Chapter 35 Stock Market Crash
A news headline pops up on the front page.
"The Securities Regulatory Bureau has decided to raise stamp duty from 1 per 1,000 to 3 per 1,000"
This bad news was like a cold cold water, which instantly poured all over Xiong Zhen's body, making him suddenly sober up.
He carefully studied the content of the news.
The stamp duty on transactions in this blockbuster news has been adjusted from the current 1/1000 to 3/1000, an increase of 300%, and if you add the two-way fee for buying and selling, the increase in the cost of completing a transaction will reach 600%.
"It's going to change. Bear Town muttered to himself.
This information was released in the early hours of the morning, and it was suddenly announced when the big guys were asleep. It seems that the management is about to start cleaning up this buzzing stock market.
Almost all financial websites and news websites have infinitely publicized this negative news, and Xiong Zhen suddenly secretly rejoiced, fortunately, he had the foresight and followed his own feelings, and cleared his position yesterday, otherwise he would have been doomed this time.
This reminds him of the book "Memoirs of a Stock Dealer", in which the protagonist has a special feeling when he encounters this situation, perhaps this is also the feeling of Bear Town when he cleared his position yesterday.
This feeling must be based on long-term viewing skills to be exercised. Fortunately, I escaped quickly, otherwise this wave of catastrophe may be difficult to escape.
Not long after I got up in Xiongzhen, Xu Keer's call came.
"Giant panda, how do you know that the state is going to raise the stamp duty, do you have any inside information?"
Xiong Zhen sighed and said: "I'm a small retail investor, where did the inside information come from, it's just that the trend of the market is too abnormal, and I think that the market has risen sharply for several months, and there has not been a decent pullback. ”
Xu Ke'er giggled: "Giant panda, you really have a talent for stock trading, you are simply my lucky general." ”
After hanging up the phone, Xiong Zhen also hurriedly prepared for today's plunge.
Sure enough, as soon as the market opened, the market fell directly by 477 points, and more than 900 stocks fell to the limit. Its decline even exceeded the 2.2 tragedy in China's stock market, which shook the world. B shares fell even deeper, and Shanghai and Shenzhen B shares both fell sharply, falling by more than 9%, and individual stocks fell in a large area.
When he came to the trading room, Lin He's face became even more unusually ugly, and he scolded and said: "I knew that I should have cleared it all, and now there are still 30% of the positions left in it, and I don't dare to make up for it, and all the hard-earned profits are lost at once." ”
Xu Keer comforted: "Mr. Lin, it's okay to pull, fortunately, you have already run most of it, otherwise the full warehouse will be suffocated inside, then it will be miserable, you look at the current stocks, the whole line is down and down, and you can't run away if you want to." ”
Lin He sighed helplessly: "How can Xiaode's management launch a big rectification effort this time, not only retail investors, but also many institutional bookmakers have been trapped in it, which is really unlucky." ”
After speaking, Lin He glanced in the direction of Xiong Town, just in time to meet the sharp gaze of Xiong Town, he quickly turned his face, his face was hot, and a look of inexplicable embarrassment rose.
Xu Keer said happily: "Fortunately, the giant panda called me yesterday and asked me to clear it, otherwise it would be really miserable now." ”
Bear Town didn't speak, but stared at the plate and sighed.
He opened the old bear chat stock exchange group, and found that there was already a lot of noise inside, and most of the people who were sneering at the endless reminder of the sea yesterday had a 180° turn in their attitude today. Not only retracted those mocking words, but also admired his courage instead.
"No one expected that this rectification would be so strong, I knew that I was out of the whole position, and now there are still 20% of the positions in it." ”
At this time, Xu Keer's phone rang, and it was her father Xu Tianxiang calling.
As soon as the phone was connected, I saw him ask anxiously: "I heard that the management is vigorously rectifying the stock market, and the market opened sharply today, do we have a big impact?"
Xu Ke'er replied in a flat tone: "It's not big, it's not big, we cleared the warehouse last night." ”
"Clearance?" Xu Tianxiang's tone was full of doubts, full of doubts, and more of trepidation.
"Yes, we cleared yesterday. Xu Ke'er deliberately accentuated her tone.
After a long time, Xu Tianxiang sighed and said in a soothing tone, "Do you have any inside information?"
Xu Keer said: "There is no inside information, this is all due to Bear Town." ”
Xu Tianxiang thought for a while, and then said, "In this way, you invite Xiong Zhen to your house for dinner tonight, and we can have a good talk." ”
Xu Keer was very happy, and hung up the phone and told Xiong Zhen the good news.
After Lin He on the side heard Xu Keer's call, his face became more and more ugly, staring at the screen and sulking to himself.
At 8:30 p.m., Xiong Zhen followed Xu Keer to Villa Island.
Xu Tianxiang had a smile on his face, obviously in a good mood. He had already prepared a hearty meal and was waiting for Bear Town to take his seat.
After a polite glass of wine, Xu Tianxiang suddenly asked, "Little Bear, I heard that you notified Ke'er to clear your warehouse in the last few minutes before the market closed yesterday?"
Xiong Zhen nodded: "Yes." ”
Xu Tianxiang then asked: "How did you know that the stock market was going to fall sharply today? How did you know that the management was going to release a negative release to suppress the stock market?"
Xiong Zhen pointed to his heart and said, "Feeling." ”
Xu Tianxiang began to look at Xiong Zhen carefully, and from the expression on his face, it seemed that he was lying, could it be that there was really such a talented existence in this world?
Xiong Zhen was a little shy, and he said embarrassedly: "Mr. Xu, to be honest, I really didn't know that the management suddenly released negative news in the middle of the night, and I didn't know that the stock market would definitely fall." It's just that the long experience of watching the market has given me a feeling, a feeling that is not quite ordinary. ”
Xu Tian took a sip of liquor, then raised his head and continued to look at Xiong Zhen: "Tell me, how do you feel?"
Xiong Zhen said: "This feeling cannot be described in detail, if I have to describe it, it is the sixth sense of people when they encounter danger." After a pause, Xiong Zhen continued to explain: "When I observed the market yesterday afternoon, I found that the market was not normal, although it has been hitting a new high, but with continuous diving, many early leaders have also fallen sharply from their highs. So I guess that these big funds can't be desperate to flee for no reason, and if there is, it must be that they received some news in advance. Since I don't have such a big news ability, then I'll keep an eye on the movement of big money, once the big money desperately escapes, it also means that this wave of market has peaked at least temporarily. ”
Xu Tianxiang nodded, as if he understood.
Xiong Zhen continued: "I think that even without the management crackdown policy, the market is not far from diving. It's just that this time the bearish market has become more rapid.
Xu Tianxiang seemed to think of something, so he asked: "Since the management has suppressed the stock market, does it mean that it is already a bear market?"
Xiong Zhen lowered his head and pondered, and only raised his head for a long time and said slowly: "In fact, as long as the bearish is effectively digested and the sentiment of shareholders is effectively alleviated, the market still has a chance to rise back." ”
"Do you think the stock market will rise back?" Xu Tianxiang's eyes suddenly widened, his eyes full of disbelief.
Xiong Zhen nodded: "Theoretically, it will rise, but this sudden suppression by the management has caused a very serious panic in the market in the short term." Judging from the timing of the management's negative announcement, it is less like the result of a deliberate discussion, but more like a sudden decision made under brain fever. His decision not only frightened most retail investors, but also frightened many large institutions and major players, so they sold one after another, resulting in panic selling. ”
"So what you mean?"
Xiong Zhen felt a little thirsty in his mouth, he picked up the juice on the side and took a sip, and then said: "This information was released in the early hours of the morning, so the main organization doesn't even have a chance to escape, and at present, it is all trapped in it, just like retail investors." ”
"Oh?" Xu Tianxiang felt more and more interesting.
Xiong continued: "If the main force wants to save itself, it must pull the stock back to where it was yesterday. If the market sentiment is strong and there are many followers, it is not ruled out that it will continue to hit new highs. ”
"So, the stock market must be going to rise back, right?"
Xiong Zhen shook his head and said without humility or arrogance: "Everything is just my guess, and then it depends on the attitude of the management." As long as the management is willing to relax, the main funds dare to continue to speculate. As for when it will come back, it's hard to say. Because, if the main force wants to pull up, it must wait for the bearish sentiment to be completely digested, so it is estimated that it will not come up in the short term. ”
Xu Tianxiang suddenly stretched out a thumbs up: "Sure enough, it's a hero out of a teenager." ”
Xu Ke'er on the side was sweet in her heart, as if she had been filled with honey. She stood up and filled their glasses with wine herself.
Xiong Zhen scratched his head a little embarrassedly: "Thank you Mr. Xu for the compliment, I just did what I was good at." Speaking of achievements, compared with Mr. Xu, I am still far behind. ”
Xu Tianxiang also seemed to be very useful, he emptied the wine glass in front of him in one sip, and then laughed and said: "Little bear, don't call Mr. Xu in the future, listen to the sheng, let's call me Uncle Xu instead." ”
Xiongzhen nodded, picked up a slice of beef and ate it.
Xu Tianxiang asked casually: "How long do you think the market will fall before it recovers this time?"
Xiong Zhen shook his head: "I never predict the point, I only observe the market and make investment decisions according to the current market sentiment." However, I believe that this time the bearish is so big, the decline time will definitely not be short, at least before the end of the stock speculation competition, there is no hope of recovery. ”
Xu Tianxiang's hand that wanted to pick up vegetables suddenly stopped in mid-air, he withdrew his hand, put it on the table, and looked at Xiong Zhen with a solemn look: "If that's the case, how can the stock trading competition be conducted?"
Xiong Zhen put a confident smile on his face: "This is the time to test your skills, and real masters tend to look for opportunities to buy in the fall." The broader market plummeted, although most of the individual stocks will fall. However, in addition to the kind of high-level stocks that are already shipped in the sky, they will collapse once they fall, and those tickets that have not risen much at the low level will be an opportunity to purchase if they are smashed out of the gold pit with the market. ”
Xu Tianxiang nodded, turned his head to Xu Ke'er and asked, "How has that Lin He been operating recently?"
Xu Ke'er had a trace of contempt on his face: "His level is not as good as half of Xiongzhen's." ”
Xu Tianxiang sighed and said slowly, "Alas. This Lin He was introduced by an old customer in the business field, even if he is famous, now he can only make a mistake. ”
Xu Ke'er nodded, indicating that she understood.
Bear Town continued to eat, contemplating in his heart. He knew that as long as he helped Xu Tianxiang defeat his competitors, then the 1 billion trading funds he promised would definitely not change.
Thinking of this, Xiong Zhen's heart was full of fighting spirit.
Jiang Wenming, the day of the decisive battle is getting closer and closer, and it is time to end the humiliation suffered over the years.
All the revenge plans have been gradually taking shape in Xiongzhen's brain, and he has decided that as soon as this stock trading contest is over, he will implement it immediately.
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Warning: The stocks mentioned in my article are the author's personal trading notes, and do not constitute the basis for operation, please do not follow the purchase, otherwise you will be responsible for your own profits and losses.
Old Bear Inventory: On April 21, the live broadcast challenged 10,000 to earn 1 million on the 11th day
First of all, I would like to thank each other for not getting tired of seeing each other, only Jingtingshan for his reward for this book, and thank you for your support to Lao Xiong.
The panic in early trading this morning seems to be a bit serious, and early in the morning I said, if it is a high open, reduce the position, if it is low, observe.
As a result, the market opened directly lower.
Han Mo couldn't hold his breath in the group.
He said, "Do you want to increase your position?"
I said, "Do you remember what I said? I bought the wrong one, waited, sold the wrong one, waited, what are you doing in a hurry?"
In fact, most retail investors have a quick temper, and when they see that the stocks they buy have fallen, they always can't help but want to go in to make up for their positions as soon as possible, and they don't look at whether they fall in place, which is also the reason why most of them lose more and more when they make up for it.
Even if you buy the wrong quilt, don't make up the position immediately, but observe first to make sure that the downward momentum is gone, so that you can make up the position appropriately, otherwise it will be made up in the middle of the mountain, and finally the full position will be deeply trapped.
The newcomer asked me in the group, and he said, "Old Xiong, can Dr. Peng increase his position?"
I took a look and saw that it had been pulled up, which did not meet my buying rules, so I said, "I don't add it, you think about it yourself." ”
Jifeng shares seem to have bought the right one, and as soon as the market opened, it slowly pulled up to the red plate. The broader market fell, but this stock was more resistant.
Will it become a short-term dark horse in the later stage?
Seeing that Jifeng was slightly red, Hongyang Kiwi sent me a message.
He said: "Old Xiong, why are your votes so resistant? As long as the votes in my election fall in the market, he will also fall in an uproar. ”
I said: "I usually choose the ticket with all the momentum of the fall, so it is more resistant to the fall, although this kind of ticket may not rise as much as many high-level tickets, but it is safer." ”
He said: "Which votes are the votes that have run out of downward momentum?"
I said, "How do I know, I only look at the handicap, and I find that I can't go down, just buy it." ”
At this time, I suddenly sent a red envelope in the group, I was puzzled, and he then sent a picture, it turned out to be Dr. Peng's limit.
I looked away again, I wonder if he will hold a grudge against me and say that I won't add a position to him?
Lao Xiong has a principle of buying tickets, he likes to buy those tickets that can't fall, and if they have gone up, they will miss it, even if they rise higher or even up and down.
So, I decided to go for it.
At 10:41, Bai Yun flew away and sent a screenshot.
He said, "Old Bear, I'm chasing high again." ”
I took a look at it in detail, and the construction research institute he chased, this ticket looks at the trend in the main rising wave stage, although it may not necessarily lose money, but it has risen, and the risk is still very great.
Then I said, "Now you can only pray." ”
Bai Yun flew away and said: "I haven't chased for a long time, and my hands are itchy, and I want to experience the feeling of chasing high." ”
In fact, many times everyone buys a stock without a plan, take this chasing high as an example, although it is a small position chasing high, but once it is trapped, it will definitely not help but want to make up the position.
After chasing habits, in most cases, it will be chased halfway up the mountain, and then deeply trapped.
Unless, you have the determination of a strong man to break his wrist, as long as you find that something is wrong, you will never make up the position, but bravely cut the meat. Even if you cut him and keep rising.
If you don't have this kind of determination, then it's better to be honest like Lao Xiong, choose some stagflation stocks, and keep it slowly!
When the morning market was ready to close, I found that the market was very weak, so in order to control the risk, I sold the Shibei High-tech, although he may continue to rise later, but forget it, the short-term opportunity is there, and now it is mainly risk-averse.
You have to follow your own plan, and even if the opportunity is wrong, you have to execute it first.
The sharp decline in the market is not terrible, but the most feared thing is today's gloomy decline.
Jifeng shares plan to observe first, after all, this kind of ticket is very strong today and resists the fall, so take it first.
Let's take a negative example, Zhang Jihui in the group asked me last week if Adisseo could buy it, and I clearly told him at that time that he couldn't buy it.
Well, today Adisseo fell, and he came to ask me what to do.
To be honest, I really can't do anything about the ticket with a high-position quilt, it's not within my technical range, I can only pray that the main force will do well and give it a hand.
Weihua shares fell a little miserably today, due to the random recommendation of Lao Xiong, and finally caused a bitter fruit.
But it doesn't matter, since it was the old bear who picked it up, naturally it can't be left alone, and those who were temporarily set because they listened to the old bear's words and bought it don't have to be afraid, with the right buying point, the old bear will definitely kill back.
At the close of the afternoon, Bai Yunfei walked in the group and sent a red envelope with a daily limit, and the Construction Research Institute, which he chased high in the morning, continued to increase the daily limit.
Hehe, there are two red envelopes today, which shows that our group is very lucky, everyone can make money, and it is naturally the happiest thing.
Looking at the current market, Lao Xiong believes that the risk is still not over, so at present, the main focus is to make a difference, try not to make mistakes, and choose the direction for the market itself.
Old rules, screenshot of today's transaction is below.