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Chapter 392 Buying on dips

Chapter 392 Buy on dips

"This is impossible!" After hearing Chen Mingluo's thoughts, Yang Jier immediately denied it.

At least Yang Jier felt that Chen Mingluo was already lucky to be the deputy secretary of the Youth League Committee of Xiling University at the deputy department level. When he left the school in the future, he might not be able to take this level away, let alone a deputy department or a main department. That was really a dream.

"Your level at the deputy director is already very eye-catching. How could you go upstairs?" Yang Jier pointed out this problem.

The officialdom is a very complicated place. You can’t just play with it just by taking it for granted. Even if you are amazing, you need to do things according to the rules of the officialdom. It cannot be achieved overnight. It is not a war era, and there is no saying that you will be promoted on the front line.

It is not impossible to go to the deputy department and main department, but at that time, you need to fight through it step by step in the officialdom, which definitely does not mean that you can do whatever you want.

"There is nothing impossible in this world!" Chen Mingluo's will is very firm in this question. "History has always been written by strong people, and the world does not rely on those rules to operate."

After hearing this, Yang Ji'er looked at Chen Mingluo obsessively and said softly, "When you say these words, you are so masculine."

"Uh--" Chen Mingluo was interrupted by her, and she actually forgot what else she wanted to say.

Yang Ji'er was very bored and invested five million yuan to play in the stock market.

This cannot be blamed for her indecisive will. It is mainly because the major they are studying requires close contact with the domestic stock market, discover problems, find rules, summarize experience, etc.

The domestic stock market is also not very calm. Since July 1, the People's Liberation Army crossed Luohu Bridge and Hong Kong returned successfully. When the whole country celebrated, the stock market closed with the middle Yin line of Changxiaying.

After the bardo, there are continuous declines and weak rebounds for more than two months.

After a long-term decline, both Shenzhen and Shanghai have seen land volume, which is the land volume since the bull market in 1996, and the daily trading volume has dropped to a very bleak level.

The continuous land volume triggered the market's discussion on the bottom, and people from all sides once again formed the left, right and middle schools. There are three opinions, namely, "the land price is the time when the land volume is the land price", "the volume is the first of the price, and the land price is the next to the land volume", and "the situation is complicated and difficult to determine". Amid such chaotic discussions, the market continued to slowly and hesitate to fall, approaching the annual line, and the transaction volume also shrank extremely, hitting a new low again.

The annual line is the lifeline of Shenzhen and Shanghai stocks, the dividing line between bulls and bears. In the context of the bull market, breaking the annual line means an excellent opportunity to purchase goods. So what about now?

Since the decline in early May, the Shenzhen and Shanghai markets have been falling all the way, and by September, they have generally shrunk by one-quarter of their market value. The indicator has been adjusted to the bottom, and the land volume has appeared continuously. The index has also approached the annual line. Many aspects seem to support a wave of rebound near the annual line.

Panic, extreme panic, and now there is only panic left in the green trading hall.

Therefore, Yang Jier judged that maybe this is the land price, and maybe even if it is not now, the land price will not be far away.

Based on this consideration, she decided to buy all the five million funds in her hands for Lanshan Chemical, which is a relatively suitable price.

Lanshan Chemical has good fundamentals, but because of the bad market, it has been in a constant decline.

However, after Yang Jier bought it, Lanshan Chemical didn't know what was going crazy. The stock price actually fell rapidly and hit the limit down, quietly and without buying at all.

After reading it, Yang Jier couldn't help but feel a little surprised, "The market has not yet hit the limit yet. Why did the stocks I carefully selected have hit the limit first? It's really a great irony."

Chen Mingluo took a look and found that the size of the sell-off was tens of thousands of hands, so he said without thinking, "Congratulations, Senior Sister Jier, you have met the ruthless manor!"

However, the market situation is not good. A few minutes later, the market actually hit the limit.

"It's not just the ruthless market, but also the ruthless market." Yang Jier said in a daze.

"It's just a limit down, it's drizzling-" Chen Mingluo comforted her.

In the evening, Chen Mingluo invited Yang Jier to have a good meal, which made her turn grief and anger into food.

Before the opening of the next day, it was the call auction time, and everyone was paying the order, some were selling and some were buying.

Who would have thought that as soon as the market opened, Lanshan Chemical would hit the limit, and a few minutes later, the market would hit the limit.

"Who can tell me what the hell is going on?" Yang Jier shouted angrily immediately.

"I guess you're in trouble. Have you encountered any unclean things in the past few days?" Chen Mingluo smiled, "Look, you've been implicated in the market."

As soon as they were bearish, everyone left one after another. Apart from Yang Jier and Chen Mingluo who looked depressed, there were only three or five people watching the market and analyzing the situation in the empty hall.

"Twenty percent!" Chen Mingluo also felt that today's decline was indeed a bit bizarre. After a long period of decline, there was a big drop of 20%. What does this mean?

"What does it mean?!" Yang Jier replied with some angrily, "It means there is no chance of this breaking stock market! Trash! ATM! Vampire!"

"Wrong, this means that the market is facing a change of market-" Chen Mingluo analyzed with a smile, "No government will tolerate such a large decline in the stock market, especially on the basis of long-term negative declines, such two limit downs basically force people to jump off the building."

"Then what do you mean?" Yang Ji'er asked, "There is a rebound soon?"

"This is a natural thing. You can throw all the money in your hands now. You don't have to look at anything else. You can throw them all into the big-cap stocks-" Chen Mingluo pointed out.

Yang Jier thought about it and thought that this is the reason. Anyway, Chen Mingluo was pointing at the side, and she also felt that it was impossible to give up the ATM of the stock market at the government level, so the meat of retail investors was slowly cut off day by day, and it was impossible to kill everyone in one go. Then there would be no such thing as sucking blood in the future.

The stock market is bound to rebound, and it is right in front of you.

After Yang Jier figured this out, she immediately turned out all her remaining funds and began to sweep goods on a large scale, crazily eating into various large-cap stocks from those limit downs, and soon she spent all her money.

"I feel like I'm going to the street to buy goods. When I encounter a large amount of clearance, I can't help but spend it." Yang Ji'er said to Chen Mingluo with a smile.

Chen Mingluo also smiled and said, "I just saw you looking bored. Why did you feel happy after spending so much money?"

"Women are born to be shopping crazier, and the process of spending money is actually a supreme enjoyment. Spending money in the stock market is no essential difference from spending money in the supermarket." Yang Jier replied.

"This statement is quite novel." Chen Mingluo thought about Yang Jier's words, but he found it interesting.

In the evening, Chen Mingluo sent Yang Jier home as usual and talked to Sang Mingda about the progress of student innovation practice activities at Xiling University.

Because the news that came out before was quite popular, even Sang Mingda is now paying attention to this matter and believes that Chen Mingluo did a good job in this regard. Even the joint inspection team composed of the State Education Commission and the State Science and Technology Commission praised it very much, which is naturally outstanding. He, as the secretary of the provincial party committee, cannot ignore it, and must ask about the situation.

Otherwise, if this matter comes to the ears of the big guys above one day and they just ask about it but don’t understand the situation, wouldn’t that be blind?

"Colleges and universities everywhere are carrying out this innovative practice activity, but only Xiling University is the most successful. Do you have any secrets here?" Sang Mingda was very interested in Chen Mingluo's work.

"There is no secret or something--" Chen Mingluo naturally could not make a big statement when facing Sang Mingda, the secretary of the provincial party committee. "If there is really something special, it is that we have successfully combined practical work and commercialization, so the current changes have occurred, allowing innovative practical activities to sprout at the Xiling University Students' Roots."

"Oh, successful commercialization?" Sang Mingda muttered to himself, then he had some insights and understood Chen Mingluo's original intention.

In fact, universities across the country are engaged in innovative practice activities, but few of them have done well. The main reason is that most universities do not have sufficient activity funds to support them.

In such activities, whether it is the purchase of base equipment or activity funds, a lot of money is needed to support it. There is not so much sufficient funds within universities to support such student-led practical activities, so many bases need to find ways to solve the funding problem themselves.

Chen Mingluo successfully solved this problem. He put forward clear requirements for the practical direction of the base, and at the same time, the commercialization of finished products was carried out, forming a perfect balance between the two. Commercial operation can obtain technology and finished products from the base, while the base can obtain sufficient R&D funds from the commercial operation.

As a result, the funding problems that plague many colleges and universities were successfully resolved by Chen Mingluo.

But no matter from which aspect, the key to doing this work at Xiling University is that they have a suitable leader, that is, Chen Mingluo.

It is precisely because Chen Mingluo has clarified a very intuitive development direction and has set clear initial, medium and long-term development goals that everyone knows what they want to do and what benefits they will bring to themselves.

With these understandings, Xiling University’s innovative practice activities are accepted by students and are willing to devote themselves to it. This is completely different from the activities of catching things in other universities.
Chapter completed!
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