Chapter 364 Just One Final Push Away!
"Oh my god, I actually took it back!"
When the Shanghai Stock Index continued to rebound from its intraday rebound high to 2185.36 points, the shocked investor group let out an exclamation.
"Here, is this... being washed again? Hey, I shouldn't be reading the tape today!"
"Haha, who said Big A couldn't stand up before? Look... isn't he standing up again?"
"Let me just say, holding shares requires faith!"
"This car was so bumpy that I almost got washed away. It's okay, it's okay... I had something to do before 1:30 and I didn't check the market, otherwise I really couldn't hold it."
"The amplitude of today's index is simply incredible!"
"You haven't seen such a big amplitude for a long time, right? It's so exciting!"
"I have to say that the two core themes of 'infrastructure' and 'state-owned enterprise reform' are really strong. Today's situation has not really been overcome."
"The main reason is that the logic is too strong and it's basically obvious!"
“Not only is the logic of expectations hard, but the macroeconomic benefits have been stimulating. I heard that the diplomatic strategy of ‘big country infrastructure’ is also being implemented.”
"No matter how strong the logic of expectations is, the main funds in the market must buy it."
"Looking at the market performance, it was obvious that it collapsed in the morning, and when the market opened in the afternoon, the two core main lines of 'infrastructure' and 'state-owned enterprise reform' also continued to fall rapidly. Why did it suddenly reverse in just one hour? I can’t understand it, I really can’t understand it!”
"If there's anything you don't understand, it's the main fund tray!"
"Who asked this? Isn't it Mr. Su's 'Wealth Road' again?"
"It's possible! It won't be the 'national team' anyway. After all, not all the stocks that move are core blue-chip stocks."
"Hey, I really didn't expect this trend. I sold at the lowest point again. I'm speechless!"
"I also sold at the lowest point in today's session, and I sold it at a cut price. Damn, now I'm watching the stocks of Sanmao, Waigaoqiao, and Shibei High-tech in the Shanghai Stock Exchange close to their daily limits. I really can't help but think again. I want to chase the high and buy back the chips, but I am afraid that if I buy back, I will be cut off again.”
"Today's index has recovered from such a rapid plunge in the morning. This should mean that the market can still rise in the future, right?"
"If it rises again, the top will touch the 2,200-point pressure mark again."
"Looking at the trend of the market, 2,200 points shouldn't be able to hold down the index, right?"
"It's hard to say. The rebound in the index in the afternoon seems to be driven by the two main market trends of 'infrastructure' and 'state-owned enterprise reform'. Other conceptual sectors and industry sectors are almost passively pulling up. I feel that the market's willingness to focus is still not very strong." Strong, I’m afraid it will be difficult to get above 2200 points.”
"If you can't stand up, how will the index move? Will it have to be adjusted downward again?"
"Can't you? If the index really wants to adjust downward, why bother to pull it back now? I think that even if the 2200-point pressure mark cannot be reached today, it will definitely be reached tomorrow."
"The short-term growth rate of the two main lines of 'infrastructure' and 'state-owned enterprise reform' that can support the market situation is indeed very large. If we don't adjust a wave and continue to rise, there will be insufficient motivation, right?"
"Has today been considered an adjustment?"
"I think the two main lines of 'infrastructure' and 'state-owned enterprise reform', and the strong will always be strong, will not change for the time being."
"Do you feel like you don't have to care too much about the trend of the index? I think as long as the market has a profit-making effect, you can keep doing it. Hey... In fact, today is really a good time to chase the leader. Beixin Luqiao and Shibei High-tech have both increased their volume today. It’s a pity that all the opportunities to buy have been missed. I want to buy now but I can’t.”
"Yes, regardless of the index, can't we just follow Mr. Su's 'Fortune Road' seat?"
"Yes, never mind, I will recover my position first."
"Let me go, the index has crossed 2190 again. It won't close directly at 2200, right?"
"Ah! The funds chasing the market and following the trend have come up again. In the two main areas of 'infrastructure' and 'state-owned enterprise reform', many stocks have hit new intraday highs. I feel that in the late trading of the Shanghai Stock Exchange Index, there is a real chance to stand at 2200 points again. !”
"Chase, chase, chase...if you're wrong, you have to admit it. Damn it, you really can't be short on this position."
"Indeed, in this position, greed should be greater than fear."
"Who made a false promise in the early trading? I was completely cut off in the low position. Now I want to die."
"Everyone, this time it will definitely break through 2200 points. Those who lost their chips will get them back. I feel that after the Shanghai Stock Index breaks through 2200 points this time, it will definitely point directly to 2500 points."
"I also feel that this time is definitely a real breakthrough!"
"2200 points, break it for me, you must break it for me today."
"Haha, Mr. Su is so awesome. He finally didn't bury me this time."
"I bought the chips above 2200 points in the early trading. I really didn't expect to make money today. This trend... I'm just scared to death!"
"Haha, the K-line of the Shanghai stock index turned red."
"It's so strong! I feel like I can do it again, yes, yes, just like this... I'll blow up the short sellers directly."
"It's almost approaching 2200. Damn, it's exciting... I feel like my heart is in my throat. Who can help me? Just lift the Shanghai Index up!"
"It's still 8 points short of an increase of 0.75%."
"The two mainline core Chinese military stocks, MCC and China Railway, have increased by more than 8%. If the main force adds a little more oil and pulls these two stocks to the daily limit, the Shanghai Stock Exchange Index will definitely pass 2,200 points."
Everyone was extremely excited, agitated, and nervous...
At 2:17, the Shanghai Composite Index once again rebounded to a high point of 2194.44 points, and was once again less than 6 points away from the 2200-point mark.
Afterwards, the Shanghai Composite Index began to briefly trade sideways in a narrow range between 2190 and 2194 points.
At 2:25, with countless investors in the market watching, they were all looking forward to the Shanghai Composite Index breaking through 2200 points again and completely recovering the losses from the high platform diving in the morning.
At this time, the Shanghai Composite Index suddenly turned around and fell through 2190 points, and then oscillated downward again.
At the same time, the various large funds that had previously followed up and rushed to buy stocks began to withdraw orders at this position, as if the tide was receding, and disappeared without a trace.
"Oh my god, why is the supply cut off again?"
When the index turned downward again, it seemed to be afraid of the pressure of 2200 points, and it retreated like a charge. At this moment, Zhou Yang, the fund manager of Yuhang Yinhua Public Fund Company, who had already followed the position and pursued it, and was responsible for the "Value Investment Mixed Selection" product, could not help but swear, and said angrily, "Fuck, is the 2200 point position poisonous? Why can't you get through it? You are just a few points away, but you won't attack it?"
The fund he is responsible for not only chased high and increased its position in the morning.
When the index rebounded after a dive in the afternoon, it also followed up significantly and bought more than 100 million core stock chips in the fields of "infrastructure" and "state-owned enterprise reform".
Originally, he thought that the index pulled back strongly.
It is obvious that it will try to hit the 2200 point mark again to open up new room for the market to rise.
Unexpectedly, the index recovered most of the losses in the morning dive and reached the door of 2200 points, but it couldn't attack it and retreated again at the last minute.
"Boss, the main funds of various departments in the market are always around 2200 points, and they cannot form a joint force. It feels like the market trend is going to turn downward again!" Zhu Peng, the head of the fund trading group and the assistant to the fund manager, asked anxiously, "Should we... take the lead and give it a try!"
Their fund did not have time to increase its position on a large scale in the past two days.
The main chips of "infrastructure" and "state-owned enterprise reform" that were bought were basically sold today, so the holding cost is relatively high.
If the index fails to break through 2200 points, it will open up new room for growth.
According to the market's emotional reaction of "if it doesn't go up, it will go down", and the expectation of breaking through will be completely disappointed, the next market situation will inevitably be ugly. Naturally, the two main lines of "infrastructure" and "state-owned enterprise reform", which have seen huge short-term gains, cannot be immune when the index fails to break through and turns downward to find support.
In this way, they will have to bear a considerable loss and a net value retracement.
After hearing Zhu Peng's suggestion, Zhou Yang pondered for a while, and finally shook his head: "Our holding costs are too high, and we have no cost advantage. If we rashly gather huge amounts of funds and go all out to drive core stocks and focus on 2200 points, the consequences will be terrible if we still cannot gather funds in the market to work together."
"Moreover, the important core stocks in the fields of 'infrastructure' and 'state-owned enterprise reform' have also seen a significant short-term increase."
"At this time, in this case, if we want to close the board of 'Huaguo Zhongye and Huaguo Zhongtie', two core stocks that can quickly drive market sentiment and emotions, the funds required are probably at the astronomical level. And... if we force the board to close, the main funds that have already made a lot of profits from the previous intervention will have differences and throw all the profit chips to us, and we can't take it."
"Hey, today's operation, It was too radical and hasty. "
"I thought that with such strong market sentiment and expected confidence support, it would not be too difficult for the Shanghai Composite Index to pass the 2200 point mark. I didn't expect..."
"Why can't the market form a joint force at the key point?" While Zhou Yang was sighing, Zhu Peng said in confusion, "I feel that at this time, as long as there is main capital to ignite, it will not be difficult for the Shanghai Composite Index to cross the 2200 point mark. After all, the rapid dive in the morning has already been taken out."
Zhou Yang said: "The funds that occupy the active position in the market will not take the lead, and other latecomers without cost advantages will not dare to take the lead in igniting the attack. After all, the large amount of funds buried in the high platform dive in the morning had too bad an impact, which greatly hit everyone's enthusiasm for advancing at the important juncture."
"It means... we can only wait for Mr. Su of Yuhang Investment to take the lead?" Zhu Peng asked.
Zhou Yang smiled helplessly and said, "From the current structure of chips in the market of the two main lines of 'infrastructure' and 'state-owned enterprise reform', and the emotional impact of 'wealth road' on the market, no one is more suitable than him to take the lead in attacking 2200 points. It's a pity that this person should not take action today."
While the two were talking, the Shanghai Composite Index had fallen to around 2183 points, and the overall market's carrying power was further weakening. There were signs of a reversal of the long and short trends.
Zhou Yang stared at the market trend on the big screen in the trading room and let out a long breath.
He felt that it was a pity that the Shanghai Composite Index could not get through this final step.
Of course, no matter how much he felt sorry, he could only follow the market trend and dared not gamble on the chance of a successful breakthrough.
Similarly, at the moment of his long sigh.
In the magic city, inside Zexi Investment, in the trading room, fund manager Zhou Kan looked at the index that continued to decline and returned to weakness, as well as the market trends of the two cities. He also felt it was a pity and couldn't help but sigh softly and said: "Just now At that moment, it was an obvious opportunity for a breakthrough, so why didn’t anyone ignite it?”
"Do you think this is a good opportunity for a breakthrough?" Xu Xiang asked slightly surprised.
Zhou Kan replied: "It's just the last step, and the mood was not bad just now. If someone starts the market, the index should be able to pass, right? As long as it stabilizes at 2200 points, the market's strength and weakness will completely change." , the room for subsequent market growth has really opened up!”
"It's not that easy!" Xu Xiang said, "At the end of the war, it is difficult to defeat Lu Jian. Today's market turnover has approached the 100 billion mark. There are still 20 minutes before the closing. Even if someone starts an attack, what funds will be used to stabilize it?" What about the market? Yesterday, the market surged to the limit, and the volume of energy was less than 100 billion. This proves that there is no increase and active funds in the market at this time, but the selling above 2200 points, the backlog of profit orders and hold-up orders, then It is much larger than the current market growth and active funds.”
"Attack on it. Once you lose your footing, you will be knocked down again..."
"Then the market trend will be even more damaging to market sentiment and confidence."
"As the saying goes, it is full of energy, then declines again, exhausts three times, and fails to stand up twice, then the market sentiment and confidence will be completely exhausted. At that time, when the entire market sentiment is exhausted and collapsed, the index will go down to 2,000 points to find support. "
"But if that happens, the main money-making line of 'infrastructure' and 'state-owned enterprise reform' that was finally put together will probably die."
"So, it would be wise not to kick this last step."
"The index slowly falls, adjust your emotions, accumulate strength, and at the same time continue to clean up floating chips and wear off some stuck chips above 2200 points. Then wait until the chips at this stage are stable and form a real chip platform, and then attack 2200 points. Then That’s the real breakthrough.”
"If someone really lit a fire just now to break through."
"That is the second selling point in today's trading. The smart main funds in the market will not be unaware of it, and the funds that are ignited to rush through the market will be harvested to death."
"So dangerous?" Zhou Kan was shocked and secretly spoke.
Xu Xiang smiled and said: "It's so dangerous. If you think about it, it can really make a stable breakthrough and open up new room for the market to rise. This piece of fat, Yuhang Investment President Su, who has the absolute initiative in the core main line of the market, Will he stop trading? According to my understanding of him, when faced with certain opportunities in the market, he will definitely increase his position and make huge profits. "
"alright……"
Xu Xiang paused and continued: "Keep watching the market. Today's market trend is not bad. Although it failed to break through 2200 points in one fell swoop, the money-losing effect on the market is not serious. After the extreme shock of the Shanghai Stock Index, it is still in the red market. This gives a buffer to market sentiment and the many investors participating in the market today."
"As long as the money-losing effect is not serious, there will always be a partial money-making effect."
"The many investors who are outside the market and are ready to make a move will continue to enter the market, thus bringing more incremental funds."
"With continuous incremental funds, it can solve the layer upon layer of hold-up pressure on the market, and continue the profit-making effect, so that emotions and confidence can slowly recover."
"After sentiment and confidence recovered, the market entered a positive feedback loop."
"By then, let alone 2,200 points, 2,500 points, or even 3,000 points, I'm afraid it won't be a problem!"
"Understood!" After hearing Xu Xiang's words, Zhou Kan finally figured it out, responded briefly, and then returned his gaze to the market prices of the two cities.
At this time, the trading time has passed 2:50.
I saw the Shanghai Index slowly sliding down and approaching the 2173 point, while the Shenzhen Stock Exchange Index and ChiNext Index were already in a flat state, wandering back and forth between the green plate and the red plate.
As for sectors and individual stocks.
The two core main lines of 'infrastructure' and 'state-owned enterprise reform' and related sector indexes have also fallen a lot. Among them, the two popular core stocks of 'China Railway and China Metallurgical' have increased by more than 7 points from their highs. , fell back to about 5 points, and the trading volume became light again.
The two main lines are ‘mobile internet’ and ‘smartphone industry chain’ in the direction of the small and medium-sized board and GEM.
And related "growth stocks" are drifting with the trend in the index retracement, with neither main funds paying attention nor big funds smashing the market.
However, it has seriously lagged behind the broader market's gains before.
Several unpopular small-cap stocks, whose state-owned assets background and "infrastructure concept" were not so pure, suddenly emerged at the end of the trading day, ushering in the attention of hot money in the market, and their stock prices skyrocketed.
And with the movement of hot money in the late trading...
The Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index slowly rebounded a bit in the last few minutes of trading.
Finally, when the market closed at 3 o'clock, the Shanghai Stock Exchange Index stood back at 2175 points and closed at 2175.13, up 0.63%. The Shenzhen Stock Exchange Index and the ChiNext Index rose 0.21% and 0.11% respectively.
Although the index failed to complete the task of breaking through 2,200 points, and did not recover the intraday decline after the high opening in early trading, it still maintained a red market, closed the three consecutive positive trends, and stabilized the market that once collapsed. The sentiment also restored some market confidence.
At the same time, the turnover of the two markets continued to expand in today's sharp fluctuations in the index, reaching 103.211 billion.
After more than four months, it once again reached the 100 billion turnover mark.
As for the specific market conditions, in general, the major industry sectors and concept sectors fell back a lot at the close compared to the sharp opening in the morning, but the overall money-making effect of the entire market still exists, especially the two main concepts of "infrastructure" and "state-owned enterprise reform" that are the focus of the majority of market investors. The number of stocks with daily limit is still as high as 8, and the two core market vane stocks of China Railway and China Metallurgical also maintained a 5% increase at the moment of closing.
Of course, compared with yesterday.
Today's market has suffered relatively large damage in terms of emotional feedback and confidence feedback.
After all, at the high point of early emotional trading, the investor group who followed up and the main funds of various departments that assisted the Shanghai Composite Index to break through 2200 points were still buried by the market!
Faced with such a closing result
Investors in the entire market feel both regretful and fortunate.
It is a pity that the Shanghai Composite Index, despite exhausting all the market funds, still failed to reach the 2,200-point mark, opening up new room for growth; at the same time, it is fortunate that the index reversed in the afternoon, recovered most of the high-diving losses, did not bury too much funds, and barely stabilized the market's bullish sentiment, allowing the index to rise in the future and hit 2,200 points again, leaving a trace of suspense and confidence.