There is absolutely no chance of a massive sell-off."

"The two core themes of 'infrastructure' and 'state-owned enterprise reform' were launched by President Su with great efforts. Although popular stocks related to these two themes have experienced considerable short-term gains, under the support of strong expected logic, it is obvious that there are still There is still a lot of room to explore. Mr. Su has heavily invested in this field and will definitely not stop selling on a large scale to stop profits. As long as his market's "fixing needle" does not move, the hope in the hearts of the majority of investors will not be extinguished. Then during index fluctuations, the market's long sentiment will not sink to a situation where it is completely suppressed by short forces."

"It makes sense. Generally speaking, we need to be cautious at this position, but we should not be overly bearish."

"First make a wave of market switching between high and low, and then wait for Shibei High-tech, Beixin Road and Bridge, Waigaoqiao, Shanghai Sanmao, China Fortune Land Development, China MCC, China Railway...this large number of 'infrastructure',' After the reform of state-owned enterprises, popular stocks have been fully adjusted, they will go up in the second wave."

"Well, sure enough, a market driven by blue-chip core stocks like this still has to follow the trend."

“There’s nothing wrong with following trends!”

"Patience! Next... it should be time to be more patient."

The news in the group refreshed rapidly. As the time progressed to 6 p.m., the good news from the macro level was released again. At the same time, the Foreign Investment Bank and Media Asia Bank, which support the development of the 'Great Country Infrastructure' strategy, also spread the news of their establishment. This has greatly boosted the investment logic and future expectations of the market's "infrastructure" main line.

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And, when the time comes in the evening...

On the main line of 'state-owned enterprise reform', among the hundreds of 'state-owned holding' stocks in the two cities, six more stocks have announced the suspension of trading for restructuring and mixed ownership reform. This news has further stimulated the 'state-owned enterprises' The main line of reform is the hype and expectation space.

However, good news comes from the market and macroeconomic aspects.

After further stimulating the bullish sentiment in the market, in less than 3 hours, this renewed bullish sentiment fell again during the sharply lower opening of US stocks in the external market. After a night of external trading, the market fell again. The U.S. stock market finally closed sharply lower, and when panic slowly emerged in the entire global financial market, the pre-market bullish sentiment stimulated by the positive market conditions fell directly to the bottom, and was once again suppressed by the short sentiment.

Finally, Friday, April 25th, at 9:15am.

When the two cities once again ushered in call auctions, the market's bullish sentiment was completely shrouded in the shadow of short sentiment. Various industry sectors and concept sectors in the two cities opened lower one after another. The entire market totaled more than 1,800 stocks, exceeding 75% of the stocks opened low in the green.

Among them, what surprised the majority of investors in the market...

There are many popular core stocks in the two main areas of 'infrastructure' and 'state-owned enterprise reform' that have performed very strongly in the past few days. With the positive market stimulation last night, today in the initial stage of call auction, they actually lagged behind the rest of the two cities. The performance of stocks in this field has shown a quite obvious pattern of compensating for losses.