Chapter 177: The First Most Empty Forcing in History (8)

People are a strange thing, when the price rises wildly, everyone thinks that the future is good, and then desperately covers the chips in their hands. And when the price falls, their mentality immediately changes, regretting that they did not sell at the highest point, and then they have the idea of seizing the last opportunity to sell wildly, which in turn prompts the price to accelerate the decline.

Worst of all, this decline quickly triggered sell orders placed by sellers at lower prices, and before these sell orders were filled, the price fell below the line of defense, creating an avalanche effect. This plunge in turn exacerbates the greed and fear of the bulls, forming a vicious circle.

Naturally, there are also calm-eyed people among them, who vaguely feel that something is wrong with the situation, but with their meager financial resources, they can't support the decline of the market at all, and can only watch the Volkswagen Group's stock price decline rapidly.

€950, €900, €850...... In ten minutes, the stock price fell from a peak of 1,058 euros to 712 euros, which is an astonishing speed, and there is a faint tendency to fall below 700 euros.

"It's time!"

Allan. Howard roared, "Place a buy order and buy as much as you can." ”

When the stock price began to plummet, he immediately realized that this could be another conspiracy. After yesterday's battle, he has realized that there is an invisible hand manipulating the market. But what shocked him was that the rest of the investors in the market didn't see it, not only the bulls, but even most of the bears didn't realize it.

When he estimated that he was about to reach his psychological price, he naturally could not let go of such a great opportunity, and immediately ordered the trader to buy quickly and close his position on dips.

I have to say, Allen. Howard's timing was precise enough and his orders were decisive enough. But it's still too late.

The market changed again, and the Volkswagen Group's share price soared to 720 euros. When everyone reacted, they saw a super buy order of 6 million shares at 710 euros, which forcibly stopped the momentum of the plunge.

More than 4 billion euros super buy order!

In addition to yesterday's large buy order of 1.2 billion euros, this record was broken again today, and even more than three times the amount of yesterday. Although the bulls scrambled to flee. But in the face of the huge amount of pay, it was still easily accepted.

The market was shaken, and most investors were in a state of confusion, not knowing what to do. But there are some people among them who smell something unusual.

"It's the same wave of people!"

James. Whitehead said categorically, "It's definitely the same wave of people, even the same wave that broke through 300 euros yesterday." The same strategy, the same operating methods, a huge amount of money. Psychological tactics of playing with the market. And they succeeded again! ”

"Your basis?"

Allan. Howard didn't talk nonsense and asked bluntly. In his mind, he also vaguely felt that there was some kind of connection between these two things, but he needed more evidence.

"Just before the price jumped to 720 euros, the sell column suddenly pulled down a sell order of nearly 2 million shares, which is so fast that if you don't look closely, I'm afraid you won't notice it at all. Just as the sell order disappeared. The buy single column will have a huge amount of takeover, and the downward momentum will be stabilized at once. If there is no connection between the two. No one believed it at all. "James. Whitehead calmly analyzed.

"What is their purpose?" Allan. Howard looked at the other traders, some nodding, others shaking their heads, and it was clear that not all of them saw James. Whitehead said this scene.

"It's an amazing guy, or rather an amazing team!"

James. Whitehead did not answer immediately, but praised the other party from the bottom of his heart. "With so much money at your disposal and as easy as your fingers, it's a great team. Logically speaking, this would have been possible in this case if it had not been for some big short. Or the team of the Porsche Group. But Porsche has just made a statement, which negates the possibility of the latter. And the hedge fund that can train such a team can be counted on the fingers. ”

"What the fuck are you going to say?" Allan. Howard had lost his patience and even burst out foul language, "Also, what do you think we should do?" ”

"Directly put up a buy order of 800 euros, and now the situation is out of our control!" James. Whitehead didn't dare to show off any more, and quickly gave an answer, and then explained, "If I'm not mistaken, this wave of people is the Quantum Fund." These two market-subversive operations were carried out by Soros. Yes, they are definitely the ones who have such a big deal to play the whole market in the palm of their hands. ”

"You mean them?"

Allan. Howard thought about it carefully and felt that there was some truth, but he still had something to puzzle, "But if the sell order that suddenly appeared just now was also them, then wouldn't they sell the chips they had?" Isn't this self-defeating? ”

"That's where they come in!" James. Whitehead looked admiring, "In the situation of the high-speed rise in stock prices just now, only by throwing a large number of chips can the bulls throw away their illusions." And millions of chips are difficult for any single force in the market to eat. In this case, they induce an avalanche effect by throwing a lot of them, and then take the order at a low position, which is their strategy. It is good to have deep pockets, and to be able to play the entire market in the palm of your hand. After such a show, they believe that they have taken over most of the chips in the market, and there is not much left, so I asked traders to buy in the market at a price far beyond the current price, hoping to buy as much as possible! ”

"What do you mean......" Alan. Howard's face suddenly turned ugly.

"Yes, if my guess is correct, after two rounds of the Quantum Fund, most of the chips in the market have been absorbed by them. Even if the rest of the people raise the price again, they may not be able to buy enough chips. "James. Whitehead's face was equally ugly, "It's a pity, it's a pity, if we had dared to attack in the process of falling, we wouldn't have fallen to this point now." ”

Allan. Howard's face couldn't help but have a fever. Fortunately, the atmosphere was already hot, and his face was flushed, and others would not think he was ashamed. After calming down a little for a while, Alan. Howard made a decision, "Get the plane ready, I'll go to the airport right away, and let the legal department and I meet at the airport." We immediately flew to Frankfurt. ”

"After I arrive, notify me to come back if we successfully close the position. If you can't close the position, you have to tell me as soon as possible, and you can only ask the exchange for help! ”

He walked vigorously, picked up his trench coat and hat and walked outside, and instructed as he went, "Also, you are in charge of the operation here." Do your best. There's not much strategy to talk about anymore. ”

James. Whitehead nodded silently, not speaking, and at this time there was nothing to say.

The same situation also appears in the market, with the passage of trading time bit by bit, the market sell orders are getting less and less, after the big buy order turmoil just now, more than seventy percent of the sell orders in the market are swept by this buy order, and the rest of the sell orders only appear. It was received by hungry buyers. Although the price is still rising, sadly. Even if you wave a check, you can't buy the stock you want.

A tragic atmosphere permeated Frankfurt and among the investors who shorted the Volkswagen Group. It didn't take long for Volkswagen Group's volume to shrink at a rate that was visible to the naked eye, although the price was still high, but for those hedge funds. The dispensable share is no longer able to save them, and what awaits them will be the tragic fate of default.

When the market was finally shut down, the Volkswagen Group's share price stopped at 854 euros per share, and the buyers were still piling up a mountain of buy orders, while the sellers could not see the first sell order. The bulls sold all the stocks they had. They tried to squeeze the shorts as much as they could, but they still didn't get their way.

For the bears, they have no choice but to shake the check and ask for it in the market. But even so, it was used by others to take advantage of the luck psychology to put two ways, and snatched most of the chips from their mouths, which was simply a loss and a shame.

Anyway, the whole day of trading is over.

The Frankfurt Stock Exchange began to settle various transactions, the most important of which was naturally the equity trading of the Volkswagen Group, and despite the help of the computer system, the staff was still busy until 7 p.m. after the processing of various data, and the final result surprised the Frankfurt Stock Exchange: there were still more than 4.7% of the Volkswagen Group shorts who did not close their positions.

Based on the total share capital, this part of the position has at least 18 million shares of Volkswagen Group shares. Based on the final price of today's transaction, the value of this part of the position is around 15.5 billion euros. Such a sheer size and figure directly alarmed the Frankfurt Stock Exchange, which, after an emergency consultation meeting, decided to settle the matter.

There is no way, such a large number of stocks or amounts of money cannot be handled by the exchange, and even if all the assets of the Frankfurt Stock Exchange are sold, it is not worth so much money. Of course, it is impossible for the brokers to pay for this money, and if they do, I am afraid that the average German market maker will immediately declare bankruptcy.

Of course, a breach of contract must not occur. If it did, the Frankfurt market would have largely lost credibility, and the blow would be even more terrible than the bankruptcy of the exchange. Because a financing pool cannot provide funds to the real economy, this even affects the real economy of the country.

Kurt. William. Cole did not dare to be a master of the matter, and after unifying his thoughts with other high-level officials of the exchange, he sent the situation and the handling of the matter to the Prime Minister's Office. It didn't take long for the relevant approvals to be passed by the government, and the next step was for the exchange to bring the two sides together to negotiate a solution.

Wolfgang. Porsche and Weidkin were ceremoniously invited to Frankfurt, where they arrived by private jet in just half an hour. Hedge funds that did not close their positions in time were contacted, video links were connected one after another, screens lit up one after another, and complex faces appeared in the conference room of the Frankfurt Stock Exchange.

Allan. Howard had just landed at the Frankfurt airport when he heard the news. Without saying a word, he rushed to the Frankfurt Stock Exchange with his lawyers. When they arrived in the conference room, they were surprised to find that there were still many familiar faces. There are British counterparts, there are German counterparts, and there are some unfamiliar people. Although everyone is half an acquaintance, when they meet on this occasion, no one is interested in greeting, and many people even turn their heads silently.

Allan. Howard let out a long sigh, found a corner spot, and sat down silently, quietly waiting for the protagonist to arrive. At such times, he is a fish on a chopping board, to be slaughtered. No, it's not just him, most of the people in the field play that role.

At eight o'clock in the evening, in the stunned eyes of everyone, a big man familiar to everyone appeared, it was Soros.

Surprisingly, it was none other than Wolfgang who was sitting here with Soros. Porsche, what is even more unexpected is that the two talked and laughed all the way, like a pair of old friends for many years. (To be continued......)

PS: Thank you to the book friend Xiaoqi Civilization Miracle, Heaven and Earth Divine Wind, Kalm God, Niu Xiaofan, aassddffxx, and Jiang Dawei for voting for the monthly ticket! I'm sorry I didn't finish writing until midnight yesterday, and if I can't write it before ten o'clock, I usually wait until the next day to update it, of course, the author will try to arrange the time as much as possible, and try not to let other things delay the writing of the book.