Sure enough, a week later, just like Huang Shi said, since the first day after the barracks were opened and the soldiers were allowed to take vacations, there was a "blowout" in the total sales of their "supply and marketing cooperatives", a term that Lao Huang said for cooking wine.

After all, she has not studied the stock market, nor has she seen the documentary about the life of the iron man Wang Jinxi, and she does not know that the fluid in the formation of Ludao, like oil, gas and water, is uncontrollable and continuously poured into the wellbore, and then erupted from the wellbore with a spectacular "blowout" scene of more than ten meters or even dozens of meters on the ground.

She only knew that their gross sales income had doubled several times, from the original daily revenue of 7 or 8 yuan to 30 to 40 yuan, and even to 50 yuan in the next few days. If converted to modern RMB, the daily turnover is about 5,000 yuan, if this is a modern society, it is definitely a very profitable small supermarket.

When I sent a report to Huangshi on those days of cooking, not only did my eyes narrow into a slit with a smile, but I couldn't even close my mouth when I spoke.

Then she saw the chief enter the amount of the daily revenue into a data sheet called a spreadsheet. Then I saw a red line on the screen, this red line was originally very gentle, only a few slight ups and downs, but at the end of the last stage, suddenly it was like someone pulled it by hand, it looked like a great cliff, and then it continued to climb slowly at a high place.

"Alas, this is simply a 'blowout' market in the stock market!" Huang Shi looked at the income curve and said to himself a little depressed, the reason why he was depressed was because he was heartbroken by China's stock market, and he was full of tears when he mentioned it.

In fact, he entered the stock market not too late, about 3 or 4 years in the first 96 years, at that time, the Chinese stock market was not as dead and alive as it is now, and there was no price limit system and T+1 trading rules, at that time, the Chinese stock market was in full swing, a stock rose dozens or hundreds of times a day, that is very normal, that is, it is not false to produce a millionaire every day.

Huang Shi then took out the thousands of yuan he had just saved up from work, and persuaded his parents to get together a large sum of money, and squeezed into the stock market.

Why do you need to use the word "squeeze", it is because the stock market was very prosperous at that time, and even the old men and women who sold tea eggs in the securities business department have opened accounts in the stock market, hoping that they can become the next "Yang million".

The trading hall was crowded with people, and there were two apt adjectives, "rubbing shoulders" and "sweating like rain", and even the four high-powered air conditioners in the hall could not dampen people's enthusiasm, and their eyes were always fixed on the wall in front of the hall.

On that wall, there is a dozen meters long electronic screen, which is divided into two parts, one is the "Shanghai Composite Index" and the other is the "Shenzhen Stock Exchange Component Index".

At that time, Huangshi also took advantage of the noon break, or even work time, to run to the business office under the excuse of urinating, and later after being met by the boss several times at the door, he had to grit his teeth and pay a huge amount of money to buy a Chinese "BB machine", at that time, it cost more than 1,000 yuan, so Lao Huang had to save two months' salary without eating or drinking, and in order to be able to trade stocks in real time, Huangshi also did a telephone entrusted transaction.

I remember that Huang Shi bought a book of "Avanti's Joke Collection" for his daughter, and said the theory of the landlord Bayi, "Chickens lay eggs, eggs give birth to chickens, chickens regenerate eggs, eggs regenerate chickens, the cycle goes on and on, and the children and grandchildren are endless." Huang Shi's psychology at that time was like this, using a small notebook every day to record the rise of several stocks he paid attention to, fantasizing about the good things that these money can also make money.

However, as everyone said, "the ideal is plump, and the reality is skinny". Whether it is Huangshi or other Chinese investors, enthusiasm or hope, it cannot stop the relatively short development process of China's stock market ushered in the first stock market crash in the "stock sea career".

A few years later, when Huangshi was completely delisted from the stock market, he looked back at this "thrilling" experience, and said that he was no wonder he would fail, because when he was trading in stocks, he didn't read the newspaper or the news at all, and he never noticed that the country's economic environment and policy level had undergone great changes.

Compared with foreign stock market crashes, the reasons for several stock market crashes in China are not the same, but there are some commonalities, that is, the trend of the stock market is greatly detached from the fundamentals of the economy, so it is destined to be unsustainable.

The first stock market crash occurred after the National Day in 1996, when the stock market was in the red. From April 1 to December 9, the Shanghai Composite Index rose by 120%, and the Shenzhen Component Index rose by 340%. The China Securities Regulatory Commission (CSRC) has successively issued various regulations and notices that were later called "12 gold medals" in an attempt to cool down, but the market is still rising.

On December 16, the People's Daily published a special commentator's article "A Correct Understanding of the Current Stock Market", characterizing the stock market, "The recent surge is abnormal and irrational. "The rally has finally been halted. The Shanghai Composite Index reached the fall limit at the opening, except for a few small-cap stocks, the fall limit was closed throughout the day, and the next day it was still down limit. All the shareholders who held positions three days ago evaporated all the wealth on paper.

Huang Shi heard the news at that time, riding a bicycle, panting to the business office, rushed into the trading hall, and when he came, the transaction had passed more than an hour, except for some shareholders who were still holding on to the slim hope of watching, it was already empty of people to go to the building.

Lao Huang remembered that he looked at all the numbers on the two screens were green, full of green, and the "Sichuan Changhong" he had just bought the day before went to more than 2 yuan at once, and his distressed face was also green, but like everyone else, he also comforted himself with the reason that "the stock market is like the sea, there are always ebb and flow".

But the three-day market limit finally made these lucky stockholders panic, those stocks were thrown out at the lowest price like waste paper, but unfortunately there were fewer people to eat, more people to throw, that is, people who ate, the next day was also caught by a large number of selling, and Huangshi had no chance to throw out at all.

The stock market crash made Huangshi pit a large sum of money from his parents, and the original 80,000 yuan invested in the stock market shrank to 30,000 yuan later.

Maybe he is not suitable for this kind of speculation, and in the end, when he completely withdrew from the stock market, the 30,000 yuan was actually only a little more than 10,000 yuan, because not long ago, there was another stock market crash.

The second time happened in 2001, on July 26 of that year, the reduction of state-owned shares officially began in the issuance of new shares, and the stock market plummeted, and the Shanghai Composite Index fell 32%. 55 points. By October 19, the Shanghai Composite Index had plummeted from 2,245 points on June 14 to 1,514 points, and more than 50 stocks fell to the limit. 80% of investors were trapped that year, the net value of the fund shrank by 40%, and the brokerage commission income fell by 30%.

But fortunately, the loss of these money happened when his career was on the rise, so it wasn't a big move. It wasn't until when his career went downhill that a futures friend invited him to join, which wiped out the hundreds of thousands of yuan he had saved for more than ten years, which became the last straw that crushed the relationship between him and his ex-wife, thus breaking up his small family.

"Pit daddy, pit daddy! It seems that you still have to do industry to prosper the country! ”

I don't know what the chief's mood suddenly dropped, and he said several terms in a low voice that she couldn't understand, like "stock market", "blowout", "market", and "pit daddy".

Unlike before, every time Huang Shi said something new, he would explain it to them, but today it was very strange, Lao Huang was silent for a long time, and then whispered to her, "Look, cooking wine, is it just like I said last week, now once the soldiers are on vacation, this sales will increase." ”

"Hmm." Boiled wine smiled and nodded.

Huang Shi flipped through the daily sales list and found that the soldiers' spending power was really not weak, not only the necessities of life were bought, but also all kinds of luxury consumer goods, including snacks, chess and cards, and so on. I think that women, children, and couples make the best money, but these 16th-century warriors are no different.

"However, after a while, after the peak of the soldiers' consumption has passed, this sales will still drop." Huang Shi first gave the wine a preventive shot, then looked at her puzzled eyes, and then explained, "Think about it, these chess and card toys they are buying now are actually very durable, and they may not break for four or five years, and they don't need everyone to buy them, they can borrow each other to play." ”

Although she had not studied modern economics and did not understand "rigid demand" and "elastic demand", the simple economic phenomenon was still understandable, so she asked, "Chief, what should I do?" ”

If it were in modern times, Lao Huang would definitely be irresponsible to say, "Cold salad, you ask me, who will I ask!" Or is it "Are you the manager, or am I the manager!?" ”