Rebirth of the Financial Crisis Sweeping the World

Chapter 471: 471 Closing positions and earning 1200 points!

The next day, Monday, July 13, the financial markets were not open yet.

Huntington Bank Building, in the trading room, everyone's eyes are on the Dow Jones Index.

Wu Zhanhai said excitedly: There is still bad news for the stock market this weekend, and I don't know if the Dow Jones Index will gap today?

Wu Hongsheng said with a smile: I think it will definitely gap dozens of points.

Li Guangyu: Last week, the Dow Jones Index fell so badly. These bulls have spent a dark weekend. When the market opens, it is estimated that they will gap.

Wang Guanxi smiled and said: I hope to jump short, then after the Cardinal hedge fund liquidation, we will be able to close the position.

Before spending 1.2 billion US dollars to acquire the control of Cardinal Health Group, Evan Cardinal has another 200 million US dollars of spare funds, which must be deposited into the account to avoid liquidation

Although Evan Cardinal has now joined Wang Guanxi's interest system, but he insists on carrying it down on the Dow Jones Index, Wang Guanxi has no choice.

Evan Cardinal broke his position this time, and it just happened to let Wang Guanxi close the 250,000 short positions, and then bought the Dow Jones Index.

Doesn't this just round off Evan Cardinal's list?

Thinking of this, Wang Guanxi is very much looking forward to it. It is best to open the market today, and Evan Cardinal will simply liquidate his position.

Lu Jianyan asked: Boss, after we close our position, will we buy the bottom of the Dow Jones Index?

Wang Guanxi nodded: Of course, this time we close the position, we will immediately buy the bottom of the Dow Jones Index.

The original plan was to buy the bottom of the Dow Jones Index after closing the position. If Wang Guanxi bought a large sum of money, the Dow Jones Index would rise by a lot of points. The liquidation list is next.

Guan Zhenyi said: I don't know if Soros and the others will take the opportunity to close their positions this time?

Soros, Feld, and Milos Messi all shorted the Dow Jones Index at a high level. If the three also close their short positions, it will affect the closing of Fund 1.

Lin Jiyang: I guess they are long-term shorts and will not close their positions

Wang Guanxi smiled and said: That's naturally the best. After we close the position, we will make another big bargain, pull up the Dow Jones Index, and then we will kneel down to Soros, Feld, Milos Messi and other long-term shorts.

Lin Jiyang: Boss, this time Evan Cardinal has really become the prey of both of us, but after we kill Cardinal's hedge fund, it will be Soros and others' turn.

Wang Guanxi smiled and said: This time the Cardinal hedge fund will definitely go bankrupt, there is no way, Evan Cardinal is out of luck.

At this time, Wang Guanxi's phone rang, and it was Evan Cardinal.

connected.

Wang Guanxi asked: Good morning, Mr. Cardinal

On the phone, Cardina said: Mr. Wang, if I liquidate my position today, I hope you can close my position on the way.

Wang Guanxi smiled and said: If you liquidate your position, I will close your position when the Dow Jones Index falls below 7800.

Evan Cardinal said beggingly: Mr. Wang, can you start to close the position when it falls to 7900?

He felt that his position would inevitably be liquidated this time. He was very afraid that the Dow Jones Index would fall by more than 400 points. At that time, he would lose more money. If Wang Guanxi started to close his position at 7900, he could reduce his losses.

Wang Guanxi thought for a while and said: Okay, then I will close the position at the 7900 position!

Thank you, Mr. Wang, Evan Cardinal said gratefully.

At the moment the Feld Group Building.

Soros, Feld, and Milos Messi drank morning tea.

They also released the bad news over the weekend.

And last week, the Dow Jones index fell very badly, falling more than 1,000 points, and they had billions of dollars in floating profits on their books.

Soros: This time we have a big win

Feld echoed, Yeah, with the Dow down that many points, Evan Cardinal is doomed this time.

Milos Messi also said: It's a pity that Wang Guanxi also made a lot of money

Soros: I don't know if Wang Guanxi will take the opportunity to close his position after Evan Cardinal's liquidation?

Feld said: This guy is probably a long-term short like us!

Milos Messi said: How I wish this guy Wang Guanxi is a long man instead of a short man!

Soros said with a smile: If Wang Guanxi closes his position, maybe he will buy the bottom of the Dow Jones Index

Feld asked: He won't be so stupid? This economy is in a continuous recession, the unemployment rate has created a record high, and the stock market will be very depressed for the next six months.

Milos Macy said excitedly: I really hope that Wang Guanxi will close his position, and then buy the bottom of the Dow Jones Index, and let him fill in all the money he made on the Dow Jones Index this time.

Soros smiled and said: I hope so, we will wait until the Dow Jones Index falls below 7,000 points before considering closing positions.

Feld nodded: I think the same way, if Wang Guanxi buys bottoms near the 8000 point, it will be fun.

Milos Macy said expectantly: After Evan Cardinal's liquidation this time, the Dow Jones Index will definitely plummet by several hundred points. Maybe it's Wang Guanxi's opportunity to buy the bottom, and he will be killed by then.

Soros thought for a while and said: In addition to Wang Guanxi, there is also Wells, the boss of the American Manufacturers Bank. This guy doesn't know whether he is a short-term short or a long-term short.

Feld: Should be like us, long-term short

Milos Macy: Maybe he may also add short-selling. Just now Wells released a long-term bearish report on the stock market.

·

At this moment, at the headquarters of the Manufacturers Bank of America, Wells was also keeping his eyes on the Dow Jones index chart.

If the opening price rises, I will increase the short position and smash it through the 8000 position!

··

Soon the Dow Jones index opened, gapped 80 points, and opened at 7940.

Do not!!

Evan Cardinal was desperate.

The Cardinal hedge fund went bankrupt in an instant.

All 600,000 long positions were forcibly liquidated.

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

Equivalent to shorting 600,000 hands in the market, the Dow Jones Index began to plummet.

It fell below the 7900 position in an instant, and Wang Guanxi shouted: Let's close the position!

Yes, BOSS everyone quickly began to close their positions.

But flat very slowly!

2000 lots!

3000 lots!

1500 lots!

1000 lots!

3500 lots!

4000 lots!

···

The closing position of Fund No. 1 is equivalent to buying in the market, but there are too many selling orders.

The Dow Jones index fell all the way to the 7700 position.

The 250,000 short positions on Fund No. 1’s books averaged around 7,800, gaining 1,200 points and earning $3 billion.

The net value of the account is as high as 5.8 billion US dollars.

Wang Guanxi was very happy to win 3 billion US dollars this time.

Wu Zhanhai asked: Boss, are we going to buy the bottom now?