Chapter 157 Fund Alternative Records
On the first trading day of the second week of July, the market's profitability was poor, with the ChiNext Index plunging 1.85% and falling below 1,400 points, officially starting an adjustment trend.
Apart from various negative news in the market, including the withdrawal of new stocks, most companies will disclose their semi-annual reports starting from the 10th of this month.
During major announcement periods such as quarterly reports, semi-annual reports, and annual reports, there will be various minefields in the market. It is in line with market rules for funds to be treated with caution during this period.
A-shares have a magical characteristic. Normally, there is a day with a big drop every week, which is usually concentrated on Thursdays, but this week it was brought forward to Wednesday.
This Wednesday, the Shanghai Composite Index, which had fluctuated around 2060 points for dozens of trading days, finally couldn't hold on today. The Shanghai Composite Index opened lower throughout the day. By the end of the trading day, it fell 1.23%. The index returned to the vicinity of the 2030 mark and closed at 2038.61 points.
A 25-point drop in one day created the largest single-day drop in the Shanghai Composite Index since June 19. In Gu Junhao's opinion, it is time to buy at the bottom near 2030 points, and there are not many chances for the Shanghai Composite Index to fall below 2000 points again.
From the support point of view, after several months of sideways fluctuations, the support level of the Shanghai Composite Index has gradually moved from around 2000 points to around 2030 points, and the bottom is gradually rising.
In the first three trading days of this week, the ChiNext fell 1,400 points on Monday and rebounded to 1,410.73 points on Tuesday. However, it opened high and closed low today, falling below 1,400 points again and closing at 1,384.58 points. The daily K-line pattern showed a positive line sandwiched between two huge negative lines, and the short-term trend is extremely bad.
"It's hard for the ChiNext to hold up, right?" Xu Jianqing looked solemn after the market closed. He finally saw the day when all fund holdings turned green.
"Well, so you and Ruoyu are not suitable for building positions at the moment." Gu Junhao himself was quite relaxed and his mood was not affected by the fund's drawdown.
"The boss is really generous. He actually dared to let me buy in the afternoon. And he set a high price." Both markets plunged in the afternoon. Liu Tingting, who held a position of more than 10 million yuan, was under great psychological pressure. Under this circumstance, Gu Junhao still asked her to fill up her position again.
"In fact, you can buy it. Compared with the big drop on the 19th of last month, Wan'an Technology and Xibu Securities did not fall as much today, and they did not create a new low. Xibu Securities did not change much. Compared with the lowest price on the 19th, Wan'an Technology's closing price today still has a 10% rebound.
Among the stocks we currently hold, only Yinzhijie can compete with him. In terms of trend, he has turned from weak to strong. "
A stock cannot remain weak forever. Since the unusual movement on June 30, Wan'an Technology's stock price has continuously set new highs. Although it fell sharply today, it still maintains the trend of the unusual long-term rise on the day.
This is what is called a long-term positive trend. As long as it does not fall below this trend, you can hold on to it. Therefore, Gu Junhao still did not make any operations today and resisted a large-scale pullback.
Junshi No. 1 suffered heavy losses today. Among the four holdings, Wan'an Technology fell 2.54%, and its share price once again fell below the 10 yuan mark, closing at 9.96 yuan.
Another heavily-held stock, Xibu Securities, fell 1.94% today, also creating the largest drop since June 19. Gu Junhao would naturally not let it go after another big drop after 20 days.
The price was still at 10.70 yuan. Liu Tingting used her remaining 2 million yuan to buy all of Western Securities. Her holdings in Western Securities reached 11,570 lots. Like Gu Junhao, the funds in Liu Tingting's hands were also exhausted.
Xibu Securities' total transaction volume for the day was 60 million yuan, and the final share price closed at 10.64 yuan. The other two small-position targets, Dongfang Fortune and Yinzhijie, fell by 1.14% and 3.7%, respectively.
The declines of the four holdings all exceeded 1%, with daily losses exceeding 500,000 yuan and a retracement rate of more than 1%. This is why Xu Jianqing looked solemn. Although he once joked that it was time for all funds to turn green, this day came so quickly that Xu Jianqing still found it difficult to accept it.
By Thursday, the Shanghai Composite Index stabilized its losses, with the intraday drop of less than one point, closing at 2038.61 points; the K-line trend formed a very small false positive cross star.
The ChiNext Index continued its sharp decline on Wednesday, falling below the 20-day trend line again to close at 1363.88 points, down 1.49% on the day. The trading volume also fell below 30 billion yuan for the first time since the rebound in June.
Today, Junshi No. 1 did not continue to hold all its positions. Dongfang Wealth rose in the late trading, up slightly by 0.18%. Xibu Securities also turned positive in the end. Wan'an Technology closed down slightly, while Yinzhijie continued to fall sharply, and finally closed at 16.77 yuan.
However, despite this, Junshi No. 1 continued to retreat today, but the extent of the retreat was greatly reduced. After the first time all positions closed in the red, it set a new record of retreating for two consecutive trading days.
Today, the two stock markets are still sluggish, but what is surprising is that Dafu Technology unexpectedly hit the daily limit at the end of the trading day. Under the support of the 10-day line, Dafu Technology finally achieved a small-volume rebound today, and the stock price closed at 49.72 yuan at the end of the trading day, up 10% for the whole day.
The stock price of 49.72 yuan is less than one yuan away from the expectations of Gu Junhao and Su Mingyu. The trend of Dafu Technology is also in line with the double-top shipment trend expected by Gu Junhao.
The 10-day line rebounded with a reduced volume, and at the end of the trading day, it made a sneak attack and hit the daily limit, attracting the market's attention. Especially at the moment when the market is so sluggish, the GEM also continued to fall before Dafu Technology started.
The independent market situation at this time, the new high stock price data that has been refreshed again this year, coupled with some media hype and the water army in the stock trading area, can easily awaken investors' memories.
"Another ten-fold gold stock. Zhongqingbao's bottom price was around 10 yuan, and it rose to 100 yuan, a ten-fold return. Wangsu Technology rose from 13 yuan to 140 yuan, another ten-fold return. The GEM has a bull stock."
"It seems that there is no problem with Dafu Technology's 70 yuan. It has the same popular theory, the same fundamental reversal, and a return of about 40%. It is still worth buying."
"Nothing to say. The 10-day line rebounded, and the stock price hit a new high this year. It will open higher tomorrow with a gap, and the second wave of trend will accelerate. After that, there will be some shock adjustments. It won't be a problem to reach 70 in a while, so you can still buy it."
There is no shortage of such remarks in the stock trading area of Dafu Technology. Even the post that Gu Junhao had previously posted on Taoguba about Dafu Technology transactions was dug up again.
Whether intentionally or unintentionally, in these new replies and comments, most people are making fun of Gu Junhao for his misjudgment and selling out a ten-fold gold stock. You should know that Gu Junhao cleared out his position at around 38 yuan, and if the stock price could reach around 70 yuan, Gu Junhao would have nearly doubled his profit.
"If you spend a few months doing T, and follow Brother T's method, you can double your money without any problem. In the end, you made a wrong judgment. Wangsu Technology did very well and got it near the highest point."
"I guess it's because they have more money and less courage. Maybe they know it might reach 70 yuan, but they don't want to wait any longer. Wouldn't it be better to use the opportunity of becoming famous to do private equity and earn management fees?"
"It's hard to say. After clearing out his holdings at Dafu Technology, Brother T started a private equity firm. It's doing very well now. Last week, it ranked second on the private equity fund rankings."
"So, Brother T is optimistic about Dafu Technology reaching 70 yuan? He just had to sell it because of the problems of starting a business, right?"
There were more and more replies of this kind, pushing Gu Junhao's post to the top of the hot list again after a few months. Seeing these comments, Gu Junhao couldn't help but frown, as something seemed to be wrong.
"Boss, should we respond?" Li Xinyu asked nervously when she saw Gu Junhao frowning.
She is currently responsible for monitoring some news related to Gu Junhao and Junshi Capital on social media. She also discovered that Gu Junhao’s original post was once again popular in Taogu Bar.
"These people are a bit unkind. If you want to reap the profits, just do it. I have already cleared my inventory for several months, and now you are dragging me into this. It's simply unreasonable." Gu Junhao said with a wry smile.
I must respond. After all, I have many loyal fans in Taoguba. If they are harvested through other channels, there is nothing I can do.
However, if you are really misled by the comments under your post, and think that you have to sell off your Dafu Technology shares for the sake of starting a business, and you actually buy back in because you think the return will be ten times the expected amount, then you will inevitably be scolded by these people.
"Let's take a look at the Dragon and Tiger List first. The Dragon and Tiger List has come out." It's okay to respond later. The market has closed for today anyway. Let's first judge the changes in funds from the Dragon and Tiger List.
Clicking on the Dragon and Tiger list of Dafu Technology, the data on the Dragon and Tiger list of Dafu Technology seems to be unworthy of its trading volume of 600 million yuan today, and is not at the same level at all.
The purchase volume of the first buying seat was less than 14 million yuan, and the purchase volume of the other four buying seats did not exceed 10 million yuan. The selling seat was even more outrageous. All five seats did not exceed 10 million, and the selling volume of the fifth seat was only 5.5837 million yuan.
"It's so funny. Hot money is not interested anymore. If Xiao Su does a few Ts and sells them today, he will be on the Dragon and Tiger List." Gu Junhao remembered that Su Mingyu held 1,000 lots of Dafu Technology. Based on today's closing price, the market value is only less than 600,000 yuan less than the fifth price.
It's no wonder. Hot money has no interest in participating. Guojun's proprietary trading seats are probably not many left. At best, it's just a bottom warehouse. If the trading volume cannot be maintained, it will take a while for the market to ship out the goods.
"That means we are in luck. If the market is bad, you might even get burned." Gu Junhao curled his lips.
"Should I respond? But it doesn't seem appropriate to talk about the stock price publicly?" Judging from the boss's tone, he doesn't seem to be optimistic about Dafu Technology, so in that case, a response is necessary.
"That's certainly not appropriate, but I have a way." In fact, it's not that we can't negotiate, but it's definitely not okay to publicly say that the price will be less than 70 yuan. What if he goes crazy and really raises it to 70 yuan?
Gu Junhao picked up his mobile phone and opened his own retail investor group. He didn't know much about the retail investor group, but it had all kinds of jokes about the stock market and some silly pictures. Gu Junhao easily found an emoticon package of cutting leeks.
Updating this picture to your Taoguba dynamics is considered a response. Those who can understand it will naturally understand it, and those who can’t understand it will have no choice.
I didn't say anything, I just posted a picture, there's nothing wrong with that; to be honest, it can be said that the fund is in a bad mood due to the recent two-day drawdown, which is reasonable.
