legendary trader

Chapter 268 Chapter 267
Hearing Chen Fan's words, Zheng Xiaopang couldn't help but laugh.

"Do you think you can make money by seeing the market? It's a good idea. They have a lot of money in and out, and it's easy to get in and hard to get out. Have you thought about the result?" Zheng Xiaopang looked at Chen Fan and asked with a smile.

Chen Fan thought about it and nodded.

During the two weekends, Chen Fan was not in the mood to go out to play. Che Xiaoya called and asked him and Zheng Xiaopang to go out for dinner. Chen Fan didn't agree, and just waited at home for news from the United States.

By Sunday night, neither Xu Jing nor Lao Liu had any useful news. Netscape's movements were unknown, and it was completely impossible to see that the company was preparing for any major commercial actions.

Chen Fan is also a little anxious here. There is no news from the company level. Does he really have the funds to plan to retaliate?Is it because it has fallen too much?

If funds enter the market for a retaliatory rebound, it may become very difficult for them to enter the market for speculation this time. The funds for the rebound are very sensitive. Once they enter the market with too much funds, others may not start This operation, it is possible that this operation of Netscape will end in failure.

Even if he trades on his own side and operates a wave of market rebound, but he has already said his words before, it is because he has funds to enter the market, not Chen Fan, who is optimistic about the rebound.

Now it is said that the rebound is done by oneself, the original purpose, to show the muscles, becomes ridiculous, and it may be counterproductive.

The following Monday, Chen Fan didn't receive any good news. Netscape seemed to have done nothing, maybe he had resigned himself to his fate. Although the company's R&D department was still working hard, according to the news, the company didn't have any new products recently. come out.

Netscape has already played the card of free browsers, and it is impossible to make any further moves in the short term.

Seeing the news that came back, Chen Fan felt deeply disappointed. Even if the shares of Bo Island broke through 11 yuan, it didn't make him the slightest bit excited.

At around 8 o'clock that night, Chen Fan and Zheng Xiaopang went to Oaktree Capital's office again.

When I came to the trading room of Oak Tree Capital, besides the two traders, Xu Jing and her secretary were also there. There was a new coffee table near the window, a few small sofas, and fruit snacks on the coffee table.

Seeing Chen Fan enter, Xu Jing got up and smiled, "Xiao Fan, you are here. What are you going to do today?"

"Hello, sister Xu. Let's take a look today. I'm not sure how to do it yet, but I'm sure I'll continue to raise money." Chen Fan laughed.

Zheng Xiaopang, who was walking behind, suddenly asked: "Sister Xu, haven't you found out about Netscape's actions?"

Xu Jing shook her head, "My people contacted some Netscape employees, but found nothing. The only thing I know is that their company is also very anxious about Netscape's current predicament. They have contacted some companies before and plan to sell some Department, these are just contacts, and I haven't thought of any way to turn things around for the time being."

Soon, the U.S. stock market opened.

Today, neither Chen Fan nor Zheng Xiaopang had any plans to operate. They just turned on the computer to check the market prices. The two traders also followed Chen Fan's instructions to buy Netscape stocks at a low price.

Today, the rice stocks continued to fluctuate and fall after the market opened, but the decline was not large, which was convenient for Chen Fan and the others to accumulate funds.

With the emergence of selling orders, Netscape's stock price was broken at 17 yuan without support, and the stock price fell back to more than 16 yuan.

Chen Fan is still the old routine, when the index falls, he places an order below to accept the selling order, but after the Nasdaq index fell to a certain level and began to stabilize and rebound slightly, Chen Fan suddenly issued a new order, "Little Swipe up continuously, pay attention to controlling the rhythm, and pull the stock price to green."

The two traders were a little stunned at first, but soon they began to follow Chen Fan's intention, continuously placing small buy orders to knock down the upper sell orders, and at the same time continuously put out buy orders to consolidate the bottom in the process of pushing up the stock price.

Because the stock price of Netscape itself only fell to around 16.86 yuan, which is not far from the price of 17 yuan. In just 2 minutes, the stock price was pulled back below 17 yuan.

Chen Fan looked at the market index, and the current rebound is still continuing, so he said decisively again: "Maintain here, the price can reach 17 yuan, but it can't be stabilized, I want to fluctuate here."

Xu Jing, who had been sitting next to her, suddenly asked in a low voice, "Are you going to push up the stock price today? Are you not worried about being discovered by the fund you mentioned?"

Chen Fan shook his head and said, "Since you haven't found out what is good about Netscape, I don't worry too much about the funds that have been raised. Maybe even the funds that successfully escaped at a high position may cover up their positions at a low position. Although this possibility Not big."

"Then you continue to accumulate this stock? According to our analysis results, this stock has no value." Xu Jing said with a slight frown.

"Pull up the stock price, scan the sell order of 17 yuan and 5 yuan, follow up the buy order and place a small amount, so that the stock price will fall back to 17 yuan." Suddenly Chen Fan quickly issued a new order to the two traders.

Those two didn't hesitate, they just followed suit and began to quickly make orders and sweep up the sales.

At this time, the Nasdaq index has rebounded and began to hook downward.

Netscape stock, which had been silent for a long time, finally began to show a wave of price increase and volume increase. The stock price line rose rapidly under the driving force of buying, and continuously swept away several small barriers on the way up. The stock price rushed all the way to 17.5 yuan before showing Exhausted, lost the ability to continue upward.

As the Nasdaq market began to fall slowly, the stock price of Netscape, which had lost financial support, also began to be suppressed by selling.

Because there are not many buying orders below, although the falling speed is not as fast as the rising one, the falling speed is not too slow. When Chen Fan saw this, he hurriedly said: "There are a few orders, continue to place small orders, Slow it down."

Xu Jing next to him looked at Zheng Xiaopang, as if he was asking what Chen Fan was going to do?Such a broken stock actually wants to enter the market with a lot of money to attract money. Could it be that Chen Fan intends to sway them, not to take them to operate the rice stock, but this time to use Netscape stock to deliberately trick them?
Zheng Xiaopang was also a little uncertain about the situation, seeing Xu Jing's gaze, he shrugged his shoulders and spread his hands.

Because there is no continuous flow of funds into the market, although there are a small number of buy orders that do not enter the market, Netscape's stock price will inevitably fall back to its original position.

However, Chen Fan didn't seem to see this, but kept counting the number of unsold sell orders listed above.

When the stock price fluctuated for a while after falling back to its original position, Chen Fan said to the two traders: "Small orders are placed online, and the stock price is pulled to 17, operate as before. After the stock price falls back, let it rest for a while and continue to rise." Just do it, and the high point will gradually move down."

"clear."

"receive."

The two traders replied one after another that according to Chen Fan's explanation, it is actually very easy for them to operate the rice stocks in this way, just pull them wave after wave, and there is really no technical content.

(End of this chapter)