Life at the Top
Chapter 180
In the futures market, one could decide whether they wanted to buy or to sell. In other words, to take a bullish or a bearish stand.
It was a simple idea. Taking the bullish stand meant that you believed the stock index would increase, so when it did, you earned profits.
Taking the bearish stand meant that you believed the index would drop, so when it did, you earned profits.
All in all, it was a gamble of whether the stock indexes would drop or rise.
Jasper believed that the Hansel Index would drop, so he chose to take a bearish stand.
When in truth, the falling of the Hansel Index was a trend that not even God could change.
The figurative tsunami had appeared at sea level, and the only thing anyone could do now was run as high up as possible, since stopping the tsunami was impossible.
With both Weresoft losing the antitrust lawsuit and Barron’s article, sorrow filled Harbor City’s stock market.
The entire market was starting to crash, and retail investors were trying to escape. Everyone was selling their own stocks, but where would they find an investor who would take over the market at such a time?
For stocks to be sold out, it first required someone to buy them or the transaction could not be completed. Without anyone purchasing, the falling of prices was the only outcome!
stock markets all over the world were facing the same
and therefore lowered the
every stock price was
situation of
was one of absolute
time, media companies were trying to report the latest news of the stock market as quickly as
the entire world knew that the dot-com bubble had
a situation only promoted more
emergency press conference stating that they would do everything in their ability to guarantee the safety of investor’s funds while providing a series of favorable measures for internet
use politics to reignite the stock market to ensure that
with the major trend of panic spreading through the entire market, the government of Harbor City’s
continued
the stock index was beyond
Harbor City’s investors of the horrific memories from the financial tsunami
pay for the economic fallout of
too low, thus leading to their cash flow breaking up and lastly the company closing down. The first
income and their entire family’s financial stability would be put at
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