The Great Sage Returns from Ten Years of Imprisonment
Chapter 195 Bloodbath Against Global Short Sellers
At 9:30 p.m., the US stock market opened on time.
As predicted by Ling Yun, the stock market experienced a surge due to inertia, which led to a temporary rebound in European stock markets.
Unfortunately, the good times didn't last long!
In less than an hour, US stocks surged and then fell back, beginning a thrilling cliff-diving performance.
European stock markets quickly followed suit, erasing all day's gains and plunging into the depths!
At this point, the investment teams led by Lingyun had completed their deployments and were once again shifting from short to long positions.
Using a large number of shares borrowed from numerous financial institutions and securities companies in Europe and the United States, they began to quietly dump the shares!
Seeing this, everyone turned to look at Ling Yun, and everyone admired him immensely!
Mr. Lou, who was present at the scene, patted him on the shoulder with admiration.
"Well done, Xiaoling! Everyone was absolutely right, you are our own stock market guru!"
"Your accurate predictions and grasp of the international financial market are unparalleled in my life!"
Ling Yun looked at this big shot and said a few words of modesty without being too proud.
"You flatter me too much. I don't deserve the title of stock market guru. The judgments I made today were actually foreshadowed!"
"For example, the US government's massive bailout plan has met with numerous objections on Capitol Hill, and its implementation is questionable!"
"Market sentiment thus shifted rapidly from optimism to pessimism, which determined that the US stock market would inevitably experience a sharp decline tonight..."
Hearing his words, the admiration in the eyes of Chairman Lou and the others deepened.
After a few casual words, Ling Yun turned back and sat down in the chair, continuing to closely monitor and study the trends in the European and American financial markets.
Around 10:40 p.m., all three major U.S. stock indexes fell below the opening price.
The financial sector continued to lead the market decline, with its drop quickly exceeding -3%, resembling a rapid and precipitous fall!
Having confirmed that the downward trend in European and American stock markets was irreversible, Ling Yun rose from his seat with satisfaction.
Then, Lou Dong and his team, along with several investment directors and numerous investment managers, were called to the conference room to announce the next course of action!
Once everyone had arrived and the door was closed, he quickly got to the point.
Based on the current situation, the European and American markets are highly likely to experience a one-sided downward trend tonight, and a comprehensive plunge is inevitable!
"We can confidently short sell, and then gradually close out our positions when the US stock market falls by more than 3% and the financial sector falls by more than 10%."
Before he could finish speaking, Mr. Wang from CICC couldn't help but exclaim in surprise.
"The financial sector plummeted by 10%, that's outrageous!"
Not only Mr. Wang, but everyone present was stunned.
Everyone exclaimed in amazement, their eyes shining with excitement.
The financial sector of European and American stock markets plummeted by 10%, and everyone knows exactly what that means!
That's all money, countless fortunes!
"A 10% drop is probably not going to stop the decline; the financial sector in European and American stock markets may set a new record for the biggest drop tonight."
Ling Yun spoke with conviction, then returned to the main topic.
"Compared to the stock markets in Europe and the US, the international crude oil futures market tonight will be far more volatile, burying countless short sellers!"
"Therefore, I need to go upstairs to keep an eye on the market. If anyone needs anything, please call me, and I'll come down immediately..."
Everyone was astonished again, and they were all speechless with amazement.
This guy is truly ruthless. He wields an incomparably sharp sickle in each hand. One sickle harvests the global stock market, and the other sickle harvests the international crude oil futures market!
Fortunately, I am no match for this young master, otherwise I would also have been harvested!
After arranging the subsequent investment strategy and sending a text message to Yuanda Hong Kong Island Branch, Lingyun quickly packed her things and went straight to the upstairs office area.
When he entered the joint investment team's office area, he found the atmosphere somewhat strange.
Everyone sat in their chairs like ants on a hot plate, their eyes wide open, staring intently at the international oil price trend, looking quite anxious!
Upon seeing Ling Yun return, several guys near the entrance immediately rushed to ask him questions.
"International oil prices moved quite strangely tonight, hovering around $109, neither rising nor falling, keeping everyone in suspense."
"How long will this sideways trading last? When should we sell?"
"Exactly, this market is so frustrating. When will that crazy miracle you mentioned happen?"
Ling Yun did not answer these questions immediately, but instead looked up at the electronic screen in front of him.
As everyone has said, international oil prices have been behaving strangely tonight, forming an almost straight horizontal line on the electronic screen, hovering around the $109 mark for five or six hours.
Seeing this, a smile immediately appeared on Ling Yun's lips.
He then glanced at everyone present before responding with a smile.
"Everyone, calm down. What's the rush? Don't forget we're bullish on crude oil. The ones who should be worried are the bears in crude oil futures!"
"Today is the expiration date for the October contract for WTI crude oil futures in New York. Countless short sellers must close out their positions and take delivery, or they will suffer a very bad fate!"
"The bulls can sit tight and relax. According to the NYMEX trading rules, even if we don't close our positions today, we still have a one-month settlement period to buffer!"
"Countless short sellers without delivery qualifications are on the verge of death, with very little time left for them, at the latest by tomorrow morning..."
After his analysis, everyone's emotions stabilized and they stopped being anxious!
"That's right, we're the ones wielding the sickle, what's the rush!"
"Alright! Everyone still needs to train hard. Only when we can achieve this state of composure in the face of both honor and disgrace will we truly deserve to be called masters."
Just as everyone was discussing this, Ling Yun strode through the office area and arrived at the office door.
At this moment, Secretary Zhou and General Manager Xie were already waiting here.
Upon seeing Ling Yun approach, Secretary Zhou immediately whispered an explanation of the situation.
"Director Li, General Manager Kong, General Manager Sun, and General Manager Wang are all here and waiting for you in the conference room!"
"Knowing that a massive short squeeze was expected tonight, they came together, ready to witness this miracle!"
Ling Yun glanced towards the conference room and nodded slightly.
"Let's go to the conference room. I understand Director Li and General Manager Kong's thinking. Nobody wants to miss out on this rare, super-market rally with multiple short squeezes!"
With that, he walked straight toward the conference room.
Secretary Zhou and General Manager Xie exchanged a smile and then followed.
In the blink of an eye, they all entered the conference room to hold a meeting with several bigwigs.
Before we knew it, it was already 11:30 p.m.
The tightly closed conference room door finally opened, and Ling Yun and General Manager Kong came out of the conference room one after another, heading straight for the trading area.
Upon reaching the edge of the trading area, Mr. Kong and his group all stopped in their tracks.
Ling Yun continued forward, walked to his workstation, and reached out to pick up the microphone.
The next moment, his clear voice instantly resounded throughout the entire trading area.
"Listen up, everyone! Pay attention! The next two hours are going to be incredibly exciting and thrilling, possibly the most exciting two hours of your life!"
"brush!"
Everyone turned to look, their eyes fixed intently.
Ling Yun raised his hand to check the time, then continued to speak eloquently with a smile.
"With only two hours left in trading for the October WTI crude oil futures contract in New York, the contract will close at 1:30 a.m. according to NYMEX trading rules."
"This is three and a half hours earlier than the normal closing time. In this last bit of time, countless short sellers will frantically cover their positions, while the longs will take advantage of the situation to squeeze the shorts."
"As a result, international oil prices will definitely skyrocket, which will undoubtedly be the best time for us to sell and reap a huge profit."
Hearing this, everyone became even more excited, rubbing their hands together in anticipation!
"Wow! So his target was the October contract expiration date. That foresight and strategic planning is amazing!"
"Well, tonight global oil short sellers are going to get wiped out by this guy. What bad luck!"
Everyone secretly complained, while Ling Yun's voice kept coming.
"This time, we will not only clear out all October contracts, but also all the far-month contracts used as cover, from November to January next year."
"After completing this round of profit-taking, before the official market closes at 5:00 AM, we need to completely reverse our long and short positions and short international crude oil futures again. Tonight's task is not easy..."
Before he could finish speaking, an analyst next to him suddenly shouted excitedly:
"$112! Look everyone, international oil prices have jumped $3! It must be the short sellers starting to buy!"
His shout instantly ignited the atmosphere!
At the same time, the global crude oil futures market also rapidly entered a state of boiling over!
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