Chapter 63: Defeating Thailand (1)

Mountains and rivers always go up and down, and the stock market always goes up and down.

After falling from a high of 1,798 to 760, the Thai stock market has seen another strong rally.

Especially blue-chip heavyweights.

Several stocks such as Telecom, International Media, Bank of Thailand, etc.

In a little more than a month, the price of these heavyweights has more than doubled.

Led by heavy blue chips, the SET index of the Thai stock market also rebounded by more than 15 points.

Investor panic is fading.

The new Prime Minister of Thailand, Chawalit, delivered a speech.

Thailand's current economic environment is good, and the Thai stock market has the potential to continue to rise, and he said that the Thai government will strongly support the development of the financial industry and manufacturing industry, and he is very confident in the future of the Thai economy.

When the Thai media broadcast Prime Minister Chawalit's speech, the well-known Thai economist Bhamo made a detailed analysis.

Bhamo thinks.

At present, Thailand's economy is in a small wave of downward decline in an upward cycle, which is a common economic law.

The rise and fall of the Thai stock market is a process of selection.

With the Thai government's strong support for the financial sector, he believes that the Thai stock market will reach new highs.

In addition to Professor Bhamo, a number of well-known Thai experts expressed their views on Thailand's future economic development when they were guests on the radio.

The content is much the same.

Experts believe that Thailand's economic development momentum is good, and there is no possibility of continued decline in the stock market and real estate.

The stock market represents the future of a business.

When the stock market was hit hard, all individual stocks plunged.

Experts say the decline is irrational.

Some of these high-quality stocks have no reason to fall at all.

This also means that there are many individual stocks that are currently in the best prime position, which is the time to buy at the bottom.

Take Chiang Mai Electromechanical as an example.

Chiang Mai Electromechanical made a profit for two consecutive years between '94 and '96, and last month signed a $100 million order with Japan's Mitsubishi Heavy Industries.

With good profitability and high-quality fundamentals, Chiang Mai Mechatron's share price will definitely rise again in the future.

Some experts also expressed their views on the real estate industry.

Experts believe.

In the past ten years, Thailand's economic development has been good, the population has shown rapid growth, and the demand for real estate is very large.

In addition, real estate investment is also popular among investors, and it is believed that real estate prices have also reached a value depression.

Perhaps it was Prime Minister Chawalit's speech that played a role, or perhaps the experts fundamentally analyzed Thailand's future economic situation.

On the stock market, some stocks that have been cut in half have rebounded to varying degrees, and housing prices in Bangkok and Chiang Mai have gradually shown signs of recovery.

Bangkok, Stock Exchange.

Liu Qiang sat on the trading seat of Jushi Asset Management and gave various instructions from time to time.

This time, Jushi Asset Management has invested a lot of money in the Thai stock market, and the cumulative amount has exceeded nearly 100 billion baht.

A considerable part of these funds are in the weighted blue chips in the market.

On the big screen in the exchange, the movements of various stocks in the Thai stock market flashed from time to time.

On the main screen, the price of the SET index has also risen from a low of 760 to 955 points.

There are several leading weights, and the increase is as high as nearly two times.

Several weights such as international media, Dongfang Power, and Bank of Thailand are the main targets of Jushi Asset Management's attack this time.

"Brother Qiang, there are still eight points left in SET to reach the pressure level...."

The pressure level of the SET, the percentage pressure that rebounds from the decline.

This position is the reversal position obtained by Liu Qiang after technical analysis.

Physically, in order for a pinball to land faster and harder, it must be made to go up to the air first.

This is just as useful as the stock market.

Only the market that has rebounded is easier to suppress.

Liu Qiang glanced at the SET, which was still rushing up, and he ordered.

"Let's put it in there first, and wash the grass on the wall inside. International Media, buy 400,000 lots, Dongfang Power, buy 1 million lots....."

That morning, the Thai stock market soared by nearly 50 points.

In one fell swoop, it broke through all technical moving averages and resistance suppression.

In the business offices of major securities companies in Bangkok.

Investors gathered in twos and threes to discuss something.

Everyone's face was bright, and many people shouted excitedly.

Among the more than 100 points of SET's skyrocketing, there are many stocks that have risen by more than 5 percent.

The leading weighted stocks have risen by about 15 percent.

"Camellia, believe it now, I told you to buy Dongfang Electric Power with me......"

"Hey, I sold the international media yesterday......"

"It's a pity, I didn't dare to buy Dongfang Power yesterday when I was optimistic about it....."

"Guess, how about it, if you buy Chiang Mai Electromechanical with me, how can you earn 3,000 baht today, look at which broken stock in your hand has risen so much. ”

"I'm, I was washed out yesterday by the concussion of Dongfang Power. ”

"Coward, haha....Hold up the cowards and starve the cowards, understand?"

"No, I'll buy it back at the afternoon opening, and the volume will rise sharply today, and it will definitely rise again." ”

"If it can rise for a few more days, I will be able to untie it, hey, it's a pity that I didn't have the money to increase my position at that time....."

"Haha, I've increased my position, and I guess I'll be able to untie it tomorrow"

"Yes, such a large white line must have entered a large amount of money, and there will be at least a few inertial yang lines behind......"

"Hey, I missed three hands at the 960 pressure level, and I was killed. ”

"This pressure level is useless, and my 940 empty level has also been stopped out. ”

“…..”

A few families are happy and a few are sad.

The Thai stock market has rebounded by 200 points in a row, allowing many new long investors to obtain rich returns.

Even the shareholders who were trapped in the early stage have recovered a lot of losses in the rebound.

To paraphrase a later sentence, it is called the recovery of market sentiment.

Those who do nothing are miserable.

In the skyrocketing of nearly fifty points, I don't know how many shorts were blown up by the market.

Inside the Bangkok Stock Exchange.

Liu Qiang is presiding over an ad hoc meeting of the trading department.

In the morning, SET broke through 960 points in one fell swoop, and when a large number of technical short orders were swept out, it also attracted a large number of capital buying.

The rules of zero-sum hedging exchange determine that a teammate is an opponent, and an opponent can also be a teammate.

This is tantamount to tactically clearing out some of the unstable factors in the interior and planting friendly forces in the rear.

"Little three, smash 960 at the opening of the afternoon first, out of one-third of Dongfang Power's position, Xiao Four, clear one-quarter of the position of international media, Dalong, add 300,000 short orders on SET, ....."

The combat effectiveness of a unit is often reflected in the degree of coordination.

After countless trading run-ins, the tacit understanding between traders is getting higher and higher.

As soon as the afternoon opens.

All the traders followed Liu Qiang's instructions and tapped quickly on the keyboard.

And then.....

Investors in the Thai stock market have found.

The sky has changed.