Rebirth of the Capital Legend

"That's not the case." Zhao Qiang paused, and then said, "If the 'big infrastructure' line can be fully developed and form a comprehensive breakthrough and explosive momentum, gathering the hot money-making effect of the entire market, then under the condition that the 'big infrastructure' line can create a money-making demonstration effect.

Other fund groups outside the market that want to enter the market, or fund groups that are unwilling to chase the main line of "big infrastructure".

There is a high probability that the low-level main sector will continue to be hyped, especially the related stocks in the main area of ​​oversold rebound.

Therefore, there is still a chance of an oversold rebound, and it is not impossible for the market to develop into a sustained trend.

However, for the oversold rebound to further explode, market liquidity needs to increase further, and buying orders need to take over the funds overflowing from the "big infrastructure" line. "

"Zhao Qiang's analysis is correct." Sun Chengyu pondered for a moment and said, "Indeed, in the current market situation of stock game, the current 'oversold rebound' line and the core line of 'large infrastructure' are definitely in opposition. I don't know whether the 'oversold rebound' line and the 'large infrastructure' line are in opposition.

Other core themes in the market include liquor, white goods, medicine, consumption, electricity, and finance, which are the weighted themes.

In a market dominated by stock-stock games, these main lines are relatively antagonistic to the "big infrastructure" main line.

However, if the overall bullish sentiment in the market continues to ferment and the market can continue to move upward, then the overall market structure will break away from the stock game and enter the incremental market.

The "big infrastructure" line will not have such a big buying siphoning effect on other main lines of the market.

At the same time, main line sectors such as 'oversold rebound'.

Because the position is low enough, when the overall market bullish sentiment continues to rise and investment risk appetite increases, it will become the primary target of speculation by the subsequent group of funds that actively enter the market from the OTC market. "

But the premise of all this is that the market index has to reverse its trend. "Old Qian said, "Based on the current market situation and fundamentals, it is easy to rebound, but it is difficult to reverse!"

"It is naturally difficult to reverse the current market trend," said Sun Chengyu. "But driven by the core theme of 'big infrastructure', the overall improvement of the fundamentals of the real estate industry chain, and the national property market and housing prices, the macroeconomic situation continues to improve. With the implementation of subsequent policies, people's wages and living standards will be further improved, thereby promoting the development of all industries. It is entirely possible."

"I agree with Brother Sun's point of view." Zhao Qiang said, "Driven by the strong expectations of the core theme of 'big infrastructure', it is still possible for the market to develop from a local market state to an overall comprehensive market state, and the current market trend is indeed very good. For the future market, we should change our thinking and not be pessimistic."

"I think it's better to be cautious and optimistic." Lao Qian said, "The 'big infrastructure' line is indeed undergoing a dramatic change in the fundamentals due to the development of the offline real estate market and the soaring housing prices. However... given that my country's urbanization rate is already very high, there should still be some doubts about the room for growth and sustainability.
At least in the main stocks of these related real estate industry chains and their industry sector trends.

Before a strong trend turns around.

Before these main sectors and industry leaders enter the full performance realization period, I think it is necessary to be appropriately optimistic, but also remain vigilant and treat it as a rebound. "

Although the main theme of the current market, "big infrastructure", has indeed shown a continuous upward breakthrough trend, and the group of active buying funds that follow up is indeed gradually increasing.

However, as far as the overall market trend is concerned, it has not yet reached the stage of positive bullish trend reversal.

He always felt that it was a bit too early to judge that the overall trend had reversed when the Shanghai Composite Index had not broken through 3000 points and had not completely stabilized at 3000 points.

And most importantly...

The volume and energy situation that can trigger a trend reversal has not improved significantly at present.

As the saying goes, quantity comes before price. As long as the market turnover has not returned to the trillion-dollar scale, he will not change his relatively cautious investment attitude.

What's more, the overall performance of the "big infrastructure" line has been quite impressive recently.

However, there has never been a sustained, comprehensive rebound trend.

There is also the booming offline real estate market, which will also siphon liquidity from the entire society, creating an even more profitable effect in the property market.

It is not easy for the stock market to attract more market funds.

The most important thing is that he feels that in the short term, the central bank will not further relax the liquidity of monetary funds, at least not on a large scale.

There is no loose monetary policy and abundant market liquidity.

He felt that it was unlikely that a trend reversal would occur in such a short period of time.

"When expectations and performance are realized, and when the market trend enters a clear right range, the market may have already exceeded 3500 points." Zhao Qiang said, "When the market trend starts to improve and the profit effect continues to recover, it is necessary to be appropriately optimistic and actively make appropriate changes to trading strategies. Just look at the funds of Huayi Capital and see if they have been continuously increasing their holdings recently."

"Huayi Capital has indeed been increasing its holdings recently," said Lao Qian, "but its main investment choices are still mainly concentrated in the main line of 'big infrastructure', as well as liquor, white goods, medicine, consumption, electricity, and finance.

Although the overall position of this main force of capital is not low at present.

However, it is obvious from its position distribution and layout direction that this fund's overall layout strategy is still biased towards defense.

Like the oversold rebound line, it is particularly inclined towards the emerging industries with elasticity.

There is basically no layout of the funds of 'Hua Yi Capital'.

Doesn't this mean that this fund, despite actively going long, is still cautiously optimistic about the future market? I still say that... At the current stage of the market trend, it is still a little too early to see a trend reversal. Let's look at it as a rebound first. Anyway, even if we are wrong, the market will eventually turn around, and we will only lose some of the profits from the bottom positions, and we will not miss out on the market. However, if we make a wrong judgment and the market falls back later.

With a relatively conservative trading strategy, you won’t be at a loss and suffer huge losses and risks.”

"Let's focus on the present and the rebound first, which is not a big problem," said Sun Chengyu. "If we want to reduce risk and increase certainty, it's not too late to make a strategic change after the Shanghai Composite Index truly stabilizes at 3000 points."

"Okay!" Zhao Qiang nodded and said no more.

While the three were discussing the current market trends, there were still differences in the outlook for subsequent market trends.

At this moment, there was a lot of complaints among the main speculators of the "Gusu Group".

In particular, He Zhong, who significantly reduced his holdings in the "big infrastructure" line and embraced the "oversold rebound" line, couldn't help but complain: "What the hell is going on? Is this market trend poisonous? Why is there no continuity at all? The market rotation is faster than changing faces."

"Overall, the core theme of the market is still the 'big infrastructure' line." Zhang Xinlei said, "I feel that if the 'big infrastructure' line is not completed and a real change in the overall chip structure is not formed, it will be difficult to have a big opportunity in the 'oversold rebound' line!"

"Indeed." Zheng Jinming nodded at this time and said, "Although the main lines of the market have been rotating recently, in fact, the focus of long sentiment and the main buying funds have always been around the line of 'big infrastructure'. Alas... For the core lines with underlying logic support in the market, especially the core lines where the main funds have been deeply involved, we still need to be more patient. Frequent switching and frequent stock changes to chase hot spots, I feel it is better to focus on the line of 'big infrastructure'."

In the past two days, the market has seen a rapid rebound in the "big infrastructure" line.

He made a lot of money from his holdings and recovered a lot of his losses.

However, at the end of yesterday's trading session, after rashly adjusting positions to the 'oversold rebound' line, today faced with the drastic deep-water adjustment of the 'oversold rebound' line, the profits earned previously were returned to the market.

At the same time, seeing that "big infrastructure" has returned to a strong state, he even significantly reduced his holdings in several stocks yesterday.

In the morning market trend, all stocks hit the daily limit.

He couldn't help but feel a little depressed at the moment.

"Judging from the market trend this morning, the key point for long positions is indeed on the main line of 'big infrastructure'," said He Zhong, "but we can't be sure that the market trend will suddenly change after the afternoon opening."

"That's possible." Zhang Xinlei nodded slightly and said, "Yesterday morning, and even in the early afternoon, the market trend was good, and 'big infrastructure' continued to rise strongly, but in the end, it collapsed in an instant at the end of the trading day."

"It shouldn't be that bad, right?" Zheng Jinming said. "Today's trend of the 'big infrastructure' main line is obviously different from yesterday in terms of volume performance. It feels like the market divergence is obviously smaller than yesterday, and the market selling pressure is also smaller than yesterday. According to the trend in the morning, the selling in the afternoon should not be able to be smashed. On the contrary, the 'oversold rebound' line... At this time, it is not right to stop loss, and it is not right to continue holding. It is a bit of a dilemma!"

"On the 'oversold rebound' line, a number of core hot stocks are basically in deep water." He Zhong said, "At this position, they can't fall any further, and there is basically no rebound. Anyway, I don't believe that they can continue to hit new lows and continue to fall sharply."

"After missing the opportunity to take profit and stop loss at the beginning of today's morning trading..." Zhang Xinlei said, "Now it is really unnecessary to adjust the portfolio and continue to chase the 'big infrastructure' line. Just wait... I estimate that the 'oversold rebound' line will not fall further, and there is a high probability that it will continue to move out."

"As long as the overall main active capital groups in the market do not return to the weighted main line to form a group, I feel that the 'oversold rebound' line still has a chance." He Zhong said, "After all, the liquidity released by the weighted main line will not all flow into the 'big infrastructure' line, and in the market, many 'high-low cut' capital groups have no other place to go except to speculate on the 'oversold rebound' line. So I judge that the 'oversold rebound' line will most likely continue to rebound strongly tomorrow after adjusting and fluctuating today, forming a rotation rise trend with the 'big infrastructure' main line."

"I agree with Lao He's point of view." Zhang Xinlei said, "The overall bullish sentiment in the market has warmed up, and the investment risk appetite has increased. The short-term funds that are active in the market will gradually abandon the weighted stocks with insufficient elasticity and huge market pressure, and will flock to the small and medium-sized stocks with large elasticity, lower positions, and chip structure faults. At present, there is basically not much market selling pressure for speculative rebound. In other words... after the 'big infrastructure' line has a continuous money-making effect and the volume stabilizes, the 'oversold rebound' line will definitely have another violent rebound trend of returning to the throne."

"I think... there is still a lot of uncertainty." Zheng Jinming thought for a moment and said, "Let's take it one step at a time. Market conditions are determined by experience, not forecasts. How the market will develop and how sustainable it will be still needs to be verified by the market itself."

After saying that, Zheng Jinming turned his attention back to the two stock markets.

At this time, along with this group of major hot money groups, there were also heated discussions among retail investors across the entire network.

The one and a half hour lunch break was fleeting, and soon, at 1 p.m., the two markets once again ushered in the formal continuous bidding trading session.

The clock hands just passed 1pm.

Under the watchful eyes of the crowd, after the emotions had built up during the afternoon, the two stock markets were once again experiencing violent fluctuations.

In the morning's market trend, the popular core stocks of the "big infrastructure" main line, which have shown a strong breakthrough trend and basically achieved a counter-attack trend, continued to rise rapidly under the attack of more active buying funds, forming a comprehensive breakthrough pattern.

Among them, there are three stocks: 'Tianshan Cement', 'Bayi Steel' and 'Yu Development'.

Basically, it happens at the moment the market opens.

The stock was pushed to the daily limit by the active buying funds group in the market, and the daily limit was instantly blocked by the strong main buying orders.

After that, it was just two or three minutes.

In the entire "big infrastructure" main line field, a number of early concept leading stocks with high recognition began to rise rapidly and hit the daily limit.

At the same time, the core industry sectors of the 'big infrastructure' main line.

The three core industry sector indices of real estate development, building decoration, and building materials also rose instantly, breaking through the 3% intraday increase position, continuing to lead the industry sectors of the two cities. Due to the comprehensive driving effect of the entire "big infrastructure" main line, the major market indices at this time also began to rise rapidly, forming a substantial breakthrough pattern that broke through the previous shock platform, further consolidating the market's bullish sentiment and confidence. (End of this chapter)