legendary trader

Chapter 329 330 New High

"Creating new highs, do you mean the market is about to start to rise?" Zheng Xiaopang looked at the Nasdaq chart on the computer screen, a very beautiful upward channel, with the bottom constantly rising and the top constantly moving up, "It's only 50 points away gone."

"According to today's trend, if you don't rush to hit a new high tomorrow, it will be next Monday. It seems that the success rate is very high." Chen Fan said with a smile, "Today's rise at the end of the day is obviously someone in the market deliberately creating an upward attack pattern. , bareheaded and barefoot, big Yangxian."

The trend on Friday really confirmed Chen Fan's guess. At 9:13 p.m., the three major stock indexes in the U.S. stock market jumped again and opened higher. The Nasdaq index directly jumped 2057.77 points and opened at [-]. After the opening, it began to fluctuate and rise In terms of market trends, the entire rice stock market is showing a strength to hit new highs.

When the rice stocks showed a strong desire to rise, Chen Fan's attention was now focused on the traders. He wanted to see how those people would reduce their positions on rallies.

But what makes him upset is that today is the second day of opening high and going high, but none of the traders below have lightened their positions. It seems that everyone is very optimistic about this upside market, and maybe only after a new high will someone start. Lighten up.

Chen Fan could only think this way, including the four rookies invested by Chaofan, none of them traded at this meeting. In fact, Chen Fan can also see that the current market has a foundation for a sharp rise, and the market's bullish atmosphere is very strong.

However, Chen Fan was a little upset when he saw that in the early hours of the morning, the market trend today was actually the same as Thursday's trend. It only started to fluctuate sideways after more than half an hour after the opening, and the Nasdaq remained below 2080 points repeatedly. Adjustment.

"It looks like there is no hope today. I guess it will be a little bit late in the day, and this week's market is over." Chen Fan said to Zheng Xiaopang a little discouraged.

"Hmm, I guess the trend is about the same as yesterday, and the new high should be next Monday." Although Zheng Xiaopang felt that the market was not going well, and it didn't look like it was going to hit a new high, he didn't have much regret, "What's wrong with you?" , but it’s just a new high one day later, what a pity.”

"It's nothing, I just feel that it's a bit of a shame not to hit a new high today. Forget it, it's not bad. The futures index is doing very well. It has already received almost 2 more orders. It's a very good result." Chen Fan didn't say much after thinking about it. What, turn the topic to futures.

"Actually, we should participate in the hype of the December contract. You can see how violent this week's volatility is, with a shock of nearly 12 points. If you do well, you can make a lot of money." Zheng Xiaopang told Chen Fan that he didn't want to participate in the December futures index. It's a pity for the transaction, this baby is too lazy, it's too troublesome to make money.

"Go back to the city tomorrow? Also, do you want to hire a professional manager to help with the company's affairs? Your daughter-in-law will manage both domestic and foreign affairs in the future. I'm afraid it won't work." Zheng Xiaopang said with a smile , "When the time comes, be careful that your wife can find a good friend in Europa and she will be at ease."

"Isn't Lao Liu and Zhang Yang dealing with the company's affairs now? Do you mean to find another professional manager?" Chen Fan looked at Zheng Xiaopang and said, "Is it Zhang Yang's bitterness or Lao Liu's annoyance?"

"Old Liu said when he took over that he might not be able to manage the company. He can only manage the department. Zhang Yang is similar. Now Zhang Yang is mainly managing the company, but he is not that kind of material." Zheng Xiaopang shook his head. Said, "Fortunately, Ma Yunbo was not called over, otherwise Zhang Yang would not be able to continue working."

"Let them find one. We only focus on big investment and big business. It's also good to find a professional manager. You can spare a lot of time to play." Chen Fan looked at Zheng Xiaopang and smiled, "What do you think?"

"Yeah, that's what I mean." Zheng Xiaopang nodded and smiled, "It is said that an inch of time is worth an inch of gold, time is the most precious thing, money is just a cloud."

"The people I'm looking for are mainly dealing with the company's affairs, and the finance and investment department will intervene." Chen Fan thought about it and said, "You are still in charge of the money. I don't worry. I will take care of the investment, so you can rest assured."

"Yes, the general affairs are handled by the people below. In fact, they are all trivial matters, but they are too cumbersome. The subsidiaries below can also be handed over to him to supervise." Zheng Xiaopang said, being able to handle the company in an orderly manner, so that he can Time to play, isn't it just a matter of spending some money, everything that can be solved with money is a trivial matter.

"Success, I think the company is handed over to Liu Ying, she is also very tired, she asked Lao Liu and Zhang Yang to discuss recruiting, and sent us the information of the final candidate, and we decided on the candidate after discussing." Chen Fan also agreed. I want to be free and easy, and I don't want to be dragged down by the company and waste time.

"Then let's go tomorrow," Zheng Xiaopang said, looking at Chen Fan.

Chen Fan just thought about it and said: "I won't leave. If you want to go back to the city to play, you can go. I will stay here if I have nothing to do during this time, and I am too lazy to move."

At around 8 o'clock on Monday night, Zheng Xiaopang hurried back to the resort, and when he walked into the office, he heard Chen Fan laughing, "You came back early enough, you only arrived at this time, so you can play comfortably."

"Just kidding, my grandfather has returned to the imperial capital, and I have been recruited to my grandfather's house for the past two days." Zheng Xiaopang said angrily.

"Be a grandson." Chen Fan laughed.

"Well, fuck you, that's what it is." Zheng Xiaopang yelled dissatisfied, "This week I will meet with my grandfather. He is very interested in you and says you are a talent."

"You sold me again?" Chen Fan said in horror, "Why is your grandfather looking for me? He also wants to invest?"

"No, what are you afraid of? I just know that my partner is very powerful, and I want to see what you look like." Zheng Xiaopang said with a smile, "You are afraid of what you will look like when it comes to eating."

"Forget it, let's talk about it when the time comes." Chen Fan slammed his mouth, "It's about to open, and it will go up today. It depends on how high it can go."

Soon time came to 9 o'clock, and rice stocks opened.

The three major indexes gapped and opened again, but Chen Fan and Zheng Xiaopang only focused on the Nasdaq market, and only paid a little attention to the other two markets, mainly considering the linkage between the three indexes.

When the opening point of the Nasdaq appeared, Zheng Xiaopang became excited, "Just jumped over it, and the record high has just passed, I will wipe it."

The Nasdaq opened at 2 points, directly opened 107.24 points higher, surpassed the previous high of 21 points and set a new high.

"Don't get excited, wait until the bidding session to see how it goes." Chen Fan calmed down a little, and hurriedly stopped Zheng Xiaopang, lest he dance around in the office again.

"It must go up." Zheng Xiaopang said firmly, his eyes glowing with gold.

Soon, the rice stock market entered the trading session. Perhaps it was because the opening point was too high, which scared the market participants. The short position is very weak, especially the way of directly jumping over the previous high to hit a new high today, which greatly encouraged the confidence of the bulls in the market. The rise resumed after a pullback of only 3 points, and the Nasdaq started today driven by the bulls. The first round of rises.

From 2104 points to a direct wave, the Nasdaq rose to 2125 points soon, and the trading volume column below also enlarged simultaneously. Now it seems that there is a good trend of price increase and volume increase on the disk.

Now every point the market index rises is creating a new high. At this exciting moment, Chen Fan turned his attention to the Dow and the S&P. Although those two indexes also opened higher today Going high, but the range is very limited, far from the strength of the Nasdaq index, and it is still a little distance from the historical high.

Among them, the Dow is nearly 2 points away from the high point, and the S&P index is only a few dozen points away. It seems that the S&P index has a high probability of hitting a new high before the end of the month.

But the trend of the Nasdaq quickly made Zheng Xiaopang unhappy, "Isn't it a copy of the trend of the previous few days?"

Seeing that the Nasdaq began to reverberate after reaching 2125 points, and after consolidating above 2120 points, Zheng Xiaopang began to worry. He even broke through the high point and still had ink stains. What a waste of expression.

"Maybe probably possible, I don't know, who can say for sure." Chen Fan glanced at the trend of the Nasdaq index and said with a smile, "The current trend may be to maintain such an upward trend, which is actually not bad. It’s all good to go up.”

"The March futures contract has collected nearly 3 lots. Do you want to let them rest?" Zheng Xiaopang thought of Nasdaq futures again. The average price of nearly 2 lots is 2 points, which has already taken up a lot of space. Margin is up.

"Don't be afraid, you still have a billion or so in your hand, and you can take another 2 lots." Chen Fan said and looked at the Nasdaq futures. I was frightened by the crazy opening of positions in the sky, and I took tens of thousands of long orders, from 2 or 3 thousand long orders to more than 1.8 long orders now.

"Now the price is close to 2200, should we start to control it?" Zheng Xiaopang said a little worried, "If the interest rate is raised next year, the Nasdaq may not be able to move before March."

"Your idea is probably the overall idea in the market now, so the Nasdaq futures have not skyrocketed now, otherwise I think the Nasdaq March contract price has returned to at least 3 points." Chen Fan just answered Zheng Xiaopang with a smile worry.

Chen Fan thought about it, and then opened the chat tool to send a message to Ning Yongyou, "Continue to increase the position, as much as you have below 2300 points."

Zheng Xiaopang also saw the message from Chen Fan and said in surprise, "Are you really not afraid of the central bank raising interest rates?"

"I'm afraid, if it's really that scary, the rice stock would have been loose by now." Chen Fan said disdainfully, "Don't worry, I know how to measure."

Now the brightness of the Nasdaq index, where there is a possibility of diarrhea, has reached 2100 points, but the brightness of the Nasdaq index has not only not weakened, but seems to be increasing. It is obvious that there is a wave of skyrocketing market waiting for the beginning of the year.

But at this time, Chen Fan was secretly enjoying himself, he didn't dare to say too much, he still knew the truth that misfortune comes from the mouth, making a fortune in silence is the kingly way, as long as the operation follows the light, you can't miss it.

After more than half an hour of sideways trading in the range of 2118 to 2124, the Nasdaq index finally started to exert its strength again. Soon the Nasdaq broke through 2130 points. With the synchronization of trading volume Zooming in, the trend of the Nasdaq has become more and more stable. Although there were fluctuations in the intraday, the overall upward pattern has not changed. The Nasdaq has steadily rushed to around 2139 points and started another callback.

This time the pull-up speed was not fast, that is, it was faster when it rushed from 2120 to 2130 in the initial stage, and the subsequent trend fluctuated higher, but after more than half an hour, the Nasdaq also touched around 2140, maybe because today’s increase is a bit When it got bigger, the selling orders in the market began to increase significantly, and the market became weak and began to fall slowly.

But this kind of trend confirms that Zheng Xiaopang is very satisfied, as long as he keeps going higher and higher, it is much better than the market that went sideways to death after a wave two days ago, and only had a tail-up at the end of the market. At least it looks good.

"How much can it go up today? It seems that if it goes up repeatedly like this today, hehehe." Zheng Xiaopang will be chatting with Chen Fan in a happy mood, without the nervousness and worry before.

"I don't know, but there should be repetitions. You see, the trading volume is really good, but today it is moving a little fast, and it is easy to attract sell orders. In fact, an increase of [-] to [-] points per day is very good. There is no need to speed up." Chen Fan pouted and said, "The most important thing is to stabilize the funds in the market. After all, it is the end of the year. During this time period, a lot of funds in the United States have to be withdrawn, and the bargaining chips are relatively loose. It's not a good thing."

"Is that so, you mean there may be a correction in the market today, maybe it's a big one?" Zheng Xiaopang asked suddenly.

"The pullback should be to release those selling orders. As for whether there will be a sharp pullback, I don't know. The probability of an intraday adjustment is very high." Chen Fan's judgment on the market trend is entirely personal. Last Monday, the market fell below At 2000 points, Chen Fan was greatly impacted by Feng Yong’s selling orders. The rice stock market is too big. Who knows how much money needs to be returned at the end of the year. If there are tens of billions of such funds, then dare not imagine.

"Intraday adjustment? That's fine, as long as it's an intraday adjustment, it's good to go up every day, haha." Zheng Xiaopang was happy when he heard Chen Fan's analysis that it was possible to digest the selling order through an intraday adjustment stand up.

Last week's fall also stunned him. The stocks he sold were more terrifying than the rainstorm. Fortunately, there was no continuous flow of buying orders at the bottom, so there was no deep drop, but it just dropped a few percentage points, too. So scary.

"Hey, is it right by you, you crow's mouth." Just thinking about something good, I saw that the Nasdaq has fallen from 2139 to around 2130. It seems that the selling order has not diminished. A large number of stocks include Miruan and other large stocks. They are all in the range of raging selling orders. Obviously, there are funds not only because of profits, but because someone is selling tickets.

Chen Fan is also staring at the blue-chip stocks on the NASDAQ market at the moment. These companies are companies that have already dominated the market and can continuously generate profits. After being suppressed by a large number of selling orders, it is obviously not as simple as some institutions taking profits.

"It seems that there are still a lot of funds in the market that need to be transferred at the end of the year." Chen Fan shook his head and sighed to Zheng Xiaopang.

(End of this chapter)