legendary trader

Chapter 768 Chapter 769 The Last Fire
On Friday, the market was a little restless during the opening call auction stage of the rice stock market.

As the three major indexes of rice stocks rebounded and rose to high levels again, market sentiment has risen again in the short term.

It was in such a market atmosphere that the Nasdaq opened at 4986.54 points, 46 points higher.

As for Qualcomm, Chen Fan wanted to push it up steadily, so he did not choose to open high and go high, but opened slightly lower, and finally opened at 71.75 yuan. After stabilizing, continue to attack.

The low-level shock is to clean up the floating chips in the market, and the subsequent upward attack is to pull out while pulling out, taking advantage of the current good market environment to get rid of as many chips as possible.

Chen Fan has completely given up the idea of ​​getting out of a high position. It is really difficult to leave the market perfectly due to the general environment of the rice stock market. Now he can only reduce his holdings of stocks as much as possible.

As for Oracle Software, before the opening of the market, under Chen Fan's instructions, Xiaoye quickly entered several big sell orders. Affected by this, the stock price opened at 43.41 yuan, a drop of 3 cents, but it made a smooth sale of 50 yuan stock performance.

With the opening of the market, Qualcomm's stock price retreated slightly after the shock. First of all, it quickly rushed higher and closed today's gap, and then returned to the opening price and fluctuated up and down. The Nasdaq opened higher and moved higher.

In less than 10 minutes after the market opened, the Nasdaq successfully stood above 5 points, and then continued to slowly rise to expand its space.

The stimulating effect on market sentiment after the Nasdaq regained its position above 5 points is obvious. It is impossible for Qualcomm to continue to adjust at a low level. After the adjustment, the new upward trend broke out in the market, and the entire rice stock market is expected to go out of a strong upward trend again.

After the buying orders were strengthened, He Li stepped up selling efforts to suppress the stock price as much as possible, and at the same time began to gradually raise the stock price.

Chen Fan has no opinion on this operation. He still has a lot of stocks in his hand, so if the market wants to go up, let's go up.

Qualcomm launched an upward trend ahead of time, and the situation with Oracle Software is similar. Almost all blue-chip technology stocks in the market have been sought after by funds at this time.

Obviously, the funds entering the market at this time are different from the hot money in the market in the past. It is more like a new large investment institution has started to build a position. Although I don’t know which institution is so fateful, it chooses to increase its position in rice stocks at this time.

The reason for making this judgment is, of course, that the buying orders in the market are obviously biased, and a large amount of funds are enthusiastically favoring blue-chip technology stocks instead of new stocks or small-cap stocks that were previously chased by hot money.

The amount of funds entering the market this time is obviously large, and the buying orders lasted for a long time. Although many stocks were affected and their stock prices rose considerably in the short term, the buying orders did not stop.

Seeing that the buy orders did continue to enter the market, Chen Fan, He Li and the others also adjusted today's operation plan after a brief discussion, followed the buy orders to quickly increase the stock price, and dumped a lot of chips along the way.

In this crazy pump-up, Qualcomm's stock price quickly broke through 72, 73, and 74 yuan
Seeing that the buy orders still showed no signs of decreasing after the stock price skyrocketed, He Li then continued to crazily increase the stock price and continue to let Qualcomm's stock price break through upwards, even if it still exceeded today's trading plan.

It is good to sell more stocks at a high level, not to mention that when the stock price rebounds, you can also sell a lot of chips.

Qualcomm's stock price soared again under He Li's thinking.

The skyrocketing rise of Qualcomm’s stock price not only attracted some profit taking, but also attracted a lot of hot money in the market. After seeing Qualcomm’s sudden surge in volume, they also entered the market one after another to grab funds.

At this time, the adjustment trend that was carried out more than two months and nearly three months ahead of the market has played a role. Almost everyone who sees Qualcomm’s daily chart will think that Qualcomm’s stock price has completed the adjustment, and it seems that it will start an upward trend again, especially It is in such a special time period as now.

Chen Fan is always paying attention to the changes in Qualcomm's order, and he sincerely admires the institutions that are still mobilizing huge sums of money to enter the market.

There seems to be no limit to the number of strong buy orders, but according to time. The crazy buying lasted for almost half an hour before subsiding gradually. The rare huge amount, of course, during the period, a lot of hot money in the market was affected and chose to increase the position on Friday. After all, such an obvious new huge amount of money entered the market.

"He Li, what do you think the source of this wave of funds is?"

Chen Fan was really curious about this fund, so Chen Fan asked casually.

"It's hard to say, judging by the choice of their shot, it should be a large pension fund or sovereign fund. Only such funds have such great energy. If they don't move, they will sweep the market for half an hour. They don't care how much they spend. money."

He Li shook his head and sighed while placing a sell order to the market.

"It should be because I saw that the adjustment was coming to an end, so I couldn't help but enter the market. It would be fine if I increased the position, but it would be miserable if I had funds to open a new position."

Zheng Xiaopang was making sarcastic remarks on the side, because he always worshiped Chen Fan's judgment like a god, so at this time Zheng Xiaopang still tended to think that the market would peak around 5 points. Seeing that people bought a lot of stocks at this time, of course It's too much fun.

Although it only took half an hour, Qualcomm sold more than one million shares in the market, and this amounted to more than 8000 million yuan in cash. Xiaoye and he also sold Oracle software shares aggressively at this stage, and they did not use automatic trading programs. It's just that tens of thousands of shares are thrown out, and it's over, aiming at the buy orders listed below.

This sale was the one that Zheng Xiaopang felt most relaxed. He and Xiaoye alone sold nearly 2 million shares of Oracle software.

The Nasdaq also touched 5078.86 points during the session under the influence of this wave of strong capital sweeps. So far, the intraday increase has exceeded [-] points, and it is only an hour away from the opening.

After this buying order subsided, the market naturally began to turn into a callback trend. Although there are still many buying orders entering the market, it is impossible to maintain the previous strong trend.

But the timing of this buy order is so good that many institutions and individuals who were skeptical of the market before gave up their previous ideas. With such a powerful institution that is bullish on the market, there is no reason to worry.

Seeing that the high enthusiasm in the market was gradually cooling down, Chen Fan decisively ordered to start a correction and return to the previous plan, so that the rhythm of the rise could not be affected.

He Li hesitated after hearing what Chen Fan said: "Mr. Chen, the current stock price is 76 yuan. If the plan is not revised, the subsequent transactions today will be a unilateral decline."

Chen Fan knew what He Li meant. The previous plan was to push it up slowly, mainly because Chen Fan couldn't determine when and where the high point of this rebound would appear, and the push up was entirely based on the trend of the market. And move.

And just now, Chen Fan has seen that the brightness of the Nasdaq has almost disappeared.

5078 points should be another high point of this bullish trend, Chen Fan told himself in his heart that the market has peaked.

But when it was time to think about Qualcomm's trend, Chen Fan felt that although the market had already peaked, the popularity seemed to be very good, and it was not time to change the operation plan and start selling.

The short-term slump in the market is actually caused by the half-hour euphoric trend. Whether it is the market or individuals, there is such a physiological period, which is not surprising.

Chen Fan intends to continue trying to push up Qualcomm's stock price until the market realizes that the market has reached a peak before starting to sell down. After any top is formed, it will not be recognized by the market immediately, and it is often only after the market has fallen sharply. It was gradually realized that this period of time in between is actually an opportunity for shipments, especially since the stock in hand is Qualcomm.

During this period of time, Chen Fan spent a lot of money to increase the exposure of this stock, so he naturally hoped to get the maximum effect.

The Nasdaq is still consolidating strongly above 5050 points. Although the market turnover has shrunk compared with the previous ones, it has not decreased at all compared to the previous few days, and the market transactions are very active.

"Now that the market is doing well, it's really good to suppress shipments."

Chen Fan pointed to the computer screen and said to He Li.

Knowing that Chen Fan has made up his mind, He Li is naturally reluctant to say anything. Although he feels that the market is good at this time, it is the time to steadily push up the stock price. In fact, as long as it rises today, no matter where the market closes, the trend chart will look good.

Chen Fan wanted to return to the previous plan, and He Li had no choice but to follow suit, and began to increase the volume of sales to the market, gradually driving down the stock price.

At this time, the market was still affected by the buy order, and the index showed quite strong resistance. Most of the individual stocks also maintained strong fluctuations and were unwilling to pull back.

However, Chen Fan's side has already started to kill the stock price regardless of his disregard. Although the intraday funds resisted, they could not consume the main force of the market who deliberately left the market, and Qualcomm's stock price began to fall.

When Zheng Xiaopang saw that Qualcomm started to sell back, he naturally began to sell more shares in Oracle software, directly suppressing Oracle's stock price from around 45 yuan to 44.5 yuan.

Of course Zheng Xiaopang would not give up when the stock price fell here. Just as he continued to suppress shipments, the market makers of Oracle Software also stepped in to protect the market.

At this stage, the market as a whole is fairly stable, and the market makers also have big ambitions, so naturally they will not allow the stock price to fall.

In an instant, the trading volume on the Oracle software surged, and the long-short duel between Zheng Xiaopang and the dealer started.

"Chen Fan, come and help me, I'm fighting with the dealer."

Zheng Xiaopang said.

"what happened."

Chen Fan was staring at the Qualcomm board during this period of time, and didn't notice Zheng Xiaopang's actions on the oracle bone inscription, but after hearing Zheng Xiaopang's call for support, he naturally shifted his attention and started to watch.

It soon became clear what was going on. Chen Fan hated iron for being weak. Does such a simple operation still need support?

"Our purpose is not to suppress the stock price, Fatty, now that they are protecting the market, you can just slowly sell the stock, regardless of whether the price goes up or down."

Chen Fan scolded with a smile, "Isn't it just right for them to sell more stocks at a high price, and you are so anxious to ask me to help you suppress the stock price, shit."

"Yeah, what do I think?"

Zheng Xiaopang patted his head annoyed, thinking habitually, seeing what Chen Fan was doing, he just took pictures of cats and dogs on his side, but he thought about it.

However, at this time, Chen Fan also noticed that the light on the Oracle software stock seemed to have basically disappeared. This stock should have peaked in the short term. Thinking of this, Chen Fan began to pay attention to the changes in the Oracle market.

At this time, the situation of long and short positions on the market made Chen Fan very strange. It stands to reason that the dealer should not be so generous in protecting the market at this time. They have reached the target position. Does this stock still have a new high point?

But it shouldn't be, I can't see that there is still room for growth.

But then Chen Fan figured it out, regardless of whether there is room behind him, anyway, it seems that there is no possibility of continuing to rise, and it is time to clear the position.

Don't worry about what will happen to the banker, and don't bother to worry about it. You just need to manage yourself and dump all the stocks.

"Continue to increase shipments, and Oracle will ship them all by next Tuesday at the latest."

Chen Fan took a look at his current position. There are still tens of millions of Oracle shares. If he continues to maintain this kind of trading today, there is a chance that the stock will be reduced to tens of millions of shares.

Although Chen Fan was surprised that so much money entered the market today, he didn't pay much attention to it. It was destined to die in the market.

But despite this, Chen Fan still took out his mobile phone and called Zhang Quan. Although the distance between the two was actually very short, there were only two rooms between them, and Chen Fan didn't bother to go there.

"Hey, Zhang Quan, pay attention to the instant news in the market now, especially the intraday analysis reports released by analysts, which involve the market or Qualcomm and Oracle's timely reports."

After the call was connected, Chen Fan immediately instructed the other side, and after getting a response from the other side, he said into the microphone: "Also find out where this wave of funds came from."

After the call, Chen Fan put away his phone and continued to pay attention to the trend of Oracle disk.

Under Zheng Xiaopang’s continuous selling pressure, the dealers of Oracle seem to feel something is wrong. The market selling pressure they encountered this time is definitely not the scattered behavior of market investors or the reduction of positions by small and medium-sized institutions. Judging from the trading volume in such a short period of time today , It must be that a large institution is reducing its position.

If you look at the previous stock price upswings, if a group of people did the several sell-offs, then it must be a super large institution that is reducing its position.

In just such a short period of time, Chen Fan didn't know what kind of judgment the Oracle banker had made, but he still keenly noticed that the stock price of Oracle software began to decline, and the buying orders in the market began to decrease obviously.

That is to say, Zheng Xiaopang and Xiaoye did not go crazy, so the stock price of Oracle Software is still falling very slowly. However, once this trend is finalized, the follow-up selling orders will bring the stock price to a point of no return.

(End of this chapter)