legendary trader

Chapter 200 199 Accelerated Clearance

When Zhang Yang heard Chen Fan swearing, he didn't think it was funny, and said, "Is it useful for you to swear? The computer we use is equipped with Miruan's browser. If you want to swear, you should swear at you. What kind of bad stock did you choose?"

"Hahaha" Zheng Xiaopang also laughed, "That's right, I don't use Netscape's browser at home, and you still think that others are the browser overlord, and you deserve to lose money."

Chen Fan said unhappily: "Most of the lost money belongs to me, but a quarter of it belongs to you, fat man, what a joke."

"You lose more than me, so I'm proud of it, why not, haha" Zheng Xiaopang continued to laugh and stir up trouble.

Chen Fan could only shake his head and ignore him, and focused on watching Netscape's stock for a while. At this time, Zhang Yang placed a sell order for 76 shares against a few thousand shares of 76 yuan, and 76 yuan instantly changed from green to Bright red means that [-] yuan has been broken.

Looking at the sparse bills below, Chen Fan shook his head and said to Zhang Yang, "Don't think too much about it, just hit the circuit breaker, what's the price?"

Zhang Yang shook his head and said that he hadn't calculated it, but he still didn't stop. He continued to sell 75.95 shares of Netscape at 75.9, and then sold [-] shares at [-] before stopping temporarily to see if he could have funds. Enter the market and take away the chips you have smashed out.

After several small orders gradually bought the sell order of 75.9 yuan, before the order of 75.95 yuan was completed, someone placed a sell order of 75.85 yuan. Almost all buying orders were swept away.

Soon, 75.9 yuan was occupied by selling orders of 2 shares.

"Keep smashing, there is no other way, I was bitten by someone." Chen Fan felt something was wrong, so he quickly said to Zhang Yang.

Zhang Yang just nodded, and continued to place sell orders against the buy orders below.

75.85m, 75.8m, 75.75m, 75.6m, 75.55m, 75.5m.

When Zhang Yang smashed a purchase order of 4 shares to buy 75.5 yuan, the world was quiet.

"Damn it, let's blow up Netscape." Zhang Yang immediately reacted and said loudly.

"Really or not." Zheng Xiaopang also got up and came over to have a look, then gave a thumbs up and said, "Yangzi is awesome."

After speaking, he ran back to his seat and continued to operate the stocks of Namigo Software.

Chen Fan looked at the trading background and said, "A total of 17 shares have been sold. If we keep falling at this rate, we may be able to buy more at 70 yuan, so that we can also sell some more stocks."

"I don't know if the market will rise again after 5 minutes or continue to fall? How should we operate?" Zhang Yang encountered such a situation for the first time and was a little at a loss, so he asked Chen Fan.

"I don't know, let's see when the time comes. If someone buys it, of course we will continue to sell it. If no one buys it and continue to sell it down, I have made up my mind and am ready to lose money, so..."

Chen Fan looked at Zhang Yang and said, "Sao Nian, let's do it for ourselves, I like you."

"This watch is shameful." Zheng Xiaopang muttered on the side.

A few minutes passed quickly, and Netscape resumed trading. Chen Fan didn't know what effect Netscape's lower limit would have on the market. At least from the fact that the Nasdaq index seemed to rebound immediately after a slight drop, it seemed that the market was still following its own rules. running.

"Yo, not bad, a circuit breaker attracted a lot of money into the market." Chen Fan was still researching technology stocks, and heard Zhang Yang's voice in his ears.

Now Netscape's stock price has rebounded to 76.1 yuan, Chen Fan immediately paused to look at the stocks, and switched the screen back to Netscape's trading interface.

After the re-trading, Netscape stock was directly pulled to 75.6 yuan by buy orders, and then several buy orders swept away the selling orders below 76 yuan, and the stock price began to rise rapidly.

However, they were under pressure from selling orders around 76.1 yuan. Chen Fan watched Zhang Yang continue to place chips, and knew that Zhang Yang might be the one who sniped the buying orders.

Chen Fan cut to the trading backstage and saw that more than 2 shares of Netscape had been released within 2 minutes, feeling a little excited.

"You did a good job, you lost more than 2 yuan in a while." Chen Fan said to Zhang Yang with a smile.

Zhang Yang shook his head and said, "About 1 shares were originally listed on it. I only placed 4 orders, which amounted to more than 1 points. The buying orders were still not enthusiastic enough, and the orders were not large. I plan to suppress them and sell them." .”

"It's fine if you're happy. If you can tonight, try to clear the position." Chen Fan nodded, no longer paying attention to the stock price trend of Netscape, and that's it, he continued to start his work of flipping stocks.

More than an hour has passed, and the time has entered the early morning of Friday.
"Damn it, it's finally blown a second time." Zhang Yang cursed there.

Chen Fan turned his head and saw that the latest stock price of Netscape was already 70.6 yuan.

"Why did it fall so fast? It was only 76 yuan just now, so it's only been a long time." Chen Fan asked puzzledly, while talking, he switched the computer screen to the stock interface of Netscape.

"There are more and more people selling, and everyone is scrambling to sell their stocks. There will be a lot of support there." Zhang Yang replied unhappily.

Chen Fan looked at the steep downtrend chart, and switched the screen to the trading background. At this time, more than 33 shares of Netscape's stock have been sold, and there are still 26 shares in open interest, with an average price of 61.53 yuan.

Heaving a sigh of relief, Chen Fan patted Zhang Yang on the shoulder and said, "You did a good job, maybe you can make money after the goods are finished."

Zhang Yang was puzzled at first, but he didn't understand until he saw the computer screen on Chen Fan's side.

Chen Fan looked at Zhang Yang's expression and said with a smile: "Why, I just looked at the market and smashed the market, but I didn't notice that our holding cost is also falling. Hehe, I was already prepared to lose money. Now it seems There may be profits."

Zhang Yang shook his head and said, "It's hard to say now. I'm a little worried about whether the market will dive after the market opens again."

Chen Fan probably understands what Zhang Yang means. The first temporary suspension is easier to attract funds to enter the market to rebound, but if it continues to fall, those funds are not fools. will be reduced.

"The only thing we can hope for now is that Netscape's current predicament won't spread so quickly in the market, otherwise it's really hard to say anything." Chen Fan said helplessly.

"Have you selected the stocks well? Are you going to adjust the stock pool?" Zheng Xiaopang asked from the side.

Chen Fan shook his head and said, "Other stocks seem to be doing well, so they won't move for the time being. If you increase your position in Miguo Software by 4 million, then stop it, and we'll talk about it when you need to adjust it later."

"In the future? You mean you won't adjust your position right away?" Zheng Xiaopang asked.

"I'll think about it over the weekend. It may take some time to observe the position adjustment. I haven't watched the US stock market much in the past few weeks. If I just watch it overnight and analyze the market for a period of time in the future, I'm not that capable. .”

Chen Fan said to Zheng Xiaopang with a wry smile.

"There are still 26 shares left. I feel exhausted and flustered." Zhang Yang sighed at the side, "Little Fatty, how are you doing there, come over and let's change."

"You're not willing to let you manipulate the market. You don't know how to be blessed when you're in the midst of blessings." Zheng Xiaopang looked at Zhang Yang with disdain and turned back to ignore him.

"I don't know what's going on at the opening of the market this time, and I feel like there is no bottom." Zhang Yang explained that he was already worried that Netscape's stock would plummet after trading resumed again.

After all, other investors are not fools. After falling continuously, after experiencing the first and second limit-downs, even if they want to rebound, they will have to figure out the reason for the decline before making a move. If this is the case, I believe that Netscape’s embarrassment The situation will be spread by the market, so don't think too much about it next, there must be a large number of selling orders pouring out, and the price will fall immeasurably.

Chen Fan wanted to laugh a little, but he held back, and said softly, "It doesn't matter if you lose money, you have nothing to worry about. You can wait and see when the market opens. Anyway, there are robots throwing orders outside. If something really happens Let’s go for it, appearance is the most important thing.”

But even though he said so, Chen Fan still fixed his computer screen on Netscape's stock interface, waiting to see the market's reaction after trading resumed, whether it was a fluke.

Soon the suspension time came, and Netscape stocks resumed trading. When the first deal was refreshed, Chen Fan felt a little bad.

69.95 yuan, 7200 shares traded.
Chen Fan shook his head and said, "Get out, Netscape is hopeless."

As he said that, he also joined the ranks of rushing to buy orders.
Undoubtedly, after the resumption of trading, Netscape’s stock once again experienced a fierce diving trend. The stock price was directly smashed to 70 yuan and then plummeted, and it fell directly to 66 yuan before it stopped falling slightly and began to be bought. The disk gradually came into play.

In this wave of tragic decline, the Nasdaq Index has inevitably been affected, and many technology stocks have experienced small dives to varying degrees.

When technology stocks showed an overall downward trend, which tended to spread gradually, and the decline began to be magnified, market participants also began to get nervous, worrying that the continuous decline of Netscape's stock would affect the market's support. Confidence in stocks was shaken, which triggered a Domiller effect.

The tragic washout not long ago is still vivid. Many small and medium-sized investment institutions were forced to close down after that market turmoil. Is history repeating itself?

Just after all parties in the market became cautious, a stock gradually appeared in front of everyone.

Although it is also a decline, both the speed and the decline are unique in the Nasdaq market. The most important stock is still recognized as a representative of American high-tech companies.

Yes, at the most critical moment when the market entered, Miguo Software began to be noticed by a large number of institutions and investors.

At this time, Zheng Xiaopang is stubbornly resisting the continuous flood of sell orders.

In this short period of time, Zheng Xiaopang's performance in absorbing Namiguo Software is too dazzling. The stock price of Miguo Software is firmly rooted at 25.5 yuan, a drop of 0.4 yuan or 1.5% compared to the previous trading day. .

Relatively speaking, this decline is not small in the U.S. stock market, but in the case of a large number of technology stocks falling by more than 3%, the stock price of Miguo Software not only held at 25.5 yuan, but also the trading volume was still violently increasing. It has to be taken seriously.

Zheng Xiaopang was only busy placing orders to raise funds, and he didn't realize at all that he was pretending to be aggressive in the market without knowing it.

The sad thing is that Zheng Xiaopang didn't notice this, he just felt that there were so many selling orders for American software today, and it seemed to be about to collapse.

For other market participants, what they saw was that when a large number of technology stocks fell one after another in the stock of Miguo Software, Misoft first followed the market for a small decline, and then was resisted by the tenacious buying. , No matter how many selling orders there are, it shows that there are funds frantically protecting the market and absorbing goods, and the trading volume has been maintained at a high level. It seems that they are completely unaware that the market is currently in crisis.

Zhang Yang and Zheng Xiaopang didn't notice this situation, only Chen Fan noticed. After making a few sales, Chen Fan began to observe the changes in the market. When a large number of technology stocks began to fall, as an important weathervane and stock In the pool's stock, the trend of Miguo Software appeared in Chen Fan's eyes.

Chen Fan showed that he scolded Zheng Xiaopang for being an idiot in his heart. He didn't grasp such a good opportunity to buy low. Just when he was about to tell Zheng Xiaopang to stop, he suddenly thought that Zheng Xiaopang likes to show off like this. Pang also seemed to have regained his confidence in operating stocks. Will making a sound at this time affect Zheng Xiaopang.

After thinking silently, Chen Fan chose not to speak, and waited for the subsequent changes in the market.

Then, Chen Fan soon discovered that the stock price of Miguo Software seemed to be really suppressed. Not only Zheng Xiaopang was frantically increasing his position, but also other market participants seemed to be entering the market to grab chips.

After thinking about it for a while, Chen Fan figured it out. Since Netscape's stock was abandoned, it meant that Miguo Software's market share would further increase, and Misoft could eat up this part of the market.

After the funds withdrew from Netscape, a considerable part of them would look for other investment opportunities in the market, so American Software, which defeated Netscape in the market competition and grabbed the market cake, naturally entered everyone's eyes.

At this time, Zheng Xiaopang's bold behavior of defending the market will only strengthen these people's confidence in Miguo Software, thinking that if they have funds to go with them, naturally the funds will gradually tilt here.

Whether the sharp drop in the U.S. stock market is good or bad for Chaofan Investment, Chen Fan can tell with a little brainstorming.

Chaofan Investment's current stock investment exceeds 5 million, and the current market is close to 8 million yuan. Chen Fan does not intend to continue to increase his position, so the decline will not benefit Chaofan Investment, unless Chaofan Investment intends to further increase investment in rice stocks. Otherwise, of course, the market cannot be allowed to fall again.

If the market falls sharply again, and the big hand seizes the opportunity to smash the market, and if the other party targets the extraordinary investment, then I am afraid that I will blow up and leave the market.

Although the probability of this stock is very low, Chen Fan has to be on guard against such an extreme situation. After all, the last time he invested in the US stock market, news came from abroad. It is not ruled out that his every move in the market will be followed by others. Although Chen Fan has never figured out how the other party got his transaction information, could it be that the exchanges in the United States are controlled by those people?
Chen Fan felt a little creepy when he thought of this place. Although he thought it was unlikely, he thought that it was someone else's home field.
Then to avoid such a situation from happening, the market cannot be smashed down, so the current American software has become the most critical link.

Chen Fan turned to look at Zheng Xiaopang.

(End of this chapter)