Rebirth of the Capital Legend

"Fortunately, although the call auction trend of 'Huawen Online', the core leading stock of the two markets, was somewhat below expectations, the performance of the major indexes of the two markets, as well as the general call auction performance of individual stocks in the market, were still relatively in line with expectations, maintaining a generally high opening situation." After the call auction of the two markets ended at 9:25, Zhao Zhiyuan, who was in the 'Qilu Gang's main hot money group', stared at the two markets that had been briefly frozen, exhaled lightly, and said with a smile, "Looking at the pre-market sentiment, I originally thought that the main line of 'emerging industrial chain' should have a relatively consistent trend in today's call auction, forming a significantly high opening situation, but I didn't expect the differences to be so big.

However, maintaining appropriate market divergence should be more conducive to the exchange of chips on the market and the relay of various funds, right?

According to the past historical trend of monster stocks...

Only a continuous daily limit trend with sustained high turnover can reach sufficient height.

Once expectations are too consistent and volume continues to shrink, it will be difficult to get out of it.

According to the trend of the call auction of the check of "Huawen Online"... Although the final increase point and the feedback from the market are a bit lower than the expectations of most investors before the market, the volume performance is still relatively good. The selling pressure of profit-taking has not been able to completely suppress the buying orders that follow suit. "

"With such high market attention on the 'Huawen Online' check, I think this opening point is obviously better than the expected daily limit opening trend." Hearing Zhao Zhiyuan's sigh, Zhang Wei in the group pondered for a moment and took over the conversation, saying, "In a situation where emotions are too high, a consistent trend is not conducive to further optimization of the internal chip structure, nor is it conducive to the entry of other funds that want to enter the market.

If today's 'Huawen Online' opens at the daily limit.

Then I guess this check will definitely explode during the trading session.

The damage caused by a stock crash during trading can be staggering. Instead of causing a stock crash during trading and burying people, it is better to bring about market divergence in advance as we are doing now.

The early divergence of the main line of the entire "emerging industrial chain" may, under the joint efforts of a large amount of active funds at the beginning of the trading session, fully digest the previous profit-taking, re-stabilize the chip structure, and further form a new long-term fund force. After all, on the whole, the current core sentiment of the market is still on the ChiNext and SME boards.

As for the main weight line of the main board, there is also the core line of "big infrastructure", which performed very strongly in the early stage.

Although in the last few minutes of the call auction.

Due to the widening of the market divergence of the 'Chinese Online' check and the widening of the divergence of the entire 'emerging industrial chain' main line, the market rebounded a lot, forming a certain high opening situation.

Moreover, popular concept stocks such as 'Huaxin Cement' also performed relatively better than expected in the call auction.

But I think that there is still not enough time and space for adjustment of these two main lines.

Looking at the 'big infrastructure' line, many core leading stocks and popular concept stocks with high market recognition have adjusted less than 10% from their highs.

With such little room for adjustment, there will probably be no motivation for subsequent long-term funds for the time being.

Moreover, there is not enough time for adjustment.

Many early profit-taking funds that still had expectations for the main line of "big infrastructure" did not sell all their floating chips during this period of time.

So, looking at it all...

The 'big infrastructure' line and the main board weight line are not yet at the stage of restarting the main upward trend. "

"That's not the case." Liang Jiucheng pondered for a while and then took over the conversation and said, "It still depends on the attitude of the main market capital groups. The 'big infrastructure' line, in terms of fundamentals and underlying logic, should still have the strongest certainty in the current market.

With such strong expectations and future certainty.

Many of the main capital groups that have intervened before, that is, the core part of the profit-taking, will not necessarily choose to reduce their positions and stop profits at this position.

In other words, it is very likely along the line of 'big infrastructure'.

Even if adjustments are made, not much volume will be released.

If the institutional capital group has been increasing its holdings on this line for the sake of certainty, then it is highly likely that the adjustment space for the "big infrastructure" line will be very limited.

Moreover, looking at the trend in the market, it seems that the line of "big infrastructure" and the line of main board weight have really become the opposite of the rebound of small and medium-sized and micro-cap stocks. In fact... I think that the funds in the market are so either this or that, which is not a healthy trend.

Of course, this is the reason why this seesaw effect is formed.

The main reason is that the liquidity in the market is insufficient, and the active buying funds cannot be spread to all the main market areas. "

"Isn't this seesaw effect a manifestation of the game of market inventory?" Zhao Zhiyuan was puzzled for a moment, and then said, "The reason why this kind of seesaw effect trend is that the funds in the market have to sell their current stocks accordingly if they want to buy other main stocks, so this trend effect is formed. However, looking at the overall call auction volume today... it can still be seen that under the continued hot sentiment in recent days, some off-site funds have actively entered the market.

Just look at the performance of volume.

It is obvious that the call auction volume in the two markets today is significantly higher than before.”

"Yes, indeed, the market's call auction performance and the enthusiasm of various funds to participate in the call auction stage have indeed improved compared to the previous few days." Zhang Wei carefully compared the call auction performance of the two markets today with the call auction performance of the previous few days, and said, "This shows that a small amount of off-market funds have indeed entered the market. Since some off-market funds have entered the market to go long, there has been a certain increase, so I think... today's market trend performance should not be too bad, as the saying goes, where there is volume, there is market."

"Yeah, I think so too." Zhao Zhiyuan laughed and said, "The opening of the 'Huawen Online' check actually adds some expectations during the trading session. I think with the volume shown in the call auction of this check, it should be able to continue to hit the daily limit today and create room for upward movement."

"That's right," Zhang Wei said. "It's not a good thing that the call auction raises expectations too high."

"Let's see how the overall market performs within five minutes after the official opening." Liang Jiucheng said, "If the volume can be sustained, it will most likely be able to stabilize and continue to move upward. However, in today's call auction trend, it is obvious that the 'big infrastructure' line is trying to snatch the liquidity of the 'emerging industrial chain'. I think the trend of the 'Huawen Online' check after the opening will probably have to be compared with the 'Huaxin Cement' check.

If the check for 'Huaxin Cement' shows an upward trend at the moment of opening.

If a large number of active capital groups want to make a counter-attack on this check.

So, driven by this check, I feel that other popular concept stocks in the main field of "big infrastructure" and some heavyweight stocks will probably also be driven.

The abnormal movement of these stocks will inevitably further differentiate the liquidity of the main line of the "emerging industrial chain".

In other words, if the main line of 'big infrastructure' attracts too much active follow-up funds, then the funds that can continue to gather in the main line of 'emerging industrial chains' for speculation will probably be relatively reduced, or show a trend of continuous weakening. At the current position of the 'emerging industrial chains' line, the profit-taking is relatively rich. If there is not enough volume and support, it will be very dangerous.

In general...the core focus of the market today should be on the line of "emerging industrial chain" and the main line of "big infrastructure".

If you are not sure which of these two lines to follow.

I think it would be a good intraday trading strategy to split positions at the opening and bet on both Huawen Online and Huaxin Cement at the same time. "

"Indeed, the trend of the Huaxin Cement check during the call auction stage is very impressive." Zhang Wei took over Liang Jiucheng's words and said, "However, Lao Liang, I feel that in terms of emotional performance, there is still room for adjustment. In terms of timing, the Emerging Industrial Chain line is more explosive and has more room for growth, right?

I think that since many active short-term capital groups in the market have already adopted a "high-low switching" trading style in the past two days.

So, at this critical juncture.

Especially when market sentiment has not weakened or declined significantly, and at the same time, the major core industry sectors in the main field of 'emerging industrial chains', such as film and television media, Internet software, Internet applications, electronic information, as well as the ChiNext Index, the SME Index, the CSI 500 Index, etc., are still in an obvious oversold rebound cycle, and the upward momentum has not obviously weakened, it feels that at this time, the short-term capital groups in the market that have made profits in the main field of 'emerging industrial chains' are unlikely to turn back to the 'big infrastructure' line and continue to support the main institutional capital groups that are grouped in the main field of 'big infrastructure'.

Unless these institutional main capital groups are grouped together in the main field of "big infrastructure".

Continue to increase your holdings and pull up the market.

However, as for the main line of "big infrastructure", performance expectations have not yet been met and there is a certain degree of uncertainty in the third quarter report, especially when the adjustment of a number of core stocks is not sufficient and the corresponding valuations also reflect most of the current expectations.

I'm afraid there won't be many institutional funds willing to continue increasing their long positions at this position, right?
In general, I am still optimistic that the line of 'emerging industrial chain' can continue to develop. At least the check of 'Huawen Online' is unlikely to suffer a serious loss effect today, and it is likely to hit a new high. "

"I hope so!" Liang Jiucheng nodded. "Although I noticed the unusual movement of the 'Huaxin Cement' check during the call auction, I currently have no positions on the 'Big Infrastructure' line. If the funds pull this line... I'm afraid I'll miss out."

"No matter which way we go..." Zhao Zhiyuan said, "as long as there is no risk in the overall market, we can be a little more aggressive."

Following the ongoing discussion among several core main speculators in the 'Qilu Gang' main speculator group.

As time goes by...

At this moment, on the major stock investment exchange platforms in the two markets, countless retail investors have different opinions on the opening situation of the two markets today, as well as the performance of many popular stocks in the call auction stage. Some feel that it is not as expected, while others feel that it is in line with expectations.

Some people continue to be aggressively bullish, while others are hesitant and want to wait and see.

Some investors are turning from bulls to bears, thinking that the overall market or a number of popular stocks in the main line of the "emerging industrial chain" will most likely be adjusted.

Compared with the sentiment before the market opened, after the ten-minute call auction, the overall market sentiment was obviously not as strong, and some differences emerged.

"The opening price of the check for 'Chinese Online' should be lower than expected, right?"

Someone carefully looked at the specific transaction order and transaction details of "Huawen Online", the leading stock with the highest attention in the two markets, during the call auction phase, and said in thought.

"It's in line with expectations, right?"

"If it's in line with expectations, the stock should open at the daily limit!"

"Except for the positive stimulus from the external market last night, the positive news was actually very limited. I think it is obviously unrealistic to open at the daily limit. It is good to open like this now, so that the undecided chips can leave, and the firmly optimistic investors can have the opportunity to buy or increase their positions."

"Yes, it's better to have a change of hands than not to have one."

"Yesterday and the day before yesterday, the daily limit of the 'Huawen Online' check was significantly reduced in volume. There were a lot of profit-taking orders accumulated in the market. It is normal for the market to take over the check during the call auction today."

"It's mainly because of the unusual movement of the 'big infrastructure' line that has disrupted the general capital expectations of the 'emerging industrial chain' line, right?"

"Yes, several popular core concept stocks in the main line of 'big infrastructure' diverted some funds that should have flowed to several popular stocks in the field of 'emerging industrial chain', which led to the opening of the check for 'Huawen Online'."

"Let's see if the 'Chinese Online' check can be kept stable after the official opening."

"Yes, if it can hold steady and not experience a sharp drop, then it is possible that the market will continue to close."

"No matter how it goes, I am still optimistic about this check. As the core leader of the current market, compared with the increase of the previous check of 'Oriental Yuhong', I don't believe that the check of 'Huawen Online' will stop here."

"That makes sense. I am optimistic too. No matter which way it goes, I will increase my position decisively when the market opens."

On major stock investment exchange platforms across the Internet, amidst the heated discussions among a group of retail investors, the time soon came to 9:30.

When the clock hands just passed 9:30.

The disk, which had stagnated for a short time, suddenly began to jump rapidly.

The popular leading stocks that many investors focus on, such as 'Huawen Online', 'Huaxin Cement', 'Oriental Yuhong', etc., have seen even more dramatic changes in trading volume and fluctuations in stock prices.

With countless eyes focused on it and huge amounts of money at stake.

The trading volume of 'Huawen Online', the most watched leading stock in the two markets, exploded to over 4 lots at the moment of its official opening.

However, in the process of rapid increase in volume.

Its stock price formed a V-shape in just 20 seconds. After a brief decline, it instantly rose by 8% at an extremely fast speed.

At the same time, the stock of 'Huaxin Cement' had opened sharply higher.

After a brief and rapid rise, it went down again, showing a trend of opening high and fluctuating downward. (End of this chapter)