legendary trader

Chapter 781 782 Oversold Rebound
"All the European stock markets have plunged and closed. This time, rice stocks are going to poke a hornet's nest. Tomorrow, our side will follow suit."

Zheng Xiaopang also slumped on the chair at this moment and said, the market has suspended trading again, and everyone has nothing to do at the moment.

"After trading resumes in a while, what do you think will happen today? Is it still the same as yesterday?"

Chen Fan suddenly asked everyone in the room, he always felt that there was something going on today, and he would not repeat yesterday's transaction so simply.

"It's hard to say. According to you, today depends on the actions of the main funds. It is estimated that it was designed by someone, so I should not be able to bear this tone."

Before He Li and the others could speak, Zheng Xiaopang said, "Pull them up in retaliation and blow them up."

After Zheng Xiaopang finished speaking, the trading room fell into silence, but at this moment everyone turned sideways and looked at Zheng Xiaopang.

Being stared at by so many people, Zheng Xiaopang soon became uncomfortable, "Did I say something wrong?"

"Hehe. No, it was originally meant to let everyone speak freely, and it doesn't matter what you say."

Chen Fan smiled, but he was also thinking about this matter in his heart, Zheng Xiaopang could see it, was the bear prepared?
In fact, what Zheng Xiaopang said was the same as his thinking, but he couldn't figure out where the short-sellers' confidence was. Could it be that he could control the movement of the main funds? If he really had this ability, he wouldn't be hacked back then It's like chopping vegetables.

What Chen Fan didn't know was that the short-sellers dared to intervene at this time, of course there are means. For them, knowing that the main funds are strong, they will naturally not go head-to-head like last time. They are planning to cut their flesh with a soft knife this time.

In their view, there are leeks in the market, and it is not a matter of when to start harvesting, but the premise is to keep the main funds under control and not let them run away.

Of course, it is also necessary to give them a little bit of discomfort, after all, the last time they fell into their hands, the loss was very huge.

For now, the positions of the main funds are there. No matter whether they are long or short, there is no sure win situation for the short, so intelligence becomes more important, as long as they can beat the opponent every time. In the front, it can make him very passive, and he has nowhere to use his strength.

More than a year of preparation has finally paid off.

And the trading room started to become lively at the moment. Following Zheng Xiaopang's intrigue, other people began to chatter, some bettors would pull up the market and blow up the short sellers, and some bettors might take advantage of the trend to sell , although it will lose a lot of profits, but as far as it is concerned, it can make a lot of money. If the short-sellers are too reckless, a short-term violent pull is enough to scare the short-sellers to death.

But these words stopped in Chen Fan's ears. He didn't think it was necessary for the main funds to make things so complicated, wouldn't it be simpler?
In fact, sometimes the simpler the idea, the more unexpected it is, because people, especially those old fritters who have been immersed in the market for many years, often like to think about things in a complicated direction, and in the end they often end up thinking wrong.

From the current point of view, Chen Fan still believes that the main funds will find a way to blow up their short positions. If they make some more money at the end of the market, bursting out their short positions will definitely boost the market, and it can be regarded as a good help for the market after the sharp drop. A fix, as for what other investors think
Chen Fan unconsciously thought of his previous opinion, whether the main force is here to wash the dishes.

Chen Fan felt that he should have guessed the train of thought of the main force, but he didn't know how they managed to trap and kill the short sellers, as if he had no idea how the short sellers had the confidence to tease the main force's funds.

Both sides are very strong, but it is obvious that the strength of the main funds is stronger, and they still have the home court advantage.

Although in Chen Fan's opinion, this home court advantage will not be of great use for the time being.

Since last year, because the rice stock market has continued to rise, it has attracted the attention of global investors, and a large amount of funds have gathered in the United States. Most of these funds have entered the stock market, but a considerable part has not flowed into the financial market today. Acquisition of assets in the United States.

These situations can be seen from Zhang Quan’s data. The real estate prices in the top ten cities in the United States have more than doubled in the past year, and in some recognized top rich communities, the real estate prices have doubled. , the villas and mansions have gone crazy during this period of time.

These buyers include not only rich and nobles from all over the world, but also those company shareholders and executives in the United States. The continuous rise of the stock market not only brings returns to shareholders, but also has a huge impact on their income, especially It's the executives who take options.

According to the information collected by Zhang Quan, the investment atmosphere in the United States is very strong now. This investment is not about buying and selling stocks, but participating in some venture capital projects. A large amount of funds are gathered in Silicon Valley and major school districts in the United States. Given an unexpected so-called idea, you can often get venture capital ranging from hundreds of thousands to nearly one million yuan, and let him realize this idea.

Of course, the owners behind these capitals are not for the benefit of the society. They are just raising pigs. When the pigs are strong, they will plan to go public as soon as possible, and leave the market after a wave. Earned, it can be said to earn a lot of money, which is enviable.

Now that the U.S. economy is very active, the government will naturally not take action to control the stock market at this time. After all, in Western thinking, the market should be free, the government should not take action, and the market should have the final say.

Without the local advantage, what remains of the main force is strong financial strength. Chen Fan has no doubts about this. If the main force wants to do it, it must be more than enough to blow up the short positions.

Withdrawing his divergent thoughts, Chen Fan also noticed that the room was divided into two distinct groups of people, and the people who were talking loudly at the moment were actually Zheng Xiaopang, Ning Yongyou and others, who seemed to be arranged by his extraordinary investment. People, while the people from Oaktree Capital and Tianqin are just listening quietly at the moment, and no one talks too much, and most of them are dazed from their eyes.

With a thought, Chen Fan probably figured out why this happened.

Now that the market has the uncertain factor of "circuit breaker", the experience accumulated by these old traders will not be of much use at this time, but their cautious personality also prevents them from expressing their opinions casually, so they all shut up at this time. He didn't seem to have a clue, so he looked very dazed.

"The closing time is coming, and the market will open for trading soon." At this moment, He Li said suddenly.

The time for the market to stop trading is 15 minutes. This time is fast, and Chen Fan doesn't feel it at all. The time is almost up.

Chen Fan smiled, and continued to follow the trend: "Then we will wait and see how the market will go this time, whether it will end sideways according to yesterday's transaction or there will be a stormy trend, and we will see the outcome soon."

Everyone in the room cheered up quickly, refocused their attention on the stock market, and waited for the rice stock market to resume trading.

As for the futures index market, although the suspension of the rice stock market had a great impact on the futures index market, during the period of suspension, the futures index market also appeared to be calm and did not choose the direction of the wind.

Obviously, the funds in the futures index market are also at a loss, and they are all waiting for the opening of the rice stock market to guide everyone.

Without waiting too long, the rice stock market finally resumed trading, and as the Nasdaq began to jump again, eyeballs were shocked again in an instant.

After the Nasdaq jumped, the point that appeared in the eyes of everyone for the first time was 3921.72 points, and then quickly changed to 3919.98 points.
This time, the Nasdaq did not stop falling sideways after a brief decline after the circuit breaker resumed as it did yesterday, but continued to fall, and the speed of the decline seemed to be accelerating.

With Nasdaq now at 3905.53 points, it indicates that the market has indeed not stabilized due to the circuit breaker. Instead, it has fallen to around 3900 points in less than half a minute, and the index is about to go down again.

"This diving speeds up wow."

Zheng Xiaopang said again at this moment, it was really because there was a discrepancy with what he expected, and the discrepancy was very large.

There was no skyrocketing rise, but a plummeting fall instead. The gap between the rise and the fall is huge, which also reflects that the main funds seem to be conniving at the moment to wreak havoc on the market.

"Dig a hole?"

Xiaoye beside Zheng Xiaopang suddenly interjected, but then shut up again. It's really hard to say anything at this time, and I feel that what I said is so wrong.

Just when everyone thought that the Nasdaq would fall below 3900 points without any suspense, the market trading volume began to skyrocket again, but it was Ning Yongyou's futures trading team who first discovered the situation, because the futures index was the first to increase volume.

"The bulls on the futures index are starting to exert their strength." After Ning Yongyou said this, the Nasdaq market began to show signs of heavy volume, and the column of trading volume began to rise sharply.

At this time, the two computers in front of Chen Fan displayed the trend chart of the Nasdaq index and the trend chart of the June futures contract of the Nasdaq futures. It was obvious that the futures index had increased volume, and a large number of long positions appeared, stabilizing the trading price around 6 points. The main bulls have regarded 3820 points as the line of defense for this long-short battle, and 3800 points are the first trench of this line of defense.

The trading volume of the futures index market increased sharply, and the trading price also began to stabilize. The situation in the stock market was similar. At this time, the blue chips on the Dow began to collectively pull up, driving the Dow to start a sharp rebound, while in the Nasdaq In the gram market, Miruan rebounded in volume from 43 yuan.

In the past few days, Miruan has really fallen miserably. The stock price has plummeted from around 56 yuan to around 43 yuan without warning. Those investors who hold Miruan have not yet figured out what happened. , although many people have heard rumors that the anti-monopoly lawsuit may be pronounced in the near future, but after all, it is a judgment, and it is still a serious matter. Why is the market performance so pessimistic before the final judgment?
The old technology stocks on the Nasdaq market began to lead the market, causing the Nasdaq to fluctuate violently above 3900 points. Although the intraday low point had already shown 3899.71 points, at least in the eyes of Chen Fan and the others, they did not see the low point. The situation at 3900 points.

The main force of the market rise this time has obviously increased the stocks with large market capitalization. It can be understood that the large institutions in the market have begun to act. Although it is not sure whether the main force of the market is acting, the short sellers have begun to restrain themselves at least at this time and dare not continue. Unscrupulous suppression of the market.

As more stocks began to rebound, the Nasdaq finally began to rise slightly. The index gradually stabilized from 3902 points to 3905 points, and then continued to move up to 3910 points. Head, the market rebound broke out again.

This time, due to the participation of large-cap index stocks, the index’s rise has also changed from sluggish at the beginning to more and more flexible. The market seems to be activated in this dive. It quickly rebounded to around 3910 points.

However, there are really a lot of stocks launched this time. The overall market trading volume is surging at this time, but the realization of Qualcomm’s stock price is flat at the moment. Although there are not many selling orders, on the contrary, there are many buying orders. , but after all, there are still a lot of selling orders hanging out above. Without He Li and others taking action, it will take some time for these selling orders to be consumed.

Although Qualcomm was also hit when the market opened, He Li and others had already placed a large number of buy orders above 64 yuan, so the stock price did not plummet, and at this time there was no flexibility to rebound.

"Try to pull Qualcomm to 65 yuan."

Chen Fan saw all this, and whispered to He Li.

This is not because he has confidence in the market, but because the stock needs flexibility. If the stock price is difficult to rise at this time, then the funds willing to enter the market to buy Qualcomm rebound will be reduced.

The bottom-hunting funds definitely like stocks with capital protection and flexible stock prices. Only these stocks can go out of a good market in the early stage of the rebound trend, and obtain a lot of profits in the short term. For stocks that will neither fall nor rise, who is willing to participate? Come in.

Although Qualcomm did not fall with the broader market this time, it showed resilience, but if the market rebound does not rise, it will lose its flexibility, and there is no value in bargain hunting.

Chen Fan stared at He Li and pulled up Qualcomm's stock price. After sweeping multiple selling prices in a row, the stock price also rose to around 64.8 yuan. The selling price jumped to a very large price. Mi yuan.

Nearly 30 shares, the selling order is a bit big, but it is not impossible to accept, He Li is a little hesitant at this time.

"Stay here and let others rush. Let's just swipe from time to time to show our presence."

Chen Fan spoke again at this time. Before he understood how the main force was going to dig a hole, Chen Fan didn't want to make a big move, so he stabilized first.

"3930 points are up, and the index rebounded a bit quickly. It should be the main force. It is 3932 points. Are we buying long orders on the futures index?"

Zheng Xiaopang suddenly said in Chen Fan's ear.

Zheng Xiaopang was taken aback by the rapid market drop after the resumption of trading before, thinking that he had read the wrong direction, but now that the market rebounded retaliatoryly, Zheng Xiaopang felt that he was still right, and the main force should be angered by the short sellers. It's revenge.
(End of this chapter)