Chapter 44: The Glory of Wall Street (Part II)
"It's up, it's up, it's up......"
As the rich Yankees expected, the market has just opened, and the large electronic automatic display board in the stock exchange is rising, and at this time there is no distinction between junk stocks and high-quality stocks, and all stocks have only one characteristic, that is, they continue to rise. Pen | fun | pavilion www. biquge。 info
Everyone stood up and searched for their stocks in the dense stock information, and even if they rose by a penny, it would mean that they had a lot more wealth.
Marne wriggled his fat ass on the huge leather chair seat, leaned sideways and congratulated Keynes next to him, saying, "Mr. Keynes, you are a brilliant economist. The stock of the steel company has risen to $257. The stock of the mining company I bought also went up all the way, and compared to this speed of making money, the days of mining in the past were too slow. ”
"The news of the bank's capital injection into the stock market should have been known to most stock people, and everyone wants to grab an extra pot of gold, maybe today will trigger a peak of price increases, driving an upward trend for a long time. Countless dollars will continue to fall from the sky. Keynes laughed humorously and turned his attention to the stock manager and the stock autoquote.
"What, somebody sold a huge sum of shares in General Electric?" Marne stood up in shock, not frightened, but surprised, God, what are you kidding, the timid can't help but sell? Haha, eat in, eat it all.
After giving instructions to the manager, Marne ate a part of the GE stock that was sold at a high price, not only did he feel too much, but too little. The rich who can afford to buy a seat on a stock exchange for hundreds of thousands of dollars will not mind this small amount.
After a while, there was already a joke on the stock exchange, and everyone knew that it was old John who had sold half of his shares, and you could see from the expression of his dead father and mother how reluctant he was. At this time, even some cautious people want to open it, and this old thing is afraid that it will be sold in an emergency, not that it has no confidence in the stock.
"Old John, the old cowboy of the West, is really uncourageous. If it were me, I would rather find a bank loan than sell a stock that is doing well. Ma Xi said that he looked down on Old John, an old cowboy in the West who had taken the shit luck.
"Alas, George, there's only so much I can do to help you. If you end up bankrupt, I'll leave you a little more of the rest of the money. ”
John Sr. walked up to his nephew, whose stock had been sold, hoping to help George avoid bankruptcy.
"Uncle, don't worry, with your support, I will definitely turn the situation around." George looked at Lint who seemed to be smiling beside him and Sakuraichi who was half of his face covered by the brim of his hat and couldn't see his expression, and felt very uncomfortable, what a kind uncle, but he had to endure the next shocking reversal.
Seeing Old John return to his seat, Lint handed George a small box, "This contains a little medicine, if Old John has a bad heart, he will use it later." ”
"God willing, Uncle will be fine." George is the only one left in terms of family affection, and he doesn't want to let his dearest uncle have an accident.
A few people didn't say much, until Sakuraichi turned on his phone and watched the stopwatch go to the scheduled time, then he said indifferently to Lint, "It's time, let's start." ”
Crazy stocks, almost the obsession of the whole people to speculate in stocks, from shareholders to capitalists, even big chaebols and big banks, and even the government have fueled the troubles, and the prices of many stocks have increased more than ten times, or even dozens of times, in recent years. The famous U.S. steel company has even risen from a few dozen dollars to a sky-high price of nearly $300, and there are many similar stocks, such as steel, electrical, automobile, shipbuilding, etc., which have risen particularly fiercely, allowing stock holders to enjoy incredibly high prices.
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, but also looking for prey, once any person can not bear the high price, sell the stock, there will be a group of tigers pounce on it, and the food will be eaten in an instant.
"Another large number of high-quality stocks have been sold?" Ma felt a little excited, it seems that those retail investors, small capitalists can't stand it, this situation has happened countless times before. Many people can't stand the current high price, sell the stock, and then regret it and buy it at a higher price. As a wealthy man, he will ignore this kind of ups and downs, as long as it is a high-quality stock, even if it is a stock with average performance, he will eat a lot.
The situation became delicate for a while, with stocks that continued to rise on one side and stocks that were constantly being sold off. It's a pity that people are not gods, and no one can detect subtle changes in the stock market, only those who have a heart can find out.
"Stock prices are still rising?" George spoke suspiciously, his golden eyes looking at Sakuraichi.
At this moment, Sakuraichi was sitting on the sofa, her ten fingers quickly beating on the remodeled notebook, and the light of the screen was reflected on the lower half of her face, which looked a little weird. Hearing George's words, she mysteriously hooked the corners of her mouth, George is a layman in this regard, of course, if you change an insider, you may not be able to see it, unless you have this kind of vigilance in your heart, in order to catch the subtle changes in the stock market.
"The broader market has been affected because the uptrend in some stocks has slowed down and the price growth has been smaller due to the stocks we have sold. Wait for the second or even third wave of stocks to be sold out before causing panic in the stock market. The real highlight will be in the afternoon, and now it's just foreplay. As soon as Sakura spoke, her indifferent voice couldn't hear any emotion.
This is also to avoid losses, it is impossible to sell all at once, hundreds of millions of dollars of stocks, although compared to the market value of tens of billions of shares as a whole, is not too big, but as a sell-off weight, it is already a big day.
The current situation is that the step-by-step sell-off has absorbed the funds in the hands of stockholders, thereby slowing down the rise of other stocks, and the situation in the afternoon is a disaster.
The market closed at noon, and as soon as the market opened in the afternoon, there was a small explosive rise in stocks, as the news of the injection of capital into the stock market by the Bank of England was officially released, which stimulated the confidence of investors.
When stock speculators tore off their ties and prepared to make a big move, but stock managers unbuttoned their shirts and prepared to fight, the massive sell-off finally began.
"In order to plan, a certain amount of loss will be necessary."
Lint muttered that the afternoon operation had been replaced by him, because Sakuraichi was not very experienced in this area. In order to hit the U.S. stock market hard, nearly $1 billion of directly or indirectly held stocks will be sold in multiple waves, and in order to avoid too much loss, this afternoon will be the largest sell-off.
As soon as he finished speaking, a situation appeared on the stock automatic quotation machine.
", is the quotation machine broken??"
"God, how is it possible, this can't be"
"Damn, the machine must have malfunctioned"
……
The New York Stock Exchange was in turmoil.
Less than 5 minutes after the market opened in the afternoon, a stock worth hundreds of millions of dollars was sold at one time, which was the beginning of disaster, but not the beginning of panic.
As soon as these stocks were sold, the market entered a period of adaptation in less than two minutes, and then they were frantically grabbed by the stockholders. Some bought hundreds of thousands, some bought millions, and countless stockholders and speculators, even big chaebols, barely used their last skills to take down the first batch of sold stocks.
In the eyes of many economists, chaebols, and bank analysts, this is just a hidden chaebol, or even a certain investment institution that is beginning to take out positions, and it is not a catastrophic stock market crash, because everything is without warning.
In fact, it is not without signs, but no one can see it, for example, the private ownership of the means of production, the huge number of unemployed, the rise in prices, the popularity of installment payments, the excessively inflated value of stocks, the speculation of speculators and chaebols, and banks, have long since raised the stock market and even the entire economy to the height of a collapse.
It's not that no one is aware of this kind of crisis, but every time, this kind of warning words are drowned out by the soaring stock price again and again.
When the speculators ate the first batch of stocks, the entire stock market has fallen into a halt to rise, tending to stabilize, and speculators with sufficient surplus funds are also breathing or waiting, and the sell-off just now is almost the only thing to see in the past six months.
However, the sellers did not let these speculators breathe, and a larger batch of shares was sold off again as if it were planned, and this time the sell-off was no longer a collective sell-off, but it seemed that there were people selling everywhere.
People in the exchange are wiping their sweat, and even everyone who is following the stock market is wiping their sweat, watching a large number of stocks being sold, and the entire stock market is also hit, and then it is slowly falling.
"No, use reserve funds to buy, and you can't let the stock market crash occur."
People from several major consortia and banks immediately reported this stock market abnormality to the big bosses behind the scenes, and the instructions they received were very consistent, that is, to buy and avoid the occurrence of a stock market crash.
The large-scale sell-off soon attracted the attention of the U.S. government, and it received the news of the stock market anomaly at the first time, but after all, the country's high response speed lagged behind, and the U.S. government did not know enough about the disaster of the stock market, and did not take decisive measures, but only sent economists to continue to pay attention.
In other words, the astute chaebols and investment institutions discovered the anomaly and took decisive measures. As some veteran chaebols, this level of stock sell-off, they can eat it by gritting their teeth.
However, something stunned them arose.
The third wave of sell-off is comprehensive, and it has already triggered small shareholders to follow suit.
All those who are qualified to sit in this hall have forgotten that they are not small stock speculators, and those people will be the first to resist this storm, and the third wave of stock sell-offs has finally caused a sell-off like a trend.
The stock price on the automatic quotation machine is refreshing with a frenzy that has never been seen before, at first several stocks, then more and more stocks, at this time, there is no difference between high-quality stocks and junk stocks, and more and more stocks are joining the decline.
Stocks that are constantly being sold off are driving down their prices step by step, five dollars, one dollar, or even one cent.
Even in a stunned time, the price of a stock can be refreshed several times. And when more and more stocks join the sell-off wave, the falling price data has made it difficult for the automatic quotation machine to bear.
Everyone was cursing, some were tearing their ties, some were throwing away their coffee cups, some were even slamming their fists at the servants next to them, and everyone was screaming until the staff of the stock exchange announced: the automatic quotation machine is not broken, just because the stock price is refreshed too fast and cannot keep up with the speed of the quotation, everything is normal.
Is everything normal?
No, everything is not normal anymore.
"Boss, the $20 million we just invested has been used up."
There is no need for the financial assistant to talk more, Ma has clearly seen the prices of his stocks, which are still falling wildly, no matter how much he invests money to raise the prices of those stocks, he can't resist the wave of sell-offs in the end.
"Put the last $10 million into it......
Marne glanced at Keynes, the old man was already stunned, it seemed that neither a wealthy man like himself nor an economist like Keynes could prevent this kind of disaster, and he could not accept it.
"Sell, sell, quick, sell ......"
More and more people began to yell at their stock managers, and more and more people began to can't bear it, so sell them all so that they can reduce their losses a little.