Chapter 318 God's Finger

Originally, Lin Hong only planned to stay in the United States for about ten days. After the practice room of the Xingyi Taoist Museum and the establishment of the Black Lion Company were decided, he decided to return to China.

However, an unusual thing happened on Wall Street at this time greatly delayed his return to China.

It's a sunny day. The host of the morning news called on everyone not to waste such good weather and should seize the opportunity to go to the seaside with their families on vacation.

Wall Street began to be busy as usual, and quoters and traders gathered in the securities hall, waiting for the opening of the stock market.

Tuttle is one of many traders on Wall Street. He belongs to a subordinate department of Citibank. He is 46 years old and has worked in this industry for more than ten years.

In the past ten years, he has witnessed the modernization of the U.S. securities market. From the original manual quotation to the current gradual semi-automated, the machine has taken over most of the salary, and even to a large extent has begun to use computer algorithms for intelligent pending order transactions.

It is precisely because of the entry of these machines that many quoters are at risk of unemployment, and they have to switch to become traders or find another way out.

Like most other traders, Tuttle is also a little worried about these cold machines. They firmly believe that although the machine can monitor the fluctuation of the stock price more accurately than people, this kind of trading behavior always requires the participation of people. Everything depends on the machine, and sooner or later it will go wrong.

At present, the U.S. stock market is a golden moment. Since the early September 9th, financiers have gradually realized that the economic driver of the United States in the future is likely to be the "network era + knowledge economy", and the United States has always been at the forefront of the world in this regard.

The U.S. stock market has also entered a new round of bull market. In April 1991, the Dow broke 3,000 points. In February 1995, the Dow broke through 4,000 points. In just nine months, the Dow exceeded 5,000 points in November. At present, it is still moving forward and is expected to break through 6,000 points soon. Close, the time interval in the middle is getting shorter and shorter, like a broken bamboo, and the momentum is so strong.

Tuttle is also full of expectations for the future. His job has a high salary, and he also has investment stocks. At present, he has small assets. He has decided to work for another period of time and leave the position of trader, considering establishing an investment salary with a friend and becoming a professional investor.

However, Tuttle never thought that this day would come early, and in such an extremely disgraceful way--

At 9:00 a.m., this is the busiest time of the day. Tuttle constantly receives instructions from customers and accurately enters pending orders into the computer. Their customers are all business giants, and every transaction involved is a single order, ranging from thousands of shares to tens of thousands of shares. There are hundreds of thousands of shares, and the funds involved are even more exaggerated. Any casual transaction may involve the conversion of tens of millions or even hundreds of millions of dollars.

Tuttle is no longer a rookie who makes a fuss about everything. Years of professional experience have long made his psychological quality very strong. These funds are just some ordinary figures in his eyes. The only difference is that there are big and small.

Sell orders, cleaning company, 23,000 shares, price $1521,

Buy, IBM, 100,0000 shares, price $21.29,

Selling order, Intel, 53,000 shares, price $813,

Buy, Nokia, 120,000 shares, price 9.98 USD,

Tuttle is like a robot. After receiving the instruction, it has an autonomous action. Even the keyboard can accurately input letters and amounts without looking at the keyboard, all of which happen in a very short time.

The stock market is changing at any time. If the customer's requirements cannot be met in time, it is likely to cause losses. It is necessary to quickly and accurately help customers trade. The basic skills that a qualified trader must have.

At 9:27 New York time, Tuttle received a sell order from a customer to sell two million shares of Boeing at 295. This price is much lower than the market price, because Boeing's current stock price is $3,216. It may be because more stocks are sold, and the other party is eager to sell them, so the price entrusted by the client is also correspondingly lower.

After receiving this commission, Tuttle did not hesitate and immediately entered the corresponding price and quantity in the transaction terminal, and then pressed the enter button to entrust the order.

Tattel never thought that his knock, which was no different from usual, was tantamount to dropping a nuclear bomb in the whole securities market.

"At that time, I didn't know that such a thing would happen... But even if I knew it, I would fulfill my duties as usual." Later, when the reporter interviewed Tuttle, he said so.

After entering several entrusted transactions again, Tuttle heard a colleague's exclamation in his ear, "Oh, my God!"

"What's the matter?"

"Oh, my God, I can't believe it!"

"Look, Boeing's stock!"

The whole trading room suddenly became lively.

According to everyone's reminder, Tuttle immediately checked the real-time market chart of his cleaning company. At the beginning, the winding curve floating up and down suddenly seemed to have encountered a sink, leaning down in a straight line, as if falling from the clouds.

"God!" Tuttle exclaimed and immediately checked the sales orders. He found that more and more sales orders began to pile up. At this time, customers' commissions kept coming from his headphones, all of which were selling Boeing stocks, and the price was lower and lower.

"Everyone, be quiet!" The supervisor stood up at this time and said, "Let's concentrate on our work!" Something special must have happened, but our work cannot be affected!"

At this time, the trading room was busy, and the number of entrustment orders received by everyone increased several times in an instant, and the phone was about to explode.

At this time, the whole U.S. stock market, with the abnormal movement of the cleaning company's stock as the trigger, like a drop of oil dripping into the water, immediately spread at a very fast speed.

The Dow Jones Index, which has been climbing slowly, suddenly became flattened. After more than ten minutes, it immediately turned down, and the slope was getting bigger and bigger...

"Oh, my God, what's the matter?"

"Is the end of the world coming?"

"FU*K! Sell my stock quickly at a price of two yuan lower than the market price!"

"Did the war break out? Why did the stock market suddenly fall sharply?

"The stock market has collapsed! The history of 1987 is about to repeat itself!"

On Wall Street, all financiers and bankers are going crazy. They don't know what's going on at all. The stock market is like a dam that opens a gate and begins to pour down sharply.

The vast majority of ordinary people don't know what to do at all. They all raise their heads and stare at the stocks in their hands diving sharply.

In just one hour, many stocks even plunged directly to 1 cent or 0 yuan.

Others began to reverse, and they began to buy stocks in large quantities.

After discovering this phenomenon, Lin Hong immediately called Phylized. As a result, she was told that she was already paying close attention to it and would definitely not miss the good opportunity for gold falling from the sky. Lin Hong heard others talk about the sudden collapse of the Wall Street stock market when she was surfing the Internet.

According to the information he has, there seems to be no big movement in the United States at present.

Intuitively, he believes that there is something unknown hidden behind this matter, and it is likely to be something he has been looking for recently.

He immediately gave instructions to his super worm and tried his best to collect all the information about the direct cause of the plunge in the U.S. stock market.

At noon, the diving of the stock market suddenly stopped, and immediately rebounded at the faster speed before, as if a ball that had just fallen from a high altitude touched the ground and bounced high in an instant, returning to its original level in less than 20 minutes.

The Dow Jones index has also recovered from more than 4,000 points to more than 5,000 points, and the previous multi-point index, which was originally dived, has completely returned to its original state.

The stock price of Boeing, which was the first to suffer, also recovered from being cut in half to the original price, with a gap of double in the middle.

All American investors have experienced the feeling of riding a flying car, immediately from the cloud to the bottom of the valley, and then rushed back to the cloud.

U.S. regulators launched an investigation into this for the first time, but the final source was traced back to Tuttle.

"What, I caused this incident?" Tattel was stunned when he heard the investigator's words, and then he smiled and said, "Man, are you kidding? How can I have such great ability?"

The investigator finally pulled the record from his computer, which showed that at 9:27, Tuttle sold a transaction for $295, and the amount was as high as 2 billion!

After seeing this record, Tuttle's face changed greatly: "This is impossible! This is not the deal I made!"

He remembered the entrustment, because compared with the previous tepid entrustment transaction, the transaction was relatively large, but he clearly remembered that he did place an order of 2 million instead of 2 billion.

"There must be something wrong with this!" Tuttle realized the seriousness of the matter, and he never believed that he would make such a mistake.

"It's true that you made a mistake. You typed a wrong letter when selling the stock and mistyped the million (Millian) into a billion (bulion)."

The impact of a huge sell order was originally limited, at most Boeing's stock price fluctuated, but Boeing's stock is a component of the Dow Jones 30 industrial stock average price index, which is also a component of the S&P 500 index. Moreover, its proportion is relatively heavy. If it changes sharply at the beginning, it can affect the change of the Dow Jones Index.

Nowadays, the stock exchange market has begun to gradually introduce computer trading. Many trading companies or other investment institutions have begun to use computers to monitor the fluctuation of the story. Once you encounter a particularly abnormal situation, such as a large number of selling orders, it is believed that there are major disasters or bad events. These transactions The robot starts to trade automatically.

It was precisely because this automatic trading robot monitored the abnormality of Boeing's stock price that it immediately took corresponding actions, which played a role in boosting the flames and further accelerated the diving of the Dow.

After reading this investigation report, everyone suddenly laughed and cried. A trader's mistake caused such a sharp fluctuation in the U.S. stock market. Is he God?

The title of Tuttle's "Finger of God" is very popular.

"I'm sure I didn't make a mistake!" Tuttle insisted.

However, his weak struggle drowned in the torrent of everyone's condemnation, and no one believed his words.