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 145 White Horse, Rush
Suddenly, more than half a month passed.
The market is moving slowly but steadily in the dark.
Wednesday, April 26, 2017.
Ping An of China suddenly broke out a huge volume of 6.011 billion yuan, drawing a 2.82% positive line, breaking through the platform that had been adjusted for more than half a year in one fell swoop.
Real breakthrough? Or false breakthrough?
Did the performance exceed expectations? Or was there insider information?
Many people looked at this big bullish candlestick, feeling confused and guessing constantly.
While many people were still hesitating, Ping An of China only adjusted slightly for eight days. On May 10, it released another 4.87% large-volume bullish candlestick, breaking through 30 yuan and closing at 31.32 yuan.
"It's a real breakthrough!"
Xiao Bo stared at Ping An of China's graceful rising posture, slapped his thigh suddenly, and his heart was broken with regret.
Should I chase her now?
If you chase it, will you chase it too high? If you chase it, you will have to sell your losses on Baofeng Technology.
Alas, this disappointing Storm Technology has been falling all the way from March to April, and from April to May. It has fallen from more than 40 yuan to 28 yuan in one breath, along a standard 45-degree angle.
If I were to sell my shares now, it would be too painful. I would lose at least 30%, nearly 50,000 yuan!
If this is the case, then these floating losses will directly become real losses!
He felt a little distressed and reluctant.
But just as he was hesitating, Ping An of China seemed to have eaten gunpowder and changed its usual clumsy and bloated image, as if it had become a young man in his twenties.
With a few jumps, he first climbed to the top of the 32 yuan hill, then climbed to the 35 yuan high point, taking a standard 45-degree ascent. After a short rest, he slowly and firmly climbed to the 40 yuan high point, and finally conquered the 45 yuan peak in one fell swoop!
Almost to everyone's surprise, the clumsy elephant, China Ping An with a market value of hundreds of billions, soared 53% in just three months!
Xiao Bo was stunned by the astonishing scene.
Then look back at Storm Technology, which I still hold.
In the past few months, Storm Technology has been declining, from 28 yuan to 25 yuan unknowingly. After the ex-rights, it plummeted again and broke through 20 yuan, falling to 19.42 yuan!
"Why didn't you buy Ping An of China in the first place?!"
Xiao Bo twisted his thigh hard, leaving a bruise, but he didn't feel anything.
If I had chosen Ping An of China, I would have earned at least 70,000 or 80,000 yuan, or even more. However, I chose Baofeng Technology. Not only did I not make any money, I lost 15%!
The capital account has been cut in half!
The difference between this amount and the other is over 100,000 yuan!
When Xiao Bo thought of this, he felt a piercing pain in his heart. The pain was endless and he regretted it endlessly. This regret and pain had been intermittent and had lasted for two or three months.
In the past few days, it has become more serious. He is so anxious that he can't sleep well at night, has no appetite for meals, and keeps having acid reflux. He went to see a doctor and got several doses of medicine, but it didn't help at all.
My health is getting worse and worse, and my spirit is getting worse and worse.
In the stock market, the most painful thing is not that your stocks plummet or fall sharply, and you are eventually trapped.
Instead, when faced with a choice between the two, I let the big bull stock slip away, and it continued to rise sharply again and again, while the stock I chose kept plummeting!
The Xiaobos in the stock market are still regretting.
The elephants began to dance.
On May 12, China Merchants Bank also released a huge amount of 2.442 billion yuan, soaring 5.61%. After that, in just three days, it rose all the way and directly broke through 15 yuan, and then broke through 16 yuan, and continued to climb, breaking through 18 yuan on May 25, breaking through 20 yuan on July 12, and finally breaking through 22 yuan on August 25!
In more than three months, this elephant has also risen by 47%!
Not only that, Gree Electric Appliances has also risen from 25 yuan before the New Year to 41 yuan, a 64% increase; Kweichow Moutai has also been climbing, from 320 yuan before the New Year to 500 yuan! A 56% increase!
There are also Midea Group and Wuliangye...
Now, these former blue-chip stocks have changed into a beautiful name, called "white horse stocks", and are soaring all the way, never looking back!
Crazy funds began to flow into blue-chip stocks and, like a pump, quickly drained the funds from the ChiNext.
28 style, ultimate transformation.
The ChiNext Index plummeted from over 1,900 points to 1,641 points on July 18, a drop of nearly 16%!
During the same period, the Shanghai Composite Index rose from over 3,000 points to over 3,300 points, an increase of 10%!
The surge in the Shanghai Composite Index and the continuous decline in the ChiNext Index instantly ignited all stock forums, with hot posts constantly being pushed to the top.
"28 split, blue chip stocks are surging, the Shanghai Composite Index is sucking blood from the ChiNext, brothers, run!"
"The elephants danced wildly, and a stampede occurred on the ChiNext board."
"Ride on the white horse and ride away! Brothers, buy funds, don't buy stocks!"
The value group arrived first and got a big bite of meat. The technical group and the trend group arrived later and drank a sip of hot soup. At this time, the news group and the leek group rushed in.
The forum was filled with singing and laughter, creating a prosperous scene.
When Zhao Xinyue saw this scene, she couldn't help but think of the scene before the stock market crash in 2015. She looked at Li Feng worriedly and said, "This is too crazy. Is this the top?"
Li Feng looked at Zhao Xinyue with a hint of admiration in his eyes.
New investors are afraid of falling prices, while old investors are afraid of high prices.
Although Zhao Xinyue has a lively personality and sensitive thinking, which makes her not very suitable for stock trading, she has experienced the big bear market in 2015 and has unknowingly become an old stock investor. She also knows to be afraid of "highs".
The scariest time for the market is not when it is declining or plummeting, but when it keeps hitting new highs.
Because when the market is very bad, very pessimistic, very hopeless, and constantly plummeting and falling, stock investors are very afraid and dare not take large positions, and the losses are not that big;
However, when the market is good and hot, and there is a huge money-making effect, investors will rush in frantically, and will continue to increase their investment and leverage, and they cannot be stopped. At this time, once the market changes, it will lead to huge losses.
Just like in 2015, after two rounds of stock market crashes, countless investors suffered losses and decades of savings were wiped out.
Looking at this extremely polarized market, Li Feng analyzed seriously:
"Needless to say, these soaring blue-chip stocks are definitely the work of institutions. Look at those plummeting GEM stocks, especially the leading stocks, which were once the apple of the eye of institutions."
"However, times have changed. With the advent of financial and real estate cycles, institutions have become more interested in new things and are beginning to dislike the old. They have openly shifted their holdings from the ChiNext to blue-chip stocks."
"When institutions collectively form a group, there's a very clear sign of a peak: the issuance of a large number of thematic funds, the emergence of day-trading funds, and funds that are shams but don't sell..."
"Hee—" Zhao Xinyue couldn't help laughing and asked, "What is a sheep's head dog meat fund?"
Li Feng also smiled and said, "It's very simple. For example, it's called the Belt and Road Fund, but it's heavily invested in liquor stocks. It's called the Internet Concept Fund, but it's heavily invested in real estate stocks... This is what I call a dog-meat fund under the guise of sheep."
"Then should we continue waiting?" Zhao Xinyue asked.
"Wait." Li Feng replied.
“How boring.”
"Investing is boring," Li Feng said with emotion. "Most of the time is spent waiting. Of the more than 200 trading days a year, most of them are garbage time, with small ups and downs, but you can't be absent."
"Because it only takes a dozen or even a few trading days for it to really rise. You don't know when it will rise, so you have to wait all the time, just like Ping An of China. We established a position around the end of last year and waited for more than four months before it rose. For example, we established a position in Kweichow Moutai the year before last and also waited for several months. This is still a short wait. Sometimes, you have to wait even longer, a year or even two years."
"Aren't you afraid that you won't be able to wait?" Zhao Xinyue was a little bored and started to argue again.
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