The collapse of the Internet bubble follows the same route as the stock market crash. It first fell by a thousand points all the way, and then turned into a seesaw game of bulls and bears, that is, the bulls rose for two days today, and the bears suppressed for two days tomorrow, and the harvest market is constantly recurring.

Of course, the bears' gains still account for most of the time, and this is true. In the two months after the collapse of the Internet bubble, Nasdaq dived from 5124 points at its peak to 2216 points, with a drop of nearly 60%. In contrast, in the following year, Nasdaq fell more than 1,000 points and almost fell below the 1,000-point mark. It's all a slight silence.

Maybe you don’t feel anything when you look at such a few thousand points index, so you just need to substitute a little bit of index and there are hundreds of millions of dollars behind it, and that’s clear.

In just two months, Nasdaq alone has evaporated 6 trillion US dollars. You should know that the annual GDP of China has only just exceeded one trillion US dollars this year. It is easy to imagine how terrifying the collapse of Nasdaq is, which is equivalent to collapse of five Chinas!

No wonder after the bursting of the Internet bubble, there were also Wall Street tycoons in Morgan and Rockefeller's manors, all of whom were partying to celebrate every day, making so much money at once. If you don't enjoy it well, you would be so sorry for yourself.

Of course, what makes them happier is that after the Nasdaq collapse, Zhou Ming and Huaxia funds were not involved. Not to mention that the 6 trillion yuan of funds could be used to their pockets, but at least the wealth would not go to outsiders.

For this reason, more than one person shouted proudly at his banquet: "I laughed that Zhou Ming was still too young and lacked enough financial wisdom. This kind of money game can only be our patent! He thought it would be enough to use the situation to go long to push the Nasdaq index to a high point, and then cash out at the right time to leave the scene? But in fact, this is just the beginning. When the Nasdaq collapsed later, the index fell all the way, which is also the best time to make money. This is something that Chinese people will never understand in their lifetime!"

"This is the foundation. It's like a beggar at the door of the exchange. Even if he makes a million dollars by speculation, it doesn't mean he can really become a millionaire. It's a beggar with a million dollars. Because financial games are not simple gambling. He can happen to win once, but it's impossible to win every time. He doesn't understand how to run this money game..."

However, these people who are crazy about their own party do not know that their attitudes and ideas are exactly what Zhou Ming hopes for.

On September 23, this was the time when the Nasdaq collapsed the most. In the hour just ended, the Nasdaq plummeted by 100 points, causing countless media to exclaim that this was "the collapse of the mountains."

In the office in San Francisco's Frank Plaza, Zhou Ming was listening to the analysis of the market by Chen Shuyening and Li Yang.

"Teacher, there is no doubt that the current plunge is so much, and it must be the result of other capital intervention. I am very inclined to have a large-scale force in the consortiums such as Morgan and Rockefeller." Li Yang said.

Forced positions is a common method in futures operations. Since futures trading is basically margin trading, this trading model helps investors to make big profits with small amounts of funds and leverage the market with a small amount of funds. But similarly, if the market fluctuates too large, the demand for margin will inevitably increase accordingly.

This is often listen

If you get a position, you will be forced to close the position if you don’t replenish it in time. This is the difference between futures and stocks. If you buy the stock, you will be in your hands. As long as you don’t delist, you can get some money back. However, once futures fall, you may lose all your money.

In the index futures world, once unexpected fluctuations occur, whether long or short, in order to continue holding contracts, they must continue to replenish positions and increase margin.

In this case, if the short sellers want to expand their results, they will continue to suppress the index and force the longs to give up and continue to hold contracts. This is to force the position. Once the longs give up the contract, the market will be one-sided, and then fall more severely, and the shorts can obtain greater benefits.

Zhou Ming nodded and said that he had expected this situation. After all, capitalists did not see the reason why they didn't want to move gold home.

Then Chen Shu and Ye Ning told Zhou Ming that according to their calculations, the investment in this short selling incident by the giants such as Morgan and Rockefeller is quite large, because according to their investment model, at least tens of billions of dollars have flowed into the short side.

This analysis made Huang Rong and Director Shen, who attended the meeting, very excited. Their eyes looked at Zhou Ming as if they were looking at the eternal god.

Because this is what they hope for.

After all, their open acquisition of American factories will inevitably lead to disgust from American capital. More importantly, compared with the American wealthy families who have never short of money, the funds they have on hand are really nothing.

Then the best way is to have something to attract their attention.

Zhou Ming chose this result on the collapse of the Nasdaq Index.

Zhou Ming deliberately pretended not to know this kind of thing, throwing out this 6 trillion super cake and not sharing the cake with them. When they invest all the funds into the short sellers, it will be relatively easier to acquire the factory on their own.

"What about Dow Jones? What's going on there?" Huang Rong asked, after all, this is what they care about the most.

Chen Shu said that compared with the Nasdaq's sharp drop, the situation on the Dow Jones side is relatively stable: "Compared with the peak of 12,000 points two weeks ago, it has only dropped less than 300 points now."

This made Huang Rong and Director Shen feel disappointed: "There are less than three hundred points."

Zhou Ming told them not to underestimate these 300 points, which is already rare for Dow Jones.

Because Dow Jones is not as good as Nasdaq, Dow Jones is an old-fashioned industrial index, which represents stability. In addition, most of the investors invest in Dow Jones are institutional investors, and they are different from retail investors. They will understand their investment direction more and tend to hold shares for a long time rather than easily following the market.

Of course, the most important point is that the Dow Jones has a larger basic market and is easier to resist risks.

To give the most intuitive example, the Nasdaq index represents 300 million US dollars, while the Dow Jones index represents 1 billion US dollars. Therefore, even if the Dow Jones evaporates the same money as the Nasdaq, the index shows only one-third of the Nasdaq.

"So from this point of view, Dow Jones fell by nearly 300 points, which is already a lot." Zhou Ming explained to Huang Rong and Director Shen and others.

Compared with the overall decline of Dow Jones, Zhou Ming cares more about the

The situation of enterprises is, after all, Zhou Ming is planning to take advantage of the chain impact of Nasdaq on Dow Jones to buy some industries in the United States. The Dow Jones market fell by only 300 points, but these 300 points are not evenly shared, but some are unlucky and some are still rising. What Zhou Ming needs now is to find out these unlucky companies.

"Due to the six consecutive interest rate hikes by the Federal Reserve, coupled with the impact of the current Nasdaq crash on the entire market, most traditional industries in the United States have seen a very significant decline compared to before, but the impact is not obvious. Only these companies have relatively more important impacts."

Chen Shu said as he took out a list, which he and Ye Ning sorted out based on the stock market during this period.

Zhou Ming and Huang Rong took it and looked through it. These were the lists and situations of these industrial enterprises in Dow Jones. Originally, Zhou Ming only read it on a routine basis, but he saw a familiar name in it: Harvey Machine Tool Company.

"Why is this company also in it?" Zhou Ming asked curiously.

Zhou Ming cannot help but be curious because he knows that Harvey Machine Tool Factory is one of the top machine tool manufacturers in the United States and even the world, especially in the field of CNC machine tools, which is definitely world-class.

Not to mention that Harvey Machine Tool Factory is also adjacent to a space center like Houston. The forging of various high-precision equipment in the aerospace industry is inseparable from high-performance machine tools. Therefore, in theory, the profits of Harvey Machine Tool Factory will be very stable, and the stock price will not fluctuate with the storm. But what is the situation now? In terms of the materials in Zhou Ming's hand, the Harvey Machine Tool Factory's stock price actually fell by more than 10 percentage points in a single day.

Ye Ning seemed to have known Zhou Ming had to ask a question for a long time, and was ready. When he heard Zhou Ming’s question, he immediately replied: “This is actually related to you, teacher, and your fair in New York.”

Ye Ning told Zhou Ming that because Elskin lost a large order from China at the expo, he returned to Texas and was immediately questioned by the board of directors. The company's shareholders immediately initiated the impeachment of the company's president Elskin, demanding that he be responsible for the company's loss of large orders.

"Originally, Harvey's stock price fluctuated for a period of time. This time, affected by the Nasdaq collapse and the overall downturn in Dow Jones, Harvey became one of the companies with the largest declines, and the market value loss has now exceeded 30%. "Ye Ning said.

This situation surprised Director Huang Rong and Director Shen. Unexpectedly, a top machine tool factory in the world would be affected so severely due to an order error.

"There should be other people behind this," asked Director Chen.

This must be the result, otherwise it would not have been such a severe impact just by making an order mistake.

Besides, Harvey has not received the order, but has received a portion of it, earning tens of millions of dollars. Why is it like they have lost tens of millions of dollars in the current situation?

"This is capital. They will do this as long as they feel profitable. They will not care whether this is reasonable or not," said Zhou Ming.

After Zhou Ming learned about the financial situation of Harvey Company, he told Director Huang Rongchen and others: "This Harvey Company is handed over to me, and you are responsible for other companies."
Chapter completed!