"Is this the end of the adjustment?"

Seeing the Shanghai Index refresh the intraday high, while the weak Shenzhen Index, the Growth Enterprise Market Index also turned red, whether it is'Science and Technology Growth' the whole main line, or'LETV' are under the effect of a large number of bottom-buying funds, forming a more profitable rebound trend, at this moment, 9:40, Yuhang, Jingda Investment Internal, the main fund trading room, the company's general manager Gu Chijiang stared at the changes in the two markets, and his heart was somewhat stunned: "It doesn't make sense, the market adjustment space and time, it stands to reason that it is obviously insufficient, Why do you continue to break through? ”

"It's just that the two main lines of 'military industry' and 'infrastructure', as well as the core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises' are refusing to adjust." Standing beside Gu Chijiang, Lin Tingzong, who was also staring at the big screen in the trading room and observing the two markets, responded, "The main line of other traditional fields, as well as the main line of 'scientific and technological growth', is actually still in the adjustment stage. ”

"But ......"

Lin Tingzong paused, thought for a while and continued: "Market funds have further gathered in the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'. ”

"However, at this time, the market has not completely stabilized in the main line of 'scientific and technological growth', and many other traditional main line stocks have not been further driven by the two main lines of 'military industry' and 'infrastructure', as well as the core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'."

"The momentum for several major indices in the market to continue to break through is still lacking."

"I estimate that in the next few trading days, the market will still maintain the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises' These core concepts are the main market performance of the shock trend, and the index will most likely continue to fluctuate around 2400 points, waiting for the real reversal of market volume."

"It's just in this overall volatile market pattern."

"The two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'On the Road of the New Era, the Maritime Silk Road', and the 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', are a number of weighted stocks and popular concept stocks in the core concept theme areas, I am afraid that they will still follow the upward trend and slowly go up all the way, refusing to adjust."

"After all, in the market, there are more and more funds that are optimistic about the market in these major main areas."

"And most of these funds have not yet entered the market."

"This has caused these main lines, in the current position, the upward momentum is very strong, and the downward adjustment space is basically blocked by all kinds of funds."

In fact, according to the actual trend of the market, this is also true.

In recent trading days, to the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', the main line of the main line of the theme has fully exploded.

"Therefore, we must not hesitate to promote the two main lines of 'military industry' and 'infrastructure', as well as the core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', right?" Gu Chijiang glanced back at Lin Tingzong and said, "Old Lin, do you feel that the resilience of our big A is getting stronger and stronger?" ”

Lin Tingzong nodded and responded: "Since the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'On the Road of the New Era, the Maritime Silk Road', The main line of the reform and reorganization of central enterprises and state-owned enterprises refuses to adjust, and the corresponding main line is expected to be expanding, and there is no room for downward adjustment. ”

"As for the recent market trend of our big A, the resilience is getting stronger and stronger......"

Lin Tingzong pondered for a moment before continuing to respond: "That's true, I feel that A-shares are indeed a little bit free from the influence of external trends, and have the will and form to strengthen independently." ”

"Compared with the general market characteristics of A-shares in the past, what do you think is the fundamental reason for the recent changes in the market?" Gu Chijiang asked, "Is it from the strong positive stimulus from the macro policy, or is there a large amount of money in the maintenance of the market, or the two main lines of 'military industry' and 'infrastructure', as well as the future expectation of the main line of the core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', which has brought good future expectations to the entire market, so the form of smuggling has completely changed?" ”

Lin Tingzong thought for a while and said: "The two main lines of 'military industry' and 'infrastructure', as well as the core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', are expected to expand in the future, which has brought good future expectations to the market, resulting in a significant increase in market investment sentiment and risk appetite, and there must be reasons for this." ”

"However, a short-term change in expectations alone should not be able to support the market."

"After all, the landing point of stock prices, as well as the short-term market trend of the market landing, the most fundamental thing, is still capital, only the unanimous joint force of funds, can form this so-called market resilience."

That is...... The fundamental reason is that the current capital side of the market has changed significantly compared with before. ”

"There has been a significant change in funding?" When Gu Chijiang heard Lin Tingzong's words, his eyes gradually became excited, and he said with a smile, "Old Lin, you go on." ”

Lin Tingzong nodded, and then continued: "Since the Shanghai Index broke through 2,300 points, in fact, although the index has not risen much, the overall market's intrinsic money-making effect has continued to expand, and with the continuous expansion of the market's money-making effect, as well as the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', the hype sentiment gathered in the areas of the core concepts is actually ...... A large number of potential investors outside the market are continuing to enter the market to go long. ”

"It's just that because the market didn't have a strong upward breakout, it didn't inspire more turnover."

"In addition, after the market broke through from 2300 points, the trading time experienced is not very long, and the incremental funds entered have not been qualitatively changed by quantitative changes, and our perception is not very obvious and clear, but this cannot change the fact that the incremental funds in the market have been continuously increasing."

"But even if you can't clearly perceive it, the corresponding traces, if you look closely, can still be found."

"For example, the A-share market we just mentioned, in the case of continuous adjustment of the external market, the trend resilience has become greater, and many core stocks are easy to rise and fall, which are some traces of the continuous entry of incremental funds."

"It was said before that the market would fall for a long time, but that was only under the pattern of stock games."

"Now, the market is gradually beginning to enter the incremental era, and the market investment logic and trading rules that follow will be adjusted."

"The Incremental Era." Gu Chijiang pondered for a moment and replied, "If this trend of capital increment can be further expanded, then the market will ...... Is there a basis for a 'bull market'? ”

Lin Tingzong responded: "Theoretically, this must be the case, but whether the basic logic of the 'bull market' and the market's general expectation of the 'bull market' can be achieved, and whether the final market can invest funds under this 'bull market' expectation to form a consistent joint force in the market and finally promote the rise of the market, we need to carefully observe for a while before we can confirm it." ”

"Got it!" Gu Chijiang nodded, "The foundation and logic of the corresponding 'bull market' are constantly brewing and developing, but the real 'bull market' starts, the current form is not very clear, and we need to continue to wait to see if there are any expectations in this regard." ”

Lin Tingzong nodded and said, "Yes, that's it. ”

"But...... Regardless of whether the current market shows traces of the future 'bull market', and whether the overall market expectation will change in the direction of the 'bull market', we rely on the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', which are the main areas of the core concepts to make real estate investment. ”

"After all, a bull market can only be felt after the market comes out."

"Before the market and the index come out, our investment expectations and investment strategies can only follow the core main line of the market."

Gu Chijiang bowed slightly, and responded: "This is also true, the financial trading market is changing rapidly, thinking too far, it seems that it is really unnecessary, okay...... In this case, let's hurry up and continue to increase our longs, regardless of whether there is a 'bull market', first get the most core and most profitable main line chips in the current market. ”

Lin Tingzong quite agrees with this.

Therefore, since we have clarified the development logic of the market and the direction of the investment strategy, I will not say more, turn around and continue to instruct the traders, so that they do not need to care too much about the cost of entering the market, place orders to increase their positions as soon as possible, and fill the expected positions and target stock chips as soon as possible.

And with the rapid increase of the institution 'Jingda Investment'.

In the market, the overall market is still drifting to the two main lines of 'military industry' and 'infrastructure', as well as the core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'.

Overall......

That is, although the overall increase of several major indices in the market is not large, the money-making effect of the market is still in a relatively strong atmosphere.

"Hey, the two main lines of 'military industry' and 'infrastructure', as well as the main capital performance of the core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', have been a substantial net inflow, but ......"

At 10:15 a.m., when several major indices in the market have all turned red, and nearly 2,000 stocks in the entire market, nearly 1,400 red stocks have risen, Modu, Zexi Investment Company, the main fund trading room, Zhou Kan stared at the market with both eyes, and said in surprise: "However, the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', ' The main line of the core concepts of the reform and reorganization of central enterprises and state-owned enterprises has not formed a certain capital siphon effect on other main concepts of the entire market and the line of "scientific and technological growth", which ...... It's really weird, it stands to reason that the market shouldn't be this form of expression. ”

"Not strange." Xu Shen next to Zhou Kan said with a smile, "This shows that the two main lines of 'military industry' and 'infrastructure', as well as the incremental undertaking of funds in the core conceptual theme areas of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', are not completely from other traditional main line areas, as well as the main line of 'scientific and technological growth', but a considerable part of the over-the-counter incremental funds play a role in it." ”

"It is precisely because there are a lot of over-the-counter funds to enter the market."

"Therefore, in the two main lines of 'military industry' and 'infrastructure', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', the market continues to be interpreted, and other traditional main line areas, as well as the main line of 'scientific and technological growth', have not produced an obvious siphon effect."

"That's a good thing!"

Xu Shen paused, his eyes gradually became sharp, and continued: "This shows that the market has gradually gotten rid of the capital dilemma of the 'stock game', and it also shows that under the continuous money-making effect of the two main lines of 'military industry' and 'infrastructure', as well as the main lines of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', potential investors outside the market have been accelerating their entry." ”

(End of chapter)