Rebirth of the Capital Legend

Chapter 204 The end of a legend!

And subsequently, as the market trading time continues to pass.

The market's investment sentiment, especially the short-term speculation sentiment, began to gradually turn to the panic stage.

At 1:21, the GEM index wiped out all gains during the day. Among them, the big monster stock "Teli A", which as the "general leader" participated in some time ago, even exploded from the daily limit position, about 20 minutes later Within a short period of time, it continued to decline to a decline of close to 4%, with a short-term shock of 15 points.

at the same time……

The main line leaders of other core concepts and themes that are closely related to the trend of 'Teli A'.

Concept mainline leading stocks with high market recognition, such as 'Sichuan Province Jiuzhou', 'Meiyan Jixiang', 'Three Gorges New Materials', 'Yishang Display', 'Tonghuashun', 'Baofeng Technology', etc., all continue to rise. Violent diving, the entire market showed a situation where short-term capital groups concentrated on panic selling.

In the morning session, the main line of 'lithium batteries' was attacked by various active funds and many institutional funding groups, as well as the entire 'new energy industry chain' related conceptual themes and industry sectors.

At this moment, there is also a situation of rapid decline, profit-taking, concentrated selling, and even panic selling.

Among them, 'Tianci Materials', 'Penghui Energy', 'Ganfeng Lithium Industry', which originally had their daily limits closed, all fell back, and the time-sharing trading volume showed a rapid amplification trend.

Liao Guoxiang paused and said: "The news that the 'chief rudder' was arrested is definitely a far-reaching negative for the 'Zexi clique' investors, but for the entire market, the impact is just It's very limited. After all, the amount of funds the entire 'Zexi Clan' has invested in the market is only about 300 billion.

"Brother Liao plans to continue to increase his position?" Li Jinshi said in surprise.

"Brother Liao, what do you mean...the 'lithium battery' line is not a big problem?" Li Jinshi asked.

The 'small and medium-sized startup' concept stocks, which began to be dominated by GEM and small and medium-sized boards, spread towards the main weight line of the main board, blue-chip and white horse stocks.

"Damn it...all the targets of emotional speculation in the market have begun to collapse."

And this wave of continuous rebound that started during the National Day is now... almost over.

"The Shanghai Stock Exchange Index is at 3500 points. It's really not easy to stand firm." Li Jinshi sighed helplessly.

It also gradually changed from a large net inflow in the morning to an outflow state.

Liao Guoxiang said: "I don't think the problem is big, but the correction is a good opportunity to increase positions."

Liao Guoxiang responded: "It will definitely be quite negative. This is equivalent to the regulators telling everyone that excessive speculation of market funds is not allowed."

There is a high probability that there will be a wave of severe adjustments that last for a long time.

The overall main capital flows in the two cities.

At that time, the market trend will most likely have a chain reaction because of this news.

Liao Guoxiang paid close attention to the market trends of the two markets, pondered for a while, and said: "As long as you avoid stocks related to the concept of holding positions in the 'Zexi Group', the problem should not be big. Even if the market's short-term speculation sentiment will fluctuate violently, As long as the basic hype logic of the relevant concepts and future expectations remain, the stock price will rise sooner or later.”

If you want to rely solely on the changing logic of the industry's fundamentals and the logic of future expectations, you can continue to buck the trend and strengthen, and then go up against the trend to reach new heights.

At 1:32, most of the shares held by the entire 'Zexi Clan' had already dropped to the limit.

Liao Guoxiang smiled slightly and said: "Why not? The logic is not broken, expectations are still there, and the chip structure is still relatively stable. At the same time, there is no liquidity crisis in the market, and there is no risk of continued plummeting. It is just a short-lived period caused by bad news. It’s just a mood swing, isn’t this a good buying point?”

Whether it is the active retail investors chasing after the trend at a high level, the main hot money groups active in the market, or the many institutional groups in the market that are not doing well.

So far...

This amount of funds is compared to a market with a single-day turnover of 600 to 700 billion.

I’m afraid it’s not possible!

"Sigh... the regulators really don't want the market to get better!" Chen Guiyun said, "A good market breakthrough situation has just collapsed."

However, the market index cannot go up, and the market's overall investment sentiment and investment confidence have begun to reverse the decline, so the core main line of 'lithium batteries'.

Therefore, I think the next market trend will be.

in summary……

Anyway, under the current situation, I don't dare to continue to take positions. At this stage, I must have a defensive strategy to avoid losing the profits made in the previous wave. "

"I don't think it will be so optimistic." Li Jinshi said, "The collapse of market sentiment will directly lead to the collapse of investment confidence in the entire market. In addition, the Shanghai Stock Index has been unable to stabilize at 3500 points. The original support of this position is It will turn into strong pressure, and once such a strong pressure level is formed, the potential selling pressure of the market will also show a geometric growth under the influence of the continued decline in market investment confidence.

"The pressure of 3500 points exists." Chen Guiyun said, "No matter how you look at it, there is no risk of a continuous sharp decline in the market, not to mention... the external market, especially the US stock market, is still hitting new highs one after another. During the bull market, even if our A-shares cannot follow the bull trend, it should not be difficult to maintain a range-bound trend, right?”

There is a high probability that this round of rebound that started after the National Day will stop here.

"I agree with Brother Liao's point of view." Chen Guiyun said, "There is no problem with the main line's expected logic, so the market trend will most likely not end. However... the line of 'Zexi' related concept stocks will most likely be over. Alas... I didn’t expect that the legendary figure of the ‘Chief Helmsman’ generation would end like this.”

At this moment, they are all in the midst of continuous lightening and selling.

Noting that the market trend of the two cities took a sharp turn and continued to dive, at around 1:40, in the morning period, a lot of chips were involved in the main hot money internal group of the 'Fushan Series' among the core main line leading stocks of 'lithium battery'. Li Jinshi frowned and felt so angry.

Under the premise that it has been hyped to a certain high level.

"The arrest of the 'chief rudder' will have a very negative impact on the market trend!" Chen Guiyun said helplessly amid Li Jinshi's complaints.

"The key is that we don't know what specific crimes the 'chief rudder' committed." Chen Guiyun said, "This has led to the spread of panic among active hot money groups throughout the market."

This panic selling situation in the market.

Coupled with the above 3500 points, the holdup accumulated due to two rounds of stock market crashes is already very heavy.

Once the index cannot quickly break through this range.

Missing is the fuel of sentiment and investor confidence.

"It's not just hot money groups." Li Jinshi said, "All similar private equity institutional groups in the market are probably not calm either."

As well as the trillion-dollar position size of the 'national team' that has already formed a stabilizing effect on the field, it is really nothing.

There will be short-term effects, but the long-term effects will be minimal. "

However, even though Liao Guoxiang and Chen Guiyun insisted on being bullish, it did not affect Li Jinshi's self-awareness and short-term trading behavior.

Liao Guoxiang and Chen Guiyun continued to increase their positions in the core core stocks of 'lithium battery' amid the panic selling in the market.

Li Jinshi took the opportunity to further reduce his holdings of related chips.

But just when the three people's opinions were obviously inconsistent, and their trading behavior was obviously different.

As market trading hours continue to pass.

Whether it is the market of the two cities, or the main lines of major core concepts, or the numerous core leading stocks of 'small and medium-sized entrepreneurship' concepts, or even the concept stocks held by 'Zexi' funds... they are still falling and falling, and the two The overall main capital performance of the city.

Active selling funds still comprehensively suppress active buying funds.

Even the core main line field of 'lithium battery', which performed the strongest in the morning, includes 'Polyfluoropolymer', 'Tianci Materials', 'Tianqi Lithium Industry', 'Ganfeng Lithium Industry', 'Penghui Energy'... and other main lines. The leading stocks were all suppressed by selling orders at this moment, and the main capital flows on the market also showed a net outflow trend.

At 2:02 pm, 'Teli A' came out of the sky, causing a huge earthquake of 20 points in the day.

At 2:07, in the field of concept stocks held by the 'Zexi Clan', more than 7 stocks fell by the limit, and the 'Zexi Clan' concept sector index plummeted by more than 8%.

At 2:13, the Shanghai Stock Index erased its intraday gains and returned to a flat position.

At the same time, the Shenzhen Stock Exchange Index and the ChiNext Index were already at an underwater drop position of close to 1%.

"With the end of the legend of the 'chief rudder' generation, the market's rebound from the National Day may also come to an end."

I saw that the number of stocks in the two cities fell more than they rose, and stocks with the concept of "small and medium-sized enterprises" were hit hard again.

At this time, in the main hot money group of the 'Magic City Super Short Gang' where Su Yi was, Xu Qiao's eyes flashed and he sighed: "It feels like... it's time to retreat with all your strength, right?"

“It’s really time to retreat,” Lao Zhang said. “No big money dares to chase all the high-priced stocks in the market.”

Lao Wu said: "Currently, the 'chief rudder' doesn't know what's going on, nor what specific crimes he committed. There are active hot money and many private equity institutions in the market. Everyone is panicking. Who dares to chase high-priced stocks?" ?”

"I feel that the bad news about the chief rudder being arrested is just an inducement." Brother Chen pondered for a moment and said, "The main reason is that the market is at this position, and the profit margin has almost accumulated. Moreover, the pressure of 3500 points, The lack of a comprehensive breakthrough naturally triggered concentrated selling of profits. "Is it just an inducement?" Xu Qiao said.

"No matter what, the market sentiment has turned so sharply, it will not be wrong to reduce the position first, clear the position and wait and see." Lao Zhang said, "Anyway, this wave followed the Su brothers on the core line of 'lithium battery' and also made money. It’s a lot of profit, let’s wait and see.”

"Agree." Old Wu responded, "When obvious risks come, it is always right to avoid them first."

As several people discussed the market, the news in the group continued to be refreshed.

The two cities are in the late trading stage.

Under the continued decline and collapse of market investment sentiment.

The market index, as well as a number of core concept theme sectors, and related leading concept stocks, almost fell unilaterally without any rebound.

Finally, when 3 o'clock in the afternoon came, the two markets officially closed.

The three major indexes, Shanghai Composite Index, Shenzhen Composite Index and ChiNext Index, all closed down. Among them, Shenzhen Composite Index and ChiNext Index fell more than 1% during the day, and the Shanghai Composite Index fell below 3500 points.

As for the 'lithium battery' main line sector that has attracted much attention from market investors.

There are also popular stocks such as 'Teli A', 'Dofluoro', 'Tianci Materials', 'Penghui Energy', 'Ganfeng Lithium Industry', 'Meiyan Jixiang'... etc.

Not surprisingly, they all closed at the lowest point of the day.

However, what surprised everyone...

Amid the heated discussions after the market closed, as well as the heated resumption of trading by various investor groups.

When 5 o'clock in the afternoon came, the Dragon and Tiger lists of the two cities were announced. Everyone thought that the market's core main hot money, which was bound to reduce positions on a large scale and take profits, that is, the "Financial Street Fuxing Road" capital, did not appear in any of the stocks on the list. On the selling side, the position of locking up heavy holdings continues.

And this inadvertently gave the pessimistic market a more positive emotional effect.

After that, everyone continued to have heated discussions.

At 6 o'clock in the evening, various related news finally became clear regarding the "chief rudder was arrested" incident that had been widely circulated in the market during the day.

According to official reports, the 'chief rudder' was arrested for insider trading and stock price manipulation.

And when the official notification is issued.

The relevant documents issued by the China Securities Regulatory Commission on "Strictly Investigating and Punishing Market Violations and Illegal Transactions" also detonated the market and triggered discussions among countless investor groups.

"The end of a generation of legends!"

Su Yi browsed the relevant market news and sighed secretly in his heart.

Although he has never been able to have real contact with Xu Xiang offline, who is well-known in the domestic hot money circle as the "chief rudder".

But he still admired the 'chief rudder' from the bottom of his heart.

He knew that the other party also came from a grassroots background and had worked hard on his own to achieve everything he had today.

Moreover, the short-term leading strategy developed by the 'chief rudder' has allowed many short-term investors who followed it to make money in the stock market in the domestic financial market speculation ecosystem.

Although in the later period, the amount of funds of the 'Zexi Clan' was getting larger and larger.

They gradually turned to relying on inside information to reorganize assets, or relied on capital advantages to seize market profits through private placement and long-term control of stock prices through joint stockholders, and the original formal trading path gradually went astray.

However, the development path of the entire 'Zexi system'.

There are still many, many things worth learning from and worthy of his warning.

Furthermore, he wants to gain a foothold in the financial circle of Shanghai, carve out his own world, and copy the development path of the 'Zexi Clan'.

Then, the collapse of the 'Zexi clique'.

For his subsequent establishment of a company and the establishment of a private equity fund, it will be a good benefit, large and small.

Sure enough, while he was still thinking about the impact of the collapse of the 'Zexi Clan' on his future development, his cell phone rang.

Su Yi picked up the phone and glanced at the caller ID.

Seeing that it was Mr. Shan, the general manager of the Oriental Fortune Group, he couldn't help but was slightly stunned and answered the phone.

"Mr. Su, I didn't disturb you, did I?" the other party said with a smile, "When are you free, can we have a meal together? Do you think it would be okay?"

Su Yi smiled and said, "If Mr. Shan has something to do, you might as well just tell him."

Mr. Shan coughed slightly and said, "I heard that you are preparing for an investment company. When do you plan to open it?"

"It's about half a month, or a month." Su Yi said.

"Oh..." Mr. Shan said, "After the company opens, does Mr. Su plan to do the 'private equity fund' business?"

"Yeah." Su Yi nodded.

"I don't know...has Mr. Su considered the idea of ​​cooperating with our 'Oriental Fortune Daily Fund Network'?" Mr. Shan said, "We can give Mr. Su the most favorable terms of cooperation. You see..."

"Okay." Su Yi thought that the traffic entrance of the other party's website would definitely be of great benefit to the development of the fund business he planned to establish. What's more, as a local leader in the financial field of Shanghai, the resources in the hands of 'Oriental Fortune Group' are unknown. Every time the other party takes the initiative to seek cooperation with him, this basically has only advantages and no disadvantages for him.

Of course, he knew.

The reason why the other party took the initiative to find him.

What he likes is also his current reputation in the financial market.

He knows that once he opens a private equity fund product, in his name, he can attract a large number of fund investors to the "Tiantian Fund Network" under the "Oriental Fortune Group", and at the same time, he can also help the group earn a lot of commission fees.

In other words, such cooperation is undoubtedly a win-win situation.

When Mr. Shan heard Su Yi's answer, he didn't expect that Su Yi agreed without even thinking about it.

This made it impossible for him to say many of the words of persuasion he had originally planned in his mind.

However, he was happy to see Su Yi's happiness.

So, he was stunned for a moment, and then said: "How about we meet and talk this Friday night?"

"Okay!" Su Yi continued to respond, and hung up the phone after making an appointment.

After that, he continued to review the market conditions, browsed some evening market information, took a look at the market trend of the external market, and then washed up and went to sleep.

The next day, Tuesday, December 11th.

Under the influence of continued emotional brewing and external market trends.

The two cities' markets, as well as popular stocks with active hot money groups in the market, as well as core concept-themed mainline sectors that attract high attention from many investors, all showed a low opening trend.

Then, when 9:30 arrives, the two cities enter the official trading period.

Amidst the gloomy mood, the market continued to fall.

At 10 o'clock in the morning, under the continuous downward trend, the monster stock 'Teli A' plunged 7% again. Moreover, amid the continuous downward trend of all stocks with the concept of 'small and medium-sized enterprises', Su Yi held a heavy position. The mainline core stocks of "lithium battery" also suffered heavy losses.

Immediately afterwards, when everyone thought that the market was destined to be another tragic situation today.

When you think there is no hope for the Shanghai Stock Index to completely recover 3500 points.

At around 10:20, 'Teli A', which had almost hit the limit, suddenly launched a counterattack. Under the strong pull of an unknown major force, it quickly recovered the intraday losses and quickly turned red and rose.

At the same time, 'lithium battery', the core main line of the market, is also undergoing a comprehensive counterattack.

'Penghui Energy', which Su Yi took the lead in controlling, surged in a straight line. In just two or three minutes, it reversed yesterday's decline and continued to hit new rebound highs and record highs since its listing.

(End of this chapter)