18 November 1992

Although the Shanghai Composite Index opened low, Jia Lei didn't care, he just wanted to take advantage of this opportunity to buy the bottom.

The opening price of chlor-alkali chemical was 495 yuan, and it fell below the bottom line of 50 yuan at the opening.

"Jia Lei, do we still buy it today?" asked the little Jew worriedly, looking at the stock price.

"Of course you have to buy it! This is a good opportunity to make money, the lower the stock price is now, the more money you will make in the future!" Jia Lei nodded and said.

"But I always feel that this matter is a little inappropriate, we spent tens of millions of dollars yesterday to pull up the stock price of chlor-alkali chemical, but as soon as the market opened today, it fell again! Yesterday's money was spent in vain......" said the little Jew with a frown.

"What about falling stock prices? This is not a big deal at all, and we now have to look at not the trend of stock prices but the attitude of the government. Little Jew, do you know why you lose money when you speculate in stocks?" Jia Lei asked him suddenly.

"Because I'm too greedy!" said the little Jew with a wry smile.

"No, greed is only part of what causes you to fail. The main reason why you will lose so much is because you can't see the general trend of the stock market!" Jia Lei said.

"What is the general trend of the stock market?" asked the little Jew, puzzled.

"In general, we only need to see the future rise and fall of a stock and its trend. However, at the peak of the bull market and bear market, we need to grasp whether the stock market will rise or fall in the future! The stock market a while ago was obviously a big bear market, so the stock prices of listed companies, whether good or bad, have all fallen sharply. At this time, no matter how much you speculate, it is useless, and the stock price will not rise!" Jia Lei said.

"Is that so? At that time, the stock price of Eternal Life Pen plummeted, and I thought that there was something wrong with our original speculation, but it turned out that the stock price fell because of the general trend!" the little Jew smiled bitterly and shook his head.

"That's right! It is the trend of the times, don't underestimate this general trend, under certain circumstances, there are many ants can bite the elephant to death! Although the securities market is a gathering place for retail investors, because of the herd mentality, a unified selling or buying super large market has been formed there! You were defeated by them at the beginning, and our main opponent today is the panic and killing mood in the market. Jia Lei said.

"So what do you want to do? After all, these large number of retail investors in the stock market are now the ones who are more powerful!" asked the little Jew.

"We have limited funds, so we have to spend the money on the cutting edge! We will not participate in today's stock market for the time being, and I want to save the money for the afternoon to spend?" Jia Lei said.

"Why do you want to stay until the afternoon?" asked the little Jew, puzzled.

"You'll know when the time comes!" Jia Lei said with a smile.

Due to the strong entry of institutions and brokerages today, the Shanghai Composite Index finally ushered in a rebound, and the share price of chlor-alkali chemical began to fluctuate violently.

"The share price of chlor-alkali chemical has fallen again, and now the stock price is 49 yuan. The trader said the insurance price.

"Help me hang up fifty hands to buy the order, and the purchase price is 496 yuan. Jia Lei commanded.

"Okay!" the trader on the other end of the line nodded.

Although Jia Lei's buying volume is small, as soon as the transaction is completed, the disk of chlor-alkali chemical industry immediately turns from green to red. Although Jia Lei pulled the stock price up, the sell orders immediately increased.

Although various institutions are doing their best to take orders, there are too many retail investors, and there will always be one or two orders that will be missed.

The share price of chlor-alkali chemical fell to 481 yuan in a blink of an eye, but Jia Lei still bought in small quantities of 30 hands and 50 hands, as if he was not in a hurry at all.

Jia Lei is not in a hurry, but some people are in a hurry, and the people of the chlor-alkali chemical company took out millions of funds to start the stock repurchase in accordance with the policy requirements, and the stock was raised to 535 yuan in an instant.

The surge in stock prices has brought a wave of neutral wait-and-see sentiment, but more often than not, it is investors who are waiting to sell their stocks immediately.

So taking this opportunity, many shareholders sold their stocks, and the stock price of chlor-alkali chemical changed again.

A few minutes before the market closed in the afternoon, the share price of chlor-alkali chemical was pulled down by about 50 yuan again, Jia Lei looked up at the clock, and the time showed 2:55 in the afternoon.

"Little Jew, you go over there and fill out a 10,000-lot buy order, and the transaction price is set at 53 yuan. I'm here for 10,000 lots at the same price, and I've already paid the money to your account. Jia Lei commanded.

"Isn't it superfluous for you to sell me your own shares, or buy them with your own money?" asked the little Jew, puzzled.

"You don't understand, that fee is nothing! I'm going to take advantage of the last moment to pull up the stock price of chlor-alkali chemical directly, and I must make chlor-alkali chemical red today." Jia Lei said.

"Well, I don't know why you're doing this, but I'm going to do what you say. You've never lost anything!" the little Jew nodded.

The last three minutes of the stock market day belong to the call auction time for block trades, and retail investors cannot grasp the situation during this time period, so this time period has become the time when market makers like to pull up the stock price.

The market maker sells his stock from the left hand to the right hand, which not only pulls up the stock price without losing the chips, but also pulls out a beautiful white candle, giving retail investors the illusion that the stock is skyrocketing.

What a great way to kill three birds with one stone!

Of course, most institutions understand this method, so in the last three minutes of the home field of institutions and large investors, this kind of knocking transactions are everywhere.

Jia Lei: They cooperated with the people from the securities company, and easily pulled the Shanghai Composite Index of the day into a beautiful red in the last 3 minutes.

At 15:00 in the afternoon, the whole day of trading in Shanghai ended, after Jia Lei's divine operation. On November 18, the Shanghai Composite Index finally opened low and went high and ended up rising!

The share price of chlor-alkali chemical closed at 531 yuan, up 3 yuan, and steadily kept up with the rhythm of the market.

Suddenly, many shareholders began to believe Jia Lei's conversation in front of the securities company early in the morning, and the news that the government had paid to save the market spread among all shareholders in Mingzhu City on the same day.

With the phone calls going out, the news spread all over the country that night!

Some people believe the news that the government will bail out the market, and the stock will definitely rise, but of course some people don't believe it!

There are also people who want to take advantage of the opportunity to fish in troubled waters......

On November 19th and 20th, a large number of sell-offs suddenly poured out, and it is said that many people were scared and wanted to sell their stocks immediately to cash out.

So Jia Lei and retail investors began to start a new round of tug-of-war around the share price of chlor-alkali chemical, and the share price of chlor-alkali chemical industry opened high and fell again for two days, but the share price of chlor-alkali chemical industry has always remained above the bottom line of 50 yuan under the strong support of the institution.

In the past few days, the stock price trend of all shares in the market is similar to that of chlor-alkali chemical, and the stock prices of almost all listed companies have fallen into a tug-of-war!

On November 23, the brokerage company made efforts to increase funds, Jia Lei and they concentrated funds to pull up the performance of the stocks, the Shanghai Stock Exchange began to float red across the board, and the share price of chlor-alkali chemical finally opened high, with an opening price of 522 yuan and closed at 525 yuan.

On the same day, after the Pengcheng stock market fell to 164 points, it finally began to stop falling and rebound.

"The dust has settled! I can rest for a while!" Jia Lei finally breathed a sigh of relief when he heard the news that the Pengcheng stock market had stopped falling and rebounded.

"Why do you say that? Maybe Pengcheng will fall in two days? Isn't the situation in the market like this recently, with repeated ups and downs?" asked the little Jew.

"Actually, there is no big problem with the stock market of Mingzhu, and the sharp fall is mainly caused by the Pengcheng incident! Even the stock index of the Pengcheng stock market, which caused the sharp fall of the Mingzhu stock market, has stopped falling and rebounded. So what reason does the Pearl stock market have to continue to fall? That's why I say the overall situation is decided!" Jia Lei said.

No wonder I don't make as much money in the stock market as you do, it seems that you really didn't become a small stock god because of luck. With your keen judgment of the general trend of the stock market, I would be ashamed of myself! If you hadn't explained this to me, I wouldn't have known anything. The little Jew said with a wry smile.

"Who said that I don't rely on luck to speculate in stocks? In fact, I can make money by trading stocks by luck, and my judgment is based on luck. Jia Lei said seriously.

If Jia Lei is not reborn with good luck, how can he know the future direction of the market!

"Come on, right? If someone as clever as you have to rely on luck to speculate in stocks, then don't we ordinary people have to rely on Meng to speculate in stocks? Jia Lei, don't be modest, don't be as if you are about to catch up with us ......professionals," said a manager of a securities company.

"I learned all those techniques from TV and books, and I've been watching them for so long, of course, I'm proficient! These things used to be bombarded in my ears every day, and I didn't know it's weird. Jia Lei rolled his eyes and said.

You must know that after 20, it is an era of national stock speculation, and even the old lady who buys tea eggs at the door of the securities company knows these basic methods.

What happened next was exactly what Jia Lei expected!

On November 24, all the companies will start stock buybacks, and the Pearl stock market, which has been declining for nearly 6 months, rose sharply in the afternoon of this day, and showed a single buy rush phenomenon, that is, everyone is rushing to buy stocks but no one is willing to sell.

On the same day, the Shanghai Composite Index opened at 410 points and closed at 440 points, and the single-day index rose as high as 30 points.

The Pearl stock market took the lead in turning over!

Chlor-alkali chemical continued to open high and go high, the closing price rose to 565 yuan, and the share price of chlor-alkali chemical finally exceeded the issue price after a week of listing!

On November 25, 1992, affected by the positive repurchase of shares, the Shanghai Stock Exchange Index began to rise rapidly, soaring 130 points in one day to close at 571 points.

The share price of chlor-alkali chemical industry opened at 60 yuan per share at the opening of the day, and the share price of chlor-alkali chemical industry soared with the market without accident, and finally closed at 75 yuan!

The single-day increase is as high as 25!

Since then, the rescue operation has been a perfect success, and the country has reversed the collapse of the Shanghai and Shenzhen stock markets in one fell swoop, and the Shanghai Composite Index has risen at a rate of 50,100 points per day since that day.

By the first day of December 1992, the share price of chlor-alkali chemical had risen to 100 yuan!

"Little Jew, you followed me to speculate in stocks this time, do you understand?" Jia Lei asked Little Jew.

"I can see clearly, it turns out that the most important thing in the stock market is the general trend! If the market does not rise, the stock price will not rise too much depending on how hard you work. When the price rises and falls, all the shareholders are irrational, and the stock price has no bottom line, it will only follow the market. The little Jew looked at his stock trading notes and concluded, and the others nodded in agreement.

"You big fool! Bai has been with me for so many days, and you still haven't opened your mind? You're really angry with me!" Jia Lei said suddenly in a rage, and then he pasted the notebook on the little Jew's face.

"What are you angry about, what did I say wrong? Aren't you all talking to me before?" asked the little Jew, puzzled.

"Can you take a long-term view and think more broadly! China's stock market is a policy market, and the rise and fall of the stock index are all affected by the policy. Wasn't the sharp rise in the stock market on 21 May this year because the government canceled the rise and fall of the stock market? Moreover, the sharp drop in the stock market last year was due to the increase in stamp duty! Therefore, it is simply easy to speculate in the stock market in China, and it cannot be easier than that! As long as the limit on the rise and fall is narrowed and stamp duty is raised, the stock market will definitely fall...... Otherwise, the stock market will rise! You remember that these things are useless at all!" Jia Lei said angrily.

"But this time the Shanghai and Shenzhen stock markets plummeted, and there was no stamp duty on them? This is different from what you said?" asked the little Jew puzzled.

"Is this an accident? The sharp drop in the Shenzhen market was completely man-made, so the government directly used manpower to make up for it! Why is the stock market rising now? It is not because the government ordered us to work with the brokerage firm to bail out the market, that the stock market has risen! So you have to remember that in the future, you will have to listen to the party's words when speculating in domestic stocks, so that you can make sure that you will not lose money! Do you understand?" Jia Lei said angrily.

"Got it! We got it. Little Jews, they quickly nodded and said.

I still have one last question to ask you, I'm going to Moscow soon, will you come with me?" Jia Lei asked suddenly.

"You're going to Moscow now, but now the stock market is going crazy, and you can make more than 1 million a day? Is there anything more important in Moscow than making money?" asked the little Jew in surprise.

"It doesn't matter if I have the final say on Moscow's affairs, I'll ask you, will you come with me?" Jia Lei stared at the little Jew and asked.

"I ......" the little Jew hesitated, after all, as the stock market soared, the stocks in his account also appreciated.

Now his net worth is more than 6 million, as long as the little Jew stays in China and continues to speculate in stocks, he will soon be able to pay back the money he owes everyone.

"What? Now that you have money, don't you want to go with me?" Jia Lei asked him.

"No! I just think it's a shame to go now, after all, a big bull market like this is not so easy to encounter!" said the little Jew.

"Don't talk nonsense? I'll just ask you to go or not?" Jia Lei asked.

"Little Jew and Jia Lei went to Moscow, but you have already promised it, you can't throw Jia Lei aside just because the stock market makes money. If it weren't for Jia Lei, you wouldn't have been able to get your stock account back!" Ah Fei said with a frown.

"Brother Fei is right! I can't be that kind of ungrateful person, Jia Lei, I'll go to Moscow with you. Little Jew made up his mind.

"You left with me, what about your stocks?" asked Jia Lei.

"I'll sell them all tomorrow! Anyway, the money in the account now is enough to pay back to all of you. The little Jew gritted his teeth and said.

"Bang bang! Congratulations, little Jew, you have finally passed my test! Now you are a qualified shareholder. Jia Lei applauded happily.

"Jia Lei, what do you mean by this?" Ah Fei looked at Jia Lei strangely and asked.

"yes, what test have I just passed? How could I not know?" asked the little Jew, also confused.

"It's easy to make money in the stock market, but it's not easy to get the money you make in the stock market! Many people will invest it in other stocks even if they make money, and they don't know the truth that winning is in their pockets! Money is just a number in the stock market, not really money. Only if you sell the stock and cash out the money you get is the profit, otherwise the market value of the stock will be in the air no matter how high it is! Once you encounter this kind of sharp fall, all that money will be wiped out. If you can make up your mind to sell the stock for cash, it means that you are qualified!" Jia Lei explained.

"Jia Lei, thank you! Thank you for worrying so much about me, I didn't expect that I would be a big person, and I wanted you to have a child to teach me the truth of being a man. The little Jew said with red eyes and emotion.

"You're just growing up, but your mental age may not be as old as mine! You're still young ......," Jia Lei said meaningfully.

After all, Jia Lei's soul is an old man in his thirties!