Rebirth of the Capital Legend

After hearing what He Zhong said, Zheng Jinming in the group also responded at this time: "Let's wait and see. Market sentiment has indeed warmed up compared to this morning, but the sell-off was so severe this morning. It is still uncertain whether this warming sentiment can last until the end of the day. Moreover, even if we miss the opportunity temporarily, the cost of chips will not be much higher when the market's trap is completely clear. In the short term... what we buy is certainty, not the high or low cost of chips."

"I agree with what Lao Zheng said." Zhang Xinlei also responded at this time, "Let's wait until the market trend becomes clearer, and then we can chase it. The cost will not be much higher. If we rush in now, we may get two benefits at the same time and get slapped in the face back and forth."

"I think we don't need to wait." Old Qian didn't agree with the conservative strategy of the two and responded, "The market showed that the sentiment has warmed up obviously in the afternoon. Look at 'Oriental Yuhong', 'Golden Land Group', 'China Construction', 'Conch Cement', 'Maruda Films', 'Storm Technology'... These stocks show that there are obvious signs of large-scale bottom-fishing funds intervening.

Moreover, as sentiment has improved, it can also be seen that the selling pressure on the market has clearly eased.

The market's bullish consensus is gradually forming.

In the market, the strong rebound driving effect of popular core stocks has also been brought out by continuous bargain-hunting buying funds. The check of "Oriental Yuhong" is about to rebound by ten points.

It seems that this check has a high probability of hitting the ceiling today.

Of course, it is not just this one stock. In the entire market, any popular stock with a little more attention has a large amount of buying funds.

There is also the main group of funds in the entire market, whose status has changed from net selling to net inflow.

This shows that after the panic selling.

Many major buyers entered the market in large numbers at this position.

Since the panic selling has most likely been cleared and new bargain-hunting funds are pouring in, what else is there to worry about?

Even if I make a mistake at this position, how much money can I lose if I stop loss tomorrow?

However, if we miss the opportunity to build a position here, and wait until the subsequent market trend becomes clearer, the high-quality stocks that are highly recognizable in the market and that are being chased by various capital groups and are being bought with enthusiastic sentiment may already be at high levels. By then, there will most likely not be a very comfortable opportunity to enter the market.

Although short-term trading requires certainty.

However, the predictability of market trends is still essential.”

"Old Qian's words are encouraging." He Zhong laughed, "At this point, don't worry too much. If you make a mistake, the worst that can happen is that you continue to stop loss tomorrow. But if you do it right, the market index and the main sectors of the major markets can successfully lure shorts at this point, forming a golden needle bottoming trend, and making the market investment sentiment expectations turn to a consistent bullish direction again. The upward profit space, compared with the stop loss space tomorrow, will be very cost-effective."

"But we just stopped losses and cleared our positions this morning, and said we would take a few days off..." Zheng Jinming said.

There is a very common misconception in trading thinking. That is, many traders can quickly stop losses when they realize the mistakes of stocks they sell or wrong orders, but it is difficult for them to quickly make orders in the opposite direction and change this mistake through reverse thinking.

This is also a source of loss.

Good trading investors are always able to discover their mistakes in time and correct them quickly with reverse thinking.

For example, some top experts in the market, after they have sold out at a low stop loss, see that the stocks they sold have shown a stronger follow-up, and reverse the downward trend with a strong momentum, creating a money-making effect, and hitting the daily limit. They are always able to correct their mistakes quickly, chase at a high level, buy back the stocks they sold at a stop loss, and correct their mistakes in a timely manner.

"That was just based on our judgment of the market at the time." He Zhong said, "The market's trading situation, trends, and sentiment are always changing. If that's the case... then there's no need for us to stick to the old rules. We still have to change with the changes in the market.

Besides, truly mature traders are always able to correct wrong trades in a timely manner and follow market trends to make trades.

There is no doubt that the changes in market sentiment and trend direction at this time are completely different from the trends in the morning, and the entire market ecology has changed.

In this case, why stick to the previous trading strategy?

I think that at this point in time, the market's certainty, although not yet reaching a complete reversal, is already very high.

At this time, follow up with long positions and change trading strategies, the losses will be limited, and the expected profits can be far greater than the losses.

Therefore, there is no reason not to increase your position and buy stocks at this point!"

"Old He, you're right..." Old Qian chuckled and said, "The market conditions now come and go quickly. Usually, there is no first move, first believe and then believe. Since the profit and loss ratio is very good, it is very cost-effective to intervene in the position at this time, so there is no need to hesitate."

After saying this, without waiting for the other people in the group to respond...

He quickly tapped the keyboard and invested tens of millions of funds in his stock account into stocks such as "Oriental Yuhong", "Gemdale Group", "Anhui Conch Cement", "Huaxin Building Materials"... in the form of "big infrastructure", a core hot main line leading stock.

And after he made a clear move to build a position and chased the corresponding hot stocks that were rebounding.

He Zhong, Zheng Jinming, Zhang Xinlei and others also quickly followed suit.

With the re-entry of the main hot money of "GuSu Group" to go long, there is also a change in trading strategy.

With tens of millions of funds flowing into their hands...

The stocks that were the focus of these people, such as Oriental Yuhong, Gemdale Group, Huaxin Building Materials, Tianshan Cement, and Capital Group, rebounded even faster.

At 1:16, with the support of many bargain-hunting funds, "Oriental Yuhong" successfully turned red and rose, rebounding almost 10 points from the lowest point during the day.

At 1:21, the intraday decline in the share price of "Golden Land Group" was also reduced to less than 3%.

At 1:27, the "big infrastructure" related industry sector index, as well as the oversold main sector indexes such as film and television media, electronic information, Internet software, etc., all reduced their intraday declines to around 1.5%.

At 1:32, the share price of "Capital Group" also successfully turned positive from the limit down.

At 1:36, the intraday declines of the two city indices were all reduced to less than 1.2%. Among them, the decline of the Shanghai Composite Index has been reduced to about 0.76%. However, the A50 Index is still fluctuating between the green and red plates at this moment, and a number of core weighted blue-chip stocks in the sector, especially industry-leading stocks in sectors such as liquor, white appliances, medicine, consumption, and finance, continue to show a weak and volatile sideways trend.

At 1:42, Oriental Yuhong's share price rose by 2% during the day, rebounding by more than 12 points during the day.

"It seems that there is a high probability of a deep V trend today." As the trading time of the two markets was about to enter the last hour of the closing, Xu Qiao, a member of the main hot money group of the 'Magic City Super Short Gang' who had been observing the market trend and paying attention to the changes in the trend of the hot stocks in the two markets, said, "This trend is really amazing. I originally thought that the market was sold off so hard in the morning, and this support level would definitely not hold, and we would have to continue to look for the next support platform. I didn't expect that... the sentiment would warm up so quickly in the afternoon, and various bargain-hunting funds followed up so quickly. Now the market sentiment is about to reverse, and the panic selling force was vented in the morning trading today. I estimate that even if there is a plunge in the next hour of the closing, it will not have too much impact."

"Today's market trading volume is nearly 500 billion higher than the same period yesterday, and there is still more than an hour before the closing. I feel that the market is likely to have a deep V trend today, and the simultaneous increase in volume does indeed indicate that many profit-taking, stop-loss orders, and free locked-in orders have all been smashed out in the previous transactions." Lao Zhang responded, "If this is the case, then this is most likely the lowest point of the short-term and medium-term adjustment. It feels like a good buying point, and the market trend is indeed good."

"I agree." Old Wu laughed, "The extreme reversal of sentiment certainly also represents the extreme reversal of market trends."

"It's indeed a good buying point." At this time, Brother Chen also nodded slightly and said, "Even the safe-haven funds that gathered in defensive sectors such as liquor, white appliances, medicine, consumption, and finance in the morning have all come out to buy other oversold small and medium-cap concept stocks at the bottom."

"Haha... It's rare to see everyone's opinions so consistent." Xu Qiao laughed, "This wave of adjustments finally gives us a glimpse of new hope."

"Buy, buy, buy..." Old Zhang was also very happy at this time, "If I don't buy now, when will I buy?"

"The key is what to buy?" Old Wu said with a smile.

Read the original text at Liu#9@书/吧!

Xu Qiao paused and responded, "Needless to say, the positions are naturally built around the line of 'big infrastructure'. In the entire market, in terms of underlying logic, future expectations, and retail investors' bullish sentiment, is there anything more powerful than the line of 'big infrastructure'? No, right?"

"Well, Xiao Xu is right." Brother Chen responded, "Directly focus on the core theme of 'big infrastructure'. Often when the market adjustment ends and begins to reverse, the core theme will have excess rebound returns, and the capital groups in the market will also give priority to rushing to attack this consensus-based mainline sector."

"As expected, everyone has a consensus," Xu Qiao said. "Looking at the market trend, the popular stocks related to the 'big infrastructure' theme have already achieved a certain profit effect. They have rebounded a lot from the panic bottom position in the morning."

"The current increase in the market is not important." Old Wu said with a chuckle, "It is confirmed that the market will rebound with a high probability in the future. You can ignore the price here and just buy it directly."

"Haha, I agree." Lao Zhang said, "This is exactly what I've been waiting for. I can immediately max out my position."

After saying that, he didn't wait for the others to respond, but stared at the market trend, the core stocks of the "big infrastructure" main line, which were currently performing the best, and then continued to deposit funds from his stock account into it.

At the same moment he bought...

Xu Qiao, Lao Wu, Brother Chen and others were also frantically increasing their positions and buying at the bottom.

And it's not just them. There are also many major hot money still active in the market, such as the 'Qilu Gang', 'Fushan Group', 'Yuhang Group', etc.

After realizing that the market panic was temporarily cleared, the selling pressure was greatly reduced and market sentiment reversed.

They are also frantically increasing their positions and buying at the bottom.

Moreover, in addition to hot money, there are also a large number of retail investors with cash on hand, as well as a number of institutional groups in the industry, who are also increasing their holdings and buying stocks in large quantities.

As this group of investors buy at the bottom...

After 2 o'clock in the afternoon, the market's rebound trend became smoother.

At 2:10, the share price of Oriental Yuhong rose by 4%, rebounding by almost 15% during the day.

At 2:20, the real estate development sector index successfully turned positive, and in the entire "big infrastructure" main line area, large capital groups began to show a clear net inflow trend.

At 2:30, the decline of the Shanghai Composite Index narrowed to less than 0.5%, and the K-line pattern turned red, forming an obvious golden needle bottoming trend. At the same time, the performance of the A50 Index became almost synchronized with the Shanghai Composite Index. Of course... at this time, the decline of the ChiNext Index was still significantly greater than that of the Shanghai Composite Index.

At 2:40, when the market entered the 20-minute trading period before closing, the speed and enthusiasm of the major capital groups in the market to buy the bottom and go long became even more crazy.

At 2:43, the share price of Oriental Yuhong rose by 5%, almost completing a strong reversal of the past two days' trend. At the same time, the core hot stocks in the entire "big infrastructure" main line field rebounded from today's intraday bottom by more than 7%. The funds that bought the bottom during the day can be said to have made huge profits.

At 2:50, the Shanghai Composite Index successfully turned positive, while the decline of the ChiNext Index narrowed to less than 1%. A number of industry sectors and concept sectors in the main field of "big infrastructure", as well as popular stocks that were the focus of a large amount of funds, have completed a comprehensive reversal, from leading the market decline in the early trading to leading the market gains today.

Finally, when 3 o'clock in the afternoon arrived, the two markets closed.

The Shanghai Composite Index was fixed at a 0.3% increase, while the Shenzhen Composite Index, A50 Index, ChiNext Index and CSI 500 Index closed slightly lower.

Although judging by the closing results...

There is not much difference between the closing points and opening points of the major indexes.

However, the entire market has a huge amplitude today, which can be said to have formed a classic deep V reversal. The trend pattern of the golden needle bottoming out has also clarified the bottom support position in the medium and short term, and severely cleaned out a wave of floating chips.

"I didn't expect it to turn into a deep V reversal, and the K-line charts of the major market indexes also formed a golden needle bottoming trend." After the two markets closed, in Shanghai, Jufeng Asset Management, Jufeng Future Growth Fund Product Trading Room, trading team leader Yu Xiaolu breathed a sigh of relief and said with a smile, "This storm is finally over. I hope the market can have a few sunny days in the next few trading days. The 'big infrastructure' line... Looking at today's market trend, the recognition of various fund groups is still very strong."