Chapter 742: You are really bad

An idea flashed through Lin Feng's mind and he had an idea.

"Abby, for now, we can only choose to protect ourselves for the time being." Lin Feng said calmly.

Self-protection? Abby Cohen’s first reaction is to protect herself. After all, she and others have short-sold a large number of Sony, Capcom and other stocks during this period. Tomorrow is the delivery period, but according to Crosh’s “slingshot”

, if you don’t close your position today and close your position tomorrow, I’m afraid it will be bounced back to the original price, or even higher. What’s more, in terms of profit, it is very cost-effective to close your position at today’s current price (it has dropped to 46 US dollars).

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But if you choose to close your position now, the biggest trouble is that it will make this "slingshot" shoot higher. After all, Abby Cohen short-sold 3.3 million lots (1 lot equals 100 shares) on stocks such as Sony and Capcom. If this is a flat

When the warehouse is put up, the thrust generated will be extremely huge. There is also "Tokyo Electric Power", which also has 3 million lots, which is an even bigger amount.

"Lin, this will make this 'slingshot' shoot too high. If the index rises to 8,000 points, we will not make money. If it rises to 9,000 points, we will lose money." Abby Cohen reminded. She then

Therefore, we do not advocate self-protection because we are afraid that the futures index will eventually be driven up by the Japanese government. At that time, even if Lam Feng makes money on stocks, I am afraid that he will eventually be dragged down by the futures index. After all, Lam Feng also bought 278 futures

10,000 tickets, exceeding 7,650 points. For every one point increase, 2.78 million tickets, Lam Feng will have to pay 278 million yen, which is approximately 3.027 million US dollars.

"Abby, don't forget about Tokyo Electric Power Company. We still have a piece of evidence. Originally, we were used as a backup to give the Japanese stock market a final blow, but now we have only made an early appearance. When the stock market rebounded strongly, we used Tokyo Electric Power Company to

To ease the rise of the entire market." Lin Feng said.

Abby Cohen thought for a moment and nodded. That was all she could do for now. She had thought about all this, but she just couldn't make a decision for the moment. Originally, she could easily defeat the Japanese stock market this time, but unexpectedly, the appearance of Crosh changed everything.

There are variables. This "slingshot" tactic is used very well, but this is also because Japan is the second largest economy in the world. If it were any other country, it would have collapsed long ago.

Later, when the market fell to 6780 points, the decline had slowed down and there was a gradual rebound trend. If according to the points and stock price technology at this time, Lam Fung had 2.3 million hands of Sony, 1 million hands of Capcom and other stocks, and 3 million hands of Tokyo Electric Power,

There are also 2.78 million futures contracts, which makes Lin Feng earn a full US$13 billion. At this moment, Lin Feng's wealth has surpassed that of Bill Gates. However, after all, this is instant wealth, and no one will know it.

"Close the position!" Abby Cohen calmly ordered.

Li Zekai and others were already well prepared. After hearing Abby Cohen's order, they immediately began to slowly and slowly close their positions in various short-selling stocks.

6730,6720,6715...

The Nikkei Index is falling more and more, and most speculators have noticed that something is wrong.

"Fell into a trap!" Soros looked cold. He didn't expect that the Japanese government would dare to do this and actually help them suppress the stock market and use the "slingshot" tactic. But this trick is really great. But what really worries Soros now

What's more, I'm afraid that someone will also see this "slingshot" tactic and take advantage of the situation to close the position and recover the funds. If that happens, the real disaster is imminent.

At 6710 points, the market was stagnant.

At this time, Abby Cohen had just purchased 1 million shares of Sony for $42 and 300,000 shares of Capcom and other stocks for $28. As for Tokyo Electric Power, it did not dare to move at all. If it did, the impact would be inestimable, and

This will directly result in the effectiveness of the evidence in Lin Feng's hands being greatly reduced.

Li Zekai and others have closed half of their positions due to their small holdings. Not only have their costs been recovered, they have also made a small profit.

But at this time, the "slingshot" had been stretched to its limit and finally rebounded strongly.

6750! The market surged by 40 points. In the entire stock exchange center, all Japanese investors let out a burst of cheers. The market finally stopped falling and was finally going to rise.

6790 points! The market rose another 40 points.

The cry got louder! And an even crazier stock-buying frenzy began. With such a low stock price, everyone coveted it. This stock price was extremely cheap.

While all financial speculators were stunned, the market index continued to rise, and finally rose to 7650 points before the market closed in the morning. All the speculators were busy in vain! But apart from handling fees, interest, etc., these financial speculators still suffered a slight loss.

And more importantly, this crazy upward trend is not over yet.

"Long live the Yamato nation!" Deafening cheers erupted from Japan's major securities centers, and various Japanese TV stations also made live reports. Looking at the excited eyes of many Japanese investors on the TV screen, many came to share the pie.

International financial speculators look disgusted. If this trend continues, I am afraid they will lose money in the end and Japanese investors will make money.

"Damn, what is he doing?" Soros said angrily looking at today's trading volume. Lin Feng, as the mastermind behind the attack on the Japanese stock market, invested the largest amount of money, but now he has begun to close his positions, which makes Soros a little bit

I don't understand. Withdrawing capital at this time will undoubtedly increase the power of the "slingshot". Doesn't he want to give up his millions of futures? He will lose more!

For the first time, Soros felt a little helpless. He had always been the banker, and others were the players. Unexpectedly, this time he became the banker, and others were called the banker. He felt really a little aggrieved. Looking at the market trend at the moment, he could only

I hope Lin Feng still has some backup plans.

"Lin, now we have recycled 1.7 million lots of Sony, and there are still 600,000 lots left. The average price of these 1.7 million lots is US$52, and we have made a gross profit of US$20.25 per share. But the remaining 600,000 lots are probably very difficult to reach.

After acquiring them all, there is now a buying frenzy, and we can’t receive the goods at all. As for capcom and other stocks, we recovered 650,000, with an average price of 31 US dollars, and our gross profit per share was 13 US dollars, the same as Sony stocks. The remaining 350,000 were collected

, I’m afraid it will be difficult to take it back, and we can only wait for the forced liquidation!” Abby Cohen reported helplessly.

This is the difference between short-selling stocks and short-selling futures. Short-selling futures will make money as long as the index is lower than when you bought it during the delivery period, while short-selling stocks must collect the stocks during the delivery period, otherwise they will wait to be higher than the market.

The position was forced to close at the current price. Fortunately, Abby Cohen and others had the foresight this time to recover slowly in advance, otherwise the losses this time would have been huge.

Of course, the real loss is still in Tokyo Electric Power Co., Lam Feng still owns 3 million lots. For the sake of the entire market, Abby Cohen did not withdraw. If the stock continues to rise, Lam Feng will probably suffer a painful loss.

"Okay, Abby, let's spread the news!" Lin Feng said. Now we can only rely on "Tepco" to disrupt the market's rise.

At 11:30 Tokyo time, an audio tape was circulated. It was a recording from a senior executive of Tokyo Electric Power Company. He was very sure that all major power companies in Japan had nuclear leakage and other safety accidents, and all of them used bribes.

The prosecutor's method was to evade inspection and deceive public opinion.

The release of this tape caused an uproar in Japan. Especially in the morning, "TEPCO" was still claiming in a high-profile manner that the nuclear leak was a conspiracy, but now this tape has clearly and unmistakably proved that "TEPCO" was lying, and it was even more serious.

Yes, this tape accuses Japan's top ten power companies of having scandals in this regard. This is what is really fatal.

For the Japanese, life is very precious, and this kind of nuclear leakage is absolutely unforgivable. For a while, the heroes were furious and asked Japan's top ten power companies to give an explanation.

Faced with this unexpected moment, Crouch glanced at Noda Yoshihiko with disdain. Someone had obtained this kind of evidence, and he didn't even know what he was doing for it.

"Mr. Croche, don't worry, I will take care of this matter." Yoshihiko Noda immediately contacted the major power companies and held a press conference as soon as possible to clarify the matter. They all refuted the authenticity of the tape.

, and warned the Japanese people to be calm and trust the Japanese government. He also strongly called on Japanese investors to believe in the Japanese government's rescue efforts for the stock market, and asked everyone not to panic.

This statement and appeal also temporarily stabilized people's hearts.

After the market opened in the afternoon, the stock index continued to rise after a slight decline. After a period of resistance, international financial speculators had no choice but to give up temporarily. At this time, there is no point in continuing to resist. They can only wait until the market closes to find a way. "Slingshot" again

Power also has its limits. In particular, the "slingshot" takes advantage of people's hearts. When the night passes and all kinds of adverse news appear on the market again, these investors will hesitate again and will not chase the rise as frantically as now.

The human heart is wonderful and unpredictable!

However, I don’t know whether Lin Feng and others are really lucky, or Japan is really too weak. At 1:30 in the afternoon, heavy snow fell in Tokyo, and the temperature dropped directly to 0 degrees. What’s worse,

During the peak power consumption period in Tokyo, a large-scale power outage suddenly occurred.

It's over! - Noda Yoshihiko screamed in his heart. With this power outage, the statements of "Tepco" and other companies were self-defeating.

Sure enough, after witnessing the power outage, many Japanese stock investors suddenly understood that the nuclear leakage of "Tokyo Electric Power" must exist, and now people are wondering whether this phenomenon exists in the entire Japanese electric power company!

Amid doubts from all walks of the market, the market index fell in response. However, as the entire market has risen, although the power companies triggered a period of decline, they eventually offset each other under the residual power of the "slingshot". At 2 o'clock in the afternoon Tokyo time, the market

It closed at 7600 points, 180 points higher than yesterday.

Phew~~~ Many international financial speculators can breathe a sigh of relief, otherwise they would really not be able to stand it if the price continues to rise like this.
Chapter completed!