August 30, 1996 is worth thinking about repeatedly for everyone who speculated in stocks that year. After the bombardment of the major TV stations across the country at noon, after the reopening of the market at half past 1 o'clock in the afternoon, the stock market fell into a more bizarre situation than in the morning - first, the market rose slightly according to the momentum of the morning, but it only moved for less than 10 minutes, and the trading of the entire stock market entered a state of stagnation, as if the whole country stopped buying and selling operations at the same moment, neither one bought, but also did not sell, and the change in data was extremely weak, so weak that it was like the large-scale physical death of bookmakers and retail investors at the same time.

There is no doubt that everyone is waiting and watching.

The Mingde Institute of Economic Research, which not many people knew about until then, was a state-level think tank, and in just a few hours, it became an organization known to even the stock speculators who sold sweet potatoes on the streets of Oucheng District, and everyone stared at him as if they were staring at the most reliable inside information in the country -- what could be more accurate and reassuring than the voice of an institution that could influence the direction of national policy? But now, this institution has voiced its voice of "opposing the rise in stock prices."

Panic and suspicion have spread throughout the market. The factor that maintains the rationality of shareholders is actually an eight-year-old child, and the latest news that the box office of "Party A and Party B" has been winning one after another, exceeding 80 million in one fell swoop.

Do you believe in the Mingde Institute, or do you believe in Lin Miao's role as a weather vane?

All of them are restless, hesitating, and ready to move. Entered the market relatively early, from April to now, a full four months, even if there is no allocation, if you throw it away immediately, you can arbitrage close to 180%.

One dollar goes in, two dollars come out, and I earn enough.

However, two dollars and eight don't seem to be complete, is three dollars good?

Retail investors are struggling and hesitating, but large investors are more panicked than retail investors.

After the opening of the market in the afternoon, the broker of Hucheng Securities called Lin Miao and analyzed with Lin Miao for a full twenty minutes how precarious the current situation is, and even almost opened up to speak, a certain party will be unable to hold back, if it runs away, the possibility of causing the market to collapse will be as high as more than ninety percent.

Lin Miao didn't know how the other party's ninety percent probability was calculated, but she didn't care. If the stock market is really going to collapse, he will lose 200 million yuan in capital and tens of millions of interest paid during this time, but now the hat that caused the stock market collapse has been buckled on the head of the Mingde Institute of Economic Research, and the people on their side are at least politically safe.

Although there was no gain, and there were large losses on the books, at least a strategic victory was won and some respite was obtained. In the future, as long as we stop engaging in this kind of action that is easy to be labeled as "endangering the country's financial security", no matter how much the other party bites him, it will no longer affect the overall situation. To put it bluntly, he was just an eight-year-old child. The current situation is a complete coincidence.

If it weren't for Yuan Jiajie's revenge, he could have made a fortune in secret, but things have developed to this point, just in time for the stock market boom and the eve of the 15th National Congress of the Communist Party of China, all kinds of complex factors are intertwined, and finally pushed him, an eight-year-old child, to the front of history.

And now, this struggle, which is invisible to the smoke of gunpowder but will be wiped out if we are not careful, will finally have a result soon.

At this noon, Guo Heling's lifelong connections have all exerted their due strength, and a black cauldron that has shrouded everyone's heads for four months like a dark cloud has finally been successfully thrown on the opposite head.

To be able to do this, it is indispensable to have one's own forbearance, human greed, the weight of the above, the cooperation of the opponent, and the clever operation of the relatively weak oneself in an extremely unfavorable situation.

It's not good to be early, it's not okay to be late, it's not good if it's weak, and it's not good if it's strong.

The stock market will not collapse, and the hearts of the people will be lost......

Not only that, but it has also succeeded in forcing a few people who God knows if they have anything to do with it to stand up and say a word in order to break the situation once and for all and steer the situation in a certain direction. Either the results will come out immediately, or it will provide an opportunity for Lin Miao and them to further gain a foothold. This kind of invisible contest is invisible, incomprehensible, or incomprehensible to outsiders, even if it is Lin Miao who is in the game, many times he can only follow his intuition and make a dynamic judgment on the situation.

Next, the reaction of the Middlebury Institute will be key to this game......

At half past three in the afternoon, the Dongou Stock Exchange ended the day's trading in silence.

People scattered to the ground, each with a pensive expression on their faces.

Many people have even regretted why they didn't sell their shares.

Who knows what kind of turmoil will happen to the stock market when the market opens next Monday......

Zhang Huang and the seeds of fear, with the arrival of the weekend, accompanied by all kinds of uncertainties, took root in everyone's hearts, and on this day countless families had disputes, the husband blamed his wife for being stupid, the wife blamed her husband for being greedy, and the extreme cases of getting each other to cut each other happened everywhere. After a noisy Friday night, by Saturday morning, almost all investors decided that the stock market was going to crash.

But in this piece of misery, when the sun rose in the east, the voice of the "Mass Daily" spread all over the motherland, and the original wail went to the ground, and in a blink of an eye, it radiated excited and irrepressible cheers.

On Saturday morning, a comment entitled "Securities Economic Activities Are an Express Train to a Well-off Life" was like a guiding light, illuminating the road in front of all shareholders, commenting on the title in front of the three words "Mo Yishi", "Professor of the Department of Economics of Beijing University", "Chief Researcher of the Mingde Institute of Economics of Beijing University", these words are like a shot in the arm, pulling the wife or husband who was almost killed the night before back from the death line.

The Middlebury Institute has spoken! The Middlebury Institute is bullish on the stock market! The Middlebury Institute is on the side of the investors and the country!

"The opening of the stock market is one of the means and expressions of the further improvement of the socialist market economic system, and the state allows social capital to freely participate in the activities of buying and selling shares of listed companies, the essence of which is to catch the express train of social development for the people, open up a road with a low entry threshold, and let the dividends of social development be distributed to everyone more evenly.

Social capital and listed companies are mutually accomplished, and listed companies are not only the achievements of national construction and development, but also the engine of national construction and development. Social capital is the capital of the people, and when the power of the individual and the state is linked together by the stock market, this forms a joint force of the people of the whole country to think in one place and work in one place.

This joint force not only maximizes the power of the market and capital, but also ensures the direction of our development to the greatest extent. This year's upward trend in the stock market is a concentrated manifestation of this irresistible trend of economic development and social cooperation......"

Lin Miao got the newspaper in the morning, and after reading this article, while breathing a sigh of relief, she couldn't help but shake her head and sigh.

"It's so shameless. Sitting in Wei Jun's office, Lin Miao had a new understanding of the lower limit of literati.

Wei Jun and Xun Jianxiang were all happy, but Guo Siqi, who was very surprised to leave but did not succeed, made a very puzzled voice: "Teacher Xun, Uncle Wei, what are you laughing at? Why do I get more and more confused? Mingde Research Institute, didn't it support the rise of the stock price from the beginning? Why did it somehow become like this?"

Wei Jun looked at Xiao Douding, who was putting down the newspaper and smacking at the milk bottle, and said with a smile: "Miao Miao, explain it to your little nephew." ”

Lin Miao snorted her milk and turned her head to look at Guo Siqi.

Guo Siqi frowned, very irritable.

Lin Miao increased her strength and finished it in one gulp, then burped and said slowly: "This matter is more complicated, in order to make it easier for you to understand, I will start with the situation from the beginning." From the very beginning, there were two sides of the spectrum that had problems with the development perspective, and that was the biggest background. ”

Lin Miao said and got up from the chair, put down the bottle, walked to the small blackboard in the office, picked up the chalk, wrote a few words, forked the characteristics of the forked path, and continued: "In fact, the routes are all compromised, some people insist on this road, some people insist on that road, and finally mix together, that is, there are both characteristics and isms." But compromise definitely does not mean that you will be with the mud from now on. Moreover, where there are contradictions, there are always primary and secondary aspects, some strong and some weak, the strong side of course wants to be stronger, and the weak side cannot give up because it is weak. Therefore, as the weak side, no matter how difficult the situation is, we must retain our voice, and the strong side, no matter how favorable the situation is to them, as long as there is an opportunity to unify their voice, we will definitely not miss it, and sometimes we will take the initiative to find opportunities to seek this unity as much as possible. ”

Lin Miao spoke, chalk kept drawing circles on the two key words of characteristics and ism, and asked Guo Siqi, "Can you understand?"

Guo Siqi nodded.

"Okay, then let's talk about our incident, our incident this time is actually an attempt by the strong to unify the weak, the fuse is that I borrowed 200 million, operated in violation of regulations, and was caught by the other party. If the other party can cut on me, then behind me, including my master, your grandfather, and everyone in this office today, can shut up in the future, then our already weak voice will become weaker. I can't assert that if the other side wins, there will be problems with China's development path in the future, but in terms of impact, there will definitely be some of them. When Lin Miao said this, she paused again and asked again, "Is it understandable?"

Guo Siqi thought for a while, and continued to say with a serious face: "So this time, it's because you made a moth that you need such a large group of people to help you wipe your ass?

"Big brother, I'm also a victim. Lin Miao put down the chalk and clapped her hands, "Actually, this time it was just an accident, and it was because of some unstable factor outside the field that Lan Fang grabbed me as a handle." At first, they tried to kill me through public opinion, but they didn't succeed. But after the stock market went up, they came up with a new trick, which was to roast me on the fire.

To put it simply, it is to instill two concepts in the society: first, if I withdraw my capital and cause the stock market to crash, resulting in the destruction of ordinary people's families, then I am a sinner; second, if I do not withdraw my investment, but the stock market still collapses, which also leads to the destruction of ordinary people's families, then I am used by people with intentions to divert the attention of stockholders, although I am a victim, I am also a sinner. And whether it is the first case or the second case, the cause is that I took out a loan in violation of the law.

Since my master and your grandfather have already given me the platform, he has nothing to do with this matter. Then at this point, although neither your grandfather nor I have reached the step of committing a crime, the mistake is to be confirmed. In politics, you don't need evidence, you just need to feel, and as long as everyone feels that you are wrong, then you can shut up. If a person shuts up, then he is politically dead and does not exist. Therefore, the blue side tried every possible way to make me bear the blame of the stock market crash, the purpose is not me, the ultimate goal is to weaken our voice. ”

Guo Siqi immediately said: "In that case, why didn't they use economic or administrative means to detonate this thunder from the beginning?"

Lin Miao smiled: "Young man, is it so easy to do things in this world?"