Monday, the stock market opened, and the energy sector continued to pull back.
The eighteen stocks of the Tianxing System generally opened three to five points lower, leaving no chance to rebound and escape.
If you bought at the last limit up on Thursday, then the loss would be around -13% by now.
Retail investors are already numb, initially thinking they had caught a big fish, only to find out that all crows under heaven are just as black.
After two days of significant pullback, they no longer hope for Mr. Lu to come out and save the market, to stabilize a crumbling building.
Because on Friday, the Dragon and Tiger List showed that Tianxing Fund alone offloaded 8.3 billion in BYD's stocks.
This is just the data they're willing to show, what they can't see, the outflow of funds is only greater.
It's safe to say that these two days of pullback in the energy sector are caused by the massive sell-off of the Tianxing Mixed Fund.
