God of stocks chapter 396
Chapter 396 Liquidation and Reentry (3)
The stimulus package from the US was unconventional. As a stimulus plan to save the economy by refunding up to $600 per household, it contained the content that money would be inserted directly into the people’s bankbook.
Unlike various indirect policies, the policy of directing money to the people came to the market unconventionally, and the reaction was immediately reflected in the market.
The US has soared in stimulus packages, and policy analysis has poured out that such a stimulus package has a greater effect than any other policy. Korea also started with an increase of over 2% due to the influence of the United States.
However, unlike the United States, the downtrend that it made for two days played a role in limiting the rise.
The index, which was close to the 1,550 line, rose to 1,546 and fell to 1,525.
And the next day, it looked the same.
The index, which had started rising to 1,544 to challenge 1,550 again, fell to 1,504, giving the market anxiety that it might break 1,500 again.
It seemed that the strong stimulus measures of the United States were nothing more than stories of other countries across the sea.
Kim Hee-yeol, who was taking a break after liquidating the loan transaction, was eating a snack in Lee Sang-hoon’s office. He talked to Lee Sang-hoon as he watched the news of ominous stories pouring into the market.
“I think this is going to go down again? Is not it? Do you think you will fall for it?”
Lee Sang-hoon sighed as he watched Kim Hee-yeol, who has been rolling and rolling from work until now.
“I have to do anything because of you. It’s very confusing whether this is my office or your office. Why don’t you just go home if you have nothing to do?”
“Make it your office. That way, it’s fun to come to play. It must have been my office. Then there is no fun coming like this. And I told you last time. When I go home while the sun is floating, my mom is worried. I know how to play.”
“Why did I bring you… … .”
“Aren’t you comfortable with me? You even buy and sell. Then the head will fall off? I take care of all the complicated things, so I plan a strategy. is not it? I feel comfortable.”
“It is. You are right. I agree that you are comfortable with it.”
As Kim Hee-yeol said, because Kim Hee-yeol was there, Lee Sang-hoon could only catch the big trend and leave it to Kim Hee-yeol. If it wasn’t for Kim Hee-yeol, he had to catch the trend and even trade, because he wasn’t confident to do better than Kim Hee-yeol.
“By the way, what are you really going to do? Are you going to let go of your hands like this while you climb to 1,600?”
“You said you were waiting. It won’t collapse like this. There will be an opportunity soon, so you don’t have to think too quickly.”
“When will it collapse?”
“It collapsed once, and now you’re trying to protect it. And keeping 1,500 at the closing price seems like a willingness not to give this place in the end. Then it will rebound once. After a fierce struggle, we wait for the bounce back. It’s like a cement tool, so it’ll bounce vigorously even when it bounces.”
“It’s really easy to speak. So, when it rises, it hits again and waits for the index to fall? How far do you think you will go this time?”
“Well. Let’s grab that later and think again. To think about that, I haven’t figured out yet.”
“Oh yeah. It’s amazing. Every time I see where this confidence comes from, it’s amazing.”
Lee Sang-hoon responded with laughter to Kim Hee-yeol’s words.
The reason Lee Sang-hoon spoke so confidently was nothing else.
It was because there was no change since the book predicted the collapse of the index. If something changed or the flow had turned, it would have been clear that the book had spoken first. But the book hasn’t been told anything since then.
Then there was only one reason.
‘Maybe it means that the direction did not turn.’
After a downtrend, it moved sideways and fell 2nd. It was the pattern Lee Sang-hoon thought.
I thought that the pattern of sideways and soaring after the rise, which comes out well in the bull market, is reversed.
“How about the Aiming House?”
“It’s an upper limit again. What the hell is this? Hojae keeps coming out. A few days ago, the government said that it was investing in alternative resources, and today it was selected as a future new growth engine company selected by the Korea Resources Corporation. The selling quantity is dry. It might go up to 5,000 won directly like this.”
“I told you to keep in mind up to 10,000 won? I’m sure I’ll hit it up to 10,000 won somehow.”
“I think so too. I don’t think it would be strange to go to 10,000 won with this strength.”
“We can proceed this time as well as last time. All you have to do is play the role of holding the stock price in preparation for an unpredictable decline. More than that, I’ll do it elsewhere, so don’t worry.”
“If we knew it would go up like this, would we have invested? When I was about 2,000 won or 3,000 won, I didn’t think it was so regretful, but now I think it’s a little regretful.”
Regrettably, it was Kim Hee-yeol again. It was a company that was at the edge of 1,000 won, so if I went to 10,000 won, I thought it was a pity to think that I could eat ten boats in a seated seat.
Unlike Kim Hee-yeol, who regretted that, Lee Sang-hoon shook his head firmly and said.
“no. I told you. It is a company that will be photographed if you touch it and increase profits. I told you before. Even if I earned a thousand won, I told him, but it is human psychology that other people can’t endure the two thousand won. Especially those who think they are great are worse… … . Besides, Aiming House was a company that we couldn’t even get into if we touched it. You don’t have to touch it and hate it.”
“It is. However, it seems that it is a true company when it comes to withstanding oil prices like this. Oil prices are completely plunging.”
The oil price fell 17 dollars in three days, and 130 dollars was awakened.
This is because the power that supported oil prices has disappeared by the story that demand may decline due to the US recession and that speculative funds have been pulled out of oil prices.
The OPEC chairman stepped forward in response to the sudden collapse and even told the story that the supply was a concern, but it was not possible to prevent the market from falling. Oil prices were proceeding in the form of a crash following a typical surge.
“Oh. The coach team leader. Myungjin Cha and I spoke on the phone yesterday. You were crazy there?”
“Did you talk to Cha Myung-jin? What did you say you were crazy about?”
“I was worried and called to comfort me because the financial stock crash came out, but I’m not sane.”
“Why?”
“It is said that he went in again because he took more money. You said you got on water?”
“You said you got water?”
It was expected that it fell by more than 20%. It was a risky decision to endure a drop of 20% when thinking about repositioning and checking the movement with a stop loss at the 10% level, which is a risky decision.
However, it was only surprising that he had put in money again because he was not able to sustain it.
“I wasn’t that kind of friend when I was here, but I think moving things has changed since I managed it myself. How do you think about getting on the water if it’s okay or if the liver is out of the boat? The amount of water in it wouldn’t be a penny or two.”
“I wasn’t a friend who used to be overwhelmed. But you got on the water? It was an act that wanted to recover the damage somehow, but it would be dangerous. It’s especially dangerous if you climb here.”
“What else does that mean that it’s more dangerous when it rises?”
“You know from stocking, but you know what failures are easy to do when you get on the water? It means that when you step up from the water seat, you can’t organize the water in the proper seat. I have to pay attention to lowering the criticism price, but I think I caught it from the sole of my feet, so I grabbed it and hold on to increase the profits. Then, if it falls out again, the price when it rose is stuck in my head and I can’t shake it any more. It is the same pattern as it is now that it is just right to match the sheep.”
Hee-yeol Kim said, writing an impression on Lee Sang-hoon’s words.
“I am also negative about the behavior itself, but will financial stocks fall further? It’s an ambiguous position to fall even further.”
“It will rise. The US comes out of relief, throws a rate increase card, and fiddles with a rate cut card. Then it will go up right now… … . That’s why I settled the loan deal. But what’s been solved? The amount of amortization is growing every time it is announced, where it is hidden, and the amount keeps growing, consumer sentiment is not improving, and the unemployment rate is not showing any improvement. Eventually, everyone entered into a fight that ended when they were destroyed.”
“Hey. What are you talking about so badly? Isn’t it too bad?”
“It’s not bad. It’s already become a mud fight. See you. It will end only after the mud is buried on both you and I so that you can’t recognize each other’s faces.”
Lee Sang-hoon’s eyes were staring into the darkness.
***
“What are the terms of Dongseo Securities? Please tell us your terms and we will match them to you.”
Sitting in a quiet office, Lee Sang-hoon was drinking coffee. The late executive director of XX Securities, sitting across the street, seemed to want to trade with a sad smile at Lee Sang-hoon.
After Lee Sang-hoon proceeded with the loan transaction, rumors spread in the industry.
How much money he made and how much he made was not of interest to them. The fact that caught their attention rather than Lee Sang-hoon’s proceeds was that they were trying to proceed with the loan transaction again.
This is because the fact that Dongseo Securities, which had a deal with Lee Sang-hoon, collected nearly billions of fees in less than a month, attracted the interest of industry officials.
Lee Sang-hoon’s SH Partners proved that it was questionable whether it could be a new revenue generation window.
For that reason, the rumors that SH Partners is going to proceed with the lending transaction again this time, and that it is trying to increase the scale than before, the securities companies were struggling to attract SH Partners.
“The conditions are no different. Isn’t there anything you can use as a condition? It’s a good idea to see interest in decimal units, but that doesn’t make a big difference. Rather than that, we are going to focus on how much you can open an account.”
“If you’re talking about how much you can open an account, are you talking about margin?”
“Yeah. To be honest, we are trying to increase the scale this time.”
“Then how about this? Margin is also margin, but increase margin call time… … .”
“no. Everything is meaningless to me. There is only one thing I am asking for. It’s just the margin. Dongseo Securities said that the margin is set at 30%. So I’m going to proceed.”
“30% margin?”
“Yeah.”
The late executive, sitting across from Lee Sang-hoon’s words, was confused and sipping the coffee cup in front of him.
The story of 30% margin means that you can trade up to about three times the amount of your owned capital, which is the percentage of margin that comes out only when individuals make unsold transactions.
As soon as the contract was not tight, Lee Sang-hoon was pushing in the margin ratio that could result in counter trading.
The late executive director was curious if Lee Sang-hoon was speaking with sane spirit. It was difficult to set the margin without reaching 30% of the margin, although it would not be possible to fall out of one shot because it touched several items.
Lee Sang-hoon said, face to face, with a comfortable mind because he knows what the late director’s gaze means.
“I can’t understand why you’re worrying, even though XX Securities can make decisions about counter trading anyway after receiving the margin.”
“Isn’t it a subordinate to the national pension’s loan margin? If we don’t have the national pension as a priority, it is worth trying. But because it’s a subordinate… … . We are in trouble if the market goes crazy and the circuit breaks upward.”
“The upper circuit? Maybe so. It’s not impossible.”
Lee Sang-hoon smiled and drank a coffee cup. If I didn’t drink coffee, I couldn’t stand the bursting laughter.
Securities companies were blinded to signing a loan deal.
It was because they made a decent return in a short period of time, and when they saw the index move around 1,500, they thought it had reached the bottom.
If you lend the stock you own through a loan transaction to Lee Sang-hoon, you can put it on your palm and look down on what Lee Sang-hoon’s SH Partners sold. If the index rose in such a state, it could create a situation that couldn’t be better than this. By the time the counter-trading came in, it was possible to enter in advance and eat the shooting from the counter-trading of SH Partners.
Indeed, the fee can be obtained as a fee, and it was possible to create a situation like a cherry blossom viewing plaque where free trading is possible, like playing poker with a hand open.
Lee Sang-hoon did not know that securities companies were thinking this way.
So, rather, they were trying to bring out good conditions by making contact with various securities companies from the position of A by using their thoughts.
‘okay. Think about it. The more I worry, the better conditions will come to me.’
Lee Sang-hoon sat relaxed and waited for their proposal. Anyway, it was a situation where the margin was made up to 30% through Dongseo Securities. As for Lee Sang-hoon, there was no reason to be in a hurry.
“I’m busy, so let’s get up first. Talk inside enough, and when you come to a conclusion, tell me.”
“CEO Lee. How long can I talk to you?”
“I do not know. I’d love to tell you a story this week. We can’t wait indefinitely. Then I look forward to a good answer.”
Lee Sang-hoon said hello and left XX Securities.
The National Pension Service said that there is no need to sign an extension or new contract for the loan transaction. They were in a situation where the margin was sufficient and they were not in a situation to recover the loan volume, so they talked in the direction of increasing the loan volume by adding the proceeds from this sale.
In the case of Dongseo Securities, it was a situation where it was tasted once, so the condition was relaxed to 30% of margin while maintaining the subordinate position.
Sang-hoon Lee headed to the office with a satisfactory balance of vehicles in his arms.
korean novel God of stocks chapter 396
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