On June 1o, 1996, the Shanghai Composite Index broke through the last of the three moving averages of 445, 62o and 99o and closed at 764 points.

It's like a giant whale hidden deep in the sea, with its head out of the water and a breath of fresh air.

After that, the market went all the way up, starting a year-long bull market, as of May 12, 1997, the highest rose to 15oo points, basically doubled.

On December 3, 1998, the Shanghai Composite Index fell below the 445-day line, the first moving average of the 469 line, and closed at 1232 points. Subsequently, the Shanghai Composite Index fell to May 17, 1999, and the lowest fell to 1o47 points, a decline of 15%, not far from the 469 line, which can only be regarded as a small bear market.

On May 26, 1999, the Shanghai Composite Index broke through the moving average again and closed at 1236 points, and then fluctuated all the way up, rising to 2245 points on June 14, 2oo1, basically doubling, and also dedicated a bull market for Chinese investors for more than two years.

On January 7, 2oo2, the Shanghai Composite Index fell below the third line again, closing at 1596 points, and then began a long bear journey, falling to 998 points on June 6, 2oo5, causing Chinese investors to suffer heavy losses.

On April 21, 2oo6, the Shanghai Composite Index quietly rose to 1416 points, breaking through the third line again, and in the context of the reform of equity division, it opened the largest bull market in history, which rose wildly to 6124 points on January 16, 2oo7, which stopped the pace of the bull market.

Afterwards. The Shanghai Composite Index began a tragic one-sided decline. On March 27, 2oo8, it officially fell below the third line. It closed at 3411 points and finally fell to 1664 points on January 28, 2oo8, before starting to rebound so far.

However, this wave of rebound only reached 21oo points, and now it has fallen below 19oo points, and the three lines closest to the Shanghai index K-line are the 99o daily line, which is still above the high 25oo points, so the current market is still far from the bull market.

"yes, it's a bear market in the real right." Qi Fei said with some deflatedness. "I used to take your word for it, thinking that now is the start of the bull market. But looking at these three moving averages, I think it's very suspenseful! ”

"The moving average is dead, but the person is alive." Ding Xu frowned and thought for a while, then said with a smile, "You see, the closest breakthrough to the third line was born on February 6, 2oo6, and on that day, the Shanghai Composite Index began to break through the 445-day line, the lowest of the three lines. It closed at 1287, up 3o% from the bottom at 998. Calculation of the bull market. It should be calculated from 998 points, and not from 1287 points when the third line is broken through. Again, this break through the third line may be above 25oo points, but if the bull market holds, it will still be counted from 1664 points. ”

"Your surname is Chang, and your name is reasonable." Qi Fei shrugged his shoulders helplessly, and didn't argue with Ding Xu, but instead opened the K-line chart of Qianyuan Power, gave one to Ding Xu, and said, "Look at this beauty, she started wearing a skirt again, showing her thighs!" ”

Ding Xu knew that Qi Fei liked to call good stocks that were about to rise as beauties, so he just smiled, opened the trend chart of Qianyuan Power, and checked it carefully, but the more he looked at it, the more solemn his face became, and his mood became excited.

In late November, Qi Fei was optimistic about the power sector and discussed with Ding Xu to use a cooperative account to operate.

Ding Xu selected three small-cap power stocks, namely Chendian International, Qianyuan Power, and Guidong Power.

Among them, Ding Xu is most optimistic about Qianyuan Power, which has a total share capital of 3o50 million and 132 million outstanding shares. After hitting a low of 6.2O yuan on September 18 this year, the next day's daily limit, and then slowly rising, more than a month ahead of the broader market out of the bottom, during which the daily limit was repeated many times.

At that time, Ding Xu's current limit on January 13 this year was very interesting, from 1o to 35 a.m., there was no transaction for 2o minutes, it looked like the main force was playing a stand-alone version of the game, proving that most of the chips were concentrated in the hands of the main force. If the main force does not press orders and does not take orders, there will be no retail trading at all, which shows that the main force is testing the selling pressure and following the trend, and the test is very successful.

As a result, at 2:56 p.m., the stock price rose by 2.2%, and by the last call auction before the close of the market at 3 p.m., the main force only used a buy order of 545 hands to pull the stock price to the limit position at once, and came to a "seckill".

The next day, Qianyuan Power fell 4.27%. But what made Ding Xu very interested was that in the case of the previous day's limit, only 5.19 million yuan was traded on this day, and the turnover rate was only o.54%. Ordinary small-cap stocks, after the limit, generally have a turnover rate of at least 5% or more the next day.

The turnover rate of Qianyuan Power is only one-tenth of that under normal circumstances, which further proves that the main force has a very high control range, so high that if the main force does not sell, there is basically no retail trading.

In view of this, although Qianyuan Power is a loss-making stock, Ding Xu still buys this stock.

Moreover, Ding Xu also believes that when it is difficult to choose between the two stocks, it is often the right way to choose between poor performance stocks and even loss-making stocks. Because the more retail investors dare not follow up on the poor performance stocks and loss-making stocks, the market makers will rise more smoothly, and few retail investors dare to hold them for a long time. When it reaches a high level, the performance of poor performance stocks has become better, and loss-making stocks are no longer losing, retail investors dare to chase higher, and market makers will take the opportunity to ship.

Qi Fei felt that Ding Xu's statement was very reasonable, so he adopted his opinion and bought 219oo shares of Qianyuan Power at an average price of 8.38 yuan on November 25, spending a total of 183522 yuan.

After that, Qianyuan Power continued to rise sharply, and a total of three price limits were harvested. On December 1o, Qi Fei confirmed that the main force was shipping, so he cleared the warehouse at an average price of 12.53 yuan, and sold a total of 2744o7 yuan. It only took half a month to appreciate by 49.5%, and the yield is impressive.

This successful operation has become a brilliant achievement for Qi Fei, which has boosted his confidence in operation, and also made him have a good impression of Qianyuan, and continue to pay attention to it.

This time throw off the big. Even after the Golden Bull, Qi Fei studied the three moving averages of 445, 62o, and 99o, and now the bull and bear judgment of the market is very effective, so he called out Qianyuan Power to take a look, and now when it peaked and fell back a while ago, it was rushed to the position of the 445-day line, and now it is about to fall back to the 62o daily moving average below.

At present, the position of the 62o daily moving average is at 11.35 yuan, and this morning, Qianyuan Power fell to a minimum of 11.93 yuan, which is very close to the position of this moving average, only a few points.

As for the 99O daily moving average, because Qianyuan Power was listed on March 3, 2oo5, it has only been more than three years, and the 99O daily moving average is basically a four-year cycle moving average, so on the K-line chart of Qianyuan Power, there is no 99O daily moving average at this time.

In addition, recently, Qianyuan Power has once again appeared that there is often no transaction for 2-5 minutes, such as 1:06 to 7 p.m., 1:9 p.m., 1:41 to 44 p.m. today, and the trading volume is O.

And this is typical of the last wave before the start of the market!

"It is about to fall to the 62o daily moving average, and $11.35 should have support and can be used as a buying point. At present, there is often no transaction for two or three minutes again, indicating that the main force has re-controlled the market after the last phased shipment, and it is estimated that the market will attack with a high probability of attacking, at least to hit the 445-day line again. ”

Ding Xu did not disappoint Qi Fei, and said the two main points that Qi Fei is most optimistic about Qianyuan Power in one breath, "At present, the 445-day line is around 13.o2 yuan, whether it can hit the 445-day line successfully or not, at least 13.o2 yuan is 15% away from 11.35 yuan, so if we can pick up the goods near the 62o moving average, it should not be a big problem to earn more than 1o points." ”

"Well, as I thought." Qi Fei nodded vigorously, took a deep breath, and only after a while did he spew out a very faint wisp of smoke, gritted his teeth and said, "It's the market that makes me a little uneasy, it fell by 4% yesterday, and it gapped down today. ”

"Don't be afraid of being trapped, Qianyuan Power is a demon stock, and I don't look at the face of the market very much. And even if it's trapped, I feel like it's a golden set! Ding Xu smiled, "I think the market is already in a bull market, and now it is only a temporary adjustment." And the adjustment is also a part of the bull market, and it is an episode in the main theme. Every time there is a big drop in the bull market, it is a good opportunity to buy the bottom and adjust the position and exchange stocks. If you are caught when you buy the bottom, you can quickly untie and make a profit, so this is the golden set! ”

………………

((Thanks to "Stinky 731oo6" for generously rewarding the leader of this book, and welcome to the Miracle Group family for communication.)

For the market's diving this afternoon, what I mean is already in Ding Xu's summary in this chapter. Correction is also part of the bull market, and it is difficult to buy a bull to turn back!

In the afternoon, I also said in various groups, don't care about short-term fluctuations of a few points, look farther, our goal is dozens of points, it is the 24oo point mark, it is 2444 points before the high, it is the sea of stars!

The market will go down in a strange attitude, or that sentence, don't worry, the market is not dead, it just pretends to be dead, and soon it will be resurrected in situ with full blood, and then hit a new high, and then rush 24oo points.

Tomorrow is the delivery day of stock index futures, whether it is up or down, let's just watch the show. As long as the medium and long-term trend is clearly seen, you can calmly face the short-term ups and downs.

It's 2oo chapters, sprinkle flowers, and thank you for all kinds of support, especially the administrators such as Yuying, Xiaolin, Ganfan, and Gluttonous Half Immortals, as well as the strong support of the alliance leaders, thank you, hard work. There is no other way to return, I just hope to accompany you all the way and catch ten doubling stocks, hehe. (To be continued!)

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