Chapter 424 Retail Investors Being Harvested Back and Forth!

"Okay!" Su Yu nodded slightly, "Since the market's continuous money-making effect is weakening, in the short term, the market has no motivation and foundation for sustained market development, so there is nothing to be nostalgic about. Continue to reduce the fund position to the low water mark."

"Okay!" Wang Can nodded and immediately began to execute relevant instructions.

In the trading room, other traders, under the guidance of Su Yu's operation strategy, also began to reduce their holdings of chips bought during yesterday's trading session, and reduced the positions of their operating accounts again.

Along with the entire trading room, the traders of the two main funds sold intensively.

Regarding the stocks held by the two main funds of the 'Yuhang system', the active selling orders on the market began to increase rapidly, suppressing the active buying orders, and quickly hitting the stock price from the intraday high.

Then, as Su Yu expected.

When the two core themes of "infrastructure" and "state-owned enterprise reform" related hot stocks weakened again, and when many popular leading stocks still could not open up the space for sustained rebound, further expanding the market's continuous money-making effect, the entire market situation of the two markets instantly turned from a relatively strong state to a relatively weak state.

"Oh, this market trend is really weird."

When the market in the two markets weakened again, both the index and the popular core stocks in the market fell from the intraday highs again. At this moment, in the Magic City, inside Yinghui Fund Company, in the 'Yinghui No. 1' fund trading room, fund manager Liu Guanhai was extremely depressed and couldn't help complaining: "Good news also falls, bad news also falls, it's really all the intraday surges, just to lure more!"

Hearing Liu Guanhai's complaints, Yu Lei, the trading team leader on the side, was silent for a while and responded: "Boss Liu, I feel that the market really has no motivation to continue to attack. Otherwise... I think we should follow the original trading plan and quickly reduce positions to avoid new market decline risks."

"Do you think the market will plummet again?" Liu Guanhai asked with some hesitation in his heart.

Yu Lei thought for a moment and said, "It's hard to say. Although the important negative news in the market has landed, the market trend is still far from everyone's expectations. Moreover, although the index rebounded strongly yesterday and seemed to have reversed the trend of negative news landing and bottoming out, the subsequent long volume in the market today is really unsatisfactory. Moreover, a series of popular leading stocks such as 'Beixin Road and Bridge, Beijiang Communications Construction, Kumho Group, China Fortune Land Development, and Gemdale Group' did not play a very obvious premium under the strong trend yesterday. This shows that the market's active funds agree with the current market situation. The degree is not high. "

"If these active funds in the market do not have a high degree of recognition of the market situation. "

"Then it will be difficult for the market to have a sustained money-making effect, and it will be even more difficult to attract active funds outside the market to enter the market and do more. "

"Without more funds to continue to take over the market, the hope of the market continuing to go up becomes quite slim. In addition, after the index fell continuously from the top a few days ago, although a lot of profit-taking orders were cleared, the short-term locked-in orders also increased a lot. "

"In this case, if the index cannot recover the previous decline in one go and achieve a rebound. "

"Then the market sentiment and everyone's desire to do more will be Confidence will only become weaker and weaker as time goes by. "

"In this way, it will become increasingly difficult for the index to regain lost ground."

"Also, the current position of the index is a bit like 'no village in front, no shop behind', which means that there is no support at all above or below this position. If the market cannot go up, then the index will definitely not be able to stay here. Since it cannot stay and the pressure to continue to rise is great, it is natural... The probability of the index going down is much greater. "

"Look at the two main themes of 'infrastructure' and 'state-owned enterprise reform' as the core of the market situation. "

"In fact, the space and time for adjustment are not sufficient. . "

"Before, due to the disadvantage of information channels, we failed to fully grasp the best time to reduce positions, but now... I think it's time for us to correct our trading strategy. "

After listening to Yu Lei's analysis, Liu Guanhai pondered for a while and felt that it was quite reasonable. He couldn't help but sighed softly and said, "Hey, we have not been very good at grasping the buying and selling points in the market in the past one or two months. Since the hope of the index continuing to rise is slim and it is difficult to maintain a sideways trend, let's take advantage of the market liquidity to recover a little more than before and continue to reduce positions at highs. "

Although he has always been quite stubborn in trading strategies.

But at this moment, the net value of the 'Yinghui No. 1' fund has been below the benchmark of 1, and the error tolerance rate has become very limited.

In this way, when there is an opportunity to reduce the investment risk of the fund, readjust the mentality and strategy, and start over, he has nothing to insist on.

After all, no matter what, only by living can there be a future.

If you continue to operate aggressively at this time, although it is possible to quickly make up for the net value losses caused by previous erroneous operations, it is more likely to expand the investment risk, causing the fund's net value to suffer another heavy blow, thus approaching the warning line or even the liquidation line, and losing the last chance to make up for the error.

So, after weighing the pros and cons, he agreed with Yu Lei's suggestion to continue to quickly reduce the main stocks of "infrastructure" and "state-owned enterprise reform" held by the fund, reduce the fund's position to a sufficiently safe area, and then wait for the market to become clearer before making a new trading strategy to recover the lost net value.

Similarly, when the two of them briefly discussed and finally decided to continue reducing their positions.

Inside Yinghui Fund Company, in the trading room on the other side, that is, the trading room of the "Yinghui No. 2" fund, Shao Xiaoyun, as a fund manager, also made the same continuous reduction strategy after carefully observing the changes in the market, and no longer coveted the so-called rebound profits.

"If the index can't even stand at 2350 points, then there is no future at all." After issuing a trading strategy of continuous reduction of positions, Shao Xiaoyun stared at the large screen of the trading room and said, "Even the leading stocks with the strongest performance yesterday have no premium, which basically tells everyone that the market is impossible to go up."

Trading team leader Liu Changling heard Shao Xiaoyun's interpretation of the market, nodded with a smile, and said in a rather flattering way: "Mr. Shao is right. Compared with yesterday's market trend, today's market does not have much upward momentum."

"Fortunately, we didn't increase our positions too aggressively yesterday." Shao Xiaoyun said with some luck, "Otherwise, it would be difficult to exit today."

Compared with yesterday's market trend.

Today, not only has the market volume shrunk significantly, but many hot stocks are basically in a state of net selling by the main funds. The big funds seem to want to exit. In addition to actively smashing the market and killing the decline, there is no other quick way to exit.

With many big funds turning from long to short again, they decisively reduced their positions and sold on the market.

After 2:20, the market, which was stimulated by the news of the unexpected issuance of the "Yuhang No. 3" fund, turned downward after a short-term upward surge and plunge.

At 2:27, in just about 7 minutes, the Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index recovered all the gains during the session and fell back to near the flat market. In addition, the main funds actively selling in the major hot main lines of the two cities became more and more.

At 2:31, when the market trading time entered the last half hour of the closing.

The market plunge began to increase, and several major indexes jumped into the water one after another. The major hot main lines also continued to fall, and the net outflow of main funds became larger and larger. Among them, a group of popular stocks, such as "Beixin Road and Bridge, Beijiang Jiaojian, Shanghai Steel Union, Jinhu Group" and other stocks, almost fell into the deep water with a straight dive. Not only did they not have a premium, but they began to trap people on a large scale.

At 2:43, the Shanghai Composite Index fell by more than 0.5%, among which the ChiNext Index and the Shenzhen Index fell by nearly 1%. Popular stocks showed a trend of one-day tours. Even Oriental Fortune, which rose by 6 points today and hit the daily limit with an extremely strong attitude yesterday, showed signs of collapse at this moment. It not only gave up all the gains during the day, but also fell by nearly 2 points.

At 2:45, the market fell further. Among them, Beixin Road Bridge, the most popular leading stock in the two cities, fell by more than 5%. There were endless selling orders on the market. At the same time, the intraday volume also expanded rapidly at this moment, and it seemed that there was a trend of falling to the limit.

At 2:48, the Shanghai Composite Index fell all the way to more than 1%, and the ChiNext Index fell to about 1.5%. Among them, Beixin Road Bridge fell by 7%, and Oriental Fortune fell by 3.5%. Almost all popular stocks were reversed, and large-scale capital selling continued.

At 2:51, when the market trading time entered the last ten minutes of the closing.

The crazy plunge and retracement of the two markets were curbed accordingly, and many popular stocks that were crazy about falling began to recover their losses.

However, although the overall market situation was repairing.

But the mood of the majority of market investors inside and outside the market was still sliding towards a worse situation, and the market investment confidence that had been slightly repaired before had once again collapsed.

"Fuck, this trend is really hopeless."

In the fierce discussion of all kinds of funds chasing highs and increasing positions today, the majority of investors lost money and the effect was extremely obvious. In the comment area of ​​the trading platform, someone complained.

"Ah, the market trend is really not subject to human will."

"I thought it would rebound for a few days, but I didn't expect... it's just like this! It's so weak."

"Before the bad news was released, the market plummeted, which is understandable. After the bad news was released, the market continued to fall, which is completely unreasonable. Where is the bull market? It's all scammers."

"Ah, I'm trapped again. I really shouldn't chase high today."

"There is no volume. It's really abnormal. The 'Yuhang No. 3' fund just issued by President Su, with a scale of 10 billion, was snapped up in half a day. No, I really don't understand why the market has no volume, where did all the money go? "

"Is the market really short of money? I don't think so. The key is that if it doesn't make money, who will come in?"

"Everyone is scrambling for the 'Yuhang Series' funds, because the 'Yuhang Series' funds can really make investors make money. With the current general market conditions of the A-share market, can people generally make money? "

"Make money? Haha... Don't think about it. If you can avoid losses, you will outperform 90% of investors. "

"Hey, the rebound is so weak, I'm scared. "

"Look at the trend of Beixin Road Bridge, it's really blinding. Yesterday, it was the ceiling, and today it looks like... it's going to hit the floor again. It's really like that, either the upper limit or the lower limit."

"Isn't that what a monster stock is like? This kind of volatility is really unbearable for ordinary people."

"Hey, there is no premium at all. It seems that yesterday's ceiling was simply a scam, or the main force saved itself."

"Yesterday's market trend really looked like the main force in the market saved itself."

"To put it bluntly, the market has not reversed at all, and it is still in a downward trend. Damn... I was really deceived by those bullish analysts."

"It's a downward trend. I've said that there is no bull market in the market."

"Those who believe in the bull market are all stuck."

"Hey, you still can't be greedy. You have to get out of here after taking a bite, otherwise you will be stuck in an instant."

"Again, don't release the eagle before you see the rabbit. The trading seat of Mr. Su of Yuhang Investment is the rabbit. As long as Mr. Su's trading seat does not buy again, it means that the market adjustment has not ended."

"Hey, this late-day plunge is really amazing."

"There is no support at all for 2300 points. As I said, let's see 2200 points first."

"None of those bullish institutions have good intentions."

"Fuck... I'm being cut back and forth. I'm going to cut my losses again when the market opens tomorrow. Hey... I don't think I'm suitable for stock trading."

"Don't trade to win. Every time I buy at the bottom, I buy on the mountainside."

"I'm really broken. I've been slapped in the face back and forth. This market trend is toxic. It seems... in the short term I can't participate in any way. Even if I participate, I can only hold a light position. "

"Let it fall, let it fall, it will be fine once it falls to the bottom."

"I am afraid of being cut by a blunt knife, that would be too miserable."

"Hey, it looks like it will probably continue to fall for a long time."

"It is said that May is poor and June is desperate, and it is true. I really didn't expect that the continuous rebound in early May was all an illusion."

In the constantly refreshed comment area, the bearish voices are one-sided again.

And with these bearish voices, the market's buying capacity has also shown a trend of further decline.

Finally, at the closing time of 3 o'clock, the Shanghai Composite Index almost closed at the lowest point, down 1.07%, barely holding the 2,300 point level. The Shenzhen Composite Index and the ChiNext Index both fell by more than 1.5%. A number of popular main concepts such as "infrastructure", "state-owned enterprise reform", "Internet finance", and "Shanghai Free Trade Zone" that rebounded strongly yesterday suffered another heavy blow today and became the leading decliners in the two markets.