Xu Shen nodded and said: "Yes, in the continuous new entry of the market, especially in the spread of the trend, it is not that the higher the investment sentiment, the better.

You know, generally in a trending market.

When investment sentiment reaches a sustained high fever stage, it feels like the end of the trend will not be too far away.

After all, the extreme heat of the mood, especially the continued heat, will cause a short-term collective lock-up of the short- and medium-term profit groups in the market.

This will lead to a sharp increase in the short- and medium-term profit orders and unhedging chips in the market.

At the same time as the short-term profit order and the unhedging order are temporarily locked together, due to the decrease in the number of chips sold in the market and the decrease in selling, the market trend will look much smoother even if the volume can not expand year-on-year, or it is obviously still in a state of decay. ”

Zhou Kan heard Xu Shen's words, pondered carefully for a moment, and said: "The divergence between emotions and energy, especially under the divergence of energy and energy, the further acceleration of the trend is indeed some of the factors that the market is about to peak, but the current position of the Shanghai Index, as well as the overall valuation level of the two cities, should not be high, right?"

It really counts...... The overall valuation of Big A is still a depression in today's global financial market.

And the Shanghai Composite Index has just crossed the pressure range of 3,500 points, and if it is up, it will ...... Until 4000 points, the pressure should not be much.

There is also the volume of turnover in the market.

Although the recent increment has decreased, the overall turnover still shows a continuous upward trend, and the growth trend of the financing balance has not slowed down, according to the performance of these market volumes and sentiments...... Although the overall bullish strength of the market has been somewhat attenuated, it is far from being able to support the trend of the market.

Therefore, I think the upward trend of the market should continue for a while, right? ”

Xu Shen heard Zhou Kan's words, nodded slightly, and said with a smile: "The trend is inertia, and with the support of the current market bullish sentiment, there is no problem that the market trend will continue for a period of time, but we, as traders, must understand where the potential risks in the development of the market are, and make corresponding mental expectations and trading plans, only in this way...... so as not to return the huge floating profits on the account and the excess profits earned to the market. ”

"Good!" Zhou Kan responded and said, "Then at this stage, we will not continue to increase our positions and go long." ”

Xu pondered for a while, and said: "It is about to enter December, the market trend at the end of the year, due to the violent adjustment and strategic changes of many major institutions, shocks and uncertainties, will often be greater, coupled with the continuous accumulation of short-term profits and hedging, as well as the impact of the net value settlement of many main fund products at the end of the year, the market has continued to rise for a long time, and it is indeed not suitable to further increase positions in this position under the condition that the mood and trend are relatively high."

What should we do next......

It is to reduce positions and take profits to varying degrees according to the trend of the core holdings of our current main fund products.

Although the potential risks of the market, with the continuous shorting of the index and the main line of the market, it is gradually becoming prominent.

However, in terms of the performance of specific individual stock market trends, it is not completely synchronized.

That is to say, whether the stock price of many popular stocks peaks in the short term or not, it is better to analyze specific stocks, let's ...... Next, the main thing is to do a good job in this regard, and to have a clear analysis of the volume and fundamentals of each core stock that supports the position. ”

Zhou Kan continued to nod and said, "Don't worry, boss. ”

"And ah......" Xu Shen paused, and then said, "Regarding the main capital of the 'Yuhang Department' and the movements of this main institution, we still need to know more, and we need to have more instant information and news, and the impact of this main capital on market sentiment."

In particular, the long-term sentiment of the two core main lines of the market, 'big finance' and 'big infrastructure', has a great impact.

If this main capital has great changes and changes in the investment strategy, then the market trend and trend performance.

It is also very likely that it will be catalyzed quickly, or induced in advance.

Therefore, we must have a clearer understanding of the investment strategy trends of this main fund, so as to take the lead in the market as much as possible. ”

Zhou Kan responded: "I heard that the recent 'Yuhang Investment' company's Su Zong, is not in his institution, it seems that the current focus of Su Zong's attention is not in the secondary market, but in the primary market." ”

"Primary market?" Xu Shen was slightly stunned.

Zhou Kan nodded and continued: "In the past year or so, in addition to a large-scale attack in the secondary market, the limelight has been taken out and a large number of excess profits in the market, and its investment in the primary market is not small. ”

"I want to play with the domestic primary market and the secondary ......market at the same time," Xu Shen smiled and said, "This 'Yuhang Investment' Mr. Su is really ambitious!" ”

"Not really." Zhou Kan said, "But the gameplay of the primary market and the secondary market is completely different, right?" ”

Xu Shen responded: "Naturally, it is completely different, the investment risk in the primary market is much higher than that in the secondary market, this 'Yuhang Department' Su Zong, wants his company to blossom in the primary market and the secondary market, I am afraid it is not easy, the ambition is so inflated, it seems that ...... Still too young! ”

In his own personal career development and investment career, there is one sentence that he particularly believes in.

That's the phrase 'if you don't understand, you can't invest'.

He believes that a person's cognitive ability is limited after all, and only making money within cognition can naturally avoid most of the uncertainty risks.

The president of the 'Yu Hang Department'.

I want to eat the excess investment profits in the secondary market, and I also want to covet the venture capital profits in the primary market.

In his opinion...... That is, they are greedy and don't agree with each other, and think that the other party will sooner or later make a mistake in this.

But ideas are ideas......

All of this has nothing to do with him.

He just felt a pity, originally he thought that the 'Yuhang Department' of the Su Zong did have a very high talent and ability in the understanding of market investment, but now I heard that the other party laid out the primary market and the secondary market at the same time, at the beginning of the company's development, he spread the stall so open, and he couldn't help but gradually change his thoughts, and felt that the other party didn't seem to be so powerful, but he was still an entrepreneurial young man who could be understood by everyone.

As his thoughts flickered.

When he came back to his senses and moved his gaze to the two markets again.

At this time, the trading time of the market has come to 9:15, and the two markets have entered the initial call auction stage.

And as everyone expected before the market.

When the pointer officially crossed 9:15, the two markets on the disk, all the stocks began to change rapidly, the entire market more than 2,000 stocks, the initial presentation, there are more than 1,500 stocks, to achieve the red plate high open, and such as 'flush, bluestone heavy loading, Huake Sugon, Huake Jincai, great wisdom, Shanghai Ganglian, Yingkou Port, Huagong International, CEFC Securities, Western Securities, Oriental Wealth, large chain heavy industry, Lei Man Optoelectronics ......' and other market investor groups have a high degree of attention, Popular stocks that are also highly discussed.

It is more than 90% of the popular stocks, realizing the situation of opening high in the red market.

Moreover, among them, the three checks of "Blue Stone Heavy Loading", "Shanghai Steel Union" and "Huake Jincai" have appeared in the grand occasion of the opening of the first word price limit of the collective auction market. (End of chapter)