Chapter 1430 [Without a few typical sacrifices, the market cannot calm down]
Tuesday, March 12th.
Following yesterday's strong reversal, today it directly covered the gap that opened low last Friday, and took advantage of the trend to create an upward gap that opened high.
Judging from the K-line combination of the NSE 50 Index, the gap that jumped short and opened high on February 25 came out of the "island-shaped" K-line combination. Last Friday and yesterday, the two K-lines, one yin and one yang, were in the "island" combination.
A new "island-shaped" reversal trend emerged from the island-shaped K-line combination.
Today, the NSE 50 Index opened higher by 0.64% and returned to the 5,300-point mark through call auction. It retreated slightly during the session but did not cover the gap created upward, and then opened higher and continued higher.
Around 11:47, major market software pushed messages:
[The NSE 50 Index increased by 1.07% to 5345 points, continuing to hit a record high.]
Those who cut meat at the location last Friday, but did not buy the bottom, saw that it had reached a new high, all kinds of thighs were swollen, and I was short of funds and regretted not entering the market when I was bullish.
At around 13:39 in the afternoon, major market software pushed messages again:
[The NSE 50 Index continued to strengthen in the afternoon, with the increase expanding to 2.30%, reaching the 5,400-point mark in one fell swoop, setting another record high.]
Seeing the NSE 50 Index rushing to 5410.24 points, each and every one of the stock investors were dumbfounded. Just one day of correction? Then it hit a record high again? Where is the promised slow bull? Where is the promised steady bull?
I am afraid that this week is not going to directly break through 5500 points. Many funds will be squeezed out and once again cannot help but chase higher and enter the market.
It fell back in late trading. The SGX 50 Index surged 1.96% today to close at 5392.00 points. The SGX market's full-day turnover was 1,079.7 billion, which was higher than yesterday. It continued to set a record of consecutive trillion-dollar market transactions. It has now
It is the 17th consecutive trading day that the single-day turnover of the SGX market has exceeded RMB 1 trillion.
…
Xincheng, Jingxinju Villa.
"...Look at this situation, if we don't bring a few typical people out to sacrifice, I guess the market won't be able to calm down." Tian Jiayi, who returned to the villa, was chatting with Fang Hong about the current market trend. After a while, she looked at Fang Hong and asked
: “Will stabilization funds increase their efforts to release selling pressure?”
Hearing this, Fang Hong shook his head and said: "No, let's complete the implementation according to the original plan first. But you are right. Just shouting and quasi-fund selling can't suppress the bullish trend. We must bring out a few typical models to sacrifice."
flag."
Tian Jiayi immediately said: "SGX is actively investigating capital allocation and leveraged funds."
Fang Hong nodded: "Report to me when there are results."
Trillion stabilization funds are now forced to make big money, and are forced to sell high and buy low. Fang Hong is quite speechless about this. Institutions that do not want to make money and do not aim at profit are making huge profits in the market.
However, the money earned by stabilization funds will ultimately be used to support the market.
Now there is nothing to fear in rushing forward with leveraged funds, but Fang Hong is basically sure that when the time comes, a few typical examples will be brought out to offer sacrifices, and the leveraged funds and OTC funds entering the market will fully ebb, and the market will be banned as a penalty.
It has a strong deterrent effect on leveraged funds.
At this time, Tian Jiayi said: "According to the news from the SGX, preliminary results have been achieved in strict inspection of OTC capital allocation and leveraged funds. Now there is no problem in bringing out a few models to celebrate the flag. Do we want to implement it as soon as possible?"
Fang Hongyi heard that he rejected the proposal and said: "It doesn't work now. The deterrent effect of banning market entry is very strong. Those leveraged funds and capital allocations in the market will be very panicked that they will be banned from the market and evacuate collectively. When the market continues,
A sharp fall is inevitable, and if you don't hold on tight, it will lead to a collapse."
After a moment of pause, Fang Hong added: "At that time, the stabilization fund must come out to support the market to prevent a cliff-like collapse of the market, but we, the stars, must not be blamed for supporting the market. The stabilization fund must first release the selling pressure.
Let’s free up funds and talk about it later.”
Otherwise, stabilization funds are forced to sell high and buy low. However, no matter how much money the stabilization fund makes, it will ultimately be to stabilize the market, and the money earned will not flow into the hands of any private institution, and the stabilization fund will
The stronger the capital volume, the stronger the market's bottom-line strength, and the stronger the market's ability to resist risks.
The original intention of establishing stabilization funds is to stabilize the market. To put it bluntly, when the market is too hot, it releases selling pressure to cool down, and when the market confidence is insufficient and the market continues to plummet, it massively injects liquidity to support the market and give support to market confidence.
…
In the next two days, the NSE 50 Index continued to make corrections, closing down -1.37% and -1.23% respectively. However, it rebounded and rose by 1.45% and 1.42% in the following two days, returning to the 5,400 point mark again, closing at
It reached the position of 5404.05 points, which did not reach a record high.
As of Monday, March 18, after the SGX 50 index returned to 5,400 points, the SGX market maintained a trillion-dollar market turnover for 21 consecutive trading days.
The next day, Tuesday, the 19th, the SGX 50 Index made a slight correction of -0.37%, closing at 5384.30 points. Today, the trading volume of the SGX market shrank to 993.9 billion, and the continuous trillion-dollar market transactions stopped at 21 trading days.
In the next three trading days this week, it fluctuated sideways at a high level between 5,400 points and 5,370 points, and the trading volume further shrank to more than 800 billion. From the perspective of volume and energy, it seems that the funds are not rushing so fiercely.
.
However, the index did not break through and is still running near the historical high of 5,400 points.
Next week, the NSE 50 Index began a continuous correction, falling -1.43% and 1.09% respectively on Monday and Tuesday, falling below the 5,300-point mark. In the next two days, it fluctuated between 5,255 and 5,295 points.
…
Friday, March 29th.
When the market opened today, the three major stock indexes were quite stable before 10 o'clock in the morning, but after 10 o'clock, they started to rise unilaterally again, showing no signs of weakness.
Yesterday was Thursday, May 28. The SGX Trillion Stabilization Fund announced that the 500 billion capital operation had been completed. All funds in the market formed a consensus and the biggest selling pressure was gone!
During this period of market adjustment, a lot of funds are waiting for May 28, because the stabilization fund had announced long ago that it would complete the subsequent release of 500 billion chips by May 28, and it also announced on time yesterday that it would sell all of them.
The biggest selling pressure in the market disappeared.
This is like a ignition signal, and funds start to explode again.
Even in the comment areas of major stock forums, a large number of investors shouted: The stabilization funds have been sold out, and the biggest selling pressure is gone. Go ahead!!!
Moreover, at this time point, in addition to the "good news" that the selling pressure of stabilization funds has disappeared, a series of good performance results have also appeared one after another, and major listed companies have begun to announce their annual report results.
Just yesterday, seven listed subsidiaries of Kunpeng Technology, Bionic Power Company, Maker Square, and Matrix Quantum announced their 2018 results. The results were very eye-catching, generally slightly exceeding expectations, and even serious ones like Bionic Power Company.
In terms of expected performance, the company's final annual report showed a net profit of 17.933 billion yuan in 2018, which was more than 100 million yuan more than the previous annual report's performance increase announcement.
In addition, several brokerage firms announced their 2018 results last night. Without exception, the results have soared sharply. With such a large market volume, it is the market consensus that the performance of the brokerage firms is not bad, and this year's trading volume has exploded.
, originally expected to be positive, but due to the market's bull market expectations at the beginning of 2019, performance expectations have been further strengthened.
Brokerage firms and other major financial stocks also led gains in the three major trading markets throughout the day.
Today, the Shanghai and Shenzhen stock markets are stronger than the SGX market, but the SGX 50 index is not too weak. It has regained the 5,300-point mark again and returned to the trillion-dollar market turnover.
As of the close, the NSE 50 Index rose 1.82% to 5,358.31 points; the Shanghai Stock Exchange Index rose 3.20% to 3,090.76 points; the Shenzhen Component Index rose 3.77% to 9,906.86 points. The total turnover of the three major markets was 1,839.9 billion.
