【364】May 24th(1/2)
jp.Morgan called harshly, but unfortunately, as soon as the New York stock market opened on May 24, 1892, the stock price of the Earl sector plunged collectively. "Lead stocks" like Longan Strategic Investment fell sharply as soon as the market opened!
!
Such an unprecedented decline makes people exclaim: Crazy, this world is crazy, God, are you going to come to the earth to destroy this sinful world?
This kind of cry of resentment is naturally from retail investors in the idle market who are not very well-informed. The chaebol bosses of Morgan level got the exact news before the opening: Earl of North Sea Long Hao was the sixth person of the US Navy
The armored battleship is blocked in San Francisco! I heard that he had a feud with the Navy, and his industry in San Francisco is in danger of protection!
At this time, whoever holds the Earl sector is to fall off the cliff with that oriental boy! He is crushed to pieces!
For example, big chaebols like DuPont, Lehman Brothers, and Goldman have even seized this opportunity to make a fortune, invested a lot of money, and shorted futures in the Earl sector's stock price... completely ignoring their allies jp.
Morgan kept throwing big rocks into the well.
Of course, they also know that JP. Morgan has a strong foundation. Even if he loses this shop, he will at least have a dozen paper underwear left... The so-called real friend who takes advantage of the situation and robs his brothers. At this time, don't smash Morgan's head too much.
With a few packs, you may not have such a good opportunity in the future!
Someone may ask if he saw this, nonsense. Didn’t Long Hao’s news of such a great unlucky have been transmitted to big newspapers such as New York and Washington through the telegrams and telephone lines? Why are retail investors in the idle shop still kept in the dark?
Just raised his head and shouted the slogan of "God is crazy too", "I will be crazy before the destruction", looking at the Earl's sector that had risen to the sky the day before, this morning, it was like taking laxatives, and it kept falling and falling.
Reduce decline!
First, it fell sharply by $28. Then it fell by $5, $6 and $9. Although there were several rebounds during this period, overall, it only took an hour to open. It swallowed all the gains of yesterday afternoon.
It's almost approaching yesterday's lowest point!
If you know the reason, you won’t feel strange at all. Isn’t it because the White House took action?
After President Harrison's repeated failures in trying to contact San Francisco, he had no choice but to bite his back teeth and order those big newspapers to conduct a 'big scandal'.
The president's rights are quite high, so until now, the big newspapers are very well-behaved. After receiving a small subsidy from the White House, they endured it and didn't take out the printed newspaper to sell it.
However, such explosive news can only be hidden from the super chaebol like DuPont and Rockefeller. Second, as time goes by, paper cannot be kept popular. Once someone exposes this explosive news. Hey hey
...At that time, these big newspapers would never mind throwing out these newspapers that still smelled of ink and took the opportunity to make another profit!
So, the hour before the morning trading in New York, I spent the pessimistic and weird atmosphere of falling all the way and no one protected the market...
The stock price fell so quickly, jp. Morgan naturally had no chance to escape. After opening three words, he saw the stock in his hand shrinking rapidly. jp. Morgan's heart twitched for no reason, his eyes rolled up, and he fainted again
.
After about 8 words after the opening, Long Hao, who was far away in San Francisco, called up and waited slowly. The other end that connected was connected, said: "Old Cui, it's falling too fast, you can act.
…”
After saying that, Long Hao dialed another local number and said to the person on the other end: "Here, you can buy some stocks appropriately. I guess there should be a wave of rise, and the cycle will not be too long. If it rises, it will be sold.
Even if you make a little bonus…”
Then, one hour and five minutes into the morning trading in New York, many unknown tabloids appeared on the streets of New York and Washington, which directly wrote: Big incident! Big scandal! Six battleships of the US Navy blocked the San Francisco Harbour, the huge industry of the Earl of the North Sea
Seriously threatened!!
I don't know how these "three-no" unnamed tabloids emerged. Although they didn't appear in large areas, they were like a spark next to a powder barrel. As long as they were ignited a little, it would be enough to attract the big newspapers to start taking action.
It's right.
The editors of the big newspapers who had been waiting for this opportunity to appear sneeredly: Hehe, there is already this big news on the market. If we publish newspapers, it is not considered to be leaking this federal secret, right?
So, half an hour after the nameless tabloid came out, several large newspapers with extremely efficient efficiency sold the printed newspapers to the streets and alleys, and every household was close to the morning closing, and those retail investors in the idle village knew that the Earl of Beihai wanted.
There was a bad news. While they exclaimed why their warships wanted to block their harbor, they rushed to the trading counter and took out a lot of dollars to buy short futures in the Earl sector!
The New York Stock Exchange has a long history and many businesses. The investors here are so familiar with futures trading that they are no longer familiar with.
For a time, the Benson fleet became a rat that everyone shouted and beaten, and the Earl of Beihai became a roadside corpse that everyone wanted to grab some relics...
"It's over. The damn newspapers in New York and Washington took the blame and officially released the big news that happened in San Francisco last night. They died. The stocks in the Earl sector are dead this time!"
Chicago, Luxury Hall, jp. The traders used by Morgan were a little panicked: such a big piece of mud was hit in his hand, very sticky and could not even be shaken out. This is a big crisis they had never encountered before!
The backbone fainted just now, and they were so panicked that they didn't know what to do.
Someone suggested: "I think the Earl sector is dead. Should we buy some short futures as well, so that we can recover some losses."
Someone replied: "This is not impossible, but the funds we want to use must be approved by Boss, but Boss is like this, hey..."
On the sofa next to him, JP Morgan was lying in an emergency rescue in the hands of a private doctor. It seemed that he would not die for a while, but he would not wake up easily.
"Hey, it's all the fault of that damn Benson. He's full. He's running to block the harbour of San Francisco when he's free!?"
"That's right, we don't come early or late, but we just came after the closing! We didn't even have a chance to escape!"
These six-minded traders were discussing and complaining. Suddenly, a small employee who closely paid attention to the trading trends shouted: "Yes, there is a paying order, there is a paying order for Earl's stock on the market! Longan 20,000 shares. Should we sell it?
?”
The shouts of the small staff were like the sweet rain after a long drought. These traders were excited. While busy checking the source of the purchase order, they couldn't care about it and couldn't wait to release the 20,000 shares of Longan Company in their hands!
The source was found soon, and it was from San Francisco, and it was obviously their opponent - t.k Morgan.
t.k Morgan now has sufficient cash flow, and only he can buy against the market with such a big deal.
Now, after 20,000 shares, another 50,000 shares of various Earl sectors will be paid for!
Sell or not?
The other party is an irreconcilable enemy. Will there be any conspiracy when he suddenly appears to buy stocks? Is the stock price of the Earl sector falling to the bottom and about to rise?
However, this suspicion was soon drowned out by another voice: What kind of conspiracy can he have? It is the stock of the Earl of Beihai. T.k. Morgan, the kid, now sees it at a low price. Of course, he wants to buy it back.
Some are sold! Why not sell? And didn’t **oss say that before fainting. Should I sell it at any means?
At this moment, everyone has no opinions. Since the selling sound is even louder, then just sell it!
So, these traders acted quickly and sold nearly two-thirds of their stocks after falling market value.
After selling for about ten minutes, the total volume was about half of it. Suddenly, a voice shouted: "Stop, stop me! You idiots, who told you to sell stocks in the Earl sector...
Cough. stocks!?”
This sound is so familiar!
The busy trader turned around: Good guy, jp. Morgan is actually awake!
I saw him rushing over like a lion with anger with his hands, and slamming several transmitters in charge of transactions: "You have been feeding dogs over the years? You are about to welcome them.
It's so big, you're actually cutting your flesh at the bottom of the valley. You're so angry that I'm so angry!!"
After scolding, JP. Morgan's breath was rushing again, as if he was about to faint again.
Fortunately, the private doctor next to him still had two knives. After a few strokes, he finally straightened out the old man's anger.
Being scolded by Boss, these traders were depressed and puzzled: We are selling stocks by any means as you ordered. Why don’t we let them sell them anymore? And they said it would rise sharply?
Hearing his subordinates' questions, JP. Morgan gasped again, and then he said his analysis with great regret.
First, the stock price of the Earl sector fell too fast, too strong, and too abnormal in the morning, and it had entered the oversold range.
Second, the big news came out, which was a good thing for the stock price of the Earl sector.
The reason is very simple. Why did these newspapers delay the release of newspapers in major newspapers before? Isn’t it because the White House does not want the scandal to be open to the public? But now that it has been exposed, the White House will take all the measures it can take to thunder
, ordered the Benson fleet to leave San Francisco at all costs. In this way, wouldn’t it mean that the Earl of North Sea have returned to life?
Third, financial consortiums such as DuPont and Goldman are not vegetarians. They will also see these positive things that JP. Morgan can see. At this time, retail investors who don’t know anything rushed in to short the Count.
When it comes to the sector, they have little capital and weak ability to resist risks. If DuPont and other consortiums do not take advantage of this opportunity to raise the stock price of the Earl sector and strike out those poor retail investors, they are not worthy of hang out in the financial market.
Now!
To sum up, jp. Morgan concluded that the Earl sector's stock price is about to usher in a big rebound, and selling before the rebound will make you elite traders kicked the heads of the donkey!
I was taught a lesson by JP. Morgan's proven analysis. These elite traders were convinced and ashamed. Fortunately, the time was short and the stocks sold at low prices were not too many. This loss was still in JP. Morgan
Within the scope of tolerance.
"So, are you going to sell when you reach a high position?" someone asked jp. Morgan.
"Hmph, it depends on the situation and wait for the signal... When will Benson's fleet evacuate, it is the time for us to sell and leave at a high price!" jp. Morgan said confidently.
"Why?"
"The reason is very simple. DuPont and others still hold short futures. As long as Benson's fleet withdraws, they will catch the matters related to the disappearance of the warship and suppress them all the way. At that time, the stock price of the Earl's sector will be the first to be released.
It will still fall all the way!" jp. Morgan said confidently: "This rise is just a short-term behavior! It's just an opportunity for me jp. Morgan to get out of the trap! Hahaha!"
jp. Morgan stopped his subordinates from selling stocks in the Earl sector. Far from San Francisco, Morgan also smiled and asked his subordinates to stop: "It's already pretty good to buy a half percent of the share, although I don't know what's going on there,
But jp. Morgan himself was frustrated and gave me so many stocks in vain. The ending was already satisfying me!"
jp.Morgan's analysis was very accurate. Before the New York Stock Exchange closed in the morning, the White House held an emergency press conference. At the meeting, President Harrison severely condemned Benson's misconduct. He emphasized that Benson blocked the San Francisco Seaport and
The White House had nothing to do with it, and he pulled out the Secretary of Defense, and ordered Benson to be removed from the position of "the head of the US West Coast Navy" and formally required Benson to evacuate from the San Francisco Trade Harbour within 24 hours without any conditions!
Let’s not talk about whether this order can be effectively implemented, but the signal it brings to the masses is: the Earl of North Sea will survive and will not be too unlucky to the end for the time being!
As well, the stock market also reversed with the wind. The stock price of the Earl sector, which had been falling in the dark, not only stopped falling, but also suddenly jumped upward. The overstood that JP. Morgan and DuPont have been waiting for for a long time.
Rebound'.
To be continued...