Chapter 604: The Ox Turns Back (3)

No one is not looking forward to the arrival of the bull market, and Wang Minghui and the three of them are the same. However, compared to an uncertain bull market, they are more worried that the bear market will continue, which will allow the losses on their accounts to continue to expand.

Li Xin's unhesitating and quoted scriptures just now completely convinced Wang Minghui, Wang Haoqiang and Zhang Shaohui, if it is really like what Li Xin said, then it is only a matter of time before the stocks in the hands of the three of them are unbundled.

After listening to Li Xin's discussion, the three of them secretly sighed in their hearts to varying degrees that they had seen the problem superficially before. After Li Xin's in-depth analysis of the same problem, they suddenly found that there were too many reasons behind it, and they had not noticed these reasons before.

Several people were silent for a moment, and Wang Haoqiang asked a little incredulously: "Li Xin, I listen to what you mean, so far this year, this is the first time you have bought stocks, isn't it?"

"Yes. Li Xin nodded.

Wang Haoqiang said: "It's incredible, how can you bear it without trading for so long?"

Li Xin also felt that his question was very strange: "The time to enter the field is always there, but the time to play is not always there." If we don't have a firm grasp of it, what are we going to do when we enter the market? Is it just to lose money by rushing in? From the analysis we have just made, we can see that the broad market index fell by more than 20 percent at the end of November last year It has entered the bear market, at present, in this one-way trading market, you can only buy on dips and sell on highs to make a profit, the bear market is not over before the market index and stock prices are getting lower and lower, you enter at any point in time, as time goes by, the probability of loss is getting bigger and bigger, and at this time going in will only make you regret chopping your hands. ”

Wang Minghui said with deep feelings: "This is indeed the truth, how to buy and make money before 6124 points last year is a high probability event, but after that, how to buy and lose money is a high probability event!"

Li Xin said: "Yes, in the current stock market, you can only go long in one direction, so you have to trade on the left side, and in the right side of the transaction, the longer you hold the shares, the greater the loss." ”

"Now you're holding the stock because you think the market is going to go into an uptrend on the left in the future, right?"

Li Xin patted Wang Minghui on the shoulder and said, "Eh, that's what it means." ”

Friday, November 14th.

Liugong Machinery continued to fluctuate higher after opening at 10.73 yuan, and at 9:45 a.m., the stock price rose to 11.09 yuan, an increase of 3.94%.

At 10:53 a.m., the stock price rose to 11.26 yuan, an increase of 5.53%. Although after a long period of shocks, but at 14:11 in the afternoon when the stock price was the lowest only to 10.83 yuan, and then began a strong upward offensive before the close, at 14:34 the stock price rose to 11.53 yuan, an increase of 8.06%, to close at 11.63 yuan, an increase of 9.0%.

Yesterday's closing price of 10.67 yuan was still below the 20 moving average, but today's closing price of 11.63 yuan has stood high above the 20 moving average, showing a strong upward trend after breaking through the important pressure line.

Jingxi Coal Industry closed yesterday with a very strong upward trend, and today continued yesterday's rally with a gap of 9.29 yuan to open 3.3%. Perhaps because yesterday's rise was too large, coupled with the continuous rise after today's opening, its highest price rose to 9.46 yuan at 9:38, an increase of 5.23%. Therefore, from 9:38, the share price of Jingxi Coal continued to pull back after the surge, and at 10:27 in the morning, the stock price fell to 9.11 yuan, and the increase narrowed to 1.33%.

At this time, the rise in the share price of Jingxi Coal Industry is slightly inferior to the rise of Liugong Machinery, and there is no such situation that Wang Minghui said yesterday that it will replace Liugong Machinery to become the leading stock leading the market.

Jingxi Coal's share price was a price limit on the day Li Xin bought it on November 10, but in the following two days on November 11 and November 12, it rose by only 1.37% and 0.49%, and the increase in those two days was sluggish compared with the price limit on November 10.

Just when Li Xin thought that the stock would continue to be sluggish for two or three days after yesterday's price limit, at 10:30 a.m., the share price of Jingxi Coal Industry began to rise from 9.13 yuan, and by 11:10, the stock price had risen to 9.64 yuan, an increase of 7.23%.

After the afternoon open, the share price of Jingxi Coal continued to rise, and the stock price rose to 9.80 yuan at 13:20, an increase of 9.01%. Although after a wave of corrections, the stock price once retraced to 9.46 yuan, and the increase narrowed to only 5.23%, but at 14:53 before the close, the stock price rushed up from 9.55 yuan to the 9.89 yuan price limit.

Wang Haoqiang's development bank opened at 10.40 yuan, and the lowest price fell below yesterday's closing price of 10.28 yuan, but it still closed at 10.62 yuan, an increase of 3.31%.

Wang Minghui's Sanjiang Holdings trend is the same as Wang Haoqiang's development bank, with a slight increase of 17.95 yuan after a wide range of shocks, once fell to 17.55 yuan at 10:27, a decline of 1.52%, but before the close of its share price still followed the market rise, closed at 18.46 yuan, an increase of 3.59%.

Because of the wide range of the banking sector and the brokerage sector, the trend of the broad market index today is also a wide range after the high open. At 10:28 a.m., the index fell to 1,922 points, a decrease of 0.26%. Subsequently, under the continuous impetus of the entry funds, individual stocks and indices generally rose, and the broad market index closed at 1986 points, up 58 points, or 3.05%.

Zhang Shaohui, who was worried that the stock price of Liugong Machinery could not continue after the close of trading yesterday, saw that the stock in his hand was close to the price limit today, and his heart blossomed.

Although the stocks in the hands of Wang Minghui and Wang Haoqiang rose by only a little more than 3% today, they saw that the market index rose strongly, and the current position of 1986 points is only 10 points away from the bull and bear dividing line of 1996 points that Li Xin said yesterday, and their confidence in the future market has gradually increased.

Wang Minghui said: "Li Xin, what you said about the bull back is really reasonable, you see that the lowest point of the market index on November 12 at 1815 points and the 20 moving average at 1816 points is almost exactly the same, after the market stepped back on the support of the 20 moving average at 1816 points, it rose from 1815 points to today's 1986 points after only two trading days, and it is really difficult to buy a bull to turn back! According to this trend, it will rise to 1996 points above the bull and bear dividing line tomorrow, and the bull market is coming soon!"

Li Xin smiled: "The foundation of this wave of bull market is extraordinary, and the increase is worth looking forward to!" Li Xin was happy when he said this, the two stocks in his hand were almost bought at the best point, and the market is currently rising, and the stocks in his hand have risen more than the increase in the market index. In particular, Jingxi Coal Industry, the stock with the heaviest position in his position, closed out the price limit again today after yesterday's price limit. There is really a momentum to replace Liugong Machinery as the leading stock leading the market.

Monday, November 17th.

Liugong Machinery opened lower at 11.49 yuan, down 1.20%. From 9:30~11:09 a.m., the price of this stock has been oscillating back and forth between the closing price of 11.63 yuan and 11.20 yuan on the previous trading day, and there seems to be a sign of weakness in the rise.

In the same time period, the broad market index opened slightly lower at 1981 points, and at 9:31 it reached the lowest point of 1965 points in the day and then launched a round of strong rise, and at 9:43 in the morning, the broad market index rose to 1993 points, although the increase was only 0.36%, but this point has been very close to the key point of 1996 points.

It stands to reason that the stock market at this time can only be long-term in one direction, so there is no real bearish, and there should not be a lot of pressure near such a key point. But in fact, when the market index rose to 1993 points, it still started a round of rapid decline. At 9:52, the index retraced to 1979 points, and the index that had just turned red turned green again, falling by 0.35%.

Such a trend made Li Xin feel a little strange. If it is in the futures market, because there is a real sense of the short side, it is possible to make a profit by shorting on the highs, and it is normal to encounter a huge pressure decline at such a key point. However, in the stock market, where there is no real bear, it is really unusual to break through it in front of such a key point, but to fall before this point.

The market is like that, some are bullish and some are bearish. Especially in the face of such a key point as 1996, there are many people who are optimistic about the future market like Li Xin. After the index had a considerable correction before the key point of 1996, the funds entering the market once again rushed in, pushing the broader market upward. At 10:04, the broad market index rose strongly to 2004 points, breaking through the 1996 bull and bear dividing line calculated by Li Xin, with an increase of 0.9%.

Compared with the key point where the broader market index hit a new high in this round of gains and broke through the bull and bear dividing line, Liugong Machinery's rally this morning was a little tepid. The market has broken through the bull and bear dividing line of 1996 points, and Liugong Machinery's share price is still hovering near yesterday's closing price.