legendary trader

Chapter 222 Chapter 221

Hearing Chen Fan's words, Zheng Xiaopang gave him a suspicious look, then turned his head and continued to operate.

Chen Fan continued to explain: "For the stock price to roll up, you need funds to continuously buy and sell, and you need more funds to participate in the rotation, so that the cost of holding positions in the market will remain at a high level. At this time, the dealer is the safest .

In the past, I always thought that when I was a market maker, pulling up means quickly sweeping away the bargaining chips, pulling the stock price to a high price and then selling the pushed up stock price to retail investors. Didn’t we discuss shifting gears at that time?
Now I have discovered that when the banker pulls up, he actually likes to have big players or some small institutions enter the market to help rotate, because they will hold more stable chips. The most important thing is that the cost of new funds entering the market during the pull-up phase It is completely inferior to the dealer.

You see, as far as the cost of this spring air conditioner is concerned, the dealer has made the box for more than two years, selling high and buying low. I estimate that the cost price of the dealer is probably only a few dollars. "

"You can talk about it after the market closes. Now the stock price is 40.5. It's going to hit a new high. What's the point of chasing it?" Zheng Xiaopang is currently concentrating on stocks, so he doesn't have the time to listen to Chen Fan's insights.

"Of course, continue to buy. At this time, it should be the promotion stage that I started to talk about and let go of food." Chen Fan said indifferently. Although he was a little bit unsatisfied, he is still trading now, so let's talk nonsense after the market closes.

Soon, the stock price of Spring Air Conditioning fluctuated and rose to 40.5 yuan. With the accumulation of selling orders from above, the intraday selling orders were also continuously pressed out, and it became more and more difficult for the stock price to continue to rise.

With the entry of a large number of sell orders, the stock price did not quickly break through to the intraday high as Chen Fan expected, but fell back slightly. During the fall, the sell orders were still accumulating rapidly at the selling price.

Chen Fan stared at it for a while and suddenly said to Zheng Xiaopang: "Tell me, isn't the selling price coming out this morning smaller than that in the morning?"

"No, it feels like there are still a lot, and the list is huge." Zheng Xiaopang said casually, but didn't take it seriously.

"No." Chen Fan shook his head and said, "The selling order that was pushed out this time seems to be very large. It doesn't look like a locked-in order, but it seems that the dealer deliberately put it up to scare people."

"Maybe." Zheng Xiaopang casually perfunctory.

When the stock price of Spring Air-Conditioner fell back to 40.45 yuan, Chen Fan contacted the transaction data and finally found out why he felt that the selling order was very small this time. The selling orders were all placed on the selling price, rather than a large number of transactions.

In the family data column of the market interface, the transaction data on it are very small, and the large ones are no more than a hundred lots. It looks more like the accumulation of several transactions.

Chen Fan told Zheng Xiaopang about his discovery, and Zheng Xiaopang also glanced at the transaction column, then switched to the transaction column interface, and compared the time to the time when the high point was hit several times in the morning, and finally nodded and said: " You are right, so what should we do now, vigorously sweep the goods or "

"We'll follow up after the banker makes an effort." Chen Fan said firmly.

Just when the market thought that the spring air conditioner's upward attack would return in vain, the trading volume began to increase, and the transaction energy column began to rise rapidly. With the sudden active trading, the stock price also switched from the slow decline mode to Rocket launch mode.

40.46元，40.48元，40.49元.40.51元.40.55元.
Three-digit buy orders appeared in the transaction column continuously, and the stock price of Spring Air Conditioning shot straight into the blue sky like a rocket launch.

Except when the market broke through 40.5 yuan, there were two thousand-lot buy orders in the market, the other times were three-digit buy orders, and the stock price soared to the intraday high and continued to rise.

40.60 yuan. 40.80 yuan. 41 yuan. 41.5 yuan.
A perfect rocket launch trajectory appeared on the trend chart of Spring Air Conditioning, with an unparalleled momentum, and it rushed high under the impetus of huge trading volume.

Soon, the crazy rise in the stock price of spring air-conditioning attracted many investors who paid attention to the 3-minute and 5-minute rise. When the market was about to close in less than an hour, stocks that made a strong move at this time often indicated that the next day's stock price would rise. There will be better performance, which is simply a paradise for short-term speculators.

In this round of soaring, the stock price of spring air-conditioning directly rushed to around 42.3 yuan before stopping the rise, and began to fluctuate at a high level. It is estimated that it will go back and forth between 42.1 yuan and 42.3 yuan, and the trading volume will still remain at a high level. Not only Chaofan Investment is entering the market in large quantities, but also a lot of hot money in the market is also participating to gain short-term gains.

"The increase is only 5%, and I can't even make it to the first edition of the price increase list." Zheng Xiaopang took the time to switch the price increase list and said, "Today, there are 22 stocks on the first page of the price increase list, 17 of which have a daily limit, and 5 of which have an increase of more than 9%. .”

"It's just the beginning, don't worry." Chen Fan just said with a smile. In fact, he was relieved at this moment, and his ability was fine for the time being.

After thinking about it, he continued: "Actually, what I'm most afraid of is not that the stocks will not rise, but that the dealers are determined to sell. Their costs are terrible just thinking about it."

"In the future, we will also do Changzhuang, starting with Bodao shares. I will make its cost price a negative number." Zheng Xiaopang said on the side.

When Chen Fan heard Zheng Xiaopang's swear words, he just smiled, "It's good to have this heart."

Zheng Xiaopang glanced at Chen Fan and said with a smile, "That's actually not difficult."

"Why is it not difficult?" Chen Fan asked suspiciously, not knowing where Zheng Xiaopang thought of again.

"As long as most of the stock is sold at a high price, and the cost of buying the remaining part is lower than the income, the cost will naturally be negative, hehehe." Zheng Xiaopang laughed.

Chen Fan looked at Zheng Xiaopang speechlessly. He could think of such an idea, but no one else. What's the point of doing this?
The rest of the time has completely become garbage time. The dealer of Spring Air Conditioning is probably satisfied with today’s results. The stock price has been trading sideways above 42 yuan until the close. Finally, Spring Air Conditioning ended the whole day’s trading at 42.18 yuan. On the K-line chart The appearance of a very long breakthrough Yang line indicates that this stock is about to get rid of the box operation and enter a new stage.

After the market closed, Chen Fan and Zheng Xiaopang went to the trading team, and after finishing the closing summary with them, they dragged Ma Yunbo into Chen Fan's office. After the secretary brought tea from the bar, the three discussed in secret for a while. Basically discussed all the precautions for the next day's trading.

Today’s spring air conditioner, Chaofan Investment has increased its position significantly. The current position is close to 2 lots, reaching 1.82 lots. The average price is 40.96 yuan, and the funds used are close to 7500 million yuan. However, the actual profit is not much, only 1 per share. It's just a few bucks.

"Tomorrow, we should be able to complete the opening of the position. There are more than 2 million left, and it should be easy to enter the market." Chen Fan finally concluded.

The next day's trading was relatively easy. After the stock market opened, the stock price of Spring Air Conditioning opened slightly higher, and there was a slight upward trend at the opening stage, but it only rushed to 42.8 yuan, then turned down, and tested the round number of 42 yuan again. The support of the position, and then the stock price began to fluctuate and rise.

At this time, Chen Fan's focus had shifted from the spring air conditioner to the stocks in the stock pool.

All morning, Chen Fan had been observing the list of investment stocks this time. Apart from spring air conditioners, what other stocks showed signs of starting to start.

But so far, more than a dozen other stocks are still very stable, and they are all rising and falling according to their own trajectory, and there is no sign that the stock will break the original trajectory.

Chen Fan was just a little disappointed, but seeing the market was just like that. Although there were many stocks on the daily price increase list that surged up like a convulsion, the continuity of the market at that time was very bad, and many of them lasted for one or two days. That's all, it should be said that short-term funds during this period were actually very painful to operate.

From 11:4 in the morning, the stock price of Spring Air Conditioning fluctuated all the way up, and the sharp upward trend continued until after 44.12:45.01 in the afternoon. It rose again by [-] points throughout the day, closing at [-] yuan, and once reached [-] in the intraday session. Yuan, but there was a certain drop in the last hour of late trading.

Chen Fan didn't have any idea about the drop in late trading.

After all, the recent market conditions, because a large number of stocks have risen like a convulsion, lack of sustainability, and a large number of speculative funds choose to move in and out quickly. The late decline is most likely caused by the outflow of inflows in late yesterday after obtaining short-term profits.

Chen Fan thinks so, and feels that this trend is normal and there is no need to worry at all.

The trading volume throughout the day also remained at a high level, allowing Chaofan Investment to successfully spend the prepared 1 million yuan of funds.

At present, there are 23995 lots of spring air-conditioning positions held in Chaofan investment account, with an average price of 41.67 yuan.

After the market closed, Chen Fan discussed with Zheng Xiaopang and Ma Yunbo for a while, and they all felt that Spring Air Conditioning should maintain such an upward trend.

From the current point of view, the continuous sharp increase in stock prices and the frequent entry and exit of intraday hot money are not only conducive to the continuous rise of stock prices, but also very good for hot stocks.

Although there is no spring air conditioner on the price increase list in the last two days, such a market is believed to have attracted the attention of many market institutions and short-term speculative funds. I believe that more funds will intervene in the subsequent promotion. When these short-term capital flows reach a certain balance, the stock price of Spring Air Conditioning can maintain its upward trend and will not collapse.

The market on Thursday and Friday also confirmed their analysis. The stock price of spring air conditioners continued to rise sharply, and the trading volume was more active.

There were large orders coming in and out from time to time during the session, and it was clear that the spring air-conditioning stock was becoming more and more attractive to market funds.

What makes Chen Fan and others even more happy is that other home appliance stocks such as Changhong Electronics and Brothers they invested in are also beginning to follow the rise and fall of Spring Air Conditioning intentionally or unintentionally at this time, and seem to intend to use it as a short-term sector leader signs.

On Thursday and Friday, spring air-conditioning still maintained a sharp rise, closing at 45.98 yuan and 48.27 yuan respectively, ending a week of trading. The stock price rose by more than [-]% throughout the week, ranking fifth on the list of gains this week. Almost all of the stocks ranked in the second place are old stocks recognized by the market. Except for a small number of retail investors and short-term hot money who think they are highly skilled, most market investors stay away from them.

At this time, Spring Air Conditioning already has the meaning of being the first stock of blue-chip white horse stocks, and it is likely to lead the wave of performance.

Chen Fan and the others are very satisfied with this kind of market performance, especially the continuous rise of air conditioners in spring, which linked the home appliance sector on Thursday and Friday, and the share price of Changhong Electronics also rose in those two days. More than 8 points, although it is still very far away from the list, but it has already shown the characteristics of the sector market, and the market hotspots are also ready to emerge.

In fact, for the stock market, although a single stock can attract a lot of market attention, it is indeed very unfavorable for attracting funds to participate in it.

Although the stocks of listed companies have a total market value of tens of billions or hundreds of billions, in fact, the stocks that enter the market circulation generally only account for a small part of the total share capital, and most of them are held by the group company as the parent company. Possession, these shares will not be sold easily, because the sale of these shares may affect the parent company's control over the listed company.

In addition, many listed companies also have some legal person holdings of company shares for financial investment and business connections. Some of this part is for diversification of investment, that is, long-term investment. Development dividends.

Some of them need to hold certain shares because they have close business contacts with listed companies in order to achieve the purpose of exerting influence on listed companies.

Of course, there are also some institutions that entered purely to obtain the price difference, and by chance, they became shareholders.

Of course, such shareholders are often tragic. After all, it is not a good thing to say in the stock market that stockholders become shareholders.

And because the number of stocks of listed companies in the exchange process is relatively small, a large amount of funds cannot participate in a certain stock at all. In fact, the market is so big. Since others want to raise it, they must already hold it in their hands. There are a large number of stocks in circulation in the secondary market, and new funds will not foolishly try to drive up the stock price for the remaining stocks, which is not worth the candle.

A single bull stock can only attract the attention of the market, but cannot attract the participation of market funds, but it will be different when it develops into a sector linkage.

When a large number of market funds are skyrocketing, they cannot enter the market due to the restrictions on tradable shares. It doesn't matter, you can also start with other stocks in the same industry or similar concepts.

After all, the market is there. Since your company can make money in the market, other companies with similar businesses can also get a share of it. This is the theoretical basis of sector linkage.

Generally, except for very few hype themes, after most leading stocks start, a large number of market makers will find out such and such reasons by analyzing the situation of the stocks they control, and collide with the leading stocks to create the so-and-so plate. , A certain theme, to achieve the purpose of following the trend to boost the stocks in your hands.

Now, spring air-conditioning, relying on good market expectations, has a great momentum of linkage with the stocks of the home appliance sector. As an industry with relatively large influence in the market, it is also a product supplier that stockholders can usually contact. The authenticity of performance and the mass base They are all available. As long as they can attract market funds to participate, Chen Fan can already imagine that the most prosperous sector in this wave of performance is none other than the home appliance sector.

(End of this chapter)