The Road to Rebirth Finance

Chapter 29 Intraday Big Reversal (4K)

After I got home, the market had already closed in the morning, so I turned on the computer, called up the stock trading interface, and checked the trend of this morning after the bad weather hit on the weekend.

"I'm going, this is too miserable, this group of funds is really too ruthless." Looking at the time-sharing chart, Gu Junhao was a little shocked.

Today’s two markets were miserable. By the end of the afternoon, the Shanghai Composite Index had fallen by more than 1%, and the Shanghai Composite Index had not fallen much. This was mainly due to the surge in brokerage stocks. The restart of IPOs is a good thing for brokerages.

Brokerage firms maintain most of the index weight, and the surge in brokerage firms is also the reason for the small decline in the Shanghai Composite Index. However, most of the Shanghai stock markets except brokerage firms are in the green state, and some small-cap stocks have fallen even more.

Switch the interface to the GEM index. From the time-sharing chart, the GEM index fell sharply from the beginning of the opening to the closing in the morning, and the decline has expanded to more than 7%.

"It's a bit exaggerated. The index has plummeted by 7%. It seems that it can't stop it. It's really ruthless." On the market, the hot stocks in the early stage of the GEM, including Xiangsu Technology, are all set at the price limit position at the moment .

"Such a decline cannot be recovered in a few trading days, just wait and see."

Looking at the market, Gu Junhao decided not to open positions in these few trading days. Even if the financing funds arrive in the account tomorrow, it will depend on the specific situation. If it can fall to around 1200 points tomorrow, then it can be copied. Try it, or wait until this Friday or even longer.

The specific situation needs to be analyzed in detail. In the past, the price limit of Su Technology was a good thing for Gu Junhao. If it did not fall, it would not be easy to get it back. However, his volume today is a bit large, and it should be that he has funds to stop the profit and get out.

I looked through the posts in the stock trading area and Taogu Bar, and found that a group of retail investors were cursing and crying miserably.Under my post, there are also people who envy me for running away, and retail investors in the stock group are also swearing.

"It looks like it hasn't fallen completely, and I still have the strength to curse people. I can buy the bottom when I fall to the soundless."

Tuesday, December 2013, 12.Today, Gu Junhao's financing funds have also arrived in the account. With 2 of his own funds and a leverage ratio of 80:160, the available funds have reached [-] million.

During the call auction, the ChiNext Index continued its decline and opened at 1223.38 points.

"Gap and open low, I should scare out a group of people today, but if I can reach around 1200 points today, I can copy it."

Switch the interface to Quangsu Technology, and Xiangsu Technology quoted 72.90 yuan, which happened to be the lower limit price yesterday, and the profits of the bottom-hunting funds involved in yesterday's lower limit price all returned to zero.

At 9:45, the trading started, and the GEM index fell straight down without any surprises, and Xiangsu Technology also fell accordingly. At 72:20, it hit the lowest price of [-] yuan, which was only one step away from the [-]-day line up.

At this time, the index was still in the process of falling, closing at around 1206 points, a drop of more than 3%, and the index fell by more than 10% in two trading days, completely engulfing the previous rebound trend.

Faced with such an opening result, Gu Junhao was able to keep his heart calm. That's because he has no positions and is in a state of short positions. However, in the group he joined, there are still some stock communities, peach stocks, etc., but emotions have already appeared at this moment It was in a state of collapse, and the emotions of retail investors were suppressed to the extreme.

"I'm going, and it's falling like this again? 1200 points seem to be unstoppable, do you want to cut the meat?"

"It's hard to say. In fact, the GEM is considered a high position now. It has risen by 585 points. Even if it is now 1200 points, the index has more than doubled. I really dare not accept this position."

"It seems that 1400 points is the highest point of the year. The second wave of rebounds will not reach the previous high. It is basically useless. It is time to cut the meat."

"Hey, every time I entered the market, I fell sharply. I really saw a ghost."

Seeing these remarks in the group, Gu Junhao felt that his emotions had reached a short-term freezing point. If the index could break through 1200 points again, he should be able to make a profit.

However, it is not an easy task to reverse quickly. At least one more bottom must be built at 1200 points to form a real bottom.

At 1198.06:1200, the GEM index reported 1191.18 points, and once again fell below [-] points, but it did not touch the previous low of [-].

At this time, the panic has reached its peak. Some retail investors can't stand it and cut their meat to clear their positions, while others give up resistance and directly enter the state of playing dead.

However, at this time, a huge amount of funds suddenly began to frantically pour into the GEM, which has fallen below 1200 points. Numerous core stocks on the GEM rebounded quickly, and the index also rose like lightning.

Seeing this, Gu Junhao quickly switched to the interface of Xiangsu Technology. At this time, Xiangsu Technology has pulled from the low point of 72 yuan to 72.82 yuan, and successfully stood on the yellow moving average of the day.

"It seems that it will not fall below the 20-day line again. This rebound is obviously stronger than that of the GEM. Don't wait, just buy the line directly at 73 yuan, which can be regarded as a small fire."

The order of 2 shares to Su Technology is not a small order on the transaction interface at this time.

Gu Junhao's buy order was quickly filled due to the higher price of several positions, with 2 shares at an average transaction price of 72.93 yuan.

At this time, Gu Junhao's new account is already full, and the next step is to look at the performance of the market and Xiangsu Technology.

"I'll go, he won't fall just after I cut the flesh?"

"No way, this position stopped? Can I pick it up again?"

"Well, it's a good thing to bear it. Let's take a look again. 1200 points is a bit of a loss. Brother T also said that 1200 points is the recent low point."

"I can only bear the word."

"In the past, the technology stopped falling, and I kind of wanted to take it back. I don't know how Brother T operates."

At ten o'clock, when Xiangsu Technology fell near the intraday yellow moving average again, a 2000-lot buy order appeared, which quickly raised the stock price to 73.44 yuan. At this time, the ChiNext Index also started its rebound. road.

Numerous bottom-hunting funds poured in frantically, and the ChiNext Index rebounded rapidly, quickly rising from the lowest point of 1198 to 1218, with a strong rebound.

"Yes, there is a lot. It seems that there is a rebound today." The index has a stable trend. As a white horse stock on the GEM, it is also a popular stock in the near future, and it also performed well.

When the 5000-lot buy order appeared for the first time in the day, Xiangsu Technology also rose rapidly, and the stock price closed at 75 yuan, which was the first time it became popular within the day.

The Shanghai Composite Index also helped at this moment, quickly pulling down from the water to a flat position, and both cities rebounded and the rebound is still in progress.

The continuous flow of funds poured into the GEM, receiving today’s meat-cutting chips. At 10:30, half an hour after Gu Junhao’s position was full again, the GEM index had already risen above 1230 points, and a false positive cross star was realized within the day.

At 1240 o'clock, the GEM index once again climbed above 1 points, and the decline narrowed to less than 76.35%. Xiangsu Technology pulled up to 2.48 yuan, reporting an increase of [-]%.

At 11:30, the morning trading ended, and the GEM finally closed at 1237.76 points, an intraday decrease of 1.01%, while the past closed at 78.08 yuan, an intraday increase of 4.8%.

At this time, no one thinks that today is a fake rebound. All the short-term funds in the two cities and most of the retail investors have already reacted.

Countless pairs of eyes were fixed on the Growth Enterprise Market, Dongfang Fortune, Tong Huashun, Xiangsu Technology, and some popular stocks related to the index, all of which achieved a desperate counterattack.

Dongfang Fortune, Tong Huashun, etc. pulled up from the lower limit position one after another, and the decline was within 5%, leaving a long shadow line, while Xiangsu Technology was even more imposing, reporting a rise of nearly 5%.

"It's too strong. Dongfang Wealth, Tong Huashun's market is so big, it dares to pull up the limit position. How much money does it need?"

"If you want to say it is strong, it has to be Xiangsu Technology. The ChiNext index has fallen below the level, and he didn't even fall below the 20-day line. Yesterday's limit was finally pulled up. Today is even more extreme."

"This is not giving people a chance. It has already been pulled to 80 yuan. Which position is this going to be considered as the end?"

"So what if we know, we dare not buy this kind of stock, hey, I really regret it. I was only in my early 30s when I read it."

"Who said it wasn't? At the beginning, a buddy in the group was full of stocks for technology, and he dared to buy it when he was over 50. It would be great if he followed suit at that time."

The GEM achieved an intraday reversal. At noon, some institutions and big Vs who were short-sighted in the early trading all changed their minds. On the Internet and social media, various analyzes of the current market situation showed that this is the bottom.

In short, they are all reasonable, and such behavior has also attracted retail investors to curse.

This is the case in the financial market. Except for a very few investors who can keep calm and make correct judgments, most of them are followers.

In such a market, in addition to operations, vision and technology, more human nature is tested. The greed and fear of human nature are infinitely magnified in this market and manifested in the K-line form.

Before I knew it, it was one o'clock in the afternoon. After bottoming out in the morning and rebounding violently, the trend of the ChiNext in the afternoon was much better.

After a small retracement, the index began to rise all the way, and tens of millions, hundreds of millions of funds flocked to the ChiNext.

At the same time, the active funds that were originally on the sidelines, including some retail investors who had cut their flesh in the early trading, couldn't help entering the market again.

Under such circumstances, the index climbed up at a speed visible to the naked eye, and at two o'clock, it recovered without hindrance the gap that it jumped down in the early trading.

The three major indexes have successfully turned red, and there are fewer and fewer selling orders. Funds continue to flow in, and off-market funds are running into the market.

Gu Junhao's holdings of Xiangsu Technology took the lead in the rebound of the GEM today. After 40 minutes of upward volatility at the opening of the afternoon, at [-]:[-], two large orders of [-] lots directly brought Xiangsu Technology to the daily limit price.

On the intraday time-sharing chart, it is a straight line with an increase of nearly 5%, heading straight to the top of the cloud. At the same time, Xiangsu Technology also appeared in the first place in the 5-minute increase in the two cities.

"Excellent, I thought there would be a rebound, but I didn't expect to dare to hit the daily limit. It seems that the probability of closing the board is very high." Looking at the trend of Past Technology, Gu Junhao said with some surprise.

I just wanted to eat a rebound, but I didn't expect to get a daily limit by accident.

At 81.95:30, after experiencing a round of board shocks for a few minutes, Xiangsu Technology completely sealed the daily limit, at [-] yuan, and the board closed orders were close to [-] billion yuan.

"Beautiful, with an intraday profit of 12.37%," looking at the daily limit reported by Xiangsu Technology, the daily profit on the account was 19.84 yuan, which was close to 20 yuan.Gu Junhao was extremely happy.

The daily income is nearly 20, which is also a new high since I was reborn. As expected, it is more delicious to use leverage, but at present, this kind of funds of less than 200 million can still enter and exit the whole position. If the funds reach eight figures, then it is not like Now it's so easy to stud the whole warehouse, and the scoring warehouse is operated.

In the past, the daily limit of the technology has further catalyzed the market, and related concept stocks have risen one after another, the general rise situation has further intensified, and the market's profit-making effect has further improved.

Finally, when the market closed at three o'clock, the Shanghai Composite Index closed at 2222.67 points, an increase of 0.69%, with a turnover of 1007 billion yuan, and the ChiNext Index closed at 1255.33, an increase of 0.11%, with a turnover of 338.7 billion yuan.

Although the GEM index was able to receive red, it achieved a big reversal within the day after falling below 1200 points, which also gave the market a shot in the arm when the IPO was profitable, such as Gu Junhao, who bought the bottom Investors have reaped a lot of profits.

However, Xiangsu Technology closed at 81.95 yuan, an increase of 10%, with a transaction value of 4.25 million yuan, a decrease of 5.46 million yuan compared with yesterday's 1 million yuan.

"Today's trend of past technology will be on the Dragon and Tiger List again, and then we will know who is buying and who is selling."

After the market closed, major financial media, financial websites, and some experts and big Vs all called today's GEM a "miracle day" and threatened that it was a signal that the GEM had bottomed out.

A huge golden needle penetrating the bottom of the positive line has changed people's beliefs. The market has gone from the extreme panic in the early trading to the current full of expectations, which is vividly displayed.

However, Gu Junhao does not think that the GEM will continue to rebound here. Today’s golden needle bottoming is more like a reverse draw. Before the negative IPO is not fully digested, it is unlikely that the GEM will rebound directly like this.

Obviously, only one trading day's decline is not enough to digest the bad news of the IPO, but the bottom position of 1200 points should have been confirmed.

The most obvious performance is Dongfang Fortune, Tong Huashun and other heavyweight stocks. Although they all pulled up from the limit position today, they performed mediocre throughout the afternoon.

This is also one of the reasons why the Growth Enterprise Market Index still underperformed the Shanghai Composite Index under the general environment in the morning and the influx of funds.

As for the past technology, yesterday’s sharp drop, although it pulled up from the limit price in late trading, yesterday put a huge cloud in the sky, with a turnover of more than 5 million, and today is another trend of shrinking and rebounding, which also shows that some Funds have been taken out of profit.

"Pull up from the limit, probably because it is not on the dragon and tiger list?" Gu Junhao thought.

Under this sentiment, the market came to 05:30, the new dragon and tiger list of the two cities was updated, and the high-profile past technology list was on the list.

　4 in [-] tonight, [-]K chapters.

　　
　
(End of this chapter)