Chapter 90 Break and then stand, contrarian five boards!(3/4)
The message came, "With such market signs, it is very easy to rise and fall back. The Shanghai Steel Federation... I'm afraid there will be twists and turns in the straight line!"
"Yeah!" Su Yu replied, "I have the same opinion as you."
Seeing that Su Yu thought so, Zhao Qiang paused and made up his mind: "The opening position is too high. If the board changes hands violently, the board will definitely be ruined, and if the board is damaged at a high position, it will be very popular.
Then we can’t go any further. Today’s market has the risk of trapping people at high levels, and there is little hope of Shanghai Steel Union’s upward acceleration. I am ready to exit.”
"Yeah!" Su Yu continued to respond, "Brother Zhao, just do whatever you want, don't worry about me."
"Okay!" Zhao Qiang replied, "You have a big plan, I will cut the profit."
After the two of them talked, when 9:30 came, Zhao Qiang did not hesitate and placed a total of more than 9,500 orders on the daily limit board in one go.
And as his orders came out...
The surface of Shanghai Steel Union was like a medium-sized stone falling on the calm water, causing some splashes, and then quickly returned to calm.
"What, Xiao Zhao, did you just smash it?"
In the group, Mr. Qian noticed that the orders of more than 9,000 lots were unusual and couldn't help but ask Zhao Qiang.
Zhao Qiang replied with a smile: "Mr. Qian, you can't be too greedy when trading stocks. I'll just eat the fish belly. The profits will be left to you and Brother Su."
"Damn, you are so silent when you appear."
Mr. Qian cursed, and then opened Su Yu's chat box to chat alone: "Brother Su, what do you think?"
Su Yu thought for a while and replied: "Mr. Qian, if you can't hold it back, I still suggest you get out. What Brother Zhao said still makes sense."
"Forget it, I said I will advance and retreat with you, so I will advance and retreat with you." Mr. Qian replied, "This check belongs to you. The current profit margin is more than 30%. Even if everything goes wrong, I can still bear it.
If you stay, the worst possible outcome is to protect your capital."
"Okay!" Su Yu responded, "I'll let you know when I come out."
In return for attending the banquet that day, Su Yu's appearance on this check will not be hidden from him. Of course... it will only be this one time.
After the two chatted briefly, Su Yu turned his attention back to the stock market.
I saw that the three major indexes, driven by the rapid opening of "Internet Finance", continued to attack upwards and turned red and rose one after another. On the surface, the market trend in early trading was even better than yesterday.
However, if you look closely, you can still find that the speed of large capital inflows into each sector is significantly smaller than the outflows.
The common market sign of popular concept stocks is that a large number of retail investors form huge orders, which are attacking upwards, while the main funds are relatively restrained and are looming in the market exit.
In terms of time sharing and energy, it is still expanding.
But this is obviously the madness of the slow retail investors who are at the end of their emotions and follow the trend without thinking.
At 9:35, the Shanghai Stock Exchange Index surged to a gain of 0.3%, the ChiNext Index rose by more than 0.65%, the Shanghai Steel Union hit its daily limit, and Huaqingbao, a record high stock, turned red, but did not continue to hit new highs.
At 9:38, the Shanghai Stock Exchange Index further rose to a gain of 0.5%, and the Growth Enterprise Market rose by more than 1%. The market showed a hot trend, but the 'big financial' sector continued to adjust, and instead had a tendency to fall below the support and break the level again.
, and sector funds are still showing outflows.
At 9:42, dragged down by "big finance", the Shanghai Stock Index turned around and began to rise and fall.
At this time, the growth rate of the ChiNext Index was still expanding, reaching a maximum increase of 1.5%, and the 'Internet Finance' sector's overall increase exceeded 2.3%. After four consecutive days of rising prices, it seemed to be accelerating, and it seemed to be staged at the end.
of madness.
At 9:48, the Shanghai stock index fell back to within 0.3%, the ChiNext index turned around, and large capital outflows from the two cities began to become obvious.
Of course, at this time...
In addition to the large smart funds in the hot money group that Su Yu joined, they have noticed the risk of the index rising and falling, the willingness of large funds to relay weakened, and the money-losing effect to increase; for example, in the retail investor group of his university classmates, everyone is still
They were happily and excitedly discussing which stock to pick, and they were still chasing hot spots and couldn't extricate themselves.
"Shanghai Steel Union's one-word board cannot be bought. Within the same sector, Tianyu Information should be regarded as the second best, right?"
In the retail investor group of Su Yu's classmates, someone said excitedly: "Just now, Tianyu Information surged to 7 points. I feel that with the example of Shanghai Steel Federation, this check can definitely reach the daily limit. I did it, 10 lots
Relay, I hope the main force won’t bury me.”
"I followed 10 hands, and I also think this check is the strongest one except Shanghai Steel Union."
"Can I still buy Hua Qingbao? It shot up to 2 points just now, and now it has slipped down. It is said that it has reached a new historical high, and there is no longer a lock-up, so there is no upward pressure, right?"
"Brother, do you want to cut off the China Commercial Bank in my hand? Damn it, it has almost fallen back to the original point when the index rebounded on May 29, and depending on the situation, the decline will not be stopped at all. Everyone said that the bank
The stocks resisted the fall, but why did the bank stocks I bought fall worse than the junk concept stocks flying all over the sky? I lost almost 20%."
"Don't buy the main board, don't buy the main board. Even if you die on the GEM, don't buy the main board stocks."
"Wow... Wangsu Technology has also reached a new high. This check is really strong, and it keeps rising without a limit. I just don't know if it can still catch up at this price."
"Chasing, must pursue, stock trading, stock trading, fear of heights are all poor people."
"Hey, I'm really speechless. I've been waiting for a pullback. Damn it, I've been waiting for four days in a row. As a result, the market has risen sharply for four days. I just didn't give it a chance. I think... this time it does seem like a reversal.
Okay, after all, all along the way, it’s all about taking money, and unlimited money is a scam. This taking money should be the real market, right?”
"Whatever, I'm chasing him, I just can't bear it anymore."
"Just because of hesitation, I watched Shanghai Steel Union keep rising all the way, hey..."
Everyone continued to chase, and during the operation of chasing higher, Su Yu stared at the index trend of the two cities that had obviously turned downwards, and at the rhythm of 10,000 hands, 5,000 hands, 3,000 hands, and 2,000 hands, he also smashed the stocks of the Shanghai Stock Exchange and Steel Union in his hands.
chips.
And as his incredible orders came out...
Shanghai Steel Union's daily limit limit orders collapsed after absorbing 17,000 lots.
Tens of thousands of orders were canceled in a flash, and the selling pressure poured down, knocking down its stock price to almost a 6% increase in just one second.
Subsequently, greater selling pressure poured in.
The share price of Shanghai Steel Union also fell further from an increase of around 6% to around 4.5%.
Su Yu looked at the 3,000 unsold orders, quickly withdrew the orders, and then stared intently at the trend of Shanghai Steel Union after the market opened.
As Zhao Qiang said, the sentiments of the Shanghai Steel Federation during the collective bidding were too consistent.
The market today clearly has no sustained upward momentum.
In this way, he forcibly maintained a flat board and waited until it was violently smashed by various funds on the market at the end of the trading day. Su Yu felt that it was better to break it open first, and then let the stock price retreat with the market to absorb a wave of loose selling pressure on the market.
, relieve the pressure on the court in advance, and then seek opportunities to seal back.
As the saying goes, nothing can be established without destruction.
A strongly blocked straight line, when the market is weak, is not actually a sign of real strength, but a very high risk of a late market crash.
And it is different from the situation in the past when the benefits of Fenda Technology were fully digested and the high position was unsustainable.
At this time, the Shanghai Steel Federation, this hype logic line drawn from the 'Fuxing Department' has been recognized by the market today. It has really digested the pressure on the market. After the market has retreated to the bottom within the day, this line is still the current market
The hot tickets with the strongest main line logic are those that attract the funds that retreat from the venue to gather together in the hope of closing the board together.
After all, after the funds withdraw from other popular concept stocks that are not performing well, they have nowhere to go in a short period of time without the next main line concept switch.
then……
This gave the Shanghai Steel Federation the need to re-gather funds on this check for hedging when the market ebbs.
In the trading logic that Su Yu insisted on, the stock price of Shanghai Steel Union fell rapidly for a while after the opening of the market. Then, with the support of some funds that had previously tried to buy but had no chance, and speculation
Under the influence of some of the bottom-buying funds that were withdrawn from the market, the market quickly pulled up, and within a minute or two, it returned to the 6% to 7% increase range.
But even if Shanghai Steel Union recovered some of the losses.
Under the influence of its opening, the short-term emotional blow still greatly affected the two markets that were already weak.
I saw that the three major indexes of Shanghai Stock Exchange, Shenzhen Stock Exchange Index and ChiNext Index all completely reversed their opening gains after 10:30. Among them, the Shanghai Stock Exchange Index turned green first and fell underwater.
At 11 o'clock, 'Big Financial' broke out, and many heavyweight stocks in the sector fell below the lowest share price reached when the market rebounded on May 29. Under its drag, the Shanghai Stock Exchange Index's decline expanded to 0.5%; the ChiNext Index was in the hot spot.
Amidst the overall decline in concept stocks and major popular concept sectors, they also quickly recovered their gains and returned to their opening positions.
At 11:26, after the Shanghai Index and the Shenzhen Index, the ChiNext Index turned green, closing at noon with a drop of 0.35%. It seemed like a small drop, but it left a long upper shadow line. The sentiment towards the two cities
The blow was very serious.
In the afternoon, after lunch break.
After the market opened at 1 o'clock, the market sentiment, which was affected by the high and falling trend in the morning, not only failed to recover, but intensified the panic.
So, at the beginning of the afternoon.
The declines of several major indexes further expanded, and the time-sharing rebound became weaker and weaker.
At around 1:42, the Shanghai stock index's decline expanded to 1%, and the "big financial" breakout became a fact. The outflow of large funds within the sector accelerated, and the downward decline also began to accelerate.
Moreover, at this time, the GEM index completely collapsed after resisting tenaciously for a while.
Its decline caught up with the Shanghai Stock Exchange Index in less than 15 minutes.
At 2 o'clock in the afternoon, the trading time entered the last hour, and the hot investment sentiment in the early trading was completely wiped out.
In various major retail investor groups, online stock trading forums, including the ‘classmate retail investor group’ where Su Yu was located, everyone was no longer in a happy mood, but instead was in a mournful mood.
Among these large groups of retail investors...
To be continued...