God of stocks chapter 394

Chapter 394 Liquidation and Re-entry (1)

“what is this?”

Kim Hee-yeol looked at Lee Sang-hoon with a confused face. Lee Sang-hoon only looked at the screen without saying anything with arms folded even in Kim Hee-yeol’s gaze.

“What should I do? 1,500 broken, so shall we liquidate?”

“no. Leave it alone. Watch with the idea of ​​liquidating at 1,500 under unconditionally.”

“What if I keep climbing like this? I wonder if it would be better to liquidate even now.”

“If you climb, just let it rise. Because it is due today, it seems that Jisoo can’t wake up right now. And we don’t liquidate while chasing from the climb. The same goes for liquidation, just as it did not follow from the falling spot when entering the sell. It doesn’t follow.”

The index continued to rise with the face of not tolerating the decline. Lee Sang-hoon was curious about the subject that created this situation.

“Where are supply and demand coming from?”

“It is a one-sided buying trend of the program. Foreigners are selling slightly, and the institution is watching and watching, while only the program is buying and raising the index upward.”

“What about the individual?”

“Individuals are also selling under the government tax.”

Lee Sang-hoon nodded as he heard the direction of the supply and demand.

“The expiration is also due. It doesn’t seem to decline today. It seems like I decided to increase the index by controlling the program as a gift.”

“Then should I let go of my hand like this? I’m so sorry. It’s good to see 1,500 awakening just to see and let go.”

When 1,500 was broken, Kim Hee-yeol looked at Lee Sang-hoon with a bleak expression as he decided to liquidate the position he was holding. It felt like my tense shoulders and fingers were released in an instant.

“It can’t be helped though. It doesn’t work for me to follow the direction of the index.”

If it’s a small amount, it’s an action that can be performed with the mind of making quick judgments, but there was too much to be done right now. Lee Sang-hoon was reluctant to hit it with his determination, as it could be a situation that puts an anchor on a ship by hitting it with his determination.

“What if it goes up like this? What if it goes up?”

“Even if you climb from this position now, it is only a temporary appearance, not a turn to ascent. And even if we turn by ascent, it gives us enough time, so let’s watch it. You don’t have to be in a hurry.”

“Hey. After all, it seems that he would not tolerate the foot superb night. It keeps climbing.”

Before the start of the market, the foot, which had been running crazy with the free, started to get stubborn.

Since I saw up to 1,470 on the Dong-Hong-Ho Price, even the foot located at the bottom was excited. However, as the index was raised just before the start of the market, the foot that could not keep up with it, the premium to the index rising with the beginning of the market disappeared like a spring snow melt.

But it wasn’t that the Coles were hilarious. As if the premium that had been attached to the call so far was about to find its place, the premium fell all the way down even though the index rose.

“Also, the 1,500 level of the index is showing a strong figure. It shows a strong determination not to turn the trend downward.”

“As the decline in oil prices and the fear of the exchange rate that have been weighing on our country are disappearing, there is a lack of justification for continuing downward. As the index has now confirmed 1,500, it seems safe to think that the decline has reached an end to some extent.”

Experts on TV, reports from securities companies, and stories heard through messengers all said that the downside tax had entered the final stage.

The idea that today is the maturity and the event of the maturity day seemed uncomfortable.

As expected, the KFTC’s interest rate decision was decided by interest rate freezing. The direction of future interest rates also seemed to hold back the judgment by saying that a hasty judgment could not be made yet.

As the issues that could shake the market in particular disappeared, the index began to rise again vigorously.

The index, which started at -1.3%, raised to the consolidation right before lunch began, and eventually brought the index to the plus level while the lunchtime trade slowed down a bit, proving that the U.S. crash the previous day had no meaning on the expiration date.

Lee Sang-hoon was sitting alone in the office and looking down at a ticket.

[Results of the June Consumer Prospect Survey by Statistics Korea]

Around lunchtime, the National Statistical Office released the results of the consumer outlook survey, and the vote was held in Lee Sang-hoon’s hands.

“The consumer expenditure index fell 15 points from the same month last year… … . Consumer evaluation fell by 30 points? It fell from 90 to 60? If you say that it is 90 degrees lower than the 100 standard, but you get 60 points, what is the situation now?”

The National Statistical Office’s announcement was approaching a shock beyond gruesomeness.

“If this was the announcement in the US, it would have been an uproar, but is there no place to talk about any one?”

In the case of the US Consumer Expectation Index, it was a highly destructive indicator that showed the effect of putting the market on and off as a three-star index. However, in the case of Korea’s consumer expectation index, no one knew it, and the announcement was hidden so deep that it would not be possible to know unless you visit the National Statistical Office directly.

So there were few people who were interested and the reality was that they didn’t show interest.

However, the content of the presentation was by no means easy to see.

In particular, since the National Statistical Office quantified the consumer’s expectation index for the future economic situation, its value was more reliable than others.

“After all, the average consumer sees the market badly… … .”

Lee Sang-hoon circled the index based on 100 and the index for the economic index fell to 40.

“It means pessimistic… … .”

We analyzed the table by underlining the areas where consumer spending and expected returns on stocks and bonds fell by nearly 20%.

While Lee Sang-hoon analyzed the consumer prospects survey, Jang ran toward the deadline.

The number of programs that continued until the close of the market exceeded 300 billion won, and through this, the index quickly crossed the 1,530 line and closed at the 1,540 line.

It is natural for Dong-Hwa Ho to break 1,500 at the time before the Jang, and to what extent the index would retreat was a concern. However, in just a few hours, the situation changed dramatically. The index was hit with a beekeeper from the bottom up and finished with a test of 1,500.

In the closing news, news continued to pour out that the index had bottomed out through program gains and non-arbitrage buys through a solid basis.

Voices resounded in the market, evaluating that the market was taking a sigh, and hoping for a recovery in valuation through overcoming the worrisome situation.

However, behind this news was the news that foreigners went on to sell for the longest time in KOSPI history and sold 6.7 trillion won for 24 days.

Rather than paying attention to foreigners selling 6.7 trillion won, the market cheered that the program had bought 300 billion won, and began to talk about whether it should be timed to buy from now on thinking that the bottom was finally reached.

“Because the 1,500 under you mentioned came out, shouldn’t we also organize it now? If tomorrow comes out, would you like to organize it?”

Hee-yeol Kim was also talking about the voice of the mayor. The worries that the market situation might change drastically seemed to make him impatient.

“If you watch a little more, you will be able to organize at a better price than you are now, so you don’t have to be so impatient.”

“A better price than now? No matter how much you look at it, it looks like you’re caught on the floor?”

“I have never been caught like this when I was caught on the KOSPI floor.”

“But it was built on the floor with a long pole. It seems too difficult to look further down here.”

“Well. Is it so?”

Lee Sang-hoon looked at the consumer outlook index on his desk and shook his head. Lee Sang-hoon thought that turning the market into a situation where consumers’ expectations for the next three months go down without knowing the bottom.

However, even on the next day, the index rose and showed a real bottom line.

“It was up close to 2% today. I’m going to see 1,570 already. I think we missed it.”

“Why are you doing so much? Look for a long time.”

“But it’s because I’m sorry. You said 1,500 under was also right, and everything you tried to organize on the spot was also right. How regrettable that you couldn’t organize? How much is this in money? Billions seem to have been missed in two days… … .”

The index rose vigorously despite the story that oil prices rose close to 5% and broke through $140 again.

It seemed that the view that the bottom line may have been settled rather than the rise in oil prices is turning more strongly among market participants.

The fluctuation of the exchange rate also showed stability based on 1,000 won, so it seemed to add strength to the word’bottom’.

“The talk of remedies for mortgage companies also circulated in the middle of the day, helping to increase the index. I don’t think the US is also going to run down?”

“I said the floor doesn’t get caught this way. And even if the seat is on the real floor, it will drop once more as a test. It may fall and break the previous lows or not, but let’s clear it up then.”

“Really? Are you really coming down again?”

“Come down again. See you.”

Lee Sang-hoon smiled and confidently turned the papers on the desk with his fingers.

Over the weekend, remedies for the two major mortgage companies were reportedly announced in the United States. The government tried to alleviate market concerns with a remedy to provide liquidity and funding in two places.

However, despite the US government’s remedy, concerns did not subside. This is because fears of bankruptcy at large banks and the crisis of Washington Mutual, the largest US lender, covered the remedy.

The index closed due to mixed taxation, and oil prices rose to $147 on news of concerns over supply and demand due to a strike by Brazilian crude oil companies. The $147 price was the highest of all time, exceeding $145 before the last decline.

Inflation concerns, which had disappeared from the market last week, began to rise again as the highest price in oil prices was renewed.

In addition, news came out that the US mortgage bonds held by Japan’s three megabanks amounted to 4.7 trillion yen, and concerns began to spread that if the US collapses, even Japan may collapse.

The mortgage problem in the United States is no longer a problem for the United States alone.

Accordingly, a meeting hosted by the Vice Minister of Finance was held over the weekend.

“How much do you say our country has?”

“There is a story of 300 billion and another story of 700 billion.”

“Is that something that can’t be confirmed?”

“It seems that the domestic banks were not able to accurately grasp while investing.”

“Are you saying you don’t know what the investing party invested?”

“Yeah. It’s a sad reality, but we don’t know if the bonds we hold are also linked to mortgages.”

“It’s not unfortunate, it’s ignorant.”

Lee Sang-hoon sighed while looking at the summary of the news that came out over the weekend. On the one hand, I was envious of the confidence of investors who were confidently telling the story that they did not know where they invested while investing tens of billions.

“If money is not the same as how much money, you may not know whether you are telling this story with confidence. What happened to the finance ministry meeting over the weekend?”

“They talked about securing liquidity and having to be cautious in determining interest rates to stabilize prices. It is said that they gathered opinions that there is a high possibility that inflationary anxiety will increase in the second half… … . Wouldn’t this be fiddling with the interest rate card again?”

“I won’t be able to easily take out a rate increase card. If you take it out by mistake, inflation may not be the same as inflation and only the economy may stagnate. Government officials will not be so ignorant.”

Lee Sang-hoon said with the thought that he should do that, but the answer that came back was an unexpected story.

“CEO. I don’t think so. The Vice Minister of Finance said that if inflation rises significantly, it can cause economic instability, such as demand for wage increases.

“Crazy cubs.”

In the end, Lee Sang-hoon couldn’t take it and scolded him.

“Are you saying you’re going to touch interest rates to prevent wage increases?”

Hee-yeol Kim also said, looking at Lee Sang-hoon, surprised.

“No matter how pro-business-oriented government, there are things you can and shouldn’t say, but I don’t know how serious the words are, and I don’t know why they tell the media about this.

“Shall we finally decide to raise interest rates?”

“If I talked so far, I don’t think I can rule out the possibility. What will happen if the interest rate increases?”

“From the government’s point of view, it seems to me that this is the trick to catching both the exchange rate and inflation. Wouldn’t this raise the interest rate and the whole economy would be stifled?”

“The exchange rate is that they say they are going to implement a high exchange rate policy, and what exchange rate they will set? … . CEO.”

Lee Sang-hoon simply listened silently to the stories that each gave their opinions in the conference room. All were pessimistic stories about government policy, but the government seemed to be thinking differently than this one.

“We do what we do. No matter what policy the government implements or how the surrounding conditions change, we aim to liquidate the lending transaction at 1,500 under and prepare to respond. Don’t let go of the tension with the mind that 1,500 could be broken today or tomorrow. And… … .”

Lee Sang-hoon looked at Kim Hee-yeol.

“How is Aiming House going?”

“It keeps going sideways. how… … . Shall we hit it up once?”

The story of oil sands once went through the market and calmed down. Aiming House was settled at around 2,000 won and seemed to be looking at the attention of the surroundings without rising or falling.

“no. You don’t have to. It’s not our job to upload. We just need to hold it and hold it. I’m glad I don’t have to do both at the same time, though.”

It would have been a headache if the liquidation of the loan transaction and the work of Aiming House were overlapped at the same time, but fortunately, Aiming House was silent, and it seemed that he could only pay attention to the loan transaction.

“Then let’s focus on the market.”

We ended the meeting by saying to watch the start of the week as we ended the meeting.

korean novel God of stocks chapter 394

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