legendary trader

Chapter 746 747 Arc Bottom

Xu Jing didn't have an idea for a while, and vaguely remembered that she had heard someone say something about the situation before, and she really didn't remember how they solved it at the beginning. Xu Jing could only make up her mind and go back to find someone to ask. There are many experienced combatants who should have dealt with similar situations.

"This time, because it is the rice stock market, not the individual stock market we are promoting, my idea is that if the market ends, the rice stock market will inevitably plummet. At that time, the stocks in hand cannot be sold, so I can only follow the textbook. The way we talk about it is to directly hedge risks in the futures market with short orders."

Chen Fan didn't hide it, and directly expressed his thoughts.

Zheng Xiaopang on one side stared wide-eyed, and scolded Chen Fan countless times in his heart. When he brought up this matter last night, what kind of words and expressions did he have, what kind of words and what kind of words did he say in front of an old woman today? Expressions are really not a thing.

Seeing Zheng Xiaopang's expression, Chen Fan smiled and said, "What I'm talking about now is different from what you mentioned last night. Although the operation is the same, the purpose is different."

"Well, you're right."

Zheng Xiaopang didn't know the meaning of Chen Fan's words, so he just nodded in approval.

"It seems that this is really the only way to go, but you have to watch the spot, otherwise if you miss the point and let go on the mountainside, the loss outweighs the gain."

Xu Jing also thinks it is feasible, but the difficulty is a bit high, because it is necessary to see where the high point of the market is.

As the saying goes, do not say the top of the rise, do not say the bottom of the fall.

The market goes up and down, talking about the top and the bottom is pure nonsense. Wherever the point is analyzed, it is all come out. The top-level master can roughly guess an area, and it may end in this area, and generally The accuracy is not high, and it is often more accurate to judge after coming out.

Because whether it is the top or the bottom, in fact, the buying and selling strength of the market at that time is affected by the market atmosphere, relatively speaking, it should be blind, everyone is following others, and there is no sense at all.

Bottom in despair and peak in madness are actually expressing what people's mentality is like at the time of the big market.

With such people, it is not easy to rationally analyze the high point or low point.

"This is not important, because even if we are shorting the futures index market, we must do it slowly. It cannot be done overnight. That is to follow the trend, and it is impossible to operate against the trend. I have no plans to commit suicide."

Chen Fan only smiled when he said this, and continued: "I remember that in addition to mentioning futures in the book, options were also mentioned in the book. I have never touched this thing. I don't know if Miss Xu knows?"

"You want to sell options to the outside world? This can be done, but I'm not familiar with it. I'll ask someone when I get back, and I'll talk to you about it."

Xu Jing nodded after thinking about it. This is also a way to transfer risks through options. Once the market reverses, she can lock in this part of the profit so that the option holders will lose the money. Of course, if Chen Fan misreads the direction , this part of the profit belongs to others.

"Ms. Xu will pay more attention to the options trading on the US side when she goes back. At that time, we should have to go to that step. There is something that needs special attention, that is, confidentiality. Now we are operating on Qualcomm. I estimate that the rice stock market will The banker doesn’t necessarily know that we are doing it here, and once there are a large number of option transactions, I’m afraid they will be found by others.”

After Chen Fan finished speaking, he stared at Xu Jing to see what she had to say.

"Looking for an agent, I will pay attention to this, try to avoid investment banks in the United States, and find an agent on the European side to handle this matter."

Xu Jing thought about it before saying.

"By the way, I saw a large-scale stock exchange here two days ago. Many of the stocks held before have been reduced, and many unknown small companies have been added. How can this happen?"

Suddenly Xu Jing remembered the transactions of the previous two days. The trading team here had done a lot of transactions, and it seemed that they hadn't finished it yet, because there was still a large amount of stock buying and selling going on in the early hours of this morning.

"Large-cap stocks have limited gains, and I think most of them have come to an end. Have you noticed the recent new stock transactions on the rice stock market? The new stocks and sub-new stocks are sought after by hot money in the market, and the speculation is very strong."

Chen Fan explained with a smile.

"I know that institutional investors on Migu will generally not choose to buy the stocks of these new companies, not only because of the short listing time, but also because these companies themselves have not been established for a long time, and most of the company's business is still in its infancy. , can’t see the market prospect at all.”

Xu Jing nodded, expressing that she knew this characteristic of the rice stock market in the past two months, which is really a very different operation mode from the previous rice stock market.

"Now the focus of the market is actually on these stocks, because these stocks have not been speculated before, so the prices are generally very low. This is just a good time to speculate. This is also the reason why I judge that the market is about to peak. The quality is excellent. The stock price has no room to rise."

Chen Fan said lightly.

"I understand, I will pay attention to options market transactions after that."

Xu Jingruo realized something, but quickly nodded in agreement.

After chatting for a while, Xu Jing left the holiday villa and went back to the imperial capital, and Zheng Xiaopang did stretch his waist and said with a smile: "From what you mean, the matter here is finally coming to an end."

"Yeah, it's coming to an end, I guess it will be over in February at most."

Chen Fan nodded and said: "At that time, the work here will be over, let's rest for half a year, and then we will start to operate Maojian Liquor. You didn't listen to what Wang Erge said yesterday, and put Maojian Liquor on the market before the end of the year, hehe .”

"The performance of Maojian Liquor is also considered good. It will definitely be no problem to go public. It will depend on how we operate the stock at that time."

Zheng Xiaopang nodded, another big task.

"The operation is simple. When we go public, we not only don't move, but also look for opportunities to suppress the stock price and create conditions for low-level fundraising." Chen Fan smiled, and didn't feel any pressure on Zheng Xiaopang's big job.

"It just feels like insider trading."

Zheng Xiaopang said suddenly.

"At this stage, with such a size, do you think it will return to what it was the year before? Millions and tens of millions, just go with the dealer. Now that the funds are so big, who else can I talk to besides myself?" Chen Fan shook his head and said. .

"Foreign exchange, gold and other places can be mixed."

Unconvinced, Zheng Xiaopang responded directly to Chen Fandao.

"That's right, take a rest and see if there is any chance. Don't we have an oil company? See if we can raise the price of oil when we see it. You bragged about it back then, haha"

After Xu Jing left, Chen Fan and Zheng Xiaopang continued to brag and fart in the tea room to kill time, but neither of them thought that the rice stock market would change suddenly tonight.

The rice stock market on Tuesday continued the previous trend, opened higher and fluctuated, but as more and more selling orders were placed on the market, the Nasdaq began to pull back slightly.

However, Chen Fan and the others certainly wouldn't care about such a market trend. No matter how many times, they don't worry if there are too many similar trends. smooth.

But soon Chen Fan noticed that today's market was a bit strange. The selling orders were very long-lasting. Half an hour later, the market had stabilized at this time, but today, the market selling orders did not decrease, and there were still large sums of money pouring out. It also keeps fluctuating and falling back. Although there are a lot of buying orders, it is still not enough compared to this time's selling orders. Gradually, the bulls can't bear it.

When the Nasdaq gap was completely closed, market sentiment was shaken instantly.

"It fell below 4130."

Zheng Xiaopang said inadvertently after watching the Nafinger completely close the gap.

"The market is a bit weird today, and it seems to be adjusting."

Chen Fan thought about it before he said.

"Well, you said it before, it seems to be true, this time the banker chose to break through 4000 points before adjusting, do you think 4000 points will be lost?"

Zheng Xiaopang continued.

Hearing Zheng Xiaopang talk about market adjustment, Chen Fan felt a little belated. Before that, his thoughts were concentrated on the analysis of the top of the market, and he forgot about the market adjustment. Now that he thinks about it, it is true that the Nasdaq broke through 4000 There was no decent dishwashing action before and after the o'clock, and this time I am afraid it will be a concentrated explosion.

"It should be."

At this moment, Chen Fan's attention has shifted to the analysis of this market adjustment, and he just made a perfunctory sentence.

As the Nasdaq fell below yesterday's closing point, the market sentiment obviously began to dissipate. There are many people who are bearish on the market trend today. After all, the market continues to rise, and there is indeed a lack of cleaning to consolidate the bottom. Everyone is not stupid, but they just wanted to make money as soon as possible. , make a lot of money, this point can be ignored artificially, but today, even now, although everyone has a hunch, but based on the previous internal similar trend, many people still wishful thinking that it is just an intraday adjustment. return.

Previously, Chen Fan hadn't been sure how to go after Qualcomm, how to complete the shipment at the top, and now he saw that the market was going down and down, and the Nasdaq had already fallen below 4120 points. It seems that he intends to test the support of 4100 points. , My heart became active, and I began to have some ideas.

"He Li." Chen Fan suddenly called out to He Li, asking him to come over, and then raised his hand to beckon Zheng Xiaopang to come over as well. The three of them squeezed together in front of Chen Fan's computer desk, and Chen Fan began to operate the mouse and draw lines.

"At the beginning, I was thinking of going sideways around 80 yuan. During the sideways trading, I started to ship. If the index continues to rise sharply after a certain period of time, our sideways trading will be pushed up to 90 yuan. Continue to trade sideways and continue to ship.”

Chen Fan first used the underline function to draw a line on the Qualcomm trend chart to indicate his initial thoughts.

He Li and Zheng Xiaopang both nodded slightly at this time. In terms of the current strong rise in the market, high-level sideways shipments can be regarded as a way. If the steps are steadily rolled out and the order rises step by step, the popularity will not be easily lost. That is, the sideways time of this step cannot be too long.

"But now I have a new idea." Chen Fan quickly erased the horizontal plane left before, and drew a semicircle behind the current daily line.

"You say, how about making a circular bottom between 80 yuan and 60 yuan?" Chen Fan looked left and right after speaking, waiting for the two of them to express their opinions.

"Do you expect that this market adjustment may take some time, and the magnitude may be relatively large?"

Zheng Xiaopang asked with a frown, because he and Chen Fan have been together for a long time, since Chen Fan said new ideas, they did not exist before, there must be an incentive to have new ideas, is there any doubt about the incentive now?

Of course, it is the dishwashing behavior of the market.

"I have this feeling, at least a week of adjustment, we will take advantage of this adjustment, at 80, then to more than 70, and finally to 60, gradually draw the left side of the bottom of the arc, and then at 6, 70 Shipments in the vicinity fluctuate, and the low point can also be slowly raised, following the market trend to make a circular arc to the right, once the market is not good, immediately smash the market and flee.”

Chen Fan continued, "This will prevent the stock price from staying at a high level all the time, and we still need to keep the stock price running smoothly. Although we will lose some profits because of this, there is a bottom of the arc. I guess the shipment will be smoother. After all For off-market funds, once the arc bottom is completed, it must be an upward breakthrough trend, and naturally there is a reason to buy."

"The Nasdaq is about to challenge 4100 points."

Zheng Xiaopang looked at the daily chart of Qualcomm drawn by Chen Fan, glanced down unconsciously, and shouted instantly.

While they were talking, the Nasdaq had fallen below 4110 points and started to approach 4100 points.

"I have no problem. If we operate this way, our pressure will be much less."

He Li thinks from his own side, and feels that lowering the price in this way is really conducive to shipments. After all, his main job now is to sell stocks to cash out. Can he still sing the opposite of the work that is beneficial to him?

Absolutely not, it would be a fool to do so.

"That's it, as long as we sell all the stocks above 60 yuan, we will not lose money."

Zheng Xiaopang didn't hesitate, He Li continued after he finished speaking.

"Then you have to know what to do next, and you can do whatever you want. You can discuss it in advance. The main thing is to consider the impact of the market."

Chen Fan thought it would be good to do this, since none of them objected.

Soon after He Li had a brief exchange with a few traders, Qualcomm's stock price began to fall from 90 yuan. To be honest, it was really hard to maintain the stock price here, and it was impossible to sell many stocks smoothly.

Well now, Chen Fan offered to lower the price and follow the market trend to lower the price. As long as the operation is done properly and does not cause panic, it will be considered a success. No matter whether the stock price rises or falls, there will be no shortage of sell orders in the market, and of course there will be no shortage of buy orders. How did they operate.

The work was thrown out again, and Chen Fan felt a burst of relief.

"I just sent the news that the market may adjust for about a week to the stock trading group and the futures group. When the stock group adjusts positions, and the futures group can stabilize when they open positions."

At this time, Zheng Xiaopang said suddenly, but maybe because he heard Chen Fan say that the market should be adjusted, although he thought of it before, he still seemed not very interested.

Chen Fan glanced at his computer, "Oracle has lost 29 pieces of defense."

(End of this chapter)