However, just when everyone thought that the Shanghai Composite Index would continue to hit the 2,400-point mark upwards and further open up the market upside.

After the market enters 11 o'clock during trading hours.

The entire main line of 'infrastructure' and 'military industry' has begun to stagnate and fluctuate again.

Among them, the disk form of the stock of "Beijiang Jiaotong Construction" is very obvious, only to see that the check from the highest position close to the price limit in the intraday, gradually fluctuated and fell, and when it was close at noon, it fell back to the 5% increase mark, completely no longer in the previous strong state.

Eventually, at midday closing.

The Shanghai Composite Index fluctuated back to around 2385 points, while the ChiNext Index narrowed its decline.

In terms of the performance of the entire market, the core hot spots are still on the main line of 'military industry' and 'infrastructure', but compared with the wave of rapid upward trend before the morning and 11 o'clock, the divergence of the disk has increased, and the short-term profit sell-off has increased a lot, resulting in the market trend of the entire market has fallen into the intraday high shock sideways.

"I feel that the market is a little weak!"

After the close of trading at noon, the majority of investors in the market looked at the frozen two markets and sighed in their hearts.

"Yesterday was so fierce, today a short rest, it is normal, not to mention today's Shenzhen index, the gem index, the small and medium-sized board index trend, obviously dragged the legs, although the market is a seesaw effect of the market, but the deep index, the gem index, the small and medium-sized board index has been falling, the Shanghai index is not possible to strengthen independently."

"The fundamental reason is that the line of 'technological growth' is too weak, and if this line can stabilize sideways, the Shanghai Composite Index should be able to continue to break through."

"I don't think that the line of 'scientific and technological growth', and the two main lines of 'military industry' and 'infrastructure', is simply the situation of your life and death, if the line of 'scientific and technological growth' can remain sideways and stable, then most of the active capital flow in the market is impossible to concentrate on the direction of 'military industry' and 'infrastructure', so ...... Expectations are inconsistent, and I am afraid that the market divergence will be even greater, and it will be even more impossible for the Shanghai Index to continue to break through. ”

"The fundamental reason is that the short-term profit plate gathered yesterday is too heavy, coupled with the fact that the main line of 'military industry' and 'infrastructure' in the morning is too urgent, resulting in the active capital flow of the market gathering on these two main lines, which cannot continue to concentrate on undertaking and quickly consume many profit-taking chips, which led to the market shock and decline trend of the two main lines of 'military industry' and 'infrastructure' near noon."

"Indeed, the decline in the market near noon should be caused by the excessive short-term profit."

"Since the profit market is fleeing, will the market continue to fall in the afternoon, as well as the follow-up of the two core main lines of 'military industry' and 'infrastructure'?"

"There should be some pullback in the afternoon, right? However, the magnitude of the decline should be very limited. ”

"If the expected target is medium and long-term, this shock amplitude is not to be ignored at all."

"If you want me to say...... It is good to shake a little, clear a wave of short-term profit chips, and the chip structure of the entire "infrastructure" and "military industry" main line field will be more stable, and the subsequent continuous rise will be higher, in other words, the shock is not a bad thing, but conducive to the subsequent market evolution. ”

"Hehe, as long as the expectations of the two core main lines of 'infrastructure' and 'military industry' are still there, then all the shock pullbacks, looking back, will be a good buying point."

"The line of 'science and technology growth' is probably dead, you say that short-term profits are out, where can you go?"

"I don't know, but it's for sure...... These short-term profit funds from the fields of 'infrastructure' and 'military industry', in the case of not being able to find a better money-making effect plate and hot concept target, will definitely continue to chase back with the end of the two main line market adjustments of 'infrastructure' and 'military industry'. ”

"Haha...... Makes sense. ”

"As long as the logic and expectations have not changed, then shock casually and without fear."

"However, after the Shanghai Index broke through 2300 points, it only played such a little space, and it was a little weak to attack, and the two core main lines of 'infrastructure' and 'military industry' are basically gathering the active capital groups of the entire market to break through, but at present, the results are not very ideal, I think...... That also says something, right? For example, the current market capital is still insufficient, and it can't support the continuous breakthrough of the big market! ”

"The lack of funds in the market is an objective factor, but it is ...... It is believed that with the gradual expansion of the market's money-making effect, as the over-the-counter potential investor group continues to enter the market, the amount of funds in the market will have a fundamental change in the future, and the ecological structure of the equivalent energy will change, and the upward resistance of the market will be much smaller. ”

"I hope so! Otherwise...... The difficulty of the Shanghai Composite Index breaking through the above 2,500 points is really not ordinary. ”

"The strong rebound of the last round of the market is to stop at 2500 points, and after this round of sharp adjustments, the breakthrough power accumulated by the 'infrastructure' and 'military industry' is obviously greater than the previous round, so ...... It is optimistic that this round of the Shanghai Composite Index can break through the suppression of 2,500 points and really open up space upward. ”

"As long as the Shanghai Composite Index can break through 2,500 points, the market situation and confidence will really come."

"Yes, many potential investor groups outside the market are actually bulls under the right side of the opportunity, as long as the Shanghai Index completely breaks through 2,500 points, investors who are still hesitating outside the market will definitely compete to enter the long."

"Haha, it can be expected, it can be expected......"

"As long as Mr. Su's 'Yuhang Department' does not sell chips on a large scale at a critical time and keeps locking up positions to go long, the 2,500-point mark of the Shanghai Composite Index can be completely won."

"Mr. Su has laid out such a heavy position in the direction of 'military industry' and 'large infrastructure' this time, and in the short term, it should not be sold, right?"

"Definitely not, Mr. Su usually rarely smashes the plate."

"Even if it is a smashing plate, Mr. Su usually gives early warnings, so ...... What are you afraid of? ”

"It's not an early warning, but it will give everyone obvious profit margins, and they will usually smash the market and take profits, anyway, follow Mr. Su's 'wealth road' operation, it's always right."

"Indeed, compared to Mr. Su, the institution is really a spicy chicken."

"I still remember last week's Modu offline investment strategy meeting, and all large institutions frantically sang more about 'technology growth', hey...... Looking back now, what a slap in the face! ”

"Do you still need to be slapped in the face? Many agency managers have already rotten their faces. ”

"But now these institutions have begun to look back again, singing that Duosu always insists on the optimistic main line of 'infrastructure' and 'military industry', and even some more radical institutions have begun to look at the entire weight of blue-chip stocks, talking about the main line of investment opportunities of 'market value revaluation'."

"The concept of 'revaluation' sounds so familiar."

"Can you be unfamiliar? Institutions have been shouting for several years, shouting all the way, and the large-cap blue-chip stocks have been at a new low, but some time ago they suddenly shouted 'technological growth', so that everyone temporarily forgot about this stubble. ”

"But the current institutional group, in the entire blue-chip direction of the market, does not have many positions?"

"That's right, according to the annual reports of many stocks, in the current market, the direction of institutional holdings is mainly on the line of 'technology growth'."

"Then they shouted like this, didn't they raise their own cost of opening a position?"

"Shouting, I guess I want to compete with Mr. Su's 'Yuhang Department' for the right to speak on market forecasts!"

"Damn, could it be that in the past two days, the line of 'science and technology growth' has fallen so hard, and there is a great probability that it was smashed by these institutions that sang more about the main line of 'science and technology growth' before?"

"Don't doubt it, it's ironclad!"

"Hehe, is it inferred from reverse logic that on the core blue-chip stocks in the market such as 'infrastructure' and 'military industry', there are fewer institutional positions, but the potential for subsequent surges, and the trend will continue longer? After all, if an institution wants to adjust its position, it cannot be completed in a short period of time. ”

"Think backwards, so to speak."

"Then you don't have to care about the adjustment of the two main lines of 'infrastructure' and 'military industry' for a while, right? After all, if many institutions want to adjust their positions, they will rise sooner or later. ”

"It still depends on the line of 'technological growth', will it still deceive the corpse?"

"'Science and technology growth' line,Inthe" LETV "After the crash,The underlying investment logic has been collectively shaken,The foundation has been shaken,According to the logic of the positions of various institutions,'Technology growth'This line must be too dead to die,The possibility of defrauding the corpse is not large。

"Regardless of whether the line of 'scientific and technological growth' is blown up or not, 'infrastructure' and 'military industry' will be the absolute core main line of the market in the future."

"Agree, this is not just the blessing of Mr. Su's position, but that institutions have no choice if they want to increase their positions."

"In fact, in terms of the current market, the institutional group's position structure in the general direction of the blue chips of the entire main board, the more the Shanghai Index rises, the more they will panic, after all, the more it rises, the more it will be short!"

"According to this logical analysis, I feel that the market will really have a wave of short-selling market that lasts for a long time!"

"I hope that, after all, the market in the first half of this year is really miserable, and I really hope that the market in the second half of this year can replicate the market trend in the second half of last year."

"The main point of the market in the second half of last year was on the GEM index."

"This year, looking at this situation, there is a high probability that it will be reversed, from the '82 differentiation' to the '28 differentiation' pattern."

"Whether it is '28 differentiation' or '82 differentiation', it is always right to follow Mr. Su's 'wealth road' and the core main line of the market, even if it is short-term chasing high, the high probability is only in the cost of holding positions, there is no advantage, so as not to be trapped too deeply."

"Agree, in the case of limited market funds, it is safest to keep up with the core hot spots."

"The stock game market stage is not suitable for long-term stocks, and it is not suitable for buying the bottom, keeping up with the hot spots, it is indeed the safest, and the phrase 'the strong are always strong', in the financial trading market, will never be an empty word."

"Keeping up with the hot spots, it is better to keep up with Mr. Su's 'wealth road'."

"Agree, after all, as long as Mr. Su's 'Fortune Road' is located, it is where the hot spots of the market gather."

In the midst of extremely hot market discussions......

At noon, although the two main lines of 'infrastructure' and 'military industry' fell a lot in the last 30 minutes of the closing moment near noon in the morning, the core hot spots and discussion centers of the entire market are still completely focused on these two main areas.

As for the main line of 'technological growth', which was popular in the early stage.

Although the two major concept hot sectors of 'Internet finance' and 'e-commerce' were able to support tenaciously in the morning trend, and did not follow the panic and dive with other conceptual sectors in the field of 'technology growth', the overall bearish sentiment and the rapidly turning pessimistic expectation mood continued to breed at noon, and continued to ferment and spread in the hearts of the majority of retail investors.

At the same time, the market is on the news surface at noon.

The good news about 'infrastructure' and 'military industry' is also constantly being tapped out by investors.

On the other hand, the main line of 'technological growth',It seems that after the panic killing,Withthe"LETV's investment logic collapsed,A stubble of negative news,Under the excavation of the majority of investor groups,It has emerged in endlessly。

"Boss, this is the so-called stock price rise, all the good, the stock price falls, the whole is bad, right?" At 12:35 p.m., Yu Hang, inside Yuhang Investment Company, in the main fund trading room, Wang Can, who had already finished eating and returned to the trading room, observed the obvious evolution of the market's emotions, and asked Su Yu with a smile, "Sure enough, investors, they will hint in their hearts and automatically adjust their psychological expectations!" ”

Su Yu smiled and responded: "Seeking advantages and avoiding disadvantages, human nature, when a person is positive, he is always happy to see the good side and ignore the bad side, and when a person is pessimistic, he will always magnify the bad side, and subconsciously ignore the good side, the reaction of market emotions, its essence, is human nature." ”

"In fact, the two main lines of 'military industry' and 'infrastructure', the future expectations are not as good as everyone thinks."

"And the line of 'technology growth', the future expectations are not as pessimistic as market investors have expected at the moment."

"However, according to the inertia of our big A's market trend."

"No matter how the market sentiment reacts, or the stock price rises and falls, it will always go from one extreme to the other."

"This is why in our A-share market, the pendulum investment effect is so frequent, because in the case of market participants, the vast majority of whom are ordinary retail investors, driven by the nature of human nature to seek benefits and avoid disadvantages, extreme emotional performance is simply unavoidable, and natural extreme trends are very common."

"Moreover, it is because of extreme emotions that the market is usually irrational."

"Then, the opportunity for excess profits will also exist."

"This is the unique ecosystem of our big A, and it is also the unique trend evolution of the domestic market, if we want to survive in this market for a long time, and even want to go further and grab more profits, then ...... It is necessary to respect and adapt to this ecology and understand the nature of this trend evolution. ”

"However, although the sentiment of the line of 'technological growth' is collapsing rapidly, and the pessimistic investor group of this line is increasing rapidly, the ......" in Su Yu's analysis, Li Meng continued, "The overall investment sentiment and investment confidence of the entire market are obviously improving, and according to the feedback and discussion of various investor groups in the market, there are still more people who can make money in the market than those who lose money, which shows that the overall money-making effect of the market is still slowly expanding. It also shows that the overall trend of the market is developing in a good direction, and it also shows that there is nothing wrong with the main line of the market that we lead to break through. ”

"Hmm!" Su Yu nodded and said, "You are right, in essence, as long as there are more people who make money than lose money in the market, it means that the market's money-making effect is expanding, and the continuous expansion of the money-making effect will inevitably attract more potential investors from the OTC market." ”

"And more potential off-market investors are coming in."

"It is bound to bring more incremental funds in the market, which will further stimulate the market and promote the market to further break through."

"From the current point of view......

"In general, the market is developing in a good direction, and it has entered a virtuous circle of ecology, so ...... Many of the expectations we envisioned should be achievable. ”

"What was expected before......" Hearing that Su Yu's eyes gradually brightened, Wang Can's heart was instantly excited, and asked, "What does that mean...... The pattern of the bull market, what is the probability of becoming a bull market? ”

(End of chapter)