Yesterday's reduction strategy worked out. Both securities and Hengke, which were heavily weighted, retraced as expected today. Although there was an overall pullback, risk control was in place, making it much easier.

Let's review today's market: Hengke faced technical pressure, and the clear reduction signal given yesterday was justified. The continued decline today is normal. I took one-fifth of the positions reduced yesterday and re-entered the market, and will consider adding gradually based on the situation. The big bullish candle in securities yesterday was already very strong; the weakness today is normal. The short-term positions were mostly cleared yesterday, and I will keep the medium-term part for further observation.

The semiconductor sector remains resilient, with volume-driven gains for three days. Equipment stocks broke previous highs, and lithography machines also showed performance. Storage logic remains solid. I haven't changed my holdings, but I suggest everyone judge based on their own position pressure—those with large gains and heavy positions can consider trimming some positions gradually.

The coal sector has probably peaked. I liquidated my core holdings today, and most friends following the trend have gained 10%-20%. Taking profits when the time is right is the right move.

Commercial aerospace has shown some divergence; recent gains have been significant, and the valuation is a bit high, so it's better not to chase. I remain optimistic about robotics; those holding green stocks can consider adding a bit at lower prices. For stocks already in the red, don't move. The pharmaceutical sector performed well, with continued momentum in innovative drugs this month. The brain-computer interface concept is still boosting the healthcare sector's enthusiasm. Some holdings I will keep, and if I find a good entry point, I might consider adding more.

The consumer sector has never been very hot, but based on the logic of catch-up, it should show some performance. Those already holding positions can consider small-scale dips to add; those without positions should wait before entering. For new energy and mineral sectors, I maintain the "mining reduction, short-term stabilization" strategy. Stocks with large gains and profits can consider trimming gradually; I have no plans to add positions for now.

Risk reminder: The above is just personal analysis and opinion sharing and does not constitute any investment advice. Investment decisions should be made rationally and independently.