legendary trader

Chapter 749 750 Hot Money Crazy
Although the Nasdaq opened much higher on Tuesday, it fluctuated around the opening point for more than two hours after the opening. As new stocks and sub-new stocks became active again in the market, market sentiment was stimulated again. The Nasdaq began to rise slowly and finally broke away from the consolidation trend .

The fluctuating and rising market continued until the close, and finally the Nasdaq closed at 4696.69 points, up 119 points, or 2.6%, throughout the day.

Qualcomm also gathered a lot of popularity after the market sentiment recovered in the second half. He Li just opened the way with a small order, and followed up with follow-up orders to enter the market. Qualcomm's stock price once rose to around 74 yuan during the session. In the last half hour, see With the general trend of the market set, He Li began to sell down again.

Qualcomm's stock price was continuously pushed down by the continuous selling orders. In the end, Qualcomm's stock price closed at 71.22 yuan. Although it was still in a sharp upward trend, the upper shadow line still showed that the upper pressure was huge. The stock price seemed to need to gather momentum to complete the upward trend. breakthrough.

This was deliberately done by He Li and others after discussion, because they wanted to ship, so naturally they couldn't raise the stock price too high. It will weaken the market's buying orders. At this time, the quantity of shipments is what they care about most.

The trend of Oracle Software is also very strong today, slightly stronger than Qualcomm, and finally closed at the second highest point of 37.12 yuan to close at 5559 million yuan, an increase of 8.19%.
The stock market continued to rise on Wednesday, and the Nasdaq finally closed at 4784.08 points. However, before the close today, the market’s selling pressure has increased significantly, because the market has expected that the market may turn into a market adjustment in the next two days. Cash out in advance.

Qualcomm’s share price did not follow the market’s rise today, and has been fluctuating around 70 yuan since the market opened. As the market continued to rise, although there were many buy orders entering the market, they were all firmly suppressed by the stocks sold by He Li. Next, this is what they hope to sell more chips through low prices.

In the end, when the Nasdaq weakened in late trading, it continued to adjust downwards. In the end, Qualcomm closed at 69.5 yuan, down 2.42%.

The trend of Oracle Software is a bit unexpected. According to Chen Fan's thinking, this stock should start to accelerate to the top. But in fact, Oracle's trend today is very similar to that of Qualcomm, which seems to reveal signs that the main force is shipping.

It was also because Chen Fan was selling Qualcomm shares aggressively, and the trend of Oracle Software happened to be similar to that of Qualcomm. Ready to ship.

Of course, Chen Fan is not very sure about this, because after several resumptions, if Chen Fan only looks at the stock price from the perspective of operation, it is just an adjustment. normal.

However, it was because of the seemingly normal trend that Chen Fan was even more convinced that someone was selling stocks. In the end, the closing price of Oracle Software was 35.75 yuan, down 1.37 yuan, or 3.69%.

So far, the market seems to have become the world of hot money. Every day, they will promote the continuous rise of small and medium-cap stocks, especially new stocks and sub-new stocks. Because the market sentiment is too strong now, they only need to buy enough chips for one stock. Then the stock price can be pulled up at a small price.

At this time, newly listed stocks have natural advantages, because as long as a satisfactory price is given on the day of listing, the trading volume will explode, hot money can easily complete the process of absorbing goods, and the cost of holding such stocks is very easy to calculate The advantages in all aspects are far from those of those old stocks that have been listed for many years and have been deeply involved by institutions.

On Thursday, March 3, the Nasdaq opened sharply higher as usual. After opening at 2 points, it oscillated repeatedly above 4816.81 points. The intraday highs were also refreshed several times. However, in the second half of the transaction, the index began to fall unsurprisingly. , The market entered a state of adjustment, and finally the Nasdaq closed at 4800 points, down 4754.51 points, or 30%.

Qualcomm's stock price fluctuated below 70 yuan in the first half, and it also made several attempts to hit 70 yuan during the session. However, at this time, He Li followed Chen Fan's instructions before the opening, just a feint attack, and did not invest money to boost it. The stock price, but to attract follow-up orders to ship.

When the Nasdaq weakened in the second half, it decisively began to sell stocks. In the end, Qualcomm’s stock price closed at 66.09 yuan, down 3.41 yuan, or 4.91%, with a turnover of 7056 million yuan.

The reason why Chen Fan intervened in the market trend again is actually very simple. Up to now, there are too many Qualcomm stocks in his hands, and the time for the market to change is getting closer and closer. It has been deformed and plans to make two arc bottoms in a row. Of course, it can also be regarded as the bottom construction of a large double bottom. In a word, everything we do now is for shipment.

The trend of Oracle software is not strong. Although the stock price remained above 36 yuan for most of the day, after the Nasdaq weakened in the afternoon, the stock price still fell with the index, and finally there was a diving trend before the market closed. It quickly fell back to 34.25 yuan, a drop of 4.2%.

However, after the market closed, Chen Fan did not leave the trading room. He sat there and conducted a review of the Oracle software, because the performance of this stock in the market seemed to be that the main force was already shipping, but the stock price he saw was high. It was above 40 meters, about 42 meters, maybe higher, which made him a little embarrassed.

When confirming the dealer's shipment, it stands to reason that Chen Fan should not hesitate to follow the shipment, and he should sell violently, breaking the rhythm of the dealer's shipment, and forcing the other party to protect the market, but obviously this stock still has a high level.
Could it be that there will be some good news for Oracle Software in the next few days to support the stock price?
At this time, Chen Fan was a little undecided, so he just communicated with Zheng Xiaopang about the oracle bone inscriptions he saw now, and wanted to see Zheng Xiaopang's opinion.

Zheng Xiaopang lightly tapped the desktop with his fingers, stared at the Oracle software trend chart for a long time before asking: "What is the probability that the stock price will reach 40 yuan?"

"Sixty percent." Chen Fan could only say vaguely. It seems to be too little to say fifty percent. Although he didn't miss the ability in his heart, he can say that he is 100% sure at this time, but in reality he can't. explain.

"Sixty percent is not low, but there is a high possibility that the stock price will still rise, so maybe the dealers you see are selling short, and the dealers of this stock are washing the market."

Zheng Xiaopang said without thinking for too long this time, "Oracle's evaluation is still good. In the current software market, it is second only to Miruan, but the comparison between it and Miruan is actually of little significance. Comparing the markets of the two companies Shares are not the same thing, Miruan occupies the operating system, Oracle occupies the business application software.”

"You mean that my analysis was wrong. The market maker didn't sell this stock, but just made the stock price look like a shipment to wash the market?"

Chen Fan asked back, but actually he was also analyzing Zheng Xiaopang's words in his heart. When did he start to feel that the dealer of Oracle Software started to ship, which seemed to be the same time as Qualcomm's shipping method.

Because the rise and fall of the two stocks are really close in the past few days, I have the illusion that the dealer of Oracle software is also shipping, so has it shipped?
Although Chen Fan didn't come to a satisfactory conclusion in the end, at least bragging with Zheng Xiaopang for a while made him temporarily dispel the idea of ​​selling some stocks first, so it's better to wait.

On Friday night, I had a meal and Zheng Xiaopang came to the trading room and sat down, quietly waiting for the rice stock market to open.

In fact, the trend of rice stocks has not been exhausted during this period, and Chen Fan's necessary actions have been arranged. Chen Fan does not need to stay here any longer, and has to stay in front of the computer all the time.

However, Chen Fan feels that it has reached the final stage of this rice stock transaction. Maybe the market will still operate according to the brightness changes he saw before, but some stocks will still have sudden movements, so it is best to be conservative and stay in the market. Here, respond to market changes at any time.

Neither Chen Fan nor Zheng Xiaopang had any expectations for today's transaction. The rice stock market generally adjusts for at least two days, and the correction that started yesterday should continue today, so Chen Fan just thought about waiting to see what can happen today. How much stock to drop and no other thoughts.

As the Nasdaq opened higher than expected, it opened 4846.01 points higher at 92 points, which not only directly covered yesterday's adjustment range, but also directly opened at a record high, instantly making Chen Fan feel that today's trend may not be so flat, maybe it will Very interesting maybe.

At this time, Chen Fan didn't care about the opening price of individual stocks. He only cared about whether the stocks in the portfolio were sold or not. As for any price, they were all profitable. The meaning of price here is only the difference between earning more and earning less.

After the market opened, there was no drastic trend. The Nasdaq did not go out of the opening skyrocketing trend that everyone expected, but fluctuated and fell back, as if today's opening point was just a joke for everyone.

"It still fell. Looking at the opening, I thought the market was going to skyrocket."

Zheng Xiaopang twitched his lips, obviously a little disappointed with the market trend a few minutes after the market opened.

Indeed, today's sharply higher opening of the market has stimulated many people. Although most people think that the market will continue to adjust, but today's opening point is indeed unexpected, so there is such a glimmer of hope in their hearts.

"The previous few times were not all pullbacks for two or three days. It was an accident to open higher today. Maybe money came in to grab stocks again. Don't be too surprised."

Chen Fan has no idea about today's trend. Although the high opening made him have some ideas for a short time, but after the market opened, he knew that he was thinking too much. I chose to pretend to be wise.

"If it falls today, shipments will not be ideal."

Right now, Zheng Xiaopang just wants the market to be stronger and sell all the stocks in his hand as soon as possible. The work here will be over, and it's really meaningless to keep dragging here.

"Let's go with the flow. It's just a question of earning more and earning less. In fact, there is no need to be so entangled. It is not bad to double the income in a year."

Chen Fan smiled, he was also very helpless about the trading volume trap encountered by Qualcomm's shipments.

However, it is known from He Li and others that after the top of the rice stock market, there will generally be a relatively mild downward trend. In fact, most of the main players will appear at this time. It is just an adjustment of the upward trend, so even after the Nasdaq peaks this time, there are still a lot of opportunities to ship.

But Chen Fan didn't want to spend it in it for a long time. Although they seemed to be very used to trading in rice stocks, Chen Fan was still not used to it. This trend was slightly different from that in China.

Once the top of the domestic market appears, there will often be a sharp decline in the short term, and then the decline will gradually slow down. Callbacks may have extreme trends in certain time periods, but the overall trend is relatively mild.

After the Nasdaq fell for more than ten minutes, the index also fell to around 4810 points, and it was about to fall below 4800 points. At this time, the market sentiment was relatively desperate. It seemed that no one would have thought that there would be a chance to rise today, falling below 4800 points, and returning to 4700 points Click, maybe that point is where the index should be today.

When the Nasdaq gradually approached the 4800-point mark, new and sub-new stocks in the market became active again. Chen Fan also noticed the changes in the market immediately. Fan will not pay attention to the trend of such stocks, after all, the continuous rise of these stocks represents the attitude of hot money towards the market.

If this kind of new stocks and sub-new stocks are no longer active, Chen Fan can't guarantee that he won't choose to flee by smashing the market. He won't believe that when the hot money in the market can't find the hyped products, this stock market still has a chance to become a hot spot. The market continues to rise from point to point.

It is the main funds that really affect the rise of the market, but the most sensitive funds in the futures index are still hot money in the market. They are more accurate in the movement of the main funds in the market. Whether it is the US market or the US market, there is a common feature in the stock market that hot money is the most sensitive fund in the market.

Seeing that hot money is active again, Chen Fan just sneered in his heart at this time. Maybe this group of funds will stumble this time. He doesn't have a good impression of hot money in the market, and of course he doesn't have a bad feeling. At least he hopes that when they are crazy It can only be a fantasy that there will be hot money entering the market to pick up the order when it is smashed and shipped.

Chen Fan doesn't think that hot money can activate the market. If the market is to be activated, at least the main funds must be able to do it.

But in Chen Fan's cold eyes, the Nasdaq market has changed inconceivably.

It started with new stocks taking turns, and soon expanded to sub-new stocks, and then small-cap stocks started to start again, and then the rising effect gradually extended to some large and medium-sized stocks that have recently been more active in market maker funds.

Just as Chen Fan was completely bearish on the market, the Nasdaq stopped falling and rebounded before the 4800-point mark.

(End of this chapter)