legendary trader

Chapter 794 Chapter 795 Complete Clearance
"Just throw it away at the opening, the market is out of play."

Chen Fan said to He Li after seeing the opening point.

"If it rebounded back to close this gap at the opening, the market shouldn't be so bad."

Zheng Xiaopang interrupted suddenly and whispered to Chen Fan.

Chen Fan didn't answer, but just shook his head lightly, expressing that he was not optimistic that the market would get out of the closed gap.

With the arrival of trading hours, the rice stock market began.

Sure enough, just as Chen Fan thought, the Nasdaq fell sharply after the opening of the market, and fell all the way without even touching 3600 points. The market has no resistance in the short term, and can only let the bears wreak havoc on the market.

After the Nasdaq fell below 3500 points in one breath, it barely stabilized around 3480 points. However, this stabilization is only a temporary decline. The index is still fluctuating and falling, and the downward trend has not changed at all.

And Qualcomm's opening today was even worse. In fact, Chen Fan asked to sell the stock at the opening. After passing through the low point where the market fluctuated violently before, the only low point that exists now is the low point of 61.53 yuan on the platform.

After the market opened, He Li followed Chen Fan's wishes and sold the stock in a big way, no longer caring about how the other power would choose to operate.

Sure enough, after the market opened, it was no surprise that they encountered powerful opponents, and they were frantically robbing each other of the few buying orders in the market.

Although the financial programs on traditional paper media, TV, and radio show that they are not optimistic about the market outlook, there are still a few people who choose to gamble on weekends after the stock market has fallen continuously, especially after the Nasdaq has fallen for four consecutive days. put the bounce.

The market will never lack players with an adventurous spirit.

Qualcomm's stock price fell below the 61 and 60 yuan barriers without any suspense, instantly destroying the platform trend that He Li and the others had painstakingly worked on for three months.

However, at this time, neither Chen Fan nor Zheng Xiaopang, nor He Li and other traders took the charts to their hearts to be completely destroyed. Now there are less than 6 million shares left in their hands, and they should be sold as soon as possible. It's over when you go out, there is no need to hold the idea of ​​​​shipping at a high price.

He Li and the others wanted to sell their stocks today, even though Chen Fan didn't ask for it, but there were only more than 500 million shares. If they sold out one day earlier, they would regain their freedom one day earlier, and they could feel at ease. Looking for a place to spend a few months of vacation and relax completely.

Chen Fan's order is to sell, so sell as much as you want, finish the work in a few clicks, and go on vacation.

With such a mentality, He Li and others made frequent shipments, regardless of the market's reaction.

And Chen Fan saw all this, and he didn't intervene. In fact, he also wanted to complete the stock transaction as soon as possible, so he left a short futures order and handed it over to Xu Jing for the transaction. The team can follow up the transaction and get it. They are all profitable. The difference is that they earn more and earn less. Just pay attention to yourself and help guide you.

In fact, when the Nasdaq fell below 4 points, Chen Fan already knew that this drop may be more due to the panic in the market, especially the bad news from Miruan, which seems to have nothing to do with the market Strong news is the main driving force for the market decline, because once Miruan loses the monopoly it naturally obtained from its technological advantages, it will be tantamount to a disaster for other technology companies.

The market now needs to vent the bad news of Miruan, so the market crash is inevitable.

Chen Fan has not yet figured out how to deal with such a rebound after a sharp drop.

When Qualcomm's stock price fell below 58 yuan, Chen Fan keenly noticed a slight change in the market. It seemed that the selling orders on the other side were significantly reduced. The selling behavior of the cost was frightened, in short, the other party seemed to slow down the selling.

Of course, this trend was also noticed by He Li. Chen Fan was beside him, and it could be seen from his slightly tangled face that he seemed to be engaged in a fierce ideological struggle. After waiting for a while, he finally took the current situation on the board Reported to Chen Fan.

Qualcomm's stock price fell by almost 6 million yuan, and nearly 2 million shares were sold out. However, because of the intervention of the other party, the total trading volume of Qualcomm so far has reached 470 million shares. He Li only grabbed the market trading shares. Nearly half of the share, which also shows how ruthless they are.

"Continue to throw down and see if they will protect the market."

Chen Fan suddenly said to He Li, seeming very interested.

Although He Li was a little astonished, seeing Chen Fan's slightly smiling expression, he understood that Chen Fan had always noticed their small thoughts, and he was a little embarrassed, but he continued to sell the stocks according to Chen Fan's intention. , just a little bit slower.

The Nasdaq stabilized slightly around 3480 points and then continued to fluctuate and slide. When the Nasdaq continued to fall to 3415 points, I suddenly heard Zheng Xiaopang muttering in a low voice: "It broke 7% again. It's time."

Although the Nasdaq continues to fall today, the market fell by 7% in less than half a day, but the decline in the Dow and the S&P index is actually not much so far. The Dow fell by more than 3 points, and the current point is at 10572 points Nearby, but affected by the plunge of the Nasdaq, the market outlook is not optimistic, and the S&P index also fell below 1400 points, reaching 1395.7 points, a drop of more than 3 points.

Although the two major indexes of the three major indexes have fallen sharply, they are still within the acceptable range, and the Nasdaq is completely rushing into the abyss.

Such a crazy trend is naturally in the eyes of many hot money. In fact, the market at this time is already a bit irrational, and it is largely affected by some news. In addition, today is the weekend, and the market generally has the idea of ​​​​avoiding risks. Who knows Will there be more bad news announced over the weekend?

Looking at the trend of MiRuan’s stock price, the current stock price has fallen below 40 yuan. From more than 50 yuan at the beginning of the month to today’s latest stock price of 38.62 yuan, the drop has been close to [-]%. Investors who were not clear about the situation before, some people at this time They already know the reason, but they have nothing to do, it's already like this, should they continue to kill and fall?
Chen Fan took a quick look at the trend of the rice stock market today. It is impossible to break the circuit breaker today. From the trend of the S&P, it can be seen that it is still a bit difficult for the S&P index to fall by 7%. Really just kill all the way regardless.

Before starting, Chen Fan noticed a detail, that is, when He Li sold Qualcomm shares crazily, the funds seemed to have stopped, which seemed to indicate that the other party did not intend to continue to suppress the stock price for shipment.

After quick calculations in his mind, Chen Fan suddenly shouted to Ning Yongyou: "The June contract will be closed, hurry up."

Chen Fan already had some guesses in his mind. The market might be preparing to rebound. The chips of the main players in the market must not be running as fast as his own. Their previous crazy operations actually misled him. They should let the market fall steadily. Instead of killing all the way to the end.

Chen Fan knew the market situation a little bit in his heart, but it was completely different to other people's ears.

Chen Fan was still firmly bearish on the market before, but it seems that he has turned around in the blink of an eye. He just asked to close the futures contract and did not take any action against Qualcomm. It is really strange.

"If you can close all the futures contracts today, this operation will be over, and everyone can arrange where to go for vacation on the weekend."

Chen Fan continued, every word entered their hearts like magic, only Zheng Xiaopang stared at Chen Fan for a while in surprise, but quickly turned his eyes away after seeing nothing, and continued to look at the computer screen.

After hearing what Chen Fan said, no matter it was the stock traders on He Li's side, or the futures traders on Ning Yongyou's side, they all started to go crazy. The sole purpose of issuing a liquidation order is to deal with the order in hand as soon as possible, so that you can choose your vacation destination on weekends.

When the rice stocks were about to close this week, He Li and the futures trading team had finished selling all their chips, and the final result made Chen Fan quite satisfied, although he knew that he might lose some profits because of it. But relatively speaking, it's really not a big deal.

In the end, Qualcomm's stock price closed at 52.59 yuan. He Li and others also worked hard to complete the task. Regardless of the market reaction, they just frantically sold their chips. Fortunately, nearly 6 million shares were all sold during their crazy sell-off. After going out, Chen Fan even wondered if they would drop the stock price to a lower price in order to complete the task without anyone taking over.

You must know that after 58 yuan, another force to sell stocks has completely disappeared, and there is only one short seller in the market that continues to sell stocks. The final result is that Qualcomm's stock price plummeted by 10.66 yuan, a drop of 16.85%.

In the Nasdaq futures market, the impact of Ning Yongyou's closing positions on the market is of course not as terrifying as that of individual stocks. When they started closing positions, the market was running out of buy orders, so the short positions in their hands were closed. The list has effectively filled the dilemma of lack of buying orders in the market.

Because there are many selling orders and few buying orders in the market, they find that there is no need to start closing positions in a hurry after they start to close their positions. Instead, they continue to slide along the Nasdaq and buy all the way.

There are too many institutions holding stocks in the market now. Under the premise that the stock market lacks buying orders to complete the transaction, shorting the futures index becomes the best choice. At least add an insurance to the stocks in your hands, although it will reduce the impact of rising stock prices. The profit is high, but the loss will be minimized in the process of stock price decline.

After opening positions many times, when Chen Fan suddenly issued an order to close positions today, he held a total of 9.3 short positions, with an average cost of around 4400, and the closing points were concentrated at 3360 points to 3200 points. million, and the profit after closing the position also exceeded 10 billion yuan.

The final closing point of the Nasdaq was 3321.3 points, down 355.5 points, or 9.67%; the Dow fell 5.66% today, closing at 10305.78 points; the S&P index fell 5.83%, closing at 1356.56 points.

The stock market is closed. Although the futures index market is still operating, it is meaningless to everyone in the room now.

"Everyone will have dinner at the restaurant at noon tomorrow, have a good meal, and then you can go on vacation."

Chen Fan smiled and said to everyone in the room.

"Our task is considered complete, it's time to take a good rest."

These words were said by Chen Fan to Zheng Xiaopang.

But Zheng Xiaopang was obviously not very satisfied, he hurried back here, and it turned out to be the last day's deal, if he had known it was over tonight, why should he be in a hurry to come back.

But at the moment all the traders in the room are very excited, not only because they can get a large bonus, but also because participating in this transaction, although it is true that there are too many restrictions, and the long-term operation is exhausting, but they have Said it was quite exciting.

In particular, He Li and others directly participated in the stock market, and they were responsible for almost all the work from the beginning to the end. Although they are limited by the principle of confidentiality and cannot disclose it to the outside world, they are still very excited to think about it.

After everyone else left, Zheng Xiaopang curiously asked Chen Fan what he had in mind. All indications showed that it was Chen Fan's temporary decision to end the transaction tonight.

If it had been planned in advance, it would be impossible for Chen Fan not to communicate with him when he came back in the afternoon.

But nothing worth noting happened tonight, why did Chen Fan make this decision?
"Everyone is too tired."

Chen Fan said indifferently, and then he told Zheng Xiaopang about the state of He Li and others he had observed.

After hearing Chen Fan's explanation, Zheng Xiaopang was a little speechless, and he held back a sentence after a while, "Okay, you are a good person."

Of course, these words were just for fun, so he wouldn't be fooled by Chen Fan so easily.

"How will Miguo go in the future?"

Zheng Xiaopang suddenly asked, before he always thought that the rice stock market would keep falling, until it reached the real bottom, just like the domestic stock market, and at present, it seems that the market will continue to develop like this.

But judging from Chen Fan's impromptu decision tonight, Zheng Xiaopang doubted this judgment a bit.

"It should continue to fall, but I don't know when it will start. I feel that the market may be a cowhide market. The market will fall repeatedly, layer by layer, because the main force of the market has not yet completed shipments, and they will not It will cause the market to collapse directly.”

Chen Fan shook his head, "Have you noticed Qualcomm? You weren't here a few days ago. I don't know. That force on this stock started to ship, and they competed with us to sell the stock. From the K line, you should have guessed that everyone at that time The scene of scrambling to buy orders, but after the stock price fell below 58 yuan, there was no movement there.”

After Chen Fan finished speaking, he looked at Zheng Xiaopang, and he was silent for a while before he said: "That's why I thought at this time that it is impossible for them to run faster than us. They still have a lot of stocks in their hands that have not been sold, and now it is estimated that half of them will be sold." That's all.

What they want to achieve should be to fall steadily, layer by layer, and the most important thing is to repeatedly kill more and sell short in the futures index market, smash down to create a short atmosphere, and then pull up to kill them."

(End of this chapter)