Chapter 668 Profit-Taking Selling Pressure!

"Suddenly, why is there such a big difference in the market."

Seeing the two markets plunge rapidly and the volume continued to expand, at 9:35, in the trading room of the 'Value Investment Mixed Selection' fund product of Yuhang Yinhua Public Fund Company, fund manager Zhou Yang frowned obviously: "Does the Shanghai Composite Index have to step back to the 3,000-point support level?"

"It is possible to step back." Zhu Peng, the trading team leader and assistant fund manager, stared at the market and responded, "The market has been soaring for many days in a row, and its short-term profit-taking is still very heavy in the short term. At this position, once the long and short forces on the market diverge, the index will most likely step back."

"Ah..." Zhou Yang sighed helplessly, "It seems that the timing of our position adjustment and change of the main line is still too radical!"

Just yesterday, the fund product 'Value Investment Mixed Selection' that the two were responsible for.

Just now, the large-scale transfer of positions has increased the 'big finance' main line, especially the core stock chips in the securities sector and the Internet finance sector.

The institutional seats on the Dragon and Tiger List of Huaxin Securities and Hengsheng Electronics yesterday.

There is their Yinhua public offering fund.

But I didn't expect that the market would face a high possibility of a pullback just after the adjustment was completed.

Zhu Peng thought about it and took over the conversation and said: "As long as the direction of our adjustment is correct, the market situation is still developing around the main line of "big finance", and there are no major changes in the future expectations and fundamentals of the securities and Internet financial sectors, then I think there is no problem with our adjustment strategy.

Short-term market adjustments are definitely inevitable.

But it is obvious that even if the index falls back to 3,000 points, it will soon rise again under the current hot market sentiment and market confidence, and recover the decline again, creating a new annual high and a new high in this round of rebound.

At most, we can only bear the short-term pullback that may occur in fund products at this stage.

And it's not Is there a saying that 'in the bull market, all pullbacks are high-quality buying points that cannot be missed'?

Although most of our fund's current positions have been transferred to the securities and Internet finance sectors, if the market has an obvious pullback next, we can still continue to buy on dips, further increase the chips in the securities and Internet finance sectors, and lower the cost of building positions.

So, I think...

Although our choice of increasing fund positions is relatively aggressive, we still have the initiative in the market. "

After hearing Zhu Peng's analysis, Zhou Yang felt a little better and said, "I hope it's as you said!"

After a brief exchange, the two turned their attention back to the trading disks of the two markets.

At this time, the time had slipped to around 9:40. The Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index quickly dived and swallowed all the gains of the high opening. After hitting the intraday low, they have gradually stabilized and began to slowly fluctuate and rise.

The major core hot themes in the market...

The securities sector fluctuated sharply, and the corresponding core stocks, such as Huaxin Securities, Western Securities, Oriental Securities, etc., fluctuated around the opening price. Although the divergence between long and short positions was still huge, the selling could no longer suppress the active buying, which further pushed the stock price down.

The Internet finance sector, at this moment, fluctuated and rebounded. The corresponding core stocks, such as Tonghuashun, Dongfang Fortune, Hengsheng Electronics, Yinjie Technology, etc., were pushed up to above the opening price by countless active buying orders after a rapid dive at the beginning of the session, and were about to achieve a new intraday high.

The film and television media sector, at this moment, also rebounded synchronously with the trend of the Internet finance sector. The corresponding core stocks, such as 'LeTV, Huayi Brothers, Guangguang Media, Huace Film and Television, Guangdong Media, etc., have also recovered the rapid dive in the first few minutes of the session.

As for other main line areas, such as 'big consumption', 'nonferrous cycle', 'petrochemical', etc.

It basically follows the market in fluctuations, and still has no relatively independent trend, nor does it show a strong state of concentrated attention from the main funds.

‘Infrastructure’, ‘Military Industry’ and other previous popular mainline sectors.

With the opening plunge of ‘Lanshi Heavy Equipment’, and the impact of the intraday plunge that could not be recovered within 10 minutes, the trend is obviously weaker than the market.

It has become a weak leading mainline sector that obviously drags down the market index and the two markets.

“Today’s market trend is much weaker than yesterday!”

Seeing that even if the market rebounds after the plunge, several core hot mainline sectors can no longer attack as strongly as yesterday and lead the market to break through. At this moment, some retail investors gathered in the discussion area of ​​the trading platform and on the online stock investment discussion platform sighed.

"The volume performance is similar to the same period yesterday, but the strength of the market performance is far behind."

"There is a big difference between long and short positions. I feel that today's index... should be difficult to create space, right?"

"The check for 'Lanshi Heavy Equipment' hit the daily limit yesterday. I thought it would turn around today and continue to hit the daily limit and set a new historical high. I didn't expect that after the opening, it would be a trend of burying people alive."

"It is really difficult for 'Lanshi Heavy Equipment' to reverse and set a new high."

"Yes, last week, when 'Lanshi Heavy Equipment' hit the ceiling and floor, the intraday turnover rate was over 70%. You can imagine... how much money was buried on that day? If you want to reverse and set a new high, you have to fully release the locked-in chips on that day. More than 70% of the circulating chips are locked in. Which main force will take over?"

"It is basically impossible for 'Lanshi Heavy Equipment' to reverse the ceiling and floor of that day."

"The main reason is that the pattern of the 'Chengdu Gang' is far inferior to Mr. Su's 'Fortune Road' and other first-class hot money seats in the market. In fact, the current market sentiment is still very good. If 'Lanshi Heavy Equipment' pulls out a new high in one breath and creates a hot money-making effect, the market will definitely not be less follow-up funds."

"I agree. Looking at the Dragon and Tiger List data of 'Lanshi Heavy Equipment' yesterday, the buying of 'Chengdu Gang' The proportion is not high, mainly due to the market's combined efforts. "

"No matter what, if the 'Bluestone Heavy Equipment' check can't play a role today, it is completely dead, and the subsequent trend will only get weaker and weaker."

"The key is that this check also brought down the two major sectors of 'infrastructure' and 'military industry' today."

"The two major sectors of 'infrastructure' and 'military industry' are weak, right?"

"The sectors that have risen sharply in the early stage must be avoided. The two major sectors of 'infrastructure' and 'military industry' are destined to follow the adjustment path of the two major main lines of 'mobile Internet' and 'smartphone industry chain'. Looking at the trend of the entire 'technological growth' main line before, it has not fully recovered since the end of last year. I think the two major lines of 'infrastructure' and 'military industry' are similar. , at least in the next six months, there will be no relatively large continuous market. "

"The main line of 'big finance' is still safe. Even if the market trend weakens, it can maintain a strong and volatile pattern."

"'Big finance' is still the core main line of the market, there is no doubt about it."

"The line of 'big finance' is a bit high in the short term. "

"'The strong will always be strong'! How can the position of the core main line not be high? As long as the main capital group in the market continues to flow into the main line of 'big finance', I think it is worth buying."

"When buying stocks, you can't just look at the high or low position of the stock price. You still have to follow the main capital. As long as there is continuous support from the main capital, I think you can buy at any high position, and whether the stock price is high or low, the most fundamental The measurement standard is also based on future expectations. As long as the future expectations are strong, the performance growth momentum is strong, and the market valuation is lower than the expected performance growth rate, it is absolutely undervalued. "

"According to this standard, the core stocks in the current "big finance" main line field should still be completely undervalued, right?"

"It is definitely completely undervalued. The performance of securities stocks this year has absolutely skyrocketed. Looking at the current PE valuations of various securities stocks, most of them are still in the range of more than ten times. Compared with the performance growth rate of these stocks that are expected to explode this year, it is still the main line field with the lowest valuation in the market."

"Anyway, in short... before the securities sector index doubles, the stock price will definitely be difficult to fall."

"Even if there is a short-term adjustment, what are you afraid of? This is a bull market!"

"Yes, it is already a bull market, and the pullback is a buying point."

"It's better to fall a wave, so that I can add leverage at a lower position, haha..."

"The Shanghai Composite Index will only fall back to 3,000 points at most. I don't believe that the Shanghai Composite Index can fall below 3,000 points again. ”

“I agree. Mr. Su’s ‘Yuhang system’ has already accumulated a large number of stocks in the main field of ‘big finance’. With Mr. Su as a guiding light, there is no need to panic at all.”

“Why do I feel that although the selling is fierce on the market, it is difficult for both the index and individual stocks to fall?”

“In terms of market volume, it is obviously still on the rise. As the saying goes, ‘where there is volume, there is market’. I think even if the index adjusts, it will only go sideways at most. It is basically impossible to fall back. You know… there are still a lot of funds waiting for low-level purchases and funds waiting to enter the market outside the market. In addition, the main funds have already built large-scale positions at this position. The cost advantage of the main force has not been fully played out at this position. I think the main position holders will not let the market fall back again, so that more funds can enter the market at a low level. ”

“Who cares? As long as the market’s ‘bull market expectations’ are still deepening, one word, buy it! ”

“Hey, the securities sector and the Internet finance sector have been fully pulled up. Sure enough... I said that no matter whether it is the core index or its corresponding core stocks, it can't fall at all.”

“Awesome! It seems that... the check of 'Tonghuashun' will hit the daily limit again!”

“There is a saying, if there are three, there will be five, and if there are five, there must be seven. I feel that 'Tonghuashun', the current leading stock of the 'Internet finance' sector concept, can go out of 7 consecutive boards. Of course... the check of 'Western Securities' is not bad, but the circulating market is relatively large. ”

“It seems that the securities and Internet finance sectors of the main line of 'big finance' have to carry the flag!”

“That's right, these two concept sectors must carry the flag.”

“Buy it! If you don't chase the warehouse at this time, what are you waiting for? ”

“Fuck, it's another large order of 10,000 hands. The funds taken over are really fierce. The disks of many core stocks in the securities sector and the Internet finance sector are moving abnormally at this moment! "

"Sure enough, the strong will always be strong!"

"As expected, only by following President Su can you get something to eat. The market trends of the two core sectors, securities and Internet finance, are really strong, and they are completely rising against the trend!"

"This is not called rising against the trend. The market trends of these two core sectors are the general trend of the market. In other words, the index is completely following the trend of these two sectors."

"Yes, indeed, the index is completely fluctuating with the market trends of these two sectors."

"The trend of the securities sector is really strong. The check of "Western Securities" has refreshed the intraday high. If this check hits the daily limit again today, it will be 7 consecutive boards."

"I have a full position in the check of "Western Securities". In the past few days, it feels like It's like a dream."

"What a strong bull market!"

"Haha, no matter where you buy, it's hard to get stuck."

"Increase your position, continue to increase your position and go long. It can be foreseen that as more and more funds enter the market, the core stock chips in the subsequent securities sector and Internet financial sector will become more and more scarce, and the stock price will continue to rise. "

"The 'Film and Television Media' sector has also risen."

"In the second half of this year, especially the National Day that just passed, the market box office performance is very good, and the 'Film and Television Media' sector can definitely go for a wave."

"The main reason is that the subsequent expectations of the 'LeTV' check have reversed, which has comprehensively driven the entire 'Film and Television Media' sector . "

"Not only that, there are still many substantial benefits for the 'film and television media' sector. The six ministries and commissions jointly released the benefits, isn't it in the process of fermentation? "

"Haha, that's it..."

"In short, the current market trend is completely different from the previous month, or even before. At this time, you should not be pessimistic anyway."

"Still pessimistic? At this time, you should be optimistic."

"Look at how many new people have poured into the forum in recent days, and you know that the market has just begun."

"Yes, the current bull market has just begun."

"3000 points is the starting point of the bull market!"

"3000 points must be the starting point of the bull market. Looking at the market trend, even if there are differences now, the adjustment is basically completed within the day."

"In a word, just buy with your eyes closed."

"Yes, at this stage, even if you buy blindly with your eyes closed, you can make money."

Amid the heated discussions among the retail investors and the still very positive emotional reactions...

The market has unknowingly passed the first half hour of trading time at the beginning of the session, and the core indexes of the Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index have returned to the opening position after half an hour of violent fluctuations, fully recovering the plunge at the beginning of the session.

Among them, the securities sector index and the Internet finance sector index once again rose by more than 2%.

Its core stocks, which are highly concerned by the market, such as Western Securities, Tonghuashun, Dongfang Securities, and Jinzheng Shares, have all risen by more than 5% within the day, all of which have refreshed the intraday highs and annual highs. Even Huaxin Securities, whose market value is approaching 200 billion, has also fluctuated upward to the 3% increase mark at this moment. The market actively buys, and after experiencing the concentrated selling at the beginning of the session, it is as strong as ever.

As for the "Film and Television Media" sector, which also showed a strong rebound trend and outperformed the market index.

At this moment, the continuous increase in its sector index has also broken through to about 1.5%, and the core stocks within the sector, "Huace Film and Television" and "Ciwen Media", have risen straight, and have reached the daily limit in the form of explosive volume, and have been completely blocked.

And thanks to the main attack and pull-up of core hot sectors such as the securities sector, the Internet finance sector, and the film and television media sector.

Other popular sectors and main concept sectors were also encouraged. Follow-up buying funds emerged in an endless stream, once again suppressing the buying, pushing up the corresponding sector indexes and the gains of the corresponding core stocks, bringing them back to the beginning of the trading session, or to a new rebound high.