National Tide 1980
Chapter 1398: The Power of Heavenly Tribulation
"Wei Min, Wei Min, this is Shen Cun! It's fallen! It's really fallen!"
The voice coming from the microphone was heavy, and I don't know if it was because of the overseas call, the voice sounded a little distorted.
But Ning Weimin didn't care about these.
He immediately glanced at his watch and confirmed the time at 15:22 in the afternoon.
Even if there might be a deviation of one or two minutes, he knew that according to the time conversion, at this moment, the US market had been open for about 20 minutes.
He immediately realized that it was most likely the call he was expecting, and his voice immediately rose.
"What? It fell! Cousin, you mean the stock market on Wall Street!"
"Of course, I'm outside the sales department of a Wall Street securities company. You won't believe it. Papers are flying everywhere, and people are shouting and making phone calls everywhere. Everyone is trying to grab the phone. Fortunately... Fortunately, I was prepared. After confirming the situation, I ran outside and grabbed the phone... I'll tell you the news! It won't be too late!"
From the phone, it can be heard that Shen Cun is still panting a little, maybe because of running, or maybe just because of simple nervousness.
Ning Weimin certainly won't complain about anything, he just can't help asking excitedly.
"No! Very timely! So what's going on over there now?"
"What else could it be? Terrible! Too bad! This is a super disaster! All three major stock indexes fell straight down, just like diving. When I came out, the Dow Jones had fallen by 3%, and the S\u0026P had fallen by 3.75%, and it was only 15 minutes after the opening. There was almost no buying, only selling. Those huge selling orders came from nowhere, and the people in the market had no time to deal with them. Even the display on the fluorescent screen could not keep up with the speed of the stock price decline! It was so scary! I have never seen such a scene. Many people were shouting, 'Sell! Sell!' Some people shouted, 'Is the stock market crash of 1929 coming again?'"
Shen Cun seemed to have adjusted his breathing. He repeated the horrible facts he had just seen with his own eyes at a very fast speed.
However, his description of this unprecedented disaster became the greatest good news to Ning Weimin's ears.
Ning Weimin's lips moved back, a brilliant smile appeared on his face, and he said something that could instantly kill the confidence of all stock speculators at that moment.
"Great! I really guessed it. So we all made a lot of money!"
"How did you know?" Shen Cun's voice came from the other end of the phone again, but this time he was more excited, "Damn it! How did you know that all this would happen? Even the investment banks on Wall Street didn't notice it. In yesterday's newspaper, those Wall Street guys were still sure that there would be a rebound!"
"Just luck!"
"Hey, you use this excuse to perfunctorily tell me, are you forcing me to swear?"
"Haha, if you must ask, I can only say that it is based on the judgment of the general trend and the situation of the world capital market. My financial sensitivity may be higher than that of ordinary people, so I have been making money through stocks."
"No, no, you must know something, but you just don't say it. Otherwise, what other reasons are there? Okay, I won't ask. Anyway, I have to thank you. Otherwise, I have become one of those unlucky guys now! If I'm not careful, I will lose two apartments."
Shen Cun was still tactful. He controlled his curiosity and didn't dwell too much on the content that Ning Weimin liked.
And his thanks were exactly what Ning Weimin was happy to hear.
"Did you really listen to my advice?"
"Yes, I liquidated all the stocks in the United States. I also sold most of the real estate. I also shorted the stocks of Lazard Investment Bank. I originally thought that if I lost money, I would ask you to use a few antiques to pay off the debt. Now, thanks to you, I have become a lucky person. It seems that I can sit in first class when I go back."
"Haha, that's great, cousin, I have another word for you, don't be too greedy. Stop when you are ahead!"
"Okay, I remember it. From now on, as long as it is your words, I will believe it unconditionally. I plan to stay here for another three days. Contact me at any time if you need anything. I also wish you good luck...."
After hanging up the phone, Ning Weimin immediately turned to the other two people in the room, Henry Lacamier and Pierre Cardin.
He announced the news of winning the lottery to them with a brighter smile.
"Gentlemen, I received good news from the United States. The Wall Street market has experienced a panic stock market crash and is collapsing. This incident will soon affect the French stock market. It seems that my judgment is correct. Even God is helping us. So this time, I am afraid that we will not only make a small amount of money, we will definitely win!"
To be honest, although the Avengers Alliance has been formed for several days, judging from the market situation, both Henri Lacamier and Pierre Cardin actually feel that it is not so satisfactory.
Their accounts have financed a large number of stock sales, which is about 700 to 800 million US dollars. However, the effect is a bit unsatisfactory. LVMH's cumulative decline is only about 7%, and Dior Clothing is slightly better, with a decline of 9%.
In the morning, Dior Clothing's decline was once expanded to 13%, but with hundreds of millions of dollars in buying orders, it was quickly pulled up by the opponent's orders.
They can all clearly feel that because of the surge in sales in Asia, the French fashion industry, as one of the few industries in the weak market that can maintain amazing growth in profits, is very popular with European speculators because of optimistic expectations.
In the French stock market, almost all such stocks are difficult to fall and easy to rise.
Moreover, from the perspective of speculation, short selling is the least cost-effective thing.
Because the maximum profit margin cannot reach double.
On the contrary, the extent of loss has no ceiling.
No matter how bad the negative news is for a stock, it is impossible to lose its market value, but on the contrary, once the stock has a huge positive rise, it is possible to double it.
If this happens, no matter who it is, the short seller can only lose his pants.
So recently their heartstrings are almost stretched to the most tense degree, just like a silk thread, once it breaks, it can't be cleaned up.
They all feel that they have little money to use. The more they spend money to smash it, the more pressure they will have to rebound because of the stock price, and they are afraid that this plan will fail.
They are afraid that they will not receive enough low-priced chips at that time, which will cause huge economic losses. And what came from this was unbearable pressure, anxiety, panic, sleepless nights...
Fortunately, Ning Weimin became their backbone. Not only did he always boost morale with the most positive and firm attitude when they felt hesitant, but his judgment was also extremely accurate.
'At this time, he actually brought them such amazing news, just like the gospel conveyed by God's angel.
Especially when Ning Weimin reported the news, the VIP room dedicated to them also became lively.
The two old men only ran out of the door to take a few glances and confirmed that the news was true. The disaster of the US stock market has really begun to spread in France.
This news immediately swept away their confusion, the pressure disappeared, and was replaced by a sweet taste.
Especially Henry Lacamia, he had been waiting for the sweetness of revenge for too long.
His first reaction after returning to the VIP room was to have a drink.
"Great, great! Are you sure? Is this true? Well, today belongs to us, and victory belongs to us. I'm going to call and have someone send us a few bottles of champagne, and we have to celebrate!"
"Haha, Henry, now I can finally rest assured, I have to have a good drink, this time I can finally win a game. Ning helped us hit a good shot!"
Looking at the two smiling old men here, just immersed in joy and busy celebrating, Ning Weimin didn't know whether to laugh or be angry.
It has to be said that these traditional traders are still traditional, they are too simple in finance, and they are very satisfied with a little gain.
Is it time to be busy enjoying and celebrating now?
No, of course not!
There are not many opportunities with such certainty, of course, we have to maximize the benefits.
So he immediately called the broker who was trading for them.
He no longer held back, he was going to shoot all the bullets in his accounts and credit lines.
He is no longer focusing on the two target stocks now, he wants to take advantage of the French market, which has not yet fully reacted.
There is no 100% confirmation of the destructiveness of this stock market crash.
Of course, he would sell whatever stocks he could borrow and sell.
Sell! Sell! Sell!
"What else can be sold in Lyon's securities warehouse now? 280,000 Total, okay, I want it! Sell it for me!"
"What else? Airbus, 440,000, I want it too! Sell it, sell it!"
"Safran? What company is this? Forget it, it doesn't matter, sell it, one million shares, I'll sell them all!"
"What? No credit balance? Impossible... It's really over! Then how about this, sell some more of your Lyon Securities stocks for me? Sell me as many as you can!"
At this moment, looking at Ning Weimin who rolled up his sleeves and worked hard, selling borrowed securities and shorting at all costs.
The two old men who were smiling just now were still motionless again, all dumbfounded.
Wolves eat meat thousands of miles away!
They further felt their aging and the gap between themselves and young people.
Perhaps, this era is really not suitable for them anymore...
There is no doubt that from this point in time, the great panic continued to spread around the world like a plague.
In the US market, it was only half past ten, and the Dow Jones Industrial Average had already fallen by 3.78%, while the actual number was 508 points.
The daily trading volume is usually about 100 million shares, but this day it was 600 million shares.
Due to the lag in computer system operation, about 28% of the orders were not executed, including 92 million limit orders.
At this moment, among the 1,600 stocks listed on the New York Stock Exchange, only 52 stocks rose, and the rest all fell. Among them, 1,192 stocks fell to the lowest level in 52 weeks, and many representative blue-chip stocks were also doomed.
The stocks of almost all large companies plummeted by about 10%, and the reaction of financial companies doubled.
For example, General Electric fell 13.1%, AT\u0026T fell 19.5%, Coca-Cola fell 16.5%, Westinghouse fell 15.8%, American Express fell 18.8%, Boeing fell 19.9%, JPMorgan Chase fell 22%, Lehman Brothers fell 21%, and Lazard fell 25%.
Many investors, especially small and medium-sized investors, saw the K-line on the screen that fell straight down just like before they set out in the morning and cried out loudly, "Should I sell? Should I sell? Oh my God! What's going on!"
Some people even dare not look at the stock price anymore and have to run outside the securities business department and look for places that sell alcohol and cigarettes. Their almost out-of-control emotions and hearts need something to numb and soothe them, otherwise they will not be able to do anything real. Will have a heart attack.
In addition, affected by changes in U.S. stock prices, overseas markets are also in chaos.
In Europe, the London Financial Times Index was at 83.70 points at this time, a decrease of 5.1%.
The Credit Suisse Bank Index fell 6.3%;
European stock markets fell across the board.
Because the French stock market has been in a bear market, the CAC40 index suffered the smallest decline, but the market still fell by 2.23%, the largest single-day decline this year.
As for France's heavyweights, it can be said that there are rivers of blood and grief everywhere.
Société Générale fell 9.6%, BNP Paribas fell 7.5%, Total fell 7.3%, Safran fell 6%, Airbus fell 8.6%, and CLSA fell 13.5%.
So even the fashion industry, the supporting industry of the French stock market, followed suit.
Hermès turned from rising to falling, from rising 1.6% to falling 2%.
Gucci, which has been plagued by family scandals, fell even further, 6%.
But they are still no match for LVMH and Dior clothing, which are being shorted.
Under the sudden impact of the stock market crash, the hesitation of these two companies turned into firm panic, and the negative emotions were instantly amplified.
The two companies plummeted!
LVMH fell 9.5%, bringing its cumulative decline to 16.5%.
Dior clothing fell 13.78, with a cumulative decline of 22%.
However, this is just the beginning, even if there is still an hour before the closing time of the day, especially the late trading time.
So this day is destined to be a huge disaster for Bernard Arnault!
"Asshole! Why don't you answer the phone? I've been looking for you..."
Because he couldn't contact Frank Meyer, the chairman and CEO, who had always been gentle and never used swear words, cursed his good helper for the first time.
As a result, before he could ask what he wanted to ask, he almost lost his temper and fell backwards at the other party's words, "What else can I do? Of course, help you sell stocks?"
"What? What did you say? You guy, what have you done!"
"I sold out all the stocks I bought for you today, and also sold some of the LVMH stocks in your account for securities lending!"
"How dare you sell my stocks without my permission..."
"Okay, don't be stupid! I have this authorization, and I am saving your life! If I don't sell it, you will go bankrupt!"
"It's not that easy. This is just the beginning. Besides, we have foreign aid. Maybe tomorrow..."
"Don't be stupid! This is a stock market crash, a stock market crash, do you understand! There is no foreign aid now! Henry and the others will definitely win! It's just your bad luck! Bernard, I sympathize with you, this is too bad... "
"What? You said I could win, and now you say this to me! Do you sympathize with me? Have mercy on yourself, I will go over and kill you!"
However, his financial advisor lost his temper at this time and insulted him for the first time as well, and returned it to him.
"Hey, you idiot! I'm busy as hell at a time like this. So don't argue with me on the bank, you're a half-ass on this! I have to tell you right now, Lazard needs to take back the money we put in Spend at least 50% of your capital. For the sake of my friends, as the person who knows your financial leverage best, I give you one last suggestion: sell the LVMH holdings under Dior’s name immediately. Don’t hesitate. This is the best way for you to reduce your losses, that’s it. Just help yourself, there will definitely be many people going to the rooftop after today, and I don’t want you to be among them…”
With a "bang" sound, the phone on the table in the CEO's office was thrown away and hit the wall.
Bernard Arnault looked at this capricious and cruel world with a face full of anger and blood, breathing heavily.
He couldn't listen anymore, every word the other person said was a reminder to him.
And he still doesn't know that he has actually done a good job.
But the problem is that he cannot solve the problem of time and space chaos.
This time, for a non-war crime, he was just plotted against by a certain bad boy who could pinch him and use the power of heavenly tribulation.
His confidence collapsed and he had nowhere to complain. He just felt that God was really unfair.
It was obvious that he had been planning for so long, and the plan was so thorough and flawless.
Why did it collapse just when it was about to be completed?
Unfair! So unfair!
How could such a ridiculous and bloody thing happen to me?
Does God just like fools like Henry?
What a bullshit world!
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