Chapter 238: Technical Limit Down

'Advisor Zhou, I found out that recently, a large sum of unknown funds have indeed entered the stock market, and they are very active in acquiring stocks from all sides. The recent bull market is largely the result of this fund being active.'

In the morning, Zhou Ming walked into the stock exchange company building, and the company's first deputy general manager Luo Han quickly walked up to him and reported the situation to Zhou Ming as if to take credit. Although today was Sunday and the stock market was closed, at Luo Han's request, all accounting and auditing staff were still made to come to work. Their job was to thoroughly investigate the stock market's capital situation over the previous period of time.

Luo Han's report made Zhou Ming feel a little helpless, because he had not asked him to do so. In fact, there was no need to do so at all. After all, the rumours spreading on the stock exchange and the inexplicable bull market in the previous period, any experienced analyst could have concluded that there had been a large amount of capital entering the market.

What was the point of having the entire stock exchange work overtime over the weekend to conduct a thorough investigation? The only result of doing so would be to prove this speculation with facts, and that was about it.

However, since he had worked so hard, Zhou Ming did not want to pour cold water on him, so he just said to him, 'President Luo, you have worked hard, and you have found the result in such a short time.'

Zhou Ming's words were typical of a perfunctory response, but they still made Luo Han very happy: 'Consultant Zhou, I did not work hard. It's just a pity that the funds were invested in a scattered manner, divided among various accounts, so it is difficult to find out the source of the funds in a short period of time.'

Zhou Ming waved his hand and said, 'That's okay, because since we know who our opponent is, it's not hard to guess where the money came from. And how to stabilise the market and bring all the criminals who are trying to cause trouble to justice is the most important thing for us right now.'

Lohan nodded and said, 'That's easy to say, as long as we can find out where the money came from and track the unknown funds, we will definitely be able to catch them manipulating the market! As for stabilising the market...'

At this point, Luo Han was a little less confident: 'Consultant Zhou, this is more difficult. The rumours have already spread. As long as this capital really starts next week and stocks are sold at the same time, it will definitely cause stock market shocks. Those investors are naturally followers and will definitely sell their stocks. It is very difficult to stabilise the stock market both internally and externally.'

Zhou Ming expressed his understanding. Although the large sums of money of the market makers are the leaders of the stock market, if the stock market is full of market makers, then the stock game cannot continue. In fact, the role of these market makers' large sums of money is to leverage the market, use the market situation to trigger optimistic or pessimistic market sentiment, and make all investors follow suit and buy or sell, at which time the market makers will then wait for opportunities to seek profits through their funds.

Therefore, to some extent, ordinary retail investors are the ultimate decision-makers in the market. Now that rumours have been spread and the groundwork has been laid, they are just waiting for large sums of money to start selling, triggering pessimism in the entire market.

In this situation, it is not impossible to stabilise the market again, but it is almost like fighting the entire market alone, which is no easy feat.

However, Zhou Ming still patted Luo Han on the shoulder and said to him, 'Difficult does not mean impossible. I believe that as long as we do it, it is possible. I think President Luo should know who I have met with these few days, right?'

A trace of excitement flashed across Luo Han's face, and then he said with some concern, 'Consultant Zhou, I know that your preparations are very thorough, but the current total value of our Nanjiang stock market has exceeded 100 million. To stabilise such a market, I'm afraid that the funds required will be very large.'

Zhou Ming, however, smiled and said, 'Mr. Luo, in fact, the amount of capital is not important. The key is to have an interest. As long as there is enough interest, someone will be willing to pay the money. Of course, on the other hand, I am also very confident in our Nanjiang stock market. At least it shouldn't collapse so quickly, right?'

Luo Han froze in place. If someone else had said this to him, he would have sneered and said that person was talking nonsense. But now that it was Zhou Ming who was saying it, it gave a very strong sense of confidence. It was as if he were a general in command on the battlefield, strategising from afar and winning the battle from thousands of miles away. He could deal a crushing blow to any enemy that came his way.

...

At 9 o'clock the next morning, Lao Yang arrived at the entrance to the stock exchange. As soon as he had parked his bicycle, he heard a sound of bitter weeping. Lao Yang turned around and saw a family sitting on the ground, howling and crying.

Lao Yang felt a little surprised, but then it seemed that he thought of something. With a sigh, he came to the front of the stock exchange. Along the way, he saw more people weeping bitterly.

'Lao Yang, I've got today's newspapers for you, as usual, one copy of today's and one of yesterday's. Come and get them,' the newsstand owner called out to Lao Yang as he saw him approaching.

Lao Yang came over to collect the newspapers. Before Lao Yang could say anything, the newsstand owner gave him a wink and said, "Lao Yang, you can see it, can't you? There are so many people sitting here crying.'

Lao Yang nodded and said, "I see. What's going on with them?'

'What else could it be? It's the stock market,' said the newsstand owner.

'The stock market? It seems like the market just opened now. What could have happened? Could it have plummeted?' Lao Yang was a little puzzled.

'That's exactly what happened. This morning, the stock market opened and plummeted. All the stocks plummeted, and within five minutes, the stocks had all stopped falling. It was as fast as a rocket, and many people lost all their money before they could react.' The newsstand owner said, remembering something, "Lao Yang, what about your stocks?'

'I sold them all last weekend," Lao Yang said.

The newsstand owner laughed heartily and said, 'Lao Yang, you must be treating me to dinner now. If I hadn't given you this tip, you would have lost a lot too! Look at those people over there. The stock market has fallen so badly, even if they are willing to sell, I'm afraid they can't find anyone to buy.'

'I consulted the account manager at An Guo Securities Company, and he advised me to sell. And I'm going to buy all those stocks back today,' Lao Yang said.

'Lao Yang, I think you're being too stingy. I gave you insider information to help you avoid such a big loss, and you can't even buy me a meal?'

The newsstand owner began to speak very contemptuously of Lao Yang, but at the end of it he came to his senses: 'Lao Yang, what are you saying? You said you want to buy all the stocks back today, are you crazy?'

'Because the account manager at the securities company told me that this drop in the stock price is just a technical drop, a self-correction of the market, and that the stock market will rise again in the future,' Lao Yang said.

The newsstand owner was helpless: 'I said, Lao Yang, don't be so honest, you believe whatever people tell you? That shit about An Guo Securities being a scam is just to confuse you. You may not know this, but they get their commissions from your trading volume, and they will definitely keep tricking you into trading, because that's how they increase their income. That technical decline and future rise is all a lie!'

Seeing that Lao Yang did not believe the newsstand owner, the owner became anxious and said, 'Lao Yang, I'll tell you the news from my side. This time the fall may not last long, but it will plummet this week. I'm only telling you because we're so familiar with each other, and no one else will tell you!'

'Thank you, boss, I'll think about it.'

Lao Yang left his boss with these words and then walked into the stock exchange. The situation inside was even more depressing than the situation outside. Of course, it wasn't that the people in the stock exchange trading hall were crying that much, but their emotions were all very sad. This kind of look of everyone staring blankly at the market and weeping was more emotionally depressing than the kind of howling outside.

Lao Yang looked up at the green lines on the market board, thinking that it was fortunate that the stock market had a limit-down setting, otherwise the losses today would be even more unimaginable.

Suddenly, Lao Yang's shoulder was tapped. Lao Yang turned around and saw Kong Yiji. Kong Yiji winked at him and said, 'Lao Yang, you see, I told you that the stock market was bound to plummet. You see, I showed you the way out, and you have to treat me to dinner!'

'I'll see,' Lao Yang said.

So, Lao Yang stayed at the stock exchange all day. By 3:00 p.m., all the stocks in the Nanjiang stock market had dropped to the lowest limit, and the stock exchange was in mourning. Everyone was like soulless zombies.

Outside, the sirens were wailing. It was noon. Some stock investors, unable to contain their emotions after losing so much money, stormed the stock exchange. Others followed suit, either to seek an explanation from the stock exchange or because they wanted to find the stock exchange accountable. The stock exchange called the police because they couldn't control the situation.

At this time, Lao Yang squeezed to the counter of the stock exchange and said to the staff inside, 'Hello, comrade, please help me buy stocks. This is my account, buy all the stocks.'

Lao Yang's words were very plain, but at this time here they were like a bombshell, instantly shocking everyone.

Kong Yiji was the first to run out, 'Lao Yang, what are you doing? All the stocks have now stopped falling, and you still want to buy? Are you crazy?'

'I'm not crazy, but buying when the stock is falling and selling when it's rising is the stock trading method you taught me, right? Now that the stock has fallen to the limit, why wouldn't I buy it?' Lao Yang said.

Kong Yiji felt that Lao Yang was completely unreasonable: "The stock trading method I taught you is based on the premise that the stock will continue to rise, but now that all stocks have fallen to the limit, will it still rise?'

'Of course it will rise, I believe it, at least that's what the account manager at Anguo Securities told me," Lao Yang said.

Kong Yiji laughed out loud: 'Lao Yang, I'm saying you've been brainwashed, haven't you? Why do you believe everything he says? Why can't you have your own thoughts? You're so stupid!'

The others around him also tried to persuade Lao Yang: 'Comrade, don't buy it, either. We can't even sell it now, so why would you buy it? All the stocks have now stopped rising, and there's news that this round of plummeting will last at least a week. You're just throwing money away if you buy now. Don't buy it, I'm already regretting the stocks I bought today.'

'And what bullshit technical decline? This is already at the limit, so what's the fucking technicality? This is basically the An Guo Securities Company trying to fool you!' Someone else explained to Lao Yang.

But Lao Yang was very insistent: 'I want to buy it, and you'd better buy it back quickly too, because this round of decline is only a technical correction. Our stock market is very strong. Please have confidence and witness my miracle tomorrow!'

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