Chapter 115 Fund Positioning, Shanghai Index Breaks Through 2000 Points!

Indices are jumping fast, and individual stocks are actively buying.

The Shanghai Composite Index reached a minimum of 2008.31 points and began to rebound rapidly, while the ChiNext Index also began to bottom out and rebound after reaching a minimum of 999.82 points, and within a few minutes, it rose back to above 1005 points.

"The good is good!"

When Su Yu, Li Meng, and Wang Can stared intently at the market of the two cities, their fingers on the mouse buy button, and kept hovering, Su Yu's main capital group, someone exclaimed with emotion: "The support is strong, the buying is surging, and the chassis is pouring in on a large scale, and it seems that the market can hold up here." ”

"The index has been killed too fiercely this month, and it has been seriously over-falling, and now a wave of low opening, directly to the support level, and the large-scale influx of chassis to undertake it, it is time to rebound."

"The Shanghai Index is 2,000 points and the index is 1,000 points, which are indeed strong support levels!"

"If it can hold up here, it will be the second foot of the market that has landed, the perfect W bottom!"

"The volume of the opening ten minutes can be very healthy, and the volume has increased significantly, it seems that the market should be at the bottom here, and it can do an over-falling rebound."

"What about the main line? Which concept has a better chance of rebounding? ”

"Depending on the situation, the most active funds are still the GEM, and the main board is affected by the bank's internal money shortage crisis, and both the strength of funds and the rebound are relatively weak."

"The main concept of the GEM, the most promising and imaginative, should still be 'Internet finance', 'mobile games', 'smart terminal equipment', right?"

", Shanghai Ganglian, Fenda Technology, Huaqingbao, Netspeed Technology...... These core concept stocks in the early stage have been rising rapidly, and the funds are moving so fast. ”

"Hua Qingbao became popular first......"

In the heated discussion of the crowd.

At the moment when Hua Qingbao, Internet Speed Technology, and Fenda Technology several stocks to be built to build positions rose rapidly and turned red, Li Meng's heart moved, and a strong desire to buy rose from the bottom of his heart, and he couldn't help but ask Su Yu again: "The decline of the GEM index has shrunk to about 1%, and at the same time, the amount of time can be significantly enlarged compared with the previous few trading days, and the attack on buying orders has also been strengthened compared with the previous few trading days, is this supported?" ”

"Patience!" Su Yu replied with a smile, "The risk is not on the GEM in the first place." ”

"Since mid-April, the overall rise of the GEM index, although it has exceeded the Shanghai Index by a lot, is basically a move in the capital, and the overall chip structure is also dominated by market capital and retail investors, and the main funds of institutions are not much in the layout of individual stocks on the GEM."

"So ......"

"The money shortage crisis broke out within the financial system, and the institutions in the market passively reduced their positions and stepped on the stalls of returning funds."

"The GEM refers to the disk pressure and market pressure it is facing, which is much smaller than that of the main board, and the flexibility is naturally more sufficient."

"When the risk of the market is not on the GEM."

"It is quite incorrect to measure the bottom of the market by the rise and fall of the GEM."

"After all, even if the GEM is under the main attack of active funds in the market, it can quickly turn red, and for a while, it will save some market investment sentiment."

"But when the institutional selling crisis on the main board cannot be resolved, and there is not enough capital to undertake this part of the selling market."

"Once the chassis rushed into the morning is exhausted, under the premise that there is no hope for the solution of the internal money shortage crisis of the over-the-counter banks, in the face of a steady stream of institutional selling, the current short-term rebound trend of the Shanghai Index will be reversed in an instant, and the strength and emotions will be exhausted simultaneously."

"The Shanghai Composite Index will once again pull the rebounding GEM index and continue to sink underwater."

"In the final analysis, as long as institutions continue to sell and trample on each other on the main board blue chips and white horse stocks, it cannot be solved, at least before there is no hope and opportunity to solve it, even if the index rebounds for a short time, it is difficult to really see the bottom."

And with the sound of his voice.

At 9:46, the GEM index returned to 1015 points, Hua Qingbao rose more than 3%, the amplitude exceeded 7%, and the Shanghai Ganglian fell from the lowest 8 points to about 3 points, and rose more than 5 points in less than 20 minutes after opening.

And, with the crazy rise of these popular core concept stocks in the early stage.

More bottom-buying funds and short-term active funds began to attack the pan-'mobile Internet' concepts such as 'mobile games', 'Internet information', 'smart terminal equipment', and 'Internet finance', resulting in the GEM index breaking through the 1020 point mark at 10 o'clock, which is one step away from the 1025.51 point closing the day before.

At the same time.

The decline of the Shanghai Composite Index was also carried by the surging influx of bottom-buying funds, which withstood the institutional funds that continued to sell, and retracted the decline to less than 1%.

Seeing the index and individual stocks, they turned around strongly at the important support level.

Closed the gap back to the morning session.

did not buy the bottom at the first time in the morning, and many hesitant groups of investors and retail investors began to further follow the trend and join the bottom-buying army.

"The bears are exhausted, and they have bottomed out, haha...... The index will definitely be able to turn red today. ”

With the strong rebound of the index in the morning half an hour, opening low and going high, Su Yu's classmates in the retail group, the original silent atmosphere, in an instant, became lively again, among which the daily chatter in the group, Huang Luolin, who loves to show off, is even more excited to directly call on everyone to copy the bottom: "I didn't say it, I entered Hua Qingbao, today's check rebound is too sharp, and it must be today's market leader." ”

After speaking, he posted the record of the real purchase, and the whole person looked extremely excited.

And with his direct encouragement......

Other people in the group have also joined the bottom-buying army, and what's more, the people who were trapped in the continuous decline of the market before are also complaining at the moment while making up their positions.

Under the combined force of these forces.

At 10:15, the GEM index took the lead in turning red, completely making up for the gap in the morning, and once again proving to market investors the stability of the 1,000-point mark.

The Shanghai Index, driven by the red of the Growth Enterprise Market and a large number of bottom-buying funds.

The decline also retraced to within 0.5%.

But just when everyone is passionate, thinking that the market has run out of profits, the over-falling rebound is a foregone conclusion, and the Shanghai Composite Index will inevitably turn red next.

The market suddenly increased further.

As the core of the main board, the two blue-chip and white-horse plates of 'big finance' and 'big consumption' have shown signs of smashing the market in an instant.

10,000 lots, 20,000 lots, 50,000 lots, 100,000 lots......

Endless orders are emerging from these big guys, desperately devouring the entire market's copying power.

At 10:21, it was only 6 minutes since the GEM index turned red.

Institutional holdings of very heavy white horse stocks, Gree Electric Appliances appeared flash crash trend, followed by the liquor beverage sector, Qianzhou Moutai, Luzhou Laojiao, Wuliangye and other core stocks, also appeared flash crash trend, the time-sharing chart within a minute or two, that is, completely submerged the rebound of nearly 1 hour at the beginning of the session.

And with the sharp increase in the selling of many white horses.

The 'big finance' sector, which was the top overall decliner, was also weak again, falling rapidly, and the volume and energy were expanding simultaneously.

"How...... What's going on? ”

In Su Yu's classmate retail investor group, Huang Luolin, who was excited to buy the bottom just now, saw that the Shanghai Index was dragged down by the sudden increase in the volume of 'big finance' sectors such as banking, securities, and insurance, as well as the 'big consumption' sectors such as food and beverage, and white goods, and was stunned for a while.

"The GEM has turned green, hey......"

"Hua Qingbao also turned around and retreated after rushing higher."

"The Tianyu information I just bought, instantly retraced 2 points, it looks like this is going back to the time of the opening, what's going on? How to attack well, suddenly turned around. ”

The rest of the group saw that the index seemed to have suddenly lost its soul at this moment, and retreated frantically.

For a while, I was also confused.

", straight diving, what's the matter? Is it too much to rush high? ”

"Do you want to do this, I finally copied the bottom, and I was put in again, hey...... It's hopeless, this market really shouldn't have any illusions. ”

"It's so fast, in less than 10 minutes, the GEM index has retracted into the 1010-point range."

"The Shanghai Composite Index has fallen by more than 2%, which is really weak."

"Who is selling, the index has fallen for a month, reaching the 2,000-point mark, and there is not even a weak rebound, do you want people to live?"

With the rapid dive of the index, the atmosphere in the group also changed, and it became complaining and irritable again.

Of course, at this moment, in addition to these retail investors in the group, Su Yu's main tour capital group rushed in the morning to buy the bottom and do a lot of money in the over-falling rebound market.

At this moment, in the face of the sudden dive of the index, he was also temporarily trapped.

"Hey...... What a good rebound trend of the GEM index is to open low and go high, and it was dragged down by the Shanghai Index, and it was speechless. ”

In Su Yu's main tourist group, some people complained helplessly.

"Are the two core institutional shareholding sectors of 'big finance' and 'big consumption' crazy today? Such a brainless smash! ”

"It's not that these institutions are crazy, it's that under the spread of the market money shortage crisis, institutions hold individual stocks and enter stampede mode, and no one wants to smash at 2,000 points, but in order to return cash and support the main financial institutions, they also have to smash."

"Hey, because of this, I avoided blue chips and white horses in the morning, but I didn't expect ...... Sure enough, it is under the nest, and it is difficult to have eggs! ”

"It seems that today is the bottom, and it is wrong again!"

"I haven't done it right this month, and I've been cutting meat almost every day, hey...... People were stunned. ”

"Indices, individual stocks, and retracements are so fast, look at this situation...... After so many bottom-buying funds were buried in the morning, this is the mood collapsed again! ”

"GEM refers to a straight line diving into the 1010 range, can 1000 points still hold?"

"Look at the Shanghai Index, the GEM Index is invalid."

"This group of institutions, like pigs, really rely on their own strength to bring down the market and directly kill the last support of the market!"

"It's over, chasing Hua Qingbao, if the GEM index can't hold 1,000 points, I'm afraid I'll have to cut a big piece of meat tomorrow."

"Look at the Shanghai Index, if the Shanghai Index can't hold 2,000 points, and the GEM Index can't hold 1,000 points, it will definitely not be able to hold it."

"Don't just stare at the ...... in the stadium"

"It depends on whether the money shortage crisis outside the market can be alleviated."

"The interbank lending rate has soared to more than 30%, and the central bank should take action, right? Today at noon should be a time window. ”

"Hey, what about Brother Su? It's been a long time since I've seen Brother Su come out to speak. ”

"Brother Su's seat does not appear, the market seems to have no backbone, in addition to falling, it is still falling, it's simple!"

"As for the last time Brother Su cleared the Shanghai Ganglian, he said that he would take a break for a while, and the market fell into a series of sharp falls and plunges, hey...... Brother Su's judgment is really divine. ”

Gu Zhan

"I knew earlier, I wouldn't have speculated myself, how good it would be to buy the shares of the fund issued by Brother Su."

"There's no chance now......"

When the market rebound was seriously less than expected, institutions suddenly increased their efforts to smash the market, the capital undertaking efforts were suddenly cut off, the index fully retreated, and everyone in the group @ Su Yu.

'Yuhang Investment' trading room.

Li Meng and Wang Can looked at the market trend of the two cities, and found that it was almost exactly the same as Su Yu's prediction, and for a while, they couldn't help but be shocked and surprised.

"As soon as the strength of the chassis was exhausted, the selling power of the institution just increased, and sure enough, the undertaking force of the entire market collapsed across the board." Li Meng stared at the changes in the market of the two cities, and continued to ask Su Yu, "The GEM index was dragged down by the Shanghai Index, and 1,000 points should not be able to hold, right?" ”

One blow of strength, then decline, three and exhaustion.

At the beginning of the market, the funds have been consumed, and they have not been able to undertake the on-site selling, which has driven more bottom-buying sentiment and money-making effect.

The index fell back to the 1,000-point mark for the second time, and the support strength will be greatly reduced.

"Again." Su Yu said, "In the case of high over-the-counter interbank lending rates and an increasingly fierce market money shortage, institutions trample on each other, and the current situation of cash flow withdrawal is not resolved, and it is difficult for the market to get real support and bottom." ”

"Under the desperate efforts of the majority of institutions that are the absolute main force of the market."

"The market investment sentiment is no longer good, and the amount of funds in the market and short-term speculative funds alone cannot hold the historical threshold of 2,000 points in the Shanghai Composite Index."

"And the Shanghai Composite Index broke the 2,000-point mark ......"

"The last psychological defense line of the bulls has been broken through, and the panic disk of the sky will naturally pour out, and when the GEM refers to 1,000 points of support, it will be even more like paper paste."

"If you can't keep 2,000 points...... Wang Can was shocked when he heard Su Yu's words, and couldn't help but answer, "Then it's even more abyss." ”

According to the historical trend of 08 years.

Once the 2000 points are completely broken down, the market investment sentiment completely collapsed, it is really impossible to see the bottom, pessimistic thinking, falling below 2000 points, according to inertia, it is not impossible to kill 1700 points and 1600 points in one breath.

"Let's see how the central bank reacts!"

Su Yu paused and said: "As long as there is news from the sidelines, or we can see the reversal of the form of the money shortage crisis lifted, the institutions trample on each other, and are forced to reduce their positions and withdraw cash flow, then we can enter the market on a large scale to compete for these bloody chips and build a full position." ”

"Of course, if the Shanghai Composite Index breaks through 2,000 points today, the decline will expand rapidly to more than 5%"

"It's also admitted."

"Why?" Li Meng asked, "Shouldn't we hold the entrance and wait and see?" ”

Su Yu smiled and said: "On the contrary, if the Shanghai Composite Index stubbornly stood at the 2,000-point position today and failed to completely break through the 2,000-point mark, that is to say, the market did not have a complete collapse of emotions and a situation where everyone was completely desperate, then ...... It proves that the risks of the financial system are still controllable. ”

"The current goal of the central bank was originally to borrow money shortage crisis, so that many domestic financial institutions with aggressive operations can learn a lesson, and by the way, tighten a wave of liquidity and suppress inflation."

"If the risk of the financial system is controllable......"

"Is it necessary for the central bank to rush to stabilize the market? There is no need! ”

"Therefore, only when the market fully kills all the supports, showing signs of a full-scale collapse and liquidity depletion, can the central bank be forced to quickly release a certain amount of liquidity to stabilize the market."

"Only in this way will the wind we are waiting for come."

"Moreover, in times of despair, panic and fear, the amount of blood chips that have been killed can change the chip structure in the field to the greatest extent, to have a super fall rebound with great money-making effect, and to have the motivation and motivation to leverage the market with weak funds and create a sustained market."

"Don't break it, don't stand ......"

"The Shanghai Composite Index 2,000 points must be broken down in order to make a fundamental change in the market."

"Here, it's the bottom, but it's also the pre-dawn, darkest time."

With Su Yu's voice, the time crossed 11 o'clock, the Shanghai Index in the 'big finance', 'big consumption' and the follow-up 'medicine', 'infrastructure', 'real estate' many core weight sectors of the sharp dive retracement, the decline crossed the opening level, reached more than 3%, the index point fell to 2010 points, from the 2000 points of the important integer mark, really only a layer of paper distance.

At this time, the GEM index also came to the 1,000-point mark again.

And all the popular concept plates that rebounded before were annihilated across the board, Hua Qingbao, Fenda Technology, Netspeed Technology, Shanghai Ganglian, LeTV, ...... Many core concept stocks, almost all out of the A-shaped form, among which the Shanghai Ganglian fully broken, touched the 13.70 yuan limit position, and the beginning of the strong state, in stark contrast.

In the Shanghai steel union touched the fall limit, and then completely blocked.

The rest of the core concept stocks dived again one after another.

Finally, at 11:16, another popular stock in the Internet financial concept sector, Tianyu Information, also touched the fall limit, which directly and completely collapsed the entire GEM sentiment, causing the GEM index to go sideways at 1000 points for nearly 15 minutes, directly breaking through 1000 points, expanding the decline to more than 3%, and within a few minutes, the lowest touched 991 points.

And with the GEM index breaking through 1000 points.

In the last three minutes of the noon close, the Shanghai Composite Index also ushered in another wave of rapid diving, hitting the 2,000-point mark, and the time-sharing trading volume was magnified to more than 5 times the average daily trading volume in the previous period.

2003、2002、2001……

In the limit of the burst of trading volume, the moment when the hearts of investors in the entire market are raised to their throats.

The Shanghai Composite Index finally settled at the 2000.63 level, ushering in the time of the lunch break, and also retained the last glimmer of hope for countless investors in the market to defend the 2000 point mark.

At noon, in the face of the Shanghai Composite Index, the Shenzhen Index, and the ChiNext Index, they all plummeted by nearly 4%.

In the face of the entire market, the pattern of the A-kill trend across the board.

All investors, whether retail, capital, or institutions, are in mourning.

Because this is not a simple one-day plunge, but a full-line plunge in the market index that has fallen by nearly 12% after more than half a month ago, and the market investment sentiment has been suppressed to the limit.

This plunge in the trend.

It's like the straw that breaks the camel's back.

The lethality of investment sentiment in the market and investor confidence in the entire market is extremely huge.

Of course, in this kind of miserable howl, despair, and grief, some people still hold on to the last trace of hope, hoping that during the lunch break, the China Securities Regulatory Commission, as the market supervision department, and even the central bank, can see the crisis of complete collapse of the market and complete loss of liquidity, and release clear benefits in time to rescue the market.

After all, this is 2,000 points, which is the last long pass in the hearts of countless investors in the entire market.

Pity......

Throughout the afternoon, an hour and a half break.

In addition to the increasingly fierce crisis of money shortage in the domestic financial market, except for the interbank lending rate and the scorched money that have far exceeded the risk line, and the banking institutions that are raising money everywhere, there is no clear good news, and neither the China Securities Regulatory Commission nor the central bank has maintained calm as always.

So, under this gap.

At 1 o'clock in the afternoon, as soon as the two markets opened for trading, investors in the market sold in despair.

At 1:01, the Shanghai Composite Index fixed at 2000.63 points at noon, that is, the lightning broke through the 2000 integer mark, and after almost 5 years, it returned to the beginning of 1 again, setting a new low in the market since 08.

At 1:05, the Shanghai Composite Index continued to cross the 1990 mark, and the decline extended to more than 4.5%.

At 1:07, the Shanghai Composite Index broke through the 1980 point, and the decline expanded to about 5%.

Similarly, at this moment, the GEM index has also fallen sharply, and the volume has fallen to around 980 points, and the decline is also approaching 5 points.

In the face of such a decline, such a scenario.

Panic, despair, completely enveloped the entire market.

As long as there are liquid stocks, the funds in the market are flowing out wildly, and their stock prices are also moving in one direction, that is, the straight down limit.

At 1:12, the heavyweight stock Huatong Securities fell to the limit, and Huashang Bank, Huaguo Bank, and Huajian Bank ...... Many financial heavyweight stocks have fallen by about 7%, breaking out the amount of time-sharing.

At 1:18, the Shanghai Composite Index broke through 1965 points, a decline of 6%, and the ChiNext Index broke through 970 points, a decline of 6%, and the number of stocks in the two cities increased rapidly, reaching 100, and with the passage of time, it is still increasing wildly at a speed visible to the naked eye.

At 1:25, the turnover of the two cities exceeded 50 billion, setting a record for the year, and the panic market broke out in an all-round way.

At 1:32, Hua Qingbao, who performed well in the morning of the GEM, also touched the fall limit, with an amplitude of more than 15% throughout the day, burying all the countless retail investors and floating funds who chased the rise and bought the bottom in the morning.

At 1:42, the number of stocks in the two cities exceeded 200, and CEFC Securities, the core leader of brokerages, hit the fall limit.

At 1:47, Su Yu and Li Meng proposed to build a position in the target stocks, Fenda Technology, Internet Speed Technology, Hua Qingbao, LeTV, Oriental Wealth, and Flush six, all of which were pressed to death on the fall limit, and the three major indexes fell by more than 7%, and the liquidity of the two cities declined rapidly.

At 1:52, Huaguo Petroleum, Huaguo Petrochemical, Huaguo Construction, Yangtze River Electric Power and other core weights changed, and quickly rose for a while, saving the index that slipped all the way to the abyss and seemed to be going to the fall limit.

Also at this time......

Su Yu gave Li Meng and Wang Can an order to buy: "Let's build a position of two or three percent first, the risk of market liquidity drying up is completely revealed, the entire market has fallen to this point, investment sentiment has completely collapsed, it is time for the national team and regulators to come forward to stabilize the market." ”

"I estimate that after the market closes at the earliest, it will ...... tomorrow at the latest"

"The central bank and the China Securities Regulatory Commission, there must be substantial positive actions."

"Here, it should be the real bottom of the market in despair.

Saying that, he himself began to use the fund fund account and personal fund account in his hand to sweep on the falling limit on a large scale, buying the blood chips ceded by the majority of investors in despair.

Li Meng and Wang Can responded.

Subsequently, according to the established target stocks, he swept orders to buy in Huaqingbao, Fenda Technology, Netspeed Technology, LeTV, Flush, and Oriental Wealth.

Then, under the joint action of the national team and bottom-buying funds.

After 2 o'clock, the current situation of liquidity depletion in the entire market was slightly eased, and the major indices and individual stocks ushered in a brief rebound at the end of the session.

Eventually, the market closes at three o'clock.

The Shanghai Composite Index fell by 5.31% to close at 1,963.24 points, down more than 100 points, completely breaking through the last support of the bulls at 2,000 points, and the ChiNext Index fell by 5.27% to close at 971.45 points, which also completely broke through the previous support level of 1,000 points.

As for sectors and individual stocks......

The banking and securities sectors fell hard, with a decline of about 6.5%, of which CEFC Securities finally fell by 9.1%, and the weight of the four major banks, including Huashang Bank, Huaguo Bank, Huanong Bank and Huajian Bank, also fell by an average of 7%, which can be described as tragic.

Concept stocks and concept plates.

Su Yu set out 6 stocks to build a position, except for Flush and Oriental Fortune, which finally fell to the limit, which fell by about 8%, and the other stocks were all closed to the limit.