Chapter 121: Bear Market Thinking

"Brother Su's hand today is really arrogant, but ...... I like it! ”

When Su Yu rarely spoke out and discussed in the group, some group friends praised it: "In the future, I am afraid that the market will have to list a concept plate for Brother Su alone, which is called the 'Fortune Road' investment concept plate." ”

"It's the 'Yuhang Investment' concept plate, right?" Someone answered.

"Don't say it, it's totally possible!"

"Look at the popularity of the stocks held by the Su brothers after the data of the Dragon and Tiger List comes out, Shanghai Ganglian, Huaqingbao, Fenda Technology, Netspeed Technology, Oriental Fortune, LeTV...... A large number of concept stocks that have become the hottest in the market, especially the discussion heat of the Shanghai Ganglian, which directly overwhelmed the news heat of the central bank's 500 billion market open operation, and directly topped the list of hot stocks in the two cities. ”

"As the first stock in the two cities today, the Shanghai Ganglian is the first stock to fall yesterday, plus the seat bonus of the Su brothers, it should be normal to have such a heat, right?"

"Look at this heat, Shanghai Ganglian won't be a word board tomorrow, right?"

"I hope not, the Shanghai Ganglian has also accumulated a lot of profits today, if the word board opens tomorrow, the profits are further piled up, I am afraid it will not go far."

"Speaking of Brother Su, what is the logic of LeTV?"

"Other stocks, can still be understood, it is this LeTV...... The development of film and television media has indeed entered the fast lane, but in the field of online video, this traffic realization has always been a mystery, and no one knows how to go in the future, and they don't know how to change the model in order to make a profit. ”

"It should be a smart TV, right? People are taking a route and a logic with Fenda Technology. ”

", I really forgot about this stubble, I've been thinking in the direction of online video and film and television media, I didn't take into account that Boss Jia has now begun to build an ecology and enter the field of smart TV."

"LETV has a lot of imagination, and it has the genes of a platform-based and eco-shaped company!"

"The stocks that can be favored by Brother Su, even if they can't understand the logic for the time being, will definitely not be bad."

"You're a little blind, aren't you?"

"Hey...... Not to mention, from now on, I will resolutely follow Brother Su and be Brother Su's fan brother, after all, I found myself stirring up and frying, and in the end it is better to follow Brother Su to make money. ”

"Damn, that's what you're talking about."

"Hey, I was also scared of losses this month, and today I followed Brother Su to buy the bottom, and it was the first time I ate meat this month, which was really miserable."

"It's a pity that Brother Su didn't participate in the private placement two days ago."

"The money is finally comfortable, and now I don't see the money bubbling up."

"With Brother Su helping him make money, of course he is comfortable, I also want to be like Mr. Qian, when will Brother Su's next private equity fund be opened!"

During the discussion, everyone @ Su Yu wanted to know when his next fund would be raised.

Before the two-day crash, in fact, everyone did not have any persistent thoughts about subscribing to the private placement products issued by Su Yu, but at this moment...... When everyone saw the cruelty of the market, and saw Su Yuxiu's judgment and operation to everyone's scalp numbness, in addition to admiration, this idea in their hearts became stronger and stronger.

Of course, this change in psychology ......

It is also due to the fact that everyone thought that the gap between themselves and Su Yu's trading level and cognitive level was not large.

But now, after the tragic blow of the market and Su Yu's divine judgment and operation, everyone has realized the gap between themselves and the other party, and naturally has this change in psychological thinking.

"Before the first product doubled, the company had no idea of issuing a new fund." In everyone's inquiry, Su Yu replied uniformly, "Of course, I am grateful that everyone can trust me, and at the same time, in view of everyone's kindness, if the company has the idea of releasing a new product, I will definitely tell you as soon as possible." ”

After speaking, Su Yu continued to discuss and discuss with everyone.

I quit the group chat.

Then, he glanced at the messages in the group of classmates, picked a few private messages from classmates with whom he had a good relationship before, and then looked away from the computer screen.

It was close to six o'clock in the afternoon.

Su Yu first checked Wang Can's closing review records, pointed out some directions and points to pay attention to, and then held a short meeting of the company and left work.

When I got home, I had dinner and washed up.

Su Yu turned on the computer again, looked at the trend of the external disk, and then sorted out his thoughts, and pondered for a while which line the follow-up market should mainly follow, and then fell asleep.

The next day, Wednesday, June 26.

When he came to the company, the time had passed 9 o'clock.

Last night, the external market trend was good, the three major U.S. stock indexes closed higher across the board, and there was no negative in the international market; After a wave of large-scale water release by the central bank, the interbank lending rate and the overnight repo rate have also returned to normal, from the highest abnormal level of more than 30% to about 3%, and the money shortage crisis has been completely lifted; Therefore, the overall investment sentiment of the market is very enthusiastic before the market, which is stronger than yesterday, I don't know how many times.

"It's really two heavens of ice and fire!"

After preparing for the opening, Li Meng looked at the hot topics and various hot topics in major online trading forums and communities, and sighed: "Compared with yesterday, it is like a world away." ”

When Su Yu heard this, he smiled and said: "In the face of an uncertain market, the majority of investors, including tour capital and institutions, are actually fish. ”

"Fish?" Li Meng wondered in his heart, not knowing why.

"Hmm." Su Yu nodded and continued with a smile, "Naturally, it's a fish, because a fish only has a 5-second memory." ”

Li Mengmeng thought about it, felt that there was some truth, and couldn't help but show a smile, and said: "It's true, as long as there is a money-making effect, the previous plunge will naturally be forgotten soon." ”

"Yes." Su Yu said, "In the trading of the secondary market, there is no faith, it is a long white line that cannot be changed, if not, then two long white lines, three long white lines...... When the money-making effect of the market continues to accumulate and gather, no matter how stubborn the bears are, they can't help but enter the market and become new bulls. ”

"That's the beauty of the market!" Li Meng replied.

Su Yu was silent for a moment and responded: "Not only the charm, but also its cruelty, the greed and fear of human nature are always vividly displayed in the continuous interpretation of the K-line." ”

"So...... You can't chase candlesticks. Li Meng pondered, "You have to look through the K-line, wait and see the sentiment, and see the original fundamentals of the market." ”

"That's right." Su Yu nodded, "Whether it is a stock or a large market, as long as the essential macro fundamentals are good, then no matter how panicked the mood is, the impact is temporary, and it is ...... If you can see the general direction, the panic of the market will be the source of excess profits, after all, under the influence of emotions, the valuation of the market will also lose its mind, and the rise will be too high, and the fall will be too much. ”

During the exchange between the two, 9:15 arrived, and the call auction between the two cities began.

Su Yu focused his attention on the disk, only to see that thanks to the high-pitched market investment sentiment, more than 90% of the stocks have achieved high opening, and the willingness to raise funds from all walks of life is not small.

As for his self-selected stock pool, as well as core holdings.

Tianyu Information opened about 3% higher, and the tickets of Internet Speed Technology, Fenda Technology, Flush, Oriental Fortune, LeTV, etc., were also similar to Tianyu Information.

Only Hua Qingbao and Shanghai Ganglian, the two biggest stocks in the market, have some exceptions.

Huaqingbao opened nearly 7 points higher, and the stock price was reported at 33.09 yuan, recovering a large area of lost ground in the early stage; Shanghai Ganglian opened directly with a word limit, and the stock price was reported at 16.58 yuan, and the bidding limit was sealed, and the initial amount exceeded 5,000 hands.

"The call auction sentiment in the market is very strong!"

Li Meng was very excited to see more than 90% of the stocks in the two markets opening high: "It seems that the index is going to gap upwards today, will there be an island reversal pattern?" ”

"Unlikely!" Su Yu said, "The rice should be eaten one bite at a time, and the good should be digested little by little, the transformation of the bear and bull stage is a subtle process, far less rapid than the conversion of the bull and bear, after all, everything is always a hundred times more difficult to establish than to destroy, although the market confidence has gone through yesterday's violent rebound, repaired some, but after all, it is still a stock game, external large-scale investors, not so easy to enter." ”

"What's more, after the central bank's liquidity is released, the funds will have to be fed back to the stock market."

"It will take at least a month, several months, or even more than half a year to see tangible results."

"And ......"

"Yesterday, many stocks had an amplitude of more than 10%."

"That is to say, many funds that bought the bottom at the bottom yesterday are already very profitable at the moment, and for many people, there is a very large demand for profit-taking."

"In addition, more than 95% of investors in the current market are still bearish mentality."

"I think that I can make a little money, and I must not be greedy, otherwise it will be the fate of continuing to be trapped, after all, this set of has been continuously deduced in the past four or five years, as long as investors are still active in the market, this set of operation methods should have been deeply rooted in their ideas."

"So, in this kind of active investor, the vast majority of active investors are under a bear market mentality."

"It is simply unrealistic for the index to reverse quickly and rise sharply."

"Then what do you mean......" Li Meng paused and said, "Today's index, there is a high probability of opening high and going low, and there is no obvious market?" ”

Su Yu nodded and said, "This is inevitable." ”

Saying that, Su Yu looked at the disk again, and saw that the daily limit and sealing orders of the Shanghai Ganglian were increasing, and Hua Qingbao, Tianyu Information, Fenda Technology, and Internet Speed Technology ...... In many stocks, the gains are slowly falling, and the power of selling is clearly increasing over time.

Immediately afterwards, at 9:20, the two cities entered the real call auction link that could not be cancelled.

Shanghai Ganglian is still blocking the price limit, although the limit is slightly withdrawn, but it still remains above 8,000 hands, the strength is still strong, and Hua Qingbao at this time, the increase has fallen to about 4%, more than 2,000 sets of bidding orders, and the selling orders are still dominant.

At 9:21, the Shanghai Ganglian daily limit exceeded 10,000 hands, and Huaqingbao's rise shrank by 3.5%.

At 9:22, the number of stocks in the two cities as a whole changed to about 75%, Hua Qingbao's rise shrank to 3%, Tianyu Information, Fenda Technology, and Netspeed Technology ...... Waiting for the ticket, the increase has shrunk to less than 2%, which is significantly lower than before 9:20.

At 9:23, the number of stocks opened in the two cities was further reduced to about 68%, Hua Qingbao's rise was 3%, and the Shanghai Ganglian limit was attenuated to around 8,700 hands, and within one minute, more than 2,000 hands were added to sell.

At 9:24, the number of stocks opened in the two cities fell again to around 63%, and the Shanghai Ganglian daily limit continued to decay to 7,600 hands, and the daily limit sell orders rose to about 5,200 hands.

The last 30 seconds before the call auction ends.

The overall selling orders in the two cities have further increased, and the funds for taking profits have increased with the times.

In the end, when 9:25 came, the two cities set up the end of the auction, the number of high open stocks, has fallen back to the two cities as a whole of the stock around 58%, the Shanghai designated grid at 2017.47 points, only 0.23% higher, the GEM designated grid at 1012.76 points, 0.64% higher, still stronger than the Shanghai Index.

Among them, although the Shanghai Ganglian has closed the order, it has been sharply reduced to around 1,900 hands at the last moment, and the selling order of the daily limit has exceeded 10,000 hands, but it still maintains the form of opening a word board; Hua Qingbao finally opened 2.1% higher, and the stock price was fixed at 31.58 yuan, Tianyu Information opened 1.34% higher, Netspeed Technology opened 1.23% higher, and Fenda Technology opened 1.14% higher......

"This ...... This is considered lower than expected! ”

Seeing such an opening result, Li Meng was a little surprised, and said with emotion: "It seems that the Shanghai Index, today's intraday, has to test 2,000 points?" ”

Su Yu nodded and said, "Step on it firmly, it should be more stable." ”

"The funds in the market are too anxious." Li Meng looked at some popular stocks with strong amplitude and rebound more yesterday, and frowned, "It's really like you said, the market thinking has been trapped in the bear market thinking, and it can't be changed, even if the market sentiment is good, it is really too difficult to get out of the continuous big rise." ”

"Take your time!" Su Yu replied, "If you want the bear market thinking of the majority of investors in the market to change, it is necessary to create a continuous money-making effect, so that the majority of investors feel that short-term speculation is not as good as long-term holding stocks to make money, but ...... When the thinking of the majority of investors in the market begins to change, in fact, the bull market has gone through a big part. ”

"Hmm!" Li Meng responded.

Seeing that the time had passed 9:30, he stopped talking and focused on the rapidly changing disk of the two cities.

Although the fund's position building has been preliminarily completed.

But the intraday trading plan for the remaining 20% of the overall position has just begun.

With the start of the official transaction, Su Yu's eyes, after a short cruise, also quickly fell on the disk of the popular core stock Shanghai Ganglian.

I saw that this stock, the moment the official trading began, quickly exploded.

Several successive orders of 1,000 hands poured out, smashing the already small limit of the order, and when the word board form was broken, the stock price fell rapidly, and in one minute, it fell by nearly 4 points, reaching a rise of 6.43%, and the turnover exceeded 25 million, and the trading was extremely active.

Su Yu saw the Shanghai Ganglian broken board, and saw its stock price plummeting and continued to explode.

The whole person did not move at all.

Then, immediately after that, when the vast majority of investors in the entire market saw that the strong state of the market was far weaker than they expected, many investors who were still profitable began to sell.

And in this case.

The Shanghai Index, the Shenzhen Index, and the ChiNext Index have also fallen.

And when the time traveled to 9:42, the Shanghai Composite Index lasted more than ten minutes above 2,000 points, that is, it fell below 2,000 points again, causing the originally stable and high-pitched market investment sentiment to recede like a tide, and the plunge crisis reappeared!