Chapter 605: The Cow Turns Back (4)

It was only after the opening of the afternoon that the market index continued to rise, and closed at 2030 points, an increase of 2.22%, under the influence of such a strong upward trend, Liugong Machinery also closed at 12.20 yuan at the closing time, an increase of 4.9%. The momentum that led the market has disappeared, and it has become a role to follow the rise of the market.

Jingxi Coal Industry This stock after the last two trading days after two consecutive price limits, today after the opening is also continued to rise, at 10:02 the highest share price has risen to 10.51 yuan, an increase of nearly 6.20%. After hitting a new recent high of $10.51, its share price also launched a wide range of fluctuations, closing at $10.30 by the end of the day, an increase of 4.15%.

Li Xin's mind has now shifted to the stock of Jingxi Coal Industry, which has recently continued to rise and fall, and its trend of leading the market has gradually emerged.

Although its 4.15% increase today is a bit unsatisfactory, it has also risen by more than 25% in three consecutive trading days, combined with the two daily limits in the previous two trading days. Because of the previous Liugong machinery rose more than 20% in three consecutive trading days, the next trading day will be suspended for one hour of this experience, Li Xin thought that tomorrow November 18 after the opening of the stock will also be suspended trading for an hour, under the influence of this seemingly negative news, its stock price today did not continue to rise and fall seems to be reasonable.

After all, a good meal is not afraid of being late, and it can be seen from the trend that the unusual nature of this stock has gradually been noticed by large funds, and it is only a matter of time before the stock price continues to rise in the later period.

Wang Haoqiang's development bank closed at 11.01 yuan today, an increase of 3.67%, closing at the highest point of the day, setting a new high for this wave of rise, and the continuous upward trend is also undoubted.

Wang Minghui's Sanjiang Holdings closed at 18.72 yuan today, an increase of 1.41%.

Although the largest increase in the stocks of the four of them today is only about 4%, the lowest increase is far behind the 2.2% increase of the broader market index. But today there is a particularly striking feature. That is, the closing point of the broad market index today is 2030 points, which is almost the highest point of the day. The most important thing is that the 1996 point that Li Xin said has been deeply imprinted in the minds of the four of them, and the current point is standing above this key point, and the market index has broken through the bull and bear dividing line and rushed up strongly, indicating that the bull market that Li Xin said has arrived.

Therefore, although the rise of individual stocks in the hands of several of them today is much weaker than the previous rise on the price limit, their eyes have been placed on the back trend of the continuous rise of the market, and they believe that the unsatisfactory rise of the stocks in their hands today is just the result of plate rotation. Because the market continues to rise today, individual stocks have also generally risen, and there are as many as forty or fifty stocks that close on the daily limit. And today's closing on the price limit of these stocks in the previous few days of the rise far behind the stocks in their hands, they have been like Li Xin, gradually more and more expectations for the market outlook, thinking that with the continuous rise of the market, it will be a norm for various sectors to take turns to attack. At such times, you should firmly hold on to the stocks, just like last year's bull market, and you will face the risk of going short in the middle of the market.

So when it came to closing, Wang Minghui also said to Li Xin with confidence: "I just calculated, today's closing point of 2030 points has risen by 366 points compared with the lowest point of 1664 points, an increase of 21.99%, and it has firmly stood above the bull and bear dividing line." And from October 7th to today, a total of 7 trading days, only a small black line was closed on November 11, and the remaining 6 K lines are all positive lines, showing the bull market!"

Wang Haoqiang said: "21.99%, you are so accurate?"

Wang Minghui said: "This is a key issue, and we must not be careless. ”

Wang Minghui and the three of them do not have strong technical analysis skills, and they usually buy stocks completely by feeling. Because they enter the market by feeling, there is no big goal or direction, so as long as there is a slight profit after buying, they will immediately make a profit. However, once you are covered after buying, you don't have a clear stop-loss position, so you can only carry it. This method of operation often does not make much profit when making money, but the loss is quite large when it is lost. This is how they bought a few of their stocks at the beginning of this year and were now trapped.

In fact, in the face of the sharp fluctuations in stock prices in the past few days, not only Zhang Shaohui's mentality is like a frightened bird, as long as he sees a little profit, he immediately wants to leave, even Wang Minghui and Wang Haoqiang are also in this mentality.

That is, because Zhang Shaohui tossed back and forth in the past two days, he originally wanted to fight a little difference to spread the low cost, but he didn't expect to sell low and buy high, and put the example of the higher and higher cost in front of him, coupled with Li Xin's painstaking and gushing technical analysis, the results are exactly the same as the trend of the market, which made the three of them believe that there will be a wave of bull market with a lot of gains in the future, and gradually strengthen their confidence in holding stocks for a long time.

But there are unforeseen circumstances, and the confidence they have built up with great difficulty has been poured with cold water in the next market.

Tuesday, November 18th.

Because the stock of Jingxi Coal Industry has risen by more than 25% in the past three trading days, Li Xin has always thought that this stock will definitely be suspended for an hour at the opening of this morning, but at the beginning of the call auction at 9:15, the stock actually appeared call auction data. Li Xin asked very strangely: "Hey, will the stock of Jingxi Coal not stop trading this morning? How can there be data for call auction?"

Wang Minghui looked at the data of Jingxi Coal Industry and said: "Eh, yes, why is this stock not suspended today?"

Li Xin hurriedly called up two other stocks that had risen by more than 20% in the last three days and took a look, and these two stocks were not suspended today. He thought about it carefully and seemed to understand the truth: "I took a look, in addition to the stock of Jingxi Coal Industry that has not been suspended, there are several other stocks that have risen by more than 20% for three consecutive days have not been suspended, is it that the exchange has loosened this rule?"

"Probably not, how can these fixed trading rules be changed at will?" Wang Minghui said.

Li Xin shook his head: "That's not necessarily, the rules are set by people." All the rules of the exchange have only one purpose, and that is to protect the market and prevent risks. If you look back, on November 13, Liugong Machinery was suspended for an hour on that day because the cumulative increase in the previous three trading days exceeded 20%. At that time, Liugong Machinery was the leading stock that led the market to continue to rise, and because this leading stock was suspended between 9:30 a.m. ~ 10:30 a.m. that day, it triggered a sharp pullback and decline in the market and other stocks. Perhaps it is because of this lesson that the exchange does not want to artificially create some negative factors, so today Jingxi Coal Industry and several other stocks that have risen to the suspension standard have not been suspended. Just like you said, Jingxi Coal Industry has just taken over the banner of Liugong Machinery's leading stocks to lead the market to continue to rise, if the stock is suspended today, it is likely to trigger the suspension of Liugong Machinery on November 13, resulting in the market and individual stocks have fallen. From the beginning of this year to the present, a total of three or four interest rate cuts have not pulled up the market index, and on November 7, there was such a blockbuster benefit, and finally pulled the market index from the 1664 point mark to the current 1996 points. At this time, if this suspension strategy is implemented in a conventional manner, it is very likely that the hard-won rally will be weakened again. ”

Although Wang Minghui is not sure that the reason why these stocks were not suspended today is because of the reason Li Xin said, Li Xin's analysis surprised him very much: "Damn, you can think of this?"

Li Xin thought for a moment, and then said more and more certainly: "I guess this is the case nine times out of ten." If this is the case, then there are really masters on the exchange, and these masters are very clear about the trend and key points of the market index, otherwise their management will not be so accurate!"

Wang Minghui said: "This should be a good thing, these stocks that should be suspended have not been suspended, and without these negative factors, the upward trend of the large market index and individual stocks will be clearer." ”

Li Xin nodded: "The management is really well-intentioned!"

At 9:30, the broader market index opened low at 2020 points, and after a slight dip to 2013 points at 9:31, it slowly climbed. At 9:58, the broad market index had risen to 2050 points, setting a new high for this wave of gains, with an increase of 0.97% compared to the previous trading day.

And from the time-sharing chart, the opening of less than half an hour, the market after yesterday's sharp rise broke through the key point of 1996 points, after today's opening slightly pullback, the low point even 2000 points of the integer mark did not touch and continued to rise, a wave of higher trend is quite firm and steady, completely a situation that is about to break through the 2057 points of the 60 moving average pressure position.

Just when they thought that the wind would help the fire, and the market would continue to rush up under the backdrop of many favorable factors, an unexpected scene appeared.

Just one step away from the 60-day moving average, the rally of the broad market index came to an abrupt halt at the 2050 level.

From 9:58, the broad market index gradually fell from 2050 points, and at 10:14, the index fell to 2014 points, and the index turned from red to green, a decline of 0.79%.