Chapter seven hundred and twenty fourth short-term essence(1/2)
The other party did not take action during the previous few daily limit hits in Western Securities, but instead kept watching.
Until now, this stock has seen its rise in strength, and the other party has leveraged the strength to hit the market in the late trading, instantly hitting the daily limit, attracting market attention. This patience and grasp of the timing have to be admired by Su Yue.
"Chairman, so, there should be no market trends in this stock in the future?" Liu Liping continued to ask.
Su Yue nodded slightly and said, "Avoid this stock and sell all the positions of our fund in this stock tomorrow. The other party should be in this stock. The depth of the trap is not far from this price, so he leverages the strength to play and assist, and wants to take advantage of the opportunity to enter the market safely."
"If you really grab the funds, you won't choose the last trading session, and you won't close the board in this way."
"In fact, you can also see that the purchase list of the Dragon and Tiger List is the only one in the entire purchase seat, and the rest are small buyers below tens of millions of yuan. The total purchase of the two institutional seats is less than 50 million. It really seems too petty to go long."
"Thank you, Chairman, for your explanation." Everyone had something in their hearts and said gratefully.
Su Yue looked at everyone and continued to remind: "If you want to know the other party's intentions, you need to combine the timing of the intraday closing and historical trends. It is meaningless to simply buy and sell amount and seat representatives."
Watch the market, watch the market...
What we see is not the fluctuations in numbers, price fluctuations, but the evolution of emotions and the meaning behind buying and selling.
If you can't figure this out, no matter how long you are in the trading, it will be a meaningless waste of time. You will inevitably chase the rise and sell the fall and be harvested by funds.
Everyone responded.
After solving the doubts in his heart, he quickly returned to his job and began to guide the traders under his management to conduct daily reviews.
Due to the performance of the market in the second half of the trading time.
In the entire market, sentiment remains good, and bullish voices occupy the majority, and are obviously spreading towards private equity and institutions.
Many well-known financial figures who didn't have time to speak out yesterday.
Today, under the continuous connection between major media, we have also begun to look at the bull market further, and some have even said that "the bull market journey has restarted, and we have looked at 10,000 points, a new pattern of the stock market."
Su Yue basically ignored these "stock gods" remarks.
He will not accept interviews from any media and will not make any public voices at this time.
The next two days were off days. At the invitation of Gu Zhengqing, Su Yue went to Gu's family to be a guest. He chatted with Gu Zhengqing for a while, and then stayed at Gu's family for a night. The next day, he followed Han Yuetong, Ye Ting'er and his group to climb the mountain in the suburbs. After working hard for a day, he returned home.
After a night off, the stock market reopened on April 28.
Throughout the weekend, there were no particularly significant negative news, both at home and abroad, and the global financial market briefly returned to peace.
I don’t know if it is the ‘subprime mortgage crisis’ that has been truly curbed or is a more violent storm brewing.
After the dull call bidding, at 9:30, after the trading officially started, the daily limit was hit at the end of the previous trading day, and Western Securities, which achieved five consecutive consecutive boards, was as Su Yue guessed, after retail investors sought high openings, they instantly released a huge amount. In just a few minutes, the huge sell orders smashed the stock price underwater.
"Will you not replicate yesterday's market trend again?"
Someone looked at the trend of Western Securities, which opened high and plunged, recalled: "It was the same yesterday. It opened high and plunged, with a sharp drop of about 5 points at the lowest intraday, but finally closed at the daily limit."
"It's normal to oscillate at a high level."
"I think, yesterday's big fluctuation, the main players of the institutions must have a lofty ambitions. The market will not be cut off here. Today's volume is continuing to increase, which proves that it is good to take over. This check is the leader of securities companies and will not die so easily. There is still a big rise expectation."
"I was washed out yesterday and can't be fooled again today."
"Institutions should not be like hot money, they will be released the next day, right? This check is not bad for the trendy market. If the main force does not smash the market on a large scale, it should be able to go for a while."
"Brokerage companies are the core main line of the current market, and the market conditions are definitely not so easy to extinguish."
"Yes, look at the other leading concept stocks in the market, Unigroup and China's mid-term, and the trends of leading stocks are all very good, and today they also fluctuated at a high level of six or seven points."
"In terms of cost-effectiveness, I think Western Securities is better than the other three."
"Yes, at the same time, popular leading stocks are bought at low prices underwater, which is much lower than chasing highs, and... If you step out of the sixth board today, you can still reap more than a dozen points of profit."
While everyone was discussing it hotly, a huge selling order of 100,000 orders suddenly appeared on the Western Securities Market.
This sell order was sold at the market price, directly knocking the stock price of Western Securities to near the limit down, which shocked retail investors who were just optimistic and who were buying at the bottom.
"It's interesting!"
In the trading room of the 'Benyue Capital', Su Yue looked at the stock price of Western Securities, which had reached the limit down and laughed.
The 100,000-yuan sale order just now was not his work. He guessed that it should be the agency that closed the board yesterday and released the warehouse.
"Manager Chen, how many bargaining chips do we have in Western Securities?" Su Yue asked with his head turned around.
Chen Yuhe calculated and said, "There are more than 70,000 lots in total, more than 80 million funds."
"Smash on the limit down, this guy in the market is really too fierce." Su Yue said, "This trend, the Western Securities stock has completely died, so there is no need to miss it anymore."
Chen Yuhe nodded, and then ordered to issue an order of 70,000 yuan, and directly hit the limit down.
From high opening and falling to limit down, in just 9 minutes, the performance of Western Securities, the leading stock, shocked everyone who is optimistic about it.
"Damn it, there is no negative news, why is this trend?"
"Oh my God, I just bought it at the bottom, what should I do? Three minutes, I lost 7 points!"
"The brokerage leader is just like this? Who is so fucking the market? The entire market has been led to collapse. Why is it a good trend suddenly gone?"
"When I opened the market, I was around the 5-point increase, and in an instant, I lost 15-point."
"Yesterday's daily limit, today's daily limit, what the hell is going?"
"It's a scam, it's just a slash. It's a hell of a big-cap stock with more than 20 billion yuan in securities companies and large-cap stocks can go like this."
As everyone complained, the trend took a sharp turn for the worse. After the active orders on the limit down, a total of 30,000 small orders appeared in the first minute, it began to drop sharply. At the same time... the orders on the limit downwards began to increase rapidly, and within a few minutes, it accumulated to more than 100,000 lots.
Yanjing, Ansheng Public Fund.
In the fund trading room of its "Blue Chip Value Investment Mixed No. 3" under its fund trading room, fund manager Liu Ruming frowned and stared at the market that had already hit the limit, and sighed helplessly.
His move was made by him at the end of Friday's trading, as well as his large orders and lightning smashing the market in the morning today.
"What a pity, someone saw the opportunity, faster than us." Next to Liu Ruming, another middle-aged man sighed helplessly, "We still seem too impatient. According to today's market, we should slowly release positions. After all, venture capital and futures concept stocks have not collapsed."
This middle-aged man, like Liu Ruming, is a fund manager of Ansheng Public Fund.
However, the one responsible is another stock fund.
"I want to reach the limit near the limit, and then use the bottom-up to raise the stock price to recycle retail investors and achieve the goal of appearing." Liu Ruming said, "I know that the venue is not just our main force. If we continue to do the market after opening higher, if the other party makes too much profit, it will be a must-have."
"What I think is that if I press the limit down, the other party's profit will drop sharply, and it should slow down."
"After all, after the market sentiment has recovered, it will be a good deal. As long as there is hope for a rebound, there will be no shortage of follow-up markets."
"I didn't expect..."
"What should I do now that my way out is blocked?" asked a colleague next to Liu Ruming, "Our two funds have only raised less than 200 million yuan in total. minus yesterday's 50 million yuan, and they have only 150 million yuan in appearance. Almost half of their positions have not been reduced. Judging from today's situation, there should be no hope for this market in the short term."
Liu Ruming gritted his teeth and said nothing.
They were rumored to buy the bottom when Western Securities reported a restructuring expectation, but they did not withdraw their positions, and then were buried to the present. Fortunately, they were not buried deep, and by chance, this market situation caused them to retreat.
However……
Judging from the results, he still messed up.
As his colleague said, he was worried that other main players in the market would smash the market and take the lead. He wanted to retreat as an advance, but accidentally backfired and directly killed the market.
Instead, he lifted a stone and shot himself in the foot.
"Sure enough, short-term trading is still not suitable for me!" Liu Ruming smiled bitterly and said, "Old Cai, let me think about it again. After the market soared, it has been in a pullback in these two trading days. The volume has not shrunk, and the acceptance is still there. We should still have a chance."
After saying that, he carefully observed the disk and thought about the countermeasures.
Due to the rapid limit down by Western Securities, the entire securities sector was brought underwater, and the Shanghai Composite Index fell below 3550 points again, reaching a 1% drop.
The entire market and hot concepts also gradually declined and collapsed from the hot opening.
"Chairman, looking at the market trend, it is still much weaker than expected!" Chen Yuhe said in the trading room of the Bentayga Capital, "I guess today, I have to touch yesterday's low point and confirm the support of 3,500 points again."
"Western Securities has a bad head!" Su Yue sighed, "The market today will not be easy."
The high opening and selling of Western Securities, and then the lightning hit the limit, is a heavy blow to all the high-level stocks in the market. In the current market, except for high-level venture capital, futures concept hotspots, and other hotspots, they have not taken shape at all, and it is difficult to take over the market.
Following Su Yue's speech.
In the market, the three high-level leading concept stocks of China National People's Republic of China, which are superimposed on the concept of "Fortune Avenue", have also begun to dive, falling from a gain of five or six points to a near flat market.
"Are we... out?"
Chen Yuhe saw the market plunge, and her stocks were shaking at the high level and couldn't help asking.
Su Yue pondered for a moment and shook his head: "There is no other hot spot in the market. The Shanghai Composite Index has reached the 3500-point support position. Once it rebounds, there is nowhere for market speculative funds to go, and it will still catch this hot spot. The market volume and this acceptance will not be over before the external environment further deteriorates."
Seeing that Su Yue was quite confident in his words, Chen Yuhe naturally let go of the little worry in her heart.
As time went by, the market continued to fall, until the closing of the market at noon, and it was a one-sided dive, almost replicating Friday's performance.
In the afternoon, after the opening at 1 o'clock, the Shanghai Composite Index continued to decline.
1:20, 1:40, 2:02...
Until around 2:30, the V-shaped reversal that everyone expected did not appear. Instead, individual stocks plunged more and more. The market was about to fall below 3500 points and return to below 3500 points.
At this moment...
Su Yue stared at the Shanghai Composite Index's time-sharing trend with his eyes, and found that as the decline continued to expand, the volume of selling orders was much smaller than before.
"The decline has expanded, and fewer people are selling."
To be continued...