Happy Tycoon
Chapter 497 Fall! fall! fall!
Sure enough, as Yang Jing judged, the Dow directly broke the horizontal arrangement pattern of two negative crosses on Tuesday, October 6, and fell 64 points that day to close at 2572 points. A large Yin line was pulled out of the line.
The fall on Tuesday completely convinced Henry and David. They were actually wondering whether it was inappropriate to short at this time yesterday, but the next day the market proved the boss's judgment with a slap in the face.
If it weren't for the boss's strict order to close the position yesterday, just today's drop would have cost Dragon Fund hundreds of millions of dollars.
Then, in the next ten days or so, the trend of the entire U.S. stock market was just as Yang Jing said. It reversed the upward trend of the previous seven or eight months and began to head down.
Especially on October 14th, this downward trend was even more obvious. Whether it was the Dow or the S\u0026P 500, they both pulled out several big negative lines in a row.
However, at this time, there are still many people who are optimistic about US stocks. After all, the rumor on Wednesday is just a rumor and cannot be confirmed. Moreover, after the market has pulled out three big negative lines in a row, the market has been able to digest these bad news well. , so many people don't realize that after the weekend is over, Monday, October 19 will bring them a disaster they will never forget.
Among them, the US government also played a role in fueling the stock market crash.
U.S. Eastern Time, October 18, early Sunday morning, U.S. Treasury Secretary Baker announced on a U.S. TV program: If the Federal Republic of Germany does not lower interest rates, the U.S. will consider letting the dollar continue to fall.
When Baker made these remarks, Yang Jing, Henry, David, and Cesar were enjoying breakfast in a restaurant downstairs. As soon as he saw the heavy news, Henry immediately scolded : Has the brain of this cousin been smashed by Satan? How could he say such things at this time?
As for Henry and Cesar, there were smiles on their faces.
The reason why Henry scolded the Mr. Finance Minister who was speaking on TV was not because of anything else, but because he was an American.
As an investment expert, Henry Williams is very aware of how damaging Baker's words are to the US economy and even the global economy at this delicate moment. Ordinarily, as the Secretary of the Treasury of the United States, James Baker should not easily say such mindless words, but he just said it, and he said it at such a delicate moment.
Once these words are spoken, it is undoubtedly a more wonderful thing than pie in the sky for speculators like Yang Jing who have built a large number of short positions in advance, but for the majority of American stockholders, it is undoubtedly a disaster.
As an American, Henry certainly didn't want to see his compatriots suffer huge losses from such irresponsible remarks, so he scolded those words.
But after he finished scolding, he shrugged his shoulders and asked: BOSS, please forgive me for scolding this guy just now, I'm fine now. What should we do next?
Yang Jing grabbed the napkin and wiped the corners of his mouth and said, Go back, today our focus is not on the US stock market, but on Sydney's common stock index, Tokyo's Nikkei Index, Singapore's Straits Times Index, and Hong Kong Island's Hang Seng Index.
As soon as Yang Jing said this, several people seemed to think of something, and smiles appeared on their faces.
In the 1980s, the United States was still the well-deserved largest country in the world, and its economy was also the indicator of the global economy. The phrase The Dow affects global stock indexes is not casual.
As early as more than a week ago, the Dow began to fall, and the world's major stock markets also fell in response to the impact of the Dow. In this stock market crash, Yang Jing focused on the source of profits not from the United States, but from all over the world. Therefore, when the Dow started to fall, Yang Jing had already instructed Cesar to establish huge short positions in major stock markets around the world.
Baker made this remark at about 8:00 a.m. on October 18th, US Eastern Time. At this time, the three major stock markets across the Pacific Ocean, Tokyo, Singapore and Hong Kong Island, were on the night of October 18th. In twelve hours, the three major stock markets will open.
The Sydney stock market in Australia opened earlier than the three major stock markets.
As a developed capitalist country, Australia is also a place where huge profits can be made, how could Yang Jing let it go?
Now Huaxia has just reopened, and the stock market has not even had a shadow, so it is impossible for Huaxia to participate in this game. And Hong Kong Island still belongs to the British, so Yang Jing now has no psychological burden to obtain huge profits from the Hong Kong Island stock market.
As for Singapore and Tokyo, let alone, Yang Jing would feel sorry for himself if he didn't get enough profits from these two stock markets!
At dinner time, the Sydney stock market opened first. As expected, the Sydney stock market began to plummet as soon as the market opened. Dragon Fund has invested as much as one billion U.S. dollars in the Sydney stock market, using capital leverage to control a large enough amount of funds to smash the market. How can the small Sydney stock market support such a huge short force?
In just four hours, the Sydney stock market plummeted 14.7%.
Immediately afterwards, the Tokyo stock market opened. As the second largest financial body in the world in this era, Japan’s economic aggregate has reached about 60% of that of the United States. , but also pretty good too.
Moreover, as one of the four major stock markets in the world, the Tokyo stock market can also accommodate enough funds for Yang Jing to invest.
Yang Jing invested as much as five billion U.S. dollars in the Tokyo stock market!
Anyway, it is a small Japan, and their money is not earned for nothing.
Originally, in history, the decline in the Tokyo stock market during this stock market crash was not so miserable, at least it was much lighter than that of the Hong Kong Island and New York stock markets, but this time is different. With Yang Jing's participation, there is still With the huge amount of smashing funds of up to five billion US dollars, the Tokyo stock market plummeted as soon as the market opened.
The Nikkei index closed at 26013 on the previous trading day. As a result, as soon as the day opened, it jumped more than 700 points to open the market. It opened from 25289 points and then fell all the way. It fell below the 20,000 point mark in four hours. More than 25%.
Driven by the slump of the Tokyo stock market, the Singapore stock market, which opened an hour late, did not escape bad luck. Yang Jing invested one billion US dollars in the Singapore stock index. As a result, after four hours, the Singapore stock market plummeted 18.6% that day.
The Hong Kong Island stock market also did not escape the fate of the plunge. On this day, the Hang Seng Index plummeted by 14.8%, which was 3.8% more than the original historical day.
Yang Jing knew very well that the tragedy of the Hong Kong stock market was far more than that. Because the Hong Kong stock market opened eleven and a half hours earlier than the New York stock market, so after the New York stock market plummeted on the evening of October 19, Hong Kong Island time, the next day Li Fuzhao, chairman of the Hong Kong Island Stock Exchange at the time, with the consent of the then Financial Secretary, announced that the Hong Kong Island stock market would be closed for 4 days and reopened on October 26. It was the only shutdown among the world's major stock markets. As a result, on October 26, the Hang Seng Index fell by more than 1100 points, a drop of more than 33%.
The stock market on Hong Kong Island has also paid enough for this suspension. When other major stock markets around the world were recovering, only the Hong Kong Island stock market plummeted, and the plunge reached a terrifying 33%, which was the largest single-day drop among all major stock markets in the world during the stock market crash.
The three major stock markets in the Far East plummeted at the opening, which directly sounded the clarion call for the Black Monday crash in 1987.
When the major European stock markets opened, affected by the sharp drop of the three major stock markets in the Far East and the speech of US Treasury Secretary Baker, all major European stock markets plummeted.
As soon as the Milan Stock Exchange opened, it directly gapped and opened lower by 2.3%, and then fell violently throughout the day; then the largest stock market in Europe, the Frankfurt stock market in Germany, also gapped lower when it opened. Open, the DAX index is like a war horse that has eaten ten catties of crotons, and it is so leaking that it can't even stand firm.
Then came the Paris stock market and the London stock market.
The European stock market is the main battlefield for Yang Jing to plunder profits in this stock market crash. Although no country in Europe can match the economic aggregate of the United States, in the 1980s, the economic aggregate of the European Community was far more than the size of the U.S. economy.
In the original time and space, many people made a fortune in this U.S. stock market crash, especially some greedy U.S. speculators made a lot of money in these stock market crashes, but similarly, the U.S. government’s subsequent revenge was also extremely strong , those guys who made a fortune were almost all arrested, not only facing huge fines, but also facing prison sentences ranging from several to ten years.
Yes, the US government is that dark. The US government, which has been promoting economic freedom, is actually much darker than most countries in the world. They are only allowed to earn other people's money, but whoever dares to distribute the national wealth of the United States during the stock market crash, I didn't say anything, fuck you!
Yang Jing didn't want to be investigated or even arrested by the CIA and FBI from time to time, so he was extremely careful in his operation this time. The two billion U.S. dollars invested in U.S. stocks were distributed by him to hundreds of accounts in dozens of countries around the world, and there was no account in the United States!
There is nothing wrong with being careful. This is Yang Jing's attitude towards the US stock market during this stock market crash.
But being cautious about U.S. stocks does not mean that he is also so cautious about major European stock markets. In this era before the advent of the Internet age, it is almost impossible to trace hundreds of accounts scattered in dozens of countries around the world. , and the countries of the European Community are also intriguing, and cannot work together to form a rope.
You are all so beating among yourself, why should I let you go? Back then, your robber ancestors invaded Lao Tzu's country, now you should pay some interest for your ancestors.
Rob! Don't say anything, just grab a word! Even in just four hours, the Abominable Dragon Fund invested a huge amount of US$12 billion in the entire European stock market, and then used the capital leverage ratio to make profits under such a stock market crash. It's faster than grabbing
On this day alone, the Dragon Fund has made a huge profit of more than 50 billion US dollars in major European stock markets!
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