legendary trader

Chapter 410 411 The market is gone?

On Saturday night, Chen Fan and Liu Ying came out of the family club, got into the car driven by Li Wu and went home to rest.

"You really bought a lot of Qualcomm stock?" In the car, Liu Ying turned to Chen Fan and asked.

"At that time, I felt that this stock was good, and it happened that someone shipped a large amount of goods, and we bought a lot. Later, because the market fell, we swept a lot to protect the market. We took a lot of chips without knowing it, and then we started After researching this stock, I found that there was a wrong move, and I actually bought a gold stock, and then began to consciously increase my position in stocks.”

Chen Fan smiled and told Liu Ying the situation with a true sentence and a false sentence. Just now at the gathering in the circle, he heard Huang Tian, ​​Second Brother Wang and others praised Chen Fan's sharp eyesight, so he I was interested, but it wasn't the time to ask questions at that time, so I held back until now, and only asked when the two of us got along.

"Based on Huang Tian's opinion, Qualcomm seems to be making a lot of money in the future if it continues on this path." Liu Ying didn't know Qualcomm well, but she was curious to hear them talk about core technology and collect patent fees.

"It's the same as our domestic water and electricity companies, but no matter how powerful your company is, you need water and electricity, right? You can't completely do without the support of public service facilities, and pay for electricity, water, and gas by yourself. , as long as there are pipelines and operating rights, you can just lie down and collect money.

The better the company develops, the more these things consume. They don't need to operate, they just need to prepare things and charge you for using them. Now Qualcomm is like this, developing new technologies with its CDMA technology patents as the core. For the use of the new generation of wireless communication systems, of course you have to pay patent royalties. Unless another epoch-making technology appears, it will be like a leech lying on your body, sucking blood non-stop. "

"Then can't we use that principle to develop patents similar to C technology?" Liu Ying is more pragmatic, thinking that since then, she can find a way to go around and apply for a new patent, so she doesn't need to pay the money.

"I don't know the details, but after consulting some people, it seems that there is some kind of barrier, that is, Qualcomm occupies all the patents involved in the way that can be bypassed, completely blocking the way for people, basically unless there is something new. , There is no way to bypass Qualcomm to develop this technology, you know, when it comes to patents, the companies in the Omi country are very sophisticated, they can’t do anything about it, as you can imagine, there is really no way.” Chen Fan shook his head with a smile.

"Is Qualcomm's fee very expensive?" Liu Ying continued to ask.

"I don't know exactly how to charge, but it seems that the industry calls Qualcomm a vampire, so I guess it's not cheap." Chen Fan said cheerfully, "We just invest in stocks, and it seems that those people also plan to Holding Qualcomm's stock for a long time, maybe in the future, the team in the villa over there can independently establish an investment company or something, specializing in holding these promising stocks that can be held for a long time."

"Then, can we also buy some goods from Chaofan Investment?" Liu Ying asked suddenly, "Since this stock is very profitable and can be used as a bottom line, shouldn't we also open an account to hold some?"

"That's not necessary. If necessary, you can divide some of the stocks you currently hold according to the shares and transfer them to your personal name." Chen Fan shook his head.

"Daughter-in-law, you think too much, no matter how good the company is, there is no such thing as a bottom line. In the business field, how many companies that were once prominent have ended in bankruptcy.

Today it seems that Qualcomm is infinitely bright, but who can guarantee that one day in the future, after the emergence of new technologies, Qualcomm will soon be swept into the garbage dump. I don’t believe that any company can say that there will be no problems. The statement that it is not for sale is nothing but a joke. "Chen Fan doesn't believe that there is any long-lasting industry. He really thinks that he can gain a foothold in the market by obtaining some monopoly resources. That can only be achieved for a while, but it cannot be established for a lifetime. Only by constantly pursuing progress can he have a chance to gain a foothold for a long time.

"How is this possible? Isn't that what the US stock god does? Many of the stocks he selected can continue to develop and make money. Most of these companies are companies that have experienced decades or even hundreds of years of testing. They are leaders in various industries. , People have said that it is not for sale, and the stock price seems to continue to rise, bringing huge profits to the stock god." Liu Ying did not agree with Chen Fan's words, and continued to defend.

"The industry leader, the industry's first, that is, when the industry encounters a crisis, it may have a relatively strong ability to resist risks. Generally, other companies have collapsed. It can survive to the end, but it does not mean that the company can maintain that position.

Only by maintaining the leading technology can we occupy the market and stabilize our position.But there is a problem here, that is, if the industry does not need it, what hope do you have for being the first?
As for the stock price you mentioned later, that is another matter. Do you really think it is the stock price driven by the company's development?I think the situation here is actually very complicated, and it will not be clear for a while. "

Chen Fan said a few words patiently, but he didn't fully understand some of them, so he could only stop here, but he also set a small task for himself in his heart. After studying the investment experience of the stock god, he might be able to find what you want.

But while talking, he glanced at Liu Ying beside him, and unconsciously thought how many people would look at him when he left. With his daughter-in-law by his side, he couldn't participate in some group activities. Although I can't say I have any regrets, I still feel that there are indeed That's not convenient at all.

The next day, Chen Fan received the designers of the decoration company at home, and they brought the decoration renderings of the new house for Chen Fan and Liu Ying to refer to.

The decoration idea was proposed by Liu Ying, because Chen Fan was only at home on weekends, so Liu Ying arranged this time to look at the design drawings, determine the decoration style, and start the decoration work of the new home as soon as possible.

"Let's keep it simple. I think this style is more suitable for me. I don't like the others very much. Either the colors are too complicated or monotonous." Chen Fan pointed to the design renderings and said.

Liu Ying also picked up the rendering and looked at it again. After thinking for a while, she nodded and finalized the plan. The best materials and workers are expected to be completed in one and a half months, and it will be ready to move in after a while. Chen Fan estimates Under the circumstances, it will basically not be possible to move in until the middle of the year, but it seems that I still want to be a little earlier, because at that time, my parents are likely to go out for travel again, and the time to really play a role is around the year after year.

But the house has already been bought, so we still need to decorate it as soon as possible, even if it is for the future wedding house.

Remembering how many times his parents quietly asked him and Liu Ying about their marriage considerations, Chen Fan felt a little overwhelmed. There must be no time to get married now. Maybe after the rice stock market is over, he should be liberated at that time.

However, according to the wishes of the parents, you can get the certificate first, and Chen Fan just played it perfunctory, and didn't promise anything right away.

Chen Fan was very satisfied with Liu Ying being his wife. He didn't have any other ideas, but he felt that the time was too tight. As for obtaining the certificate, he didn't feel that urgent.

However, Chen Fan paid attention to Liu Ying's reaction. She should have known about these things. Although he was not in a hurry, sometimes he had to be concerned about Liu Ying's opinion. After all, she had been with him for more than a year. , shouldn't she be given a title to make her feel at ease?
During the two days at home, Liu Ying still treated him as usual, looking busy, Chen Fan didn't feel anything special, but he started to pay attention to this matter, should he get the certificate first or do it? This engagement ceremony, Chen Fan quietly thought about it for a long time and still couldn't decide on it, so he had to wait and see.

After dinner on Monday, Chen Fan bid farewell to his family and returned to the resort to prepare for the new week of work.

During these two days of rest, Chen Fan, besides thinking about various issues, also briefly thought about how to operate the stock of Qualcomm in the new week. Analyzing the problem from the perspective of off-market funds, I quickly confused myself. In the end, I simply gave up thinking about it. I decided to wait until the market opened to see the tricks. Anyway, it’s all about learning. Pay some tuition and you’ll be fine. There is a first time.

After arriving at the trading room, Chen Fan saw that Zheng Xiaopang had arrived first, and Xiaopang was still very active in making transactions.

"How do you operate today? Do you have a plan?" Seeing Chen Fan enter the room, he asked straight to the point.

"Depending on the situation, if there are not many people chasing up, just stay here now. If there are too many people chasing up, we will only have one way to go up." Chen Fan said with a smile and sat on his seat.

After sitting down, he looked at He Li and said, "What do you think of what I said?"

"Mr. Chen's idea is very suitable. Now we don't know what other funds in the market think after the weekend. After the market opens, we can check the situation before deciding on the next operation." He Li replied hastily.

After staying together for a long time, Chen Fan has become familiar with He Li and the others. After hearing what He Li said, he just pointed at him with a smile and didn't say anything more.

"The June contract rose slightly, and the futures group has been quietly entering the market to open positions. I heard from them that the bulls have strong financial strength, and most of them are bullish on the June market." Zheng Xiaopang said to the computer screen.

"2500 points, it has risen by more than ten points." Chen Fan looked at the trend of the Nasdaq futures June contract on the computer screen, and there were obvious signs of volatility and rising. Now the stock market is actually mostly bullish, although last weekend The market has pulled back, but looking at the analysis reports after the market, the bullish ones still have an absolute advantage.

"Then the Nasdaq is likely to open sharply higher today, and there may be a chance to go higher." Chen Fan laughed after reading the market briefing.

Then I looked at the daily chart of Qualcomm. There are already two consecutive positive lines, and the latter two positive lines are very long. Although they look very strong, the last positive line has a long upper shadow line. Chen Fan was like a mirror in his heart, knowing what happened to the upper shadow line, but it was not the same for other funds in the market. They didn't know why such a graph appeared, whether it was to explore the way for the subsequent rise or After rushing high and falling back.

"It seems that there are a lot of reports that are optimistic about Qualcomm over the weekend, and it is estimated that it will open higher. Let's hold back and see if we can receive some sell orders. I think that fund will not take the initiative to pull up Qualcomm's stock price. It should also I will wait and wait until the funds that have been affected by the reports and rushed into the arena are exhausted before choosing the direction of operation." Chen Fan threw the briefing in his hand on the computer desk and said.

What Chen Fan said, Zheng Xiaopang nodded again and again, He Li and the others also nodded slightly, as if they didn't think there was anything wrong, but Chen Fan knew in his heart that his level was just like this, and his strengths were still The ability to seize opportunities.

"Okay, the time is almost up, and we will discuss it after the market opens." Chen Fan simply ended the topic, but he still asked Zheng Xiaopang: "Has the research data on technology companies come out? I feel like it's time Not too short."

"Should be soon, the list is so confirmed, I guess we are still supplementing the information, we were not very satisfied with Qualcomm's information last time, and we kept asking them to find new data, maybe they are getting information according to this standard." Zheng Xiaopang Just think about it.

"It's okay, I guess there's still time, the market is so slow this year." Chen Fan shook his head and chuckled.

"It's a little different from previous years, but if the market can be launched in the second quarter, it's not bad." Zheng Xiaopang also laughed.

"Do you think it is very likely that the market will start in the second quarter?" Chen Fan was startled, and suddenly asked again.

"Didn't you say that? It should start to rise in April, is it necessary to wash the market?" Zheng Xiaopang also hurriedly asked.

Chen Fan didn't answer this time, but shook his head, expressing that he was not sure.

"Is the June contract also a control point? The current point is at 6 points. If it really doesn't go up in the second quarter, the futures contract."

Seeing Chen Fan shaking his head, Zheng Xiaopang became a little anxious and hurriedly reminded him.

Chen Fan thought about the brightness of the Nasdaq index he saw a few days ago, and shook his head, "It's not that pessimistic, I'm just not sure if there will be a real market in the second quarter, you can think of it, and other people must also think of it, knowing why this year's market Is it so good? It should be that there are too many funds involved, so the main force simply procrastinates and does not act."

At the end, Chen Fan added, "That's how I see it. Everyone knows that they are all in the car. Who wants to be a driver for someone else."

"There is no market in the second quarter, so everyone is waiting for the third quarter, then the end of the year, and then next year, so how can we play?" Zheng Xiaopang is also thinking about this question quickly, "Is it right or wrong for us to operate this way? There is no such thing as a big market.”

Chen Fan spread his hands, and whispered to Zheng Xiaopang: "I'm not sure either. We had little experience last year, and we felt that there was a big market. After the operation recently, we found that the water here is deep. It's really hard to say."

(End of this chapter)