After the new stock 50 index bottomed out at 2,600 points, Fang Hong decided to launch a round of exponential market, which will start as soon as the New Year's Day of the new year is over.

It's just that this kind of thing is impossible and must not be openly stated with their intentions, and if they really want to say it, the entire market will go directly and completely crazy, and the new stock 50 index can top out of the board.

Therefore, we can only do it silently, and we must not say it, so that all players involved in this market can only play and judge by themselves.

Entering mid-to-late December, the market of the New Stock Exchange 50 Index began to fluctuate upward in the last dozen trading days of the year, and the K-line pattern that came out was also a day or two after a pullback, and it broke through the high point of the callback.

On Tuesday, December 26, the SGX 50 Index once again reversed the package and broke through the high point of the previous trading day, closing the day with a rise of +2.24% to 2837.01 points, once again standing at the 2800 point mark, and the total daily turnover of the SGX market also increased to 454.6 billion.

Wednesday pulled back again, closing -1.21% lower in after-hours trading, narrowly holding 2,800 points. The following Thursday, the penultimate trading day of 2017, the 50 index reversed and broke through yesterday's high, closing the day up +2.16% at 2,863.28 points, as most investors expected.

On Friday, December 29, the last trading day of the 2017 year arrived as scheduled. Today's new stock 50 index call auction result is a slight higher opening of +0.25%, after the opening of the step back, these few trading days many investors are doing t operations, especially some short-term funds.

Because the trend of the new stock 50 index in the past half a month is very regular, and even simple to use

The "five-day line" strategy is perfect to operate, buy when the callback reaches the five-day average price line, and after the anti-package repair, sell at the end and then wait for the callback, and wait until the five-day average price line is stepped on again and buy back.

A lot of people just leaned on a wave

The "five-day front strategy" also made a lot of money by operating back and forth on the new stock 50 EtF, gaining 10 to 12 percentage points, while the range of the new stock 50 index rose by about 6 percentage points, significantly outperforming the index.

Today, many short-term funds and people who do T operations are still operating according to the previous path and selling, because according to the previous rules, today will definitely be a pullback, plus the market will be closed for holidays from tomorrow, which makes people believe that there will be a pullback today.

Therefore, many people chose to sell, and the new stock 50 index also opened high and low, turning green in less than 15 minutes after opening, and the decline expanded to -0.56% at about 10 o'clock, but it also officially bottomed out until this point.

At around 14:30 in the afternoon, the situation was different, the market trend exceeded most people's expectations, and today's new stock 50 index did not follow the script expected by the market.

The mysterious main fund shot in the last half hour of the end of the session, and it was a heavy blow, and it took less than five minutes to lift the new stock 50 index from underwater to above the red market, and began to force a strong short.

"What the hell? What's the new good news? "Many investors are surprised to see the strong upward pattern at the end of the market, and they are surprised to step back on the unilateral attack, and most people subconsciously think that there is no major good news, so they look for information.

But there was no sudden goodness, and the news was very calm. At this moment, the new stock 50 index still maintains a continuous upward trend, and the trading volume has also been significantly enlarged, and the increase has expanded to 1 percentage point.

However, most of the people who did T operations back and forth during this period of time still stepped into vain, because the path dependence and the tail market pull up made them scruples, and the last bit of trading time at the end of the market did not give them too much time to think about the trade-off.

After hesitating for a while and rising higher, I don't want to chase higher, the previous T operation arbitrage has earned a lot of path dependence, I don't want to chase high, I think that there is a high probability that I will step back, and it is better to wait for the back to step back, plus what news may come out of the holiday makes them more determined.

This hesitates, that hesitates, even if you finally decide to chase higher, but the market has closed, and you can't buy it if you want to.

The time soon advanced to 15 o'clock, the market officially closed, and the last trading day of 2017 ended.

The CSI 50 Index regained the 2,900-point mark again, closing up +1.56% at 2,907.91 points in after-hours trading.

The full-day turnover of the SGX market increased to 538.3 billion, while the total trading volume of the Shanghai and Shenzhen markets was 365.9 billion.

Judging from the K-line graph, the new stock 50 index has walked out of a bald yang today, and the closing price is the highest price of the day.

After the close of trading on the last trading day of the year, the new 50 index returned to 2,900 points, close to the all-time high of 2,943.93.

Last month's decline was basically recovered, rising from the bottom of 2601.99 points, with a cumulative increase of +11.75%, leading the Shanghai main board index by more than 10 percentage points, and the range of the Shanghai index in the same period was only about 1 percentage point, basically in a sideways state.

The Shanghai Composite Index fell from 3,450 points last month to 3,250 points, and today's close is only 3,300 points.

…… Tranquility Villa.

"There was a surprise today, a small and mid-cap stock listed on the Growth Enterprise Market (GEM) wanted to be delisted from the main board and then transferred to the SGX market for re-listing." Tian Jiayi, who came back from work in the company, found Fang Hong at this moment and reported the matter to him as soon as possible.

Fang Hong's face suddenly showed surprise when he heard this, and he couldn't help but say, "Is there such a thing? Tian Jiayi nodded affirmatively, and handed him a document casually: "This is the detailed information about the company that has been sorted out." "There are very few listed companies that have voluntarily delisted in the A-share market, and so far there has only been one listed company voluntarily delisted, which is St Duo, which was delisted in 2014.

But strictly speaking, it is also a helpless move, the company is already facing forced delisting and it is ironclad, because since the beginning of 2010 after the listing, the performance has changed face for four consecutive years of losses.

If you don't want to retreat, you have to retreat, so you take the initiative to retreat. Fang Hong took the materials from the hands of the beautiful assistant to read and browse, this company that has been listed on the main board for three years wants to take the initiative to delist and re-list on the SGX, the company is a private enterprise, and the latest market capitalization as of today's close is 10.9 billion.

According to the data, the company currently has no problems, the fundamentals are good, there is also growth potential, the company is also operating very well, and the prospects are very good.

However, the stock price fell very badly, and during the bull market in the first half of 2015, the company's market value soared to 69.7 billion, and then the catastrophic market was not surprisingly cut in half.

If the market value of nearly 700 billion yuan is cut in half because the bubble blown by the previous big bull market was punctured, and the big circuit breaker in 2016 will plummet nearly -40% is a further mean reversion, then this year, it will be killed by mistake from 22.7 billion to the current 109 billion.

Fang Hong looked at the materials and said to himself: "The valuation of 300 billion yuan given by this target is not an overestimate, and the value of the current 100 billion yuan is seriously underestimated." Tian Jiayi immediately said: "In fact, there are more than one small and medium-cap stocks that have been mistakenly killed, but the current market environment is like this, and retail investors have also abandoned all the small and medium-cap stocks on the main board of the two cities when they move to the SGX, resulting in the depletion of liquidity of small and medium-sized stocks, and if companies want to refinance, if they don't move some crooked thoughts, don't even think about it." "The current small and medium-sized enterprises next door are really miserable and miserable, regardless of whether they are really good companies or junk stocks, they are all in one word: fall!

There is no increase in liquidity, the stock is still fleeing, whoever dares to rise in a wave is to send money, because it will be smashed and I don't know it, so no one dares to pull it up at all, and a few people who don't believe in evil are finally killed, and the result is that they have to kneel down and admit their mistakes and cut meat.

……