legendary trader

Chapter 447 Chapter 448 A Taste of a Crash

The car that Chen Fan was riding in drove into the heavily guarded holiday village. Maybe outsiders couldn't see it, but Chen Fan still knew that there was a surveillance camera at the fork in the road, and he kept observing the traffic around here. They have also installed a lot of infrared monitoring equipment, just to ensure that no outsiders will disturb the villa.

Chen Fan got off the car and went upstairs. This time, he didn't go directly to the trading room. Instead, he stayed in the intelligence room next door for a while to learn about the current overseas situation. Of course, he mainly asked overseas about the "Y[-]K incident" in detail. To what extent has it evolved.

Chen Fan is a little worried that if there is no sour "millennium bug" in the overseas market and an atmosphere of panic cannot be formed, then today's operation needs to be considered.

But it's not bad. According to Zhang Quan's information, it seems that the current situation of overseas countries and Huaguo is similar, and their governments seem to have not taken any action, allowing various news to spread in the society.

Overseas newspapers, magazines, and TV stations are also fanning the flames crazily for profit. Although it cannot be said to deliberately create panic, there is indeed no scientific explanation from the media, and more is to use various credible and uncredible remarks on the Internet as their basis. The focus of the report now.

After listening to Zhang Quan's detailed introduction, Chen Fancai said, "According to your understanding, is there any panic about Y[-]K in foreign countries?"

"It should be only a small number of people. Most people like to read these reports, mainly for fun, and they don't take them seriously." Zhang Quan said after thinking about it, but he can't guess what foreigners think, just according to his own understanding Said.

"You should immediately contact the people who are overseas and ask them how they feel. I want to know the details before the opening of the market." Chen Fan said, this is what he thought of in the car, Zhang Quan has a way You should be able to get more information by contacting the overseas staff of Oak Tree and Tianqin.

Zhang Quan nodded, and immediately began to discuss with his subordinates, and arranged for a contact person. Chen Fan didn't intend to stay here any longer, so he turned around and went to the next door, his own trading room, after talking to Zhang Quan.

After coming to the trading room, I greeted everyone, sat in my seat and started to watch the pre-market briefing, and learned about the major events happening around the world during the next weekend and the information about the rice stock market.

In fact, there are not many major events in the world. There are rumors that another country is about to follow up on the interest rate hike in the United States. On the rice stock side, there are more announcements from individual stock companies, but many companies related to this "millennium bug" have not released Any announcement seems to be still considering how to deal with it, allowing the media to report from various perspectives.

"After the index futures market opened, the three major indexes are all falling." Zheng Xiaopang said while staring at the futures index trend chart on the computer screen after reading the briefing.

"This is a good sign. Today's decline in the rice stock market is beneficial to our operations." Chen Fan replied briefly, then turned to He Li and asked, "He Li, do you think the probability of success in today's market smashing is high?"

He Li put down the briefing in his hand, bowed his head and thought for a while before saying: "It should be possible, if Qualcomm's stock price is dropped today, there shouldn't be too many speculative funds daring to intervene.

According to the current wind direction, the entire rice stock market and even the global market are in a downward trend today. Today’s Shenzheng Index and other major Asia-Pacific indexes and important indexes on the Europa side are all in a sharp decline, and many of them were in a good mood last week. Unlimited high-tech companies have become hardest hit, and their stock prices have fallen sharply. "

Chen Fan nodded, turned his head to look at Zheng Xiaopang, and made an OK gesture.

"When the auction is called for a while, it's enough to lower Qualcomm's opening price for a few days, just drop by a few points. I need the stock price to plunge to kill investors' confidence in holding shares." Chen Fan said to He Li, "Today's The negative line needs to be longer to scare those people and make them hand over their stocks."

He Li didn't answer, just nodded to show that he understood.

It didn't take long for the rice stocks to enter the call auction stage. He Li placed a large number of selling orders below Qualcomm's opening price, firmly suppressing the stock price below 8.88 yuan, and also placed a few orders for the continued decline. Sell ​​orders, but the orders are not large, and at the same time, a large number of buying orders are placed at different prices below 8.8 yuan to support the opening price, and at the same time, several small buy orders are placed on 8.85 yuan as test orders. Although the probability of these buy orders being filled is still very high.

Now just wait a little longer, and the result will be known after the call auction is matched.

The hands of the clock on the wall kept spinning, and after a while, large swathes of red began to appear on the dark stock price column.
"8.86 yuan, more than 40 shares traded." After Qualcomm's opening price appeared, Zheng Xiaopang read it immediately.

"The trading volume has not increased significantly?" Chen Fan murmured while looking at the opening information of Qualcomm on the computer screen, and his heart began to waver. All the stock markets in Europa fell, but the rice stock market was not affected much.

But soon Chen Fan's worry was shattered by He Li's words.

"Does the funds in Qualcomm now think that we will enter the market to protect the market, so..." Although He Li didn't finish his sentence, Chen Fan also understood the meaning behind it.

"What's the situation with other stocks?" Chen Fan suddenly asked with a twitch in his heart.

"The stock prices of many hardware companies have fallen, General Machine has dropped by more than 3 points at the opening, Cisco has fallen by 2 points, and there are..." Zheng Xiaopang recounted all the treasures on the side.

After listening to Zheng Xiaopang's stock and opening prices for a while, Chen Fan waved his hand to signal Zheng Xiaopang not to continue reading.

Chen Fan already knows the current situation. In fact, rice stocks are still affected by the "millennium bug". Maybe it's just because Qualcomm's own funds have been active on the disk, so it gave some shareholders confidence that they want to They entered the market to protect the plate, so now, they are planning to wait and see.

However, Chen Fan still knew very well that he could get the news in advance, so what about other organizations?
There was a contemptuous smile on the corner of his mouth, a group of old foxes united to pretend to be cute and deceive ordinary investors.

The Nasdaq opened 22 points lower and opened at 2462.73 points. Most of the stocks falling in the market are high-tech listed companies, mainly involving software and hardware companies, banks, insurance and other financial institutions. The impact on most traditional industries is slightly less, at least today's Dow Jones The index is slightly green, and it is the only one among the three major indexes that has risen.

Now Chen Fan is a little hesitant, whether to sell it at the opening or wait a little longer, consume some buying orders on the top and then sell it down. Since the market's confidence in holding shares is relatively stable, shouldn't it be a little darker.

Seeing that the market was about to open, Chen Fan didn't have much time to think. Although he hesitated, he made a decision quickly.

"He Li, hit the bottom right at the opening, and the first target is 8 yuan." Chen Fan quickly said to He Li.

Chen Fan still chose to play it safe and not stay on the top for too long, and first destroy those people's illusions.

With the arrival of the trading time, He Li and the others immediately started to suppress Qualcomm's stock price. After the call auction was completed, they had already carried out the corresponding cancellation operation, withdrawing the big buy orders that had been placed before, and only kept a small amount A small buy order at a key price level.

After the opening of the market, Qualcomm's stock price quickly began to fall, 8.85 yuan, 8.82 yuan, 8.80 yuan
A large number of selling orders aimed at the buy orders below and frantically opened the selling mode. The stock price directly performed a high diving trend. In less than half a minute, Qualcomm's stock price had fallen below 8.7 yuan, and the market had almost no Before there was time to react, the buying below was swept away by the selling.

As Qualcomm's stock price fell sharply, the market began to respond. At first, a bunch of small buy orders entered the market, but they were quickly submerged in the crazy selling wave and disappeared without a trace.

When Qualcomm's share price fell below 8.7 yuan, the market had already started to see sporadic sell orders. When the market wiped out the first batch of speculative funds that entered the market to gain a rebound, other investors who saw the situation were not good began to join in the sell-off In the army, a large number of stocks were smashed into the market, which accelerated the crazy decline of Qualcomm's stock price. In almost just 2 minutes, Qualcomm rushed to the forefront of the decline list.

The frenzied trend severely hit the intraday sentiment. After Qualcomm's stock price fell below 8.6 yuan without resistance, the active buying in the market has almost disappeared.

Without the support of big buy orders below, the stock price began to show a trend of infinite empty drop, and Qualcomm's stock price soon approached 8.5 yuan.

Seeing that the market was so vulnerable, Chen Fan felt a sudden shock. If he really didn't have to buy it, it seemed that his own ideas would not be realized. He Li and the others acted a little too realistically.

But in fact, he didn't want to understand. Today, most of the investors have already been panicked by the "millennium bug". It is decided that if you don't see rabbits and don't spread eagles, and if you don't see the stock market rising, you will definitely not buy tickets today.

In fact, even if Chen Fan doesn't order to suppress Qualcomm's stock price today, he just needs to stand by and watch. After a little consolidation, Qualcomm's stock price will not be able to withstand the decline. At this time, Chen Fan not only ordered the suppression, but also set the target price very low. , It directly smashed Qualcomm's handicap.

Seeing that the stock price was approaching 8.5 yuan, and there was no price difference of a few cents, Chen Fan hurriedly said to He Li: "Build a defense line below 8.5, I need to attract buyers to enter the market."

He Li just turned his head and glanced at Chen Fan, without saying anything, he started to make up the order below.

Soon starting from 8.48 yuan, thousands of tens of thousands of buy orders began to appear on the purchase price, but this buying order did not seem to have much support for the stock price, and soon Qualcomm's stock price was smashed to 8.42 meters Yuan.

Seeing that the stock price could not stop the collapse, Chen Fan directly placed a buy order for 8.4 shares on the 20 million yuan, but this order was quickly eaten up by the frantic sell orders.

Seeing that his buy orders were decreasing rapidly, Chen Fan once again placed 20 shares here, followed by the third order.
After Chen Fan put out the fourth buy order and entered the market, it seemed that the active selling orders in the market began to decrease.

"The market is bouncing back."

Just as Chen Fan breathed a sigh of relief, Zheng Xiaopang's voice reached his ears.

Only then did Chen Fan look at the Nasdaq index chart. At this time, the Nasdaq index also fell rapidly to around 2404 points after the opening of the market, and then began to show signs of stabilization, and then launched a rebound, a retaliatory rebound.

It has only been a few minutes since the opening of the market, and the Nasdaq has fallen by as much as 80 points today. The market can no longer bear such a crazy drop. Many institutions that have begun to like to see it are already sitting on pins and needles, and they have begun to protect their own stocks.

Even the Dow Jones Index has now followed the Nasdaq and the S&P Index in a diving trend, falling directly to more than 2 points.

The entire rice stock market is filled with a strong smell of black bears, as if the sky is falling.

Fortunately, at this moment, the Nasdaq launched a jedi counterattack, and a large number of stocks with performance support began to rebound rapidly. The index suddenly jumped up from 2408 points, and now it is approaching 2420 points. Yes, it seems to have enough stamina.

It was at this time that the selling orders on Qualcomm's disk began to decrease significantly, and short-term funds began to enter the market to buy stocks to gain a supplementary increase in Qualcomm's stock price.

With less selling and more buying, Qualcomm's shares started to rebound.

After a little calculation in Chen Fan's mind, he said to He Li: "After the stock price rebounds to 8 yuan, don't move. If it can reach 5 yuan, we will start smashing it."

Watching Qualcomm's stock price fluctuate and start to rise driven by scattered buying, Chen Fan doesn't know how strong this spontaneous rebound momentum is, so he plans to wait and see.

When Qualcomm's stock price reached 8.5 million yuan, Chen Fan knew that it would be difficult to continue to rise.

8.5 yuan has become a watershed, and a large number of selling orders are piled up at various prices above 8.5 yuan. Obviously, this has also become a position where many funds choose to leave the market. Therefore, after the stock price fell below 8.5 yuan, A large number of active selling orders were reduced, but they chose to hang here and wait for the market to rebound.

At this time, Chen Fan had a headache and needed to deal with some chips as soon as possible. After all, today he will continue to sell the stock price. It is not because he is worried that these stocks will be smashed in his hands, but because he can buy them. Why stay here if you want to buy lower-priced stocks.

"Small order for shipment, sell some of the stocks received today. Let me see, I bought more than 50 shares today, and I'm a bit of a loser." Chen Fan said to He Li.

"Okay, small order to sell." He Li agreed and began to sell small sell orders to the market to sell the increased chips.

There was no one on Qualcomm's side to watch, and Chen Fan turned his attention to the trend of the Nasdaq. At this moment, the Nasdaq has rebounded to 2426 points. The increase in volume is ideal, and it seems that the rebound can continue.

(End of this chapter)