Chapter 9: The First Time in JR (4)
Just like in response to the speculation of Aiko Mitsui and Matsuei Gunda, JR's investment managers are running around just to borrow stocks from small and medium-sized Japanese funds and large retail investors!
However, there is a very puzzling problem that these JR investment managers did not immediately assign traders to short these stocks after borrowing the stocks, as they did on Wall Street!
So, a very interesting situation arises, as time goes on, this small team of ten people has snowballed more and more with stocks in their hands.
With a 10% margin, 7W billion yen can leverage the stock market to reach an astonishing 70W billion!
Under the command of Jerry, the managers of JR Investment are constantly jumping around in Japan like a hunting dog!
"Short? These Yankees can actually figure out that Japan's economy is taking off, and we have an incomparable price-to-earnings ratio, you know, even the stocks issued by the Japan Telegraph and Telephone Company have a price-earnings ratio of 200 times, what is the American Telephone and Telegraph Company? 20 times! "JR Investment's actions undoubtedly did not escape the eyes of the Ministry of Finance, and after Noboru Takeshita knew what this group of Americans were doing up and down, he laughed and laughed in addition to ridicule! Not to mention the small and medium-sized funds that have been borrowed from stocks!
Therefore, it became much easier for JR Investment to find short stocks, because after the news of a group of Yankees looking for short stocks spread, JR's operation room was almost crowded!
"Excellent! Very well done! Gentlemen, have you ever heard a word! β
"What?"
"Those who are going to die can't hear the ghosts!"
"Interesting, really funny metaphor!"
JR's hahadaxiao, and in stark contrast to this is Ami Harano, poor fellow, as time goes by, she realizes that her heart beats at a different rate every day, and she still can't understand what Jerry is thinking!
As for Bob, he is not allowed to say a word except to watch, except to learn, this is what Jerry meant!
The Nikkei is still jumping upwards!
JR people are smiling and playing games in an arcade in Ginza, Japan!
"Boss, you're actually cheating, not like you!" John. Paulson jumped to his feet in a huff.
Jerry didn't bother to pay attention to him, "Next!" β
Fredo. Ben sat down excitedly, and then, in less than two minutes, he was killed and abandoned his armor, and stood up from his seat in a dejected manner.
"Next!"
"No, it's not going to work like this! Can't let him play tricks like this! Mock, you go, I'll help you grab the boss's hand! β
"Shit~Fredo, what are you doing? Damn it, you're committing a crime! Let go of your claws, my poor dragon! β
"Oh yes~ finally killed the boss!"
John and Fredo jumped up, and the JR people all hugged each other!
It's called Street Fighter!
CAP on June 30, 1987, launched the first generation of Street Fighter, a new eight-way operation mode, compared with the mainstream of fighting games at that time, up and down, left and right four directions of operation judgment has a breakthrough development, CAP also designed a unique pressure-sensitive button for the arcade machine of the game, which can determine the damage value of the move according to the strength of the player's press buttons, which is completely different from the six-button Street Fighter developed in later generations. For Jerry, though, that's not a problem at all!
A group of men, seeing a new style of fighting game, of course, can't help it.
The people in JR are clamoring to make Jerry look good.
As a result of the shouting, the group was abused several times in turn for the next hour!
A wave punch, plus a rising dragon fist, is such a simple combination.
Of course, when he is happy, Jerry will also come to a few sets of combinations to play in a row, and the whirlwind leg will be reversed!
"Bob, aren't you going to play with them?"
"I'm not interested in this!"
"Hey~ man, I said don't pretend, Miss Yami went out to buy water!"
βShitοΌ You didn't say it earlier, pretending to be so serious all day long, but it's a very tiring job! β
"So, it's better to be a man!"
"She doesn't like the free and easy type!"
"So you're like this? Listen, deep isn't good for you! It's true! β
"Who knows! Maybe I was destined to go in this direction! β
"But, don't you know that no amount of gorgeous clothing can hide your inner coquettishness!"
"Jerry, you don't need to hit me like this!"
"I'm telling the truth! Well, I just hope you can be yourself! As for her, the shijie outside is big! Like you said, who knows in the future, yes, no one knows where you will fly and who you will be with! β
"Maybe you're right!"
"Alright, go in and have fun with them, it's good for you! Your mind needs to relax, just like them! β
On October 3, the Dow Jones showed signs of decline.
JR Investments in the United States is still shorting!
As of October 9, the Dow Jones fell 158.78 points, or 6%.
JR Investments in the United States is still shorting!
On October 14, the Dow Jones fell by 95 points.
On October 16, the Dow Jones fell by 108 points.
In another week, the Dow Jones fell by 9.49%.
And at this time, JR Investments in the United States has done all the work of shorting!
And those Americans, except for JR, who are still indulging in the traverse of the stock market, and the index is falling? Please, this is just a jishu adjustment, so don't tell me anything about a crash! In that case, I'll shout at my throat at you stupid!
Robert. Soros is now nervous and guarding the phone, he is waiting for the call!
On October 15th and October 16th, Paulson's investment team, under the instruction of Jerry, launched a short selling war with major Japanese funds on Tokyo Securities! As a result of the short sell-off war, Paulson's investment group was defeated, and the Nikkei index was pulled up again!
On October 16, half an hour before the close of the Tokyo Stock Exchange, Ami Harano looked at the rising Nikkei index, closed her eyes with a pale face, and her expression was very painful!
God, he weishenme doesn't listen to me!
Although the Paulson team, which was the loser, already knew that this would happen, they were still bloodless when they looked at the rising Nikkei!
task, they only completed 70%! ,
33 years later, in 2010, some experts pointed out that shorting in Japan in 1987 was doomed to failure!
On October 18, U.S. Treasury Secretary Beck made a shocking remark on a national television program: If the Federal Republic of Germany does not lower interest rates to stimulate economic expansion, the United States will consider letting the dollar continue to fall.
The time arrived on October 19, 1987, at 7:30 in the morning!
The whole of Wall Street is shrouded in a haze of the unknown!
"Hi ~ Morning, Bobby! What's wrong with you, early in the morning, just frowned, Suxi showed you the face last night! "In John. In Filin's eyes, this old friend of his was obviously preoccupied.
"Morning, John!" Bobby. Hisoka looked weak.
"Hey~ man, what the hell is going on?"
Bobby. Hisoka handed John a thick stack of marketing reports. Film, the chairman of the New York Stock Exchange, and the latter's face became very ugly after a few turns!
Sell order, sell order, in addition to sell order, or sell order!
"This ......"
"Yes, John, it's all sell orders, sell orders for nearly 100 million shares, submitted by the computer automatic program during the break!"
John. Filmin and Bobby. Hisoka seems to have aged by dozens of years all at once!
"How so!"
"I don't know, John, maybe it's because that damn bastard Baker said a bastard. I've been here all my life and I've never seen so many sell orders! What's wrong with this shijie, isn't there anyone who wants to buy stocks? β
9:30 a.m.
"When~When~When!"
The opening bell rang quickly and dullly!
The Dow Jones index flashed on the fluorescent screen, and in just an instant, it plummeted by 67 points!
"Oh God! What the hell is going on! β
The JR trader, who had already been in the operation room, was obviously stunned for a moment when he saw this situation, he didn't know how to describe his current mood, shock, or excitement!
And the plunge was followed by a sea of selling orders, and the cries of selling came and went.
"Pepsi sells 55,000 shares!"
"GM sells 60,000 shares!"
"Morgan sells 30,000 shares!"
"MacDonald sells 100,000 shares!"
β¦β¦
In just one hour, the Dow Jones plunged 104 points, selling nearly 140 million shares, which is equivalent to a normal day's trading volume. Due to the large number of instructions, the computer was even almost 20 minutes slower than the actual transaction.
"Poppy, what did you say? What is IBM's stock price now? $33? Damn, in 1 hour, it actually dropped by $10! "John. Filmin snuffed out the cigarette butt in his hand fiercely, and then lit another one, "Contact Merrill Lynch, Morgan, Rockefeller...... Templeton, by ten o'clock, I want them all to show up in my office! Now, give them a call right away! β
New York Securities Office!
"Gentlemen, the situation is very critical, and if we keep the market open, all the stock prices will continue to fall, and the dealers will only be able to buy and not be able to sell, and as a result, we will soon run out of working capital. If we shut down the market...... If we shut down, everyone will lose confidence in the market, and the outcome will be unpredictable! Gentlemen, vote by show of hands, and if you are in favor of the closure of the market, please raise your hands! β
Except for one column, the chairmen of all the securities companies present at the meeting did not raise their hands!
At 10:30 a.m., all stocks on the New York Stock Exchange opened, and the Dow Jones continued to fall by more than 100 points.
"Oh no, God, what's going on!"
"Down with Reagan!"
"Down with the business school graduates!"
"Down with Yappis!"
β¦β¦
Furious investors run out of the NYSE like crazy, then jump on top of the car and roar with all their might!
John. Fei Lan looked at this scene, trembling and clutching the guardrail, and yelled loudly, "Wall Street, you are a symbol of the American economy, no matter what, you have to pretend to be able to hold it!" You need to be like this, you have to be like this! β
Seems to be in response to John. The Dow Jones, which fell to around 2000 at 10:45, rebounded and rose back to 2100 again.
However, the nightmare is far from over!
Stupid SEC Chairman David Brown. When Ludd was asked by a Reuters reporter at 11 o'clock, he euphemistically said that he did not rule out the possibility of a short suspension of the market to deal with the imbalance of orders. When his words were transmitted to space through the Reuters airwaves and returned to the ground again, the euphemism turned into a "bombshell", ruthlessly shattering people's fragile defenses.
"Sell~"
"Sell~"
"Sell~"
"Sell~"
"God, don't do this to me~"
"Yes, I persuaded you before, but you didn't listen, I already knew that there would be this day, I already knew it~"
"Give me back my money, give it back to me~"
"Jumped off the building~Someone jumped off the building~"
In the church next door to the New York Stock Exchange, the voice of the sermon came through a loudspeaker, "God has long prophesied that the end of Shijie is coming." You vampires, who specialize in trapping the common people, God is warning you~"
β¦β¦
The scene became crazy!
After 1:30 a.m., institutional investors who bought stocks with pension funds, mutual funds, and insurance funds also joined the sell-off, and the precarious Dow Jones index fell to 1,900 points under such a huge amount of heavy artillery bombardment.
The crazy stock market is like a boiling oil pan dripping into cold water, and the whole thing is fried!
On October 19, the Dow Jones index fell from 2247.06 to 1738.74 at the open, down 508.32, or 22.6%, and in one day, the market value of the lost stocks in the United States exceeded $500 billion.
Jerry, who was far away in Japan, just said two words calmly after receiving a call from Robert in the evening, "Close the position!" β.
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