Chapter 25 The First Large
On March 29, 1997, the postal market was under the turn of the pan.
The sudden stampede of funds happened like an avalanche.
Tamura took the lead in falling all the way.
Except for the limited varieties released in the early days, they were still resistant, and only 20 percent of them fell.
Most varieties are cut in half within two or three days, or even more.
For example, the "tea culture" and "tofu festival" fell from the high prices of 18 and 1,030 yuan to 800 yuan and 600 yuan respectively.
The once-glorious "Mei Lanfang" and "Pig Card" were also smashed from 13,000 and 3,000 yuan to 7,000 and 1,05.
Low-grade chronicle stamps, low-grade souvenir sheets and postage covers were even worse, with a general drop of 60 to 70 per cent.
In addition, like "Hong Kong Cattle", "Classic Seven" and "Classic Eight", these Hong Kong and Macao stamps that Zhuoqun once profited from, are even higher and fell sharply, and they were discounted three times at once.
Not for anything else, just because the foundation of mass collection is weak, and it is difficult to shoot.
will form a deep trap from then on, which will make people look back forever.
Seriously, this kind of fall is like mercury pouring on the ground, and it is out of control.
Its momentum is the same as when it rose in the early stage, and no one has ever understood it.
This has directly led to a sharp decline in the flow of people entering the market, and a sharp contraction in trading volume.
As a result, the shortcomings of the limited liquidity of the postal market were completely exposed.
At the beginning of April 1997, most of the varieties in the Yuetan Post Market were already out of the market and could not be sold.
Not only are there few buyers, but there is no one who even asks the price.
Even the postal markets in Shanghai, Huacheng and Rongcheng have been affected, and the market has also begun to decline.
And I watched the coin card in my hand shrink every day.
Whether it is a bookmaker, a speculator, or a small and medium-sized retail investor, no one has a good taste in their hearts.
But that's nothing, and the disaster that everyone never expected is still to come.
Many of the owners who relied on raising funds to speculate on philatelic products in the market suddenly disappeared.
The "Old Six" was among them, and at the same time he disappeared, there were two large postal merchants who specialized in commemorative coins and postage cards.
This directly led to a bitter wail in the market.
"It's broken! 'Old Six', 'Marlboro' and 'Big Prawn' are all gone!"
"Impossible, right? I saw a few of them strolling around the market the day before yesterday!"
"How could it be. I heard that someone went to the 'sixth child' today to get this month's interest, and knocked on the door for a long time but did not see it open, and when I asked the neighbors, I found out that this kid had not come back for a few days! There was also 'Marlboro', and this morning I heard that someone saw him at the airport. Obviously, it was his wife who was holding the luggage behind him, but when he asked why he came, this kid said to pick up a friend. Talking nonsense with your eyes open. 'Big Prawns' even played the sign that his mother was critically ill, and he ran away with his wife and children. ”
"Ah, these grandsons are really immoral! I'm going to run away, and I still have 90,000 in the hands of the 'Sixth'. Heck, I usually save money, and I finally saved some money by relying on this market. I didn't dare to fry it, so I lent it all to this bastard. No, I'll have to go to him......"
"Are you looking for a fart? I had just come back from the 'Sixth', and the things in the house had long been emptied by someone, and there was nothing left. There are a bunch of creditors blocking the door of 'Big Prawns', who are endlessly talking to the landlord, and they have to break in to see. Brother, let's open something. Brother, I have lost more than you. The 'sixth child' alone swept away 120,000 of me. 'Big Prawns' also kidnapped me for 180,000 yuan, so I wanted to jump into the river. ”
"Ahh Obviously, these people lend money like this, and they have to take out millions of dollars in interest every month. Now that the market has turned around, they have smashed all the goods in their hands, where can they still pick them up? Now I know that I dare to love this money or hold it in my own hands!"
"Hey, what's the use of you saying that now? It's all an afterthought. If you want me to say that you also score people and divide your life. Both of us are bad fortune tellers. But someone's life is good. You see that Lao Meng also lent out 200,000 yuan, why is it okay? It's not because Wang Xiangui, who took his money, is shrewd. I heard that people saw that the market was wrong, so they immediately bought a plane ticket and went to Shanghai that night, got off the plane and took a taxi and went straight to the "Lu Gong Postal Coin Card Market". Then he stayed at the gate of the market for the night. The next day the market opened, and it was sold. This is the time to snatch it out, it's all up to your brain. Not only was he saved, but Lao Meng's money was also saved. ”
"Yes, yes, yes, and Lao Xu who sold the Tamura card before the crash. A few days ago, Lao Liu didn't laugh at the big heads, saying that Lao Xu's business was sweet, and he might not be able to make a few after removing the lost money. Looking at it now, Lao Xu's life is really good. It's worth it even if it doesn't make money. Even those who lent him money are happy. ”
"No, the entire Yuetan Post Market, I'm afraid that the old Xu has escaped this catastrophe perfectly. As the saying goes, if you don't die, there will be a blessing, and now Lao Xu is the number one in our market. You see that everyone else is eager to hang up the war card, and they can put off the debt problem or play blank slips, and now everyone is looking at the little cash they have as if they were fatal. Only Lao Xu's 'money' is big, and the principal and interest can be paid at any time, which is called a heroic and happy. But the more this happens, the more people want it. On the contrary, I am afraid that Lao Xu will repay the money, and there will be nowhere to eat interest in the future. After I look at it, this Yuetan Post Market is dominated by Lao Xu's family, and you can call for wind and rain in a word. Are you saying that people are cows or not?" ......
Cow or not?
Cow indeed!
Now even Director Pei, the number one in the market, is smiling at Boss Xu, and in turn wants to invite him to dinner.
Not for anything else, all because Director Pei has already seen the general signs.
It is estimated that this reversal is similar to the crash of the postal market in 1992, and it is destined to slide into a trough for several years.
I don't know how many people can't cry, and a large number of people who rely on the post market for food must be eliminated.
And he has inside information, and he knows exactly that the rumors of the relocation of the Yuetan Post Market are not groundless.
Indeed, there is a plan to set up a larger indoor coin market in Madian.
Boss Xu naturally became a big customer who had to be won.
Director Pei is still worried about the relocation of the location, Boss Xu can charter a few more stalls to reduce the rent pressure for him.
Therefore, since the relationship between supply and demand has been reversed, people's attitudes and identities must be adjusted accordingly.
It's a pity that neither Director Pei nor others in the market would have thought of it.
Boss Xu, the largest household with a lot of money, is actually not as high-spirited as they imagined.
There is also a mountain on Boss Xu's head.
He should also be honest and fearful, restrain his self-esteem, and listen honestly to the instructions of others.
Moreover, the person who disciplined him was still a young man who was at least one round younger than him.