legendary trader

Chapter 771 and 772 diving can't be finished

Miruan's stock price began to decline, and soon fell below today's opening price.

I don't know if it is the reason for the weakening of Miruan's stock price. By this time, the sentiment in the market is also very low. After consolidating above 5 points for a period of time, the Nasdaq fell below the integer mark again and began to test again.

At this time, the stock price of Oracle Software, which was still trading sideways above the opening price, also began to decline, because Zheng Xiaopang began to increase selling efforts. Although not many stocks were sold, there were few buy orders below. , I can't care too much.

However, Qualcomm's stock price has not risen sharply, so far it has only risen slightly, and the stock price is stable at around 74 yuan. According to He Li, there is no opportunity to increase it.

At the opening of the market, the market rose slightly and rushed to thousands of points, but Qualcomm was still fluctuating at a low level at that time. After the bottom shock was completed, the index was trading sideways at a high level. It was really not the time to raise the stock price.

Sometimes, if you miss it, it's hard to wait.

Now the market has started to move down, the index has fallen slightly, and the market sentiment has not gathered. The hot money that kept the market active before has not made a big move so far. The entire market is very low in both trading and individual stocks.

The market transactions are still going on, but there is no active hot money, Chen Fan feels a little panicked for no reason.

Chen Fan will not admit that he is jealous. Those funds made money in the market before, and now they need them to maintain the market at a critical moment.

Fortunately, most investors in the market do not seem to realize that the danger is approaching, and they still have a firm heart to hold shares. Although the Nasdaq has pulled back, the range is very limited, and it is not far away from the 5-point mark.

After observing for a while, Chen Fan gave up hope on the market. Although some popular stocks became active again, Chen Fan could still tell that the main force of large-scale hot money didn't seem to make a move. They were still waiting and watching. Perhaps it was Greens's. Words irritate them.

"When the market rebounds, the stock price will be raised. I want to see how the market is following suit."

Chen Fan whispered to He Li that if the market doesn't rise, he can only forcefully pull up the stock price. It seems that it will save effort if it starts when the index rebounds.

Of course, this is just Chen Fan's idea, the final decision rests with He Li.

"Oracle bone inscriptions are not easy to come out today."

Chen Fan flipped through the information in the stock market casually, at this time Zheng Xiaopang whispered to him.

"Understand, try your best."

Chen Fan smiled wryly, "Who knows that there will be bad news on the weekend, and so will Greens. It's okay to talk about the overheating of the US economy."

"We're not bad, the most stupid thing is the funds that entered the market last weekend, hehe."

Zheng Xiaopang's heart is not small, so he can still laugh at this moment.

"Now the more than 9 million shares in my hand will continue to be sold, and the selling price limit will be cancelled."

Chen Fan stood up after speaking, "I'll go to the futures team to check, they are going to open positions with all their strength."

"I don't think the market can be saved. As long as the Fed starts raising interest rates, the market will be completely over."

Zheng Xiaopang nodded and said.

In today’s pre-market briefing, there is an analysis report on Greens’ remarks, as well as an analysis of the US economy, so until now, most of the people in the trading room have agreed that the US may start a rate hike mode to deal with economic overheating. .

However, regarding the rumors of Miruan's lawsuit, there was no mention in the pre-market briefing. After all, although this rumor has already started to spread, its credibility is not very high.

Trading was not active throughout Monday, and there were obvious signs of hot money flowing out. Finally, the Nasdaq closed at 4958.56 points, a slight drop of 5 points to end the day's trading.

The stock price of Oracle Software was consolidating above 44 yuan. Zheng Xiaopang’s trading was not smooth all day, and he only sold about 2 million shares. He still has more than 8 million shares. It seems that It was impossible for Chen Fan to complete his plan to clear the warehouse on Tuesday.

Finally, Oracle closed at 44.22 yuan, up 0.72 yuan, or 1.66%.

Qualcomm's stock price closed at 74.47 yuan, up 1.47 yuan, or 2.01%. It is worth mentioning that when it rushed higher, He Li tested the intraday high to 78 yuan. light.

Although there are not as many follow suits today, it is still quite a lot. At least Chen Fan is still satisfied, and he has sold almost 2 million shares. However, facing the remaining 3 million shares in his hand, Chen Fan is also At a loss.

Now Chen Fan can only guarantee that Oracle can complete the position reduction operation at a high level, and Qualcomm will definitely not be able to complete it, and in the end it can only be killed.

The plan of the futures group to short the Nasdaq near 5 points and short the Dow near 1 points has gone very smoothly, and it is now the main contract. A little impact, but the general trend is still bullish, so the opening of short positions is relatively smooth.

This situation also reassures Chen Fan that even if the stocks cannot be shipped at a high level, as long as the futures contract is guaranteed, the current book profit will not escape.

"What's wrong with Miruan today? You've been watching since the market opened today."

After the market closed, Zheng Xiaopang asked Chen Fan curiously.

"Look at the board, what do you think will happen?"

Chen Fan smiled, but didn't tell Zheng Xiaopang what he knew.

"Miruan's annual report hasn't come out, so it's probably not good. Today's opening is so low, maybe"

Zheng Xiaopang answered casually, but after saying a few words, he saw the playful look on Chen Fan's face, and immediately shut up, knowing that Chen Fan might know more information that he didn't, so he stared straight at him. Let him watch.

Chen Fan didn't want to tease Zheng Xiaopang, what's the point of that, so he told Zhang Quan about the information he got.

"Why didn't you go to the briefing with this rumor?"

Zheng Xiaopang said with a frown, apparently dissatisfied with Zhang Quan's omission of such important information.

"That's what I mean, worrying about affecting them."

Chen Fan said, "I also explained to you just now that if the judgment comes out next month and the Miruan company is ruled to be a monopoly, the impact on the market can be imagined, and the follow-up will be even more terrible. Hehe, the Americans really know how to play."

"Has the rumor been confirmed?"

Zheng Xiaopang asked.

"I think the possibility is very low. The law in the United States has clear requirements for this. I believe it is not that stupid to leak such information, so it is probably fake news released by competitors."

Chen Fan laughed.

"If you are convicted in the end, Huaguo will probably conduct an anti-monopoly investigation like the European Union, and you will be convicted and fined in the end."

A smile appeared on Zheng Xiaopang's face. He must have figured it out. There is still plenty of time. When the verdict is made public, he probably has already polished the Oracle stock.

"One piece of false news caused Miruan to drop by more than 6 points, haha"

In the next few days, the rice stock market began to bottom out endlessly. On Tuesday, the Nasdaq closed at 4833.89 points, down 2.51%; on Wednesday, it closed at 4644.67 points, down 3.91%; on Thursday, the Nasdaq continued to decline, falling 4.02%. It closed at 4457.89 points, and the intraday low hit 4355 points, breaking the low point of the previous two market corrections.

By this time, rice stocks, especially the Nasdaq market, had become turbulent, and the market finally began to feel that the trend was a little bit bad.

And the trend of these three days did not deviate from Chen Fan's expectations. He also thought that the market might have a rapid drop, although this drop seemed a bit fast, directly dropping ten points.

Chen Fan has studied the peaking trend of rice stocks before, so it is not too strange, but he is a little uncertain whether the follow-up trend will continue to drop and then start a rebound or sideways.

On Tuesday and Wednesday, Qualcomm’s share price ignored the market’s decline and continued to rise. On Wednesday, it touched 81 yuan in intraday trading, and finally fell back to close at 78.75 yuan. However, the situation changed on Thursday.

The Nasdaq index fell at the opening two days ago, and there was no decent rebound trend in the intraday market. However, after the market opened on Thursday, it may have fallen for two consecutive days. Funds began to enter the market to rebound, so the market rose after the market opened. At one time, it rose by more than [-] points.

However, with the emergence of selling, the index finally ended the rebound and began to fall back. At this time, Qualcomm's share price also ushered in a large number of selling orders near 79 yuan.

Chen Fan can still guess the source of the order. It is probably the institution. Maybe the other party thought of going with him.

Chen Fan could only sneer in his heart. Seeing that there was a large sell order coming out of the market, he immediately stopped and continued to rise and began to turn into a downward trend.

On Tuesday and Wednesday, Zheng Xiaopang has been selling the shares of Oracle Software, and the market maker is also maintaining the stock price, so by Wednesday, the closing price of Oracle Software was still 41.25 yuan. Although it fell back, the retracement did not not deep.

The trading volume in the past two days also began to shrink, so Zheng Xiaopang worked very hard, but he only sold 3 million shares, and he still had 5 million shares in his hands.

When Chen Fan saw that Qualcomm's stock price was approaching 80 yuan, and the other party finally started to ship, he knew that the other party should think that he would take action to maintain the stock price so that they could leave the market.

The market fell sharply on Tuesday and Wednesday, and the number of stocks that can maintain an upward trend in such a falling market has also decreased significantly. Therefore, in the past two days, Qualcomm’s intraday buying orders have actually been limited. .

On Thursday, when the other party started shipping, Chen Fan would of course suppress the stock price and leave the market ahead of his opponent to protect the market. That doesn't exist.

As a result, Qualcomm's stock price fell sharply in the war between the two groups of people scrambling to pay, closing a big negative line, and was directly smashed to 72.62 yuan to close, a sharp drop of 7.78%.

It may be noticed that Qualcomm's market maker is not strong, and the opponent's selling speed slowed down significantly after the stock price was suppressed to 75 yuan.

Oracle Software also performed poorly on Thursday. When the index rebounded, the stock price once rebounded above 42 yuan, but as the index weakened, Oracle Software's stock price could no longer bear Zheng Xiaopang's side. The pressure of the continuous selling began to decline continuously, and finally the stock price fell below 40 yuan an hour before the closing, and finally closed at 39.22 yuan.

According to Chen Fan's intention, after Oracle's stock price fell below 40 yuan, Zheng Xiaopang didn't hesitate, but continued to ship, and he must sell all the stocks this week.

The underlying stock market has continued to plummet. As the leader, the Nasdaq Index has initially shown signs of topping. Naturally, the wind direction in the futures market has also changed significantly. The bulls have begun to be conservative. It has become difficult to continue to expand short positions because there are fewer opponents.

This is the news that Chen Fan got from the futures group after the Nasdaq fell sharply on Thursday and fell below 4500 points.

On Friday, after falling for four consecutive days, it finally ushered in a wave of rebound. After opening low and moving low, it fell below 4400 points again.

It was a bit of a surprise that the stock that took the lead in rebounding this time was Miruan.

This week, Miruan plummeted at the opening of the market, and Chen Fan paid less attention to it in the next three days, because the stock price was falling slowly, which was really nothing to watch.

It had fallen to around 50 yuan on Thursday, maybe it was because of the integer price that it started to attract funds to enter the market for a gamble. It was Chen Fan who took the lead after noticing that Miruan’s stock price fell below 50 yuan. The first feeling after turning on the rebound.

On Thursday, because Qualcomm also fell a bit hard, the trading strategy decided by Chen Fan and He Li's group of traders after discussion was to create a wave of rebound and rest the graphics as long as the opponents don't ship aggressively.

So after the opening of the market, Qualcomm's stock price has been trading sideways around 72 yuan, but obviously the selling pressure was not strong. After finding out that Miruan started the rebound trend, Chen Fan decisively asked He Liye to start Qualcomm to start the rebound.

Generally speaking, Friday's rebound trend is good, and it is also because the stock price has been falling for several days in a row, so people's minds are rising, but what makes Chen Fan shake his head is that there is not much money in the rebound market, and the whole day's trading is not affected by the rebound. enlarge.

Just before the market closed, the traders in the room calculated again, feeling that the market would definitely continue to fall next week, so they decisively stopped Qualcomm's upward trend and pushed the stock price back to 75 yuan. The number of selling orders has decreased a lot, and the opponent should have positioned 75 yuan as the lower limit for lightening up positions.

Of course, this is just a guess based on the disk.

In the end, the Nasdaq closed at 4572.83 points, a rebound of 2.58%; Qualcomm closed at 74.66 yuan, an increase of 2.81%.

The market maker of Oracle Software was finally woken up by Zheng Xiaopang in the last hour. The stock price of Oracle Software also rebounded back to 40 yuan during the market rebound, and the stock price reached a high of 40.8 yuan. For an hour, Zheng Xiaopang looked at the more than 3 million shares of Oracle Software in his hand, and finally hit the market hard.

Chen Fan didn't know about this action beforehand, it was decided by Zheng Xiaopang himself. After all, Chen Fan said before that he hoped to sell all the stocks this week.

The stock price of Oracle Software began to dive rapidly around 40.6 meters, falling below the 40-meter and 39-meter barriers in a row, and the intraday trading volume began to increase sharply. After the yuan, the trading volume dropped sharply.

When the stock price fell below 39 yuan, Zheng Xiaopang began to despair when he saw the empty trading volume below. He still had more than 1 million shares of Oracle Software in his hand, which could not be sold this week.

Zheng Xiaopang stopped lightening his position after sweeping away the buy orders of more than 38 yuan. The stock price rebounded and finally closed at 39.03 yuan, a slight drop of 0.48%.

Although the decline is small, anyone who has seen the market trend knows that there are big funds retreating in this stock, and it is hopeless.

(End of this chapter)