"It's high open again!"

At 9:16, Yu Hang, inside Yuhang Investment Company, in the main fund trading room, Li Meng observed the changes in the market and frowned: "The market volume is not good, the confidence is not low, this kind of high opening situation, I am afraid that not only can not be continued at all, but also will increase the selling pressure of the market." ”

"A natural reaction to market sentiment." Su Yu took over and said, "The index opened high, which is in line with the expectations of investors under the mood brewing over the weekend." ”

"Of course......"

Su Yu paused, and said: "What you just said is also true, at this time, the index is high, and there is no sustainability, the market will continue to go according to the inertia of the trend, and the main speculation funds that are still active in the field will not change their strategies because of this short-term emotional recovery and market favorites." ”

"Then it is estimated that today is a situation of opening high and going low again." Liu Yuan interjected.

"No matter what kind of trend, it shouldn't affect our position building plan." Wang Can also answered, "The 'military' sector, looking at the opening of the call bidding, I feel that its overall performance is weaker than last Friday, and the buying power undertaken by the disk is completely suppressed by the selling." ”

"The selling pressure of the 'military' sector is indeed significantly heavier than the entire market in terms of performance." Zhao Lijun observed the performance of the two markets for a while, took over the conversation, and continued, "But this is understandable, after all, this sector has buried a lot of hype funds chasing high in the last trading day, and now these funds have found that this sector does not have any continuous money-making effect, and they have sold off and are also cleaning up." ”

"Isn't that what we want?" Zhu Tianyang replied with a smile.

"I think it's better to see the trend of the official trading stage after the call auction ends." Zhang Guobing thought about it and said, "Although the market is open high, as a whole, it is not sustainable, and there is a high probability of opening high and going low, but the line of 'military industry', the amount of selling can not be expanded, which shows that the two main funds on the disk that followed us together in the early stage have not taken action at present, and if we do not wash out these two main funds, we will still have great concerns and hidden dangers in the position building plan of this line." ”

"What do you think...... On the market, how can these two shares of funds be washed out? Su Yu asked with a smile.

Zhang Guobing thought for a while and said: "It's not difficult, in our current hands, the amount of chips on the 'military industry' line, although it has not yet reached the point of completely controlling the market trend of this line, but in the key trend, it can still be done to influence and stimulate it." ”

"If the next market, as we currently expect, continues to open higher and move lower."

"The remaining bullish sentiment in the market will undoubtedly be strangled again."

"Similarly, when the market investment sentiment returns to the atmosphere of full catharsis of bears, the active speculation funds in the market will undoubtedly continue to ebb and flow."

"The main funds of speculation are ebbing, and the market-making effect continues to be sluggish."

"In addition, the market has shown a less-than-expected trend again and again under the stimulus of good news."

"I expect the panic sell-off to be repeated."

"If such a panic sell-off situation in the intraday does reappear, then we only need to concentrate on selling some of the 'military' chips in our hands at this node where the mood completely collapses, and after all, we can completely kill some of the main funds that are still lurking on this line and are unwilling to exit."

"Trap and kill!" After listening to Zhang Guobing's analysis, Su Yu understood, pondered for a moment, and responded, "It's a good way." ”

"Mr. Su thinks it's feasible?" Zhang Guobing was appreciated by Su Yu and looked very excited.

Su Yu responded with a smile: "Why can't it be done? ”

"I'm afraid the market won't go exactly the way we expected." Li Meng said, "This kind of 'baiting and killing down', the timing node in the intraday, is quite important, and it requires the emotional cooperation of the market itself, otherwise, it will ...... It is very likely that we failed to kill the handicap, but lost our chips in vain. ”

Su Yu bowed slightly, and said: "At this time, any pre-eucalyptus analysis is reasonable, as for whether it can be realized, then we can only wait patiently and see if there is an opportunity." ”

After speaking, he turned his gaze back to the trading board of the two markets again.

At this time, the market trading time has passed 9:20, and after the initial call auction process, the two cities have transferred to the real call auction link that cannot be cancelled.

Unlike the period from 9:15 to 9:20, the overall strength of the market is shown.

At this moment, the market performance has been compared to the market at the moment of 9:15, the overall decline has fallen a lot, the entire two city industry sectors, only "communication technology", "electronic information", "Internet applications", "film and television media" and other six or seven industry sector indexes, maintain a red state, the rest of the industry plates, either to remain flat, or a slight decline, the overall strong state, is no longer there.

Among them, the main areas such as finance, military industry, venture capital, infrastructure, and state-owned enterprise reform were once performed last Friday.

At this moment, they have all become the main line areas that lead the decline in the market call auction, and the related industry sectors and concept sectors are extremely weak, and there is basically no obvious main capital buying attention.

And in addition to the overall performance, the performance of popular stocks in the market is also relatively weak.

The two cities pay attention to the top 20 popular stocks in the heat ranking, the low opening occupies the majority, but the strong high open, with the main buying to undertake the popular stocks, only a few carry the resumption of good trading, among them, such as 'Shanghai Sanmao, Beijiang Jiaotong Construction, Beixin Road and Bridge' and other popular stocks that have been hyped in the early past, are more than 1% lower than 1%.

"Looking at the performance of this collective bidding, the direction of the main funds in the market has jumped to the field of 'smart phone industry chain' and 'mobile Internet'." At 9:22 a.m., in the Shenzhen market, inside Xinniu Fund Company, in the main fund trading room, Mu Zhengxing, the trading team leader who has been observing the market trend, said, "Overall, there is still no continuous main line market birth, on this set auction performance, if the market wants to have a better trend performance today, it is estimated that it is enough." ”

Fund manager Fang Xinsheng bowed slightly and responded: "Looking at this, the index has obviously begun to be immune to the market, and the expectations of the majority of investors in the market are gradually decreasing. ”

"Indeed, the good is not rising, and the bad is falling sharply." Mu Zhengxing answered, "This should mean that the market has entered the second half of the adjustment stage, right?" ”

Fang Xinsheng said: "It's hard to say, look at how the market sentiment will be interpreted after the opening!" ”

"Hmm!" Mu Zhengxing nodded, then thought about it, and said, "Mr. Fang, what is the logic followed by the transfer of funds into the field of 'smart phone industry chain' and 'mobile Internet' today, the main board can't be lifted, and you want to transfer to the small and medium-sized board and the gem to do the market, slowly accumulate emotions, and look for a sustainable hype main line that can be accepted by the market?" ”

Fang Xinsheng thought for a while and said: "I don't think it's that complicated, I feel that the speculation funds that are still active in the field follow the underlying hype logic, or the words 'super fall rebound'." ”

"Super fall rebound!" Mu Zhengxing sighed, "The active funds in the market rely on this line of speculation, so today's market is destined to be even more hopeless." ”

Recently, the market has been in a good situation again and again, opening high and going low, and continuously falling.

This has forced the active investor groups on and off the market into frightened birds.

In this case, if there is no clear continuous money-making effect in the field, and there is no clear main line hype goal, then these active capital groups that have become frightened birds and have temporarily withdrawn from the market will not decisively follow the trend and step in, and without an effective incremental follow-up capital group, it is simply impossible to activate the overall market market and get out of the situation of holding high and fighting high.

"The hype sentiment in the market, as well as the active main speculative capital group, has continued to decline." Fang Xinsheng responded, "At this time, relying on the line of 'over-falling rebound' to constantly rotate the market, speculative funds may still eat a bite of profits, if you really concentrate on attacking a certain main line, then I am afraid that you will die more miserably and go deeper!" ”

Mu Zhengxing said: "No, right? I feel that whether it is the two core main lines of 'infrastructure' and 'state-owned enterprise reform', or the main areas of the cycle such as 'Internet finance', 'big consumption', 'big finance' and even 'nonferrous metals' and 'coal', they are basically all in the low range at the end of the adjustment, I am thinking...... If the market can really form a concerted force on one of these main lines, maybe the market can bottom out here and form a reversal trend. ”

"The low range is always a range." Fang Xinsheng replied, "How big is this range, in the process of market investment sentiment and the expectations of the majority of investors in the market are decreasing step by step, no one knows the real bottom, in which position, for example, Huaguo Petroleum's check, from the top of 48 yuan down, cut in half and then cut in half, the position of 12 yuan, under the conditions at that time, both valuation and market value, are low enough, right?" ”

"At the time, it should be considered the low range you expected, right?"

"But who would have thought that at this so-called bottom position, the stock price will continue to halve, and even fall by another 70%?"

"The so-called limit valuation is actually a fallacy."

"If we want to live longer and achieve more achievements in the field of financial trading, we must not simply guess the top and bet on the bottom, but must follow the market trend and market sentiment."

"At the moment, none of these speculative fund groups who are still active in the field are stupid."

"Let's not talk about the main line areas you just mentioned, how much capital is needed to trigger the market and create a continuous money-making effect, just these lines, which one is currently supported by solid hype logic? All of them are more or less lacking in some hype, right? ”

"Relative to these market main lines, ......"

"In fact, the current line of 'over-falling rebound' is the only hype area suitable for these residual speculation funds to carry out speculation."

"Only by hyping around this line, the selling pressure on these funds will not be so great."

"What Mr. Fang means is actually the market situation, and existence is reasonable, right?" Mu Zhengxing thought for a while and responded, "There is a reason for underestimating, and there is a logic of overestimation. ”

Fang Xinsheng smiled and said, "If we want to make money in the market, we have to understand the market like this." ”

"But according to this understanding, when the market trend continues, it is okay, once the market style suddenly turns, then our reaction, I am afraid there will be a lot lag." Mu Zhengxing said, "After all, the market trend will not be static, I think there must be a certain forward-looking judgment and expectation." ”

"Forward-looking pre-analysis and judgment are definitely needed." Fang Xinsheng nodded and responded, "But this does not affect the views I just said, in the financial trading market, the so-called one step ahead is a legend, two steps ahead is a martyr, forward-looking pre-eucalyptus analysis can have, can avoid blind guessing, copying the bottom, but it is also absolutely important." ”

"One step ahead is a legend, two steps ahead is a martyr!" Hearing this, Mu Zhengxing's eyes faintly flashed brightly, and he said with a smile, "It's really appropriate, it's true...... In the financial trading market, the difference between life and death is the difference between life and death. ”

Fang Xinsheng smiled and nodded: "It's good that you understand, in fact, this is also a difference between the choice of a left-hand opportunity and a right-hand opportunity." ”

"Hmm!" Mu Zhengxing replied, stopped asking, and turned his gaze back to the trading boards of the two cities.

At this time, the market trading time had slipped to 9:25, and the two markets were frozen again after ten minutes of call bidding.

And in the performance of the two markets.

The Shanghai Composite Index finally fixed at 2258.59 points, up 0.21%, while the Shenzhen Index and the ChiNext Index rose 0.32% and 0.39% respectively.

As for the performance of the industry sectors and concept sectors of the two cities in addition to the index.

'Smartphone industry chain', 'mobile Internet' two main areas related to the industry sector, the concept of the sector rose in the front, its related core components of the stock disk, there are traces of speculation capital attack, and this is also the opening performance, the Shenzhen Index and the ChiNext index is slightly stronger than the Shanghai Index.

In addition to the two main lines of 'smart phone industry chain' and 'mobile Internet'.

The rest of the main line of the market, which had a slight performance in the early stage, as well as its major main line related industry sectors and concept plates, did not show a satisfactory trend, either following the index fluctuations, or opening slightly lower, and did not show any continuous money-making effect at all.

Of course, in a number of weak market lines.

The main lines of 'infrastructure', 'state-owned enterprise reform', and 'military industry' are particularly tragic.

Not only the core constituent stocks of the related industry sectors and concept plates, but also the main funds on the disk, all of which showed an outflow state, and the decline was relatively large.