Chapter 275: Sudden Change
The news of the stock market is like an endless tide, constantly coming, wave after wave. Waves of bad news poured in, overwhelming bullish investors, let alone resisting, and an atmosphere of panic and despair quickly spread.
30500 points, 30300 points, 30200 points, 30100 points...... The Nikkei index is constantly losing ground at key points, testing the nerves of investors.
Pity.
At this time, Japanese investment is still obsessed, still believing that it is just a correction after the stock market has skyrocketed, and it will soon rebound.
"Japan's economic growth rate has not decreased, and the export trade volume continues to grow! The decline in the stock market is temporary, the result of malicious shorting by international speculators, and it will soon rebound...... "Japan's mainstream media never mentioned the stock market crash, and has been constantly emphasizing and predicting a big rebound in the stock market.
Under the guidance of public opinion, countless investors rushed into the stock market one after another, buying the bottom in a big way, waiting for the Jedi to rebound and reap huge profits.
However.
The reality is always cruel, and the stock market rebound that Japanese investors are eager for and looking forward to has not had a shadow, but has plunged one after another.
"It's really strange that the stock market has fallen so badly that no one has sold it in large numbers, so aren't Japanese investors really afraid of losing their money? If this had been placed in the U.S. stock market, investors would have simply sold their stocks and taken refuge. Kate looked at the countless investors who were buying the bottom one after another, and said in surprise.
Scold.
Tang Bao smiled faintly and pointed to the newspaper next to the desk. "It's not that you haven't seen that the mainstream media has not hyped up the collapse of the Japanese stock market at all, and ordinary investors are induced by public opinion." If you are bent on buying the bottom and beating international speculators, how can you panic and dream of making a fortune. ”
This was also the case in previous lives.
When the stock market crash broke out in Japan, investors were not aware of the danger at all, and took it for granted that it was just a correction after the stock market soared. In fact. In the previous life, it was only around 1995 that the whole of Japan came to their senses and realized the stock market crash and economic recession.
Of course.
It is not without reason that Japan has come to its senses after 1995. After the stock market crash, Japan's economy did not fall into recession directly, but continued to grow until it peaked in 1995 and then went downhill. I also have to admit it. The Japanese economy was really strong at the end of the 80s. After suffering such a tragic financial nuclear strike, it still did not collapse directly, but moved forward for another five years.
It is not difficult to understand that the United States is so jealous of Japan that it is bent on emasculating the Japanese economy.
"If it were me, I wouldn't dare to invest my money in the stock market when it was so volatile, no matter how high the income was!" Kate shook her head.
"That's a horror scene that you haven't experienced firsthand in the Japanese stock market! Have you ever seen a new stock skyrocket several times in less than half a month after it was listed? The U.S. stock market doesn't, and the European stock market is hard to spot. Unfortunately, the Japanese stock market is very normal. Right now. Many investors see this stock market crash as a big opportunity to buy the bottom, waiting for a new round of skyrocketing, how can they be afraid? Tang Bao explained with a smile.
“……”
Kate was speechless for a moment, most of her knowledge of the Japanese stock market came from domestic media reports, so it was naturally impossible to know the details.
Listening to Tang Bao say this, it is indeed crazy enough!
Then.
She suddenly thought that since the Japanese stock market is so crazy, Tang Bao's stocks that had been bought in the last Japanese stock market crash were probably far more profitable than she imagined.
Time flies, and in the blink of an eye, a few more days have passed, and the time has come to March.
So far.
The Japanese stock market continued to fall for more than three weeks, and the Nikkei Stock Average struggled at the 30,000-point mark for only one day before being frantically suppressed by international financial predators. After falling below the psychological mark of 30,000 points, the Japanese stock market plummeted for three consecutive days.
In the market, miserable wails rang out with frantic celebrations.
Of course.
It is the Japanese investors who are wailing, and the cheers and celebrations are the international speculators, even if there are occasional Japanese investors who participate in short selling, they are muffled and do not dare to show the slightest. If it is known to the outside world that they fell into the well when the Japanese stock market is facing malicious attacks by international speculators, they are afraid that they will be drowned by the spitting star.
……
"Huh?"
Legger, who had been staring at the computer screen and directing the operation, suddenly saw a large number of long orders being thrown, instantly raising the price of Nikkei futures by 30 points, and immediately frowned. A few minutes later, nearly 50,000 more orders poured out of the market. The price of Nikkei futures is rising slowly.
See this.
Legge immediately cautiously issued an order to suspend the purchase and close the position, and the original large number of long orders hit the price of Nikkei futures, and he continued to buy a large number of positions to close the position, which is undoubtedly tantamount to adding fuel to the fire and may cause a complete reversal in the futures market. At that point, it could be hundreds of millions of dollars in damage.
Then.
Tang Bao and Kate happened to walk in, and seeing that Leger, Cappus and the others were staring at the computer screen in a daze, they couldn't help but ask in surprise, "What are you in a daze, don't you have to work?" ”
Belch.
Legge was suddenly awakened, turned his head to look at Tang Bao, and explained, "Boss, you came just in time. The Nikkei futures market suddenly saw more than 200,000 long orders, which suddenly pulled up the price of Nikkei futures...... I can't define the short position for a while, and the bulls launch a counterattack? ”
Conversation time.
Nikkei futures rose another 15 pips, recovering to 29,820 points.
Well.
Tang Bao looked down at the trend of Nikkei futures and frowned slightly. "Leger, Cappus, what do you think of the situation?"
"It's hard to say, but I hope it's a desperate comeback from the bulls. If the main bears close the position before us, then we will be miserable. At the end of the day, Legger's face was solemn. This time, the main forces of the bears are all organized attacks, although we cooperate with them tacitly, but there is no communication, it is difficult to ensure that they close their positions in advance, eroding our profits! ”
"I think the bulls are fighting back. Looking at the trend of the past few days, the bears did not give up the chase and continued to suppress the Nikkei futures price. Cappus mused.
The words fell.
Legge immediately continued, "This alone is difficult to show that the main bears have no intention of closing their positions, maybe they just took the opportunity to get out." This time, the amount of money invested by the long and short sides in Nikkei futures is very large, and I believe that in addition to us, the positions of other main bears should not be small. We will think about secretly closing the position in advance and locking in the profits, and the other bulls have no reason to be indifferent......"
Well.
Tang Bao couldn't help but go long again and again, and Legger's words were very reasonable. The main bulls can work together to suppress the price of Nikkei futures, but after reaching the goal, when dividing the cake, everyone will definitely not continue to be harmonious, and they will inevitably want to make a little more.
But.
The futures market is a zero-sum game, if you make a little more, others will take a little less, no one will be a fool, how can you be willing to be pressed.
It's inevitable that something dirty will happen in the end.
Therefore.
At this moment, Tang Bao's heart was also inclined to Legge's point of view, and there were bears who secretly closed their positions behind their backs, trying to lock in profits in advance.
"How many positions have we closed? How many are left? Tang Bao asked.
"Well, when the price of Nikkei futures fell to 32,000 points, we began to close positions one after another, and so far we have closed 450,000 lots, and the average closing price is about 31,000 points. There are more than two million hands left...... "Legge replied quickly.
Pause for a moment.
Legge whispered again, "Boss, for the sake of prudence, I recommend speeding up the purchase and closing the position, even if it loses a small part of the profit." If the bears strive to close their positions early and the bulls take advantage of the situation to fight back, the price of Nikkei futures may rebound sharply in a short period of time. I roughly estimated that it is likely to rise to around 33,000 points, and at that time, our profits will be eroded by nearly half. ”
"Is it that serious?" Capps was surprised and confessed that he wasn't that proficient in the workings of financial futures.
Therefore.
This time to short Nikkei Futures, although Tang Bao said that Legge and Cappuz were in charge, in fact, only Legge really played a role.
And Capps is only responsible for passing on instructions and managing hired traders.
"Heh, Legge is only talking about the worst-case scenario, in fact, we are already constantly buying and closing positions, and it is impossible to be the biggest victim. However, our position is too large and we cannot withstand the losses caused by the rebound in the price of Nikkei futures. ”
Tang Bao said with a smile.
Legge also nodded in agreement, one point of the Nikkei is equal to 1,000 yen, and according to the calculation of 1 dollar to 140 yen, one point of Nikkei is seven dollars. More than 2.7 million contracts, a slight increase, is $18.9 million. At this time, the Nikkei index rose slightly by five or six points, and their losses were calculated in units of "100 million US dollars".
This account, Legge has already calculated it clearly. Therefore, when he saw the price of Nikkei futures rising, he was naturally nervous.
"Leger, Capuz, you command everyone to start buying and closing positions." Tang Bao commanded.
"Yes."
Legge and Capus answered together.
Moment.
Dozens of traders were busy, constantly tapping on the computer keyboard, and a number of buy orders for Nikkei futures rushed into the market.
Maybe.
The large number of buy orders just now was just a coincidence, and it was soon frantically hit by the international funds that hit the Japanese futures market, which also suppressed the rise in the price of Nikkei futures. At the same time, international travel funds continue to increase investment in an attempt to further suppress prices.
The price of Nikkei futures is slowly falling...... The bulls have not yet felt the taste of the rebound in the price of Nikkei futures, and they have been knocked into the abyss.
Just when the bulls are in despair and discouraged.
Suddenly.
The futures market has changed dramatically. (To be continued......)