"No, Mr. Qin, let's sell like this, the speed of reducing positions is too slow."

Zhou Hui saw that the disk of the 'military industry' line, the number of buying orders that he took the initiative to undertake was getting lower and lower, and after the market fell into a liquidity dilemma, the main selling orders that competed with them were more and more, so that even if they were the main sellers at the market price, they kept selling, and they couldn't reduce much of their chips in a short period of time, and couldn't help but say urgently: "Otherwise, let's directly play a huge big order to maximize the liquidity of the market, so that the reduction of positions should be much faster." ”

"Huge orders go straight down?" Qin Qiuyue was stunned for a moment, and said, "Doing this will completely destroy the entire disk, and the liquidity of the disk will be further depleted." ”

According to her observations, they focus on the stocks they have built on the line of 'military industry'.

Such as Huaguo Heavy Industry, Huahang Electromechanical, Huahang Optoelectronics, Hangfa Power, Huaguo Great Wall, Hangfa Technology...... Waiting for tickets, although the circulation is not small, but the intraday turnover, the average is about 100 million to 300 million, and now there are only more than 20 minutes left from the close, even if they go all out to kill the fall, competing for disk liquidity, compared with the market value of these stocks of 70 or 80 million, hundreds of millions of position chips, how much more can they lose?

What's more, taking the initiative to kill the market sharply downwards will also quickly expand the loss of their own positions.

Basically, it's kind of shooting yourself in the foot.

Therefore, such a trading strategy, for a while, made her extremely hesitant.

"But the market has collapsed." Zhou Hui continued, "If we don't do this, other main intraday funds will concentrate on the fall, and the results of the market trend will still be the same." ”

And it is indeed as Zhou Hui said......

Between the simple communication and hesitation of the two, within 2 minutes.

The market trend of the whole market is obviously worse, the Shanghai Index fell again to around 1.5%, once again touched the 2220 point mark, at the same time, the Shenzhen Index, the small and medium-sized board index, the ChiNext index of several major indexes, is also rapidly expanding.

The 'military industry', which has obviously been completely abandoned by the main funds in the field, has performed even more miserably, and the plate index has fallen by about 3.75% at the moment, such as Huaguo Heavy Industry, Huahang Electromechanical, Huahang Optoelectronics, Aviation Power, Huaguo Great Wall, and Hangfa Technology...... A number of core constituent stocks, the decline on the disk is even more straight to 7%, and even several constituent stocks such as Beihua shares, aerospace Changfeng, Hongdu Airlines, etc., have been sold off funds and blocked on the fall limit.

Of course, at this moment, the performance of a number of industry sectors and conceptual plates related to the two core main lines of 'infrastructure' and 'state-owned enterprise reform' is also miserable, among them, several core constituent stocks such as Beixin Road and Bridge, Huaguo Metallurgical and Huaxia Happiness are also sealed on the fall limit.

"Okay!" Seeing that the market is indeed getting worse and worse, and the remaining trading time is indeed running out, and at the same time, according to the original plan, their intraday position reduction is far from meeting expectations, so ...... Qin Qiuyue hesitated slightly, then gritted her teeth and issued a huge selling order to take the initiative to kill the fall, and said to Zhou Hui, "In this case, then according to what you said, take the initiative to kill the market and strive to grab market liquidity." ”

Zhou Hui got Qin Qiuyue's consent and hurriedly responded.

Then, he turned around and quickly issued an order to all the operating traders in the trading room to concentrate on killing and selling.

With such trading instructions, conveyed to each trader, in the next ten seconds, millions and tens of millions of funds of continuous main selling and selling, quickly emerged on the "military" line of many core constituent stocks on the disk, causing its related stock prices to plunge and slide again.

Subsequently, at 2:44, the 'military' sector fell, from around 3.75%, directly breaking through the 4% mark.

The next moment, at 2:45, the stock of Huahang Electromechanical was directly sold by a huge amount of orders instantaneously, smashed to the position of the fall limit, and completely lost liquidity.

"Mr. Su, the panic chips on the line of 'military industry' should all be smashed out."

At the same time, Yu Hang, Yu Hang Investment Company, in the main fund trading room, has been observing the market, and at the same time following the trend of selling, Zhao Lijun hurriedly said: "And we focused on Huaguo Heavy Industry, Huahang Electromechanical, Huahang Optoelectronics, Aviation Power, Huaguo Great Wall, Hangfa Technology...... These stocks are particularly heavy on the market, which should show that the two main funds that competed with us before have also been sharply cut down. ”

"The check of Huahang Electromechanical can also be smashed to the limit." Li Meng also answered, "I think it should be about the same, in this situation, we don't need to follow the trend anymore, right?" ”

Follow the previously developed trading strategy.

Su Yu's so-called purpose of 'baiting and killing down' is to be able to get more low-level cheap chips on the line of 'military industry', and at the same time wash out the two main funds that were competing with themselves on the board before, and now, ...... With the total collapse of the main line of the 'military industry' and the loss of liquidity, this goal has been achieved.

In this way, there is no need to continue to follow the trend and kill the market and waste the chips in your hand.

Su Yu heard Li Meng's words, and said with a slight bow: "The market is killing faster than I expected, according to this trend, the relatively active main lines in the market, such as 'military industry', 'infrastructure', 'state-owned enterprise reform', and 'Internet finance', are basically approaching the last fall." ”

"Since the panic selling situation in the market has been fully formed."

"And the strategy of 'baiting the market and killing the fall' has also worked, achieving the goal we expected."

"Then change the strategy in time, resell it to buy, restore the original rhythm of opening positions, or the same sentence, stare at the market and sell the market passively, don't palletize, don't pull the plate, and be more cautious to avoid stocks that may be on the dragon and tiger list, and avoid exposing our motives in advance."

"Okay, got it!" With Su Yu's instructions, in the trading room, all the trading team leaders responded in unison.

Subsequently, without waiting for Su Yu's instructions, several trading team leaders quickly conveyed the corresponding trading instructions to the traders under their management, quickly changed their previous strategies, and in the last 15 minutes of the end of the session, they swept up the core stock chips in the main line areas of 'military industry', 'infrastructure', 'state-owned enterprise reform', and 'Internet finance', and quickly added the positions that were reduced in the intraday.

Due to their aggressive sweep and undertaking.

In the last 15 minutes of trading, the Shanghai Composite Index refreshed its intraday low to 2214.31 points, and then ushered in a wave of rebound.

Finally, at 3 p.m., the moment when the two markets closed.

The Shanghai Composite Index regained the 2220 point mark, fixed at 2223.11 points, down 1.48%, of which the Shenzhen Index and the ChiNext Index fell 1.33% and 1.21% respectively.

However, it is different from the sharp decline of the index.

Today's performance of the two markets, compared with the previous few trading days, there are obvious signs of volume, the total turnover of the two cities reached 120.369 billion, returning to the 120 billion turnover mark, and at the same time, more than 10 billion more than last Friday's trading day.

Such a turnover performance not only shows that in the mood brewing over the weekend, the attention of the investor group to the market has increased, but also shows that some of the hedging chips precipitated in the market have finally been unable to bear the torment in their hearts and began to cut their positions and stop losses under the continued trend of the market falling short of expectations.

And in addition to the performance of the index and the market volume.

In the overall main lines of the two cities, as well as the performance of various industry sectors and concept plates......

I saw that in the strong rebound of the market in April and May in the early stage, the two main lines of 'mobile Internet' and 'smart phone industry chain', which have been without performance, have shown obvious signs of recovery today.

Among them, on these two core main lines.

The two major industry sectors of "film and television media" and "electronic information" finally maintained the red plate, closing at 0.89% and 0.63% respectively, and in its sector, the core constituent stocks, Changqu Technology, Changying Precision, and Huayi Brothers, finally closed out of the daily limit, becoming one of the few natural relay stocks in the two cities.

As for the two core main lines of 'infrastructure' and 'state-owned enterprise reform' that have collapsed the market today, as well as the main line of 'military industry', which has been completely abandoned by the main funds.

The three core main lines all started with a plummet.

Among them, the 'military' sector index ranked first in the list of industry sector decliners in the two cities with a decline of 4.33%; With a decline of 3.88%, the 'real estate' sector index ranked among the top decliners in the industry sectors of the two cities; The two major sector indices of 'building decoration' and 'building materials' ranked third and fourth in the list of industry sectors in the two cities with a decline of 3.63% and 3.62% respectively, which can be said to be in no particular order.

The performance of several mainline-related industry sector indices is so miserable, and naturally the performance of its related core hot stocks is not much better.

I saw a few popular stocks that were overhyped in the early stage.

Such as Beixin Road and Bridge, Beijiang Jiaotong Construction, Shanghai Construction Engineering, Huaxia Fortune, Huaguo Metallurgical ...... and many other stocks, at the time of closing, were all sealed on the fall limit board without exception, among which the intraday turnover of Huaguo MCC was as high as 760 million, which was significantly greater than the average intraday turnover of many trading days in the previous period.

At the same time, as a stock that really leads the market trend at the key trading nodes of the market.

Everyone's attention to it can be said to have gone all the way up, and by the time the fall limit closes, it has become the most popular stock in the market today.

Faced with such a closing situation......

The vast majority of the countless investor groups who follow the market on and off the market are disappointed.

After all, the weekend is so good market sentiment, the peripheral market is so good that the market trend is stimulated, everyone thinks that today's market will have a relatively good trend, not to mention following the peripheral market, out of the continuous skyrocketing trend, at least it should not be this kind of plummeting situation.

"Hey, stumbling, stumbling!"

After a brief review, some people sighed helplessly among the retail investor groups gathered in the discussion area of the trading platform and the online investment forum.

"As soon as the K-line trend came out last Friday, I knew that most of it was a downward relay, and sure enough, today the market continued to hit a new low in the stage of adjustment, and it was also a trend of a massive plunge, it is estimated that tomorrow and the day after tomorrow, the Shanghai Index is really going to directly test the 2200 point mark."

】

"To be honest, I really didn't expect the market to be so weak today."

"Actually, the trend in the morning was quite good, and at one point I thought it was going to be a deep V reversal, but I didn't expect it to be ......"

"All of them were collapsed by the check of 'Huaguo MCC'! Originally, during the opening of the afternoon session, the two lines of 'mobile Internet' and 'smart phone industry chain' could obviously drive the market, and almost pulled all the major indices of the market red, but I never expected that the flash crash of 'Huaguo MCC' directly led to a comprehensive avalanche of the market. ”

"With his own strength, he will bring down the overall situation, and what he is talking about is the check of 'Huaguo MCC'."

"Who smashed the 120,000 hands?"

"I don't know, but this check, there will be data on the Dragon and Tiger List today, and we'll know later."

"Hey, in fact, today's trend, it's a pity, if it weren't for the sudden flash crash of 'Huaguo Metallurgical', the market would have become."

"It's too much to smash the money of the check of 'Huaguo China Metallurgical'."

"However, today's market, although it is very miserable on the whole, but locally, there are actually bright spots."

"Yes, at least the two major 'mobile Internet' and 'smart phone industry chain' last year, as well as the core main line that was heavily hyped by the main funds of the market at the beginning of the year, have stood up again today, and have vaguely driven the market and repaired the traces of emotion, if nothing else...... The follow-up two lines should still be performant. ”

"I also think these two lines performed well today."

"If these two main lines can come out again to drive the market, maybe the previous 'Shanghai is strong, deep and weak' market style will be changed again, right?"

"If the two main lines of 'mobile Internet' and 'smart phone industry chain' are up, the market investment style is likely to be re-converted, to be honest...... 'infrastructure', 'state-owned enterprise reform' and other traditional areas of the big guys can have any hype value? It is very likely that the 'growth stocks' of emerging industries will be the absolute main line in the future. ”

"I also think the opportunities for small-cap growth stocks are much bigger than for large-cap stocks."

"There's no doubt about that at all, okay? Look at the performance of the two main lines of 'mobile Internet' and 'smart phone industry chain' today, and then look at the performance of the two main lines of 'infrastructure' and 'state-owned enterprise reform'. ”

"Indeed, the gas faucet is not as good as a dog, the market is dynamic, and the two main lines of 'infrastructure' and 'state-owned enterprise reform' have indeed been completely abandoned by the main funds of all parties in the market."

"The main board is some big guys, and pulling the main board can't drive sentiment and market sentiment, if the main funds in the field are smart, the follow-up will definitely return to the small and medium-sized board, the gem-based 'growth stocks' speculation field."

"Let's not talk about the main line switching, where the index has fallen is a head, or is it a question?"

"Look at whether the market shrinks tomorrow, if the market shrinks again tomorrow, I estimate that today's fall is the last fall of the market, if the market does not shrink tomorrow, or continue to increase the volume, it is difficult to say, at least the 2200 points below the support level, will not be very optimistic."

"It's outrageous to put so much in the market today!"

"It's not outrageous, the market sentiment has completely collapsed, and naturally the trap that could not be precipitated before has all poured out."

"If it weren't for the flash crash of this check, the Shanghai Index might be able to make a red plate today, and it would definitely not be the trend of this comprehensive avalanche."

"Well, that's true!"

"Just because of the check of 'Huaguo Metallurgical', the stocks that Lao Zi chased after in the afternoon were set again."

"'Huaguo Metallurgical' is definitely the culprit of today's market crash, I really want to see what is sacred to smash this stock today."

"It's probably the institution that locked up the market before, right?"

"Aren't the institutions trying to sing more in the major financial media? Is this still a smash? ”

"Singing long with one hand, smashing the market with the other hand, and selling short stock index futures at the same time, this is the standard configuration of institutional operations, do you really believe that these institutions will spare no effort to lift the market index up, really believe what they call the bull market? That's just a lie to attract new leeks to the market. ”

"Institutions and investment advisory experts in these years, don't believe a word."

"Believe in yourself, it's true!"

"I am responsible for my own money, anyway, even if I lose my money, I will not use my money to buy the fund products managed by these guys."

In the fierce discussion of many retail investor groups, the hands of time quickly slid forward, and before you knew it, it was 5:30 p.m.

In the midst of all the attention, the list of dragons and tigers in the two cities was refreshed.

I only saw Beixin Road and Bridge, Hongdu Aviation, Changqu Technology, Changying Precision, and Huaxia Happiness...... and a number of popular stocks on the list, and as expected, attracted the attention of market investors, and the culprit of today's collapse of the market, the check of "Huaguo China Metallurgical", also won the list of dragons and tigers.

"Damn, it's not the plate smashed by the institution!"

When 'Huaguo MCC' boarded the list of dragons and tigers and successfully disclosed the buying and selling seats, when they saw the disclosed selling seats, not only the vast number of retail investors in the whole market completely exploded, but even in the main group of Yuhang Youzi where Su Yu is located, the elders of Yuhang Youzi also showed shocked looks.