legendary trader

Chapter 111 The Nightmare Begins

Yesterday's slump obviously had a negative impact on today's opening. Although the policy side continues to blow warm air, the sharp drop in trading volume after today's opening shows a cautious market mentality.

After the stock market opened slightly higher, because the trading volume shrank so badly, many funds that wanted to gain a short-term rebound also began to hesitate and chose to wait and see.

The shock time was not long. After touching 1655 points, the Nasdaq index chose to go down and went down wave by wave. It soon fell below yesterday's closing index, while the Dow Jones index and the S&P index also showed similar trends. , although the trading volume has not been enlarged.

However, Chen Fan still keenly noticed that the atmosphere in the market was more bearish, otherwise, even if the current index is suppressed, it should rebound soon.

Thinking of this, Chen Fan turned his head to Zheng Xiaopang and Zhang Yang and said, "It may still fall today, but it's hard to say how much. A small drop is meaningless, and it is estimated that it is still far from the bottom. If it falls sharply, it may be close to the bottom."

Zhang Yang asked: "Yesterday it fell very badly, okay, can it still fall today?"

Chen Fan said: "Who knows? The reason for yesterday's crash was not analyzed. It was an inexplicable crash. Since no reason has been found, the sword of Damocles is always hanging over the market. The bulls should not dare It’s right to launch a rebound easily, unless.”

"Unless what?" Zhang Yang asked immediately.

"Unless it plummets, the bulls can't tolerate it." Unless it was a firm answer.

Zheng Xiaopang also spoke, "How do we do it? I only care about this, how can I make money, a lot of money."

A nasty smile appeared on Zhang Yang's face and said, "Should we smash the futures index, come down hard, and break the current stalemate. According to your statement, it is estimated that the bulls are still afraid to resist too much at this stage, so it is hard to say." We can temporarily manipulate the market, create panic, and force the bulls and the bears to confront each other.”

Zheng Xiaopang immediately became interested, and said with a smirk: "This is what we want, let's smash it hard to break the current balance. I guess the longs and shorts should still be gaining momentum. At present, it seems that the shorts have a little advantage. Let's Just drop it down."

Chen Fan Zou Mei asked: "What if the bears don't follow suit or the bulls resist stubbornly?"

Zhang Yang was stopped by the question, and after thinking about it, he said uncertainly: "Even if you resist, you don't dare to push too high. After all, there are still short sellers watching from the sidelines. We will lose a little at most."

Chen Fan thought about it again, and felt that Zhang Yang's opinion was reasonable, so he nodded and said, "Then let's smash the Nasdaq index futures? Now it is 1605 points, and we will smash it to 1550 points. If we hit shallow, we may be counterattacked."

"Okay, done." Zheng Xiaopang yelled excitedly, "After waiting for so long, finally Fat Master can go on stage to warm up."

Chen Fan and Zhang Yang smiled and did not answer, but quickly tapped the keyboard with their hands to prepare the empty order.

When the Nasdaq futures price fluctuated within a narrow range between 1604 and 1607, the Nasdaq index started a small rebound from the bottom of 1629. After reaching 1638, the market turnover increased slightly again, and the index also stopped rising and began to fall.

Chen Fan felt that it was about the same time. The short-term bullish momentum was suspended, and it was time to suppress it, so he immediately shouted: "Small."

After Chen Fan finished speaking, he saw Zheng Xiaopang smashing his hand on the keyboard, and a 1 point 1600 hand empty order was sacrificed. Not to be outdone, Chen Fan threw out the prepared 20 point 1600 hand empty order, Zhang Yang also tapped the keyboard, and then began to enter the next sell order.

In the trading room, there was constant typing on the keyboard, and the three of Chen Fan quickly threw out empty orders one after another to the index futures market.

Chen Fan still needs to pay attention to the number of short positions opened from time to time, worrying that if he opens too many short positions, he will be attacked by others. At that time, it will be more difficult to close a position than a short position.

The price of Nasdaq futures quickly fell below 1600 points under the continuous beating by Chen Fan and others, and soon broke 1590 points. At this time, Chen Fan noticed that the sell orders in the stock market also increased significantly, and the index was still normal at first The slow decline begins to have a tendency to turn into a dive.

Chen Fan glanced at the positions. At this time, the number of short open positions has reached 1179 lots, and nearly 900 lots were traded at 1600 points. It is obvious that the bulls in the market were stunned in the short term, and they did not organize an effective counterattack. At that time, Chen Fan immediately shouted again: "Keep throwing, don't stop, the index may be diving soon."

After speaking, he placed a 1580-hand empty order against the buy order at 65 points. Although there were two prices, it was successfully broken through. More than 30 empty orders were traded at 1580 points.

Zhang Yang and Zheng Xiaopang on the other side heard Chen Fan's yelling, and they also placed several empty orders without stopping. Zheng Xiaopang even directly set the selling price to 1570 points.

At this time, the stock market was obviously affected by the dive in the futures market. A large number of short sellers who were already ready to move took the opportunity to sell their borrowed stocks, and the wave of selling began to spread gradually. Not only technology stocks, but also many blue chip stocks were also suppressed by a large number of selling orders. , under the fierce offensive of the bears, the three major indexes all fell, and began to dive rapidly downward.

Because the bulls did not organize an effective defense, the rapid decline of the three major indexes also affected many traders who did not have a clear trading direction and chose to stand on the side of the market and began to join the ranks of short sellers.

More and more neutral institutions and traders began to issue short-selling orders, causing the main index of the three major indexes, the Dow Jones Industrial Index, to quickly penetrate the 8000-point integer mark, and even the 7900-point mark was effectively hit without any resistance. If it is worn out, the index rushes to 7800 points with an indomitable momentum.

At this time, almost all the long-term traders in Quanmi fell into a state of despair, losing all their vitality like walking dead, and even had no intention of turning around and stopping losses. In the state of diving and plummeting, it is almost impossible to close positions and stop losses of.

A nightmare, a nightmare for bulls, is unfolding in the US financial market.

When Chen Fan and the three were excitedly opening short positions and continuing to short the Nasdaq futures, what they didn't know was that in the multiple trading rooms at both ends of the sub-office Aqua Blue Star, people kept speaking different languages ​​and repeatedly swearing at similar things. "Those damned bastards who said they would go short according to the plan, whoever is robbing them are all vampires, bastards, I can't wait to take their skin off."

At this moment, almost all traders in the world who are still trading are looking at the United States, and even some aggressive traders have begun to quickly close their positions in stocks, futures, gold, and foreign exchange. , Concentrate funds and prepare to invest in the rice stock market, and share delicious cakes with the winners.

The chairman of the York City Stock Exchange in the United States kept wiping the cold sweat on his head with a handkerchief in his hand, and shouted into the phone: "Policies must be introduced. That has nothing to do with me. Now all orders entering the market are sell sell sell. Here I am. It's just a market, I can't restrict other people's transactions, whether they are buyers or sellers. That's your job, don't say it has anything to do with me"

　Thanks for watching

　　
　
(End of this chapter)