Yang Jing suddenly announced that he would prepare to rescue the market, which was undoubtedly good news for Henry and David, but it was not good news for Cesar, who was immersed in reaping huge profits.

As a trader who likes to play in the black swan market, Cesar insists that in the financial market, there is no slightest sense of softness, as softness can only bring about a catastrophe.

Although Cesar also knew that the global plunge like today would definitely not last long, judging from the current situation, even if it persists until today's closing, the Dragon Fund's benefits will be much more than the current ones.

So, Cesar looked at Yang Jing with a very puzzled expression, as if asking "why".

Yang Jing raised his hand and looked at his watch, knowing that another wave of trend was coming, and it was absolutely impossible to go against the trend at this time, as it would make his head bleed.

As the saying goes, following the trend is the best choice a top speculator can make.

So Yang Jing said to Cesar very decisively: "Order to close all positions and go long with the backhand!"

After receiving a positive answer from Yang Jing, Cesar was so angry that he couldn't hold back.

"BOSS, why close the position now? According to the current trend, the market is likely to continue to decline. Wouldn't we go long with the backhand..."

Yang Jing glanced at Cesar and said with great certainty: "Give the order first, you will know what the reason is."

Although Cesar was puzzled about Yang Jing's order, he still executed the order very well.

Under Cesar's order, traders who controlled hundreds of accounts scattered in dozens of countries around the world began to act quickly. Within just a few minutes, a huge number of long contracts suddenly appeared.

Close a short contract is equivalent to going long.

Under this market, long contracts will not appear at all, and no one will go long at this time. However, short contracts are waiting for transactions in large quantities. These short contracts cannot be traded at all. The selling orders are too large, and the market has been on a downward trend. Anyone who sells the short contracts at this time is doing stupid things.

Therefore, these short contracts sold by Cesar were quickly digested by the huge market. At the same time, these traders also controlled those accounts and began to establish long positions frantically.

There are now investors and investment institutions in the market who want to sell long contracts, so the long positions of the Dragon Fund are established smoothly. Almost as long as you post a long contract, you can complete the transaction immediately.

Seeing that time was about to pass fourteen o'clock, the long positions of the Dragon Fund were almost established. At this time, Yang Jing asked David Anderson to announce as the CEO of KY Investment Fund that KY Investment Fund would invest no less than US$8 billion to repurchase stocks.

KY Investment Fund currently holds stocks of up to twenty-seven companies. Even if it is the company with the smallest shareholding ratio, KY Investment Fund's shareholding ratio exceeds 1%.

A 1% shareholding ratio is not considered a major shareholder, but it can definitely be considered a major shareholder. At the moment when various stocks are plummeting, KY Fund dares to invest so much money to repurchase stocks. This move immediately received the support of all shareholders of the twenty-seven companies.

In today's stock market crash, major blue-chip stocks are the absolute hardest hit areas. On average, the valuation of each blue-chip stock plummeted by 30%. For example, General Electric fell 33.1%, AT&T fell 29.5%, Coca-Cola fell 36.5%, Westinghouse fell 45.8%, Yuntong fell 38.8%, Boeing fell 29.9%, **** fell 32.4%, Citibank fell 34.6%, Alcoa fell 41.3%, IBM fell 29.6%, General Motors fell 35.8%...

If the stock price continues to fall like this, the wealth of these shareholders will also shrink seriously. As for those retail investors, they are eager to sell their stocks now. Now the stocks of these companies are like hot potatoes, and it will be uncomfortable for anyone to hold them in their hands.

Many small shareholders could not even resist the torture of the stock price plummeting, and sold their stocks one after another. Then all of the sold stocks were steadily included in the arms by KY Investment Fund.

The stock repurchase of up to $8 billion seemed like a shot of a heart-warming shot, and the stock prices of these companies that were originally dying began to rise instantly. Yang Jing now has a surprisingly abundant capital, and now the stock prices of these companies have plummeted again. As the two met, KY Investment Fund quickly acquired a large number of stocks in the market.

For example, KY Fund originally only controlled 1.2% of General Electric's shares, but in less than ten minutes, this proportion rose to 6.8%. After submitting relevant procedures to the US Securities and Exchange Commission, the SEC, KY Investment Fund immediately transformed into the largest shareholder of General Electric.

In addition, there are General Motors, AT&T, ****, Citibank, etc. Anyway, among the twenty-seven companies designated by Yang Jing, in addition to Berkshire Hathaway, KY Investment Fund became the largest shareholding investment institution of the other twenty-six companies in a blink of an eye.

The stock prices of these twenty-seven companies also began to rise wildly due to the influx of huge amounts of funds, and the entire US stock market began to stabilize and recover.

In fact, even if Yang Jing does not repurchase the stocks of these companies, the US stock market will start to recover after 14 o'clock on the same day, once rising by 350 points and crossing the 2,000 points mark.

Although the market began to fall again within an hour and a half and finally closed at 1738.74 points, it is an indisputable fact that the market began to rebound.

Yang Jing, who comes from the future, is very clear about the trend of the US stock market on Black Monday, so when the market starts to rebound, he doesn't mind pushing it with the trend. Anyway, the Dragon Fund establishes long positions at around 1,700 points. Even if the market rebounds after a while, it will continue to fall, at most, it's just locked up.

Anyway, tomorrow and the day after tomorrow, the US stock market will rebound to a total of nearly 300 points, and will eventually stand firmly above the 2,000 point mark, so Yang Jing is not worried about any problem with going long by backhand.

In general, although Black Monday is terrifying and has brought huge panic to the market, investors in the United States and around the world still maintain sufficient confidence in the US economy. It doesn’t matter if the market plummets a day, we can slowly recover them! Anyway, the US economic fundamentals are here. If the market plummets a day, can it still plummets a day?

After all, the US economy is not a Japanese economy. After the Japanese stock market plummeted in 1989, it has fallen for several years. That is because Japan's economy is really not good. But no matter what the United States says, the economic fundamentals are favorable, so the plunge can only cause temporary panic. When investors' confidence is re-established, the US stock market will still recover again.

Yang Jing went long and cooperated with the announcement of using large amounts of funds to repurchase the company's stocks. This is actually a way of going with the trend. As long as the market can rebound, it doesn't matter even if it falls again.

In fact, the market fell again after 2:30 in time and space, which was originally a technical pullback. Many investment institutions will decisively establish long positions when they see the market start to rebound, which will lead to the market rebounding up to 350 points in a very short period of time. But similarly, when the market rebounds to such a high position, those investment institutions will inevitably take profits and give up, and then a large number of long positions close actions are like short positions, directly suppressing the market that has just been pulled back again.

Yang Jing's position to establish long positions is very low, which is much lower than the position to establish long positions for most investment institutions. Even if the market falls until the closing of 1738 according to the original trend of time and space, Yang Jing is not afraid.

The most important thing is that today, Yang Jing was very satisfied with the purchase of a large amount of stocks from twenty-seven companies as he wished. Even if he paid up to tens of billions of dollars in funds for this.

The stocks of these companies have been well-known in recent years.

For example, General Motors and Ford Motor were the most powerful companies in the 1980s and even the early 1990s, and even the best in the automobile manufacturing industry. During this period, whether it was General Motors or Ford Motor, they were all companies that dominated the top 500 American companies all year round.

Even if you look at the world, automobile manufacturing companies are well-deserved as the best companies in this era. Which automobile manufacturing companies such as Volkswagen and Toyota are not large companies that are worthy of the world?

Even if automobile manufacturing companies are no longer able to do so in the future and many companies even go bankrupt, this industry still occupies a vital position in the global industry.

The reason why Yang Jing wanted to acquire the stocks of these companies was not just to make money, but the most important thing was to gain extremely high political status.

Just like the automobile manufacturing industry, if Yang Jing becomes the main shareholder of a giant car company like General Motors, Ford Motor and Volkswagen, then almost no one in the United States or even Europe dares to touch Yang Jing's finger.

Although the automobile manufacturing industry began to decline as it entered the new century, the industry involved too many workers. It was like General Motors had more than 300,000 employees, and Ford had 400,000 employees, ranking second largest industrial enterprise in the United States in 1988.

How many votes can these employees, together with their families? This is what those lawmakers and even the president care about the most.

Once Yang Jing can become the main shareholder of these large companies, it goes without saying that when it comes to elections, whether it is a senator, the House of Representatives, or even the presidential electorate, they have to rush to curry favor with Yang Jing.

Damn, if you dare not flatter me, I will let you have no votes!
Chapter completed!