Reborn in America, I'm serious about making money.
Chapter 366 It seems like yesterday
Zhang San had many regrets in his past life, one of which was that he spent more than a year from 2007 to the end of 2008 at his maternal grandmother's house.
He should have decisively cut his losses when the Shanghai A-shares index started to decline from over 6100 points.
When it reached 6,000 points, someone jumped out and said, "My A-shares will reach 10,000 points, it will..."
"It's still in its infancy, Shanghai A-shares will..."
Zhang San felt that the current A-shares market was very similar to the Hong Kong market back when the internet was emerging and there were no regulations.
Some of the tactics are not so much similar as identical.
He had saved up a sum of money and bought at the peak of the market. Soon after, the price went downhill, but he was a novice and didn't know how to cut his losses or bleed money. Under such circumstances, he naturally refused to give up.
Of course, at this time, there are always some very clever people who jump out and say things that you actually believed at the time.
"Now it's about squatting. Only by squatting low enough can you bounce high."
"See the spring? The more force you apply to a spring, the higher it will bounce back, and the greater the force will be."
"As long as you don't sell at a loss, you won't lose anything. Just treat it like putting money in the bank. When the price goes up, you'll win."
……
There are many such comments, but if it were Zhang San now, he certainly wouldn't care. He would have done such a thing long ago.
These people's words are all poison; they're just trying to swindle money from retail investors.
If the crops aren't harvested, whose crops will the smallholders harvest? Some say the largeholders.
Don't be ridiculous, big players? There are no big players left these days, they're all organized groups. These big players form a circle to prey on small investors.
There's little chance of infighting among large players, but if it does happen, it's a disaster. The result of a stampede would be that everyone would be ruined.
What is Zhang San now? He is now reducing his global visibility, slowly fading into obscurity until he is no longer known.
After New Year's Day 2009, the stock market continued its downward trend, leaving people feeling helpless.
The financial tsunami has not abated, and its aftershocks continue to shake global financial markets.
After New Year's Day, Zhang San in Hong Kong instructed his staff in the trading room to begin buying a special number of stocks on the global market.
For some time, Zhang San had heard rumors that some people would send out special numbers for trading volume when buying stocks, such as 444, 138, 168, 333, etc., to lure retail investors.
He had a particularly vivid memory of it; he had been fooled before, and therefore, he also issued a special number.
At 9:30 a.m. on the Shanghai Stock Exchange, when the Shanghai A-shares market opened, a series of trading numbers appeared in some trading rooms of the World Financial Center: 100, 200, 300, 400, and then 100 again. All of these were buy orders. As soon as these five sets of trading numbers appeared, the people in the trading room, at the request of the group leader, immediately began to make rapid purchases.
Orders were placed at Buy 1, Buy 2, Buy 3, and all the way up to Buy 5, which is visible to ordinary people, and more hidden orders were placed downwards to absorb the shares they were selling.
At the same time, they started buying. When the sell price was 12.11, more than 500 lots, they slowly consumed these 1 lots. When it was almost sold, they stopped buying.
They start driving the price down, encouraging everyone to sell and pushing the stock price even lower. Of course, those buying in are all in their own accounts.
When the time was right, the sentiment at the top of the sell order list had been stirred up, and the number of sell orders going up from the top of the sell order list was really fast.
The market is currently experiencing a gradual decline, so naturally some people are willing to sell.
At this point, they moved upwards, sweeping up all the sell orders above the 1st price level. After pulling up for a while, they would stop there, and soon after, another short position would be opened. Then, those people would quickly realize that they were in trouble and that their rhythm for the day was very bad.
Such operations are being performed all over the mainland.
After several such maneuvers, many stock investors were left confused. Meanwhile, Zhang San, with his vast funds, would occasionally give those retail investors some small gains, or create panic to entice them to hand over their shares.
If he had known when to quit while he was ahead and cashed out, he wouldn't have left at this point.
He's naturally trying to capitalize on the rebound now. It's the New Year, so he wants to give everyone some red envelopes and, in conjunction with legitimate means, boost the index.
"Trading activity has been quite high lately. So much capital is flowing in?" Someone was looking at the screen. The trading volume on the Shanghai A-shares market wasn't high, but the trading frequency was extremely fast. Clearly, someone was up to something in the stock market.
Others echoed this sentiment, with one saying, "It's incredibly difficult to withstand a stock market crash like this, falling from over 6,000 points."
"Let's get in too. The price should be acceptable now."
The others nodded in agreement, feeling it was time to enter the market. A group of people began preparing to enter the stock market.
At this point, however, no one stepped forward to criticize the stock market.
Zhang San also developed a habit: he believed in toads rather than experts. Just like himself, he hired so many experts, but even their analyses and reports didn't help Zhang San with his work.
Besides the mainland Chinese stock market, North American and European stock markets have also been significantly affected and are now barely surviving.
North American traders also saw the series of numbers and immediately remembered what they needed to do that day.
Naturally, these people immediately began buying, and buying in large quantities.
"Buy according to the names and numbers on the list. If you have a quick plan, please feel free to suggest it."
Globally, at the Dafabet Financial Hong Kong headquarters, he was led outside by Zhang San's apprentice to wait for the car. Having seen the last copy, naturally, it was acceptable.
Zhang San sat back on the desk he had just left, closed his eyes, and pondered his next plan.
Just then, his cell phone rang; it was another of his capable assistants calling.
"Mr. Zhang, everything is going according to plan," the assistant said excitedly. "Both domestic and international stock markets have started to rise, and our investment will soon yield a substantial return."
Zhang San smiled with satisfaction, but he knew he couldn't let his guard down.
"Closely monitor market dynamics and be prepared to respond to changes at any time," he calmly instructed. "Notify me immediately if anything unusual occurs."
After hanging up the phone, Zhang San leaned back in his chair, secretly planning for the future.
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