The collapse of Liquor Fund 202 1 is understandable. Judging from the overall trend of 202 1, liquor reached a wave of high points years ago, and the Shanghai Composite Index also reached its peak in the past two years. At this time, basically all funds have reached new heights. The liquor sector is obviously very fierce, but after the New Year, both the liquor sector, the new energy sector and the medical sector began to retreat in large numbers. At that time, the daily retreat was terrible, and it was normal to drop 5 or 6 points a day.

I think this retreat is understandable, because liquor was brought by a lot of money years ago. At that time, the liquor sector was favored by funds, and a large amount of funds hit the liquor sector, which made the liquor fund increase its holdings very well. However, there will inevitably be a callback after the year, and this callback situation is also acceptable. From the latter point of view, after experiencing a sharp correction, liquor rebounded the fastest, like some other sector funds, the rebound speed was not as fast as liquor. Only in the past two months, the liquor fund has entered the adjustment stage, and there will basically be no big drop or big rise.

This is actually the rotation of the plates. During this period, the medical and new energy sectors are more fierce, and the liquor sector can only wait until the next plate rotation. In the long run, the liquor sector still has high investment value. If we look at the valuation alone, the valuations of the three sectors of new energy, medicine and liquor are very high, but these three sectors are indeed the hottest and the best. Therefore, when there is a big drop, unless the market is particularly bad, it is a good opportunity to open a position to cover the position.