LATEST UPDATES

Happy Tycoon - Chapter 497

Published at 29th of September 2021 01:37:07 PM


Chapter 497: 497

If audio player doesn't work, press Stop then Play button again




As Yang Jing judged, when the day came on Tuesday, October 6, the Dow directly broke the horizontal consolidation pattern of two Yin crosses. On the same day, it fell 64 points to close at 2572 points, and pulled out a big Yin line in the daily K line.

Henry and David were completely convinced by Tuesday's decline. In fact, they also doubted whether it was inappropriate to short at this time yesterday. As a result, the market proved the boss's judgment with a face beating performance the next day.

If it had not been for the boss's strict order to close the position yesterday, the decline of today alone would have cost the Dragon Fund hundreds of millions of dollars.

Then in the next ten days, the trend of the whole U.S. stock market, as Yang Jing said, reversed the upward trend of the previous seven or eight months and began to plunge down.

Especially on October 14, this downward trend is more obvious. Both the Dow and the S & P 500 index have pulled out several negative lines in a row.

However, at this time, many people still like US stocks. After all, the rumor on Wednesday is just a rumor and can not be confirmed. Moreover, after the market has pulled out three big negative lines, the market has been able to digest these bad news well. Therefore, many people did not realize that after the weekend, Monday, October 19, will bring them an unforgettable disaster.

Among them, the US government also played a role in fuelling the stock market crash.

On the morning of Sunday, October 18, US Eastern time, US Treasury Secretary Baker announced on US television: "if the Federal Republic of Germany does not reduce interest rates, the United States will consider allowing the US dollar to continue to fall".

When Baker made these remarks, Yang Jing, Henry, David and Cesar were having breakfast in a restaurant downstairs. As soon as he saw the heavy news, Henry immediately scolded: "did Satan smash the brain of this watch? How could he say such words at this time?"

As for Henry and Cesar, there was a smile on their faces.

Henry scolded the Treasury Secretary on TV not because of anything else, but because he was an American.

As an investment expert, Henry Williams knows very well how destructive Baker's words are to the U.S. economy and even the global economy at this delicate moment. Normally, as the Treasury Secretary of the United States, James Baker should not easily say such unthinking words, but he said so, and he said it at such a delicate moment.

Once these words are exported, for speculators such as Yang Jing who have built a large number of short positions in advance, it is undoubtedly a better thing than pie falling from the sky, but for the majority of American investors, it is undoubtedly a disaster.

As an American, Henry certainly didn't want to see his compatriots lose a lot because of such irresponsible remarks, so he scolded such words.

But after scolding, he shrugged his shoulders and asked, "boss, please forgive me for scolding this guy just now. I'm fine now. What should we do next?"

Yang Jing grabbed her napkin and wiped the corners of her mouth. "Go back. Today, our focus is not on US stocks, but on the common stock index in Sydney, the Nikkei index in Tokyo, the Straits Times Index in Singapore and the Hang Seng Index on Hong Kong Island."

As soon as Yang Jing said this, several people seemed to think of something, and a smile appeared on their faces.

In the 1980s, the United States was still the world's No. 1 power, and its economy was also the indicator of the global economy. The phrase "the Dow affects the global stock index" is not casual.

As early as more than a week ago, the Dow began to decline, and major stock markets around the world fell in response to the impact of the Dow. In this stock disaster, Yang Jing's focus was not the United States, but the major stock markets around the world. Therefore, when the Dow began to decline, Yang Jing has instructed Cesar to establish huge short positions in major stock markets around the world.

Baker's remarks were made around 8 a.m. EDT on October 18. At this time, the three major stock markets across the Pacific, Tokyo, Singapore and Hong Kong Island, will open on the evening of October 18. In another 12 hours, the three stock markets will open.

The Sydney stock market in Australia opened a little earlier than the three major stock markets.

As a developed capitalist country, Australia can also make large profits. How can Yang Jing let go?

Now Huaxia has just opened, and the stock market has not even a shadow, so it is impossible for Huaxia to participate in this game. The Hong Kong Island still belongs to the British, so Yang Jing has no psychological burden to make huge profits from the Hong Kong Island stock market.

As for Singapore and Tokyo, not to mention, Yang Jing feels sorry for herself if she doesn't make enough profits from these two stock markets!

At dinner in the evening, the Sydney stock market opened first. Not surprisingly, the Sydney stock market began to fall sharply as soon as it opened. Dragon Fund has invested up to one billion dollars in the Sydney stock market, using the capital leverage ratio to control a large enough amount of funds and smash the market. How can a small Sydney stock market hold such a huge short force?

In just four hours, the Sydney stock market plunged 14.7%.

Then came the opening of the Tokyo stock market. As the world's second-largest financial body in this era, Japan's total economic output has reached about 60% of that of the United States. Although it is still a little worse from the highest level of 69.5% of the total economic output of the United States in 1995, it is also quite good.

Moreover, as one of the four major stock markets in the world, the Tokyo stock market can also accommodate Yang Jing to throw in enough funds.

Yang Jing invested up to $5 billion in the Tokyo stock market!

Anyway, it's a small Japanese. They don't make money for nothing.

Originally, in the history, the decline of Tokyo stock market in this stock disaster was not very tragic. At least it was much lighter than that of Hong Kong Island and New York stock market, but this time it was different. With the participation of Yang Jing and the huge amount of market smashing funds of up to us $5 billion, the Tokyo stock market plunged as soon as it opened.

The previous trading day, the Nikkei index closed at 26013. As a result, as soon as the day opened, it directly jumped more than 700 points, opened from 25289 points, and then fell all the way. It fell below the 20000 point mark in four hours, down more than 25%.

Driven by the sharp decline in the Tokyo stock market, the Singapore stock market, which opened one hour late, did not escape bad luck. Yang Jing invested US $1 billion in the Singapore stock index. As a result, four hours later, the Singapore stock market plunged 18.6% this day.

The Hong Kong Island stock market also did not escape the fate of the slump. On this day, the Hang Seng index plunged 14.8%, 3.8% more than that day in history.

Yang Jing is well aware that the tragedy of the Hong Kong Island stock market is far more than that. Because the Hong Kong Island stock market opened 11 and a half hours earlier than the New York stock market, after the sharp opening of the New York stock market on the evening of October 19, Hong Kong Island time, Li Fuchao, then chairman of the Hong Kong Island stock exchange, announced that the Hong Kong Island stock market would be closed for four days with the consent of the then financial secretary and reopened on October 26. This is the only one of the world's major stock markets to be closed. Results on October 26, the Hang Seng Index fell more than 1100 points, or more than 33%.

The Hong Kong Island stock market has also paid a sufficient price for this suspension. While other major stock markets in the world are picking up, only the Hong Kong Island stock market has plummeted, and the plummeting range has reached a terrible 33%, which is the largest one-day decline among all major stock markets in the world.

The three major stock markets in the Far East fell sharply at the opening, which directly sounded the loud horn of the Black Monday stock disaster in 1987.

After the opening of major European stock markets, affected by the sharp decline of the three major stock markets in the Far East and the speech of US Treasury Secretary Baker, all major European stock markets plunged.

As soon as the Milan Stock Exchange opened, it directly jumped low by 2.3%, and then poured all day; Then the opening of Europe's largest stock market, Frankfurt stock market in Germany, also jumped low. The DAX index was like a war horse eating ten kilograms of Croton, which made it unstable.

Then came the Paris Stock Market and the London Stock Market

The European stock market was the main battlefield for Yang Jing to plunder profits in the stock disaster. Although no country in Europe could match the economic aggregate of the United States, in the 1980s, the economic aggregate of the European community far exceeded the economic aggregate of the United States.

In the original time and space, many people made money in the American stock disaster, especially some greedy American speculators made a lot of money in these stock disasters, but similarly, the retaliation of the U.S. government afterwards was extremely strong. Almost all those who made money were caught and faced huge fines, They will also face prison sentences ranging from several to more than ten years.

Yes, the U.S. government is so black. The US government, which has always advocated economic freedom, is actually much darker than most countries in the world. They are only allowed to make other people's money, but who dares to make America's national wealth in the stock disaster? I didn't say, fuck you!

Yang Jing didn't want to be investigated or even arrested by the CIA and FBI, so he was very careful this time. The $2 billion invested in U.S. stocks has been scattered to hundreds of accounts in dozens of countries around the world, none of which is in the United States!

Be careful, there's no big mistake. This is Yang Jing's attitude towards the U.S. stock market during the stock disaster.

However, being careful about U.S. stocks does not mean that he is also so careful about major European stock markets. In the era before the advent of the Internet era, it is almost impossible to trace hundreds of accounts scattered in dozens of countries around the world, and the European Community countries are also intriguing and unable to work together to form a rope.

You're all beating up internally. Why should I let you go? When your bandit ancestors invaded Lao Tzu's country, now you should pay some interest for your ancestors.

Grab! No, just one word! Even in just four hours, the Dragon Fund has invested a huge amount of US $12 billion in the whole European stock market and reused the capital leverage ratio. In such a stock market, the speed of making profits is even faster than robbing

On this day alone, the Dragon Fund swept a huge profit of more than $50 billion in major European stock markets!





Please report us if you find any errors so we can fix it asap!


COMMENTS