Chapter 46 Emotional Differentiation, Concept Switching!

Four accounts, a total of 447,000 shares, 4,470 lots of chips.

Su Yu placed all of them at the limit price in almost one minute, without any lingering on the market where Tianyu Information still rose to the limit, and the still hot call auction sentiment in the two markets.

As his order to sell was executed...

At 9:17, the Tianyu Information market, which had originally been a limit with no volume, had more than 8,500 auction orders, and only about 350 auction sell orders, suddenly soared to more than 4,900 auction sell orders, attracting the attention of countless investors who were paying attention to this stock in the market.

"The market sentiment is very good, what does this sudden emergence of nearly 4,500 sell orders mean?"

In the Tianyu Information stock discussion area, someone immediately raised a question.

"Do you remember the bidding performance of Tianyu Information the day before yesterday? These 4,500 sell orders are obviously a repeat of the old tricks, inducing other major funds in the market to dump the market, thereby reducing the pressure of Tianyu Information to close the board after the opening. Just wait and see... Before 9:20, this order will definitely be withdrawn."

"I also think this order will be withdrawn. Lantian Information and Yinjie Shares have both seen bidding limit increases, and there is a trend of continuous limit increases. What's more, Tianyu Information is the concept leader of the entire market, and it also has the seat bonus of the general leader. It makes no sense that it will be worse than Lantian Information and Yinjie Shares."

"One minute has passed, and the bidding sell orders have only increased by less than 700 lots, and the closing orders are still maintained. Around 8,500 lots, it seems that… other major funds in the market did not follow this major fund to dump the market, which shows that everyone is still optimistic about the next market. "

"If there are three, there must be five. Tianyu Information has a solid position as the concept leader in the two markets, and it has received a lot of attention. Funds that follow the trend are endless. I believe that the pressure of the fifth board is not great."

"The positive news of Tianyu Information itself is enough to make it reach its current height. The emotional premium has not yet begun."

"I am optimistic about Tianyu Information's doubling. "

"Yes, as the core leading stock that leads the market to continue to rebound, coupled with the positive stimulus and the premium of the chief leader's seat, it must double by seven boards, right? "

"Yes, below the seventh board, it should be a low-risk area, you can take over with confidence."

"Is this main force stupid? After it successfully speculated the day before yesterday, it actually wants to try again today. It thinks other main forces are fools. Who will be fooled by it again?"

"It's 9:19, there is only one minute left, and there is still no change in the market."

"In the entire market, investment sentiment is still rising. Many hot concept stocks have signs of big funds bidding for chips. I bet this fund will definitely withdraw its order."

"Even if it doesn't withdraw its order, the market can fully absorb more than 4,000 chips."

"Yes, Tianyu Information rose yesterday with a shrinking volume. Stop, there is not much chips flowing out at all. The off-market funds have been waiting for this leading stock for a long time. As long as this fund does not withdraw the order, it will be giving money to other major funds waiting for chips off-market. "

"It's 9:19:30, this fund should be withdrawn soon..."

"40 seconds!"

"50 seconds..."

"Fuck, fuck...what's going on, it's not withdrawn, it's a real order..."

When 9:20 came...

The countless investors who paid attention to Tianyu Information's stock found that the nearly 4,500 sell orders that were posted since the beginning of the call auction were not withdrawn, and they were instantly uneasy.

"Damn... it's a real market crash!"

"This main force is really unexpected. Today's market sentiment is obviously very good. Why is it forced to crash the market at this time?"

"I don't understand, I don't understand..."

"Will this guy lead other main funds in Tianyu Information to follow suit and crash the market? If so... the mood will collapse!"

"No, it shouldn't."

"Looking at the overall bidding situation in the two markets, mobile payment, Internet finance, and smart city concepts are still absorbing incremental funds. Tianyu Information is not a big problem."

"Yes, yes, another minute has passed."

"Although the growth rate of selling orders is faster than before, there is no panic market crash."

As everyone discussed fiercely, the main funds of various departments in Tianyu Information were a little surprised by Su Yu's strong market crash, but they did not follow the market crash when they initially judged that the market still had upward potential and the short-term market sentiment was still hot.

So...

In the real bidding stage after 9:20, the market of Tianyu Information remained stable.

Finally, at 9:25, the bidding ended, and Tianyu Information still opened with a daily limit, with a stock price of 41.58 yuan, 5,821 lots traded, and a turnover of more than 24.2 million yuan.

Su Yu looked at the bidding results and the account positions that had been cleared, and was very satisfied.

During the bidding stage of the two markets, the market's short-term pursuit sentiment continued to spread, but it was already a spent force. Su Yu judged that even if Tianyu Information could barely close the five boards today, it would not go far in the future, so... there was no need to stay and eat the risk profit at the end.

After a short pause, at 9:30, the two markets officially started bidding transactions.

At the beginning of the trading session, the Shanghai Stock Exchange Index, the Shenzhen Stock Exchange Index, and the ChiNext Index all rose more than 1% at 9:52. The two cities also experienced general gains across the board again. situation.

During this period...

Securities and Internet finance, mobile payment, smart cities and other conceptual sectors have advanced hand in hand and continued to perform.

Among them, Tianyu Information once again entered the shrinking one-word board state after the call auction increased the volume. The two checks of Blue Sky Information and Yinjie Shares also touched the daily limit.

However, this "thriving" overall trading status did not last long.

When the time passed after 10 o'clock...the market prices in the two cities began to take a sharp turn.

First of all, stocks in the major financial sectors such as securities, banks, and insurance, which are the main board weights, experienced huge selling pressure during the rebound, and quickly shot up and fell back.

Immediately afterwards, in the ‘big financial’ sector, too much incremental funds were swallowed up.

Concept sectors such as mobile payment, smart city, and Internet finance, which are the core hot spots in the two cities, were under-capitalized at high levels. Huge profits were accumulated on the market for several trading days, and they began to rush out of the market to harvest profits.

So, under the chain reaction...

The Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index quickly reversed from their highs and plunged sharply, while the gains of individual stocks in the two cities also quickly narrowed, and even turned from rising to falling.

At 10:42, the three major indexes fell back to near the opening and continued to decline.

At 11 o'clock, the three major indexes turned green, and the market prices in the two cities were completely ebbing. Tianyu Information, as a core popular concept stock in the market, increased its volume significantly on the daily limit board.

At 11:17, the two heavyweight stocks of Huaguo Petrochemical and Petroleum suddenly rose, causing the Shanghai Stock Index to turn red again at the midday closing, returning to the early opening point range.

At the same time, it also caused obvious differentiation trends among the three major indexes.

After the midday close...

Although the Shanghai Composite Index still closed in the red, market sentiment was still severely hit compared to early trading.

Many mornings, the vast number of retail investors who followed the media's propaganda and rushed in to take over high-level positions under the hot money-making effect of the market. Now, after losing money, they began to angrily curse the unscrupulous media and complain about the market.

In the afternoon, after the market opens at 1 o'clock.

Driven by the two barrels of oil and other weights, the Shanghai Composite Index continued to rise slowly, recovering from the morning's plunge.

As for the Shenzhen Stock Exchange Index and GEM, without weights to support the market, they can only follow the fluctuations of market sentiment and make a free fall.

At 1:22, when the Shanghai Stock Index still maintained an increase of more than 0.5%.

However, the ChiNext Index broke through the 0.7% decline. All popular concept stocks in the early stage experienced strong selling pressure, and the main funds on the market retreated sharply.

At 1:31, Tianyu Information exploded, and the transaction volume exceeded 100 million.

And as Tianyu Information, the market's most connected stock and a core popular stock in the two cities, exploded, its related concept stocks also ushered in a crazy plunge.

"Damn it, is the market crazy? They cut me as soon as I entered the market!"

"What about the promised bull market? Damn it...you shouldn't trust these institutions. Every time you express some hope, you end up losing money as soon as you buy it, and it goes down as soon as you buy it. It's simply poisonous."

"Is the main force just staring at my three melons and two dates? Otherwise, it's really annoying!"

"More than 1,000 stocks have fallen, but the Shanghai Stock Exchange Index is still red. I am speechless. Who are you fooling?"

"Hey... it's the same old routine as before. I knew the market hadn't fallen completely. It seems... the Shanghai Stock Index probably has to go to 2,000 points to find the bottom. It's just... why didn't I control my hand?"

"The explosion of the leading stock Tianyu Information has done too much harm to the market."

"Hey, the ultimate five-board, it seems... this is the extreme height of the market. It's my fault, I shouldn't have unrealistic illusions."

"Can I still reply?"

"It's impossible. I'm emotionally exhausted. I don't have the main funds to dare to close the deal under such circumstances."

"There is still not enough market confidence and insufficient incremental funds to support the market going further. It is a pity that Tianyu Information has not been able to continue to develop market space."

"The emotional collapse caused by this cessation of funds, where is the lack of incremental funds? It is simply caused by the blind institutional main force, blindly promoting super large sectors such as securities, swallowing up too much active funds in the market, if It’s not the securities that are causing trouble. If the market goes up, there will be no problem at all.”

"Indeed, how can a market with an average daily turnover of less than 20 billion take on such a giant sector as securities? These institutions are simply losing their minds and going crazy."

"What's funny is that the Shanghai Stock Exchange Index is still red..."

"Hey, institutions are eager for quick success and quick profits. Finally, in the speculation of various concept stocks, the market profit-making effect and emotional recovery brought by hot money have been ruined in this wave."

"Tianyu's information is unable to be sealed back, and several major concepts related to it are likely to undergo huge adjustments."

"Next, we can only see if there are other conceptual threads that can drive the market. If not, then this round of rebound, I estimate, will be almost over at this point..."

"Other main lines..."

In the sound of heated discussions as the market conditions evolve...

Su Yu stared at the changes in the two markets, and also paid attention to the choices that funds flowing out from high-level concept sectors such as mobile payment, smart cities, and mobile Internet finance would make.

This is the smartest fund in the market.

Their choices usually determine the future market trend and investment opportunities.

Market sentiment has collapsed, but it is not impossible to save it, at least... He believes that if the active short-term funds in the market are willing to switch between high and low at this time, take advantage of the situation to bring out another or several other main line speculation market, and create another market leader stock, it can still continue to gather the money-making effect, attract more incremental funds to enter the market, and continue the rebound.

What's more, from the stubborn red plate of the Shanghai Stock Exchange Index, it can be seen that the regulatory authorities are still extremely willing to maintain the stock market, which gives the market a great deal of free speculation space.

In other words...

As long as it helps to restore market sentiment and help the entry of incremental funds outside the market, it can continue the upward trend of the market, thereby revitalizing the financing function of the stock market.

Then the regulatory authorities are willing to turn a blind eye to some excessive speculation.

In other words, under the current market structure, it is the best time for market hot money to play.

Su Yu believes that he can understand this.

Then some of the smart funds, who have been in this market for many years, must understand.

Just as he was observing the movement of the main funds, in a short period of contemplation...

Su Yu noticed that after 2:40, when the ChiNext Index fell by 1.5%, Tianyu Information was unable to recover and continued to fall, and the high-priced concepts of mobile payment, smart city, and Internet finance were all extinguished and fell into a huge adjustment.

A huge main force.

Suddenly began to rapidly buy the relatively low-priced "mobile game" and "film and television media" stocks.

Among them, stocks such as Huaqingbao, Changqu Technology, Yaoji Technology, Meisheng Culture, Huayi Brothers, and Guangxian Media all rose abnormally, quickly recovered the losses, and even turned red and rose.