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Chapter 499 Fall! Fall! Fall!

As Yang Jing judged, the Dow Jones Industrial Average directly broke the sideways consolidation pattern of two yin crosses when Tuesday, October 6th, and fell by 64 points that day, closing at 2572 points, pulling a large yin line in the daily K-line.

The decline on Tuesday made Henry and David completely convinced. They were actually wondering whether shorting was not right at this time yesterday. As a result, the market used a slap in the face the next day to prove the boss's judgment.

If the boss had not ordered the closing of his position yesterday, just the decline of today would have caused the Dragon Fund to lose hundreds of millions of dollars.

Then in the next ten days, the trend of the entire US stock market was as Yang Jing said, contrary to the upward trend of the first seven or eight months, and began to thrust downward.

Especially on October 14th, this downward trend was even more obvious. Whether it was the Dow Jones Industrial Average or the S&P 500 index, several large negative lines were drawn in succession.

However, at this time, many people are still optimistic about US stocks. After all, the rumor on Wednesday is just a rumor that cannot stand the confirmation. Moreover, after the market pulled out three large negative lines in a row, the market was able to digest these negative news well. Therefore, many people did not realize that after the weekend, Monday, October 19, would bring them an unforgettable disaster.

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

On Sunday morning, October 18, Eastern Time, US Treasury Secretary Baker announced on a US TV show: "If the Federal Republic of Germany does not lower interest rates, the United States will consider allowing the dollar to continue to fall."

Just as Baker made this remark, Yang Jing, Henry, David and Cesar were enjoying breakfast in a restaurant downstairs. As soon as he saw this important news, Henry immediately scolded: "Is this cousin's brain damaged by Satan? How could he say such things at this time?"

As for Henry and Cesar, there were smiles on their faces.

The reason why Henry scolded the Treasury Secretary who was talking on TV was not because of anything else, but because he was an American.

As an investment expert, Henry Williams knew very well how destructive the words Baker said were to the US economy and even the global economy at this subtle moment. As the US Treasury Secretary, James Baker should not easily say such unwitting words, but he just said that, and he said this at such a subtle moment.

As soon as these words were expressed, it was undoubtedly a better thing for speculators like Yang Jing who had already built a large number of short positions in advance, but it was undoubtedly a disaster for the majority of American stockholders.

As an American, Henry certainly didn't want to see his compatriots suffer huge losses due to such extremely irresponsible remarks, so he scolded that.

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

Yang Jing grabbed a napkin and wiped the corner of his mouth and said, "Go back, today we are not focusing on the US stock market, but on the common stock index in Sydney, Tokyo's Nikkei index, Singapore's Straits Times index and Hong Kong Island's Hang Seng index."

As soon as Yang Jing opened his words, several people seemed to remember something and smiled on their faces.

In the 1980s, the United States was still the world's most well-deserved largest country, and its economy was also a benchmark for the global economy. The saying "The Dow affects global stock indexes" is not a casual statement.

As early as more than a week ago, the Dow Jones Industrial Average began to fall, and major global stock markets also fell one after another due to the influence of the Dow Jones Industrial Average. In this stock market crash, Yang Jing's source of profits was not the United States, but major global stock markets. Therefore, when the Dow Jones Industrial Average began to fall, Yang Jing had instructed Cesar and others to establish huge short positions in major global stock markets.

Baker made this remarks around 8:00 am on October 18th, Eastern Time. At this time, the three major stock markets on the other side of the Pacific Ocean, Tokyo, Singapore and Hong Kong Island, were on the evening of October 18th. In another twelve hours, these three stock markets will open.

The Sydney stock market, located in Australia, opened a little earlier than these three major stock markets.

As a developed capitalist country, Australia can also make a lot of profits. How could Yang Jing let it go?

China has just changed its opening, and the stock market has not even had a shadow, so China cannot participate in this game. Hong Kong Island is still a British person, so Yang Jing now has no psychological burden for obtaining huge profits from the Hong Kong Island stock market.

As for Singapore and Tokyo, let alone mention it. If Yang Jing doesn’t make enough profits from these two stock markets, he feels sorry for himself!

When having supper in the evening, the Sydney stock market opened first. Unexpectedly, the Sydney stock market began to fall sharply as soon as the market opened. Dragon Fund invested up to one billion dollars in the Sydney stock market, and used the proportion of capital leverage to control a large amount of funds to smash the market hard. How can the small Sydney stock market hold such a huge short force?

In just four hours, Sydney stocks plummeted 14.7%.

The Tokyo stock market opened immediately. As the second largest financial entity in this era, Japan's total economic output has reached about 60% of the United States. Although it is still a little worse than the highest level of 69.5% of the United States' total economic output in 1995, it is quite good.

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

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

Anyway, it’s the Japanese that they don’t make money without making money.

Originally, in history, the Tokyo stock market fell very badly during this stock market crash. At least it was much lighter than the Hong Kong Island and New York stock markets. But this time it was different. With Yang Jing's participation and a huge amount of $5 billion in market smashing funds, the Tokyo stock market plummeted as soon as the market opened.

The Nikkei Index closed at 26013 on the previous trading day. As a result, as soon as the market opened on that day, it opened at more than 700 points, opening from 25289 points, and then fell all the way. It fell below the 20,000 point mark in four hours, with a drop of more than 25%.

Driven by the plunge in Tokyo, the Singapore stock market, which opened for an hour late, did not escape the bad luck. Yang Jing invested $1 billion in the Singapore stock index. As a result, four hours later, the Singapore stock market plummeted 18.6% on the day.

The Hong Kong stock market also did not escape the fate of a plunge. On this day, the Hang Seng Index plummeted by 14.8%, down 3.8% more than the original day in history.

Yang Jing knew very well that the tragedy of the Hong Kong stock market was much more than that, because the Hong Kong stock market opened eleven and a half hours earlier than the New York stock market. Therefore, after the opening of the New York stock market plummeted on the evening of October 19, Hong Kong time, the then chairman of the Hong Kong Island Stock Exchange, Li Fuzhao, announced that the Hong Kong stock market was suspended for 4 days with the approval of the then Financial Secretary, and reopened on October 26. This was the only major stock market in the world. As a result, on October 26, the Hang Seng Index fell by more than 1,100 points, a drop of more than 33%.

The Hong Kong stock market also paid enough for this market closure. When other major stock markets around the world recovered, the Hong Kong stock market only plummeted, and the plunge reached a terrifying 33%, which was the largest single-day decline among all major stock markets in the world in this stock market crash.

The three major stock markets in the Far East plummeted, which directly sounded the loud clarion call of the Black Monday stock market crash in 1987.

When major European stock markets opened, all major European stock markets plummeted due to the plunge of the three major Far East stock markets and the speech of US Treasury Secretary Baker.

As soon as the Milan Stock Exchange opened, it opened lower at a 2.3% margin, and then it was surging wildly throughout the day. Then, the largest stock market in Europe, the largest stock market in Germany, opened, also opened lower when the DAX index was like a war horse that had eaten ten kilograms of croton, so it was so unstable that it could not even stand firm.

Next is the Paris stock market, the London stock market...

The European stock market is the most important battlefield for Yang Jing to plunder profits in this stock market crash. Although no country in Europe can compare with the total economic output of the United States, in the 1980s, the total economic output of the European Community far exceeded the total economic output of the United States.

In the original time and space, many people made money during this US stock market crash, especially some greedy American speculators made a lot of money during these stock market crashes. But similarly, the US government's subsequent revenge was extremely strong. Almost all of those who made money were arrested, not only facing huge fines, but also facing prisons ranging from years to decades.

That’s right, the US government is so dark. The US government, which has always advocated economic freedom, is actually much darker than most countries in the world. They only allow others to make money, but whoever dares to make money from the US national disaster in the stock market crash, hasn’t said that, I’ll mess with you!

Yang Jing didn't want to be jointly investigated or even arrested by the CIA and the FBI, so he was extremely careful in his operations this time. The 2 billion US dollars invested in the US stock market were scattered by him to hundreds of accounts in dozens of countries around the world, and there was no account in the US!

Be careful, that's nothing wrong. This is Yang Jing's attitude towards the US stock market during this stock market crash.

But being careful about US stocks does not mean that he is so careful about major European stock markets. In this era before the Internet era came, hundreds of accounts scattered in dozens of countries around the world were almost impossible to be traced, and countries such as the European Community were also intrigue and could not work together to form a single force.

You are all beating inside yourself, why should I let you go? Your robber ancestors invaded my country, and now you should pay some interest for your ancestors.

Grab! If you didn't say anything, just grab it in one word! Even in just four hours, the Dragon Fund invested a huge amount of $12 billion in the entire European stock market, and then used the leverage ratio of funds. In such a stock market crash, the speed of obtaining profits is faster than grabbing...
Chapter completed!
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