"Mr. Peterson, I'm really sorry, because of the time difference, Mr. Gu is resting. Otherwise, you wait for your side to close today, it should be morning here, and Mr. Gu will call you back. Li Qiaotong weakly apologized on the phone across the ocean.

"It doesn't matter, if today's temporary market fluctuates greatly, I will deal with it according to experience. I thought Gu was very concerned about the trend of the NASDAQ market recently, and would like to express some unique opinions and instructions.

Today, Wang An's computer and Apple have fallen by 17% and 11% respectively, and I think it will not take a few days for Wang An's pledged shares in Citibank to be at risk of liquidation. ”

On the other side of the ocean, Mr. Peter Peterson, the CEO of Blackstone Fund, seems to be very talkative, even if he heard that Gu Biao was temporarily rested and had no time to answer his call, he still patiently explained to the secretary, and asked Li Youtong to make a detailed record of the call.

The next morning, when the sky was still bright, Gu Biao pinched his feet and got up.

His movements were very light, and he did not disturb Xiao Sui, who was sleeping with a satisfied look. After putting on his clothes, he secretly went to the opposite suite, and observed Mina, who was sleeping sweetly, through the soundproof glass.

Only then did he steadfastly let the female servant serve him to wash up and have breakfast, and then asked the female secretary Li Wantong to sort out all the content accumulated last night to call back.

At the end of July, in the southern country, the dawn is very early, and at such a time, Gu Biao can make up the morning light, which can be seen that it is estimated to be more than four o'clock in the morning.

A woman who hurts herself is a woman, and if things can not be delayed, don't delay.

Business is not important, it is all shown to your own women in person. In the corners that women can't see, men should work their own, or they have to work hard.

The secretary who has no eyes is yī mǎ thing, and the remote control is another yī mǎ thing as usual.

"Boss, this is what Mr. Peterson wanted to report to you last night, and I have written it down. There are also two calls from the United States, but they are not business matters, this is the list, you can read them when you have time. ”

Li Wantong wore dark circles under his eyes and forced his haggard spirit to ensure that he did not make mistakes in his work. Fortunately, the little girl is young and energetic, and occasionally stays up late and deals with jet lag to deal with some affairs, so she doesn't have to stop cooking.

Young people just want to exercise. What's more, the salaries that Gu Biao gave to the secretaries and assistants around him were all absolutely conscientious and worthy of their hard work.

"Okay, well, yes, well documented, I can see for myself that you can go and rest for a while. Gu Biao took the milk cup, glanced at it, and then raised his hand slightly with the hand that served the milk and pointed to the lounge next door.

Li Xiaotong retreated quietly.

Gu Biao took the fresh milk that had only been delivered to the port from a tè gōng ranch in the mainland this morning, and chewed it carefully on a simple oatmeal bun while looking at the record.

The last time he drank was the small half-bottle of Romanée Conti he had drunk at the "Amphibious Club" two months earlier. Since coming back, Gu Biao himself has been very self-disciplined, he doesn't drink a drop of alcohol, and he hasn't smoked cigarettes for a year and a half.

Now, in the past three weeks, it is said that if you drink some red wine or something, you can already break the vows, and it has nothing to do with him anyway.

But who makes a successful person like Gu Biao very self-disciplined, since he is used to this new rhythm of lifestyle, he can stick to the new habit without much willpower.

……

After eating breakfast and wiping his hands, Gu Biao picked up the landline phone in the study and dialed Peterson.

"Pete, I read what you sent last night, Wang An's apple fell significantly, and the Nasdaq market fell by 4%. But the record is still a bit sketchy, I want to know what you did with the end of the day? Texas Instruments, Motorola, Intel, how were the stock prices of these companies yesterday?"

On the other end of the line, it was Peterson's turn to be tired and languishing.

After all, Gu Biao had just gotten up to eat and was in good spirits.

On the other side is an old man who just turned 60 last year, and after a whole day of intense brain games and transaction processing, he has just finished dinner:

"Intel's stock price is still quite strong, Motorola is slightly lower, and Texas Instruments is down 8%. However, the Dow Jones was quite strong yesterday, and when the Nasdaq fell sharply, the Dow Jones sold orders and soared, but it actually withstood it.

Before lunch, there were a lot of orders pressed there, but in the afternoon, many institutions reacted, heavy warehouse pallets, and a large amount of turnover, but in the end it still rose slightly. ”

Gu Biao pondered in his mind, and he couldn't understand it.

He secretly wondered: Could it be because of his butterfly effect, early literacy and bubbles, so it led to the big stock market crash in 87 years, and the wave broke out?

Historically, since last year, the U.S. stock market has continued to rise, with a big bull market for more than 20 consecutive months, and then suddenly it couldn't hold on to it in the fourth quarter and collapsed completely. {This is just a statement of history, Gu Biao doesn't know the specific time point of 'fourth quarter'}

Now, it seems that market confidence in tech stocks is showing signs of easing a little earlier than other traditional large-cap stocks. Maybe the instantaneous intensity of the stock market crash will not be as rapid as the same period in history, but it is estimated that in the end, large-cap stocks in traditional industries will still be unable to hold up after a large number of funds in technology stocks evaporate, after all, the objective conditions of the stock price at a high level have not changed.

This is a bit like a shock of level 7, because some inducements were triggered in advance, a vibration of level 6 came first, releasing part of the plate pressure energy, and then a level 6.8 vibration, and the total energy release did not change.

Today's information is not enough to figure out this problem, so I don't want to think about it for the time being, and observe it for a few more days. Gu Biao continued to ask more pressing questions: "Are all our funds on the NASDAQ empty, and how much is left in them?"

Peterson was a little embarrassed by this question, and said in a haggard tone: "So far, the part of the funds we have withdrawn, including leverage, has accumulated more than a billion US dollars, and this part of the net floating profit is as much as 460 million US dollars.

However, at present, there are still 280 million fund portfolios in it, and I have always felt that the price of these portfolios is unreasonable, or the amount of pallets is too small, and they will plummet as soon as they are thrown, so there is no good opportunity to ship.

If all this part is traded at the current price, this part will only lose more than 30 million US dollars. However, there is no guarantee that someone will take over, if it is hard to sell, it may collapse the stock price by two or three percent, and the total loss will be hundreds of millions. ”

Gu Biao made a decision immediately, but comforted: "There are only hundreds of millions of dollars, there are always profits and losses in investment, the main part of the front has earned 400 million 6, and it is nothing to lose 100 million in the tail order processing, who can always seize the highest point and run away." Even if it was really the highest point here, and our billions of funds were withdrawn, the highest point would become the point where it collapsed before it arrived. ”

Peterson said anxiously: "Don't be too hasty, I still know the basic operations." I think I will first sell orders according to 85% of the present value, and hold it down to see if there are any institutions to save the market, or if there are any retail investors who have been tricked into taking over. Anyway, I will operate the shock graphics myself, give me another week, I must dispose of these, the decline will not exceed 25% than the current price, and the total loss of the end of the market must be controlled within 100 million US dollars. ”

"It doesn't matter if it's 100 million or 100 million, the important thing is to be the one who directly caused the collapse of the NASDAQ, and this sense of control is very good. Gu Biao comforted himself in his heart.

Of course, this sentence was not spoken, and it was impossible to say it to Peterson.

Peterson didn't know Gu Biao's overall plan to deal with Wang An's computer, he only knew Gu Biao's actions on the investment part.

……

After hanging up the phone, Gu Biao didn't mention business to his woman at all, and nothing seemed to have happened.

quietly accompanied Mina to raise the baby, and every day after Mina and they slept, Gu Biao handled the business remotely for a while.

Seven trading days later, Peterson's shipment with a "meat-cutting" stance was finally completed, with a cumulative loss of $90 million, and the tail orders were all empty.

Among them, in the first five days, he only lost 30 million US dollars and ran away more than 200 million principal. In the last two trading days, he lost 60 million at once, but only ran away with more than 100 million principal.

Because of the desperate tail list in the last two days, the crisis was officially smashed on the table.

The Wall Street Journal published an article in a few days, arguing that the temporary collapse of the Nasdaq index was due to the general update of the valuation algorithm of Nasdaq technology stocks by market confidence, and emphasized that the decline of the Dow Jones market was only due to "some cross-market brokerages tried to withdraw funds from the Dow Jones main market in order to save the Nasdaq, resulting in a casualty."

The influx of such commentary articles shows that the U.S. stock market has realized that the previous 20 months of the great bull market was too crazy and really needed a correction.

If you don't want to crash all the time, you can only find an excuse to break your arm to save yourself.

Putting the blame on the Nasdaq and pushing it to "the backward and irrational algorithms of shareholders and institutions on the valuation of technology stocks, and now they wake up and pull back", at least it is possible to save the main market of traditional stocks.

Of course, objectively speaking, with the accumulated shortcomings of the 87 years, in the end, this kind of cover will definitely not be able to cover up, just cover up the carbuncle and nourish the poison.

Since 84 years, Gu Biao invented the trick of "cutting off the R&D department, making the financial report more beautiful in a short period of two or three years, and more able to deceive shareholders", and gradually carried forward by the discerning people, the last day is destined to come.

Gu Biao remotely understands the market every day, and watches the NASDAQ index fall by hundreds of points in just a few days {At that time, the NASDAQ didn't have much in total, so it could only fall by a few hundred points, and it was impossible to fall by a few thousand points}

Apple's stock price has been cut in half, about 40% evaporated.

Wang An Computer's stock price, if only counting the last seven trading days of the violent shock, also fell by as much as sixty percent, if the entire decline since June is counted, the cumulative decline is 75%, that is, three-quarters.

Before Wang An handed over power last year, Wang An's market value touched 5 billion US dollars, and after Wang Lie took over, the second half of the year hovered around 4 billion, and then was hit by Gu Biao's two waves of public opinion and disclosed its weakness, so that market confidence fell to more than 3 billion.

This time, it actually fell directly to 800 million US dollars.

It can only be said that the U.S. stock market is too crazy, and it is almost impossible for a bullish company to fall 90% in a short period of time due to panic.

The panicked herd effect, fleeing in a pile, is so perverted. {Not only the U.S. stock market, but during the subprime mortgage crisis in 08, China Merchants Bank fell from more than 26 yuan to more than 1 yuan, and it was calculated that it fell by 96% and evaporated.} It took nine years to return to 26 yuan before the subprime mortgage crisis until 2017. The market value of the stock market sometimes does not reflect the true level of a company, especially in irrational periods such as fear or fanaticism, when it falls badly, it is entirely possible that even the total value of fixed assets will fall below. }

However, the bank doesn't care about your herd effect.

Because three-quarters of the market value is gone, Wang An's father and son acquired the equity of co-founder Kaningham last year, and the equity pledged to Citibank has obviously been liquidated.

Citibank is now holding stocks, and it can't find a receiver, and it can't handle it if it wants to. {When the plunge fell below the warning line, Citibank did not discuss with Wang An and shipped directly, but it couldn't be shipped out, and no one bought it}