Chapter 396: Extreme Emotions, Selling Points Highlighted!

"The Shanghai Stock Exchange Index has eight consecutive positive days, and the Beixin Road and Bridge has seven consecutive boards. During the period after May Day this year, it was really just a matter of lying around and making money!"

Amid the bullish sentiment in the entire market, among the retail investors discussing on the online stock forum, some people exclaimed excitedly: "The losses at the beginning of the year were all made up in the week or so after the holiday, haha... it feels like In this wave, the index is definitely above 2,500 points, and the bull market is really here!”

"Indeed, during the period after May Day, the trend was really explosive."

"Fortunately, I held the bargaining chip today. Sure enough, in the bull market, all shocks and retracements are just washouts. Now the market trend is showing more and more signs of this."

“In the ongoing market situation, only by maintaining firm stockholding can we maximize profits in the market.”

"The two core themes of 'infrastructure' and 'state-owned enterprise reform' will definitely be the biggest market themes this year. I feel that Beixin Road and Bridge, the leading stock, is very likely to have five or ten times the potential!"

"Haha, I was nervous when I re-entered the market, but I didn't expect that once I entered the market, I would make huge profits for several days."

"Big A has really stood up recently!"

"In recent times, compared with the external market trends, A-shares are indeed outperforming!"

"The U.S. stock market has risen a year ahead of schedule. It's time for us to catch up, right?"

"I feel that market confidence is completely back. On our forum, there are many more people chatting than last month, or in the past few days."

"The market has a sustained money-making effect, and naturally confidence will slowly return!"

"Hey, it's true that even I, a pessimist, started to believe in the bull market after seeing the market's surging trend."

"It doesn't matter what market it is, as long as it makes money!"

"The index has indeed risen sharply recently, but it seems that the turnover of the two cities has not increased much. It is only about 130 billion in volume now."

"130 billion is a lot. Look at the previous market downturn, how much was the transaction volume?"

"Yes, the previous transaction volume of the two cities was once as low as 50 billion. Now the transaction volume has more than doubled compared to the previous month or two. Isn't this still little?"

"Overall, the market is in a trend of rising volume and price."

"The volume of the market generally increases slowly with the money-making effect of the market and the entry speed of potential investors outside the market. Even if it is a bull market now, it is only in the early stages of the bull market. Although most of the investors on the market are active However, the number of potential investors outside the market is obviously not enough to enter the market, and the natural amount of energy changes is also limited. However, this phenomenon will definitely improve as the subsequent market continues to make money. It is estimated that in one or two months, the market volume will exceed 170 billion, or the high transaction volume stage of more than 200 billion.”

"At present, the market has not yet touched the deep water area where the market has historically been locked up. The capacity of 130 billion is fully able to support the current market."

"Anyone who is bearish at this time is either stupid or bad."

"If you feel that there are risks in the current market conditions, you can clear your positions and sell them. It just so happens... My position is not enough. I hope the short sellers will sell quickly so that I can continue to buy at low prices."

"Yes, just like today, I really like to watch short sellers. My face is swollen from being beaten by the market again and again."

"Today's market has been so volatile. This should also mean that some major funds in the two main areas of 'infrastructure' and 'state-owned enterprise reform' have made profits and reduced their positions, right?"

"They are all good sellers without any pattern."

"It doesn't matter if these funds are released, there is no pattern. Having them in the market will only inhibit the further development of the market."

"Other main funds will go out as soon as they come out. Only when there are differences will the market prevail. As long as Mr. Su is still there, there will be no problem."

"Yes, as long as Mr. Su is still there, the two main market areas of 'infrastructure' and 'state-owned enterprise reform' will definitely continue to trend, and it depends on the situation... Many of the core stocks of the main line concepts held by Mr. Su today, Although the shock was huge, it was obvious that there was not much major capital outflow, and Mr. Su definitely didn’t leave.”

"Whether we are leaving or not will be clear at a glance when we look at the Dragon and Tiger Ranking data later."

"It definitely didn't leave, otherwise it would be absolutely difficult for Beixin Road and Bridge's stock to close its daily limit today."

During the discussion, time quickly moved to 5:30 pm. The dragon and tiger lists of the two cities were revealed. As everyone expected, the two major trading seats related to Su Yu were 'Fortune Road' and 'Wealth Road'. The "Road to Recovery" has not appeared. Judging from the public data of the Dragon and Tiger List, the main funds of the "Yu Hang Series" still maintain a locked position.

Moreover, it exceeded everyone’s expectations...

The trading seat of "Jiefang South Road" was actually at this position, and it also strongly increased its position. It bought a total of 43 million from Beijiang Communications Construction, 22 million from Beixin Road and Bridge, and 15 million from Shibei High-tech.

"Damn it, 29 stocks are on the list, among which 'Fortune Road' and 'Fusheng Road' have locked positions, 'Jiefang South Road' has increased its positions in a large amount, Chunhui Road, Siji Road, Hongqiao Road, Yanjing Outdoor Street, Shenzhen Three Swordsmen and other top hot money players in the market are still actively investing in popular stocks at high levels. The data on the Dragon and Tiger List are incredible! This wave... the index is less than 2,500 points, breaking through last year's high target, which is unreasonable. ”

After the data of the two cities' dragon and tiger rankings were released, the discussion in the entire market became more and more intense.

"There are many institutional seats that have increased their positions, but there are also many institutional seats that have sold today. For example, Gemdale Group and China Fortune Land Development are completely institutional sellers."

"It is estimated that the main funds that have lurked in before the good news are now reaping profits?"

"From the analysis of the number structure of stocks on the Dragon and Tiger List, as well as the analysis of the active participation of various funds, the core market trends of the two cities are still undoubtedly "infrastructure" and "state-owned enterprise reform."

"There are also two or three stocks on the "growth stock" field of the SME Board and the Growth Enterprise Market. However, looking at the buying and selling seats of these two or three stocks on the list, there is no particularly strong main fund participating, and the main buying funds are only 10 or 20 million. Compared with the main funds of Gemdale Group, which buy 50 or 60 million, it is not enough. .”

“The direction of ‘growth stocks’ in the SME board and GEM will probably have to wait until the two main lines of ‘infrastructure’ and ‘SOE reform’ are hyped up before there will be a market.”

“Yes, it is still the safest to speculate around the direction of ‘infrastructure’ and ‘SOE reform’.”

“Mr. Su really locked up his position! It is really the top big capital structure in the market.”

“Mr. Su fully interprets what it means to hold on to the stock holding operation to make a lot of money. No matter how the market fluctuates, it is as still as a mountain.”

“Mr. Su’s attitude towards holding stocks is completely explaining that the current market is in a bull market pattern.”

“It is a bull market, there is no doubt about it.”

“However, today, the funds that lifted the ‘big financial’ sector, especially the securities sector, were indeed all buried.”

“The market has become The trading volume is not enough, and it is difficult for securities to rise at this time. It is estimated that if securities want to have an overall market trend... we have to wait until the market turnover reaches about 200 billion. "

"I don't think there is anything wrong with the pulse fluctuation of securities today."

"It feels more like a test of the market by big funds? In fact, although the securities sector still underperformed the index growth today, even if you chased it at a high point in the early trading, you didn't lose much."

"Big funds test the market? It's possible!"

"After all, if the market is really a bull market, the main market trend will definitely not bypass the securities sector."

"I guess everyone on and off the market has not reached a consensus on the expectation of the 'bull market' at present, right?"

"After the index steadily crosses 2,500 points, there is a high probability that this expectation will be stronger. At that time... it may be proven The bond sector will have a big market opportunity. "

"But it's not wrong to lurk in now, right?"

"Who knows? I feel that there is no strong expectation for the two main lines of "infrastructure" and "state-owned enterprise reform", nor is it safer than these two main lines."

"Yes, the "new nine articles" clearly mentions the direction of "state-owned enterprise reform."

"Don't lurk blindly. I feel that it is safest to follow the direction taken by General Manager Su. This wave, following General Manager Su's seats and holdings, I have made a profit of almost 30%. "

"Indeed, except for the two main lines of "infrastructure" and "state-owned enterprise reform", the others... feel a little bit worse. "

"The favorable support of the "new nine articles", coupled with such good data on the Dragon and Tiger List today, I feel that the index will continue to rise tomorrow. "

"I also feel that the market is likely to accelerate."

"Eight consecutive rises are not considered acceleration? I feel that this wave, whether it is the main line of "infrastructure" and "state-owned enterprise reform" or the index trend, is very strong. ”

“What’s this? Look at the main rising trends of ‘Internet Finance’ and ‘Shanghai Free Trade Zone’ last year!”

“It is estimated that Beixin Road Bridge will go straight to the 10th consecutive limit.”

“In fact, Beijiang Jiaojian is the core soul board today, and with the support of the seat of the chief leader of ‘Jiefang South Road’, it is estimated that there is a high probability that it will be a daily limit tomorrow.”

“It won’t be a daily limit, right? The turnover board can go further.”

“I don’t want Beixin Road Bridge and Beijiang Jiaojian to be a daily limit tomorrow. I hope that these two leading stocks will not open too high tomorrow, giving them a chance to increase their positions.”

“Sure enough, in the market trend, ‘the strong will always be strong’ is the only rule!”

“It is said that those who are afraid of heights are miserable. In fact, leading stocks with sufficient turnover and deep participation of major funds are precisely the safest areas in the market, especially in the upward trend of the market with very good sentiment. Being a relay of leading stocks is really like picking up money. ”

“Indeed, I shouldn’t be timid today! ”

“I will go all in tomorrow, and I am firmly optimistic that Beijiang Communications Construction will catch up with Beixin Road Bridge’s consecutive gains.”

“Damn it, I have been waiting all the way until now, and I have really missed a big wave of market. Alas… As expected, in the bull market, the longer you wait, the fewer buying opportunities there are. No matter what the index looks like tomorrow, you must intervene heavily, otherwise you will be anxious without chips in your hand.”

“It has been a bear market for 6 years, and there should be a decent market.”

“As expected, no matter how desperate you are, you still have to hold on to a glimmer of hope, haha… I finally waited for this wave of market and didn’t miss it. I hope the index can reach 3,000 points this year, so that I can get out of the market and make up for the money I lost in the market in the past few years.”

The extremely high bullish sentiment enveloped it.

Accompanied by the continuous and fierce discussions of countless investor groups on and off the market…

Many institutional investors who were forced to reduce or liquidate their positions before, as well as the majority of retail investors, have once again shown great expectations and confidence in the market and are ready to re-enter the market with increased positions; at the same time, many newcomers who have never been exposed to stock investment before, as well as the majority of retail investors who have long been trapped, have also begun to raise funds, with the dream of returning their capital and making money, and are ready to enter the market again.

In short, under the strong trend of eight consecutive positive days, under the temptation of the extreme continuous money-making effect.

The entire market, whether on-site or off-site, has begun to unanimously and firmly look at the market, and feels that the horn of the "bull market" has been sounded.

Even at 8 o'clock in the evening.

Analysts from Huashang Securities, Huaxin Securities, Huatai Securities and several foreign domestic investment institutions have publicly stated that compared with foreign financial investment markets, the general valuation of the domestic A-share market is significantly underestimated and has great investment value. At the same time, many analysts directly pointed out that blue-chip and white horse stocks in the fields of finance, consumption, infrastructure, and medicine in the market are the most underestimated "value investment depressions" in domestic and foreign markets, with strong investment value and market explosion potential.

Of course, some people also pointed out that the valuations of stocks in the fields of "mobile Internet" and "smartphone industry chain" in the direction of the SME Board and the Growth Enterprise Market, as well as the entire "emerging industry chain" are all around 100 times PE, which is not underestimated at all, and pointed out that the valuation advantage of the domestic market is relative. In the case that the liquidity of A-shares has not been completely opened, the current entire ecology is also relatively reasonable.

It's just that this cautious investment viewpoint is in the midst of the bullish sentiment that has exploded in the entire market.

No one is willing to listen to it at all, and few people will pay attention.

In the midst of this continued high-flying bullish sentiment, all major asset management institutions, financial media, financial Vs, and retail investors are bullish and optimistic.

On Tuesday, May 13, the market ushered in the second trading day after the announcement of the "New Nine National Policies".

As soon as 9:15 in the morning, the two markets ushered in the moment of call auction trading. A number of popular stocks in the two main areas of "infrastructure" and "state-owned enterprise reform" were snapped up by various funds. Among them, the two popular leading stocks of Beixin Road and Bridge and Beijiang Communications Construction also opened high in the form of "one-word limit board" without any surprise.

"More than 90% of the stocks in the two markets opened higher in the red!" At this moment, in Yuhang, Yuhang Investment Company, and in the fund trading room, Li Meng observed the trend of the market, and his expression was obviously surprised. "The market sentiment is too hot. The range of 2400 points to 2500 points is a field where the locked-in chips are piled up quite heavily. If it continues to rise so high, I always feel that the market will soon be interrupted."

The entire market's investor group is more and more excited and happy when they see the index soaring.

But Li Meng is getting more and more nervous and panicked when he sees the index soaring in the pressure range. He always feels that the market and emotional interpretation are too radical.

"Market sentiment, under the influence of various favorable factors, continuous money-making effects, and various institutional investors' continuous bullishness..., has already approached the expected peak and cannot be stopped." Su Yu also stared at the opening scene on the trading room's big screen that was far beyond expectations, and took over the conversation and said, "A market always has a turnaround in despair, continues to rise in doubts and hesitations, and finally peaks in the frenzy of unanimous optimism."

"A bull market when it rises, a bear market when it falls!"

"This emotional pendulum effect of our A-shares has never failed in a market structure where 90% of the participants are retail investors. Sell it. Emotions and expectations have reached their peak. The market adjustment should be It will come earlier than we expected. "

"This time is also the time when the market liquidity is the most abundant, which is convenient for us to exit the warehouse, and at the same time, we can relatively safely avoid the Dragon and Tiger List."

"Well!" Li Meng nodded and asked, "Or should we start with the relatively marginal stocks we hold?"

Su Yu nodded slightly and said, "Yes, first reduce non-core stocks and stocks with less abundant liquidity on the market. After all, the current market sentiment is at a high tide, and the overall market liquidity is relatively abundant. At this time, reducing non-core stocks, first, is not too eye-catching, and second, it is easier to reduce positions than the subsequent market sentiment re-entering the exhaustion stage. "