Start with hooves

Chapter 414 A Windfall

With great doubts.

Suri got up immediately, ran to the study wearing only his underpants, and sat in front of the computer to find out the reasons for the stock market crash.

After searching around, I found that there was no important news online, so I quickly called Amanda’s secretary back to find out why the stock market plummeted.

During this period, I glanced at the Dow Jones Index and found that in just two to three minutes, today's decline had expanded to 3%.

He had never seen such a huge drop before, and found it unbelievable. He picked up the half-remaining cigar, held it in his mouth and lit it.

The call was quickly connected.

Before Suri could ask, Secretary Amanda spoke excitedly and said quickly:
"I just had a phone call with the family office. They believe that the reason for the plunge may be because traders made mistakes and sold billions of dollars in stock index futures. This means that when the market reacts, it will soon Correcting the mistake at this moment is just a misunderstanding caused by panic. Boss, do you want to take action?"

"Of course! Help me go long on the Dow Jones Index and some stocks that have fallen a lot!"

Suri was already wide awake.

He took a long puff of the cigar and accidentally inhaled it into his lungs, choking and coughing several times.

Of course he knows that some mistakes often occur in the financial trading market, but these mistakes often only have a small impact.

The reason why today is so strange may be that there is a small group operating behind the scenes, planning to harvest a wave of leeks.

So he made a decisive decision, thinking that it was worth taking a gamble at this time and taking advantage of the opportunity.

The astonishing decline in the stock market seems to indicate that it has risen too much before, and investors were already worried, thus igniting panic.

No matter what, there must be a monster when things go wrong, and Su Rui vaguely guessed that this was an opportunity.

He then started searching for Apple and found that its stock price plummeted 6.1%. Considering the possibility of a rebound, he then asked secretary Amanda to notify the family office and contact brokers to help add positions to buy the dip.

The entire Wall Street may have been in a state of panic, and people were so busy that they were in a state of panic.

Daddario was wrapped in a nightgown and looked confused, asking, "What happened? Is there another financial crisis?"

Su Rui didn't bother to explain for the time being and just waved her hand.

I continued to sit in front of the computer and was busy logging into my financial account. The first thing that caught my eye were a few lines of red numbers, showing a total loss of more than 4 million US dollars today.

Even he couldn't help but take a breath, a Lanai island just evaporated out of thin air.

Fortunately, the dust has not settled yet. The losses in this case cannot be counted. As long as you don't sell, there will still be a turnaround.

Then he went to check Penguin Group's stock price. As soon as the webpage opened, Su Rui realized that he was stupid. It was not the trading time of the Hong Kong Stock Exchange yet.

The panic plunge in U.S. stocks has not had any impact on Penguin Group for the time being. It rose slightly by 0.68% as of the close.

Seeing Daddario coming to her side, Suri told him:
"It's still unclear what happened. Various exchanges in New York suddenly plummeted. Maybe there was a problem with the trading system, or there were other black swan events. They were almost touching the 10% circuit breaker red line. The market has already It went crazy. Trillions of dollars suddenly evaporated without any major news. Fortunately, I cashed out some leveraged assets a few days ago, otherwise I might have been forced to liquidate my position."

A few days ago, a rich man he knew jumped off a building. After being reminded by Amanda's secretary, he was a little worried, so he chose to reduce his position appropriately.

Unexpectedly, chance came to his rescue so quickly and he successfully avoided a huge loss.

As long as the stock is not sold, there is still a chance of recovery if you continue to hold it. However, for some leveraged stock options, stock futures, etc., if the margin is not replenished in time and the position is forced to be liquidated, the loss will be a loss.

Judging from the performance of the stock market, there may be a lot of unlucky people who were forced to liquidate their positions today.This made Suri sigh from the bottom of his heart, thinking that Mr. Christian Benson was such a good man and helped him avoid hundreds of millions of dollars in losses.

pity.

If Christian Benson had been more lucky and had waited and shorted stock index futures before, once he hit today's rare market situation, the profit would have been tens of millions of dollars at least. There would be no need to fly a plane to the sea to be full of adventurous spirit. way to die.

The good news is that Mr. Benson was right, and the stock index did plummet.

The bad news is that the plunge just started today, and Mr. Benson is already gone. If he hadn't played the trick of escaping his shell, he might have been buried under the cold and dark seabed with the plane.

have to say.

For investors, luck is often more important than vision.

It sounds complicated, but in fact, only a few minutes had passed since Su Rui woke up.

The Dow Jones Index fell as low as 9.36%, just short of hitting the current circuit breaker standard, and then began to rebound rapidly.

Every time Su Rui refreshes his account, some of the evaporated assets will come back. The loss quickly changes from more than 4 million to more than 3 million, more than 2 million, more than 1 million... Which casino can be so exciting?

After sitting in front of the computer for half an hour, the loss was only over 8000 million US dollars.

Secretary Amanda called again and told the family office that it had contacted brokers to help hunt for the bottom and had made a profit of more than 4400 million US dollars.

Rounding it off, it’s almost equal to no loss.

The performance of the market proved that the previous plunge was a big mistake. Su Rui put his heart back in his stomach, as if he had watched a wonderful performance and ran to brush his teeth and wash his face.

It wasn't until around nine o'clock in the morning on the west coast that there was no late news.

It is only said that this plunge was due to the collision of several large selling orders, which triggered panic in the market, and that it has returned to normal.

This rhetoric sounded familiar to Suri. The Internet bubble 10 years ago seemed to have been detonated in this way.

Looking at the Dow Jones Index, S&P Index, and Nasdaq Index alone, they have indeed returned to normal, with the decline narrowing to less than 1%.

However, during the slump, countless people suffered heavy losses. Some retail investors had their wealth wiped out in an instant, while some traders made hundreds of millions of dollars in one fell swoop, and their commissions were lenient.

Regardless of the securities assets he originally held, he decisively decided to buy the bottom today. These new transactions helped Suri bring in more than 7500 million US dollars in income, mainly from bottom-buying the Dow Jones Index and many constituent stocks, which continued during the rebound. Profit.

The only regret is that the interval from the plunge to the rebound is too short, leaving little time for Suri to prepare.

Even if it's just 5 more minutes.

The elite family offices under him are confident that they can help him earn an additional US$[-] billion.

This was also due to Suri getting up too late. If he had received a call from Amanda's secretary 2 minutes earlier, he might have gained a lot more income.

but.

Su Rui was very satisfied with the unexpected windfall.

Until the market closed on the east coast, the total income in a single day reached more than 9000 million U.S. dollars. It was a windfall that was worth celebrating with a big meal... (End of Chapter)

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