instant noodle richest man
Chapter 1404 19885 points
Now the entire XG stock market has bright red smiles on the faces of people, which was simply unimaginable more than a month ago.
There is no way, who has made the stock market rise wildly now!
After the war on February 9, 1998, which was unforgettable to countless XGs, regarded as a classic by countless people in later generations, and made countless financial students resent, the stock market has been rising and never stopped.
There is no way, all the hot money and Soros' bullets were basically empty on February 9th. Even if some hot money still has bullets, they would not dare to sell them anymore.
Because the stock market is rising wildly now, everyone is buying stocks crazy. Whoever sells at this time will be the real loss.
At this time, buying stocks is the bottom line!
In fact, on the morning of February 10, the rise was not so obvious, and many retail investors were afraid. What if Soros counterattacked again?
Therefore, the stock market's rise is still relatively slow. Until they find that the stock index has been rising all the time, and some bold and smart brokerages or retail investors are crazily investing in stocks, some retail investors finally can't sit still.
Especially on February 11, when the stock index began, a large amount of funds began to rush into various stocks in the stock market, causing the stock index to rise by nearly 800 points, retail investors suddenly realized and joined the rush to buy.
Now even fools can see that G stocks are about to usher in a wave of retaliatory rise. At this time, buying stocks means making a profit. The retail investors returned to the stock market in the second time.
The stock index began to rise slowly to rise rapidly.
On the 12th, the stock index returned to 8,000 points.
On the 14th, the stock index returned to 9,000 points.
On the 15th, the stock index officially returned to the 10,000 point mark, and many investors were moved and cried wildly.
On the morning of the 16th, the stock index returned to 11,000 points.
On the afternoon of the 16th, the stock index returned to 12,000 points, and finally closed at 13,121 points. It rose by 2,121 points in a day, making countless investors kneel down in an instant. Even when it fell, it did not fall so hard!
The subsequent rise was slow for a while, and the 17th returned to 13,500 points, and the 18th returned to 13,800 points.
But on the 19th, it started again, with rapid growth and the stock index returned to 14,500 points.
The stock index officially returned to 15,000 points on the 20th.
Return on the 21st 15,600 points.
At 2:23 pm on the 22nd, the stock index recovered 16,673 points, which was the highest point of G stocks on July 8, 1997. G stocks officially recovered this point, which means that G stocks have completely reversed all the situation.
All this makes everyone, whether it is XG people, Southeast Asian people, or people all over the world, stupid.
Since the decline of G stocks in November 1997, everyone experienced a fantastic stock market. G stocks fell by 10,000 points at one point, and everyone's wealth once shrank by two-thirds.
But in a month, everything came back, and it seems that this time, it can still break through the previous peak data of 16,673 points. Such an amazing situation, if you put it a month ago, 11 out of 10 people would not believe it.
This makes many investors feel like they are living in dreams now.
It was also the later analysis of the hindsight. According to the research of professional research scholars, the reason why stock indexes can be recovered so quickly and so crazy is the first thing to thank is a person!
Who is it?
Is Jia Yapeng?
Of course not, but our Mr. Soros.
Among this wave of rise, the wave of rise on February 11 was the most important, because a large amount of funds entered the G-share market and rose by 800 points in one breath, which completely restored countless investors' confidence. At the same time, when they found that they were about to usher in a huge retaliatory rebound, they entered the market one after another and continued to raise the stock market.
And the source of this wave of 800 points is actually our Mr. Soros.
It is said that after Soros woke up from the hospital, the first sentence he said was to sell stocks. He bought as much as the stocks they could!
Soros completely gave up the idea of suppressing the stock market and started buying frantically, just like sending himself to see God.
But there is no way to do this, because Soros has to pay back the debt!
Soros' stocks are not his own, but borrowed from brokerage firms. According to the contract, he must return these stocks to brokerage firms at the end of February.
But all Soros' stocks are now thrown into the market, and he has no stocks to pay back the debt. Then according to the rules, the brokerage firm will use all the assets and US dollars that Soros pledged to them to repurchase and make up for those insufficient parts until all the US dollars are spent.
It is impossible to suppress the stock market now. Soros can only do what he can do, buy stocks quickly when he is still at a low price, buy as much as he can, and try to make up for his own losses.
In fact, if Soros can buy back all the stocks in his contract at this time, he will not lose much, and he will even make a small profit.
Because a large part of the stocks he has sold at a high of more than 10,000 points in 1997, so if you add them together, as long as all the stocks in Soros can be sold back below 8,600 points, although Soros can't make money, he will still not lose money.
So Soros tried his best to ask his subordinates to buy back the lost stocks while the stock market had not yet risen back to 8,600 points.
But this is impossible. Soros actually threw all the cash dollars in his hands into the stock market in one breath, but in fact, there are not so many stocks in G stocks that can be eaten by Soros.
Soros only acquired about $6 billion in stocks, and bought all the components in the market that he had to pay back, and he had no choice but to sell them!
This is also the reason why the entire stock index rose by 800 points.
Although Soros was still desperately acquiring, the investors were not stupid. Whether it was retail investors or funds, they already understood that the stock market rebound was inevitable. At this time, unless the cash flow was short, no one would sell the stocks in their hands.
Confidence has made all investors arrogant and began to return to the stock market.
After all, every second, the market value of the stocks in your hands will rise, so who will be willing to sell them?
On the contrary, everyone is now trying to buy stocks, especially those international hot money. They are taking action faster than Soros. After all, they have always been following Soros. The cost of Soros closing the position is 8,600, but their cost is around 7,000 points, and they are also anxious!
This urgent situation was naturally overwhelmed by the entire stock market. In order to close the position as much as possible, they could only buy stocks more hard, which was simply a closed loop without any solution.
It was not until the stock market rose above 16,000 points that Soros and international hot money gave up the acquisition of stocks.
Because the cost of acquiring stocks at this time has exceeded the cost of giving up the contract. They give up the contract and don’t want all the collateral to give to those institutions and banks. It is more cost-effective than re-purchasing stocks on the stock market!
Of course, they also hope that after they stop the acquisition, the stock index can stabilize and maybe even fall a little.
Unfortunately, at this moment, XG suddenly came out of a statement saying that this time XG was going to win the biggest bull market in more than 10 years, and the stock index will break through 20,000 points in the future. Entering the stock market at this time is to grab money, and instantly realizing economic freedom is not a dream.
Then, the entire XG, and even more international hot money who had not participated in this war, came in again. They naturally bought too much and expected the XG stock market to continue to rise. As a result, on February 24, the XG stock index broke through the 19,000 point mark historic.
On February 26, the G stock index broke through the 19,500-point mark
On February 27, G stocks were on the last trading day of February, and it was also the day when all short contracts were settled. The final closing point of the G stock index was 19,885 points, which made many people very regretful. If it rose by 3 points, it would be able to close at 1,888 points, which was extremely perfect.
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