Chapter 150: This is called Dipping

"Is this the Taoist magic from the mysterious East? I really didn't expect that you, a Chinese, would really collapse this multi-billion dollar CDS market!" Brooke said to Zhou Ming with great emotion, as if he had heard the unbelievable end of the world.

Brooke really can't believe that as a senior senator in Massachusetts and a large capitalist with assets of billions, he knows the CDS market very well, and he also understands the capital and companies involved in the game.

Maybe this CDS market is just a speculative market, but because of the insurance that is closely linked to one ring, coupled with the heat of real estate itself, and the dominance of Brighton Bank, under such a huge market drive, not to mention the Massachusetts authorities, even if the federal government wants to move something, it is not so simple, but it does not want to be collapsed so easily by Zhou Ming, no wonder Brooke can't believe it.

Zhou Ming just smiled at this and said: "Actually, this is not my credit, after all, this is a big problem in the CDS market itself, but the biggest reason is because of the outbreak of the subprime mortgage crisis, which makes everyone full of distrust in the CDS market, so it is particularly easy to be led by rhythm." ”

Zhou Ming thought for a while and then said: "In other words, this CDS market may dominate billions of dollars, but it is just a ship that looks big and shiny, but in fact, it is already full of holes, I just pushed it lightly, and he immediately collapsed." ”

Zhou Ming's analogy is undoubtedly a bit exaggerated, at least for now, by the subprime loan to bring prosperity to the CDS market, due to the subprime loan market, the value of the CDS contract is also very stable, in fact, the subprime mortgage crisis has indeed erupted after more than ten years, which shows that the CDS market has just started, with the help of the real estate bubble, CDS contracts can become a profitable business.

Brooke nodded silently and said, "Actually, you are not the first to analyze the CDS market in front of me, but you are the first to really do it." ”

Perhaps at first glance it sounds like Brooke's words are just an ordinary compliment, but in fact, it is a very high praise for Zhou Ming, because a financial day can see the problems in the CDS market, and Zhou Ming can not only see it, but he can even do it, and at this point, he can forcibly give those financial experts, scholars and professors a 'so-called' title.

Zhou Ming didn't want to pretend to b, but he really didn't know what to say about the praise that Brooke forced to give him, so he had to look up at the LED display on the bar and said, "The current price has reached 3.6 million." ”

Brooke's heart moved and asked Zhou Ming: "Are you planning to close the net?"

Zhou Ming did not answer this question directly, but first asked rhetorically: "Councilor Brooke, what do you think is the lowest price of the CDS contract?"

Brooke shook his head and replied, "I'm sorry, I can't answer that, because I didn't think that anyone would sell a CDS contract worth 10 million for 3.6 million." But if I had to give an answer, I think it might be 3.3 million, right?"

Brooke's tone was very uncertain, and when he saw that Zhou Ming didn't speak, he immediately changed his words: "It seems that your view of the CDS market is very pessimistic, especially now when the entire price is falling, three million is also possible......"

As he spoke, Brooke was paying attention to Zhou Ming's expression, he saw that Zhou Ming was just smiling or not speaking, he couldn't believe it: "Do you think these CDS contracts will fall by more than two million? I think this is absolutely impossible, this is almost about to fall below the bottom line of the contract price, if you accept this price, then it is equivalent to your contract transaction is done in vain!"

"So, Congressman Brooke, your idea is that we should start collecting some CDS contracts now?" Zhou Ming asked.

Brooke looked at Zhou Ming tentatively with some doubts and said, "I think this is very safe, I think if you have your own ideas, you can ...... it."

Without waiting for Brooke to finish speaking, Zhou Ming directly said very cheerfully: "Then let's do it." ”

After speaking, Zhou Ming waved his hand and called the waiter, and set a purchase order with the waiter if the CDS contract price was as low as 3.5 million.

In the face of Zhou Ming's operation, the waiter and Brooke were blinded, and they didn't understand what Zhou Ming wanted to do at all.

The waiter didn't understand that Zhou Ming had obviously come to sell the contract today, and even directly caused the market to collapse, so why did he not stop reducing prices but still buy it now? Brooke didn't understand what Zhou Ming's abnormal purpose was.

Originally, when Zhou Ming asked what price the contract could be lower, it generally didn't mean that Zhou Ming judged that the price would continue to fall, and Zhou Ming was ready to buy the bottom when the price reached a very low price? As a veteran capitalist, Brooke himself was also very familiar with this routine, but what he didn't expect was that Zhou Ming actually accepted his proposal directly and was going to buy the contract at this time.

Why is this? Does Zhou Ming also think that the price of the contract really can't go down?

For Brooke, who was full of doubts, Zhou Ming said to him with a smile: "You don't have to ask anything, just watch and study hard." ”

This sentence made Brooke almost spurt out a mouthful of old blood, if others said this to him, he had a hundred ways to return the salute, but in the face of Zhou Ming, he could only be educated.

Soon a quarter of an hour passed, and the contract price of 10 million fell to 3.5 million, and at the same time, Zhou Ming's trading behavior was automatically started.

The waiter hurriedly ran to Zhou Ming and said, "Hello sir, what you bought were three contracts from Louis Investment Company and two contracts from New Dawn Investment Company, with a total price of 10 million US dollars, and you finally bought them at a price of 3.5 million. ”

Zhou Ming looked up at the LED display on the bar, and asked at the same time, "The transaction news should be transmitted to those two companies immediately, right?"

The waiter nodded yes, and Zhou Ming asked again: "Then this time they shouldn't know who the transaction partner is for the time being, right?"

The waiter still nodded and said: "Yes, according to the rules of the market, the transaction will be confirmed first, and the transaction object will only be known when the two parties really want to trade." ”

After confirming his thoughts, Zhou Ming waved his hand and motioned for the waiter to go down first.

"Chinese, I think I seem to understand what you want to do. Brooke frowned and said, "If I'm not mistaken, Zhou Ming, you just want to make the price fall further, right?"

As if to prove something, Brooke's words fell, and an exclamation immediately sounded next to him, and then he looked up at the LED display on the bar, and saw that the price jumped to 3.2 million.

"How can this be? The price just now was 3.5 million yuan, but now it has become 3.2 million yuan? And although the price was falling before, it was at least 10,000 US dollars and 10,000 US dollars, but now it has fallen by 300,000 US dollars, which is incredible! Could it be that the CDS market has completely collapsed?"

In the exclamations around him, Brooke also stood up, he looked at Zhou Ming and said, "Sure enough, you know that once the contract is sold, it will give others greater hope, and they will sell it at a lower price!"

Zhou Ming spread his hands and said: "This is also no way, after all, if you let it go, then when those people react to it, no one will buy it even if they sell it at a lower price, maybe the price will stop, but if I buy it, it will give them a signal that as long as the price continues to be reduced, someone will buy, so that they will continue to reduce the price, which is what I want." ”

Brooke gasped, he looked at Zhou Ming like he was looking at a ghost, he couldn't imagine how someone could calculate other people's thoughts so accurately, he also understood why he lost at Zhou Ming's hands at this time, and at the same time, he also regretted how stupid he was to choose such a person as an opponent.

Zhou Ming continued to look at the LED display on the bar, as time passed, the number on it continued to decline, and finally when the price stopped at $2.9 million, Zhou Ming waved the waiter again.

"I'm going to place a contract to buy it for $2.8 million. Zhou Ming said.

The waiter nodded and said, "Okay, I understand, so this time it's only five orders for 50 million, right?"

Zhou Ming shook his head and replied: "This time there is no need, no matter how much, as long as the price reaches two million US dollars, no matter who sells it, I will accept it." ”

The waiter was stunned on the spot: "Can you take it all no matter how much? I can understand your ambition, sir, but so much is really too much, right?"

How could Zhou Ming not understand the waiter's thoughts, so Zhou Ming took out a check and handed it to the waiter and said, "There is a deposit of 50 million on it, you can withdraw it at any time, is it enough to have this deposit?"

Facing Zhou Ming's words, the waiter's expression was a little embarrassed, and he nodded hurriedly and said of course it was no problem, and left while talking.

Watching the waiter leave, Zhou Ming smiled and said to Brooke: "Two million and eight million, I think when the CDS contract was at its most popular, the contract that was originally taken out was only afraid that it was this price, right? ”

Brooke nodded, "That's true, but now you've bought CDS contracts at a very low price, or even more than one, and I'm curious what you're going to do? If I'm not mistaken, it was you who caused the subprime mortgage crisis, and you predicted that these CDS contracts weren't worth much, but why are you buying so much now? You know if your plan doesn't work out, then you're going to have all this money in vain." ”

Zhou Ming shrugged his shoulders and said, "Then wouldn't it be good to let this plan succeed?"

This sentence made Brooke stunned on the spot, although it is true that as Zhou Ming said, as long as the plan is successful, everything is naturally easy to say, but the question is whether this plan can succeed?