Chapter 355: Shocking Reversal (2)
Half an hour later, the index rebounded to around 4,275 points, and the decline quickly narrowed, falling only 60 points from the previous trading day.
The market was quickly pulled up, and the fall limit of many stocks was also opened, and the share price of Western Copper once returned to around 27.60 yuan, down only 0.15 yuan from the previous trading day.
Such a trend made Li Xin stunned, he thought that today's stock price would be pressed on the falling limit, but he didn't expect it to be pulled up so quickly.
Wang Minghui's experience in short-term speculation is much more sophisticated than Li Xin's, and he saw that the stocks in his hand had risen by 5 or 6 percentage points from the falling limit in a blink of an eye, and he quickly seized the opportunity to sell all the stocks.
Li Xin's hand was not as fast as Wang Minghui, he saw that the buying order was so strong, and the market narrowed its decline faster than the last two interest rate hikes, so he judged that it would definitely not be able to fall, and the original idea of reducing his position was dispelled.
Just when Li Xin thought that today's stock market would open low and close high out of the positive line like the previous trends, at 10:47 a.m., the stock market turned down again, one wave lower than another. By the end of the morning, the index was down more than 160 points, and there were more and more stocks on the lower limit.
Li Xin was at a loss by this rollercoaster-like trend, staring at the computer screen without saying a word. In this more than an hour of back and forth fluctuations, the market value of the stocks in his hands decreased by more than 16 million!
In fact, when he was approaching eleven o'clock, when he watched the index turn down, he also had a sense of ominousness in his heart, but the prediction in his heart that he would open low and go high today preconceived affected his thinking.
By the time he found out that the index was getting lower and lower, and that something was wrong, the price of Western Copper fell to near today's low.
Wang Minghui watched him sell the stocks that almost returned to the fall limit, a feeling of the rest of his life after the catastrophe was overflowing, and he said to Li Xin: "Today's trend, the gods can't understand it! Have you sold it?"
Li Xin said gloomily: "Alas, hesitated, didn't sell it!"
Wang Minghui asked strangely: "Why don't you sell it?" What a good chance it was at half past ten, it is not an exaggeration to say that it is a chance to escape given by God!"
Although Li Xin was depressed, he felt that Wang Minghui's words were really reasonable.
The last two interest rate hikes led to a sharp drop after the opening, but the opening point was one step away from the lowest point of the day, and the stock market went up all the way after the opening of the market.
It gives people the feeling that the bargain buying order is large, but the capital to run for the bargain is even larger!
The surge before half past ten may really be the best chance to escape.
But the problem is that I missed that opportunity, and even if I did, I could only reduce a small part of my position.
After the afternoon open, the stock market continued to fall, and the share price of Western Copper fell to around 25.20 yuan. Li Xin saw that today's momentum was not right, and it was probably impossible to expect a rebound to close higher, and if the stock price was sealed on the falling limit, it was likely that it would not be able to sell at that time, so he sold part of it at the price of 25.10 yuan.
In the morning, Chen Hai called and asked if he wanted to sell the two stocks in his hand. Li Xin told him that since he couldn't sell it, he would stay for a while and see the trend after the afternoon open. Now seeing that the stock market rebound is hopeless, Li Xin picked up his mobile phone and called him.
"Hey, where are you?" Li Xin asked.
"In the office. Chen Hai said.
"Your stock should be sold, I see that the market is falling again now, hurry up and hang in." Li Xin said.
"Yes, I called just now to check, and it fell again. The little profit I made was gone, and now I'm losing some. Chen Hai said.
"Don't worry about that, I suggest you sell it quickly, or sell some of it first, I'm afraid it will fall tomorrow, so let's go out and see first." Li Xin said.
"Okay, I'll listen to you, I'll call right now. Chen Hai said.
Not long after Chen Hai's phone hung up, Xia Xiaona's phone called: "Where are you, why can't I find you anywhere?"
Li Xin then remembered that he had been in a securities company all day, and hurriedly asked: "I am in a securities company, is someone in the company looking for me?"
Xia Xiaona said, "I was looking for you." ”
Li Xin was relieved when he heard this: "I thought who was going to check the post, is there something wrong?"
Xia Xiaona said: "What is the reason for the sharp drop in the stock market today?"
Li Xin said: "I can't tell you a sentence or two, anyway, it's bad news." ”
Xia Xiaona asked, "Can you still keep the stocks in your hand?"
Li Xin asked in surprise: "Haven't your shares been sold?"
Xia Xiaona said: "It's my dad's account, he bought all those stocks and now all the stocks are down, I want to ask you what you think?"
Li Xin said: "If there is a profit, sell it quickly, it looks like it will fall tomorrow." ”
Xia Xiaona asked, "Isn't it impossible to sell it if you hang it up now?"
Li Xin said: "Let's hang in and see it first, it's hard to say that there are still repetitions, otherwise what should I do? I was reluctant to sell at the high point of the morning rebound, and I wanted to wait for the afternoon to see if it would close higher, but I sold it near the limit more than ten minutes ago. ”
Li Xin was secretly glad that Xia Xiaona had already sold the stock in her hand, although this made her miss a lot of profits, but she also avoided today's plunge, otherwise, she didn't know how to explain to her.
By the end of the afternoon, the index was 4,053 points, down 281 points, or 6.5%, and the stock market had a total of more than 850 stocks in the limit.
The closing price of Western Copper was 25.03 yuan, down 9.80%.
Looking at the closing, Wang Minghui, who had completely cleared the warehouse and escaped, breathed a sigh of relief, took out a cigarette and handed it to Li Xin, and persuaded: "Relax and relax, don't think about it, it's tomorrow to sell." ”
Li Xin took the cigarette and lit it, and he was overwhelmed by the falling stock price during the trading hours, and only then did he understand that today's negative news is a heavy hand, which is to see the stock market open low and go high after the first two interest rate hikes, and the new regulatory measures launched above.
Layers of negative weights, the market can no longer rise, tomorrow must be shipped quickly, otherwise I don't know how far this price will be.
The next day, Li Xin, who had already made up his mind to sell stocks, came to the big room early, and as soon as he entered the door, he saw Long Yunkai and Wang Minghui already sitting on the sofa.
When Long Yunkai saw Li Xin coming in, he said, "Li Xin, if there is no major incident in the stock market, I can't see your figure." ”
Li Xin said: "Where, I was here yesterday, and you are the one who doesn't see anyone." ”
Long Yunkai laughed: "Then you still came here after a plummet." I had something in the factory yesterday, and when I knew it in the afternoon, it was already a drop limit, and I couldn't sell it, so I came to make an idea today, and I lost a lot!"
Li Xin said: "It's all the same, they are all here to ship." ”
Long Yunkai said: "I heard Lao Wang say that your western copper industry has not been sold, then you will make a miserable profit by selling it now!"
"I didn't expect such a plunge either, it would have been better to ship it a few days earlier. Li Xin said with some regret.
Wang Minghui said: "Don't be too greedy, if I were you, I would sell it all with my eyes closed now, hehe." ”
The data of the call auction came out, and the price of Western Copper rose by 4.12% in the case of a large area of falling limits in the rest of the stocks!
Li Xin thought that he had seen it wrong, and just when he was surprised, Wang Minghui, who had no stock in his hand, shouted: "No, Western Copper is actually open?!"
Wang Minghui is also very concerned about this stock now, he wants to see how much less Li Xin will make today if he didn't sell it at the highest price yesterday.
Li Xin looked at the high-opening Western Copper Industry and thought to himself: those who have stocks in their hands do not want the price to fall, and it is not excluded that some people falsely post high prices and withdraw the buy order at the moment when the transaction is about to be completed, so the authenticity of this increase is often not trustworthy.
This is also common in call auctions, this method is to induce others to buy orders to follow, the number of orders is generally not large, at what price will be opened, and the number at the last moment is counted.
Sure enough, as the call auction transaction time approached, the increase in Western Copper was gradually falling, 3% and 2%......
There are still dozens of seconds left before the call auction terminates the quotation, and the rise of Western Copper is still positive, and the number of buying orders is gradually increasing, which is obviously different from many stocks that are pressed on the down limit.
This situation made Li Xin a little undecided, he thought that the price would be pressed on the falling limit, and a glimmer of hope rose in his heart, the quantity he wanted to sell was very large, and it was not cost-effective to sell low.
Since there is still hope for a rebound, why not wait and see?, he thought to himself.
Just when he hesitated, today's opening price came out, which was 0.23 yuan higher than yesterday, an increase of nearly 1%.
Li Xin thought to herself: Compared with the stocks on the falling limit, this is already good!
Today's large-market index opened more than 40 points lower, although there are many stocks as soon as the market opens, but the decline of the large-market index is not as big as expected, whether to sell immediately now, Li Xin hesitated.
In the midst of this, the index gradually fell again, once falling to 3858 points, and then fell by 195 points in the blink of an eye, at least more than 200 stocks fell to the limit, and stocks with a decline of 7% or 8% abounded.
The share price of Western Copper was beaten down by several huge sell orders, and the lowest price was 24.28 yuan.
Long Yunkai said: "It fell by more than 280 points yesterday and 190 points today, and the stock market is about to collapse!"
Wang Minghui said: "I think so, the stock market has peaked, and it can't go up. Li Xin, have you sold it?"
Li Xin said: "It fell off before I could do it, and now I have to sell it if I don't sell it!" After speaking, he began to prepare to entrust the sale.
Just as he was selling one after another, the share price of Western Copper quickly rebounded from more than 24 yuan.