The Road to Rebirth Finance

Chapter 203 High and Low Switching (7K)

"Pleasant to work with"

Looking at Gu Junhao's solemn appearance, Jiang Jianbai didn't say too much. At this time, his mood was also fluctuating. Today is not a new beginning for Jiang Jianbai.

Park Lane Auto Parts is Jiang Jianbai's painstaking effort. If possible, he will not easily give up even 1% of the equity. However, the company has reached a bottleneck period in its development.

If you can’t break through this bottleneck, those fishermen in Junshi No. 30 Fund’s customer base will be your future, but unlike them, Jiang Jianbai is only [-] years old, and he still has a lot of time to work hard.

And Gu Junhao is an opportunity for his career development. If he can maintain the current income level of Junshi No. [-], Gu Junhao is bound to have a lot of contacts in the future.

This is exactly what I like. Another point is that although the current Gu Junhao is relatively weak, he has one advantage in that he holds a large number of stocks and can cash them out at any time.

If you are rich, the network resources you will soon have can be regarded as a potential stock. Maybe I chose to take the initiative to seek investment in Junshi No. [-]. It may not be the most important decision in my life.

Another point is that judging from the current valuation of the company and the allocation of equity, Gu Junhao is not greedy and fully respects his partners, which is what he likes the most.

Even judging from Gu Junhao's current assets and capabilities, it is completely possible to acquire an auto parts company like himself, or even if he wants more equity, he is also acceptable.

But he didn't do it, and it's a worthwhile companion.

"Okay, you're done; let's celebrate." Jiang Jianbai, who came back to his senses, said to Gu Junhao and the others, it was already noon, and the hotel had already been booked.

In this way, a group of people drove to the reserved hotel separately. After the dishes were served, Gu Junhao looked at the table full of dishes, and the wine was also good, quite plentiful.

"Let Brother Jiang spend the money." Gu Junhao said with some embarrassment, the reception of Jiang Jianbai last week was much poorer than it is now.

"Should be, you are the patron, haha; you're welcome, I'm hungry, let's touch another one after eating a few bites of vegetables."

"I'm a little hungry."

Between cups and cups, the luncheon ended; Guo Yuanwei took Li Xinyu to leave on his own, while Gu Junhao and Zhang Yiru returned to the hotel to rest first, and when the two woke up, it was already nightfall.

But it doesn't matter, there is still a night scene to visit, and tomorrow you can go to the scenic spot to see; So, the two simply cleaned up, and after eating, they went to the night view of Fengshi.

The next day, the two visited a well-known scenic spot in Feng City, the hometown of the bald head; after that, they returned to Beicang with some special products.

The short but fulfilling weekend passed like this, and it cost more than 600 million, which is indeed quite fulfilling.

Going to work on Monday, Gu Junhao immediately transferred 600 million yuan to the account of Park Lane Auto Parts, and promised to arrive on Monday, so the sooner the better.

In this way, Gu Junhao's personal cash flow has returned to about 200 million yuan again; he has to work hard to make money again, and he can't always rely on pledges or leverage.

Although he has been engaged in stocks for many years, Gu Junhao is very cautious about the use of leverage. Gu Manyi has asked Gu Junhao to increase the financing amount several times, but Gu Junhao has refused.

It’s okay to make money at a slower rate, but you must ensure the health of your funds. In the financial market, funds are the biggest cheat. Even if you have a prophet, you can’t guarantee that you won’t overturn.

When the main funds want to hit you, the prophet is useless; without leverage, you can carry it for a while, but if you add leverage, the probability of liquidation is even greater.

As for the use of funds, controlling a stock to operate, this Gu Junhao never thought that the operation method of the Wencheng Gang is a lesson from the past.

If you want to make money in the A-share market, you can't escape the ring of cutting leeks, but you don't have to do it so badly. You can follow the trend and earn your share of money.

In the weekend market, there was no major news. Except for the round table conference held by the LED industry, Gu Junhao didn't see what he wanted to see in the information from Mr. Xu Yan.

At 9:25, the Shanghai Composite Index opened slightly higher, and the ChiNext Index opened slightly lower; the performance of the two cities was mixed; Tong Huashun and Dongfang Fortune, which both had their daily limit last Friday, both opened sharply higher.

Among them, Tonghuashun opened at 25.05 yuan, up 2.87%, and Dongfang Fortune reported 13.79 yuan, up 2.45%.

"There are 5000 lots in the call auction. It's not a good day." Seeing the transaction volume of Tong Huashun's call auction, Gu Junhao pondered.

The opening price of 25.05 yuan is less than 26.70 points away from the filling price of 7 yuan, and the filling price is only 1 point away from today's daily limit price.

If you want to start the market after filling the right, you must increase the volume significantly today, and raise the daily limit. However, judging from the call auction, the main funds seem to have no intention of continuing to increase.

Similarly, Dongfang Fortune’s collective bidding also resulted in a lot of big orders. On the Dragon and Tiger List last week, the smashing of the three institutions still had a certain influence.

Dongfang Wealth, which is crowded with public funds, dare not continue to raise the limit even if it is top hot money. Last week, three institutions appeared on the Dragon and Tiger List to sell their seats, and there were some warning elements among them.

Today is still Tonghuashun and Dongfang Wealth's linkage watch. In recent trading days, the trends of these two stocks are extremely synchronized. The advantage of watching the two stocks at the same time is that no matter which one changes first, it can be dealt with in a timely manner. .

Today, the two stocks still have the same trend; both stocks surged briefly at the opening, and then quickly fell back. Dongfang Fortune sold nearly 1 lots within 4 minute, and Tong Huashun also increased its volume to around 1 lots.

"There are no big orders, but there are still a lot of middle orders; it seems that there is still a process of rushing higher." I have been watching Tong Huashun's time-sharing trend for several consecutive trading days.

Therefore, Gu Junhao is quite familiar with Tong Huashun's trading order. The 5000 lots that were traded through call auctions are likely to be from a certain hot money or a small institution.

At the opening of today's market, Tong Huashun seems to have returned to the time period when the main funds have no intention of pulling up and just maintain the market, except for a lot of volume.

At 9:37, Tong Huashun and Dongfang Fortune both opened high and went low, and their stock prices turned green. During these 7 minutes, in addition to the continuous buying by the middle order, some 500-lot orders appeared from time to time on the market. Sell ​​orders weigh on stock prices.

Tonghuashun, which has turned green, ushered in a wave of buying of loose orders of less than 100 lots; in just 1 minute, Tonghuashun became popular again.

"The bottom-hunting retail investors are here." Gu Junhao looked at the board and smiled.

This is the case with retail investors. Whenever a popular stock rises and falls back, they can't help but enter the market to buy bottoms, trying to make a big fluctuation within the day.

No matter how deep the decline is, they dare to go in; earning a profit of more than ten points in a trading day, or even the floor, is their pursuit.

As for the retracement on the second day, that is not within the scope of concern. This is how the famous Tibetan Mastiff seat in the previous life came about. One of the sales department opened an account among a large number of retail investors.

Whenever there is a Tibetan mastiff seat on the dragon and tiger list, the performance on the second day is generally not very satisfactory, and the fluctuation of the stock price is also special.

Of course, when the Tibetan mastiff farm is famous, it is not ruled out that some hot money or cattle powder will open an account in the sales department in an attempt to fish in troubled waters.

The trend of Dongfang Wealth is exactly the same as that of Tonghuashun. It was also pulled up instantly after turning green for a short time. From the time-sharing chart, both stocks have a small V-shaped trend.

Compared with Dongfang Fortune, Tonghuashun is easier to pull up because of its relatively small plate. This wave of buying quickly pushed Tonghuashun to above 24.90 yuan, and the stock price went straight to 25 yuan again.

"Hey, for loose orders, if you want to sell, you can't sell much; you still have to wait." Missing the sale of the call auction, the 10-minute transaction in the early trading, because the volume is too small, Gu Junhao can only choose to wait.

At 9:47, nearly 10 minutes after the retail investors poured in, Tong Huashun's first buy order of more than 500 lots appeared today during the official trading hours.

At this time, Tong Huashun reported 25 yuan, which was 0.05 yuan away from the opening price of the stock. Dongfang Fortune was even stronger, and later pulled up to above the opening price.

"It's finally here." Gu Junhao sighed.

One minute later, Tong Huashun also returned above the opening price, and the daily K-line turned into a red cross star again.

At 9:49, the volume of nearly 2000 lots lifted Tonghuashun to 25.40 yuan. After a short pause, Tonghuashun’s stock price rose again.

At 9:50, Dongfang Wealth reported 14.12 yuan, an increase of nearly 5% within a day, and the increase was ahead of Tonghuashun.

However, Gu Junhao was not in a hurry, it must be easier for Tong Huashun to get promoted. After 3 minutes, Tong Huashun finally started to react, and the board began to change.

"Here we come, today it seems that there is hope for filling in the right." Seeing the appearance of a thousand-handed order, Gu Junhao smiled.

Generally speaking, around ten o'clock in the morning is basically around the highest price of the stock. For those who want to sell, this time period can often sell at a good price.

Of course, this is not absolute. There are also many stocks that continue to rise or even reach the daily limit after ten o’clock. As for whether they fall after a high or continue to rise, this should be analyzed from the specific volume.

Tong Huashun's trading volume in the early trading hours has not increased in terms of volume. Compared with the first half hour of yesterday, it has even shrunk somewhat. This kind of shrinking volume is very likely to fall back.

In addition, Gu Junhao's operation plan today is to reduce the position near the filling price. Even if it is really the daily limit, he will still operate in this way, not to mention that today's index performance is really mediocre.

Half an hour in the morning, whether it was the Shanghai Composite Index that opened higher or the ChiNext that opened lower, both went down after a short period of oscillation, and the Shanghai Composite Index, which has been fluctuating at a high level for a week, today's performance is more like a danger signal of.

If the high-level shock arrangement cannot break through, then it is bound to be adjusted. This is an unchanging principle.

For individual stocks that are closely related to the index, such as Tonghuashun and Dongfang Fortune, if they feel the crisis of adjustment, the most correct way is to lighten their positions and wait for the next opportunity to advance.

At 9:55, Tong Huashun reported a price of 25.99 yuan, which was getting closer and closer to Gu Junhao's target price, and Gu Junhao was already ready.

There are a total of 15650 lots in Tonghuashun's account today. Excluding the pledged shares, there are more than 1 lots that can be used. Of course, Gu Junhao will not sell all of them.

There is also a limit to doing T. It is impossible to sell such a large position in one day today, unless it has the energy of Dongfang Fortune.

If the quantity can be enlarged a lot today, then sell more; otherwise, sell less.

At 10 o'clock, a buy order of 1380 lots led Tonghua to the price of 26.60 yuan, an increase of 8.72% within the day. At the same time, Dongfang Fortune reported 14.24 yuan, an increase of 6.02%.

When the stock price reached 26.60 yuan, Gu Junhao began to sell.Due to the small amount, Gu Junhao could only sell by placing pending orders.

This time, Gu Junhao had a total of 3650 pending orders, and it would be a big profit if he could sell above the price of 26 yuan, so the price of the pending order was also set at 26 yuan.

There are still 12000 lots left in my hand, and I don't plan to move these anymore. If all the pending orders today can be filled above the pending orders priced at 26 yuan.

The funds withdrawn today will exceed 950 million, which is close to 1000 million. In addition to the several T transactions in the past two months, Tong Huashun's holding cost is already close to only 400 million.

With 400 million yuan in exchange for 1 hands of chips, what is there to be dissatisfied with.

At 10:01, Tong Huashun briefly rose to 26.70 yuan, and the stock price began to fall rapidly.The main funds are really obsessive-compulsive, and 26.70 yuan is exactly the price for filling the right.

"It's really like running away after filling out the right. Is this obsessive-compulsive disorder?"

At this time, Dongfang Fortune also fell back, and Dongfang Fortune’s share price hit the highest point of 14.34 yuan within a day. Compared with Tong Huashun’s fall, Dongfang Fortune seemed to be much slower.

This is the advantage of stocks with large trading volume. As long as there are still differences between the long and short sides in the market in a short period of time, there is no need to worry about not being able to escape, and the reason why Tong Huashun fell back so quickly.

It may not have nothing to do with Gu Junhao, although it is a batch of shipments; but it also has a market value of nearly 1000 million yuan. For Tong Huashun, who can pull a few points with more than [-] lots, the impact is not small.

Tong Huashun, who had fallen back from the high, was also quickly digesting Gu Junhao's chips. The process was relatively long. It took a full 14 minutes for Gu Junhao's chips to be considered completely out.

At 10:15, Tonghuashun was listed at 25.99 yuan, and fell below the price of 26 yuan again. The average selling price of 3650 lots of Tonghuashun was 26.10 yuan, and the total return of funds was 952.65 million yuan.

Including the remaining funds on the books last time, the total was 953 million yuan. Gu Junhao was quite satisfied, and he already had enough liquid cash in a short period of time.

Dongfang Wealth, Tong Huashun both dived into high platforms, and stocks related to the Internet financial concept sector collectively fell back. At the same time, some other high-ranking stocks also fell one after another.

This has also led to the acceleration of the shock and downward speed of the GEM index, while the Shanghai Composite Index still maintains a low-speed downward trend, and the weights continue to diverge.

Brokerage stocks fell sharply today, but the corresponding banks, insurance and other sectors performed well, which is why the Shanghai Composite Index fell little.

Affected by the decline in the brokerage sector and the need for self-adjustment, Xibu Securities performed poorly today, falling nearly 1% in early trading, and Wanan Technology was also in the doldrums as usual.

On the other hand, Yin Zhijie, after opening flat today, has been fluctuating upwards, and now it has risen to around 18 yuan, which is a bit unexpected.

However, with the accelerated decline of the GEM index, Yin Zhijie also began to slowly fall back below the intraday yellow moving average.

However, this is also understandable. The previous highs of Yin Zhijie were all around the price of 18.50 yuan, and Yin Zhijie hit a wave of 18.30 yuan in early trading today.

This price is undoubtedly a relief price for ordinary investors who have been trapped in Yinzhijie for more than two months. During the period of the great rebound of the ChiNext.

Others are earning a lot of money, but I am close to getting rid of it. This kind of psychological torture is very uncomfortable.

"It's an opportunity. It's a pity. Otherwise, Tong Huashun, who just reduced his position, could have bought it backhand." Gu Junhao sighed a little, because he was still restricted by the fund's holdings.

In Gu Junhao's view, Yin Zhijie, which has fallen due to the impact of the GEM index, is really a good buying opportunity, and high-end stocks have dived and fluctuated.

And individual stocks like Yin Zhijie, which have been adjusted for several months and whose K-line trend is getting more and more beautiful, have a demand for a rebound to make up for the increase, if it is not restricted by the position at this time.

The Tonghuashun funds just sold can be used to enter Yinzhijie; complete a high-low switch.

When the time came to 10:30, Tong Huashun, whose stock price had fallen to the average price of the day, started the rapid downward mode again after fluctuating for 2 minutes.

A sell order of 1200 lots knocked Tong Huashun's stock price down to 24.95 yuan, and the stock price fell below the opening price again.From the perspective of the amount of funds, Tong Huashun's outflow of funds was not small during the half hour of the rise and fall.

Today's main funds are still continuing the old routine, using small funds to quickly increase, and then using the process of falling to speed up shipments. Institutions also need to do T.

Dongfang Fortune is also like Tong Huashun. The time-sharing charts of these two stocks today can be called twins. Except for a few minutes difference in time, the trends are exactly the same.

The same trend of the two stocks, coupled with the sluggish performance of the three major indexes, also fully verified Gu Junhao's judgment, and Yin Zhijie's abnormal performance made Gu Junhao aware of a new possibility.

That is, small and medium-sized ventures still have opportunities, and under the condition of benign adjustments; heavyweight stocks are obviously not a good choice, and heavyweight stocks generally take a long time to adjust.

But small and medium-sized ventures are different. Small and medium-sized ventures have light plates, small market value, and rapid rise; it is not surprising that funds from high-ranking heavyweight stocks are eyeing some low-ranking small and medium-sized venture stocks with good concepts.

What's more, small and medium-sized entrepreneurs are the favorite of hot money. With the participation of some active funds, the trend is naturally different, and Yin Zhijie has the genes of some monster stocks in the early stage. Once the rebound is established, it is bound to revive the memory of the market.

However, this can only be done when the market is in a benign adjustment; when there is a systemic risk in the market, it is still necessary to withdraw as soon as possible.

At the close of noon trading, Tong Huashun, which fell below 25 yuan, finally returned to above the intraday average price line after a slight rebound for nearly an hour, and reported a price of 25.60 yuan, an increase of 5.05%.

Dongfang Wealth was reported at 13.88 yuan, up 3.12%. The trading volume in the morning exceeded the full-day volume on the daily limit day last Friday, breaking through the 10 billion mark.

Such a large amount of energy has been released, but the stock price trend is very unsatisfactory. The trend of Dongfang's wealth today is worrying. I don't know if Wang Ruoyu has lightened his position.

He was reminded before that he could be bolder in his recent operations, and his operations were indeed a lot bolder. Last Friday, the market value of Dongfang Fortune was more than 1680 million yuan.

"I hope he will still be as bold today." With a market value close to 1700 million, there is room for fluctuations of more than 5 points in the morning, and the trading volume has reached more than 10 billion yuan. Such opportunities are not many.

Unlike some big guys in later generations who can unscrupulously raise the limit, the average daily trading volume of the ChiNext is only between 200 billion and 300 billion.

Dongfang Fortune’s volume in the morning has already occupied a large share of the GEM, and it is a constituent stock. This kind of heavy-volume surge and fall is also a kind of pressure on the index.

"Boss, it's time to eat; don't stare at the computer, let your eyes rest for a while." Li Xinyu, who was carrying a lunch box, pushed the door in and shouted to Gu Junhao.

"okay."

In the afternoon, the transaction continued; since Tong Huashun's operation plan had been completed, Gu Junhao focused his energy on Dongfang Wealth in the afternoon.

Today's surge in volume is relatively dangerous. Once it cannot be recovered, there may be an adjustment period of several days in a row, or even as long as a month or more.

The patience of public funds is far beyond that of ordinary hot money; at the beginning of the market opening, Dongfang Fortune ushered in a large purple order.

However, compared with thousands of lots and tens of thousands of lots at the opening of the market in the morning, the volume in the afternoon is much smaller. It is estimated that the hot money on Friday has almost run out.

The 9-lot sell order that started at 30:31880 was presumably the result of a big guy from the Zhejiang Department reducing his position on Friday; the handicap language is also very interesting.

Therefore, you can envy their operations with hot money, but you can’t worship them and follow them blindly; like most big money, they are just a group of predators after all.

Ordinary investors are their food.

However, the response of the top hot money was really fast. The joint sales of the institutional seats on Friday quickly reduced their positions in early trading today, and they ran away ahead of the institutions.

Judging from the selling price, it should still make a profit of around 2% to 3%, which can be regarded as a piece of meat from a large institution.

Dongfang Fortune, which fell below the intraday average price line again, led the GEM index downward.

The decline in the GEM index has expanded to 1%, creating the largest decline in recent times.The Shanghai Composite Index remains in the green state.

Although the market still does not lack the effect of making money, risks often come unknowingly during this process; at two o'clock, the ChiNext Index dived, with a short-term drop of 1.5%.

Dongfang Fortune and Tonghuashun, two stocks that were below the daily average price during the entire afternoon trading period, have also seen a greater increase in volume compared to the afternoon.

Of course, this kind of energy is not multi-party energy, but short-term energy. At the same time, Yin Zhijie bucked the market and pulled up, and the stock price reached a high of 18.34 yuan again, an increase of more than 5%.

"Hey, it's really started." Gu Junhao was attracted by the reminder of the change, and this wave of promotion is not small. Judging from the trading volume, Yin Zhijie has exceeded [-] million today.

"It's not easy, it's finally time to measure." At the same time, Xu Jianqing in the trading room also said with emotion, the boss really opened his mouth.

It is said that Yinzhijie is about to start, and we will measure it today. The previous week's transaction volume was only about 2 million yuan, and today's volume is estimated to be almost reached.

"Haha, today Xu Dayu is riding alone on the savior." Liu Tingting said with a smile. This morning, Xu Jianqing found that Yin Zhijie's performance was not bad, and the stock price also rose slowly.

This can be regarded as the increase in volume and price that the boss said, so when it fell back, Xu Jianqing tentatively put the remaining 250 million funds into Yin Zhijie slowly.

At this moment, the capital income of the 250 million yuan has exceeded 2%, and what Liu Tingting said is exactly this matter.

It's all because Wanan Technology and Xibu Securities remained in a downturn all day today, and Dongfang's wealth has soared and fell back. It is difficult to recover from the current situation.

Dongfang Fortune is still in a state of heavy decline at the moment, and Wang Ruoyu's expression shows that the market is not very optimistic.

At 14:15, Yin Zhijie continued to increase in volume, and the stock price was reported at 18.79 yuan, a new high since the ex-right, followed by a 15-minute shrinkage adjustment.

At 14:25, Dongfang Wealth began to fall rapidly, and the stock price began to increase at 14:[-], and went down step by step. By this time, the speed had accelerated significantly.

Yinzhijie's trading market was suddenly changed. A 3000-lot buy order poured in, and Yinzhijie's stock price was quickly pulled up to 18.98 yuan during the turbulent period.

The price of 19 yuan could not stop Yin Zhijie. As the big buy orders continued to come out, Yin Zhijie was quickly raised to 19.20 yuan, an intraday increase of 10.03%.

At this time, only 15 minutes had passed since the beginning of Jiela's promotion. At 14:30, at the price of 19.20 yuan, Yin Zhijie put up 3 lots of closed boards, and the closed board funds exceeded 6000 million yuan.

After 2 minutes, not only did the seals not decrease, but they continued to increase; with the increase of seals and the decrease of sell orders, Yin Zhijie's seal gradually became stronger.

Yin Zhijie closed the board, and Dongfang Fortune and Tong Huashun fell below the opening price again. At 14:40, Tong Huashun reported 24.90 yuan, and Dongfang Fortune reported 13.45 yuan.

The stock price of Dongfang Fortune turned green again, which also caused panic among some funds. With the appearance of a series of purple sell orders, the stock price of Dongfang Fortune slipped step by step.

In the last 20-minute trading period, large orders continued to appear. By the closing stage, Dongfang Fortune reported 13.31 yuan, a decrease of 1.11%.

Dongfang Wealth has created several records since ex-rights today, including a new high price of 14.34 yuan, an intraday turnover rate of 14.69%, and a daily turnover of 18.5 billion yuan.

The turnover of the GEM index today was only 356 billion yuan, and a single stock of Dongfang Fortune accounted for more than 5% of the total; it also accelerated the decline of the GEM index today.

The ChiNext Index fell by 1.23% today. Relatively speaking, the 0.51% decline of the Shanghai Composite Index was much smaller. However, many high-end stocks rushed higher and fell back today.

However, Yin Zhijie's low-level consolidation ended and the subject stocks with strong conceptual support went against the market and finally closed at the daily limit. During the decline of the index, the market seemed to have completed the high-low switch.

(End of this chapter)