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
dropping drastically and therefore
every stock price
their heads in disbelief at the current situation of Harbor Stocks’ trading market. Wails, sobs, screams,
scene was one of
same time, media companies were trying to report the latest news of the stock
the entire world knew that the dot-com bubble
situation only promoted more
an emergency press conference stating that they would do everything in their ability to guarantee the safety of investor’s funds while providing a series
trying to use politics to reignite the stock market
trend of panic spreading through the entire
continued to
drop in the stock index was beyond what anyone had
of the horrific memories
single citizen had to pay for the economic
simple result was that the market price of companies would drop too low, thus leading to their cash flow
their jobs, employees no longer had any economic income and
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