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May earnings 7%
May market conditions are great, everyone!! I don’t know if you’ve all taken some big gains, but for us short-term traders, it’s not a good thing. When the market isn’t doing well, it’s easy to band together and create strange dragons. When the market is good, I haven’t seen any continuous limit-ups so far. Instead, those with a strong trend or those making initial limit-ups tend to perform better. Recently, the second wave of rebound trading has been quite popular. Today, Shengyang went up, but early on there was a panic sell-off, with a continuous decline. It opened at the zero line, and I couldn’t hold on—I sold at a loss. Even though it later hit the daily limit, given the situation at the time, whether I was strong or weak didn’t matter; selling was fine. Later, I looked at Tiantong, hesitated again and didn’t buy, then saw Baoguang, and thought of Mantis, Huadian—these all had second wave rebound limit-ups. Mantis had a 5+5 pattern, so if Baoguang mimicked that, it should have some premium. After going in, it kept underperforming, with huge turnover on the limit-up day! I wonder if any attentive friends noticed—when Baoguang was at 8%, the sell orders showed 30M, and I remember the limit-up sell orders were only about 10M, right?? Is this showing off muscles?? Later, it hit the limit-up in the afternoon, Mantis also exploded, Shengyang surged strongly, and it seemed like they were competing for position. Meanwhile, Baoguang, with a few million in orders, was locked in all afternoon. I was stunned—has the selling dried up? Tomorrow, it could be heaven or hell.