Chapter 360: Crush 2200 points!(1/2)
"Yes!" Li Meng responded, "Considering the market volume, it is unrealistic to attack the pressure position of 2200 points when the market has continuously accumulated a large number of short-term profit orders. After all, no matter how good the mood is, growth will
If the amount of funds cannot keep up, it is useless to be unable to accept a large number of profit-taking and hold-up orders at this position."
"Does this mean that the market is bound to adjust at this position?" Wang Can asked.
Li Meng nodded and said: "About that. The Shanghai Stock Index has rebounded strongly in the past two days. It has almost passed the 100-point position and touched the strong pressure level above. Moreover, there are quite a lot of floating chips in the market that are eager to cash in. The index
The upward pressure is getting bigger and bigger. A brief adjustment to clean up the floating chips in the market will be healthier for the subsequent market trend. Otherwise... a forced breakthrough will only intensify the subsequent adjustment of the market and also damage the market.
More market sentiment and long sentiment.”
"Then we... need to significantly reduce our positions at this position to reap profits?" Wang Can asked next.
"It is okay to do t appropriately, but there is no need to reduce the position significantly." Su Yu said, "The market's rebound trend has been established, and the market's long investment sentiment has fully recovered. Although due to the large short-term profit taking in the market, and
A large number of hold-ups gathered at key pressure levels, making it extremely difficult for the index to break through 2,200 points. Adjustments were inevitable. However, as emotions continued to ferment and as over-the-counter incremental funds continued to pour in, the index continued to rise and break through after a brief adjustment.
The 2200-point pressure mark is a matter of great probability."
"In other words, this is a benign adjustment and it won't be deep."
"And during the adjustment, the bullish trend in the two cities will not change."
"In this case, there is no need to significantly reduce positions and make profits in this small adjustment band. After all, no one can accurately grasp the short-term trend of the market. Once positions are significantly reduced, the index will adjust sideways, or even strong sectors will not adjust and continue to rise.
What about a breakthrough? Then I’m afraid if you want to regain your position, you will have to chase higher.”
"As traders, we operate transactions..."
Su Yu paused and continued: "You must look at the big trends and ignore the small trends, and know how to choose opportunities. You must not lose the big for the small, pick the sesame seeds, and lose the watermelon. Of course, you must keep the position dynamic.
Under the condition of balance, it is also possible to use small positions in the account to maximize the account's maximum profit in market fluctuations."
"Master, according to the logic you said, the opening of the market should be the best selling point of the day, right?" Liu Yuan pondered for a moment, her eyes lit up, and she asked.
Su Yu smiled and nodded, and replied: "Smart, in fact, intraday operations, grasp of buying and selling points, and the emotional response of the market are usually consistent. After yesterday's emotional brewing, and the index's two consecutive days of heavy volume and positive line counterattack, go long.
Strong expectations have been formed in the minds of the majority of investors in the market."
"In their expectations and the inertial thinking of most investors, the index will definitely continue to rise and continue to achieve positive breakthroughs with heavy volume."
“At the same time, due to the strong long expectations, the generally recovering long sentiment in the entire market, and the continuous profit-making effect released by the market, investors’ risk appetite for pursuing higher prices is also rising amid the brewing sentiment.
, which resulted in the market opening sharply higher in line with expectations."
"However, the market's long sentiment is unprecedentedly high, the money-making effect is outstanding, and investors' risk appetite is rapidly increasing."
"Is the market really as good as everyone thinks?"
"No! The external market fell sharply last night, there was a huge backlog of hold-up orders at 2,200 points above the index, a large number of short-term profit-making orders accumulated from two consecutive days of sharp rise, limited incremental funds... these are all factors that inhibit the upward breakthrough of the index.
The key factors, unfortunately, when market sentiment is high and investors gradually lose their rationality, they cannot see these, or... everyone will deliberately ignore these unfavorable factors."
"The market itself does not have the factors for a comprehensive breakthrough, coupled with the sudden and intense bullish sentiment."
"When the two are intertwined, key selling points in the market's time-sharing trend will naturally appear."
"Although the so-called imagination is beautiful, it still has to return to reality. While maintaining an optimistic attitude in our trading operations, we must also remain rational and understand the adverse and favorable factors in the current market trend, so that we can make decisions.
Use rational judgment to find the right buying and selling points.”
"I understand!" Liu Yuan had a slight realization in her heart.
While responding, he used the account he was operating to quickly place orders to sell some of the popular stock chips he held in small positions.
Similarly, when Liu Yuan reacted, most of the traders in the entire trading room were lowering their heads to place orders, operating according to the trading logic Su Yu just said.
And with everyone’s placing orders...
At this time, the time has advanced to 9:20.
After five minutes of call auction time, after the call auction entered the real bidding stage where orders cannot be canceled, the number of stocks that opened higher in the red market in the two cities fell slightly, but the change was not significant and remained at 85%.
The stock is opening high in the red market.
The overall market sentiment, as well as various funds rushing to raise funds and the willingness to go long.
It was even stronger than during yesterday's call auction.
In particular, the two main areas of "infrastructure" and "state-owned enterprise reform" are the core concerns of the market.
Whether it is the four major industry sector indexes of 'building decoration, building materials, steel, and real estate' or the concept sector index of 'state-owned enterprise reform', the growth rate is more than 2%.
Among them, the call auction performance of the core popular stocks in the two major fields is even more powerful.
For example, the popular leading companies such as Beixin Luqiao, Shibei High-tech, Waigaoqiao, and Shanghai Sanmao's check all showed the scene of opening at the daily limit; MCC, China Construction, China Fortune Land Development, and Kumho Group
Many medium and large-cap popular stocks opened higher, reaching about 5%, and on the call auction board, buying orders completely suppressed selling orders. As the call auction time went by, the stock prices of these stocks continued to rise.
.
"This collective bidding trend is somewhat beyond expectations!"
Seeing the extremely hot call bidding trends in the two cities, at this moment, in the internal trading room of Zexi Investment Company in Shanghai, the fund manager Zhou Kan couldn't help but sigh: "Do you feel that the emotion is a little overdone? China Railway, China MCC, etc.
The obviously trending stocks have actually been speculated into the trend of concept stocks. According to the current high opening range of these two checks, in three days... they have risen by almost 28%!"
"It's indeed a bit too much!" Xu Xiang nodded slightly, "It's not enough, I'm afraid it's hard for the market to perform well today."
"Yesterday's external market trend was not good, coupled with the pressure mark of 2200 points, today's call auction, the market is going like this, obviously something is wrong." Zhou Kan continued, "The funds chasing in at this moment may have to stand guard at a high level temporarily.
The emotions are overdone and the selling points are highlighted during the session. Should we... also sell some chips?"
According to Zhou Kan's judgment, the market performance at this moment should be a good selling point.
Xu Xiang thought for a moment and said: "You can try selling a little. Although the sentiment is a bit over the top, at the current stage, the two main lines of 'infrastructure' and 'state-owned enterprise reform' have been developed, and there are large funds from various departments outside the market.
The positions in the market are all at a low level, and there is a huge demand to increase positions. Therefore, even if the market adjusts, the extent of the adjustment will probably be very limited. It doesn't matter if you hold a small position, but if you move a large position, I'm afraid there will be serious consequences.
Small risk of missing out.”
"Yeah, I understand!" Zhou Kan smiled and nodded.
Afterwards, he immediately started to make arrangements according to Xu Xiang's suggestions.
And with Zexi Investment’s slight reduction in positions...
At the same time, in Shanghai, Yanjing, Shenzhen and other places, many large institutions that had previously failed to capitalize on the two main market trends of "infrastructure" and "state-owned enterprise reform" saw the market call auction trend rising steadily, and "infrastructure",
The two main market trends of 'state-owned enterprise reform' are getting more and more intense in the collective bidding, but they can't help but chase higher prices and increase positions to raise funds.
Similarly, the vast number of retail investors are affected by the extremely excited market sentiment.
There are countless people who are increasing their positions and chasing higher prices.
Therefore, under this situation where bullish power and bullish sentiment are still completely dominant.
When 9:25 arrived and the call auction between the two cities ended, the Shanghai Stock Exchange Index opened sharply higher by 1.53%, directly reaching 2191.12 points, only one step away from the 2200 point mark, while the Shenzhen Stock Exchange Index, which performed relatively weakly, and the Growth Enterprise Market Index
The index opened higher and reached an increase of about 1%. Several major indexes once again left a gap in the K-line pattern.
And in addition to all the major indexes that gapped high and opened high.
The performance of the two cities' industry sectors, concept sectors, and popular heavyweight stocks and concept stocks is also in full swing.
Among them, in the field of 'infrastructure', core sectors such as building decoration, building materials, steel, and real estate opened higher by 2.35% to 2.55%, and the concept sector of 'state-owned enterprise reform' opened higher by 2.83%.
, among the constituent stocks in the sector, more than 7 stocks have reached daily limit.
Of course, in addition to the strong "infrastructure", "state-owned enterprise reform" is the two most popular main themes.
The two major conceptual sectors, 'Shanghai Free Trade Zone' and 'Internet Finance', which performed well yesterday, also experienced an opening increase of about 2%. Even during the continued rebound of the market, they were significantly abandoned by the main funds of the market, and the trend was completely
The two popular concept lines of 'mobile Internet' and 'smartphone industry chain', which were weaker than the broader market index, and their related core growth stocks, have also rare openings above 1%.
Faced with this opening scene...
The vast majority of retail investors in the entire market are excited, excited and excited at this moment.
"Haha, the Shanghai stock index opened 1.53% higher and is approaching 2200 points. It's really strong! I feel like I'm back in the bull market again!"
In the exciting and uplifting market mood, some people on the trading forum expressed their emotions during the last 5 minutes of temporary suspension before the official trading.
"My big A finally stood up!"
"Independent market, a rare independent market trend!"
"Looking at this situation, the Shanghai Stock Index will definitely break 2,200 points today, haha... This wave of gains is really powerful, sweeping away the gloom at the beginning of the year!"
"Mr. Su is still awesome. As soon as he takes action, the market is out of control."
"Indeed, in the past two trading days, the two main lines of 'infrastructure' and 'state-owned enterprise reform' have simply brought the money-making effect to the extreme."
"Not only in the past two days, the two main lines of 'infrastructure' and 'state-owned enterprise reform' have opened so much higher today, and are still increasing in volume. It is estimated that they can continue to rise sharply, and judging from the many hot spots in these two main lines,
The core stocks have all gone out of the obvious bottom reversal trend."
"Hey, it's a pity that I have been hesitating the past two days and missed the point!"
"I was short before, but today I chased after the call auction in the early trading."
"I am also chasing positions through call auctions. I feel that... although the short-term increase of core leading stocks such as China Railway and China Metallurgical has reached about 25%, but comparing the inflow of main funds in the past two days, and
The two main themes of 'infrastructure' and 'state-owned enterprise reform' continue to carry out comprehensive riots, and there is definitely a lot of room for follow-up."
To be continued...