2.10 Evening Review: "On How to Save the City"!
Read it well.
1. Review. Last night I talked about "rushing higher and falling back" (Figure 2), and it is not surprising that it fell in the morning. At noon, the market still insisted on falling again, and indeed broke the morning low in the afternoon. Around two o'clock, I suddenly looked bullish and said "the big game led the team to turn red" (Picture 3). Why?
2、i have to。 The reason why the intraday turnover is completely "had to". In the eyes of many people, today is just a day of market shocks and individual stocks falling more and rising less. In my eyes, it is almost broken, not the market, but the ChiNext board, the science and technology innovation board, especially the science and technology innovation board. In this situation, I can only be a bull.
3. Rescue the market. After the publication of "The Backbone of A Shares", many institutions have announced their own purchases and increased holdings. Attitude is good attitude. However, the bailout funds are very limited, a total of 18 billion, not enough for the market to plug the teeth for a day. The deep problem is that the ability to save the market is too poor. Admittedly, years ago, I called for "saving the market first, regardless of the CHINext board". But at that moment, the market has stabilized, and the ChiNext board and the science and technology innovation board cannot be left behind. Therefore, the top priority has become "regardless of the large market, to save the CHINext board".
4. Method. Rescue the market, divided into "clumsy" and "clever". Zeng Guofan is still clumsy, that is a philosophy of life, which does not work in the stock market. And the institutions, these days are still clumsy, especially yesterday in the case of the market does not need to rise again, still have no hesitation to rush the market, resulting in waste of funds. I think it is necessary to "use cleverness". (1) Large market, pull period refers to. (2) GEM, pulling constituent stocks. (3) Science and Technology Innovation Board, pull ETF. It's that simple. In the stock market, there is a thing called "financial derivatives."
5. Speculation. I don't know how much money is still in the hands of the institutions that have announced their self-purchase and increased holdings; nor do I know whether there are still institutions that want to announce self-purchase. Short-term, if the institution is not bad money, the market, the ChiNext board, the science and technology innovation board rise together; if the money is bad, please consider the above "cleverness", the market can fall (support 3453, 3442), the ChiNext board, the science and technology innovation board must stop falling as soon as possible. It seems that institutions may not be short of money and will not be "clever". Well, expect the same thing.
6, the new energy sector, before talking about "to fall 30%". Today's sharp decline of 4%, the sector index has fallen 26.03% from its highs. If it falls again, it will not be bearish. Well, it will be the last sector to switch from bearish to not bearish. Note that not being bearish does not mean that you are very optimistic. The new energy sector is not the main line this year.
