The Great Sage Returns from Ten Years of Imprisonment

Just after 10 p.m., the Dow Jones Industrial Average indeed fell below 7900 points, and the entire market was in a bloodbath.

The declines in the S&P 500 and Nasdaq indices were also quite dramatic, with the financial sector falling by more than 15%.

Many small and medium-sized financial institutions saw their stock prices plummet by as much as 80% or 90%, instantly turning them into junk stocks.

While the declines in major European stock markets, which had been experiencing a continuous plunge, have widened, they are not as dramatic as those in the US stock market.

In accordance with Lingyun's adjusted investment strategy, the various investment teams and financial institutions quickly completed the closing of positions, locking in profits from this short-selling move.

Then they immediately reversed course and went long on the US stock market.

The subsequent trend of the US stock market is basically in line with Lingyun's prediction.

When the Dow Jones Industrial Average plummeted to around 7880 points, it finally stopped falling and began a rebound.

In just half an hour, the Dow Jones Industrial Average quickly rebounded to above 8200 points, a jump of more than 300 points.

Then it fluctuated downwards again, repeatedly pulling back and forth, and weakly oscillated within the range of 8100 to 8300 points.

This back-and-forth between sharp drops and surges left everyone bewildered and terrified!

Everyone was deeply impressed by Ling Yun's exquisite predictions and precise control.

It wasn't until around 10:40 p.m., when the US stock market entered a period of weak fluctuation, that Lou Dong and the others had some time to discuss the extreme market conditions of the night with Ling Yun.

They left the trading area together and went to Lingyun's office, intending to have tea and discuss things, to relax a bit.

As soon as he entered the office, Chairman Lou couldn't wait to ask:

"Lingyun, tell everyone, what exactly happened with that crazy plunge in the US stock market after it opened? And what about the strong rebound that followed?"

"While both the US and European stock markets have experienced sharp declines, their trends have diverged significantly. Why is this difference? What are the reasons?"

Upon hearing the questions raised by Chairman Lou, President Wang and his group immediately stopped and turned to look at Ling Yun.

"This is a long story, let's go sit down and talk about it slowly."

Ling Yun smiled and nodded, then gestured towards the rest area.

The bigwigs exchanged glances and then nodded in unison.

"That's good. This past hour has been as tense as a battle, and everyone has been in a state of high excitement, so we're all a bit tired."

"This is a good opportunity for everyone to sit down, relax, and listen to your analysis."

As they were talking, everyone went into the rest area and sat down on the sofa.

After settling down, Ling Yun did not immediately begin analyzing the market situation, but instead personally brewed a pot of Da Hong Pao tea.

After brewing the tea and pouring the fragrant tea into several teacups, he began to analyze the market situation.

"The US stock market was going to crash tonight, which was in line with my prediction, but I didn't expect it to drop so sharply at the open. In just half an hour, it hit the bottom for the day."

"Seeing that things were not going well, I quickly adjusted my investment strategy, closing out all short positions as fast as possible, and then immediately switching from short to long positions. In this way, we can reap another harvest."

"The subsequent strong rebound in the US stock market proves that my judgment was absolutely correct. By seizing this opportunity to turn from short to long, our investment teams could have earned at least an additional 30% in profits."

Before he finished speaking, Mr. Lou and the others had already given him a thumbs up.

"Excellent! That was a brilliant move of yours. Your sensitivity and responsiveness to market changes are absolutely unparalleled!"

"Thank you for your timely reminder. It allowed several investment teams under CICC to make a lot of extra money without affecting the final full-scale short-to-long reversal. This operation was simply perfect."

"Haha, you're too kind, I don't deserve it."

Ling Yun politely cupped his hands in greeting, then changed the subject.

"Over the past hour, taking into account market conditions and international financial news, I quickly analyzed the reasons for the sharp drop in the US stock market at the opening bell."

"Firstly, the complete collapse of confidence was caused by the ineffectiveness of bailout policies in various countries. Secondly, the credit market was completely frozen, and the interbank lending market was frozen..."

While Ling Yun was speaking eloquently, the US stock market continued to fluctuate and oscillate.

European stock markets plummeted, with declines of at least 7%, each stock experiencing a more severe drop than the last!

After 11 p.m., all investment teams successfully closed out all their short positions in European stock markets.

Then they immediately reversed course, turning their guns around and starting to go long on European stock markets across the board.

Around 11:30 p.m., the investment teams had basically completed their arrangements, increased leverage, and bought a large number of stocks in various European stock markets.

At this moment, Ling Yun and Chairman Lou finished their conversation and walked out of the office.

Upon seeing them, General Manager Chen immediately stepped forward to report the situation.

"The volatility in the US stock market is intensifying, with fluctuations exceeding 1,000 points from 7880 to 8900."

"To be honest, I've rarely seen the Dow Jones Industrial Average fluctuate so wildly in a single day; it's terrifying to watch!"

"Hahaha"

Ling Yun chuckled twice, then said in a low voice:

"The sharp fluctuations in the US stock market are actually a good thing for us!"

"In this way, we can keep harvesting and make a fortune."

"A sharp drop in US stocks tonight is a foregone conclusion. As long as we're certain of that, we won't choose the wrong direction..."

Seeing his confidence, Mr. Chen and his colleagues, who had been somewhat apprehensive, immediately relaxed and breathed a sigh of relief.

They had no doubt whatsoever about Ling Yun's judgment.

Since Lingyun said that the US stock market would definitely crash tonight, then it definitely will crash, there will be no surprises!

Not only Mr. Chen and his group, but also Mr. Lou and his group standing to the side with smiles on their faces, shared the same thought.

Everyone admires Lingyun's investment acumen and judgment.

After discussing the dramatic fluctuations in the US stock market, Mr. Chen then introduced the situation of major European stock markets.

At this point, European stock markets had entered their final trading session, yet there was not a single sign of a rebound.

From Germany to the UK, as well as major stock markets such as France and Switzerland, no stock market saw a drop of less than 7%, with the worst-performing stock market even exceeding -15%.

As for the small and medium-sized stock markets in Europe, the situation is even worse!

During the closing trading hours, various investment teams continued to make large-scale purchases of stocks in various countries' stock markets, waiting to reap a huge harvest on Monday!

After the major European stock markets closed, Lingyun quickly checked the situation of each team switching from short to long positions, including the average entry point and the number of positions held.

Once he was certain that everything was proceeding according to plan, he left downstairs and went upstairs to the joint investment team's office area.

As he walked into the upstairs office area, international oil prices had just fallen by more than 10%, hitting a new low in thirteen months!

Upon seeing Ling Yun approach, Secretary Zhou and the investment directors from several airlines immediately came to greet him.

Upon approaching, Secretary Zhou excitedly whispered:

"Your prediction about international oil prices was incredibly accurate, Lingyun. International oil prices did indeed plummet by more than 10%, almost to the point of collapse!"

"The investment departments of each airline seized this rare opportunity and made a fortune. For this, each airline should thank you."

Following closely behind, several investment directors nodded in agreement, their faces beaming with excitement.

In addition to the investment departments of each airline, the joint investment team also used some of their holdings to take advantage of the opportunity and made a fortune.