However, before the curtain falls.
Countless people, countless investors, will once again stand at the peak, taking on these over-hyped chips, paying for this round of conceptual market speculation with hope and confidence.
Thinking of this, Su Yi subconsciously looked at the current holding data in his stock account.
After this round of continuous hype for 'Meiyan Jixiang', his market value of holdings had reached 489 million, and the total assets in his account had surpassed the 500 million mark, reaching 521 million.
He was quite satisfied with this result.
Of course, satisfaction aside, given 'Meiyan Jixiang's current market condition.
He had no intention of liquidating his position and taking profit at this point.
For heavy holders like him, the stage where the leading stock accelerates with decreasing volume is precisely when sentiment and capital resonance are strongest, and the expansion of holding profits is most rapid.
At this moment, topics such as 'The King's Woman' and 'The Sky is the Limit for the Leader' were being frantically discussed across major stock investment forums, communities, online message boards, and even financial media websites nationwide.
The market popularity of 'Meiyan Jixiang' continued to rise, attracting more short-term funds and speculative capital from across the market.
Under such conditions and emotional feedback.
Su Yi estimated that 'Meiyan Jixiang's volume-decreasing acceleration process still had at least 2 to 3 daily limit-up spaces.
With his holding size, another daily limit-up could bring him an additional forty to fifty million in profit.
Two or three daily limit-ups would mean over a hundred million in additional profit.
There was no reason for him not to earn such profits.
Therefore, even though he understood that 'Meiyan Jixiang' was hitting its peak with daily limit-ups on decreasing volume.
At this moment, he still patiently maintained his locked position, continuing to watch the market ebb and flow, observing the final frenzy displayed by various conceptual themes across the market, driven by 'Meiyan Jixiang's consecutive, better-than-expected daily limit-ups.
As he patiently watched the market.
With the increasing market bullish expectations and the continued popularity of conceptual themes.
Having already seen two consecutive bullish candles, the two markets continued to trend upwards with volatility, driven by bullish sentiment, eventually closing with another moderate bullish candle.
Among them, the Shanghai Composite Index almost broke above 4100 points today.
After the close of the two markets, the broader investor community's discussion of the market trend appeared much more active than before.
It seemed everyone instantly felt like they were dreaming of a bull market again.
Moreover, under the soaring bullish sentiment, public attention on 'Meiyan Jixiang' grew increasingly high, firmly securing its position as the top trending stock in both markets.
Subsequently, amidst the heated discussions among numerous investor groups.
The Dragon and Tiger List for both markets was updated, and 'Meiyan Jixiang' continued to be listed.
According to the disclosed buying and selling data from its Dragon and Tiger List.
It could be seen that today's buying seats did not feature any first-tier institutional speculators with particularly large buying volumes.
Instead, they were mostly small and medium-sized institutional speculators with buying volumes of ten to twenty million or twenty to thirty million.
The selling seats also showed a similar situation.
As for the highly anticipated 'Financial Street Fuxing Road' seat, and the 'Gusu Super Short Gang' institutional speculators who continuously accumulated chips and heavily increased their positions near the daily limit yesterday, they did not appear on today's Dragon and Tiger List buying and selling seats for 'Meiyan Jixiang', indicating a complete lock-up of positions.
"It was expected for the 'Financial Street Fuxing Road' capital to lock its positions. I didn't expect the 'Gusu Faction' institutional speculators to also lock their positions today,"
Chen Guiyun said in the internal group of 'Foshan Faction' leading institutional speculators, upon seeing the disclosed Dragon and Tiger List buying and selling data for 'Meiyan Jixiang'.
"Looking solely at today's Dragon and Tiger List data for 'Meiyan Jixiang', it appears extremely quiet, but if combined with yesterday's and earlier Dragon and Tiger List data for this stock, it reveals hidden dangers."
"No first-tier renowned institutional speculators from within the industry intervened today. It seems everyone has started to become cautious about this stock,"
Li Jinshi said.
"However, with such light list data, the total buying volume from the top five buying seats was less than 150 million, yet it managed to seal the daily limit for 'Meiyan Jixiang'. This is quite surprising."
Liao Guoxiang thought for a moment and said,
"Under extreme bullish sentiment, there's no need for an enormous amount of main closing capital to guide the daily limit closure. The combined force of various following funds is sufficient to seal the market."
"However, the main capital from 'Financial Street Fuxing Road', plus the 'Gusu Faction' institutional speculators, collectively hold at least 500 million in chips,"
Li Jinshi said.
"If these two capital factions dump their shares tomorrow, wouldn't 'Meiyan Jixiang's market absorption face a huge problem?"
Chen Guiyun said,
"It still depends on the change in sentiment. If market sentiment remains this strong, I think 'Meiyan Jixiang' will likely still manage one more daily limit-up."
"Regardless of whether we hold shares or not, we should still hope that 'Meiyan Jixiang', this leading conceptual stock, can go further,"
Liao Guoxiang said.
"After all, only if the conceptual leader creates more upward space can the numerous follow-up conceptual stocks have a market to operate in."
"Mr. Liao, do you think the current market can still follow the 'high-low rotation' logic?"
Chen Guiyun thought for a moment and asked.
Liao Guoxiang replied,
"Clearly not. At this time, market sentiment can only move in one wave, only pushing higher. Moreover, in the current market conditions, once the trend of 'Meiyan Jixiang', this conceptual leader, is broken, then both high-position and low-position conceptual stocks will be affected."
"Sigh..."
Chen Guiyun sighed and said,
"I originally wanted to do a 'high-low rotation'."
"The current market pattern is different from when 'Teli A' peaked back then,"
Liao Guoxiang said.
"In this situation, a 'high-low rotation' won't be successful."
"But high-position stocks are hard to chase when sentiment has already converged,"
Li Jinshi said.
"There's simply no entry point."
Liao Guoxiang pondered for a while and said,
"If there's no entry point, then rest. Trading shouldn't be forced."
Although he envied the 'Financial Street Fuxing Road' capital for making huge profits on 'Meiyan Jixiang', he would not rashly enter and trade in uncertain market conditions.
Currently, seeing that 'Meiyan Jixiang' was already reaching its peak with decreasing volume.
In this situation, to avoid the rapid fading of short-term speculative sentiment after the leading stock's trend exhausts.
If there were no speculative targets with extremely strong speculative logic and very high certainty of opportunity, he would rather observe the market trends from the sidelines, remain uninvested, and wait for the market's emotional cycle to complete before participating in the next emotional cycle of speculation.
Meanwhile, across the entire market, within various institutional speculator circles.
There were also quite a few leading institutional speculators who shared Liao Guoxiang's thoughts.
As the most sensitive to market sentiment and also the smartest major capital in the market, these top players in the institutional speculator world, even if they couldn't clearly know the market's trend trajectory like Su Yi with his rebirth advantage, they could more or less perceive potential market risks from emotional feedback and devise corresponding trading strategies to cope.
Of course, at this moment.
The vast majority of the entire market's investor community was still comprised of various institutional speculators and small to medium-sized investors who were swept up by emotion, actively bullish, aggressively chasing long positions, aiming to pursue the leading stock at high prices and capture the easiest profits during its main upward phase.
After all, no matter when, the clear-headed ones in the financial market are always the minority.
Otherwise, there wouldn't be the so-called stock market law of 'seven losses, two breaks even, one profit'.
Even as this minority of major capital prepared to secretly take profits and withdraw, the vast majority of small and medium-sized capital groups, under continuously brewing bullish expectations, were all preparing to heavily increase their positions, continuing to gamble on the 'bull's return' in an emotional atmosphere.
The next day, August 14th, Friday.
The two markets continued to open higher and climb, with the Shanghai Composite Index launching a full assault on the 4100-point mark.
Meanwhile, 'Meiyan Jixiang', the leading conceptual stock, also continued to open significantly higher, aided by the booming bullish sentiment in both markets.
Then, after a brief fluctuation, it continued its volume-decreasing acceleration to hit the daily limit.
Su Yi watched as 'Meiyan Jixiang' sealed its daily limit.
The market's turnover rate had reduced to 9%, indicating that the stock was nearing its extreme low volume.
The peak in stock price and the concentrated flight of profit-takers from the market were getting closer.
However, after comprehensively judging the overall market trend and emotional direction, he still did not choose to heavily take profits and withdraw at this moment, continuing to maintain his locked position.
Until after another weekend of emotional buildup...
On August 17th, 'Meiyan Jixiang', driven by a frenzy of follow-up orders and countless funds scrambling for shares, directly showed a one-line daily limit-up pattern with decreasing volume during the two markets' call auction.
Only then did a sharp gleam reappear in Su Yi's eyes, and a strong desire to take profits emerged in his heart.
(End of this chapter)
---------------------
Support me on P@treon
[email protected]/charaz
$3 -> 15 chapters in advance
$5 -> 30 chapters in advance
$10 -> 60 chapters in advance
Check my pinned post on P@treon