The Rebirth of the Financial Hegemon

The mountains and rivers are always ups and downs, and the stock market is always ups and downs.

After the Thai stock market fell from a maximum of 1,798 points to 760 points, there was another strong rebound.

Especially blue-chip heavyweight stocks.

Several stocks including Thai Telecom, International Media, and Bank of Thailand.

In more than a month, the prices of these heavyweight stocks have more than doubled.

Led by heavyweight blue-chip stocks, the Thai stock market SET index also rebounded by more than 15 points.

Investors' panic gradually subsided.

The new Thai Prime Minister Chavalit delivered a speech.

Thailand's current economic environment is good, and the Thai stock market has the potential to continue to rise. He said that the Thai government will strongly support the development of the financial industry and manufacturing industry. He is very confident in the future of Thailand's economy.

When the Thai media rebroadcast Prime Minister Chavalit's speech, the well-known Thai economist Ba Mo made a detailed analysis.

Bamo thinks.

At present, Thailand's economy is in a small wave of decline in an upward cycle, which is a common economic law.

The rise and fall of the Thai stock market is a selective process of refining gold through fire.

With the Thai government's strong support for the financial industry, he believes that the Thai stock market will reach new highs.

In addition to Professor Bamo, many well-known experts in Thailand expressed their views on Thailand's future economic development when they were guests on the radio.

What is said is much the same.

Experts believe that Thailand's current economic development momentum is good, and there is no possibility that the stock market and real estate will continue to decline.

The stock market represents the future of a company.

When the stock market was hit hard, all stocks plummeted.

Experts say the decline is irrational.

Some of these high-quality stocks have absolutely no reason to fall.

This also means that the prices of many individual stocks are currently at the best golden position.

This is the time to buy at the bottom.

Take Chiang Mai Electrical and Mechanical as an example.

Chiang Mai Electromechanical has been profitable for two consecutive years between 1994 and 1996, and last month it signed an order worth US$100 million with Japan's Mitsubishi Heavy Industries.

With good profitability and high-quality fundamentals, Chiang Mai Electromechanical's stock price will definitely rise again in the future.

Some experts also expressed their views on the real estate industry.

Experts think.

In the past decade or so, Thailand's economy has developed well, and its population has grown rapidly. The demand for real estate is very large among the people who just need it.

In addition, real estate investment is also very popular among investors, and it is believed that real estate prices have reached a low value.

Perhaps Prime Minister Chavalit's speech played an role, or perhaps experts have fundamentally analyzed Thailand's future economic situation.

On the stock market, some stocks that were cut in half have rebounded to varying degrees, and house prices in Bangkok and Chiang Mai are gradually showing signs of recovery.

Bangkok, Stock Exchange.

Liu Qiang sat in the trading seat of Jushi Asset Management and issued various instructions from time to time.

This time, Jushi Asset Management invested a large amount of money in the Thai stock market, with the cumulative amount nearly exceeding 100 billion baht.

A considerable part of these funds are invested in heavyweight blue-chip stocks in the market.

On the big screen in the exchange, the trends of various stocks in the Thai stock market flashed from time to time.

On the main screen, the price of the SET index has also risen from a minimum of 760 to 955 points.

The weight of several leading stocks has increased by nearly twice as much.

International Media, Dongfang Electric Power, Bank of Thailand and other heavyweights are the main targets of Jushi Asset Management's attack this time.

"Brother Qiang, there are only eight points left in SET to reach the pressure level..."

The pressure level of SET is the percentage pressure of rebounding from the decline.

This position is the reversal position obtained by Liu Qiang through technical analysis.

From a physical point of view, if you want a pinball to fall to the ground faster and harder, you must let the pinball reach a high altitude first.

This is equally practical when applied to the stock market.

Only markets that have rebounded are easier to suppress.

Liu Qiang glanced at SET, who was still charging forward, and ordered.

"Let it go first and clean up the trash inside. International Media, buy 400,000 lots, Dongfang Electric Power, buy one million lots..."

That morning, the Thai stock market soared nearly 50 points.

It broke through all technical moving averages and resistance in one fell swoop.

In the sales departments of major securities companies in Bangkok.

Retail investors in twos and threes gathered together to discuss something.

Everyone's face was in high spirits, and many people were shouting excitedly.

Among the SET's sudden surge of more than 100 points, several stocks rose by more than 5%.

The leading heavyweight stocks rose by about 15%.

"Camellia, believe it now, I told you to buy Dongfang Electric Power with me..."

"Hey, I sold International Media yesterday..."

"What a pity. I was optimistic about Dongfang Electric Power yesterday but didn't dare to buy it..."

"Guess what, if you buy Chiang Mai Electrical and Mechanical with me, you can still make three thousand baht today. Let's see which bad stock in your hand has risen so much only to rise so little."

"I'm so angry. I was washed away by the shock of Dongfang Electric Power yesterday."

"Coward, haha... Do you understand that the brave will be starved to death and the coward will be starved to death?"

"If it doesn't work, I'll buy it when the market opens in the afternoon. The volume has surged today, and it will definitely rise again later."

"If it could rise for a few more days, I would be able to get out of the trap. Alas, it's a pity that I didn't have the money to add to my position at that time..."

"Haha, I increased my position, and I think I will be able to get out of the trap tomorrow."

"Yes, with such a large positive line, a large amount of money must have been invested, and there will be at least a few inertial positive lines behind it..."

"Hey, I had three empty SETs at the 960 pressure level. It was a big loss for me."

"Why is this pressure level useless? I was short at 940 and my loss was stopped."

“…..”

Some are happy and some are sad.

The Thai stock market has rebounded by 200 points in a row, allowing many new long investors to reap huge returns.

Even investors who were stuck in the early stage recovered a lot of losses during the rebound.

To paraphrase a later saying, it is called market sentiment restored.

Those who make shortfalls will be miserable.

During its nearly 50-point surge, I don’t know how many short sellers were blown up by the market.

Inside the Bangkok Stock Exchange.

Liu Qiang is presiding over the temporary meeting of the trading department.

In the morning, SET broke through 960 points in one fell swoop. While sweeping out a large number of technical short orders, it also attracted a large amount of capital buying.

The rules of zero-sum hedging exchange determine that teammates are opponents, and opponents can also be teammates.

This is equivalent to tactically clearing up some internal instability factors and laying friendly troops for the rear.

"Little Three, break 960 first when the market opens in the afternoon and sell out one third of Dongfang Electric Power's position. Xiao Four, clear out one quarter of International Media's position. Dragon, place a short position of 300,000 on SET..." ..”

The combat effectiveness of an army is often reflected in its coordination.

After countless transactions, the tacit understanding among traders is getting higher and higher.

Opening in the afternoon.

All traders were tapping quickly on the keyboard according to Liu Qiang's instructions.

Then…..

Investors in the Thai stock market discovered.

Things have changed.