During the break, Xu Jianqing, who was about to take a break after lunch, was stopped by Gu Junhao: "You can sell the chips you bought in the morning when the market opens in the afternoon."
"Okay, don't you wait for it to hit the daily limit?" Yin Zhijie is less than 4% away from the daily limit, and most people think that they can wait a little longer at this position.
"The volume is not enough, so the probability of a daily limit is not high. It is possible that the amplitude will reach 10%. If it goes up at that time, you can continue to reduce your position. The specific amount of reduction is up to you."
In the morning, Yinzhijie's trading volume was not high, and it did not increase much compared to yesterday. In the case of insufficient volume, the price would only surge, and it is destined to fall back.
Yinzhijie's trading volume yesterday was not large. Among the 26 trading days since the ex-rights date, yesterday's trading volume could only rank fourth. It did not look like a formal launch, but more of a wave of rise stimulated by favorable news; after all, there were substantial favorable news.
If the stock price wants to officially start to rise, it cannot be separated from the cooperation of volume. Only when both volume and price increase, the trend will pick up. It is obviously not the time yet.
"Okay, I understand." After hearing what the boss said, Xu Jianqing also understood. He would decide how much to reduce the position based on the specific situation later. It was impossible for Gu Junhao to keep an eye on Yin Zhijie's trading quotation around the clock.
They still need to handle the increase and decrease of positions during the trading session by themselves. Generally, only after judging the changes in the general trend, Gu Junhao will clarify the specific amount of reduction in positions, such as Dongfang Wealth and the adjustment in the middle of last month.
When the afternoon trading started, there was no longer the passion of the morning and the market seemed a little dull. The ChiNext Index, which had fluctuated higher in the morning, also fell back to near the moving average and maintained a volatile market.
The Shanghai Composite Index did not perform well either. The index always fluctuated around the zero axis. The heavyweight stocks did not perform well either. Although the index remained at a high level, the profit effect was not obvious. Except for some stocks with substantial positive news and concept speculation, most stocks did not rise or fall much.
"Boss, when you were a full-time stock trader, did you also watch the market all day like this?" Wang Ruoyu, who had not made a single transaction all day, seemed a little bored and could not help asking Gu Junhao. The dull market also made the three people, except Xu Jianqing, not have much passion.
"Yeah, it's actually much better now. At least the four of us can still talk to each other. Back then, except when I was with my girlfriend at night, I probably wouldn't say a few words during the whole day."
"Everyone says that stock trading is a very boring thing. I didn't feel that way before, but today with Dongfang Wealth's market situation, I feel that way."
“That’s why there are all kinds of stock trading groups. In fact, many people join the groups with the intention of exchanging experiences or following experts to buy stocks and make money.
But after a while, when everyone is familiar with each other, the topics we talk about are actually not related to stocks, but more like killing time with friends."
"I have never joined a stock trading group, so I don't know much about it. Have you ever joined one, boss?"
"Yes, I have joined, and there are still several groups now, but I don't talk much now that I'm busy. I used to chat in the group often."
Gu Junhao does still have two stock trading groups that he has not quit. One is the VIP customer group of Zhongtai Securities, and the other is the retail investor group he joined before.
"Then how can we overcome this boring mentality?" This is what Wang Ruoyu wanted to ask. Looking at the trend of Dongfang Wealth, it is likely that it will remain in this state in the next few days, and there will be no room for action.
“You don’t need to overcome it. Everyone knows about the huge profits in the stock market. If there is hope of making money and making money quickly, there will be people who will do it no matter how boring it is. You find it boring because you can’t find any opportunities to make money.
Look at Xiao Xu, he is full of passion now, but he was complaining about being bored last week." Gu Junhao pointed at Xu Jianqing, who was staring at the screen seriously, occasionally clicking on the keyboard.
"Haha, that's right. I understand." Wang Ruoyu recalled Xu Jianqing's performance last week and his current appearance, and realized that only by making money can people feel less boring. When you don't make money, doing anything may be boring.
"Well, you and I all need to learn from Tingting in this regard. Look at the Xibu Securities she operates. It has been a month and there is no improvement, but she is patient and does it slowly."
Since Liu Tingting passed the initial adaptation period, she has now completely adapted to the trend of Xibu Securities. It is quite interesting to argue over every penny every day.
In his previous life, Gu Junhao would also buy this kind of stocks that were trading sideways at low levels with no performance, but he would not care about them after buying them. He would even delete them from his watchlist and look at them again after a while.
"Boss, you think too much . I just don't want to take the bus to and from work anymore. I'm planning to buy a car, but I don't want to ask my parents for money. That's why I'm so serious about this. Last week's first place was taken by Xiao Xu. Alas." Liu Tingting sighed.
"Haha, you see, it's still the motivation to make money. How much is the difference? Do you want me to lend it to you?" Gu Junhao said with a smile.
"No, my salary should be almost enough this month, so I'll just buy a car for transportation. If that doesn't work out, I can just pay the down payment."
"Okay then, any of you three can ask for money if you need it. Any amount within $300,000 will be fine, and the interest rate is the same as that of the bank." At present, he did not have the ability to solve the travel problems of his employees, so they had to rely on themselves. However, there are always differences in closeness to people. These three have been with him the longest, so it is still possible to lend him some money to buy a car.
Some people may ask, what if the money runs away and you can’t get it back? But in fact, when you make the decision to lend money, you should think about the risk of not getting the money back. No matter if this person is a friend or a relative, the important thing is whether you can bear the risk.
"Ah, there's interest charged. I thought I borrowed it for free." Liu Tingting wailed.
"Nonsense, how can you borrow money for free? I'm not your father. Relatives have to pay some interest when they borrow money."
"Boss, you're taking advantage of me." Liu Tingting said dissatisfiedly.
"Boss, I don't need to borrow money, but can I borrow your Mercedes-Benz for a few days so that I can show off my power?" Xu Jiandao suddenly said.
He was also free at the moment. Yinzhijie had completed all of his transactions for today. Dafu Technology's daily limit had not been opened since it was closed in the morning, and there was still a block order of 300 million yuan in funds.
"Get lost." After saying that, Gu Junhao couldn't help but laugh.
"Hahaha!"
At the end of the day's trading, the Shanghai Composite Index's trading volume exceeded 80 billion for the second consecutive day, and the index rose by 0.1%. However, as it was lower than the opening point, the K-line pattern showed a cross negative line.
The ChiNext Index's trading volume exceeded 30 billion for the fourth consecutive day, reaching 34.67 billion today, up 0.5%, closing at 1411.74 points, setting a new record high and marking four consecutive positive days on the daily line.
Junshi No. 1's performance today was like a microcosm of the overall market index. Dafu Technology hit its daily limit, Yinzhijie and Hailanxin rose and then fell, Wan'an Technology and Dongfang Wealth closed lower, while Xibu Securities closed at a flat price.
This is the performance that a normal fund or a large capital position should have. The stocks held have different rises and falls, so that energy and time can be better allocated.
Otherwise, you will be happy when all stocks rise together, but if all stocks fall rapidly, you will be in a panic.
Although two heavily-weighted stocks fell, the declines were not large. The other three stocks, Hailanxin, were liquidated at their upper limit, Dafu Technology hit its upper limit, and Yinzhijie rose by 4.16%, which also enabled Junshi No. 1 Fund to have a good start in July.
"Not bad, July is off to a good start. You guys take care of the rest. I'll be leaving first." After a brief after-market meeting with the three of them, Gu Junhao left with satisfaction.
Since I didn’t finish working overtime yesterday, there was no need to pretend today. Gu Junhao returned to the office, simply dealt with some things, and then left the company.
There is no need to wait for the Dragon and Tiger list. According to Yin Zhijie's character, he will not be able to make it to the Dragon and Tiger list today as the increase is less than 7%. As for Hailanxin, there is no need to pay attention to it. Dafu Technology's position is not large, so we can wait and see tomorrow morning.
Gu Junhao didn't pay attention to Hailanxin's Dragon and Tiger List, but Ren Yetao was struggling at the moment. There was no institutional seat on the Dragon and Tiger List, which meant that his judgment was very likely wrong. This institutional seat had already sold a large amount last time, and either had no shares in hand, or only some bottom warehouses, which were not enough to support its appearance on the Dragon and Tiger List.
"Oh, it seems like he was really ambushed. If he was still inside, I would be sure to keep him. Now it seems there is no chance." Ren Yetao sighed.
"It's a pity that we don't know which institution it is, otherwise we can take a little revenge next time we meet them." Lao Zhang said. In the stock market, if everyone can appear in the same stock, it means there must be a similar logic. It will not be surprising to meet them in other stocks next time.
"Let's not talk about it. This guy at least took away more than 20% of our profits, which is at least three million." Ren Yetao said with some heartache.
The next day, that is, the morning of July 2, I came to the trading room and as expected, Yinzhijie was still not on the Dragon and Tiger list, and Hailanxin had replaced a batch of hot money. However, there was a large outflow from the Dragon and Tiger list yesterday, with a total outflow of 54 million yuan.
Most of this outflow of funds was bought by retail investors at high prices yesterday morning. Whether they can escape smoothly today depends not only on the performance of the overall market, but also on the mood of the main funds.
The Dragon and Tiger list of Dafu Technology is more interesting. The main buyer yesterday was actually Guotai Junan’s proprietary seat, which bought a total of 123 million yuan. The second buyer was Zhu Rourong’s seat, which bought 28.25 million yuan.
"I should be able to hold Dafu Technology for another day today. Yesterday's Dragon and Tiger List was pretty good." Gu Junhao said to Xu Jianqing. Yesterday, Dafu Technology had a net purchase of 132 million on the Dragon and Tiger List.
"Okay." Gu Junhao will also teach Xu Jianqing some of his experiences in this short-term transaction of Dafu Technology. Xu Jianqing also gained a lot, and it also provided him with many ideas for selecting stocks and reading the market in the future.
Apart from one-day trips like Zhurou Ronghui, although Guojun's proprietary trading seats dominate the market, the market crash of such brokerage proprietary trading seats will be relatively mild. Considering its trading volume of nearly 600 million yesterday, the selling pressure today is still within a reasonable range.
With a trading volume of 600 million, there are not so many retail investors. Instead, there are more large institutions and hot money playing games. Although these people will also reap profits from each other, in most cases, they will still cooperate with each other until all the chips are distributed at high levels.
This is how the so-called institutional grouping comes about. If retail investors do not enter the market to take over, the prices will continue to be pushed up until you can't bear it anymore. In worst-case scenario, you can still distribute them on a large scale through funds, and then the retail investors will pay for it.
Dafu Technology continued to open higher today, closing at 42.90 yuan, up 4.89%. The trend was very strong, with more than 30 million yuan traded in the call auction.
After rising and falling yesterday, Yinzhijie opened flat today. The transaction volume in the call auction was less than 2 million, and the trading volume showed a trend of slowing down. Wan'an Technology opened flat, while the rest of Dongfang Fortune and Xibu Securities opened lower.
In terms of the overall market, the Shanghai Composite Index opened low, while the ChiNext Index continued to open high, forming a small gap trend and seemed to be accelerating. However, in Gu Junhao's opinion, it did not seem to be a good thing.
In the early stage, some popular stocks on the ChiNext performed mediocrely, and stocks with relatively high weights on the ChiNext, such as Dongfang Wealth, also performed poorly. However, at this time, the ChiNext opened high, and it always felt that the growth was a bit unsolid.
"Pay attention to the ChiNext Index, especially Xiao Xu, to prevent it from rising and then falling and affecting Yin Zhijie." This kind of small gap will be filled with a decline, and then it will still have to pull back to the five-day line.
Under the premise that the trading volume has not been fully released, Gu Junhao feels that it is better to proceed steadily. The previous high of 1,500 points must be passed, but not in this way.
At 9:30, trading officially began. The ChiNext Index moved in a straight line, just like individual stocks pulled up by hot money, and reached a high of around 1%, while Dongfang Wealth continued to decline.
Yinzhijie also continued yesterday's downward trend, falling straight down at the opening, to a low of 17.58 yuan, a drop of more than 2%. Even the extremely strong Dafu Technology chose to pull back after opening high.
"Something is wrong. What is going on?" Gu Junhao stared at the market and thought. The index was so strong, but individual stocks were generally falling.
"How much position does Xiao Xu have in Yinzhijie?" The Yinzhijie stocks with the largest positions currently include Xibu Securities and Wan'an Technology.
The trading volumes of Xibu Securities and Wan'an Technology are too small, and the fluctuations are not big. We can only leave the slight rise and fall to them. The only one who can change the position is Yin Zhijie.
"There are still 4,000 lots. Yesterday, I saw it rise and fall, so I reduced my position by 1,600 lots except the 1,400 lots for T." Xu Jianqing originally wanted to find an opportunity to buy some more today, but it seems the opportunity is not very good at the moment. Although Yin Zhijie has increased by more than 2%, it is still some distance away from the five-day line.
"Let's find a way to reduce 2,000 lots today and don't buy them back." Something seems wrong today. The index is rising, but individual stocks are not making any money.
Yin Zhijie's positions now exceed 7 million. If the index collapses, the losses will be considerable. It is better to reduce the losses as much as possible within a controllable range.
"Okay, I understand." 2,000 lots is not a lot, but it is not a few either. If Xu Jianqing wants to sell it at a good price, he still needs to spend some effort.
It is already 9:50 at this moment. Yinzhijie has already reached the price of 17.80 yuan, gradually stabilizing above the yellow moving average, with a drop of 0.84%. If you want to sell, you can only wait for the opportunity.
Wan'an Technology performed well today, keeping pace with the index. The increase has exceeded 1%. Xibu Securities also opened low and ended high, and has turned positive at this time.
Dongfang Wealth fluctuated downward today and closed at 11.86 yuan, officially falling below the five-day line. The stock price trend began to weaken, but its volatility was still not large. It seemed that Wang Ruoyu had no chance today.
At 10 o'clock, Yinzhijie began a trend of shrinking volume and rising, which also provided Xu Jianqing with an opportunity to sell at a high price. In the case of small volume, Yinzhijie reached a high of 18.55 yuan, and then quickly fell back, without breaking yesterday's high of 18.56 yuan.
Coupled with the strange market conditions of the index, Yin Zhijie's trend further strengthened Gu Junhao's determination to reduce his holdings: "Reduce another 500 lots, leaving 1,500 lots, Xiao Xu."
"Ah? Okay." Xu Jianqing also smiled bitterly. The boss was really troublesome. The transaction volume of Yin Zhijie today was at most 100 million. He had to reduce the position by more than 4 million, and he couldn't cause too much fluctuation in the stock price. It would take some effort.
It would be great if it was a stock like Dafu Technology. With a share price of 40 or 50 yuan, there would be buy orders of 5,000 or even tens of thousands of shares at any time. It would be so easy to reduce the position.
"Boss, do you think the ChiNext Index is going to pull back again?" Seeing Gu Junhao increasing his efforts to reduce Yin Zhijie's holdings, Wang Ruoyu couldn't help but ask.
The trading volumes of the other two stocks starting with 002 are too small, and their performance today is also good. Dongfang Wealth only has the bottom warehouse left, and the only one that can be moved is Yin Zhijie. Wang Ruoyu also knows all this.
In fact, Wan'an Technology is not just doing well. Although Wan'an Technology finally closed down yesterday, it also set a new high. Today, Wan'an Technology created a new high of 10.24.
The stock price has been moving abnormally for three consecutive trading days and has continuously set new highs. Under the premise that the stock price has not fluctuated much and has not increased much, it has always risen and fallen. It is obvious that funds are suppressing the market to absorb shares, and of course you cannot sell at this time.
"The ChiNext Index has reached above 1,400 points, and the pressure is very obvious. Recently, we have only seen the index rise, and the profit effect of individual stocks is average. We have to be careful whether there is a correction or not.
Another point is that at the end of this month, there will be a large number of new stocks listed, just like in the middle of last month. This time, the funds frozen will be higher than last month, with more than 600 billion yuan of funds being frozen. There is nothing wrong with us being careful. "
Now is not the period of registration system, and it is still relatively difficult for new stocks to be listed during this period. Otherwise, there would not be so many backdoor listings. The large-scale listing of new stocks for two consecutive months also shows that some smart funds with foresight are rushing into the market.
In order to get on the train before major policies are announced and get better seats, so as to make a fortune in the next bull market. It is that easy for people with connections or sources of information to make money.
It is much easier than people like Gu Junhao who stare at the intraday chart. However, Gu Junhao is already one of the very lucky ones in the secondary market and has obvious advantages over retail investors.
This market has always been like this, big fish eat small fish, the big guys in the primary market cut the secondary market, and standing at the top of the secondary market is naturally a certain team, they are also a member of the primary market.
Next are the original stocks of some listed companies and large institutions, and then there are private equity funds that can control larger funds. Retail investors are always at the end.
In the afternoon, the ChiNext Index, which had been fluctuating at a high level after a rapid surge in the morning, failed to continue to surge as expected. Instead, just like the early trading, it plunged straight down and completed the retracement of the five-day line.
Although the ChiNext Index eventually rebounded and closed at 1419.94 points, up 0.58%, the trading volume was only 1.65 billion yuan more than yesterday, reaching 36.25 billion yuan, despite the huge fluctuations throughout the day.
This also fully demonstrates that the pressure on the index at this position is very great. When the index dived, not many people bought the bottom. You should know that the last time such behavior happened was only in March and April, which left a deep memory for retail investors.
This also led to the fact that nearly half of the stocks on the ChiNext did not recover their original gains after the closing, but instead accelerated their decline. For example, Dongfang Wealth's decline today widened to 1.17%, and its share price was 11.80 yuan.
"You can cheat me, but don't do it continuously. At least wait for a while." This is probably the mood of off-market funds at the moment. At the high point of 1,400 points, everyone chose to wait and see.
Apart from Dongfang Wealth, other stocks performed well today. Wan'an Technology rose 0.80%, Xibu Securities rose 0.74%, Yinzhijie rose 1%, and finally closed at 18.21 yuan. While Dafu Technology released a huge amount of 990 million, it also eventually fell 8.14%, and the share price was 44.25 yuan.
"I don't know if Xiao Su has sold it. But it's better not to contact him directly in the near future. There is a difference between fund holdings and personal holdings. We all have Dafu Technology. Although the two of us only hold 1,500 lots together, which is just a drop in the bucket in Dafu Technology's trading volume, it's better to be careful."
But if you are unlucky enough to be picked on by someone, you won't be able to hide away, and no matter which leg you lift first when you enter the door, it will be wrong. But it's always better to be careful.
In the first two days of July, most people felt that the index was constantly setting new highs, but not many individual stocks saw increases.
The same is true for Li Ze. Although he has uninstalled the software, there are always some enthusiastic people in the group who report to him in real time every day the trend and final closing price of Tong Huashun.
Although Tonghuashun's performance in the past two days was stronger than Dongfang Wealth and it did not follow the decline, the increase was not large. Today, it only rose by 0.70% and closed at 14.34 yuan.
If it were in the past, Li Ze would have sold out all his stocks and changed shares with such a boring trend. However, since he had said before that he would uninstall the software and would not reinstall it until it reached 26 yuan, he had already said this, and although he was itching to do so, he had no choice but to endure it.
"I will never reinstall the software unless it's 26 yuan. I'm a stickler for it. Besides, my cost price was 12.90 yuan, and now I still have a profit of more than 30,000 yuan. You guys just can't stand seeing me making money."
Li Ze is a generous, enthusiastic and approachable person. Everyone who has dealt with him likes his character, but he is extremely concerned about his reputation and often tries to save it.
It has only been a few days since he said this. Not to mention that the stock price is still rising, he would not sell it even if it fell.
"Hahaha, Li Kuang is getting anxious. The ChiNext is now over 1,400 points, and Tong Huashun is still in such a mess. If the stock price rises to 26 yuan, how high will the ChiNext rise to?"
"Look at Dongfang Wealth. Same sector, same concept. The leader has fallen like shit. Li Kuang, are you really not anxious?"
"Haha, I'm not in a hurry. I understand. You lost money today, didn't you? Did you feel good about the plunge in the market this afternoon?"
"Let's not talk about the plunge. We are still good friends. Hailanxin has sold at a loss. Hey, if I had sold it when it reached 7% this morning, I would have made some profit..."
"Haha, you guys are just bad. You got killed by Li Kuang. By the way, how does Li Kuang feel when he doesn't watch the market?"
"To be honest, it's so nice not to have to watch the market. I feel energetic even when I wash my feet. I suggest you do the same as me and play Tonghuashun and then delete the software."
"You bought it for more than 12 yuan, and now it's more than 14 yuan. You want me to take it all in? Li Kuang, you are really mean."
"14 yuan is nothing. Have you ever seen Brother T's stocks double in value? Look at Dafu Technology. After Brother T sold it, its price went up several yuan."
"That's right. Even if you buy Brother T's stocks at a high price, you will always have the opportunity to make money. I paid attention to him when he was investing in Wangsu Technology. I bought in at 70 yuan, and later the cost was 68 yuan. Everyone called him Brother 68.
I thought he was an idiot. He dared to buy when the price rose from 10 yuan to more than 70 yuan. He was totally stupid. But in the end, he made a lot of money and withdrew from the stock market. "
"Brother T seems to have cleared out his position in Dafu Technology at around 38 yuan. It's been a few months, and the price hasn't fallen. The trend looks very strong. Do you want to go in and get some money?"
"I think it's okay. It just so happens that the Hailan letter came out today. Let's see if there is a chance to make a profit tomorrow. But if it opens high like today, I won't dare to do it."
"I also wanted to buy today, but it opened too high and fell again in the early trading. I was afraid I would miss out if I bought in this morning. If I bought in this morning, it would have been about 5 points higher."
"Okay, okay, this stock has a large trading volume and the turnover is normal. It's not like Hailanxin's Shen Jingbing, which has a large turnover every day and makes people tremble with fear. Let's see if we can get some tomorrow. It's just that the stock price is too high."
"It has been sideways at a high level for three months and then broke through with huge volume. No doubt, I will go all in tomorrow."
"Brother, I remember you have 500,000 yuan in capital, right? If you go all in and the market drops, you will lose a lot of money."
"No, I only have enough to buy 300 shares, the rest of the money is in other stocks."
"Which one? Give me the code. Anyone who dares to bet 500,000 must follow."
"Tong Huashun, I entered the game yesterday morning with a single bet."
“…”
"Haha, you bunch of people who look down on others, what's the matter, 300,000 is not a lot of money to me, you must be hit hard now." Li Ze looked at the conversation in the group, his heart was filled with joy, and the entanglement brought about by Tong Huashun's trend was naturally thrown behind him.
…
July 3, 2014, Thursday; at 9:15, the call auction had just begun and everything seemed to be heading in a bad direction. The index did not change much, but the trading volume of a large number of individual stocks was sluggish and remained in the red.
Some blue-chip heavyweight stocks are ready to move. Today is Thursday, and the trading volume for several consecutive days has not allowed the index to expand its gains. Instead, a large number of stocks have emerged from the correction trend.
"Dongfang Wealth, Yin Zhijie reduced all positions to 1,000 lots." At 9:19, Gu Junhao broke through and gave the order, which surprised Xu Jianqing and Wang Ruoyu.
Yinzhijie had already reduced its holdings to 1,500 lots yesterday, and Dongfang Wealth has also held low positions for many consecutive days. The combined market value of these two stocks is less than 5 million yuan. I didn't expect that the boss would still reduce his holdings. How pessimistic is the trend?
Although the two were a little surprised, they did not slow to act, especially Xu Jianqing. Without reasoning at all, he directly placed a bid for 500 lots of Yin Zhijie at the lower limit price at 9:20, regardless of whether Xu Jianqing had the funds to take over.
Wang Ruoyu was more stable, and placed his order at a price only 20 cents lower than yesterday's closing price, that is, 11.60 yuan, for 600 lots of Dongfang Fortune.
As if he knew what the two wanted to ask, Gu Junhao said directly: "Although Yin Zhijie barely pulled up at the end of yesterday's trading, judging from the trend, there is already a trend of correction. Let's see it fall to the five-day line today.
As for Dongfang Wealth, it fell below the five-day line yesterday. The reason I didn't sell it was that I wanted to see whether it was a real break or a false break. If it is a false break, I will increase my position today.
However, at present, there seems to be no abnormal movement of funds in the call auction. It is highly likely that the price has really fallen below the limit. There is no volume and the trend position has been broken. In addition, the price has basically closed down in recent trading days, which means that the adjustment has just begun.
At this time, we will reduce some of our positions. Even if we made a mistake with this part of our positions, the loss will not be big if we buy them back, which is understandable. However, I estimate that it will fall to around 10 yuan, and there is still more than 10% room for adjustment, just like Wan'an Technology, the second bottom, Ruoyu, remember to buy back all your positions around 10 yuan. "
The trend of Dongfang Wealth confirmed his memory that it started to move around 10 yuan. Of course, he couldn't say this out loud, and could only tell Wang Ruoyu based on the trend analysis.
"Boss, what about my Yin Zhijie? When should I start buying it back?" Xu Jianqing's holdings are not high anymore, and Dafu Technology also needs to find an opportunity to liquidate its holdings. It's quite uncomfortable to hold a lot of funds.
"Yin Zhijie, let's see the trend today and tomorrow. If it stabilizes this week, we will slowly buy back in. Otherwise, we have to wait for the second bottom, and form a double bottom with the bottom of last month before buying back in."
"Oh, I see. Boss thinks it may continue to fall back to the 15 to 16 yuan box position, so I can just buy it back then." Xu Jianqing said after flipping through the trend.
"That's right. In fact, although Dongfang Wealth and Yinzhijie have fallen to this point, it seems quite a lot, but in fact it's only a dozen points. Combined with the current high level of the ChiNext Index, it is not impossible for them to fall back."
"The boss is right. When the index falls slightly, individual stocks fall sharply. When the index falls sharply, there are countless days when individual stocks hit the limit down." Liu Tingting has already built a position, and Xibu Securities has returned to its previous narrow range of fluctuations. There is little she can do.
So these days are the most idle for her. Although Gu Junhao has already invested all his money in Wan'an Technology and does not need to operate, he still has to keep an eye on the overall situation. In fact, he is the busiest among the four.
"That's the truth. So, in addition to retaining their bottom positions, Dongfang Fortune and Yin Zhijie are also trying to minimize losses as much as possible. This is one of the reasons why I asked you to reduce your positions.
At 9:25, the call auction price was finally determined and both markets opened slightly lower. The Shanghai Composite Index opened at 2051.63 points and the ChiNext Index opened at 1419.81 points.
Among the holdings, GEM-related stocks Dongfang Wealth, Yinzhijie, and Dafu Technology all opened lower, while Xibu Securities and Wan'an Technology opened flat. Dongfang Wealth opened at 11.79 yuan, and Yinzhijie opened at 18.20 yuan, both opening one cent lower.
Since the two people set the price relatively low and the volume was not large, both of them had already completed the transaction at 9:25. In this way, the positions of these two stocks have been reduced to the lowest level, and it is impossible to reduce the remaining positions any further.
In fact, this is not just because of the fund. Once the funds exceed a certain number, it is impossible to always be fully invested. If you are empty, you must also bear the necessary drawdowns. The important thing is to minimize the drawdowns.
Currently, the total scale of Junshi No. 1 is less than 50 million. If it were not for the fact that the trading volume of Wan'an Technology and Xibu Securities is too small, the room for operation could still be larger.
However, don't look down on these two stocks. Although their trading volumes have never been able to break through, their recent trends have always maintained a state of small ups and downs, and their stock prices have slowly been climbing, especially Wan'an Technology has continuously broken through new highs.
The K-line has small negative and positive lines, with more positive lines than negative lines, and the stock price is climbing up little by little. All signs indicate that these two stocks have attracted the attention of funds and are in the state of chip collection.
The stage when the main funds are building positions and collecting chips is the most torturous. If you can survive this period, the stock price will surely bring you surprises, especially these two stocks have good concepts.
Both of them belong to small and medium-sized enterprises, one is a securities company and the other belongs to the automobile industry chain. They will definitely be indispensable when the concept sector takes off in 2015.
Gu Junhao knew the approximate increase in Wan'an Technology, but he had no idea what the specific trend of Xibu Securities would be. He had never paid attention to this stock in his previous life.
First of all, look at his name. If it was Gu Junhao in his previous life, the stock market would have experienced great ups and downs, and those who were able to stay in the market, the new investors in 2015, would have become old investors. For example, Gu Junhao would have directly rejected Xibu Securities, a small brokerage firm from a non-developed region, as soon as the name was heard.
But now, it has not been listed for long, and the stock price is at the bottom. In addition, with the general rising market in 2015, even if the increase is not large, it will not lose money. However, this bottom-level targeted share issuance has given Gu Junhao some surprises. This stock is full of unknowns.
At 9:30, trading began, and both the Shanghai and Shenzhen stock markets fell. A number of individual stocks also began to move downward. It seemed that all this made sense on the statutory decline day.
Since Yinzhijie and Dongfang Wealth have both reduced their positions to the lowest level, Wan'an Technology and Xibu Securities have no plans to operate, the only stock that can be operated today is Dafu Technology.
Xu Jianqing sighed how lucky he was, trading a mere 500 lots of stocks, but there were three people standing behind him watching, one of whom was his boss. It was quite like the feeling when he was a child, when the teacher was lecturing in the classroom and a bunch of leaders were sitting in the back row listening to the lecture.
"Just 500 lots, which is more than 2 million at the current price. Do you have so much money?" Wang Ruoyu sneered.
"No, but I have more than 10 million in my hands to operate. What's wrong with me looking down on these 500 lots?" Although Xu Jianqing kept his eyes on the trading board, he was still very comfortable when he retorted.
"Who isn't? I'm fully invested in 10 million, and I still have 2 million in my hand." Liu Tingting also retorted. Gu Junhao watched the three people bickering and had no intention of stopping them.
At this time, Gu Junhao was also watching the trading quotation. Dafu Technology had active trading, with a lot of sell-offs and fierce buying. In 10 minutes, the price dropped from 44 yuan to 43.03 yuan. The trend was affected by the overall market, but it was still very healthy.
For stocks like this that have been rising continuously, the fund turnover rate is very active. As long as there is no sudden gap down and the stock price is still in a bullish trend, there is no need to worry too much. Even if it falls with the index, it will rise faster than some other stocks.
"Wow, I finally understand. You two want to interfere with me so that you can take my first place. But don't worry, Dafu Technology's performance is calculated separately, so don't be afraid."
Xu Jianqing was a little nervous when the stock price just started to fall, but now that Dafu Technology has turned red, Xu Jianqing has relaxed. It is now 9:50.
Gu Junhao stood behind Xu Jianqing, staring at the flashing red and green lights on the high-definition screen. The heavyweights suddenly exerted force to protect the market, and the Shanghai and Shenzhen stock markets, including the ChiNext Index, unexpectedly began to turn red.
Wan'an Technology turned red, Xibu Securities turned green, but Yinzhijie and Dongfang Wealth still showed a unilateral downward pattern, with Dongfang Wealth's decline widening to 1.5%, and the trading volume also increased.
…
"Hey, what happened to Black Thursday? Why did the index suddenly turn positive?"
"Has anyone just bought into Dafu Technology? I bought 300 shares at a cost of 43.52 yuan."
"Brother, you are really strong. You come in as soon as you say so."
"300 shares, what's there to be afraid of?"
"Tong Huashun is green today, won't you sell it?"
"If Li Kuang doesn't sell it, I won't sell it. I'll follow Li Kuang."
"That's awesome. I'll follow suit and buy him for 50,000 yuan while he's still green."
Retail investors are busy exchanging stocks, Li Ze is busy mining, and Gu Junhao and his team of four are relatively relaxed. No one knows what will happen in the future, but Gu Junhao feels that the fund will rarely encounter such strange scenes as today.
With more than 40 million yuan of funds, only 2 million yuan of stocks can be operated, and the rest can either not be bought or sold. This strange situation is probably something that many fund practitioners have never encountered.
At 10:02, Dafu Technology officially broke through yesterday's high of 45.01 yuan, closing at 45.02 yuan, setting a new annual high while returning to the level before the ex-rights in June 2011. Its three-year rights-filling career is almost perfect.
"At this price, many people who were trapped a few years ago have been freed or even doubled their money. There are really many stocks on the ChiNext that have performed well." Wang Ruoyu couldn't help but sigh as he watched Dafu Technology's easy and vigorous rise.
At 10:06, Dafu Technology reached a high of 45.62 yuan and then began to slowly decline and adjust. The overall trend is very healthy and the trading volume has always remained at a high level.
After an hour of adjustment, Dafu Technology began to rise in a step-by-step manner, with the stock price rising higher and higher like walking up a staircase. At the close of the market at noon, Dafu Technology closed at 47.26 yuan, up 6.80%, making it a standout among GEM stocks.
In the afternoon, Dafu Technology once again rose in a step-by-step manner as it did in the morning. At two o'clock, the stock price was 48.65 yuan, only 3 cents away from the upper limit, but there was no funds to close the price.
Considering that this price was not far from his target price, Gu Junhao asked Xu Jianqing to sell off all his shares in Dafu Technology, and finally sold them successfully at a price of 48.50 yuan, recovering 2.425 million yuan.
In this way, Dafu Technology held the position for ten trading days and achieved a staggering return of 40%, with a profit of 700,000 yuan, which is a very good return for short-term investment.
At the end of the day's trading, led by the heavyweights, the Shanghai Composite Index's trading volume exceeded 96.18 billion yuan, and finally rose 0.19% to 2063.23 points.
The ChiNext Index created a new high of 1428.67 points during the session and finally closed at 1422.60 points, up 0.19%, with a trading volume of 35.6 billion.