legendary trader

Chapter 145 Controversy and Liquidation

After hearing Chen Fan's words, Zhang Yang and Zheng Xiaopang's minds were confused.

The two thought at the same time: "He said he wants to fly to us, where will he fly? Fly out of the window sill, this is the 12th floor, and it's not bankrupt. I'll fly ass."

Chen Fan could tell from the expressions on the two of them that they were still thinking about shorting. Before he recovered, he smiled and said to them, "Do you think this short game has won?"

"Isn't this nonsense? It's obvious." Zheng Xiaopang heard that Chen Fan still insisted on his own judgment, and he didn't think that the current market can be shorted, and he was a little bit unconvinced.

Chen Fan looked at Zhang Yang with a smile and asked, "What about you? Is that the same idea?"

Zhang Yang nodded and did not speak, still looking at Chen Fan.

Chen Fan put away his smile and thought for a while before saying: "It may be bloody. This time, the main players in the market cannot be regarded as long or short. Their idea is to kill both long and short."

Hearing Chen Fan's remarks, Zheng Xiaopang and Zhang Yang didn't understand at first, they just stood there in a daze, and after a while Zhang Yang asked weakly: "What are you talking about?"

Chen Fan rolled his eyes, thinking that the aura he cultivated with great difficulty was a show for the air.

Looking at the two people in front of him, Chen Fan repeated his previous words, and now Zheng Xiaopang came to his senses, and just as Chen Fan finished speaking, Zheng Xiaopang yelled: "What is double killing long and short, come out and see, How can it be."

Zhang Yang was not as excited as Zheng Xiaopang, but turned his head to look at the computer screen, trying to figure out Chen Fan's analysis carefully.

The rebound from the 1475 point really killed the shorts, and also brought in the longs. From 1768 to the current massacre, it is estimated that the bulls will basically die out, and if the shorts are brought in again, they will explode. In the case of short positions, there will really be a double kill situation in Chen Fan's mouth.

In fact, Zhang Yang didn't really believe Chen Fan's words. His analysis results were too scary and alarmist.

But after careful consideration of the board, it was a bit like what Chen Fan said, but Chen Fan's judgment still didn't seem to give a direction, so he asked: "In your opinion, is the final direction up or down?"

Zheng Xiaopang also recalled it from the side, and also looked at Chen Fan. When he said the following, he was so excited just now, he didn't realize that Chen Fan only said double kill, but didn't say the final direction.

Chen Fan didn't hold back, and stretched out a finger to point to the sky.

Zheng Xiaopang and Zhang Yang understood in seconds, Zheng Xiaopang said first: "I'm dizzy, you are really bullish, you are bullish even after burning your ass."

After Zheng Xiaopang finished speaking, he felt that it was not enough, so he pointed to the computer screen and said, "Look, the 1449 point is broken, and now it's going to break the 1400 point."

While the three were arguing, the Nasdaq index oscillated repeatedly above 1450 points, only rebounded to 1462 points at the highest point, then turned around, fell below the low point again and continued to bottom out.

Before he knew it, it was past 2 o'clock in the morning. At this time, the Nasdaq index was already approaching 1400 points. Zheng Xiaopang wanted to go short several times, but Chen Fan forced him back, and even used the rights of the major shareholder, Resolutely disagree with Zheng Xiaopang's short position and continue to increase short positions.

When the index was close to 1400 points, the market did not appear the bull counterattack that most people expected. Unexpectedly, there were a large number of selling orders, especially the Nasdaq futures. It fell below the 1400-point mark and went down again with a diving attitude.

Zhang Yang couldn't help but said when he saw Duoping Shanzi's concentrated appearance: "The bulls have blown their positions."

Zheng Xiaopang also interjected: "Yeah, right now, it's a market where more kills are more, and there may be a reversal there. Chen Fan, that"

Before he finished speaking, he saw Chen Fan shaking his head and remained silent, so Zheng Xiaopang didn't continue talking.

Chen Fan was actually extremely nervous at this time, carefully recalling that the last time this happened should be when he bought Greenfield shares at the limit during his internship.

Chen Fan withdrew his mind, watched the Nasdaq index quickly fall below 1400 points with the collapse of the Nasdaq futures, and quickly calculated in his head.

During the last rebound, the cost of most longs entering the market will not be lower than 1500 points. Especially in the short squeeze stage, most of the cost of longs should be around 1600 points. Below 1500 points, the cost was lower than 1500 points because of a large increase in positions and no participation in the subsequent short-squeeze market.

Now that most of the bulls have already started to liquidate their positions, it is unlikely that the main force will continue to kill. Is it really going to crash the market?

His ability has always prompted upwards. Chen Fan still decided to believe in his ability. Since most of the bulls have liquidated their positions, the purpose of the main force to intimidate the funds on and off the market has been achieved, so now is the best place to buy the bottom. good stage.

Thinking of this, Chen Fan suddenly said to Zheng Xiaopang and Zhang Yang: "Close the short position immediately, and start closing the position at 1380 points right now."

As soon as he said that, he immediately started to operate. Nearly 8 short positions were closed. This trading volume is still very scary. The short order is understood as the behavior of small short sellers to close when they see a good deal, which has not attracted too much attention from long and short funds in the market.

After hearing Chen Fan's words, Zheng Xiaopang just stood there in a daze and did not take any action for a long time. Only Zhang Yang followed Chen Fan's words and began to close the empty orders in his hand, even though his heart was bleeding.

After a long time, Zheng Xiaopang asked Chen Fan: "Really flat, don't flatten it, save some for my plane and yacht. We still have a lot of long orders and hundreds of millions of stocks in our hands, now flatten There is no insurance."

Chen Fan didn't look at Zheng Xiaopang, but said: "It's okay, I'm sure the bottom will be reached soon, and the market won't fall again. As you saw earlier, the bulls are already liquidating their positions. The bulls are not dead, and the bears are not dead. Now It's the turn of the bears to die."

Zheng Xiaopang still did not give up and said: "If you do this, you will go bankrupt."

Chen Fan suddenly laughed, and said to Zheng Xiaopang: "How many brain cells have died because of your plane and yacht, don't be a mother-in-law, just help me close the position quickly, hurry up, you feel your conscience, did I miss the market? "

Zheng Xiaopang was very depressed at this time, although he admitted that Chen Fan really did not miss the market, but
"If you die, you will die. If you are lucky, go boating on the South Lake." Zheng Xiaopang thought for a long time before making a difficult decision.

In the core trading room of Chaofan Building, the sound of crackling keyboards sounded again.

Chen Fan thought in his heart that he hadn't heard this beautiful melody for a long time, and it was a gamble whether it was delicious or spicy.

The Jinxin Building in Shencheng is also in chaos at the moment, and the collapse of the Nasdaq market today has frightened everyone present.

When the market fell below 1475 points, Qi Qinghua was already sitting on the sofa, and Mr. Li next to him was just analyzing the position report. Although Jinxin Company also shorted it this time, because the entry time was a little short At this point, the best opportunity to open a position was missed, so there were not many short positions, which also led to losses at this moment. As the market fell, the losses were also intensifying.

(End of this chapter)