Chapter 438 Future Ambition!

However, the good times did not last long.

Following the trend, funds received both on and off the market broke out in an instant in the afternoon. In just five minutes, the time-sharing volume of the two cities quickly declined again. The rapidly rising "infrastructure", "state-owned enterprise reform", and "Internet" Popular concept stocks in the core main fields such as finance have retreated rapidly due to the decline in volume, quickly giving up the gains created in the first few minutes of afternoon trading.

"Damn it, you still can't get up?"

Seeing that the market trend quickly fell back after the concentrated volume energy exploded, at this moment, in the main hot money group of Yuhang where Su Yu was, some hot money couldn't help but complain: "This can't open up space, so this afternoon , there is no hope for the follow-up market.”

"Beixin Road and Bridge just almost hit the daily limit, which is really a pity."

"It's useless. Even if Beixin Road Bridge hit the daily limit just now, no one dares to forcefully close the market at this position, which is equal to zero. When the time comes, if the market is closed and then exploded, that will have an impact on market sentiment and the impact of the entire market speculation. It would be better not to close the board in the first place.”

"But if the Beixin Road Bridge is not closed today, then the expectation of this check will be shattered."

"As the saying goes, a faucet that has passed is not as good as a dog! There are already layers of holding chips above the Beixin Road Bridge, and there is no room for further speculation. It can rise today because there are Funds want to take advantage of the popularity of this stock to influence market sentiment, right?”

"Hey, in fact, although the index rose well today, there are not many trades that can be made."

"Indeed, except for the real estate sector, which has a little bit of counter-contracting meaning and you can try it, in other fields... the risks of participation are really much greater than the expected returns."

"This shows that the current market conditions seem to be hot, but there is no continuity at all!"

"There is still insufficient sentiment to gather an effective and continuous following effect. If the market sentiment is sufficient, there is actually a lot that can be done."

"Isn't this nonsense? If the market sentiment is hot, I would dare to block the Beixin Road and Bridge."

"Hey, once your hands are tied, it will be even harder to do."

“I feel that with this kind of market trend and this kind of market change, I won’t be able to survive the closing!”

"I also have a bad premonition, hey... forget it, the market sentiment is not good, so I can only give up. Since I missed the opening wave in the morning, I won't open a position today."

"Yes, it's always good to be cautious."

"I always feel that the market has not fallen completely, the market cannot rise, and the rise is hesitant."

"I also feel that today's market trend is very unfavorable, and the hot spots change too quickly, from big finance in the morning, to 'infrastructure', 'state-owned enterprise reform', 'Internet finance' and other hot topics in the early stage, and then to near noon. The "growth stock" route of small and medium-sized boards and GEM during the market is really difficult to participate in. You can't grasp the rhythm at all. If you don't pay attention, you will start to make mistakes as soon as you enter the market. "

"Not to mention, the trend in the past few minutes in the afternoon is obviously a trick."

"To be honest, there are no obvious sustainable hot spots. The market trend of 'oversold rebound', to be honest... is it necessary to participate?"

"Let's wait until the market drops completely. It is too difficult to participate in a mid-way rebound in this downward trend."

“I don’t understand why the regulators did not wait for the index to fall to 2200 points, and then released the benefits of the ‘Shanghai-Hong Kong Stock Connect’ after the index fell to 2,200 points. I believe that by then, the same good news will have better effects than now. On many.”

"Well...the leaders don't analyze the market, so you are just like the 'Emperor's Golden Pole'."

"I don't think it matters. You can't have too many good things. As long as the overall fundamentals of the market are improving, if it falls, it will rise sooner or later."

"You use the word 'sooner or later' very well!"

"Sooner or later in the big A market, it is calculated in years."

"There's no need to be so pessimistic. Didn't Mr. Su already say that the market is already in a bull market?"

"I feel like you're being sarcastic. Mr. Su has already cleared out all his stock!"

"Liquidating is not necessarily correct. It should be said to be reducing positions. The 'Yu Hang Group' currently has three main funds and an asset management scale of 30 billion. How can it be possible to completely liquidate."

"That's right, hey... the main fund of the 'Yu Hang Group' discloses its position data at intervals that are too long, otherwise it would be a good target to follow."

"Just kidding, I can keep you up, so what else is Mr. Su doing?"

"Just saying, after all, Mr. Su now holds such a large amount of funds, the data on the Dragon and Tiger List can no longer reflect his views on the market conditions and operating motives."

"Just be content. The data on the Dragon and Tiger Ranking of 'Wealth Road' looks pretty good."

"Yes, if Mr. Su's 'Way to Wealth' doesn't show up now, other active main funds in the market will be like headless flies. Look at the recent market, what's going on? There is actually a road that can undertake 'infrastructure' , The main line of market conditions for 'state-owned enterprise reform' cannot be revealed."

"Hey, there's no other way... Let's wait for the 'bright light' to show up before making a bet!"

"Indeed, Mr. Su is truly the beacon of the big A market, like no other."

The news in the group is being refreshed rapidly. The market trading time has passed 1:15. The three major indexes of Shanghai Composite Index, Shenzhen Composite Index and ChiNext Index have completely given up the new gains made in the early afternoon and are still in the process of gradual correction. among.

In addition to the index...

Other major hot main lines in the market, the hot stocks in the two cities that moved frequently in the early afternoon trading, are also in a trend of gradual correction, and all related market gains have fallen back.

At 1:20, the Shanghai Composite Index briefly stabilized near 2263 points. Beixin Road Bridge, the hottest stock in the two cities, fell from the highest intraday increase of 9.55% in a flash, and slowly stabilized in the range of 5% to 6%, and entered the sideways oscillation mode again.

At 1:30, after a short sideways adjustment, the Shanghai Composite Index began to attack again.

At 1:42, the Shanghai Composite Index reached near 2270 points again, and the increase was close to 1.5% again. At the same time, Beixin Road Bridge once again tried to pull up and hit the daily limit, but in the end, because the amount of funds to follow the trend was limited, it rose briefly and fell back like lightning.

At 1:46, after Beixin Road Bridge failed to close the board for the second time and the market's hot money activity was significantly reduced, the speculation sentiment in the market began to decline. Whether it was the popular concept stocks of the three main lines of "infrastructure", "state-owned enterprise reform" and "Internet finance", or the popular concept stocks of "growth stocks" in the direction of small and medium-sized boards and GEMs, they all encountered heavy selling, and the increase retracement instantly widened.

At 1:48, due to the changes in the market of many popular concept stocks in the two cities, this market selling pressure quickly spread from popular concept stocks to the entire market.

At 1:50, the Shanghai Composite Index retreated to around 2263 points again.

Then, when everyone thought that the Shanghai Composite Index would slowly stabilize at this position like the last time during the session, and enter a sideways oscillation state.

The rapidly expanding market selling pressure instantly broke through the 2260 point level of the Shanghai Composite Index.

Immediately afterwards, the retracement of both the index and individual stocks in the two cities began to accelerate rapidly.

At 1:55, in just 5 minutes, the Shanghai Composite Index retreated to 2255 points, breaking through the 1% increase mark and retreating to within 1% increase. At the same time, Beixin Road Bridge almost dived in a straight line, shrinking the stock price increase to about 3 points.

At 2:01, when the market entered the last hour of trading time, the Shanghai Composite Index retreated to around 2251 points, basically giving up all the gains made during the session after the morning high opening. It can be said that the index has fluctuated for most of the day and returned to the original point at the opening.

At 2:08, after the Shanghai Composite Index hovered at the 2250 point mark for a long time, it continued to break through this mark and shrunk to the range of 2240 to 2250 points.

At 2:15, after the Shanghai Composite Index hit a low of 2245.96 points, it experienced a short and rapid rise and returned to the 2250 point mark. At the same time, Beixin Road and Bridge directly fell into the water, and Jinhu Group's increase retreated to about 2%. Although the entire real estate industry sector still led the two markets, the increase had fallen back to 1.75%, almost half of the highest increase of 3.36% during the session.

At 2:20, the Shanghai Composite Index continued to attack upward from 2250 points, but just after reaching 2256.39 points, it was suppressed by the continuous heavy selling orders in the two markets.

"Damn, why is there such a huge selling pressure all of a sudden?"

Feeling that the Shanghai Stock Exchange Index was having difficulty going up, and that all the major hot spots in the entire market were dispersing, at this moment, in the Magic City, inside Yinghui Fund Company, in the 'Yinghui No. 2' fund product trading room, the fund manager Shao Xiaoyun, who had just completed the plan to increase his position in the morning, looked extremely ugly, and couldn't help but curse: "What's going on? It can't go up at such a good opportunity. The funds sold are simply crazy."

"Boss Shao, the situation is not right!" At this time, the trading team leader Liu Changling also obviously discovered that something was wrong with the market, and hurriedly said, "If this K-line can't go up, then the current market pattern will become a downward relay, and the market outlook is not optimistic. We are afraid that the timing of increasing positions... is not right."

Shao Xiaoyun rolled his eyes at Liu Changling and thought to himself: "Nonsense, can't I see it?"

But at this time, he knew that yelling was useless, and he couldn't help but suppress his emotions and said: "Since it's wrong, it must be changed."

"Subtract the same chip position that was increased in the morning at the end of the trading day?" Liu Changling asked anxiously

This reduction was a slap in the face.

Shao Xiaoyun gritted his teeth and said fiercely: "Reduction, just treat it as a reverse T. Since the trading plan is wrong, it must be corrected in time. Otherwise, if it is not reduced at this time, the subsequent losses will be more serious. Anyway, I am a newcomer in the industry. Unlike some guys who rely on their seniority, they have psychological burdens in correcting trading strategies."

Liu Changling knew who he was talking about, but did not dare to talk. He nodded quickly and quickly issued instructions to the traders.

Then, as his instructions were issued.

At this time, the market trading time had moved to 2:33.

The Shanghai Composite Index retreated to the 2250 point line again. Beixin Road Bridge hovered underwater and could not get up again. The increase of Kumho Group continued to fall below 2%. The increase of the real estate sector was still retreating. The hot spots and main concepts that had performed well in the market, such as "infrastructure", "state-owned enterprise reform", "Internet finance", "Shanghai Free Trade Zone", "mobile Internet", and "smartphone industry chain", were all scattered and retreating.

At the same time, the hot stocks with large weights dominated by hot money in the two cities.

It has become the area with the heaviest selling pressure and the most violent high-diving in the market. Of course... This also indirectly shows that the active hot money in the market is leaving the market crazily.

"Hey! Remember... you owe me a meal."

Seeing the Shanghai Composite Index fall back to the intraday low again, at 2:35, inside Yuhang Investment Company, in the main fund trading room, Su Yu smiled and stared at the two markets, and said to Li Meng: "This diving arc is really beautiful. This time... the market is really not far from the stage bottom."

Li Meng smiled and responded: "I am willing to accept the bet, what do you want me to treat you to?"

"I haven't thought about it yet." Su Yu smiled and said, "I'll tell you when I think about it."

"Okay!" Li Meng nodded, Turning the topic back, "You are actually quite happy with such a weak market trend."

Su Yu laughed and said, "It is normal for financial trading markets to rise and fall. There is no need to care so much about the temporary rise and fall. And I think... it is good to consolidate the bottom chip range at this time. As the saying goes, the longer the horizontal, the higher the vertical. The Shanghai Composite Index is currently in the range of 2000 to 2500 points. It has been fluctuating for several years. It is time to look forward to something."

"Are you so sure?" Li Meng asked.

Su Yu nodded and responded, "Confidence is a necessary skill for a market trader."

"But why do I always feel that your so-called 'bull market' is still too far away." Li Meng said, "I always feel that the market will fall back to 2000 points."

Su Yu smiled and said, "It's right to have this feeling. I hope that most investors in the market feel the same as you."

"Why?" Li Meng continued to ask.

Su Yu responded: "It's very simple. The car at the bottom can't carry too many people. The market situation is moving forward step by step in hesitation. If everyone has the same expectations, the market situation will most likely go the other way. This has been verified countless times in the past market history."

"Okay!" Li Meng said with a smile, "Since you won, I can only choose to continue to believe in you."

Su Yu emphasized with a smile: "It's not about believing in me, but believing in the power of the market. Just watch... The real turning point of the market will come soon, and what we have to do is to invest more than 30 billion yuan of funds from the three main funds in the market in the next period of time before the real turning point of the market comes, and get the bottom high-quality chips."

After speaking, Su Yu's eyes were full of energy, and in a blink of an eye, he turned his eyes back to the trading disk of the two cities.

During the brief exchange between the two, the market trading time had slid to 2:45, and the Shanghai Composite Index broke through the 2245 point, retracing the intraday increase to less than 0.5%.