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.

be the one losing

those investors who studied the candlestick chart

in the oil and energy

issued, the stock

Fund reacted immediately. If Jasper went short, they would go long. They would eat up the same amount

stabilize at a suitable price. The

no sound as only the occasional violent fluctuations in the stock

column still showed that under its huge trading volume, there was a fight of hundreds of billions of dollars in funds between JW Foundation and

traded and evaporated with every passing minute and second. In this

fingers and rested his chin

Foundation‘s actions slowed down as everyone was

“Mr. Laine.”

not even have time to change his clothes. He took off

“Soros is amazing.”

half a trading day and Jasper could

The reason why we were able to win a small victory before was that Quantum Fund did not take us too seriously, but

At this moment, he once again realized the helplessness and

we have previously absorbed and try our best to short the futures market with an authorized amount of 50

was

appeared on the United States stock

at the speed of a rocket, hit the limit down like

up and down straight lines drew an inverted V from the top to the bottom of the

had surpassed 20% of the market value of ExxonMobil and was due to the collision of more than 800 billion

again, the

would be violent fluctuations. Every time it rose, Quantum Fund would have the advantage, but in the next second,

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

Comments ()

0/255