Rebirth of the Capital Legend

"That's right." Li Jinshi nodded slightly and replied, "Since everyone feels that the market rebound driven by the main theme of 'big infrastructure' has weakened at this point, it is time to take short-term profits, so let's take profits and withdraw tomorrow.

If various funds in the market have a high degree of recognition of the core theme of "big infrastructure".

Then, after the emotions are vented, the chip structure will be further consolidated, and there will definitely be a way out in the future.”

Although in today's market trend, the core theme of "big infrastructure" and many core hot stocks have set new highs in the rebound with large volume.

But in terms of market sentiment feedback, Li Jinshi also feels that it is time for short-term sentiment to decline.

There are also some problems with the market volume.

This made him somewhat worried about the future market trend. After all, volume precedes price. Without sufficient volume support, it would be difficult for the stock price to continue to rise.

The three of them made adjustments to their subsequent trading plans during after-market analysis.

Among other major speculators in the industry, other speculators participating in the market also have many different views on the subsequent market trends.

Among the main hot money group of 'Qilu Gang' that focuses on the check of 'Greenland Group'.

Zhao Zhiyuan is still firmly optimistic about the future market trend of the "big infrastructure" main line, and plans to persuade Liang Jiuchen and Zhang Wei to continue to lock in positions to maintain the stock price tomorrow, so as to maximize the profits from this wave of speculation in the market surrounding the "big infrastructure" main line.

"In today's market trend, various fund groups are beginning to converge more and more on the main line of 'big infrastructure'." Zhao Zhiyuan said, "Lao Liang, Lao Zhang, looking at this situation, in the next few days, the core main line of 'big infrastructure' is likely to follow the expected trend of shrinking volume and accelerating, right?"

Liang Jiucheng responded: "It's hard to say. Today, although the active capital groups in the entire market are increasingly concentrated in the main field of 'big infrastructure', and the core main line of 'big infrastructure' has also undergone divergent turnover today, adjusted part of the chip structure, and cleared most of the profit-taking, but due to the market volume, it still has not been completely released. Whether it can form a shrinking and accelerating market in the future is hard to say."

"Yes, in today's market trend, the core theme of 'big infrastructure' has once again turned from divergence to consensus in terms of sentiment, which is quite good, but the volume feedback is a bit bad." Zhang Wei also responded at this time, "It can be said that the funds for the stocks corresponding to the 'big infrastructure' theme during the day mostly came from the loss-making funds of the low-level sectors, rather than the incremental funds that followed the trend from the off-market.

The concentrated pursuit of these funds at a loss has a very limited stimulating effect on the subsequent trend of the main line of "big infrastructure".

After all, the risk tolerance of these funds is not very high.

Once tomorrow, or even in the next few trading days, the leading stocks in the core main line area of ​​'big infrastructure' experience large market fluctuations.

Then, these newly added funds that are chasing the market at a loss will retreat quickly like a frightened bird.

This is not a good thing for the medium- and long-term development of the market.”

"It seems we have to wait and see." Zhao Zhiyuan sighed and said, "However, the stock of 'Greenland Group' is also a core industry leader in the real estate sector. I think it belongs to the main institutional position building range. If the overall market sentiment is okay tomorrow, I think we can continue to wait and see if there are any institutions entering the market to build positions. If there are signs of institutional positions, we can continue to look ahead and sell the chips in hand to the institutions that have built positions after the bullish sentiment in the market has completely turned bad."

Today's core leading stocks in the main field of 'big infrastructure'.

In particular, many leading stocks in the real estate sector have shown signs of large-scale institutional buying.

This gave Zhao Zhiyuan some expectations.

"Although the Greenland Group is a leading stock in the core industry of the real estate sector, it is a reorganization and backdoor listing with relatively few circulating chips. It is estimated that institutional funds will not easily build a position." Zhang Wei did not have much expectation for this. He paused and said, "After all, institutional funds must first consider liquidity, and the liquidity of the Greenland Group is actually not high."

"Institutions have their own strategies," Liang Jiucheng said. "We don't need to pin our hopes for the subsequent market trend on institutions. We can just look at the market sentiment and the follow-up effect of retail investors. As long as these two factors have not completely receded, the market can continue to move forward."

"There is also the trend of the Hong Kong stock market, which can be used as a reference," Zhang Wei reminded.

Through his observation, he found that the trends of real estate and infrastructure-related stocks in the Hong Kong stock market have a strong correlation with the A-share market in recent times.

Moreover, the trend seems to be stronger than that of corresponding A-share stocks.

If one wants to observe changes in market sentiment and the feedback effect of capital taking over, he thinks the trend of the Hong Kong stock market is a good object to observe.

"The nature of the main funds in the two markets and the valuation anchors are still different, right?" Zhao Zhiyuan said, "In addition, the trend of the Hong Kong stock market is more easily affected by the trend of the external US stock market. I feel that it cannot be used as a leading indicator. I think it is better to look at the core concept stocks held by Huayi Capital as a leading indicator of the market trend and sentiment."

"Well, the trend of the concept stocks held by Huayi Capital mentioned by Lao Zhao is indeed very important for the overall market sentiment feedback on the long position, as well as the hype trend of the entire 'big infrastructure' main line." Liang Jiucheng agreed, "This wave of 'big infrastructure' main line market, in theory, was originally discovered and guided by Mr. Su of Huayi Capital, and currently in the market, retail investors and institutional capital groups are following the trend the most, and the area where funds are most concentrated is the core weighted stocks that Huayi Capital has recently used the seat of Fuxing Road to continuously buy on a large scale and build positions.

If these core weighted stocks can continue to strengthen in the next few trading days, the funds will continue to flow in.

This shows that the market's bullish sentiment, especially the bullish sentiment focused on the core theme of "big infrastructure", can still diverge.

It also shows that the subsequent funds can still take over the market.

In this way, we can continue to maintain the market of the "Greenland Group" stock, continue to guide the follow-up funds, and let them follow the rise of several heavyweight leading stocks that the "Huayi Capital" institution has focused on building positions, thereby further expanding our holdings profits.

If the institution "Huayi Capital" focuses on building positions in several leading heavyweight stocks.

There was an obvious lack of funds to take over the market. The market rose and fell several times, and was unable to create a new intraday high. There were even frequent large sell orders during the day, and it was obvious that large funds were retreating.

Then, we should immediately take profits and exit the market quickly, waiting for the market's bullish sentiment to cool down and for the entire 'big infrastructure' main line to undergo a drastic adjustment. "

"Yeah, that's what I think too." Zhao Zhiyuan said with a chuckle.

"Lao Zhao, Lao Liang..." Zhang Wei pondered for a while and continued, "In today's market trend, the index and other main line sectors have obviously stopped following the rise of the 'big infrastructure' main line. The polarization of the two markets is extremely obvious. This trend is the end of the rebound. I feel that the main line of 'big infrastructure' can continue to rise.

I'm afraid this is an opportunity where the profit and risk are disproportionate.

I was thinking that as the short-term sentiment towards the core theme of "big infrastructure" gradually turned from strong to weak, there was a divergence between bulls and bears on the main line.

Are there any clearer opportunities for other main lines?

Can we choose a ‘high-low switch’ opportunity to guide funds to flow in this direction? ”

Liang Jiucheng responded: "Lao Zhang, your idea is good, but... it's a little unrealistic. In today's market trend, there are actually a lot of funds that want to do 'high-low switching'. Look at the low-level mainline sectors such as Internet software, film and television media, 5G, electronic information, etc., aren't there a lot of small-cap concept stocks that have shown a pulse trend when the corresponding hot stocks and heavyweight stocks in the 'big infrastructure' mainline have too much selling pressure and are diving?"

Zhang Wei observed the sectors Liang Jiuchen mentioned, such as Internet software, film and television media, 5G, and electronic information.

We have indeed discovered quite a few small-cap concept growth stocks that have experienced intraday pulse trends.

"I just found that these low-priced sectors have funds testing the market to push them up, so I wonder if there is an opportunity for 'high-low switching'." Zhang Wei continued, "Pulling down small-cap stocks far away from the core area of ​​​​lockdown, the pressure will always be less than the 'big infrastructure' main line relatively high-priced stocks that have already touched the core area of ​​​​lockdown, right?"

"That's not necessarily true," Liang Jiucheng said. "Whether we focus on core leaders or switch between high and low, the fundamental logic of our trading is to follow the trend. Without the joint efforts of various funds in the market, it will be difficult to distribute chips even if the stock price goes up.

This is like some of the stocks in the market where there are too many investors.

Even if they can dominate the stock price of this stock and draw a beautiful and smooth graph.

However, without the core underlying logic and the joint efforts of other retail investors, hot money and institutional funds in the market, it will ultimately return to where it came from.

Although short-term trading is a zero-sum game, it is a game of passing the parcel.

But that requires someone to be willing to participate in the game.

The other main market lines at present, especially the ones you mentioned, are the low-level Internet software, film and television media, electronic information... and other main sectors.

Everyone can see to what extent the volume has shrunk.

Moreover, with such volume, many large funds trapped in these main areas are still experiencing continuous stop losses.

In this situation, without the support of underlying logic and the assistance of emotions, if we suddenly intervene, it is very likely that we will not make any money, but will be deeply trapped in it, becoming a wedding dress for the funds that come out of it.

I think the weaker the market is, the more we should focus on the core line.

Moreover, judging from the current market situation, this volume performance can only support the continued upward movement of the core theme of "big infrastructure".

Don't mention 'high-low switching'.

Once the core theme of "big infrastructure" undergoes drastic adjustments.

The other main lines of the entire market will certainly not be spared. By then, perhaps, the high-level core leading stocks, because of the strong underlying logical support and continued emotional support, will fall less than some low-level unpopular stocks during the adjustment.

In a market with insufficient liquidity, you should either not do it or if you do it, you must focus on the core business line.”

"Brother Liang is right." Zhang Wei continued to review the situation carefully and rejected his previous idea.

"Anyway, I think Mr. Su of Huayi Capital used his seat so ostentatiously to promote the core theme of 'big infrastructure'. He definitely didn't just want to make a rebound," said Zhao Zhiyuan. "This guy has such a large amount of funds, such a strong market appeal, and the core theme of 'big infrastructure'. With such strong underlying logic and favorable policy expectations, it is unlikely that the core leading stocks and concept leading stocks will not even have room to double. So... the divergence at this position can never be the mid- to short-term top of the market."

"Old Zhao's thinking in this direction is reasonable." Liang Jiucheng said, "Let's wait and see the sentiment feedback inside and outside the market tonight, as well as the positive and negative information, and the trend of the external market tonight. If everything is good... and the market call auction tomorrow morning can stabilize, then we will continue to hold high the check for 'Greenland Group' and hit it higher."

After deciding on tomorrow's operation plan.

Liang Jiuchen once again turned his attention to market information platforms and online stock exchange platforms where retail investors gather.

As time goes by, the topics discussed by retail investors on online stock exchange platforms are still centered around the theme of "big infrastructure". Moreover, among the most discussed popular stocks, the top 20 stocks are basically the core popular stocks of the "big infrastructure" theme.

As for the financial media information platform, related news about the main theme of "big infrastructure" still occupies important pages.

At the same time, discussions on the offline property market and future housing prices are becoming increasingly popular across the Internet, which indirectly increases the popularity of the core theme of "big infrastructure" among investors in the entire market.

In addition to the fact that the discussion and sentiment feedback inside and outside the market are still positive...

In the evening, the external market trend in the late night also opened high and ended high, which continued to give a good opening expectation for tomorrow's A-share market and greatly enhanced investors' expectations for tomorrow's market trend.

Just when everything is looking up, the core theme of "big infrastructure", various favorable factors and bullish sentiment are continuing to ferment and spread.

The next day, Tuesday, August 8, arrived.

After a total of 10 minutes of call auction, the two markets once again achieved a general slightly higher opening trend.

In addition, the popular stocks related to the core main line area of ​​'big infrastructure' that performed well yesterday, especially the popular leading stocks in the core main line of 'big infrastructure' that hit the daily limit yesterday, generally had good premium feedback after the call auction today, and most of them opened higher by more than 3%.