Rebirth of the Capital Legend

"Emotions have spread to this point, but new OTC funds are still not obvious. This shows that under the current macro environment, no matter how strong or weak the market sentiment is, it is indeed difficult to attract OTC liquidity." Liang Jiucheng continued, "Without the support of new OTC liquidity, we can only continue to view the market structure as a stock game, and in a stock game market environment... our expectations cannot be too high.

The 'emerging industrial chain' line can still rebound a little bit with the help of emotions.

But this space is most likely risk-profit space.

That is to say, at this point in time, the line of the 'emerging industrial chain' is likely to have only selling points, but no clear buying points. "

"What about the 'big infrastructure' line?" Zhao Zhiyuan asked, "or what about the main sectors on the main board, such as liquor, white appliances, medicine, consumption, electricity, and finance? If the 'emerging industrial chain' line cannot be released, the incremental funds added off-site are limited, and it also touches the area where the previous historical locked-in shares are concentrated, it will be difficult to open up space. Then, Lao Liang, do you think the market will turn around and continue to do the 'big infrastructure' line, or continue to hold on to the main board weight sectors such as liquor, white appliances, medicine, consumption, electricity, and finance?"

"I think it's enough." Liang Jiucheng said, "Looking at the market trend, the main line of 'big infrastructure', and the K-line performance of a number of main board weight sectors such as liquor, white appliances, medicine, consumption, electricity, and finance, it feels that the internal chip structure of these main lines has not been adjusted and there is no motivation to continue to attack. At the same time, the current position of these major main lines basically reflects the previous expectations.

To further strengthen the expectations...

I think it may still require the catalysis of the third quarter reports of these major leading companies related to the main lines.

The third quarter report will most likely be disclosed in October.

Of course, it is not ruled out that funds in the market are speculating on this expectation in advance, but at least there is no sign of this at present.

I think the correct operation idea at this time is to be light-weight, keep enough funds, and continue to observe the market trend. This may be more proactive. "

"I agree." Zhang Wei nodded slightly. "There is no obvious sign of incremental funds entering the market from the OTC. In the market environment of stock game, the market trend will inevitably continue to fluctuate. At the same time, looking at the trend of the Shanghai Composite Index, it has obviously been a bit weak in recent days. I feel that the index is still likely to fall back to 3000 points and continue to confirm the support of the breakthrough. If the Shanghai Composite Index falls back to the support position of 3000 points, then the ChiNext Index and the Small and Medium-sized Enterprises Index will inevitably follow suit."

"I am not optimistic about the overall market of the 'emerging industrial chain'," said Zhao Zhiyuan. "I think the market index will most likely continue to move sideways with reduced volume, but there should still be a few core leading stocks that can stand out, and the local profit effect of the market will most likely be maintained."

"It's hard to say." Liang Jiucheng said, "Looking at the major main lines of the market, they have basically rotated recently, and in the main field of 'emerging industrial chain', a number of related industry sectors and concept sectors have accumulated a lot of short-term profit-taking. The reason why these profit-taking plates have not been sold in a concentrated manner is mainly because the general bullish sentiment shown by the market has not yet shown a significant ebb. At the same time, the core leading stock 'Huawen Online' has maintained a continuous board trend, but this situation... With the potential selling pressure increasing and the potential buying power gradually weakening, it can change at any time. Once the market falls into a violent correction trend of general decline, it is really hard to say whether the core leading stocks can hold up, and it is also possible that the mud and sand will be dragged down.

Again……

Even if the core leading stock 'Huawen Online' is expected to move upward at the moment, and its final landing point can reach a height of seven boards.

At this current position, the emotional side has already been fully reflected.

Faced with the risk of two or three consecutive limit downs in the face of a reversal of sentiment, I think the cost-effectiveness of continuing to go long is extremely low. From the perspective of short-term trading logic, it is not worth continuing to gamble at all.”

"I also think that continuing to gamble on Huawen Online is not cost-effective." Zhang Wei nodded and continued, "At this moment, from the perspective of future expectations and certainty, it is better to buy Oriental Yuhong shares in a grid form than to continue to take over Huawen Online and gain subsequent risk profits."

"It must be difficult for Oriental Yuhong to continue the third wave of the main upward trend, right?" Zhao Zhiyuan pondered for a moment and said, "Besides, no one knows whether Fuxing Road, which was previously heavily invested in this stock, has left now. In other words, the current Oriental Yuhong check has insufficient certainty after overdrawing most of the expectations. Once Fuxing Road leaves the market, it is likely that this check will be difficult to hold up at this valuation. In fact, there is no essential difference between this check and the Huawen Online check. They are both just speculations, but the nature of the internal funds guiding these two stocks is different."

"That's not wrong," Zhang Wei said, "but comparatively speaking, the Oriental Yuhong check is definitely much safer. After all, looking at Oriental Yuhong's recent Dragon and Tiger List data, it's not just the Fuxing Road funds that have heavily locked up this stock, there are also other major institutional funds that have locked up positions in this check.

And you look at the volume performance of this check...

Basically, every increase is small, or in slight increments.

But every time there is a pullback, the volume is reduced.

Generally speaking, this kind of trend is not the end of a stock trend, or the topping trend, but the relay adjustment stage in the upward trend.

And from the perspective of future expectations, the expectations for this check from Oriental Yuhong are still sufficient, right?
Based on the number of orders on hand to be executed, performance explosion is guaranteed.

The current operating methods of "Fuxing Road" are completely different from before.

I think that the stock "Fuxing Road", which is carefully selected by funds, especially the stocks with clear heavy holdings, is still worth continuing to look at and is worthy of trust.

If this check can fail, then the risk of failure for other stocks in the market will be even greater.”

As far as his personal trading operations are concerned...

Although he has been chasing the short-term market trend of the main line of "emerging industrial chain" in recent days, he has not moved his position in the core leading stock "Oriental Yuhong". Not only will he not move, but there is a high probability that if the stock price of "Oriental Yuhong" falls sharply in the future, he will decisively increase his position.

Of course, the reason why I am so optimistic about the check from 'Oriental Yuhong'.

Nor do I believe in the vision of the capital of "Fuxing Road".

In fact, he still thinks that with the explosive growth of the "real estate industry chain", the check from "Oriental Yuhong", as the "leader in waterproofing", will definitely have a good future.

Besides, as he said...

This check reveals the continued increase in the number of orders in hand.

He believes that this check can maintain a significant increase in performance in the next year, and this is what he believes is certain.

Along with the continuous discussion among several core main speculators in the 'Qilu Gang Main Speculator Group', and the debate on their views on market trends.

The market trading time at this moment has entered around 10:20.

After nearly an hour of intense trading.

At this time, the market trend style and hot spots in the two markets continued the trend at the beginning of the trading, with the rebound of small and medium-sized boards and small and micro-cap stocks as the main focus. The market weight main sectors and the leading stocks in the corresponding industries generally showed a trend of adjustment with reduced volume. Among them, the core leading stocks such as "Huawen Online" and "Huawen Media" that had hit the daily limit early on were also motionless at this moment, and the daily limit orders remained in a relatively abundant situation.

And at this moment, on all major stock investment exchange platforms across the Internet.

Especially in the stock investment exchange forum where numerous retail investors gather, the discussion about market trends is still heated, and the consensus expectations are getting stronger and stronger. "Will the 'Quantong Education' check also hit the daily limit?"

"Hey, I knew that the two concept sectors of 'online education' and 'film and television production' would continue to explode today. Unfortunately, I was timid during the call auction. When I saw the 'Huawen Online' check opening, I didn't dare to buy it. As a result, after the official opening, I couldn't buy it even if I wanted to."

"Me too. I had made plans before the market opened to buy the leading stock 'Huawen Online'. However, when the call auction started at 9:20, I saw the number of matched orders rapidly increasing. The market showed that there was a risk of a delisting, so I quickly withdrew my orders. In the end, I didn't buy the stock at the opening price limit, so I could only follow the trend and buy some chips of 'Huawen Media', but the cost was still a bit high."

"As long as the trend of 'Chinese Online' can be stable and close at the end of the day, I think there is actually not much difference between buying 'Chinese Online' and buying 'Chinese Media'."

"When both stocks are trading at their daily limit, there won't be much difference, but once the market adjusts...then the difference will be huge."

"Looking at today's market trend, it's unlikely that there will be an adjustment, right?"

"In an obvious surge, where is the adjustment trend? Looking at the situation, it is clear that there will be more surges in the future. Haven't you seen the active capital flow in the market? Is it still converging towards the major sectors of film and television media, Internet software, and Internet applications?"

"That's true. The main funds are flowing in. There's no reason for adjustments today."

"I feel like the 'online education' sector is going to see a surge in daily price increases today!"

"Hey, I bought Huaxin Cement this morning. Now it seems like a scam. The call auction trend exceeded expectations, but I didn't expect it to be so weak after the opening."

"The 'big infrastructure' line is generally weak, and 'Oriental Yuhong' is still adjusting today."

"I feel that the market style is obviously different from before."

"That's right. It has clearly shifted towards the SME Board and GEM constituent stocks. Now it is still holding on to the leader of the 'big infrastructure' main line. It is a bit behind the market trend."

"If I can't buy the two checks for 'Chinese Online' and 'Chinese Media', what else should I buy?"

"Buy LeTV.com. I feel that as long as the trend is in the SME board and GEM, the stock price will definitely go up. And based on the historical trend and the path of capital speculation, basically, every time there is a market in the 'emerging industry chain', the stock price of LeTV.com is indispensable."

"This check is naturally good as the weight of the 'ChiNext Index', but I feel that its flexibility is limited!"

"If you want flexibility, then the QuanTong Education check is the best choice. Although the check has risen a lot, the monthly chart of the K-line shows that it is definitely still at the bottom."

"Does anyone think highly of the Ren Zixing check? It seems to be trending strongly."

"It was originally quite recognizable, but after being overtaken by the 'Chinese Online' check, it seems to be less popular now."

“Although the popularity is not very high, the trend is really strong. It has been on the rise for three consecutive days.”

"Is this check also a follow-up stock of the 'Chinese Online' check?"

"It can't be considered following the trend, right? Both checks were basically launched at the same time, but 'Ren Zixing' didn't come out first and lagged behind by two boards."

"As long as the 'Huawen Online' check continues to open up new heights, the 'Ren Zixing' check will most likely follow suit, and... I always feel that compared to the 'film and television media' line, the domestic software sector and the 'cybersecurity' concept field are obviously more promising."

"The trend of 'Internet Finance' branch is also good today!"

“That’s true, but today’s ‘Internet finance’ sector should follow the logic of ‘Internet software’ rather than finance.”

"Of course it's not finance. Didn't we see the securities sector continue to fall after a brief pulse? If it follows the logic of finance, then the branch line of 'Internet finance' would not be able to come out today. However, I feel that this sector will have a higher explosive power when the 'big finance' sector is rising."

"That's not necessarily true. Banks and insurance companies have all soared, but I haven't seen any corresponding stocks on this branch follow suit!"

"Banks and insurance companies have always moved independently, and we have to look at the trend of the securities sector."

"But the trend of the securities sector is quite bad!"

"Forget it, let's focus on the core hot spots. The current hype logic of the 'Internet finance' branch line is really a bit far-fetched. I feel that this branch line may not go far."

"Indeed, it is better to focus on the three core sectors of film and television media, Internet software, and Internet applications."

"It's just not easy to take over. Many stocks have risen a lot, so it's hard to make a move."

"Just pick the leading stocks and don't look at how much they have risen in the early stage. The key is to see how much they can rise in the later stage."

"The leading stocks have reached their daily limit, so I can't buy in at all. I can only buy trend-following stocks. I just hope that today's market trend can maintain a big positive trend until the closing."

With the heated discussions among countless retail investors across the Internet and the sharing of ideas for trading...

As market trading hours continue to progress.

Before we knew it, the market trading time had already entered after 11 o'clock.

When it came to the last half hour of the midday closing, the intraday trading volume of the two cities began to weaken further. At the same time, the market trends of the major main lines of the two markets, as well as the feedback from long and short positions, also began to form a relative balance. The overall trend showed a trend of shrinking volume and sideways trading.

It seems that the trading enthusiasm of both the bulls and bears in the market has weakened.

In other words, the smart investors in the market have calmed down and are waiting for the next new signal of market change. (End of this chapter)