Chapter 879 The Shanghai Composite Index Once Again Fell Below 3,600 Points!
In the entire market, almost no investors would have thought that the two cities would have such a trend at the end of the trading day.
What's more, I didn't expect that the market, which had almost completed the main line market switch, suddenly collapsed again for some unknown reason.
Of course, the most depressing one.
They are undoubtedly some investors who significantly increased their positions and bought near the highest point in the session.
"Damn it, this trend is simply poisonous, isn't it?"
Seeing the final closing results of the two cities, among the large group of retail investors gathered in the discussion area of the trading platform, some of them were speechless.
"Not only is it poisonous, it's simply insane."
"What the hell, what was going on at the end of the session? It was breaking through the trend pattern. Why did it suddenly collapse?"
"Today's market has been brought down by the three core main lines of 'big finance', 'big infrastructure' and 'military industry'. These three main lines are poisonous, right? They only hold back the market, damn... It’s just that I didn’t catch up on eating meat before, but now I’m beaten.”
"Oh, I originally thought that the market would be at this position and the main trend would switch, but I didn't expect..."
"It feels like it is still impossible for the major lines of 'big consumption', 'mobile Internet', 'smartphone industry chain' and 'film and television media' to stand out independently and to independently support the strengthening of the market. I don't know. What's going on? Such a strong money-making effect did not make it onto the market. Instead, in the afternoon, it was pulled down by the core themes of 'big finance', 'big infrastructure' and 'military industry.'
"Facts have proven that the core main lines of 'big finance', 'big infrastructure' and 'military industry' are the real driving forces of the entire market."
"The driving force of wool is almost a drag on the entire market."
"What is this called? Success comes with nothing, failure comes with nothing. The previous bull market expectations of the entire market were based on the core lines of 'big finance', 'big infrastructure' and 'military industry'. Nowadays, the entire market's Emotional decline naturally cannot escape the relationship between these core themes. "
"It goes up and then comes down. It's better not to go up at all."
"That's still different."
"The key is that if I didn't keep up before, I would have lost money."
"Hey, when will it end? Since 3800, the core main lines of 'big finance', 'big infrastructure' and 'military industry' have been in decline for several days."
"Who knows? I don't know who is smashing it today?"
"Previously, it was blamed on the main funds of the 'Yuhang Department' controlled by Mr. Su. However, after so many days of observation and the disclosure of the Dragon and Tiger List data, it has nothing to do with the funds of the 'Yuhang Department' controlled by Mr. Su. Mr. Su's 'Yuhang Department' The aviation system's funds, except for one hit on Monday, have not been hit at all since then."
"Haha, blame the 'Yuhang Department' managed by President Su for crashing the market? This is just an excuse for these institutions that have crashed the market these days."
"Agree, that's the excuse for these losers."
"When it was around 3800 before, these institutions were chasing chips on popular main lines like 'big finance', 'big infrastructure', and 'military industry' like crazy. Now they are like crazy and insisting on smashing the market. There is simply something wrong, or In such a short period of time, has the fundamental logic of many industry sectors and concept sectors in these major areas changed? It is simply unreasonable.”
"It shows that the specific investment strategies of these institutions are not based on fundamental logic at all, but are here for speculation and harvesting short-term profits."
“In this market, there are not many institutions that truly make long-term investments.”
"Looking at the entire institutional investment style in the industry, let alone holding shares for one, two, or even longer periods, there are very few who have held shares for more than half a year."
"Relatively speaking, the 'Yuhang Department' headed by President Su can be regarded as long-term investment institutional funds."
"Isn't that what it is?"
"Well, speaking of it, these institutions are not as good as hot money. At least hot money can invigorate the atmosphere in short-term games, create hype, and enhance the money-making effect and hype in the market. These institutions, in addition to forming a group, are just smashing the market. It is simply It’s… of no use at all.”
"More than that, these institutions only know how to follow the trend."
"Yes, this round...if the institutions hadn't followed Mr. Feng Su's 'Yu Hang System' too hard, I feel that the main lines of 'big finance', 'big infrastructure', and 'military industry' wouldn't have fallen so hard. "
"It's like this. The short squeeze was too strong in the past, and now it is naturally a continuous decline, because after the continuous surge in the past, the stocks gathered in the three core main fields of 'big finance', 'big infrastructure' and 'military industry' The amount of main funds is really too big, and there are too many main institutions gathered in these three core main areas.”
"Oh, unlucky, I just happened to enter the market on Monday to chase the position."
"It seems that the bargaining chips in the three main areas of 'big finance', 'big infrastructure' and 'military industry' are really not worth buying!"
"It's all collapsed. In the short term, it will definitely not be available for purchase."
"You can buy 'Film and Television Media', 'Smartphone Industry Chain', 'Mobile Internet'...these growth stocks that are biased toward the small and medium-sized board and the GEM board. At present, they don't have much future. They are still losing money."
“Isn’t it slightly better than buying chips from the main lines of ‘big finance’, ‘big infrastructure’, and ‘military industry’?”
"Not much better."
"On the whole, there is no clear main line of the market that can make money with a high probability. I thought that today's strongest line of 'film and television media' should have a certain continuity, but I didn't expect... let alone continuity, it couldn't even hold up for a day."
"The film and television media line is considered good. Look at today's 'big consumption', 'mobile Internet', and 'smartphone industry chain' lines. It's simply amazing."
"Why did the 'complete vehicle' sector fall so sharply in the afternoon?"
"Who knows? Maybe they think that there are still some problems with economic recovery. After all, if the auto market is to recover, everyone's consumption capacity must be improved, and everyone's consumption If you want to improve your ability, the macro economy must be greatly improved so that everyone can make money, right? "
"That's right. Since the macroeconomic expectations are problematic, the bull market expectations... should also be problematic, right?"
"I don't know about that. Anyway, the Shanghai Composite Index is at 3600 points. Looking at today's market trend, it is highly likely that this point will not hold up."
"Don't think about it. It can't hold up at all."
"I thought it could hold up, but I didn't expect it to be directly killed at the end of the day."
"Today's market K-line is really ugly. It is a complete continuous plunge, and it is the kind that can't see the bottom at all."
"Alas, once 3600 points are broken, I don't know where the bottom is."
"3500 points, it feels like there is still hope, right?"
"It's hard to say. 3500 points is not far from 3600 points, 100 points away. According to the previous continuous decline of the Shanghai Composite Index, it may fall in one day."
"It shouldn't be that bad, right? I feel that after falling for so many consecutive days, the market's momentum of selling has been almost released for the core themes of 'big finance', 'big infrastructure', and 'military industry'. "
"I thought so in the morning trading today, and in the morning's market performance, didn't the three core themes of 'big finance', 'big infrastructure', and 'military industry' rebound together with the three core themes of 'film and television media', 'smartphone industry chain', and 'mobile Internet'? But what is the result? In the late trading stage, these so-called early core themes whose momentum of selling has been almost released have sold more fiercely than anyone else. "
"If 3600 points can't hold, 3500 points can't be seen. "
"But I think the fundamental logic of the three core themes of 'big finance', 'big infrastructure', and 'military industry' should still be fine, right? "
"At present, it's hard to say! ”
“If economic recovery becomes a problem, then the fundamental logic expectations of the three core themes of ‘big finance’, ‘big infrastructure’, and ‘military industry’ will not be so strong.”
“If economic recovery becomes a problem, then what’s the point of talking about a bull market?”
“We still have to believe in the country. I think that the ‘reform and restructuring of central enterprises and state-owned enterprises’ is superimposed on the macroeconomic strategic concept of ‘the Maritime Silk Road on the Road of the New Era’. I think the future economic recovery expectations are still very strong. You can look at it with a high eye. At least for now, the market’s bull market expectations and bull market structure are still no problem, right?”
“At this point, the Shanghai Composite Index has also risen by about 70% this year. Isn’t this a bull market? It’s already a bull market, right?”
“Not many people doubt the expected logic of the bull market, that is, the core themes of ‘big finance’, ‘big infrastructure’, and ‘military industry’. The current continuous sell-off trend is really annoying.”
“There is no way. The previous increase was too much.”
“How can these core themes stabilize? ”
“At present, unless the decline is about 20% and falls to the starting platform of the previous major core main lines, it will definitely be difficult to stop the decline. In addition, the main funds of the ‘Yuhang system’ headed by General Manager Su have increased their positions and gone long in these major core main lines again, allowing the main funds of the ‘Yuhang system’ and other funds that follow General Manager Su to lift the market of these major main lines. ”
“This is impossible. General Manager Su just reduced his positions before. How could he buy them back at this time? ”
“There is nothing impossible. The main funds of the ‘Yuhang system’ headed by General Manager Su are weird and changeable in their operation strategies. ”
“Alas, can the market only stabilize when the two core main lines of ‘big finance’ and ‘big infrastructure’ stabilize?” ”
“At present, it seems so. ”
“In fact, when the main capital institutions gathered in the main fields of ‘big finance’ and ‘big infrastructure’ come out, it should be almost done. I feel that today’s rapid sell-off is the last sell-off and inducement trend of the major institutions in these two core main fields.”
“Induce to sell? No way? I really can’t see any trace of inducement to sell.”
“Whether it is to induce to sell, we will know by looking at how the market moves next Monday. I feel that the momentum of the sell-off in the two core main fields of ‘big finance’ and ‘big infrastructure’ has been released almost, especially in the core main field of ‘big infrastructure’. In fact, the adjustment of this core main field has started since September and October.”
"Well, yes, I feel that under the macroeconomic strategic concept of the 'Maritime Silk Road in the New Era', it is obvious that the core line of 'big infrastructure' will definitely be faster than the main line of 'big finance' Some will come out faster, but at present... the one who really wants to participate in the market is the 'Film and Television Media' sector. Buying film and television stocks should be able to avoid the market's sharp decline. "
"But today's stocks in the 'film and television media' sector, such as 'LeTV, Huayi Brothers, Guangguang Media, Ciwen Media, Huace Film and Television...' these stocks were not able to stabilize today, and they were all in late trading. It’s dropped a lot.”
"Although it is not very stable, compared with other market main lines, it is still very strong, right?"
“But the check for ‘universal education’ is stable today.”
"Yes, the 'All Access Education' check is very strong today, and the daily limit has never been opened. Sure enough, the concept of 'Internet online education' has now completely come out."
"Is the concept of 'Internet online education' a branch of the main line of 'mobile Internet', or is it a branch of the main line of 'film and television media'?"
"It should be regarded as 'Film and Television Media', right? After all, the stock of 'Quantong Education' belongs to the 'Film and Television Media' sector!"
"No matter which branch it belongs to, we just need to rely on this line."
"It makes sense. At present, this sector is the only one that can be used. In the past few days, this sector has shown a sustained profit-making effect."
"At the end of today's trading, the sectors of 'Nonferrous Metals', 'Petrochemicals' and 'Coal' also experienced changes. What do you think?"
"Don't look at it. These sectors are currently sinking sectors. Whoever buys them will be unlucky."
"That's pretty much it. Whoever buys it will be unlucky."
"It's just a rebound from oversold conditions. Just watch. In less than three trading days, these major sectors will continue to hit new lows."
"Petrochemicals, non-ferrous metals, coal... haha, you really don't want to buy these sectors. Anyway, I lost a lot of money in the coal sector, and I will never touch the market in this sector again."
This is accompanied by discussions among a large group of retail investors on trading platforms.
It is also accompanied by intense discussions among numerous investor groups in major stock investment exchange forums, communities, post bars and other places across the Internet.
During the after-hours market time lapse.
Countless investment institutions, brokerage analysts, and even the so-called financial influencers and stock gods in the industry.
Although we are also very disappointed with today's market trends in the two markets and the closing results, everyone is still concerned about their views on the market outlook.
But he still continues to be bullish without any thought.
Even many industry analysts believe that the Shanghai Stock Index's position near 3,600 points is the bottom of the market adjustment.
At the maximum limit, the Shanghai Stock Exchange Index will not fall below 3,500 points.
From the perspective of these people, when 5:30 pm comes, the rankings of the two cities are refreshed.
When everyone focused their attention on the dragon and tiger lists of the two cities, they couldn't help but find that the main fund-related trading seats of the 'Yu Hang System', which attracted everyone's attention, still remained invisible, and today in the 'Big Finance', 'Big Finance' The main force behind the selling on core main lines such as "Infrastructure" and "Military Industry" is still the main institutional force in the industry. On the contrary, it is hot money. They are also actively buying on the Dragon and Tiger List and actively placing orders to take on a number of conceptual stocks. (End of chapter)