"What you mean is to continue to eat chips in the tray and guide the explosion of market sentiment." Hearing Su Yu's words, Li Meng replied in surprise, "But in this sharply higher market form, in the face of the sell-off of many short-term profit funds, with the amount of cash we have left, it is very difficult to hold such a disk and change the shape and trend of the market!" ”

Su Yu said with a smile: "Naturally, we can't force it, we have to wait for the many short-term profit funds that chased the position yesterday, as well as other parts of the floating chips that are not deep in the market and obviously lack confidence in the market outlook. ”

Speaking of which......

Su Yu paused, and then asked: "Our two main funds, with a total of available funds, should still remain at about 2 billion, right?" ”

"Hmm!" Li Meng said, "The total available funds in the background are 2.089 billion, but thanks to the comprehensive rebound of the two markets yesterday, the market value of the positions of the two funds has expanded, and now the position level of the two funds has almost reached 85%. ”

"In terms of the current market turnover, 2 billion funds are enough to guide sentiment and maintain the market." Su Yu said, "As for reducing positions and withdrawing funds, we can continue to maintain the dynamic balance of our positions, and we can wait for today's intraday sentiment to further stabilize before slowly reducing them." ”

Since he chose this point in time, he opened the curtain of the main line of 'infrastructure'.

When emotions surge and market confidence begins to resurge, it is necessary for him to use the strongest posture to play out the continuous money-making effect of this main line, play the rebound space of the market, and also play the large-scale chip profits of the fund in this field.

All in all, whether it is for the motive of the fund to make excess profits in the market.

Or for the sake of the market trend in the future.

It is necessary for him to be in this position, at this time, with the amount of funds in hand, to carry out pallets, emotional guidance, and maintain the strength of the market.

"The call auction is only 2 minutes, and only 80% of the stocks in the two cities can still maintain an upward trend." During the conversation between Su Yu and Li Meng, Wang Can, who had been observing the market trend, then reported, "The speed of decline is so fast, it seems that ...... The market sentiment is not as strong as we imagined, I said before that the Shanghai Composite Index will open 1.5 points higher today, and now it seems a little too optimistic and hasty. ”

"In the bear market, retail investors have been like frightened birds, even if yesterday's seat of our fund, appeared on the dragon and tiger list, at the same time, there are a lot of good macro aspects, which has greatly boosted the investor sentiment in and out of the market, but it is really the turn of real money investment, everyone wait-and-see sentiment, or strong." Liu Yuan responded, "And according to the previous historical trend of the market, almost every good release, the high opening of the market, is a selling point, almost every time the market opens high under the favorable situation, and finally goes into a trend of high opening and diving, I think...... This is also the reason why the market is so heavy at the beginning of the call auction and when the market opens high. ”

"Not bad!" Su Yu bowed slightly, "This is called the inertia of thinking in investment, and it is also the inevitable weakness of human nature in trading." ”

"Very good!" Li Meng watched the market of the two cities gradually fall back in the call auction, and said with a smile, "The high opening is not large, so if it does not reach many short-term profit funds, as well as many retail investors who are not deep and lack confidence in the market outlook, the market sell-off will not be so fierce, so ...... The pullback of the index after the high opening will not be so lethal to the emotion, and correspondingly, in this situation, we will save a lot of effort by pallets and pulls. ”

During the discussion, the trading time had passed 9:20, and the two cities ushered in the real call auction session that could not be cancelled.

I saw that after 5 minutes of preliminary call auction trading, the number of stocks in the two cities has dropped to about 75%, of which the main board 'infrastructure' field stocks, as well as the small and medium-sized board, the gem direction of the 'mobile Internet', 'smart phone industry chain' stocks, formed a sharp contrast.

The 'infrastructure' sector, as well as its core popular stocks, which led yesterday's gains.

At this moment, all showed an extremely strong state, leading the two cities, among them, Su Yu used the 'Fusheng Road' seat to buy the Beixin Road Bridge, directly sealed the word board, sealed 560,000 hands, and Su Yu's "Fortune Road" seat appeared in Huaguo China Railway, which opened about 7 points higher, and the disk bidding list reached 89,000 hands.

As for yesterday's daily limit of Huaguo Metallurgical, Huaxia Fortune, Kumho Group and other tickets, the high opening range is also more than 5 points.

On the other hand, the core concept of the small and medium-sized board and the gem is the main line.

'Mobile Internet' and 'Smartphone Industry Chain' related concept plates, and their popular stocks, are far behind the average market limit, leading the two cities, such as the liquidity of LETV, Huayi Brothers, Oriental Fortune, Wangsu Technology, Changqu Technology, Hua Qingbao and other tickets, are in a low open state, disk performance, large single funds down the price, eager to come out of the desire, quite strong.

Overall, although the time is still in the call auction stage.

However, the active capital attack path of the two cities, as well as the style performance, have been quite distinct.

"What's more, the market funds have all been sucked up by the main line of 'infrastructure'." Seeing the performance of the market's call auction, Magic Capital, inside the Yinghui Fund at this moment, fund manager Liu Guanhai looked unlucky and scolded, "This surnamed Su is really a market robber, and the place where he has been speculated is really not a single inch of grass." ”

No one expected that this round of index bottoming out and rebounding, leading the market, is actually the main line of 'infrastructure'.

Therefore, the vast majority of the main institutional funds in the market have no chips in the blue-chip direction of the main board that has been abandoned by the majority of investors in the market, and naturally they are not in addition.

Moreover, unlike many other private and public funds that have been killed by the market crash, confidence and belief have collapsed, and they have no choice but to fully cut their positions at the bottom of the index panic kill and fall, and maintain the minimum position operation situation, due to his conceit, the main position of the entire earnings fund still maintains a high position operation trend, and the direction of the position is basically all in the small and medium-sized board, the gem led by the 'mobile Internet', 'smart phone industry chain' two main line growth stocks.

This is also the reason why he is so dissatisfied with Su Yu's launch of the main line of market 'infrastructure' and the use of the main line of riot's 'infrastructure' to fully devour the active funds in other sectors of the market.

After all, the entire fund he manages, the main holdings are distributed in the 'mobile Internet', 'smart phone industry chain' two core main lines in the early stage, in the face of the sudden outbreak of the 'infrastructure' sector, in the case of market liquidity is already very limited, there is no time to adjust the position and catch up with Su Yu's pace.

Of course, what made him even more angry......

It is a comprehensive rebound in the market, compared with last year's high, the two core concept areas of 'mobile Internet' and 'smart phone industry chain', which have fallen deeply, and their individual stocks, not only did not rebound, but fell against the trend, which made him extremely manic and depressed, and at the same time there were many unwilling.

"Manager, let's ...... Let's rebalance! Yu Lei, the head of the new trading team of the 'Yinghui No. 1' fund that was promoted, said carefully, "According to the market's choice of funds, the line of 'infrastructure' has obviously been recognized by the main funds from all walks of life, as well as the majority of retail investor groups, and on the other hand, the two lines of the small and medium-sized board and the gem's 'mobile Internet' and 'smart phone industry chain', since yesterday's outbreak in the field of 'infrastructure', the main funds not only did not have the slightest inflow, but also has been showing an outflow trend, feeling the main line style of the market...... It's really switching. ”

"At the current stage, the line of 'infrastructure' is not up much, and we should ...... It should be too late. ”

"If you keep waiting......"

"In case the line of 'infrastructure' has really become the core main line of the market, and the two main concepts of 'mobile Internet' and 'smart phone industry chain' have not been recognized by the main funds in the market, then we will appear more and more passive, and the follow-up will wait until the line of 'infrastructure' is brought higher and higher, and it will be more and more difficult to intervene."

"You're going to let me chase the ups and downs?" Liu Guanhai glared at Yu Lei slightly and said, "How much is the market turnover?" In this case, the surname Su comprehensively pulls the main line of the 'infrastructure', how high can the rebound be high? ”

"After yesterday's strong rebound, Huaguo China Railway, Huaguo Metallurgical, Huaxia Happiness, Conch Cement and other leading hot stocks, have all speculated 15% of the rise, this time to chase, didn't you just fall into the conspiracy of the surname Su, chase at the highest point, and take over for him?"

"I don't believe it, in the face of these tens of billions or hundreds of billions of large-cap stocks of 'infrastructure' stocks, when there are only tens of billions of trading volume in the entire market, how far can this line go?"

"In the case of a serious shortage of volume and energy in the market bear market cycle, there will be no sustainable market for the blue chips on the main board."

"Even if the surname Su is really the god of the world, he can't play flowers without the amount of energy."

"When everyone finds that the market volume can not support the blue-chip market breakthrough at all, you look at it...... The main line of the market has to return to the growth stocks of emerging industries led by the small and medium-sized board and the growth enterprise board. ”

"Besides, in terms of performance growth and future imagination, the blue chips of the main board are indeed a fart!"

Yu Lei saw that Liu Guanhai had a firm idea in his heart, and he probably couldn't listen to his persuasion, and then thought that even if the fund performed poorly, underperformed the market index, and finally chased the responsibility, it didn't have much to do with him, so he paused, and didn't want to touch Liu Guanhai's brows again, so he closed his mouth and stopped talking.

And at the moment when he persuaded Liu Guanhai to chase the market in the field of 'infrastructure'......

In another trading room within the Yinghui Fund, Shao Xiaoyun, the former head of the trading team who has been promoted to the fund manager of the 'Yinghui No. 2', is staring at the changes in the two markets at the moment, but he has chosen a completely inconsistent operation method with Liu Guanhai, and ordered the traders to use the available funds in the fund account to comprehensively pursue Huaguo China Railway, Huaguo China Metallurgical, Huaxia Happiness, etc. The core leading stocks in the field of infrastructure, with the maximum and fastest speed, will switch the main investment direction of the fund to this main line of "infrastructure" that seems to have been basically recognized by the main funds of the market.

Again, at this moment.

Magic capital, Zexi investment inside, fund trading room.

Zhou Kan stared at the 'infrastructure' sector that continued to break out and the funds were extremely fierce, thinking of yesterday's hesitation, and also suggested to Xu Shen to quickly pursue, follow up the main line of 'infrastructure', and significantly increase his related positions.

"Be patient!" Xu Shen smiled, staring at the disk with sharp eyes, not in a hurry, "Even if the 'wealth road' appears, the volume of the market can follow up, and it will take time to react, and the line of 'infrastructure', if you want to continue to promote, the incremental funds required are a lot of days, so although the market outbreak is fierce, the rise is not necessarily fast, we have the right time and buying point to intervene, and we don't have to rush this moment." ”

Zhou Kan heard Xu Shen's words, groaned slightly, but also understood, smiled a little embarrassedly, and said: "It's me who is too anxious, think about it carefully, indeed, as Mr. Xu said, the outbreak of the macro main line like 'infrastructure' must be in the case of continuous increase in market volume, taking the trend of the market, not like the concept of hype market, it is a wave of direct short-term peak trend, there is really no need to rush for a while." ”

"If only you understood!" Xu Shen bowed slightly, "In today's intraday, there will be a more suitable buying point!" ”

"Mr. Xu means to say......" Zhou Kan was slightly surprised.

Xu Shen smiled, interrupted him, and said: "Just look at it, this emotional high point of the opening cannot last, and there are a lot of floating chips in the market, and the chip structure needs to be further fully exchanged." ”

As he spoke, the time reached 9:25, and the two-city call auction ended.

After a total of 10 minutes of market call bidding, the Shanghai Composite Index finally opened 1.01% higher and stood at 2130 points; The Shenzhen Index and the GEM Index opened 0.43% and 0.32% higher respectively, which was significantly weaker than the main board.

industry sectors, and the performance of individual stocks.

The core sector of the 'infrastructure' field, as well as many state-owned holding enterprises covered by the 'state-owned enterprise reform', still maintained the trend of leading the two cities, with a high opening range of more than 2%; The conceptual hype route and growth route covered by the two main concepts of 'mobile Internet' and 'smart phone industry chain' in the early stage are weaker than the market, underperforming the index across the board, and related industry sectors and their popular stocks all led the decline in the two cities.

Faced with such an opening scene......

The vast majority of investors in the market are excited and excited, and of course, there are also a small number of investors who hold stocks in the fields of 'mobile Internet' and 'smartphone industry chain', and their hearts are full of complaints.

But whether it's the excited, excited investor group, or the whining part of the investor group.

In the face of the strong rise and continuous money-making effect of the 'infrastructure' sector, as well as many of its popular stocks, they are all red-eyed, eagerly looking forward to it, and have a strong desire to chase positions.

However, extremely high expectations, as well as a strong chase of a large amount of money.

In the case that the Shanghai Composite Index opened sharply higher, leaving a huge gap, and the industry sector in the 'infrastructure' field, as well as its popular stocks with short-term profits and floating chips, the two markets officially ushered in continuous auction trading at 9:30, but they failed to maintain the trend of the index holding high.

At 9:35 a.m., it was only 5 minutes before the opening of trading.

When the Shanghai Composite Index hit a maximum of 2141.76 and the increase could break through to 1.5%, it suddenly began to turn down, dive rapidly, and then lightning broke through the 2130 points on the high opening station.

Immediately afterwards, with the diving of the Shanghai Index, the Shenzhen Index and the ChiNext Index turned green in a straight line and fell into the water.

Correspondingly, in the major exponential dives.

The two markets, which were originally reported with great expectations by the majority of investors, are also surging in an instant!

(End of chapter)