Chapter 98 Eighth Board Height, the Monster Stock Continues!
Su Yu looked at the sluggish market conditions of the Shanghai Steel Union and the two cities, and once again there was a sharp contrast.
We know that the market rebound expectations have been shattered, and we know that with the rising risk aversion, the Shanghai Steel Union's market has completely stabilized.
He couldn't help but reveal a smile.
In his view, after the short-term main funds of the market, which failed to switch high and low, turned around again after the Shanghai Steel Union...
As the hands change in the future, the dispersed chip structure in the field will naturally change again.
At that time, under the influence of more and more funds to avoid risks and rush to raise funds, it will be a matter of course for the Shanghai Steel Union to touch the height of the eighth board and continue the market.
"Brother Su, you are awesome!"
After the Shanghai Steel Union's market stabilized, Mr. Qian couldn't help but open Su Yu's chat window during a heated discussion in the group and sent him a private message: "It depends on the situation. As the market decline in the two cities returns, The active funds in the market have begun to converge on the stock of Shanghai Steel Union.”
"And as these funds come together..."
"After the Shanghai Steel Federation has fully changed hands, today's huge concept can still be listed on the board!"
"Let's look at the synergy of market funds!" Su Yu responded calmly to Mr. Qian's praise, "Although the index failed to bottom out at this position today, it is actually not far from the real short-term emotional freezing point. , If Shanghai Steel Union touches the eighth board, there should not be much room for upward continuation.”
"After all, the current market is still in a bear market, and the market's risk appetite is not high."
"Once the market shows signs of bottoming out again, the funds hiding in the highly popular stock of Shanghai Steel Union will still quickly retreat and return to a high-low switching market."
“Moreover, as the height of connecting board space continues to be refreshed.”
“The essence of the market is that the number of investors who dare to follow suit at this position, whether they are retail investors or hot money, continues to decrease. "
"In other words, the higher the stock price goes up, the greater the pressure on the market will be."
"This is determined by the market's macro sentiment and everyone's risk appetite tolerance at this stage. Even if the Shanghai Steel Federation gathers the popularity and enthusiasm of the entire market and occupies the right time, location, and people, at this level, the emotional level will not be the same. If it collapses, it has almost reached the limit of market capital’s willingness to take over.”
"So...brother Su, you think we should stop profit at this position?" Mr. Qian asked.
Su Yu pondered for a moment and replied: "Today's market situation of Shanghai Steel Union is worry-free. If you want to exit the market... you can wait for the premium on the next trading day."
The main short-term funds in the market returned to Shanghai Steel Union.
Su Yu estimated that in this case, even if Shanghai Steel Union cannot close the market today, there is a high probability that there will be some premium on the next trading day.
After all, the funds for today's high-level relay have come in.
So, when the mood of Shanghai Steel Union has not deteriorated yet, and there is no profit margin protection, these funds do not dare to smash the market easily in the next day's trading, trapping themselves in it.
Therefore, he believes that there is basically no risk in entering the market on the next trading day.
What's more, under this kind of market attention, Shanghai Steel Union's liquidity will not be poor at all. Now the circulation of this stock has expanded to nearly 1 billion.
As long as he thinks about it, he can get out no matter what.
"Okay!" Mr. Qian responded, "Then just follow what Brother Su said and wait for another trading day. After all, the higher the stage, the more profitable a board will be."
"Yes." Su Yu replied briefly and said no more.
His eyes continued to fall on the trading boards of the two cities...
As the trading time went by, the turnover of Shanghai Steel Union continued to progress. At around 11 o'clock, the transaction volume exceeded 220 million, and the turnover exceeded 25%, setting a new high in half-day trading volume since the Shanghai Steel Union was connected. .
With the fierce changing of hands and increasing trading volume, its stock price is getting closer and closer to the daily limit.
It's just that at such a high position, there is no main capital for the time being, so I dare to take the initiative to close the market easily.
At midday closing, the three major indexes of Shanghai Composite Index, Shenzhen Composite Index and ChiNext Index all closed down by nearly 1%. The popular concept sectors in the two cities were completely wiped out and both were in the green market. Only real estate and infrastructure showed slight performance. Among them, 'Big Finance' 'The sector broke through and fell sharply, showing a clear acceleration of decline. However, the liquor consumption sector, under the shadow of 'plasticizer', still has no attention, including 'Qianzhou Moutai' and the like, which have hit new lows in many years.
After the market closes, at noon...
The mood of the entire market has started to fall into a state of slight panic.
Everyone is talking about the reasons for the continuous sharp decline in the market, and they are all wondering whether the current market rebound trend has been reversed after the continuous rebound from mid-April to the end of May. Everyone is worried whether the Shanghai Stock Index will go back to 2,000 points, or even continue to follow the path of the bear market and hit a new low.
In this atmosphere of worry and doubt.
As the market opened in the afternoon, the market moved more cautiously, and funds that dared to take orders and hunt for the bottom became scarcer.
On the entire market, the concept sector, which had performed slightly in the morning, also fell further. The outflow rate of main funds did not stop at all, but continued to accelerate.
Look at nearly 2,000 stocks in the two cities.
In addition to the reorganization and resumption of trading and a few straight-line stocks that are beneficial to the resumption of trading and daily limit, almost only one money-making hotspot of Shanghai Iron and Steel Co., Ltd. continues.
And thanks to this honor.
When the time passed 2:20 pm, the extent of the sharp drop of several major indexes began to expand further. Under the influence of a large order of 5,000 lots, Shanghai Steel Union hit the daily limit upwards, and instantly attracted more funds to close the board together, refreshing the new height of market speculation for eight consecutive boards, and also allowing the road of this stock to continue.
After the Shanghai Steel Union closed the board, other derivative concepts related to it.
There was a slight pulse in the late trading, a batch of new funds were trapped, and then it returned to calm again.
Finally, at the closing of 3 o'clock, the Shanghai Composite Index fell by 1.69%, completely breaking through the support of the previous rebound, while the ChiNext Index fell by 1.45%, fixed at 1022.13 points. Although it was still above the support line of 1,000 points, it was still weak.
After the closing, Su Yu briefly reviewed the market.
Then, it was half past five, and the new Dragon and Tiger list was announced.
Due to the continuous sell-off in the two markets, the trading volume fell into a slump again. There were fewer stocks on the list than in the previous few days when the market was hot, but Shanghai Steel Union was still on the list.
Su Yu took a look at the data of the Dragon and Tiger List of Shanghai Steel Union.
Originally thought that it was still dominated by small speculative capital, and the purchase amount of various main forces was relatively balanced, and the purchase volume was not large, but I didn’t expect...
“Yuhang Qingchun Road, this... Isn’t this Brother Sun’s seat?”
Su Yu stared at the position of buying one on the Dragon and Tiger List of Shanghai Steel Union, and was surprised. He really didn’t expect Sun Yu to follow up at this time and buy nearly 8 million.
And when he was surprised...
In the main speculative capital group where he was, other people were also very surprised after seeing the data of the Dragon and Tiger List of Shanghai Steel Union, and they all x-on:Sun Yu.
"Brother Sun, the 5,000 lots of Shanghai Steel Union at the end of the trading day were yours!"
"Brother Sun, what is the logic of the main closure today? Although Shanghai Steel Union has stabilized today, it has already gone eight boards. The upward space should be extremely narrow, right?"
"The upward space is not large, but it is safe!" Sun Yu replied, "In the entire market, Shanghai Steel Union has the best popularity and liquidity, and retail investors are most willing to follow this stock. Even though this stock has not much upward space now, it is still relatively the safest stock in the current market. I use 5,000 lots to do overnight arbitrage. There should be a high probability of making money. Why not do it?"
"And..."
Sun Yu paused, and then said: "I also want to see how far the Shanghai Steel Union check can go? After all, after this check opens up the market space, when the market picks up later, everyone will have a benchmark when speculating on other concept stocks and future hot spots."
"Mr. Sun has a big picture!" someone praised.
Sun Yu laughed and said, "Compared to the situation, Brother Su is still better. I am really surprised that Brother Su didn't fall into this situation today."
"As Brother Sun said..." Su Yu replied, "Although the expected space for Shanghai Steel Union to rise in the future is not large, it is not lacking in liquidity under the concentration of market sentiment and focus, and under the extreme money-making effect, even if everyone knows that it is a high risk, they will appropriately use small positions to gamble. This is the reason why this stock can be stabilized despite the high position and few investors who dare to invest heavily."
"Of course..."
Su Yu paused and continued: "This is also due to the fact that the overall circulation of this stock is not large, which is just enough to carry the current market capital activities."
"If its circulation is twice as large, like Huaqingbao."
"It would require more capital to work together, and naturally it would not be possible to reach this point now."
"After all, overall, the current market is still relatively short of funds and confidence, and a slightly larger circulation cannot be lifted at all."
"Brother Su makes sense." Zhao Qiang also responded, "Shanghai Steel Union can reach this point because it hits every emotional change node in the market and its own stock characteristics. Of course... there are also Brother Su's micro-management and guidance."
"I can only say that the formation of market monster stocks is always accidental and can only be encountered by chance."
"Indeed, the fact that Shanghai Steel Union can reach the height of eight consecutive boards is beyond my imagination and far beyond market expectations, right?"
"It's a pity that the risk will be higher and higher if it continues later."
"It depends on the situation of the market and the trend of the periphery this weekend, right? If there is any negative news in the market this weekend, or the trend of the periphery is bad, I am afraid that the market of Shanghai Steel Union on Monday will continue for a while."
"Oh, forget it, I don't have the courage to hit the daily limit that exceeds the rules of hitting the board in my mind. Relay."
"This is a feast for stockholders in the market. Brother Su's operation is simply superb. The profit in one wave is more than my one-year hard work."
"Uh... more than 100% profit in one year, that's also amazing!"
"Speaking of which, the Shanghai Composite Index failed to hold at 2,300 points, and the entire main board fell terribly. If we want to see the market stabilize in the future, we have to look at the support of 1,000 points in the ChiNext, right?"
"The ChiNext is not far from the 1,000-point mark!"
"There are still more than 2 points away. It feels that the ChiNext Index has held up twice in the previous test of 1,000 points. It should be able to do so this time, right?"
"I think it's possible, too. First of all, the upward space of Shanghai Steel Union is limited. The funds gathered in this stock will definitely look for the concept of high-low switching again and try to make another wave. Secondly, the market was obviously a little panicked at the end of today's trading. Whether it is the major sectors of the main board or the major concept sectors of the ChiNext that are continuously adjusted, the short-term sell-off has been deep enough. It only needs a wave of panic selling to clear out, and then the market can easily rebound again."
"The ChiNext Index is still more than 2 points away from the 1,000-point support. If there is a sharp sell-off, it can be sold out. After the panic trading, the market stabilized with the support of 1000 points, just like the last time when Brother Su attacked Shanghai Steel Union when the 1000 points were broken through, and pulled out the main line of "Internet finance", I think this situation will definitely happen again next Monday and Tuesday. "
"The optimistic situation is almost like this."
"But if it is not optimistic..."
"If it is not optimistic, then repeat the trend from January to early April. Anyway, the worst market situation has been experienced, and there is nothing to be afraid of."
Amid the discussion, Su Yu looked at the message in another group he was in.
Unlike the rationality of the main hot money group, in the classmates' stock trading group, there are many complaints and complaints, and many people are self-deprecating. There are indeed some signs of emotional collapse.
"Although I didn't catch the big monster Shanghai Steel Union, I bought Huaguo Construction in the past few days, and the overall small profit was 1 point, which perfectly avoided the decline of the market, which is not bad." When Su Yu was silently browsing the messages in the group, he saw that Huang Luolin, who always liked to show off in the group, came out again among the complaints of many classmates, and did not hesitate to x-on:Wang Can, who liked to expose his shortcomings, "Old Wang, how are you doing recently?"
"Not bad!" Wang Can was much more low-key this time and replied lightly.
Huang Luolin laughed and said: "From your tone, are you losing a lot? It doesn't matter. In the stock market, seven losses, two draws and one win is an iron rule. According to your usual performance, you can occupy the middle level among 70% of retail investors, which is not bad. After all, not everyone can make money in the stock market. Just play with your spare money. Don't take the loss too seriously."
"Well, you don't say it, it's really not very good recently. Since June, it has only outperformed the market by about 30 points." Wang Can replied lightly.
Then he threw out the recent profit chart.
Then, he smiled and continued: "With my level, I think Mr. Huang still overestimates me. I am actually at the bottom of the market among retail investors."
"Fuck, Wang Can, have you had an epiphany recently, or have you met a master?"
"Since June, you have rarely lost money. You have made money almost every day. The profit curve is so beautiful."
"Awesome, it's only been a week, and you have made nearly 30%."
"Yes, not only did you avoid the continuous decline of the market, but the yield rate was like riding a rocket, rising against the trend. Which bull stock did you buy?"
Wang Can smiled and was very satisfied with the pursuit of everyone. He continued x-on:Huang Luolin and said: "I just bought some Shanghai Steel Union. I am not like some people who pay attention to the pattern of everything. I am short-sighted. I buy whatever stocks I see rising sharply."
Huang Luolin saw Wang Can showing off.
He wanted to refute, but in front of the iron-clad rate of return, he really couldn't find a strong counterattack point. He was angry and just threw down a sentence "Chasing high and selling low will always lose money", and then he left the group chat.
Su Yu saw the two people fighting in the group, smiled, didn't speak, and was about to close the chat box.
At this time, Wang Can, who was proud in the group, knocked on his chat window and sent him a message: "Su Yu, thank you, if you hadn't reminded me in time today, I would have sold Shanghai Steel Union earlier and couldn't hold it at all. Now I have earned one more daily limit. Come over tomorrow... I must treat you to hairy crabs."
"Okay!"
Su Yu replied with one word and didn't talk much.
He continued to browse some market information, then turned off the computer, got up, changed his clothes, and went out.
In the evening, with Li Meng's help, he had dinner with the director of Huashang Securities' client department, who was Li Meng's former superior, and initially discussed some cooperation matters regarding the private equity fund's use of Huashang Securities' Fortune Road seat for operations after the company was established.
Then, the next day, June 8, Saturday, early in the morning, the two drove to Suzhou Changshu.
PS: Chapter 2 after 11 o'clock.