The Great Sage Returns from Ten Years of Imprisonment

"The most frenzied short squeeze in history? Why did this happen?"

Secretary Zhou looked on in astonishment.

He was not a professional; he was merely representing AVIC Group and General Manager Kong to assist Lingyun in his work.

Incidentally, he also served as a bridge between Lingyun, General Manager Kong, and the Civil Aviation Administration of China, despite having only a superficial understanding of crude oil futures trading!

That's why he doesn't understand why such extreme market conditions would occur.

Unlike him, the investment directors of various airlines seemed to be deep in thought, their eyes suddenly lighting up.

Ling Yun looked at Secretary Zhou and explained the reason with a smile.

"Today's likely surge in short selling is more of a decisive battle between bulls and bears in crude oil futures, an extreme contest between technical and financial factors."

"International financial markets will most likely crash tonight, but this won't affect the crude oil futures market; in fact, it might force even more funds to flood into the crude oil market!"

"Because today is the expiration date of the October contract for New York WTI crude oil futures, all short positions that were opened in the October contract must be closed and settled today!"

"Previously, due to the financial crisis, countless investors were bearish on international oil prices and established massive short positions. Who would have thought that international oil prices would rebound so dramatically in the past few days!"

"Today is the expiration date for the October contracts. All short positions will become the noose that strangles them, and they have to willingly stick their heads into it!"

"Faced with such a golden opportunity, global oil bulls are unlikely to miss it. Just watch, tonight will definitely see a frenzied short squeeze..."

With his explanation, Secretary Zhou quickly understood the whole story.

The investment directors who were also present reacted even faster, and they were so excited they were practically jumping for joy.

After Ling Yun finished his introduction, President Xie hurriedly asked:

"If a massive short squeeze really occurs tonight, what should the joint investment team do? And what should the investment departments of each airline do?"

"Should we immediately increase our positions and wait for the short squeeze to begin so we can also ruthlessly reap the benefits from global oil short sellers?"

His words immediately drew agreement from several other investment directors.

"This is a once-in-a-lifetime opportunity, we certainly can't miss it. Once a short squeeze occurs, international oil prices will definitely skyrocket!"

"That's right, I agree with immediately adding to our position so we can capitalize on the short squeeze and reap the rewards!"

"At that point, short sellers worldwide will buy in at any cost to secure delivery. Is there any better way to make money? It's practically free!"

Ling Yun glanced at everyone and jokingly teased them:

"It's clear everyone's sharpening their knives to pounce on the pigs and sheep. This is indeed a golden opportunity, and I can't very well stop you!"

"From now on, airline investment departments can enter the market to go long, further squeezing the survival space of global crude oil short sellers!"

"The joint investment team will not increase its position. We will liquidate all our positions as soon as international oil prices reach $130, and then look for an opportunity to go from long to short across the board."

"This complete reversal from short to long positions has made the joint investment team too much money, so much that it's making me a little nervous. We need to tone it down."

"Hahaha"

President Xie and Secretary Zhou all laughed and nodded in agreement.

Not only Lingyun, but even they felt a chill run down their spines when they thought about the huge profits the joint investment team had made this time!

That's an astronomical figure, enough to drive countless people crazy!

As the laughter subsided, the investment directors simultaneously pulled out their phones.

"Great, Lingyun! I'll call the company right away and have my team start increasing their positions!"

"Time is money, this can't be delayed, I'll make the calls too!"

"Please don't rush, everyone, I have a few more words to say."

Ling Yun smiled and waved his hand, then gave everyone some more instructions.

"Airlines should be mindful of the scale of their investments, ensuring they are not too large, and they must carefully manage their leverage. If a short squeeze occurs, international oil prices will fluctuate wildly!"

"Don't wait until the time to reap the rewards and get wiped out before you do. If international oil prices exceed $126 tonight, all airlines should immediately start closing out their positions."

"You must clear your positions and exit the market before it reaches $128. According to my calculations, once international oil prices reach around $130, the short squeeze should be coming to an end."

The investment directors exchanged glances, their excitement practically bursting forth.

"No problem, we won't let victory go to our heads. As soon as international oil prices reach $128, we'll liquidate our positions and exit the market!"

"International oil prices are currently at $109, a surge of $20 in one day! This is insane! Countless short sellers will definitely go bankrupt overnight tonight!"

"That's inevitable, but it's none of our business. Tonight, we're just focused on reaping the rewards!"

Ling Yun said with a smile, but his words carried a hint of murderous intent.

Next, several investment directors started making phone calls, instructing the investment departments of various airlines to increase their holdings.

They did follow the rules and didn't gamble recklessly; they were quite restrained!

Secretary Zhou and Director Fang also took out their phones to make calls and report the situation to Director Li and Director Kong of the General Administration.

After everyone finished their phone calls, they began to report on the situation in the international crude oil futures market.

Meanwhile, international oil prices continued to fluctuate around $109, with both bulls and bears showing considerable caution.

But beneath the calm surface, a raging storm is rapidly brewing!

In the midst of all the hustle and bustle, it was already around six o'clock in the afternoon.

Ling Yun returned downstairs early and took charge of the trading area for the United Securities investment team, directing operations on-site.

Just after six o'clock, the opportunity he had been waiting for finally appeared.

"The UK's FTSE 100 index has broken through 5300 points, Germany's DAX index has just broken through 6200 points, and the French stock market's gains are slightly lagging behind..."

An analyst loudly announced the latest data.

Upon hearing the report, Ling Yun immediately stopped chatting and looked up at the stock market information of various European countries on the electronic screen.

The European stock market data displayed on the electronic screen was exactly the same as what the analysts had reported.

Right now, Ling Yun's lips curled into a smile.

He grabbed the microphone from his desk and quickly issued a trading order.

"All investment teams responsible for European stock market trading, listen up! Begin selling! Clear out all European stock holdings within half an hour, leaving not a single one!"

As soon as the trading order was issued, everyone reflexively turned to look.

The investment teams responsible for European stock market trading responded in unison.

"receive!"

As soon as they finished speaking, these guys turned around quickly and started trading, dumping stocks on stock exchanges across Europe.

Mr. Lou, who was standing a little behind, stepped forward and asked in a low voice with curiosity.

"Xiaoling, didn't you say before that there would be a surge in US stocks when the market opens tonight? Wouldn't it be better to sell everything then?"

Ling Yun turned to look at this big shot, smiled and shook his head.

"My decision to liquidate all my European stock holdings now is due to changes in market sentiment, and also to facilitate future portfolio adjustments!"

"The sentiment in international financial markets regarding the US government's bailout has rapidly shifted from optimism to concern, and this sentiment is bound to impact European and American financial markets."

"There's also the potential negative impact from the international crude oil futures market. You'll see how severe this negative impact will be tonight!"

"Another strategy is to plan ahead. We should clear out our European stock market holdings early, let things sit quiet for a while, and then wait for the US stock market to open and rise to its high point before shorting it!"

Chairman Lou and General Manager Wang exchanged a glance and nodded, seemingly understanding but not quite.

"Since you think this is better, then go ahead with your investment strategy. We'll just watch you perform!"

The subsequent trend of European and American stock markets was basically as Lingyun predicted.

From the moment he issued the trading order, European stock markets seemed to have been brought to an abrupt halt, as if he had applied the brakes!

In just over half an hour, several investment teams completed their sell-offs, locking in profits from this wave of long positions.

For the rest of the time, everyone leisurely ate, drank tea, chatted, and laughed while keeping an eye on the trends of European and American stock markets.

As a result, European stock markets have been trading sideways at high levels, or even slightly declining, and have been unable to rise any further!

When the US stock market opened, the situation not only did not improve, but it took a sharp turn for the worse!