Power and Wealth
Chapter 27

It Rose Again!

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In the small office.

Dong Xuebin followed Zhou Changchun into the room, suppressing a bellyful of frustration. If it had been the old him, he would have immediately poured out his grievances to Zhou Changchun and let Director Zhou know what kind of person Guo Shunjie really was. But Dong Xuebin was no longer like that. Having learned a little about the ways of the world, he understood that if he complained to his superior, regardless of whether the problem could be resolved, the very act of "snitching" would make his leader look down on him and think he was unfit for greater responsibilities.

"Little Dong, are you feeling unwell?" Seeing that he did not look good, Zhou Changchun asked with concern.

Dong Xuebin quickly composed himself. "I just didn't sleep well last night. Thank you for your concern, Director."

"That won't do. You need to get more rest." Zhou Changchun shifted and sat down. "Move a chair over and sit beside me. The market's about to open."

Dong Xuebin said nervously, "It's fine, it's fine. I'll stand."

Zhou Changchun pretended to be displeased. "If I tell you to sit, then sit. Why are you being so polite?"

"Alright, thank you, Director Zhou." Dong Xuebin was very mindful of his posture now. Even on such a round stool, he only sat on half of it.

Looking up, he saw that the time in the lower-right corner of the computer had reached 9:15. The Shanghai and Shenzhen Stock Exchanges' call auction had begun. The so-called call auction was a test of market capital before official trading opened. Put simply, if there were more buyers and they offered higher prices, the stock would open higher.

"Little Dong, how many years have you been trading stocks?"

"Three or four years." He was making it up.

"Do you have some kind of trick? Otherwise, how could you have bought Hainan Rubber so accurately that day?"

Dong Xuebin hesitated. He had originally wanted to say there was no trick, but that might make his leader think he was keeping secrets and refusing to share them, perhaps even earning resentment. So he made something up. "It's not really a trick. Look at the daily chart. When there's this kind of trading volume and these upper and lower lines, the chances of rising are generally higher. You also have to look at the daily moving averages, K-lines, the MACD trend, and the KDJ crossover trend, then analyze everything together."

Pretending to understand, Zhou Changchun said, "Mm, not bad. You really do have to look at these lines." He was in quite a good mood. Although Hainan Rubber had not ultimately made much money, he had to admit that Little Dong's short-term instincts had been perfectly timed. Its subsequent drop could only be blamed on the overall market plunge. Their luck had simply been terrible.

The market opened.

The Shanghai and Shenzhen Stock Exchanges indices opened slightly lower. The bears had the upper hand.

Zhou Changchun pointed at the computer monitor. "Come on, help me pick another stock."

"I'm still somewhat confident about ultra-short-term trades. As for anything else... well... if it doesn't rise later, then you..."

"Haha, being good at ultra-short-term trading is impressive enough. It's fine, don't put pressure on yourself. Go ahead and pick freely."

Dong Xuebin agreed and reached for the mouse, opening the trading software's "Radar Alerts." It was a function he had discovered in the stock software that morning. It displayed real-time alerts on individual stocks, such as which stocks had large institutional buy orders or which ones were rapidly rising. It was very useful. With it, Dong Xuebin would not have to search around like a headless fly.

At that moment, several railway stock alerts suddenly appeared in the small real-time Radar notification box in the lower-right corner of the stock software.

Da Qin Railway—large sell order.

GuoHeng Railway—sharp plunge.

GuangShen Railway—large sell order.

Da Qin Railway—trading volume 6.018 times above the normal range.

Da Qin Railway—sharp plunge.

"The institutions are unloading." Since he had bought Da Qin Railway a few days ago, Zhou Changchun had been paying close attention to it. "Railway stocks are finished. They rose too much these past two days and got inflated all at once. I don't think they'll recover for half a year."

Dong Xuebin felt that made sense as well, so he did not pay much attention to it and instead looked at other stocks.

The old man and the young man were studying the pharmaceutical sector when a line of information appeared in the stock Radar alert that left Dong Xuebin and Zhou Changchun utterly dumbfounded.

Da Qin Railway—limit up sealed.

Dong Xuebin blinked, thinking he had misread it.

What the hell? It had just shown a large sell order. How had it hit the limit up?

back

At the very first instant time rewound, the first thing Dong Xuebin saw was the alert: "Da Qin Railway—large sell order."

He hurriedly clicked open the stock's daily chart with the mouse—it was down 0.78%. It might not have seemed like much, but that was compared with yesterday. It had opened much higher today, only for the institutions to sell off all the way down. The stock price was now plunging like it was jumping off a building. At this rate, even a limit-down was not impossible.

"The institutions are unloading." Zhou Changchun gave a bitter smile. "Railway stocks are finished. They rose too much these past two days and got inflated all at once. I don't think they'll recover for half a year."

"Director Zhou." Dong Xuebin no longer hesitated. "Da Qin Railway is going to rise. If you want to buy, buy quickly."

Zhou Changchun froze. "Da Qin Railway? Rise? Isn't it falling right now?"

"It should be the major players luring bears in. They want to shake out the retail investors."

Zhou Changchun kept shaking his head. "Railway stocks are done. Look, look, it's still falling."

Dong Xuebin said quickly, "Trust me. It'll definitely rise in the ultra-short term, and it'll rise a lot. Really."

"Well..." Zhou Changchun hesitated. Perhaps recalling that Little Dong had not been wrong the previous two times, he gritted his teeth and quickly leaned forward. "...Fine, I'll listen to you. Buy." Though Zhou Changchun had Cerebral Thrombosis and his legs were not very nimble, this old stock fanatic's hands were exceptionally quick. Tap tap tap. After pressing a few keys, because Zhou Changchun himself had little faith in Da Qin Railway's prospects, he conservatively bought only three thousand shares.

Could it really rise? Zhou Changchun was doubtful.

Dong Xuebin did not quite dare believe it either. After all, rapidly surging from a loss to limit up required no ordinary amount of trading volume. He had not had time to watch before, so Dong Xuebin stared eagerly at Da Qin Railway's trading screen, wanting to see exactly how the major players would pull it up.

Uh, could the Radar alert have given the wrong information?

At that thought, Dong Xuebin's hands and feet went cold. Please don't do this to me. I can't take this kind of torment.

-0.78%...

-0.92%...

The stock price fell a little further.

Sweat formed in Dong Xuebin's palms. Brother Qin, hurry up and rise already.

Suddenly, the screen that had been entirely green was replaced by a sea of red in an instant.

Dong Xuebin and Zhou Changchun merely blinked, then stared in shock as Da Qin Railway was forcibly pulled by the major players from a loss all the way up to a 3.58% gain with a massive order of tens of thousands of lots.

6.42%...

8.38%...

8.92%...

9.37%...

10.01%...

They were pushing it up without regard for the cost.

It hit limit up in an instant.

Zhou Changchun sucked in a cold breath. He was so excited that he slapped his thigh three times. "Good, good, good!"

End of Chapter
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