Rebirth of the Capital Legend
Chapter 444: Selling at a low price to lure out the shorts, and the mood improves!
"Old Liao, what do you think?" Chen Guiyun asked.
Liao Guoxiang responded: "The market sentiment has indeed been vented to a certain extent. I think it is time to enter the market and buy at the bottom."
"What's the goal? What's the goal of bottom fishing?" Li Jinshi asked.
Liao Guoxiang responded: "Let's still rely on the line of 'big infrastructure'. In the entire market, the underlying logic of the line of 'big infrastructure' is the strongest, and it is easiest to form a consistent long-term force."
"Okay, I think so too." Chen Guiyun said, "The defensive sectors such as liquor, white goods, medicine, consumption, and finance have high valuations, and there are many institutions. Retail investors are not willing to follow suit and do more. Moreover, once the core leading stocks of these defensive main-line sectors are quickly pushed up, they are easily harvested and smashed by institutions.
As for the "big infrastructure" line, the clustering of institutions is not very serious at present.
And currently, due to continuous adjustments, the stock prices are mostly lower than the prices when many institutions intervened, and the willingness of institutions to sell will not be strong. It is even very likely that they will help lock in the positions when the stock price rises. "
"These factors are secondary," Liao Guoxiang said. "The underlying logic is more important. As long as the market's retail investors can form a long-term force, even if there is a certain degree of selling, as long as they are guided, they can be taken over. What's more, there are not many stop-loss panic selling orders in the market at present."
"That's the truth." Li Jinshi laughed, "Old Liao, you really see it clearly."
"What about the specific stock targets?" Chen Guiyun paused and continued, "Does Lao Liao have any suggestions?"
Liao Guoxiang thought for a moment and said, "I think the market recognition is relatively high at present, and the logic is smooth, and the buying is not bad. Among the stocks that resisted during the panic sell-off, Oriental Yuhong is a good stock. It is a blue chip stock favored by institutions, and retail investors are also willing to follow suit. In addition, the circulating volume of this stock is not very large compared to other leading stocks, so we can guide it out."
"Great minds think alike," Chen Guiyun said, "I think this check is good, too."
"Then let's do this." Li Jinshi said, "I originally felt that this was a trend of inducing short selling, and the current price of the Oriental Yuhong check is indeed good, whether in the short term or in the long term. It is worth gambling and investing."
After a brief discussion among the three...
As market trading hours continued, the Shanghai Composite Index rebounded back to within the 1.3% drop.
Moreover, even the ChiNext Index, which suffered the most severe sell-off, has now recovered to 2% of its decline, and the CSI 500 Index has recovered to less than 3%.
The 'big infrastructure' main-line related sector index, which had originally suffered a severe decline, as well as the low-level oversold main-line sectors such as Internet software, film and television media, electronic information, and new energy industry chain, have now welcomed a large number of buying funds to buy at the bottom, and the share prices of related stocks are also in a trend of slowly recovering.
"It seems that more and more bargain hunting funds are entering the market." Li Jinshi said, "Old Liao, it should be time, right?"
Liao Guoxiang stared at the market trends of the two markets, and was silent for a while. The light in his eyes became brighter and brighter, and he said, "It's about time."
After saying this, he didn't wait for Li Jinshi and Chen Guiyun to respond.
The tens of millions of funds in his hands were directly deposited into the trading board of "Oriental Yuhong".
When large buy orders of tens of thousands of hands poured into Oriental Yuhong's trading board, the share price of Oriental Yuhong soared from a drop of about 8 points to a drop of nearly 6%. In addition, other funds that followed suit and bought the bottom saw the large orders of tens of thousands of hands and started to buy shares, and followed up even more quickly.
"Fuck, Lao Liao, that large buy order of 10,000 lots just now was yours, right?" Chen Guiyun said in surprise.
Liao Guoxiang nodded and said, "When it's time to buy, you naturally can't hesitate. The market sentiment is almost right, so let's buy in large orders."
With his voice...
Chen Guiyun and Li Jinshi were too late to say anything. Their fingers were rapidly tapping the keyboard. The funds in their stock accounts, which also exceeded tens of millions, were all poured out onto the trading screen of Oriental Yuhong.
When several big speculators from the "Fushan Group" jointly made a move to buy at the bottom.
At 10:52, the volume of Oriental Yuhong began to surge again, but the previous surge was caused by panic selling, while this time the surge was a rapid rise.
At 10:53, the decline in Oriental Yuhong's share price narrowed to about 4%. In less than half an hour, it had recovered a drop of nearly 6 points.
And at the same time...
Due to the strong upward performance of the check from 'Oriental Yuhong'.
In the main field of "big infrastructure", other individual stocks, including "Golden Land Group", "Greenland Holdings", "China Merchants Shekou", "Poly Real Estate", "Kewan Real Estate", "China Metallurgical Group", "China Construction", "China Railway Construction", "Conch Cement" and other heavyweight leading stocks, as well as "Shenhuo Shares", "Pingmei Energy", "Tianshan Cement", "Beijiang Communications Construction", "Capital Group", "Yu Development", "Bayi Steel", "Linggang Shares" and other concept stocks that fell sharply during the day, also rebounded rapidly.
Moreover, in the main area of 'big infrastructure', the core stocks have rebounded.
It also indirectly stimulated the oversold main sectors of the film and television media, Internet software, electronic information, and new energy industry chains.
For a time, almost all stocks in the two markets rebounded.
However, among the many small and medium-cap stocks whose panic selling has already been vented, there has been a sharp rebound.
The liquor, white goods, pharmaceutical, consumer, and financial sectors, which previously had the market's risk-averse attributes, have now lost their upward momentum.
A large amount of funds began to flow out of these defensive main-line sectors to buy up small and medium-cap stocks at the bottom.
And as more and more funds for bottom fishing in the market, emotions are restored after being vented, and the leading stocks in these defensive main-line sectors have also fallen into a pattern of buying exhaustion and volatile decline.
So, when the market trading time enters after 11 o'clock.
That is, when the two markets entered the half-hour trading session at the end of the lunch break, the market began to show a general rebound trend.
At 11:02, the share price of "Golden Land Group" narrowed to a 6% decline.
At 11:03, Oriental Yuhong's share price narrowed its decline to 3.5%, and with more and more active buying on the market, it seems that the stock is about to turn positive again.
At 11:05, within the entire main area of "big infrastructure", the declines of many sector indexes including real estate development, building decoration, building materials, steel, coal, nonferrous metals, etc. were reduced to less than 2%, and buying funds began to become sustainable.
At 11:10, the Shanghai Composite Index's decline narrowed to around 1.1%, recovering most of the panic losses in the early morning.
At 11:15, the large capital groups in the two cities achieved a net inflow trend as a whole.
At 11:20, the decline of the ChiNext Index narrowed to around 1.5%, the number of stocks that hit the daily limit in the two markets was reduced to around 50, and the market panic sentiment was greatly reduced.
At 11:25, "Oriental Yuhong" successfully turned positive. Those funds that bought the bottom near the lower limit have earned nearly 10% profit within the day.
Finally, when 11:30 arrived, the two cities closed at noon.
The Shanghai Stock Exchange Index was fixed at a drop of 0.98%, while the ChiNext Index was fixed at a drop of 1.43%. The CSI 500 Index was fixed at a drop of 1.89%. The A50 Index, which had been in the red against the trend in the morning, now fell into the green as the indexes rebounded.
However, even though the A50 index showed a green trend, the decline was not deep.
It was frozen at a drop of 0.21%.
Overall, the current performance of the A50 index is still the strongest among the major core indexes in the two cities.
"What the hell, what's going on? The market was selling so hard in the morning, but by the time the market closed at noon, most of the losses were recovered, and the index showed a golden needle bottoming out." Faced with the market performance at the close of the market at noon, countless retail investors gathered on major stock investment discussion platforms across the Internet were stimulated. One of them exclaimed, "Luckily I held back and didn't sell. What do those who sold at the lowest price think?"
"Isn't this talking about me? Damn it... I sold my stocks at the limit down. Sigh... If I had been patient, I would have lost less money now."
"Will the index turn positive this afternoon? It seems that after the panic selling, the market has become much lighter."
"Anyway, regardless of how the market closes, today's market volume has clearly increased significantly."
"This shows that a large number of chips that could not be shaken out before were all sold today, and it also shows that there must be many investors who sold their stocks at the bottom."
"Too much meat was cut at the bottom."
"Who could have thought the trend would be like this? It's simply toxic, a deliberate sell-off."
"I said it was a trap to lure short sellers. Sure enough, looking at the trend... the afternoon market performance will definitely reverse, and the golden needle bottoming pattern means this is definitely the mid-term adjustment bottom."
Read the original text at Liu#9@书/吧!
“I queued up to sell my stocks in the morning, and now it seems like I have to queue up again to buy more stocks.”
"I feel that at this position, I should increase my position."
"It's so frustrating. I've been sold back and forth. I bought at a high point yesterday, and sold at a low point today. Now... should I buy it back?"
"It's hard to say, maybe this is just a lure to buy more? Pull up the main funds so that they can sell more."
"Not really. After 11 o'clock today, the number of bargain hunters in the market has obviously increased."
"Dongfang Yuhong's check is about to be pulled back from the limit down to the red market. Can this be considered as a lure to buy? It must be a reversal."
"Alas, I didn't even get the check from 'Dongfang Yuhong'!"
"There have been huge fluctuations in the past two days. Who can hold on to it?"
"Indeed, I can't look at the market, I can't look at the market!"
"You still need absolute confidence to hold on. I would say that the future expectation logic of the 'big infrastructure' line is so strong that as long as there is a big drop, it is an opportunity to hold a large position."
"Why didn't you warn me when the market was falling sharply in the early trading?"
"I can't say about other main lines of this trend, but the core main line of 'big infrastructure' will definitely reverse in the afternoon."
"I hope so. Fortunately, I held back and didn't sell it. I said before that as long as Mr. Su doesn't sell it, I won't sell it. I finally held back, otherwise I would definitely regret it now."
"It's too late to regret. Looks like I have to be the T."
"Alas, I sold my stocks early in the day, so I have to buy them back in the afternoon at a higher price."
“What if I buy it back and the market continues to fall at the end of the trading day?”
"I can only admit the loss. Making money or losing money depends on personal perception. If the perception is like this, then I can only admit the loss!"
"This morning's trend is really beautiful. The key is that the volume has really been released."
"This wave of washing is really beautiful."
"There should be a decent rebound later, right? The market has rebounded after such a severe sell-off in the early trading. I don't believe that the market will continue to sell off later."
"I agree. There will definitely be a sustained rebound in the future."
"The market opened with more positions in the afternoon. The panic in the morning has been vented. The market should rise in the afternoon."
"It is said that the market liquidity is scarce, but there is a lot of bargain hunting funds, and at the midday close, the big funds in the two cities also showed a net inflow trend."
"It's incredible. I thought the market was going to plummet by 5% today."
"If there is another 5% plunge, the market will really be hopeless."
"Don't worry, it won't fall that badly."
"As the market neared midday, small and medium-sized stocks generally rebounded, while the A50 index slipped instead. Does this mean that the trend has returned to small and medium-sized stocks?"
"I think...Is that right?"
"Who cares? As long as the market can go up, it's fine. If you buy the wrong stock, it's just a matter of making less or more money."
"That's not the case. For example, Internet software, film and television media, electronic information, and new energy industry chains... these are the main sectors that have been completely abandoned by big funds. My advice is to try to avoid them."
"Isn't the core theme of 'big infrastructure' the most reliable?"
"In fact, near midday, the 'big infrastructure' line rebounded the most, thus bringing up the overall market and reversing the panic market sentiment."
Amidst the heated discussions among numerous investors...
During the lunch break, investment sentiment in the two cities began to improve significantly.
The voices of bearish investors and pessimistic investors gradually became smaller, while the voices of optimistic investors and actively bullish investors became louder again.
Then, after an hour and a half of emotional brewing in the afternoon.
At 1 p.m., the market enters the official trading session again.
The two markets have just opened and attracted much attention. At the same time, in the morning near noon, the core sectors related to the "big infrastructure" main line that led the market to rebound across the board, and its related core leading stocks and popular concept stocks with high market recognition, all attracted a large number of active buying attention in an instant. At the same time, after the sentiment was repaired at noon, many retail investors followed suit and bought the bottom and went long.
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