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!
all over the world were
drastically and therefore lowered
every stock price
at the current situation of Harbor Stocks’ trading market.
scene was one
media companies were trying to report the latest
that the dot-com bubble
situation only
set up an emergency press conference stating that they would do everything in their ability to guarantee the safety of investor’s funds while providing a
to use politics to reignite the stock market to ensure
the major trend of panic spreading through the entire market, the government of Harbor City’s press
prices continued to
in the stock index was beyond what
nightmare, it reminded Harbor City’s investors of the horrific memories from the financial
pay for the economic fallout of one single
the market price of companies would drop too low, thus leading to their cash flow breaking up and lastly the company closing down. The first thing that happened was the axing
jobs, employees no longer had any economic income and their entire family’s financial
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