Chapter 799: Advance Market Prediction!
"What huge problem?" Standing next to Fang Xinsheng, Mou Zhengxing, the product trading manager of the 'Manniu No. 2' fund who was also carefully reviewing the market performance in the morning, did not hear Fang Xinsheng's words clearly for a while, and couldn't help but hurriedly recovered and asked, "Mr. Fang said that the market rose too sharply this morning, and the sentiment advanced too quickly, which resulted in many stocks not changing hands enough and the chip structure being unstable. Is it very likely that there will be a diving trend in the afternoon?"
Fang Xinsheng chuckled, shook his head, and said: "I'm not referring to today, but to the upward trend of the entire market, which seems a bit too eager. You know, the index trend pattern is advancing so fast, and the market's hype mood, Investment sentiment has always been in a relatively hot state.
This will lead to the weakening of the desire of many short- and medium-term capital groups that have made substantial profits at this stage, as well as the newly added capital groups to unwind their arbitrage, to sell immediately.
That is to say, the market's short- and medium-term profit orders and unwinding orders will become more and more serious.
Once the market's position capital groups, the desire to sell continues to weaken.
Then, the market turnover rate will inevitably continue to decline, and at the same time, the number of accumulated profit orders and unwinding orders will also rise rapidly.
However, we all know it.
The continued hot investment sentiment and speculation cannot be maintained forever.
Subsequently, as the market news changes, or after the market continues to surge, the money-making effect weakens, and its investment sentiment and hype sentiment are bound to decline and weaken after many good things are realized and profits are realized.
And when the mood enters a recession.
Then, as the market continues to rise, the huge profits and arbitrage accumulated continuously will naturally be sold intensively at this time.
However, what is clearly foreseeable is...
In this case, it is difficult to withstand the concentrated influx of profit-taking and unwinding of arbitrage, and the bullish power of the declining market, or the bullish power that has reached the end of its strength.
It's like a dam holding water.
If the rainfall continues to increase and the water level of the river continues to rise, and the dam no longer continues to release water in front of it to maintain a safe water level, once the water level significantly exceeds the warning line, it will be too late for the dam to release the flood.
The long capital group in the market cannot bear the profit taking and settlement of concentrated selling.
Continuous extreme market adjustments are very likely to occur.
And when extreme market adjustments continue to occur, the market's money-making effect is bound to decline rapidly and quickly enter the money-losing effect stage.
These market performance factors will further drive new investors to quickly stop losses.
In the end, a comprehensive stampede by the financial group was formed.
It can be said that once the market develops to this situation, the investment confidence that the market has finally built up will be greatly tested. At the same time, the current upward trend of the market will inevitably be completely reversed, and the market pattern of 'bull market' will be completely reversed. , will also fall into great uncertainty.
These...are what I'm worried about.
As for the short-term trend of the market, or the intraday trend.
As long as the overall chip structure of the market has not been completely loosened and the newly added long financial power in the market has not been completely exhausted, there should not be much of a problem. "
After listening to Fang Xinsheng's analysis, Mou Zhengxing reacted and said with a smile: "Although Mr. Fang, you said this is a hidden worry in the current development of the market, but now that the market sentiment has reached this point, the short squeeze continues to rise. The situation has also been formed.
Then we cannot change the market trend, or affect the market performance.
In the final analysis, as a member of the group of profit-making funds on the market, in this case, we can only follow the market trend and harvest the last bit of excess profits in the market as much as possible. "
"You can't say that." Fang Xinsheng pondered for a moment, took Mou Zhengxing's words, and continued, "With the scale of funds managed by our institution, although we cannot change the current market trend and the market trend, it will affect market sentiment. transformation.
However, on the premise that we know that there is such a hidden worry and hidden danger in the market.
We can prepare corresponding investment and trading strategies in advance, so that we can deal with the trend changes and market changes that are likely to occur in the subsequent market.
At the same time, we know the current shape and position of the market.
Knowing the development of the index and the specific main line market trends, you can maintain a clear-headed view of the market and not get lost in the current hot market emotions, so that you can continue to adjust positions on a large scale and concentrate your positions to continue chasing the corresponding market trends. Popular stocks further squeeze excess profits from the market.
In other words, only by knowing yourself and the enemy can you win every battle.
Only when we know the possible development direction of the market and have sufficient expectations in mind will we not panic when facing extreme changes in the market that are very likely to occur. "
"Xiao Fang is right!" At some point, Liu Xin, the general manager of Xiniu Fund Company, also came to the main fund trading room. After listening to Fang Xinsheng's words, he answered with a smile, "They all say that the market Be cautious when the market is crazy, and be optimistic when the market is pessimistic. It seems...this sentence is valid whether it is a bull market or a bear market.”
Hearing Liu Xin's voice, Fang Xinsheng looked back at him, nodded slightly, and said: "When the market sentiment is crazy, fear is present, and when the market sentiment is panic, greed is present. These are two relatively extreme reflexive states in the trading market. Although the market often does not necessarily respond to the trend immediately according to the emotional reaction, it is always right to be cautious when it is time to be fearful and optimistic when it is time to be greedy."
"Then according to what you mean, Mr. Fang..." Mou Zhengxing heard the conversation between the two, pondered for a while, and said, "At the current stage, our company's two main fund products should not only not continue to eliminate the weak and retain the strong, adjust the position structure, and further concentrate the positions, but should consider 'reducing positions to stop profits'?"
Fang Xinsheng continued to nod and said: "This is natural. In the current market, many industry players All institutions judge that the market will be crazier in December, because institutions will operate more aggressively for the performance ranking at the end of the year, and there are still potential positive factors that have not been realized in the market.
However, everyone has forgotten.
At the current stage, the active capital groups that should enter the market have basically all entered the market.
The subsequent major market long increment can only come from a group of potential investors outside the market and other new funds entering the market.
In other words...
Next, regardless of whether there is a positive stimulus.
The capital flow from the outside market will continue to decrease, while the potential short selling force accumulated in the market is increasing.
In this case, even if there is a potential positive, it will only be a positive realization, and it will become a negative trend.
What's more, when everyone in the market predicts that the market will develop in one direction, At times, the market situation often does not develop in the direction everyone expects.
Therefore, we reduce our positions in advance to stop profits.
From this moment on, for every point the Shanghai Composite Index rises, we will reduce our positions by 5%, harvest profits immediately, and stop when we see good results. It is still very necessary to maintain the current net value of our company's two main fund products. "
"I think Xiao Fang is right." Without waiting for Mou Zhengxing to respond, Liu Xin said again, "After the market's continuous squeeze and rise during this period, our two main fund products have reaped rich profits by accurately betting on the popular main line of "big finance", "big infrastructure", and "military industry". At the same time, the performance of its fund net value has also greatly exceeded our previous expectations and completed this year's performance target. In addition, the performance ranking of related fund products in the industry is In terms of performance, we have also achieved excellent results and have been generally recognized by the vast number of investors who have invested in us. So... since the market development has already shown certain concerns.
Then there is really no need to take risks and make aggressive operations.
At this time, it is enough to stabilize the performance ranking of our fund products and control the retracement of the fund net value at the end of the year.
With the existing performance and results.
As long as the market situation is not too bad, we will not have any pressure in business expansion. "
When Mou Zhengxing heard Liu Xin's words and saw that the two heads of the company said so, he could only continue to keep his own opinions, and then nodded and said: "Since Mr. Fang and Mr. Liu both think so, I will immediately ask everyone to change the corresponding trading strategies and follow the trading strategies that Mr. Fang just said. "
After that, he called a short lunch meeting for several trading groups in the trading room.
The new trading strategy was quickly conveyed.
At the same time, the market's morning market conditions and the performance of individual stocks held by the fund were sorted out again, and the standards for individual stocks that should be prioritized for reducing positions and stopping profits under the strategy of "reducing positions and stopping profits" were made.
And with the change in the trading strategy of Xinniu Fund Company.
The lunch break was also fleeting.
Unconsciously, it was 1 o'clock in the afternoon. After a brief suspension of one and a half hours, the two markets ushered in formal continuous bidding transactions again under the further brewing of the bullish sentiment in the market, and under the different strategy conversions and different interpretations of the market by the main capital groups and institutional groups in the industry inside and outside the market.
The pointer of time just passed 1 o'clock.
The stagnant market of the two markets began to change rapidly, and no matter whether it was the Shanghai Composite Index, A50 Index, Shenzhen Composite Index, ChiNext Index, or Small and Medium-sized Index, they all climbed again in an instant, quickly repairing the morning before the midday closing. The short-term correction trend of the market.
At 1:01, the Shanghai Composite Index rose again to a 1.85% increase.
At 1:02, ‘Huaxin Securities’ rose by more than one point and once again stood at a 6% increase in the day.
At 1:03, the ‘Securities’ sector index rose again to a 3.75% increase.
At 1:04, the intraday increase of ‘Huaguo Construction’ also crossed the 6% mark again.
At 1:05, the stock price of ‘Huaguo Zhongye’ rose again, and with a thunderous momentum. , breaking through the morning's high point, with an increase of 8%, and a tendency to hit the daily limit.
At 1:06, 'Fushun Special Steel' hit the daily limit.
At 1:07, the stock price of 'Huaguo Zhongye' hit the daily limit.
At 1:08, under the main attack of 130,000 large buy orders, the stock price of 'Huaguo Zhongye' completely hit the daily limit, and the stock price also hit a new annual high at this moment, completely getting rid of the shock adjustment that lasted for nearly 2 months, and once again showing a main upward trend of the breakthrough pattern.
At 1:09, the Shanghai Composite Index reached the 2% increase mark.
At 1:10, the two heavyweight stocks, ‘China South Locomotive and Rolling Stock Corporation and China North Locomotive and Rolling Stock Corporation’, rose together and stood on the 5% increase mark within the day. At the same time, the daily trading volume of the two stocks also broke through the 1.5 billion mark at this moment, and the active buying funds on the two stocks were endless.
At 1:11, the ‘Securities’ sector index rose by more than 4%.
At 1:12, the share price of ‘China Investment Capital’, the leading stock in the securities sector in the early stage, hit the daily limit.
At 1:13, the stock of ‘China Investment Capital’ hit the daily limit, and at this moment, the net inflow of the main funds in the securities sector once again exceeded 3 billion. This shows that in the process of the securities sector continuing to squeeze upward and continuously creating new highs, a large number of main funds are still increasing their positions in this direction on a large scale.
At 1:14, the share price of ‘Hengsheng Electronics’ hit the 8% increase mark.
At 1:15, the ‘Internet Finance’ sector index also hit a new intraday high, and the intraday increase has quickly approached the 5% increase mark.
At 1:16, the intraday increases of the two major weighted sectors of banking and insurance all returned to above the 2.5% mark.
At 1:17, the intraday increase of the A50 index also hit a new intraday high, returning to the 2.5% increase mark.
At 1:18, the number of stocks that hit the daily limit and the number of stocks that closed in the red in the two markets also hit new highs, and the overall money-making effect of the market reappeared the crazy scene.
At 1:19, the funds that overflowed to the "Internet software" and "Internet application" industry sectors also began to rush to buy on a large scale. Among them, a number of related stocks such as "Huaguo Software, 2345, Inspur Information, Netspeed Technology, Ren Zixing, Anshuo Information..." also followed the abnormal movement.
At 1:20, the Shanghai Composite Index successfully stood at the 2% increase mark.
At 1:21, the Shenzhen Composite Index and the ChiNext Index also set new intraday highs.
"Fuck, crazy, this market trend is really crazy." At about 1:25, in the Magic City, Zexi Investment Company, in the main fund trading room, staring at the real-time changes in the two markets, Zhou Kan, who was focused, was shocked again and said in surprise, "Looking at this trend, is the Shanghai Composite Index really going to stand directly at 3,600 points in one breath?"
In his exclamation.
The Shanghai Composite Index is less than 15 points away from the 3,600-point mark.
According to the trend of the Shanghai Composite Index rising rapidly again after the opening of the afternoon, it may take another ten minutes for the Shanghai Composite Index to jump over the 3,600 point mark. (End of this chapter)