Chapter 289: Opening High and Falling Sharply, Hitting the Bottom Again!

The stagnant market flashed quickly and then showed a trend of opening higher across the board.

In the SME board and GEM, the related concept sectors in the two core themes of "mobile Internet" and "smartphone industry chain", such as "mobile games", "Apple concept", "wearable devices", and "Internet finance", all ranked at the forefront of the concept sectors in the two cities.

In the real estate, infrastructure, and consumer sectors of the main board, the related concept sectors also performed well.

However, the "securities and venture capital" sectors, which have a direct benefit relationship with the restart of the market IPO, performed poorly and showed a slightly lower opening.

As for the banks and the two oil barrels that were forcibly supported by Huijin and Huajin yesterday.

At this moment, they opened much lower, and the major core weights had obvious selling orders on the market. It seems that the funds that rushed into these two major fields for risk aversion yesterday have a clear intention to exit.

Of course, in addition to the overall performance of the industry and concept sectors...

The two main core hot stocks of "mobile Internet" and "smartphone industry chain" that saved the market index yesterday and were bought by many major funds at the bottom are now being favored by various funds and have shown a trend of opening sharply higher.

Among them, Fenda Technology opened higher by more than 7 points.

Huaqingbao, Changqu Technology, Huake Jincai, Netspeed Technology, and Xinwei Communication all opened higher by about 5 points.

Seeing this initial call auction opening scene, in the trading room of Zexi Investment in Shanghai, Zhou Kan couldn't help but secretly feel lucky, and said to Xu Xiang beside him: "Mr. Xu, we followed up quickly yesterday, otherwise...looking at this situation, in the two core lines of 'mobile Internet' and 'smartphone industry chain', the related popular stocks may not have a good buying point today."

"Yeah!" Xu Xiang nodded and said, "The Fortune Road has intensified the market's emotional changes, resulting in increased market rotation and volatility. In this case, if we are still as hesitant as before, we will indeed be much more passive. With the support and dominance of this capital, the two lines of 'mobile Internet' and 'smartphone industry chain' will inevitably have a second wave of market."

"Then...should we continue to increase our positions?" Zhou Kan paused and asked.

Xu Xiang stared at the changing market, pondered for a while, and replied: "Fortune Road entered such a large amount yesterday, it must be preparing for a stage market. In addition, many funds hesitated in this direction yesterday and did not follow up. So... the follow-up of this field will not be bad, and it will not be a short-term market of one or two days. Although we followed up in time yesterday, we did not grab many chips. It is feasible to continue to increase positions and follow up at this time."

"But..."

Xu Xiang paused, and then said: "Although the plan to increase positions is feasible, at this moment, There is no need to rush to buy shares in the call auction stage. "

"The market fluctuated too much yesterday, and the profit margins of the funds that bought the bottom during the day were quite generous."

"For example, the funds that bought the bottom of Fenda Technology, Huaqingbao, Changqu Technology, and Netspeed Technology yesterday at the limit down board all made more than 20% profit!"

"And most of the popular concept stocks in the SME Board and GEM also had a 10% rebound range yesterday."

"This has caused a lot of profit-taking in the market at present."

"In addition, the market opened high today, Then... this part of the bottom-fishing funds with huge profit margins, but not particularly confident about the future market, will inevitably have a strong desire to stop profit, so... after the opening, as long as the market trend and sentiment are slightly lower than expected, this part of the chips with a lot of profit will be dumped. "

"That is to say..."

"With such a large fluctuation in the index and individual stocks yesterday."

"If the market opens higher today, there will inevitably be a fierce dive to clear the profit-taking of yesterday's bottom-fishing."

"Because this wave of profit-taking is not cleared, the index will continue to rise. The upward pressure will only be greater. "

"And I predict that this wave of diving after the opening is an excellent buying point for increasing positions."

"Of course, as the core focus of the market, the two main popular stocks of "mobile Internet" and "smartphone industry chain" with the most abundant liquidity will not dive too deeply, but buying at that time is much better than chasing high in the call auction now, and usually when the market dives, more chips can be taken over."

"After the opening, there will be a rapid dive?" Zhou Kan was slightly stunned when he heard Xu Xiang's analysis.

Xu Xiang stared at the two markets that were still rising, nodded confidently, and said: "Market trading, to put it bluntly, is a game of human nature. Yesterday's market fluctuations were so large that many investors made huge profits. Among the vast number of market investors, there are quite a few investors who want to stop profit after making a little money. In extreme market conditions, a golden needle cannot find the bottom, and there must be a second confirmation."

"Only after the second confirmation of the bottom support will the market reverse again."

"Only then will the vast number of investors have firm confidence and expectations in going long, and the market will be able to move more easily in the subsequent trend."

"I understand!" Zhou Kan had a glimmer of enlightenment in his mind.

"So, wait patiently!" Xu Xiang smiled and said, "Instead of buying yesterday's bottom, investors who have a lot of chips in their hands, but do not have strong confidence in holding shares, and have a strong willingness to take profits, are lured out. Smart main funds generally don’t Forced pull, not to mention... the two core main lines of 'mobile Internet' and 'smartphone industry chain' are currently controlled by the extremely smart funds of 'Fortune Road'. Mr. Su will not understand.' The principle of "washing the dishes before pulling the dishes".

While the two were talking, just five minutes passed.

The market trading time passed 9:20 and entered the real call auction stage where orders cannot be canceled.

I saw that the overall collective auction price situation in the two cities was not significantly different from that before 9:20. It was still generally higher. The only slight difference... was the 'mobile Internet' and 'smartphone industry chain'. For the related concept sectors of the two main lines and the core popular stocks, the call auction opening range was slightly higher than before, and the market began to increase significantly.

"This high opening is slightly beyond expectations!"

After seeing that the performance of the real call auction stage of the two cities was much stronger than before when there were a large number of false pending orders, at this moment in the Shenzhen Stock Exchange, Xiniu Fund Company, in the internal trading room, General Manager Liu Xin stared at the trading room. Looking at the market conditions on the screen, I couldn't help but sigh: "The seat premium on 'Fortune Road' has become so strong that it can affect the collective bidding of the entire market?"

Last night, and early today, there were no obvious major positives in the market.

According to his understanding, after the market plummeted across the board yesterday and the index showed great amplitude throughout the day, it is impossible for there to be an obvious higher opening today.

However, the results of market trends always exceeded his expectations.

"Yesterday, Fortune Road performed extremely well on the Dragon and Tiger list, which was shocking." Next to Liu Xin, fund manager Fang Xinsheng said, "But the premium of Fortune Road seats alone can affect today's market opening. , it’s still unlikely. I think it’s mainly due to yesterday’s experience In terms of market trends, the overall pessimistic mood has recovered. In addition, regulators have said that they will curb the scale of financing for companies to go public in the early stages of the IPO restart. This has made everyone less afraid of the IPO restart and has changed expectations again, which is why it has been created. The market opened sharply higher today.”

"Then do you think... today's market can open up a new situation and stabilize?" Liu Xin asked, "Yesterday's move of buying bottoms and increasing positions, looking at it now, is indeed very wise."

Fang Xinsheng stared at the changing market, pondered for a moment, and replied: "It is uncertain whether the trend of holding high and hitting high can be realized, but in the next two or three days, yesterday's GEM, small and medium-sized boards, and the huge gap where the Shanghai stock index jumped short and opened low, will It should be able to make up for it, and... no matter how the index goes, the two main lines of 'mobile Internet' and 'smartphone industry chain' will not be any worse in the future. "

"After all, Fortune Road has invested billions of dollars in this field."

"Let's not talk about the large amount of funds that will follow his seat and follow suit. Let's talk about the funds that have lost their chips before. The investment sentiment in the market has generally recovered, major bad news has landed, and the future expectations of these two main lines are still increasing. Under such circumstances, the chips will be recovered with a high probability.”

"Just these influences..."

“There will be no shortage of funding in these two main areas.”

“There is no shortage of funds to undertake, and if we have expectations and emotions, we will definitely be able to get out of a new round of market conditions.”

Having said this, Fang Xinsheng paused and said: "So, I want to continue to increase my position. Fortune Road is an excellent opponent, but at the same time, it is also a force that we can rely on and use. He has a large number of positions on the Dragon and Tiger List." Buying, revealing the main direction of attack and holdings, has actually set up the momentum for everyone and set up a stage for speculation. "

"Okay!" Liu Xin nodded, "You make the decision on the transaction."

He thinks that he is far inferior to Fang Xinsheng in market analysis, market conditions, and opportunity grasping. Therefore, even if he sometimes has different opinions, he will not interfere with Fang Xinsheng's trading decisions. Of course... the other party is usually in Before making a trading decision, I would also tell him symbolically, which made him very satisfied.

"Okay!" Fang Xinsheng responded and began to issue instructions to the traders.

Immediately afterwards, the traders who received the order began to pay attention to 'Mobile Internet' and 'Smartphone Industry Chain' such as 'Funda Technology, Huaqingbao, Changqu Technology, Wangsu Technology, and Tianyu Information'. Place orders for popular stocks on major core lines and compete for funds in call auctions.

Unlike Xu Xiang who wants to wait for a better place to buy...

Fang Xinsheng feels that since the general direction is right and there is still a chance for the market to rise significantly, the short-term cost gap is not that important.

At the same time, he was also worried if he continued to hesitate.

After the market opens, the market really goes high and does not pull back. Then it will be even more uneconomical to pursue the highs later.

After all, yesterday, Fortune Road was frantically buying at the bottom and buying regardless of the cost. It had taught him a profound lesson, allowing him to understand that in the face of big opportunities, he must know how to make choices and learn to be decisive.

And at the same time...

Yanjing, inside the Anlan Fund, in the trading room.

Xie Wanting paid attention to the market and saw that "Funda Technology, Wangsu Technology, Huaqingbao, Changqu Technology" and other "mobile Internet" and "smartphone industry chain" main line popular stocks were getting stronger and stronger in the call auction. , apart from being slightly surprised, he was also very happy inside, and said happily: "Teacher, this round, we have finally caught up. Look at this situation, the two main market trends of 'mobile Internet' and 'smartphone industry chain', The adjustment should be over and it has once again become an area where the main funds in the market focus and speculate.”

"Haha..." Zhou Guohua, who was standing behind Xie Wanting, laughed softly. He also admired his apprentice's precise bargain hunting operation. He nodded and said, "It seems that you are interested in the 'Wealth Road' capital." , the research is indeed thorough enough, yes, great progress! ”

"Thank you for the compliment, teacher." Xie Wanting said with a smile, "Today's market should have made up for yesterday's short jump, right?"

Zhou Guohua stared at the call auction situation in the two cities that continued to strengthen. He pondered for a few seconds before replying: "It's hard to say that the golden needle pulled back too sharply yesterday, and the accumulated short-term profits are quite a lot. "The market opened so high today, I'm afraid it will have to bottom out a second time to digest it before the index can really rise."

"Moreover, the Shanghai Stock Exchange Index held up strongly yesterday..."

"Today, the sentiment has improved. Huijin and Joaquin will definitely not protect the market anymore. When banks and two barrels of oil are obviously going to make corrections to make up for their losses, I am afraid that the Shanghai Stock Exchange Index will not look good today, and if the Shanghai Stock Index does not look good, it will Restricting the further fermentation of bullish sentiment in the market, there is still uncertainty about whether the index can truly stabilize, and we cannot be too optimistic!”

"Of course, the two main lines of 'mobile Internet' and 'smartphone industry chain' should be finished adjusting."

“Coupled with the influence of Fortune Road’s multi-billion-dollar increase in positions.”

"Even if the index fluctuates here, these two main lines should be able to move out of relatively strong and independent markets, so... we don't need to worry too much."

"Yes!" Xie Wanting responded, thinking about the teacher's words and remaining silent for a while.

As she pondered, at this time, the time had passed by 9:25, the collective bidding in the two cities ended, and the fierce trading market entered a brief suspension stage again.

After a 10-minute collective bidding process...

In the end, the Shanghai Stock Exchange Index opened slightly lower at a decline of 0.35%; the Small and Medium Enterprises Index and the ChiNext Index were fixed at an increase of 0.68% and 0.89%, which were considered to open significantly higher than the Shanghai Stock Exchange Index; the Shenzhen Stock Exchange Index opened at 0.42 % increase is not particularly strong, but it is not weak either.

In addition to indexes, industry sectors, concept sectors, and popular stocks.

Concept sections related to the two main lines of 'Mobile Internet' and 'Smartphone Industry Chain', such as 'Mobile Games', 'Internet Finance', 'Wearable Devices', 'Apple Concept', 'Network Security', and 'Mobile Payment' Concept sectors such as IPO, etc. are all at the forefront of the gains in the two cities, and the main funds in the sector have shown a net inflow. During the collective bidding stage, funds from all walks of life are competing for funds in this field, which is relatively obvious.

Industry fields such as infrastructure, real estate, automobiles, and white goods consumption, as well as related concept sectors.

The performance was relatively stable, opening slightly higher, which was lower than the gains of the Shenzhen Stock Exchange Index, the Small and Medium Enterprises Index and the ChiNext Index, but was much stronger than the opening performance of the Shanghai Stock Exchange Index.

Securities, venture capital related industries, and their concept sections.

It did not receive obvious attention from the main funds and opened slightly lower, showing the same level as the Shanghai Stock Index.

Then, the banking and petrochemical sectors, which strongly supported the index yesterday, opened sharply lower today, obviously making up for the decline. Related core stocks, such as the four major banks, two barrels of oil and other major trillion-dollar market capitalization stocks in the two cities, the market There has been a net outflow of funds.

However, although these two major weighted sectors opened significantly lower, they were not the leading sectors in the two cities.

In the entire call auction, the weakest performance was still the 'restructuring and backdoor' related industries that were directly hit by the 'market IPO restart', and its conceptual sector. Among them, the ST sector led the market decline, and more than 6 stocks in the sector were still suppressed. Die at the limit, without any major funds paying attention, and limitless.

Popular stocks that have received high attention from market investors...

Fenda Technology opened higher by 7.22%, Huaqingbao and Changqu Technology maintained a high opening range of about 5%, Internet Speed ​​Technology opened higher by 4.12%, LeTV, Huayi Brothers, Tianyu Information, Huake Financial, Oriental Fortune, Shanghai City Steel Federation and other votes opened higher by about 2%.

Generally speaking, the entire collective bidding stage.

The core main funds in the market, as well as many active funds, are basically completely focused on the two core main lines of 'mobile Internet' and 'smartphone industry chain', and especially focused on Wealth Road. On yesterday's Dragon and Tiger List, the various stocks bought Large related stocks are on the market.

Seeing such an opening situation, the majority of retail investors in the market are naturally excited and excited.

After all, the Small and Medium-sized Board and the Growth Enterprise Market are the places where small and medium-sized stocks fully reflect market sentiment and where retail investors gather. As for the Shanghai Stock Index... in everyone's mind, this index has long been distorted. As long as there is no sharp drop or surge, it will have a negative impact on the overall market situation. Due to the large siphon effect, everyone is too lazy to pay attention to the rise and fall of this index.

"To make up for the gap, we will definitely be able to make up the gap today, right?"

During the short trading halt from 9:25 to 9:30, some retail investors yelled on the intensely discussed online stock trading forum.

"The bottom has been found, it's a profit, it's time to turn around, you must turn around!"

"With the blessing of Fortune Road, the kings of the two main lines of 'mobile Internet' and 'smartphone industry chain' have returned. It is simply impossible for the small and medium-sized board and the GEM to reverse the package. Just watch... Today is definitely a big positive line that is held high. !”

"All the 'Fortune Road' concept stocks opened higher. This formation... is really shocking at first glance."

“Indeed, it’s so impressive...it’s simply beyond the reach of other people in the market!”

"This is a Fortune Road seat, and it deserves a premium. After all, there are too many funds following Fortune Road. You, I, and everyone are grabbing it. It is simply impossible not to open higher."

"Only rob if you can make money. Who will rob if you don't make money?"

"I'm just grabbing it because I want to make money. Of course... this is also the reason why everyone is crazy about the Fortune Road seats."

"The fact that the market opened so much higher today is not entirely due to the influence of Fortune Road's seats, right? It is mainly because after the regulatory explanation, everyone's fear of IPO restarts has reduced. After this fear has weakened, market sentiment and market conditions have Naturally, there will be a repair process, after all, the previous market reaction was obviously a bit excessive. "

“Anyway, it’s time to increase your position at this time!”

"It's necessary! We have already caught up with Fenda Technology. This check will definitely be the core leader of the main attack this round."

"I also pursued Fenda Technology. I was worried that the check would hit the daily limit today. Fortunately, fortunately...it gave me a chance to buy."

"Damn, I bought Hua Commercial Bank yesterday as a hedge. I originally thought that I could safely follow the 'national team' to protect the market and make a wave of profits. I didn't expect that this place turned out to be a huge pit. Not only did I not get any profits, I also lost a lot of money. "Young man, you missed the great bargain-hunting opportunity yesterday. It's really... Is it still too late to leave China Commercial Bank and pursue Fenda Technology?"

"It should be in time! As long as you can buy it, you can probably eat meat. After all, Wealth Road has no habit or precedent of smashing the market every other day, and the market has just bottomed out. The two "mobile Internet" and "smartphone industry chain" The main line has just gained popularity and shown a strong rebound. The market in this field should not end so soon. "

"Chasing is afraid of missing out. The more you hesitate, the more you regret!"

"With Wealth Road in the market, there is really nothing to be afraid of. Moreover... the index has fallen sharply for four or five days in a row. According to the probability, it should rise."

"The GEM has corrected a decline of nearly 15 points in one breath, and the core popular stocks on the two main lines of 'mobile Internet' and 'smartphone industry chain' have generally adjusted a decline of 30 or 40 points in one breath, and even more Many votes were cut in half. With this level of decline, shouldn’t there be a decent rebound?”

"We have taken a heavy position on the road to wealth. If you hesitate at this time, you really... deserve to lose your life in making money."

"What I didn't say, follow up with full warehouse!"

"Yes, follow up with a full position. If the GEM index does not reach a new high, I will not leave the position."

Amid the excitement or excitement of the discussion, five minutes passed, and at 9:30, the market ushered in the official bidding and trading session.

At this time, I saw the market started to beat again.

Yuhang, inside Yuhang Investment, in the trading room, Li Meng was about to give the traders instructions to continue buying, but was suddenly stopped by Su Yu.

"Don't buy it?" Li Meng turned his head and looked at Su Yu in surprise.

Su Yu said with a smile: "It's not that I won't buy it, but I will increase my position to the 50% position level as planned. It's just that the time to buy in large quantities... can be slowed down."

"Slow down?" Li Meng was very puzzled. "The bullish sentiment in the market feels that it is fully recovering, and there is a strong willingness to accept funds from all walks of life. There is also a lot of hope for the index to open higher. If you wait a little longer, it will not be a cost to increase your position." Is it higher?"

Su Yu smiled and did not answer, but asked Li Meng to pay attention to the changes in the market.

Li Meng turned his gaze back to the market.

I saw that after the market rose rapidly for a few minutes, the selling began to become heavy. However, when the selling became heavy, the willingness of the main funds in the market not only did not continue to increase the volume, but instead retreated.

"Eh...that's not right!"

When she found that the offensive power on the market was insufficient and the market was far from as optimistic as she thought.

At 9:35, the trading market for major popular stocks in the two cities suddenly stopped, and the stock prices plummeted. In the process of the stock price falling, active selling became more and more intense.

At 9:36, as the stock prices of many popular stocks plummeted, several major indexes also began to turn downward.

At 9:37, as the index was driven into a dive, a large number of active selling began to occur in all industry sectors and concept sectors in the two cities.

At 9:38, all popular concept sectors and popular stocks were suppressed by selling orders.

At 9:39, with selling orders emerging in an endless stream and quite eagerly, the index and individual stocks began to dive rapidly.

At 9:40, the small and medium-sized index and the ChiNext Index fell back to close to flat. The Shanghai Index's decline expanded to 1%. The Shenzhen Index turned from red to green, and the decline expanded to about 0.45%. Not only did several major indexes fail to maintain high openings, Instead, the trend swallowed up all the opening gains and turned around and went straight to the bottom, leaving most investors in the market dumbfounded and completely incomprehensible.

At 9:41, the SME Index and the ChiNext Index turned green. The investors who were full of enthusiasm and confidence at the opening, and followed the trend crazily, suddenly felt as if a bucket of cold water was poured on their hearts. Their fiery hearts gradually cooled down and they became extremely nervous.

At 9:42, after all the major indexes turned green, the decline was still expanding. The market confidence that had just risen showed signs of collapse under this sharp drop, and panic began to heat up again. The funds on the market became more and more hesitant at this time.

At 9:43, the SME Index and the ChiNext Index accelerated their sharp drop, and the decline exceeded 1%.

"What's going on?" Seeing the market trend, Li Meng's heart was in her throat. "Why did the good market sentiment suddenly collapse again?"

Su Yu watched the market changes on the computer screen and smiled. His expression did not change at all. He replied: "Yesterday's market fluctuations were too large, and there were too many short-term profit-taking orders accumulated. Today's market opened too high, and it was difficult for follow-up funds to intervene. After the opening, the index continued to force an upward attack. The main funds from all walks of life were unwilling to chase high and take over. Naturally, there was a lack of taking over power, and the index turned around and plunged."

"And the index plunged..."

"The short-term profit-taking chips accumulated yesterday, in the case of insufficient confidence in holding positions, naturally swarmed to stop profits and smash the market."

"This is a very natural digestion of profit-taking and market self-adjustment."

"It is much better to kill and wash the chips here than to force an upward attack and then accumulate more profit-taking chips and then wash them. At the same time, it can also consolidate the support of this position again and strengthen the inertial thinking of market investors in this position in the future. There is nothing wrong with it."

While Su Yu was speaking,

At 9:44, the ChiNext Index and the SME Index had already fallen by 1.5%, while the Shanghai Composite Index had already fallen by more than 2%, less than 10 points away from the low point when the market crashed yesterday. Both the Shanghai Composite Index and the ChiNext Index have lost the important thresholds of 2,300 and 1,200 points. The overall situation of the two markets looks... extremely scary.

At 9:45, the Shanghai Composite Index fell by 2.5%, breaking through yesterday's intraday low and setting a new low for adjustment, while the ChiNext Index fell by nearly 2%. At the same time... among all industries and concept sectors in the two markets, only the three major concept sectors of "mobile games", "Apple concepts", and "Internet finance" related to the two main lines of "mobile Internet" and "smartphone industry chain" remained slightly red, while all other concept sectors had turned green.

"The Shanghai Stock Index has reached a new low!" Li Meng said in surprise, "Will the ChiNext and SME Board also fall to the low point of yesterday?"

Su Yu did not reply, but stared at the volume that was beginning to rapidly increase again. After a pause, he said, "That's it, it's almost here. If it goes down... there will be almost no profit chips. Buy, buy... put all the funds for the planned increase in positions into it at this moment according to the trading plan we made before!