"Tomorrow's market, I'm afraid it's over, right?"

In the countless discussions about the 'road to wealth', the pessimism among the retail investor group began to spread gradually.

"It's not finished, I don't know, but it is certain that tomorrow's market selling pressure is definitely greater than today's, first of all, the K-line form of the index, today's closing of this and K-line is extremely ugly, I am afraid that the market will inevitably adjust, and secondly, ...... 1.1 billion has been smashed on the Fortune Road list, which is basically a clearance and smashing out of the market, and the funds that will follow the Fortune Road seat smashing tomorrow will definitely not be less, so ...... Under the influence of the two, the market trend tomorrow will definitely not be good, but I think ...... There is no need to be too pessimistic, after all, the overall trend of the market is still upward. ”

"Judging from the past data of Fortune Road on the Dragon and Tiger list, every time Mr. Su makes a large-scale sale, it is basically the apex of the market, I think it is ...... At this time, pessimism is better than optimism, even if the trend of the index can continue, the main line of 'securities, venture capital', should be over, right? ”

"It was said before that the logic of the outbreak of the main line of 'securities and venture capital' is a bull market, and now the chips of the large-scale liquidation of this line by Fortune Lusu do not show the logic of the bull market, or is it untenable?"

"If the logic of the bull market does not hold water, then the basic logic of the market rise has changed!"

"I can't get over 2,500 points, and I'm still thinking about a bull market!"

"Fortune Road is a large-scale liquidation and sell-off in this position, which is bearish on the market, but ...... What is surprising is that Fortune Road is still not moving on the two core main lines of 'mobile Internet' and 'smart phone industry chain' in the direction of the GEM, is this that Fortune Road has been cleared on the two core main lines of 'mobile Internet' and 'smart phone industry chain', or has it been locked? ”

"Looking at the two main concepts of 'mobile Internet' and 'smart phone industry chain' in the past few trading days, there is almost no resistance to the decline, and there is almost no main capital to protect the disk, I think the wealth road is cleared, not locked."

"So...... Fortune Road's large-scale position on the list on October 17 is the last reminder? ”

"Hey, it's a pity, I said that if the wealth is out, I will come out, but I still have a bit of luck, and I lost so much money in vain, which is wrong...... This time it must not be done again. ”

"If Fortune Road is also cleared on the two main lines of 'mobile Internet' and 'smart phone industry chain', it is really a comprehensive bearish market follow-up, hey...... Unlucky, I chased up Orient Securities today, and I was thinking that if the wealth road out of the warehouse was not heavy, I would continue to take it tomorrow to see if I could reverse it, and now I ...... It can only be resolutely cut and stop loss. ”

"Indeed, as soon as the logic of the bull market collapses, then the market correction will follow...... It certainly won't be small. ”

"In addition to the logical problems of the bull market, will the market have any negative consequences in the next step if Fortune Road is so urgent?"

"This is also possible ......"

"Anyway, next, it's right to be conservative, after all, the positive guiding indicator of the market situation of Fortune Road seems to have not failed at present."

"Indeed, more than 1.1 billion sales can, this is the largest single-day selling volume since Fortune Road appeared on the Dragon and Tiger list, whether you believe it or not, the influence of this seat on the market, but such a large selling volume, this kind of main capital selling signal, how to pay attention to it."

"In addition to Fortune Road, Jiefang South Road is also on the list of two or three stocks to sell today."

"There is also Yanjing Minghua Road, which has followed the trend of Fortune Road several times before, and has also been on the list of two or three popular stocks to sell."

"Sell, sell, sell...... There is nothing to say, since the bull market has come to naught, what is the reason to continue to hold 'securities and venture capital'? ”

"I don't care about any bull market, not a bull market, anyway, I do stocks on a principle, see the wealth road to buy, then I will buy, see the wealth road sell, then I will sell, after all, with the current wealth of Lu Su's total capital volume, he wants to enter and exit the heavy position, and he will never escape the dragon and tiger list."

"Yes, yes...... It only needs to nail the seat of the road to wealth. ”

"At the same time, you can't leave anything to chance...... I just held the idea that the main position of Fortune Road was still there, and I held the chips all the way to the present, and lost nearly 20 points in vain. ”

After the announcement of the Dragon and Tiger list, with the passage of time......

The discussion about the violent exit of Fortune Road continues.

During this period of time, the inside news about the imminent resumption of market IPOs also began to expand and become known to more and more major institutional groups, as well as some well-informed core investors.

"Damn, I said how 'securities, venture capital' has become so strong recently, and I said why the main lines of popular concepts in the early stage of the small and medium-sized board and gem have been repeatedly abandoned by the main funds in the market, and the real core logic is actually here." At this moment, the magic capital, inside the Yinghui Fund, Liu Guanhai, who was angry when the data on the Dragon and Tiger List came out before, was even more angry at the moment, "This group of guys...... actually finished frying the expectations in advance, and I really didn't even give people a mouthful of soup to drink. ”

The low position is good, and the high position is good, which is negative!

After all, it is expected that after the speculation is completed in advance, the good will come out, which will be used to cash in profits and shipments.

From this point of view, Fortune Road's violent exit today is simply accurate to the extreme.

And at the same time......

Like him, there are not a few core traders and fund managers of major institutions who learned the news, but were full of complaints and depression in their hearts.

Of course, among them, there are also some people who, after careful analysis, maintain relative optimism.

After all, in the eyes of some people, it is not necessarily a bad thing that Fortune Road chose to violently liquidate and take profits before the news of the 'market IPO restart' officially spread to the periphery and to the vast number of investors in the entire market.

Because of the seat of Fortune Road, it is a double-edged sword for market speculation.

When buying on the Fortune Road, make good use of it, which can quickly stimulate the emotions of retail investors and intensify the speculation of the market; However, in the case of inopportune circumstances, large-scale positions will also seriously hit the market retail investors' sentiment to follow the trend, resulting in market speculation and a heavy blow.

Now, Fortune Road has cleared its positions on a large scale.

But in general, looking at the entire market, the expectation of the line of 'securities and venture capital' has not completely disappeared, and the dark line of 'market IPO restart' is slowly emerging.

If you make good use of this expected effect, not to mention the continuation of this main line market.

At least it can get out of a decent rebound and reduce the losses of being slammed and harvested by the Fortune Road.

In other words...... Fortune Road completed the first wave of market harvest before the news came out, but this line ...... There is a second wave of the market to harvest.

Of course, the premise of all this ......

It is they who feel that Fortune Road has not had too many chips in their hands to affect the next market trend under such a large-scale outing.

In this double fermentation of emotions and news.

In the evening, institutional analysts, financial media, stock commentators, and the relatively stable trend of the external market finally gave some hope to the relatively pessimistic market investors and appeased some of their hot mood that was suddenly smashed and cooled down.

So, the next day, Wednesday, October 24, at 9:15 a.m.

At the beginning of the call auction, the two markets did not show extreme panic and smashing sentiment, and many stocks that were smashed by Fortune Road yesterday did not completely lack liquidity and undertake orders, although they opened sharply lower.

"It's better than we expected!"

Seeing such a state of collective bidding between the two cities, at this moment of Yuhang Investment Company, in the trading room, Li Meng said with a smile: "There are a lot of funds to buy the bottom and gamble against the package, on the whole, 30% of the stock red plate, the investment sentiment is not as bad as we expected, it is estimated that the index will open low, it should not be very large." ”

"Of course, it's even more surprising......"

"It is the two main concept plates of 'securities and venture capital' that were killed and collapsed yesterday, and today at the beginning of the call auction, they only opened about 1.5 points lower."

"I learned from Director Lin that the current 'market IPO restart' has been formalized internally, and the resumption of the IPO review process by the Issuance Examination Committee should be next month, which is estimated at the earliest...... In December, or January next year, the first new stock after the IPO resumption will be listed. Su Yu continued, "The line of 'securities and venture capital' can still be stabilized, and there is no crash-style liquidity crisis, it should be the news of 'market IPO restart', which has spread from the inside to the periphery on a large scale, after all, in the A-share market, firm long-term investment funds have always been a very small minority, but under the banner of long-term value investment, the funds that are actually doing emotional speculation are the majority." ”

"Already decided?" Li Meng was a little surprised, and suddenly said, "No wonder ...... line of 'securities and venture capital' can be stabilized again." ”

Su Yu smiled and continued: "A-share is a policy market, but also a news market, layer by layer of policies, news transmission, the main funds with the advantage of information channels, with the help of news and emotions, under the banner of expectations, the drama of big fish eating small fish, small fish eating shrimp, has never changed, and there is nothing strange. ”

"You take a look at the core hot main lines in the early stage on the small and medium-sized board and the gem, as well as the popular concept stocks."

"The line of the small and medium-sized board and the gem, we didn't smash any chips yesterday, but ...... At this moment, the ST sector is still almost all down and abandoned, abandoned by all the main funds in the market, and the related hot concept stocks such as "restructuring backdoor", "smart phone industry chain", and "mobile Internet" are the same. ”

"At the moment, retail investors may find the market moving strangely."

"But under the spread of the news, the core and main funds from all walks of life who have already smelled it are clear in their hearts at the moment."

"According to the market pattern trend at the beginning of this call auction,......" Li Meng carefully sorted out the ideas in Su Yu's words and said, "Do you think the market will concentrate in the field of 'securities and venture capital'?" ”

Su Yu bowed slightly, and said: "The logic of the bull market and the expected ebb tide, but the dark line of 'market IPO restart' has just been revealed, and the line of 'securities and venture capital', although the expectations have changed, but in general, there are still expectations, but in the direction of the small and medium-sized board and the gem, under the influence of market expansion, it is all negative, and the news does not land. ”

"But ......"

Su Yu paused, and said: "After yesterday's wave of trends, the internal chip structure of the line of 'securities and venture capital' has been loosened, and many of the funds chasing high yesterday have been set at a high place. ”

"After all, there was such a large amount yesterday, and the time for the market to turn around was only one or two days, so it was thankless to pull it up and liberate the funds that were set up yesterday."

"So, I guess there's a decent brief rally in the market at best."

"Then, I'm afraid it's going to continue to fall."

"Because of the resumption of the market IPO, in essence, it is to draw blood from the market funds, which is the negative news of the entire market, and now that the time point is at the end of the year, many main funds have the need for net value liquidation, and the interest in taking the initiative to lay out and continue to participate in the market is not high."

"This has caused active funds in the market, which will decline further, and the overall market capital can be missing."

"Hmm!" Li Meng responded, "We...... Or follow the established strategy and continue to reduce positions, right? In fact...... Originally, I was still worried that after we appeared on the Dragon and Tiger list on a large scale, it would have too much impact on the market, and the liquidity of related tickets would be greatly reduced, so it would be difficult for us to continue to reduce our positions, but now we will see ...... It's that I think too much, and under the expectation of the news of the resumption of the market IPO, there are a lot of funds that want to lick the blood. ”

Su Yu said with a smile: "That is, after all, everyone thinks that they are smart people, and they all think that they can get away with their whole body after reaping profits." ”

"It's a pity......"

Su Yu shook his head and continued: "The twenty-eight law of the market is valid at all times. ”

While the two were talking, the time had come to 9:20.

I saw that after the initial call auction period, after many false pending orders were completely withdrawn, the market showed a phenomenon that was very different from before.

All industries and conceptual sectors in the two cities are showing a low opening trend.

Of the nearly 2,000 stocks, only about 21% of the stocks are still in the red.

The 'securities, venture capital' concept sector, which had a slightly stronger performance before, also fell to about 2.5% despite the fact that the market was still slightly stronger.

Among them, the popular stocks Oriental Securities opened 4.51% lower, Huatong Securities opened 3.72% lower, CEFC Securities opened 2.36% lower, Huaxin Securities opened 6.75% lower, Oriental Venture opened 4.79% lower, Zhezhou Oriental opened 2.88% lower, Shibei High-tech opened 4.62%, and 10,000 enterprises directly fell to the limit, from yesterday's high, killed more than 30% of the decline in one go.

As for the small and medium-sized board, the gem-related hot concept plates, and their popular stocks, which basically have no main funds to undertake.

Its low opening range is more than 3%.

In particular, Hua Qingbao, Changqu Technology, LeTV, Internet Speed Technology, Fenda Technology, Xinwei Group, Xinwei Communication, etc., were hyped in the early stage, and the concept stocks that were at a high level were opened at a low level of more than 5% at the moment, compared with the intraday high set in the previous week, the average retracement range has reached about 28%.

Of course, even more tragic are the related shell stocks and ST sectors that are on the verge of delisting.

The core concept stocks related to these two areas have already occupied the top positions in the decline list of the two cities before the official opening of trading.

But......

Although the industries and concept sectors of the two cities opened seriously low.

However, at 9:20 and 9:21, after two minutes of emotional catharsis, the panic effect of the market and the number of extreme selling did not continue to expand, but the bottom-buying funds at the low level began to slowly suppress the selling, and the stock price, sector index, and concept index were pulled back one after another.

Finally, when the time reached 9:25, the call auction between the two cities ended.

The Shanghai Composite Index opened only 1.23 points lower at 2351.11 points, holding the 2350 mark...... It was relatively weak, opening 1.73% lower, breaking through the 1300 point and falling back to the 1293.85 level.

In addition to indices, sectors and individual stocks.

The industry sector and the concept sector of the two cities are still showing a trend of opening low across the board.

Among them, the securities sector opened 1.16% lower, the venture capital concept sector opened 1.43% lower, the 'mobile game' concept sector opened 2.33% lower, the 'Apple concept' opened 1.75% lower, the 'film and television media' concept opened 2.36% lower, the ST sector fell 2.89%, and the 'restructuring backdoor' related concept sector also fell 2.11%.

As for the popular concept stocks ranked in the two cities......

Orient Securities fell to 3.22%, Huatong Securities fell to 2.56%, Oriental Venture fell to 3.17%, and 10,000 enterprises opened the fall limit, and the decline shrank to 6.85%; Hua Qingbao, Changqu Technology, LeTV, Netspeed Technology...... and other GEM stocks, compared with before, remained sideways and volatile, and the decline did not change much.

"Yesterday's Fortune Road rapidly smashed stocks, from the perspective of the trend of the entire set auction stage, all of them are shrinking down, and there are a lot of funds to undertake, but Fortune Road did not smash some of the early small and medium-sized boards, gem popular stocks yesterday, it is really strange, there is no trace of the main capital to take over and buy the bottom." Seeing such an opening scene in the two cities, Gu Chijiang, who still hadn't learned anything about the restart of the IPO in the market, was simply confused and wondered, "When did Fortune Road smash the market and turn it into a good market?" ”

"Today's collective bidding trend in the two cities is really strange." Next to Gu Chijiang, fund manager Lin Tingzong frowned, and also said, "The gem and the small and medium-sized board are too weak, but these two index sectors, as well as their related core concept stocks...... Yesterday was obviously adjusted more fully, there is no reason why there is no main capital to do the market? ”

"Is it ......?"

Lin Tingzong paused, thought of a possibility, and turned his head to look at Gu Chijiang: "Mr. Gu, have you heard any obvious negative and good news in the market?" Yesterday, Fortune Road smashed out of the position, I think it is strange, today's market trend is even more strange, look at this situation...... I feel like there's some important news coming to me? ”

"I haven't heard of it!" Gu Chijiang subconsciously replied, then thought about it, and said, "Maybe my news is blocked, I'll let people inquire and inquire again." ”

After speaking, he took out the phone and dialed it.

Then, after about a minute or two, he hung up the phone in some shock.

Lin Tingzong sensed that Gu Chijiang's face was not quite right, and asked anxiously, "What's wrong?" There is indeed a situation! ”

"I heard that the market IPO is going to restart." Lin Tingzong said, "The news from within Huaxin Securities should not be wrong. ”

"No wonder!" Lin Tingzong stared at the plate of the short pause, and all the doubts in his heart were solved, "No wonder under the collapse of the whole line yesterday, only the field of 'securities and venture capital' can be stabilized, and it is no wonder that the small and medium-sized board and the gem, which are only expected, but a large number of concept stocks with high valuations will be completely abandoned by funds and fall endlessly." ”

"Since this news is expected, what is the strength of the 'Fortune Road'?" After Gu Chijiang heard the news, he was even more puzzled in his heart, "Could it be that this Mr. Su of Fortune Road is still lagging behind our news channels, and he doesn't know the news that the market IPO is going to restart, so ...... Out early? ”

"Possibly!" Lin Tingzong said, "The Su president of Fortune Road, although the speculation ability of the market is extremely fierce, but after all, he is a new player in the market, and it is impossible to lay market intelligence and news channels, and it is entirely possible that the news lags behind." ”

Gu Chijiang thought about it again, felt that only this logic could be explained, and said: "Looking at it this way...... 'securities and venture capital' is afraid that there will be a second wave of the market!" ”

"It's hard to say." Lin Tingzong replied, "Under the continuous fermentation and divergence of the news of the resumption of IPOs in the market, there will indeed be hedging funds, and active funds will converge in the field of 'securities and venture capital', the beneficiary sector of the IPO restart, but this news, on the whole, is still a big negative for the macro investment level of the market, and the field of securities and venture capital is not a small main line, if you want to produce a second wave of market, you need a huge amount of incremental funds to promote, I am afraid that the market will not have so many incremental funds to promote the market under the negative influence of the macro level." ”

"But ......"

"The second wave of the market, although not necessarily, but to stabilize the current situation, the concept should still be very big."

"Market IPO restart?" While the two were talking, Mu Yao appeared behind him at some point, "No wonder, no wonder...... Now there is salvation! ”

After saying that, he couldn't wait to leave the fund trading room and return to the computer he operated.

Gu Chijiang glanced at Mu Yao, who was obviously a little abnormal, and wanted to scold him, but when the words came to his lips, he found that the figure was gone, so he endured it.

And the other side......

Mu Yao, who had already heard the news, looked at the market that had begun to beat.

All the funds that he had just borrowed in his hand were smashed into the disk of Huatong Securities again, looking forward to today's securities sector, under the fermentation of the news of the resumption of the IPO in the market, to reverse yesterday's trend, so that he could turn around and make up for the losses in the past few days.

And just as he expected......

After he threw money into it, this time, the market began to change exactly as he expected.

I saw that the 'securities, venture capital' sector, after the official opening, continued to be driven by various bottom-buying funds, all the way up rapidly, at the same time...... The Shanghai Composite Index, the Shenzhen Index, and the ChiNext Index have also gotten rid of the shadow of panic during the call auction to varying degrees, and gradually fluctuated upwards to make up for today's low-opening gap.

At 9:35, Oriental Securities, Huatong Securities, and Zhezhou Oriental turned red.

At 9:41, ten minutes after the opening, the Shanghai Composite Index fell back to less than 0.5%, making up for the gap, and is still slowly rebounding upward.

At 9:52, Orient Securities and Huatong Securities rose by more than 1%, of which the turnover of Huatong Securities exceeded 600 million.

At 9:58, the Shanghai Composite Index turned red, and the securities sector and venture capital concept sector also rose red.

At 10:06, even the GEM index retreated to less than 1%, making up for the gap at the opening.

At 10:16, unexpectedly, the potential Hengxin who walked out of the sky floor yesterday, in the case that the Fusheng Road is still locked up, this morning in the fall limit of the strong attack, actually at this moment out of the earth and sky board trend, forming an 11-day 10-board trend, continue to open up the market speculation space.

Subsequently, in the potential Hengxin walked out of the 11-day 10-board anti-sky trend.

The investment sentiment of the entire market began to pick up significantly, and everyone's expectations for the market backbag began to breed wildly from the heart, and then soared.

At 10:21, the original trend was smooth sailing, and the increase had reached 3%, suddenly ushered in a dive again, and broke out a series of 10,000 large orders directly smashed.

At 10:22, due to the "Oriental Three Musketeers" leader Zhezhou Oriental, suffered a continuous large single smash of tens of millions of funds, and the trend turned from red to green, which directly affected the trend of Oriental Entrepreneurship and Oriental Securities, resulting in these two stocks also suffered a strong sell-off, and the trend began to turn downward.

At 10:23, the 'Oriental Three Musketeers' turned around, causing the sentiment of the 'securities and venture capital' field to warm up and begin to ebb rapidly, and the related sector indices and core stocks also ushered in a rise and fall. ”

"Unexpectedly, this rebound trend was actually brought down by Zhezhou East." Seeing that the market has been like a frightened bird, the warming investment sentiment began to dissipate, Yuhang Investment, Li Meng was slightly surprised and said, "Just smashed this capital in the east of Zhejiang...... What is the purpose? ”

Su Yu looked at the plate of Zhezhou Oriental, pondered for a while, and replied: "The time point for good cash is approaching, and Mr. Wu of Zhezhou Oriental Group is afraid that he is going to make a plan to reduce his holdings, so the funds that know the news must be withdrawn in advance, and will not wait for the moment when the market really ends." ”

"Hey...... I thought it was ...... after the emotional catharsis this morning"

"Under the gradual fermentation of the news of the resumption of IPOs in the market, the market will have a short-term strong rebound, driven by these main funds that lick the blood."

"Look now...... The market has become a frightened bird. ”

"The popular faucet of Zhejiang Dongfang, which has been built, has collapsed, and the strong rebound is afraid that it will not be settled."

"So......" Su Yu paused, and continued to instruct Li Meng, "Continue to reduce, don't hesitate, the market will not have a higher height today." ”

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