legendary trader

Chapter 372 Chapter 373 Continue to Lighten Up
"According to my analysis, the trend of rice stocks seems to be still in shock. In fact, it is similar to the market in the second half of last year. The upward trend should not have really started yet." Chen Fan chatted with them for a while and brought the topic up. When I came back, I briefly analyzed my views on the market outlook of rice stocks.

After listening to Chen Fan's words, Second Brother Wang rubbed his temples for a long time before asking, "It means that your opinion is actually completely opposite to those people's judgments. Do you think the main rise in the market may be in the second half of the year?"

Seeing Chen Fan nodding his head, he said again: "Will you continue the market in the first half of the year? Will it fluctuate above 2000 for the next few months?"

"As I said before, I haven't figured out which month the main Shenglang will be launched, but now it's just a shock when the market starts. I feel that starting from March to April at the latest, the rice stock market should enter a period of time. The rising cycle, how long this cycle will last, and how big the increase will be, it’s hard to say, it depends on the amount of new funds in the market at that time to confirm.” Chen Fan also talked eloquently, although he can’t see it now What is the main idea of ​​the rice stocks, but to make money, you must choose a direction, whether it is up or down, you must have a direction.

In terms of relative space, take the Nasdaq as an example. The Nasdaq is currently at 2000 points, and the upward space is unlimited. As long as the funds are sufficient, it is not impossible for the Nasdaq to push tens of thousands of points. After all, the myth of network technology is still fermenting, and no one can I don't know how to value these stocks. America Online and Netscape are lessons from the past.

And if it goes down, push the index to 0 at the top of the sky, and there is only room for 2000 points.

It is clear at a glance which is better and which is worse. Of course, there is a lot of room for upward development and more profitable profits.

"Is it still shipping today? How much do you plan to pay?" Xu Jing also interjected at this moment.

Chen Fan thought for a while before saying: "The stocks on the upside trading day have already lost [-]% of their positions, and we will continue to sell them today. If there is no accident, it will still be [-]% and not too much. It is better to keep [-]% of the position."

"As for the futures index, it's almost enough to sell half of it." Chen Fan simply said again the position he had repeatedly considered a few days ago. Regarding the change of the position, Chen Fan thought about it for a long time and made many revisions during the period. The data stated now are just the last thoughts, and may change again at any time during intraday trading today.

When he was talking about this, Zheng Xiaopang also interjected: "The futures index team has placed more than 19 orders, and there are about [-] more orders."

"Then let's just ignore it and let them keep going." Chen Fan said nonchalantly.

"That's fine, let's feel at ease knowing this. After a while, Xiaojing will arrange the trader's affairs and send out all the red envelopes. Let's leave later." Second Brother Wang also stood up with a smile at this time and said to Xu Jing .

"Come out for dinner this weekend." Zhu Qiye said to Chen Fan with a smile when sending the three of them away.

Chen Fan nodded with a smile: "Okay, Brother Seven, I've been coveting those ingredients for a long time."

After sitting for less than 2 minutes, the three major indexes of the rice stock market also showed the opening point.

The Nasdaq still opened higher, opening at 2522.38 points, 17 points higher. The Dow and the S&P also opened slightly higher. After all, these two major indexes are already approaching their highs, and they are not as strong as the Nasdaq market. The main control panel.

In fact, Chen Fan thought of it before, don't look at what Migu said, but now the main force in the field is likely to put the main funds in the Nasdaq market, and use more of the other two markets. Index stocks and popular stocks are used to control the index. There should be no funds in this world that can truly control the US stock market. Even if large institutions in the US act collectively, it is estimated that the amount of funds will not meet this condition.

Seeing this opening point, Chen Fan felt a sudden rush in his heart for no reason. He hastily looked at the Nasdaq trend chart with his left hand on his forehead, and observed carefully. The brightness is almost invisible now, so it is estimated that the opening will be just like this. It's about to start reverberating.

Chen Fan secretly sighed in his heart, finally reached the top.

After thinking about it, I looked directly at the Nasdaq futures. The March contract is now below 3. It seems that the bulls in the futures index market have already made up their minds to push the Nasdaq futures to 2690 points in one go.

At this time, there was no time for Chen Fan to hesitate. He directly picked up the intercom and pressed the button of the futures trading group, "Increase the number of positions to be closed, and close as many long positions as possible."

After giving the order, Chen Fan put down the microphone and continued to stare at the trend of the Nasdaq's March contract. At this time, the number of closing orders in the transaction details suddenly increased. Make a big deal.

The futures trading team here is quickly closing the long orders in their hands, while the stock trading team has no new orders. The traders below are all discussing in low voices whether they will continue to reduce their positions today.

In their careers, usually as long as they start to lighten their positions, they will generally continue to execute, but until now they have not heard the team leader say what the task is today, so they are all whispering, and from time to time to the team leader Have a look.

At this time, the small speaker on the team leader's side suddenly heard a "click" sound, and then Chen Fan's voice appeared on the speaker.

"Today's task is the same as the day before yesterday. The chips in my hand will be sold out, and the number will remain the same."

Afterwards, the small speakers became silent, but the traders in the trading room understood what Chen Fan meant, and continued to ship according to last Friday's shipments, only keeping [-]% of the positions.

Everyone stopped communicating, but began to prepare for the issuance of tickets after the stock market opened. In fact, there was nothing to prepare for, because everyone predicted it at the beginning, but they were not sure whether Chen Fan deliberately gave the trading order 1 minute before the opening or anything else.

Soon, rice stocks entered the free trading period, and a large number of buying and selling orders rushed into the market. Large and large trading orders were completed under the matching of computers, and the traders in the exchange were as usual. In the trading floor, he shouted and gestured, he was busy, nothing changed, it was the same as usual.

The Nasdaq experienced a short-term surge after the opening. Within 2 minutes, the Nasdaq rushed to 2533.44 points. With more and more selling orders, the Nasdaq started to pull back after the surge. A few minutes later It returned to around the opening point again, and began to fluctuate up and down around today's opening point, but the trading volume did not shrink significantly.

Today is the first trading day of the second month of the new year. Everything seems so ordinary. Investors in the market execute their buying and selling orders according to their own trading strategies.

For the U.S. stock market, which has been rising for a month, although the rice stock market has frightening shocks from time to time this month, but looking back at the entire month's transactions at the end of the month, there is still a clear bottom on the K-line chart. Trend, the atmosphere of the market rise is very strong.

According to the stock market charts of previous years, the market in the first half of the year is generally worth looking forward to. Although there seems to be some changes this year, but considering that so many investment institutions have to rely on the market's spring offensive to complete most of the annual performance indicators, so there is no People will worry about the current market, at least in the short term, there will be no investment risks in the market.

At this time, the market is flooded with a large number of selling orders and buying orders. Some people are selling stocks generously. In the future, the trading volume of the market will be very active, and a large number of stocks will change hands silently.

The computer screens in front of the rice stock investors all over the world at this moment clearly show the huge trading volume of the stock market. The time-sharing trading volume column has already exceeded the opening auction volume column, although such a situation is rare , But considering that the rice stocks are now challenging to record highs, with huge trading volume and a large number of hand changes, it is not a bad thing in the eyes of most investors.

Although it seems from the trend chart that many stocks are sold, the transaction cannot be determined by selling orders. There must be the same buying orders entering the market, that is, the power of both buyers and sellers is actually huge. People sell stocks because they are not optimistic, but more people buy stocks because they are optimistic, the trading volume is enlarged, and a large number of hands are changed, so everyone's cost is actually high, and the profit margin in the stock market will be wiped out .

Similar to the previous trading day, Chen Fan was bored looking at the constantly refreshed transaction data in the background. Every new transaction record represented a reduction of a bunch of stocks in his hand, and an increase of available funds at the same time.

But at this time, Chen Fan didn't have any good targets to choose, so he just casually looked at the market prices of popular stocks such as rice stocks, bragging with Zheng Xiaopang without saying a word to pass the time.

Active market trading is a good thing for them now, and it can also partially confirm Chen Fan's judgment on the market. Huge trading volume can cover up many things.

Of course, before the market falls, this can only be evidence and not strong evidence. After all, the market has the final say on everything in the market.

The Nasdaq’s volatility around the opening point did not last long. As the selling orders were continuously sold out, the buying orders gradually became overwhelmed. The market began to fall slowly, which seemed to be a replica of the previous trend. It's time to fill in the gap.

As the stock market continues to decline, the selling seems to have begun to decrease a little. Although the buying has not increased, the Nasdaq has gradually stabilized when it fell to around 2516 points. A small upward trend.

Sitting in front of the computer for several hours, Chen Fan of course did not pay attention to the volatile trend of rice stocks. Although rice stocks repeatedly fluctuated in the area between 2510 points and 2530 points, although they were supported by huge trading volume, they did not show much growth. The desire to attack, but as the huge trading volume continued, the bullish sentiment that was ignited in the market in the last trading day gradually dissipated.

Some sensitive traders have noticed this bad signal in the market. The huge trading volume and stagflation above 2500 points are not a good phenomenon in any way.

It has been a long time since the market opened, and the selling orders in the market seem to be endless, and the attacks organized by the bulls in the market have failed under the pressure of these selling orders.

Undoubtedly, after these market characteristics were discovered, the number of people who chose to stay on the sidelines also began to increase. The painful market wash during the stock market rise last month came to the minds of these people. Fall again in the same pit.

As the long-term strength of the rice stock market weakened, the support around 2510 points of the Nasdaq began to loosen. Under the continuous bombardment of selling orders, it was forced to step down again and began to move closer to the integer mark of 2500 points.

At this time, the stock trading group 2 was the first to send a message that the transaction was completed. They had completed the order to reduce the position given by Chen Fan. Soon after, group 1 also sent the same message.

At this time, the latest point of the Nasdaq is 2503 points.

The traders in Group 1 and Group 2 began to operate on the positions that they could trade freely after completing the lightening order, and most of the traders had smelled bad signals from the market at this time.

In the previous adjustments of rice stocks, although they have carried out corresponding actions to increase or decrease positions, they have not received any orders from Chen Fan to conduct transactions. Obviously, this time the bearish market seems to be the big boss of their actions. Yes, it has been lightening up for two consecutive days, and the meaning is self-evident.

Almost all of them cleared their trading positions. Of course, a few of them chose to keep some stocks properly because they were optimistic about certain stocks, and did not sell all the stocks in their hands.

For these reserved stocks, Chen Fan conducted a serious analysis after discovering them, and found that most of the stocks reserved by traders were technology development companies, it should be said that they were all authentic high-tech companies, and Chen Fan's heart Choose to be very close.

However, regarding the upcoming adjustment of the market, Chen Fan is a little too lazy to adjust his positions on a large scale at this time.

The last Netscape incident sounded a wake-up call for him. In his work plan, he will screen the stocks in the stock pool every month in the future, and remove all stocks with small gains, so as to make up for the future. Stocks that have risen even more can no longer be like last time, just ignore them after the selection is over, and only realize that something is wrong when the bad news comes out, and rush to escape.

But thinking that the Lunar New Year is coming soon, it seems that the lazy cancer has broken out again.

"Let's adjust it after a year, and I can't see anything now."

Chen Fan could only tell himself in his heart that he must finish this homework by the end of February and screen all the stocks again.

At this time, only the futures trading team is still busy, constantly closing long positions. At this time, with the weakening of the rice stock market, the Nasdaq futures have no strength at all to hit 2700 points, and have already begun to fall sharply.
(End of this chapter)