Chapter Five: Joy

  High opening, high opening of the big disk!

  The index surged by more than 94 points in a collective bidding frenzy and jumped above the annual moving average in one go.

  No one thought of it, absolutely no one thought of it.

  People nervously pounded on their keyboards and quickly flipped through their stocks.

  9:30, enter into trading.

  The big board soared all the way up, with trading volume rapidly expanding. Frequent transactions caused the computer to make a loud "wow" sound.

  The loud cry of the computer, several months ago was exciting, because it was often caused by a strong rise in the market. However, in recent months, when the machine made this sound, people felt especially terrified, because every time it cried out, the market would quickly plummet and the stocks in hand would fall like a kite with a broken string, shrinking rapidly in value.

  Old stockman, it's rising! It's really rising! Stockman Old Zhang exclaimed excitedly.

  It's rebounding, it's finally rebounding! The voice of excitement and complaint is getting sharper.

  What's the news? Auntie Li asked hastily.

  New fund is issued. Anxious to respond quickly.

  Does it really take just two new funds to make the market rise like this? Investor Old Zhang is still baffled.

  The fund opens the gate, representing the regulatory department's recognition of this point. Teacher Lu's words are also stuttering.

  Is our government also going to learn from the US and rescue the market? Stock investor Old Zhang suddenly understood.

  The country will never let the stock market fall like this. The old cadre said with excitement and pride.

  Rescue the market? At this point? Old stockholders quickly flipped through their stocks while quietly saying to Jian Te beside them.

  Can't understand. Jian Te looks here and there, his hands gesturing non-stop as he speaks.

  My stock has risen to the daily limit! Suddenly someone shouted.

  What a surprise! My stock soared at the opening and was limit-up. I said with a smug tone.

  Which one did you take? Fu Zhi asked with great concern.

  Of course it's the one that rose to the stop first. Proud and arrogant with a bit of complacency.

  He tactfully stopped asking questions.

  The mainstream continues to surge upwards strongly, with trading volume expanding sharply, and the momentum is overwhelming.

  What's going on here? Aunt Jiao still hasn't recovered from yesterday's fall.

  Forced out, forced out. Mr. Lu is still very nervous.

  The upward momentum and trading volume of the broader market are still expanding.

  The magnitude of the rise in the big plate and the large transaction volume not only exceeded the understanding range of stock investors, but also exceeded their imagination. People are no longer excited, but tense again. The laughter and shouting weakened and were replaced by the increasingly strong and fast keyboard typing sound.

  What is this all about? Old Zhang, a shareholder, couldn't sit still and asked anxiously.

  No one responded, but everyone remained focused and continued typing away on their keyboards, quickly scanning their stocks.

  The market is too abnormal, no one believes that a market can change from sluggishness to prosperity overnight.

  Lao Fu, have these guys taken the wrong medicine? Old stockholder didn't raise his head and said a sentence.

  I've been thinking about it too, it's just that taking aphrodisiacs can't achieve this kind of physique. Fu Zhi said in a daze.

  You just don't believe in the government. The old cadre blurted out, but due to tension, his voice was strange.

  Has the government's benefit been distributed? An old stockholder chimed in.

  The old comrades have fallen silent.

  No one picked up the conversation again, and the trading hall was left with only the sound of keyboards being tapped.

  The market is still steadily rising.

  The index broke through the five-day moving average.

  The index is standing above the 10-day moving average.

  The index has stabilized above the 10-day moving average, and trading is no longer so fierce, becoming calm and orderly.

  The computer has stopped screaming and the stock index is also stable.

  People let out a sigh of relief, the sound of pounding on the keyboard was no longer so strong and dense, their bodies were no longer stiff, and their faces also kept a proper distance from the computer monitor.

  Someone picked up the water cup and drank it with relish.

  Anyone who was scared away yesterday will be stupid today. Jian Te suddenly said.

  It's very likely, otherwise the trading volume wouldn't be so large, said Lu teacher.

  "You mean day trading, right?" Kent said.

  They're all the same, said Teacher Lu.

  Sell it back so soon? Don't you consider the cost? Stockholder Old Zhang asked.

  Next time you try it, you'll know, said Teacher Lu.

  What's going on? I'm not selling at a loss! Old Zhang, a stock investor, said.

  In this adjusted market, retail investors are panicking with full positions and even more panicked with empty positions. Teacher Lu has returned to normal and said in a lecturing tone.

  "Why?" asked Jiao Auntie.

  The index fell below the annual line, and individual investors almost all got stuck. Those who were short-selling also cut their losses. When the market rises, those who cut their losses are afraid of being left behind, so they are all nervous. Today's trading volume is mostly individual investors who are afraid of missing out, rushing to buy back in a panic. Teacher Lu said firmly.

  Then you're saying that buying it back will make money? Aunt Jiao asked again.

  You buy, the market falls; you sell, the market rises. It's so hard to make money in the stock market, can this stock be done? Teacher Lu sighed and said.

  This is called being slapped in the face from both sides. This is the fate of small investors. Fu Zhi concluded.

  Alright, old Fu, don't scare people away. If it's really like this, why would anyone still come? Are you sick? The old stockholder said.

  You'd better listen to him, don't listen to me, said Fu with a snort.

  Haha... The whole room is filled with laughter again.

  Old stockholders and Fu Zhi argued at the mouth, which is also a scene of Rongxin Baibu.

  Fu is a man who, despite his age, still likes to be the center of attention and have people focus on him. Having previously worked as a trader and seen the big world, he readily accepts when people call him Fu. However, it's difficult to make a name for oneself in the stock market, and even more so to be a guide. Although Fu is just an amateur and does it voluntarily, at most saying "owe me an ice cream", whenever the market trend is unclear, those who are uncertain will ask Fu to analyze it.

  Anyone with a slight understanding of China's stock market knows that our country's stock market has a huge information asymmetry. Information asymmetry means that individual investors can only understand why the market trend is after the fact, that is, they can only know the reason until the market rises or falls. However, investors are not willing to wait and be trapped or miss out on opportunities, so they will seek guidance from "experts". Fulin has been recognized by everyone as one of these "experts", so he had to release his predictions until it became a habit.

  To be honest, the stockholders of Yunxin 8 departments have not yet followed others in a daze, that is to say, no one takes Fu's words as a holy order. However, every time the market goes into an unclear situation, people will grab at straws like a drowning person, wanting to grasp something for psychological comfort, and Fu's words are just this straw.

  Fu Zhi is just a straw, he is now the same as ordinary retail investors, not colluding with any institution, nor has he exceeded the ordinary retail investor's source of information. What he knows is also superficial, and it's all from radio, television, and newspapers. So to say, Fu Zhi is just a straw, can't save a drowning person's life.

  Of course, Fu Zhi's more than a decade of struggling in the stock market wasn't for nothing, and he still has some experience. However, as China's national strength continues to change, the stock market is also developing and changing, so past experiences can only serve as references. They cannot truly grasp the stock market or solve the problem of being stuck with unsellable shares. Therefore, all Fu Zhi can do is guess.

  Due to the asymmetry of information and the irregularity of China's stock market, guessing the changes in the stock market is also a common phenomenon. Guessing the stock market is often ridiculous, which is no different from throwing money into the water. But there's nothing that can be done, this is just the reality.

  Rich Finger's guess about the stock market trend was already difficult enough, but then there was this stubborn old shareholder who wouldn't let go, making it even harder for Rich Finger. However, Rich Finger wasn't one to easily admit defeat, and when someone called him out, he would definitely respond, so Rongxin 8 Department added another scene.

  The index continued to fluctuate at a high level, with almost all stocks rising, and dozens of stocks were locked in the limit-up board. The atmosphere was jubilant in the eight departments of Rongxin. People kept checking their stocks while enjoying the pleasure of rising stock prices, exchanging plans for the upcoming holiday, and the festive atmosphere grew thicker.

  Everyone be careful, beware of the big disk changing face in the afternoon. Near noon closing, the rich index suddenly came out with an untimely sentence.

  Don't disturb the military's morale!

  This time it's not the old stockholders who are being serious, but rather the old cadres who gave a hard and harsh sentence.

  Haha...

  Everyone burst out laughing together.

  Fu couldn't help but sat down.

  The old stockholder unusually didn't say a word, but quickly flipped through the stocks.

  Suddenly, the old stockholder opened his account and started operating.

  "What's going on?" Jian Te asked cautiously as he saw Lao Gu open the trading interface.

  Smash it! The old stockholder replied bluntly.

  "Are you okay?" Jian Tie hummed and asked.

  Let's make it hard for the庄家 (mainlanders) this time around. The old stockholder said with a smile.

  With just that little capital, you still dare to dump the market? Is there any reaction? It's all in vain! Jian Te said non-stop.

  Don't worry, don't worry, I'm just here to withdraw money for the New Year. The old stockholder explained.

  Going out?

  My wife wants to go south.

  What's going on? Going to watch the snow? That's not very nice of you.

  No, go to Zhuhai and see her friend.

  Fly over?

  Huh.

  Are you taking the kids along?

  Huh.

  This trip can earn quite a bit of money.

  Earned money not spent will eventually have to be returned to others.

  "Hmm, big brother, you've had a prosperous year."

  Haha, so-so, just so-so.