Chapter 1020 [Continuous killings, mental imbalance]
It’s Friday, June 19th.
On the last trading day of this week, the two cities opened lower and then fluctuated all the way down. The daily time-sharing line of the Shanghai Stock Exchange Index formed a five-segment main down wave pattern, that is, one segment fell, the second segment rebounded, the third segment fell again, and the fourth segment fell again. Rebound, then fall again in five stages.
During the period, it fell to a new low, but rebounded but did not reach a new high. The overall trend was that it continued to decline.
The two intraday rebounds were both bottom-buying behaviors by retail investors, but they found that they couldn't do it at all. Selling pressure came like a flood, and they couldn't finish the chips.
The Shanghai Composite Index also broke through 4700 points, 4600 points and 4500 points in succession. By the end of the day, the Shanghai Composite Index had a barefoot negative line. The closing price was almost the lowest price of the day. It plummeted -6.42% after the market closed at 4478.36 points.
Today finally ushered in the first plunge since the current market peaked at 5178 points. It was also beyond the expectations of most people. I never expected that the plunge would be so severe today. More than 970 stocks in the two cities fell below the limit, almost Thousand shares fell to the limit.
At this time, market panic began to spread.
Because the market index has a big negative line today, the upward trend has gone bad.
Many stocks have fallen terribly today, including the Galaxy concept stocks. It is extremely rare that a collective limit-down occurred today.
Quantitative capital fell by the limit, the stock price closed at 721.27 yuan, and the market value fell back to 1,008.3 billion; WeChat, a sub-new stock, fell by the limit, the stock price closed at 33.99 yuan, and the market value fell back to 747.7 billion; Today's Toutiao fell by the limit, the stock price closed at 132.89 yuan, and the market value fell back to 166.1 billion.
Jian hit one lower limit again today and hit two lower limits on Toutiao. He already has 470,000 yuan in funds left.
In fact, if Jian left in the morning, he wouldn't hit another limit, because the headlines didn't hit the limit.
This is the result of Fang Hong's special instructions to the major market-making institutions. Although he does not want to be a grudge to protect the market in the explosive stage of the market, he can ask the stocks of Galaxy to sell down or hit the limit, or even even the board. It can go down to the limit, but you can't sell with a one-word limit down situation.
In order to prevent those investors who were involved in the Galaxy concept stocks from being suffocated and have a window of opportunity to flee every day, Fang Hong could only do this. After all, he did not let Galaxy Capital indiscriminately harvest investors in his own field. , not even allowing several major market makers to cash in on high-profile investors.
This is already a great mercy. Looking at the entire mainland capital market, we can't find another person like this.
…
The time comes to Tuesday, June 23, the three-day Dragon Boat Festival holiday is over, and the A-share market has opened again.
The two markets opened flat in the morning, rising by more than 1 percentage point in the first half hour, but then plunged sharply, triggering market panic and stampede. The market index also plummeted, breaking through 4,400 points and 4,300 points one after another.
At around 11:20, the Shanghai Composite Index fell as low as 4,264 points, plummeting more than -4.80%, and the two cities were wailing.
Galaxy concept stocks also fell across the board and once again staged a limit-down trend. Popular leader Toutiao dropped by the limit three times in a row, WeChat, a sub-new stock, also dropped by the limit. Quantitative capital also fell by the limit, and its market capitalization mark of one trillion was broken down due to this...
But at this moment, Jian was exhausted mentally and physically. He intervened in Toutiao with a full position in three days and hit three lower limits again. He resisted for a whole day yesterday, but today he really couldn't bear it anymore, and he had about 420,000 remaining funds in his account.
In just 6 trading days, his account suffered a loss of 67%, a loss of more than 870 million, and all the income earned from the wealth fund was lost.
Mentally exhausted, Jian tremblingly clicked the mouse to place an order and wait in line to sell. Now he was filled with regret, and a thought kept flashing in his mind. If he had redeemed the wealth fund half a month ago and stopped, it would be a perfect escape. Avoid this plunge.
Jian wailed regretfully: "I hate it——!"
With his backhand, he slapped himself with a big hand without mercy, but even if he gave himself another big hand, it would not help. This world gives people the opportunity to regret, but there is no regret medicine.
Jian looked at the remaining 420,000 funds in his account and laughed at himself. After being severely beaten by the market, he really couldn't think of a way to make his account profitable again.
From a loss of 1.29 million to the current 420,000, the cumulative loss rate is -67%, but if you want to get back the original loss, you can’t just increase the amount by +67%. Returning from 420,000 to 1.29 million means an increase of +207%, which means you have to turn over. About 2 times will do.
Now let alone asking him to double the return rate, even asking him to achieve a +67% return is even harder than reaching the sky.
Jian, who was slumped in front of the computer, got up, turned off the computer and went out to have lunch.
At around 11:22, when Jian was out, the market index also began to bottom out.
By the morning market close at 11:30, the Shanghai Stock Index had recovered 4,300 points, and its decline narrowed to -2.44%. At the same time, Galaxy concept stocks also began to rebound. Among them, Toutiao succeeded in the market and narrowed its decline to -2.44% during the morning market close. -4.92% water level.
After Jian finished lunch, he went to take a lunch break, so it was okay not to look at this plate of noodles.
As the market opened in the afternoon, Jian, who was sleeping, did not realize that the market index staged a super deep V rebound in the afternoon. It turned red less than half an hour after the market opened in the afternoon. It continued to rebound in the last half hour and broke through the previous high of the day. rose by more than 2 percentage points.
The market index surged 6.8% up and down. The strong big V Tianlong in the afternoon successfully lured people who had shipped early into the market. They felt that the market had fallen deeply enough, almost falling by thousands of points. It was time to buy the bottom. The index The "golden needle bottoming out" shape of this super long lower shadow has really deceived many people into entering.
When the A-share market staged a vigorous rebound in the afternoon, Toutiao, the leader of the two cities, shot to the top of the popularity list in the afternoon because the stock price dropped from the limit price of 119.60 yuan at around 14:43 in late trading. It reached the daily limit of 146.18 points and staged a floor-to-ceiling market trend.
As of the close, the Shanghai Stock Index rebounded 98 points, closing up +2.19% at 4576.49 points.
Concept stocks in various galaxies have also experienced oversold rebounds. Today’s headlines staged a huge boom. Quantitative capital rose by +6.95% from the bottom to the close, returning to the trillion-dollar market capitalization mark. WeChat, a sub-new stock, also fell from the bottom to the bottom. Up +4.65% at the close...
…
Not long after the market closed, Jian woke up after sleeping until the afternoon, and he couldn't help but think of the stock market.
So Jian turned on the computer and took a look, then opened the market software to log in to his stock account, and then looked at the time-sharing chart of Toutiao stock.
At this moment, Jian's eyes widened. He saw an "S (sell)" sign displayed on his time-sharing chart's lower limit price, and then looked at the time-sharing trend, which fluctuated and rose from the afternoon seesaw. The two three-section wave lines rushed to the daily limit and went out of the floor.
Jian's eyelids twitched wildly. After a moment, he was as generous as a volcano erupting: "I @￥* # ￥\u0026*#@\u0026*#@..."
He angrily picked up the keyboard and smashed it wildly, causing cracks in the computer screen. It could still run, but some areas were already flashing blue screens.
…
Wednesday, June 24th.
Today, the two cities opened higher and moved higher, continuing their rebound.
Galaxy concept stocks collectively took off today, with all 22 stocks hitting their daily limits.
"Come on, you idiot, you have the guts to hit me three more times. If you have the ability, you can kill the whole world. Come on!" At this time, Jian stared at the screen that he smashed yesterday and roared. Just now, Toutiao has rebounded twice in a row.
And Jian used the remaining funds to hit Toutiao again. Now he has completely lost his mind. It can't be regarded as gambling or gambling, but a complete failure.
By the close of trading, Toutiao had firmly sealed the second consecutive board, but Jian was not happy at all.
The market index rose sharply by 113 points today, or +2.48%, and ended in positive territory, closing at the highest point of the day at 4690 points. Today's continuous strong rebound seems to be following the normal trajectory of the market.
…
