legendary trader

Chapter 750 751 Exploration?

The rice stock market after the New Year is actually very different from the market in the second half of last year.

The driving force for the previous market rise was actually mainly from the continuous rise of large-scale stocks in the market, especially blue-chip stocks with good performance, which were the result of long-term funds entering the market to increase positions.

However, in the market after the New Year, short-term hot money is very active, and it seems that other market funds cross the market to enter the rice stock market to speculate in new stocks, because the trading of this type of stocks is very aggressive, and they often pull up suddenly after a low sideways market. From then on, there was a heavy-volume upward trend for several consecutive days until the stock price peaked.

This kind of market has led to fierce competition on the daily price increase list. It seems that the market is thriving and prosperous. Chen Fan doesn't know what others think, but because he can see more things that others don't know, he understands from this. The most important thing is that this is the last prosperity, and the main force of the market may be taking advantage of this market to ship goods quietly, although until now he has not seen how the other party made a move.

The gap, this is the gap.

Chen Fan could only sigh in his heart, and at the same time stared wide-eyed carefully looking for clues in the market.

However, the market at this moment does not have time for Chen Fan to feel emotional. After the Nasdaq bottomed out at 4803 points, the index's upward trend was out of control. Rising, hitting new highs in a row.

Although there were also a large number of sell orders in the market, in Chen Fan's eyes, it was more like some market profit taking. At least he didn't have the slightest feeling that this was the main force of the market selling.

The rise of the Nasdaq continued until the close, and finally the Nasdaq closed at the highest point, 4914.79 points, which is the closing point of the market today, and completed this week's trading with an absolute record high.

The market has closed, but Chen Fan and the traders below are not idle, and they all start their own closing work.

Chen Fan already knew through the account management system that in addition to holding more than 5 million Qualcomm shares in his investment portfolio, there are only more than 3 million Oracle software stocks left.

He is not worried about the 3200 million shares of Oracle Software. The sky will fall and there will be a tall man to support it, but Qualcomm will not be able to do it.

The way of selling Qualcomm stock options to stock exchanges around the world to reduce stock holdings has been rejected by Xu Jing. Although the market is open and fair, the analysis team over there came to a conclusion after research. If you want to ship quietly, you will only be caught and followed by clues through options.

No matter how many layers of skin you put on, as long as you want to reduce your stock holdings or transfer the risk of holding stocks through option trading, you must go through the hands of a brokerage, and you must contact the other party, and the other party will design and package the product according to your requirements. But Chen Fan didn't want the outside world to notice them, so he had high requirements for confidentiality. Under the current market conditions, Chen Fan didn't believe that those brokerages would strictly enforce industry ethics to keep them confidential.

Then it can only be dealt with by shorting the Nasdaq futures market after the market peaks. Chen Fan no longer believes that he can get out of it when the market peaks, and can only save profits to the maximum extent.

However, Chen Fan did not feel discouraged. In his opinion, this is also a learning opportunity. Later, when operating Maojian Wine, I believe he will encounter similar situations. With his current experience, Chen Fan feels that maybe he is operating Winery stocks will do better.

It can only be said that Chen Fan’s investment in the stock market was really small at that time, so it was very convenient to enter and exit. Being a Zhuang Gaotong was actually his first attempt, which made him know that being a Zhuang is actually very risky.

Before, I just thought it was funny to talk about risk. What kind of risk can a banker have? As long as the capital chain is continuous, there is basically no risk. But now, Chen Fan knows that the risk of the banker is not only in the safety of the capital chain, but also in the market.

It is definitely not the dealer's dream to speculate in stocks and become shareholders.

Qualcomm closed at 65.94 yuan, a slight drop of a few cents, while Oracle Software completely followed the market's ups and downs. After the Nasdaq began to rise strongly, Oracle Software's stock price trend also strengthened. By the time of the close, it had stood at 37.5 yuan , up 9.49%.

In the past few days, Qualcomm's trend has been rising rapidly and falling slowly. Although the stock price has risen sharply, Chen Fan always feels that the dealer of this stock seems to be selling.

At the end of a week of trading, Chen Fan slept in the resort and woke up. After a simple meal, he went home to accompany his parents and daughter-in-law. Because he couldn’t go on vacation due to work, Chen Fan still felt ashamed, so he felt guilty. He stays at home all the time, and helps Liu Ying with some company affairs by the way.

After spending a relaxing week, Chen Fan felt fulfilled. His family members came back, and he finally felt like home.

After dinner on Monday, Chen Fan went out to the resort, as long as he arrived before 9 o'clock. In fact, Chen Fan really wanted to be lazy, but thinking that the Nasdaq might see a high point this weekend or early next week, So cheer up.

It's the last moment, and it's not the time to lose the chain.

However, the trend at the beginning of this week is not much different from that of the previous period, and there is no expected trend of catching up to the top. In the intraday, small and medium-cap stocks and new stock sectors are still active. If you are interested, whether it is Misoft or Cisco, which is still tested by the market, the trend has not been very good recently.

After two consecutive days of adjustments, the Nasdaq closed at 4847.84 points on Tuesday, failing to hold the 4900 mark. Qualcomm closed at 64 yuan and continued to test the low point on the right side of the double-arc bottom, while Oracle closed at 37.47 The rice dollar maintained a high level and a strong sideways trade, as if it was waiting for the end of the market adjustment.

On Wednesday, the market continued to open higher, opening 73 points higher at 4920.86 points. With the start of market trading, the Nasdaq did not go out of the end adjustment that Chen Fan expected and went up sharply. Diving Quotes.

The Nasdaq turned around after fluctuating slightly near the opening point, quickly broke through 4900 points, and then quickly approached the closing point of the previous trading day.

In a short period of time, the market has formed a large-scale general decline trend, because the market has just opened and the hype of hot money has not yet started, and the market has fallen into a state of no hot spots for the time being, resulting in a rapid market decline.

Recently, hot money participating in market hype rarely enters the market at the opening of the market. Most of them participate after the market stabilizes. In fact, this also shows that hot money is hesitant to market trends. After all, the point is a bit high. Only when the market is not hindered will it enter the market in a large scale.

The diving trend lasted until the Nasdaq fell to 4850 points before stabilizing. After a period of sideways trading based on the closing point of the previous trading day, as some new stocks became active again, market sentiment recovered slightly. But at this time, the market Many vane stocks such as Miruan, Cisco, Yahu and other stocks have been suppressed by a large number of selling orders, and even Qualcomm's disk has also seen selling orders of unknown origin.

The vane stocks were sold off, and the index fell again shortly after it stabilized. The hype of the hot sectors that had just started to improve in the market was hit hard, and the sentiment that had just recovered in the market collapsed again.

Although the Nasdaq did not fall as fast as the previous dive, the momentum of the index's decline is still very strong.

"Deliberately suppress it."

Chen Fan was a little worried after encountering several big sales orders on the Qualcomm board. Now he is most afraid of big sales orders in the market. The effect is too terrifying and he dare not think about it.

Fortunately, this suppression came and went quickly. When the market confirmed that it had entered a downward trend again, these large orders suppressed the market and disappeared immediately.

"It's not a shipment, it should be forced to wash the dishes."

Zheng Xiaopang smacked his lips and said, this time the suppression of Oracle software was also attacked by several big sales orders, and the purchase order of 38 meters was directly knocked out.

Originally, Oracle opened higher than 38 meters today. Zheng Xiaopang was a little excited. He felt that it had been adjusted below 38 meters for many days. Ah, the closing price pushed up to 39 yuan, but I didn't expect that the goddamn short sellers directly burst out the accumulated buy orders of 38 yuan with a large order.

However, the purpose of deliberately suppressing the market this time is really serious, so Zheng Xiaopang is not very worried, that is, one more day to adjust the matter below, it has been waiting for several months, what is the use of a day or two now sad.

After a period of decline, as the Nasdaq approached the 4800-point mark, the market’s support gradually began to gather. When the Nasdaq fell to around 4807 points, the market spontaneously formed a rebound trend. These mid- and low-cap stocks should be able to see that the main funds in the market want to suppress the market here, but their operation plan is not willing to be affected by this, so they spontaneously began to protect the market after the market fell to around 4800 points.

However, the recovery of the Nasdaq was not smooth. After several repetitions, it returned to around 4820 points. The main force of the market repeated its tricks again and put a lot of selling pressure on the index stocks in the market. A large number of stocks fell rapidly under the influence of huge sell orders. The market The trend that had just improved was destroyed again.

The decline this time was a bit violent. With a large number of unidentified small investors panicking out, the Nasdaq quickly fell below 4800 points.

Within two hours of opening, the Nasdaq fell from 4920 points to below 4800 points, plummeting more than 100 points, scaring many small and medium investors. Don’t forget, the market is at a high level.

Even if this is not the top, it will be very painful if it is put on for two months.

They don't know the difference between the dealer's deliberate suppression and shipment. They know whether these sales orders are shipped by a large organization. In fact, even Chen Fan and Zheng Xiaopang are guessing, but they can't be sure that the suppression does not mean that there is no shipment. .

This market drop was accompanied by the emergence of a large number of small and medium-sized sell orders. The Nasdaq failed to stabilize after falling below 4800 points and continued to decline. It means that the market has proven that the top is about to fall sharply.

When the index fell below 4750 points, a greater panic began.

Many new stocks and sub-new stocks still had hot money to protect the market before, so although the stock price did not rise, the decline was not much, but at this time, the hot money seemed to be a little uncertain about the pulse of the main force, and invested in the protection of the market The reduction in funds directly led to a large-scale correction of the hot spots in the previous few days, showing signs of cooling.

Fortunately, the panic in the market didn't last too long. In fact, Zheng Xiaopang was already a little shaken at this time.

Before, I had 100% believed in Chen Fan's judgment, thinking that the market was going to be even higher, and it was possible to see 5000 points, but the index fell by more than 3 points in 150 hours, which was too frightening.

After the Nasdaq fell to around 4723 points, the index finally began to stabilize again. This time, the stocks leading the rebound were replaced by the index stocks that had just encountered market suppression.

This time, Chen Fan really noticed that when the Oracle software airborne the first batch of bills in the market, the shadow of such bills appeared on the disk.

The continuous buying orders swept up the selling orders below 38 yuan, and after the sweeping, the heavy volume began to rise without looking back, and the stock price quickly rose.

The same is true for most other stocks. A large number of buy orders suddenly appeared and came to the market without warning. The selling orders listed in the market were quickly swept away. The stock price began to rebound sharply, driving the index to stabilize and rise.

At this time, other institutions in the market also understood that the main players in the market were those small retail investors. Now that a group of those people have been washed out, it is possible that the purpose has been achieved, so they want to pull the market back.

Gradually, stocks such as Zhuanggu and new stocks became active again, and they started to rebound one after another. Market sentiment was re-gathered driven by the rise of a large number of popular stocks.

At this time, Chen Fan and Zheng Xiaopang both frowned and looked at the trend of Oracle software. In a few minutes, Oracle's stock price rushed back from around 37.5 yuan to today's opening price of 38.69 yuan. Several times the stock price fell by more than 1 yuan The money was pulled back in a few minutes, and the reversal was too fast.

Looking at Oracle's stock price, and then looking at Qualcomm's stock price, it is still fluctuating around 62.6 yuan. Chen Fan suddenly had a strange idea in his heart. The main market forces are probably testing the funds in the market, right?
At this time, the funds in the market are actually very subtle. There are both bullish funds and funds that are suspicious of the market. There are funds in and out. Funds may be killed along with the trend, and if the funds are still bullish, they will naturally try to save themselves.

"Pull up Qualcomm, it will rise today."

Thinking of this, Chen Fan hurriedly said to He Li, he didn't say much about the reason, as long as he gave the order.

"How much?"

At this time, He Li couldn't make a choice on his own. If he pulled it higher, it would easily destroy the current graphics. If he pulled it too low, he was afraid that Chen Fan's intention would not be achieved, so he rarely asked.

"It's around 65 yuan, let's make it here first."

Chen Fan didn't think too much, and said directly.

65 yuan is exactly the middle of the closing price of the previous two days. If the stock price is closed here today, it seems that it should be able to cover up the past.

After receiving Chen Fan's reply, He Li naturally knew what to do. Immediately, Qualcomm's buying orders began to increase, and the stock price began to rebound.
(End of this chapter)