Chapter 408 To Hell with the Bull Market!

"Oh my god! Mr. Su's 'Fortune Road' seat has sold a total of 760 million on the Dragon and Tiger List today, and there is no buying of chips. Oh... It's over, the market is over!"

In the collapse and overall retreat of the market's bullish sentiment, the major stock trading forums are filled with the most intense discussions.

"Not only 'Caifu Road'! Mr. Su's 'Fusheng Road' seat also sold 125 million chips on Beixin Road Bridge today. The market has collapsed. Beixin Road Bridge will probably open at the limit down tomorrow."

"Oh, why did I chase the high this morning? I really regret it!"

"Fuck, I can't stop the 20% loss in one day, and I have to accrue the limit down loss tomorrow. It's just... "

"Mr. Su's two seats sold more than 880 million in total. It's really a large-scale reduction of positions without any concealment. The market trend tomorrow is definitely cold."

"The moment the market collapsed in the afternoon, I knew it was over, and it turned out to be true!"

"Where is the promised 'bull market'? Scammers... These institutional groups in the market "You guys are all liars."

"You really cheated me. I lost a lot today."

"It's been rising for more than half a month, but I lost in less than one day. Today's market trend is really a ruthless slaughter."

"Hey, when it comes to news, the big institutional funds always have to be one step ahead. How can people play this? What news... is known only after the market closes."

"Fuck, the regulators are crazy to restart IPOs at this time."

"They just keep bleeding the market and never think about how to make blood. With this attitude... you still expect a bull market? Bullshit bull market!"

"The more determined you are to go long, the more you lose. Hey... this market is really not suitable for investment."

"Speculation is the way out. Why invest?"

"You should take a bite of profit and leave. Now... you can leave even if you want to. It won't fall."

"Hey, I'm stuck again. I really shouldn't believe in the bull market."

"I don't believe in the bull market anymore. Let this garbage market sink in the bear market. I'll play with a light position of 10,000 yuan in the future. Otherwise... I'm really tired."

"Damn it, I was wondering why the market suddenly collapsed in the afternoon. It turned out that there was such a big negative news."

"Hey, I can only blame myself for my bad luck."

"The good trend collapsed in one day. Some people... are really bad teammates."

"We can't expect too much from the A-share market. Although we have suffered a huge loss today, we still have some profit. We will sell all of them at the opening tomorrow and wait for the Shanghai Composite Index to fall back to 2,000 points."

"I really don't understand why new stocks are issued at this time. The blood pool of the market has dried up. Where can we get blood?"

"Issues, issues... No one subscribes, If it is issued, it will be below the issue price, and then it will naturally not be issued. "

"Hey, it's just a little bit away, just a little bit away from 2500 points. The operation of the regulatory authorities is really speechless. "

"Yes, wouldn't it be better to wait until the market is truly stable before issuing new shares? "

"Many people say that they will protect the market, but their bodies are quite honest. "

"Hey, let's not talk about the news. Today's market technically is also quite bad. At the important pressure point, it directly collapsed and fell sharply, and the volume of nearly 180 billion was exploded. This extreme volume drop really trapped countless funds in the market. It can be predicted... The next market trend will be quite ugly. "

"Let alone the bull market, this round of rebound is likely to end here. "

"The market has a huge volume drop, Mr. Su is out with all his strength, and the restart of IPO is bad news... Everyone will rush to sell tomorrow! ”

“Even if you rush to sell, you have to sell it. With the trend of Beixin Road Bridge and many high-priced hot concept stocks today, I am afraid that several stocks will open at the limit down tomorrow.”

“At least Beixin Road Bridge, Shanghai Sanmao, Shibei Hi-Tech, etc., are definitely opening at the limit down.”

“Alas, short-term speculation is really about making money quickly and losing money quickly. In one day, 20% of the big face is really lost. My mother doesn’t recognize me.”

“The key is still tomorrow. Mr. Su’s large-scale, cost-free smashing of the market to stop profit has really hurt the market sentiment. I just hope that the external market trend tonight will not be too ugly, otherwise the whole market will suddenly be full of bad news.”

“With this situation and trend, you can’t blame Mr. Su, right?”

“Indeed, the main capital net outflow of the entire ‘infrastructure’ and ‘state-owned enterprise reform’ main concept sectors has reached more than 5 billion, which is terrifying. To be honest... Mr. Su is likely to be passive today. ”

“It’s still those rubbish institutions, they really have no pattern at all.”

“The asymmetry of information has a huge impact. Before the market closed, everyone was completely confused about the intraday plunge.”

“There is nothing we can do. Institutions have a natural advantage in obtaining information intelligence compared to us retail investors. However, if we don’t speculate ourselves, we can also use the funds to subscribe to their funds, which avoids the disadvantages of information asymmetry.”

“Buy public funds? Haha… Forget it. It’s better for me to lose money myself than to give them money to help me lose it.”

“Not to mention the loss, such guys are losing money and still charging management fees. I don’t know where they get the face? Unless we can subscribe to the fund managed by President Su, otherwise…it’s better to control our destiny.”

“Today’s drop really destroyed the bubble of the ‘bull market’. ”

"I found that the Shanghai Composite Index of 2500 points is poisonous. Every large-scale rebound in the market has reached this range and then collapsed. It has happened several times, and there is no way to cross this barrier."

"Hey... I don't know when I will see 2500 points next time."

"Before, many people shouted that it would reach 3000 points at the end of the year. I think... it would be good to see 2500 points again this year."

"I really shouldn't have any expectations."

"The A-share market will only make people despair, not hope."

"The US stock market is heading north, and our A-share market is still standing still. Maybe ten years later... the Shanghai Composite Index will still be around 2000 points."

"Haha, hasn't this been realized? Looking back ten years, wasn't the Shanghai Composite Index just around 2000 points?"

"Hey, this trend is too angry!"

"Ming Let's line up to sell every day, bull market... Haha, let the bull market go to hell! "

"Fortunately, Mr. Su decisively reduced his position today, giving everyone a relatively obvious reminder. At this time... we should indeed decisively give up the fantasy and make the market according to the rebound and shock situation."

"Return to the old-fashioned mode, long-term holding is still not suitable now."

"Hey, I hesitated for many days before I made up my mind to intervene heavily. I didn't expect... I just rushed in and gave me a blow."

"Sell, sell, sell tomorrow, otherwise... I will have to cut it in half later."

"Sure enough, when operating in A-shares, you can't be greedy, and greed will definitely cause trouble."

"Although I was buried by Mr. Su today, generally speaking, this wave of operations following Mr. Su has made a lot of profits. Thank you Mr. Su for reminding me, and I will decisively clear my position tomorrow."

In a very intense discussion among retail investors in the market. When the bullish sentiment collapsed rapidly and the bullish and bearish sentiments once again showed a one-sided situation towards the bearish side, the main hot money group at this time saw Su Yu's two major trading seats, "Fortune Road" and "Fusheng Road", decisively selling on a large scale on the Dragon and Tiger List, and the pessimistic expectations in their hearts also rose instantly.

Among them, in the Yuhang main hot money group where Su Yu was, in addition to complaining, everyone was bearish.

"Both of Mr. Su's two trading seats are all net sold, and Beixin Road Bridge, the leading stock in the two cities, has hit the ceiling and floor. In addition, the turnover of the two cities is close to 180 billion, and there are a lot of profit-taking orders in the market. The funds of large-scale retail investors who chased high prices today are trapped... In this situation, the market is probably completely hopeless in the short term, right?"

"The high-level volume plummeted, and at the same time, the market news was also a major negative. At this time... what can we expect?"

"Next, reducing positions and clearing positions are the only reasonable operations."

"But looking at this situation, Mr. Su should not have sold too many chips today? The entire 'Yuhang system' fund, in the two hot themes of 'infrastructure' and 'state-owned enterprise reform', claims to have a position of 10 billion. Compared with With this level of holdings, the 880 million on the list is actually not impressive enough. "

"This is only the sales volume on the list. I wonder how many are not on the list?"

"Today, the two core themes of "infrastructure" and "state-owned enterprise reform" are the areas with the largest explosion in the entire market. The two core themes have traded nearly 70 billion throughout the day, which exceeds one-third of the total market trading volume. If Mr. Su exits the market regardless of cost, he can at least sell 20 to 30 billion chips, right?"

"No matter how much Mr. Su sells, I think it's better not to have any illusions under this trend."

"Well, it's not that I have illusions. I really chased high today and lost a little. I thought that if Mr. Su's troops were still in the market, facing the market's near liquidity collapse, he should find a way to save himself."

"It's impossible. The chips in Mr. Su's hands have a very low cost. The market liquidity is not good. Even if he sells at the limit price, he won't lose money. It's just a short-term profit withdrawal. So I think we should not have any illusions. Decisive stop loss is the kingly way. Looking at the trend and the reaction of market news, the market is definitely doomed in the short term."

"Yes, Mr. Su's large-scale reduction of positions, coupled with the news of the resumption of IPO, the market's bullish sentiment will collapse. Once the sentiment collapses, it means that the market's consensus expectations have completely turned and are rapidly decreasing. At this time... without expectations, how can we speculate?"

"Oh, I really want to do it today, it's a sin!"

"There's no way. Everyone has losses. Just make it up next time."

"Overall, this round of rebound is still profitable. Many, Beixin Road Bridge, a ten-day winning streak monster, ate three daily limit boards with heavy positions. "

"Everyone, lower your expectations. The next step is to look at 2200 points."

"It is said that after the Shanghai Composite Index broke through 2200 points in the early stage, it has never stepped back. Those who were waiting for the Shanghai Composite Index to step back to 2200 points to increase their positions, all missed the opportunity. This time... the index must find support at 2200 points."

"I hope 2200 points can hold up, otherwise the index will fall back to the large box of 2000 to 2200 points, and it will be more difficult to start again."

"Take one step and see one step. Anyway, the 'bull market' is definitely gone for the time being."

"Hey, the major institutions that have heavy positions in the main blue-chip stocks of 'infrastructure' and 'state-owned enterprise reform' have really made a lot of money. "

"That's right, these guys have been selling so hard in the past two days."

"Haha... These guys usually say that we are a cancer in the market and have no pattern. I think... they are the cancer in the market, right? They made a good breakthrough in the trend, but this time they completely destroyed it."

"It's no wonder that in this market, except for Mr. Su's ability to leverage the big market trends, the others... are just following the trend. They talk about investment. In fact, they are not speculating. They earn the difference in stock prices. Profit and ‘value investing’ are nothing more than a cover and a joke to them.”

While the hot money groups who are active in the market are ridiculing the institutional groups that caused today's market crash and the institutional groups who learned the news in advance and frantically reduced their positions and fled...

At this moment in the Magic City, inside the Yinghui Fund Company, in the trading room.

As one of the institutional investors, as the manager of the 'Yinghui No. 1' fund, Liu Guanhai did not enjoy the benefits of cutting profits in advance and reaping the market's dividends. Instead, due to hesitation, he did not have time to reduce his position, and the entire fund increased its position at a high level. All the chips were trapped in the field.

"What the hell...it was almost!"

Staring at the data on the Dragon and Tiger list, Su Yu's two major trading seats, and the huge 880 million yuan sold, Liu Guanhai's temples pounded, and he was so angry that he couldn't help but cursed. At the same time, the teacup on the table , he was also thrown to the ground violently, his whole face was so gloomy that he wanted to eat people: "Are all the market information and intelligence departments just doing nothing? Why are the news channels lagging so far behind, and the news is only sent after the closing? It’s useless.”

"Mr. Liu, we..." Trading team leader Yu Lei's heart trembled, and he didn't know how to comfort him at this time.

Recently, their trading operations have indeed had some problems, and they have also misjudged the macro trend of the market to a large extent, leading to errors in trading strategies.

And at this time, it is destined that someone needs to take responsibility.

When Liu Guanhai saw the sudden movement, all his subordinates in the trading room looked at him. After about half a minute, he calmed down, glanced at Yu Lei, and said, "Don't be nervous, this time... I will take the responsibility." Be responsible, continue to review the market, and formulate a position reduction and stop-loss strategy with smaller losses as soon as possible.”

Seeing that Liu Guanhai said this, Yu Lei put down his worries, nodded, sat down again, and continued to review.

But at the moment Liu Guanhai was furious and filled with rage.

In the same company, on the other side of the trading room of the 'Yinghui No. 2' fund.

As a fund manager, Shao Xiaoyun stared at the refreshed dragon and tiger list, and at the same time looked at some rumors about the restart of the market IPO, but he took a long breath, patted his chest luckily, and said: "Fortunately, we With my quick reaction, I knew something was wrong with the market trend today, and sure enough... the negative impact was a direct blow, and coupled with the large-scale appearance of the "Yu Hang" funds, the market will be very ugly tomorrow. "

"Mr. Shao is wiser." Trading team leader Liu Changling hurriedly responded.

Shao Xiaoyun chuckled and said: "Don't talk about this. Our fund's current positions are still at the heavy position level. The previous strategy is to obtain as much excess market profits as possible. Now that the market situation has reversed, we have to find a way. How to reduce profit retracement and preserve the results gained.”

"Yeah!" Liu Changling responded, "Does Mr. Shao have any ideas?"

Shao Xiaoyun pondered for a while and said: "There is no good way. We can only take one step and look at it based on the emotional reactions inside and outside the market, as well as the external market trends. I hope that tomorrow... we can have a better view of the stocks we hold." Opportunity to appear!”

In his expectation...

At this moment in Yuhang, inside the Yuhang Investment Company, in the fund trading room.

Su Yu glanced at the dragon and tiger lists of the two cities that were refreshed on the computer screen, as well as the long-short sentiment in the entire market that had completely reversed and the rumors about the 'market IPO restart' that were gradually spreading, and turned to Li Meng who was aside. Asked: "How far are our company's two main funds from the target of our previous reduction plan?"