"I don't know if it's that idiot who bought thousands of short orders to bet on the S&P stock index futures in the early stage. Now they are weak and are selling out like crazy. It seems that someone has suffered heavy losses in other international markets and is now desperately trying to stop the losses.
." The male fund manager foresaw that the market would plummet on Monday, so he bought a considerable number of short orders.
On Tuesday, his fund made a huge profit of 20%, and he immediately left the market with a profit. He had carefully studied the stock market crash of the Great Depression in 1929, and knew that after the market fell sharply, it would not continue to fall immediately, but there would be a temporary rebound, and then there would be a temporary rebound.
It continues downward, so he is waiting for the second wave of decline.
The stock market was relatively calm on Thursday morning, and the trading volume at noon was very small. He went to the office of the fund run by Mr. Simmons next door and had a chat with Donna, a beautiful consultant rarely seen on Wall Street.
"The number of S&P short orders..." Donna quickly clicked on the calculator. 5,000 S&P stock index futures, at 230 points, is equivalent to... "One billion U.S. dollars? Stanley?" She turned to talk to the fund.
The manager confirmed that the number of short orders exceeded Donna's imagination.
"Hey hey hey hey, who is this idiot? If you run now, won't you cut your flesh and cut your arteries?" Stanley Druckenmiller laughed. Unlike himself, he found all the transaction records of the stock market during the Great Depression, and detailed them.
If you carefully study the financial markets of the Great Depression, you will be flying around like headless flies.
Sure enough, just as he expected, no one took any interest in the 5,000 stock index futures at the price of 230 points.
Moreover, the opponents all know the weakness of this big crocodile and will kill him until he loses all his underwear.
"It's 220." After a while, the delivery price dropped rapidly.
"There's still no one to take over?"
Donna clenched her fists. At this price, the short-selling fund, or multiple funds, would really lose a lot of money.
"It's 215", everyone looked at this rare spectacle. There were thousands of stock index futures contracts, but the transactions were zero.
"210".
It took almost a few minutes for a new price to be reached, and the opponents still didn't want to let them go, 205, 200. The numbers were constantly falling, and the losses of the owners of these futures contracts were constantly amplifying.
"It's 195." Finally, the contract fell below the 200 mark, and someone began to take over the transaction.
Stanley Druckenmiller is no longer here. He has to go back and try to get his share of the feast of predators.
Donna didn't know what to say anymore, she just stared blankly at the delivery data on the computer. "Human emotions still have a great impact on transactions, and we still rely on programs to be reliable."
Ronald looked on and knew who the man who lost his underwear was.
George Solow of Quantum Fund openly claimed in the Financial Times that Japan's stock market was inflated and would collapse soon. Who knew that under Japan's special intervention policy, the stock market fell far less than that of the New York Stock Exchange.
This chapter is not over yet, please click on the next page to continue reading the exciting content! The S&P index has penetrated Solow’s bottom line. In this dog-eat-dog game, many people rely on stepping on him to escape the explosion.
The fate of warehouse collapse.
Solo's short selling on the Nikkei stock index futures failed. However, he suffered unexpected losses on the New York Stock Exchange. He had to transfer his position here to Tokyo and concentrate his efforts on a big one.
Loss is compensated and a huge profit is made.
Is there any reason why the New York stock market crashed but Tokyo was not affected?
"Dang, dang, dang, dang..." At the sound of closing, a burst of cheers erupted from Stanley's fund company next door. His fund also achieved a lot of success today.
Ironically, after Solo sold all 5,000 contracts, the seller's pressure in the market suddenly disappeared, and the S&P stock index futures began to rise again, higher than his original bid of 230, and finally reported
Receive 244.
"Let me make a call." Ronald said hello to Donna, went to a partitioned desk, picked up the phone, and dialed Bannon, who was already in Tokyo.
"The tiger is out of the cage."
"I saw that in order to mobilize funds to short Tokyo, he suffered a lot of losses."
"Is Minister Tamura ready?"
"Don't worry, this is not America. All chaebols and banks will listen to the cabinet."
"Very good, I will wait for your news tonight and keep in touch." Ronald has more expectations for tonight's action. Anyway, he has the support of the Japanese cabinet headed by Nakasone behind him, and his fight is asymmetrical.
fighting.
The opponent has suffered huge losses and is just waiting to make money by shorting Tokyo. On his side, his strength is intact and he is ready to ambush him. Let the plutocrats and banks eat the meat, while he and Bannon
After gathering a small amount of funds, I followed Minister Tamura to drink some soup.
"Choose a codename for the morning operation, Ronald. I saw in the movie that the Japanese attack on Pearl Harbor also had the success codename of 'Tiger Tiger Tiger'."
"Well, let's have Crocodile Dundee. Solo is a famous short-selling expert, a crocodile that eats other people's flesh. We are like those crocodile hunters in Australia. As long as you shine a flashlight in their eyes, their brains can't
It's running, stay where you are and don't move. We can just shoot it in the head." Ronald thought for a while, isn't Solo known as the financial crocodile? Then come up with the code name Crocodile Hunter.
"Hahahaha, okay, let's call it Crocodile. If not, let's call it Crocodile Ronny." Bannon flattered Ronald a little, put down the phone and went to supervise the battle.
"Donna, what do you want to eat? I'll treat you to it." Stanley Druckenmiller slipped over again. He made a lot of money in the stock market today. It would be perfect to ask such a smart beauty out on a date to celebrate.
Already.
Ordinary beauties cannot understand their own earth-shattering wisdom in winning in the stock market.
"I have an appointment with someone else, Stanley."
Donna pointed toward Ronald.
"My name is Stanley Druckenmiller, and I am a fund trader." Stanley smiled. From today on, he has become such a number one person on Wall Street.
"Ronald, Ronald Lee, I'm a movie director."
"Let's go together." Stanley heard that he was a film director, but he didn't take it seriously. Compared with himself, he was a loser anyway. "We can also talk about investing in movies. Do you know, Wall Street has invested a lot in Hollywood in recent years?"
Yes. There was a guy named Bannon who went directly to become the boss of a film company. If your movie is good, I can also consider investing in it."
"Hehe", Ronald chuckled inwardly. A smart and beautiful woman like Donna is also pursued by many young talents on Wall Street.
Turning around and seeing the reluctance between Donna's brows, Ronald understood, "No, Donna and I have other investments to discuss. My lawyer will be here soon."
"Okay then." Stanley saw that he still had a troublesome boyfriend. They didn't know his wealth and status. It seemed that he couldn't date Donna today, but there was no shortage of beauties. As soon as he turned around, he
I went out to find the manager of the modeling agency.
"What a troublesome man." Donna stuck out her tongue at the young talent's back.
Ronald put on a "Don't you like it?" expression on his face.
"You don't know, these people have a very serious gambling mentality. Their emotions can go from heaven to hell, and they can ride several roller coasters a day. Their ideas are at odds with mine..."
"Okay," Ronald shrugged, as long as Donna liked it.
"Ronald?"
"Lindsay, I'm here..."
Ronald saw private attorney Lindsay Dole walking into the office with a bag and raised his hand to greet him.
Today, the freckles on Lindsay Dole's face seem to be more obvious. She is plump and round, wearing a high-end designer windbreaker, but only wears a pair of flat shoes on her feet.
Ronald stepped forward to take Lindsay's windbreaker and helped her hang it up. Then he looked at Donna and hugged her face to face and said hello. He put down his bag and began to take out the prepared documents from it.
"Hey, you?"
Ronald noticed that Lindsay Dole was obviously pregnant when she took off her trench coat. Is she pregnant?
"Yeah, I'm pregnant, you should congratulate me." Lindsay looked at Ronald who looked surprised and said. The two of them had been in contact by phone recently for business matters and hadn't seen each other for a long time.
"Congratulations," Ronald smiled in congratulations, then put away his smile and pretended to have a straight face.
"What's going on? I thought you would definitely invite me to your wedding. I am your first client, remember?"
"Hey hey hey, who said I was married?"
"Then...? Child? Father?" Ronald had only heard of this kind of professional woman and his own practice of being a single mother, and had never seen it before.
"You've seen it, Bobby. We talked carefully and decided to give birth to the child first..."
"A partner in your law firm?" Ronald was even more surprised. Bobby Donnell was very handsome and worthy of Lindsay. Their current abilities were evenly matched, and they were a suitable partner, but
Why don't you get married even if you have children?
This chapter is not over, please click on the next page to continue reading! "We have differences on partners and income. Bobby doesn't want me to be a partner and wants me to change my last name. I don't want to, and we are still at a stalemate."
"Oh..." Ronald thought to himself, so that's it. Lindsay Dole has very strong business capabilities and has many big clients. Her income may be much more than that of Donnell, the nominal boss of the law firm.
.
Nowadays, professional women are really powerful. They have differences over property and career development. They don't want to get married unless this difference is resolved.
But it doesn't hinder the two people's relationship and having children.
After signing the contract with Donna to jointly invest in the newly launched Medallion Fund, the fund he worked for, Ronald called and ordered a luxury car to take lawyer Lindsay Dole back.
"Bye, Ronald, bye, Donna." Lindsay was very satisfied today. Not only did she expand Ronald's new business scope, but she also gained a new customer in Donna, who is also a professional woman.
Speaking of which, Donna's first business was much bigger than the first business Ronald gave her.
"What are your plans for the evening? Do you want to have dinner with me?" Donna asked her cousin.
"I have other appointments, bye." Ronald declined.
"Huh...are you going to see that beautiful woman again?" Donna packed her bag, got in the car and drove away.
Ronald finally walked on his own to the nearby One World Trade Center, Bannon's new office.
"Steve"
"Ronald"
There is very advanced telephone conferencing equipment here, and Ronald, with the help of Bannon's secretary, connected his call in Tokyo.
They are also waiting for the market to open on Friday to see how Solo's Quantum Foundation will attack.
"Dang Dang Dang Dang"
Late at night, the Tokyo stock market opened.
"Pa", the Tokyo Nikkei Index on the computer showed a gap for the first time after the market opened.
"We did it, hahaha."
Bannon's crazy laughter came through the overseas phone call.
I didn’t expect that the Japanese government would play such a big role!
All banks, chaebols, and securities companies frantically bought the constituent stocks in the Nikkei Index after the market opened. Japan Telephone and Telegraph, the giant in the Tokyo stock market, even touched 10 not long after the market opened.
% daily limit line.
"Are we getting rich?" Ronald also didn't expect that the Nikkei Index alone could rise so much. Coupled with the leverage they had for long stock index futures, this one was...
"Rich, unprecedented wealth. The crocodile has been killed, tiger, tiger, tiger!" Bannon was already incoherent. After moving to Hollywood, he did not expect that he would be able to return to Wall Street so quickly and have a proud day.
When the Tokyo stock market closed, the sky in New York had already brightened up. Looking out from the World Trade Center, a sun slowly rose over the sea in the distance, illuminating the largest sea between Manhattan Island and Staten Island.
The ship, the Staten Island Ferry, seemed to be covered in a golden light.
The Japanese stock market, where Solow predicted a major collapse, experienced a one-day rise of 9.3%, the highest since 1949.
At the end of the first week of trading after Black Monday, Solow's Quantum Fund, the hedge fund for which he is famous, saw its net assets plummet by 26.2% in one week, which was far greater than the 17% decline in the U.S. stock market during the same period.
This was also the first time that Solow's fund exceeded the 20% stop-loss bottom line, triggering a large number of investor withdrawal requests.
Short-term speculators and short-selling experts like Solow, instead of making money in the stock market crash, became the biggest losers in this disaster.