"Yes!" Li Mengying said, "From the perspective of market volume and energy, the market has continuously accumulated a large number of short-term profits, and it is not realistic to attack the pressure position of 2200 points, after all, no matter how good the mood is, the incremental funds cannot keep up, and it is also in vain to undertake a large number of profits and hedging disks in this position." ”

"Does this mean that the market is in this position and must be adjusted?" Wang Can asked.

Li Meng nodded and said: "Almost, the Shanghai Index has rebounded strongly in two days, and it has almost crossed the position space of 100 points, touching the strong pressure level above, and there are a lot of floating chips in all aspects of the market that are eager to cash, and the upward pressure on the index is getting bigger and bigger...... A forced breakthrough may only exacerbate the subsequent adjustment of the market, and at the same time damage more market sentiment and bullish sentiment. ”

"Shall we ...... Do you need to significantly reduce your position in this position and reap profits? Wang Can then asked.

"It's okay to do T appropriately, but you don't need to reduce your position significantly." Su Yu said, "the market's rebound trend has been established, and the market long investment sentiment, has fully warmed up, although due to a large number of short-term profits, as well as a large number of key pressure levels of the hedging convergence, resulting in the index is currently breaking through 2200 points has great difficulty, inevitably adjusting, but with the continuous fermentation of sentiment, with the continuous influx of over-the-counter incremental funds, the index after a short period of adjustment, continue to rise above the 2200 point pressure mark, is a great probability." ”

"In other words, this is a benign adjustment, and the magnitude will not be deep."

"In the adjustment, the trend of the bulls in the two cities will not change."

After all, no one can accurately grasp the short-term trend of the market, once the position is greatly reduced, the index will be adjusted sideways, and even the strong sector will not be adjusted, and continue to break through? I'm afraid that if you want to pick up your position, you will have to chase it higher. ”

"As traders, we ...... in operational trading"

Su Yu paused and continued: "To look at the big trend, and let go of the small trend, understand the trade-off of opportunities, you must not lose the big because of the small loss, pick up the sesame seeds, and lose the watermelon, of course, in the case of maintaining the dynamic balance of the position, it is also possible to use the small position of the account to do T, and maximize the maximum profit of the account in market fluctuations." ”

"Master, according to the logic you said, the opening should be the best selling point of the day, right?" Liu Yuan pondered for a moment, her eyes lit up, and asked.

Su Yu smiled and replied: "Smart, in fact, intraday operation, the grasp of the buying and selling point, and the emotional reaction of the market, is usually consistent, after yesterday's emotional brewing, as well as the index for two consecutive days of large-scale white line counteroffensive, the strong expectation of long, has been formed in the hearts of the majority of investors in the market." ”

"In their expectations, as well as the inertial thinking of most investors, the index will definitely rise, and it will continue to break through."

"At the same time, because of the strong long expectations, as well as the general recovery of the entire market long sentiment, as well as the continuous release of the market to make money, investors' risk appetite to chase high, in the mood brewing, is also rising, which has caused the market to open sharply higher under the expectation of consensus."

"However, in the market long-term sentiment is unprecedentedly high, the money-making effect is prominent, and investors' risk appetite is rapidly improving."

"Is the market really as good as everyone thinks?"

"Not really! Last night, the external market fell sharply, the 2,200-point backlog above the index was trapped, and a large number of short-term profits accumulated by the two-day continuous rise were accumulated, and limited incremental funds were ...... These are many of the key factors that inhibit the upward breakout of the index, but unfortunately when market sentiment is high and investors gradually lose their rationality, they are not visible, or rather, ...... People will deliberately ignore these negative factors. ”

"And the market itself does not have the factors for a comprehensive breakout, coupled with the sudden fierce rise in bullish sentiment."

"The two are intertwined, and there will naturally be a key selling point in the market's time-sharing trend."

"Although the so-called imagination is beautiful, but after all, it is necessary to return to reality, our trading operations, while maintaining an optimistic attitude, we must also remain rational and understand the current trend of the market, what are the unfavorable factors and favorable factors, so as to make rational judgments and find the right buying and selling point."

"Got it!" Liu Yuan had a slight understanding in her heart.

While responding, he used the account in his hand to quickly place a pending order to sell some of the popular stock chips he held in a small position.

Similarly, when Liu Yuan reacted, in the entire trading room, the vast majority of traders were lowering their heads and placing orders, operating according to the trading logic that Su Yu just said.

And with everyone's pending order operation......

By this time, the time had advanced to 9:20.

I saw that after a five-minute call auction, after the call auction entered the real auction link that could not be cancelled, the number of stocks that opened high in the red market in the two cities, although it fell slightly, did not change much, and still remained in the state of 85% of the stocks opening high in the red market.

The overall market sentiment, as well as the willingness of all sectors to rush to raise funds and go long.

It was even stronger than yesterday's call auction.

In particular, the two main areas of 'infrastructure' and 'state-owned enterprise reform', which are the core concerns of the market.

Whether it is the four major industry sector indexes of 'building decoration, building materials, iron and steel, and real estate', or the concept of 'state-owned enterprise reform', the increase is more than 2%.

Among them, the core popular stocks in the two major areas have performed even more strongly in the call auction.

For example, the popular leaders 'Beixin Road and Bridge, Shibei High-tech, Waigaoqiao, and Shanghai Sanmao' checks all show the scene of the opening of the one-word board; Huaguo Metallurgical, Huaguo Zhongjian, Huaxia Fortune, Kumho Group and many other popular stocks in the medium and large market have opened up to about 5%, and on the call auction disk, the buying orders are fully suppressing the selling orders, and with the passage of the call auction time, the stock prices of these stocks are still rising.

"This set auction trend is a bit beyond expectations!"

Seeing the extremely hot call auction trend in the two cities, at this moment, in the internal trading room of Modu, Zexi Investment Company, fund manager Zhou Kan couldn't help but sigh: "I feel that my emotions are a little overdone, right?" Huaguo China Railway and Huaguo China Metallurgical This kind of obviously trending votes have actually been speculated into the trend of concept stocks, according to the current high opening range of these two checks, three days...... It's up almost 28%! ”

"It's a bit overdone!" Xu Shen bowed slightly, "It's too late, I'm afraid it's difficult for the market to perform well today." ”

"Yesterday's external market trend was not good, coupled with the 2200-point pressure mark, today's call auction, the market is obviously not right." Zhou Kan continued, "The funds chased in at this moment, I am afraid that they will temporarily stand guard at a high position, their emotions are overdone, and the selling points in the market are highlighted, let's ...... Isn't it also selling some chips? ”

According to Zhou Kan's judgment, the market performance at the moment should be a good selling point.

Xu pondered for a moment and said: "You can try to sell a little, although the mood is a bit excessive, but at the current stage, the two main lines of 'infrastructure' and 'state-owned enterprise reform' have come out, and the large funds of the over-the-counter departments are at a low level in the positions in the field, and there is a great demand for increasing positions, so even if the market is adjusted, I am afraid that the range of adjustment is also very limited. ”

"yes, understood!" Zhou Kan nodded with a smile.

Subsequently, the layout immediately began according to Xu Shen's suggestion.

With the slight reduction of Zexi Investment......

At the same time, in Modu, Yanjing, Shenzhen and other places, many large institutions that had previously set foot on the two main lines of "infrastructure" and "state-owned enterprise reform" saw that the market call auction trend was rising, and the two main lines of "infrastructure" and "state-owned enterprise reform" were becoming more and more fierce in the call auction, but they couldn't help but chase high and increase their positions.

Similarly, the majority of retail investors are affected by the extreme euphoria of the market.

There are countless people who increase positions and chase high.

As a result, in this situation where bullish forces and bullish sentiments are still completely dominant.

When 9:25 arrived, the end of the call auction between the two cities, the Shanghai Composite Index opened 1.53% higher, directly rushed to 2191.12 points, from the 2200 point mark, only one step away, and the relatively weak performance of the Shenzhen Index, the Growth Enterprise Market Index, the high opening range, also reached a rise of about 1%, several major indexes, in the K-line form, have once again left a high gap.

And in addition to all the major indices that gapped.

The performance of the industry sector, the concept sector, and its popular weighted stocks and concept stocks in the two cities is also in full swing.

Among them, in the field of "infrastructure", the core sectors such as building decoration, building materials, steel, and real estate have a high opening range of between 2.35% and 2.55%, and the concept of "state-owned enterprise reform" has a high opening range of 2.83%, and the constituent stocks in the sector have a one-word daily limit of more than 7 stocks.

Of course, in addition to the strong 'infrastructure' and 'state-owned enterprise reform', the two popular main lines.

Yesterday's remarkable'Shanghai Free Trade Zone', 'Internet Finance' two major concept plates, the opening rose of about 2%, even in the continuous rebound of the market, was significantly abandoned by the main funds of the market, the trend is completely weaker than the market index of the 'mobile Internet', 'smart phone industry chain' two popular concept of the main line, and its related core growth stocks, at this moment also rarely opened higher than 1% of the rise.

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

The vast majority of retail investors in the entire market are excited, excited and excited at the moment.

"Haha, the Shanghai Composite Index opened 1.53% higher, approaching 2200 points, what a strength! I feel like I'm back in a bull market! ”

In the excited and exciting market sentiment, taking advantage of the last 5-minute short suspension time before the official transaction, some people sighed on the trading forum.

"My big A finally stood up!"

"Independent market, rare independent market trend!"

"Look at this situation, the Shanghai Composite Index will break 2,200 points today, haha...... This wave of rally is really like a rainbow, sweeping away the haze at the beginning of the year! ”

"It's still Mr. Su, as soon as he makes a move, the market will be out of control."

"Indeed, in the past two trading days, the two main lines of 'infrastructure' and 'state-owned enterprise reform' have simply exploded the money-making effect to the extreme."

"Not only in the first two days, the two main lines of 'infrastructure' and 'state-owned enterprise reform' opened so much higher today, and they are still continuing to increase in volume, and it is estimated that they can continue to rise sharply, and look at many popular core stocks in these two main line areas, all of which have come out of the obvious bottom reversal trend."

"Hey, it's a pity that I've been hesitating for the first two days and stepped on nothing!"

"I also missed before, but I chased it directly in the call auction this morning."

"I'm also chasing positions in the call auction, and I feel ...... Although the short-term increase of the core leading votes of the main line such as Huaguo China Railway and Huaguo China Metallurgical has reached about 25%, compared with the inflow of main funds in the past two days, as well as the continuous strength of the comprehensive riots of the two main lines of 'infrastructure' and 'state-owned enterprise reform', there is definitely still a lot of room for follow-up. ”

"Agree, in fact, the leading stocks, a rebound of twenty or thirty percent, is nothing at all, and buying at this time is still at the bottom of the mountain."

"I also think that the two main lines of 'infrastructure' and 'state-owned enterprise reform' are still at the bottom of the mountain."

"It's a pity that the two leading stocks of the main line concept of Beixin Road and Bridge and Shibei High-tech are not given the opportunity to buy today."

"Yesterday's 'infrastructure', 'state-owned enterprise reform' two main lines were unanimously recognized by the main funds of the market, Beixin Road and Bridge and Shibei High-tech today's one-word limit, should be expected, it is indeed a pity, yesterday did not increase the position in these two stocks."

"Beixin Road and Bridge and Shibei High-tech are not open, and there are only Shanghua China Railway and Huaguo China Metallurgical."

"China Fortune and Kumho Group are also good!"

"Anyway, just staring at the two main lines of 'infrastructure' and 'state-owned enterprise reform', the funds involved in the past two days have not lost money, and I feel that such a strong main line concept and such as a huge amount of main capital inflow, these two main line of the market, will definitely not end easily, at this time to participate, there should be a lot of room for follow-up."

"There must still be space, after all, the Shanghai Index has broken through 2200 points, and there is a smooth road ahead!"

"Hey, the Shanghai Composite Index is below 2200 points, and it has been trapped for more than 4 months, right? It's finally going to break through, and I'm really looking forward to it. ”

"With this wave of breakthroughs, the index should not come back!"

"Yes, yes, I feel that way, I always feel like a bull market is coming."

"Whether the bull market is coming or not, it has reached this juncture, and the Shanghai Composite Index must break through 2,200 points today, and only by breaking through 2,200 points can we open up new space."

"The index rushes to the level, mainly depends on the performance of the two core main lines of 'infrastructure' and 'state-owned enterprise reform', right?"

"These two main lines of the market must be the same, after all, in the past two days, into so many big capital main forces, yesterday on the dragon and tiger list, all the top tourists, but also collectively dispatched."

"It's less than 10 points, and after the opening, it should be over in 5 minutes at most."

"Indeed, as long as the two core stocks of Huaguo China Railway and Huaguo Metallurgical Co., Ltd., any one of them has a daily limit, the index can instantly break through the 2200-point pressure barrier, and judging from the performance of these two core stocks, it is obvious that the main funds are still continuing to increase their positions, and there is still great hope for continuing to increase the daily limit today."

"From the perspective of capital, the market has suddenly risen, and many large institutional funds, as well as many retail investor groups outside the market, have not yet reacted, and they have a huge willingness and demand to increase their positions, so I judge that the incremental funds in the market will increase sharply in the future, and the turnover will once again reach the 100 billion mark, and the Shanghai Index 2200 points is not a problem at all!"

"Agreed, looking at the fund industry, the positions announced by major public funds and asset management institutions are obviously at a low level, which proves that the market's potential for rising in the future is still great."

"Whatever, I'm full, this round won't double, don't get off."

"Uh...... Doubled? Can there be a little pattern? According to the valuation and market value of Huaguo China Railway and Huaguo Metallurgical, even if the stock price doubles, it is extremely undervalued. ”

"5 times! How dare you think about it? ”

"How bold the heart is, how productive the land is, the market rebounds so violently, the natural pattern should be magnified."

In the excitement of everyone's discussion, the short suspension time of 5 minutes passed in a flash, and 9:30 a.m. arrived, and the two cities ushered in the official continuous bidding trading time.

I saw that the stock price of countless stocks had just opened, and the stock prices of countless stocks had just begun to jump.

After 5 minutes of short-term emotional fermentation, Huaguo China Railway, Huaguo Metallurgical, Huaxia Fortune, Kumho Group, and Huagong International ...... Waiting for a vote of core stocks in the field of "infrastructure", that is, they were attacked by rapid funds, and the stock prices rose rapidly, and at the same time drove the major industry sectors in the field of "infrastructure", the "state-owned enterprise reform" concept sector index, and the Shanghai Index quickly hit upward, further towards the 2200 point mark.

At 9:31, the Shanghai Composite Index reached 2194.36 points.

At 9:32, the Shanghai Composite Index refreshed its high to 2196.38 points, while China Fortune rose by more than 8 points, and Kumho Group once again touched the daily limit.

At 9:33, the Shanghai Composite Index continued to refresh its intraday high to 2197.76 points, and the 'state-owned enterprise reform' concept sector index rose by more than 3.22%.

At 9:34, the Shanghai Composite Index hit 2,198.89 points, 2,200 points away from the rush, only 0.1% of the increase.

At 9:35, under the eyes of countless investors in the entire market, between the excitement and excitement of tens of millions of retail investors, and the billions of buying funds swept through the two cities, further scrambling to raise funds and follow the trend, the Shanghai Composite Index exploded rapidly, crossed the last point gap, and refreshed the intraday point height to 2200.54 points, and after more than 4 months, it regained its position at 2200 points.

After that, when countless people saw that the Shanghai Composite Index successfully crossed the 2200 points.

The sky-high amount of buying funds, further surges, and investors who are scrambling to raise funds and follow the trend are almost crazy.

And these sharp bursts of buying funds can be promoted......

At 9:36, after the Shanghai Composite Index crossed 2200 points, it continued to rise in a straight line, and in one minute, it was about to refresh the intraday high to 2208.98 points, an increase of more than 2.3%, and the core hot stocks in the two main areas of "infrastructure" and "state-owned enterprise reform" have also risen in a straight line, and the volume has exploded rapidly.

At the same time, the 'brokerage' sector, which has been hovering at a low level and is basically unattended.

There was also a sudden change, and many tens of billions of brokerage stocks rose in a straight line.

At 9:37, the Shanghai Composite Index refreshed its high to more than 2210 points, and the increase expanded to 2.5%, and the 'brokerage' sector collectively rioted, among which the leading brokers, Huaxin Securities, Huashang Securities, Huatong Securities, and Huatai Securities, rose by more than 2% in a minute or two.

However, the vast majority of investors in the market are excited.

I thought that the index had successfully stood at the 2,200-point mark, and the market would usher in another day of comprehensive volume gains.

At the same time, the selling orders of the entire market increased sharply, suppressing the buying funds from all walks of life and increasing positions in an instant, causing the index to fall back from the highest point of the session at 2213.37.

At 9:42, the Shanghai Composite Index fell below 2210 points.

At 9:43, the Shanghai Composite Index fell below 2205 points.

At 9:44, the Shanghai Composite Index once again fell below the important mark of 2,200 points and returned to below 2,200 points.

At 9:45, the Shanghai Composite Index further fell back to the 2195 position, and at the same time, the "brokerage" sector that had previously collectively changed was smashed back to the original point at the opening of the market by the sky.

At 9:48, the Shanghai Composite Index continued to fall back to 2191 points, erasing all the gains after the opening, and getting farther and farther away from the 2200 point mark.

At the same time, the market is exploding more and more stocks.

The core main line of leading stocks, such as Huaguo China Railway, Huaguo China Metallurgical, rose from the highest 7 points, fell back to around 5 points, and the market large capital inflow, in an instant, has changed from the previous large net inflow, into a net outflow state, the main advantage of buying, no longer exists.

At 9:50, the Shanghai Composite Index further fell below 2190 points and began to make up for the gap in early trading.

At this time, the selling orders of the entire market have completely suppressed the buying orders, and the hearts of the majority of investors, extremely high-pitched and excited emotions, instantly seemed to be poured with a basin of cold water, and in the stunned, it gradually cooled down.

(End of chapter)