Chapter 820: Key points of strategy for reducing positions and taking profits!

At 9:31, it only takes one minute to open.

'Huake Shuguang' quickly closed its daily limit, and its stock price hit a new high since its listing. It also released all the chips that had been invested in this stock in the previous few trading days, and suppressed the market's short-term speculation sentiment and 'sub-new stock' speculation sentiment. , leading directly to the climax.

At 9:32, ‘Blue Stone Heavy Equipment’ changed hands significantly, and its stock price fluctuated violently around a 5% increase.

At 9:33, the two core popular sector indexes, the 'Internet Finance' sector index and the 'Securities' sector index, quickly broke through the 1% increase mark.

At 9:34, ‘Great Wisdom’ hit the daily limit again.

At 9:35, ‘Great Wisdom’, under the continuous attack of 10,000 large buying orders, once again sealed the daily limit, and the stock price also hit a record high.

At 9:36, the stock price of Flush Flush fluctuated rapidly and rose, touching the 5% increase mark during the day.

At 9:37, the Shanghai Stock Index touched a 1% increase during the day.

At 9:38, 'Huagong International', 'Huaguo Construction', 'Huaguo MCC', 'Huaguo China Railway', 'Huaguo Communications Construction', 'Huaguo Railway Construction'... and other names with Chinese prefixes ''s infrastructure-heavy stocks have all risen simultaneously. Among them, MCC's growth rate has exceeded 5%, and its stock price has reached a new annual high.

At 9:39, the A50 index's intraday increase expanded to 5%.

At 9:40, the two major weighted industry sector indexes of banking and insurance also exceeded the 1% increase position, while the securities sector index and the Internet finance sector index were already rising almost in a straight line, exceeding 65% to 75%. within the growth range.

At 9:41, the intraday increase of ‘Huaxin Securities’ exceeded 5%, and the transaction volume in 10 minutes reached 1.2 billion.

At 9:42, "Xiangcai Securities" rose straight up again, and the stock price hit the daily limit.

At 9:43, the stock price of 'Xiangcai Securities' hit the daily limit and formed a three-board trend, successfully becoming the new leader in the entire securities sector. Moreover, with the rapid daily limit of 'Xiangcai Securities', Western Securities , Huazhong Capital, Harbin Investment Capital, Southwest Securities, Huaxin Securities, Pacific Securities... and other related stocks also followed the trend and rose. Among them, 'Harbin Investment Capital' rose by about 7%.

At 9:44, the 'Film and Television Media' sector rose straight up, and 'Huace Film and Television' hit the daily limit.

At 9:45, 'Huace Film and Television' successfully hit the daily limit, and the 'Film and Television Media' sector index rose by more than 1%. At the same time, the GEM Index, Shenzhen Stock Exchange Index, and the Small and Medium Enterprises Index were also driven up by several relatively weak indexes. , among them, the growth rate of the GEM index has exceeded 6%.

At 9:46, ‘Quantong Education’ followed the trend and the intraday increase quickly expanded to 5%.

At 9:47, as the stock price of "Quantong Education" rose rapidly, the concept sector of "Internet Online Education" also followed the trend and rose.

At 9:48, the stock price of ‘Blue Stone Heavy Equipment’ exceeded the 7% increase mark.

At 9:49, as the stock price of 'Blue Stone Heavy Equipment' exceeded the 7% increase, the 'National Defense and Military Industry' industry sector was driven, and stocks such as 'China Airlines Heavy Machinery', 'Aerospace Development', and 'Hongdu Aviation' followed the trend and rose rapidly. .

At 9:50, the ‘commercial real estate development’ sector rose, and ‘Kumho Group’ once again hit the daily limit. At the same time, two popular real estate stocks, Gemdale Group and China Fortune Land Development, also hit the 5% increase in the day.

At 9:51, the stock price of ‘Fushun Special Steel’ broke through rapidly and followed the trend and rose sharply.

At 9:52, ‘Yingkou Port’ also moved again, with the ‘port and shipping’ sector, as well as the ‘Shanghai Free Trade Zone’, ‘Northeast Revitalization’, and ‘Eurasian Economic Belt’, several major concept sectors rising rapidly.

At 9:53, the stock price of 'Fushun Special Steel' hit the daily limit, driving the 'steel' sector to an all-out attack.

At 9:54, 'Fushun Special Steel' sealed its daily limit, and its stock price once again hit a new yearly high. At the same time, the 'steel' sector index rose by more than 1% during the day.

At 9:55, the Shanghai Stock Index rose to 2%, continuing to set new market highs and annual highs.

At 9:56, the stock prices of ‘Huaxin Cement’ and ‘Huaxin Building Materials’ changed.

At 9:57, the A50 index broke through the 7% increase position during the day and continued to advance rapidly with heavy volume.

At 9:58, the stock price of Shanghai Pudong Development Bank rose by more than 5% during the day.

At 9:59, ‘Hua Guo Taibao’ rose by more than 5%.

At 10 a.m., the number of stocks that naturally changed hands in the two cities exceeded the daily limit, breaking through the 40 scale again, and the top 20 popular stocks that were discussed and paid attention to by market investors all had an intraday increase of less than 2%. Moreover, among them, 8 stocks have already reached their daily limit.

At 10:01, the total turnover of the two cities in half an hour reached more than 160 billion. Compared with the same time period yesterday, it continued to show a trend of heavy volume.

At 10:02, ‘China South Locomotive’ and ‘China North Locomotive and Rolling Stock Company’ moved forward together again.

At 10:03, the day-to-day gains of the securities sector index and the Internet financial sector index exceeded 3% again, and continued to lead the gains of the two cities.

At 10:04, within the main line of 'big finance', the total net inflow of main funds in the three core weight sectors of securities, insurance, and banking once again reached the 2 billion mark. At the same time, the total main funds in the 'big infrastructure' related industry sectors The inflow trend, as well as the main capital inflow trend in the 'National Defense and Military Industry' industry sector, both showed a large net inflow. The active main capital groups in the two cities are still gathering towards these three main lines as the market trading time goes by. And they are frantically scrambling to acquire relevant core weight stocks.

At 10:05, the "big consumption" sector did not rise but fell, especially the "liquor beverage" sector, which actually hit a new low in recent days.

At 10:06, the intraday gains of the two core stocks of the 'Internet Finance' sector, 'Oriental Fortune' and 'Hengsheng Electronics', exceeded the 5% mark. Among them, the intraday trading volume of 'Oriental Fortune' in more than half an hour, It has been greatly enlarged to the 1 billion mark.

At 10:07, ‘Flush’ began to hit the daily limit with an explosion of 800 million.

At 10:08, the stock price of 'Tonghuashun' hit the daily limit. At the same time, a large number of related concept stocks such as 'Huake Financial', 'Jinzheng Shares', 'Yinjie Technology', 'Changliang Technology', 'Tianyu Information'... Following the rise, the stock price of 'Hua Ke Financial' reached an increase of 8%.

At 10:09, Flush's stock price hit its daily limit, and its stock price continued to hit a record high.

"Holy shit, this market is crazy, really crazy, right?" At around 10:12, within Yuhang and Yuhang Investment Company, Wang Can, who had been watching the changes in the market prices of the two markets, saw that the 'flush' check was strongly sealed again. The price limit was dead, and within one or two minutes, the order reached more than 300,000 lots. I was extremely shocked. I was surprised and sighed, "It's crazy to be able to continue to seal the daily limit at such a high position. The funds taken over by following the trend are simply crazy. crazy!"

When the market was in a comprehensive bull market, he was still studying and did not enter the market.

Therefore, in his cognition, he has not really witnessed the madness of the bull market.

At this moment, it is so shocking to see such a crazy continuous short squeeze and rising trend in the market, as well as the continuous daily limit trend of many popular stocks.

"If we just analyze the 'Flush' check, its position is actually not high." Zhao Lijun heard Wang Can's words and responded, "The level of a stock's stock price does not depend on how much it has risen, nor its previous position. How much depends on the fundamental changes corresponding to this check.

And there is no doubt about it...

With the flush check, the fundamental changes have been extremely drastic.

After the market has continued to improve for more than half a year, 'Flush', as a first-mover stock trading platform and financial information integration platform in the mobile Internet era, has experienced explosive growth in user volume, far exceeding the market's transaction volume. , and the multiple growth in investor volume is even more crazy.

And this is the fundamental logic that supports such a strong stock price trend of the 'Flush' check.

No one is a fool, and no one’s money comes from the strong wind.

We see that on the Dragon and Tiger list of 'Flush', institutions continue to increase their positions crazily at high levels, and they continue to actively push up the stock price with strong buying. This is because the fundamentals of this check are changing rapidly, and the possible performance of this check is expected to explode. It seems that the current price of this check is still very cheap.

What's more, since the market attention of this check is so high, there is obviously a certain emotional premium.

Including this premium, the stock price of this check appears to be even more undervalued at its current position, and has a strong investment value for money.

Of course, the technical side of this check is a serious departure.

Once the sentiment weakens, there will still be a large correction amplitude, but its fundamental investment logic is still very stable. "

"So... we can't reduce our position in this stock for the time being?" Wang Can asked after listening to Zhao Lijun's analysis.

Zhao Lijun replied: "Of course not, our position in the stock 'Flush' is not small, and this check is on the cusp of short-term speculation in the market. It is hanging on the dragon and tiger list every day, let alone this. The check has not risen in place, and the expectation is far from reaching the top, or when it is cashed out, just because our large sales of this stock will instantly expose the intention of our institution's trading strategy at this stage, we cannot When the major funds' large positions have not completed the purpose of the lightening and take-profit trading strategy, they will take the initiative to reduce their holdings of this leading stock."

"Not only can we not reduce our holdings of the 'Flush' check, but all rising patterns are further intensifying, and the main capital groups are still fully concentrated in the main line leading stocks and main line popular weight stocks, they are not our targets for reducing positions at this stage." Liu Yuan this Shi also said, “At this time, our primary goal of reducing positions and taking profits should be those stocks that have shown strong differences between long and short funds on the market. In the crazy rise of the index, they can no longer continue to reach new highs, and there is obvious heavy volume and stagnation. of holdings."

"Mr. Su has made it very clear to reduce positions from weak to strong." Zhu Tianyang also said, "Prioritize those with poor liquidity, and finally reduce positions with good liquidity. Only in this way can we achieve the strategy of 'lighten positions and stop profits'." and maintain a good profit lock-in status."

"Another point is that among our main fund products, the holdings of individual stocks are still at low levels. They are stocks that are not in the main lines of 'big finance', 'big infrastructure' and 'military industry'. There is no need to reduce positions." Zhang Guobing also said at this time, " I think even if the market falls into a violent adjustment after this wave of bull power is exhausted, there should still be a partial money-making effect in the market, and as long as there is a partial money-making effect... I guess the remaining funds will definitely choose to invest in the market. The logic line of 'high and low switching' is used to make the market.

Therefore, it is among our main fund products.

The current non-popular high-quality stocks that are at low levels may not fall much during the market adjustment. Instead, they may go out of a lagging upward trend and absorb a large number of stocks that have withdrawn from the core popular main line areas and taken profits. Active funding groups. "

Li Meng heard Zhang Guobing's analysis, thought for a moment, and responded with a smile: "Guobing's logical analysis and subsequent market expectations are quite good. Yes, our idea of ​​reducing positions and taking profits must be Follow the idea of ​​​​Guobing's analysis.

Under the premise of ensuring that our institutional trading seats are not exposed.

Priority should be given to reducing holdings of mainline holding stocks whose market liquidity is not that good, and the long-short differences in the market are large, and it has been difficult to keep up with the rapid rise of the index.

Then, there are all the popular mainline stocks.

Finally, after the positions are reduced, consider low-position stocks that are not popular main lines.

Of course, in the process of reducing holdings, there are no specific regulations on how to reduce it. It is up to you to operate it yourself. As long as you can avoid the dragon and tiger list and do not actively and intensively engage in smashing transactions, you can reduce as much as you can. "

After hearing what Li Meng said...

In the trading room, all the fund trading managers and traders from each trading group nodded and continued to quickly place pending orders on the market, or in other words, they watched the follow-up of buying orders on the market, and timely split the market price of the orders. Sell, gradually reduce the holdings of chips, withdraw funds, and lock in corresponding profits.

And as the main funds of the entire "Yu Hang Series" continue to reduce their positions and stop profits.

The major core indexes in the market were all on the rise and could barely keep up. However, over the course of market trading, their market trends actually lag behind those of the mainline hot stocks and weighted hot stocks. It is getting bigger and bigger, and the long-short divergence is becoming more and more obvious.

Moreover, the trend of sluggish growth in various component stocks is becoming more and more obvious.

"It's strange, how come they all belong to the popular main areas of 'big finance', 'big infrastructure' and 'military industry', such as 'Founder Securities, Huatai Securities, Caitong Securities, Huaxin Insurance, Huanong Bank, Huatong Bank, China Merchants Real Estate, Conch Cement...'These relatively less popular mainline component stocks have become weaker and weaker while the major popular heavyweight stocks and concept leading stocks continue to make breakthroughs?" Seeing the major popular stocks, The market differentiation in the main line area, with the rise of the index, seems to not only not weaken, but also strengthen. At this moment, in the Magic City, inside Zexi Investment Company, in the main fund trading room, Zhou Kan can't help but stare at the changes in the market of the two markets. He asked, "This trend...isn't it too strange? Shouldn't the two change simultaneously?"

In his question, Xu Xiang squinted his eyes and carefully looked at the changes in the market trend. He chuckled and said, "This can only mean that someone is taking the opportunity to reduce their positions on a large scale. Look carefully. In fact, what you just mentioned These less popular constituent stocks have received a lot of funds on the market. However, it is difficult for the stock price to rise. The upward pressure on the market is very large, and no surprise...it is basically a long-short gap caused by heavy volume and stagnation. This can only mean that active selling is suppressing the upward trend of the market and reducing the holdings of these stocks on a large scale."

"Such a large-scale collective reduction of holdings?" Zhou Kan was shocked and asked subconsciously, "Could it be... the 'national team' as the main source of funds?" (End of Chapter)