legendary trader

Chapter 648

Qualcomm’s 27-meter purchase price is rapidly increasing buying orders, and thousands of buy orders appear from time to time in the market, and it seems that there are a lot of follow-up orders. It has already started to sweep up the goods.

As Qualcomm's stock price broke through 27 yuan, more and bigger buy orders entered the market. At this time, Chen Fan couldn't tell whether these orders were entered by He Li and the others, but I believe that off-market funds also accounted for a considerable part of it. proportion.

Driven by these buy orders, Qualcomm’s share price did not stop there after breaking through 27 million yuan. The stock price continued to rise, and soon broke through 27.1 million yuan and 27.2 million yuan, approaching the small mark of 27.3 million yuan.

In fact, there are not many selling orders here, it looks like 22 shares, but it is slightly more than the previous selling prices listed below. It seems that many people in the market plan to appear here, so they listed such More sell orders.

"There are a lot of selling orders here, let's consolidate here."

Qualcomm's stock price has been going up for a while, and it's time to adjust, so Chen Fan said to He Li.

"Mr. Chen, the above 12 shares are our list."

As soon as he finished speaking, He Li hurriedly explained, "Originally we also planned to adjust here, so we placed some sell orders at this price."

"Huh?" After hearing what He Li said, Chen Fan wasn't too surprised, but he still asked, "So the selling order here is only about 10 shares. It seems that there are not as many selling orders as 27 yuan 2?"

"Yes." He Li replied.

"Then rush over and come down to see if there is a sale order."

Chen Fan thought about it and said, "It's been a round, it's time to rest."

After breaking through 27.3 million yuan, Qualcomm's stock price went up for a while, and after reaching 27.36 million yuan, it finally started to adjust the trend, and the stock price fell slowly.

At this time, the Nasdaq has stabilized around 2900 points. Although the market is under heavy selling pressure at the moment, the index still tenaciously defends the 2900-point integer mark, and has not been suppressed by empty orders.

At this time, Zheng Xiaopang suddenly stood behind Chen Fan and asked in a low voice: "The futures team is asking whether to increase the position of the December contract. Now they have opened nearly 12 lots. , Didn’t you let them control it at 11 lots before? Now their main positions are concentrated in the March contract next year, and there is a small amount of buying in the June contract.”

"How much is the December futures contract?" Chen Fan didn't look at the futures trend these days, but set the opening volume and direction for them.

"3127 points, it seems that the market is very optimistic about the trend at the end of the year." Zheng Xiaopang replied in a low voice.

Chen Fan rubbed his forehead, looked at the Nasdaq trend chart, and felt confident. Although he only saw that the Nasdaq index might be around 3200 points next month, it was enough for them to operate. You must know that the November index can approach 11 points. 3200 points, according to the current premium situation in the futures index market, the Nasdaq futures point may approach 3500 points by then.

The market in the second half of the year is indeed much stronger than the first half.

Chen Fan thought so in his heart, but he didn't show it. Instead, he repeatedly adjusted the daily chart of the Nasdaq, switching back and forth between the daily, weekly and monthly charts, as if he was thinking about the market outlook.

Then Chen Fan turned his computer screen to the Nasdaq futures, looked at the continuous trend chart first, then switched to the December contract and switched a few indicators. At this time, he seemed to have made up his mind, and said to Zheng Xiaopang : "Notify over there, increase the position, 12 lots, don't move too fast, the total position in the market is only 30 million lots now, increasing the position too quickly is easy to be noticed, let them hide."

"Okay." Zheng Xiaopang agreed, and then returned to his seat to send a message.

During this period of time, I didn't pay much attention to the trend of the futures index, mainly because Chen Fan was ambitious in the first half of the year and wanted to do a big job, but things backfired, but the market was not strong. I dare not open long positions unscrupulously, for fear of being noticed, so after the middle of the year, I basically gave up the idea of ​​​​doing long positions.

In his view, if the total position in the futures index market cannot be enlarged, then he can only open a small amount of positions there, and it is impossible to make a big move. The main force of Shenlong who sees the beginning and the end has found out, even if you are in the same direction as them, it is difficult to guarantee that they will be turned around first to blow up your position, and then turn around and continue to go long.

Last year, when he was still weak, he had personally participated in the shocks of the futures index market and the stock market. If he hadn't been able to see through the index changes and move around in the market in such a short period of time, it would have been accurate Grasp it, and finally make money.

But now that I think about it, I was really ignorant and fearless back then. Putting it on him now, Chen Fan wouldn't take part in that gamble even if he was killed.

I can only say that I was really lucky at the time, and the index was in a state of continuous decline. If a wave of index rebounded higher than the previous wave, I might be led astray, thinking that the market was reversed, and thus changing the direction of operation , was bloodbathed by others.

Now the number of positions held in the Nasdaq futures December contract has continued to rise significantly, indicating that the on-site trading is very active now. Except for the expiration of the previous trading variety at the end of September and early October, which caused a large amount of funds to be transferred to the December contract to open positions, after that In the current market operation, the total amount of positions has been rising steadily, and the entry of funds is very obvious.

The current position change is in line with Chen Fan's long-term guess. The futures index market position continues to rise. It should be that the mysterious main force is continuing to open positions. They continue to open positions, which means that this increase may be real. It's going to be a stir.

It seems that there will be more open positions in the contract in March next year. As long as the total open interest in the market increases, then open positions will follow. As long as the positions are well controlled and not exposed, it will be fine.

I switched windows silently, and re-displayed the trend of the Nasdaq on the computer screen. After a while, the high level and small flat bottom of the Nasdaq around 2900 points seemed to be coming to an end. The index rose slowly and approached the intraday high again.

Qualcomm's stock price has undergone a callback after a surge. The current stock price fluctuates repeatedly around 27.2 yuan. The trading volume has shrunk considerably at this time. Too many chips out.

Seeing this, Chen Fan knew in his heart that the adjustments made some time ago were relatively successful based on the performance of the market in the recent period. Most of the nonsense in the market had been washed out, and the chips were locked in very firmly.
(End of this chapter)