Wang Minghui asked disapprehantly: "How can you see it?"

Li Xin explained: "Let's not talk about anything else, let's take Gulf Cement as an example. The upward momentum of this stock is very obvious, it is the leading stock in the cement sector, and the rise of the cement sector is also very obvious under its drive, which is also benefiting from the pull of large-scale infrastructure construction, right?"

"Hmm. Wang Minghui nodded.

Li Xin continued: "Because of the large-scale infrastructure construction, the demand for cement will definitely rise sharply in the future, but if you look back and think about it carefully, how much kilowatt-hour of electricity does it take to produce a ton of cement? How much coal does this electricity consume? Whether or not the increase in industrial electricity consumption is an important indicator to measure the degree of economic activity, and if the electricity consumption goes up and the economic activity goes up, will the entire stock market still be as sluggish as it is now? It is impossible. It is because of this that I bought the stock of Jingxi Coal as soon as the market opened on Monday. Although Jingxi Coal Industry is far behind the rise of the cement sector and the construction machinery sector today, I am not worried at all, and this type of stock will definitely have room to rise in the future. ”

Wang Minghui listened and didn't speak.

Li Xin also said: "In fact, yesterday and today, the continuous rise of the building materials sector and the construction machinery sector stocks has strengthened my confidence in the bullish market outlook, because the current rapid rise of these two sectors is compared with the rapid decline of the brokerage sector in November last year, when the rapid decline of the brokerage sector gave the signal that the bull market has come to an end and the bear market is about to begin, and now the rapid rise of the construction machinery and building materials sector stocks has given the bear market is about to end. A signal that a bull market is about to begin, and it is likely to be a major turning point in front of us. ”

"Then why is it the construction machinery and building materials sector that is giving a bull market signal now?"

"Maybe it's because the direction of the good news last weekend is too clear, and the main funds feel that they can take the opportunity to speculate on the construction machinery and building materials sector first. And as we mentioned yesterday, I guess many people don't believe that a bull market is coming. In fact, this kind of psychology is also compared with the sharp decline in brokerage stocks in November last year, when the brokerage sector has begun to fall sharply, but many people still do not believe that the bull market has ended, their bull market thinking has not been converted, and in March and April this year, when the stock market has begun to fall sharply, it is believed that the bull market will continue to rise to 7,000 points or even 8,000 points after a short pullback. Now that the stock market has fallen to such a low position, because of the bear market that has lasted for a year, many people's bear market thinking has not yet turned around, and they think that the market will continue to fall to 1400 or even 1200 points after a short rebound. In this case, it is not surprising that the brokerage sector cannot rise for a while. ”

Wang Minghui said: "I hope so. He still has a lot of questions in his mind, but at present, he can only hold shares and wait, especially after seeing the embarrassing experience of the stock price rising instead of falling after Zhang Shaohui sold yesterday and today, and he had to pick it up in a hurry as a last resort.

Wang Haoqiang asked: "Li Xin, what should you do if the market really can't go up and fall?"

Li Xin said without hesitation: "This is simple, I have already thought about it, as long as the stock in my hand falls by more than 10% compared with the previous low, I will immediately stop the loss position." ”

Wang Minghui asked with great interest: "Then where is your stop loss?"

Li Xin said: "Two weeks ago, the market hit the lowest point of this wave of correction at 1664 points, and the point of the market has not broken through this low point in five trading days last week, but has fluctuated back and forth around here." This week, stimulated by the good news, the broad market index got rid of this bottom and went up, which shows that the bottom of 1664 points is quite solid. Coincidentally, I noticed that many stocks also made lows in the last week during this bear market. For example, the low point of 6.98 yuan in Jingxi Coal Industry was set last Friday, and the low point of 7.66 yuan in Liugong Machinery was also set last Friday. That is to say, the low point of many stocks last week is almost a watershed, the price runs above this level, there is a lot of room to rise, if it falls below this key point, the probability of falling is greater. As far as the two stocks in my hand are concerned, if the market really can't go up, as long as the price of these two stocks falls below these two lows by 10%, I will immediately stop loss and leave the market. ”

Wang Minghui said: "You can say it easily, you have such a big position, when it really comes to that time, are you willing to stop the loss and leave?"

The reason why I suggest that you hold shares under the current situation is because the probability of rising in the future is far greater than the probability of falling, but if there is such a small probability event as falling, then the only way to do it is to leave it to the stop loss, otherwise what to do with a preset stop loss price in advance?" Li Xin said calmly.

Wang Minghui blinked his eyes and didn't speak, Wang Haoqiang and Zhang Shaohui also carefully guessed the meaning of Li Xin's words in their hearts. Several of them were very miserable in the process of falling in this bear market, judging from their own personal experience, they vaguely felt that what Li Xin said was right, it stands to reason that they can understand such a simple truth, but how can it not be used well in the actual operation process?

Thursday, November 13th.

At 9:17 in the morning, other stocks have begun to enter the buy and sell prices to participate in the call auction, but the price display bar of Liugong Machinery on the computer screen is still blank. Li Xin felt very strange, so she asked Zhang Shaohui: "Why is there no price display for Liugong Machinery until now?"

"No, I'm wondering. ”

Because Li Xin never participated in the call auction, and now there are seven minutes before the 9:25 call auction data comes out, he thought that the price data of Liugong Machinery stock would come out in a few minutes, so he converted the graphics on the computer screen into the price trend of Jingxi Coal.

At this moment, I only heard Zhang Shaohui say behind him: "Damn, Liugong Machinery was suspended for one hour from 9:30~10:30 today!

"Is Liugong Machinery suspended today?" Li Xin quickly turned around and asked.

"Yes, I'll just say why the data of its call auction has not come out so far, no wonder it is suspended!" Zhang Shaohui said, pointing to the computer screen.

Li Xin hurriedly asked: "What is the reason for the suspension? Is it only for one hour?"

Zhang Shaohui said: "It's suspended for one hour, but I haven't had time to see what the reason is, you wait for me to see." ”

Li Xin couldn't wait for Zhang Shaohui to tell himself after seeing the reason, he immediately turned around, called up the information of Liugong Machinery on the computer screen, and carefully checked what the reason for its suspension for one hour today was.

A minute later, the stone in Li Xin's heart fell to the ground. The reason why Liugong Machinery stopped trading for one hour today is that in the past three trading days, the price of this stock has risen by more than 20%, so the exchange should suspend the company's trading within an hour of 9:30~10:30, so that the company can explain whether there is a special reason for the sharp fluctuation of its stock during this time period.

Liugong Machinery has a detailed explanation in the company's major events, indicating that the company's stock price has fluctuated significantly in the past three trading days, reminding investors to pay attention to risks, but at the same time, it also shows that the company has no information that should be disclosed and has not been disclosed.

In Li Xin's view, this suspension information should not be considered negative. Because there has not been any substantial negative news about the company, the suspension of trading by the exchange today is just a routine matter. It is not uncommon for companies like this to be suspended by more than 20% in three consecutive trading days, and if the company's fundamentals and performance are very good, such a suspension can even spur further stock prices to some extent.

The rising momentum of Liugong Machinery in the last three days is outstanding in the entire market, and the fundamentals of this company are very good, otherwise it would not be able to act as the leader of the entire market.

In Li Xin's view, this stock is stimulated by the current positive factors, and there is still a lot of room for growth, and the current suspension of trading should not have a substantial impact on its stock price.

But Zhang Shaohui doesn't see it that way.

The reason why he sold the stock yesterday morning was because he expected it to fall sharply.

Although he chased the stock back at a higher price just before the close of trading yesterday afternoon, this buying operation was not in line with his own intentions and was somewhat distorted.

If it weren't for the fact that the price of the stock had risen again in late trading after he bought it, and he had made some profit on his account, he wouldn't have known what to do last night.

After a night of suffering, he expected the stock to continue to soar after the opening this morning.

But I didn't expect the news of suspension before the market opened. It's like pouring a scoop of cold water on his head, which makes him nervous: stop trading for an hour, isn't that a good sign! Will the stock open on the down limit after the market opens at 10:30?

He pondered for a minute or two, and then asked Li Xin: "It's a bit bad to have this kind of news at this time, will it fall sharply immediately after the opening of the market at 10:30?"

"It shouldn't be, there are more companies suspended like this, as long as the company itself doesn't have big problems, the stock price should still develop according to the original trend. Li Xin said.