The Road to Rebirth Finance

Chapter 8 GEM Adjustment

"I just hit Dongfang Fortune, do you dare to follow?"

"Brother, you are awesome, do you dare to beat the board of such a large-cap stock?"

"What are you afraid of? In the bull market, brokerages go first, and the rush is over. The washing will be completed within a day, and we are optimistic about continuing to make new highs."

"It's a coincidence, I also played board just now, but I am not Dong Fang Fortune who played board, but Tong Huashun who played board. I have the same idea as you."

Randomly flipping through a few pages of chat records, Gu Junhao found that the retail investors' emotions are really high now. Although they said that the fundamentals of Dongfang Fortune and Tong Huashun are fine, the logic of buying is basically correct.

However, generally this kind of retail investors will not be able to hold it for a few days, and will cut their flesh if they can't stand it for a few days.It is impossible to get a real bull market stage. Most retail investors basically see a stock soaring, and rush in without thinking, hoping to make a quick profit.

And often after I bought it, if there was a callback for several trading days, I would panic, thinking if I was going to cut the meat, but if it was really locked in, but strangely, if it was really locked in, it would not I will think too much, the choice is to lie down~~
The two stocks Tong Huashun and Dongfang Fortune are definitely the pioneers of the CUHK market from 2014 to 2015. As the two leading stocks in Internet finance, it is natural for them to receive the attention of funds. These two stocks are also in Gu Sihao’s stock. In the pool, the funds in the early stage are not enough to divide the positions, so there is no purchase yet.

Compared with Tong Huashun, Gu Junhao is more optimistic about Dongfang Fortune. Dongfang Fortune and Tong Huashun also benefit from the concept of Internet finance, but Dongfang Fortune has one more brokerage license than Tong Huashun.

It is this brokerage license, coupled with the simplification of the brokerage account opening process, and the popularity of online account opening, that the number of accounts opened by Dongfang Fortune increased sharply during the bull market in 2015, and created a well-known retail collective camp seat in later generations.

Time passed by every minute and every second, and the two cities did not stop falling, and the orders on Tonghuashun and Dongfang's fortune boards were also gradually decreasing.

At 2200:11 in the morning, the Shanghai Composite Index fell rapidly, once again falling below the 30-point mark, and closed at 2192.20:[-] at [-] points.

Affected by the market sentiment, the ChiNext market leader, heavyweight Tong Huashun, and Dongfang Fortune also opened their daily limit when they were listed in the morning, and the retail investors who entered the board in the morning became nervous again.

"It's over, it's time to open the board, this plate of noodles can't be stopped, will you eat big noodles?"

"Don't be afraid, it will rebound in the afternoon. The GEM fell sharply in the past few days, and then pulled up."

"That is, the GEM is obviously a bull market, and adjustments are completed within a day, and today is no exception."

"I hope so... If you cut the meat again, it will be delisted."

"Don't speculate in stocks, speculating in stocks is harmful."

Past technology also fell rapidly during this period. By the time of the close, the stock price closed at 59.31 yuan, a drop of 2.12%. The stock price once again fell below the 60 yuan mark. Good, still running above the 6-day line.

"Qiangzhuang did not break the 57.7-day line, and the trading volume did not increase much. The main force should have not run away. In the afternoon, hang the [-]-day line at the price of [-] yuan to see if it can be picked up."

After reviewing the board at noon, Gu Junhao decided so.

At one o'clock in the afternoon, the two cities started trading again, combining knowledge and action. Gu Junhao immediately listed 57.70 shares at a price of 3700 yuan, and cleared 62.74 shares of Xiangsu Technology at a high price of 3400 in the morning, which also brought the book funds to 21 yuan.

If you can do T for three trading days, if you can trade at the expected price, then you can also gain 300 more chips, which is not bad.

With the opening of Tonghuashun and Dongfang Fortune, the leading intraday hotspots on the GEM, and their rapid drop at the opening in the afternoon, the index further expanded its decline.

Some smart funds with relatively rich profits in the two cities have stopped their profits and exited the market, and Xiangsu Technology has further expanded its decline, but it has not yet reached Gu Junhao's expected price.

At 01:30 in the afternoon, the GEM index fell below 1400 points and reported at 1390 points. After 20 minutes of sideways fluctuations, there was a slight rebound at two o'clock, and the index reported 1394 points.

"It's rebounded, go ahead, the intraday adjustment is completed, and if you enter this point, the ChiNext will rise to 1500 points, and there will be a profit of more than 100 points. No matter what happens to individual stocks, it should be 10%."

"That's right, it's time to rush, enter at two o'clock, and wait for the miracle to happen at 02:30."

"Stud, stud, win the clubhouse XX, lose and go to work in the sea."

"It makes sense, increase the position of Dongfang's wealth and dilute the cost, so that I will have more profits when I return the seal."

Just when leeks thought that today would achieve an intraday rebound like the previous few days, and they were buying bottoms one after another, the two cities did not go as expected.

At [-]:[-], a series of GEM white horse stocks such as Tonghuashun, Dongfang Fortune, and Lodging Technology once again plunged from highs and dived.

"What the hell? It started to fall as soon as I got in? Is it worth tens of thousands of dollars?"

With the further decline of the index, the leeks finally panicked, and some who were able to run took profit or cut their meat one after another, and those who bought today will stand guard at a high level for a while without accident.

At 02:30, the two cities did not usher in a miracle moment, and the ChiNext did not usher in a rapid rebound as usual.

In the past, Science and Technology held on to the price of 59 yuan for nearly an hour and a half, but at this moment it finally couldn't hold on, and at the end of the day, a large and small sale order was made, and they fled in panic.

At 57.55:10, the stock price hit a low of 1 yuan, almost breaking the [-]-day line. At this time, it finally ushered in a few large orders to buy the bottom, and it rebounded by nearly [-]% in the last [-] minutes.

In the process, Gu Junhao also successfully bought back his position at 57.70 yuan near the 3700-day line, [-] shares, which was very easy to trade, which was a matter of one second.

At three o'clock, the two cities closed their trading. Today, the two cities ushered in a sharp drop. The Shanghai Composite Index closed at 2190.93 points, a drop of 0.93%, and the GEM closed at 1378.15 points, a huge drop of 2.66%.

Tonghuashun, Dongfang Fortune and other individual stocks showed no signs of recovery after their explosion, and the two markets plummeted, especially the plunge of the popular concept stocks on the GEM, which severely slapped the optimism of the consistency before the opening of the morning market.

Past Technology fell sharply today, closing at 58.03, a drop of 4.24%. The trading volume increased slightly compared with yesterday, reaching 2.23 million.

However, for Gu Sihao today, there was no loss, but a relatively large profit. In the early trading, he sold Gosu Technology for 62.74 yuan. In addition, he bought back the bottom in the afternoon, and the daily income was as high as 8421 yuan, and the capital income reached more than 6%. many.

The daily income is more than 8000 yuan, which is more than the monthly salary of many people at this time. Although Yongcheng is a relatively developed city, there are not many people whose monthly salary income exceeds 8000 yuan, especially in 2013.

"It's quite interesting to be a small retailer, and the funds can come in and out freely." After three days of trading again, Gu Junhao has regained the fun he had when he was a little leek.

(End of this chapter)