Many VIP customers suspect that the ATIC Securities Investment Department made an obvious mistake in judging the trend of the Nasdaq index this time. After some VIP customers cashed out, they saw the index continue to hit new highs and rushed in again.
Huang Weidong, who is in charge of the investment department, is under great pressure.
Investment involves risks, please be cautious when entering the market and do so at your own risk!
This is the warning that ATIC Securities Investment Department releases VIP customer investment analysis report every trading day!
Stock traders such as Xue Yong were ordered to clear out their self-operated stocks on the Dow Jones and Nasdaq markets in January and March respectively, and made huge profits. Now they are empty-handed and see the Nas that continues to rise every day. Dak Index, no regrets, everyone is drunk and I am sober. Although they have nothing to do, they firmly believe in Mr. Sun’s prediction.
The self-operated account of the futures investment department of ATIC Securities also followed Mr. Sun in investing US$20 million to short the October Nasdaq stock index futures contract, increasing leverage by 10 times.
Li Huabin and Huang Weidong also hope that the Nasdaq will fall sharply.
On Saturday morning, in order to curb inflation, Federal Reserve Chairman Greenspan announced another significant interest rate hike of 0.25%. This was the second rate increase this year. He maintained the target value of the upper limit of the federal funds rate at 6.50%, implying that there is still one more interest rate increase. Chance (0.25%).
In the afternoon, "Barron's" published a cover article "Burned". The article wrote that in the next 12 months, a group of high-flying Internet companies will run out of cash.
On Sunday, Abby Joseph Cohen, chief market strategy officer of Goldman Sachs, suddenly announced an investment strategy to reduce holdings of Internet technology stocks with huge gains such as Cisco, VALinux, Red Hat, Qualcomm, AOL Tiearne, Yahoo, eBay, and Amazon.
The bad news fermented over the weekend, and major institutions and securities companies held investment analysis meetings overnight to formulate response strategies.
Various investment analysis reports that are bullish and bearish on the Nasdaq index appear on the Internet like spring after rain.
Investors who were long on the Nasdaq index were panicking, and short-selling institutions were ready to take action.
On March 13, Monday, before 9 o'clock, the managers of major investment institutions and fund companies came to the institutional investment rooms of major securities companies early, turned on their computers, and were ready and worried.
In 2000, Winter Time in the United States began on November 7 and ended on March 12.
At 9:00, the VIP clients of ATIC Securities Company received the stock investment analysis report "Continue to bearish on the Nasdaq Index and continue to wait and see on the Dow Jones Index" issued by the Stock Investment Department. It immediately appeared in the hands of major investment institutions and fund managers. superior.
Calculated based on comprehensive indicators such as the number of customers, total revenue and net profit, ATIC Securities Company was promoted to the 9th largest securities company in the United States on January 12, 2000. The VIP customer stock investment analysis report released every trading day has the highest ranking in the securities investment industry. It has huge influence and serves as an important reference for daily transactions of investment companies and fund managers.
At 9:15, Internet technology stocks with huge gains such as Cisco, VALinux, RedHat, Qualcomm, AOLTiearne, Yahoo, eBay, Amazon, etc. opened sharply lower by 3%-5%.
The Nasdaq index opened at 5000.28 points, opening 109.35 points lower, down 2.14%, and the collective trading volume increased by 275% compared with the previous trading day.
The Dow Jones Index opened at 9455.28 points, opening 10.35 points lower, a decrease of 0.11%, and the collective trading volume increased by 15% year-on-year.
Microsoft's stock price opened at $50.35, opening lower by $0.3, with 1,327 shares traded; Kunpeng Software's stock price opened at $227.45, opening lower by $0.2, with 552 shares traded.
At 9:30, the Nasdaq index fell below the 5,000-point integer mark on heavy volume. Profit orders and panic orders surged out like a flood that burst a dam. The bulls were defeated. The index fell like a kite with a broken line, 4990, 4980...
At 9:43, the index fell below the 4900 point integer mark, 4899 points, 4890, 4880, 4870...
10.14: The index fell below the 4800 point integer mark, 4799 points!
In less than an hour, the Nasdaq index fell 310.63 points, a plunge of 6.08%, and the trading volume increased by 310% year-on-year.
Heavy volume plummeted!
The Dow Jones Index was affected by the collapse of the Nasdaq Index, falling 102.45 points, or 1.08%, and trading volume increased by 25% year-on-year.
Heavy volume fell!
"Xue Yong, you are starting to pay attention to traditional blue-chip stocks such as Merrill Lynch, Citigroup, Bank of America, Wells Fargo, Bank of Boston, JPMorgan Chase, Coca-Cola, Pepsi-Cola, Pfizer Pharmaceuticals, etc. in the Dow Jones market."
"Okay, Mr. Huang!"
Xue Yong and others watched the stocks they sold plummet, feeling as if they had drunk honey and felt refreshed.
Huang Weidong looked at the red Nasdaq 100 index stocks on the screen, felt relieved, stood up and walked out of the investment room.
Since the beginning of the year, the Dow Jones Index has fallen by 15% while the Nasdaq Index has risen by more than 30%. The average price-to-earnings ratio of the Nasdaq market is 190 times, while the average price-to-earnings ratio of the Dow Jones market is only 14 times. The price comparison effect is obvious. Highlight value investment.
Li Huabin and Huang Weidong had a hunch that the next wave of investment in the stock market would be high-quality value stocks in the Dow Jones market.
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"Bill, invest US$500 million to buy Cisco, Qualcomm, AOLTiearne, Yahoo, eBay, and Amazon to seize the rebound!"
The depressed Druckenmiller glanced at the expressionless Soros and sent a buy signal to the trader.
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"Mr. Julian, should we buy the plummeting stocks of Cisco, Qualcomm, Amazon, and Yahoo to try to rebound?"
Looking at network technology stocks such as Cisco and Qualcomm, which have plummeted 8-10%, Tiger Fund manager Nimio believes that a good time has come for a rebound.
"Nimio, no!"
Robertson finally saw the irrational Nasdaq index suddenly plummet and was very happy. No matter how high a stock that loses value as an investment rises, it will eventually return.
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On October 20, driven by the rush for rebound funds, the Nasdaq index began to rebound from 4765.62 points. At 11:00, the market rebounded to 4895 points, and profit orders and panic orders poured out again...
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The Nasdaq index fell by 370.25 points, a plunge of 7.25%, and the trading volume increased by 420% year-on-year!
Heavy volume plummeted!
The Dow Jones Index was affected by the collapse of the Nasdaq Index, falling 121.27 points, or 1.28%, and trading volume increased by 37% year-on-year.
Heavy volume fell!
At around 8 o'clock in the morning on the 14th, Sun Jian, who returned to Jiangcheng, was on the computer at the company headquarters.
