Rebirth of the Investment Era.

Chapter 616 Market selection of various institutions!

"Well, indeed." Mou Zhengxing responded, and said again, "But since the market trend has already begun to change, the only thing we can do is follow, right?"

Fang Xinsheng nodded, and said: "Well, at the same time, in the process of reducing positions and taking profits of the 'Brute Bull No. 1' fund, it is time to gradually lay out the core main line of the market 'big finance', and 'big infrastructure'. The main line of the market has entered the adjustment stage, and the market will inevitably switch between high and low."

"Okay!" Mou Zhengxing responded.

Then, he immediately ordered the two teams of traders in the trading room of the main fund to quickly adjust their positions according to the investment strategy Fang Xinsheng said.

However, Xinniu Fund Company began to change its investment strategy and sell its holdings of 'big infrastructure'.

When following up Masukura's 'Big Finance' mainline stocks.

Many other large institutional groups in the industry, as well as the vast number of retail investors who were envious of the hot money-making effect of the main line of "big infrastructure" before, and did not find suitable opportunities to intervene, are now seeing the core stocks of the main line of "big infrastructure" obviously pull back Under such circumstances, not only did not fear and feel the coming of the risk.

Instead, they all showed excitement and excitement, continued to invest funds, and bought bottoms to undertake the main line core concept stocks of "big infrastructure" that are undergoing callbacks.

Among them, especially on the main line of "big infrastructure" before, the positions were obviously insufficient.

Not so responsive.

In this consecutive quarter, the main institutional groups that have been short of the main line of the "big infrastructure" market, as well as some institutional groups that have issued new fund products, also did not find suitable opportunities to build positions and intervene. At this moment, they continue to increase their positions. Very strong.

Of course, there is obvious selling pressure on the main line of "big infrastructure", and the market trend is in the process of callback.

Everyone is still able to undertake such a radical undertaking. The vast majority of market participants and investors are unaware of the reason why there is a huge risk of a correction in this main line. The expected consistency of the market has been formed.

Everyone has formed the inertial thinking that the main line of "big infrastructure" will continue to rise, and the market's profit-making effect will always converge on this main line.

"Boss, I feel that today's main line of 'big infrastructure' is a bit abnormal compared to usual!"

In the entire "big infrastructure" main line field, corresponding concept sectors, industry sectors, and core individual stocks continued to explode in volume, and stock prices retreated one after another. At around 10 o'clock in the morning, at this moment, Yanjing, Yihe Capital, and the main funds In the trading room, Gao Xiang, the head of the fund trading team who had been increasing positions in the main line of "big infrastructure" before, frowned, turned his gaze to fund manager Chen Yihe, and said: "Several stocks that our fund has continued to increase positions in today In terms of disk performance, the selling volume has increased a lot, and it feels that due to the sharp drop in the external market, the profit-making funds gathered in these stocks have begun to flee and retreat.”

"It doesn't matter." Chen Yihe said, "Now the A-share index and the market are not quite following the US stocks. At the same time, the basic investment logic of the line of 'big infrastructure' has not changed. It is continuing to strengthen, and at the same time, the market volume and the financing balance of the two cities are also continuing to grow.

And this gives the line of "big infrastructure" a very strong financial undertaking force.

As long as the incremental funds pouring into the market continue to converge on the main line of "big infrastructure", as long as the market volume can be maintained at more than 3500 billion, then the main line of investment in "big infrastructure" is nothing to worry about. , according to the previous period of trend proof.

'Big infrastructure' is the core line of the market.

When the basic investment logic is still there and expectations are still strong.

All callback opportunities can be regarded as good opportunities to increase positions, which has been verified more than once in previous market trends. "

"What does the boss mean...we continue to increase our positions?" Gao Xiang asked in surprise.

Chen Yihe nodded with a smile, and said: "Naturally, we will continue to increase our positions. The market's 'bull market' expectations are getting stronger and stronger. In the current market, we can find out more certain than the line of 'big infrastructure'." Is it a major investment line? Since there is no... Then why don't you continue to increase your position and do more?
As long as the 'bull market' is expected, it is getting stronger and stronger.

As long as the hot money-making effect of the "big infrastructure" line is still there, even if this line enters a short-term adjustment, it will soon return to the upward channel and quickly recover today's intraday decline.

In short, no matter from which aspect we analyze, the correct approach for us at this time is to continue to increase positions, rather than wait and see to waste this opportunity, let alone fear of reducing positions.

In fact, at the position of the Shanghai Index, such a high amount of active funds in the two markets can.

Nothing to fear either. "

"Okay!" Gao Xiang, the trading team leader, thought for a while and said, "Since the boss thinks there is no problem, then continue to execute according to our previous trading strategy."

After finishing speaking, Gao Xiang continued to encourage traders to increase their positions and buy in the main line of "big infrastructure".

Especially for the new fund products that have just completed fundraising, taking advantage of the market's external trend and another big divergence moment, they bought the core chips of the main line of "big infrastructure" at a low level in the market, and quickly Increase the position level of new fund products.

Similarly, at this moment in Shanghai, inside the Yinghui Fund Company.

The trading room of 'Yinghui No. 1 Fund Product' and 'Yinghui No. 2 Fund Product'.

Two fund managers, Liu Guanhai and Shao Xiaoyun, after carefully observing the market, found that within the main investment line of 'big infrastructure', although affected by the trend of the external market, selling has increased significantly, but the power to undertake is still strong, and there are a lot of active investors in the market. Funding groups are still gathering in this main line.

Therefore, after weighing for a long time, it was still made to continue to increase the position to undertake the bargaining chip.

Continue to increase positions and do more trading strategies of the main line of 'big infrastructure'.

Of course, people like Yuhang Minghui Capital Co., Ltd., Yuhang Jingda Investment Co., Ltd., Yuhang Ruiyin Public Fund Co., Ltd., etc. have followed the main fund products of the "Yuhang series" to carry out position adjustment operations, and have long been involved in the main line of "big infrastructure" In the field, hoarding heavy positions, and harvesting a large number of profitable institutions.

Fund product managers of various institutions...

After discovering that the entire main line of "big infrastructure" was affected by the sharp drop in the external market, the volume of the market exploded one after another. After the stock price fell rapidly and corrected, after weighing it for a long time, seeing the pressure of selling on many core stocks increased greatly, I did not think about reducing positions. Take profit and gradually exit the position.

After all, in the hearts of institutional fund product managers.

It is easy to sell the chips of the main line of "big infrastructure", but it is quite difficult to buy them back at a low price, or at the original price after selling.

This is also in the most recent quarter.

In the market trend, many previously held the main line chips of "big infrastructure".

They often pretend to be smart and want to eat more profits from the main line of the market, but get out of the car early, and they will not get back their chips later. Only the main institutions that continue to chase high and buy, as well as the majority of retail investors, after the main line of "big infrastructure" continues to break through In the middle, the reason for complaining again and again.

The so-called, in the financial trading market.

It is also for this reason that it is easier to grasp the buying point than the selling point.

Many people have enjoyed the continuous main rise and breakthrough market of the main line of "big infrastructure" in the latest quarter, and have eaten this profit. At the same time, they have also seen many lost chips in the middle, and finally had to chase the rise at a high level, and continued to buy the lost chips at a high price. Come back, institutions and retail investors who have to continue to rely on the main line of "big infrastructure" for trading transactions will subconsciously rely on previous operational cognition.

Even if you feel the internal leverage of the line of 'big infrastructure', it may be loose.

Maybe a lot of funds locked up before have begun to gradually reduce their positions and take profits.

However, it will not be easy to reduce positions, or even liquidate positions, change trading strategies, and lose the investment initiative on the main line of "big infrastructure".

And under this kind of cognition collection of some people increasing their positions, some people reducing their positions, and some people holding their positions...

Accompanied by the passage of market trading hours.

In the market after 10 o'clock in the morning, the line of "big infrastructure" has gradually turned into a resistive decline after experiencing an extreme burst of intraday selling.

Even, at 11:30, when the two cities closed at noon.

Many core stocks in the main line of "big infrastructure" have rebounded a lot from the bottom of the early trading, showing signs of reversed intraday trends.

Of course, within the main line of 'big infrastructure'.

The relative concept is not so pure, some concept stocks that are hot.

After the fall, the rebound is not so fast.

"Boss, I feel that the line of 'big infrastructure' doesn't seem to fall very much!" After the market closed at noon, in the trading room of the main fund of 'Yuhang Investment Company', Wang Can pondered for a while after a brief resumption of trading, and turned his eyes to Su Yu said, "A lot of core stocks, after the rush to sell, became stronger than when they were in the early trading. I guess...as long as there is no new heavy bad news on the market news in the afternoon, the market will be closed in the afternoon. After the market opens, many stocks, with a high probability, will regain the sharp decline in the early trading."

Su Yu nodded slightly, and said with a smile: "The main line of the market 'big infrastructure' has been rising all the way since it was launched at the end of June. Sexual market expectations.

As a result, on this line, there are a lot of intentional funds who want to grab funds at low positions, or call back to intervene in increasing positions.

In addition, the Shanghai Stock Exchange Index has initially gotten rid of the influence of the trend of the external market. Under the strong leadership of the main line of "big infrastructure", it has a relatively independent trend.

in this way……

At this moment, the internal investment logic has not changed, and the basic investment logic and investment expectations of the main line of "big infrastructure" are still increasing. The expectations and emotions of investors on and off the market are still extremely high and excited about this main line on occasion.

The temporary crowding of some profit-making orders cannot suppress the market of this big main line in an instant.

But it cannot be denied that the internal bargaining structure of the main line of "big infrastructure" has begun to loosen and loosen under the influence of the external market last night and today's market trend.

As long as the main line of "big infrastructure" is inside, the main funds will continue to lose.

Regardless of the amount lost.

Then, it is enough to show that the internal bargaining chip structure of this main line is changing, and it is enough to show that here... is a short-term and medium-term profit-taking selling point. "

"Hmm!" Hearing Su Yu's words, Li Mengmeng thought for a while, and then said, "'Big infrastructure', the core main line of the market, with such a large volume, has been accumulated and deposited in the past few months. With so much market capital, even if the bargaining chip is loose, it should be a gradual process to enter the adjustment.

In the process...

The performance of the main line of the market at this stage, as well as the performance of the market, should be relatively chaotic, and the switching speed should be very fast, right? "

Su Yu smiled and nodded, and responded: "Yes, when the main line of 'big infrastructure' can no longer open up new upside space, and the internal continuous profit-making effect continues to weaken, the withdrawn funds will definitely find other sources in the market. The main line of the field is to make the market.

However, the basic investment logic of the line of "big infrastructure" is not bad, and there is no essential change in future investment expectations.

In this way, a lot of funds will definitely gather in this field.

This has led to the fact that even if the "big infrastructure" fluctuates sideways, or in the adjustment stage of large shocks, other main lines of the market want to gather popularity, emotions, and anticipation effects, and want to play a continuous profit-making effect, focusing on the "big infrastructure" It is not so easy to attract active funds on the main line of infrastructure'.

all in all……

At this stage, the market should fluctuate sideways for a long time.

At the same time, after the main line of the market, expectations, and emotions have been disrupted, it will take a lot of time and space to react in order to form a relatively consistent expected joint force on other main lines. "

"Then our plan to reduce positions on the main line of 'big infrastructure'..." Wang Can asked, "Does it need to be adjusted?"

Su Yu glanced at Wang Can, then at the trading team leaders, fund trading managers, and even the core traders in the trading room, and said loudly: "The main line of the market, my so-called 'big infrastructure', has gone. Market analysis and judgment on the top of the short-term market, this top is not a certain stock price position, but a range position.

As just said.

The line of "big infrastructure" is currently only an internal bargaining structure. Stimulated by the external trend, many profit-making positions on the market that cannot bear it have begun to take profits, which has led to the slack in its internal bargaining structure, but this does not mean that 'Big infrastructure; this line will enter the downward adjustment channel.

Maybe this big main line will continue to rise in the market outlook for a period of time.

Even, after recovering today's decline, it hit a new high in the market for a short time.

But this does not prevent us from judging that this main line has entered the short-to-medium term selling point range.

Regardless of the ups and downs of the stock price in the market outlook, our investment strategy and trading strategy for reducing positions will remain unchanged. Don't be too eager, cut it if you have a suitable opportunity, and wait if you don't have a suitable opportunity.

Such a large-scale core market main line.

Even if the chip structure is loose, there are signs of a change in the trend, and the market continues to trend, it is impossible to reverse it in a short period of time, or in an instant.

Therefore, we have plenty of time and many opportunities to complete our plan to reduce positions and take profits.

And the rebalancing plan! "

(End of this chapter)