Rebirth of the Investment Era.

"The 'Military Industry' main line sector index has reached a new high."

Seeing that the entire mainline field of "military industry" has set off a wave of daily limit, and at the same time the mainline field of "big infrastructure" has also risen sharply. Chief Yu Lei said in a rather excited mood: "It seems that the two main lines of 'infrastructure' and 'military industry', under the guidance of the 'Blue Stone Heavy Equipment' check that continues to exceed expectations, the second wave of the main rise in the market, there is a high probability It's started."

Liu Guanhai, who was standing next to Yu Lei, chuckled and said, "The market trend of the 'Blue Stone Reloading' check really exceeded the market's expectations. Who would have thought that this check would be able to reach this level?"

"Yes!" Yu Lei said with emotion, "It shocked everyone."

Liu Guanhai paused for a moment, and continued: "It's still early for us to stick to our original investment strategy, and didn't take the risk of 'switching between high and low'. Otherwise, at this moment... I'm afraid we'd be caught blind."

The overall upward trend of the market.

Once the main line chips are lost, it is usually difficult to get them back.

For example, I have seen the two major industry lines of 'military industry' and 'infrastructure', as well as hype around core concepts and themes such as 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'. A group of conceptual sectors continued to fluctuate and adjust, thus choosing to take profits and take profits, and a large amount of funds flowed into the low-level "big finance", "big consumption" and "technological growth" main line fields.

At this time, the main line of "military industry" hit a new high, showing a breakthrough trend again.

At the same time, the main line of 'infrastructure', as well as core concept themes such as 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', etc., have all recovered and continued to explode in volume. When the main line of 'Military Industry' makes a breakthrough trend.

These groups of funds who left the market early.

At this moment, it is simply impossible to reflow these core lines and get back the bargaining chips sold before without loss.

"Yes!" Yu Lei said with a smile, "This round of turmoil lasted for more than a month. Looking back now, it is obvious that it is another round of main fund laundering. Now the two main lines of 'military industry' and 'infrastructure', As well as many concept leading stocks that revolve around concepts such as 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', the internal bargaining structure may have been adjusted."

"Hmm!" Liu Guanhai said, "According to the bargaining chip structure of many popular stocks, the holding costs of the internal investors have obviously concentrated in the core range of recent shocks after more than a month of market volatility. That is to say, a lot of profit-making funds that were involved before have indeed left the market, and several main lines and related core stock chip structures have obviously undergone reasonable adjustments.

When the cost of holding positions of various popular stocks has risen in an all-round way.

Chip structure re-condensed.

As long as the two main lines of 'infrastructure' and 'military industry', as well as the major macro policy directions of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises' remain unchanged, the corresponding core stocks will The basic logic of future expectations and hype is there.

Then, with these main lines, it is obvious that there is still motivation to continue to promote and hype.

What's more, the strong profit-making effect and the extreme height of hype generated by the check of "Blue Stone Reloading" have given the popular mainline core stocks in the entire market an opportunity to revaluate their value.

After 'Bluestone Reload' this check moves.

Only then did the funds in the market suddenly realize that the stock price can still be speculated like this, that the investment sentiment and hype sentiment on the market are so hot, and that everyone's ability to follow suit is so high.

in other words……

Thrilled by the 'bluestone reload' check.

At this moment, the ecological structure of the entire market should have changed.

Whether it is the risk appetite of the main funds such as hot money groups and institutional groups, or the risk appetite of retail investors, they are currently rising rapidly.

The risk appetite of the entire market has risen rapidly.

Naturally, it will quickly push up the valuation of the entire market.

Obviously, under the logic of increased risk appetite and rising valuations in the entire market, as a market, the "infrastructure" with the largest synergy effect of funds, the most serious follow-up effect of investor groups, the hottest money-making effect, and the strongest future expectations ', 'Military industry' industry main line, as well as 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises' and other conceptual theme lines, will definitely be the first attack and promotion of the main funds of all parties It also makes these popular main lines continue to become the market leaders. "

"Agreed!" Yu Lei nodded slightly, "Actually, the market trend at the moment has gradually become clear, and everyone can see that funds are fully concentrated in the hot main lines of the market such as 'infrastructure' and 'military industry'. The new choice direction of the market has basically come out.

That is the so-called 'high-low switching' is a false proposition.

What really suits the market trend and is also the truth of the market is "the strong will always be strong"! "

"Haha... That's true." Liu Guanhai laughed, "A bear market is closed when it's good, a volatile market is not greedy or grabbing, a bull market... the best strategy is to cover stocks."

"Well!" Yu Lei continued to nod, his eyes still staring at the disks of the two markets, observing the changes in the volume and energy of the two markets, and said with a smile, "This round of rising market broke out, and the Shanghai stock index broke through 3000 points. Basically, there is nothing wrong with it." Are you in suspense?"

Such strong market sentiment and hype sentiment assists.

Yu Lei felt that the two core lines of 'infrastructure' and 'military industry' continued to rise and change.

The 3000-point mark for the Shanghai Stock Exchange Index should be within reach.

Moreover, according to the current market sentiment interpretation and changes in investment confidence, everyone's expectations for the Shanghai Index to hit 3000 points are quite high.

The so-called weather, location, and harmony are all ready.

At this time, if the stock index can't break through 3000 points...then he really doesn't know under what circumstances he can break through?
Liu Guanhai pondered for a moment, then responded: "It stands to reason that as long as the check for 'Blue Stone Reload' can continue to hit the height of two boards, it will slightly intensify the investment sentiment and hype sentiment in the market, and reduce the investment risks in the two cities." Consciousness is pushed a little higher.

Then, it is basically not difficult for the Shanghai Index to break through 3000 points.

After all, the volume of the two cities is now almost reaching 5000 billion.

The amount of 5000 billion can be expressed!
The performance of this volume is basically equivalent to the volume of the hot bull market in 07. Under the support of this volume, as long as the market does not suddenly suffer heavy losses and win 3000 points, there will be no pressure at all. At the same time, After more than a month of continuous shock adjustment in the market below 3000 points.

The heavy profit taking in popular main lines such as 'infrastructure' and 'military industry' has been significantly reduced.

After the readjustment of the bargaining chip structure, the cost of internal holdings increased significantly.

The pressure on the 3000-point accumulation of chips has also been greatly reduced. Breaking through at this time... should be much easier than it was more than a month ago. "

"As long as the stock index breaks through 3000 points, the bull market expectations should be fully formed." Yu Lei chuckled and continued, "At that time, the entire market, all major sectors, and all stocks should benefit, right? After all, once the investor groups in the entire market form a consistent 'bull market expectation'.

Then, it is time for the valuation level of the entire stock market, as well as risk appetite, to increase significantly.

When the valuation level of the entire stock market is rising.

Naturally, all stocks will usher in a sharp rise.

And obviously, I feel that this stage is very close to us. At least the current market investment sentiment, investment confidence and risk awareness preference are not much different from the bull market stage. "

"That's natural!" Liu Guanhai nodded, "I just hope that the core stocks of 'military industry' and 'infrastructure' held by our fund will rise far beyond the broader market and go out of a wave of rising market trends compared to the first round. , A more favorable market is coming, so...we can fully make up for the operational mistakes in June."

Yu Lei smiled, and said: "There should be no problem. Thanks to our firm holdings and continuous increase in positions in the latest quarter, the current net value performance of our 'Yinghui No. 1' fund product has returned to normal." At the top of our institution, the net value of the 'Yinghui No. 2' fund has fallen behind us in the past two days."

Following the excited and excited discussion between the two.

As the main lines of "infrastructure" and "military industry" rose sharply, the net value performance of the "Yinghui No. 1" fund product managed by the two once again set a new high in recent years and a new high in the year.

At the same moment, it was in the trading room of the 'Yinghui No. 2' fund product next door to the two of them.

Shao Xiaoyun, the fund manager who is the manager of the 'Yinghui No. 2' fund, is frowning at this moment, and his mentality is almost bursting.

After their funds have substantially reduced their positions in core mainline chips such as 'infrastructure' and 'military industry'.

Based on the idea of ​​"high-low switching", the position has been substantially adjusted to the low-level main line of "technological growth". , its core constituent stocks are also continuing to adjust downward.

In other words, when the index has risen sharply and the market-wide money-making effect is becoming more and more popular.

Not only are their funds not profitable, they are losing money.

This is hard for Shao Xiaoyun to accept.

"Hey, I didn't expect that the idea of ​​'switching between high and low' in the market would not work at all." Shao Xiaoyun said helplessly, "Under the continuous divergence of funds in the core lines of 'technological growth', 'big finance', and 'big consumption', , The main fund group in the field has returned to the main line fields such as 'infrastructure' and 'military industry' to make orders, and has returned to the market trend of 'the strong will always be strong'.

Our previous position adjustment was done according to the idea of ​​'high and low switching'.

What a mistake.

Factors such as the differences and sentiments of the market itself, the hype effect, and the difficulty of making money are not considered! "

Seeing Shao Xiaoyun's remorseful expression, Liu Changling, the trading team leader who sat next to Shao Xiaoyun, kept silent and stared at the trading boards of the two cities seriously, replied: "Actually, I think we chose the idea of ​​'switching between high and low'. Wrong, it’s just that funds have been unable to form a joint force on the low-level main line. We didn’t think about it in advance. Of course... also in the current macro news, there is no low-level main line of 'technological growth', 'big consumption', and 'big finance' The big news in the direction is good for timely stimulation.

Thereby further arousing the hype in these low-level mainline areas.

Otherwise, the main capital group in the market should not have no choice but to turn around and return to the high-level main lines of 'infrastructure' and 'military industry' to continue speculation.

in other words……

I think the main funds are once again converging on the main lines of 'infrastructure' and 'military industry'.

It was purely helpless.

After all, the current core main lines of the major markets of 'infrastructure' and 'military industry', as well as the stock 'Blue Stone Heavy Equipment', continue to expand the space and height of speculation, and continue to stimulate the hype and enthusiasm of these core main lines. The capital follow-up effect guides the capital groups to continue to gather and carry out speculation on these popular main lines.

As for the other mainline fields, they are still obviously far behind emotionally.

However, I think that the check of "Blue Stone Reloading" will only stimulate the popular main lines of the major markets such as "infrastructure" and "military industry" for a short period of time, and will not make these core main lines move forward. The quarterly continuous main rise in the market, after all, what this check induces is only a short-term change in sentiment, not an increase in expectations or a further change in fundamentals. "

Shao Xiaoyun listened to Liu Changling's words, pondered for a moment, and responded: "So, you think we follow the idea of ​​'high-low switching', which is actually not wrong. I also think that the core main lines of the major markets such as 'infrastructure' and 'military industry' , is currently just a rebound, not a breakthrough?"

"Well!" Liu Changling nodded and continued, "Judging from the direction of expectations, the current core expectations of 'infrastructure' and 'military industry' have actually been fulfilled in the last quarter of continuous growth. Under the strategic policies of macroeconomic policies such as "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Restructuring of Central Enterprises and State-owned Enterprises", these two main lines still have no strong room for imagination in the future.

But analyze at the current point in time.

Among them, the short-term expected difference in strength space is significantly lower than the main lines of 'technological growth', 'big consumption' and 'big finance'.

There is not enough space on the expected difference.

I don't believe that when the internal bargaining chip structure of these major core lines is obviously loose, and the space and time for adjustment are not very sufficient, the short-term group funds gathered by the "Blue Stone Reloading" even the monster stocks will be short-term. , How high can these core lines be played?
As long as these main lines are not breakthroughs, they are rebounds.

Then, as long as the emotions that these major main lines gather for a short time fall back.

Its internal profit-making will come out faster, and it will also make the funds return to the low-level main line to make orders.

Furthermore, the so-called end of the crossbow cannot be worn out, and there is no strong drive from stronger expectations. The main lines of "infrastructure" and "military industry" want to go further and complete a substantial breakthrough, leading the Shanghai Stock Exchange Index to break through the barrier of 3000 points. above, is unlikely.

So, Mr. Shao...

I don't think we can mess with ourselves at this point.

Not to mention that because of the short-term downturn of the low-level main line, we should not rashly adjust our positions to chase stocks in the main line fields such as 'infrastructure' and 'military industry', thinking about chasing higher to get back the bargaining chips we have already reduced our positions.

Wait, we can only wait patiently at this time.

If it is true that the main lines of "infrastructure" and "military industry" have gone out of a trend of substantial breakthroughs and formed a second wave of major upward trends, it has completely exceeded our expectations and bankrupted our previous strategies.

So, our correct way to adjust positions.

It should also wait until these major core lines lead the Shanghai Stock Exchange Index to break through 3000 points, and then adjust positions in the right direction, which is the lowest risk operation method. "

"Okay!" After Liu Changling said this, Shao Xiaoyun felt more or less relieved, nodded slightly, and replied, "Then wait patiently."

After careful contemplation, he also felt that he should adjust his position to chase after the stock index near 2900 points.

The risk is not small.

At the same time, there is also the possibility of being slapped in the face on both sides.

After all, as far as the current situation is concerned, 'infrastructure' and 'military industry' have increased the core main line. Although the stock 'Blue Stone Heavy Equipment' has continued to exceed expectations, there are signs of a breakthrough, but after all Without a substantial breakthrough, the certainty is not very high.

Following the comprehensive discussion between the two, they continued to strengthen their previous trading strategy and position policy.

At this time, the market trading time has come to 11:30.

The two cities ushered in the noon closing.

I saw that after half a day of trading, the Shanghai Stock Exchange Index broke through 2900 points. In the two major industry lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', 'Nuclear power', 'Shanghai Free Trade Zone' and other conceptual sectors, driven by the outbreak across the board, soared by more than 1 point.

At the same time, the turnover of the two cities also saw a sharp increase from the previous month.

In just half a day, the turnover of the two cities has reached more than 2700 billion. If there is no accident, the turnover of the two cities will hit a new high at the close of trading today, which should be a certainty.

It is also driven by the unexpected daily limit of 'Blue Stone Reloading'.

In the entire market, the sub-new stocks listed in the last two months have also been directly stimulated, and they have been concentrated and hyped by a large number of short-term main capital groups, setting off a wave of daily limit. (end of this chapter)