"If you use the pre-weighting method to observe the trend of Qinling cement, from 1999 to 2001, the market went through a wave of 61% of the small bull market, in this good environment, Qinling cement has just been listed from 1.51 yuan to 10.04 yuan high, an increase of more than five times. During the period, it has been rising smoothly along the 20-day line, and the dark horse runway is obvious. It is characterized by more positive lines and fewer negative lines, and after each rising wave, most of them are sideways and slightly adjusted, and then go up, and there are very few large black lines with a decline of more than 5%. It can be said that the retail investors who sat in the sedan chair were very happy during that time, and many retail investors called the main force of Qinling Cement Shanzhuang. ”

Ding Xu continued, "But there is nothing kind or bad in the stock market, because capital is profit-seeking, and every main force is here to make money, not to do charity." It is precisely because this kind of trading method seems to be kind that it deceived many retail investors, and until the stock began to plummet, they also said that they understood the main force very well. Because the Shanghai Composite Index made a historically rare pot lid top in May and June 2001, of course, it was essentially a triple top, and then began to plummet sharply in July, so kind-hearted retail investors believe that the main force can't hold on, and there is no way out, so they have to fall down. ”

"I think there's some truth to that. You see, the Shanghai Composite Index plummeted to the 60-day line on June 14, 2001, but Qinling Cement only fell slightly, and then pulled out 12 yang lines in a row, including 9 mid-yang lines, rushing to 10.04 yuan. If retail investors were not so greedy at that time, they would have seen that the market has fallen below the 20 and 30-day lines and touched the 60-day line. It should be understood that this round of bull market is almost over. It's time to ship. And the village of Qinling cement. At least it gives everyone a chance to escape the top. Four-Eyed Seaman compared the trend and said with some confusion.

"12 white lines are true, but if you open the time-sharing chart and look at it, you will know that most of them are fishing lines, which is the rhythm of pulling and playing. After all, at this time, the main force has made a very large profit, but it will definitely be difficult to ship with the big market, so the main force moves against the market. began to rise sharply, attracting the attention of short-term customers, but the intraday continued to use fishing lines to ship. And after part of the main force is out, it is also a little unsustainable at this high level, and it is estimated that there is a lack of real follow-up disk. Because the main force has earned five or six times, even if a fifth of the goods are sold at the top, at least the capital will be saved, and how much can be made after that, so the main force has no scruples. And so it started on July 3rd. The main force is poor daggers, and there are four consecutive falling limits. smashed the stock price below seven yuan in one go, and the fishing line was mainly used during the period. ”

Ding Xu continued, "After the four falling limits, the main force made another rebound, starting with the price limit, and it fluctuated sideways for more than ten days, attracting retail investors who were greedy for cheap stock prices at the moment, and sold another batch of goods in this position. After that, it fell again and shipped sideways again. It fell until September 2001, and began to engage in two sections of the trend of the iron cable across the river, during which there were two false rebounds, and the big white line of the price limit board was used to attract followers, such as the trend on October 23, 2001, which is like this. Although it is a long white line, it is essentially a fishing line. You must pay attention to the tick chart trend of these candlesticks and keep this fishing line in mind. In the future, when you see this kind of graphic at a high level, you must be highly vigilant, and it is best to leave the market quickly, and do not follow the trend to chase the rise, otherwise it is easy to be trapped by the bookmaker. ”

"Miracle, what do you mean by fishing line?" Bao Erdan asked suspiciously.

"That's a long story." Ding Xu scratched his head.

The fishing line shipping method originated in Taiwan. Bay. The operation method is: after the opening of the market, the market maker uses the knock to steadily push up the stock price, and the stock price rises unilaterally on the time-sharing chart, and the retail buyers' desire to enter the market. I hope to be fully mobilized, and I will place orders all the way to chase up in various gears. When the accumulation of enough bargain buying, the main force will cancel all their own buying orders, and at the same time regardless of the price to throw out the stock, will be all the lower buy orders knocked out, the time-sharing chart will appear waterfall rapid falling graphics, the price difference is huge, the maximum can be directly from the limit to the limit position. Subsequently, the market maker re-uses the pair to push up the stock price, and the stock price rebounds, and when the retail investors follow the trend again, the market maker repeats the old trick, which can be repeated several times a day. Due to the implementation of the T+1 trading system in China's stock market at that time, and can not be short-sold, retail investors can not sell on the same day after buying, even in a lower position or even a down limit position, and there is a certain floating profit on the same day, but because it cannot be sold, the next day after the main force opened sharply lower, these retail investors who chased the rise were all trapped. While they are looking forward to a short-term rebound, the stock price has been declining, trapping them deeper and deeper.

In the process of the stock price going down, the main force will often continue to repeatedly use this fishing line method to ship, and constantly trap batch after batch of retail investors who are trying to buy the bottom and cover the position at various prices, and spread the cost.

For example, the characteristics of Qinling Cement's fishing line shipment trend chart in mid-September 2004 are very obvious......

First, due to the fact that there are a large number of reversals and a large number of selling, the trading volume is significantly enlarged. At the same time, it often shows a special jagged rise in the process of pulling, and when it falls, it is a straight straight line, which is very obvious to smash the shipment, but it is often considered by retail investors to be the main force of washing

Second, the highest price of the next trading day almost never exceeds the lowest price of the previous trading day, indicating that no matter where retail investors buy, they cannot escape the fate of being immediately trapped.

Third, the trend before shipment is obviously tempting. Some time before the shipment, the dealer deliberately made an inverted order, the volume gradually enlarged, the stock price first closed out of one or two big white lines, it seems to make a new upward trend, but in fact, it is a false breakthrough, in order to attract the attention of short-term customers and trap some followers after the disk, immediately long yin fell, sideways again and shipped.

Fourth, in the trend of crossing the river and continuing to ship, the transaction volume shrank rapidly. For example, on January 4, 2002, the highest trading volume of this stock with more than 100 million circulating disks was only more than 50 lots throughout the day, with a total turnover of 790,000 yuan, and the turnover rate was 0.04%, and the transaction was extremely sluggish. At this time, the hedge plate is reluctant to cut the meat, and the stock price fluctuation is small, and short-term customers are reluctant to enter. After that, the main force pulled another wave. Started to trade sideways at a relatively high of $6-7. It traded sideways from July 2002 to July 2004. After two years of sideways, the stock price is still more than six yuan, and it looks like walking a tightrope in mid-air. However, during the period, the main force was still looking for opportunities to ship in the case of extremely sluggish trading in the bear market, such as February 6, 2004, when it suddenly pulled the price limit and played the oil plate, and on February 9, it gradually pushed up the stock price, and pushed it from the flat to the limit, and then suddenly closed all the buy orders and smashed it down from mid-air. In an instant, it hit near the 5% drop, leaving a long black candlestick with an extremely long upper shadow.

Fifth, the final shipment of the main force was extremely fierce and cruel. For example, after Qinling cement ended the sideways in July 2004, it began to make a false breakthrough posture, attracting a group of followers, and suddenly began to plummet in a cliff-like manner, constantly staggered with a false yang line that fell to the limit, and poured down the shipping line with a fishing line, and the stock price fell by more than half in just over ten trading days, and countless retail investors tried to buy the bottom. All fell into these more than a dozen weird fishing lines, false yang lines and inverted T-shaped yin lines. After that, the stock continued to decline. It has fallen until July 2005, a decline of as much as 68%, a time span of up to 8 months, and at the end of 2006, when the bull market came, the stock price was only about 2 yuan.

While explaining, Ding Xu posted a time-sharing chart of the fishing line trend on October 23, 2001.

"It's actually a fishing line similar to a special grease plate, which constantly hits the limit position from a 7% rise, and then falls back quickly, still attracting followers, and then taking the opportunity to ship, so it leaves a section of sharp hooks and fishing lines. I looked at my cervical spine and felt a little numb and itchy. "The old naughty boy also knows a little about the fishing line, because he chased too high and was covered in this trend, so when he saw this kind of picture, he was a little frightened and cold at the back of his neck, and even the cervical vertebrae with problems felt uncomfortable.

"This is a relatively obvious fishing line, but the market changes quickly, and it is easy to be recognized if you stick to repeating the past, which means that it is difficult to ship. Therefore, this classic fishing line is familiar to many technical retail investors, and the main force has changed a lot of tricks, even if the fishing line is used to ship, its methods are more concealed than in the past, more deceptive, as the so-called road is one foot high, the magic is one foot high. Ding Xu explained while sending some K-line charts.

Looking at the candlestick chart, it seems to be no different from ordinary stocks in a downward phase. But judging from the time-sharing chart, Ding Xu still found some typical characteristics.

The current fishing line shipping method has made some improvements, one is like Qinling cement, which is easy to be identified in a zigzag shape when the trend of steadily pushing up on the time-sharing chart, and now it is changed to a low-level rapid volume pull up or a high-level sideways shock, and wait for the lower gear to accumulate to a certain level when the market quickly smashes down, and generally smashes it once a day, and often with the help of the market decline. Of course, if the dealer finds that the market is in good condition, it is possible to repeat the operation several times, and then maintain the shock trend in the position of smashing the disk, but usually there will be a rapid process of pulling up at the end of the market, repairing the K-line pattern, and maintaining the illusion that the disk does not fall. The candlestick is either a black candle with a long lower shadow or a doji with a long upper and lower shadow, or a small yang and a small black candle. Second, the intraday shock is intense, the amplitude is very large, and the diving pattern with a huge amplitude is common on the time-sharing chart, and the sharp pull and plunge are the main characteristics.

However, the main characteristics of the main control stocks in the shipping stage are a large number of high-level changes, and the time-sharing chart is a trend of jumping up and down, either rising and falling sharply, or opening sharply and unilaterally falling throughout the day, or rising and falling sharply. In order to ship, the dealer must make a huge amplitude, otherwise there is no room for shipment.

"So how do you distinguish between a space that washes dishes and ships it?" Xin Shui asked in confusion, "It's a cliché, but it's just not easy to grasp." ”

"Personally, I still stick to what I have always said, first of all, to distinguish between high and low. If the price rises by two or even several times, you must be careful that it is shipped, otherwise it is more likely to be a wash. After all, the main force has to ship, and in the bear market, it often has to be more than doubled to have room for shipment, and in the bull market, it may be higher, and it will take several times to really ship. Secondly, in conjunction with the chip distribution column, it is necessary to be cautious if the bottom chips that are far from the current price are quickly reduced and moved up to the top. It is better to come out and wait and wait for another upward trend to establish before re-entering the market. ”

Ding Xu replied, "In addition, the stocks that are being pulled up by the main force will be washed no matter how they are washed." The price center of gravity is all upward. The lows keep rising. The moving averages are basically bullish and move steadily upwards along the trend line, rarely breaking below the important trend line. The trading volume is small and has been average, the stock price can continue to hit new highs, and even if there is an occasional diving wash, the stock price can recover immediately. The stocks in the shipping stage are generally hovering at a high level, and the stock price cannot reach a new high. The center of gravity is also gradually downward. Therefore, once it effectively falls below the trend line, it is best not to have illusions, to clear the position decisively, and not to try to grab the rebound again. ”

"Well, from the time-sharing chart, the selling pressure on the stock disk of the wash often appears to be very heavy, not only there is a large single pressure plate, but also a large single is constantly thrown, and the K-line pattern is ugly. The shipped stocks will always rise rapidly during the session, and there are often large orders to buy. There don't seem to be too many sell orders at the sell one position, but the stock price just can't rush up. And in order to maintain the good look of the market, the dealer will try his best to close out a beautiful K-line pattern at the end of the market. The Zen master added, "Of course, some main forces will also do the opposite, deliberately making fishing lines to scare people when washing the market, but as long as you closely observe the changes in the chip bar, the changes in the center of gravity of the stock price, the support line, and the trend line, you can still distinguish it." ”

Around the conclusion of Ding Xu and the Zen master, everyone discussed for a while, and finally had a better understanding of the fishing line.

…………………………… Dividing line ..............................

(Heartfelt thanks to "Xingjian 000", Wu Zhengjun 88, Gourmet, 11 Stupid Kid 11, Midnight Cool Man, "8 o'clock online" and other 6 hardcore book friends generously rewarded as the leader of this book, welcome to enter the alliance leader group (miracle group) family exchange, I wish you a lot of money.)

Our book once again won the first place in the 24-hour best-selling list today, and I sincerely thank you all and wish you good health.

Last week, I wrote the disk analysis of "Good Days Are Ahead", and this week's happy time came, the market finally stood at the 3400 point mark, and looked at today's situation, standing relatively stable, because the bank stocks and other large forces have not really exerted their strength, just a general rise, it easily closed at 3449 points, and began to leave the two-month-long weekly adjustment center.

For many people, happiness comes so suddenly. But that's what I expected, and when I started adjusting in January, I said it was just in-flight refueling. After failing to stand up to the 3400-point mark in the three attacks of the market, I said that the main force was playing the routine of crossing the Chishui four times, and after completing the full shuffling, it would be able to stand up for the fourth time. When many people say that the bull market has ended and this wave will fall to 2800 points, I said that the registration system is not out, the bull market will not die, this is only the first half of the break, there will be a rainbow after the storm. Last week, I emphasized that large-cap stocks will have a wave of market around the end of the two sessions to cover the retreat of the two sessions-themed stocks, which have risen too high.

This qiē has been fulfilled today, and I can breathe a sigh of relief, because my judgment is correct, and I have not misled everyone to cut meat, and I have not delayed everyone to make money in the bull market.

So, is the next target for 3478 points?

In February, I had a speech entitled "Our Goal is the Sea of Stars", and my target for the first phase of the market has always been 3,700 points, not the 2009 high of 3,478 points.

Last year, I said that the broader market would recover its losses all the way, including the highs of each year, including the 3,186-point high I experienced in 2010. And 3478 points is the high point of 2009, does it matter? Of course it is important, but the market will not stay around 3478 points for as long as it does at 3400 points.

In fact, 3478 points is mainly a psychological effect, there are not many chips piled up there, because it is an inverted V-shaped spire, and the chips have been cut early these years, and the chip bars of the weekly and daily lines show the same result. This is just like the high point of 3186 points in 2010, which is also an inverted V-shaped spire, so the market rushed past this position in two days last year.

On the other hand, it is because the really densest trading area and hedged chips after the 2009 bull market are piled up in the three months from November 2009 to January 2010, which is also around 3300 points, which is why the market has been adjusted for so long.

And we can see from the daily and weekly monthly lines that the hedging chips near 3300 points are the last batch of dense hedging chips, and the dense range of the hedging plate is much smaller, that is, the resistance above 3400 points is much smaller, and it is also conducive to the main force pulling up all the way.

In other words, since the super main force dares to liberate the historical trapping chips around 3300 points, the goal is naturally more long-term, and at least a strong offensive will be organized, so 3478 points is definitely not the target position of the main force.

So where is the first target of the main force, I think it should be 3700 points. Because this wave of bull market from the real low, it should be 1849 points in 2013, and the doubling is 3698 points, which is very close to the 3700 integer mark, so this is the real target of the main force. Due to the doubling resistance, there is a possibility of a wave of correction after rushing to 3700 points.

Of course, the historical trend can be used as a reference, in May 2006, after rising from 998 points to around 1700 points, the increase reached 70%, and then a long period of adjustment, and then doubled to 2000 points, and then did not stay much before it rose again, until around 2800 points before the sideways adjustment again.

So we don't think that we will have to short positions at 3700 points, after all, this wave also started a long-term adjustment after an increase of 80%, so the adjustment may be postponed, and the specific situation will be discussed later. After all, the trend is not predicted, it is out.

Of course, since the market has stood at the 3,400-point mark, in order to improve the level of analysis, I still predicted the highest point of the Shanghai Index this year in the alliance leader group today, and many people were surprised. In fact, this forecast was made a month ago when the market was still relatively sluggish, and you can verify it at the end of the year to see if the point I predicted can be realized. Of course, this kind of heavenly opportunity should not be leaked too much, so as not to be like talking about Zen in the middle of the ...... So I won't talk about it in the book, anyway, it's also fun, don't use this as a basis for operation.

While forecasting is often a joke, I personally hope it will come true, as it means more opportunities to achieve financial freedom.

Brothers and sisters, take advantage of this golden time period when individual stocks are rising and flying freely, and we will work together to achieve financial freedom. (To be continued......)