Chapter 19 The market is hot

In March 1997 in Beijing, the air was already filled with the breath of spring.

But despite the sunshine, the temperature is still cool, which is known as the "inverted spring cold".

Interestingly, on the contrary, the post market is soaring all the way, and it is a mess.

Don't look at the price of various varieties of coin cards at this time, it is already very cold.

But don't forget, the law of the speculative market is to buy up, not down.

The more you go up, the more you buy, the more you fall, the more you sell!

This is not only the instinct of capital to pursue profits, but also the embodiment of greed and blind obedience in human nature.

It's like the familiar law of the stock market.

At the beginning of the market, there were definitely not many people willing to enter the market.

It's only after a sustained rise that people start to get moving.

When most people have made some money, people start to talk about it and start paying attention every day.

When someone makes a lot of money by trading stocks to show off publicly, others will exchange their savings for stocks.

After that, it must be that people who speculate in stocks say that stocks are good because everyone has made money.

The strong demonstration effect of others' profits can easily make later people lose their minds, and it will attract more people to find ways to raise money into the stock market.

It's really time for the gossip to be flying all over the sky and the media has begun to tout the stock market.

People buy stocks more than just use their savings.

Borrowing money everywhere, selling houses, embezzling public funds, etc., there will be no way to raise funds.

But often at this time, the market is already like a high-speed train that has lost control, "rumbling" in an unknown and dangerous direction.

To tell the truth, the Beijing Post Market in March entered the final crazy stage because of this herd effect of chasing up and down.

What was the Yuetan Post Market like at this time?

The first is the increasing number of people entering the market.

There are northerners, southerners, real stamp collectors, postage keepers, professional stamp dealers, speculators, bookmakers, and former stockholders.

There are also those who resell Treasury bills, those who resell electrical appliances, and those who resell steel.

In addition, all kinds of small traders and hawkers are also mixed.

For example, those who sell popsicles, sell breakfast, sell boxed lunches, sell fruits, sell clothing, drive taxis, open restaurants, etc.

Everyone's purpose is only one, that is, to use the cash in their hands to speculate on philatelic products to achieve the maximum value-added multiple in the shortest possible time.

To put it bluntly, the most common expression in the postal market during this period was the expression of longing for wealth.

Mixed with a little irritability, mixed with a hint of anticipation.

Like what?

That's right, it's like the look on a gambler's face when faced with a hole card revealed.

The bigger the bet that is placed, the more focused and breathtakingly focused.

Complementing the sharp growth in the number of people, the amount of capital entering the market is also increasing.

At this point, a hundred dollars ticket is nothing.

The astronomical numbers that most people think are a drop in the ocean in the Yuetan Post Market, and they are not worth mentioning at all.

In any ordinary stall, you can almost see customers with considerable financial strength stacking piles of cash neatly on the counter.

Once after some fierce bargaining, the final deal was closed.

Buyers will drop dozens or hundreds of banknotes in exchange for light philatelic products.

The merchant who sells the goods simply counts the bundles and throws them at the counter.

Usually within a few minutes, the money is transferred to the next counter.

If it takes a while, the cash will be transferred to another counter.

No one in the middle of the whole time opened the counts, they just looked at the number of bundles.

To put it bluntly, the money at this time really becomes paper.

There is no doubt that due to the continuous influx of a large amount of idle funds into the postal market, it is inevitable that the supply of all kinds of philatelic products will exceed demand in the short term.

If the previous market evolved like an atomic bomb, the current market is like a hydrogen bomb.

With the active participation of large, small, bright, dark, professional and amateur stamp speculators, the price of stamps is out of control like a kite with a broken string, and it is thrown to the point of dizziness in an instant.

In the case of the Tamura card, it is completely hard currency at this time, it is something more expensive than gold, and it can be said that if you buy it, you can earn it.

From the beginning of the month to the end of the month, the transaction price rose like a rainbow, almost without stopping.

The price changes so fast that it is not an exaggeration to summarize it as "three rises a day".

"Mei Lanfang" exceeded 12,000 yuan in one fell swoop, "tea culture" rose from 600 yuan to 1,600 yuan, and "Tofu Festival" rose from 380 yuan to 1,400 yuan.

As the saying goes, when the wind is strong, pigs can fly, and this is true.

The "pig card" really flew into the sky this time, and there were still people competing for 3,000 yuan a piece.

Even due to the temporary congestion of funds, sometimes there will be a strange phenomenon that money cannot buy goods.

As a result, sellers are reluctant to sell in anticipation that their philatelic products will soon rise, which aggravates people's delusion.

I really have to say that if the stamp market is going to rise, then the stock market will be dwarfed and become a pediatric.

Because the price of stamps can rise tenfold in a day, but stocks can't.

So during this period, there was a mantra in the postal market.

"It doesn't matter when and at what price you buy, you quickly regret when and at what price."

In addition, there is a very popular slogan, that is, "it is better to save money than to save a stamp card"

In short, the last rally in the stamp market in 1997 was violent, alarming, and fast, like a sudden tornado, which stirred up the already restless stamp market and made collectors and investors distracted.

Many legends of the true, false, and half-truthed and false stories of getting rich by speculating in the mail were spread at this time.

And such crazy speculation and such huge profit margins not only attract thousands of investors every day, like moths to a fire, but also make the vast number of people who rely on the Yuetan Post Market to eat happy.

For example, the Yuetan Post Market, which could only accommodate 5,000 people, was squeezed into more than 50,000 people.

On average, there are 10 people standing per square meter, which is really a "place where there is no cone to stand".

The ticket revenue alone is as high as 200,000 yuan a day, almost a hundred times that of before, and the leaders of Yuetan Park are crazy.

In the same way, because the price of stamps has risen too fast, the postal merchants who do business in the postal market are not able to keep their mouths shut these days.

Because the business is so hot, the stamp market has completely become a seller's market, and now only they pick the business, and there is no business to pick them.

Even the vendors selling boxed lunches and pancakes and fruits outside the east gate of the Temple of the Moon were crazy.

A box lunch that never exceeds three slices of meat actually costs 20 yuan a box, and ordinary pancakes and fruits dare to be sold for 8 yuan a piece.

But even if it's so dark, it's in short supply.

Just because there are so many people, the nearby restaurants can't digest it at all.

In front of each stall, there is a long queue every day.

But then again, even if it's good and everyone praises it, there will always be some negative effects.

At the same time, as the passenger flow of Yuetan Post Market has far exceeded the reasonable carrying capacity in late March, the safety problem is becoming more and more serious.

In addition to the rampant fakes in the market, the first thing to bear the brunt of is the problem of theft.

Tens of thousands of yuan are stolen every day, and there are many people lying on the ground crying and shouting.

So this just shows the wisdom and martial arts of Zhuoqun.

He had been prepared for this, and he would not be alone when he came here to make the final deal.

Instead, he was followed by 402's classmates as a horse boy, and there were four young men to protect him.

Look at him in a leather coat, wearing sunglasses, carrying a brand-new crown lockbox in his hand, and his expression is serious.

This scene is also quite eye-catching, and it has a bit of the momentum of doing a side-door business in Hong Kong films.