"The capital from Financial Street Fuxing Road continuing to lock up positions and not exit was basically within expectations,"
Chen Guiyun chimed in.
"Huzhou Laodong Road getting involved, however, was unexpected."
"Laodong Road's structure should still be good,"
Liao Guoxiang said.
"Judging solely from the Dragon-Tiger List data, today's list data for "Teli A" was good. However, the continuous net buying by the main funds also exacerbated the accumulation of profit-taking pressure in the market. Tomorrow... the difficulty for this stock to hit five consecutive limit-ups is extraordinary!"
"'Indeed,"
Li Jinshi said.
"There is still too much capital locking up positions for profit in the market."
"'It feels like the market might be doing a "high-low switch" tomorrow!"
Chen Guiyun said.
"Today, the trend of the stock "Meiyan Jixiang" has already somewhat exceeded expectations. Moreover, the intraday buy-sell data for "Meiyan Jixiang" disclosed at this moment is really good; Zhang Mengzhu and Gubei Road were the main buyers, it's practically a star-studded lineup."
Liao Guoxiang pondered for a moment and said,
"The emergence of "Meiyan Jixiang" will indeed divert short-term active speculative capital that was focused on "Teli A". However, currently, "Teli A"'s internal chip structure shows no signs of collapse and is further concentrating, so it's hard to say that this stock's upside potential has peaked."
"Today, it's not just "Meiyan Jixiang" that performed brilliantly,"
Li Jinshi said.
""Mingzhou Zhongbai" also performed quite strongly. And the Grand Helmsman's "Jiefang South Road" seat actually intervened in "Mingzhou Zhongbai" stock. I wonder... if the retail and consumer sectors are about to make a move?"
Chen Guiyun thought for a moment and said,
"It feels like the Grand Helmsman's operational trajectory in recent months has been circling the consumer and retail sectors!"
"Compared to the two major conceptual themes of "State-Owned Enterprise Reform" and "CSRC Holdings"...,"
Liao Guoxiang said,
"retail and consumer are unlikely to have a strong expectation gap, and it's difficult for them to have much room for imagination. I think the market's core speculative theme for the foreseeable future will mostly revolve around the two major conceptual themes of "State-Owned Enterprise Reform" and "CSRC Holdings.""
"The conceptual theme of "lithium batteries" also feels quite strong,"
Li Jinshi said.
Liao Guoxiang replied,
"Is the "lithium battery" line still primarily driven by institutions at the moment? Moreover... the expectation of its fundamental reversal has not yet been fully confirmed. I feel this line can wait a bit longer."
"It's a pity that "Yishang Display" stock has too small a float, otherwise, I feel it could be a target for speculation,"
Chen Guiyun said.
"The conceptual theme of "virtual reality" is quite fresh, and with the "newly listed stock" logic added on top, its explosive power and sustainability are definitely worth a closer look."
"Yishang Display" stock doesn't even have a float of 1 billion,"
Liao Guoxiang said.
"Such a miniature float is only suitable for second-tier hot money to control and speculate, not as a leading stock for various funds to collectively push up. Currently... the market's core leader is, without a doubt, "Teli A" stock. As for us... there's no need to overthink it; following the trend is the safest bet at this time."
"Right,"
Li Jinshi said.
"With a capital of such a large scale as "Financial Street Fuxing Road" still locking up positions, what do we have to worry about?"
After today's limit-up.
The "Teli A" stock chips they held in their hands had already accumulated considerable unrealized gains.
In this situation, regarding the uncertain market trend going forward, they had a certain advantage in terms of holding cost, and there was no need to worry too much at all.
Now, for the "Teli A" stock.
No matter how the subsequent market trend of this stock evolves, it will just be a matter of earning less or earning more.
"It's a good thing the capital from Financial Street Fuxing Road locked up positions!"
While several main speculative funds from the 'Foshan Faction' were hotly discussing, Zhou Kaisheng from 'Huzhou Laodong Road,' who was the main attacking capital force for 'Teli A' today's market, let out a slight sigh of relief and secretly thought with a smile,
"Otherwise, with "Meiyan Jixiang" competing for attention, this stock might struggle to achieve a high premium tomorrow."
One must know that today, "Meiyan Jixiang" was the stock mainly attacked by Zhang Mengzhu.
He would most likely not compete for chips to mainly attack "Teli A" during the trading session.
However, currently, his main sealing of "Teli A" today was not problematic.
With the capital from Financial Street Fuxing Road continuing to lock up positions, the market's short-term active investor community would continue to maintain high bullish expectations for this stock.
And this expectation... would undoubtedly support a significantly higher open with a premium for this stock tomorrow.
Therefore, although judging solely from "Teli A"'s Dragon-Tiger List buy-sell data, he felt it fell somewhat short of expectations.
But, wanting to earn a profit from tomorrow's higher open premium, he felt there was absolutely no problem.
Just as everyone was intensely discussing the market's post-market Dragon-Tiger List data.
It could be seen that "Teli A"'s market popularity still topped the list, and the number of discussion topics about this stock across the entire network also clearly exceeded that of other individual stocks in the market.
This indicated that everyone's expectations for "Teli A"'s subsequent market performance were still strengthening.
It also indicated that the investor community paying attention to this stock was still continuously growing.
"Huzhou Laodong Road, Gubei Road, Jiefang South Road, Siji Road..."
Amidst heated discussions across the entire network, Su Yi roughly scanned the Dragon-Tiger List data of various hot stocks in both markets, smiled and remarked with emotion,
"The short-term speculative sentiment of the entire market is rapidly expanding; it seems the market has completely entered the right-side opportunity phase."
Through the Dragon-Tiger List data of numerous hot stocks.
It could be found that the active main speculative funds in both markets were significantly increasing their positions.
The leading stocks across all major conceptual themes in the entire market, their internal chip structures were all converging and concentrating.
Such signs of active main funds significantly intervening in speculation and continuously increasing positions were sufficient to show that the market's short-term speculative sentiment was rapidly recovering, sufficient to show that the market's investment risk appetite was increasing, and sufficient to make people view the subsequent market trend with a positive and optimistic attitude.
Moreover, as the market's bullish sentiment continued to improve.
As everyone began to successively predict the Shanghai Composite Index to reach 3600 points, or even 4000 points.
In the evening, the trend of overseas markets also continued to add fuel to the fire, by opening higher and closing higher with consecutive positive gains, continuing to stimulate the bullish sentiment in the domestic financial market.
Thus, spurred by positive news both domestically and internationally.
The next day, October 20th, Tuesday.
At 9:15 AM, when both markets entered initial call auction, they again presented a hot, higher open situation.
Among them, in this situation.
Several leading stocks that were highly watched by the broad market investors, "Teli A" again showed the form of a one-line limit-up open, "Meiyan Jixiang" initially opened over 5% higher, "Chuansheng Jiuzhou" followed suit with a significant open over 7% higher, and "Yishang Display" also showed a market pattern of a one-line limit-up open.
"Holy crap, another one-line limit-up open!"
Noticing the strong initial call auction opening pattern of "Teli A" stock, in the internal group of the "Modu Ultra-Short Gang" main speculative funds, where Su Yi was located, Xu Qiao's eyes showed surprise, and he exclaimed,
"And this time, it started with a main buy order block of 100,000 lots; it feels like... a one-line limit-up open is probably a foregone conclusion."
"This time it's really accelerating,"
Old Zhang, who also observed "Teli A"'s market trend, said.
Old Wu paused and replied,
"Looking at the entire market, almost all hot conceptual theme leading stocks have significantly higher open patterns. Under this overall situation, it's normal for "Teli A," as the core leader in both markets, to have such a premium effect, isn't it?"
"Normal,"
Brother Chen replied.
"I just don't know if this accelerating situation can be maintained!"
"'It should be possible,"
Xu Qiao said.
"Today's market bullish sentiment is very strong, and the news both domestically and internationally is all positive. With this emotional feedback, as long as Brother Su doesn't crash the market and doesn't trigger a concentrated sell-off of profit-taking shares in the market, it will most likely remain at a limit-up with no volume until closing."
"If Brother Su doesn't dump, it's hard to say about other funds,"
Old Wu said.
"At this moment, the profit-making capital accumulated within "Teli A" stock is really a bit too much."
Old Zhang paused and also said,
"Actually, it's not just that the profit-taking pressure accumulated within "Teli A" stock is a bit much. I feel that after the National Day holiday, as the market has rebounded to this point, the profit-taking pressure accumulated in the entire market during this period has become a bit excessive. I always feel... that at this level, there's a high probability of a pullback and adjustment."
"'Agreed,"
Old Wu said.
"At this time, the market's bullish sentiment being too unanimous feels like it's not a good thing."
Brother Chen pondered for a moment and replied,
"I hope it's best not to open with a one-line limit-up, otherwise, today's intraday situation is really hard to say."
"Opening like yesterday would be the most perfect,"
Old Zhang said.
"It's hard not to open with a one-line limit-up,"
Xu Qiao, whose gaze had been fixed on "Teli A"'s call auction trend, said.
"The order block hasn't decreased and is still continuously increasing; this is clearly not a fake order. And with such a large order block volume, there's no capital in the market that can smash through it in one go."
Sure enough, as he spoke...
At 9:19 AM, "Teli A" not only still maintained the trend of a one-line limit-up.
Moreover, its limit-up order block on the market further increased from 100,000 lots at 9:15 AM to around 120,000 lots.
At this moment, Su Yi, who was also observing "Teli A"'s market, seeing that the sentiment expectation for this stock was too unanimous and the limit-up order block was increasing more and more, couldn't help but give up his continuous control over this stock during the call auction, allowing its market to accelerate and form a one-line limit-up open.
Immediately after, under the attention of countless people.
At 9:20 AM, when both markets entered the non-cancelable real call auction session.
"Teli A"'s market performance showed no change, still firmly locked at the limit-up, and the number of order blocks did not decrease in the slightest.
As for the other leading stocks across various conceptual themes.
Stocks such as "Chuansheng Jiuzhou," "Meiyan Jixiang," "Yishang Display," "Tonghuashun," "Duofuduo," "Tiancheng Zikong"... their market trends also basically showed no decline whatsoever.
All also presented a situation of growing stronger and opening significantly higher.
Under the strong call auction performance of these leading stocks across various conceptual themes, and driven by the enthusiastic and high bullish market sentiment.
A few minutes later, when 9:25 AM arrived and the call auction for both markets ended.
The three major indices: the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index, all opened higher near the 1% gain mark, among which, the ChiNext Index and SME Board Index significantly opened over 1.2% higher.
In addition to index performance, various hot conceptual themes in both markets.
As well as the top twenty hot thematic stocks in terms of attention from retail investors.
also all presented a situation of significantly higher opens.
Especially "Teli A" stock, which topped the list of hot stocks in both markets, after hitting a new historical high, opened directly with a one-line limit-up, accelerating with shrinking volume, setting new historical highs and new highs for this rebound, again pushed the already heated short-term speculative sentiment in the market, and the profit-making effect of short-term speculation, to a climax.
"The entire call auction, a total of 10 minutes, only transacted 1023 lots of chips?"
Seeing the higher-than-expected opening situation presented by "Teli A", in the internal group of the "Gusu Faction" main speculative funds, who were also among the main holding funds for this stock, Zhang Xinlei from "Modu Jinling Road" was utterly astonished:
"It's basically a limit-up with no volume situation; all funds are locking up positions, and the market expectation feels too unanimous."
"This kind of limit-up with no volume... why do I have a bad feeling?"
He Chong from "Gusu Xibei Street" slightly frowned and replied in the group.
"I also have a bad feeling,"
Old Qian from "Yuhang Wenhua Road" said.
"This accelerated opening pattern of a high-position, no-volume one-line limit-up is somewhat similar to when "Meiyan Jixiang" peaked back then, and also exactly like the trend of "Teli A" when its second wave of speculation ended, which was when the stock was put into the "small black room" before the National Day holiday."
"These two similar situations you mentioned...,"
Zhang Xinlei said,
"The capital from Financial Street Fuxing Road was the first to crash the market both times, right?"
"Indeed,"
Old Qian said.
"Holy crap, it feels like history might repeat itself today too,"
He Chong replied.
"In this pattern, a high-position, one-line limit-up with shrinking volume is definitely unsustainable,"
Zheng Jinming from "Gusu Renmin Road" pondered for a moment and said,
"The funds that pushed for the one-line limit-up today must be crazy; take profits now... the pressure of five consecutive limit-ups simply can't be overcome like this. "Teli A" stock will definitely break its limit-up today during trading. This time, we can't let the capital from Financial Street Fuxing Road harvest profits first."
Saying this, he didn't wait for the market to officially open for trading.
He immediately started placing sell orders for chips on "Teli A"'s limit-up board.
The other speculative funds, hearing Zheng Jinming's words, only hesitated for a moment before also following suit and placing sell orders.
As several speculative funds, having decided to withdraw, placed their orders, time quickly came to 9:30 AM.
Indeed, just as Zheng Jinming had predicted...
When the market in both cities just began to tick again, a massive concentrated selling pressure instantly erupted on "Teli A"'s market, which had originally been at a no-volume one-line limit-up.
Then, in just an instant.
The concentrated massive main sell orders smashed the order block of hundreds of thousands of lots into smithereens.
When the limit-up order block was broken through, more follow-up selling orders no longer hesitated in the slightest, rushing and raging like a bursting dam, and in an instant, destroyed all main buy orders supporting the market below, causing "Teli A"'s stock price to flash crash from the limit-up, plummeting straight down.
(End of Chapter)