The third branch of the Merrill Lynch Center Business Department, World Financial Center, Manhattan, New York

"Oh my God...... GE shares rose all the way to 85.50 in the afternoon, Django, what the hell happened? Old Wood stared at the latest market scrolling on the computer terminal, obviously unable to sit still, in fact, the department manager rushed directly from his small office all the way to Jiang Yelin's desk, GE stock price closed yesterday was only 84.20, this morning after the opening of the table xiàn flat, almost fluctuating between 84.20 and 84.40, as soon as the afternoon opened, almost soared with a slope of 45 degrees, after breaking through the resistance level of 85 blocks, rushed to the 85.50 position in one breath.

"Head, to be honest, I'm also very confused, or the stock market of New York Radio FM 77.7 in the afternoon everyone talked about the trouble caused by the program, and some people in the listener hotline said that GE wants to acquire the remaining 50% of Saab's shares and grab a controlling stake in Saab with GM, and some people say that GE's purpose in acquiring Saab is to integrate Saab's aircraft and military assets, and we all know that the sales of the Swedish JAS39 Gripen fighter developed and produced by Saab in the international market are growing, and it seems that a large order for 300 fighters will be signed recently, The identity of the buyer is mysterious, etc.! ”

After Jiang Yelin finished speaking, he looked at his watch, and there were 10 minutes left before the market closed at 4 p.m. EST, and the goods picked up the phone and began to give trading instructions to the trader assistants in the market:

"Hi, Dominica, or me, Business Department 3 GT9527, that's right, the previous transaction price of GE today is very good, thank you, please help me start selling 1 million shares of GE at 85.50, yes, sell all of them, and then close all the positions at the price of no more than 84.50, and after that, buy Ford shares at the market price before closing, and buy all the shares of Ford Motor at no more than 52.50!"

In the third business department, Old Wood's face was blushing by Jiang Yelin's wild manipulation and he didn't know what to say, while Phoenix and Marbury, who were on the phone, also put down the phone in their hands, and surrounded Jiang Yelin, and the four of them looked closely at the market display on the computer terminal, and soon the floor traders of Merrill Lynch Securities had begun to execute the short selling instructions of the G3 fund account, and the selling of 1 million shares was like a flood. In an instant, GE's stock price fell all the way from the 85.60 position, and as the market was close to the end, such a huge sell-off formed a stampede effect in the market, and the stock price poured straight like a waterfall.

In just 5 minutes, GE shares traded 2.5 million shares, and when the stock price fell all the way to 84.2, like a mysterious big hand, almost 1 million shares of the buy order suddenly undertook a huge sell-off, and made the bottom-buying and covering funds turn around and kill a gun, GE's stock price rebounded to 84.8 in the form of a deep V.

Since GE is the third largest weighted stock of the Dow and the S&P, the plunge in the first fifteen minutes of GE's close directly pulled the index out of the small V-line, and other stocks followed the dive, although the amplitude and volume are not large, but the impact is similar to an avalanche, General Motors' stock price fell from $62.125 to $61.725, and then rebounded back at 61.90, while Ford's stock price fell from 52.60 to 51.325, but then it was supported by big buying, The trading volume skyrocketed, and the stock price rebounded all the way to 52.725 before closing!

There was silence in the office of the third sales department, and at the end, Marbury swallowed with difficulty and said, "Oh my God, we won't be accused by the SEC of manipulating the stock price, right?" It's crazy......"

"Crazy is crazy, but this is a bright credit account day trading, we have neither used inside information nor misled investors, and the SEC will have to go to the streets to catch enthusiastic listeners or those financial media reporters who make up nonsense if they want to trouble us...... I'm just worried about whether the head will ask the boss to catch it and clean it up, according to my tip, the portfolio of the first and second sales departments to follow us to buy GE stocks is not one or two, if the rhythm is not right, I'm afraid we will make a loss......" Phoenix's words obviously gave Marbury a reassurance.

“Ye！ Come with me to the office! Old Wood called Jiang Yelin into his office with a blushing face, not only lowered the blinds but also closed the glass door, of course, the ears from Mannie to Marbury Finnis were pricked up, I don't know if Old Wood called Jiang Yelin's madness-the trader had a heart attack, I don't know if the two would quarrel inside.

"Head, the operation of the G3 fund fully follows the rules of the market, but we can't be charged with manipulating the stock price because of our high success rate and accuracy of intraday trading, how do I know that many salesmen in the first and second departments of the business are staring at us to follow the operation, if they are optimistic about the income of the G3 fund, they can recommend customers to subscribe to our G3 fund, instead of making money now that they are smart, even if we are in the third department of the business to pit them?!" Jiang Yelin's face was innocent, he sat on the chair opposite Old Wood's desk, his two long legs stretched out comfortably, and while speaking, he directly ordered a Marlboro for himself, Old Wood didn't smoke Marlboro, so he saved Jiang Yelin a lot of cigarette money.

"Django, the investment style of the G3 fund is too aggressive, giving people the feeling that they are dancing on the tip of the knife, and they may cause heavy losses at any time because of the wrong direction, not to mention any black swan events, don't forget that your share of the G3 fund is only 42 million, and the 1:1 credit account leveraged financing allows you to have nearly 90 million US dollars of available quota...... This is not the time when you have millions of funds, you can just buy and sell with a full position, and now this is related to the safety of 100 customers and nearly 100 million funds, don't you know?! ”

Old Wood's angry fingers only trembled, and he felt out that the cigarette was so shaky that he couldn't light the match, Jiang Yelin took out the lighter and lit the fire with a snap, which was considered to be lighting the cigarette for Old Wood, and then Old Wood was choked and coughed by the first puff of cigarette, Jiang Yelin quickly took a cup of tap water for Old Wood with a disposable cup, and was busy for a while before it stopped.

"Say! What are you doing in a daze? Haven't you thought about my question? And why buy a stake in Ford Motor before the market closes? General Motors is still one of the top 15 stocks in terms of market capitalization, and Ford Motor is not as good as General Motors in terms of stock price, market capitalization or dividends, right? Since you are involved in the acquisition of GE and Saab Motors...... Whether this is true or not, it is negative news for General Motors, and the auto manufacturing sector is likely to fall along with the fluctuation of GM's stock price, so why did you buy Ford? ”

Speaking from the heart, Old Wood is quite tolerant of this bold Asian subordinate under his hand, and even blocked a lot of open and hidden arrows in front of his boss and other departments for Jiang Yelin, an unofficially appointed internal fund manager, and the G3 Fund can be established more than half of it is guaranteed by Old Wood with his seniority in Merrill Lynch, and nominally the G3 Fund is under the full command and control of Old Wood, the department manager.

"Head, buy Ford because of the three major American car giants, General Motors and Chrysler, Ford has been in a life-and-death competition, I predict that GE and GM and Saab Motors this file thing, is likely to make General Motors' stock price fall, and General Motors' negative is good news for Ford Motors, those funds and trust portfolios that were originally allocated to General Motors, are likely to adjust their positions to Ford Motors, not to mention Ford's low stock price and small market capitalization, The average daily trading volume is only 600 to 8 million shares, which is convenient for the G3 fund to pull up Ford's stock price! ”

As soon as Jiang Yelin said this, Old Wood understood, but he still said with a blushing face, "Then you should also greet me in advance, not to mention that since GM's stock price may fall due to rumors and rumors, why not sell short on GM directly, and choose Ford Motor, which can't be beaten by eight poles?" Ford shares are not as active in the market as General Motors! ”

"This, head, outsiders all know that although our G3 fund style is aggressive and aggressive, but the investment is big blue chips, so customers will rest assured to subscribe, although the scale of Ford is not as good as General Motors and General Electric, but it is also a weighted stock in the constituent stocks, we directly buy and sell on GM is easy to attract criticism, SEC when the time comes, which tendon is caught to find the door to make it clear is not troublesome? So, we don't mix GM stocks, we focus on GE and F (Ford's NYSE symbol)"

"In recent years, the gap between Ford and General Motors has widened, and the market share is not as good as that of General Motors. I know you're not that simple! Old Wood looked at Jiang Yelin hesitantly, always felt that this guy was still bluffing himself with official words, once upon a time, the fund under his command could actually stir up the stock prices of GE and GM unpeacefully, Old Wood never thought that there would be this day.

Head, I'm going to tell you about that, I've heard that Ford is likely to join the Saab takeover war...... Of course, they are all rumors, and they haven't spread much yet, but as you know, Ford started with pickup trucks and low-end models, while Sweden's Saab is synonymous with the world's high-end luxury cars, and it is a sports car luxury car route, so Ford wants to take the Saab brand under its command, so as to open the door to the high-end luxury car market...... Don't you think that's a very likely thing to happen? ”

Since joining Merrill Lynch, Jiang Yelin has not been developing clients, but studying various analytical reports of Merrill Lynch, General Electric, General Motors and Saab Motors, Ford Motors, and even Chrysler Motors, which are the stories and target companies he focused on in the first phase.

"Nonsense! Ford can't even compare to General Motors, how can it be possible to buy Saab cars, eight poles can't be beaten, this kind of story without gold content is completely a rumor, the G3 fund of the third business department is the only seedling in the department at present, and the performance and yield are related to the development of the third business department in the future, if the G3 fund messes up, I will never forgive you, do you understand?! ”

Old Wood slapped the table, but his hand felt painful, the stories in Jiang Yelin's mouth were one after another, all saying what was the gossip he heard from, and then he couldn't tell the source if he asked specifically, if the operation of the G3 fund was always so godly and relied on rumors to exploit loopholes to fight the time difference, sooner or later he would kick the iron plate on the head and break the blood, Old Wood felt that he had a hundred reasons to take a good direction for Jiang Yelin.