Chapter 275 Invisible on the Dragon and Tiger List!

Su Yu thought for a moment and said, "Maybe funds will quickly attack the 'Internet Finance' line."

"The line of 'securities and venture capital' has been differentiated. Can the line of 'Internet finance' still rise?" Li Meng said with some confusion, "The logic of the current hype in various aspects of the line of 'Internet finance' is different from 'Securities and venture capital' are both worse!"

"It's a bit worse, but after all it belongs to the 'finance' concept sector, doesn't it?" Su Yu said, "And this sector can also be connected with the 'mobile Internet', and... the Shanghai Steel Federation's check came out, Although I don’t know which fund is leading the speculation of this check, at this time, Lao Yao comes out and has a very big boosting and guiding effect on other stocks in the same sector.”

"Funds obtained from "securities and venture capital" positions and profits in the morning."

"If you don't leave the market, you will find a relatively low sector to trade."

"As for the seesaw effect between the GEM and the main board, various funds in the market at this time should have clearly felt it. Everyone also knows that the line of 'securities and venture capital' is seriously bound to the Shanghai Stock Exchange Index, and this line has fallen into differentiation and adjustment. , then the Shanghai Stock Index will not be easy to pull, but the pressure on the ChiNext Index will be reduced.”

"Therefore, if this part of the market does not have the funds to leave the market, it will never choose the concept of the main board direction."

"And in the direction of GEM..."

"The two main lines of 'mobile Internet' and 'smartphone industry chain' are severely suppressed by potential negative effects. Really smart funds will definitely not do it."

"So, after choosing a lot, there is a high probability that only the 'Internet Finance' sector can do it."

Li Meng thought carefully about Su Yu's analysis before responding: "It makes sense...but unfortunately we have no position chips in the field of 'Internet Finance'."

"There is endless money to be made in the market." Su Yu smiled and said, "It is enough to grasp the main trend and make a high probability of making money."

"Oh, right..."

Su Yu paused and then said: "How much have the two funds reduced their positions in total this morning?"

"A total of 27 stocks have been reduced. From the opening in the morning to the end of noon, according to your instructions, a total of more than 1 billion has been reduced." Li Meng replied, "12 of the stocks have already been cleared."

"but……"

Li Meng paused for a while and continued: "We did not make much profit on the 12 stocks that have been cleared. We only made an average profit of 10%, which seriously underperformed the growth of the 'Securities and Venture Capital' sector index."

"It doesn't matter." Su Yu said, "These fringe concept stocks are only bought to diversify positions. They are not the main source of profit for our fund. They can earn an average of 10%. Not bad. Others have already reduced their positions, but they have not yet The cost of the 15 stocks that were cleared is now very low, right?”

Li Meng glanced at the background and responded: "After reducing our positions, our holding costs for these 15 stocks are already about 35% lower than the current market price, which is enough to cope with any sudden market risks and achieve a profitable exit."

"That's good!" Su Yu nodded with a smile, "Continue selling in the afternoon, and at the same time, except for 'Oriental Venture Capital, Oriental Securities, Huaxin Securities, Huatong Securities, Shibei High-tech, Zhangjiang Hi-Tech, Zijiang Enterprise... and other 12 stocks The most core stocks can be reduced, and others can be reduced.”

"The amount of funds we hold is too large. Even for major market concepts such as 'securities and venture capital' with ample liquidity, it is not easy to exit the market in a short period of time."

"So, we have to get started before the bad news about the IPO restart in the market starts to spread."

"By reducing positions and taking profits, we can reduce the cost of holding positions to a level lower than that of most major institutions holding positions in the market, so that we can take complete initiative."

"Understood!" Li Meng responded.

Later, lunch time arrived, and everyone took advantage of the break to return to the trading room after eating.

In terms of market news, analysts from various securities firms and public equity institutions are still enthusiastically singing the bull market and shouting strategies for laying out a bull market.

Major online stock forums, communities, and the majority of retail investors are also optimistic.

Everyone did not pay too much attention to the sharp plunge in the morning market, and they all believed that the afternoon market would easily retract the morning's dive.

After all, any plunge in the index during this period has been compensated for by subsequent market changes.

This has caused everyone to form a habitual thinking, thinking that diving is no big deal. No matter how the index changes during the session, in the end, it will still follow the trend of new highs after new highs.

Even during this period...

There are already many retail investors shouting that ‘any sharp intraday drop is a good buying opportunity’ and ‘financing will follow up, leverage will follow up’.

And just as this investment sentiment continues to be hot, the market's investment thinking inertia has clearly formed.

Bull market expectations are already strong enough.

The time reached 1 o'clock in the afternoon, and the two cities ushered in the second half of trading time.

Just after the market opened, the index adjusted in the morning experienced a sharp pull. The 'venture capital and securities' sectors, as well as the concept sectors related to 'mobile Internet' and 'smartphone industry chain', all advanced together, leading the Shanghai Stock Exchange, Shenzhen Stock Exchange Index and Shenzhen Stock Exchange Index. Within 10 minutes, several major indexes, including the Shanghai Stock Exchange Index and the ChiNext Index, broke through the 1.5% increase again.

However, pure emotional riots are suppressed by the negative news that the market IPO is about to restart.

It cannot replace huge incremental funds to continuously promote the index.

As a result, after a wave of emotional funds were consumed, the index's rising trend stagnated and fell back into sideways fluctuations.

At the same time, the two core mainline popular stocks of 'mobile Internet' and 'smartphone industry chain' have rapidly risen and rebounded violently, such as 'Hua Qingbao, Changqu Technology, Wangsu Technology, Fenda Technology, LeTV', etc. , after rising by more than 5% and encountering obvious selling pressure, it failed to attract more follow-up orders. In the end, they surged higher and fell back. The popularity that was finally gathered was lost again during the rising and falling of the stock price. .

"It's poisonous, isn't it? You can't pull it off?"

Seeing that a number of early popular stocks such as 'Hua Qingbao, Changqu Technology, Wangsu Technology, Fenda Technology, and LeTV' fell rapidly, the main funds to follow the trend were extremely scarce, and the retail investors who had already followed the trend were extremely depressed.

"The main garbage man, you don't even dare to pull this thing? You have to wait for the 'securities and venture capital' section to attract the funds before you give up!"

"What the hell, they are all the main players without any structure, and no one dares to raise the daily limit!"

"It's really unreasonable to keep underperforming the market. If I had known... I should have pursued 'securities and venture capital'. They are really useless main force. They can't even catch up to a fraction of the wealth road."

"Hey, it's a pity that Fortune Road's current main focus is in the fields of 'securities and venture capital'."

"These garbage main players really deserve to lose money. The index reached a new high. Hua Qingbao has adjusted it for several trading days, almost 20%, but still dare not pull it."

"It's not that you don't dare to pull it, but you didn't notice it...do you have no funds to follow?"

"Nonsense, if you don't push the daily limit, who will follow?"

"I just jumped in. I thought it would hit the daily limit, but I didn't expect... I got tricked again. If I had known better, I wouldn't have sold Huatong Securities."

"The securities and venture capital sectors are still reliable. The 'mobile Internet' and 'smartphone industry chain' lines, it seems... are completely hopeless."

"The market has continued to rise sharply, reaching new highs every day. It has been like this. If the market adjusts, then it must not plummet? I finally understand that the market situation has completely transferred to the securities and venture capital sectors. At this time, it is no longer possible to Spending time here is a complete waste of time and money. Sell it, sell it, and follow the path of wealth to pursue securities. "

In the midst of everyone's discussion...

As if one was ebbing and the other was ebbing, a large number of popular stocks surged higher and fell back in the core concept field of the GEM. In an instant, the securities and venture capital concept sectors resumed their upward trend, and the sector gains climbed back to 5%. Huatong Securities, which has become the most popular stock in the market, has once again gathered huge capital flows and once again tried to break the market.

At the same time, riots occurred in the ‘Internet Finance’ sector.

Huake Financial, Hengsheng Electronics, Great Wisdom, Flush, Oriental Fortune, Jinzheng Shares, Changliang Technology... nearly 10 stocks have experienced linear rises.

"Hey...the market has actually turned to the 'Internet Finance' sector."

On the occasion of the large-scale riots of 'Internet finance', Xie Wanting was surprised in the trading room of Yanjing and Anlan Fund: "What is the reason? The market prices of 'securities and venture capital' sectors are divided, and 'mobile Internet' and 'smartphone' are The two main lines of the mobile phone industry chain have moved forward, and in the end it was this sector that broke out.”

"Derivatives under the main line of 'securities and venture capital'." Next to Xie Wanting, Zhou Guohua said, "It is also because the market turnover is limited, and the funds that various parties have reduced their positions in 'securities and venture capital' in the morning have been "Mobile Internet" and "smartphone industry chain" are two core main lines of GEM, and we have no choice at the moment."

After being reminded by Zhou Guohua, Xie Wanting pondered for a moment and finally understood: "The main line has diverged, but the branch lines derived from it have spread. The market trend today is... really interesting."

"'Securities and venture capital' have accumulated a large number of profit-making orders. If we don't adjust during the session, it will be impossible to continue to move up with the current active funds in the market." Zhou Guohua said, "And during this adjustment period, there is always a need for other branches. , to take over the market and funds.”

"As for the entire market, currently only the 'finance' line has been recognized by all parties' funds and the majority of retail investors."

"Unfortunately, the size of insurance and banks is larger than that of the securities sector. With the amount of active funds in the current market, it is impossible to leverage them. Therefore... funds come and go, and only the once-exploded 'Internet Finance' The fields that have been speculated are the most suitable to take on the market conditions at this moment.”

“This field is backed by the main line of ‘finance’.”

"At the same time, the vast majority of stocks in the concept sector are small and medium-sized stocks with limited circulation, so it is not difficult to pull them up."

"Furthermore, it can be regarded as a touch of the concept of 'mobile Internet'."

“In this field, whether it is funds pursuing the financial line or funds focusing on the ‘mobile Internet’ line, it is good.”

"However, it exists as a short-term successor to the market."

"When the intraday adjustment of the core main line of 'securities and venture capital' is completed, and active funds from all walks of life converge towards it again, the market for the branch line of 'Internet finance' will have little support, so...even if it rushes at this moment came out, but there was no continuity.”

"Active funds from all walks of life are reunited..." Xie Wanting muttered Zhou Guohua's words, paused, and asked, "Teacher, do you think the line of 'Securities and Venture Capital' can be taken to the next level?"

Zhou Guohua nodded with a smile: "In the market speculation, differentiation is not the end, but the consistency of the explosion after differentiation is the key point. In terms of the time window of speculation, the current news of 'IPO market is about to restart' has not been fully clarified and spread. The atmosphere of expectations for the bull market is strong. Although the market turnover has increased slowly month-on-month, it is still growing month-on-month after all."

"In addition, the 'Securities and Venture Capital' sector has not performed any other performance throughout the year except this time."

"On the contrary, it is the core sector of the adjustment every time. Before this speculation, both the absolute and relative positions of the stock price were the lowest sectors in the entire market."

"So, under the superposition of various expected changes..."

"This kind of historical low position The retaliatory rebound market, if it does not really explode with huge volume, touch the core area of ​​solid locked-in chips, and is not hit by sudden heavy negative impact, we can still maintain a relatively optimistic attitude and look up to its performance. "

"If it is not unexpected, there should be no large-scale selling of Fortune Road today, right?"

"But why do I feel that... the market in the morning was smashed by him." Xie Wanting said, "This guy rarely plays by the rules. No one knows how many chips in the field of "securities and venture capital" he has now. I even suspect that his main holdings have all been transferred to the line of "securities and venture capital", waiting to harvest these large institutions that took advantage of the IPO issuance to blow out false bull market declarations and pull the "securities and venture capital" market on a large scale. "

"Then wait for the results to be revealed on the Dragon and Tiger List." Zhou Guohua smiled, "Although it is not playing by the rules, no one should be able to go against profits, right?"

"Okay!" Xie Wanting was excited.

It was rare that she and her teacher had completely different opinions. Now... she really wanted to see whether today's market was caused by Caifu Road.

As the two talked, time had passed 2 o'clock.

The market situation was completely different from when it opened in the afternoon.

The two main core concept stocks of "mobile Internet" and "smartphone industry chain" that had rebounded violently before had now shrunk by 4 or 5 points from the highest point in the market, and fluctuated sideways at 1 or 2 points, and the main capital flow on the market once again showed a net outflow state.

The "securities and venture capital" concept sector that had been differentiated and adjusted before, after a brief rebound of 5%, fell back at this moment, and continued to fluctuate in the range of 3% to 4%. Among them, the core popular leading stock, Huatong Securities, failed to return to the market, and the stock price increase also shrank back to around 6%.

The "reorganization and shell" related concept sector that had been completely abandoned by funds and plummeted before.

At this moment, it was still a comprehensive decline, and the related core concept stocks almost dominated the decline list of the two markets.

Unexpectedly, the 'Internet Finance' sector, which emerged in the afternoon, is still shining at this moment, and has surpassed the 'Securities and Venture Capital' sector to become the leading concept sector in the two cities. And driven by the market of this sector, the ChiNext Index did not fall much when the two core lines of 'Mobile Internet' and 'Smartphone Industry Chain' were down again, and maintained a sideways fluctuation.

As for the 'Big Finance' field that had performed slightly before, the insurance and banking sectors.

Now it has completely sunk, and only maintains a slightly red market trend.

On the contrary, the 'Big Consumption' and 'Big Real Estate' sectors completed the relay of finance today, and compared with the previous few trading days, they are quite strong.

Finally, at 3 o'clock, when the market closed,

The Shanghai Composite Index was 1.32%, which was a drop of more than 1.5% compared with the highest point in the session. However, even with a large drop, it still stood firm at the 2400-point mark, maintaining a strong trend of continuous surge; the ChiNext Index was 1.19%, standing above the 1370 mark, and setting a new historical high.

For such a closing result...

The vast investor group in the market is actually not very satisfied.

Of course, everyone's dissatisfaction is not directed at the index, but at the obvious highs and falls of "securities, venture capital", "mobile Internet", "smartphone industry chain" and other popular market main lines, and their related core concept stocks. After all, these areas are where the truly active retail investors are chasing and gathering on a large scale.

The money-making effect of these areas is not good, and even the loss effect is obvious, no matter how much the index rises.

Most retail investors who chase the market will naturally not be very happy.

However, even if everyone is not very satisfied with today's market trend, they still have great expectations and expectations for the future market outlook and the future of multiple main market lines.

At the same time, everyone is paying close attention to the trend of the main fund of Fortune Road...

Whether Fortune Road will continue to buy the core stocks of the concept of "securities and venture capital" today, and whether it will sell the core stocks of the two main lines of "mobile Internet" and "smartphone industry chain", and there are also intense discussions, and everyone is looking forward to the update of the Dragon and Tiger List.

Finally, at 5:30 pm, the Dragon and Tiger List was updated.

Investors in the entire market, including many large institutional groups, focused their attention on the updated Dragon and Tiger list, but found that among the more than 20 stocks on the list, there was no sign of Fortune Road.

"It's locked?"

Seeing the updated Dragon and Tiger list, the fund manager Chang Youli of Yanjing Shenhua Fund was very surprised: "I thought you were the leader in Huatong Securities, but now it seems... I thought too much!"