Life at the Top
Life At The Top Chapter 1670
Wall Street’s entry this time fully demonstrated its incomparable strength.
It was still Quantum Fund, but what was different from the last time was that it really regarded JW Foundation as its biggest opponent and it was really unstoppable when it decided to go crazy.
After it entered the game, Jasper’s 10 billion US Dollars was overridden by Quantum Fund. Not only that, JW Foundation’s investment in other oil stocks were all caught one after another.
The current situation was that Quantum Fund had enough stocks and chips due to the accumulation from the previous period.
Hence, it was obvious that Jasper wanted to knock out the United States stock market, but he had to raise the stock price first, and then he would have a chance to go short after buying the stock.
To prevent Jasper from accumulating enough stocks, Quantum Fund began to smash the stock price. This led to an extreme intensification of the conflict between the two sides.
However, Jasper did not care.
In addition to the stock market, there were stock index futures available.
One did not need to actually buy stocks for stock index futures. Since they were futures, they would go short and long as long as one saw fit. One could do this kind of costless trading at any time.
It sounded like it was high and mighty, but it was actually very simple.
If you wanted to short a stock but did not have its stock on hand, then you could borrow the stock from the institution that owned the company’s stock at the current market price and sell it on the market through the futures market.
Once the price dropped, then you just needed to buy the stock in the market with the lowered price and return it to the institution.
This way, the institution earns commissions, fees, and interest, while you would earn the difference after the stock price falls.
A win-win situation.
the
investors who studied the candlestick chart diligently in the stock market. However, who
the Dow Jones futures by 200 points in the oil and energy sector and prepare 20
issued, the stock market’s
they would go long.
was always stabilize at a suitable price. The situation suddenly
the occasional violent fluctuations in
that under its huge trading volume, there was a fight of hundreds of billions of dollars in funds between JW Foundation and Quantum
amounts of funds were being traded and evaporated with every passing minute and second. In this financial war, no one was innocent, and no one could avoid
crossed his fingers and rested his chin on
slowed down as everyone was waiting
“Mr. Laine.”
clothes. He took off his suit, rolled up his sleeves, and sat in front
“Soros is amazing.”
half a trading day and Jasper could already
able to win a small victory before was that Quantum Fund did not take us too seriously, but this time, it is different. What we’re looking at now is an enraged Soros and the fully integrated Wall Street Capital
realized the helplessness and anger of
try our best to short the
was
rare scene appeared on the
after experiencing a rise to the limit at the speed of a rocket, hit the limit
lines drew an inverted V from
of the market value of ExxonMobil and was due
futures market again, the whole thing
would be violent fluctuations. Every time it rose, Quantum Fund would have the advantage, but
Update Life At The Top Chapter 1670 of Life at the Top
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