Chapter 20 A perfect ending to October
After finishing his meal, Gu Junhao returned to his computer desk in his room, and the Dragon and Tiger List of Wangsu Technology arrived as expected.
"Today's Dragon and Tiger List is a bit weird. It's actually institutions that play the leading role." Looking at Wangsu Technology's Dragon and Tiger List, Gu Junhao pondered.
According to the data from the Dragon and Tiger List, three institutions sold a total of 20 million yuan, and two institutions also appeared on the buying seats, buying a total of 40 million yuan, including several hot money. The total net buying difference of the Dragon and Tiger List was nearly 32 million yuan.
Jintianlu, which was purchased for nearly 200 million yuan in the early stage, has also disappeared from the Dragon and Tiger List. It is not known whether it has been liquidated or has been held. Today's Dragon and Tiger List purchases accounted for 25% of the transactions. The overall data is average.
Looking back at the rebound of the two major indexes today, the rebound of the Shanghai Composite Index was significantly stronger than that of the ChiNext Index. The Shanghai Composite Index rose 1.48% throughout the day, closing at 2160.46 points, and successfully stood above the five-day line.
On the other hand, although the ChiNext Index also rebounded, the rebound was relatively weak, with an increase of 0.92% throughout the day to close at 1273.29 points, and did not stand above the five-day line.
Comparing the index with the list of top performers of Su Technology in the past, Gu Junhao seemed to have some understanding.
"With the institutions making trouble, it looks like Su Technology will still have to adjust. It is likely to hit the 75 yuan pressure level tomorrow and will not go up. It is likely to rebound and fluctuate within the range of 75 to 65 yuan in combination with the adjustment of the ChiNext Index."
This is probably the main tone of Wangsu Technology next month, that is, November, which is mainly volatile. While washing the chips, they also sell the stocks. As for whether they want to exchange stocks, it is definitely impossible. If they make a mistake in judgment, they will really wash themselves out and will not be able to get cheap chips at that time.
"I'd better continue to be a T in there." Gu Junhao decided.
Thursday, October 31, 2013, was the last trading day of the first month since Gu Junhao became a full-time stock trader.
Today, the two markets did not continue yesterday's rebound atmosphere and both opened lower. The Shanghai Composite Index opened at 2155.51 points and the ChiNext Index opened at 1266.56 points.
"This opening is not good. It looks like there will be a correction to further consolidate the 1200 point level." Looking at the opening, Gu Junhao pondered.
Looking at Wangsu Technology again, affected by yesterday's daily limit, it did not follow the ChiNext Index to open low today, but opened at 74 yuan, up 2.3%. However, during the call auction phase, the trading volume increased significantly.
"It opened too high, which is not good news. It looks like today is at most a surge. Such a large volume was released during the call auction. If the volume cannot keep up, it will at most surge to the pressure level and then fall."
At 9:30, both markets opened low and continued to fall. The small rebound of the ChiNext Index yesterday was swallowed up by a negative line. The index quickly fell from 1266.56 points at the opening stage. The funds bought at the end of yesterday's trading were almost wiped out.
Wangsu Technology opened higher today due to yesterday's daily limit, which attracted some bold intervention of funds. After a brief surge, the stock price reached a high of 75.50 yuan, but the trading volume was not large.
As he had already made a judgment before the market opened and the trend of the two markets was gloomy today, Gu Junhao decisively placed an order to clear out his position in Su Technology as the stock price surged. The final transaction price was 75.20 yuan.
There were more green stocks than red stocks in the two stock markets, and the market was in mourning. Wangsu Technology was no exception. At 9:45, the stock price quickly turned downward and began to adjust along with the stock index.
By ten o'clock, in just ten minutes, the stock price fell from a peak of nearly 5% to a flat line, and the ChiNext Index also fell to around 1,250 points, a drop of 1.81%.
" It looks like today is another day of big decline. After ten o'clock, the decline of the index has eased and Wangsu Technology has turned positive again, but Gu Junhao is not in a hurry to take it back."
It's very simple. Once the decline starts, it cannot be stopped without a sharp sell-off. Wangsu Technology opened too high today. If the funds were bought in yesterday's early trading, the current price return would be nearly 13%.
With the trend of the two markets today and such profits, these short-term funds will definitely continue to dump the market and lock in profits. Moreover, yesterday's Dragon and Tiger List showed that there were institutions fanning the flames in this process, and there is no guarantee that they will not continue today.
At 10:20, the ChiNext Index, which had been trading sideways, widened its decline again. By 10:30, it had fallen by as much as 1% in ten minutes. With such a drop in the index, individual stocks were even worse off, especially some stocks with inactive trading volumes, which could often fall by 3% or even more with a single order.
"It's too bad, a small rebound yesterday ended today?"
"Alas, my weak stock is flat when the market rebounds, and plummets when the market corrects. I've had enough."
"I thought the green was giving me a chance to buy at the bottom this morning, but I didn't expect it was a trick to trick me into buying."
"Don't leave, fellow."
"Look at Wangsu Technology, which hit the daily limit yesterday. It did not follow the decline of the ChiNext and is trading sideways at around 73.6 yuan. Do you want to buy at the bottom?"
"Oh, it's true. Is this what it means when the strong are stronger? I'm a little tempted. If the ChiNext falls, it won't fall. If the ChiNext rebounds, won't it hit the daily limit?"
"That makes sense. The price is not high now. It has only risen by less than 2%. I plan to buy 500 shares. If it reaches the daily limit, I will get more than 8% return, and I won't lose money today."
"That's right, let's go all in, someone on Taogu.com seems to think it will reach 100, let's go for it."
Seeing the chats of these people in the group, Gu Junhao also switched to the Wangsu Technology interface. At this moment, Wangsu Technology did not follow the ChiNext Index to expand its decline, but from the transaction details, there was no sign of funds maintaining the market. There were more small orders being sold, but from time to time there were some large orders of 500 or 1,000 lots being sold.
"This position is not safe yet. The ChiNext may fall further. Let's wait and see. There may be a lower price to buy it back."
At 10:15, after rebounding from 1241 points to 1250 points, the ChiNext Index chose to fall again and returned to the previous low.
By 11 o'clock, the index could no longer hold on and once again fell rapidly without giving any response. By 11:10, it hit a new intraday low, with the index at 1232.40 points.
At this time, Wangsu Technology finally stopped pretending, and the main force finally showed his fangs. Two sell orders of 10,000 lots quickly pushed down the stock price. The stock price quickly fell from above 73.6 yuan to 70 yuan, a drop of nearly 5%.
"That's about it. This kind of rapid decline will always have a rebound process. This position has reached the 10-day line. If it falls further, it will probably reach the 5-day line."
I acted decisively and bought all the shares, placing an order at 70.11 yuan. This time I can buy 6,300 shares.
With the price raised by 1 cent, Gu Junhao's 6,300 shares were quickly traded. At the moment of the transaction, the ChiNext Index began to rebound, and correspondingly, Wangsu Technology also received a large order of 10,000 shares.
Under the influence of a large buy order of 10,000 shares, the share price of Wangsu Technology quickly pulled back from 70 yuan to 71.38 yuan. At this time, large buy orders appeared on the market as usual, causing Wangsu Technology to quickly rebound to the red market price and appear at the top of the real-time increase list.
At the closing stage, Wangsu Technology closed at 72.50 yuan, a slight increase, but Gu Junhao's bottom-fishing funds had already made a profit of 3.4% at this moment.
"It's too violent. It seems that I copied it correctly again today." Gu Junhao said while looking at the K-line chart.
In the afternoon trading, the two markets did not see a strong rebound and remained in a low-level volatile market. Wangsu Technology also chose to turn downward after rising above the opening price during the session.
At the end of the day, the Shanghai Composite Index closed at 2141.61 points, down 0.87%. The ChiNext Index fell 2.96% to close at 1235.56 points, almost a big negative line with no shadow of a doubt. Wangsu Technology closed at 71.80 yuan.
"It looks like the 1,200 level will have to be breached. November looks like it's going to start off badly."
However, Gu Junhao's profit today was not affected by the index, and he still maintained an explosive rate of return with no retracement within the month. Including the profit from T, his profit today reached 6.5%, which is impressive.
At this point , after the end of this month, Gu Junhao's account funds showed as: Wangsu Technology, holding 6,300 shares, market value of 452,340 yuan, available funds: 3,637 yuan.
This month, Gu Junhao's return rate was close to 140%, which was a perfect ending that exceeded expectations.
