Seeing William looking at him angrily, Philippis was frightened by William's sight.
After hesitating for a second, he immediately shouted: "Understood, Mr. Devonshire" turned around and shouted loudly to the traders: "Buy down, quick, sell futures, 3% margin rate, three-month futures, 350 million US dollars
Buy it all, immediately, immediately.”
Everyone who came back to their senses hurriedly said: "Understood," and the ten traders immediately started operating on the keyboard.
"It's 5047, someone has placed a buy or sell order, God, the trading volume is accelerating," the counter shouted.
William couldn't help but shout loudly: "Buy down, quickly." He knew that he was not the only one who was bearish in the market. If he didn't enter the market, he wouldn't be able to buy so many futures contracts.
William was excited. He knew his opportunity had come. Now 80% of the people in the market believed that the Nasdaq would continue to rise, but the Nasdaq never rose again after it reached 5048.
There are still many people in the market who are bullish. If you open a bearish futures at this time, many people will enter the market to bet against them. Only when someone in the market bets against you can the futures transaction be considered successful and you will make money.
, which means that someone has lost money, especially if they bought falling futures, their losses will be even more severe.
The best time to buy and sell futures is when the market is crazy. Otherwise, William would not be able to sell such a large amount of futures when investors, institutions, financial companies, and funds are cautious about the market.
When he used a margin rate of 3%, he meant that 350 million divided by 0.03 equals 11.66 billion U.S. dollars. He used 350 million U.S. dollars and a leverage of 33.3 times to sell 9,760 lots of 5,048 stock indexes in the market. One lot of the Nasdaq was $250. If it rose a little, he would
He lost US$2.44 million. If it fell a little, he made a profit of US$2.44 million.
William is not afraid that the Nasdaq will rise now, because including the 33 million US dollars he earned a few days ago, he now still has 82 million in funds that can be used as additional margin. As long as the Nasdaq does not rise by 40 points, he will not be forced
Close position.
At this time in 2000, those who were buying down prices had an advantage over those who were buying up prices. The market had no money to support the market. The possibility of the stock market rising sharply within a few days, or in a few hours, was no longer high, and as long as
A slight disturbance in the market can shake the confidence of most investors.
80% of the money comes from loans from investors. Even government agencies and funds are speculating. The market value of US stocks has exceeded the actual market value three or four times. This market has been artificially speculated, like a castle built in sand.
, it may fall over if there is any wind.
"Deal, I've closed 500 lots, France"
"Dealed, 800 lots, England"
“300 Hands of America”
"200 Hands of America"
From time to time, the sound of traders successfully selling futures could be heard in the trading hall of the National Bank. Institutions and financial companies in countries such as the United States, France, and England were constantly buying the stock index futures sold by William. They were all betting that the Nasdaq Index would rise.
"How many buyers are there in island countries? Focus on buyers from island countries."
"clear",
William suddenly woke up just now. He wants to live in Europe and the United States now. If he wants to live well in Europe and the United States, he can't eat too much in Europe and the United States. If these countries lose too much, they may directly trouble him. The island country is different. Anyway, he will be in the future
I will not invest or do business in island countries.
As long as William makes money and invests heavily in the United States and England, these two countries will not cling to him, and he will not directly face the pressure from the forces of these two countries. Maybe England will still suffer from the stock market crash.
, supporting William because of his large investment.”
"350 Island Country"
"900 Island Country",
"300", "720", "500", "600"
"There's an island country with 1,000 hands. God, these guys are so rich."
In less than 2 hours, William sold 4,370 lots of futures in the island country.
"Go ahead and sell it all to the island country,"
"clear"
After another hour, William then sold nearly 2,000 lots to the island country, but he could no longer sell them. No one was a fool. It seemed that someone had realized it. A large amount of falling orders suddenly appeared in the market today, which made
Some hot-headed institutions are beginning to be cautious.
"It can't be sold, Mr. Devonshire, the island country can't be sold, what should we do now?" the trader shouted.
William thought for a moment and there were still 1,590 lots left to sell, so he hurriedly said: "Let go of selling. No matter who wants it now, sell it to him."
Finally, before 2:30 pm in the United States, all 9,760 5,048-point stock index futures were sold. William looked at the transaction records on the computer and laughed, "Okay guys, today's work is done, no need to look at the stock market anymore."
Yes, let’s go celebrate”
Everyone was not as confident as William, a reborn person, and they all looked at William worriedly. Phillips hesitated, wanting to remind William that it was better to keep a close eye on him.
William saw Phillips' worry and comforted him: "Okay, guys, the contract has been established. Now everything depends on God. Phillips, I have always had good luck. I believe God will bless me."
Of course William was confident. Looking at the contract in his hand, William excitedly patted Phillips on the shoulder and laughed.
William knew that unless three days later, the chief executive of the United States, Benjamin Arthur, and the chief executive of England, Astor, would not jointly announce that biotechnology companies should disclose cloning technology as they did in their previous lives, in that case, William would not hesitate in three days.
Fighting the loss of 80 million U.S. dollars, he immediately closed the position and wanted to protect his 350 million U.S. dollars principal.
Now everything really depends on God, William prayed silently in his heart, it just depends on whether he will become rich or not in a few days.
Sure enough, God was still on his side. Three days later on Friday, before the U.S. stock market opened, Benjamin Arthur, the chief steward of the United States, and Astor, the chief steward of England, jointly announced the war between the two countries just like in their previous lives.
Regarding the monopoly of biotechnology companies on cloning technology, they require biotechnology companies in the market to open up cloning technology, cooperate and develop together, and at the same time explicitly prohibit human cloning.
This news immediately showed its power in the stock market, and biotechnology stocks on the market began to vibrate.
As soon as the market opened, U.S. biotechnology stocks began to fall. Although they did not fall much today, during the two days of Saturday the 11th and Sunday the 12th, there were a lot of bearish views on the technology industry in the market and the media, and many people who were buying stocks fell.
People began to use their own strength to fight for their own strength.
To be honest, biotechnology and technology Internet companies have nothing to do with each other. But why do all current biotech companies speculate on technology concepts? As long as biotech companies don’t add the word technology, they will be embarrassed to brag in the stock market.
In 1999 and 2000, as long as technology-related companies were speculated by investors, as soon as the U.S. and England governments jointly issued a ban, institutional funds and financial companies that were speculating in biotechnology company stocks immediately began to sell their hands.
of biotech stocks.
As soon as these large institutions made a move, investors immediately followed suit. By Monday, March 13th, biotech stocks began to plummet as soon as the stock market opened, along with technology stocks in the entire market. The Nasdaq finally looked like William in his previous life.