Chapter 166: Violent Shock, Unexpected Rise!

Su Yu stared at the market changes of Shanghai Steel Union. When its stock price plummeted to a 2% drop, he used the funds in his account to quickly buy two orders of 2,000 lots, took the initiative to take over the market, and consumed the money. The 5,000 large orders that smashed the market quickly pushed back the stock price.

Affected by the check from Fenda Technology, the market sentiment at today's opening was relatively weak.

If this time...

If the Shanghai Steel Union collapses rapidly, the decline in market sentiment will no longer be able to be contained, and the subsequent market trend will be even more ugly.

On the contrary, if at this time, the market of Shanghai Steel Union can be stabilized.

Let Shanghai Steel Union, the sentiment benchmark stock of the two cities, maintain a relatively strong state of shock. The market's depressed mood will definitely pick up after the market releases the first wave of selling pressure, thereby stabilizing, and forming a good bargaining chip here. Swap the situation and regain momentum.

So, in order to stabilize the whole situation...

Faced with the rapid selling at the beginning of the market and the fear of high prices, the main funds on the market were eager to get out of the market because today's Shanghai Steel Union's opening was not as good as expected and they were bearish on the market outlook.

He needs to take over the market pressure without hesitation and resolve this most ferocious wave of selling pressure.

With his move, the 5,000 daily orders that hit the market were eaten up in an instant. After hitting the lowest drop of 2.5% in a flash, the stock price of Shanghai Steel Union rebounded in a straight line, turning red in an instant, and even the stock price jumped. The line entering the water is not fully displayed on the time-sharing chart.

When Shanghai Steel Union's stock price soared, the increase returned to more than 1%.

Many retail investors who were frightened at the opening of the market stabilized slightly after seeing that the market's acceptance and the strength of the large fund tray were still quite strong. Panic selling orders decreased during the market, while main buying orders began to increase.

"Shanghai Iron and Steel Federation's market acceptance is stronger than expected!"

"I feel like I can't fall down. Hey... I have a good pattern today, so I won't throw it away."

"I also have a feeling that the stock price cannot go down. After the huge 5,000 orders were placed just now, they were eaten up by a major force of funds before I could react. In addition to the more than 14,000 orders traded through call auction, the total was 20,000. The volume has not brought down the stock price, I guess Shanghai Steel Union will definitely not fall today.”

"After all, it is the absolute leading concept in the two cities, and it will not collapse so easily."

"Other stocks today were driven down by Fenda Technology, but Shanghai Steel Union has no risk of major shareholders reducing their holdings in the short term. I think we can still take a high look."

"Wealth Road should still be inside, right? The energy of the smash just now doesn't quite match the size of Wealth Road."

"It's definitely still there. We have almost 100 million chips on the Wealth Road. Even if we have to go there, we can't finish it so quickly. Moreover... we may not go on the Wealth Road yet. After all, at this price... We really have to go on the Wealth Road. If so, I should have left yesterday. Since I didn’t leave yesterday and continued to do T, then today, when Shanghai Steel Union has basically not opened much higher, there is a high probability that it will not leave.”

"That makes sense..."

"Moreover, under weak market conditions, funds will seek refuge in popular leading stocks with the best profit-making effect and the most abundant liquidity, so... I think Shanghai Steel Union will definitely not die today."

"It has already increased by 2%, and it looks like it will regain all the lost ground!"

"Sure enough, the strong will always be strong. I feel that the buying sentiment on the market is already greater than the selling sentiment."

"Haha... Fortunately, I didn't sell. To hold the leading position, you have to have faith. I didn't say anything... Shanghai Steel Union will definitely break through the 50 yuan mark today."

"It's true that the volume of sales can start to shrink."

"It feels like Fortune Road must have locked up its position again. After all, if Fortune Road was selling during the session, the volume and energy trading situation would definitely be much greater than it is now."

"Haha... for the sake of faith, follow up with 10 moves."

"In 8 minutes, the transaction volume was 166 million, but in the second minute after the market opened, the transaction volume exceeded 100 million. In the following time, the transaction volume was indeed declining. It seems that the most panic wave has already In the past, since the Shanghai Steel Union withstood the first wave of selling, recovered the initial plunge, and has almost reached the opening price, then as the selling continues to weaken, it will definitely not fall further. Buy …Continue to relay 5 moves, and I feel that the Shanghai Steel Federation will continue to rise by the limit today.”

"Yes, the best defense is offense. The leading stocks and the place with the strongest money-making effect in the market are the best places to avoid risks."

Amid heated discussions among retail investors, many followed suit.

At 9:41, the turnover of Shanghai Steel Union reached 180 million, and the stock price exceeded the opening price of 49.71 yuan, once again hitting a record high, and continued to rapidly advance towards 50 yuan.

And thanks to the strong commitment and trend of Shanghai Steel Federation...

The ChiNext Index, which fell as low as 1.5%, began to rebound rapidly. The panic on the core constituent stocks of its plunge also began to ease quickly, and the stock prices followed suit and entered a rebound.

Su Yu saw that the chips of Shanghai Steel Union had changed hands and had entered a stable stage. The time of greatest panic and selling pressure had passed.

I couldn't help but breathed a sigh of relief.

For this stock, the most dangerous time is actually at the beginning of the market when many unstable chips, relying on the panic of the entire market, concentrate on selling the market.

As long as you hold on to that moment, you can get rid of that wave of bargaining chips.

Let the investors who pay attention to the Shanghai Steel Union stock in the entire market see its strong carrying power, then... with the help of a continuous stream of follow-up orders, the chips in the market can be normally changed hands and the declining sentiment can be slowly pulled back.

Of course, this is also due to the fact that he and Zhao Qiang locked the position together.

Otherwise...

If the two of them are not consistent in their actions, it will be quite difficult for Su Yu to stabilize the market at the beginning of the trading session with the funds he currently has.

"The panic and selling pressure of the entire market seem to have dissipated."

When the Shanghai Steel Union reversed its trend and hit 50 yuan again, Li Meng observed that many hot concept stocks held by the fund rebounded rapidly from the bottom of the sharp drop, and the ChiNext Index also shrunk rapidly. He couldn't help but hurriedly said: "You can buy the bottom, and then take advantage of the end of the intraday rebound to T a part of the chips?"

"Yes!" Su Yu responded, "With the Shanghai Steel Union's drive, the chips of so many core hot concept stocks on the ChiNext are not so easy to loosen, but... there is a hidden danger of market sentiment caused by Fenda Technology. Before the trend of Fenda Technology reverses, there is no need to have too much expectation. A small amount of funds can be used to buy at the bottom, and then when the follow-up orders driven by Shanghai Steel Union are exhausted and the intraday high point appears, it is profitable to sell, and the small position of buying at the bottom can be sold out. "

Su Yu smiled and continued: "I estimate... I can make a difference of two or three points."

"No matter how small the mosquito is, it is meat." Li Meng smiled, "It is not bad to make a difference of two or three points in intraday trading, at least it can recover some of the losses in today's market."

Today, the main varieties of the market that fell are basically the first batch of stocks that the fund has built on a large scale.

Although their holding costs of these stocks are very low, and they have reduced some of their positions at high levels after Su Yu's reminder two days ago, the losses are still not small in the case of the overall decline of these stocks today. The impact on the overall net value of the fund is more than 1.2 points, causing the fund to underperform the market today.

This is what Li Meng cannot tolerate.

"Okay!" Su Yu smiled, "You can do whatever you want."

As long as there is no problem with the major operation strategy, he basically doesn't care about other intraday transactions.

While the two were talking, at 9:47, Shanghai Steel Union broke through the 50 yuan mark. In 10 seconds, the intraday high was refreshed from 49.88 yuan to 50.14 yuan, and the increase also surged to 4.04%.

"There is no substantial pressure..."

Su Yu stared at the real-time trading status of Shanghai Steel Union after breaking through 50 yuan, and said in surprise: "Compared with the resistance of funds attacking this price during the call auction, now... it seems that there is no huge amount of orders to actively suppress the market. Could it be... all locked positions?"

Shanghai Steel Union call auction and the few minutes at the beginning of the market.

A total of about 120 million funds were traded, that is, about 23,000 orders, and among these 23,000 orders, almost half of them must be retail investors.

Compared with the data of the Shanghai Steel Union Dragon and Tiger List yesterday, the new hot money in the market has definitely not gone out.

In addition to the Shanghai Hongqiao Road that intervened before, and other hot money that still has a bottom position in the previous transaction.

At present, there is a lot of locked funds in the Shanghai Steel Union market.

These locked funds are good for the Shanghai Steel Union market at the moment, but once the stock price of Shanghai Steel Union goes up again, and if the market sentiment weakens again, it will be a huge pressure.

Thinking of this...

Su Yu decided to try the market again.

So, when the Shanghai Steel Union broke through 50 yuan and did not increase the volume significantly, he injected 2,000 market buy orders into the Shanghai Steel Union market again, and continued to push up the stock price.

Under his direct purchase...

The stock price of Shanghai Steel Union, from the 50.14 yuan position just broken through, soared again to 50.48 yuan, with an increase of nearly 5%.

"Fuck...still no big sell orders?"

Seeing that there were still no large orders above 5 million on the Shanghai Steel Union real-time trading volume, and when he bought 2,000 lots, the orders that were matched were basically orders below 100 lots, which made Su Yu even more surprised, and he couldn't help but sigh.

"What's the matter?" Li Meng asked anxiously when she suddenly heard Su Yu say a swear word.

"No... nothing?" Su Yu coughed dryly, thought for a moment, and asked, "Lujiazui, Shanghai Material Trade, Shanghai-Hong Kong Group, Pudong Jinqiao, Jinjiang Investment... Are there any obvious changes in these stocks?"

Li Meng switched the interface, carefully observed the trading situation of these stocks, shook his head slightly, and said: "It's still stagnant. Even the intermittent buying funds that appeared in Shanghai-Hong Kong Group yesterday disappeared today. Overall, the trading situation of these stocks is worse than yesterday."

"From this point of view... it's not that the news of the 'Shanghai Free Trade Zone' has begun to spread!"

Su Yu heard Li Meng's answer and thought to himself: "These guys... Did they guess that I was still in the market, so... they wanted to lock the position to the end?"

He didn't want these people to lock the position with him.

After all, if there are not enough chips changing hands and too many chips are locked up, once the Shanghai Steel Union continues to pull up, all the funds that have made huge profits will be smashed. At that time, the funds that need to bear the selling pressure will expand rapidly. , resulting in no such large amount of funds to take over the market.

In other words, when that time comes...

Once the market sentiment of Shanghai Steel Union encounters huge differences like today again, the market will stop taking over, and the stock market will naturally end.

After all, in the final analysis, the entire current market is still in the stage of stock game.

No one is a fool, and no one is willing to continue relaying on a large scale and take over for others when the exchange of hands is insufficient, profits are piled up in the market, and emotions are divided.

After understanding this, Su Yu knew that at this moment, the warehouse must be shaken.

Otherwise, the pressure on Shanghai Steel Union to move up in the future will double. After all, the higher it goes up, the greater the market value and circulation will be, and more funds will be needed to take over the market. Naturally, it will also require more complete exchange of chips. Only in this way can a large number of investors who follow the trend form a new synergy on this stock.

Of course, market sentiment has picked up at this moment, and the bad expectations in early trading are changing.

At this time, after understanding the plan of the main funds in the market, if he continues to push up the stock price, it will only further increase the other party's psychological expectations, and will not shake the other party's chips at all.

so……

He chose to press the plate downwards.

When the time reached 10 o'clock, Su Yu did not hesitate to place three consecutive sell orders of 3,000 lots at the market price, which directly impacted the market of Shanghai Steel Union.

After the order was placed, the stock price trend of Shanghai Steel Union, which was originally on the rise, reversed instantly.

9,000 lots, with more than 45 million yuan in capital, instantly swept through dozens of buying orders below the Shanghai Stock Exchange. Investors who were paying attention to this stock in the entire market were caught off guard, causing its stock price to plummet again.

4%, 3%, 2%, 1%…

However, in just ten seconds, the stock price of Shanghai Steel Union swallowed up all the gains in the previous rebound and returned to near the flat price again.

“Damn it, the main seller has three orders of 3,000 lots in a row, what a huge amount!”

"It's over. I'm so chasing after it again."

"This wave of selling funds is even more intense than the one at the beginning of the market."

"There are 9,000 hands with this amount of energy in the field. The only way is wealth, right? Damn... I thought there was no way to wealth. This is really a slap in the face."

"Is it really the road to wealth?"

"That's for sure. Except for Fortune Road, no one else in the market has such a large amount of chips."

"Damn it, the fortune road is also smashed?"

"Hey, I originally thought that the market would reverse today, but it seems that I was overthinking it today."

"So... this promotion just now was too tempting? Damn it, I was fooled. Hey... I was chasing after 50 yuan, are you going to eat noodles again today?"

"If Fortune Road is determined to exit the market, I'm afraid there will be huge orders to sell in the future."

"Moreover, there is a high probability that it is not just the Fortune Road. I remember that the funds from the Shaoxing Branch of Zheshang Securities were also locked up with the Fortune Road."

"In total, it's almost 150 million. Damn it...run..."

"Oh my God, I feel like I'm going to fall into the water again. Isn't it going to fall to the limit? Is it going to fall to the limit?"

Many retail investors once again exclaimed at the sudden change in the Shanghai Steel Union market...

The market pattern of Shanghai Steel Union, which was originally well-accepted, began to be completely suppressed by selling orders. A large number of selling orders followed the trend and the buying orders weakened. It was obvious that the undertaking power was insufficient.

And at the same moment...

Magic City, Huayuan Securities Shanghai Hongqiao Road Sales Department, VIP Trading Room.

Xu Qiao stared at the Shanghai Steel Link stock market, which was diving in a straight line, and frowned slightly: "Wealthy Road is also planning to sell on a large scale here? Hey... I originally thought that the capital structure of this road would be very large, and it would be The market’s sentiment of chasing this stock was taken to the extreme, but I didn’t expect…”

"But it's understandable."

"After all, after Fenda Technology's troubles, the market's short-term following trend has obviously become a little afraid of heights."

"Coupled with this funding, I have indeed made a lot of money on this stock. At this time, it is reasonable to want to take advantage of the good market sentiment to exit the market safely and stop taking profits."

"5 times..."

"Exactly 5 times the space!"

"With this battle, Fortune Road will be famous all over the world."

Thinking about this, he hesitated briefly and then sold out all 4,912 lots of Shanghai Steel Union stocks he held at the market price.

In his thoughts...

Now that Fortune Road is planning to leave the market, and the investment sentiment of the entire GEM, cracks have appeared.

Then there is no need to linger any longer.

Previously, he didn't sell when the market opened because he saw that Fortune Road was in the collective bidding stage of the Shanghai Steel Federation, so he basically didn't participate much. He thought that the other party might dominate the Shanghai Steel Federation's market, save his mood, and continue to move upward. plate.

As for the result...

Two minutes ago, he did think he was right.

When all his orders of more than 4,900 lots were sold out, the already shaky Shanghai Stock Exchange was directly smashed. The stock price plummeted by more than 3 points from around the flat price again, hitting a new intraday low.

Su Yu watched the panic spreading in Shanghai Steel Union...

Seeing that after he sold the chips, the main funds locked in the market finally couldn't help but leave, he couldn't help but smile.

After selling the 9,000 chips.

The funds in the fund account he is operating now have returned to more than 60 million.

And using this more than 60 million funds, when the current turnover of Shanghai Steel Union is already quite sufficient and the transaction volume has exceeded 300 million.

He believes that he can stabilize the market again.

After all, the investment sentiment of the entire market is not so bad now after experiencing the panic at the beginning of the market.

Of course, after seeing other main funds in the market sell off, he did not take action, but watched the market of Shanghai Steel Union, allowing various funds to continue to change hands at a low level.

In this situation...

At 11:42, Shanghai Steel Union reached a minimum drop of 4.8%.

After 11 o'clock, Shanghai Steel Union once again refreshed the intraday decline to 5.6%, and the turnover was close to 370 million, which basically set a new high in the same period.

Finally, at the midday closing, the Shanghai Steel Union's decline was fixed at 5.43%, and the turnover was 383 million.

Among them, the decline of the ChiNext Index also fell back to around 1.5%, and Fenda Technology was still locked at the limit. Other popular concept stocks such as Netspeed Technology, LeTV, Huaqingbao, Changqu Technology, Huake Jincai, Tianyu Information, and Dongfang Fortune... all fell more than the ChiNext Index, ranging from 2% to 6%.

At noon, the investment sentiment of the entire market seemed low again.

It was only around 12:40 when the afternoon opening was approaching that the China Securities Regulatory Commission issued a not-so-small positive news, which gave everyone a little comfort.

Then...

At 1 o'clock in the afternoon, the two markets continued to trade.

As soon as the market opened, the panic sentiment of Shanghai Steel Union increased again, and the decline increased gradually, falling to about 6%.

Then, after continuing to consume a wave of panic selling.

That is, when the turnover of Shanghai Steel Union reached the critical point of 420 million, Su Yu entered the market again and began to continue to buy the bottom on a large scale.

At 1:36, 2,000 lots of buying orders with nearly 10 million funds emerged on the Shanghai Steel Union market.

Its stock price was pushed up to a drop of 4%.

At 1:45, after the stock price of Shanghai Steel Union stabilized at 4% for almost ten minutes, another 3,000-lot main buying order attacked the market again, shrinking its stock price drop to about 2%.

Finally, after a brief adjustment.

At 1:55, the last 4,000-lot main buying order with nearly 20 million funds pulled the stock price of Shanghai Steel Union straight up.

"What the hell? Washing the plate?"

Seeing the epic shock of Shanghai Steel Union, the investors in the whole market who were paying attention to this check were shocked beyond words.

"The decline of nearly 7 points can be pulled back in an instant, and the strength of the main funds' attack is really ruthless. It's really... the big demon is not dead!"

"Isn't this trend too abnormal?"

"Not only abnormal, it's simply a wash that makes people feel like heaven and death."

"Fuck... I endured and endured, endured and endured, the amplitude in the early trading, I insisted on my faith and didn't move, but in the end... I still cut it at the lowest point in the trading session."

"Alas, I also... shouldn't watch the market."

"Haha... After chasing in the early trading, I was worried for most of the day, and now I finally made a floating profit. There is only one hour left. You must hold on and don't fall."

"Such a big decline is recovered, and it will definitely not fall in the closing market?"

"I chased the high at 50 yuan, but today's requirements are not high, it's good to close in the red, this drop The increase can be recovered, which has exceeded expectations. "

"Yes, yes... As long as it can close in the red, there will be great opportunities tomorrow!"

"The main force just now is really strong, but... The current turnover is already quite sufficient, and those who should be sold have already been sold. There is no pressure on the market now."

"Hey... Look, it's still rising!"

"1% increase, 2% increase, this is..."

"Fuck, so fast, 3% increase, this is... To create a new intraday high and regain the 50 yuan mark?"

"Not only that, this straight-line pull-up force, this sudden burst of volume... Is this going straight to the daily limit?"

Amid the exclamations of countless people...

At this moment, Su Yu stared at the Shanghai Steel Union stock price, which had risen straight and had re-crossed the 50 yuan mark. For a moment, his face was also full of shock.

He had stopped pulling the market, but the market and the stock price did not stop.