294. Economic bubbles
The Nikkei did not open sharply lower as Ye Zifeng predicted, but opened flat, and then began to attack the previous high, driven by the low price and big blue chips.
The tenacious trend of the Nikkei index made Ye Zifeng unable to understand, perhaps the tenacious trend of the Nikkei index is a kind of foreshadowing of the character of the Japanese people.
At this time, Ye Zifeng did not move, did not lend securities to short, and did not open additional short orders in the futures market. Ye Zifeng is still waiting, waiting for the Nikkei to break out of the direction.
Ye Zifeng noticed that while the Nikkei index was rising, there was a divergence in the movement indicators that represent the rise and fall of individual stocks. That is to say, the index is rising, while individual stocks have diverged from the trend, not following the rise, but falling to varying degrees.
This trend usually indicates that the subsequent market trend is not optimistic.
Sure enough, when the Nikkei index rushed to the previous high of 39,620 points, it ended without a problem, and the broader market index suddenly fell like a cliff. The Nikkei index suddenly turned into a sharp decline without warning, and the low-priced blue chips that led the market in the early stage suddenly went short on the backhand, quickly suppressing the broader market index.
In just eight minutes, the broad market index fell by 2.86%, plus the rise in the red market in the early stage, that is, in just eight minutes, the market fell by nearly 3%, and gained support at the 30,000-point integer mark.
This rapid decline caught everyone off guard, and the vast majority of people have not yet reflected it, and they have not had time to throw out the chips in their hands, and they will be trapped by the market index!
Ye Zifeng also didn't have time to react, except a few days ago, after trying to open some short positions in the futures market and melt some securities to sell short, Ye Zifeng can be said to be completely empty now.
In the process of Mitsubishi Corporation's decline, the stock price also fell by nearly 3%, from 1,320 yen to the 1,000 yen mark, which is in line with the decline of the broader market.
"Are we buying? Or sell? Hidekawa Yoshiko was stunned by this ferocious wave of the market, and she couldn't find the direction of buying and selling at all.
"Of course it's sold! Since we didn't make the straw that broke the camel's back, we can still beat the reservoir dogs! Ye Zifeng said with a smile.
Ye Zifeng knows that the rapid fall of the Nikkei index has completely destroyed the confidence in the market, which is a slap in the face for investors who are still dreaming of 42,000 points on the Nikkei.
The fifth wave of the five waves has completely gone to the wave of failure!
And because of this wave of suddenness, so that many investors have not had time to sell, they were deeply trapped, many of them chose to wait for the rebound after the sharp fall of the market to reduce their positions, they still fantasize about the Nikkei 30,000 points integer mark strong support!
But because of this, when investors choose to be unexpectedly consistent, the market often chooses to move in a way that disappoints everyone.
Ye Zifeng predicts that the Nikkei index will not rebound in the intraday, and there may only be a weak reversal!
Therefore, Ye Zifeng did not wait, but chose to quickly intervene in shorting!
First of all, Ye Zifeng opened a large number of short positions in stock index futures, and then borrowed and shorted securities in the spot market!
But in the spot market, shorting securities lending disappointed Ye Zifeng! The underlying securities that can be used by various brokerages for securities lending and shorting are seriously undersupplied.
Ye Zifeng only raised less than 100,000 shares in Mitsubishi, and there was little difference in other types of bonds.
This situation shows that those who had the foresight began to vigorously short the Nikkei. They chose to go short in both the futures market and the spot market.
Sure enough, the Nikkei index only took a short break at the 30,000-point integer mark, and did not rebound, even if it was a decent reversal, the index quickly fell below the 30,000-point integer mark under the surging selling pressure!
This was followed by 29,000 and 28,000。。。。。
In less than half a moment, the Nikkei index fell below two integer marks in a row, falling by more than 5,000 points! Nearly 13% of the broader market index fell! All the technical support of the market is like paper paste, and it will be broken as soon as it falls.
Because the market fell too rapidly, Ye Zifeng did not continue to join the ranks of short-selling, because his main purpose in coming to the country was not to make money, but to deal with the Yoshihara family!
Of course, if there is money to earn, Ye Zifeng will not refuse!
Since he couldn't get more securities in the spot market, Ye Zifeng had to rely on his previous short orders in the futures market to make money.
At this time, the market has fallen by nearly 13%, a drop of nearly 5,000 points! The time was only half an hour, and Ye Zifeng began to choose to lock in profits in the futures market.
Ye Zifeng closed all the short positions opened in the futures market in the early stage, and in this short half an hour, Ye Zifeng has earned a full 30% profit!
After the short position, Ye Zifeng did not continue to operate in the futures market, but chose to withdraw from the wait-and-see!
In the spot market, Ye Zifeng has been staring at Mitsubishi Corporation, which is the main purpose of his trip to the country!
Ye Zifeng saw that Mitsubishi fell to 1,000 yen with the broader market, and seemed to have gained support, and at the 1,000 yen integer mark, the buying performance surged, and it seemed that he wanted to hold the 1,000 yen integer mark.
Ye Zifeng tried to throw out the 100,000 shares he had melted in his hand at one time, but it was like a mud cow entering the sea, and there was not a single bubble at all.
Unfortunately, the market fell violently, and the stock protection funds were difficult to resist the selling pressure, and Mitsubishi's stock price finally fell below the 1,000 yen integer mark. Investors saw that Mitsubishi's stock price fell below the integer mark of 1,000 yen, and the sell-off surged, and the stock protection funds saw that the situation was violated, so they chose to give up, and Mitsubishi's stock price quickly fell to 950 yen, 900 yen, and the lowest fell to 856 yen.
At this time, Ye Zifeng began to move, and he began to buy Mitsubishi shares below 900 yen.
With the intervention of Ye Zifeng, the stock price of Mitsubishi Corporation showed signs of stopping its decline, and there was a pattern of slowly climbing.
Seeing that Mitsubishi's stock price did not fall again, but showed signs of stopping the decline and rebounding, Mitsubishi's disk protection funds adopted a strategy of standing by and did not intervene in Mitsubishi's stock trading.
Because he could not borrow and lend securities normally, and Ye Zifeng did not have Mitsubishi shares in his hands, he had to choose to buy dips in the secondary market, so that he would have a certain amount of Mitsubishi chips in his hands, and when the market fell again, he could carry out crazy suppression.
Now it is not important to lose money, what is important is the final holding acquisition of Mitsubishi Corporation! Kick the Yoshiwara family out of Mitsubishi!
In Ginza, Tokyo, one of the most densely populated places in the world, the most expensive property in the world! In just three years, land prices in Ginza, Tokyo have increased at least fivefold!
Mitsubishi Corporation is headquartered here!
Yoshihara Yamamoto was in the president's office, drinking kung fu tea while watching the trend of the Nikkei index and the trend of Mitsubishi Corporation shares on the computer screen!
I have to say that Yoshihara Yamamoto's Qi cultivation kung fu is very good! Watching the Nikkei fall like a landslide, you can not be shocked or annoyed!
In front of him, the director of the securities affairs department of Mitsubishi Corporation, Yoshihara Ogawa, was much worse, and he saw that his face was pale, his breathing was short, and his eyes were stunned to look at Yoshihara Yamamoto!
"Ogawa-kun! What do you think of the broader index? Yoshihara Yamamoto took a sip of tea and asked Yoshihara Ogawa.
"The decline in the market is too sudden, the decline is also very huge, and the trading volume has also been sharply amplified! Popularity is starting to collapse! All short- and medium-term technical support has been broken! The market outlook is not optimistic! Yoshihara Ogawa said.
Yoshiwara Ogawa is a rising star in the Yoshiwara family, graduated from Tokyo Imperial University with a major in finance, and is one of the key training objects in the Yoshiwara family.
"So how much more do we still invest in the financial markets?" Yoshihara Yamamoto asked.
"In the financial market, we still have nearly 100 billion yen in assets! In investment funds, futures markets and stock markets! "Yoshihara Ogawa is very knowledgeable about the financial business he is responsible for.
"Can it be monetized?" Yoshiwara Yamamoto's brow jumped.
Hundreds of billions of yen in financial assets may have shrunk by nearly 10% in this round of decline.
"If you choose to monetize, I'm afraid it's a little difficult, because now all companies are choosing to monetize, which will inevitably lead to a situation of more killing, if, in this way, everyone must be a failure! No company can stay out of it! ”
Yoshihara Ogawa knew that he had missed the best time to liquidate his assets, and now he was most worried about the decline in the stock market, which would trigger a financial crisis that would sweep through all areas of the country.
According to Yoshihara Ogawa's research and analysis, nearly eighty percent of the companies in the country have made financial investments, and the amount of financial investment accounts for about 30% of the company's net assets, and some radical companies have reached 50% of the company's net assets.
If the financial markets of the Wa Kingdom collapse, an economic crisis that will engulf the Wa Kingdom is inevitable!
Hearing Yoshiwara Ogawa's analysis, Yoshihara Yamamoto's face became solemn.
"So what do we do now? Do you want to cooperate with other companies to protect the disk? "If a bailout operation is launched in the name of Mitsubishi Corporation, the Hidekawa family and the Yoshiwara family, it seems that there is still a feasible plan!
"This plan should be a drop in the bucket, because companies should have started to maintain their financial assets by now, and the cash of these companies simply cannot support the losses caused by the decline in their stock prices! And their assets are all inflated caused by the expansion of financial assets, and now that financial assets have shrunk sharply, their assets are simply not enough to support their company's stock price! ”
"Is the mountain down and everyone pushing?" Yoshihara Yamamoto picked up the teacup, didn't take a sip, and put it down again.
"Yes! The mountain has fallen, and no one can afford it! Yoshihara nodded.
"In that case, we can only protect ourselves!" Yoshihara Yamamoto picked up the teacup again, tilted his head, and took a sip of the tea in the cup.