legendary trader

Chapter 775 776 Off the Internet?

The Nasdaq plummeted, quickly approaching 4300 points.

After Zheng Xiaopang notified the futures trading team of Chen Fan's intentions, he was free again.

After this round of diving, many stocks have significantly increased their volume at this moment, and there are signs that the temperature has stopped falling, and the index seems to be slowing down.

"You said, can 4300 points hold?"

Zheng Xiaopang asked suddenly.

"I don't know. It is estimated that even if it falls below, it should rebound soon."

Chen Fan can't see the downward trend, so he can only talk nonsense at the moment. After all, he already knows that the index will reach 4400 points after the Nasdaq rebounds. He thinks that the decline this time will not be very large, so he is thinking about holding off on opening short positions Act after the index rebounds.

"The low of more than 4400 has been broken. It looks like the graph of the top of the rice stock market. It seems that this is how it came about. It plummeted for a while and then rebounded, and then plummeted again, layering people on top."

Zheng Xiaopang looked at the Nasdaq, which was still falling, and muttered, "Last time it fell from 5100 to more than 4400, a drop of almost 7 points. If we do it again this time, it will go to more than 3700."

Chen Fan grinned when he heard it in his ears, and thought to himself, did you calculate this drop?
But Zheng Xiaopang also quickly realized, "No, it should be counted from the high point, this time it should be calculated from 5000 points, it should drop to around 4300 points, it is almost in place."

While Zheng Xiaopang was talking about it, the Nasdaq was also approaching 4300 points, but to Zheng Xiaopang's disappointment, the market fell to this position, and the strength emerging from the market was insufficient, failing to support the index at all.

Although many stocks have begun to stop falling, and some small-cap stocks have even begun to rebound in retaliation, the index is still slowly declining, falling below 4300 points without any suspense.

"The inertial decline, how can it last for so long, it has been more than ten points and the decline has not stopped."

Zheng Xiaopang saw that the Nasdaq had slipped to 4296 points, but the trend line of the index had no hook, so he started to get a little nervous.

This time I was really nervous. When Chen Fan said to hold off on opening short orders, Zheng Xiaopang understood that the market didn't fall too deep, but now it has broken nearly [-] points. If it continues, Zheng Xiaopang will feel very scary.

Fortunately, Zheng Xiaopang's nervousness did not last too long. After the Nasdaq fell below 4290 points, it finally started to rise at 4288 points, and the index finally stabilized.

As the market stabilized, more and more stocks began to participate in the rebound trend, which drove the Nasdaq to withdraw and move closer to 4300 points.

At this time, Chen Fan also took the time to look at the Dow and the S&P. The two indexes are also in the process of rebounding. Judging from the start time, they seem to be ahead of the Nasdaq and stabilize.

At this moment, He Li also began to put in a small amount of buy orders, trying to raise Qualcomm's stock price a bit, but there were a lot of sell orders on the upper selling price, so he didn't sweep up the goods, but just placed some buy orders symbolically to seal the stock price below. There is room for downside, let the funds that newly enter the market to rebound first go for a rush.

The distance from 4300 points is only about ten points away, so it is very easy for the Nasdaq to rise back up. However, when the index rose above 4300 points, Chen Fan noticed that the selling orders in the market seemed to increase again, and some people began to target The bottom-hunting funds were sold, and the index began to show stagflation.

Chen Fan flipped through several stocks in a row, most of which showed signs of being blocked.

The blue-chip stocks that have fallen sharply today should be pushed down, and they plummeted ten points at the opening. However, in this round of diving market, they may have fallen hard enough, so the stock price only fell from 48 yuan to 46 yuan.

During this period of rebound trend, Miruan’s stock price only rose to around 46.5 yuan before it was obviously blocked. The selling pressure from above was very strong. Although there were continuous buying orders, the stock price just couldn’t rush up.

Seeing this, Chen Fan felt a little flustered for no reason. Although he knew that the Nasdaq would reach 4400 points in the final rebound, and with this information as a base, he could look at the market with sober reason, but he still panicked for no reason at the bottom of his heart. It seems that the second drop has not yet fallen through.

"He Li, take a look. Now many stocks have been blocked from rising. Is there another decline in the market?"

Chen Fan suddenly asked He Li. Although Chen Fan had feelings at this time, he still wanted to get some opinions from other mouths.

He Li heard Chen Fan's words, and immediately opened a few stocks he was concerned about. At least he felt that these stocks could fully reflect the market situation, but his face became ugly after looking at them.

"There are people selling stocks at the top consistently."

It took He Li a while to speak with difficulty, and then he turned his head and said to the colleagues around him, "You should also take a look, it seems that someone is leaving the venue."

In fact, there is no need to wait for other people to give their opinions. After He Li answered, Chen Fan knew that his feeling seemed to be true. The market may not have fallen completely.

But thinking of the subsequent rebound, Chen Fan let out a long breath and calmed down. It's not a big deal, it's just a matter of rebounding later.

"Remove some of the purchase orders under Qualcomm, so as not to be stolen."

Even so, Chen Fan reminded immediately.

He Li nodded when he heard the words, and began to withdraw some purchase orders according to Chen Fan's intention. At least the large purchase orders should be withdrawn, and the small ones should be kept. After all, when the sell-offs did not come out, they still needed to pay to maintain the stock price.

However, Chen Fan's hearing is not bad, he still heard He Li whispering to arrange for his colleagues to start putting up small selling orders at the price of selling one and selling two. Obviously, he did not expect the scattered buying orders to eat up the selling orders above, and began to take the initiative to sell. Out of stock.

And Zheng Xiaopang, who was beside him, felt a little frightened at this time, and he wanted to continue selling Oracle software at 38 yuan, but there was still a fall in the future.

However, he knew very well that Chen Fan was still the main operator here, and he didn't plan to make the decision without authorization, so he asked in a low voice, "Do you want to lighten up the Oracle ticket?"

Chen Fan turned his head and glanced at Zheng Xiaopang, then shook his head, "There are only over one million shares in total, there is nothing to worry about."

All the shares of Oracle Software were sold for only 4 million yuan. Chen Fan really didn't take it seriously, not to mention that this stock has a chance to go up to 40 million yuan, so there is no need to panic and run away.

When the Nasdaq rebounded to around 4311 points, it completely lost its ability to rise, and the index began to retrace. Although the speed did not seem fast, as the index approached 4300 points again, other market participants began to feel a little bad.

The index fell, and as more and more selling orders were thrown into the market, small and medium-sized institutions finally began to make their own reactions, and began to take the initiative to suppress the stocks in their hands, snatching the meager buying orders in the market, and cashing out first Besides, after hitting the bottom, sweep up with a backhand to create a rebound.

Now more and more institutions have noticed that the market is showing signs of topping out, and big funds have already begun to reduce their holdings of stocks, and the reduction is blatant, so they can only follow the trend.

Take the initiative to sell down the stock price to cash out, buy it back at a low level, create a rebound and then look for opportunities to ship, even if the price difference is small, you have to do it. No matter how small the mosquito legs are, they are still meat. I don’t know what will happen in the future. Earn a little bit first. up.

With the gradual release of selling orders, when the Nasdaq was about to fall to 4300 points, the rate of decline suddenly began to accelerate. Without resistance, the Nasdaq index easily fell below 4300 points again. Selling orders, a real wave of selling.

Just before the index's decline accelerated, He Li resolutely withdrew all the buy orders, and made his move on those few buy orders on the buying price, and rushed to sweep them up before the market sell-offs appeared. The subsequent sell orders could only be placed on those sell orders In terms of price, or can only list a lower price to seek a transaction opportunity, in short, Qualcomm's stock price collapsed in an instant.

Qualcomm's stock price quickly fell from 72.8 yuan to 72.2 yuan, but it was obviously not over yet. With the emergence of lower price active sell orders, Qualcomm's stock price quickly fell below 72 yuan.

The market ushered in a new round of diving trend. After the Nasdaq fell below 4300 points, it quickly refreshed the low point and quickly went straight to 4200 points.

The market was changing so fast. If it wasn't for Chen Fan's reminder, He Li knew that he would be caught off guard again. Fortunately, Chen Fan was on his side, so he reminded him first.

Just when everyone in the room was waiting for the market to collapse to 4200 points, and waiting for the market to bottom out again, the Nasdaq suddenly stopped falling when it fell to 4251.93 points, and the index stopped falling.

The sudden stop of the fall startled Chen Fan, is it diving this time?

Why did it stop after falling only a few dozen points.

Waited for a few seconds, rubbed his eyes and looked at the trend of the Nasdaq, it was still 4251.93 points, the index did not fluctuate at all, even if it fluctuated by only 0.01 points, there was no change.

"What's the matter?"

The Nasdaq has stayed at 4251.93 for more than ten seconds, such a trend is definitely unreasonable, but...
"Off the net?"

I don't know who suddenly said something, which woke everyone up.

Yes, at this time, not only the Nasdaq is not changing, but the Dow and S&P are not moving. The trend line seems to be a horizontal line. I have never seen such a trend in the past. No one understands what is going on.

The index has changed, and Qualcomm, which has been watching here, has also appeared sideways. The stock price has remained unchanged at 70.32 yuan, and there has been no transaction in one lot.

After that question, everyone seemed to have an answer.

network disconnected.

At such a critical time, the network was cut off, how could this be tolerated.

Before Chen Fan could speak, Zheng Xiaopang had already taken out his mobile phone and dialed out. When the call was connected, he yelled at the other end of the phone angrily: "What's wrong, why is the network disconnected."

I don't know what the other party said on the phone. Zheng Xiaopang's angry face turned into surprise, followed by a bewildered expression. When Zheng Xiaopang's eyes shifted to Chen Fan, he said directly to Chen Fan without hanging up the phone: "The network said that the network connection is normal."

Hearing Zheng Xiaopang's words, Chen Fan also had an expression of saying hello. Now the market is so clear, whether it is the index or individual stock prices, all clearly show a horizontal line. There is no transaction. You tell me that the Internet is normal .

At this time, Chen Fan vaguely remembered that he had seen such a trend before. He had encountered it when he was an intern in a securities company. At that time, a computer placed in the trading hall appeared because the network cable was loose. past such a situation.

But at that time, it was actually very simple to know that it was a computer failure, because the computers next to it all displayed normal. When asked about that one computer, Chen Fan didn’t know what the problem was after being called, and finally shut down and restarted directly. solved.

Although the problem was solved, Chen Fan still told Brother Huang, and Brother Huang said with a smile, it may be that the network cable is loose, just plug it in again and restart the computer, it’s just a simple restart sometimes It can also solve the problem, but let Chen Fan go and re-plug the interface.

Because there are many people around the computer, maybe someone accidentally touches the host below, just such a small vibration, just makes the network cable that has a little contact problem loose, if you plug it back immediately at this time, sometimes it will be fine. Recovers quickly, but restarts the computer most of the time.

Thinking of this section, Chen Fan's mind raced, and he looked at other computers. All transactions were stopped. It is impossible for everyone's computer network cables to have problems.

"Tell them to come here immediately to see if there is a problem with any general interface."

The only possibility that Chen Fan thought of at this time was that the external connection was normal, but the accident might have been caused by a problem with the internal network cable.

Zheng Xiaopang immediately said a few words to the other end of the phone before putting down the phone, and said with a wry smile: "They are already here, and they will be there soon."

As soon as the voice fell, Chen Fan seemed to hear the sound of running in the corridor outside. It should be the person in charge of network maintenance running upstairs.

Earlier, because the market began to plummet, Chen Fan sat up straight nervously. After this incident, he relaxed a little, and then leaned back on the chair, his eyes inadvertently glanced at the computer screen that was no longer trading.

The time on the computer screen showing the Nasdaq and Qualcomm stock price trends was still running, and the dazzling horizontal line was getting longer, but when his eyes moved to the computer screen displaying the self-selected stock quotation system, Chen Fan was stunned again.

At this time, the trading information of almost all the stocks on the screen seemed to have been pressed the pause button, without any change, but the series of numbers on the bottom stock were still making slight changes.

When Chen Fan saw this, his eyes widened involuntarily.

There are network signals, and transaction information is still coming in.

At this time, there was a knock on the door of the trading room, and a trader who was leaning against the door had already got up and opened the door.

Two technicians responsible for network maintenance walked in and greeted them.

"Mr. Chen, Mr. Zheng, we are here, just called."

However, Chen Fan ignored them. Instead, he quickly moved the mouse and clicked. It was the futures index trading information of the Wind City Futures Exchange in the United States. Ongoing.

Seeing that the futures prices plummeted and new transactions were continuously refreshed, Chen Fan knew that whoever said that the Internet was disconnected just now was probably mistaken, and the Internet was indeed normal.

Zheng Xiaopang was talking to the two traders, when Chen Fan suddenly said to Zheng Xiaopang: "Pang, check the announcement of the Nasdaq market immediately."

"Ah?" Zheng Xiaopang, who was explaining the situation, was surprised.

(End of this chapter)