Rebirth of the Capital Legend

"It's a pretty good premium feedback. Today's opening pattern is really good."

At 9:25, noting that both markets generally opened higher, and that a number of popular core concept stocks in the main line of "big infrastructure" had good premium feedback, Li Jinshi, a major investor in the "Fushan Group", said in surprise: "Brother Liao, Lao Chen, today's opening pattern is slightly beyond the expectations of most investors in the market, right?"

Chen Guiyun glanced at the opening scenes of the two markets and responded, "It is a little beyond expectations, especially the core theme of 'big infrastructure'. Yesterday, this theme entered the stage of emotional divergence. I originally thought that the emotional divergence of this core theme would further expand today. There must be a lot of hot stocks that fall behind, and there must be some stocks that will show obvious negative feedback. I didn't expect that... many of the main stocks that I thought should have negative feedback actually stabilized in the call auction today. This shows that after the emotional fermentation last night and the stimulation of the external market trend, the buying power this morning is much stronger than we all expected."

"It can be seen that the active funds in the market are further concentrating on the core theme of 'big infrastructure'." Liao Guoxiang also said at this time, "Based on the trend of this call auction, it is estimated that the trend of the core theme of 'big infrastructure' will continue to strengthen after the opening of the market."

Li Jinshi nodded and said, "It looks like we are about to enter a state of consistent volume reduction and acceleration."

"In the entire market, the call auction has slightly increased volume." Chen Guiyun said, "The entire main line has consistently reduced volume and accelerated. Can it be stabilized?"

"It should be possible." Liao Guoxiang said, "In the current market, despite the desperate publicity of major institutions and financial media, it still has not been able to attract much incremental funds from the outside market. Although the market has not yet gotten rid of the pattern of stock game, with other unpopular main lines continuing to pour into the core main line of "big infrastructure", with the active capital flow in the market, it is still possible to support the consistent reduction and acceleration of this main line.

However, on the core theme of "big infrastructure", the mood once again turned from disagreement to consensus.

Especially after entering the accelerated shrinking pattern.

I am afraid there is no suitable buying point, which also means that the peak of this core main line and the short-term market is not far away. "

After all, as he said, the liquidity of the entire market is very limited, and there is a clear shortage of incremental funds. In addition, with the core theme of "big infrastructure", there are many industry sectors and corresponding stocks involved. The market value of the corresponding stocks in the entire real estate, construction decoration, building materials, steel, coal, and nonferrous metals sectors combined can basically be compared with the banking sector in the "big finance" field.

Such a large core storyline.

Once the consistent volume reduction and acceleration phase is entered, the market will further rise.

Then, when the volume shrinks faster, the market sentiment diverges again, facing huge selling pressure from profit-taking.

With the current liquidity in the market and active capital entities, it would be impossible to take it on.

Therefore, Liao Guoxiang can basically determine that after the divergence on the core theme of "big infrastructure" turns into consensus, it will definitely be the short-term market top.

Of course, even if we know the current core theme of "big infrastructure", it is not far from the short-term top.

When he holds a large number of main-line core stock chips.

He won't take profits easily.

Because often when the main sentiment turns from divergence to consensus and enters a shrinking and accelerating form, that is when profits are magnified most rapidly.

"We'll talk about it after we reach the top." Li Jinshi chuckled and said, "Our current positions have basically been adjusted to the weighted leading stocks of the core theme of 'big infrastructure'. With the liquidity of these core leading stocks, even if there is an extreme adjustment, we will still have time to retreat."

"Yes." Chen Guiyun also responded, "Follow the trend, don't predict it. Since the current trend is slightly beyond expectations, let's continue to hold the chips and let the profits run." As several people discussed the trend of the two markets' call auctions and analyzed the opening patterns of the two markets.

The brief five-minute trading halt from 9:25 to 9:30 passed in a flash.

Soon, at 9:30, the two markets entered the formal continuous bidding trading period.

The two stock markets just started to move. After five minutes of emotional brewing, investors followed suit and bought into the popular stocks in the "big infrastructure" main line that generally opened above expectations.

This led to the hot stocks in the main area of ​​"big infrastructure" directly forming a shrinking and accelerating pattern of opening high and closing high at the beginning of the trading session.

At 9:32, 'Shou Chuang Group', a recent hot leading concept stock in the real estate sector, was directly bought by continuous large main buy orders and buy orders from retail investors who quickly followed suit, and quickly rose from a 4.32% increase position to the daily limit position, and once again broke out of the daily limit trend.

At 9:34, "Golden Land Group" rose by more than 5%, and the intraday trading volume showed a significant decrease.

At 9:37, just 7 minutes after the opening, the core weighted stock 'Greenland Group' dominated by the main hot money of 'Qilu Gang' also shrank and went straight to the daily limit.

At 9:38, Greenland Group hit the daily limit, and funds in the market were severely locked.

At 9:39, the real estate sector index rose again by more than 2%. The entire sector index, as well as the constituent stocks within the sector, all showed an accelerating upward trend.

At 9:41, other popular stocks with the main concept of "big infrastructure" such as Shenhuo Group, Pingmei Energy, Tianshan Cement, Beijiang Communications Construction, Chongqing Development, Bayi Steel, Linggang Group, etc., also moved across the board and rose rapidly.

At 9:43, Tianshan Cement hit the daily limit and Conch Cement rose by more than 4% again.

At 9:45, the Shanghai Composite Index rose rapidly to nearly 1%. The two markets once again showed that real estate, building decoration, building materials, coal, nonferrous metals, and steel sectors led the gains in the two markets. At the same time, after a rapid rebound in the early trading, the ChiNext Index plunged again as the main line of "big infrastructure" strengthened.

At 9:50, the polarized pattern of the two markets was formed again, and the differentiation trend between small-cap stocks and large-cap stocks with high weights and blue-chip stocks became more and more obvious.

At 9:52, the A50 Index rose by more than 1%, while the ChiNext Index fell by 0.5%. In the entire market, sectors that tend to be emerging industries and emerging technologies, such as film and television media, Internet software, electronic information, and semiconductor chips, and their related concept stocks continued to lead the market decline. It seems that the market's various funds are shifting from emerging industries to traditional industries with more stable performance, and the fund preference is becoming more and more obvious.

"Looking at this trend, there is no doubt that the market has begun to enter another extreme."

Seeing the market performance after half an hour of trading, especially seeing the increasingly differentiated trend of large and small cap stocks, at this time, in the Magic City, in the trading room of the main fund product "Blue Chip Mixed Selection" of "Nuoan Capital", fund product manager Wang Shujie laughed softly and said: "Who would have thought? In the bull market last year, the traditional industry blue chips and white horse stocks that were abandoned by various large funds and countless institutions have gradually become the hot cakes in the market and have become the targets of various major funds competing for shares and heavy positions.

In contrast, during last year's bull market, emerging industry technology stocks and Internet software heavyweight stocks were scrambled for by everyone.

Now everyone is calling for its destruction, and it has become the burial place of countless funds, burying hundreds of billions or even trillions of large funds and retail investors who took over at high prices!"