"It seems that there is a good start and great hope!"

Seeing that 85% of the stocks in the two cities were at the beginning of the collective bidding, they opened high, and in the trading room, Li Meng said with a smile: "Your speech at the Modu Financial Summit has a really big impact. ”

"It's just a matter of affecting a high opening." Su Yu said, "Although 'digital economy' and 'digital finance' are a possible general direction of future financial development, at present, there are still very few companies in the market that really have business involved in this area, and they cannot form a plate effect. ”

"There is also the market continues to shrink, and the previous adjustment has fallen below the bottom of the previous shock platform."

"Coupled with the lack of market liquidity, the market confidence is scarce."

"It is still very difficult for the market to gain a substantial foothold here and launch a strong rebound."

"And if you can't stand on a stable footing and there are no basic conditions for a rebound, then all the high opening will not only not be a buying point, but will become a trap for burying people."

"At least ......"

Su Yu paused and said: "We have to wait for the market to shrink continuously, and the remaining bottom will increase again, before there will be an obvious entry point." ”

"For now, it is better to stay calm, maintain a low position and remain unmoved."

"Fang is the best choice."

Li Meng nodded with a smile and said, "Yes, the equivalent can shrink to the extreme, and the index will continue to fall below all supports, and release a large amount again, before it can bottom out, at this moment...... Although many investors in the market have not given up hope, although they have been trapped. ”

"In this way, a large number of trapped plates are unwilling to cut meat, and the pressure on the market will be greater."

"This feature is extremely obvious in the two core and main line hot stocks of 'mobile Internet' and 'smart phone industry chain', which have been continuously speculated in the early stage."

"Many investors who hold these popular stocks are facing stock price corrections of 30%, 40%, or even halved."

"I still have illusions and don't want to cut meat."

"And there is such a huge trap disk suppressing the disk, at least in terms of the two core main lines of 'mobile Internet' and 'smart phone industry chain', it should not rebound anywhere."

"Will the index continue to fall?" Wang Can, the head of the trading team, was a little surprised when he heard Su Yu and Li Meng's analysis, "The volume of the two markets has shrunk to less than 100 billion, compared with the volume of energy at the peak, it has decreased by three or four billion, and it feels like there is really nothing to fall, and many popular stocks on the gem in the early stage are generally adjusted to about 30% to 50%, falling sharply and falling hard, I think there should be a strong rebound market." ”

Su Yu glanced at Wang Can and said with a smile: "The popular stocks in the early stage of the GEM have risen by three or four times, five or six times under the expected optimism, and now they have a pullback of thirty or fifty percent, which is not much." ”

"And ......"

Su Yu paused and continued: "Last year has passed, and what is fried now is what is expected this year." ”

"Some popular stocks had good business development last year, and their performance also showed explosive growth in the interim report and the third quarterly report."

"However, it is because of the explosive performance growth of these votes last year."

"Then, if you want to continue to grow rapidly in high base performance this year, the difficulty is not ordinary."

"Moreover, these stocks, usually the expectations have been filled, even if some of the popular stocks that have been hyped in the early stage, this year's performance can still grow significantly, there is not much room to exceed expectations, and there is no room to exceed expectations, and there is no room for natural stock prices."

"The two core main lines of 'mobile Internet' and 'smart phone industry chain', in the context of the explosion of the entire emerging economy, are indeed a high-quality investment area with continuous growth in demand and scale, but after the first stage of general hype, when everyone finds that there are investment opportunities in this field."

"Then, the market in this field is bound to enter the stage of differentiation, that is, the second stage from concept hype to performance realization."

"...... at this stage"

"We have to dig deep into individual stock research to find the stocks that have the biggest difference in future expectations at this stage."

"Only then can there be a relatively large opportunity to obtain excess profits in the market."

"Su always means ......" among the traders, Liu Yuan asked, "even if we want to build a long position in this field again, we must try to avoid stocks that have been violently speculated last year, and avoid those popular stocks whose performance is already in a high growth stage and whose valuations are still high?" ”

Su Yu glanced at Liu Yuan, smiled, and said, "Yes, that's what it means." ”

With the trading room, the analysis and discussion of the crowd.

At this moment, the time has passed 9:20 unconsciously and entered the real call auction link that cannot be cancelled.

I saw that the two main line hot stocks of 'mobile Internet' and 'smart phone industry chain', as well as 'Internet finance', 'mobile payment', 'smart city' and other related popular stocks related to the concept of 'digital economy' and 'digital finance', have all fallen sharply at this moment, and only one of 'Tianyu Information' has also blocked the price limit, and the rest are all in the high opening range of 3 or 5 points.

Meantime......

There are nearly 2,000 stocks in the two cities, and the number of individual stocks opened at a high level has also dropped from the initial 85% to about 68%.

In the face of the instant fever of the two cities, the majority of investors in the entire market who have great expectations for the 'good start', at this moment, a fiery heart has gradually cooled down.

"Hey, during the New Year's Day, such a big benefit can't pull A shares, it's really hopeless!"

"Looking at the market, only the popular concept stocks that have fallen in the early stage, as well as the emerging 'digital economy' and 'digital finance' concept stocks, there are signs of popularity and violent capital grabbing, and the others ...... I still feel lifeless, hey, my real estate stocks, not even a single one to participate in the bidding. ”

"There must still be a 'wealth road' to lead, otherwise the market is really not popular at all."

"Mr. Su's speech at the 'Financial Summit' should be enough to show that he is very optimistic about the main concept of 'digital economy' and 'digital finance', right?"

"It's useless to just look good, you have to buy it with real money."

"Yes, if you can see the large-scale purchase of 'Fortune Road' on the list of dragons and tigers, these two concepts will rise, right?"

"Look at the five minutes of the call auction just now...... Speaking of the main funds in the market, there are also differences on how to speculate on these two concepts and which aspects to focus on, right? It is said that the first areas to benefit and embody 'digital finance' should be 'mobile payment' and 'digital currency', but it seems that the main funds are still focused on 'Internet finance'. ”

"To be honest, even if Mr. Su explains, I don't quite understand what 'digital finance' is now."

"Anyway, I don't think I need to understand at all, see which stock has the strongest call auction, and the main funds are the most powerful, just follow the trend and buy."

"If you look at it this way...... Tianyu information, it should be Long Yi! ”

"Speaking of traditional financial fields, securities and banks, are there any opportunities?" The promotion of digital finance should also increase the expectation and imagination space for these big guys! Moreover, in the two major fields of securities and banking, the valuation has indeed been pressed to the extreme. ”

"I don't think so, let's not talk about valuation, the key is that the market has no money, who can pull it?"

"Unless the central bank makes a clear monetary policy shift, a big interest rate cut is almost the same."

"Hey, don't expect an interest rate cut, in June last year, at the end of this year, the market liquidity was so expensive, the bank had two money shortages, the central bank did not cut interest rates, and now the Federal Reserve's monetary policy is more aggressive, making it clear that it will withdraw from QE, and may enter the interest rate hike channel in the near future, and the central bank has no room to cut interest rates at all."

"Is the market really short of money?"

"I think what the market lacks is not money, but confidence!"

"Indeed, looking at the emerging P2P platform, in the name of financial management, the speed of raising funds is simply jaw-dropping."

"I heard that there is a platform, and it has gathered 360 million funds in just 25 days after its establishment!"

"Looking at the stock market like this, I want to put my money into online platform financial management."

"That thing, it's not reliable at all, is it?"

"Hey, the peripheral U.S. stocks continue to reach new highs, and the macro market continues to improve, but the A-share index is falling endlessly, I really don't know what went wrong."

"Again, the fundamental problem, the lack of confidence in the market."

"As long as there is a money-making effect, confidence will naturally rise."

"Having said that, the creation of a money-making effect, in the final analysis, still needs the promotion of funds and the promotion of major benefits."

"Hey, if only the 'Fortune Road' could take the lead!"

"According to the fund position data released by Mr. Su before, the two funds he is in charge of should be at the level of extremely low positions, I think...... Mr. Su should take the lead, right? I just don't know when it will be, does Mr. Su feel that the market is here and hasn't fallen through yet? ”

"It's hard to say, compared with many blue-chip weighted stocks on the main board, the valuation of GEM related stocks is indeed still in the sky."

"According to the previous adjustment, it should have been the end, but as a result, 5 new stocks were issued, and nearly 10 billion blood was drawn."

"I feel like I'm not going to make the last drop."

"It should wait for the new stock to be listed, it's about the same, right?"

"Anyway, at this time, you can't hold the stock for a long time, and it is wise to take a bite and leave."

"Hey, the last wave didn't follow Mr. Su together, I thought that the market adjustment would not be too deep, but it fell for more than half a month, which is simply miserable."

"It's in a downward mode again."

"Don't say 'again', it feels like the motherboard hasn't come out all along."

"The blue chips are dead, the future is the investment situation of the emerging economy, and this year's opportunity is obviously still on the GEM!"

With the discussion that everyone was still relatively pessimistic, the time reached 9:25, and the call auction between the two cities ended.

I saw that the Shanghai Composite Index opened at 2143.63 points, up 0.39%; GEM refers to the opening at 1138.22 points, up 0.51%, more than 1,300 stocks in the two cities opened high, including 'Internet finance', 'mobile payment', 'smart city' and other concept plates, the top gainers, the industry, 'Internet application', 'electronic information' and other two major industries, the top gainers, the main capital attack direction of the entire market, is still in the gem, small and medium-sized board related popular concept stocks.

"Although the index finally maintained a higher opening trend, this high opening range, compared with the total increase in the trend of Chinese stocks during the New Year's Day holiday, and the impact of various good news during the holiday, is somewhat lower than expected!" Seeing such an opening situation, at this moment, Zhou Kan, who has been observing the market trend in the magic capital, Zexi Investment, and in the trading room, couldn't help frowning, looked back at Xu Shen, and continued, "Mr. Xu, this situation ...... the two emerging concepts of 'digital economy' and 'digital finance'. ”

Xu Shen glanced at the final opening results of the two cities, was silent for a while, nodded slightly, and said: "'Digital economy' and 'digital finance', the two new concepts proposed by Mr. Su, are still too empty, in the market, there is no particularly tough target with strong logic, and the direction of capital attack is still the 'Internet finance', 'mobile payment', 'smart city' and other related targets that have been speculated in the early stage, whether it is space or expectations, are limited. ”

"Forget it......"

Xu Shen paused and said, "Give up this line!" ”

"I can't go out of a new way, on the basis of the original expectations, there is a huge amount of hedging and suppression, and the market will not go far."

"Hmm!" Zhou Kan said, "Sure enough, the imagination is very full, but the reality is very backbone, after the 'financial summit', the market is so hot to discuss the scene, but I didn't expect the opening to be like this." ”

"Confidence is low, the liquidity of funds in the market is limited, and a large number of funds have no way to enter the stock market even if they choose online financial management." Xu Shen said, "What's more, now it seems that all parts of the country are going to raise the banner of 'real estate economy' again, if the property market rises again, funds will pour into the property market, and the liquidity of the stock market will be more expensive, hey...... Bull market, for most of the month, after the market confidence was killed, it ran away again! ”

My Healing Game

"But ......," Zhou Kan thought for a while and said, "The index position is low enough, even if the market liquidity is expensive in the next period of time, it won't fall anywhere, right?" ”

At present, the Shanghai Composite Index has fallen to more than 2,100 points.

Zhou Kan thought that even if the Shanghai Composite Index continued to fall to the low point of the market shortage in June last year and broke through the 2,000-point mark again, it would only be a maximum of 10% of the decline, and there was no need to be too pessimistic.

Xu Shen said: "Although the Shanghai Composite Index may not fall very much, the ChiNext Index ...... It's hard to say! ”

Last year, the Shanghai Composite Index basically did not rise, and many blue-chip stocks on the main board, the valuation continued to compress to a lower historical extreme, but the GEM index rose from a low point almost doubled, and now the form has changed, the trend has reversed, in Xu Shen's view, the risk has shifted to the GEM.

"Mr. Xu means to say ......"

Zhou Kan was stunned for a moment, and then said: "Let's avoid the GEM? ”

Xu Shen didn't answer directly, but smiled and continued: "Zhou Kan, did you find it, in fact, our A-share market is a typical emotional extreme market, too much when it rises, and too much when it falls, and the wealth code is actually hidden in the two extremes of this emotional performance!" ”