Chapter 402: Market ‘Pendulum Effect’!

"No," Xu Xiang said, "Lao Qiao's news is usually credible."

Zhou Kan responded: "Today's data on the Dragon and Tiger List, as well as the trend reaction, are a bit abnormal, and... Mr. Su, the person invested by Yuhang, seems to have no movement at all!"

Xu Xiang pondered for a while and said: "It is estimated that after there were a few rumors, the news was blocked internally, resulting in no change in the market's expectations in this regard. Let's take a look first... Although Yuhang's investment Mr. Su can still maintain his composure, but the potential negative pressure on the market will only cause the long-short differences in the market to become wider and wider. The 2,500 points for the Shanghai Composite Index that everyone originally expected will not be easily surpassed."

"Then shall we change our trading strategy?" Zhou Kan asked.

Xu Xiang thought for a while and responded: "Let's take a look at the market trend tomorrow. If emotions are exhausted and market differences increase, there will be nothing to hesitate."

"Okay!" Zhou Kan responded.

In fact, both he and Xu Xiang hope that the index can stably cross 2,500 points before entering the adjustment stage. After all, only in this way can the market further open up the space for subsequent market movements and boost the confidence and expectations of investor groups both on and off the market. Lift it even further.

However, hope is hope when the news changes significantly and the long-short differences in the market become prominent.

As fund managers, they can only follow market changes and make corresponding adjustments to trading strategies to ensure the performance of the fund.

Of course, except for institutional investors like Xu Xiang and Qin Qiuyue who secretly receive uncertain news.

I am wondering about the subsequent trend of the market and thinking about adjusting my trading strategy.

In addition, 99.9% of the vast majority of investors, both on and off the market, saw the bullish sentiment in their hearts after seeing the data on the Dragon and Tiger List that was basically in line with expectations, as well as their various market outlook thoughts about the Shanghai Stock Index 2,500 points and even the bull market. There was no slightest hint of decline or hesitation.

Everyone is still extremely excited and looks forward to the Shanghai Stock Index reaching new highs tomorrow.

We look forward to the continued money-making effect of the market and going even further.

"Sure enough, let me tell you, Mr. Su will definitely continue to lock up positions. This wave of Beixin Road and Bridge will definitely come out in a space that everyone did not expect."

"When every bull market starts, iconic bull stocks have room for at least 5 times or even 10 times the price."

"I feel that Beixin Road and Bridge is the iconic bull stock that started this bull market."

"Furthermore, the two core themes of 'infrastructure' and 'state-owned enterprise reform' will definitely be the biggest themes of speculation throughout this bull market."

"On the monthly K line of the Shanghai Stock Exchange Index, the golden cross is almost obvious. I feel that this is the first stage of the bull market. There is no mistake."

“The Shanghai Stock Exchange Index will definitely hit 2,500 points this week!”

"Mr. Su continues to lock up the position. Beixin Road and Bridge will definitely continue to rise tomorrow. The trend of the big monster has become true. This check is definitely the number one bull stock this year."

"The Shanghai Stock Index's breakthrough of 2,500 points will obviously be driven by the two core themes of 'infrastructure' and 'state-owned enterprise reform.'"

"At this time, just buy stocks that focus on the two main areas of 'infrastructure' and 'state-owned enterprise reform'. Making money... is not too easy."

"Haha...the market has been really good these days."

"Thank you, Mr. Su. I have been holding the ticket for three years, and today I finally got rid of it. However, I didn't sell it. I will continue to hold it until the Shanghai Stock Exchange Index jumps over 2,500 points."

"I chased Beixin Luqiao halfway, and now I have earned 5 boards, haha... I finally have a good situation!"

"Damn it, I made 5 boards, I'm so envious! I followed MCC, and now I'm only making about 20% of the profit, hey... But the trend of MCC today is not very good, the daily limit was hit, and in the afternoon It fluctuated all the way down, closing with only a 5-point gain, and I always feel like there will be a correction tomorrow.”

"No, don't worry, the index will definitely continue to fluctuate higher tomorrow."

"Yes, the Shanghai Stock Index is just a hair away from 2,500 points, and the market is currently so strong in making money, the trading volume has also increased, basically stable at around 130 billion, and has reached near the high point of last year's trading volume. Under this situation... ...I don’t believe that 2,500 points cannot be broken.”

"It is quite difficult to seal the daily limit for blue-chip large-cap stocks. As long as the trend does not change, I think there is nothing to fear. According to the K-line trends of stocks such as 'Huaguo Construction, Huaguo Railway Construction, and Huaguo MCC' It seems that these core votes will definitely continue to rise.”

"With the 'Nine Articles of the New Country' as the guiding opinion, regulators will definitely continue to release benefits to the market. In addition, looking at the trend of US stocks in the external market, it is obvious that it is about to reverse. In fact, the bull market pattern of US stocks has not changed. It’s time for A to follow.”

“Before, I thought that after the Shanghai Stock Index jumped over 2200 points, it would step back to find a buying point. But... I didn’t expect that the Shanghai Stock Index would go straight to 2400 points. As a result, I watched the index and stock price rise all the way, and I didn’t even have time to stop. Adding positions at a low level, hey... I will definitely not miss the opportunity this time. I must increase my positions. I feel that the position of 2,500 points will definitely not be able to stop the Shanghai Stock Exchange Index. Looking at the market trend, it is possible to go straight to 3,000 points."

"The earlier you buy, the earlier you make money. The more you hesitate, the more you will have to chase higher later."

"Since Mr. Su completed the opening of the position, one stock has not moved. It is said that stocks only cover stocks when it is a bull market. According to Mr. Su's trading strategy, the market at this moment is definitely a bull market."

"From around 2000 points, all the way to close to 2500 points now, there is no obvious correction in the whole process. Isn't this a bull market?"

"Yes, yes, it's a bull market!"

“When the Shanghai Stock Exchange Index really stands at 2,500 points, I want to raise more leverage.”

"Financing is still a bit leisurely, but at this stage, when confidence and market volume have been fully restored, it is really not appropriate to be bearish anymore."

“I carefully studied Mr. Su’s post on the forum last year, as well as Mr. Su’s public speech on the market at the Oriental Fortune website investment exchange summit on May Day, and determined that the current market is In a bull market, nothing can go wrong.”

"Stop talking, let's raise money and continue to increase our positions when the market opens tomorrow."

"At this stage, if you buy it, you will make a profit, so I also raised money."

"Holy shit, I'm so excited. I haven't paid attention to the stock market in the past year. Looking at everyone's enthusiasm, it seems that the bull market is really coming."

"I hope that the Beixin Road and Bridge will continue to fail tomorrow, so that I can make back all the money I lost at the beginning of the year and last year. I hope that the Shanghai Stock Exchange Index can stand above 2,500 points, further stimulating market confidence and opening up room for upwards."

In the fierce and heated discussion among the majority of retail investors.

In the evening, on the surface, the market news was still calm. The financial media, financial influencers, analysts from various institutions and even investment consultants were still brainlessly bullish, using various far-fetched logics to prove that the Shanghai Stock Exchange Index was certain. It was able to jump over the 2,500-point dividing line between bulls and bears. At the same time, U.S. stocks also opened higher at the beginning of the session as expected, further stimulating the market's bullish sentiment.

Of course, the voices of the bulls are flooding around every investor group at the moment.

In the atmosphere where the hustle and bustle of the 'bull market' has begun to ferment and spread rapidly.

There are also very few investors who have put forward different views after in-depth analysis. However, this view has attracted no attention at all and cannot have any influence under the overwhelming trend.

However, within a small number of large institutions with state-owned assets background, and among very few investors with extensive connections and intelligence information.

Even though the internal meeting resolution on the 'market IPO relaunch', as well as the relevant issuance review and subscription policies, are still top secret, these people have already smelled it and are quietly making new trading strategies, or some of them Relevant responses have been made in advance today.

In this situation, the market is calm on the surface, but secretly, the undercurrent is getting bigger and bigger.

On Thursday, May 15, the market ushered in its second trading day.

Unsurprisingly, under the market's hot bull sentiment and quite strong and unanimous expectations, at 9:15 a.m., the moment the call auction began in the two cities, the entire market opened higher, and individual stocks in the two cities, except for suspended stocks, , about 83% of the stocks achieved red market gains, among which the concept sectors and industry sectors related to the two core market core lines of 'infrastructure' and 'state-owned enterprise reform' still led the gains in the two cities.

"Beixin Road and Bridge continued to open higher by more than 5% today despite a huge increase in volume yesterday, and Beixin Communications Construction even opened higher near the daily limit." At this moment, within Yuhang and Yuhang Investment Company, funds In the trading room, Li Meng stared at the initial collective bidding situation of the two cities, and was a little surprised. "Yesterday, the market had a clear trend of rising and falling, and there was no unexpected positive news in the evening. When the market opened today, the market was still open. With this being the case, the market sentiment and expectations at this time are really strong!”

"In the consistent upward trend, if there is no negative, it is positive." Su Yu stared intently at the big screen in the trading room, observing the market trends of the two cities, and then responded, "In a situation where market sentiment and expectations are extremely strong, Under this situation, the vast majority of investors do not have the ability to clearly judge themselves. They will only hear and see everything they want to hear and see in the loudest noise in the market."

"At the same time, emotions have an amplifying effect after they are gathered together."

“That is, in a comprehensive bullish mood, the good effects will be amplified, while the bad effects will be deliberately ignored. Similarly, in a comprehensive short mood, the bad effects will also be fully amplified, while the good effects will be ignored. Will be intentionally ignored, and there is... As long as you pay attention to this market and trade in this market, in fact everyone has certain cognitive barriers. When interests are related, they only want to see everything they want to see, and for themselves What you don’t want to see is often ignored.”

"Yeah!" Li Meng responded, "This is the basis of the trading theory of 'when you hold a hammer, everything you look at is nails', right?"

Su Yu smiled and said: "Absolutely. This kind of emotional and cognitive relationship is also the root of the market's 'pendulum effect'. Similarly, it is also the source of the market's excess profits. After all, only when the market deviates from the reasonable trading area and extreme deviations occur, can Really a great place to buy or sell.”

"You mean, today is the best selling point?" Li Meng responded with a smile.

"That's right!" Su Yu nodded and continued, "As time goes by, the negative news will definitely become more and more obvious, and in this process, the market is still rising, which means that the market The profits within the market are still increasing. These are potential huge selling forces after the wind direction changes."

"In other words, the market continues to rise over time."

"It seems that market sentiment and confidence are getting stronger and stronger, but in fact the long-short pattern has been slowly reversed."

"Of course, this is a short-term selling point, but it is not a long-term selling point. After all, from a macro analysis, all market conditions are slowly improving."

"It's not only a selling point, but also an excellent opportunity to adjust positions!" Li Meng understood what Su Yu meant, paused for a while, and continued to ask, "You estimate that the news is negative, and the long and short forces in the market are quickly imbalanced, the index Where will the rapid downward correction be? Will it fall back to 2,200 points, or fall back to the bottom shock range of 2,000 to 2,200 points?"

Su Yu thought for a while and said: "It is estimated that the probability of 2200 points will be higher. After all, the negative effects of the 'IPO restart' are a bit sudden for the majority of investors in the market at this time, but it is not completely beyond expectations. , because everyone knows that IPO cannot be suspended forever and will inevitably restart, so when this major negative impact is truly digested, the market will usher in new opportunities."

“There is also the new ‘IPO issuance review’ policy.”

"Compared with the issuance plan at the beginning of the year, the regulatory authorities have made significant adjustments in terms of issuance scale and discovery valuation, both of which have been reduced. At the same time, adjustments have also been made to the subscription plan, and most of the proportions of new share issuance have been adjusted to Online subscription, and online subscription requires the market value of the position to match.”

"Generally speaking, although this 'IPO New Deal' is negative for the market, its impact is very limited. The blood-sucking effect on active funds on the market will be greatly reduced compared with the beginning of the year. Moreover, after more than a month, the market has As time continues to rise, both sentiment and confidence have been greatly restored.”

"Currently, the main constraints on the market's upward expansion space are the mountains of profit-making orders on the market and the huge amount of hold-up orders that gathered here in the early stage. Now the hold-up orders in this range should have been almost digested. The biggest potential pressure is only All that’s left is profit taking to accumulate in the short term.”

"As long as we take advantage of the short-term negative impact of the IPO restart, we can wash out these profits."

"After the sharp adjustment of the index, the upward pressure has become lighter."

“Therefore, the downward negative effects are limited, and the regulators are eager for a bull market to completely open up direct financing channels in the market. So when the market is hit by negative impacts, they will inevitably continue to release good news to offset it as much as possible. Stabilize the market confidence that has finally been restored."

"Therefore, even if the index encounters a negative attack, it is unlikely to fall back to the bottom shock range of 2,000 points to 2,200 points. The market's pendulum effect... should not be that big this time."

"Hopefully!" Li Meng stared at the still hot call auction trends in the two cities and responded, "It has been six years since the last bull market. Hundreds of millions of investors are eagerly looking forward to the macroeconomic and fundamentals of various important industries. , sentiment... have all reached a clearly visible turning point, and the macro trend of the index should also change."

While the two were discussing, at this moment, the time had passed 9:20.

I saw that with the withdrawal of countless funds at the last moment of 9:19, the final call auction situation presented by the market, although it was somewhat lower than that of 9:15, still maintained an obvious overall high opening trend. Among them, , the stock price of Beixin Road and Bridge, the most popular stock in the two cities, continued to rise despite the explosive volume of 46,000 lots, exceeding the highest point of increase at 9:15.

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