Rebirth of the Financial Crisis Sweeping the World

Chapter 418: 418 plummeted by 400 points, a big win!

  Chapter 418 418 plummeted by 400 points, a big victory!

   "No need, continue to hold" Wang Guanxi focused on the Dow Jones index chart, and said: "This morning the Ministry of Finance released a rescue plan, which is not necessarily a good stock market!"

  Thinking about it, Wang Guanxi said: "Once the economic rescue plan is announced, you will immediately publish your negative views on the stock market, articles."

  He felt that this rescue plan might not be as good as expected.

  Before the market was too noisy, everyone had very good expectations for the economic rescue plan, and they were optimistic about the follow-up economy.

  But Wang Guanxi is not optimistic about the follow-up economy.

  He felt that this little money was not enough to put into the market!

  "Yes, BOSS" everyone hurriedly arranged.

  Next, Wang Guanxi took a cup of coffee, sat on the sofa, and looked at downtown Columbus.

  The whole city seems to be quiet for everyone, but unknown dark clouds are brewing in the sky, which seems to be brewing heavy rain.

  Just like the financial market, a huge market is brewing, which seems to plummet and rise rapidly.

  Time elapses every minute and every second.

  The Dow Jones Index will rise for a while and fall for a while.

After Wang Guanxi finished a cup of coffee, the Dow Jones Index rose to the 8280 position.

   Fund No. 1 has a floating profit of US$280 million, with a net value of US$4.92 billion.

   Wu Zhanhai: “BOSS, Soros Quantum Fund, Feld Group, Ford Family Foundation, and Fifth Third Bank are all releasing news that is good for the stock market and the economy, and they refute our previous views."

  "Let me see" Wang Guanxi took a look at the phone, and was taken aback.

  Soros said the stock market bottomed out soon.

   Feld said the stock market will usher in a short-term surge

  Bill Ford said the stock market has bottomed out and will start a short-term bull market

  Mulus Messi said that the stock market will turn around soon, and the time for dips has arrived. He also questioned the financial situation of Huntington Bank.

   Then he smiled: "Soros, Feld's point of view is okay, this Bill Ford, Milos Messi are two superficial fools!"

   These two people are purely YY, Wang Guanxi glanced at the computer screen coldly.

  "Kneel these guys to death this time!"

  Wu Zhanhai also excitedly said: ‘BOSS, if the Ford Family Foundation is trapped this time, maybe we have a chance to take down the Ford Motor Company they control."

  Wu Hongsheng also said: "This Bill Ford doesn't give us face at all. It's five times the market price, and he doesn't sell it."

  Li Guangyu: "This Ford Motor Company may go bankrupt this time, and the stock price has fallen into shit!"

  Wang Guanxi sneered: “Bill Ford must be completely dead this time. There is a shortage of money. At that time, Ford Motor Company’s stock price will continue to fall. Let me see if he still talks about family glory with me!”

Lu Jianyan also said: "And Namilos Messi, now Fifth Third Bank is similar to our Huntington Bank, and it has been hit hard by the financial crisis. I heard that this guy also wants to swallow Huntington Bank and build the US Central and Eastern Bank. A bank!"

  Guan Zhenyi: "This fool also deserves it? It's hard to protect itself, and want to swallow Huntington Bank? Our Huntington Bank's acquisition of Wusan Bank is almost the same."

  Lin Jiyang: "Yes, the Fifth Third Bank is the largest bank in Ohio. If it is acquired, or the two banks merge, then it will be the first bank in the Mideast."

Wang Guanxi nodded: "Indeed, Milos Messi of the Fifth Third Bank also wanted to swallow the Huntington Bank. It is a horror. If we swallow the Fifth Third Bank this time, then we will urge the Ford family. Debt, then Ford Motor Company is ours"

  Speaking of this, Wang Guanxi was very excited.

  This time he won the Fifth Third Bank, and then the Ford Motor Company. He will own the largest bank in the central and eastern part and a Fortune 500 in the world!

  In this case, the embryonic form of a consortium in the Mideast of the United States was formed, starting from Ohio and Michigan, radiating the entire Mideast and even the East.

  Thinking of this, Wang Guanxi said: “This time, Bill Ford and Milus Messi must be beaten to death on the Dow Jones Index!”

   Wu Zhanhai: "Boss, they must be finished this time"

  Wu Hongsheng: "The rescue plan announced by the Ministry of Finance this time is estimated to be unable to produce significant positive effects."

Li Guangyu: "I also think that if the rescue plan fails to meet market expectations, those who have been buying the bottom of the stock market will crazily close their positions. The U.S. stock market will definitely plummet, and the Dow Jones index will fall terribly, Bill Ford, M Luz Messi is over this time"

  Wang Guanxi smiled and asked: “In any case, after the Ministry of Finance releases the rescue plan, immediately release a long-term bearish investment report for this rescue plan.”

  Lu Jianyan suddenly said: ‘BOSS, we might as well publish a long-term bearish stock market investment report before the rescue plan is released’

  Guan Zhenyi also echoed: "Yes, in this case, we can predict in advance to increase our retail fans and even investment managers."

  Lu Jianyan: "Yes, when the Ministry of Finance releases a rescue plan that is less than expected, everyone will definitely sell stocks and short Dow Jones Index futures."

  Wang Guanxi immediately said: “Then release it in advance, and release the bearish investment report now. The Dow Jones Index will definitely not rise.”

   "Action!"

   "Yes, BOSS!"

Soon the Blackshirt Investment Bank and Huntington Bank released an analysis of the financial rescue plan to be released by the Ministry of Finance, claiming that the financial rescue plan would not be effective in any real sense, and was far less than the expectations of investors. , The stock market is long-term negative.

   was quickly attacked by Soros, Feld, Bill Ford, and Milos Messi. The four also released long-term bullish investment reports.

  This upset suddenly generated intense discussions in various economic forums, stocks, and investment forums.

   "Fuck, the Black Shirt Investment Bank and Soros Quantum Fund are fighting again. I don't know who is right?"

   "This must be the credibility of the Black Shirt Investment Bank!"

  "Are you crazy? Blackshirt Investment Bank and Huntington Bank are always capricious and inconsistent. Take a closer look at their previous views!"

   "Yes, I've seen it, it's just the opposite logic, inconsistent!"

   "Fart, I followed the Black Shirt Investment Bank. I made money when I went long and short. That is your stupidity, you can't tell the difference."

   "This time the Black Shirt Investment Bank is fighting Soros Quantum Fund, I still prefer the Black Shirt Investment Bank."

   "Me too, Soros is just an old bastard"

  "The rescue plan of the Ministry of Finance this time may be the same as what the Black Shirt Investment Bank said. It is far below expectations. Let's sell the stocks."

   "TM, the Dow Jones index has always been sold heavily at the 8450 position, where there is a top, I feel that the stock market has been falling for a long time."

   "Yes, go short the Dow Jones Index."

  ··

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

  Soros: "This time, Wang Guanxi holds an estimated short list of more than 350,000 hands. He released an investment report on the stock market in advance, saying that the rescue plan is far less than expected, indicating that he is already very panicked."

   Feld: "Yes, this Eastern farmer is scared in his heart. He released a bearish investment report in advance just to cheer himself up."

  Bill Ford: "We will see how the Treasury Department slaps them in the face later!"

  Milus Messi: "Yes, just wait for the financial rescue plan to come out, and then the stock market skyrocketed. This time the Dow Jones Index will definitely reach more than 9,000."

  Soros: "Wang Guanxi is going to blow out this time"

   Feld; "I hope this eastern peasant will increase short positions, and then all lose money"

  Bill Ford: "That's for sure, just wait for the stock market to skyrocket"

  Milus Messi: “It’s okay for the Dow Jones Index to surge 400 points today!”

  Time passed in a flash.

   Soon, the new US Treasury Secretary Geithner announced a new plan called the "Financial Stability Plan" to replace the original plan of the Treasury Department to stabilize and repair the financial system and activate the credit flow necessary for economic recovery.

  Geithner described the specific measures that the Ministry of Finance will take after reviewing the severe situation and explaining the process of the new plan.

  "First, we will require banking institutions to undergo a well-designed comprehensive stress test. We hope that their balance sheets will be cleaner and more stable.

We will adopt a new capital support plan to help those institutions in need to advance this process. In order to do this, we will gather government agencies that have the authority to supervise our country’s large banks to make more reliable balance sheet risks. , A more realistic and forward-looking assessment, we will introduce new measures to improve information disclosure in the banking industry.

  Those institutions that need more capital will be able to use a new financing mechanism that will use the funds of the Ministry of Finance as a bridge to obtain private capital.

  The government’s relevant aid capital will be subject to conditions to ensure that the lending generated by each piece of aid funds is higher than the level that would be generated without government funding.

  The funding will be accompanied by provisions encouraging financial institutions to replace government funding with private capital as soon as possible.

  The Ministry of Finance’s investment in institutions in need of assistance will be placed in a new trust fund called the “Financial Stability Trust”.

  Secondly, we will unite the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and private institutions to establish a fund called the "Public-Private Investment Fund", which is a parallel fund with the "Financial Stability Trust".

  This fund plan will provide government capital and government financing, and then promote private capital to help the private market resume operations again.

  The investment goal of this fund is the legacy of non-performing loans and assets that currently plague many financial institutions.

  By providing financing that currently cannot be provided by the private market, this fund will help launch the real estate-related asset market, and these assets are the core source of this crisis.

  Our goal is to use private capital and private asset managers to establish a market mechanism for valuing these assets.

  We are exploring a series of different structural methods for this plan. We hope that market participants and the public can invest as much as we want.

  We believe that this plan may eventually provide a loan capacity of up to US$1 trillion, but our initial plan is to start with a scale of US$500 billion and expand it according to its operation.

  Third, we are ready to raise up to US$1 trillion through cooperation with the Federal Reserve to support a new plan called "Starting Consumer and Commercial Credit".

  Fourth, this plan will activate the secondary credit market, reduce borrowing costs, and help the credit flow return to normal.

  This credit plan will be based on the “asset-backed securities term loan facility” released by the Federal Reserve in November last year, and its capital will come from loans from the Ministry of Finance and the Federal Reserve. We have reached the following agreement: The goal of this project will be expanded to include small business credit, student loans, consumer and auto loan markets, and commercial mortgage loans.

  Finally, we will launch a comprehensive real estate plan.

  Millions of Americans have lost their homes, and millions more are at risk of losing their homes because they are unable to repay their loans or refinance their mortgages.

  We will announce the details of this plan in the coming weeks. Our focus will be to use all government resources to reduce mortgage repayments and interest rates.

  We have been authorized by Congress’ Emergency Economic Stability Act to use a lot of resources for this purpose. "

  Investors are disappointed with the latest bank rescue plan of the US government. The way they express their disappointment is to sell stocks.

  The Dow Jones, Nasdaq, and Standard & Poor's indices plummeted.

  The financial stocks led the decline, which also reflects Wall Street’s concern that the US government cannot restore the stability of the financial system.

  The overall financial sector fell by 10.7%, of which Bank of America fell by 19%, Wells Fargo Bank fell by 14%, Wusan Bank fell by 24%, and Huntington Bank fell by 25%.

  Traders and investors said that Geithner’s speech lacked specific content, which is disturbing.

  Harris Financial Group partner James: "The good news is that they will spend $1 trillion. The bad news is that they don’t know how to spend this money."

  Black Shirt Investment Bank Rene Smith: "The market sees this plan as a panacea, and investors have high hopes for it. The higher the hope, the greater the disappointment."

  Many investors also questioned the effectiveness of the plan. The US government also introduced similar measures in the last three months of 2008.

  In addition, due to the sharp rise in US stocks last week, the selling pressure is greater today, which is also the path of reason.

  The stock market is full of grief!

  Long retail investors are bloodbathed.

   "It's over, it's over, I'm stuck in a trap, I knew it would be better to listen to the Black Shirt Investment Bank!"

   "I'm crazy, go to believe in Soros, these two old **** Feld!"

   "I knew it, I should have followed the Black Shirt Investment Bank"

   "Oh, I should liquidate the stocks"

   "The Dow Jones Index fell so terribly!"

   "TM's, it fell 400 points today!"

  "My account has been liquidated!"

   "A full 400 points, I can't imagine it!"

  "My account is on the verge of liquidation, I regret not listening to the Black Shirt Investment Bank"

   "This Soros is just a shame!"

   "The Feld Group is even more stupid, so mentally retarded, this Feld was cheated by Bernard Madoff of 7.5 billion US dollars, there is a pit in his head! I actually believe this old evil pen!"

   "This TM, I was killed by the Feld Group and Soros!"

   "The Dow Jones Index fell by 400 points, and I liquidated my position twice!"

   "This Soros, Feld must have suffered a miserable loss"

   "The Ford Family Foundation also suffered a miserable loss, and the Ford Motor Company will also go bankrupt."

   "Milus Messi of Fifth Third Bank is also an idiot!"

  ··

  At this moment, the chat group of Soros, Feld, Bill Ford, and Milos Messi is silent!

  The four people in front of the screen are all very gloomy, and no one is too lazy to speak.

   Soros suddenly said: "Everyone, I may be retreating."

   Feld: "Also, I may also retreat"

  Bill Ford: "I continue to carry, I don't believe that the economic stimulus plan will not work!"

  Milus Messi: "My TM, I'm going to sell out!"

  And Huntington Bank, in the trading room, Wang Guanxi and others continued.

  Now the Dow Jones Index has plummeted by 400 points, falling to the 7850 position.

   Fund No. 1 has a floating profit of 500 points on the book, a total floating profit of 2 billion US dollars, and a net account value of up to 6.64 billion US dollars.

   Wu Zhanhai: "BOSS, this time Soros, Feld and others are all trapped to death"

  Wu Hongsheng: "They are completely finished this time, haha, 400 points fell down, and the whole bull market collapsed."

  Li Guangyu: “That’s natural, and I don’t know how much money Soros, Feld and others have lost”

  Wang Guanxi smiled and said: "Our book has a floating profit of 2 billion US dollars, and their book has a floating loss of at least 5 billion US dollars."

  Lu Jianyan asked: "Boss, do we want to close the position?"

  Guan Zhenyi: “Now the Dow Jones Index has fallen to 7850, which is the lowest point of last week”

  Lin Jiyang: "Will you be supported here?"

  Wang Guanxi thought for a while and said: "This time it plummeted by 400 points, and it will continue to fall tomorrow. We will just close the position tomorrow."

  "Yes, BOSS" everyone was excited.

  The next day, February 11, Wednesday.

  After the Dow Jones Index opened, it continued to fall!

  7848

  7840

  7832

  7822

  ··

  7800, temporarily supported.

  Wang Guanxi’s No. 1 Fund has a floating profit of 550 points on the book, a total floating profit of 2.2 billion US dollars, and a net worth of 6.84 billion US dollars.

   "Continue to fall!" Wang Guanxi couldn't help holding his fist.

  He is looking forward to the net value of his account breaking through 7 billion US dollars!

   Then he said: "Soros, don't Feld and others cut meat this time?"

  Thinking about it, he said again: "It must be on the way to prepare meat!"

   Wu Zhanhai: "BOSS, Soros, Feld, Bill Ford, Milos Messi and others must have a conflict!"

  Wu Hongsheng: "They have fallen apart, let's see who of them cut the meat!"

  Li Guangyu: "Feld, Soros will definitely withdraw!"

  Wang Guanxi nodded: "Indeed, I also think these two old foxes will retreat."

  Lu Jianyan said: "This Bill Ford, Milus Messi will definitely not withdraw in two days."

  Guan Zhenyi: "The two are the most ruthless in adding up positions, and they have lost the most!"

  Lin Jiyang: "These two people will continue to resist, because once they close their positions, they will lose out. They can’t afford to lose and will continue to resist.”

  Wang Guanxi smiled and said: "I hope these two people will continue to resist. Fifth Third Bank and Ford Motor Company are all my targets."

  Five Three Bank is the largest bank in Ohio, and Ford Motor Company is the largest automobile company in Michigan, which is connected to northern Ohio.

  Once these two companies are taken, Wang Guanxi’s influence in the two states will expand a lot.

   "Wait for a good show!"

  At this time, a lot of profitable short-term short positions were closed. The Dow Jones Index rose by 50 points and rushed to the 7850 position.

  And Joseph of Bareck Bank also closed the short list, the Dow Jones index rose again by 50 points, and then rushed to the 7900 position.

  At this moment, Soros Quantum Fund, Soros is meditating.

  "Now the Dow Jones Index has risen by 100 points, just in time for me to stop the loss"

  "The rise is still short-term, close the position as soon as possible to reduce losses!"

   Soros immediately cleared his long list,

  The Dow Jones Index turned around and fell by 50 points!

  He lost $500 million.

   "Wang Guanxi, you are lucky this time"

  Soros lost a lot of money on London Copper before, but he did not expect to lose another 500 million US dollars on the Dow Jones Index this time. He has been out of shape recently. He needs to rest for a while.

  So he sent a message to Feld.

   Feld Group, Feld also shouted: "Close the position, stop playing."

  "Yes, Mr. Feld" assistant hurriedly arranged!

  The closing of the Feld Group's position caused the Dow Jones Index to fall again by 50 points to 7,800.

  The Feld Group lost $550 million this time.

   Feld feels distressed.

   "This eastern farmer has made a profit this time, **** it!"

  Now he is extremely unwilling in his heart.

  "After a while, I will buy the bottom of the Dow Jones Index and make money back."

  ··

For the Ford Family Foundation, Bill Ford’s face was extremely pale. Yesterday he closed some long positions and lost 300 million U.S. dollars. Now he still holds 100,000 Dow Jones index long positions in his account. The position of the position is 8500, and the book is floating. With a loss of 700 points, a total floating profit of 700 million US dollars.

  He knew that the Dow Jones Index would still fall.

  "This time I keep a long list of 100,000 hands, continue to carry it!"

  Bill Ford sighed and couldn't help but recall that Wang Guanxi said that he would acquire control of Ford Motor Company at 5 times the price!

  "The glory of the Ford family will never be sold"

  ··

  At the Fifth Third Bank, Milos Messi's face was so pale that he was about to sell out.

  Because he now holds a long list of 200,000 hands!

  He used to be the most ruthless to increase positions, but now he is the worst loser!

  At this time, the Dow Jones Index fell below the 7800 position and fell all the way to the 7790 position. The 200,000 long lists on his book were all liquidated!

  The Dow Jones Index has begun a new round of decline.

  Huntington Bank, Wang Guanxi also ordered the horses to close their positions!

  But the number of short orders closed at one time is very small.

  This allowed the Dow Jones Index to crush the market longs with a 200,000-handed sell-off list of Milos Messi, and the Dow Jones Index fell to its lowest level of 7,690.

  Milus Messi personally lost 700 million US dollars, which is extremely miserable!

  He is finished this time.

  In fact, he was in debt a lot before, and now the debt he owed before can't be paid off, he regrets it!

  As for Huntington Bank, Wang Guanxi instructed the horses to increase and close their positions!

  Short closing is just buying!

  The Dow Jones Index rushed from 7690 to 7830 under the liquidation of No. 1 Fund.

  400,000 short positions are all closed!

  A big win!

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

  (End of this chapter)