212: A complete reversal from limit up to limit down! O'Reilly missed out on the rally – a move rarely seen in the US stock market!!
On the market surface, it was obvious that Morgan Ored had completely lost his footing.
His long-held pride and arrogance made him unable to accept that he had made such a huge mistake.
He originally thought that with tens of billions in funds in his hands, he could come to the A-share market and slaughter everyone.
But who could have imagined that he would be the one being hung up and beaten by others?
This "other" wasn't some big shot from Europe, but China!
The disparity between his expectations and reality left his entire mindset extremely unstable.
"Dump Stock, give me a Dump Stock! You don't want to short? Then today, I'll just let you make money until you're numb!!"
OReid went crazy.
After using all the funds in his hands to push up the sector, he turned around at this high point and dumped all the remaining chips.
Only by continuing to Dump Stock to the limit down today would he have the possibility of buying at the bottom at the limit down, thereby stabilizing the current situation.
This extreme trend, combined with a little pushing from Wang Lin, resulted in the brokerage stocks being seen as the most vicious fishing line by Stock Investors today.
Some Stock Investors in Shenzhen didn't even know why they were bothering to push up the price when it was clearly going to fall today.
Why on earth was this happening?
To sell the chips in hand at a high position?
That didn't make sense either?!
One could only say that they really didn't understand stock trading.
Nor did they understand OReid's thoughts at this time.
Seeing the massive sell orders appear on the market, Wang Lin smiled and said: "Alright, follow him and Dump Stock. I estimate there is still quite a bit of resistance now, so dumping together will save him the trouble!"
"Remember to start replenishing the bears positions in advance. Don't be too extreme, otherwise our excessive bears positions will be difficult to settle!"
Zheng Huan nodded with a smile: "Don't worry, Boss!!"
At this moment, Zheng Huan was also very excited.
Only until just now did the boss reveal the true identity of their opponent.
It was actually foreign capital, a super foreign capital big shot carrying over 50 billion in funds.
This was definitely a fierce river-crossing dragon.
It was said that he was a big shot from Wall Street.
But now, even such a strong big shot couldn't get any advantage in Wang Lin's hands.
In just a few moves, he was beaten by Wang Lin until he lost his armor.
This wave, I'm afraid their losses would be over 30%.
"Damn it, damn it, damn it! It was still in the red, how did it fall to 6 points below the water in the time it took to go to the bathroom?"
"Awesome, you dare to go to the bathroom at a time like this? I'd rather pee my pants!!"
"Luring bulls, this is definitely luring bulls, brothers, run for your lives!!"
"This is the last wave of luring bulls by the Brokerage Firms. The main force should have finished selling. Now, whoever buys is a fool!"
"Damn, cut the meat, this time it's really cutting the meat. It broke the position again, and even the 20-day line can't hold it!!"
"Is this the main force clearing out its position? It really doesn't leave any face. All lines are to be broken through. Damn, how much profit margin do they have to dare to play like this?"
"Didn't you see it has already doubled from the bottom? The main force is making money whenever they sell!!"
"Disgusting!!"
At Junlin Finance.
The Traders were using small orders to Dump Stock while using large orders to absorb chips, replenishing all the bears chips.
After trading like this for more than half an hour, they finally replenished nearly 90% of the bears chips!
For the remaining 10%, Wang Lin's goal was to replenish at the limit down.
Then, a wave of Limit Down to Limit Up Reversal, copying his masterpiece from last time.
Also let this foreign capital big shot see what the play style of the A-share market is.
This is a unique play style for the 10% limit up/down, a play style you simply won't see in the US Stock Market!!
At this time, many Stock Investors were already worn out and had no temper left.
Those who should have run have already run by now.
As for those who were still stubbornly holding on, most of them were already losing money and didn't dare to run.
Or perhaps there were still some people who believed in Wang Lin and believed that brokerage stocks still had a future; they were struggling to hold on.
In the Beautiful Country.
On Wall Street, within the Morgan Family.
OReid's father was still a bit uneasy late at night.
He called over a subordinate: "The people I let you keep following OReid and the others, how is the situation now?"
The man with his head lowered opposite him reported immediately: "Report to Boss, Young Master OReid may encounter the first setback of his life this time!"
Hearing this, Morgan Sam had an interested expression on his face: "Tell me in detail?!"
His own kid had been born with a silver spoon in his mouth.
Everything had been smooth sailing, and he had never suffered any setbacks.
This was both a place where Sam was happy and a place where he vaguely felt hidden dangers in his heart.
If a person is too smooth, it is not a good thing.
He also understood the truth that things break when they are too rigid.
It is impossible for a person not to suffer setbacks in their life. Even their Morgan Family has experienced many storms and baptisms to become the behemoth it is today.
That's why Sam was so interested when he heard the word 'setback'.
The subordinate could feel the boss's mood at the moment, and he quickly said: "You know, the young master brought a lot of funds to the A-share market this time to speculate on stocks, and the first battle he targeted was the brokerage sector."
Sam nodded: "According to the various analyses of analysts, the bull market atmosphere in China is already quite strong now. Buying brokerage stocks at this time, even if chasing high, is no problem."
The subordinate shook his head with a bitter smile: "The problem lies here. The brokerage sector in the A-share market has already doubled. If we really follow the conclusion of a bull market, doubling should be just the beginning."
"Young Master OReid thought so at the beginning, but due to a series of events, he lost his patience and changed from a hunter to prey."
Hearing this, Sam's face looked a bit ugly.
Knowing it is one thing, but hearing it with his own ears is another.
The subordinate didn't dare to breathe, and after seeing Sam signal him to continue, he continued: "Look, this is the rise and fall trend of the A-share market brokerage stocks these days, as well as the volume analysis and discussion situation in various aspects."
Although Sam had never speculated on A-shares, in a market with T+1 and 10% rise and fall limits, he understood what would happen in his heart after a slight deduction.
Killing both bulls and bears is still achievable here.
It's just that because of the existence of T+1, it is a happy protection for Retail Investors.
After all, if you buy it on the same day, you can't sell it at all.
This eliminates the opportunity to be harvested back and forth by the main force.
At most, it will cut two knives.
One knife to lure bears, one knife to lure bulls.
And now, after watching for a while, Sam understood that his son originally wanted to be a 'hunter', to use one knife to lure bulls, and then one knife to lure bears.
As a result, he was checked by someone else.
"The other party has clearly controlled the brokerage sector. The best way at this time is to buy blindly and then squat and wait for the rise!"
"In the A-share market, after being controlled by others, this is the only way to break the situation!"
"If you can operate with half a position, the probability of success can be doubled."
"It's a pity that OReid, this kid, has never suffered a failure for so many years. Overconfidence is arrogance!"
Sam sighed.
"But fortunately, he shouldn't lose too much money this time. According to my understanding of him, I estimate that 30% of the funds will be evaporated!"
"If he can wake up after losing this money, I think this is a very worthwhile move!!"
The subordinate also nodded in agreement.
Although for other people, 50 billion in funds evaporating 30% all at once, that is more than 10 billion.
Money that 99.99% of people can't earn in a few lifetimes.
But here, if it can be used to buy a lesson that will be remembered for a lifetime, it is definitely very worthwhile.
Because this money can be earned back in the A-share market through this bull market later.
If OReid can learn the lesson by then, this will be a win-win situation.
No, it should be a three-win situation.
The opponent who earned those 10 billion in funds is also a winner!!
"I really want to see this kid's exasperated look. I guess he should be very angry now." Sam figured everything out, he suddenly laughed out loud.
In the country.
Finally. At around 10 o'clock.
Wang Lin was still waiting, and constantly pulling up slightly, dumping slightly, constantly teasing OReid's nerves.
Eventually, OReid couldn't hold it anymore.
His face was already starting to get a bit flushed, and he said angrily: "Dump Stock, dump all the remaining chips to the limit down for me!!"
The exasperated OReid had never thought that there could be other changes in the market today.
Now he just wanted to crash the market and let everyone die together!!
In the empty trading room, his roar echoed.
After hearing OReid's words, those Traders didn't hesitate, and all the remaining chips in their hands were dumped down.
They had originally wanted to do this anyway. These Traders who were famous and powerful in the US Stock Market, who knew that they would be played like dogs here.
The market was originally on the verge of collapse.
Now, after the last wave of dumping by Morgan, the sentiment finally completely collapsed!!
CITIC Securities took the lead in throwing itself into the river, sealing the limit down.
At this moment, the brokerage sector exploded with blood again.
"Damn, damn, damn, it really hit the limit down?"
"It exploded, this wave of blood exploded!!"
"I want to ask, is there anyone who bought at the red plate today? How do you feel now?"
"Terrifying, I bought it at the limit up yesterday, didn't leave at the red plate today, and now I've lost more than 30 points. You ask me how I feel, I can only tell you that my head is buzzing now."
"If the Brokerage Firms go like this, then it's basically gone!!"
"I'm crying to death, the overall market index was dragged down by 2 points again. If this continues, what kind of bull market is that!! Shanghai-Hong Kong Stock Connect hasn't opened yet, and you are so anxious to ship?"
"Hanging a limit down to cut meat, my heart is dead, I'm closing the software and not looking at it."
"What's the use of hanging a limit down at this time? I directly hang a limit up sell order. If you have the guts, just give me a limit up today."
"You guys still have the heart to play; looks like you haven't lost that much. I really don't have the mood to watch the market anymore, I can't even be bothered to place orders. I'm tired, I'm going out to drink and drown my sorrows!"
Yesterday's limit down from limit up, and today's rally to red followed by another limit down.
It completely shattered the morale of the Retail Investors.
The number of those cutting losses and crying out was countless.
But if you think about it carefully, the brokerage sector has already doubled from the bottom. Even if it pulls back by 30%, that seems perfectly normal.
But the problem is, many people can't hold on for this doubling; they basically run away as soon as they make 10 or 20 points.
But!!!
If they are trapped by 10 or 20 points, they are highly unlikely to run.
Except for ultra-short-term players.
OReid watched as the entire brokerage sector lay flat at the limit down, along with the wailing and lamenting comments in the Stock Bar.
Although he felt quite uncomfortable himself, seeing so many Stock Investors in the same boat as him seemed to soothe his heart a little.
"Let the sentiment ferment a little longer. Wait a while and then slowly buy the dip for me, or if the sentiment collapses further, buying in tomorrow at a lower opening might be more cost-effective?"
Unknowingly, Morgan Ored had actually integrated into the rhythm of trading in the A-share market.
Once he integrated into it, he was truly a giant leek!!
"I'm going to take a break, you guys watch the market for me!"
Morgan Ored was very annoyed right now; he desperately needed a blonde lady to release some stress.
Fortunately, there was no shortage of anything here.
Wang Lin was also waiting today.
He was waiting for a specific point in time.
Last time, the market collapsed near the close, so today, let's just rally it near the close.
Wang Lin thought for a moment and left a message for Old Zhang: "Near the close, watch my performance!"
As soon as this message went out, Alliance Leader Zhang, who was scratching his head at his desk, stood up abruptly.
He looked at the message, studied it carefully for a few minutes, and suddenly laughed: "Sure enough, it's really this kid. Damn, he really knows how to play!"
"Is he trying to pull off a second Limit Down to Limit Up Reversal? You've really got it, kid!!"
"With so many chips at the limit down, if the Limit Down to Limit Up Reversal really succeeds, and we follow up with a high open and high run to seal a limit up tomorrow, then the rhythm of this second wave will truly and completely take off!"
"Good grief, I really think you are even more impressive than Xu Xiang back in the day!!"
"Since that's the case, I'll hitch a ride in a bit and place a few buy orders of ten million in other small caps, that shouldn't be a problem, right? And for this CITIC, I'll follow up with a 50-million order, that's fine, right?"
Since Wang Lin chose to tell Alliance Leader Zhang, he was naturally doing him a favor.
Tens of millions in chips?
There were plenty at the limit down.
Now, with the panic spreading through CITIC Securities, as every minute and second passed, the funds used to buy the dip were buried, causing the sentiment to become completely panicked.
On the limit down of CITIC Securities, more than 600 million in chips had already accumulated.
Wang Lin was drooling over these chips.
But it wasn't time to eat them up yet; wait a little longer.
At 11:28.
Wang Lin stretched and said: "Alright, we can start the operation!!"
As soon as these words were spoken, all the Traders present were visibly shaken.
They knew that this miraculous feat, which would be recorded in this year's stock market history, was about to be unveiled by them!
If there is a bull market this year, then all Stock Investors will remember today.
Remember that the Limit Down to Limit Up Reversal of the brokerage sector today was pulled up by their Junlin Finance.
At 28 minutes and 37 seconds.
CITIC Securities, which was still at the limit down, suddenly saw a massive buy order of over 100 million to lift the price.
This was immediately followed by five consecutive buy orders of over 100 million.
In between, there was also a buy order of 50 million.
This 50-million order was naturally from Alliance Leader Zhang.
He had been staring at the market, specifically at CITIC Securities, for the last 5 minutes.
Sure enough, he finally waited for Wang Lin to come and lift the limit.
Also watching the market at the last moment were many lucky Stock Investors and some Hot Money.
The most basic discipline of stock trading is that you must watch the market at all times when it opens, unless you don't want to trade that day; otherwise, if you don't watch the market, you will definitely miss some very good trading opportunities.
Just like now.
With hundreds of millions of funds lifting the limit, it was obvious that a super big boss had made a move.
Many veteran Stock Investors instantly associated this with the last Limit Down to Limit Up Reversal in their minds.
No way?
Could it be happening again?!
Thoughts flashed through their minds instantly.
The market situation was also changing in the blink of an eye.
At 28 minutes and 45 seconds.
CITIC Securities had already broken out of the limit down and rallied to -7%!
Many other brokerage stocks also had their funds at the limit down eaten up simultaneously by the Traders from Junlin Finance.
The subsequent rise was deliberately left for those Stock Investors who were watching the market at all times.
If they ate the meat, they still had to let the Retail Investors have some soup.
Of course, Wang Lin wouldn't say that he wanted to have some liquidity!
【short-term spirit: CITIC Securities massive order of over 100 million lifting the limit!!】
【short-term spirit: CITIC Securities breaks the limit down!】
【short-term spirit: CITIC Securities rapidly rallies +5%!】
【short-term spirit: Haitong Securities massive order of over 100 million lifting the limit!】
【Flush Express: brokerage sector frantically buying in bulk near the close, multiple stocks break the limit down!】
As soon as this news appeared.
The next piece of news followed immediately.
【short-term spirit: CITIC Securities rockets up, gains reach +7%!!】
【short-term spirit: CITIC Securities seals the limit up!!】
In less than a minute, at 29 minutes and 44 seconds, with 16 seconds left until the close, CITIC Securities sealed the limit up.
pacific and Guoyuan Securities followed closely behind, being pulled up to the limit up by some unknown Hot Money.
This reversal came so fast that many Stock Investors hadn't even reacted yet.
And the morning session had already closed.
At this time, the late-reacting Retail Investors finally bombed the Stock Bar.
"????"
"What's going on? It suddenly rallied?"
"That's too awesome, I feel like I've seen this situation before!!"
"CITIC Securities Limit Down to Limit Up Reversal, that's so damn crazy!!"
"Terrifying, it's truly terrifying!!"
"F*ck, my order that I just casually placed at the limit down was actually executed? Even a sell wall of over 600 million could be eaten up? Damn, this is online fraud, give me back my chips!!"
"I'm a little better off than you; my chips that I placed at the limit up were also executed. I don't know whether to cry or laugh."
"You definitely have to cry. In this situation, the sentiment will surely reverse in the afternoon, and tomorrow's premium is guaranteed!!"
"It is worth mentioning that the overall market index also turned red strongly in this last wave of rallies!!"
"At this moment, I envy those office workers so much; they can see their stocks hit the limit up as soon as they get off work!"
Many Hot Money were also shocked by the changes in the stock market today.
Too ruthless.
The changes were just too fast.
Veteran Hot Money big shot Xu Xiang was also momentarily stunned today, and then exclaimed: "Good grief, is this Brother Lin's handiwork? Such a familiar tactic, you are trying to defy the heavens!"
Alliance Leader Zhang: "I'm satisfied. This kid Wang Lin is really capable. When he comes to Modu in the future, I'll have to think about how to treat him."
Little Crocodile: "I knew it, miracles always happen at the last moment. I am ten thousand percent sure that today's Limit Down to Limit Up Reversal was pulled up by Brother Lin. Although I don't know who he is fighting against, I will definitely be a die-hard bull. Charge, brokerage stocks!!"
Foshan Shadowless Kick was even more impressed to the point of prostration: "Damn, this is true Hot Money. To be able to control the rise and fall of a sector, Hot Money reaching this level is truly invincible!!"
Many other small Hot Money were also shocked today.
On the Stock Picking Bar, all kinds of posts were being sent out frantically.
The content was all about the trend of brokerage stocks near the close today.
All kinds of financial news at noon were flying everywhere.
At this moment, in the toilet stalls, sounds of exclamation could be heard from time to time.
These were the office workers who were working in the morning. They didn't dare to place orders, and they didn't dare to go to the toilet halfway, holding it in until now as a reward.
Limit Down to Limit Up Reversal!!
And those who could take a break halfway, anyone who had to go to the toilet, probably wouldn't be able to make a profit today!!
"F*ck, limit up? Then what about me, who snuck to the toilet to take a paid dump halfway through, which led to me placing a limit down order?!"
"Tough luck! Fortunately, I got tricked into buying some chips by the morning bull trap, otherwise I would have really been missing out!!"
"So comfortable, it's fortunate that I was so busy with company matters today that I had no time to watch the market. That's why I picked up a big bargain; otherwise, I would have had to cut my losses!"
In a certain company, a department manager who always lived to exploit others unexpectedly received a Starbucks coffee from an employee.
When asked why, the employee just smiled mysteriously: "Nothing, just felt that the manager looked a bit handsome this morning!"
This left the manager a bit confused. He had clearly been exploiting him severely all morning, not even giving him a chance to go to the toilet.
But why did this guy buy him coffee now?
Confused.
Puzzled.
When he finally saw the guy's ancestral home, the two characters "Chuan Yu" (Sichuan-Chongqing), he instantly shivered all over, and goosebumps rose all over his body.
This kid, I must never get close to him in the future!!
Countless people had countless thoughts about the Limit Down to Limit Up Reversal of brokerage stocks at the end of the market today.
Including Morgan Ored.
After having a good time, he finally remembered that the morning session of the A-share market had closed.
He walked into the trading room unsteadily and asked casually: "How is it? Is it still at the limit down? Forget it, I have already accepted this reality. At worst, I'll just hold on; it's bound to rise eventually!!"
But looking at the silence in the trading room and the strange gazes of the Traders.
OReid was stunned for a moment, and asked in a hoarse voice: "Did something happen?"
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