Chapter 966: Black Memory, What a Painful Realization
"It's already out to $12 billion, boss, will the NASDAQ stock market really collapse? I think the stock market is rising very strongly, and now the NASDAQ index has reached 4,600 points, and it is likely to soar to 5,000 points by March, which is twice as much as the same period last year!
And now Wall Street is 'rising', experts say that Internet stocks still have a lot of potential to rise, and it is expected that the Nasdaq index may rise to 8,000 points this year!"
"8,000 points? The evil people who believe in the experts are all big fools, according to my prediction, the NASDAQ index will reach 5100 points in the end, if this point does not come out, then you can only wait for death!" Lin Cheng pouted and sneered.
It seems that the brick family knows no borders, and it is their instinct to open their mouths.
NASDAQ 8000 points?
Whoever wants to believe in their evil will have only one result waiting for them, and that is to jump from a high-rise building to escape the loans and debts that they will never be able to pay off in their lifetime.
Lin Cheng came from later generations, and he remembered very well that even in the later generations when Internet companies exploded, the NASDAQ index was not even 8,000 points, and even 7,000 points had never been surpassed. [Lin Cheng crossed in 17 years, and the Nasdaq had not broken 7,000 points at that time. 】
"But boss, in the days after you ordered me to sell the stocks, the NASDAQ stock market has risen even more violently, and it is really uncomfortable to watch waves of small money slip out of my eyes!
Otherwise, the boss will already be out of $12 billion anyway, and the remaining $3 billion or so will continue to stay in the stock market, let's fight again, maybe the $3 billion will be like the $2 billion invested by the boss at the beginning, and it will become 15 billion!"
It is undeniable that Smith has been shaken, looking at the "rise" in the market, Smith believes that the opinions of experts are still very reasonable, maybe the Nasdaq index has not reached its potential, and there is still a lot of room for growth.
No wonder Smith is shaken, if Lin Cheng hadn't returned from rebirth, seeing that the whole world was bullish on the NASDAQ, a fool would have withdrawn at this time.
Don't look at Lin Cheng's omnipotence in the stock market in this life, but Lin Cheng in the original time and space was pitted by the Chinese stock market.
In the big bull market of 2006 and 2007, people from all walks of life participated in the stock market, and the number of registered stock trading accounts at that time even exceeded 100 million.
In newspapers, on television, on the Internet, on buses, and on the streets, there are remarks such as "if you don't manage your money, your money won't take care of you", encouraging all kinds of people to enter the stock market with the mentality of getting rich overnight.
At that time, white-collar workers and workers had no intention of going to work, and it was popular in major cities across the country to ask for leave to speculate in stocks, with a sick note of 100 yuan, and some people even resigned to speculate in stocks full-time.
The farmers also did not concentrate on farming, and even some monks and nuns began to speculate in stocks, and a monk in a monastery once accepted an interview with the financial media and talked about stock speculation.
In schools, many teachers have no intention of teaching, and it has become fashionable for students to skip class and speculate in stocks, and there are even reports that primary school students in the third and fourth grades exchange their experience in stock trading every day, and many college students embezzle their tuition fees to speculate in stocks
It is too easy to make money by speculating, so that the land of China is full of "stock gods". In public reports, the most famous "stock god" is a cleaner aunt in the magic capital, and has been interviewed many times to impart experience.
After an old lady made some money, she actually asked her son to take out the money for getting married and buying a house to speculate in stocks, and in the face of the reporter's kind reminder, she was very surprised and asked: "Can you lose money in stock trading?"
In this stock market carnival, talented stockholders have created a large number of stock market songs, such as "Dead Don't Sell" and so on.
In the face of this national stock speculation craze, Lin Cheng, who listened to the leaders and colleagues bragging about how much money he made today, couldn't sit still any longer, and invested all the nearly 60,000 yuan he had saved from his seven-year job into the stock market.
Many people should have the impression that in the early morning of May 30, the vicious China Securities Regulatory Bureau issued a policy of raising the stamp duty on transactions, and the stock market plummeted sharply.
In this wave of decline, Lin Cheng lost nearly 60,000 yuan and only left more than 40,000 yuan, so he cut his meat and left the scene with a ruthless heart.
As a result, after cutting the meat, the stock market ushered in a big bull market, the Shanghai Composite Index rose from more than 3,000 points to 6,124 points on October 16, Lin Cheng saw the stock market boom again, and put all the accumulated more than 50,000 yuan into the stock market.
After the lesson of cutting meat last time, Lin Cheng was very determined this time to never cut meat if he didn't make money, and the next year, Lin Cheng wrote the stocks of China Unicom and Xidan Mall in his hand, witnessing the largest bear market in China's stock market, and watched the Shanghai Composite Index fall from 6,124 points to 1,600 points, and the 50,000 yuan at the time of entry became 10,000.
However, at that time, Lin Cheng was really heartbroken, and he held the stock until 2015, when the Shanghai Composite Index recovered to more than 3,000 points, and the stock money in his hand also rose to more than 30,000.
After two painful stock trading experiences, Lin Cheng accumulated a loss of 40,000 yuan, and even now he is angry when he thinks about it.
At that time, Bao Ye also advocated a big bull market, which was to let the people of the whole country share the great achievements of China's reform and opening up and economic construction in the past 30 years.
The naïve Lin Cheng thought at the time, even the gentle Bao Ye said so, it must be worth believing, so he joined the ranks of stock speculation, but he was sheared, and his savings from working for many years were almost lost. [Khan, this is the author's real experience, don't laugh!]
With the black experience of his previous life, Lin Cheng believes that when the entire market is advocating "rise and rise", it is often the beginning of the stock market crash. [What a painful realization]
Therefore, when Lin Cheng heard Smith say that the entire US imperialist was advocating that the NASDAQ stock market would continue to rise sharply, he became more and more sure that Wall Street had made a move, and the time for financial tycoons to shear their sheep was coming.
So, Lin Cheng said categorically in an unprecedentedly stern tone: "Smith, I don't care how much you put into it, before March 10th, all the stocks except Apple stocks will be sold off for me,"
Smith sneered: "Boss, what a pity this is, I think the stock can still rise for a wave......"
Lin Cheng's voice turned cold: "Smith, this is an order, don't let me repeat it a second time!"
Smith heard a "chuckle" in his heart, and immediately knew that Lin Cheng was already angry, if he continued to hard top, what was waiting for him would definitely be a miserable end, he immediately corrected his mentality, and said busily: "Boss, I understand, I will sell all the stocks except Apple before March 10." ”