legendary trader

Chapter 791 792 capital has never been kind

It should be said that this news is still early enough, and there is still half a month before the final verdict, which is enough for them to make some preparations.

Of course, this can't be compared with Chen Fan and the others, but they got the news last month, it seems that Shen Wei's channel is not as fast as Xu Jing's.

But after Zhang Fuguo finished speaking, everyone in the waterside pavilion fell silent, and everyone was thinking about the possible impact of the Misoft monopoly case on the market.

Indeed, what Zhang Fuguo mentioned earlier is very likely to happen, and the blow to technology stocks must exist.

Originally, if it was normal, it would be the matter of a company called Miruan, which would not attract much attention. But today is different, there are short funds in the market now, once they use this news to suppress the market, first Smashing down Miruan will have a considerable impact on market sentiment.

Especially in this market decline, many people in the crowd are aware of Miruan's performance in the market, because they still hold Miruan's stock more or less in their hands, which is facing the recent trend of Miruan. Jia was puzzled. Now that he heard the news, he naturally knew why the stock price fell so sharply.

"According to the laws of the United States, if you are found guilty, the lightest is to prohibit monopolistic behavior, and the final punishment is to forcibly dismantle. Mr. Shen, what is the extent of the ruling?"

Someone in the crowd suddenly asked, as if he was a little familiar with the laws of the United States.

"That's right, ROC was dismembered and split into more than a dozen companies."

Soon the voices of chattering came out again.

"Ahem. There is no specific news, but it may be very bad for Miruan."

Zhang Fuguo coughed twice and said, "We feel that such rumors at this sensitive time point may be rumors released by short sellers, or they may be true. It is impossible to judge the specifics. This requires everyone to initiate their own relationships to see if they can get it right. to accurate information."

And Tang Jianbin also saw Chen Fan sitting there at this moment, and whispered hello.

"Here we go, have you finished selling stocks this week?"

Chen Fan shook his head when he heard the words, "You should be able to withdraw completely next week, and there are not many left now."

Tang Jianbin blinked at Chen Fan, and then the two walked out of the water pavilion one after the other, and walked slowly around the pool.

"I heard you and started reducing positions, but the market rebounded in the second half of the week, and the speed of reducing positions has also slowed down. To be on the safe side, I bought some short futures."

Tang Jianbin whispered.

"That's right, I am the same way. I opened some short orders before, just in case the market falls, and the stocks in my hand have not been cleared."

Chen Fan smiled. For these veterans, as long as they make a decision, they must do their best to implement it. Even if they can't solve the problem of the position quickly, they will add insurance to themselves.

"Before we were still discussing whether the Miruan news was fake news released by the short sellers."

Tang Jianbin shook his head and said, "However, judging from the trend on Monday and Tuesday, the short sellers are not weak."

The two walked and chatted, after a while Shen Wei and Zhang Fuguo also followed, and the four of them slowly turned to the pavilion and sat down.

Several people talked about Mi Ruan's case at the end. Although Shen Wei got the information, it seemed that the source of the information was also very vague, and it was not as detailed as the information obtained by Xu Jing.

Chen Fan pondered for a while before he said: "Actually, I also got news about Mi Ruan's case, and I was thinking about whether to remind you."

"What do you say?" Tang Jianbin asked immediately.

Although the Miruan case seems to be an isolated case, when it breaks out at a sensitive time, it will often become the fuse that detonates the market. This is what a group of bigwigs are worried about.

Once Misoft loses the lawsuit, if only the monopoly behavior is prohibited, the impact on the market will be relatively small, but once it is determined that the monopoly has been established and punished, there is a high probability that it will be split up. I hope to see something, so it will definitely have an impact on the judgment of the case.

Spinning off Miruan can easily eliminate a strong competitor. What could be better than spending some money to find someone to lobby.

But once Miruan is spun off, the potential bad news will be great for the emerging industry that is now in full swing.

To carry out scientific research and achieve results, the capitalists naturally hope to monopolize the market through technological advantages, and then launch more products to destroy competitors to monopolize the industry and obtain huge profits.

But now Miruan's results may break this illusion, and naturally the impact on the market is huge.

"The news from my side is that Miruan may face a spin-off."

Chen Fan's indifferent words were like a bolt from the blue to the ears of the other three bosses. This was the worst possible outcome.

As if seeing the worries of the three, Chen Fan continued with a smile: "There is no need to worry too much. The impact of Mi Ruan's judgment on the market is certain, but there is no need to think that the whole situation is settled. In fact, I have consulted Mi Ruan. Lawyers, there is still a lot of room for manipulation in this matter. The easiest way is to continue to appeal and bring the lawsuit to a higher court.

Of course, it does not mean that there is a possibility of winning the lawsuit. One is to delay the time, but to find allies. In fact, Miruan has been doing it recently. They are lobbying the justices of the Supreme Court of the United States for the final ruling. "

"Have you heard the news long ago?"

At this time, Shen Wei suddenly asked something irrelevant.

Chen Fan didn't hesitate either, and still said with a smile on his face: "I heard about it last week, and I'll find someone to find out the details later."

"The market for rice stocks is probably over."

Afterwards, Shen Wei still said a word with certainty, and then stopped talking.

At this time, Tang Jianbin suddenly patted Chen Fan on the shoulder, "Fortunately, my brother has been reminding me to reduce my positions to avoid risks. This week I took some short orders as insurance, otherwise I'm afraid I will be planted in rice stocks this time."

Just as Chen Fan was about to speak, he heard the phone ringing in his pocket, and someone called.

While taking out the phone, he smiled at Tang Jianbin and the others, took a look at it, then got up and walked a few meters away from the gazebo before answering the phone.

"Hi, I'm Chen Fan."

When he looked at the phone, he knew that it was Zhang Quan who called. If he called at this time, there must be another news to inform him.

"Mr. Chen, I'm Zhang Quan. I just received news from the United States. The Securities Regulatory Commission of the United States issued a notice just now to formally revise the previous protection mechanism and determine that the S&P 500 index will be used as the standard. Then use it as a reference for fusing.”

Zhang Quan quickly said on the phone, "The previous three-level standards remain unchanged, but the S&P index is determined as the basis."

"Well, I see, is this the news?"

Chen Fan thought about it and asked again.

"Not for the time being. In addition, we have noticed that someone in the United States seems to have started to spread the news of the Misoft monopoly lawsuit. It started in the past two days, and the scope of transmission is still relatively narrow."

Chen Fan put away the phone, turned around and walked back to the gazebo.

"Home phone number?" Tang Jianbin laughed again after Chen Fan sat down. He knew about Chen Fan's family situation and thought his wife had called someone.

"No, it's about rice stocks."

Chen Fan responded with a smile.

"What news?"

Tang Jianbin immediately regained his spirits. Any information about Migu at this moment is concerned about his heart, and the expressions of Shen Wei and Zhang Guofu are also the same.

Chen Fan's words had already attracted the attention of these two bigwigs to Chen Fan. The news about this man seemed to be much more powerful than theirs, so now that Chen Fan had just received news from the rice stock market, he was naturally very concerned. .

"You will know later that the US Securities and Exchange Commission has changed the circuit breaker mechanism. From now on, the circuit breaker standard will be based on the S&P 500 index. No matter how much the Dow and the Nasdaq fall, it will not affect the triggering of the circuit breaker mechanism. Only the S&P can."

Speaking of this, Chen Fan seemed to have thought of something again, and said without beginning and end: "It won't be a big drop, so the American guys have revised some rules first."

As soon as Chen Fan said these words, the others fell into deep thought for an instant, while Tang Jianbin just opened his mouth and said nothing in the end.

Chen Fan didn't stay for dinner tonight, he talked to Tang Jianbin and Shen Wei after sitting for a while and left first.

I haven't seen her for a week, and now Liu Ying's waist is obviously thicker, and she has begun to show her pregnancy. After all, it has been almost five months, and the processing work has naturally slowed down, and more documents have been piled up in the study.

Chen Fan started to learn how to deal with some things under the guidance of Liu Ying, and many things were decided after discussion between the two of them.

In fact, most of the materials sent over have already been processed, just a signature is enough. Of course, if there is an opinion, the previous decision can be overturned.

When Liu Ying was abroad, she still had a strong control over domestic subsidiaries, but recently she seems to be a bit out of energy, and she probably has gradually gained trust in the people below. After all, she should have installed her own eyeliner, so don't worry Those selected administrators secretly made troubles.

After staying at home until Monday night, Chen Fan left home and rushed directly to the resort.

Hurrying and hurrying finally arrived before the market opened, and then Chen Fan hurried to the trading room.

"Follow your plan, and start shipping after a short pull at the opening."

With the announcement of the new circuit breaker policy over the weekend, Chen Fan felt that this was the preparation before the main force of the market planned to continue shipping. After all, the Nasdaq index would definitely be greatly affected by then, and the market would be circuit breaker if the decline was not under control. If you think about it, you will feel uncomfortable, after all, the good deal is suddenly suspended.

Although Chen Fan was at home with his wife at the weekend and helped sign the documents by the way, he also noticed the market's views on the news. Although most of them had reservations, most of the analysts probably didn't realize that the stock market was about to come. What will happen here.

In short, the information that Chen Fan paid attention to was not aware of the sudden policy change on the Migumi stock market. He did not realize that the risk was coming, and his thinking should still follow the rhetoric of the U.S. Securities Regulatory Commission. It is really not good for the market to think that the three major indexes can touch the circuit breaker mechanism smooth transaction.

In a country that advocates freedom, free and smooth transactions are of course what they respect. The reason why they still allow the regulatory authorities to issue such policies that are obviously not conducive to the operation of the market is not because they are afraid of the market plummeting. Who knows when it will be their turn.

It is also because of the crackling of various small calculations, so the protection mechanism only involves the limitation of the decline, and no one has proposed that such protection should be carried out no matter how much the market rises.

Short sellers have always been hated by people.

After arranging He Li's side, Chen Fan came to the futures trading team again, "Sell short orders after the market opens, let's continue to short the market, pay attention to the rhythm and position, and don't make it too big."

To be able to earn some small pocket money easily, Chen Fan felt that he could still do it, as long as he didn't go too far, especially not to dominate the market.

And because Chen Fan still doesn't know whether the market's main funds are ready and whether he will continue to sell more, it's better to be a little cautious when opening short positions now, so as not to be killed by someone accidentally.

Soon, Qualcomm's stock price opened at 76.66 yuan, 0.54 yuan higher than last weekend, while the Nasdaq opened at 4475.2, which was also slightly higher by 9 points.

Today's high opening range can basically be ignored, and it seems to indicate something, at least that's how Chen Fan sees it.

Think about it, even if it rebounded last weekend, the higher opening was an increase of nearly [-] points. How can we see such a high opening rate.

Soon, as the rice stock market opened for trading, the Nasdaq dropped slowly at the opening, as if it was about to make a correction to last week's rise. Of course, such a trend will not arouse the vigilance of the market.

After the opening of the market, Qualcomm’s stock price quickly rose to around 77 yuan, and then followed the market’s correction. Now it is basically operating according to the trend of the Nasdaq. When the index rises, Qualcomm’s stock price rebounds a little. If the market falls, then the buy orders below will be swept away.

This was the original plan, but soon He Li felt that it was impossible to go on like this, because there were still funds in the market that were also releasing goods wantonly, and the strength of the shipment was even far stronger than them.

"Mr. Chen, the stock price can't bear it anymore, and there are funds selling like crazy."

Under such circumstances, of course He Li would not autobiography, and immediately reported the situation to Chen Fan.

At this moment, Chen Fan is still paying attention to the changes in the futures index market, because he feels that the main force of the market may have shifted there. In the stock market, it is just a crazy sell-off of bottom positions, but in the futures index market, there may be wanton short selling .

In fact, after the futures index opened today, there seemed to be a steady stream of empty orders on the market, and the premium of the Nasdaq futures was almost wiped out.

Hearing that there were funds vying for escape tickets, Chen Fan was not surprised, "We also release the goods, and we count as much as we can, don't worry about other things."

This is Chen Fan's thinking. At this time, he doesn't care about the big market, as long as he can run out.

In just half an hour of trading, Chen Fan has already confirmed that the main force of the market is already fleeing. Perhaps the explosive volume in the periodical index market last weekend is the result of their wanton short selling. Now they have got a short order that satisfies them. , Naturally, we will start shorting the market.

Capital has never been kind.

(End of this chapter)