Chapter 366: The market is shrinking, long and short are intertwined!

"Damn it, are you so strong?"

Seeing that the Beixin Road and Bridge stock had been flooded with thousands of large orders just after it opened, some hot money in the Yuhang hot money group where Su Yu was located showed a very surprised look and said in the group: "No. Are you going to go directly to the 4th board like this? It’s a bit ridiculously strong!”

"Probably not! Today's market sentiment is not very good, and board 4 is quite difficult."

"Who made those consecutive big orders with tens of thousands of hands just now? It's quite impressive. However, if Beixin Road Bridge doesn't undergo a violent change of hands today, I'm afraid it will be difficult to close the market. After all, there are really a lot of profit margins on the market."

"Today is obviously a day of divergence between the two main lines of "infrastructure" and "state-owned enterprise reform." "

"Originally, I wanted to attract some Beixin Luqiao chips at the low opening, but it suddenly increased by 7 or 8 points, and I felt that it was no longer cost-effective. Hey... it's really difficult!"

"Indeed, if it fluctuates at a low level, the Beixin Road Bridge is still attractive today, but now... we can only forget it."

"The main reason is that the fourth board is very difficult, and I am not sure whether Mr. Su's "resurrection path" seat will continue to be locked today. "

"Relatively speaking, it's better to switch between high and low prices, right?"

"Today's market sentiment is still not very good. In addition, the turnover rate on the three boards in front of Beixin Road Bridge is relatively insufficient, and the profit margin on the market is too heavy. Otherwise, I would have taken it. After all, looking at the two cities, this check is still the most popular. Yes, if we really pull it up, the following effect of funds from all walks of life will not be bad.”

"Wait patiently, I don't believe this turnover rate, someone dares to continue to block the board."

Amid heated discussions among hot money players and cautious optimism...

Sure enough, the rapidly rising Beixin Road Bridge, without the main funds to continue to hold high and close the market upward, its trend briefly fluctuated around 7 or 8 points for a while, and then began to fall again on heavy volume, at 9 o'clock Around 38 minutes, the increase dropped back to 4.75%.

"Haha, let me tell you, there is not enough change of hands, so it is impossible to seal the board directly upward!"

Amid the market changes in the two cities, the Yuhang hot money group, where the news continues to be refreshed, those who had previously predicted the trend of Beixin Road and Bridge could not help but sigh.

"It seems that today is indeed a day of divergence between the two main lines of "infrastructure" and "state-owned enterprise reform." "

"The divergence is good, it just attracts some chips at a low level."

"It's not very easy to attract funds. Many popular stocks on the two main lines of "infrastructure" and "state-owned enterprise reform" did not break yesterday's intraday low at all. "

"If you don't break yesterday's intraday low, it will be a good time to accumulate funds."

"Yes, if it breaks yesterday's intraday low, I'm afraid it will have to continue to adjust downwards."

"Judging from the trading situation at the opening of the market, the market has shrunk a lot today, and the index opened low, which did not trigger panic selling. It is estimated that the index will be able to stay sideways here today."

"Indeed, I feel that the market investment sentiment is much better than when the market opened."

"It still depends on whether the trend of the core popular stocks in the fields of "infrastructure" and "state-owned enterprise reform" such as Beixin Road and Bridge, Shibei High-tech, China Railway, and China Metallurgical can be stabilized here? If these stocks can stabilize within half an hour of opening, then today's sentiment will most likely remain the same, and the index is expected to fluctuate more gently. "

"Today, the market prices of the two main lines of "infrastructure" and "state-owned enterprise reform" have been adjusted, but I feel that there is no continuous market trend in other lines. The logic of "growth stocks" in the direction of small and medium-sized boards and GEM, and "mobile Internet" ” and “smartphone industry chain”, these two main early market trends, are there really no prospects? "

"The current money-making effect of the market is accumulated on the two lines of "infrastructure" and "state-owned enterprise reform." The other main lines... for the time being, there is indeed no sign of main funds making moves. "

"The two major areas of medicine and consumption have attracted a lot of funds since the market opened."

"However, in terms of current logic and expectations, these two major areas are still far behind the two core main lines of "infrastructure" and "state-owned enterprise reform." Given the height of the hype, there may be little room for them. "

"Pharmaceuticals and consumption are safe-haven sectors. At this time...

Although the index has been adjusted briefly, the overall trend is still in a rebound cycle. In this case, as long as the index adjustment ends and starts to rise again, defensive sectors such as medicine and consumption will soon be abandoned by the main funds. So... I feel that medicine and consumption, which performed well at the opening today, currently have no basis for sustained market movements. In comparison, they are still investment and speculation opportunities in the two core lines of "infrastructure" and "state-owned enterprise reform", and more Bigger. "

"Since the rebound is not over yet, then just stick to the two core conceptual areas of "state-owned enterprise reform" and "infrastructure" and keep doing it. "

"Yes, in fact, the main line market, the divergence adjustment stage after the first wave, is the best time to adjust positions and exchange stocks, and further determine the direction of investment and speculation."

"Today's "high-low switching" hype also revolves around the two main lines of "infrastructure" and "state-owned enterprise reform." "

"This shows that the directions in which various funds in the market are attacking and optimistic about have actually remained unchanged."

"That said, I feel like I can continue to buy Beixin Road and Bridge."

"I also feel that although the fourth board of the Beixin Road Bridge is difficult today, the overall upward trend is far from over."

"Looking back at the stocks that were speculated by Mr. Su last year, from Shanghai Steel Union to Waigaoqiao to Potential Hengxin, which one did not rise several times? Looking at Beixin Road and Bridge, it has only reached the third level since its launch. The market, the increase is not even 50%, the space can be said to have just opened up. According to Mr. Su’s stock selection and speculation logic, even if the market doubles at the minimum, there will still be an increase of at least 50%. Looking at the current situation... it is completely possible. I will continue to participate in the relay.”

"In that case, fuck him!"

The messages in the group were refreshed rapidly, and everyone was discussing fiercely...

The time quickly passed 10 o'clock. After the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index and ChiNext Index rose rapidly for a period of time at the beginning of the market, they began to maintain a low and volatile pattern. At the same time, the time-sharing trading volume of the two cities also began to gradually decline compared with yesterday. Among them, the two main areas of "state-owned enterprise reform" and "infrastructure", which are the two cities' greatest concern, have also begun to maintain a volatile trend of continued shrinkage after slowly falling to near yesterday's intraday low.

And this oscillating trend was maintained until the closing, amid the interweaving of buying and selling.

Finally, at 3 o'clock in the afternoon, when the market prices of the two cities were fixed, the Shanghai Index closed at 2157.16 points, down 0.84%. It was only one point different from the 2158.16 points at the opening, while the Shenzhen Index and the ChiNext Index fell by 1.05 points respectively. % and 1.13%, still significantly weaker than the Shanghai Index.

In addition to indexes, there are also industry sectors, concept sectors, and individual stocks.

I saw that the two major hedging sectors, pharmaceutical and consumer, performed relatively well today. The sector indexes all turned red. Among them, core stocks, such as Gree Electric Appliances, Midea Group, Changchun High-tech and other high-quality white horse stocks, bucked the trend and rose evenly. Reaching more than 3%.

As for core stocks in the two core main areas of "infrastructure" and "state-owned enterprise reform" that have attracted much market attention.

As well as "growth stocks" related to "mobile Internet" and "smartphone industry chain" in the direction of small and medium-sized boards and GEM.

Today, they all underperformed the market and led the decline of the two cities. Among them, Internet Speed ​​Technology rarely fell by 5%, hitting a new low for the year. LeTV and Huayi Brothers also fell by 3%, setting a new low for the year; while China Railway and China Railway The declines of a number of core blue-chip stocks in "infrastructure" and "state-owned enterprise reform" such as China Metallurgical Corporation, Huagong International, and China Communications Construction were distributed between 2% and 5%, basically around the intraday low set on Sunday. Shock.

Of course, stocks that are speculating on core concepts in the fields of "infrastructure" and "state-owned enterprise reform", such as Beixin Road and Bridge, Shibei High-tech, Shanghai Sanmao, Pudong Development, Shanghai Construction Engineering, etc., have relatively maintained their strong status today. , after violent shocks, all closed in the red, among which... Although Beixin Road and Bridge did not complete 4 consecutive boards, further opening up the market's upward speculation space, it also maintained a 5% increase, setting a single-week increase of more than 40% With this record, it topped the weekly gainer lists of the two cities, and also occupied the first position on the popularity list of popular stocks in the two cities.

In addition to the performance of indexes, sectors, and individual stocks...

The overall transaction volume of the two cities today, compared with yesterday

On the same day, there was also a significant shrinkage. The transaction volume shrank directly from more than 100 billion yesterday to about 90 billion, of which the Shanghai stock market transaction was more than 48 billion and the Shenzhen stock market transaction was more than 44 billion. In terms of transaction volume performance, it remains the same. It shows that the Shanghai stock market is more active than the Shenzhen stock market.

Faced with such closing results, all investor groups in the two cities.

There are those who complain, there are those who are happy, there are those who are pleased, there are those who are satisfied...

Generally speaking, the pattern and trend of the market has slightly disappointed some investors who have full expectations, high enthusiasm, and are accustomed to short-term speculation; but for those investors whose expectations are not high, or who have not caught up with the market before. , for some investor groups who are short-term, they are happy and gratified.

After all, several major indexes failed to maintain their strong status today and closed positive again.

However, compared with the external stock market's frequent declines of 3% and 4%, this is already a relatively strong and relatively ideal result.

What's more, the market fluctuated greatly yesterday, and the 2200-point breakthrough failed, which also relatively dampened the market's bullish sentiment. Today, the market can stabilize without panic selling, which is already a pretty good trend.

Of course, although the trend of the index is relatively strong compared to the outside world.

However, under the influence of the bearish sentiment that enveloped the global financial market, and the fact that the index actually closed down, and the closing result was further and further away from the 2200-point mark, the entire market's expected expectations for the market outlook, as well as the entire bullish sentiment, were still greatly affected. A big blow, with obvious signs of decline.

"Compared to yesterday, the market has shrunk so much."

Yu Hang, inside Minghui Capital, in the main fund trading room, the fund manager He Hong, after a brief review, looked at the two markets that had been fixed for a long time, and frowned: "The index has not been red today, and it has caught up with yesterday's high. Yes, basically everyone was trapped today, and the market outlook... is not optimistic!"

"I feel that the market outlook is quite optimistic." Beside He Hong, general manager Xu Zhongji said with a smile.

He Hong looked back at Xu Zhongji and asked, "What is Mr. Xu's logic for being optimistic about the market outlook?"

"Although the index closed down today, compared with the external performance, its shock trend is still very strong." Xu Zhongji said, "And if you look at the two core main lines of "infrastructure" and "state-owned enterprise reform," although these two core main lines Today is generally weaker than the market, but its core popular stocks have basically not fallen below yesterday's intraday lows. Our fund's bottom-buying positions yesterday have basically remained near the cost line today, and have not suffered much losses? This shows that the bottom support of these two main lines is quite strong, and the market has a high probability that it has not finished. "

"As for this round of market rebound, the core market focus is on the two core themes of "infrastructure" and "state-owned enterprise reform." "

"It can be said that this week's rebound is driven by the two core main lines of "infrastructure" and "state-owned enterprise reform." And now...since the market for these two main lines has not finished, it means that the index market has also It has not finished its run, and there is a high probability that the Shanghai Stock Index will continue to rise in the market outlook and continue to hit 2,200 points. "

"As for whether it can finally stand firm at 2200 points, it will really open up the market outlook."

"It depends on the further development of the market and the performance of the external market."

"And today's market has shrunk significantly compared to yesterday. I don't think this is a bad thing. In the rebound trend of the market, the market does not have to continue to increase volume."

"Occasionally stopping to reduce the volume and digest the floating chips may be more conducive to the development of the market outlook."

"But the external market... feels like there are signs of collapse!" He Hong admitted that what Xu Zhongji said did have some logical support for the market to continue to rebound, but he still had to worry in his heart, "From the perspective of historical development, Look, there has never been a precedent for A-shares to move independently from U.S. stocks."

"The rise of U.S. stocks last year can be said to be unique in the world." Xu Zhongji said, "It should be normal to adjust a little this year, right? And from the current point of view... the long bull trend of U.S. stocks for many years has not been broken. Short-term adjustments should be It will not affect the long-term trend. Furthermore...from a macro perspective, this year's global economic development is expected to be

Obviously better than last year. "

"Under the expectation of global economic recovery, the U.S. stock market, as the world's most important stock trading market, should respond."

"Anyway..."

Xu Zhongji paused and continued: "At this position, it is not appropriate to be overly pessimistic. After all, even if the index continues to fall back, how much can it fall to the maximum? Back to 2,000 points? Or a new low of 1,800 points? No matter how you look at it... …At this location, there is not much space downwards, but there is unlimited room for imagination upwards.”

"Furthermore, in recent days, so much new main funds have flowed into the market."

"These main funds are not for charity. If we don't create room for improvement, will we let them ship the goods with the profits from the current market liquidity?"

He Hong knew that Xu Zhongji's last words were about Mr. Su who was invested by Yuhang. After thinking about it, from the perspective of the chip game, it was indeed the truth. The worry in his heart relaxed slightly and said: "Then Just listen to Mr. Xu and take a look at it later. If the index continues to go down and the volume increases again, then we should stop the loss in time and change our strategy."

"Well, let's take another look!" Xu Zhongji responded lightly.

Then, when he saw that the time had reached 5:30 pm, the trader couldn't help but adjust the big screen of the trading room to the refreshed dragon and tiger list interface of the two cities.

After a day of shrinkage and shock, there are 7 fewer stocks on the list today than yesterday.

Among them, in the two main areas of "infrastructure" and "state-owned enterprise reform", Shibei High-tech, Beixin Road and Bridge, Shanghai Sanmao, Kumho Group, China Fortune Land Development, and Bayi Steel continue to be on the list.

"There are still no seats on the "Fortune Road" and "Resurgence Road", so Mr. Su continues to lock up positions! "

Seeing the refreshed data on the Dragon and Tiger List, countless investors who were paying attention couldn't help but sigh after searching for it.

"Nothing is a good thing. Mr. Su's locking up the position proves that Mr. Su continues to be optimistic about the market outlook. It also proves that today's index retreat is a benign correction."

"Hey, I'm scared to death. I saw such heavy selling on the Beixin Road Bridge today. I thought President Su had already left."

"Mr. Su continues to lock up. If I had known earlier, I would have gone to Beixin Road Bridge today."

"Not only did Mr. Su's seat not come out, China Fortune Land Development's "First Securities Shenzhen Huaxin Road Sales Department" also didn't come out, and Boss Ge also locked up his position. "

"Not only did Brother Ge lock up his position, Jiefang South Road also increased his position!"

"Let me go, it's true, the chief helmsman has purchased an additional 20 million yuan each from Shibei Hi-tech and Beixin Road and Bridge!"

"Everyone, none of you came out."

"There are also institutional seats. China Fortune Land Development still has institutional seats that are buying today."

"The two checks of China Railway and China Metallurgical Corporation are not on the list today. I don't know if the leader of "Chunhui Road" Zhang is still there, and I don't know if the institutional seats are also increasing their positions in these two core blue-chip stocks. "

"Stocks that are not on the list cannot be controlled, but judging from the stocks on the list alone, the news that the main funds have not left is enough."

"Indeed, this is enough to show that the two main lines of "infrastructure" and "state-owned enterprise reform" are not over. "

"Hey, today's Dragon and Tiger ranking data are indeed very good overall, but weren't yesterday's Dragon and Tiger ranking data also very good? Did it affect today's market drop?"

“So, it’s not enough to just look at domestic stock market news. The impact of U.S. stocks must also be considered!”

"The external stock market won't fall sharply tonight, right?"

"It's hard to say. I feel that because of the two consecutive days of sharp declines in the US stock market, a shadow of panic has enveloped the global financial market. And our Big A has always been the weakest in the world, and the probability of not following suit is extremely small, so... Considering the extreme conditions in the periphery, we still have to be cautious.”

"But it's Friday today, so I can take a gamble on the weekend news, right?"

"I feel like there won't be any good news!"

"Don't expect big gains or anything like that, just don't expect negatives."

“I still say the same thing, it’s useless to analyze so much, our information channels and our understanding of the market

Understand that it is impossible to surpass those big institutional analysts and traders, so... I think following the smartest main players in the market is the most convenient and effective method. Since Mr. Su continues to lock up positions, after the huge market shock yesterday and today Although the market is falling and there is still no stock out, there is no need for us to panic. "

"Yes, since Mr. Su hasn't come out, let's just follow suit and lock the warehouse."

"After all, when it comes to running, Mr. Su can run. We have so much smaller funds, so we can definitely run too."

"I'm afraid that the U.S. stock market will continue to plummet tonight, and there will be another bad news over the weekend, and next week the index will jump short and open lower, and everything will be suppressed."

"I'm afraid of this and that. In a weak market, I feel like I can't make any money."

"I feel that in terms of operation, it is better to simplify the complex. Anyway, I will accept death. If Mr. Su doesn't come out, I won't come out. I will take it this round. I don't believe it. The index can fall back to 2,000 points. "

Many investors are having heated discussions about the data on the Dragon and Tiger List.

As time goes by, the long-short sentiment of the entire market remains in a stalemate until... U.S. stocks opened in the evening, shrouded in short sentiment. U.S. stocks opened lower, opened lower and moved higher strongly, recovering a lot from yesterday's plunge. After the decline, the long-short sentiment in the domestic market reversed.

Then, two days on the weekend.

Regulators were already in a bullish mood in the market and did not continue to stimulate the market. The news was calm.

In the end, when the news was calm, the external market trend improved, and the worries about the collapse of the US stock market gradually dissipated, on Monday, April 28, the two markets opened again.

However, to everyone's surprise...

After two days of emotional fermentation over the weekend, bullish sentiment prevailed.

After the market opened slightly higher, it did not stabilize for even 10 minutes and continued to fall underwater, entering the same shrinking and volatile situation as last Friday.

And this volatile situation was maintained from the beginning of the market to the close.

Finally, the Shanghai Composite Index closed down 0.56%, with the point further falling to 2146.39. The Shenzhen Stock Exchange Index and the ChiNext Index fell nearly 1% again, which was weaker than the performance of the Shanghai Stock Exchange.

In addition, the index performance exceeded everyone's expectations.

The turnover of the two cities has also further declined, from more than 90 billion on Friday to more than 88 billion. The pattern of Shanghai stock market turnover being greater than Shenzhen stock market turnover has not changed, and consumption and medicine performed strongly on Friday. The sector has become a one-stop market, and the two core themes of "infrastructure" and "state-owned enterprise reform" have once again taken the lead, maintaining the trend of shrinking and oscillating red stocks, and once again showing a performance that is stronger than the market.

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