Chapter 417 417 Thunder strike, delayed release of rescue plan!

  The Dow Jones Index has become very vulnerable at the 8350 position because the No. 1 Fund has smashed 200,000 lots.

  The bullish blood of the retail bulls in the market was suddenly plummeted, just like being poured with cold water.

  Last week, the highest point of the Dow Jones Index was 8450. I didn’t expect to hit this position this week and hit the slam directly. This is the top.

  At this time, the Black Shirt Investment Bank and Huntington Bank released bad news.

  Busy retail investors are in fear in their hearts.

  Especially short-term profitable long retail investors have closed their positions!

  Let the Dow Jones index fall further.

  8341

  8335

  8330

  8325

  ··

   Soon the Dow Jones Index fell to 8,300.

  Fund No. 1 has a floating profit of 50 points on the book, a total floating profit of 200 million US dollars.

  The net value of the account is as high as 4.84 billion US dollars.

  Wang Guanxi said excitedly: "Fortunately, this time I have a lot of funds, and I shorted 400,000 lots. Otherwise, I really can't smash the Dow Jones Index from the 8450 position. I hope the Dow Jones Index can fall below the 8300 position!"

  As soon as the stock market opened today, Soros, Feld, Bill Ford, and Milos Messi pushed the Dow Jones index up by 150 points, and now they are beaten back to the prototype by Wang Guanxi.

   Wu Zhanhai: "BOSS, Soros, Feld and others underestimated our strength!"

  Wu Hongsheng: "Hey, we shorted 400,000 hands, what are they!"

  Li Guangyu echoed: "That is, the Dow Jones Index must fall below the 8300 position!"

  Wang Guanxi smiled slightly when looking at the $200 million floating on the book; “I hope to fall below the 8300 position. Soros, Feld and others underestimated our strength, I will see what they do now!”

  Time flies,

  At this time, the news from the Wall Journal came.

  【U.S. Treasury Secretary Geithner may postpone the announcement of the rescue plan! 】

  Investors who originally expected the Ministry of Finance to announce the rescue plan today were all surprised. Although it may be a rumor, everyone panicked!

   So sell the stock!

  Or short Dow Jones Index futures.

  The Dow Jones Index fell below the 8300 position.

  The short-term bulls who had previously made profit in the market have left the market!

  One hour later, the Dow Jones Index fell by 50 points to the 8250 position!

  Wang Guanxi’s No. 1 Fund has a floating profit of 100 points on the book, a total floating profit of 400 million US dollars, and the net value of the account is as high as 5.04 billion US dollars.

  "The net worth finally broke 5 billion US dollars" Wang Guanxi took a sip from the tea cup recklessly.

Lu Jianyan said excitedly: "Boss, Soros, Feld and others are also horrifying. At 8450, it is the resistance area formed by the 40 moving average on the daily chart. I don’t know how many retail investors have been smashed by us and have bullish confidence. collapse!"

Wang Guanxi smiled and said: "They are indeed a bit silly, and they underestimated our capital and courage. They would never think that we shorted the 400,000 Dow Jones index contract, so we hit the market at 8450 to remove the bulls in the market. Being caught off guard, the confidence of those retail investors completely collapsed!"

Guan Zhenyi also said: "BOSS, Soros, Feld and others brought the rhythm when the market opened. Many retail investors also followed to buy the Dow Jones Index, and then they pushed up the Dow Jones Index together, and then we were hit by the key resistance of 8450. With a thunderous blow from the area, they completely collapsed."

Wang Guanxi smiled and said: "This time Soros, Feld and others were really caught off guard by me. Haha, they didn't expect us to drop 200,000 hands. Those who followed Soros, Feld and others bought in. The hearts of retail investors have collapsed, and continue to give me good news."

   "Yes, BOSS"

  In a flash, the Dow Jones Index failed to hold its position at 8250 and continued to fall.

  Retail investors are still closing their positions.

  There are also financial institutions shorting.

  The Dow Jones index slowly fell another 50 points, falling to the 8200 position.

  Now the No. 1 fund has a floating profit of 150 points on the book, a total of US$600 million in floating profit, and the net value of the account is as high as US$5.24 billion.

  He gently put down his tea cup, and said: "Today Soros, Feld is also unlucky, the US Treasury Department may really postpone the announcement of the rescue plan."

  Lin Jiyang: "Boss, this Soros, Feld must not dare to increase the position to buy, the quilt is dead, we gave them a thunder blow at the 8450 position, the effect is really good!"

  Wang Guanxi smiled and said: "They were so trapped this time, they are probably regretting death in their hearts!"

  What makes him most happy is undoubtedly that the Ford Family Foundation has also been trapped.

  ··

  At this moment, Soros, Feld, Bill Ford, Milus Messi's four-person chat group.

  The four faces are extremely gloomy!

  Soros: "Unexpectedly, Wang Guanxi hit the game at the 8450 position, let us fall short!"

  Bill Ford: "We have underestimated the determination of these retail investors, they are all shaky grassroots!"

  Milus Messi: "The U.S. Treasury Department may also postpone the announcement of the rescue plan. Alas, will the Dow Jones Index continue to fall sharply?"

   Feld said: “Don’t panic, now the Dow Jones Index is supported. It’s just that the Eastern farmers hit the market before and the Wall Street Journal’s rumors that the Ministry of Finance delayed the announcement of the rescue plan, which caused the Dow Jones Index to fall all the way.”

  Soros: "See if the Dow Jones Index will fall below the 8200 position"

  Bill Ford: "Should we continue to add to the 8200 position?"

  Milus Messi: "Wait another half an hour!"

   Feld: "This Eastern farmer must be very proud. He thought that what the Wall Street Journal was saying was true!"

   "Today the Ministry of Finance will definitely announce the rescue plan truthfully."

   "That's good for the stock market"

  "We will increase the position in half an hour!"

  Time passed in a flash, half an hour later, everyone began to increase their positions!

   Soon the Dow Jones Index started to rise!

  8210

  8225

  8238

  8252

  8267

  ··

  8300 position, the rally was suppressed.

  Soros: "Continue to buy!"

   "Good to continue buying!"

  "Don't let this eastern farmer scream!"

   "Let their profits disappear!"

  So everyone pushed up the Dow Jones Index again!

  8309

  8321

  8328

  8339

  8345

  8350 position to stop!

   Soros said excitedly: "We are just waiting for the Ministry of Finance to release the rescue plan."

   Feld: "Let’s see how this Eastern farmer is still playing with us. When the Ministry of Finance releases the rescue plan, the Dow Jones Index will definitely reach the 8450 position again."

  Bill Ford: “Yes, now it’s his turn to be scared, just waiting for the Ministry of Finance to release the rescue plan”

  Milus Messi: "I see if he dare to go short? Now they are waiting to die!"

  At this moment, Huntington Bank, in the trading room, the horses are very depressed.

  Wu Zhanhai walked to the side of Wang Guanxi, who closed his eyes, and said: "BOSS, Soros and others have increased their positions, and the Dow Jones Index has pulled up again."

  Wang Guanxi opened his eyes, a little surprised.

  "Soros, Feld and others have a lot of money!"

  At present, all the floating profits on the book of No. 1 Fund have disappeared, and the net value of the account has returned to 4.64 billion US dollars.

  The current situation seems to be bad for Wang Guanxi.

  Wu Hongsheng asked: "BOSS, the Wall Street Journal said that the Ministry of Finance may delay the release of the rescue plan, and I don’t know if it’s true?"

  Wang Guanxi: "It should be true, this time the Wall Street Journal did not spread rumors"

  Li Guangyu said: “BOSS, if the Ministry of Finance delays the announcement of the rescue plan, it will be very beneficial to us. The Dow Jones Index will definitely plummet a lot.”

  Wang Guanxi took a sip of tea and said, “That’s for sure. Let Soros, Feld and others cry out of the toilet today.”

  And Lu Jianyan suggested: "BOSS, do we want to announce that the Ministry of Finance will postpone the release of the rescue plan?"

  Wang Guanxi nodded: "Go, let the news out!"

  So everyone released the news.

   Soon Soros Quantum Fund, Feld Group, Ford Family Foundation, Fifth Third Bank released news, saying that the Ministry of Finance will announce the rescue plan on time.

  And the Ministry of Finance does release the rescue plan on time, and claims to release it in two hours.

  As a result, the Dow Jones Index started to rise.

  8360

  8367

  8372

  8380

  8388

  ··

  8400 position, and then was suppressed here!

  Huntington Bank, Wang Guanxi's face is a little heavy.

  Fund No. 1 has a floating profit of US$600 million on its books and has turned into a floating loss of US$200 million.

   Wu Zhanhai: "Boss, this Wall Street Journal is not spreading rumors? Does the Ministry of Finance postpone the announcement of the rescue plan?"

  Wu Hongsheng: "The current situation is not good for us. If the Ministry of Finance does not postpone it, the Dow Jones Index will definitely rise by 50 points!"

  Li Guangyu: “Perhaps it can really rush to the 8450 position again, but I think the Dow Jones Index will definitely not break through this resistance zone”

  Wang Guanxi nodded: "Don't worry, you won't be able to break through!"

  Because the time for the Ministry of Finance to release the rescue plan is getting closer, the Dow Jones Index continues to rise at this time.

  8410

  8415

  8425

  8430

  8432

  ··

At the position of   8450, there was strong resistance, and the long and short sides fought fiercely.

  Wang Guanxi’s No. 1 fund has already lost 400 million US dollars on the book. If it rises by another 60 points, the account will be liquidated.

   And once the key resistance area of ​​8450 is broken, but the Dow Jones index soared by two hundred points, it is normal that Wang Guanxi's No. 1 fund trading account was forcibly liquidated.

  If you don’t have enough selling, you can’t close your position in a short time and you will lose more money.

  Lu Jianyan said worriedly: "If the Ministry of Finance issues a rescue plan, we will have to liquidate our positions in an instant."

  Guan Zhenyi also said; “This time we are in danger, alas, I didn’t expect the bulls in this market to be so powerful”

  Lin Jiyang: "Perhaps Soros, Feld and others are buying!"

  Wang Guanxi took a deep breath and said: "There are still 20 minutes to announce the rescue plan. Close your eyes and wait for the news."

  "Yes, BOSS" everyone closed their eyes.

  And Soros, Feld, Bill Ford, Milus Messi’s four-person chat group

  Everyone is very excited.

  Because they have increased their positions before buying.

  Soros: "This time, Wang Guanxi's book is full of losses and he is finished."

  Bill Ford: "Hey, just waiting for the Ministry of Finance to release the rescue plan."

  Milus Messi: "This time the Dow Jones Index will definitely be able to break through the 8450 area in one fell swoop. I don’t know how many shorts will blow up by then."

   Feld: "I estimate that the Eastern peasant also shorted at least 300,000 lots. This time, he has liquidated his position!"

  At this time, ten minutes before the release of the rescue plan, it was suddenly announced that the release of the rescue plan was postponed.

  Investors in the financial market are waiting for the Treasury Department’s bank rescue plan, but the plan was postponed a day later and will be announced at 11 a.m. Eastern time on Tuesday.

  Suddenly the Dow Jones Index plummeted.

  The profitable bulls have closed their positions!

   quickly fell by 50 points to the 8400 position!

  After a short shock for 15 minutes, it fell below the 8400 position.

  8392

  8384

  8372

  8361

  8352

  ··

   all the way down to the 8300 position!

  Huntington Bank, Wang Guanxi finally breathed a sigh of relief.

  The highest floating loss on the book was US$400 million. If the Dow Jones Index rose by another 60 points at that time, the position would be liquidated.

  Fortunately, the Ministry of Finance postponed the rescue plan, which caused a big gap in the psychological expectations of investors.

   "Huhu, I finally fell down. I was worried that we would be out of stock."

   "It was really dangerous just now, but fortunately, the rescue plan was postponed"

  "BOSS, **** off Soros!"

   "Haha, Soros, Feld and others are afraid to be extremely disappointed."

  "What if I look at them?"

   "These guys must have lost a lot of profit on the book just now"

Wang Guanxi smiled and said: "This time Soros, Feld, Bill Ford, and Milos Messi must have lost money on their books, and they dare not continue to increase their holdings. After the Dow Jones Index continued to fall, they lost."

  The Dow Jones Index still failed to break through the 8450 resistance zone today. This is Wang Guanxi’s confidence.

  In the chat group.

  Soros: "I didn't expect to announce the delay of the rescue plan 15 minutes ago. Damn it!"

   Feld: "Yes, it changed too quickly, but we still have to post it tomorrow morning. We can wait until tomorrow morning."

  Bill Ford: "This time Wang Guanxi escaped the blowout"

  Milus Messi: "Don't worry, the Dow Jones Index will continue to rise tomorrow. Today is just an appetizer. It is inevitable that the Eastern peasants will blow up their positions."

   Soros also said: “Yes, the Treasury Department will still announce the rescue plan tomorrow, and the Dow Jones Index will still skyrocket. I don’t believe that the Dow Jones Index will not be able to break through the 8450 blocking zone!”

  Bill Ford: "After the rescue plan is released, the stock market will definitely go up for a few days! It's really fun to buy up positions with you!"

  Milus Messi: "Even if it is Huntington Bank that can't swallow Wang Guanxi this time, as long as he loses money, I will see how much money he has to lose."

  Soros: "Now he is in debt"

   Feld: "This Eastern peasant should blow up his warehouse a few more times, and then go to farm!"

  Messi Messi: "He is the largest rancher in Ohio"

   Feld: "Isn't that still a farmer?"

  In a flash, the Dow Jones Index fell below the 8300 position, fell to the 8270 position, and then closed.

  No. 1 Fund has a floating profit of 320 million US dollars on the book, and the net value of the account is 4.96 billion US dollars.

  Wang Guanxi breathed a sigh of relief and said: “The Ministry of Finance will release a rescue plan at 11 o’clock tomorrow noon. Get ready, everyone!”

   "May rise and fall sharply"

  "Give me a message, stating that the sky may rise and fall sharply"

  "Or long-term negative for the stock market"

   "Or the rescue plan has little effect on the stock market!"

  "It's the BOSS" everyone hurried to publish the news.

  But it was immediately attacked by Soros Quantum Fund, Feld Group, Ford Family Foundation, and Fifth Third Bank!

  Both views are well-founded and have caused a lot of controversy.

  Everyone has their own reasons anyway.

  The next day, February 10th, Tuesday.

  The financial market opens.

  The Dow Jones Index fell 20 points to the 8250 position.

   Wu Zhanhai asked: "BOSS, before the Ministry of Finance releases the rescue plan, should we close the position?"

  (End of this chapter)