On September 13, the Federal Reserve announced a hike in interest rates, with an adjustment of 20 basis points.

A very short news that was inconspicuous flashed across the radio.

The smaller the number of words, the bigger the matter. This is a classic law in the news broadcast. After all, people who want to do big things cannot say a lot like talking shows before doing things, let alone some things themselves do not want to attract too much attention, such as the Federal Reserve's interest rate regulating.

The five consecutive interest rate hikes have already brought interest rates to a very dangerous position. It can be said that the bubble has swelled to the limit, and this time it will be pierced. Even Green, who is as strong as the financial tsar, cannot be careless.

If you are a little more alert or have been prepared, you will of course notice it, such as Zhou Ming and Chen Shuye Ning.

Zhou Ming rushed into Li Yang's office as soon as he heard the news, asking him to sell all the stocks in his hands at any cost.

In fact, Zhou Ming doesn't need to remind you. Li Yang has been waiting for this moment. He has been paying attention to news from all channels. Therefore, when he heard that the Federal Reserve was about to release the news today, he was already selling it. Even when Zhou Ming came over, he was already studying which stocks could be given to stocks that could rise against the trend in the case of the Nasdaq collapse.

In Li Yang's words, it is now in a state of panic. The Federal Reserve will not hold a press conference for no reason, it will definitely raise interest rates.

Zhou Ming and Chen Shuye Ning both praised Li Yang as a short-term researcher, and his vigilance was obviously much stronger than theirs.

Since Li Yang's selling time was before the news came out, the market was still in an irrational madness at that time, his selling was easier and did not stimulate the market. It can be said that he achieved theoretical maximization of returns.

However, as the saying goes: every economics student understands that when the shoe shiner at the entrance of the New York subway station can talk to you about stocks, it is the most dangerous time for the stock market, but when these students enter the fund company, they all forget the truth.

This is the case in the whole United States. When the Nasdaq index rose for three consecutive years, everyone lost their minds. Therefore, when the news of the Fed's interest rate cut came out, most people's first reaction was: this was just another simple adjustment.

Even after the Federal Reserve announced a rate hike, the Nasdaq fell. Investors in the exchange hall were still enthusiastic, and there were still people discussing that this was a good time to buy at the bottom.

After all, the Federal Reserve has raised interest rates five times in a row before this. After each interest rate hike, Nasdaq will fluctuate for a period of time. Every fluctuation will have rumors that Nasdaq will collapse.

But what is the result?

Each time, the Nasdaq not only did not collapse, but it showed a stronger increase after experiencing fluctuations.

Therefore, most people habitually think that the same is true this time. Even in the cafe at the entrance of the exchange, you can often hear people hoping that the Nasdaq will fall a little harder this time so that he can enter the market to buy at a lower price.

God seemed to have heard the prayers of his people, so on the day of the Fed's sixth interest rate hike, he dropped all the index that had just broken through 5100 points. Not only that, in the following trading days, the Nasdaq continued to fall and soon fell below the 4800 point mark.

.

"Don't be afraid! This is just a technical adjustment in the market. You see, the Fed has raised interest rates. If the Nasdaq does not fall, wouldn't it be a shame? So the current decline is just a temporary adjustment, but it is just artificially suppressed by the Fed. Not only is there no danger now, it is a positive signal for the future bull market!"

I don’t know how many stock brokers tell their clients like this on the phone, and I don’t know how many investors are angry with their partners like this.

Even the shoe shiner at the door of the exchange can clearly tell you how good the current market of Internet technology stocks is, can tell you the long-term moving average golden cross, can tell you the MACD bottom divergence, can tell you that Super Network has a batch of Internet stocks that are about to rise.

If the ideas of these people can affect reality, then Nasdaq would probably have rushed to the sun long ago.

So first of all, obviously, they can't.

So the weekend passed two days, and on the first trading day of next week, everyone came to the exchange with excited passion.

In their opinion, after a weekend of adjustment, the market should return to the normal state of rising all the way, but unfortunately the next development of things is not the case.

When the exchange opened on Monday, Internet stocks such as Coase and Super.com took the lead in plunging, and the entire Nasdaq appeared in front of all investors in a full-scale collapse.

Faced with this situation, whether it is the brokers and investors in the trading hall or the investors in front of the radio and TV, they are completely confused and cannot understand how this is.

Hello! It's already 4800 points, shouldn't it be bottoming out and rebounding? How can it continue to fall?

This problem popped up in everyone's mind in a daze.

But then they finally reacted: Nasdaq collapsed, this is not a fantasy, but a fact!

"Sell! I will immediately sell all the stocks, and sell them at all costs!"

The investors who reacted were all crazy and rushed to the trading window, and called their brokers like crazy. The only thing they repeatedly emphasized in their words was the meaning of selling.

"If it was last week, they might have a chance to cut their flesh, but by this week, they wouldn't even have a chance to cut their flesh."

Chen Shu and Ye Ning looked at the crazy appearance of these American investors in the news and commented like this.

As financial elites who followed Zhou Ming, they saw it very clearly. Since there were still many people who dreamed of buying at the bottom last week, you could find someone to take over when you sell at a low price. But this week, especially at the opening, stocks such as Coase and Super.com that were once "highly expected" were sold out in large quantities, which directly exposed all investors' last fantasies and placed the bloody fact that Nasdaq had collapsed in front of all investors.

So these American investors could no longer hold back and began to sell off one by one, which could not change anything except further aggravate the Nasdaq's collapse speed.

And there are only a few people who can really make phone calls here. Most people only have busy tones on their phones, and they can't even sell them.

"You said that this sudden opening sale is not the case, is there someone behind the scenes?" Li Yang said suddenly.

Li Yang's words

It reminded Chen Shu and Ye Ning that it reminded them that this opening sale was indeed a bit evil. Such a large amount of selling did not look like the spontaneous behavior of retail investors.

It is impossible not to say that Li Yang’s intuition is quite accurate. This is indeed not a simple spontaneous behavior of retail investors, but someone is shorting.

In the VIP room of the exchange, Piero and Freeman looked at the wailing pain of investors and stockbrokers in the hall. Not only did they not have any sympathy, they smiled and even wanted to open a bottle of red wine or champagne.

After all, for them, the more the guys below lose, the more money they make.

"I can only say that Zhou Ming is still too young and has been exposed to finance for too short. I admit that he may be very talented, but his background is still a little bit poor and he cannot be as comprehensive as us."

Freeman said to everyone in the room gracefully: "At least we don't need that Chinese gentleman when it comes to shorting Nasdaq this time. Since that's the case, we don't need to consider anything else. We just need to let Nasdaq fall to the most ruthless."

As Freeman said, everyone in the room smiled knowingly because they all thought so.

Later, these wealthy families did do this. On the one hand, they continued to increase short positions, and on the other hand, in order to prevent long positions from appearing, they kept throwing out adverse news from various Internet companies, from Coase's performance problems, to financial fraud of Super.com, and Vision Company's project fraud.

Every time these news is exposed, these companies are in desperate situations. For example, the stock price plummeted by the fake news of Super Network Company on the same day, and Vision Company even delisted and went bankrupt not long after.

Coase, the best-case scenario, also shrank its market value by more than 30% due to its performance scandal.

In addition to conducting single-point targeted blasting of individual Internet companies, these wealthy families also did not forget to launch offensives in the overall situation.

Whether it is Columbus Fox or North American TV stations, they, their secondary radio stations, and newspapers, the most economic comments every day are all about the Internet industry.

The famous economic commentator of Columbus TV directly called the entire Internet industry a "scam"!

I have read more than one so-called development reports and financial reports of Internet companies. I found that these reports are basically consistent, which shows that these companies are not thinking about their own development strategies at all, or they don’t need this thing at all.

Moreover, almost all Internet companies are not profitable, so you have to think clearly that the money you invest in and buy their stocks will become the villas and yachts of these Internet business owners, and invite those Hollywood actresses to start a party. This is a scam!

With the remarks that the Internet industry is a scam, the already bad situation has made the situation worse, and Nasdaq, which was already slightly more stable, suddenly started a new round of plunge.

As of the close of the 24th, the Nasdaq index fell below 4,000 points, which means that the Nasdaq plummeted by more than 1,000 points in two consecutive weeks of trading days, especially the five trading days in the second week, which was a record-breaking decline of 800 points.
Chapter completed!