Happy Tycoon

At the time when the major European stock markets were all in one place, as the world's largest and most influential stock market, the New York Stock Exchange finally opened under the eyes of global investors.

Although many people know that the stock market crash is inevitable at this time, they still hold a fluke mood, hoping that the US stock market can turn the tide and support the global stock market.

But the facts make many people desperate. Even in the world's largest stock market, the New York Stock Exchange is inevitable in the stock market crash that swept the world.

On October 19, Monday at 9:30 am Eastern Time, the New York Stock Exchange opened as before. As a result, as soon as the market opened, all investors who followed US stocks were desperate, and the US stocks jumped directly. Open close to a hundred points lower.

The US stocks that gapped and opened lower did not show any signs of invigorating counterattacks in the next period of time. Instead, they continued to leak 67 points in just a few tens of seconds after the opening. At this time, I can only describe the situation of the US stock market with a rapid decline. &1t;i>&1t;/i>

"Crash!" and "Stock market crash!" These two words, which almost most investors are reluctant to mention, instantly became the mainstream words of the New York Stock Exchange, and countless investors and traders blushed. Sell ​​the stock in your hand.

Under this circumstance, apart from the shareholders of large companies, no ordinary investor is willing to keep the stocks in his hands anymore. It is the current situation to try everything possible to sell the stocks in his hands to reduce losses as much as possible. The most urgent need to do.

The huge amount of selling instantly squeezed the trading system of the New York Stock Exchange. Even if the NYSE has more than 200 state-of-the-art microcomputers, it is too late to deal with this huge amount of selling.

The performance of the current microcomputer is much worse than the performance of a computer with n cores and net g memory 30 years later. Now the combined processing power of more than two hundred microcomputers is not as good as that of the one 30 years later. The processing power of the computer. &1t;i>&1t;/i>

The clumsy old-fashioned computer has become slower than the old cow to pull the cart under the huge amount of selling transaction applications. It is a miracle that it can maintain the machine without downtime.

But even if the New York Stock Exchange uses the most advanced microcomputer at present, it is still unable to save the pandemic market when there is only selling and no buying. Especially with the emergence of more and more selling orders, the trading system of the NYSE was the first to fail.

Less than an hour after the opening of the market, the computer was actually 2o minutes slower than the actual transaction due to the large number of sells; at noon, the designated instruction conversion system (dot) in the computer system was about 75 minutes slower. Due to the insufficient capacity of the dot system, 120 million shares of the 396 million shares sent to the dot system were not executed.

The inadequacy of the trading system will undoubtedly make today's U.S. stock market worse.

Then, this panic and system ineffectiveness caused more selling. &1t;i>&1t;/i>

And at this moment, the United States, which has always been good at having brain-disabled people in times of crisis, has another strange brain-disabled person.

This brain damage is David Luther, the chairman of the US Securities and Exchange Commission.

I don’t know if this brain damage is true, or the brain is flooded, or the brain is clamped by the door. Anyway, at such a sensitive moment, when the U.S. stocks are plunging, investors urgently need to build confidence to resist the critical moment of the stock market crash. The head of the Securities and Exchange Commission unexpectedly made a speech without going through his brain in Washington at 1:09 pm.

"At a critical moment, although we don't know when this critical moment will be, I will discuss with the stock exchange to temporarily close the exchange."

It was just such a sentence that directly caused the US stocks, which had already been decimated, to be like a twelfth-magnitude earthquake.

Is the stock market horrible? Absolutely terrible! But it's not the most terrible. The most frightening thing is that investors lose confidence. &1t;i>&1t;/i>

Everyone knows that the stock market crash is just a panic among investors at a certain time due to various reasons, and then it leads to a short-term crash. But as long as investors still have confidence in the stock market, it is not that difficult to survive the stock market crash. But once investors completely lose their confidence, the situation will be catastrophic.

Why do investors have confidence in the stock market? That comes from many sources, the first is that investors have confidence in the country where the stock market is located!

This is why in this era, most of the countries that have opened stock markets are countries with strong economic capabilities. You let Somalia open the stock market, and you let Zimbabwe open the stock market. Who else would invest in that kind of country?

This is the question of investor confidence.

The fundamental reason why the U.S. stock market is the most powerful stock market in the world is that it comes from the strength of the U.S. economy and strength. Countless investors have confidence in the U.S. &1t;i>&1t;/i>

But now, as the head of the US stock exchange, David Luther wants to consider closing the stock market at such a sensitive time. This is definitely a disastrous statement.

Your government itself has no confidence in itself. Why should we require investors to have confidence?

In the stock market, closing the stock exchange to stop trading is simply more terrifying than the stock market crash.

In more than ten hours, the Hong Kong Island Stock Exchange will be closed for an unprecedented time, and one pass will last for four days. On the surface, it seems that the suspension of the market can avoid the stock market crash, but in fact this is the most wrong approach. The stock market is a very pure place. Investing in this kind of place cannot rely on administrative orders, but on economic laws.

There is a stock explosion here. Investors need to sell their own stocks to reduce their losses. As a result, your officials say that the market will be closed when the market is closed. Is it okay? Those investors who can't sell stocks don't explode during the market suspension? &1t;i>&1t;/i>

Originally there was only a six-point panic, but as a result, your suspension of the market will directly artificially increase this panic to twelve points or even 20 points!

This is also the fundamental reason why the Hong Kong Island stock market plummeted 33% on the day the market opened four days after the market was closed. Investors' panic was not vented during the market suspension period, but it accumulated more and more. If you open the market, what's the deal?

This is true of the Hong Kong Island Stock Exchange, and the same is true of the New York Stock Exchange!

Therefore, following David Luther’s remarks, the U.S. stocks, which had already been unable to hold on, immediately seemed to have taken tons of laxatives, and fell directly by more than 25o in just 50 minutes. The entire market It was terrible.

On the fifty-eighth floor of an office building less than 100 meters away from the New York Stock Exchange, Henry Williams and David Anderson are already a little numb, only Cesar and the spirit of his eight men. Is extremely excited. &1t;i>&1t;/i>

On the Monday two weeks ago, Cesar's team closed all the long positions at the strong request of the boss, and then began to short backhand. At that time, the U.S. stock market index was still around 265o.

As a result, two weeks have passed, and now the real-time points displayed on the market are less than 17oo points! The most important thing is that today, the Dow has fallen by nearly 600 points!

Hundreds of accounts scattered in dozens of countries around the world control up to two billion US dollars of funds to short the U.S. Index. Under the influence of margin leverage, this funds have been magnified dozens of times.

The most important thing is that these short positions are not temporarily established, but have been established half a month ago, and the average position of opening positions has passed 26oo points.

And now, the market has dropped to a point once, and the profit in this is already an astronomical figure. Although it is not as good as the profit in the European stock market, it is also extremely impressive. &1t;i>&1t;/i>

"Boss, today is really an exciting day!" Cesar said excitedly. At this time, he was a pure leader of the trading team. Nationality and identity are equivalent to nothing for him now.

In his eyes, there are only stock index points and the profit and loss on the book. Of course, he has become very excited about the profits he has earned in hundreds of accounts scattered in dozens of countries around the world.

As a trader, profit is the best compliment.

Both Henry and David are Americans. Although the Dragon Fund made a lot of profits in this speculation, even with them they can also reap a lot of dividends, but as an American, they are now in their hearts. It's not very pleasant.

On one side are crazy profits, on the other side are countless compatriots' huge losses. The two of them now don't know what to say. &1t;i>&1t;/i>

Although they are top investment experts, neither of them has experienced such a serious stock market crash. In particular, a large part of the huge profits they earn now come from their compatriots, which makes them feel the thrill of the huge profits while seeing the tragic stock market crash, but also not in their hearts. It's good to know which side to stand on.

After a long time, the two main executives of the Dragon Fund were already numb at this time.

However, the numbness of the two of them does not mean that Yang Jing will make them easy~www.readwn.com~David, inform your trading team, wait for my order for a while, and then start announcing the repurchase of stocks and let them Be prepared and wait for my order. "

Upon hearing Yang Jing's words, Henry and David's eyes lit up. What does it mean to buy back shares? Quite simply, buying back shares means that the boss has agreed to start saving the U.S. stock market.

As long as the boss with a lot of money agrees to repurchase stocks, no matter which stocks they are, it will always bring a certain degree of confidence to the market. And David also knows very well that he has $8 billion in stock repurchase funds in his hands. Even if it is only repurchasing the stocks of 27 companies, this huge amount of funds is enough to give these 27 companies a share. The stock prices of representative companies have rebounded.

Among these 27 companies, with the exception of emerging companies such as Microsoft and Oracle, most of the other companies are leaders in their respective industries. Whether it is Citibank or ****, or Coca-Cola, at&t, General Motors, General Electric, Texaco, Exxon, Alcoa, Pittsburgh Steel, United Pacific Railroad, Boeing, ibm, Westinghouse Electric , News Corporation, Comcast...

These companies are all leading companies in the industry, covering the most important industries such as banking, transportation, energy, minerals, grain, steel, automobiles, and media. They are all blue-chip stocks in the market.

As long as the stock prices of these companies can pick up, it will inevitably lead to a rebound in the market and at the same time bring great confidence to investors!

What is a bailout? This is the rescue! Although very simple, the effect is the most effective!

Of course, the fault is that a financial crocodile holding a lot of money like the boss is qualified to rescue the market like this!

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