Chapter 205: The Statutory Falling Day Arrives as Promised (6K)
Chapter 205 The legal drop date comes as promised (6K)
Author: Ru Meng Ru Hua
Chapter 205 The legal drop date comes as promised (6K)
As the three major indexes plunged rapidly, the decline of individual stocks also began to expand rapidly, and some stocks that were in the red market in the morning also began to fall back.
At 13:30, the number of red stocks in the two cities gradually decreased, and the market showed a general decline. Naturally, the most affected fund holdings were Dongfang Fortune and Xibe Securities; these two stocks related to the index both fell rapidly.
Xibe Securities fell below the price of 11.70 yuan, and the decline expanded to 1.5%. The trading volume also showed a slight increase in volume, while the decline of Dongfang Fortune has expanded to 3%.
"Stable, don't worry." Gu Junhao said to Liu Tingting who was eager to try. The diving has just begun, so there is obviously no need to worry.
At 13:36, brokerage firms began to dive. As a weak stock, Xibu Securities was the first to react, with its stock price falling from 11.68 yuan to 11.54 yuan like lightning.
"It's time to open a position." Gu Junhao said to Liu Tingting. This kind of rapid decline is often accompanied by large sales orders. If you miss this period, it will take a lot of time.
Liu Tingting did not reply, but acted quickly; Gu Junhao looked at Wang Ruoyu and Xu Jianqing again, Wang Ruoyu was staring at the board.
Yin Zhijie's volume was relatively large today, Xu Jianqing was busy, and the operation of each stock was carried out step by step. Gu Junhao was quite satisfied.
As for Wan'an Technology, which Gu Junhao trades by himself, because the trading volume was too small, there was no chance, so he took advantage of this falling opportunity to look at Tonghuashun's trend chart.
Tonghuashun's performance today was quite good. Except for the early kill, it remained in the red throughout the morning, and then it was time for diving in the afternoon.
Tonghuashun only turned green in the three minutes of the opening. As far as today's trend is concerned, Tonghuashun is considered very good and did not fall as fast as Dongfang Fortune.
Near two o'clock in the afternoon, Tonghuashun even hit the 25 yuan position again, but due to the trading volume, Tonghuashun soon fell back.
"It's rising endlessly, and the high points are getting lower and lower. After all, we can't escape the adjustment." Gu Junhao sighed.
Although Tonghuashun performed well today, the trading volume was basically exhausted in the morning, and the trading volume was actually very small in the afternoon.
Like Gu Junhao, it is even more impossible for the main funds to sell out all the positions at once. In a day and a half, looking at Tong Huashun's changes in hands and transactions, almost everything that can be sold has been sold.
"Boss, how many hands did you make with Tonghuashun yesterday?" Wang Ruoyu asked. Who among the three paid most attention to Tonghuashun, it must be Wang Ruoyu.
"Not much was sold, a few thousand lots, less than 10 million in capital." Gu Junhao said with a smile, unlike Dongfang Wealth's daily trading volume of more than 1 billion yesterday.
Tonghuashun only has a capacity of more than 300 million, and it is actually very good to be able to sell 10 million. This is already close to 3% of the daily trading volume.
If there was a dragon and tiger list, Gu Junhao would definitely be on the list. It was a credit to his main funds that he didn't raise the limit yesterday, otherwise he would have been blinded.
"Well, boss is awesome; but I don't know what Mr. Jiang thinks. Boss, if you reduce your position, it will be enough to invest in his company." Wang Ruoyu said.
Today, Gu Junhao has invested in an unknown industrial company, and it has been spread in the company. For a private equity manager, it seems a bit unprofessional.
However, the people in the market intelligence department seemed a little excited. Gu Junhao had previously reclassified the responsibilities of the market intelligence department.
Some are dedicated to collecting information on the secondary market, and some are focused on primary market research activities; although the boss’s industrial investment this time did not use them.
However, everyone is still very optimistic. Although they were not able to use them this time, it does not mean that they will not be used next time. This can also be regarded as a test of the primary market by the boss.
In fact, their ideas are roughly similar. An investor cannot only focus on one product forever, nor can he only focus on the secondary market.
If Gu Junhao wants to become a qualified investor, he must be exposed to many types of investments, and the primary market is naturally indispensable. However, the primary market that Gu Junhao can currently accept is relatively limited.
Regarding investment in the primary market, Gu Junhao's focus is still mainly on Beicang and some areas around Yongcheng. He has no choice but to make all his current contacts, except Su Mingyu, concentrate here.
For example, the well-known Youyin and Duoduo companies are in their early stages, but companies like these will not accept investment from ordinary people, even if they have money.
The reason is simple. The financing of these enterprises is calculated in US dollars. Even the initial financing starts from several million US dollars, and in addition to requiring a lot of money.
What fascinates these founders the most is whether resources can be provided to them. Gu Junhao’s current money does not meet this standard, and he does not have any resources to provide them.
Even if you follow the prophet's routine, get close to the founder, and point out the development trend of the company, the big bosses will not accept your investment. At most, they will just invite you to join their company.
Nowadays, the Internet has become very mature. Founders who can carve out a path in this environment and stand at the top are unlikely to be deceived by just a few words of deception.
And as far as the primary market is concerned, Gu Junhao is more willing to invest in some companies with real industrial foundations. These companies will also have listing opportunities in the future.
As for Internet companies, Gu Junhao personally has little interest in them. He is about to start a business. The ultimate destination of Internet companies is to do just that, in addition to selling advertising.
Although the money comes in quickly, it is also easy to cause controversy. For people like Gu Junhao who do not have a strong backing, some money can be earned as little as possible.
At three o'clock, the day's trading ended; today's decline in the two cities was more severe than yesterday. The afternoon plunge caused the three major indexes to fall below the 5-day line, and the wind direction changed from strong to weak.
The Shanghai Composite Index fell 0.99% to 2207.11 points. According to this falling method, tomorrow will be another day to test 2200 points. The ChiNext Index fell 2.26% today to 1411.15 points.
Among the stocks held by funds and individuals, Dongfang Wealth suffered the most, falling 4.63% to close at 12.77 yuan. Although the trading volume was much smaller than yesterday, it was still as high as 999 million yuan.
Unsurprisingly, the one with the highest increase was Yin Zhijie, which hit the daily limit yesterday. Yin Zhijie closed at 19.87 yuan, an increase of 3.13%. Yin Zhijie's new high price also solved all the early lock-ins except chasing the high today.
plate.
The Yinzhijie stock trading area is much more active than some time ago. The sharp rise for two consecutive trading days has attracted a lot of attention.
"How much did you buy?" Gu Junhao asked Liu Tingting after the market closed.
When Xibe Securities fell to 11.54 yuan in a flash in the afternoon, Gu Junhao asked Liu Tingting to start building a position. At the close of trading, it closed at 11.61 yuan, down 2.03% on the day, and once again found a big negative trend.
"3,000 lots, I bought a lot through call auction." Liu Tingting said with a smile. It was still difficult to control the price to buy more stocks during the day. Call auction was obviously not a good choice.
The average transaction price of 3,000 lots today is 11.60 yuan. With 6.7 million yuan in funds, we are already halfway through opening a position. I think it will be almost done if I can buy more tomorrow.
"The speed is quite fast. We will continue to follow this rhythm tomorrow and fill up the position." Then Gu Junhao said to Wang Ruoyu: "Dongfang Wealth has been falling for two days in a row. Don't be anxious now. Let's wait until the GEM index is almost adjusted.
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The ChiNext Index broke through the 5-day line and the 10-day line today. Although the long-term trend remains unchanged, there is no support above the daily K-line. It is inevitable to find further support points downwards.
Today is already the 26th, and there are only three trading days left this month, and these three trading days are the intensive release period of semi-annual financial reports.
Some companies whose performance is poor and have been dragging on have no reason to continue dragging on, so these three days are also the time when individual stocks frequently explode.
But if you think about it from another perspective, if you have survived the minefield of the semi-annual report, you will be able to live a stable life for a long time. It can be considered a good news.
This can be seen from Yinzhijie's performance. After Yinzhijie officially announced its semi-annual report, it only fell for one day and adjusted for two trading days.
After that, the rising mode started. What should have fallen has also fallen by about the same amount, and the low consolidation is enough. Naturally, the rebound is not expected to be too far away.
August 27, Wednesday: After experiencing sharp declines on Monday and Tuesday, the three major indexes all opened slightly lower today, which can be said to give the market a breath of relief.
However, the performance of individual stocks is still unsatisfactory, and the collective auction trends of most individual stocks are very average.
"What do you think, boss, of today's market?" Liu Tingting, who was closest to Gu Junhao, asked after the call auction. Xibe Securities started with a flat price today, but the volume of the call auction shrank severely.
"It's just a matter of taking a breath before falling again. Unless we find strong support or the big positive line returns to the bullish trend, the high opening here is meaningless." Gu Junhao said decisively.
"Do you want to buy it today?" Seeing that the boss is still in a bearish trend, Liu Tingting is naturally happy. Being able to collect more chips at a lower price can be regarded as her own performance.
"Buy, go long, go short, go short, go long, why not buy if you have money." Then Gu Junhao added: "It should be based on the trading volume, and don't force the position to be full, so that we can collect more chips."
Yesterday, Xibe Securities only traded 135 million yuan. The more than 3 million yuan Liu Tingting bought actually accounted for 3% of the total trading volume, which is definitely not a small amount.
Even if a stock is opened at the lowest price, Junshi No. 1, with its existing capital, cannot buy the entire position, and the trading volume is not allowed.
Only retail investors with relatively small funds can fully fill their positions at the lowest price, which is why Gu Junhao is bearish on shorts and longs.
When funds reach a certain level, it is impossible to avoid retracement. All that can be done is to minimize the degree of retracement through position management capabilities.
Gu Junhao has done this very well. Whether in this life or in his previous life, Gu Junhao, who grew up after the 2015 stock market crash, can minimize the retracement through reasonable position control whenever the market adjusts.
And this ability is also reflected in buying the bottom. With a reasonable position, the whole person will be more calm physically and mentally during the decline. In this way, you will naturally not panic when buying the bottom.
As far as the current cost of Tonghuashun is concerned, the cost of Gu Junhao's 12,000 positions has dropped to 0.3 yuan, which is a number that cannot be dropped under any circumstances.
Even if Tong Huashun's retracement is very strong, at a certain position, Gu Junhao will naturally dare to increase the position, because he is already in an invincible position anyway.
The same is currently true for Junshi No. 1. Junshi No. 1, whose overall profit exceeds 50%, has experienced a certain degree of retracement, which is nothing to Gu Junhao.
At 9:30, the trading started. The index fluctuated within a narrow range and the performance was sluggish. The trading volume was much smaller than the previous trading day. Wan'an Technology, which unexpectedly rose by 1.19% yesterday, opened 0.02 yuan higher today.
In fact, a stock with such low trading volume seems to have no reference significance at all. A slightly larger order is enough to knock it down by more than 2%.
Gu Junhao can currently do this. Based on Wan'an Technology's early trading volume, from 9:30 to 9:44, the total number of transactions on the market was only about 1,000 lots.
The trading volume of almost 1,000 lots was all done by retail investors. There were only three orders above 100 lots. At this time, if Gu Junhao directly placed an order of 1,000 lots.
Come to think of it, the current stock price of Wan'an Technology is not likely to rise by three cents, but will fall by thirty cents. However, Gu Junhao will naturally not do this.
I don’t want to control the market, there is no need to do this. If I want to control the market, I can do this, use a small amount of funds to smash the market, causing panic among retail investors, and then I can attract money.
Compared with Xibu Securities, which was trading sideways during the same period and has already fallen below the level, Wan'an Technology's trend is stronger, but Wan'an Technology, with its moving averages intertwined, is still facing a point of change.
"You are willing to kill the enemy, but you are powerless to save the day." Gu Junhao looked at Wan'an Technology helplessly. If it weren't for his feelings and knowing his general trend, he would really want to clear his position.
With such a daily trading volume of 20 to 30 million, it would be fine if it really fell below the level; but it happened to be in a high sideways trend, and it was useless to know that he wanted to adjust.
The daily turnover is more than 30 million, and selling 3 million in a day is a very luxurious figure, not to mention that it is almost impossible to clear the position in one day with a market value of more than 11 million.
Unless you core yourself.
The sluggish market situation destined today's trading to be very boring. Throughout the day, the two city indexes turned slightly red, with the Shanghai Composite Index rising by 0.11%, the GEM Index rising by 0.67%, and the trading volume fell below 30 billion yuan.
Tong Huashun, who let people escape yesterday, no longer pretends to be a major investor today, bucking the trend and falling 3.75%, with the stock price at 24.10 yuan. If calculated from Monday's high of 26.70 yuan, Tong Huashun has also fallen by nearly 10% in three days.
After filling in the rights, Tonghuashun's turnover rate exceeded 24% within three trading days. Relatively speaking, the chips have become seriously loose. As the saying goes, it rises quickly and falls hard.
For Tonghuashun with loose chips at high positions, the adjustment is destined not to be as easy as Dongfang Fortune, all because Dongfang Fortune has the support of trading volume.
Once Tong Huashun's main funds stop working, it is destined to fluctuate downward. In Gu Junhao's view, this wave of adjustments will hit the gap on the latest start day.
That is, on August 13, the day when the daily limit was broken at the end of the trading session, my big A was to make up for any shortfall. I had already adjusted my posture and made up for the latest gap. It was very reasonable.
"Okay, it's time to get off work. There's no need for a meeting." After reviewing the trading for a while, Gu Junhao said to the three of them. Today's performance of the market and individual stocks has no reference significance.
Therefore, the after-hours meeting can naturally be cancelled. Although it was only after 4 p.m., for Xu Jianqing and the other three, it was common for them to get off work early, so it was not too strange.
After walking out of the trading room, Gu Junhao did not continue to stay in the company. Instead, he walked straight out of the door and went home. After a night of rest, Gu Junhao walked into the trading room in high spirits the next morning.
"Why does the boss look so happy?" Xu Jianqing asked Wang Ruoyu with some confusion.
Wang Ruoyu rolled her eyes at him and said nothing.
"Singles, you don't understand." Gu Junhao also heard it. While mocking Xu Jianqing, he accidentally opened his mouth again and mocked the three of them together.
Wang Ruoyu and Xu Jianqing were basically immune to this kind of ridicule, but Liu Tingting obviously couldn't stand it, and said a little crazy: "Ah, I must find a boyfriend this year. I have been ridiculed many times by the boss, who is better than me."
Mom is still annoyed."
"It's okay, you'll get used to it after hearing it a few times." Xu Jianqing shrugged nonchalantly.
In fact, in terms of age, the three of them are older than Gu Junhao. Liu Tingting is 25 years old, and Xu Jianqing is the same age as Wang Ruoyu, both 26 years old.
All three have good incomes. In fact, this age is suitable for finding a partner to stabilize. With a partner, the goals will be different.
For example, Xu Jianqing, during the last chat, Gu Junhao reminded him to save some money or seek some support from his family to buy a house here, but Xu Jianqing said that there is no need to buy a house now.
Most men in the single stage have the same idea as they grow up. Gu Junhao in his previous life also had the same idea at the beginning. Gu Junhao naturally understands this.
However, although the relationship between the three of them was more like friends than superiors and subordinates, Gu Junhao could not persuade him much. When he wanted to buy a house in a few years, he would regret it.
If a single man wants to save money, unless he has a strong family background or is extremely self-disciplined, it will be difficult no matter how high your salary is.
At 9:25, the call auction ended; yesterday's rise seemed to have continued today; after the auction ended, both cities opened slightly higher, but this was just the performance of the index.
The stocks in the two cities are more green than red, whether they are correcting at a high level or consolidating at a low level; Junshi No. 1 positions include everything.
During today's bidding, the stocks held by Junshi No. 1 and Tonghuashun all opened at low prices.
"Illusions are confusing people again." Gu Junhao said with a smile. It seems that the power of the statutory down day is still there, and today's confusing operation method of the index seems to prove something.
At 9:30, trading officially started. Affected by heavyweight stocks, the Shanghai Composite Index showed a slight upward trend, but the ChiNext Index fell rapidly.
"Haha, this is a showdown. I went to the 20th line. I filled up my position today." Gu Junhao said with a smile.
Today's GEM trend, no matter what, it will drop by more than 1 point. Yesterday, it closed slightly in the red, but today it was completely swallowed up in less than 10 minutes.
Today has been a definite decline. This week's decline was really miserable. It fell in three of the four trading days. The only day it rose was gone in less than 10 minutes.
The full position of Xibu Securities was operated according to plan, but the full position of Dongfang Fortune was based on Gu Junhao's temporary judgment. Today's decline in the index has found a new support point.
For Dongfang Fortune, which opened lower in early trading and directly broke through the 5-day line, it also needs new support points, which are the 10-day line and the two Changyang lines on the 21st and 22nd.
Dongfang Wealth's recent volume has been huge, and it has been extremely strong in the early stage. Coupled with its dazzling performance, the short-term adjustment of strong stocks cannot be judged in the same way as the index.
Maintaining the long-term unbreakable trend and buying low near the 10-day line are the main operating ideas of Dongfang Fortune's temporary decision to fill the position today.
As for misreading the stop loss, Gu Junhao has never thought about this. With the current extremely low cost, Dongfang Wealth does not need to have a stop loss position if it is misread in a short period of time.
Only when it falls below the two previous big positives can it be possible to stop the loss, but it is not necessary at that time because there is support from the 20-day line.
Dongfang Wealth, which has already started its momentum, before the bull market comes, no matter how it falls, it cannot remain in a position-breaking state for a long time like last time. A retracement of several trading days is still tolerable.
As for Yin Zhijie and Xu Jianqing, they have been trading recently. There is no need to explain specifically. For low-level startup stocks with increased trading volume, there is no need to worry about a pullback.
Wan'an Technology, which has risen for two consecutive trading days, was suppressed by the 10-day moving average today, and its trend was like the GEM Index, fluctuating downwards. In early trading, there was no obvious change in trading volume.
After half an hour of shock, the GEM index, which opened higher, expanded its decline to 0.7%; however, as the Shanghai Composite Index turned red due to the partial protective behavior of large financial institutions, the GEM index also rose slightly.
The protective behavior of financial stocks only delayed the index, but did not prevent the continued decline of small and medium-sized stocks. Wan'an Technology, Tonghuashun, Dongfang Fortune, etc. all fell again.
At 10:30, seeing that there was no hope of protecting the market, financial stocks also died down. The Shanghai Composite Index fell to the green market again, and the GEM Index also fell rapidly during this period, falling below 1410 points in less than 10 minutes.
"It's cruel enough." Wanan Technology's decline has now expanded to more than 2%, which has also swallowed up the gains in the previous two trading days. It is the main force to take advantage of the index's decline to change the market.
However, judging from the trading volume of Wan'an Technology, it is not ruled out that retail investors are hurting themselves. If this is the case, the main funds will be more worry-free.