Chapter 144: Spend 40 billion in one morning(1/2)
October 10, 2018.
Wells Fargo's CBD office center.
An office space.
Abel lay quietly in the boss' chair at the top.
There was an ultrabook in front of him.
He was holding a microphone in his hand.
Several days ago.
He predicted it with the smoke of fate.
Technology stocks in the US stock market today will fall badly.
Even giants like Apple and Microsoft have evaporated their market value to a level of 10 billion.
Although before that.
In fact, it has been falling for several days.
But that kind of decline is minimal. The quota of 0.01% was suffocated.
It's just that today will be different.
He sat on it and issued orders one by one.
All of these orders are the names of those technology companies.
And once he gives the order, he pronounces the name.
Below are the common elites of Wells Fargo and Oasis Investment.
Stocks will be withdrawn from major commercial margins and shorted.
Or use margin to sign a short sale contract with major brokers immediately.
There are two modes for shorting the stock market.
One is the most basic model.
It means borrowing the stocks in their hands from banks or major dealers or directly from stock owners.
Then sell it, and then when the stock falls to a certain level, buy it from the market and return it to these borrowers.
This process is the most basic and primitive short selling operation.
This operation is very troublesome.
The process involves borrowing stocks, selling stocks, and then buying stocks and returning stocks.
The four processes take quite a long time.
There is another model, which is also the most popular model at present.
That is to omit the four processes above.
Directly sign a short-selling bet contract with the dealer or bank.
This operation is actually no different from the most basic and original one above.
Just saved those four steps.
In this way, there is no need to sell stocks, buy stocks in two steps. The stocks are actually still in the hands of the seller.
But before the contract period ends.
The ownership of the stock is from the other party to the contract.
Save a lot of trouble and can make this operation go quickly.
This is basically the case in the US stock market.
Most of the operations Abel used today are used in this way.
Relying on Wells Fargo as a guarantee, we will use the 50 billion yuan of funds to bet with major brokerages and other banks.
Before starting this gambling.
Abel has used up three consecutive smokes of fate. From all angles, we predicted and affirmed that today's technology stocks will fall badly. And we don't even have the idea of going up a little.
The lowest drops reached 2%.
Some of the highest companies with smaller plates even fell by more than 20%.
The next operation will be simple.
Which technology stock has fallen a little?
Then it's it.
Buy it! Buy it!
So Abel lay on the boss's chair, listening to the ultrabook, and looking at the instant US stock values in the ultrabook.
Which stock fell slightly, Abel immediately pronounced the name.
The following staff will allocate a certain amount of funds.
Contact major brokers and other banks. Leave stocks from them and sell them immediately.
From giants like Microsoft, Google, Facebook, Amazon, Apple, Tesla.
There are so many names that I haven't heard of.
Abel started everything.
It was noon.
50 billion in funds.
Nearly $40 billion has been sold.
Among the following staff, Wells Fargo, except for the employees who believed in Oasis Investment, who were originally convinced by their boss because of their magical foreign exchange operations.
Now I was a little slanted to Abel.
The reason for the side is...
Too crazy!
In one morning, nearly 40 billion yuan of funds were sold out to short.
Such exaggerated funds are apart from a very small number of super big bosses like Soros and Buffett and some huge capital consortiums.
Who dares to do this?
And another reason is...
Today's US stock market is really falling rapidly.
Although it has fallen for several consecutive days before, such a decline is still within the normal range. The market will often readjust after a few days.
But today's U.S. stock market.
From morning to now.
The three major indexes cannot be released. Although they are not a cliff-like decline, the curve of the indicator from a high point to the bottom is also terrifying.
Almost all types of stocks have fallen.
Among them, technology stocks fell the most severely.
Half a day.
The stocks of giants like Apple even fell 2%.
2% of Apple.
That is, the market value of almost 20 billion yuan has been evaporated.
In a sense.
It can be said that Apple lost almost $20 billion in one go.
Although it has not yet reached the situation where the financial crisis in 2008 and 2009 were lost dozens of times.
But this collective decline.
It's too tmd like a precursor to the financial crisis.
The market has already experienced panic.
These staff who have been in the industry for many years believe that the decline in the afternoon will definitely be even more exaggerated.
If you move on at this level, you will definitely gain a lot of rewards when shorting the stock market today.
The difference lies in the more you get and how much you get.
noon.
Temporary rest.
To be continued...