The author is an old stock market investor with 17 years of experience, writing this novel in their spare time. I have personally experienced the super bull market of 2005-2007, the major bull mark...
Chapter 13: The hidden rule of the stock market: integers must be broken
“Squeak—”
The door opened.
Li Feng walked Song Dongpeng out, saw Zhao Xinyue, and winked at her from a distance.
Zhao Xinyue felt relieved instantly.
"Thank you, brother!" Li Feng patted Yao Jiu's shoulder.
"I should thank you more, brother." Yao Jiu said with emotion.
The two exchanged pleasantries and went downstairs.
"See you some other time."
Yao Jiu got into a taxi.
"See you another day." Li Feng also stopped a taxi and pulled Zhao Xinyue in.
Zhao Xinyue was still a little worried. She grabbed Li Feng's left wrist, concentrated her mind, and felt his pulse.
Well, jumping rhythmically.
She breathed a sigh of relief.
"Huh... continue tonight?"
Li Feng secretly blew a breath into Zhao Xinyue's ear, making her face blush.
"snort!"
Zhao Xinyue's face tightened, and she pinched Li Feng's arm hard, saying, "You still want to do that after drinking? Aren't you afraid of death?"
"No."
"You're not afraid, but I am! Get your body in shape first."
"Well--"
The taxi driver held back his laughter and took the two back to the hospital.
Li Feng went into the house, drank a large bowl of boiled water, and fell asleep.
Zhao Xinyue waited until he fell asleep, gently covered him with a quilt, and then went to sleep on the sofa in the living room.
But I just couldn't fall asleep.
She was worried that something might happen to Li Feng while he was sleeping, and then she thought of the embarrassing scene before, and before she knew it, it was dawn.
"Have a meal!"
Zhao Xinyue yawned and brought out two bowls of noodles from the kitchen.
"Didn't you sleep well?" Li Feng asked while changing clothes.
"You snore and I can't sleep well."
"Oh...what day is it today? I found a part-time job yesterday and I have to write a stock review every week." Li Feng just picked up the chopsticks, then put them down to look for his mobile phone.
"September 7th, Friday, what job?"
Zhao Xinyue glanced at her phone and asked in surprise.
"The manuscript is due on Friday and will be published in the financial section of City B's Metropolitan Newspaper on Monday. 300 yuan for an 800-word article," Li Feng explained, picking up his chopsticks again.
"It was finalized at the dinner table yesterday. Do you think it was worth it?"
"It's worth it, really worth it. Three hundred yuan a week, that's 1,200 yuan a month, which is almost half a month's salary for me." Zhao Xinyue's eyes turned into crescent moons again.
She pondered and asked, "Is it easy to write?"
"It's easy to write, it's easy to write. I haven't picked up a pen in three years, and my stomach is about to burst from all the ink," Li Feng said after taking a mouthful of noodles and thinking for a moment. "I'll start writing after dinner. I can finish the draft in an hour, and I guarantee it'll be up to standard."
"What to write?" Zhao Xinyue asked with blinking eyes.
"I've already decided on a title: 'The Shanghai Composite Index Will Break 2000 Points!' As for my pen name, I'll call it 'Ten-Year Stock Market Veteran.'"
The title is quite horrifying.
"Well--"
Zhao Xinyue almost choked and advised:
"It's fine if you made a bet with Lin Menghan, but you also published it in the newspaper? You said it so absolutely, what if it doesn't break? It's better to write it vaguely."
"I see those stock reviews online are all about maybe, perhaps, probably, and will. You can write like that, too."
Li Feng smiled and said, "After all, you haven't entered the industry yet. Have you heard of 'integers must be broken'?"
"No, I just heard that the gaps must be filled." Zhao Xinyue told the truth.
Li Feng moved the dishes aside, picked up his laptop, opened it, pointed at the K-line chart of the market, and analyzed:
"Look, the market plummeted from over 3,000 points all the way down to 2,100 points, and just rebounded to over 2,400 points. It's another 45-degree decline for several months. Now the lowest point has reached 2018 points, and it's only a thin layer of window paper away from 2,000 points."
"Many stock investors are unwilling to admit this, and don't want to acknowledge it, because they are afraid."
"But the stock market is unstoppable and this crucial 2,000-point level must be broken!"
Zhao Xinyue thought about it, still a little skeptical: "Are you... so sure?"
Li Feng closed his laptop and continued to explain:
"If the stock market is to go bearish, breaking 2000 points is a must; if the stock market is to go bullish, then breaking 2000 points is also necessary. Only in this way can the psychological defenses of investors be completely broken, and the main players can grab the chips with blood on them."
"This, this is too cruel." Zhao Xinyue still had some doubts.
Li Feng shook his head and said, "The stock market doesn't believe in tears. The stock market is about whose knife is faster and whose heart is more cruel."
Zhao Xinyue had a thoughtful expression on her face.
Li Feng continued, "Integers are bound to be broken. This can be used not only to monitor the index, but also to guide individual stock trading. Often, when a stock skyrockets, it will inevitably break through a key integer price level that is within easy reach. Conversely, the same is true when it plummets."
Zhao Xinyue thought about it for a while, but still found it difficult to understand.
So he simply moved the bowl and chopsticks back in front of Li Feng and said, "Eat first. Only when you are full can you have the energy to write the manuscript."
"That's the truth."
Li Feng picked up his chopsticks and started thinking about the manuscript while eating.
After finishing his meal, he opened his laptop again, and following his previous thoughts, his fingers flew, and he finished an 800-word manuscript in one go.
After proofreading it twice, he sent it with one click.
Looking at the clock on the wall, it was only 8 o'clock.
It’s still early before 9:30.
Li Feng browsed the information on the Internet for a while, and suddenly felt dizzy, so he went straight back to the room and planned to take a nap.
However, I didn't expect that several hours would pass in this blink of an eye.
Time never stops, and stocks never stop.
The stock market is in turmoil at this moment.
A big bullish candlestick appeared out of nowhere, releasing a huge surge in volume, causing the Shanghai Composite Index to open high and close high, breaking through 2100 points and closing at 2127 points, an increase of 3.7% for the whole day!
The total transaction volume for the day was 111.1 billion yuan, breaking through the 5-day line, 10-day line, and 30-day line, and reaching near the 60-day moving average.
During the trading session, many sectors such as finance, nonferrous metals, coal and cement showed strong performance, and dozens of stocks hit the daily limit!
The stock investors were excited.
There was singing and dancing in the stock forum.
"Big Miracle Day!"
A hot post was pinned to the top of the Colorful Forum.
The Colorful Forum is a comprehensive forum where top individual investors, speculators and valuable investors emerge in large numbers.
"One yang line penetrates three lines, MACD turns purple, and a mid-level rebound is imminent."
"Recently, the trading volume has reached a huge level, and the main force is actively attacking. Brothers, charge!"
"Buy the dip, buy the dip, buy the dip, important things should be said three times!"
…
One yang changes three perspectives.
The same is true for other forums.
Zhao Xinyue browsed through the posts and thought about the article Li Feng had just written. She felt worried, but she was reluctant to wake him up.
In a blink of an eye, it was afternoon.
Song Dongpeng received this email as soon as he turned on his computer.
"this--"
Seeing the title, he frowned deeply.
"What's wrong?"
Next to him, another editor, Huo Yingjie, looked over.
Seeing this headline, he couldn't help but blurt out: "How is this possible? Didn't he check today's market?"
"I didn't read it," Huo Yingjie commented after seeing the email time.
"Today's trading volume is 111.1 billion, a big bullish candlestick. It's obvious that funds are entering the market to support the market. It's a bit inappropriate to write it this way."
"Newbie submitting?"
Song Dongpeng shook his head and said, "Old stock investor."
"This veteran stock investor is a bit arrogant. He wants to break the iron bottom of 2000 points."
Huo Yingjie said, "You have to remember that in 2011, the index only fell to 2132 points from the beginning of the year to the end of the year. Another year has passed, and after a year of hard work, the index has fallen no further."
"Just delete it, it's worthless," he concluded.
"I'll go find the editor-in-chief." Song Dongpeng thought for a moment, printed out the manuscript, and took it to the editor-in-chief's office on the fourth floor.
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I would like to use this chapter to commemorate the former Minfa Forum and the Colorful Forum. When I read Mr. Dan Weijun's "Ten Years in a Dream" back then, I was still confused. But now I still benefit a lot from reading it again, especially the conclusions on technical analysis, which are still valid even after more than ten years.
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