Rebirth of the Financial Crisis Sweeping the World

After 15 minutes, the Dow Jones Index finally rose to 8,450. Wang Guanxi shouted: "Start shorting and smash the Dow Jones Index down."

"Yes, BOSS" Everyone immediately started to sell short.

500 lots!

1000 lots!

2000 lots!

··

As soon as the Dow Jones index touched 8450, it was smashed down. Not only Wang Guanxi's No. 1 Fund was shorting, but many investors were also shorting here.

The Dow Jones Index turned around and plummeted.

8441

8430

8419

8400!

It fell 50 points and then found support here.

Wang Guanxi asked: "How many hands have you shorted?"

The Dow Jones Index fell very fast. Not only Fund No. 1 was shorting again, but other financial institutions were also shorting. Therefore, Wang Guanxi's short order would not be traded at a high level, and the transaction position was also low.

Wu Zhanhai said: "BOSS, you have already shorted 50,000 lots."

Wang Guanxi nodded: "Well, that's good."

Wu Hongsheng said: "BOSS, the bulls at 8400 are still quite stubborn and are supporting the Dow Jones Index. Should we take the opportunity to continue shorting here?"

At present, the decline of the Dow Jones Index has temporarily stopped. After all, there are only a few investors who just made a profit at the 8450 position.

Unable to break through the key resistance area of ​​8450, the bulls began to regroup at 8400, brewing a new round of attacks.

And this is a good opportunity for them to short, because there are many buying orders here, so they can hedge against them. The short order is easy to trade, and the Dow Jones Index will not fall too much, which will reduce the position of opening a position.

Wang Guanxi thought for a while and said: "There is no rush yet. The bulls here are very tenacious. That's just right. We will wait for the main force of the bulls to raise the Dow Jones Index to 8450 again, and then we will smash the market."

"Now just wait patiently!"

"Yes, BOSS" Everyone continued to wait.

However, the Dow Jones Index failed to rise and has been fluctuating near the 8,400 position.

Half an hour passed in the blink of an eye.

Lu Jianyan asked: "BOSS, will the Dow Jones Index not be able to rise?"

Guan Zhenyi also said: "The bulls have stopped attacking and are still on the defensive. The shorts in the market are not strong either. They are now evenly matched!"

At present, the Dow Jones Index is still firmly above the 8400 position, and has been running in the 12-point range from 8400 to 8412.

Wang Guanxi: “If it doesn’t come up in 20 minutes, then prepare to go short.”

Lin Jiyang asked: "BOSS, how many thousands of hands are we going to short this time?"

Wang Guanxi thought for a while and said, "200,000 lots is enough."

Currently, Fund No. 1 has 2.34 billion U.S. dollars in its trading account. It is short 200,000 lots and requires a margin of 2 billion U.S. dollars, which is acceptable.

After shorting 200,000 lots, there is still US$340 million in available funds in the account. This is actually a bit dangerous, because the Dow Jones index fluctuates hundreds of points every day, and it is easy to liquidate the position.

Thinking of this, Wang Guanxi emphasized: "You must be careful when selling short positions this time.

The position to open a position must be at least above the 8400 position! "

"Yes, BOSS!"

At this moment, in the trading room of Barclays Bank, a young man wearing a white shirt and black tie was reading the HS novel.

At this time, a trader reminded: "Asif, the Dow Jones Index has dropped to 8,400. Have you closed your position?"

Yasef was stunned, quickly closed the H novel page, and then switched to the trend chart of the Dow Jones Index.

The Dow Jones Index actually fell to 8,400. He had thought that the Dow Jones Index could keep rising.

At this time, the trader next to him asked again: "Are you going to close your position?"

The two bought a large amount of Dow Jones futures contracts today before the vote on the $800 billion stimulus package, and now have a lot of money on their books.

Joseph thought for a while and said: "Close the position."

"Okay, then I'll close my position too!" So the two of them closed their long orders on the Dow Jones Index.

Closing a long position is equivalent to selling short in the market.

The Dow Jones index fell below the 8,400 level after the two men closed their positions!

The bulls here have retreated one after another, and many bulls who made short-term profits have closed their positions one after another when they saw the Dow Jones index fell below 8400!

The Dow Jones index has been falling.

8392

8381

8373

8364

8350

··

It quickly fell to the 8300 position!

At Huntington Bank, Wang Guanxi said a little speechlessly: "I didn't expect that the Dow Jones Index actually fell by 150 points!"

At present, Fund No. 1 has only shorted 50,000 lots, while the Dow Jones Index has been falling, and now it has fallen to 8,300, which does not meet the short-selling conditions.

Wang Guanxi hoped that the Dow Jones Index could reach the 8450 position again, but he did not expect that the bulls retreated all the way to the 8300 position.

Wu Zhanhai asked: "BOSS, do we want to go short now?"

Now there is a high probability that the Dow Jones Index will not reach the 8400 position again, and it is also possible to go short now.

Wu Hongsheng also said: "The bulls are now completely in decline. We may be able to defeat the bulls at 8300 in one fell swoop!"

Today, because the US$800 billion economic stimulus package was passed, the bulls had a party, and now they are in the doldrums.

Li Guangyu also said: "BOSS, I feel that the Dow Jones Index will not rise again. Why don't we go short here?"

Wang Guanxi thought about it carefully and felt that the position was too low. In his heart, he still hoped that the Dow Jones Index could return to above 8,400 again before going short.

"Wait a little longer, don't rush!"

Time has passed again for 20 minutes!

The bulls at the 8300 position were very stubborn and held on to the 8300 position, while the shorts gradually became weaker.

After another 15 minutes, the Dow Jones started to rise.

8304

8310

8316

8320, but was suppressed again.

Lu Jianyan said excitedly: "BOSS, the Dow Jones Index has indeed risen."

Guan Zhenyi said with some regret: "It's a pity that the Dow Jones Index has only risen by 20 points. I don't know if it can return to above 8,400."

Lin Jiyang said: "It definitely can. The bulls are still very strong. After all, the US$800 billion economic stimulus package has been voted on, giving the bulls in the market enough confidence."

Wang Guanxi nodded: "That's right. The bulls in the market are still very confident now. Let's wait until the Dow Jones Index rises above 8,400!"

This time, 200,000 short positions were required and a margin of US$2 billion was required. However, there was only US$2.34 billion in the account, so it was easy to liquidate the position.

“We must always be cautious when building positions!”

"You must wait for the 8400 position to go short before selling!"

Only go short when the position is above 8400. This is the position specified by Wang Guanxi and must be strictly implemented.

"Yes, BOSS!"

But 20 minutes later, the Dow Jones index fell back to 8,300, which made everyone regretful.

Wang Guanxi shouted: "Keep waiting, if there is no chance today, then tomorrow!"

As for the Feld Group, Feld's eyes were fixed on the trend chart of the Dow Jones Index, with a proud look on his lips.

Although the Dow Jones Index fell from today's highest position of 8,450, he believes that in the future, under the positive effects of the US$800 billion economic stimulus package, the Dow Jones Index will definitely break through this key resistance area and then start a new round of surge.

He was looking forward to this very much.

"This black-shirted investment bank must have closed its position early. Haha, this cannon fodder has made money, and he still knows how to run away in time?"

"But it's just short-sighted. I made a little money and left without any intention of making big money."

"The black-shirted investment bank is indeed a small business, just looking for petty profits."

At this time, the assistant asked: "Mr. Feld, do we want to buy now?"

Feld said, "No need for now!"

··

At this time a message came.

Wall Street Journal: The U.S. government will establish a bad bank to purchase the problem assets of financial institutions!

This news excited investors.

The Dow Jones, Nasdaq, and S\u0026P 500 all rose.

"BOSS, the U.S. stock market has soared."

"Hey, our opportunity to short at a high position has come again."

“I don’t know if the Dow Jones Index will rise above 8450!”

"It should be possible"

"Although it is convenient for us to short the Dow Jones Index, the stock prices of Wells Fargo, Citibank, and Bank of America have risen a lot, causing us to lose a lot of money on our books."

"Yes, these financial and banking stocks have risen particularly sharply."

At this time, Wang Guanxi said: "It's okay. The rise in financial and banking stocks is also temporary, just like the Dow Jones Index. Just stabilize it."

"Now the Dow Jones Index and bank stocks are rising sharply. Everyone is ready to start shorting when the Dow Jones Index rises to 8,450."

"Yes, BOSS" Everyone was looking forward to it.

In just 20 minutes, Wells Fargo was up 31%, Citigroup was up 19%, and Bank of America Corp. was up 13%.

Wang Guanxi’s No. 2 Fund, No. 3 Fund, and No. 4 Fund were short-selling Citibank, Wells Fargo, and Bank of America Corporation respectively, resulting in considerable profit losses.

Fortunately, the Dow Jones Index also rose by 150 points, from 8300 to 8450 again.

The 8450 position is on the daily chart, and the 40 moving average constitutes a key resistance position. Wang Guanxi shouted: "Go short and smash it down!"

"Yes, BOSS" Everyone immediately started to sell short.

4000 lots!

1000 lots

2500 lots!

3500 lots!

··

The Dow Jones Index began to turn around and fall under the short selling of Fund No. 1.

8446

8441

8432

8431

8420

8409

At the 8400 position, Fund No. 1 shorted 100,000 lots, forcing the Dow Jones Index to drop by 50 points!

The bulls in the market turned around and plummeted because the Dow Jones index hit the key resistance area of ​​8450, and they became fearful and lacked confidence.

Many retail investors were dumbfounded.

"The Dow Jones Index will definitely not be able to break through the 8450 position."

“There are big funds short selling at 8450”

"I think the Dow Jones Index will definitely not be able to break through the 8450 position. What should I do now?"

"Forget it, we closed the position, and we made a lot of money anyway."

"Yes, the position is closed, the position is closed."

Suddenly, the Dow Jones Index fell below the 8,400 level and fell to 8,380.

As for the Feld Group, Feld said: "Buy it and pull the Dow Jones index up for me."

"Yes, Mr. Feld" the assistant hurriedly went to do it.

Then the Dow Jones rose again.

It quickly reached the 8430 position.

Felder yelled, "Stop!"

This time, they held a total of 200,000 shares of the Dow Jones Index, with an average opening position of 8230, and a floating profit of 200 points on the book, for a total floating profit of US$400 million.

Then the Dow Jones held its ground.

Feld murmured to himself: "It's no big deal to make a billion dollars this time. Let's slowly regain our health."

Bernard Madoff defrauded him of $7.5 billion, and he will slowly make it back.

"This time the black shirt investment banks closed their positions early, they are just short-sighted fools."

That's when the information came.

[Blackshirt Investment Bank is bearish on the U.S. stock market]

The vice president of Blackshirt Investment Bank claimed: The economic fundamentals of the United States are poor and the stock market will continue to fall. The benefits brought by this US$800 billion economic stimulus package are only temporary and will disappear soon. The stock market may fall the next day. plummet

Feld chuckled and shook his head.

The assistant said: "Mr. Feld, this black-shirted investment bank must be shorting the Dow Jones Index."

Feld smiled and said: "If they have the guts, they can try to continue shorting and see if the bulls in the market will blow their ass?"

Then he sneered and said: "I hope Blackshirt Investment Bank will do short selling, and then the Dow Jones Index will continue to rise for a week due to the positive effects brought about by the US$800 billion economic stimulus package!"

"This ignorant, short-sighted, stupid black-shirted investment bank, I'll make them look good this time!"

Thinking of this, he continued: "Publish news that is good for the stock market, specifically to slap the investment report of the black-shirted investment bank in the face."

"Yes, Mr. Feld"

Soon the Feld Group claimed that the U.S. stock market would continue to rise under the new president's economic stimulus plan... and finally claimed that some rumor makers deliberately created panic in the stock market, saying that the stock market would plummet the next day. To achieve an ulterior purpose.

At this moment, at Huntington Bank, Wang Guanxi looked at the statement issued by Feld Group and smiled.

Wu Zhanhai: "BOSS, this Feld Group must still hold a large number of long orders in Dow Jones."

Wu Hongsheng: "This guy said we were making rumors, damn it"

Li Guangyu: "Boss, should we smash the market here at 8430 to show off the Feld Group?"

Wang Guanxi said: "No need for now, wait until the Dow Jones index rises to 8450, then hit it again."

At this time, the Dow Jones index rose another 10 points, reaching the 8440 position!

But it didn't go up anymore. Half an hour passed in a flash. Wang Guanxi thought for a while and stopped waiting, so he ordered: 'Let's smash the market! ’

"Yes, BOSS" Then everyone smashed 50,000 hands!

The Dow Jones then fell 30 points to 8,410.

Wang Guanxi’s Fund No. 1 shorted a total of 200,000 shares of the Dow Jones Index, with an average position position of 8425, a one-point fluctuation of US$2 million, and a temporary floating profit of US$30 million.

The net value of the account is as high as US$2.37 billion.

Wang Guanxi looked at the time and said, "You guys keep an eye on the board!"

With that he left the trading room.

He has been very excited since he got up this morning. He needs to take a rest, get a good sleep, and get up for dinner at night.

Soon the Dow Jones index fell another 10 points, falling to the 8400 position, and then was supported here, and the long and short sides were evenly matched.

··

At this moment, at Barclays Bank, Joseph looked at the Dow Jones Index stabilizing at 8,400, thought for a while, and murmured: "Short tens of thousands of lots."

So he went short!

The Dow Jones index reached 8375.

Close.

At 7 o'clock in the evening, American time, Wang Guanxi, Luo Baowen, Wu Zhanhai, Lu Jianyan and others were having dinner in the restaurant of the Hilton Hotel.

Wu Zhanhai was eating a piece of beef and said excitedly: "BOSS, the Dow Jones Index fell below 8400 and closed at 8375!"

Wu Hongsheng drank champagne: "In fact, the market is already very weak. The Dow Jones Index will definitely plummet tomorrow, and Feld Group will be slapped in the face."

Li Guangyu ate a pear: "Hey, this Feld Group is going to have some fun!"

Wang Guanxi nodded: "We shorted 200,000 lots this time. A fluctuation of one point is equivalent to 2 million US dollars. If it rises by a few hundred points, we will be liquidated."

"Be careful tomorrow too"

At this time, a piece of information came out, which was about economic data.

Lu Jianyan said excitedly: "BOSS, there are several important economic data to be released tomorrow!"

Wang Guanxi asked: "What economic data?"

Guan Zhenyi said: "Continued jobless claims, new home sales in December"

Lin Jiyang: "BOSS, after these two economic data are released tomorrow, they will definitely be very bad, and the stock market will definitely plummet by then!"

Wang Guanxi smiled and said: "That's not necessarily true, but I hope it's very bad."

Time flies by.

The next day, January 29th.

Financial markets open.

The U.S. Department of Labor reported that in the week ending January 17, the number of people continuing to apply for unemployment benefits in the United States increased by 159,000, bringing the seasonally adjusted total to 4.78 million, a new high since the government began counting this number in 1967.

Many companies announced layoffs. Starbucks laid off 7,000 people, Kodak laid off 3,500 to 4,500 people, and Allstate laid off 1,000 people.

The U.S. stock market began to plummet.

The Dow Jones Index fell all the way from 8375 to 8300!

Wang Guanxi said excitedly: "It's so cool!"

The horse boys were also very excited: "BOSS, we have just announced an economic data, and there are still economic data that have not been released yet."

"Hey, it will be bad then"

"Yes, the stock market will definitely continue to plummet tonight."

"Haha, let's wait and see the show."

"Let the Feld Group cry in the toilet tonight!"

"The stock market has slapped the Feld Group in the face!"

Currently, Fund No. 1 has made a floating profit of 125 points, with a total floating profit of US$250 million.

The net value of the account is as high as 2.59 billion US dollars.

Wang Guanxi said excitedly: "Keep an eye on the market!"

"Yes, BOSS!"

After a short period of support, it fell below the 8300 level!

It fell all the way to the 8285 position!

But not long after, it rose to the 8300 position.

Wu Zhanhai: "BOSS, we will announce the US new home sales rate in December next."

Wu Hongsheng: "It will definitely be very, very bad."

Li Guangyu echoed; "Yes, the situation is so bad now, I don't believe it can get any better!"

Wang Guanxi said with a smile: "Just wait for the Dow Jones Index to continue to plummet!"

Time flies by.

The U.S. new home sales rate for December was released.

New home sales in December were 331,000 units, a record low, down 14.7% from the previous month, and the decline was also higher than expected.

The supply of new homes, calculated based on the current sales pace, is almost 13 months old, a record!

Due to the severe employment situation and the decrease in the number of home buyers, demand for new homes remains sluggish.

At the same time, durable goods orders for December were also announced, which fell by 2.6%, falling for the fifth consecutive month.

Excluding transportation, orders fell by 3.6% that month, both of which exceeded expectations.

U.S. stock markets plummeted!

The Dow Jones Index plummeted all the way, from 8300 to 8175, a full 125 points drop!

Fund No. 1 has a floating profit of 250 points on its account, with a total floating profit of US$500 million, and the net account value is as high as US$2.84 billion.

As for the Feld Group, Feld was sweating on his forehead and shouted: "Close the position, close the position for me, don't hold it anymore, clear the last long order."

"Yes, Mr. Feld" the assistant quickly arranged.

Soon they closed the 200,000 short orders in their account and lost $200 million.

At this time, news from Blackshirt Investment Bank came out.

Blackshirt Investment Bank stated: The decline in housing sales shows that the decline in the real estate industry is still at the center of the global credit crisis and the economic downturn will continue until the end of 2009.

"Oh, this damn black-shirted investment bank has a crow's mouth!"

Feld was very angry!

He originally had a lot of money in his account, but he didn't expect to end up with a loss of US$200 million!

In the trading room of Huntington Bank, Wang Guanxi was very happy and said: "The fourth quarter GDP data of the United States will be released tomorrow. Everyone, prepare to win."

The horses all said excitedly: "I won by lying down."

"Haha, Feld Group has liquidated its positions this time, and the news said it lost US$200 million."

"Haha, just overestimating one's abilities."

"It's a shame this old fox"

"I didn't expect this old fox to stop his losses so quickly."

"Yes, otherwise he will definitely lose more when the fourth quarter GDP of the United States is announced tomorrow."

··

The next day, Friday, January 29th,

Financial markets open.

The Dow Jones Index first rose by 50 points, from 8175 to 8225.

U.S. GDP fell 3.8% in the fourth quarter, hitting a 27-year low

The U.S. government reported on Friday that the U.S. economic growth rate fell to a 27-year high in the fourth quarter as consumers and businesses cut spending, pushing the U.S. economy into a more severe recession.

The U.S. stock market suddenly fell sharply.

The Dow Jones Index fell below 8200 in an instant and plummeted all the way!

8190

8170

8150

8140

··

The 8100 position is temporarily supported.

Fund No. 1 had a floating profit of 325 points, a floating profit of US$650 million, and a net account value of US$2.99 ​​billion.

It will soon exceed US$3 billion, and Wang Guanxi is particularly excited.

Wall Street Journal: Economic outlook worsens, U.S. stocks fall sharply

Long retail investors were frightened one after another!

Sell!

Sell!

Clearance stock!

Short-selling retail investors have gone short and smashed the market!

The entire U.S. stock market is in mourning!

The Dow Jones Index plummeted!

8090

8081

8072

8069

···

It fell all the way to the 8,000 position!

Didn't stop!

Keep falling!

7989

7980

7968

7984

7950

At 7940, Wang Guanxi shouted: "Close the position! Leave nothing behind!"

"Yes, BOSS" Everyone began to close their positions one after another!

Closing short positions is equivalent to buying. Fund No. 1 closed 200,000 short positions, causing the Dow Jones Index to rise by 120 points, reaching the 8060 position!

Wang Guanxi asked: "How much money did you make?"

Wu Zhanhai said excitedly: "We gained US$950 million."

This time, the average closing position of Fund No. 1 was 7950, gaining 475 points and making a profit of US$950 million.

The principal is US$2.34 billion, plus a profit of US$950 million, the net value of the account is as high as US$3.29 billion.

Wang Guanxi was very happy and said: "Very good, everyone has a good rest this weekend. We may continue to fight next week!"

"Yes, BOSS"