Chapter 297 False Breakthrough, True Reversal!

"Fuck, this can also break the limit?"

Seeing that the daily limit of Fenda Technology was smashed, hundreds of millions of selling orders rushed out. The vast number of investors who hold this stock or pay attention to this stock felt like a thousand horses running through their hearts, shocked and shocked!

At the same time, Fenda Technology broke the limit in a flash.

The selling of the entire market also increased in an instant, many popular stocks plunged rapidly, and the ChiNext Index also fell below the 1,400-point mark in an instant.

"It doesn't make sense? How come the market weakened when the index broke through?"

"Damn, it's poisonous! Such a hard board can be broken?"

"Is it a false breakthrough? Oh... it plunged wildly just after I chased it, it's simply fatal!"

"When the index did not break through, the market trend was stable. Why did the trend immediately reverse as soon as it hit a new high?"

"Top divergence, is this a top divergence?"

"These funds that smashed the market are simply crazy. The index has already broken through the pressure level. Why don't they keep going up? If it stands firm at 2500 points, new space will emerge!"

"It's really a false breakthrough to lure more people! Oh... I've been fooled!"

In the panic and unbelievable exclamations of the crowd, in just two minutes, the ChiNext Index retreated to below 1390 points again. In just a few minutes, the retracement range exceeded 1%. During this period, the Shanghai Composite Index also retreated to around 2480 points, and 2500 points became a luxury again.

Of course, at the same time.

In the Yuhang main speculator group where Su Yu was, many speculators active in the market were also completely blown up.

"What did I say just now? Be cautious in chasing highs! Sure enough... as soon as the index touched 2500 points, the bulls were exhausted. Looking at this situation, the market bulls have no spare energy to attack again and regain 2500 points. At this point, the trend is likely to reverse."

"If there is no strong breakthrough, the index will form a top divergence trend!"

"What are you talking about breakthrough or not? Look at the market... All the popular stocks with sufficient liquidity have been suppressed by selling orders and are in a crazy dive. There is no hope. There is no hope for a breakthrough."

"Fuck, or The problem of insufficient volume has caused the Shanghai Composite Index to be unable to stand above 2,500 points. "

"Alas, knowing that the market volume is insufficient, the index should not easily attack the pressure level. As long as it does not force a breakthrough, market expectations and sentiment will remain stable, the hopes of bulls will not be dashed, and bears will be restrained and will think about reducing positions at a higher position, so as not to be like now... The main funds in the market will turn from long to short in an instant when they see that the index cannot stand at the pressure level. "

"Unfortunately, there is no if in the market trend! "

"Alas, it's a waste of expectations, What's even more depressing is that I just chased Fenda Technology. "

"Fenda Technology's board should not have exploded!"

"It's not that it shouldn't have exploded. Although the strength of the board was very strong, the index could not stand firm at the pressure level, and the market followed the trend. Once the main funds in the entire market expected to turn from long to short, in fact... this board was bound to explode. Of course, the 80,000-hand order was swallowed up by the selling in an instant, which was really scary."

"In the stock of Fenda Technology, the main force with such a large position, in addition to the major shareholders of the company, should be General Manager Su's Fortune Road, right?"

"Tens of thousands of hands, hundreds of millions of selling orders, only Mr. Su's Fortune Road has such a large amount of chips."

"Hey, does this prove that Mr. Su's Fortune Road has also turned empty at this moment?"

"It must be so, otherwise once Fenda Technology collapsed, other major hot stocks, especially the related concept stocks held by Mr. Su's Fortune Road, would not have collapsed instantly. These are the main market funds. After discovering that Mr. Su's Fortune Road is likely to stop profit and reduce positions, they are frantically grabbing market liquidity!

"Hey, it seems that it is afraid to copy the trend of October 23rd."

"If it doesn't go up, it will go down! If the Shanghai Composite Index and the ChiNext Index cannot break through the upper pressure level, they can only choose to adjust downward and choose support again."

"I know that it is still a small Yin and Yang, a trend of turning back every two steps and turning back every three steps, which is more stable. ”

“In the final analysis, it is because the market volume has not kept up. The inflow of incremental funds from the OTC market cannot keep up with the increase in the index, otherwise it would not have been unable to break through the pressure of the 2500-point mark.”

“I just don’t understand why the incremental funds have not kept up?”

“It is due to the tight capital situation at the end of the year! In fact, there is no problem with market sentiment and expectations.”

“The central bank must release a wave of water for the market to truly break through!”

“Don’t talk about those things. What should we do now? Reduce positions?”

“Reduce! All the chips that can be sold can be sold. Boards like Fenda Technology have been smashed. The intensity of subsequent market sentiment and the main funds willing to follow the trend at high levels will only become less and less. At that time, liquidity will tighten and the stock price will only continue to fall. If it is not reduced at this time, the profit retracement will be more serious. ”

“Alas, Fenda Technology has set a very bad example! ”

“The volume of Fenda Technology has increased to more than 3 billion. There is no doubt that with this volume and this turnover intensity, if Mr. Su’s wealth road really crashes the market, it can be said that… this check will definitely not have a market in the short term. At this time, those who hold this stock should sell it if they can!”

“Damn, it fell back so fast that the pending orders could not keep up.”

"The market has turned from long to short. Sell as the market price drops. Don't place orders. You can't sell even if you place orders in this rapid plunge."

"Oh, it's great to be able to sell. I just bought at a high price and can't sell even if I want to."

"Me too. I thought the index would break through strongly. Even if it couldn't stand firm at the 2,500-point mark, at least it wouldn't show an extreme trend. I didn't expect..."

"The plunge in the morning felt like a sign, but it was a pity... it didn't cause any alarm!"

"Everyone is looking forward to the Shanghai Composite Index breaking through the mark. Who would have caused any alarm before?"

"Fuck, now it seems... the plunge in the morning was so interconnected. It might really be the result of Mr. Su's Fortune Road reducing his positions in advance!"

"Yes, yes, I thought it was Mr. Su's Fortune Road that was selling at the time."

"Today, it is likely that Mr. Su's Fortune Road will appear on the Dragon and Tiger List again."

"Since Mr. Su has started to sell on a large scale to stop profit, what else can I say? Sell with him!"

"The most extreme emotional expression, always It used to be the high point of the market stage and the trend change node. Hey... I knew it was like this, why didn't I learn from it? I just increased my position when Fenda Technology closed the board. Damn... I was so angry that I vomited blood! "

"98.33 yuan, this price is really good!"

"It's so funny, I didn't expect there is a hidden reminder here."

"The more than 3 billion yuan of funds that chased Fenda Technology today must be vomiting blood."

"Fortunately, I endured it. I wanted to wait for the index to stabilize at 2,500 points before making a right-side opportunity. Now it seems... I don't have to wait."

"Oh my God! The index fell back so quickly. This time... it actually fell back by one point."

"I'm afraid it will turn green!"

"Sell, sell quickly. There are too many funds trapped at high levels today. The market will definitely not be good tomorrow."

The messages in the group are constantly being updated. Almost all the main funds in the market have turned from long to short. More and more selling orders are surging out, like a raging tide, smashing the disks of major hot stocks.

In the market trend that has completely reversed.

At 1:52, Fenda Technology, which is a market sentiment indicator and popularity indicator, fell below the 90 yuan mark, and the market turned from red to green. In less than half an hour, the retracement exceeded 10 points. At the same time, the Shanghai Composite Index fell back to within 0.5% of the increase, and the ChiNext Index fell back to within 1%.

"Fenda Technology has achieved a record high volume of transactions. With such an extreme trend, will it hit the ceiling or floor?"

Seeing that Fenda Technology, the popular index of the two markets, turned green from the daily limit, Xie Wanting said nervously in the trading room inside Anlan Fund in Yanjing: "The breakthrough failed. In a blink of an eye, market expectations and emotions collapsed directly. This trend... ordinary investors really can't stand it."

"Without sufficient volume support, once the index touches a solid pressure level, it is a habitual selling point." Next to Xie Wanting, Zhou Guohua smiled and said, "There are too many smart people in the market. When they realize that the index cannot stand firm at the pressure level, cannot actually break through the pressure ahead, and open up new space, naturally everyone wants to be one step ahead and seize the most abundant market. Liquidity and high points, complete the harvest. "

"In the final analysis..."

Zhou Guohua paused and continued: "Even though many off-site investors have entered the market during this period, and the overall incremental funds in the market have been enlarged, in fact, the core of the market is still the stock game."

"Since it is a stock game, it is not surprising that they are pulling each other's legs, only willing to sit in the sedan chair, unwilling to carry the sedan chair, and running away when the situation is not good. "

"Also... the market has been devastated by the bear market for too long."

"In the current market, except for a very small number of long-term investors who are truly fooled by those institutional analysts and regulators, they firmly believe that this is a bull market. "

"The vast majority of other investors are still operating according to the bear market thinking. . "

"What's more, in the stock game, the active investors who remain in the market are those who have experienced the market's bull-bear transition, multiple rounds of ups and downs, and think they are smart investors."

"These investors are generally cautious."

"Once they find that the market has changed, they usually run faster than anyone else."

"This is also the reason why the market is easy to dive once it encounters upward pressure, and the reason why the index has touched 2,500 points twice and has never been able to break through."

"Because everyone, in essence, still does not believe that this is a bull market."

"The overall lack of confidence in the bull market has led to various funds not daring to, nor wanting to follow the long-term thinking to make a market, and they all want to do a swing market and take a bite and leave. ”

“What the institutions say, that speculation outweighs investment in the current A-share market, is actually the most essential portrayal.”

“Take the Fortune Road that you admire the most as an example…”

“His series of operations are essentially speculative behaviors under the market stock game, far from being an investment.”

“Didn’t the teacher also say that the fundamental purpose of financial transactions is the appreciation of capital and profit, and speculation and investment are just means to obtain capital appreciation and profit, and there is no essential difference?” Xie Wanting smiled, defended General Manager Su, and then said, “Looking at the trend of Fenda Technology, as well as the trend of many hot stocks in the two main lines of ‘smartphone industry chain’ and ‘mobile Internet’, Fortune Road should have crashed the market, right?”

Zhou Guohua nodded slightly: "Except for him, there is no other major capital in Fenda Technology stock with such a large amount of capacity. After all, major shareholders need to announce in advance to reduce their positions."

"Moreover, he has reduced his positions on a large scale this time..."

Zhou Guohua stared at the rapid changes in the two cities, pondered for a moment, and continued: "I feel that the signs are quite obvious!"

"I think, at this time..."

"Many major institutions in the market, and even many large, medium and small investors, should have realized that Fortune Road is reducing their positions on a large scale."

"It's indeed a very urgent reduction." While the teacher was talking, Xie Wanting carefully observed the market and nodded in response, "It feels like it's almost a liquidation-style sell-off style. Could it be that... there is something hidden in the market news? What important disadvantages were there that were not revealed but were caught by him in advance? "

"It's not such a coincidence, is it?" Zhou Guohua said in surprise.

"Then why is the market smashing so hard?" Xie Wanting said, "They are almost selling against the market liquidity!"

Hearing his apprentice's worries, Zhou Guohua carefully looked at the changes in the two cities and said: "What you guessed is also possible. I will ask people to carefully inquire about the news on the market to see if there is any market that we have missed. Bad news, at the same time... Wan Ting, you should sell against the market liquidity!"

"The wealth of Fortune Road now has a great influence on market sentiment."

"Coupled with the failure of the index's breakthrough and the reversal of the long-short situation, there is a high probability that the index will continue to adjust and seek support downwards again."

"In other words, the current market is not supported by sufficient bull market confidence."

"Once it slips, it will take a long time to recover, so... it's better to stop when you're ready!"

"Since the market does not have a long-term investment foundation and the fluctuations are too large, we can only follow the market trend and perform swing operations."

"Okay!" Xie Wanting responded, and then began to place large-scale sales orders.

In fact, as one of the first major funds to follow Fortune Road to buy bottoms and build positions, the fund she manages has already made profits on popular concept stocks related to the two core main lines of 'mobile Internet' and 'smartphone industry chain'. It's quite lucrative, and I have long had the idea of ​​reducing my position and taking profits.

Therefore, the large-scale sales of Fortune Road and the teacher's instructions were very much in line with her wishes.

With the conversation between the two and Xie Wanting's large-scale selling order, the market trading time passed 2:15. At this moment, the Shanghai Stock Exchange, Shenzhen Stock Exchange Index, GEM Index, and Small and Medium-sized Enterprises Index all lost their positions. The previous strong state all turned green and fell underwater.

Then, when the time passed 2:30, it entered the last half hour of the late session.

With the huge profit-making chips in the market, countless major institutions, major hot money players, and large investors began to compete for the remaining liquidity in the market, and in this case, they were willing to take advantage of the situation. Those who licked their heads and speculated on the bottom took over funds, regardless of the cost, regardless of the actual ability of individual stocks to absorb the crazy decline.

Subsequently, under the influence of the main selling forces who rushed to exit during these extreme sell-offs.

At 2:36, Fenda Technology, a core stock in market popularity, crashed again and was directly pressed to death on the lower limit, embarking on an extremely tragic trend.

At the same time, at this moment.

Extreme panic occurred in the market, and countless popular stocks crashed!