Volume 2: Storm Rising 2015 Chapter 197 The Four Stages of a Bull Market
The stock market in May has just begun. With the share price of the leading CRRC Corporation Limited plunging sharply and officially suspended for final merger and reorganization, it was as if a large bucket of cold water was poured on the entire hot stock market.
The A-share index started to plummet from the auspicious number of 4488.86 points. This drop continued for three consecutive days, and the A-share index fell all the way to around 4112 points.
The market fell sharply for three consecutive days, and most stocks followed the market's rhythm and completed a wave of pullback .
As a result of the three consecutive days of sharp decline, those who suffered the most were undoubtedly those who suffered the most during the May Day holiday, when people were misled by the many remarks that "you can get rich by speculating in stocks" and "entering the stock market now is no different from picking up money."
Then, as soon as the May Day holiday was over, they opened accounts with a large amount of hot money and rushed into the stock market, eager to "pick up money".
I didn't expect that there would be a three-day plunge right after the market started, which directly made a large number of leeks who rushed into the stock market with the stock speculation craze become confused and mentally unstable.
Didn't we say that we were here to pick up the money? Why did we just stand guard at a high position and buy the bottom at the "top of the mountain"?
At the same time, in many stock discussion areas and forums, there have been many arguments that are pessimistic about the stock market, and many people have said that 4488 points is the tipping point of this bull market.
Three consecutive days of pullback are enough to prove that the bull market is over. The next point is obviously the critical point from bull to bear. If you don’t clear your positions quickly to save your life, you may be buried alive.
Under the influence of many pessimistic and alarmist remarks about the stock market, many new investors who have just entered the market suddenly began to waver. Could what they said be true?
Going with the flow and swaying in the wind is one of the habits of leeks. In addition, the Internet has made information dissemination more convenient. It is not an easy task to learn to distinguish the interests among a lot of information.
Naturally, this learning process requires paying a lot of tuition fees. It is hard to say whether it is paid to the stock market or to some mentors who claim to be industry elites.
The stock market craze not only brought hot money to the market, but also allowed many people to take advantage of the situation and wait for opportunities to make money.
In this wave of general decline in the market with a sharp correction, even Zhou Dongsheng suffered "heavy losses."
After all, in a stock account with holdings worth over 100 million yuan, a single pullback would mean the evaporation of tens of millions in profits. Even though Zhou Dongsheng had profits of over nine figures, he could definitely handle it.
But looking at the ups and downs of my stock account with profits of more than tens of millions, it is still a bit exciting.
Zhou Dongsheng even felt like he was playing a simulated stock trading software, and his sensitivity to numbers was reduced a lot.
Otherwise, finance is always associated with the four words "debauchery and extravagance". Money comes as quickly as it is spent.
However, as the leading stocks exit the market and the broader market plunges, there is still one stock that goes against the trend and continues to set records, attracting the attention of the entire stock market.
That naturally means that Yaofeng Technology, which is sober and unconventional and has no intention of "going along with the crowd", is the one that has no intention of "going along with the crowd".
With 29 consecutive daily limit increases, the stock price soared from the issue price of 7.14 yuan to 148 yuan, which is a profit of nearly 2000% when rounded off!
If you win the lottery for new shares and can hold on to them until now, you would get nearly 20 times the profit. This terrifying rate of return and number are exciting news for any investor.
Perhaps it wanted to take over the baton from CRRC, the leader, and take advantage of the momentum to become the new leader and weathervane leading the entire A-share market. When the leader was suspended, Yaofeng Technology, which had been rising continuously, finally opened for trading for the first time.
Moreover, the stock price plunged and turned green right after the opening, seemingly affected by the general plunge in the market. It once fell to -4.91%. However, when the stock price was 140 yuan, it withstood the pressure and began to rise against the trend, going higher all the way!
After just less than half an hour of opening, the stock price once again hit the daily limit, completing its 30th daily limit. The evil wind does not stop and the legend continues.
The market index fell for three days, but Yaofeng Technology rose against the trend, hitting the daily limit for three days, setting a record of 32 boards.
Before the weekend, the stock price reached 189 yuan, just one step away from 200 yuan. Even the broader market stopped its three-day plunge, and the index turned positive and closed at 4205 points.
Even if there is no necessary connection between the two, but if someone is interested in connecting them, one can imagine how this kind of outrageous stock will be hyped up this weekend.
After all, the profit-seeking nature of capital will not take a break. Now that CRRC has been suspended from trading, it can just find another name to brag about. Anyway, as long as the story is well told, someone will always buy it.
For a company like Yaofeng Technology, which is full of enthusiasm, both the Internet concept and VR concept are the hottest concepts at the moment.
In addition to the support of capital, there are also many people who choose to bet on the company. The dealers and the investors are both optimistic and have formed a joint force with the same opinions, which has raised Yaofeng Technology to a height that does not belong to it.
For a time, the title of "new market leader" has been given to Yaofeng Technology. With the recommendation of market makers and investors, it has become the new boss in the stock market and a hot double-flower red stick.
In the small group of four, Zhou Dongsheng, who bet on being the "two-time leader", naturally could not avoid being praised by everyone. Even if it was luck, this luck was really too good.
Huang Haoze: Rounding it off, these one million shares are worth almost 200 million yuan. The pocket money that Dongsheng helps everyone earn is indeed a lot.
Chen Yuhang: This wave of stock speculation craze is really crazy. I can hear people discussing stock speculation in my restaurant every day.
Zhou Dongsheng: That illustrates a problem. The time to liquidate and run away is getting closer and closer. Retail investors are blind, but the market makers are not.
Principal Wang: Oh? You are not optimistic about the entire market now?
His tone was eager to try, as if he was ready to make another bet with Zhou Dongsheng. After all, losing a sports car was a small matter, but losing face was a big deal.
Zhou Dongsheng: After all, a bull market is divided into four stages: no one cares, making a fortune in silence, everyone knows about it, and everything is a mess. Now we have reached the third stage. Is it far from the fourth stage?
Huang Haoze: Damn, Dongsheng’s summary is really essential.
Principal Wang: ...Your summary is really simple and crude. However, this theory also has a nice name, called the "Cocktail Party Theory."
Zhou Dongsheng: It means the same thing. This final frenzy should be able to go higher. However, 5,000 points of the market is my psychological defense line. I will run away whether it reaches that point or not.
Chen Yuhang: This time ... I choose to listen to Dongsheng. There is no way I will fall again and again in the same place.
When talking about this, Zhou Dongsheng immediately became interested.
Zhou Dongsheng: Principal Wang, where is my sports car?
Principal Wang: Why rush? It should arrive this weekend. I can fly to Guangzhou and deliver it to you personally. Isn’t that thoughtful?
Zhou Dongsheng: Wow, great! Then I will just sit back and wait for you, looking forward to what sports car you will give me.
Huang Haoze: Brother Hang, where is my sports car? [Proud]
Chen Yuhang: ...Let’s bring it up with .
Huang Haoze: Thank you Brother Hang for the sports car, Brother Hang 666.
Chen Yuhang: Get out!
Huang Haoze also learned and applied what he learned immediately, just using some of Zhou Dongsheng's witty remarks. It was quite interesting.
