Chapter 143 Your Bear Market is Our Bull Market
Having just placed an order, Li Feng stared at his account and suddenly felt something was wrong.
Now in his account, Kweichow Moutai and Gree Air Conditioner are the stocks with the largest positions, accounting for more than 80% of his holdings.
Among the three stocks, one is the leading consumer stock, one is the leading home appliance stock, and one is the leading financial stock.
The configuration is very reasonable.
only…
"Oh, right!" Li Feng suddenly remembered that he had wanted to invest in Hong Kong real estate stocks a few months ago, but he was so focused on building a position in China Ping An that he forgot about it.
"This time, I have lost all the transaction fees in vain," Li Feng smiled bitterly. After thinking for a while, he opened the market software, did a risk test first, and then opened the Hong Kong Stock Connect.
Then, he called up the K-line chart of China Evergrande and saw that it had been fluctuating around 5 yuan since last year. As a sales champion with annual sales of more than 300 billion yuan, its expected profit should be more than 20 billion yuan. In fact, its PE is less than one times!
Outrageously cheap.
However, the Hong Kong stock market is an unfamiliar market. There is no price limit system, nor so many retail investors. There are only countless financial derivatives, countless fraudulent stocks and countless financial giants.
There, there are not only many sickles, but also very sharp. Harvesting leeks is fast and fierce, and the efficiency is extremely high.
When investing in A-shares, if you make a mistake, you may lose your chips to retail investors who have made bigger mistakes. In the haunted place of Hong Kong stocks, there are so many ghost stories. Once you make a mistake, it will happen all the way to the bottom. You can drop 90% in one day, and two days later, it can drop another 90%.
Even though Li Feng had already determined that destocking in third- and fourth-tier cities would directly drive up housing prices and would directly benefit China Evergrande, which mainly operates in third- and fourth-tier cities, and that China Evergrande's stock price was also low, he did not dare to move his main positions there.
Because, in the investment market, risk control is extremely important. One failure may seriously damage your vitality, and two failures may make you directly eliminated and exit the market.
Li Feng hesitated again and again, and only dared to reduce his holdings of Gree Electric Appliances by 150,000 yuan and replaced it with China Evergrande.
Almost at the same time.
Xiao Bo was still staring at the computer monitor, refreshing it constantly.
However, no matter how he refreshed the chart, Storm Technology was still hovering around 46 yuan, and no miracle happened. He then opened the K-line chart of Ping An of China, and it was also hovering around 35.5 yuan.
Should I change it?
He put down the mouse, picked it up again, picked it up again, and put it down again, unable to make a decision.
Let's wait a few more days, observe and study it further.
However, in the next few days, the trend of Storm Technology was a bit uncomfortable. It slid from 46 yuan to 45 yuan with shrinking volume, as if something extremely dangerous was waiting for it ahead.
Monday, January 16, 2017.
Storm Technology opened at 45.2 yuan, seemingly normal. However, within seven minutes, tens of thousands of sell orders were placed continuously, with large volume, directly dropping Storm Technology's price to -3.66%, or 43.44 yuan.
"Are you going to crash the market? Hold on!"
Xiao Bo stared at the computer monitor, clenched his fists, and encouraged himself secretly in his heart.
At this time, a wave of small buy orders came in, and after three small waves, the stock price was pushed back to 44.88 yuan, -0.47%, and it seemed that it was about to close in the red.
Xiao Bo breathed a sigh of relief and thought to himself, "It was a close call, but nothing serious. It must have been an illusion, just a small fluctuation."
But at this moment, for some unknown reason, Baofeng Technology was on a slide, and slowly and unknowingly slid to the -4% position along a 30-degree slope.
"What's going on?" Xiao Bo stared at the market, muttering to himself, "The selling orders are all small, and the buying orders are all large, but why does it keep falling?"
“Who is actually shipping the goods?”
He refreshed the page vigorously, and several new posts popped up on the Storm Technology stock discussion page.
"Run! The main force is about to be shipped!"
"It's over! The ChiNext has collapsed! Run fast, brothers! If you run too slowly, you'll be buried!"
"You're a piece of trash with no performance. If you knew this day would come, and you haven't run away yet, you're either stupid or foolish!"
Looking at these bearish posts, Xiao Bo couldn't help but feel angry. He pulled over the keyboard and was about to reply in rebuttal, but after typing a few words, he couldn't type any more.
Because he discovered that within the past minute, Storm Technology had suddenly received tens of thousands of large sell orders, which directly plunged the stock price to the floor, -8.63%! 41.2 yuan!
It fell by 4 yuan compared to the opening price!
I had 150,000 yuan in the stock market before, but in just one minute, I lost more than 10,000 yuan! Even if my father-in-law's family is rich, they can't withstand such a loss!
"Damn dealer!"
Xiao Bo cursed.
Not satisfied after scolding him, Xiao Bo punched the table so hard that it shook the ground. Then he picked up the keyboard and mouse and started scolding the empty dogs who had just posted.
But at this time, the morning session had already closed.
Xiao Bo cooked a bag of instant noodles, made a poached egg, then took the bowl and chopsticks and placed them on the computer desk. He ate while studying and waiting for the market to open.
"There are too many large outflows, but this could also be a trick by the main force. The decline is quite large, and the decline of the ChiNext is also not small. A large amount of capital has been released. With this big negative line, not only Baofeng Technology has broken through, but also the ChiNext. The market outlook is not optimistic..."
I was eating and thinking, and before I knew it, lunch was about to start.
Sure enough, Storm Technology was hit by the limit down at the opening, and it did not rise slightly until the end of the trading day, and finally closed at -9.51%, 40.8 yuan.
Looking at this large negative line with large volume, Xiao Bo's hands were shaking and he felt very worried.
He sighed and opened the K-line chart of Ping An of China. When he saw it, he felt regretful and uncomfortable.
China Ping An released a huge amount of stock, drew a big positive line of 1.77%, and closed at 36.19 yuan.
If I had switched to Ping An of China earlier, not only would I not have lost money, I would have made several points.
Do you want to change it? Do you want to change it?
Xiao Bo began to have a struggle in his mind. He looked at the K-line chart of the Shanghai Composite Index and saw that the volume was huge that day and the silver needle had hit the bottom.
"Or... let's try changing half of it tomorrow!" Xiao Bo was still hesitant.
He looked out the window in confusion, like a wild animal trapped in a cage, not knowing where to go.
In the trading room, Li Feng looked at the ChiNext Index, which was falling continuously. In particular, the fund-holding stocks and leading stocks that were strong in the early stage, such as Storm Technology, LeTV, and Oriental Fortune, were falling sharply one after another, as if they had taken laxatives.
Looking at my own holdings, Gree Electric Appliances, Kweichow Moutai, and Ping An Insurance of China not only did not fall, but even rose a lot.
This huge contrast made him sigh: "Your bear market is our bull market."
————
Move your lucky hands and send a wow for free for love.
Your support is my motivation to update
Continue read on readnovelmtl.com