Chapter 284: Greed and Fear in the Market!
I saw the stagnant disc and flickered quickly.
Immediately afterwards, the entire market was surrounded by a piece of green, nearly 2,000 stocks, only a few less than 100 red plates, the rest all showed a low opening state, and all the industries and concept plates in the two cities, none of which were red, all maintained a low opening trend of more than 1%.
In particular, the small and medium-sized board and the ChiNext board have a high proportion of related concept plates.
For example, the 'ST plate', 'mobile game', 'Apple concept', 'Internet finance', 'film and television media' and other major concept sectors in the main concept of 'restructuring and backdoor', 'smart phone industry chain', and 'mobile Internet', all of which have an initial low opening range of more than 5%.
Related Core Concept Stocks......
Such as 'Hua Qingbao, LeTV, Changqu Technology, Huake Jincai, Shanghai Ganglian, Huayi Brothers, Anjie Technology, Flush, Oriental Fortune' and other votes, at this moment have all been pressed to death on the fall limit, and on the disk, the number of orders is large, and there are very few funds that take the initiative to copy the bottom and take over.
", this opening scene is really a trend of direct collapse!"
Seeing such a collective bidding situation in the two cities, inside the magic capital, Zexi Investment, and in the trading room, Zhou Kan was extremely shocked in his heart, and was stunned for a few seconds before he reacted: "There are nearly 300 constituent stocks on the entire GEM, and those that are more than 5% lower than those accounted for nearly 100, this battle ...... It's really a complete collapse situation, and I feel that all retail investor groups in the market are selling at the moment. ”
"Confidence collapsed, and people naturally began to vote with their feet." Next to Zhou Kan, Xu Shen looked at such a market situation, and he also had a lot of emotion in his heart, remembering the previous wave of continuous plummeting in the index at the end of June because of the shortage of money in the market, sighed lightly, and said, "However, under this kind of collapse mood, the index has no resistance to the plunge, and it is easy to clean up the meat cutting plate chasing high in the field. ”
He thinks that although the plate at this time, it looks scary.
But in fact, whether it is the Shanghai Index, or the Shenzhen Index, the Growth Enterprise Market Index, has been continuously adjusted for almost a week, for the market IPO restart of this major negative news, has long reacted, plus the current stage, the Shanghai Index, the Shenzhen Index, the ChiNext Index is not high, the depth of adjustment, should be very limited.
According to his prediction, he believes that the Shanghai Composite Index will fall back to the range of 2,100 to 2,200 points at most, and the ChiNext Index will fall back to about 1,100 points at most, which is about the same.
In short, he believes that several major indices, where they are currently located, are in the bottom range.
And in this round of market, the market volume is limited, and the accumulated profit disks and new hedging disks are not heavy in the case of a week of significant digestion in the front, and in the case of continuous plummeting, large-scale bottom-buying funds can withstand this part of the panic selling chips.
Xu always said...... The market won't fall too deep here, and there is a chance for the market to recover? Zhou Kanwei said with surprise, "But it looks ...... It's kind of scary! ”
Xu Xiangwei smiled and said: "The financial trading market is an emotional amplifier, fear and greed are always between the peaks and troughs of the market, back and forth, IPO restart, for the current market, it is indeed a substantial major negative, and it will indeed cause a serious blood-sucking effect to the current market, resulting in insufficient incremental funds." ”
"But the overall valuation of the market, as well as the index point, is at a relatively low level."
"In addition, the negative has been digested for several days, and many of the main funds have been withdrawn in advance, so everyone thinks at this moment...... It shouldn't be fear, but when to enter the market. ”
"After all, after the negative lands, it is no longer negative."
"Moreover, this news, although it has an impact on the incremental funds in the market, has not changed the original market industry expectations and the future performance of stocks in the boom industry cycle, and at most it will only suppress their short-term valuation."
"In other words, the core logic of the market has not changed."
"It's just that in the past few months, the related concept stocks of the GEM have risen a lot, and now the bearish is coming, and everyone is taking advantage of the situation to adjust."
"If these popular stocks in the early stage of the gem and small and medium-sized board, which have strong expectations for the future, have the ability to continue to explode, and the fundamentals can continue to improve significantly, can fall to a suitable price in this wave of bearishness, then these votes ...... It still has good investment and speculative value. ”
"I dare to assert ......"
"After this wave of GEM falls, in the future, 'mobile Internet' and 'smart phones' are destined to explode in the background, these core hot stocks on the GEM will also be pursued by various main funds, and will be ...... in the future A new all-time high. ”
"So, the plunge itself is not worth paying attention to."
"The opportunity after the market crash is what we should pay attention to and focus on."
"The resumption of IPOs in the market has hit the short-term investment sentiment of the market, but it is not the macro fundamental trend of the market...... In trading, we still have to look at the essence of the problem, if we blindly stare at the index and emotions, then ...... After all, I will be led by market sentiment. ”
"Got it!" Zhou Kan bowed slightly, "What I saw was panic, but what Mr. Xu saw was ...... But it's an opportunity. ”
In essence, he also believes that the market will not fall very deeply, after all, the resumption of the market IPO, for the market, although there is some surprise, but it is not completely beyond expectations, from the perspective of the impact of future expectations on the market and the impact of macro fundamentals, far less than the crisis of the market shortage at the end of June.
In the last crisis, the market came out easily, and there is no reason why it will not work this time.
However, although he believes that the market will not fall deeply, he is not as optimistic about the follow-up market understanding.
While the two were talking, the time had passed 9:20......
After the call auction shock from 9:15 to 9:20, as well as the large-scale cancellation of false pending orders, the market performance at this moment is not as pessimistic as the call auction at the beginning.
I saw nearly 300 constituent stocks on the GEM, down more than 5%, has shrunk to 78, the stocks that fell to the limit, also from 29 at the beginning of the 9:15 session, reduced to 21, the proportion of the GEM constituent stocks is higher, such as 'mobile games', 'Internet finance', 'film and television media' and other core popular concepts, this moment of decline compared to 9:15, has also shrunk, many stocks on the disk, there has been a significant influx of bottom-buying funds.
In the direction of the small and medium-sized board, the performance is similar to that of the gem.
It's just that the concept of 'restructuring backdoor' related plates, as well as many shell stocks and ST stocks, are still extremely weak, and the number of stocks in a single ST sector has reached 16, and in terms of shell stocks that have been hyped before, there are as many as 8 stocks that have fallen to the limit.
In the direction of the main board, compared with the GEM and the small and medium-sized board, the performance is much better.
Its related constituent equity heavy industry and concept plate, although it is also a sharply low opening state, but the panic effect is not serious, especially the banking sector and the petrochemical sector, which are only 0.23% lower at the moment, and its core stocks, Huashang Bank, Huanong Bank, Huajian Bank, Huaguo Petroleum, Huaguo Petrochemical and other trillion-level market core weight stocks, are still in the red.
As for the previous hype by the market in advance......
As the beneficiary sector of the IPO resumption of the market, the field of 'securities and venture capital'.
At this moment, although the low opening range is not large compared with the weight of the gem and the small and medium-sized board, the panic sell-off on the disk of the relevant core concept stocks in the plate is still endless, and it does not show the strength of the IPO restart beneficiary sector.
"It is surprising that the two major IPO restart beneficiary sectors of 'securities and venture capital' have no performance at all." In Shenzhen, inside Xinniu Fund Company, in the trading room, Liu Xin, the general manager, stared at the market trend on the big screen in the trading room and said with emotion, "This market trend ...... Seriously below expectations! ”
"It's not surprising." Next to Liu Xin, fund manager Fang Xinsheng said, "'Securities, venture capital', the two major IPO restart of the beneficiary sector by the market in advance of the hype, overdraft expectations, the field chips have been completely loose, scattered, now the market card has appeared, for these two major sectors, but there is no potential expectations, the main funds will naturally not enter the speculation, to help liberate the early days of the retail chips that were set in." ”
"However, in the direction of the gem and the small and medium-sized board, many conceptual plates with future expectations ......"
"At this moment, there are signs of overreaction and complete fall."
"I guess...... If the main funds are to be plated next, this breakthrough direction can never be on the surface, benefiting from the IPO restart of the 'securities, venture capital' concept of the plate, but since mid-October, it has continued to fall sharply, and at this moment it has suffered a serious negative blow, has been completely abandoned by the market, bearish small and medium-sized board, gem early hot concept plates, such as 'mobile Internet', 'smart phone industry chain' two main lines, there should still be opportunities. ”
"The bears have just landed, I'm afraid it's a bit early, right?" Liu Xin said, "I feel that the capital hedging, or will go to the financial direction, today look at the opening situation ...... the 'securities, venture capital' field, although because of the expected overdraft, early speculation and other factors, the performance is relatively weak, but the banking sector, is still very strong, at the moment actually led the rise of the two city industry sectors, and ...... The stocks of the four major banks are all in the red. ”
Fang Xinsheng smiled and said, "Mr. Liu might as well take a look at the two barrels of oil, and pull them more violently!" ”
Hearing Fang Xinsheng's words, Liu Xin turned his attention to the disk of Huaguo Petroleum and Huaguo Petrochemical, and sure enough, these two checks were pushed up by a large number of bottom-buying funds, not only red, but also rose from 9:20, about 0.1%, to around 0.3%.
"It's ...... The core workhorse of the market, protecting the index? ”
There was no need for Fang Xinsheng to continue to explain, he had already understood.
Fang Xinsheng nodded with a smile: "This method of covering your ears and stealing the bell, although it is stupid, but when it should be used, you still have to use it, the four major banks add two barrels of oil, maybe the call auction is over, and the Shanghai Index can still be red, but ...... Even if it is a red plate, the market sentiment is hopeless today. ”
"Specific market trends, as well as market sentiment indicators ......"
"We still have to look at the performance of the small and medium-sized board and the gem."
"Only when these two indices, which symbolize the vast number of small- and mid-cap stocks in the market, are stabilized, can the market be truly stabilized."
"Only when the majority of small- and medium-cap stocks in the market stabilize and get out of the continuous money-making effect, will the market have a real chance of recovery."
"That's why I said ......"
"The turning point of the market situation, the direction that the main funds are willing to attack, must be the small and medium-sized board, the gem, not the main board finance, and other big guys."
"This is the ...... It's as familiar as ever! In Fang Xinsheng's analysis, after understanding the capital component of the weight of the bank, Liu Xin sighed helplessly, "It's really more important to have face than the inside, so ...... I'm afraid that the Shanghai Composite Index will not be able to fall. ”
"Indeed!" Fang Xinsheng said, "Once it can't be penetrated, the time for adjustment will be forced to lengthen." ”
"But ......"
Fang Xinsheng paused, and said: "The Shanghai index related to the weight of the industry sector, almost all of them are traditional industries, the current macroeconomy, real estate is suppressed, the traditional industry has no good expectations, even if the 'national team' main force, do not do this kind of action to cover the ears and steal the bell, the shock adjustment of the Shanghai index, will not end in the short term, from last year to this year, the core main line of the entire market, has always been the small and medium-sized board, gem. ”
"I believe in the direction of this market breakout triggered by the macroeconomic situation......"
"The blood-sucking effect of a market IPO restart alone cannot be beaten, and the follow-up ...... The small and medium-sized board and the gem will inevitably pick up after the adjustment. ”
"But after the collapse of market confidence, it is not easy to rebuild." Liu Xin generally agrees with Fang Xinsheng's more optimistic analysis, but he thinks that even if the market falls through in the short term, if you want to reverse, the adjustment time will not be short, "Market adjustment, space and time are indispensable!" ”
Fang Xinsheng bowed slightly, and said: "Mr. Liu is right, market adjustment is indeed indispensable in space and time, but the local market does not need a comprehensive recovery of confidence, it can be generated, in fact...... The recovery of emotions and the re-establishment of confidence are also based on the continuous money-making effect. ”
"For a wide range of investors in the market......"
"As long as there is a continuous money-making effect, they will participate without hesitation."
"The development of market conditions usually always spreads from local markets to comprehensive markets."
"For the size of our fund, as long as the market has a local money-making market to participate in, it is enough, really wait until the market sentiment recovers, confidence fully warms up, in fact, it is already the right side of the market area."
"Okay!" Liu Xin smiled and said, "Just according to what you said...... When it's time to make a move, we will make a move, and we have missed the hype of 'securities and venture capital', but it is entirely possible for us to seize the opportunity for the follow-up opportunity. ”
"Naturally!" Fang Xinsheng said confidently.
He admires the road of wealth, but he doesn't believe that the other party can pinch the main line of the market every time, take the lead in the market every time, and get the most lucrative profit in the outbreak of the main line market.
As the two discussed, this moment ......
The time has passed 9:25, and the call auction between the two cities has ended.
I saw that the Shanghai Composite Index was finally fixed at 2296.36 points, down 0.32%, the ChiNext Index was fixed at 1201.74 points, down 2.48%, the Shenzhen Composite Index fell by 1.52%, and the small and medium-sized board index fell by 2.33%.
In addition to indices......
In terms of sectors and individual stocks, the core concept plates of the relevant weights of the small and medium-sized board and the gem led the decline across the board, and the banking and petrochemical sectors were slightly red, leading the two cities, of which ...... Related core stocks, Huaqingbao, Changqu Technology, Huake Jincai, Shanghai Ganglian, Xinwei Communication, etc. are still closed to the fall limit, LeTV, Netspeed Technology, Huayi Brothers, Fenda Technology and other votes opened the fall limit in the collection bidding, ranging from 5% to 8% lower.
The main board direction, as well as the core stocks in the direction of the concept of "securities and venture capital", Huashang Bank, Huanong Bank, Huaguo Bank, and Huajian Bank opened slightly higher in the red market, Huaguo Petroleum and Huaguo Chemical opened higher at 0.45% and 0.56% respectively, and Huaxin Securities, Huatong Securities, Huashang Securities and other securities weighted stocks opened within 1% low, and the rest of the popular brokerage stocks in the early stage opened at a low of more than 1%, and the entire securities sector index fell 1.23% to open.
In the direction of 'venture capital' concept stocks, Zhezhou Oriental opened 7.26% lower, Oriental Venture opened 4.73% lower, and a number of stocks such as Shibei High-tech, Zhangjiang Hi-Tech, and Zijiang Enterprises opened at a low opening of more than 2%.
"What kind of trouble is this, why is the Shanghai Index, the small and medium-sized board index, and the GEM index so split."
Seeing such an opening situation, Yu Hang, Yu Hang Investment Company, in the trading room, Li Meng was very surprised: "Even if the market IPO restarts, the valuation suppression and blood pumping effect of the market will mainly affect most of the concept stocks of the small and medium-sized board and the gem, but the gap between the Shanghai index and the gem index is too big." ”
"Look at the rise of the banking and petrochemical sector indexes, as well as the stock price performance of the so-called 'core assets' such as 'Huashang Bank, Huaguo Bank, Huanong Bank, Huajian Bank, Huaguo Petroleum, Huaguo Petrochemical, and Huaguo Construction', and you will feel normal." On Li Meng's side, Su Yu, who was sitting in front of the computer, smiled and said, "Not to mention the 2% drop gap, even if the drop is 5%, it is not impossible under the problem of 'face'." ”
"But the 'national team funds' are so pulling, except for making the index look better, it can't play any role!" Li Meng said, "According to the opening trend of the gem and the small and medium-sized board, the sentiment in the market has collapsed, and there is no significant hot spot that can drive market sentiment. ”
Su Yu said with a smile: "Just make the index look better, the prosperity on the surface is also prosperity, isn't it?" ”
"But ......"
Su Yu paused, and said: "In addition to the index performance, it is still a little surprising that the two main lines of 'mobile Internet' and 'smartphone industry chain' have opened so low today, especially Hua Qingbao, Changqu Technology, and Shanghai Ganglian...... This batch of stocks actually fell to the limit. ”
"Counting this falling limit, these tickets have retraced from historical highs, generally more than 35%!"
"Among them, there are several of them, which have reached a distance of almost halving."
"This decline has been seriously overtaken in the short term."
Li Meng nodded and responded: "Indeed, compared to the stock price when we came out, it generally fell by about 35%, and the market sentiment is ...... It's really amazing, when the fundamentals of individual stocks are still getting better, the stock price can be so big because of the changes in pure emotions at both ends. ”
"Hype, from another point of view, is essentially the induction of emotions." Su Yu said, "The two main lines of 'mobile Internet' and 'smart phone industry chain' are so panicked and plummeting, and when this wave of emotions is vented, it will really be the stage of layout hype." ”
Originally, he thought ......
After a series of declines in the previous week, the market should not have performed so drastically today, after all, the bearish has already reacted before.
However, look at the moment...... He still underestimated the ability of the market to kill the market under extreme emotions, as well as the ability of many retail investors to panic sell.
Of course, one step is good for him.
The market's reaction is equivalent to speeding up the time for him to return to the two core concepts of 'mobile Internet' and 'smartphone industry chain', and it will also intensify the market's trend amplitude in the future.
"Didn't you say before that the Shanghai Index and the ChiNext Index would fall back to the early shock platform before making a layout?" Li Meng said, "It seems that there is still a little bit of a distance now. ”
Su Yu said: "With the participation of the main capital of the 'national team', the Shanghai Index has been distorted, so the main core indicators have to focus on the small and medium-sized board and the gem, and the current ...... The GEM index is indeed a lot of distance from the 1100-point platform, but under the differentiation of individual stocks, in fact, many votes have fallen below the position of the GEM index at 1100 points, but ...... If we want to turn our positions around, we still have to wait for the market to vent the current panic almost to the end. ”
"Let's see how the market is moving today, and the overall emotional reaction!"
"The plan is dead, but the market and people are alive, and in the actual changes in the market, it is normal to adjust the plan in detail."
"Okay!" Li Meng nodded, didn't ask more, and continued to turn his gaze back to the plate.
At this time, the time had passed 9:30, and the two cities ushered in the official bidding transaction.
At 9:31, in the banking and petrochemical sectors, the weight of the so-called 'core assets', under the protection of the 'national team' funds, also understood the market situation, and understood that this field will be chased by various funds in the field of market hedging today, and the increase has further expanded.
At 9:35, Huashang Bank, Huaguo Bank, Huanong Bank, Huajian Bank, Huaguo Petroleum, Huaguo Chemical and other trillion-dollar market value of the Shanghai Index weighted stocks, rose by more than 1%, and the Shanghai Index also rose by 0.62% at this moment, at the same time...... The Shenzhen Index, the Small and Medium-sized Board Index, and the ChiNext Index continued to decline, and the panic selling, as well as panic selling, all continued to increase.
At 9:42, the Shanghai Composite Index remained at 0.5% to 0.6% shock, the ChiNext Index and the small and medium-sized board index fell to 3%, more than 50 stocks in the two cities fell to the limit, and nearly 2,000 stocks in the two cities, more than 90% of the stocks, are falling, the 19 effect is extremely obvious.
At 9:52, the ChiNext index and the small and medium-sized board index fell to 3.5%, and the number of stocks in the two cities expanded to 67, however, ...... At this time, the banking sector index has expanded.
At 10:02, the Shanghai Composite Index rose to 0.23%, maintaining a slight red plate, the ChiNext index fell to 4%, nearly 300 constituent stocks belonging to the ChiNext Board, half of the stocks fell by more than 5%, of which more than 30 stocks fell to the limit, and the panic is still expanding, and the disk continues to weaken.
At 10:22, the Shanghai Composite Index fell back to the point at the opening, falling slightly, and the GEM index fell to nearly 4.5%, approaching 1180 points, of which the GEM refers to the core weight stocks, Internet Speed Technology, LeTV, and Oriental Fortune have fallen more than 7%, towards the fall limit.
At 10:36, the number of stocks in the two cities exceeded 100, but ...... The Shanghai Composite Index has turned red again.
At this time, countless investors on and off the market are desperate and angry about this strange trend in the market.
", what the hell is the trend, the GEM index has fallen by almost 5%, and the Shanghai index is still in the red."
"Damn...... It's really a shame! ”
"What's the point? What's the point? 92% of the stocks in the entire market are falling, even if the banks and two barrels of oil are pulled to the price limit, can they save the collapsed market? ”
"Cover your ears and steal the bell, nothing more than this!"
"I used to say that the main institutions that speculated on 'securities and venture capital' in advance were ugly, but now I take back my previous words, so ...... The controlling bank, the two barrels of oil Huajin, Huijin, and many core main funds with state-owned backgrounds are really disgusting, how many years have passed, and it is still this routine. ”
"The situation is very good, you can't lose face, understand, understand!"
"Don't look at it, it is estimated that the GEM index will fall to the limit, and the Shanghai index will still be red."
"This market, it's really hopeless, it's sold, it's sold, it's cleared...... I'm so tired! ”
"Damn, all the stocks in my hand have fallen to the limit, I can't sell them if I want to, and then look at the banking sector, look at the two barrels of oil, it's really angry."
"Guys, vote with your feet, I'm clearance anyway."
"I'm angry, it's uncomfortable to look at this plate, before the bank and the two barrels of oil performed like a dog all year round, and they could never outperform the market, at this moment...... Manifest a clean blindness, hey...... It's really blind to the eyes of the whole market! ”
"The more banks and two barrels of oil are pulled, the faster the market will collapse!"
"Yes, the Shanghai Index red plate is completely covering the main force in the field to fight for the last market liquidity, with bad intentions!"
"It's all down, how good is it to fall all at once and fall through?"
"On today's special day, the market has really stopped, how can people be able to hold on to their faces? After all, the red plate of the Shanghai Index can mean that the majority of investors in the market welcome the resumption of IPOs. ”
"It's no wonder that the main forces of all walks of life in the market never touch these core weights, which is simply a blatant manipulation of stock prices."
"Say what? How can this be called manipulating stock prices, it is obviously to adjust the market from the macro, of course...... Our leeks have always been the objects of regulation. ”
"It's good, the A-share market has always been a spectacle maker, so it's no wonder."
"If you can sell it, sell it quickly, look at the situation...... In the afternoon, the index must have gone straight to the downside, of course...... I'm talking about the GEM and the Shanghai Index...... The limit may not be limited. ”
"It is still possible for banks to rise and limit for gems to fall."
"The market value of the entire GEM is not half the size of the banking sector, and the bank pulls the limit, and even if the GEM index falls to the limit, the Shanghai Index can still be red."
"When I see my holdings of stocks, all of them fall to the limit, and then look at the Shanghai Composite Index...... I can't cry if I want to! ”
"Pulling the bank, it can be said that it has something to do with the resumption of the IPO, pulling two barrels of oil, pulling the petrochemical sector, it is really too much!"
"It would be nice if I could pull up the potential balance!"
"It's useless! Bearish direct blow, coupled with such a strange polarization trend, everyone's confidence in the position, has completely collapsed, at this moment unless tens of billions of funds, the small and medium-sized board, the gem popular concept stocks that are pressed to the limit of the board are all pulled to the price limit, otherwise it will not be able to drive the market sentiment. ”
"Yes, for five or six consecutive trading days, all the funds that bought the bottom have been buried, and the deeper they are buried, this time...... Who dares to catch a flying knife? ”
"Hey, it's still a bear market suitable for A-shares, as for a bull market...... I guess it's a lifetime! ”
In the extreme complaining mood, under the complete collapse of investment confidence, the market is still continuing to deduce to an extreme tearing pattern.
At 11:06, the GEM index hit a 5% decline again in intraday trading after June 25, and at this time...... The Shanghai Composite Index is still in the red.
At 11:12, after hitting a 5% decline, the ChiNext index briefly ushered in support and fell into shocks, while the Shanghai Composite Index ...... As if standing still at the 0.2% to 0.3% rise position, as if the market was suspended, of course, in the Shanghai Index to maintain a stable and volatile situation, the banking sector index is a new high, to 2% of the rise, especially the four major bank stocks, have risen more than 2.5%.
At 11:25, close to noon, the market fell into a significant shrinkage stage, with a total of 125 stocks in the two cities falling to the limit, and the number of individual stocks in the red plate was almost this number.
At 11:30, the two cities ushered in the noon close.
In the end, the Shanghai index was fixed at a 0.11% increase and still stuck to the 2300 point line, while the GEM index was fixed at a 5.02% decline, and the index point fell all the way to the 1170 point line after breaking through the 1200 mark.
After the midday close......
In the face of extreme tearing and plunging market conditions.
All investors are extremely pessimistic, believing that the stock market crash has already occurred and that this wave is ...... The Shanghai Composite Index will test the support of the 1,000-point mark again, and the ChiNext Index will test the support of the 1,000-point mark.
Affected by extremely pessimistic market sentiment.
Many of the main funds that originally planned to buy the bottom, as well as large investors and retail investors with short and light positions, also became hesitant at the moment and gave up their plans to intervene in the market at this time and catch the flying knife.
At this point, the potential incremental capital power of the market has been further weakened.
The power of the bears has also become more and more powerful in the continuous fermentation of panic, causing the market to completely become a form of panic pervasive, undertaking the power of the disconnection, and the comprehensive suppression of the bears.
Of course, during this period, a number of core and main funds in the market, such as 'Huajin and Huijin', resolutely protected the market and desperately pulled the Shanghai Index into the market, which also indirectly caused a reverse effect on the market, resulting in many retail investor groups who were originally trapped in the market and hesitated in their hearts, and also joined the army of killing and selling.
In the end, under such emotions and such a situation......
At 1 o'clock in the afternoon, the Shanghai Index, which was originally around a 5% decline, resisted, was once again killed by the market's panic selling, and the decline further expanded.
At the same time, the small and medium-sized board refers to the entire market stocks except banks and two barrels of oil.
have completely lost their liquidity.
At 1:12, the GEM index fell to 6%, nearly 300 constituent stocks, more than one-seventh of the stocks hit the fall limit, while at the same time...... When the market liquidity began to dry up and the undertaking force has completely collapsed, the Shanghai Composite Index is still dangling in a flat position, sticking to 2,300 points.
At 1:22, the two cities experienced a rapid flash crash due to the lack of liquidity.
Almost in a few seconds, the GEM index fell, from around 6% to about 8%, nearly 300 constituent stocks, more than 4 quarters, touched the fall limit, and at the same time, the Shanghai index also failed to stabilize, lightning fell nearly 2 points of decline.
"Heavenly ...... It's scary! ”
At the moment when the liquidity of the entire market dried up, the panic disk gathered out, and the index flashed in a straight line, inside Yuhang, Yuhang Investment Company, in the trading room, Li Meng's eyes widened, and his heart rose to his throat, and he was extremely shocked.
Even though she had seen the straight-line collapse of the market on June 24 and June 25 due to the 'money shortage crisis', she was still frightened in the face of the 8% decline of the GEM index at this moment.
She never thought that today's market would be so miserable.
The whole market, buying is dry, all investors, are selling, and it is the kind of pure panic selling that ignores logic, is unreasonable.
"Buy it! All the panic disks in the market, all the floating chips, at this moment, are all killed. In Li Meng's shock, Su Yu stared at the gem index near 1130 points in one day, sliding more than 100 points, and suddenly issued an order, "The core concept stocks in the two directions of 'mobile Internet' and 'smart phone industry chain', and a number of stocks such as 'Fenda Technology, Network Speed Technology, LeTV, Flush, Oriental Wealth, Huake Jincai, Hengsheng Electronics, ......', etc., all pending orders were bought and swept their falling limits. ”
"Buy?" Li Meng was stunned, thinking that he had misheard.
Su Yu bowed slightly, stared intently at the plate, and repeated: "Yes, buy, the ultimate emotion appeared, all the panic in the market was vented, and almost all the core concept stocks of the main line were sealed on the falling limit board by the sky. ”
"Buy!"
Su Yu said firmly again: "The gem refers to a wave of killing, it has reached the target position, greed and fear, often only between the first line, the national team rescued the market, saved in the wrong direction, used the wrong way, and then ...... It's time for us to come out and seize the opportunity of the next round of the main market, reverse the market, and rekindle everyone's hope for a bull market! ”
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