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
shares were dropping drastically and therefore lowered the overall stock
stock price
hugging their heads in disbelief at the current situation of Harbor
scene was one of
the same time, media companies were trying to report the latest news
knew that the dot-com bubble had
only
set up an emergency press conference stating that they would do everything in their ability to guarantee the safety of investor’s funds
the stock market to ensure that the city’s economy could continue
the major trend of panic spreading through the entire market, the government of Harbor City’s
continued to
in the stock index was beyond what anyone had
the
to pay for
too low, thus leading to their cash flow breaking up and lastly the
lost their jobs, employees no longer had any economic income and their entire family’s financial stability would be put
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