In Changsheng Street, Kang Qizong chooses the cause of death
36 . Black Monday, short the Jones Index!

Golden Swo

Settings
ScrollingScrolling

PS:!!!!!!!!!

Time passed quickly and quietly.

Under Kang Tianma's orders, Natasha carefully selected the ingredients. He had recruited two African traders in the islands of Madagascar with a high salary.

The two traders had fifteen years of experience in the financial industry.

A man and a woman. The male trader was called Chris Stuart. The female trader was called Eleena Andy.

As the mastermind, Kang Tianma ordered Natasha. On April 20th, 1987, he bought a futures contract to short the Jones Index at 2213.75 points!

The total value was 10 million USD, and the futures contract was six months. The delivery time was six months later. October 20th, 1987.

A futures contract had a specific time for delivery.

A three-month futures contract! A six-month futures contract! This was only for the short term.

The 10 million USD short futures contract was immediately bought by the buyers in the futures market.

In this way, the bet agreement had been reached.

To put it simply and straightforwardly. If the dow doesn't fall in six months. Instead, it rose.

This 10 million would be a huge loss! If they were long, they would make money.

Six months later, the dow jones index plummeted. Then, the futures contract would be automatically delivered, and the short side would make money.

After doing all this, Kang Tianma could only quietly wait for news.

He was a little nervous, afraid that the events in the future would change.

Of course, Kang Tianma was still cautious. He didn't gamble or use the five-fold leverage.

One had to know that with a five-fold leverage. 10 million was enough to leverage 50 million.

However, using leverage required a certain amount of deposit.

The security deposit system was used as collateral.

Therefore, this time, the benefits would not be too great. He wanted to win steadily and drink a mouthful of soup in this financial storm.

From April to September, it was a total of five months.

Potato Chang drove a taxi every day from morning till night. He had been driving for 16 hours and could earn 9000 yuan in a month.

After handing over 7500 yuan to Su Miao Chan, there was still 1500 yuan left.

I'll eat every day. Drink some water. Oil costs. The net profit was 1000 yuan.

His mother, Su Miaochan, was always smiling every month.

His father, Kang Qizong, could also have a good rest. He didn't need to go through the wind and rain, he could just stay at home and enjoy Su Miao Chan's massage.

Back at the KQZ Foundation, there were many good news.

Since August 1987, the New York stock market began to fluctuate greatly, especially in the first two weeks of October. Between October 5th and 9th, the dow jones industrial average fell 158.78 points, followed by another 235.48 points the following week.

Natasha stayed in the office of the KQZ venture capital fund on the islands every day. Listening to Eleena Andy's report.

"Chairman, as of Friday, October 14th. The Jones Index had fallen by more than 394.26 points. The decline is as high as 16%."

"The buyer of the futures contract has sent eight faxes in a row. I hope that our KQZ fund can deliver the goods in advance.”Eleena looked at Natasha with admiration.

" No," Natasha said calmly." That's impossible." The capital market is full of blood."

"Our shareholder, he thinks the Jones Index. It will continue to fall."

"In another six days, it will be our 10 million USD futures contract. The time of delivery."

"As of today's closing, our short futures contracts. How much did you earn?" Natasha asked a key question.

Eleena opened the folder and gave the exact number.""As of today's close, our KQZ Foundation. He had earned 21.3135 million dollars by betting 10 million on futures contracts.”

"Alright, go out. When the time comes, the foundation will give you a 200,000 USD bonus.”

"But don't forget the confidentiality agreement.”Natasha's eyes were sharp.

Eleena's wheat-colored face broke into a happy smile.""Of course, Chairman."

"In this line of work, we should understand the rules of the financial industry.”

"Okay, you can go out first."

Natasha stood up slowly and watched Eleena walk out of the office. Then, he went to the window and turned the shutter.

Kang Tianma asked Natasha with his brainwaves,""Natasha. How was the situation now? Would the Jones Index fall or rise?”

" As of Friday, October fourteenth. The Jones Index had fallen by more than 394 points.”

Natasha was a little excited."“boss。You're really amazing!"

"Everything is just as you said. It's almost the same.”

"From the beginning of October, the US stock market bubble has formed. Now, even BBC and BBC had financial commentators. Natasha usually stayed in the office and watched the financial channels on TV.

"Yes, that explains it. They still had people who kept their heads clear.”

"At times like this, we have to be even more careful.”

"We are just small fries in the financial market.”Kang Tianma quickly used his brain waves to transmit his thoughts.

On Monday, October 19th, 1987, Wall Street was shrouded in dark clouds. With the rapid and dull " dang, dang, dang " bell, the New York stock exchange began a new day.

At the beginning of the market, an ominous premonition struck everyone in the noisy trading hall. The dow jones industrial average fell 67 points at the start of the day. In the blink of an eye, the selling price surged. Under the pressure of the surging selling price, the screen turned red (falling), and there was no green wave (rising).

The exchange was in a panic, and the futures market was in chaos. From 9:30 a.m. until 11 a.m., the dow jones industrial average kept dropping, and no one knew how to stop the situation from worsening. Although some people suggested that the market be closed, no one dared to make a decision.

In the KQZ fund's trading room in the islands of bermuda.

"That's great! Chairman. Now, the Jones Index had fallen by 10%. We earned another 8 million!" Eleena Andy, the trader, looked at the computer screen. It was red.

At 13:09 PM, a piece of terrible news spread to Wall Street. The stock exchange was temporarily closed.

Traders would not have time to sell their stocks. Their stocks would be worthless, and thousands of dollars would be reduced to ashes. Therefore, they had no choice but to quickly dump their stocks. The dow jones industrial average fell like crazy. By two in the afternoon, it was down 250 points.

At 14:05, the index rose 350 points and successfully crossed 2000 points. However, the rebound only lasted for a moment, and the reaction of the index futures market was basically the same. At around 14:30, the stock price trend seemed to show signs of improvement, and then the rebound was blocked, forming a new round of downward trend.

At the close of the day, the dow jones industrial average fell 508.32 points, from 2246.72 points to 1738.470 points, a drop of 22.6%.

At the same time, the people from the KQZ Foundation. They opened the champagne bottle and went into a frenzy.

This book comes from:m.funovel.com。

Last Next Contents
Bookshelf ADD Settings
Reviews Add a review
Chapter loading