The mage in the late Qing Dynasty

The next day, Tuesday, October 15, the weather turned cloudy and sunny.

People took off their coats.

Today, there are more people at the exchange, and it is crowded.

It's not easy to squeeze into the front desk to trade.

United Copper opened at $52.

Fritz Heinze was looking at the bullish market when he suddenly saw a man who stood out among the crowd.

He frowned: "Ethan, why are you here?"

Zhao Chuanxin just received his second salary yesterday, another US$500. He smiled and said: "Oh, I resigned!"

He has basically figured out the situation of Fritz Heinze's capital pool and received his salary. He is already satisfied and there is no need to stay there anymore.

Fritz Heinze saw Thomas W. Lawson and Jesse Livermore both at the Exchange today. And Zhao Chuanxin stood with them.

He was a little angry, but suppressed his anger, squeezed next to Zhao Chuanxin and whispered: "I don't care whether you resign or not, or even which camp you are in, but tonight, I want you to bring Rebecca to my At the banquet.”

He firmly felt that everything would be settled today.

"Oh?" Zhao Chuanxin raised his eyebrows: "Why?"

"Why?" Fritz Heinze smiled strangely: "You can never win with courage, and you can never conquer with perseverance! Today, I am going to destroy everything and get both money and beauty. Just ask me the price!"

Zhao Chuanxin looked up to the sky and sighed: "Hey, that sentence is indeed correct."

Fritz Heinze frowned: "What are you talking about?"

"Haha, no gentry is bad, no one is rich but everyone has land!"

"Huh, you're talking about this on Wall Street? I don't care about other people's scolding, but I will drain every last penny out of your pockets. So, you'd better accept my price!"

Zhao Chuanxin looked at him with pity: "You can't afford the price I want!"

"you……"

Zhao Chuanxin stopped paying attention to him, and instead stared at the price board.

United Copper's stock price continued to rise, reaching $53, $54, and soared all the way to $59.

Fritz Heinze laughed wildly: "You see, you see, there is no benefit in going against me!"

At this time, "Ice King" Charles Morse, Otto and others also came to the exchange.

This is the final battle!

Zhao Chuanxin pulled Jesse Livermore over and whispered a few words, and Jesse Livermore hurried away.

Today, everyone is having a very stressful time.

Even Zhao Chuanxin did not dare to be careless at all.

All the money earned from the long trade of United Copper, plus the original principal, was taken out.

Some of them make strategies to pay interest by borrowing stocks to sell short, while the other part uses capital loans, that is, leverage.

Since he had participated in the long trade before, the peak of the stock price would definitely not be the original historical $60.

Then, Zhao Chuanxin must consider the risk of liquidation.

Therefore, leverage cannot be made too large.

But because of the increase in principal, even if the leverage is reduced, he can still make more than originally.

When Fritz Heinze saw the stock price rise to $60, he, Otto and Charles Morse came to Zhao Chuanxin, Jesse Livermore and Thomas W. Lawson.

Fritz Heinze's side was undoubtedly proud.

Fritz Heinze said arrogantly to Zhao Chuanxin: "Now, do you still think I can't afford the price? Make an offer."

Charles Morse said to Thomas W. Lawson: "I have advised you, but you don't listen. I heard that you not only closed your position in United Copper, but you are also shorting? Haha, you are about to do it for you Pay for your behavior and wait for the liquidation."

Otto danced the most happily: "Livermore, others call you the Wall Street Bear. I think you are going to turn into a mini bear today, haha..."

As they speak, United Copper's share price continues to rise.

$61!

Zhao Chuanxin said calmly: "I can only say that after today, you must not be overwhelmed. If you must be overwhelmed, then pay attention in the next life."

"..." Fritz Heinze: "It's already this time, and you're still so damn stubborn!"

Thomas W. Lawson looked at Charles Morse: "Mr. Ice King, making ice is very profitable. In fact, I think it's good for you to stay in Maine and do your job, but you have to make this trip. Muddy water. Take my advice, Wall Street is really beyond the control of your little minds."

Maine is geographically equivalent to the domestic HLJ, so it is the main base for ice production in the United States.

Charles Morse made his first pot of gold by making ice, and then came to New York State to get involved in shipping on the Hudson River, monopolizing cruising rights.

It can be said that, like Rockefeller, he is one of the people Ronaldo hates the most.

However, Charles Morse was not satisfied with this, because he found that no matter what he did, there were no huge profits from financial institutions.

So there is today's play.

Thomas W. Lawson may be a well-known financial writer, but in front of Charles Morse, this status is simply not enough.

But being ridiculed by such a guy whom he looked down upon, Charles Morse immediately became angry: "I don't know where you got the courage to talk to me like this."

Jesse Livermore looked at the price board and said, "Wow, it's up to $62. Gentlemen, excuse me, I have to do something."

Saying that, he turned around and left.

Rather than talking nonsense, he is more willing to operate transactions and slap him in the face with the results.

When Fritz Heinze and the others saw the stock price of United Copper, they were also very excited.

Many people are looking here.

Today is really lively. There are Ice Kings, Copper Kings, Wall Street Bears, financial masters, and well-known Wall Street brokers.

Seeing them quarreling and quarreling at each other's throats, this is an excellent after-dinner conversation, and can last for half a year after returning home.

"Copper King, Ice King and brokerages, I think they are better."

"Shit, anyone who underestimates the giant bear on Wall Street will suffer. Moreover, that southern financial master is not a vegetarian. He made a small profit by manipulating the diamond market back then. He is a complete hypocrite and very insidious."

"Huh? Who is that Asian guy from?"

"I don't know, maybe it's the royal family of some country. They have always been very rich."

"Look, United Copper has risen again, to $63!"

Yes, United Copper's stock price has soared to $63, causing exclamations on the exchange.

However, this is like the last swan song, like the afterglow before the sunset disappears.

Next, the stock price of United Copper fell from 63 US dollars to 62 US dollars, and then to 61 US dollars...

Jesse Livermore came to Zhao Chuanxin and whispered: "Boss, as you said, their capital pool has bottomed out."

How talented is Zhao Chuanxin?

Neither Jesse Livermore nor Thomas W. Lawson believed that.

Many times, Zhao Chuanxin behaves like a financial idiot, very amateurish.

However, at every critical moment, Zhao Chuanxin can hit the nail on the head and make his predictions come true.

This was true with last year’s crash caused by the Los Angeles earthquake, and it’s true now.

The two of them looked at Zhao Chuanxin with admiration - the boss was so awesome!

Although the operational details were all worked out by the two of them.

But the outline of the two people's actions was completely given by Zhao Chuanxin.

They could only attribute it to a gift, a gift they couldn't explain.

Zhao Chuanxin said calmly: "Nearly half of our capital pool is contributed by them. One goes down and the other goes up. As fast as it rose just now, it will collapse now!"

The three of them looked towards Fritz Heinze.

Fritz Heinze, Charles Morse, and Otto looked at the falling numbers on the price board, and their faces turned pale.

They underestimated United Copper's outstanding holdings. Short-sellers actually had a steady stream of securities available for shorting, and this market was no longer the market they had imagined.

How could everything change so suddenly in such a short period of time?

This is unscientific!

The leeks were also confused.

"Fake, is this still a trap?"

"Lure a few handfuls and throw them away quickly!"

60, 59, 58…

The stock price fell rapidly, all the way down to $52, before rising slightly.

Because some people think that United Copper will continue to rise, and this is a good time to buy the bottom.

In fact, Leek cannot figure out the situation.

Otherwise, you won’t be harvested in waves without realizing it.

Fritz Heinze trembled all over: "Otto, is there still money in the capital pool?"

"No more!" Otto said desperately.

Charles Morse opened his mouth and felt breathless: "How could it be? It has risen to 62 US dollars. We hold a large number of stocks. How can short sellers still take advantage of it? How dare they?"

Their exposure to stocks is also the source of their confidence, and they feel that they can definitely control the price direction.

Fritz Heinze gritted his teeth: "Don't panic, there is still a chance. Maybe it will stop if it falls to 49 US dollars. After all, we already have a large number of stocks. As long as we don't sell them, it won't cause panic."

After saying that, he turned his head and looked at Zhao Chuanxin.

What Zhao Chuanxin said that day appeared unconsciously in his mind.

There is this paragraph in it: It is far more difficult to control a stock price than the value itself. Therefore, if the ice and canal business is doing well, short sellers may not heed your warnings.

When I heard it, I thought it was illogical.

But now, Fritz Heinze's heart suddenly trembled.

He unconsciously thought of the following words: Old Morgan was watching the fire from the other side, and the New York government finance department would be insolvent. Although the miser was generous, the actual amount he took out was only ten million. As Tennessee coal mines face closure, antitrust defenders must break the crisis. Andrew Carnegie seems to be a good man, but you can’t let him suffer...

Old Morgan naturally knew that he was talking about J.P. Morgan, so who was the miser?

Who are the richest capitalists in New York?

A Morgan, a Rockefeller.

John Rockefeller Sr. has always been known for his "sparing money". Let's establish a monopoly and eat alone.

Isn’t he just a miser?

But what did Rockefeller do with ten million?

Fritz Heinze gritted his teeth, shook his head, and threw these random thoughts away.

He must be talking nonsense, that's what.

His attention turned to the up and down board again.

However... the stock price rose from 52 US dollars to 53 US dollars. After a slight pause, the blood volume plummeted again, gliding to 47 US dollars...

Jesse Livermore's palms were all sweaty: "Boss, do you want to... stop?"