October 8, 2024, a record-breaking day for the stock market, will go down in history.

The turnover of A-shares broke a record of 3.45 trillion yuan, and the net outflow of major funds also broke a record of more than 210 billion yuan. The Hang Seng Index of Hong Kong stocks plunged by a record 9.41%, directly swallowing up all the gains during the National Day.

Since A-shares are traded on a T+1 basis, all the selling orders today come from positions held before the National Day, and today's buying funds are all new entrants. The major funds and super-large orders that small retail investors cannot disguise are all unprecedentedly net sold.

It can be expected that the fellow villagers who rushed into the stock market with joy today to take over the stocks will have to stand guard at high positions...