Rebirth of the Capital Legend

"Haha, in this unilateral plummeting trend, the experience of short-selling stock index futures is much more enjoyable than holding stocks." Lin Minghui has completed all liquidation of stock accounts, and at this moment, he is watching millions more profits added The stock index futures holding account was full of smiles, "Let's continue to fall. Even if the limit of 1,000 shares drops again a few times, I won't be afraid."

"If the limit of 1,000 shares drops again a few more times, it will directly trigger systemic financial risks." Although Mr. Deng's stock index futures account is still a lot of profit at the moment, his expression is much calmer than Lin Minghui. "If the market closes sharply again today and the limit of 1,000 shares falls... I am afraid that the regulators will make big moves over the weekend."

Everyone knows that maintaining the bottom line of preventing systemic financial risks is definitely the top priority of regulators.

The market has plummeted continuously and liquidity is missing.

Mr. Deng felt that it was impossible for the regulatory authorities to ignore the situation and not intervene in the market.

When Su Yi heard Mr. Deng's words, he couldn't help but feel worried about this.

Based on his memories and experiences before his rebirth, he clearly knew that the regulators would definitely rescue the market, but he did not remember the time when the regulators introduced measures to rescue the market.

However, we will conduct an analysis based on the current market trend and the continuous limit-down of 1,000 shares in recent days.

The entire market has begun to transform from a liquidity crisis to a systemic financial risk.

Coupled with the two days on the weekend, it is very conducive to emotional fermentation.

Su Yi comprehensively judged that if the regulators wanted to rescue the market, this weekend would be the best time to introduce corresponding measures.

Thinking about this, he knew that this time, he could not hold the position for the weekend.

You must choose to take profit on your position account at today's relative intraday low to cope with the uncertainty of the weekend news.

"Even if there is a big move, so what?" Lin Minghui said, "After the Shanghai Stock Index fell below 4000 points, the bull market was completely over. Now the entire bull market has loose chips, trillions of leveraged funds, and more than ten trillion institutional main players Funds are all running wild. The central bank's emergency interest rate cuts and reserve requirement ratio cuts can't stop the decline. What good solutions can regulators have? Let me tell you... we can only wait for a wave of risks to be released before there can be a real rebound. .”

After the Shanghai Composite Index actually fell below 4000 points, the continuous lower limit of shares occurred.

He completely no longer believed in the bull market and was firmly bearish.

"Even if the regulators have no good way to prevent the market from continuing to plummet, they must rescue the market." Mr. Deng continued to respond, "Many stocks in the market have been halved from their highs during the recent continuous declines. If they continue to fall... …The equity pledged by many major shareholders should be liquidated, and once these pledged equity liquidated, it would instantly endanger the banking system, leading to comprehensive financial risks.”

Lin Minghui thought for a while and said: "Then according to Lao Deng, what do you mean, at this moment... we should close our positions and stop our profits?"

"You're right." Mr. Deng nodded, "I think it's almost time to let it go."

"You, you are still so clueless." Lin Minghui shook his head slightly and did not agree with the other party's point of view. "Even the stock god said, 'I am greedy when others are afraid, and I am afraid when others are greedy.' At this moment, the entire market is completely unilaterally plummeting. In this situation, all investors holding shares are still in despair and fear, and the market shows no sign of stopping the decline, so why not continue to be greedy?”

Having said this, Lin Minghui hurriedly turned his eyes to Su Yi and said with a smile: "Brother Su, you are right?"

Su Yi stared at the 'China Securities 8 Index Futures Main Contract', which had fallen close to 500%, and the Shanghai Stock Exchange Index, which had broken through the 5% fall, and said: "I think Mr. Deng is right, it's time to cut profits. "

Lin Minghui never expected that Su Yi's thoughts would be consistent with Mr. Deng's, and he was surprised: "Didn't you say before that 'the bulls will not die until the shorts die'? At this moment...aren't many bulls in the market not dead yet?" And there are still many people who still harbor hopes of a bull market!”

"That's true." Su Yi said, "But we also have to take into account the fact that our Big A is a policy city."

With that said, Su Yi had already begun to close and cover the short positions he held when the stock price limit of 500 shares in the two cities reappeared. When the main contract of Huazheng Index Futures reached the limit, he gradually closed and covered the short positions he held.

Seeing Su Yi start to close the position without any delay.

Lin Minghui struggled and hesitated in his heart. Although he still didn't agree with Su Yi and Mr. Deng's views, he still followed the trend to close short positions and cut off the profit account in a timely manner.

All 150 short positions held by Su Yi's opponent were closed.

A total of nearly 6000 million profits were harvested, and the total account assets reached more than 7540 million.

At 10:45 a.m., a huge group of mysterious funds began to appear in the market again, and they quickly bought the stocks of a number of central enterprises and state-owned enterprises, forcing the collapse of the Shanghai Stock Exchange Index to rise.

Just when Su Yi thought that this mysterious fund was still an old trick and would only increase the weight to maintain the short-term prosperity of the Shanghai Stock Index, he saw that more market copycats began to follow the pull of this mysterious fund and quickly poured into many small and medium-cap concepts that had already dropped to the limit. The stock market rebounded and drove the core component stocks of the ChiNext Index and the Small and Medium Enterprises Index to rebound upward.

"Eh..." Su Yi couldn't help but be surprised when he saw that the two main capital groups with obviously different compositions started to coordinate and link up, and said secretly, "It seems that there is indeed something moving on the news. Many smart funds have foresight. We have already begun to focus on bargain hunting.”

There are no airtight walls in the market.

No matter what the important news is, good or bad, there are always smart money who will be aware of it in advance.

And the market trend will always respond in advance.

After working as a trader in a large institution for so many years, Su Yi is no longer surprised by this phenomenon.

However, before the positive market news can be realized, the market is faced with the combined pressure of trillions of leveraged funds and countless institutional main funds that are passively reducing their positions.

These are the smart bargain-hunting funds that act in advance, as well as the mysterious funds with the task of protecting the market.

Although the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index briefly pulled the Shanghai Stock Exchange Index, the Shenzhen Stock Exchange Index, and the ChiNext Index into red territory, they failed to ultimately save the market and resolve the liquidity crisis.

On the contrary, it caused a more panic and brutal decline in the market in the late trading period after 2 o'clock in the afternoon.

Finally, when 3 o'clock in the afternoon comes, the two markets close.

The Shanghai Stock Exchange Index still closed with a plunge of 5.77%, while the ChiNext Index and the China Securities Exchange 500 Index still closed with even more tragic declines of 6.36% and 7.08%.

As for Su Yi's "China Securities 500 Index Futures Main Contract" which fully closed the position at profit.

Also in the late trading stage, the lower limit continued to be sealed.

The entire market went through a rare violent inverted V trend throughout the day. The amplitude was very huge, but in the end it still did not change the ending of 'thousand shares falling to the limit'.