Rebirth 76: Industrial Internet Empire

The wildest day of the 2000 stock market crash. The Nasdaq recovered its losses after plummeting 13.6%, and finally fell only 1.77%. this

Lin Xi, who had been staring closely at the market, finally breathed a sigh of relief and said excitedly: "Yang Mo, it's done! Thanks to the Justice Bureau for stabbing Microsoft, the bubble of technology and Internet stocks has completely burst..."

Yang Mo shook his head: "It's too early to draw a conclusion now. The unilateral decline caused by this panic cannot last for two days without the cooperation of trading volume!"

"Mr. Yang, should we take the opportunity to smash the market?" Li Heping asked.

"It's hard for a clever woman to make a meal without rice! We have used up all the share reductions in our hands, and we are temporarily unable to borrow securities from securities companies to short-sell..." Yang Mo said with a bitter smile.

"The shareholdings of affiliated companies are very small. They can reduce their holdings at any time. Should we let them reduce some of their holdings?" Li Heping continued.

Yang Mo thought for a while, then shook his head and said, "Let's forget it, right? The delivery day is still early! We can't play all the cards in our hand at once, good steel still has to be used on the blade!"

Lin Xi sighed: "When will the US Securities and Exchange Commission cancel the price increase trading rules? Our hands are tied. We can't reduce our holdings, borrow securities, or sell naked short. Our fate is in the hands of others!"

Yang Mo chuckled and said: "This can be regarded as protecting small and medium-sized investors! Otherwise, if there is unlimited short selling, the securities market will become a cash machine for capital!"

"Actually, it's not that our fate is completely in the hands of others. As long as we prepare sufficient funds and the stock price starts to rebound, we can borrow securities or naked short selling to smash the market. The multi-party camp cannot control the situation!" Li Heping said.

"Although I say that, my hands are tied. I can't defeat the bulls in one go. It's not as good as the ups and downs of Nikkei futures..." Lin Xi complained.

Yang Mo frowned and said: "Nikkei futures don't have such a large trading volume. After participating in several futures transactions, why do you still have a gambler's mentality? Do you still like big ups and downs? If you go back to before liberation overnight, you will be in trouble!" "

"It's on the line again! I'm just complaining! Besides, with you watching, no matter what happens, the whole army will not be wiped out!" Lin Xi defended.

…………

Some are happy and some are sad.

Unlike the smiles on Zhiyuan Investment's side, the entire Chicago branch of Furong Bank has been shrouded in gloom.

Starting from the sound of breaking tea sets coming from the CEO's office, everyone was so frightened that they dared not speak out...

Yasuda Kaga was in an extremely bad mood. The failure of the Microsoft hearing was like the straw that broke the camel's back, completely disrupting his plans.

I hold many Nasdaq futures orders, and my book has already begun to suffer heavy losses. If nothing unexpected happens, technology and Internet stocks will continue to plummet tomorrow. Has the Internet bubble burst just like this?

"Yumiko, go check and see if there has been anything unusual in the Maekai department in the past two days?" Yasuda Kaga said while looking at Yasuda Yumi who was squatting on the ground collecting the pieces of the tea set.

"Your Excellency, President, I have checked! This plunge has nothing to do with the Qianhai Clan. Their reduction share has been used up. Most Internet stocks are in decline, and they are temporarily unable to borrow money for short selling..." Yumi Yasuda [-] Ten said.

"What about Nasdaq futures? Are they just standing still?" Yasuda Kaga asked with a frown.

Yasuda Yumi shook her head: "I didn't see any signs of them closing their positions! On the contrary, they increased their short positions..."

"You increased your short position? Why didn't you report such a big thing?" Yasuda Kaga asked.

"I just learned about it and am preparing to report to you. However, their short positions are also very limited. The long orders we placed last week were not taken over by them, but a mysterious account took over all our orders." Long contracts..." Yasuda Yumi explained.

"Nani? A mysterious account?" Yasuda Kagami asked in surprise.

Yasuda Yumi nodded and said: "Yes! The specific information of this mysterious account has not been traced yet, but what is certain is that the short side has a large amount of funds to enter the market..."

Yasuda Kagami fell into deep thought, and he had a bad feeling in his heart, as if he was in a wilderness, surrounded by a pack of wolves, staring at him with green eyes like will-o'-the-wisps, ready to swarm him at any time and tear him into pieces. !

Tuesday, July 4.

Panic continues to spread.

The Nasdaq index continued to gap and open lower, and fell sharply at the opening.

In order to protect themselves, major securities firms have successively increased their margin ratios, and a massacre of small retail investors has begun.

If you are a small retail investor with no follow-up funding guarantee, and you use more than 3-5 times capital leverage, congratulations, the subsequent rise or fall of the stock market will have nothing to do with you, because you will be forced to liquidate your position and invest in All the money in the stock market will be gone in a matter of hours!

At the close of the morning market, the Nasdaq plunged 522 points to close at 3640 points, with a drop of 13.6% in half a trading day, once again creating Nasdaq history.

This is a typical short seller's use of technical breakthroughs to sell down!

Some fund companies with high positions reduced their holdings in a panic, and securities firms took the opportunity to attack small retail investors with insufficient reserves...

Yasuda Kaga fell on the sofa with a dejected expression. There was no miracle!

3640 points! The distance from his own position cost is as high as 1000 points. If delivered at this point, Furong Bank's profits in the past few years will be wiped out, and he himself will be completely nailed to the pillar of shame of the Yasuda family!

"Your Excellency, President! You have to cheer up. There are still a few months until the delivery date, and the end is not yet reached!" Yasuda Yumi comforted.

Yasuda Kaga said with a sad expression: "There will be no more miracles! If my guess is correct, the funds promised by the major Furong chaebols to provide us should have also been ruined. Yumiko, please go out! Let me be alone for a while. …”

Yasuda Yumi said anxiously: "Kaga-kun! This game has just begun, and it is far from time to give up! The stocks held by small retail investors who were forced to liquidate their positions did not become real sell orders, but were transferred In the hands of brokers, the brokers will not let these stocks continue to depreciate. Believe me, they will personally support the market. Otherwise, what is the point of them harvesting retail investors? Is it just to protect themselves? "

Yasuda Kaga suddenly opened his eyes, quickly stood up and walked to the computer screen, clicking the mouse continuously...

"Yumiko, you made a good judgment. Although the trading volume hit a record high in early trading today, there was no obvious selling from the major securities firms, and the major capital giants did not clear their positions regardless of the cost..." Yasuda Kaga said with relief. .

"Your Excellency, President, what should we do next?" Yasuda Yumi said with a face of joy.

"Work with brokers to boost the market! Continue to sell long Nasdaq futures orders and spread the cost!" Yasuda Kaga's face regained confidence!