The Road to Rebirth Finance

Chapter 210 Thursday's Curse (6K)

The three consecutive trading days of rising prices ushered in Thursday on September 9th; under the collision of the two phases, whether the index will continue to rise or the curse of Thursday will gain the upper hand is very exciting.

The soaring stock market has made countless stockholders smile, and they are even more active at work; however, you still have to fish when you should fish, and it is reasonable to look at stocks during working hours.

On Thursday morning, Gu Junhao entered the trading room on time just like the previous few trading days. In the trading room, the three of them were already checking their emails.

This week, in addition to stocks, Gu Junhao also made some reforms to his working methods. The information collected by the market intelligence department before was all printed out by Xu Yan, sorted and passed to Gu Junhao through Li Xinyu.

The market intelligence department contacted a relatively diverse group of people, but Xu Yan sorted out the information by category. In the long run, Gu Junhao's operational thinking would inevitably be affected to some extent.

This can be seen from Xu Yan's recent news. In addition to the normal financial reports and company research, Xu Yan will also report to Gu Junhao some news that he thinks is useful according to his own preferences.

After a long time, Gu Junhao's operational thinking will inevitably be affected to some extent. Although the first fund already has a position plan, it is not guaranteed for the next fund.

In view of this, Gu Junhao re-planned the way of working, so that Xu Yan did not have to classify, but sent all the collected information to his mailbox by email, and then copied to Li Xinyu.

Gu Junhao naturally didn't have so much time to read a lot of information, and Li Xinyu, as Gu Junhao's personal assistant, became a very good tool at this time.

By providing her with some data on the materials she needs, Li Xinyu can sort them out and send them to her mailbox separately, which not only saves time, but also maximizes her independence of thinking.

And Gu Junhao will also select some of these materials that he thinks will be helpful for Xu Jianqing and the three of them to forward to them; in this way, it can be regarded as a paperless office.

Gu Junhao didn't seem very excited about the big rise in three trading days. Apart from being used to the ups and downs in the stock market, it also included the average performance of Junshi No. [-] stock.

Seeing that the three of them were busy, Gu Junhao didn't intend to interrupt them. The unilateral rise in the stock market was no longer so important to the pre-market meeting.

Today is Thursday, how the market is going to be, the opening of the market will naturally tell the outcome; at 9:15, the call auction begins, and the performance of funds is still hot.

During the call auction time, heavy stock changes frequently.

"Look at the situation, I'm going to play big again today." The change on the board also caught Gu Junhao's attention, and it could be said that it was only because of a certain company and other factors over the weekend that the three trading days of this week rose sharply.

Gu Junhao didn't believe this. Behind the big funds, there must be some inside information that ordinary investors and small institutions like himself don't know.

The news that can be seen by the market is just what you want to see.

At 9:25, the two cities ended the matching of the call auction stage. Finally, the Shanghai Composite Index opened at 2301.70 points, the Shenzhen Component Index opened at 8141.39 points, and the ChiNext Index opened at 1478.33 points.

This month, which is also the fourth time this week, the three major indexes gapped and opened higher, and the Shanghai Composite Index even directly opened higher and broke through 2300 points.

上一次，上证综指在2300点位之时，还是2013年的6月3日；6月4日上证综指即跌破2300点位，随后更是一路下跌至1850点位附近。

After a lapse of 15 months, the Shanghai Composite Index once again reached above 2300 points, and the market sentiment was boiling.

A positive line changes beliefs, and the Shanghai Composite Index gaps upward after three consecutive positive lines. At this time, there is no need for experts to come out and call for a bull market.

Ordinary investors with short positions have begun to enter the market spontaneously, and the previous remarks about quitting the stock market have been forgotten.

Dongfang Fortune, which opened lower for two consecutive trading days before, finally ushered in a higher opening today, with a share price of 13.58 yuan; at the same time, the other four supporting stocks also opened higher.

"It seems that this Thursday is a bit unusual." Xu Jianqing said while staring at the big screen.

Most of the stocks in the two cities are in the red market. This is not like Thursday, the legal decline day. The market sentiment is simply too hot.

Gu Junhao flipped through the major stock trading areas, and the number of posts was more than the previous few trading days. From these, it can be seen that the investment sentiment is heating up.

The high investment sentiment of retail investors depends on how the big funds in the market should choose, whether to open high and drive away, or the market will adjust accordingly. However, it is conceivable that the volatility of the three major indexes will increase a lot today.

A few minutes later, the official trading began, the pressure at 2300 points and the need to reduce positions of some funds; the Shanghai Composite Index and the Shenzhen Component Index all went down.

Only 10 seconds after the start of the transaction, the Shanghai Composite Index fell below 2300 points to 2290.02, and the adjustment range was much larger than that of the previous three trading days.

"Drive high and go low, I just don't know whether to fill up the gap and continue to rise like a few days ago, or just peak here." Gu Junhao looked at the market index and smiled.

Unlike the partial bull market structure that started after the 2015 stock market crash, the market has not expanded significantly; the stock index during this period is still very important for the reference of individual stocks.

At 9:32, the three major indexes all turned green, the Shanghai Composite Index approached around 2286 points, and the ChiNext Index opened higher and moved higher, and now it has reached around 1470 points.

Dongfang Fortune did not open as quickly as the Growth Enterprise Market. In the case of average trading volume, the stock price quickly turned green, and the trend was similar to the Shanghai Composite Index.

Looking at today's situation, Dongfang Fortune still has no intention of pulling up, and it seems that it has made up its mind to adjust along the [-]-day line.

Although the five holdings opened higher today like the index, the rapid decline of the index also affected them. At 9:32, as the Shanghai Composite Index turned green.

Junshi No. 20 holdings and Tong Huashun also turned green. The biggest drop was Yin Zhijie, which was close to 20.01 yuan and reported at 1.75 yuan. The stock price fell by [-]%.

Yin Zhijie's sharp decline naturally attracted the attention of Xu Jianqing and Gu Junhao. Gu Junhao observed through the trading market that Yin Zhijie's decline was extremely scarce.

"The drop is shrinking, don't panic, just wait and see." Gu Junhao said to Xu Jianqing.

At the same time, the Shanghai Composite Index, which fell below 2300 points, also did not increase in volume; as long as it did not fall in a large volume, it was a normal adjustment. Today's market does not seem to be as bad as imagined.

At 9:35, Yin Zhijie fell below 20 yuan to 19.90 yuan, a drop of 2.31%, which was only 19.75 yuan away from the 0.15-day line price of [-] yuan, and the trading volume was still not very large.

If the [-]-day line is not broken, the stock price will still be in a bullish trend; this situation seems to be able to make a T and help the trend.

After making a decision, Gu Junhao quickly said to Xu Jianqing: "Put all the funds in your hand into Yin Zhijie. The order should not be too big, two or three hundred lots will be enough."

I had previously lightened some of Wanan Technology's positions, plus some remaining funds in the account, the total was more than 240 million yuan.

The 240 million yuan is insignificant for a stock with such a high volume as Dongfang Fortune; but it still has some effect for Yin Zhijie, who shrank and fell in early trading.

At 9:37, Yin Zhijie fell to 19.80 yuan, officially approaching the [-]-day moving average, and Xu Jianqing's orders had already begun to buy. The trading volume of one or two hundred lots appeared from time to time on the trading market. Xu Jianqing bought it.

The Shanghai Composite Index is now at around 2286 points, down nearly 3 points, while the ChiNext Index is still adjusting sideways around 1480 points.

The GEM index is still strong, which is also one of the reasons why Gu Junhao decided to buy.After all, Yin Zhijie is also a stock starting with 300.

Most of the small and medium-sized declines in early trading are in the infinite stage, which seems to be more affected by Thursday and the Shanghai Composite Index opening high and moving low.

19.80 yuan became the lowest price of Yinzhijie at this stage, and Yinzhijie was raised again to 19.92 yuan; after 5 minutes of adjustment, Yinzhijie's share price also returned to around 20 yuan, at 19.98 yuan.

At 9:48, Yin Zhijie reported 20.08 yuan, and the buying volume of more than a hundred hands was still in progress. Two minutes later, Yin Zhijie reported 2 yuan.

At this time, Xu Jianqing's last buy order was 170 lots, a total of 1200 lots were sold, with an average transaction price of 20.04 yuan.

More than 200 million funds actually bought for 13 minutes. Even if there are other rush-to-raise funds buying at the same time, it can be seen that Yin Zhijie's trading volume is sluggish.

At 9:55, the Shanghai Composite Index turned red again. After 25 minutes of adjustment, the Shanghai Composite Index fell to a minimum of 2283.28 points. Although the decline was not large, compared with the opening point, the adjustment range reached 18 points. many.

This amplitude is relatively large for the Shanghai Composite Index, which has always been flat. Just like Gu Junhao's judgment, today's amplitude is destined to increase a lot.

With the rise of the Shanghai Composite Index, the market has recovered, Xibu Securities and Wanan Technology have become popular again, and Dongfang Fortune has reached a flat price.

At this moment, the only green position in the fund is Yin Zhijie. Yin Zhijie reported 20.23 yuan, and the decline has also narrowed considerably.

Thanks to the recovery of the market, Yinzhijie slowly rose to 10 yuan at 20.36 o'clock, and the stock price returned to the flat price. One minute later, the stock price was at 1 yuan.

At 10:05, Yin Zhijie's board changed, just like Gu Junhao's way of placing orders, more than a hundred orders appeared in batches on the board, which was much more than Gu Junhao's 200 million.

At 10:06, Yinzhijie reported 20.65 yuan, an increase of 1.42%. In half an hour, Yinzhijie rose by more than 4%.

"Very good, the volume shrinks when it falls, and the volume increases when it rises. This should be stable today."

The stock price of Yin Zhijie, whose trading volume was enlarged, rose all the way until 10:10, and more than 500 lots of buy orders also appeared. Two minutes later, Yin Zhijie quoted an integer price of 2 yuan.

At this time, with a total buying volume of more than 2000 lots, Yinzhijie's stock price went up in a straight line. At 10:19, Yinzhijie reported 21.80 yuan, and the stock price rose by 7.09%.

"This product has actually accelerated. The adjustment after the last surge took four trading days. This time it only took two trading days and half an hour this morning."

This trend is too standard, a pullback for several trading days after a big rise, and then a big rise again after the pullback; don't worry, as long as Yin Zhijie doesn't put too much trading volume today, he is destined to have a rising process.

"You don't need T to go out, keep it for now." Gu Junhao said to Xu Jianqing, originally he only wanted to be a T today, but he didn't expect it to be a big increase, and there is no need to T at this time.

Assuming that he has increased his position, as there is no cash flow in the fund account, he can only continue to reduce his position in Wanan Technology.

The trend of Wanan Technology today is relatively good. It also rushed to the price of 12.98 yuan in the early trading, and it is maintaining a sideways adjustment above 12.90 yuan at the moment.

In terms of trading volume, it is not bad; and the index has successfully passed the half-hour shock period in the morning. At this moment, the Shanghai Composite Index has returned to above 2300 points, and the trend is good.

The profit-making effect of the market has picked up again. According to this trend, it is not impossible for Wanan Technology to increase its trading volume in the next period of time.

"Xiao Xu, pay attention to Wan'an Technology, reduce your position by 2000 to 3000 lots today." Gu Junhao said to Xu Jianqing.

For the trend of Wanan Technology today, it should not be a big problem if it exceeds 13 yuan. Calculated at 13 yuan, the amount of funds to reduce the position is between 260 million and 390 million yuan.

In fact, no matter what the trend of Yin Zhijie is, even if it is calculated based on the minimum trading volume of 2000 lots, today is considered a lightening of the position.

This is Gu Junhao's position holding style and principle of position management. If it is not under extremely optimistic circumstances, it is rarely full of positions.

If you increase your position on one stock that you are optimistic about and have verified your judgment, you will inevitably reduce your position on another stock; and when it reaches a high position, you will naturally sell it while walking.

When the capital reaches a certain stage, it is very important to maintain the liquidity of the position. Even in a good market, you should have enough cash. This is Gu Junhao's principle of holding positions.

As the index keeps rising, the volatility is bound to be huge; Stud's style is no longer suitable for the current market. Maintaining the liquidity of positions can not only reduce risks, but can also obtain greater profits during major adjustments .

For example, today's Yinzhijie, Yinzhijie rushed to 11 yuan at 14:22.39, which was close to the daily limit price of 22.40 yuan. Although it failed to close the board in the end, it still maintained the price of 22 yuan at the moment.

Calculated based on Xu Jianqing's bottom-hunting cost of 20.04 yuan, the daily floating profit of these 1200 hands of chips is close to 10%, which is the benefit of having money in hand.

When you see an opportunity, you can buy it decisively. If you don’t get greedy and sell it directly, the floating profit in the day will reach as much as 26 yuan.

At the close of trading at noon, the Shanghai Composite Index, which had a huge swing throughout the day, closed at 2294.50 points, up 0.26%, and the ChiNext Index closed at 1486.39 points, up 0.59%.

Yin Zhijie performed well, closing at 22.01 yuan at noon, up 8.10% within the day.

The other two performed well, the only thing that made Gu Junhao a little worried was the performance of Dongfang Wealth.

Throughout the morning, Dongfang Fortune's performance was mediocre, turning green from time to time, while Tong Huashun's performance was not satisfactory.

In Gu Junhao's view, these two stocks can be regarded as the vane of the GEM, and their performance was astonishing in this round of surging market.

Tong Huashun's increase was more than doubled, and his adjustments fell within the normal range in Gu Junhao's view.

A round of doubling the market for several months, there is a large amount of funds with a need to take profit, including a part of my own position in the early stage.

However, Dongfang Fortune's current stock price has only increased by 36% even if it is calculated based on the lowest point. This increase cannot even match his performance and price-earnings ratio.

Gu Junhao couldn't understand what the public offering fund in Dongfang Wealth intended to do for a while.

However, it is impossible for Dongfang Fortune to reduce its position by itself. Not to mention that he is still in the bullish trend above the [-]-day line, even if it falls below the [-]-day line, he will only increase his position.

Gu Junhao has enough patience for Dong Fang's wealth; after he figured this out, Gu Junhao felt a lot more relaxed.

"Xiao Xu did a good job today, I reward you for treating us to coffee in the afternoon." Gu Junhao, who was relaxed, joked with Xu Dayouzi.

"Huh? You did a good job and you want me to treat you? That won't work, you have to invite the boss." Xu Jianqing objected.

"Hahaha, the boss has spoken, so you must come and invite me." Liu Tingting, who hadn't traded for a day, laughed.

Similarly, Wang Ruoyu did not trade today, and Dongfang's wealth amplitude was too small.In fact, for the three of them, the current workload is really not heavy.

Gu Junhao's stock selection style of trading on the left side is doomed that a stock will not fluctuate greatly for a long time, which also leads to frequent intraday trading.

Fortunately, they are following Gu Junhao, if they follow a hot money institution or act as a trader for pure hot money, they will not be busy all day long.

The trading volume is not heavy, which also gave the three of them more time to study. With the trend chart, Gu Junhao will also guide the three of them frequently, which is why the three of them are making rapid progress.

Stock trading does not mean that you can make money by simply trading. It is the most important thing to learn and observe the changes in the market.

In the afternoon, trading continued.

After the shocking upward trend in the morning, at this time, with the optimism of emotions and funds, few people still believe that the stock market will fall today.

Trading started in the afternoon, and Yin Zhijie maintained a high-level oscillating pattern just like the previous ones after the big positive lines, and the stock price trend was perfect. Gu Junhao also focused more on Wanan Technology, which needed to reduce its position.

Wanan Technology suddenly changed 2 minutes before the market closed at noon; the stock price rose from 12.98 yuan to the closing price of 13.07 yuan, and it closed in a bald and positive trend in the morning.

As soon as the market opened in the afternoon, a buy order of 918 lots pushed up the stock price to 13.10 yuan. This trend, Gu Junhao felt as if he had returned to September 9.

The same noon closing changes, the same big order but the price does not rise; the routine doesn't care how novel it is, as long as it is easy to use.

With the emergence of large orders, the small buy orders on Wanan Technology's trading market are also very active. Seeing this, Gu Junhao said to Xu Jianqing: "Let's start selling, the maximum is 3000 lots, and you can sell as much as you can."

Xu Jianqing, who received Gu Junhao's order, acted quickly, throwing out 200 hands without thinking.

After the last test, Xu Jianqing also knew that Wanan Technology's trading model, if you want to sell more than 500 lots directly, you can only wait until the end of the trading call auction.

13.13 yuan, 200 lots were traded, and the pending order continued to sell, another 200 lots. This time the turnover was 13.11 yuan, and the share price of Wanan Technology began to fall after reporting 13.14 yuan.

At 13:28, Wanan Technology returned to the price of 13.10 yuan. During this period of time, the selling orders were intensive, and the funds for receiving orders also decreased, which caused Xu Jianqing's selling a lot of trouble.

Seeing this, he directly placed an order at the price of 13 yuan, and took advantage of funds and price priorities to sell first.

Xu Jianqing spent the whole afternoon in this way. At the closing time, Wanan Technology finally closed at 13.11 yuan, an increase of 2.86%, and the trading volume of the whole day reached 6160 million yuan.

Xu Jianqing successfully completed the set goal, sold 3000 lots, the average transaction price was 13.11 yuan, and the funds returned were 393.3 million yuan.

Including the remaining funds from the previous purchase of Yinzhijie, Junshi No. 393.5 currently has a total of [-] million yuan in cash.

With the final completion of the position reduction, Wanan Technology currently holds 5000 remaining positions, with a market value of 655.5 million yuan on that day. Gu Junhao's position reduction plan has also been successfully completed.

With these 5000 hands of Wanan Technology, Gu Junhao is not going to move any more in a short period of time. In the end, Gu Junhao will not move him again, or it is possible that he will never move again.

At the close of today, both the Shanghai Composite Index and the ChiNext Index received a bald sun. The Shanghai Composite Index reported 2306.86 points, an increase of 0.80%. The daily trading volume of 1794 billion has shrunk slightly compared to yesterday.

The GEM index reported 1495.51 points, up 1.21%, and the trading volume increased to 462 billion yuan, and the 1500-point integer mark was only one step away.

The best performer among the Junshi No. 8.94 holdings was Yinzhijie, which rose 22.18% to close at [-] yuan.
Xibe Securities is also doing well. Brokerage stocks collectively rose in late trading, and Xibe Securities also returned to above 12 yuan, reporting 12.15 yuan, an increase of 1.67%.

Dongfang Wealth dragged down the net worth of Junshi No. 13.63 again today, closing at 0.74 yuan, up 0.1%, an increase of only [-] yuan compared to yesterday.

This increase of 0.1 yuan is only a pull in the red at the end of the day. The time period for the whole day and winter of Fangfu's red market is very short, and it is almost kept between the flat market and the green market.

Tonghuashun’s K-line has three consecutive negatives and closed at 24.63 yuan, which is even less satisfactory than Dongfang Fortune.

The trend of these two stocks has also imperceptibly dragged down the GEM index, but if one of them performs better, the index will have no problem breaking through 1500 points.

It was another day of big gains, weighting themes were in full bloom, the market was staged an extreme short-squeeze market, and the trading volume was gradually enlarged. Even Thursday's statutory decline day did not have any effect today.

In any case, the first four days since September can be regarded as a carnival for A-share investors. The strong Si Lianyang trend of the Shanghai Composite Index has stabilized at 2300 points.

During these four days, the profit-making effect was excellent, and there were very few people who lost money. Even today when individual stocks are divided, there are not many stocks that can lose money.

Of course, Tong Huashun is an exception, but Tong Huashun is already outside the high position, and within these four days, as long as she doesn't move around, it is difficult to form a real loss.

However, for the fly sellers in the stud group, it was a rare opportunity to laugh at Li Ze.

"Today's statutory falling day can only be fulfilled by you, Li Kuang, haha." The brother who cut the meat on September 9, Tong Huashun, finally it was his turn to be elated.

(End of this chapter)