Rebirth of the Capital Legend

"Taking advantage of the pressure of selling on the main line of 'big infrastructure' in the past two days, and the trend of high probability adjustment, close to the line of 'oversold rebound', wouldn't it be good to do some short-term speculation?" Compared with the two of them, Li Jinshi's thoughts in his mind are still more radical. "No matter how poorly the sustainability of the line of 'oversold rebound' is, there should be a high opening sentiment premium tomorrow."

"That's hard to say." Chen Guiyun took over and said, "From the perspective of the main buying funds on the market, it is obvious that the 'oversold rebound' line is a bit like a seesaw with the 'big infrastructure' main line. If there is obvious positive news related to the 'big infrastructure' main line after the market, then how the market will go tomorrow... It's hard to say. In addition, there is still relative uncertainty about how the sentiment of the 'oversold rebound' line will go after the market."

"For aggressive trading strategies, we can follow Lao Li's idea just now." Liao Guoxiang said, "For relatively safe strategies, we should focus on the core theme of 'big infrastructure'."

"Yeah." Chen Guiyun nodded and said with a smile, "I don't think I have the ability to grasp every wave of market opportunities. I think it's relatively more stable to do the market with a high probability. Anyway, I'm keeping an eye on the trend of the 'big infrastructure' line. As long as there are no major problems with the trend of this line and the trend and underlying logic are not broken, I will hold a large position."

Following the discussion among several core main speculators in the "Fushan Group" main speculator group.

Market trading hours continue to move forward.

The market's 'oversold rebound' line continues to be hot, and the corresponding concept stocks continue to be hyped by various short-term funds.

And the number of stocks that have hit the daily limit is increasing.

Even the ChiNext Index, CSI 500 Index and CSI 1000 Index all rose further and rapidly, each increasing by more than 2%.

"Haha... this closing trend is really exciting!"

At the end of the trading day, small and medium-sized stocks and micro-cap stocks in the entire market all showed a violent rebound trend, and several major core sectors such as Internet software, film and television media, and electronic information even saw a surge in daily limit prices. At this moment, the groups of retail investors gathered on major stock investment exchange platforms were extremely excited.

"It's rare to see such a violent rebound. It feels like the market style has really changed."

"Indeed, many small and medium-sized stocks and micro-cap stocks have reached their daily limit. The number of stocks reaching their daily limit in the two markets is approaching 100."

"However, the main line of 'big infrastructure' and a number of other heavyweight main lines such as liquor, white appliances, medicine, consumption, and finance are continuing to adjust."

"The index didn't rise, but individual stocks skyrocketed. This is the market situation that we call a market."

"Yes, the previous trend where individual stocks did not rise but the index was soaring was obviously problematic."

"I finally waited for this violent rebound. A few days ago, I saw the main line of 'big infrastructure' running wildly. The stocks I held not only did not rise, but fell a lot. I was really upset. Fortunately, the stocks I held finally reached the daily limit today, and I was proud of it for once."

"Oh, damn, I sold all the oversold stocks I had at the opening of the afternoon session and bought into Oriental Yuhong. It was really horrible."

"Same, I bought it at the daily limit, but it crashed right after I bought it. I have lost 6 points now. Taking into account the decline of the oversold stocks I held before, I still lost nearly 8 points today when the market was soaring and the money-making effect was booming."

"This market rotation is really rapid!"

"It was so fast that it was dizzying. I thought the main line of 'big infrastructure' had rebounded after the morning shock, but I didn't expect it to surge in the afternoon and become even more fierce."

"The trend of the 'big infrastructure' line this morning was meant to lure more investors."

"That wave of upward movement at the opening of the market this afternoon was also an attempt to lure more buyers, right?"

"The opening wave in the afternoon should not be called a lure to buy. It was purely because after it was pulled up, there was insufficient support from above and the selling pressure was too heavy, so it was quickly pushed back."

"Today's main theme of 'big infrastructure' has buried a lot of money!"

"That's right, they are all bulls!"

"But rotating to the 'oversold rebound' line, giving a lot of small and medium-sized stocks a break, isn't that good? After all, most of our retail investors still hold mostly small-cap stocks."

"Yes, I think this rotation trend is very good."

“No matter how strong the main line is, it is impossible for it to rise continuously. The ‘big infrastructure’ line has already risen for several days. If you chase high prices at this time, you may not make money, but there is still a great possibility of losing money.”

"The funds invested in 'big infrastructure' today will definitely be sold off tomorrow."

"So the market trend of the 'big infrastructure' line won't be good tomorrow, right?"

"With so much money buried, how can it be good without deep-water shock adjustments? To continue to play high, a huge amount of buying funds are needed to take over. The current market liquidity is limited, and the buying funds willing to take over at high levels should still be insufficient."

"If there were enough buying funds, the surge in the 'big infrastructure' sector at 1 p.m. would not have turned out the way it is now."

"It's better to buy small and medium-sized stocks, and micro-cap stocks. It doesn't cost much money to buy these stocks."

"That's right. The check from LeTV, with 5 million yuan in funds, is close to the daily limit, and the check from Oriental Yuhong has exceeded 20 billion yuan in intraday trading today."

"The Oriental Yuhong check has such a big fluctuation today. I think the major speculators who invested in this check before should have reduced their positions today, right?"

"Some of the hot money that intervened earlier has definitely left. This check depends on whether President Su leaves. If President Su's 'Fuxing Road' is still there, then this check is expected to go up. Otherwise... I think it will be difficult to continue to break through here."

"Boss Su definitely didn't leave."

"But if the internal chip structure is messed up, it will be difficult for General Manager Su's 'Fuxing Road' to continue to push the market upwards with his own ability alone."

"That's true. If Mr. Su continues to increase his holdings, he will be the only one in the market."

"It is currently the only dominant company, right?"

"Not yet. The market value of Oriental Yuhong is over 200 billion, and its circulating market value is also over 100 billion. Mr. Su's current holdings should not be very high among his heavily invested stocks."

"I hope Mr. Su hasn't left. I took over this check today and got stuck with it."

"Believe me, President Su definitely hasn't left."

"I think that the stock price of Oriental Yuhong will definitely double in the future. This position is not high in both the short and long term. Although the stock price has risen a lot recently, if we extend the K-line period, the current stock price of the stock is still at the long-term bottom. I remember that in the last bull market, the highest market value of the stock was close to 450 billion. Now that the industry has come to a new high and the real estate market is booming, there is a high probability that the subsequent market trend will hit a new historical high. In fact, if we are optimistic... I think the stock price will really reach a market value of hundreds of billions in the future."

"A scale of hundreds of billions, isn't that too exaggerated?"

"Yes, this is too outrageous. Look at the entire market. How many stocks are worth hundreds of billions? Basically, stocks worth hundreds of billions are all well-known blue-chip stocks." "Let's look at the 'oversold rebound' line first. This rebound of small-cap and micro-cap stocks will definitely last for a few days."

“I don’t know how high the rebound will be, but at least it will catch up with the main line of ‘big infrastructure’, right?”

"I don't ask for the stock price to catch up with the growth of the 'big infrastructure' mainline core industry sector index in the past few days. I just hope it can rebound by 20% so that I can get my money back. I bought the bottom more than half a month ago and got stuck. Now I am still stuck with about 20%."

"Alas, I was also bottom-fishing. The more I fished, the heavier my position became, and in the end, I was completely stuck."

"In a bear market, you can't buy at the bottom unless the volume has shrunk to the limit."

"What does it mean to shrink to the limit? The volume couldn't shrink any more before, then it rebounded with a large volume, and then it started to fall again with a small volume, and it continued. I don't know if this rebound... will be the same as the previous one, with a short rebound for a few days, and then fall back in half a month or a month."

“I feel this wave is different from the previous rebound.”

"Some people said that this time the rebound was different, but what was the result..."

"This is a real rebound. Oh... No, it should be called a reversal, because it is visible to the naked eye that the internal chip structure of the main line of 'big infrastructure' and liquor, white appliances, medicine, consumption, finance... these weighted main line sectors are really loosening, and the market trend is really changing."

"Isn't it too bad to say it now?"

"If you want to believe, believe it early. If you don't want to believe, don't believe it. Don't hesitate."

"Yes, anyway, I believe that the market style will change here, so I fully invested in 'Quantong Education', a leading stock that rebounded from an oversold situation."

"Awesome, such courage, such strategy... they deserve to make money."

"Today's 'oversold rebound' line is strong enough, but I don't know whether the market sentiment will ferment further."

"Haha...more than 100 stocks in the two markets have reached their daily limit, and the three major sectors of Internet software, electronic information, and film and television media have really set off a daily limit wave."

Amid heated discussions among many retail investor groups...

The last 15 minutes of market trading.

The trends of small-cap and micro-cap stocks are becoming more and more exciting.

At 2:47, 'Netspeed Technology' rebounded strongly and hit the daily limit, which was blocked by a large order.

At 2:49, 'Tong Huashun' hit the daily limit, and led to a sharp and rapid rebound in the 'Internet Finance' branch sector. Among them, almost at the same time, 'Yin Zhijie' took the lead and jumped from a 3-point increase to the daily limit. In just 30 seconds, it rose from a 3-point increase to the daily limit, attracting the attention of many short-term funds and retail investors in the late trading.

At 2:51, Huace Film & TV hit its daily limit, and the film and television media sector index rose 3.23% on the day.

At 2:53, the ChiNext Index jumped to a 2.5% increase.

At 2:55, the CSI 500 Index and the ZTE 1000 Index rose by nearly 3%. At the same time, more than 110 stocks in the two markets had hit the daily limit, and more than 30 stocks were still hovering near the daily limit.

However, it is different from the violent rebound of small-cap stocks and late-cap stocks.

The popular industry sectors and popular individual stocks related to the main line of "big infrastructure" continued to show a weak and fluctuating downward trend during this period.

There are also weighty main-line sectors such as liquor, white goods, medicine, consumption, and finance.

It also maintains a weak and volatile market trend.

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

The Shanghai Composite Index only maintained a slightly positive trend, rising 0.56% to close near 2960 points. On the contrary, the ChiNext Index, the CSI 500 Index and the CSI 1000 Index all broke out, and eventually closed with an increase of more than 2.75%. The Shenzhen Composite Index closed up 1.73%.

As for the A50 index, it maintained a flat trend and closed up 0.09%.

"Today's market trend is really full of twists and turns in terms of market rotation style!" Seeing the final closing situation of the two markets, Yu Xiaolu, the trading team leader of the 'Jufeng Future Growth Fund Product' trading room inside 'Jufeng Asset Management Company' in Shanghai, breathed a sigh of relief and couldn't help but sigh, "Before the opening of the market this morning, everyone thought that the 'big infrastructure' line, which was fully fermented by emotions last night and also had good news to stimulate the core main line, would be the protagonist of today's intraday market performance. Unexpectedly... it was the 'oversold rebound' line that everyone was not optimistic about before, which broke out in full force and became the most eye-catching main line in today's market trend."

"That's nothing strange." Lu Xiangxiang, product manager of Jufeng Future Growth Fund, also stared at the frozen market of the two cities and took over the conversation and said, "In the market, expectations are always too consistent and often difficult to achieve. In the morning, the entire 'big infrastructure' main line opened so high that even several check stocks dared to open at the daily limit with only positive news stimulation.

This kind of high opening situation with insufficient positive factors has led to overheated market sentiment.

It would be strange if the early profit-taking was not smashed.

As for the 'oversold rebound' line, the fact that it was able to come out today was entirely due to the 'big infrastructure' line, as well as the profit-taking of the main weight lines such as liquor, white appliances, medicine, consumption, and finance, and the 'high-low switching' operation of speculative funds in the market.

However, this kind of thing without underlying logical support often finds it difficult to go far.

I estimate that the 'oversold rebound' line will most likely enter a major divergence phase tomorrow."

"Well, in terms of sustainability..." Yu Xiaolu said, "I am not optimistic about the 'oversold rebound' line either, but... Mr. Lu, I feel that the 'big infrastructure' line, at this position, will face great pressure if it wants to continue to rise. Will the market trend of this core main line fall back sharply in the future?"

Lu Xiangxiang thought for a while and said, “I don’t think so. It’s meaningless to make another big adjustment to clean up the market. Let’s see tomorrow’s trend. Tomorrow’s trend should be more critical. If tomorrow’s trend is that the entire ‘big infrastructure’ main line can maintain strong shocks near today’s adjustment low point, the trend will stabilize.

This means that the support at the current position is still effective, and that the buying pressure is still very strong.

We can continue to look forward to the subsequent market trends.

If tomorrow's 'big infrastructure' line is still like today, or directly opens low and goes low without any resistance.

So, we must be careful and continue to dig holes and adjust this core line.

but……"

Lu Xiangxiang paused, and then said firmly: "No matter how the short-term market trend of the 'big infrastructure' line fluctuates, the medium- and long-term trend has already been played out. Our overall strategy of heavily betting on this core main line cannot be changed. It's just that intraday trading and short-term trading strategies can be appropriately flexible." (End of this chapter)