1928: The rise of giant merchants

In the afternoon of that day, Ye Luo urgently contacted Livermore and others. In order to prevent being discovered by someone with intentions, he could only ask Shi Jianqiao, Xu Wenqiang and others to act as messengers, write down his plans in detail, and send them to them one by one. in their hands and then wait for a reply.

In this way, work efficiency is greatly reduced, but it also becomes more stable and it is difficult to make mistakes.

They hold 250 million US dollars in their hands at the moment. Under the maximum leverage of 20 times, they can leverage 5 billion funds, which is enough to cause violent shocks in the US stock market.

Therefore, Yeluo is not prepared to use conventional surprise short selling methods as before, and only makes money by catching the opponent off guard.

His new strategy was to build positions in batches and plan them slowly, and the whole of October was within the range of his short-selling cycle.

Anyway, the real explosion point will be on October 19th, and there is still two weeks of buffer time. There is no need to panic for a small profit.

Ye Luo, Joseph Sr., Ma Murray, Little John, and Livermore equally share 100 of the top high-priced stocks. Their current total market value is as high as 4.5 billion, which is just within their capital limits.

In order to prevent changes, Ye Luo also specially reserved a quota of 500 million to deal a fatal blow to the opponent at the critical moment.

The advantage of building a multi-party position is that it is difficult for anyone to notice that the same force is crazily shorting all U.S. stocks. It will give bulls and speculators the feeling that someone is opportunistic, but it is not enough to subvert the situation.

Ye Luo entered the VIP room of the New York Stock Exchange on time at 2 o'clock in the afternoon. The traders who served him changed again. It seems that because of the FBI investigation, the trading department is also constantly turbulent. New people replace old ones, which is more frequent than stock changes. .

This is also a good thing for Ye Luo.

If Benjamin and Kardashian were still serving him now, it would be easy for his short-selling secret to be revealed.

After all, this is a multi-billion dollar business, and there can be no airtight walls.

"Sir, please drink coffee." This time the trader was a blond girl with a baby face but a super hot body.

She was holding coffee and accompanying Ye Luo like a maid. There were several traders in the trading department who helped Ye Luo manipulate account amounts and stocks like machines.

The blond girl's name is Gwen. She has curly hair and a sweet smile, which is very pleasing to the eye.

She obviously had a lot of feelings for Ye Luo. Seeing that he was a little bored, she always found some topics to chat about, and occasionally made some cold jokes, which made Ye Luo very happy.

At three o'clock in the afternoon, Shi Jianqiao arrived late. She also brought Hui Xin and Lin Ruxian, who had just returned from Hollywood.

Lin Ruxian has been working around the film company since arriving in the United States. This is the first time she sees Ye Luo. At this time, there are no restrictions of the Republic of China, and no one will know about the taboo "uncle and sister-in-law love" between them.

As soon as she saw Ye Luo, Lin Ruxian jumped into his arms and wanted to cuddle him like a kitten, which made Hui Xin envious.

"Aluo, I miss you so much." Lin Ruxian simply stayed in his arms, not caring that there was a little blonde girl standing next to her.

Seeing that all the women who were suspected of being the other party's wife came out, Gwen could no longer make secret glances at Ye Luo, so she returned to the trading desk.

"Mr. Ye, this is the secret message from over there." The pouting Huixin changed her name to Ye Luo, and the language of communication also changed to Chinese, like a coquettish little daughter-in-law.

She couldn't compete with Lin Rushian for favor, so she could only defend her "rights" in this way.

Ye Luo was amused and took the secret letter. He ignored Shi Jianqiao's sharp eyes and started reading by himself.

The other four people obeyed his orders and had no special suggestions. They all promised to start short selling near the highest point of each stock.

At this time, the U.S. stock market continued to rebound, and the companies that owned high-priced stocks were naturally willing to release more original stocks to attract speculators to buy. When they heard that some people wanted to play short, they happily loaned out a large amount of stocks.

The only risk in this battle is that they have not estimated the highest point of each high-priced stock. If they short-sell in advance, a slight fluctuation of 5% will cause their position to be liquidated.

Even Ye Luo couldn't remember the detailed trends of 100 high-priced stocks, so he issued short selling orders in the safest way.

You don’t have to buy at the highest point, but as long as there is a strong downward trend, you can go short with confidence and boldness.

Because once the U.S. stock market starts to fall, it will not rise again for more than ten years.

"Is there anything I can do for you?" Lin Ruxian's slender fingers gently drew circles on his palm, sweeping away the reserve of being a sister-in-law, her eyes moving, and her charming look.

"You came just in time. Together, you two can help me share some of the work."

Ye Luo had one on his left hand and one on his right. Under the gaze of the little beauty Gwen, he directly hugged two beauties with different styles, and she was stunned.

She knew that in the upper class, rich people had a lot of fun, and in order to quickly climb from the middle class to the upper class, Gwen was willing to be the mistress of such a big shot.

But the scene in front of her still shocked her as a newbie.

The young mind suffered a heavy blow.

With the assistance of Lin Ruxian and Huixin, it will be much easier to deal with those high-priced stocks, and after this is completed, they can supervise the other four people to prevent heavy losses caused by operational errors.

He still trusts his woman more than his unreliable ghost allies.

Yelo's targets today are General Electric and U.S. Steel, two notorious enemies.

Even on the day when the U.S. stock market rebounded, General Electric and U.S. Steel were still struggling to hide their decline. The former was not as good as its brother General Motors, and its stock price has been unable to rise due to the recent electrical case. The latter was seriously hurt by the last short-selling, and again Didn't cheer up either.

At this time, General Electric's stock price is $198, and U.S. Steel's is $203.1. The price is still high enough, but there is obviously not much room for growth.

Just as the three of them were busy sorting out the stock prices, Gwen suddenly let out a low cry, ran over with her short legs, and the information she held in her hand almost fell to the floor.

"U.S. Steel's stock price suddenly fell to $201, and General Electric's stock price also reached $195!"

Instantaneous fluctuations can reach a few dollars, which shows that the two stocks are very unstable.

And judging from the trend, it is still going down.

Ye Luo nodded and immediately called the people in the trading department to quickly build a position and borrow a large amount of stocks from the two companies. He could borrow as much as he wanted without worrying about funds. All of them were stored in his account.

A group of new traders were replaced and they were very motivated and the procedures were completed quickly.

At this moment, the twenty high-priced stocks that Ye Luo was going to deal with today all fluctuated to varying degrees. Ye Luo also seized the opportunity to borrow stocks from the market.

Near 4 p.m., with 20 times leverage, he opened a large number of positions, and the total value of the borrowed stocks reached US$1.5 billion!

This is a very scary number.

According to Gwen, the total market value of U.S. stocks at this time is about 39.5 billion, and Yeluo accounts for 3.8% of the total market.

For self-employed people, this proportion is already extremely exaggerated.

Thanks to him borrowing a large share of these twenty stocks, they were able to restrain their decline slightly.

At this point, many speculators have discovered that the so-called bottoming out does not seem to be reliable. The stock market is still ups and downs. It is only moving forward high in the morning, but becomes sluggish in the afternoon.

Looking at the overall situation, we can only say that the stock market trend is average.

It’s not at all like the last darkness before dawn, as the Harvard Economic Association says.

Most of the speculative fever dissipated instantly.

However, the wave of life extensions in the morning has given U.S. stocks a breath of relief. Although those speculators have become more rational, they have only reduced their investment. It is more difficult to make them withdraw their funds than to kill them.

Stay up until the market closes in the afternoon.

The Dow Jones and many stock prices were relatively normal, and for most speculators, it was a dull day.

But in fact, the real leek-cutting game has already begun.

Because the transaction information was delayed, they did not know that someone in the VIP room suddenly sold a large amount of U.S. Steel and General Electric stocks before the market closed.

Nearly 150 million shares suddenly flowed into the stock market, but they had no chance to react! (End of chapter)