It is controllable, otherwise the central bank would not have allowed this crisis to spread to this point."

"What do you mean?" Wang Can on the side didn't quite understand. "Mr. Su, you mean that the central bank deliberately did not rescue the market?"

"It's not intentional!" Su Yu said, "It's the commercial banks that misjudged and made the mistake of making excessive loans in advance."

After saying that, Su Yu glanced at Wang Can and continued: "You should study the investment logic of the market more. Do a morning analysis, a midday analysis, and a closing analysis for me every day. At the same time... don't keep your eyes on the market. Pay more attention to off-site news, otherwise it will be difficult to make progress."

Once he entered the company and became a superior-subordinate relationship, Su Yu didn't have so much kindness to talk about.

So, I no longer spoke politely.

Wang Can knew that Su Yu really wanted to teach him, and he also really wanted to learn, so he nodded and said nothing.

Li Meng couldn't help but smile softly when he saw that Wang Can, who was so big and tall, looked like a primary school student in front of Su Yu. Seeing that the time was approaching 9:10, he stopped talking and carefully read important market news. For stocks that have major positive news or negative news before the market closes, as well as some stocks that I am concerned about and plan to open a position in, I cut out multiple interfaces and made all preparations for the opening of the market.

Su Yu was in silence between the two of them...

Instead, his eyes moved from the two markets to the retail investor group and hot money main group of classmates he had added.

In the classmate retail investor group, there is not much information discussed except complaints. In the hot money main group, some people who hold positions for the weekend are complaining, but there are also many people with short positions who have a positive attitude towards this kind of market bad news. I feel that the central bank will definitely rescue the market. I feel that the 2,000-point mark of the Shanghai Composite Index is still quite supportive and will not fall below easily. I am waiting for the market to open and use panic to buy bottoms.

"Brother Su, what do you think of today's market?"

When he was checking the messages in the group, and there were only 3 minutes until the collective bidding time of the two cities at 9:15, Zhao Qiang sent him a message on the chat software.

Su Yu replied with a smile: "The market investment sentiment is extremely poor, and there are major negative news. In the minds of the majority of retail investors, the Shanghai Stock Index should have reached its limit at this moment. Although the performance after the opening may not be so bad, under today's situation, if Without direct positive stimulus from the central bank, it would be difficult to reverse the trend."

"Are you also bearish?" Zhao Qiang said, "The Shanghai Stock Index is only 3 points away from the 2,000 point mark. This is the lowest area hit in April, and it is also an extremely important integer point mark. Since 2008, , it has not broken through this support in 5 years. In addition, the market has reached this point and has dropped more than ten points in advance from the rebound high point in early June. This fully reflects the negative impact of the market. I think it is fair. Don’t be too pessimistic.”

"In the long term, we are definitely not pessimistic." Su Yu said, "But under the current situation, the market's money shortage has exploded, and institutional positions have fallen into a cannibalistic prisoner's dilemma. The market has no real financial push. It’s difficult to hold on to 2,000 points!”

"And it's wrong to say that all the downside is gone."

"The market has indeed fallen by more than ten points in a row from the beginning of June to now, which fully reflects the bad news in some markets and the need for a rebound from oversold conditions."

"But no one expected that the money shortage in the banking system would spread to this point."

"We never expected that banks' overnight repurchase rates and interbank lending rates could skyrocket tenfold overnight, generally reaching over 30%."

"In other words, this is negative news that exceeds market expectations, and the market will definitely react."

"It's just that it's definitely not as exaggerated as the index falling to the limit."

"If the 2000 point is directly penetrated and then falls further, it will be even more difficult to build confidence again!" Zhao Qiang agreed with Su Yu's point of view to some extent and couldn't help but sigh, "Hey... I didn't expect it.

, more than ten years have passed since the Shanghai Stock Index broke through the 2,000-point mark for the first time, and the Shanghai Stock Index is still struggling here."

"If you don't break it, you won't establish it!" Su Yu said, "If you don't break through the last line in the hearts of investors on the market, you won't be able to travel lightly and rebuild confidence in the future market. Here... it's just right to be short and long!

"

When Zhao Qiang heard this, he smiled and said, "That's right. Look short and do long."

During the brief discussion between the two, 9:15 arrived.

Su Yu closed the chat box and instantly turned his attention back to the call auction boards of the two cities.

I saw nearly 2,000 stocks in the two cities, and only a few dozen were in the red. The rest of the stocks all opened lower. All industry sectors and concept sectors also opened low, and there was no red market. Among them, the "big financial" sector with the main board weight directly fell.

After opening 3 points, several local commercial banks saw their initial collective bidding fall by more than 7 points.

With the screen full of green, he looked at several core concept stocks that he was paying attention to.

I saw that Shanghai Steel Union opened lower by nearly 5 points; Huaqingbao opened lower by 4 points; Wangsu Technology and Fenda Technology, which have institutional holdings, opened lower by nearly 6 points; LeTV, Oriental Fortune, and Flush All

It opened about 3 points lower, similar to the decline of related concept sectors.

Saw such a brutal initial collective bidding scene.

Su Yu and Li Meng, who had expected it before, looked quite calm on their faces, while Wang Can was stunned and said in surprise: "Looking at this situation, you won't open the market directly below 2000 points, right?"

"Probably not." Su Yu replied, "near 2000 points, there will definitely be resistance. This... after all, is the psychological support level for many long investors on and off the market. Furthermore, the GEM index is away from 1000 points.

The mark is closer to 2,000 points than the Shanghai Stock Index. With the GEM 1,000 support line in front of it, it is not easy for the Shanghai Stock Index to directly penetrate 2,000 points."

As he spoke, time quickly passed by 9:16, 9:17, and 9:18.

Then, it quickly entered the real collective bidding time period from 9:20 to 9:25.

As time passed by minute and second, the brutality of the call auctions in the two cities became more and more fierce. Finally, at the moment when the time was fixed at 9:25, the Shanghai Stock Index finally fell by 2.81%, opening at 2015.06

point, the GEM index fell by 2.37%, opening at 1002.87 points.

As for the industry sector and concept sector, there is still no red plate.

Among them, the 'Big Finance' sector and the 'Internet Finance' sector were among the top losers. Several local commercial bank stocks were approaching their lower limit. Internet financial concept stocks such as Shanghai Steel Union, Tianyu Information, and Yinjie Holdings were also close to their lower limit.

Extremely tragic.

But despite the opening results of the two cities, they were extremely unsatisfactory.

The index still held the most critical support point, retaining the last trace of long hope and sentiment.

"Sure enough, it still opened above the support position." Seeing the final opening result, Li Meng sighed with a smile, "Looking at the support strength of the Shanghai Stock Index at 2,000 points and the ChiNext Index at 1,000 points, it is still quite strong. Now the two major indexes,

They all held the key points, and after the market opened... there was a lot of money, so they should be grabbing for a rebound, right?"

As she spoke, she looked at Su Yu.

I would like to know his opinion and whether he can buy at the bottom here.

"There should be a short-term rebound," Su Yu said, "but with the current financial situation and the market's pessimistic risk aversion, if we want to fully absorb the panic selling here and the passive reduction of positions by many major institutions, we hope that

It’s still very slim, so... check the market acceptance first, and don’t rush to build a position.”

Li Meng nodded slightly when he heard Su Yu's words.
Chapter completed!