Chapter 86, the sea of stocks

Since the establishment of China's stock market in 1989, the stock market, which was established under the concept of trying well and stopping if it doesn't work, has gained a huge volume by 2018 after decades of development, and has become a powerful assistant to the country's economic development. Although many problems arose during this period, they were all satisfactorily resolved under the wise leadership of the state. Although the stock market has been difficult all the way, even in the faltering steps, the stock market has become more and more resilient to development, and the majority of shareholders in the stock market have become stronger and stronger under the baptism of the stock market storm.

Zuo Yuliang deeply felt that the growth of the stock market needs time to baptize, and the maturity of shareholders also needs time to baptize. Only after one thing can one hone one's wisdom! The words of the ancient Chinese sages never deceived me!

The stock market is changing, and shareholders must also change with it, of course, Zuo Yuliang needs to change even more. Only by taking the initiative to adapt to the ever-changing changes of the stock market can we continue to grow ourselves in the development of the stock market and not be overwhelmed and destroyed by the strong winds and waves of the stock market.

In Zuo Yuliang's view, there is a way to follow in the stock market, and this way is to constantly think and analyze the nature of the main funds in the stock market in different periods and the rise and fall of the holding market. Learning this is a very important guide to surviving in the current stock market.

Thinking of this, Zuo Yuliang immediately remembered Liu Pengfei, an old partner who has a sensitive sense of smell for policy. So, he chatted with everyone in the group again.

"Pengfei, I've been thinking about a question lately, I want to ask for your help?"

"It's rare that Brother Zuo has a problem asking for help, the CTI testing you opened a position last time has risen well recently! It's a pity that I was timid and didn't dare to buy it!" Liu Pengfei sent a message and said.

"Brother Zuo is finally bubbling again, and I've been hesitating whether to throw away CTI?" Hu Weiyong said in a message.

"You don't have to throw it away, it's better to be patient, right? When I finish analyzing the problem with Liu Pengfei in a while, you will understand. Zuo Yuliang sent a message and said.

"Then does Brother Zuo mean to continue to hold shares in CTI?" Hu Weiyong continued to send messages and asked.

"Yes, continue to hold shares, as for why, I'll sell it here first, you listen well! If you don't understand what I said later, I'll tell you the answer." Of course, if you understand what I mean, I don't need to say more. Hahaha. Zuo Yuliang sent a message and said.

"Then I'll have to pull a well-written, understanding person to listen with me. Du Wenfeng: Have you woken up? Listen to Brother Zuo's lecture online and help me understand what the main content of what they are talking about?" Hu Weiyong said in a message.

"If you want me to listen to the lecture, you have to pay something! So let's wait for the stock to make money, how about we high rollers come to eat?" Du Wenfeng said jokingly in a message.

"Naturally, I just don't know if you have diabetes and high blood pressure? If you do, you can't eat?" said Hu Weiyong in a message.

"This Wei Yong doesn't have to worry, I have good teeth and good appetite, I eat well, and my body is great!" Du Wenfeng replied by message.

"Wenfeng is a blessed person, and it is blessed to be able to eat!" Zuo Yuliang sent a message and said.

"Brother Zuo smiled, I was joking with Hu Weiyong. ”

"By the way, Brother Zuo, do you have any problems to solve?

"The problem is actually very simple, I now feel more and more that whether we can make money by speculating in the stock market depends on the rise and fall of the stocks operating behind the main funds in the market!" Zuo Yuliang said in a message.

"Brother Zuo, I'm a little confused about what you said! Hu Weiyong sent a message and said.

"I mean, we make money mainly by operating stocks!" Zuo Yuliang simplified his question and replied by sending a message.

"That's right, that's the truth, as long as you buy the stocks of the main operation, the probability of making money will naturally be great!" Du Wenfeng also sent a message.

"The problem is, there are a lot of main forces in the market, so what kind of main forces do we buy stocks with? This is a question that I have been thinking about recently. What I mean is that Liu Pengfei will first tell us what are the main main funds in the market at the moment? Zuo Yuliang sent a message and said.

"Fortunately, I learned a little bit about finance, otherwise I really wouldn't have been able to answer Brother Zuo's question. Liu Pengfei sent a message and said.

"Then don't rub it off, let's talk about it quickly?" Du Wenfeng sent a message urging.

"Okay, as far as the stock market is concerned, he belongs to the non-bank financial industry, and there are several types of funds that are mainly involved in stock trading. Judging from the main structure of the stock market now, I think the national team is the super main force, mainly including stability maintenance funds represented by CICC Zhongdeng and other companies. You can see this in the stock trading software F10. The main function of this type of main force is to maintain the stability of the stock index, but most of the time it is when the stock index encounters difficulties that it shows its strength to pull out the mountains and cover the world. During the stock market crash since last year, it has undertaken the heavy responsibility of rescuing the market. Liu Pengfei gave an overview of the National Stability Maintenance Fund.

"Very good, the information collected by Pengfei is very detailed, continue to continue. Zuo Yuliang sent a message and said.

"There are many types of funds, mainly various types of funds. There are mainly social security funds, pension and insurance funds, securities funds, and various funds established by compliant foreign investors. This is the main participant in the current market, and it is also a capital group with considerable energy. Liu Pengfei continued to send a message.

"In this way, after analyzing and listing the funds, it would be better for Pengfei to talk about the operation style of these funds. Zuo Yuliang sent a message and said.

"That's a lot of content, wait until I collect the information and send it to Brother Zuo!" Liu Pengfei sent a message.

"That's fine, that's even better. Zuo Yuliang sent a message and said.

"The third category is all kinds of funds raised by shareholders of various enterprises. This capital market is sometimes not to be underestimated. Liu Pengfei sent a message and said.

"The fourth category is the trust private placement and large and small private projects in the market, which are the most active funds in the market, and are often characterized by short-term operation. Liu Pengfei sent a message and said.

"When will it be our turn to have funds like this?" asked Hu Weiyong in a message.

"The fifth category is the funds of our retail investors, which are generally small and scattered, but on the whole, the volume is also huge. Liu Pengfei continued to send a message.

"In addition, there are idle funds outside the market, as well as social savings funds, which are some reserve funds that may enter the market. Brother Zuo, there is only so much content I have collected, and it depends on how you analyze it. Liu Pengfei sent the message to the group and said.

"Of course, with the continuous advancement of the country's reform and opening up, many new capital groups will continue to become the main source of funds in the market. Liu Pengfei added the news.

"Hard work, Pengfei, I will combine my own thinking to analyze, since 2018, I have observed and thought of some details, and I will make an analysis with you, which may help us to speculate in stocks in the future. Zuo Yuliang sent a message and said.

"One of the questions I've been thinking about now is, since March 2018, what funds have been out?" Zuo Yuliang posted his question to the group.

"The industrial capital in the market before the year should be out, and they have huge short-term profit margins. Also, the prescient social security funds are definitely out. Liu Pengfei sent a message analysis according to his train of thought.

"Isn't social security funds optimistic about the prospects of the stock market?" I don't think so?" asked Hu Weiyong in a message.

"It's not that they are not optimistic, but they smelled the risk of short-term market adjustment and took the lead in reducing their positions. It is not ruled out that they will enter the market to open a position in the future. Liu Pengfei sent a message analysis.

"Therefore, we must pay attention to the large-scale holdings of social security stocks in the stock market, and we should not easily enter the market to go long. Zuo Yuliang sent a message to analyze.

"There are huge leveraged funds under the brokerage fund, it is estimated that this is the biggest main force to kill this year, the management has made it clear that all kinds of leveraged funds must be strictly checked, but this kind of funds into the market is huge, once cleared, it is the absolute main force to kill, it is estimated that the market in February fell down, is the main force to reduce the stock index earthquake. Liu Pengfei sent a message and said.

"Therefore, we should also be careful of brokerage heavy stocks and trust heavy stocks this year, and with the advancement of the deleveraging policy, such stocks are estimated to be cut in half and then cut in half. Zuo Yuliang sent a message and said.

"There are also private equity fund stocks, which have been thunderstorming since the beginning of this year, and even several of the well-known Wang Yawei's funds have been liquidated, and there is a bearish pathos in the market. Private equity money is also out of the market, fleeing the stock market. Liu Pengfei continued to send a message.

"That is to say, some well-known private equity companies have been admitted to the market, and it seems that theme stocks will also take a break! It will be difficult to follow the trend in the short term this year, everyone should be careful!" Zuo Yuliang said in a message.

"Pengfei, the main forces in the field you said are all out, is it possible that it will fall for a year this year?" Hu Weiyong said in a message.

"At the moment, we still don't see the future of other funds. Liu Pengfei sent a message and said.

"I guess other funds also belong to the kind of funds that are hindsight, and when they come back to join the ranks of killing the fall, the stock market will continue to bottom. Zuo Yuliang sent a message to analyze.

"Then Brother Zuo, do you have any funds to enter the market?" asked Hu Weiyong with a message.

"There should be, but the volume is not large, and it should be all kinds of compliance funds, such as pension funds. But among them, I am most optimistic about northbound funds, that is, international compliance funds that enter the market. This is a very influential long fund. Zuo Yuliang sent a message and said.

"Then according to your analysis, Brother Zuo, on the whole, the risks outweigh the benefits this year? Theoretically, we should be in Nanshan, and the knives and guns are in storage!" Chen Menglong said in a message.

"If you can do that, that's the best, and it's more rewarding not to do it than to do it wrong. In the stock market, there is a tuition fee for taking one step earlier and one step late. Zuo Yuliang replied with a message.

"It seems that the stock market is becoming more and more difficult to control, and it is almost necessary to exterminate all retail investors! Even the capital and private equity have surrendered. Cao Yinqiu sent a message and said.

"It seems that if you have the money, you should buy a house, it is probably a good investment opportunity. Liu Pengfei sent a message and said.

"However, there are still some opportunities to pay attention to, that is, to pay attention to the performance of foreign heavy stocks. We need to look for those stocks that foreign investors have been silently increasing their positions and boldly enter the market to go long. The management clears the leveraged funds, which is also for the healthy development of the stock market in the future, and the purpose is still for the future development of the stock market. Zuo Yuliang sent a message and said.

"Well, I see, no wonder Brother Zuo wants to buy 300012 this stock?

"What I want to express is still this truth, we have to follow those main forces who enter the market to do long, not those funds that are out, otherwise it will be difficult for us to make profits!" Zuo Yuliang said in a message.

"It makes sense, Brother Zuo's thinking is good, and it inspires me a lot, we should follow the main force to enter the market, instead of making a receiver of funds. Hahaha. Liu Pengfei sent a message and said.

"It seems that in the future, when buying shares, we should look at the shareholders and study whether they will leave or stay. Cao Yinqiu sent a message and said.

followed the northbound funds to go long, which became another small reflection of Zuo Yuliang's observation of the stock market in 2018. Under the influence of this line of thinking, they found CTI, rode on the back of a bull together, and in 2018, they bucked the trend and obtained good benefits.

It seems that the stock market is also inclined to be prepared for profit.