Chapter 126: Plan: The Glory of Wall Street Part 2(1/2)
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"It's gone up, it's gone up, it's gone up..."
Just as the rich Americans expected, the market has just opened, and the large electronic automatic display boards in the stock exchange are showing a rising trend. At this time, there are no junk stocks and high-quality stocks. All stocks have only one characteristic, and that is continuous
Rising.
Everyone stood up and searched for their own stocks in the dense stock information. Even if they rose by one cent, it meant that their wealth had increased a lot.
Mahn squirmed his plump butt on the seat of the huge leather chair, turned sideways to congratulate Keynes next to him, and said: "Mr. Keynes, you are indeed an outstanding economist. The steel company's stock has almost doubled."
It has risen to 257 US dollars. The mining company stock I bought has also been bullish all the way. Compared with this speed of making money, the days of mining in the past were really too slow."[
"The news of banks' capital injection into the stock market should have been known to most stock investors. Everyone wants to grab an extra pot of gold. Maybe today will trigger a price increase and drive an upward trend for a long time. The sky will
Countless dollars continue to fall." Keynes smiled humorously, and then turned his attention to stock managers and stock quotation machines.
"What, someone sold a huge amount of General Electric's stock?" Ma En stood up in shock, not frightened, but surprised, God, are you kidding me, a timid person couldn't help but sell? Haha
, eat in, eat all in.
After giving instructions to the manager, Marn bought a part of the sold General Electric stock at a high price. Instead of feeling that it was too much, he felt that it was too little. A rich man who can spend hundreds of thousands of dollars to buy a seat on the stock exchange is a wealthy man.
I won't mind the small amount.
After a while, the joke started on the stock exchange. Everyone knew that it was Old John who sold half of his stocks. It could be seen from his dead daddy expression how reluctant he was. This time,
Even some cautious people thought that this old guy sold the stock because he had urgent needs, rather than because he had no confidence in the stock.
"Old John, the old cowboy in the West, really has no courage. If it were me, I would rather find a bank loan than sell the stocks that are going up well." Ma En said with ridicule, for Old John, this bad luck
He looked down upon the old western cowboy.
"Well, Kenneth, I can only help you so much. If you end up going bankrupt, I will leave you a little more of the remaining money."
Old John walked up to his nephew and saw that the stock had been sold, hoping to help Kenneth avoid bankruptcy.
"Uncle, don't worry. With your support, I will definitely turn the situation around." Kenneth looked at Li Chunyang who was smiling but not smiling. He felt very uncomfortable. What a kind uncle, but he had to endure the shocking things that followed.
reversed.
Seeing Old John return to his seat, Li Chunyang handed Kenneth a small box, "There is a little 'medicine' in it. If Old John has a bad heart, he will need it later."
"God bless, nothing will happen to my uncle." Kenneth only had this little bit of family affection left, and didn't want anything to happen to his closest uncle.
The two of them didn't say much until Li Chunyang raised his wrist, stared at the pointer and reached the scheduled time, then smiled at Kenneth and said, "The time is up, let's start."
Crazy stocks are almost a national obsession with stock trading. From investors to capitalists, even big chaebols, big banks, and even the government, the prices of many stocks have increased more than ten times in recent years.
Even dozens of times. The famous U.S. Steel Company even rose from a few dozen dollars to a sky-high price of nearly 300 dollars. There are many similar stocks, such as some steel, electrical, automobile, shipbuilding, etc. stocks, whose rise is particularly fierce.
Allowing stock holders to enjoy incredibly high prices one after another.
When everyone thought that this price would be the peak, the stock sounded the charge again and rose to another sky-high price.
And in such a crazy stock market, everyone is not satisfied with owning the existing stocks, and is still looking for prey hungrily. Once anyone can't bear the high price and sells the stock, a group of tigers will pounce on him.
Go up there and eat cleanly in an instant.
"Another large number of high-quality stocks have been sold?" Ma En felt a little excited. It seems that those retail investors and small capitalists can't stand it anymore. This situation has happened several times before. Many people can't stand it.
If you sell the stock at the current high price, then regret it and buy it again at a higher price. As a wealthy man, Ma En will regard this kind of ups and downs as high-quality stocks, even stocks with average performance.
Eat a lot of it.
The situation suddenly became subtle. On one side were stocks that continued to rise, and on the other side were stocks that were being sold. Unfortunately, humans are not gods, and no one can detect subtle changes in the stock market. Only those who are thoughtful can.
"Lao Li, are the stock prices still rising?"
Kenneth and Li Chunyang's seats are very soundproof. They can talk casually, and there is a secretary who is a part-time bodyguard, so no one will notice at all. The professional secretary even has the most advanced electronic jammer in the country.
Li Chunyang smiled mysteriously. Kenneth was a bit of an outsider in this regard. Of course, an expert might not be able to tell. Unless you have already been alert in your heart, you can catch the subtle changes in the stock market.[
"The broader market has been affected. Because of the impact of the stocks we sold, the upward trend of some stocks has slowed down and the price growth has also become smaller. Only after the second or even third wave of stocks are sold will the stock market rise.
Panic. The real highlight will take place in the afternoon, now it’s just a foreplay.”
This is also to avoid losses. It is impossible to sell off hundreds of millions of dollars of stocks at once. Although it is not too big compared to the market value of the entire stock, which is tens of billions, the weight of the sale is already huge.
Big.
The current situation is that the step-by-step selling has absorbed the funds from investors, thus slowing down the rise of other stocks. The situation in the afternoon was a disaster.
The market closed at noon, and as soon as the market opened in the afternoon, the stock price experienced a small explosive rise. The reason was that the news of the British Bank's capital injection into the stock market was officially announced, which stimulated the confidence of investors.
When stock speculators tear off their ties and prepare for a fight, but stock managers unbutton their coats and prepare for a fight, a massive sell-off finally begins.
"In order to plan, some level of damage will be necessary."
Li Chunyang murmured that in order to crash the U.S. stock market, nearly 1 billion US dollars in directly or indirectly held stocks will be sold in multiple waves. In order to avoid too much loss, this afternoon will be the largest sell-off.
.
As soon as he finished speaking, something happened on the stock automatic quotation machine.
“Fu, is the quotation machine broken??”
"God, how is it possible, this is impossible"
"Damn, the machine must be malfunctioning"
…
The New York Stock Exchange was in chaos.
Less than five minutes after the market opened in the afternoon, a stock worth hundreds of millions of dollars was sold at once. This was the beginning of disaster, but it was not the beginning of panic.
As soon as these stocks were sold, the market entered an adaptation period of less than two minutes, and then they were snapped up by a swarm of investors. Some bought hundreds of thousands, some bought millions, and countless investors and speculators
Investors, even big chaebols, barely used any last resort to acquire the first batch of stocks that were sold off.
In the eyes of many economists, chaebols, and bank analysts, this is just an invisible chaebol, or even an investment institution starting to sell out of its positions. It is not a catastrophic stock market crash, because there are no signs of anything.
.
In fact, it is not that there are no signs, but that no one can see them. For example, the means of production are privately owned, the huge number of unemployed people, rising prices, the popularity of installment payments, excessively inflated stock values, speculators, plutocrats, and banks.
The rise of speculation has already raised the stock market and even the entire economy to a level of collapse.
It’s not that no one is aware of this crisis, it’s just that every time, these warning words are drowned by the rising stock prices again and again.
After speculators bought the first batch of stocks, the entire stock market had stopped rising and stabilized. Speculators with sufficient surplus funds were also taking a breath or waiting and watching. The sell-off just now was almost the only one seen in the past six months.
However, the sellers did not let these speculators breathe. A batch of larger amounts of stocks were sold crazily again. Everything seemed to be planned. This time the sell-off was no longer a collective sell-off, but a collective sell-off.
It seems like people are selling everywhere.
People in the exchange were wiping their sweat, and even everyone who was paying attention to the stock market was wiping their sweat. They watched a large number of stocks being sold, and the entire stock market was affected, and then slowly declined.
"No, use reserve funds to buy, and you can't let a stock market crash happen."[
People from several major consortiums and banks immediately reported this abnormality in the stock market to the big boss behind the scenes, and the instructions they received were very consistent, which was to buy to avoid a stock market crash.
The large-scale sell-off soon attracted the attention of the U.S. government, which immediately received news of the abnormal stock market. However, the country's response speed was lagging behind after all, and the U.S. government's response to the stock market disaster was
There was also insufficient understanding, and no decisive measures were taken, but economists were sent to continue to pay attention.
In other words, the keen chaebols and investment institutions discovered the anomaly and took decisive measures. As some established chaebols, they can bite the bullet and swallow this level of stock selling.
However, a situation occurred that shocked them.
The third wave of selling is comprehensive, and has already triggered small investors to follow suit.
All the people who are qualified to sit in this hall have forgotten that they are not small stock speculators. Those people will be the first to be unable to withstand this wave. The third wave of stock selling finally caused people to follow the trend.
of selling.
The stock prices on the automatic quotation machine were refreshing with an unprecedented craziness. At first, there were several stocks, and then more and more stocks. At this time, there was no difference between high-quality stocks and junk stocks.
More and more stocks join in the decline.
The stocks that are constantly being sold off push the price down step by step, by one cent, five cents, or even one dollar.
Even in a daze, the price of a stock can be refreshed several times. When more and more stocks join the selling wave, the falling price data has made the automatic quotation machine unbearable.
Already.
Everyone was cursing, some were tearing their ties, some threw away the coffee cups in their hands, and some even punched the servant next to them. Everyone was yelling until the stock exchange
The staff announced: The automatic quotation machine was not broken, it was just because the stock price refreshed too fast and could not keep up with the quotation speed. Everything was normal.
Is everything normal?
No, everything is not normal anymore.
"Boss, the US$20 million we just invested has been used up."
There is no need for the financial assistant to say anything. Ma En has clearly seen that the prices of his stocks are still falling crazily. No matter how he invests money to raise the prices of those stocks, he cannot withstand the selling wave in the end.
"Put, invest the last 10 million US dollars..."
Marn glanced at Keynes. The old man was already petrified. It seemed that neither a wealthy man like himself, who had too much money to burn, nor an economist like Keynes, could stop this disaster and could not accept it.
To be continued...