Chapter Ninety-Six: The First Half of the Finals: Grab the Rebound
[Ran^Text^Library] Organizing Committee President Jiang Xiushan said:
"The funds provided by the organizing committee of the competition are not interest-bearing, and they will be recovered at the end of the competition, no matter how much you have profited, it is your own, but if you lose money, sorry, you have to return it immediately, if you are not able to return it, then the loss part will be used as a loan, you need to write an IOU to determine the time of return, and the interest on the loan will be settled according to the bank loan interest.
Jiang Xiushan glanced around and said:
"Therefore, stock speculation is risky, you need to be cautious when entering the market, if you can't afford the risk, it's too late to exit now."
All of you here are the top students of various universities, they are the pride of the sky, they are all arrogant people, and there is a huge pie painted there to visit and study in the elf country, how can there be a reason to retreat.
Jiang Xiushan saw that no one was talking, so he arranged tomorrow's things and said:
"Give you a night of time to consider, those who want to withdraw should find the organizing committee to apply for withdrawal before 8 o'clock tomorrow morning, and handle the loan matters after 8 o'clock, and the 8 people who do not bring their own funds will borrow 2 million yuan each."
Subsequently, Jiang Xiushan asked the participating students to introduce themselves, the 13 students who participated in the competition were yang and yin, there were 9 men and four women, when Yu Ming introduced himself, the eyes of the preliminary champion Mi Weidong were full of fighting spirit, and he stared at Yu Ming for a long time.
Finally, Jiang Xiushan talked about several precautions for the real stock trading competition, saying:
"The game is a semi-closed game, the so-called semi-closed, that is, the room where each person is located is a network cable, but not allowed to communicate with the outside world, not allowed to use chat software, not allowed to open email, not allowed to use mobile phones, during the stock market trading, participants are not allowed to communicate with each other, during the game to take full monitoring, if someone is found to violate, then disqualified from the competition, of course, please rest assured, the boys' dormitory is monitored by the boys, the girls' dormitory is monitored by the girls, the game is over, Delete all surveillance footage during the competition. ”
……
On February 6, the Kyoto Index opened 2.81 points lower and then went all the way down, closing the day down 5.41%.
Yu Ming is bearish on the stock market during the stock speculation competition, and the short contract of 1,200 stock index futures that Yu Ming bought has not yet been cashed.
Since it is bearish, the mid-line position in the game will undoubtedly lose within two weeks, and it can only be short-term, although Yu Ming does not do short-term stock speculation, and has a short position in the bear market, but it is not a good operation strategy when speculating in the stock competition, if you don't speculate on the short-term, there will be no gains, and it is likely that you will not be able to achieve a good ranking.
Since the finals of the real stock speculation competition are only two weeks and 10 trading days, there are not many opportunities for large-cap stocks, and it is clear that he has observed the large volume of mid-cap stocks Yuyuan Mall and Yanzhong Industrial, which are less than the market, and the technical indicators are in an overbought state, and I feel that I can grab a rebound.
Yu Ming bought 300 lots of Yuyuan Mall at an average price of 14.7 yuan (including handling fees) 15 minutes before the market closed, 350 lots of Yanzhong Industrial at an average price of 7.78 yuan, 3,500 hands of Jinbei Automobile at an average price of 1.73 yuan, and 681,200 yuan of funds left in the competition account.
After the market closed, Yu Ming checked the competition ranking and holdings.
There are 9 people who entered the market today to grab the rebound, because the tail market is down, and the books of the few people who grabbed the rebound are all negative returns, while the other 4 people are tied for the first place with 0 returns, indicating that because of the light position, they are ranked first among the 9 people who grabbed the rebound, and the top 8 are:
First place, Mi Weidong, Chen Jing, Chu Feng, Xue Jun, short position, yield 0%;
The fifth place, Yu Ming, holds 300 hands of Yuyuan Mall, 350 hands of Yanzhong Industrial, and 3,500 hands of Jinbei Automobile, with a yield of -0.38%;
Sixth, Xu Zhiruo, holds 200 hands of Yuyuan Mall, 500 hands of Yanzhong Industry, and 3,000 hands of Jinbei Automobile, with a yield of -0.41%;
The seventh place, Mu Yu, holds 300 hands of vacuum electronics, 300 hands of Aiso shares, and the yield is -0.56%;
The eighth place, Wen Renyi, holds 600 hands of Tsingtao Beer, 50 hands of Highly shares, and 300 hands of Second Textile Machinery, with a yield of -0.58%.
Li Ruozhu and Zhou Jilan ranked third and fourth from the bottom in terms of yield because they each had a full position of 5 stocks.
Soon after the market closed, Xue Jun, Xu Zhiruo, Zhou Jilan and Li Ruozhu all came to Yu Ming's room one after another, the faces of the three were different, Xu Zhiruo and Xue Jun were a little happy, Zhou Jilan was slightly depressed, and Li Ruozhu was expressionless.
Yu Ming first comforted Zhou Jilan and said:
"Zhou Jilan, don't worry, when you help me speculate in stocks, which time I didn't lose money when I opened a position, as long as the market rebounded, you will quickly get positive returns."
Xue Jun was also Yu Ming's friend, and he couldn't let him lose the opportunity, so he corrected his operation method and said:
"Xue Jun, your judgment of the general trend is right, when the general trend is not good, the short position operation is not wrong, but if the short position has been empty until the end of the competition, I am afraid it will be difficult to achieve the top 8 results, because the stock market has fallen for a period of time before the Spring Festival, and the decline will slow down after the Spring Festival, and individual stocks will have a chance to rebound, you are very good today, because the market did not rebound when the market closed, and the market may open low tomorrow, and you have the opportunity to open a position at a lower cost than us, of course, ours is just my suggestion, and the decision is still up to you."
薛俊 says:
"Don't worry, I don't believe who I believe in your words, I'll start opening a position tomorrow."
Zhou Jilan was still worried about her bad grades, and hoped that Yu Ming would give her some advice, and asked:
"How can I do it tomorrow?"
Yu Ming says:
"You and Lao Li are going to work in the investment studio I set up for a period of time in the future, so I won't give you two specific operational suggestions, I can only say that during the trading days of our competition, the market will generally follow the downward trend before the Spring Festival, so it is not advisable to hold a position, my judgment is that if you can get a 5% yield, you can ensure that you enter the top 8 in this final."
……
The next day, Yu Ming used the remaining 681,200 yuan to buy 395127 shares of Jinbei Automobile at an average price of 1.724 yuan.
Similarly, Xu Zhiruo was also full on this day.
Xue Jun has also been full on this day, Xue Jun has a good position for a day late, he built a position to indicate the same three stocks, but the trading volume of Jinbei Automobile is not enough for Xue Jun to have a heavy position, only 3000 hands, Xue Jun had to reposition Yuyuan Mall and Yanzhong Industrial.
On the third day, the market rebounded slightly by 0.24%, Yuyuan Mall fell by 0.13%, Yanzhong Industrial rose by 0.13%, and Jinbei Automobile rose by 3.30%.
Due to the low shares, Jinbei Automobile was taken care of by short-term funds when it rebounded.