Chapter 89 Black Monday
Gu Junhao, who reviewed the morning trend at the midday closing, was a little stunned. The 2000-point defense battle he predicted in the morning turned out to be correct. Both markets fell sharply today. The index opened low and continued to fall in the morning.
The Shanghai Composite Index closed at 2011.43 points at noon, down more than 1%, and only 11.43 points away from the 2000-point integer mark; the ChiNext Index was not much better, also opened low and fell throughout the day, closing at 1267.55 points at noon, also down more than 1%.
"Too tragic, this is a good time to buy at the bottom." The index has already fallen to around 2,000 points. There is nothing to be afraid of. Unfortunately, apart from Maotai Group and Ningbo Bank, there are no stocks I want to buy in my own self-selected pools of the Shanghai and Shenzhen stock markets.
Today, both stocks followed the market and continued to fall. In terms of trend, Maotai Group has broken through, and Yongcheng Bank has also fallen below various moving averages. Although the current prices of these two stocks are extremely cheap in Gu Junhao's view, Maotai Group's current share price is just over 160 yuan, and Yongcheng Bank has also fallen below 9 yuan.
However, both of them are already breaking trends, so there must be a lower price to buy in, and Maotai Group and Yongcheng Bank will distribute dividends at the end of June and July this year respectively. It is not appropriate to enter now. It is relatively more appropriate to enter after the dividends are distributed.
However, these two are long-term targets. Considering that if you buy all of these two stocks, the rate of return in the 2015 bull market will be relatively average, the gains of these two stocks in the 2015 bull market were not very large, so even if you buy them, you cannot have a heavy position.
After reviewing the market conditions of the two markets, Gu Junhao saw Guanghui Energy again. There was no way he could not see it. It was hard not to see it. Guanghui Energy closed down 8.4% at noon, ranking at the top of the decline list of the two markets. It was hard not to see it.
Taking a look at Guanghui Energy's intraday chart, Guanghui Energy opened low in the morning and fluctuated for only ten minutes before a huge amount of funds dumped the stock price, which directly hit the limit price. However, there were some bargain-hunting funds afterwards, but the increase was not large, only recovering from the limit price to -8.4%.
"It hit the limit down with large volume, and rebounded with small volume. It should return to the limit down in the afternoon. There is no hope today." Gu Junhao judged after looking at the trend of Guanghui Energy.
Although the index fell sharply today, the fluctuations in individual stocks were not that large. For example, Dongfang Wealth rose by nearly 1%. This also shows that this is a panic selling process . Smart funds will still buy the chips they want at this position.
Gu Junhao also planned to pay close attention to Dongfang Wealth in the afternoon . The ChiNext Index closed down nearly 1% at noon today, but he was able to go against the index and rise by more than 1%.
"Hey, now I think about it, is this the reason why Dafu Technology dumped the market?" After reviewing the market for a while, Gu Junhao suddenly thought of this. The decline of individual stocks on the market was not much, and even most of the stocks closed in the green. However, Dafu Technology, which had always gone against the market, started to dump the market after eleven o'clock.
You should know that when the index fell in the past, Dafu Technology always went against the market and rose. Today, it actually followed the index and plunged at noon. Does this also mean that its trend is about to change?
From this point of view, although it is not very comprehensive, it is still an idea. If the main funds want to sell, they must change their trading methods in a certain period of time. Otherwise, the market has figured out your trading methods, so how can you sell?
Take a good look at Dongfang Wealth at the afternoon closing. By the way, since I have cleared my position, I will update the post during the lunch break. I no longer plan to take back Dafu Technology, so I don’t need to worry about so much.
Gu Junhao posted today's delivery note and a screenshot of his current account data in his Taoguba post, which can be regarded as a phased summary of his posting career on Taoguba in the past six months.
"I cleared out my Dafu Technology position this morning and have no plans to buy it back. The current account value is 0, and the available funds are 13.328 million yuan. Not counting the 190,000 yuan I put in during last year's National Day holiday, the total return is 70 times. Not bad, right?"
“In addition, this is the last time I will announce my holdings. I may continue to post in the future, but I will no longer announce specific holdings. I will announce them in the form of a net asset value curve.”
"Also, we should launch private equity funds in the future. I passed the fund practitioner qualification exam last year. Friends who are interested can send me a private message to discuss the details. Finally, thank you all for your company over the past six months, and thank my more than 80,000 fans. I wish you all a smooth investment journey with both volume and price growth."
Gu Junhao now has more than 80,000 fans and is no longer the unknown person he was half a year ago. After posting several messages, Gu Junhao couldn't help but feel a little emotional.
I have been hanging around Taogu Bar for the past six months. Although so far I have only gained more than 80,000 virtual fans and praise from bar friends, and have not received any concrete actual benefits, I have been able to bring more benefits to others in some way.
But it is precisely these fame and fans, as well as the traffic from the current post popularity, that are needed. These are all likely to be converted into concrete benefits, which are far greater than the benefits given out by oneself.
Of course, it is possible that nothing else can happen to Gu Junhao, and it is not impossible that he will get into trouble because of it, but investment has risks, just like buying stocks. Risks are definitely involved.
After posting, Gu Junhao did not wait for a reply. After clearing his positions, he seemed a little relaxed. He also had a good sleep at noon. When he woke up in the afternoon, he continued to watch the market and trade with a refreshed mind.
Since I have no plan to take back Dafu Technology, there is no need to look at it again in the afternoon. The stock price has reached the price near my predetermined level and I have cleared all my positions. The selling price is also relatively good. Regardless of whether I did the right thing or not, I should not have taken it back within the day.
Dafu Technology's initial investment was 4 million yuan, and it was as high as 13.328 million yuan when it was liquidated, with a net profit of 9.328 million yuan, all in just about a month and a half. It can be said to be a huge profit. If Dafu Technology still had a Dragon and Tiger List today, I don't know if it would be able to make it again.
Especially in the past one and a half months, the corresponding ChiNext Index has been on a unilateral downward trend, making such huge profits even more rare.
At one o'clock, the two markets began afternoon trading. The index was still in a unilateral downward pattern. Considering the sharp drop on the performance announcement day of Dongfang Wealth, Dongfang Wealth rose against the market trend today. In the afternoon, Gu Junhao decided to carefully observe the trend of Dongfang Wealth.
Dongfang Fortune rebounded from the low of 16.87 yuan in the morning, with a slightly smaller volume than yesterday, but there were also many large orders of thousands of lots on the buying side.
"It looks like there is a short-term support at the 17 yuan level. It shouldn't fall below that level too quickly." On Friday, there were large buy orders near the 17 yuan level. In the afternoon, Gu Junhao will focus on whether this price level will fall below that level.
