Rebirth of the Great Entertainment Empire

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Monday, October 19, 1987.

Just as the United States was about to usher in the dawn of this day, Xu Cun from Xiangjiang, with the help of Zhou Lan, put on a special body armor and inserted two P220 pistols he had used for several years into his waist, and then Order:

Shek O Manor entered the stage of military control.

All bodyguards (more than 1,000) are fully armed and enter the first-level security!

No one is allowed to enter or leave the Shi'ao Manor until I, Xu Cun, personally issue a lifting order—threshers will be shot on the spot!

All the girls lead their children into the main building, they are not allowed to leave a step, and they are ready to retreat into the safe house at any time!

By the way, Xu Cun also borrowed the 500 People's Liberation Army stationed in Xiangjiang from Mr. Deng, and asked them to help Xu Cun guard the entrance to Shi'ao Manor.

After arranging all these, Xu Cuncai led the 20 squads of fully armed bodyguards he personally selected into the operating room of the office building.

(The weapons used by Xu Cun's bodyguards all come from the Soviet Union - when they sent gold to Xu Cun, the Soviet Union also gave Xu Cun a ship of arms, including a frigate equipped with arms, a brand new ship equipped with relevant 550-ton mini frigate with control array radar and vertical launch system.)

Seeing Xu Cun's posture, Bush Jr. and others knew that Xu Cun judged that the stock market crash was coming.

Seeing Bush Jr. and others, Xu Cun didn't talk nonsense, but went straight to the point and said: "Everyone, if there are no accidents, the stock market crash will be today, so please cooperate so that we can pass today smoothly." !"

None of Bush Jr. and others are ordinary people, so they can all understand why Xu Cun did this - after all, sake is red on people's faces, and money is touching people's hearts!

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Hong Kong time: 21:30 p.m.

EST: 9:30 a.m.

Wall Street was shrouded in gloom, and the New York Stock Exchange started a new day amid the hasty and dull "Dang, Dang, Dang" bell.

At the beginning of the market opening, an ominous premonition hit everyone in the noisy trading floor-the Dow Jones Industrial Average fell sixty-seven points at the opening bell.

In a blink of an eye, selling orders surged—under the pressure of the swarming selling orders, all the green stocks (falling) turned up on the screen, and there was no red wave (rising).

There was panic in the exchange, and the market was in chaos.

From 9:30 am until 11:00 am, the Dow Jones Industrial Average was down, and no one knew how to stop the worsening situation.

During this process, although some people proposed to suspend the market temporarily, no one dared to make this decision. The New York Stock Exchange had to persevere desperately because of Wall Street's role as a "weather vane" in the global stock market.

Even though they were all elites, Bush Jr. and others, including Xu Cun, raised their hearts when they saw the Dow Jones Industrial Average plummet.

In the entire trading room, the only people who don't feel it are Tu Weihua and his bodyguards - after all, they don't understand what these flipped green disks represent...

While people on the Chicago Mercantile Exchange sold index futures heavily, New York stocks also sold heavily, and buyers were extremely scarce-in the first hour of opening, it was difficult to find buyers in the market, accounting for about 50% of the S\u0026P 500 index. Ninety-five blue-chip stocks with 30% of the index stocks have not yet been traded, and due to a large number of sell orders and few buy orders, the market price is forced to fall repeatedly to attract buyers.

At 10:30, eleven of the thirty index stocks in the Dow Jones Industrial Average had not yet opened for trading, and in normal times, usually within five minutes after the opening, all of them would start trading— - With so many stocks not trading, the Dow Jones Industrial Average is not a true reflection of the actual market price, and the market as a whole is in a state of disorder. Trading volumes were constantly being refreshed, computer trading systems slowed down, and accurate numbers for the Dow Jones Industrial Average and S\u0026P 500 were simply impossible to calculate.

Due to the mutual drive between the stock market and the futures market, the stock price and the futures index fell faster and faster, and the trading volume soared-from 11:00 to 11:50, the stock market traded 93 million shares, and the trading volume of the futures index at noon It is equivalent to seven million shares, while the stock market is nine million shares.

Large institutions traded heavily in both markets, bringing the disaster to a head—the New York Stock Exchange computer system was almost paralyzed on this day. The New York Stock Exchange has a total of 200 microcomputers, and the system has never handled such a huge transaction. When stock trading data is flooding into a computer, it is almost impossible for the computer to process it. When sell orders flood in, the processing speed of the information system lags far behind. Less than an hour after the opening of the market, due to the large number of selling orders, the computer was 20 minutes slower than the actual transaction speed; at noon, the designated order conversion system in the computer system was about 75 minutes slower. Due to insufficient capacity of the DOT system, 120 million shares of the 396 million shares transferred to the DOT system were not executed.

The computer system of the New York Stock Exchange was almost paralyzed, and Xu Cun and others who were far away in the trading room of the Shi'ao Manor office building in Xiangjiang were not clear.

but--

What Xu Cun and others knew was that the Dow Jones Industrial Average was plummeting, and they made it!

Taking the time to take a look at Xu Cun who successfully predicted all this, Bush Jr. and other absolute elites of this era all sincerely admire Xu Cun!

To be admired by the absolute elites of this era, such as Bush Jr., is actually something to be proud of, but Xu Cun really doesn't mean to be proud at all.

First of all, it is not Xu Cun's ability to successfully predict all of this, but Xu Cun's better and better memory.

Second, now is not the time to be proud -- this is just the beginning of the stock market crash, and the stock market crash is not over yet. Moreover, even if the stock market crash is really over, Xu Cun still has a lot of troublesome things to deal with one by one himself. If he didn't deal with those things well, it would be too late for Xu Cun to be worried, so how could he be proud?

At 13:09 p.m., a dire news reached Wall Street—David Luther, chairman of the U.S. Securities and Exchange Commission, said in a speech in Washington: "At a critical moment, although we don't know this critical moment will come When, I will discuss with the stock exchange to temporarily close the exchange.”

This news caused even more panic - because if the exchanges were closed, if traders did not have time to sell their stocks, their stocks would be worthless and tens of thousands of dollars would be reduced to ashes. So, they had to "dump the stock" quickly.

It is precisely because of this that the Dow Jones Industrial Average plummeted like a maniac.

By two o'clock in the afternoon, the Dow Jones Industrial Average had dropped 250 points, more than 400 million shares had changed hands, and the computer was 100 minutes behind the actual transaction speed.

During that time, SEC officials came forward to clarify that they hadn't discussed closing the exchange.

However--

It is too late to come forward to clarify now, and the disaster cannot be stopped.

At 14:05 in the afternoon, the Dow rose 350 points and successfully broke through 2,000 points.

But the rally lasted only a split second.

At around 14:30, the stock price trend seemed to show signs of improvement, and then the rebound was blocked, and a new round of downward trend was formed here.

At this time, there was only more than one hour left before the market closed, but in this short and long hour, the Dow Jones Industrial Average fell another 250 points in this air that seemed to have frozen. 200 million shares in hand.

It was not until the market closed at 16:00 in the afternoon that the diving was forced to stop.

At the close, the Dow Jones Industrial Average dropped 508.32 points, from 2,246.72 to 1,738.470, a drop of 22.6%, setting a record for a one-day decline. Other indexes of the stock market such as the NYSE Composite Index fell 19.2 percent, the AMEX Composite Index fell 12.7 percent, and the NASDAQ Composite Index fell 11.35 percent. The face value of US$503 billion in stocks equivalent to France's annual GDP was wiped out in one day.

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