Rebirth of the Financial Crisis Sweeping the World

Chapter 409: 409 short! Net worth refreshed high!

  Chapter 409 409 short! Net worth refreshed high!

  Fifteen minutes later, the Dow Jones index finally rose to the 8450 position. Wang Guanxi shouted: "Start short and smash the Dow Jones index down."

  "Yes, BOSS" everyone immediately started shorting.

  500 hands!

  1000 hands!

  2000 hands!

  ··

  The Dow Jones Index just touched the 8450, and it was smashed. Not only was Wang Guanxi’s No. 1 fund short, but many investors were also short here.

  The Dow Jones Index turned around and fell sharply.

  8441

  8430

  8419

  8400!

   fell 50 points and then found support here.

  Wang Guanxi asked: "How many hands have you shorted?"

  The Dow Jones Index fell very quickly. Not only did the No. 1 fund go short again, but other financial institutions were also short. Therefore, Wang Guanxi’s short list would not be traded at a high level, and the transaction position was also low.

   Wu Zhanhai said: "BOSS, I have shorted 50,000 hands."

  Wang Guanxi nodded: "Well, that's not bad."

  Wu Hongsheng is: "BOSS, now the bulls at the 8400 position are still quite stubborn and support the Dow Jones Index. Should we take the opportunity to continue shorting here?"

  At present, the decline of the Dow Jones Index has temporarily stopped. After all, the investors who hit the market at 8450 just now are also a few.

  The bulls were unable to break through the key resistance area of ​​8450 and began to regroup at 8400, brewing a new round of attacks.

  And this is just a good opportunity for them to short, because there are a lot of buying here, you can hedge against them, short orders are easy to trade, and it will not let the Dow Jones index fall too much, and spread the position of the position.

  Wang Guanxi thought for a while and said: “It’s not anxious. The bulls here are very tenacious. That's right. We wait for the main bulls to raise the Dow Jones Index to 8450 again, and then we will hit the market again.”

  "Just wait patiently now!"

  "Yes, BOSS" everyone continues to wait.

  However, the Dow Jones Index just failed to rise, and it has been oscillating around the 8400 position.

  In the blink of an eye, half an hour passed.

  Lu Jianyan asked: “Boss, this Dow Jones Index won’t fail to rise, right?”

  Guan Zhenyi also said: "The bulls have stopped attacking and are still defensive. The bears in the market are not strong enough. They are now evenly matched!"

  At present, the Dow Jones Index is firmly standing above the 8400 position and has been running in the 12-point range from 8400 to 8412.

  Wang Guanxi: "If you don’t come up again in 20 minutes, then be prepared to go short."

  Lin Jiyang asked: "Boss, how many ten thousand hands are we going to short this time?"

  Wang Guanxi thought for a while and wanted to say; "200,000 hands will do."

  Currently, there are 2.34 billion US dollars in the No. 1 fund trading account, shorting 200,000 lots, requires 2 billion US dollars of margin, which is still acceptable.

  After shorting 200,000 lots, there are still US$340 million in available funds in the account. This is actually a bit dangerous, because the Dow Jones Index fluctuates by hundreds of points every day, and it is easy to liquidate the position.

  Thinking of this, Wang Guanxi emphasized: “This time you have to be careful when you open a short position. The position of opening a position must be at least above the 8400 position!”

   "Yes, BOSS!"

  At this moment, in the trading room of Bareck Bank, a young man in a white shirt and black tie is reading an HS novel.

  At this time, a trader reminded: "Arthur, the Dow Jones index has fallen to the 8400 position, have you closed your position?"

  Arthur was taken aback, and quickly closed the page of the H novel, and then switched to the Dow Jones index chart.

  The Dow Jones Index actually fell to the 8400 position. He had thought that the Dow Jones Index could keep going up.

  At this time, the trader next to him asked again: "Are you going to close the position?"

  The two bought a large amount of Dow Jones index futures contracts today before the 800 billion US dollars stimulus plan voted, and now there is a lot of money on the books.

  Joseph thought for a while and said: "Close the position"

   "Okay, then I will close the position too!" So the two of them closed the long Dow Jones index one after another.

  Close a long position is equal to short in the market.

  Dow Jones Index fell below the 8400 position after the two men closed their positions!

  The bulls here have retreated, and many short-term profitable bulls saw the Dow Jones Index drop below the 8400 position and closed their positions!

  The Dow Jones Index fell all the way.

  8392

  8381

  8373

  8364

  8350

  ··

   soon fell to the 8300 position!

  Huntington Bank, Wang Guanxi said silently: "Unexpectedly, the Dow Jones Index dropped by 150 points!"

  At present, the No. 1 fund is only short 50,000 lots, while the Dow Jones index has been falling, and now it has fallen to the 8300 position, which does not meet the short-selling conditions.

  Wang Guanxi hoped that the Dow Jones Index could rush to the 8450 position again, but he did not expect the bulls to retreat all the way to the 8300 position.

   Wu Zhanhai asked: "Boss, shall we be free now?"

  Nowadays, the Dow Jones Index has a high probability that it will not rush to the 8400 position anymore, and it is also possible to go short now.

  Wu Hongsheng also said: "The bulls are now in a complete decline. We may be able to defeat the bulls at the 8300 position in one fell swoop!"

  Because the 800 billion US dollars economic stimulus package was passed today, the bulls had a carnival, and now they are in a downturn.

  Li Guangyu also said: “Boss, I feel that the Dow Jones Index will not rise anymore. Should we not be short here?”

  Wang Guanxi thought about it carefully and felt that the position was low. In his heart, he still hopes that the Dow Jones Index can return to the 8400 position again, and then go short again.

   "Wait, no hurry!"

  Time has passed 20 minutes again!

  The bulls at the 8300 position are very stubborn. After holding the 8300 position, the bears gradually become weaker.

  After another 15 minutes, the Dow Jones Index started to rise.

  8304

  8310

  8316

  8320, but was suppressed again.

  Lu Jianyan was a little excited and said: "BOSS, the Dow Jones Index really rose."

  And Guan Zhenyi said with some regret: “Unfortunately, the Dow Jones Index has only risen by 20 points, and I don’t know if it can return to above 8,400.”

  Lin Jiyang said: “It is definitely possible. The bulls are still very strong. After all, the 800 billion US dollars economic stimulus plan has been voted through, giving the bulls in the market enough confidence.”

  Wang Guanxi nodded: "That's right, the bulls in the market are still very confident now. Wait for the Dow Jones Index to rise above 8400!"

  This time, you need to short 200,000 lots, and you need a margin of 2 billion U.S. dollars, and there is only 2.34 billion U.S. dollars in the account. It is easy to liquidate.

  "We have always been cautious when opening positions!"

  "You must wait for the position above 8400 to go short!"

  The position above 8400 is short. This is the position stipulated by Wang Guanxi and must be strictly implemented.

   "Yes, BOSS!"

  But 20 minutes later, the Dow Jones Index fell back to the 8300 position again, which made everyone very regretful.

  Wang Guanxi shouted: "Keep waiting, if there is no chance today, it will be tomorrow!"

  As for the Feld Group, Feld's eyes are fixed on the Dow Jones index chart, and his mouth is proud.

  Although the Dow Jones Index has fallen from today’s high of 8450, he believes that in the future, the Dow Jones Index will be able to break through this key resistance area under the positive effect of the 800 billion US dollars economic stimulus package, and then start a new round of skyrocketing.

  He is very looking forward to this.

   "This black shirt investment bank must have liquidated its position early, haha, this cannon fodder has made money, do you still know to run in time?"

  "It's just short-sighted, and I left after making a small amount of money. I don't have the idea of ​​making big money."

   "The Black Shirt Investment Bank is really small in size, and it's just for petty profits."

  At this time, the assistant asked: "Mr. Feld, shall we buy now?"

   Feld said; "Not for the time being!"

  ··

  At this time a message came.

  Wall Street Journal: The U.S. government will establish a bad bank to buy the troubled assets of financial institutions!

  This news made investors very excited.

  The Dow Jones, Nasdaq, and Standard & Poor's 500 indexes all rose.

  "BOSS, the U.S. stock market has risen sharply"

   "Hey, our chance to short high positions is here again"

   "I don't know if the Dow Jones Index will rush above the 8450 position!"

  "It should be possible"

   "Although it is convenient for us to short the Dow Jones Index, the stock prices of Wells Fargo, Citibank, and Bank of America have risen a lot, and we have lost a lot of money on our books."

   "Yes, this financial and bank stock has risen particularly sharply"

  At this time, Wang Guanxi said: "It's okay. The rise of financial and bank stocks is also temporary, just like the Dow Jones Index. Just keep it steady."

  "Now the Dow Jones Index, as well as bank stocks are rising sharply, everyone is ready, and when the Dow Jones Index rises to the 8450 position, it will start shorting."

  "Yes, BOSS" everyone is looking forward to it.

  In just 20 minutes, Wells Fargo has risen by 31%, Citigroup has risen by 19%, and Bank of America has risen by 13%.

  Wang Guanxi’s No. 2 Fund, No. 3 Fund, and No. 4 Fund are shorting Citibank, Wells Fargo Bank, and Bank of America, respectively, and the profit loss is not small.

  Fortunately, the Dow Jones Index also rose by 150 points, rushing from the 8300 position to the 8450 position again.

The position of   8450 is on the daily chart. The 40 MA constitutes a key resistance position. Wang Guanxi shouted: "Go short, smash it down!"

  "Yes, BOSS" everyone immediately started shorting.

  4000 hands!

  1000 lots

  2500 hands!

  3500 hands!

  ··

  Dow Jones Indexes began to turn around and fall under the short selling of the No. 1 Fund.

  8446

  8441

  8432

  8431

  8420

  8409

At   8400, the No. 1 Fund was shorted by 100,000 lots, and the Dow Jones Index was forced to hit 50 points!

  And the bulls in the market have turned around and plummeted because the Dow Jones Index touched the key resistance area of ​​8450, and they felt fear and lack of confidence in their hearts.

  Many retail investors are dumbfounded.

   "This Dow Jones Index will definitely not be able to break through the 8450 position"

  “There are big funds shorting at the 8450 position”

  "I think the Dow Jones Index will definitely not be able to break through the 8450 position. What can I do now?"

   "Forget it, we closed the position, anyway we made a lot of money"

   "Yes, the position is closed, the position is closed."

   Suddenly the Dow Jones Index fell below the 8400 position and fell to the 8380 position.

  As for the Feld Group, Feld opened the mouth and said: "Buy it, and pull the Dow Jones Index up for me."

  "Yes, Mr. Feld" assistant quickly went to do it.

  Then the Dow Jones Index rose again.

   quickly rushed to the 8430 position.

   Feld shouted: "Stop!"

  Counting this time, they hold a total of 200,000 hands of the Dow Jones Index, with an average position of 8230 and a floating profit of 200 points on the book, totaling a floating profit of 400 million US dollars.

  Then the Dow Jones Index settled on the 28230 position.

   Feld murmured to himself: “It’s not a problem to make a billion dollars this time, let’s get your blood back slowly”

   Bernard Madoff defrauded him of $7.5 billion, and he will slowly earn it back.

   "This time, the Black Shirt Investment Bank closed its position early, which is just a short-sighted fool"

  This time the information comes.

  【Black Shirt Investment Bank is short on the US stock market】

The vice president of the Black Shirt Investment Bank claimed: The US economic fundamentals are poor, and the stock market will continue to fall. The benefits of the 800 billion US dollars economic stimulus plan are only temporary and will soon disappear. The stock market may be the next day. Plummet

   Feld chuckled and shook his head.

  The assistant said: "Mr. Feld, this black shirt investment bank must be short on the Dow Jones Index."

   Feld smiled and said: "If there is a kind, they will try to go short and see if the bulls in the market blow up their chrysanthemums?"

   Then he said with a sneer: “I hope that the Black Shirt Investment Bank will be short, when the Dow Jones Index will continue to rise for a week in the positive effects of the 800 billion US dollars economic stimulus package!”

   "This ignorant, short-sighted, stupid black shirt investment bank, this time I make them look good!"

  Thinking of this, he continued: "Release me the news that is good for the stock market, and specialize in the investment report of the Black Shirt Investment Bank."

   "Yes, Mr. Feld"

Soon the Feld Group claimed that the U.S. stock market would continue to rise in the new president’s economic stimulus package... Finally, it claimed that some rumors had deliberately created a stock market panic, saying that the stock market would plummet the next day. To achieve the ulterior purpose.

  At this moment, at Huntington Bank, Wang Guanxi looked at the statement issued by the Feld Group and smiled.

   Wu Zhanhai: "BOSS, this Feld Group must still hold a large number of Dow Jones long lists"

  Wu Hongsheng: "This guy says we make rumors, it's hateful"

  Li Guangyu: "Boss, do we want to hit the 8430 here to show the colors of the Feld Group?"

  Wang Guanxi said: "Not for the time being, wait for the Dow Jones Index to rise to the 8450 position, and smash it down again."

  At this time, the Dow Jones Index rose by another 10 points, rushing to the 8440 position!

  But it’s not going up anymore. After half an hour passed by, Wang Guanxi thought for a while, so he ordered: ‘Smash it! ’

   "Yes, BOSS" and everyone smashed 50,000 hands!

  Then the Dow Jones Index fell 30 points to 8410.

  Wang Guanxi’s No. 1 fund shorted the Dow Jones Index with a total of 200,000 lots, with an average position of 8,425, a fluctuation of US$2 million, and a temporary profit of US$30 million.

  The net value of the account is as high as US$2.37 billion.

  Wang Guanxi looked at the time, and said: "Keep your eyes on the board!"

  After speaking, he left the trading room.

  He has been very excited since I got up this morning. He needs a rest, a good night's sleep, and wakes up to eat dinner in the evening.

   Soon the Dow Jones Index fell another 10 points, falling to the 8400 position, and then was supported here, the long and short sides are evenly matched.

  ··

  At the moment at Bareck Bank, Joseph watched the Dow Jones Index stabilized at 8400, thought about it, and murmured: "Short tens of thousands of hands."

   So he went short!

   hit the Dow Jones Index to the 8375 position.

  Close.

  American time, 7 pm, the restaurant of the Hilton Hotel, Wang Guanxi, Luo Baowen, Wu Zhanhai, Lu Jianyan and others were having dinner.

  Wu Zhanhai ate a piece of beef and said excitedly: "BOSS, the Dow Jones Index has fallen below the 8400 position and closed at 8375!"

  Wu Hongsheng drinking champagne: "In fact, the market is already very weak. Tomorrow the Dow Jones Index will definitely plummet, and the Feld Group will be beaten in the face."

  Li Guangyu ate pears: "Hey, this Feld Group has a good show!"

  Wang Guanxi nodded: "This time we shorted 200,000 lots, and a fluctuation of one point is 2 million US dollars. If we just rise by a few hundred points, we will lose our position.

   "Be careful tomorrow too"

  At this time, a message came out, it was about economic data.

  Lu Jianyan excitedly said: "BOSS, there are several important economic data to be announced tomorrow!"

  Wang Guanxi asked: "What economic data?"

  Guan Zhenyi said: “The number of people who continue to apply for unemployment benefits, new home sales in December”

  Lin Jiyang: "BOSS, after the two economic data are released tomorrow, they must be very poor, and the stock market will definitely plummet by then!"

  Wang Guanxi smiled and said: “That’s not necessarily true, but hope is bad, right”

  Time passed in a flash.

  The next day, January 29.

  The financial market opens.

  The US Department of Labor reported that in the week ended January 17, the number of continuous applications for unemployment benefits in the United States increased by 159,000, and the seasonally adjusted total reached 4.78 million, a record high since the government began to count this number in 1967.

  Many companies announced layoffs, Starbucks layoffs 7,000 people, Kodak layoffs 3,500 to 4,500 people, Allstate layoffs 1,000 people.

  The U.S. stock market has begun to plummet.

  The Dow Jones Index has dropped from the 8375 position to the 8300 position!

  Wang Guanxi said excitedly: "It's so cool!"

  The horses are also very excited: "BOSS, this is only an economic data released, and economic data has not been released."

   "Hey, it must be bad then"

   "Yes, the stock market must continue to plummet tonight"

   "Haha, waiting for a good show"

   "Let the Feld Group cry out of the toilet tonight!"

  "The stock market has already hit the Feld Group!"

  At present, the No. 1 Fund has achieved a floating profit of 125 points, with a total floating profit of US$250 million.

  The net value of the account has reached US$2.59 billion.

  Wang Guanxi said excitedly: "Watch the disk!"

   "Yes, BOSS!"

  After a short period of support, it fell below the 8300 position!

   all the way down to the 8285 position!

  But not long after, it rose to the 8300 position.

   Wu Zhanhai: "BOSS, we will announce the new home sales rate in December in the United States"

  Wu Hongsheng: "It will definitely be very, very bad"

  Li Guangyu echoed; "Yes, the situation is so bad now, I don't believe it can be any better!"

  Wang Guanxi smiled and said: "Wait for the Dow Jones Index to continue to plummet!"

  Time passed in a flash.

  The US new home sales rate in December was announced.

  The sales volume of new homes in December was 331,000 units, a record low, a decrease of 14.7% from the previous month, and the rate of decline was also higher than expected.

  The supply of new homes is calculated based on the current sales rate for nearly 13 months, setting a historical record!

  Due to the severe employment situation, the number of home buyers has decreased, and the demand for new houses remains sluggish.

  At the same time, it also announced durable goods orders in December, which fell by 2.6%, which has been a decline for 5 consecutive months.

  Excluding transportation, orders for the month fell by 3.6%, and the above declines exceeded expectations.

  The U.S. stock market plummeted!

  The Dow Jones Index plummeted all the way, from the 8300 position to the 8175 position, a full fall of 125 points!

  There are 250 points floating on the book of No. 1 Fund, totaling 500 million U.S. dollars, and the net value of the account is as high as 2.84 billion U.S. dollars.

  As for the Feld Group, Feld sweated on his forehead and shouted: "Close the position, close the position for me, don’t hold it, and clear the last long position."

  "Yes, Mr. Feld" assistant quickly arranged.

   Soon they closed the 200,000 short positions in their account and lost 200 million US dollars.

  At this time, the news of the Black Shirt Investment Bank came out.

  Black Shirt Investment Bank's voice: The decline in housing sales shows that the real estate industry is still at the center of the global credit crisis, and the economic downturn will continue until the end of 2009.

   "Oh, this **** black shirt investment bank is Crow's Mouth!"

   Feld was very angry inside!

  He originally had a lot of money in his account, but he did not expect to lose 200 million US dollars in the end!

  Huntington Bank, in the trading room, Wang Guanxi was very happy, and said: "Tomorrow, the fourth quarter GDP data of the United States will be released, everyone is ready to lie down and win."

  The horses said excitedly: "Lie and win."

   "Haha, this time the Feld Group has cleared its position, and the news said it lost 200 million US dollars."

   "Hehe, I'm overly self-reliant"

  "Destroying this old fox to death"

   "I didn't expect this old fox to stop loss so timely"

   "Yes, otherwise the fourth quarter GDP of the United States will be announced tomorrow, and he will definitely lose more."

  ··

  The next day, January 29, Friday,

  The financial market opens.

  The Dow Jones Index rose by 50 points first, rushing from the 8175 position to the 8225 position.

  U.S. fourth quarter GDP fell by 3.8%, a 27-year low

  The U.S. government reported on Friday that, affected by consumer and corporate spending cuts, the U.S. economic growth rate fell to a 27-year high in the fourth quarter, and the U.S. economy fell into a more severe recession.

  The U.S. stock market suddenly plummeted.

  Dow Jones Index fell below the 8200 position in an instant, plummeting all the way!

  8190

  8170

  8150

  8140

  ··

  8100 position, temporarily supported.

  No. 1 Fund has a floating profit of 325 points on the book, a floating profit of 650 million U.S. dollars, and a net account value of 2.99 billion U.S. dollars.

  It is about to break through 3 billion US dollars, Wang Guanxi is particularly excited.

  Wall Street Journal: Deteriorating economic outlook, U.S. stocks fell sharply

  Busy retail investors are frightened!

  Selling!

  Selling!

  Clear stocks!

  Short retail investors have been shorting and hitting the market!

  The entire U.S. stock market is wailing!

  The Dow Jones Index plummeted all the way!

  8090

  8081

  8072

  8069

  ···

   fell all the way to the 8000 position!

  Never stop!

   Continue to fall!

  7989

  7980

  7968

  7984

  7950

  7940, Wang Guanxi shouted: "Close the position! Don't keep it at all!"

  "Yes, BOSS" everyone began to close their positions!

  The short position closing is equal to buying. The 200,000 short position liquidators of the No. 1 Fund made the Dow Jones Index rise by 120 points and rushed to the 8060 position!

  Wang Guanxi asked: "How much money did you make?"

  Wu Zhanhai said excitedly: "We have won 950 million US dollars."

  The average liquidation position of the No. 1 Fund this time is 7950, gaining 475 points and a profit of US$950 million.

  The principal is 2.34 billion US dollars, plus a profit of 950 million US dollars, the net account value is as high as 3.29 billion US dollars.

  Wang Guanxi was very happy, and said: "Very well, everyone has a good rest this weekend, we may continue the battle next week!"

   "Yes, BOSS"

  (End of this chapter)