Chapter 12: The Great Fall
Because of the National Day holiday, the market started on September 27 and will not open until January 6.
Ding Xu spent a peaceful National Day holiday with his parents, and the family of three went to Zhongpo Mountain National Forest Park to climb the mountain for exercise, and had a hearty barbecue at Xiaolong Villa.
In the past, Ding Xu's family often climbed mountains, but this time the feeling was very different. Because of the huge loss in stock trading, Ding Huaiguang almost committed suicide, and now his life has finally returned to normal. This feeling of being lost and regained made Ding Xu's family very emotional.
After that, Ding Xu's parents, like before, went to climb Zhongpo Mountain every day. Ding Xu read books and surfed the Internet all day long, continued to make up for his knowledge of stock speculation, and read the blogs of several grassroots bloggers he has been tracking in the past year, and learned a lot from them.
Although Ding Xu has earned eight times in the bull market, the principal is only 10,000, which is idle money that does not affect his life, so he doesn't take it too seriously; Second, I was preparing for the college entrance examination during that time, and I basically didn't care much about buying stocks, but I was startled when I heard that it had risen 2o times by only two cents, and decided to ship. Therefore, Ding Xu has not really experienced the bull market carnival feast that rises every day and rises to the point where the shareholders are extremely excited, and similarly, he has not really experienced the bear market tragedy that people can't cry when they fall endlessly.
However, this qiē can be solved by looking at some blogs and stock market logs, or it can be experienced from a more intuitive and direct candlestick chart.
Ding Xu has developed a special method of looking at the K-line chart, which is a way similar to the review of Go - he called up the daily K-line of Baotou Iron and Steel Rare Earth, used the arrow keys on the keyboard to adjust his own purchase date in 2oo6 to the far right of the computer screen, and then began to predict the next day's trend according to technical indicators. After that, use the arrow keys on the keyboard to move to the right one candlestick at a time, and move out of the next day's candlestick chart, which corroborates your prediction.
At the same time, Ding Xu also combined the date of the K-line to look at the blog and stock market log of that day in history. This allows the combination of fundamentals and technicalities, and also makes the trend of the market and Baotou Steel rare earths compatible. In this way, it is equivalent to allowing yourself to travel back in time and space to a year ago, and experience the stock market atmosphere at that time.
In a sense, this is the equivalent of experiencing a long bull market and a big bull market.
It took five and a half days for Ding Xu to finish this qiē.
When he finally looked up from the computer, his face was a little pale, and his mother, who had come to bring him milk, was startled, and quickly ordered him to lie down in bed and rest.
Sleeping on the bed, Ding Xu's face was still a little pale, but the corners of his mouth showed a satisfied smile.
In the past five and a half days, although Ding Xu was very tired, it was equivalent to experiencing a bull market and a bear market, and he finally vaguely saw the figure of the dealer from the K-line chart, and he gained a lot.
On October 6, Ding Xu went to school as usual and prepared to watch the plate again at noon.
A classmate asked Ding Xu where he went to play on the National Day, and Ding Xu naturally did not say that he had watched stocks for a few days, but only said that he climbed the mountain and played ball every day.
After the dull four classes, Ding Xu took out a Nokia mobile phone and opened the mobile phone stock trading software.
This mobile phone was bought by Ding Huaiguang for his son during the summer vacation, and it was a reward for Ding Xu to be admitted to college.
Recently, Sun Securities Company saw a downturn in the market, and in order to stimulate trading and obtain commissions, it launched a mobile stock trading software. Ding Xu downloaded this software to his mobile phone, not only to see the market, but also to use the mobile phone to trade, but the refresh of the market is relatively slow and not real-time enough. But as a student, there is no better way.
After looking at this morning's market, Ding Xu let out a long breath.
In early trading, the Shanghai Composite Index opened sharply lower, falling more than 50 points, and closed down more than 80 points at noon. Baotou Iron and Steel Rare Earth opened more than four points lower by a sharp gap in early trading, and fell more than five points at the close of trading at noon.
Ding Xu predicted on Tuesday that the market and Baotou Iron and Steel Rare Earth would fall, but on Thursday, the market and Baotou Iron and Steel Rare Earth rose, and Baotou Iron and Steel Rare Earth also rose by more than five points. However, he still insisted on his original judgment and refused to enter the market to buy the bottom.
Today, the market and Baotou Steel rare earth finally fell sharply, and his prediction was not too wrong, which made Ding Xu regain some confidence.
"Baotou Steel rare earth may have to fall today." Looking at the enlarged trading volume, Ding Xu made a judgment.
At the end of the afternoon, Ding Xu opened the mobile phone stock trading software again, and the rare earth of Baotou Steel really fell to the limit, closing at 9.78 yuan.
"Fortunately, I didn't go in to get to the bottom. It is estimated that it will fall after that, and continue to wait until it falls to around eight blocks again. "Ding Xu is like a hunter in ambush in the mountains and forests, patiently waiting for the prey to fall into his trap. He was not moved by the stock limit, but waited patiently and watched.
It's just that Ding Xu didn't expect that the market would be so tragic after that - from January 6 to January 24, in just three weeks, the Shanghai Composite Index fell from 2293 points to 1839 points, a decline of as much as 2o%, and the lowest fell to 1825 points, almost falling below the low of 18o2 points set on September 18.
The Baotou Iron and Steel Rare Earth has also fallen miserably in the past three weeks, from 1o.87 yuan before the National Day to 8.43 yuan on January 24, a decline of 22%, which is basically the same as the decline of the Shanghai Index.
January 24th is Friday, this evening, after Ding Xu studied the stock trend, he called Tang Hao with some excitement: "It is estimated that the market will hit a new low again, it is inevitable that it will not be broken, and if it is broken, it will be a good opportunity to buy the bottom!" The last time it fell below 18o2 points, the central government issued three major benefits such as one-way trading of stamp duty. If it falls below again this time, there will definitely be greater benefits! ”
"Finally ready to buy the bottom?" Tang Hao also became excited, "What stocks are you going to buy?" ”
"It's not finalized yet, but Baotou Steel Rare Earth is a good choice." Ding Xu replied, "Mouse, the lowest price of Baotou Steel's rare earth fell to eight yuan two, although it did not fall below the lowest price of 8 yuan on September 12, but it was quite close." This point is highly consistent with the broader market. In fact, the main force has been following the decline of the market step by step in the process of falling, and I feel that the main force is grinding foreign workers, patiently waiting for the market to reverse, waiting for another wave of big market opportunities. On January 17, the trading volume of Baotou Steel's rare earth was only 340,000, setting a record for the recent volume. I feel like I'm not far from the bottom! ”
"Then buy it, what are you hesitating about?" Tang Hao asked a little puzzled.
"Baotou Steel rare earth is a long-term choice, but you can make a short-term first." Ding Xu replied, "You know, I've been waiting for a reversal signal, waiting for the central government to issue a heavy dà positive." This big benefit should not have anything directly related to rare earths. Therefore, the short-term varieties should be stocks in other sectors. ”
"That'...... When will this benefit come out? ”
"Soonest, it will come out this weekend!"
"Oh, that's still early, you study it slowly, I'll continue to drink."
"Damn!"
"What do you rely on, I will pay, you will contribute!"
"Damn!"
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