Chapter Eight Difficulty
Shareholder Old Zhang is in trouble.
The seven-day holiday of Spring Festival statutory holidays plus compensatory leave has ended.
The exchange resumed trading, and the stock investors of Rongxin Securities' eighth business department gathered in the trading hall again. People were greeting each other with "gong xi fa cai" (wishing prosperity), bustling with excitement. Stock investor Old Zhang also greeted everyone, but it was clear he was just going through the motions.
Seven days of holiday, the stock people have got a good rest both physically and mentally. Only Stockman Zhang not only didn't look refreshed but instead looked like a chain smoker who had just quit smoking. Jian Te saw him and said: "Stockman Zhang was too desperate during the holidays." His words brought laughter from the adults.
In response, stock investor Old Zhang just curled his lips and said nothing. If it were in the past, come on, I've got plenty of stocks here for you to drink a whole pot of bitter tea.
Due to the effect of that "big red envelope" in previous years, plus the Shanghai Composite Index's long positive trend line pulled the market back above the annual line, the market's shape has been well repaired and has a strong rebound. With good shape, strength and mood, the refreshed Fuxin 8 department investors are ready to welcome the new round of market trends, once again enjoying the bull market feast, happy 2008!
However, things didn't go as expected: a bearish opening. The Shanghai Composite Index closed with a negative line on the first trading day of the Year of the Rat!
What bad luck! How come it's a down day again. At the first joint meeting of Rongxin 8 departments in the year of the mouse, stock investor Old Zhang sighed heavily.
What's the big deal, you've finished celebrating the festival, but the institutions haven't. Just got to work, still busy giving New Year greetings to leaders and relevant units, where do you have the mind to care about the stock market? Today can be harvested like this is already not bad. Rich pointed out to educate him.
Lao Fu, you know a lot. But I'm asking you, why can't it be that the stockholders haven't finished celebrating the holiday and haven't entered the exchange for trading? Let me tell you, stockholders aren't working for institutions! The old cadre said with righteous indignation.
You're right, it's the New Year, I won't argue with you. Let's leave some time for everyone to share their opinions. Seeing the old cadre's fierce attitude, Fu Zhi diverted the topic, not wanting to engage in a war of words.
I also find this yin line quite ominous, really ominous. Aunt Li said with a frown, speaking seriously.
Choosing today's opening is unlucky! On the 7th day of the lunar calendar, what kind of day is this? A female stockholder nicknamed Vanke said.
You're the one who's been walking fast all along, and you're also the one with the big opinions. Jian Te said jokingly.
What's the use of my stock rising if the overall market doesn't go up, who knows if it will be dragged down. In recent days, I've been staying at home quite steadily, how the market has been tossing and turning, our Vanke just wouldn't come down, but chose such an unlucky day to open, my heart is in my throat. Vanke said angrily.
It's really great. If it were the day after tomorrow, February 14th Valentine's Day, and also the eighth day of the lunar calendar, I'd meet with this stock lover again, plus a hair-raising day, that would be quite interesting! Complaining in an unusual tone, twisting his body, he said happily.
"Hey, someone's coming," said Fu, squinting his eyes and pursing his lips at Jiant.
Jian stretched out his nose in the direction of the grumbling sound and sniffed.
Really, it's a bit fishy. Jian Te said with an evil smile.
Didn't I scare you? Fu Zhi leaned in close and whispered.
No need to say more, the taste is really heavy. Jian Te said it was true.
The two of them burst out laughing together.
Fu Xiang and Jian Te's small meeting did not affect the conference, and the stockholders of Rongxin 8 departments are still discussing which day is the most auspicious for opening.
It doesn't matter anyway, it's not a whole week, half-hearted, what's the big deal if we're off by one day. My complaining companion also said in agreement.
Yes, go find the regulatory commission and protest, let them reopen tomorrow, today's doesn't count. Jian Te shouted loudly.
Right, go protest! Everyone shouted in unison.
Protest, protest...
That day, stock investor Old Zhang was unusually calm and didn't join in the excitement. He looked at the people enthusiastically expressing their opinions with a scornful gaze and remained silent, lost in thought.
The next day, the Shanghai Composite Index gapped higher and fluctuated at high levels, closing with a small bullish candle.
Look, today is a good day. Everything has to be done on a good day. That day Wang Ke was in a particularly good mood and felt triumphant when she proclaimed her views to everyone.
Choosing a good day, is it still necessary to burn incense? Jian Te suppressed his bad words.
Of course! I don't just burn today, I burn every day. Otherwise, how could my Wanke be so great?! Wanke said with extreme pride.
Oh, great, just great. Originally wanted to tease him, but didn't succeed, and now he's giving me the cold shoulder with a scowl on his face.
Does burning incense work? Stock investor Old Zhang suddenly asked excitedly.
Of course! Haven't you seen the market going up again? Jian Te shouted loudly.
Oh, I'll give it a try. Stock investor Old Zhang didn't look at Jian Te, and instead muttered to himself with his head down.
Just as people were breathing a sigh of relief and rekindling their fantasies, the third day's market opened with a big gap down.
The market not only opened low that day, but also continued to fluctuate downward, eventually closing with a bearish line. The people of Rongxin Baibu were no longer making trouble.
That day after the joint meeting ended and people dispersed, stock investor Old Zhang pulled aside Fu Zhi.
Rich brother, I'll call you elder brother from now on. You said the market is like this, can we still speculate in stocks? Stock investor Old Zhang asked sincerely.
Why can't it be done? It's a good time to stir-fry now. Fu Zhi's answer was unequivocal.
"You said, can I sell?" Stock investor Old Zhang continued to ask sincerely.
You're probably a bit short on experience, so your chances of winning aren't great. Fu said with a smack of his lips.
Yes, I've been selling everything at a loss lately. Before the New Year, my wife also lost her job, and our family is almost out of food to eat. Alas! Stockholder Old Zhang hung his head in shame.
Let me ask you, how much money have you invested in stocks here? Fu asked.
More than 40,000. Stock investor Old Zhang didn't want to hide it at all.
Yeah, it's a bit less. Fu Zhi thought for a moment and said.
"This is the money I got after being laid off and also our family's savings." Stock investor Old Zhang sighed.
Don't cry with me, I'll take you along. Fu said with a generous tone.
How did you bring me here? Stockholder Old Zhang didn't understand.
I'll take you to play stocks. I tell you what to do, and you just follow. There's only one requirement: listen to me and do as I say. Fu Zhi said in a commanding tone.
You're right on the money, doing a great job, help me out. Stock investor Old Zhang said with a glimmer of hope.
Let me tell you, I used to take people to speculate in stocks and I would take 30% of the profit. Seeing that it's not easy for you, I'll take you under my wing for free, just like Lei Feng. There's only one condition: listen to me and don't make me suffer losses. Fu Zhi brought out his master's skills.
It's done, it's done! Old Zhang, a stock investor, said hurriedly.
Got it, go back and rest well, count money tomorrow. Fu pointed out with a self-satisfied smile.
Line! Seeing the hopeful stockholder Old Zhang, he shook off the recent days' depression and became excited again.
