God of stocks chapter 397

Chapter 397 Liquidation and Re-entry (4)

The index appeared to be trapped between 1,550 and 1,500.

Even though the US announced a measure to ban short selling to both state-owned mortgage companies and even announced remedies, the insolvency of large financial companies such as Washington Mutual continued to burst and held the index to rise.

In addition, the rumored large lender Indie Mac filed for bankruptcy protection in the court, and a sense of crisis spread that concerns could become reality, and the stock market was adversely affected.

However, the news that Wells Fargo and JPMorgan’s performance exceeded expectations gave hope to the market.

The index, which was likely to plummet downward at any moment, raised its head vigorously with the announcement of the results.

But it was only for a while.

When the index rises to a meaningful position, bad news comes out about where he was hiding, and put him back in place.

Every day, good news and bad news, and bad news and good news continued to be heard from across the sea. The US and the rest of the world couldn’t figure out the direction of the stock market, drawing the way it was.

After a day or two of that, the stock market gradually became dull to bad news and began to react to good news. When bad news comes out, it falls -1%, and when good news comes out, it increases by 1.5%.

In the end, it was announced that short selling to lenders, including state-run mortgage companies, was announced, and the US showed a sharp rise.

In line with the surge in the United States, Korea also showed an attempt to break through the 1,550, which had been hitting the gap from the beginning.

However, after the beginning, the index continued to flow.

Foreigners’ sales were constantly holding back the index, indicating that foreign sales continued for 37 days in a row.

In the history of the Korean stock market, I was curious to see where the sell-off of foreigners, who are setting a new record for continuous selling by a single entity, and why they are showing such unilateral selling.

The agency that had to stand on the other side of the foreigners’ sell-off was clearly showing that they did not want to receive foreigners’ supplies.

Unlike institutions that are packing their feet in the market by wrapping them up with the word pipe network, only individuals and programs were receiving foreign sales tax.

As a result, even though the US is on the rise, the Korean stock market was not able to go, and the day it ended below 1,510 continued for four days.

“Are you here?”

“What are you doing?”

“What are you doing. I’m playing while sucking my fingers again.”

“Did you check the volume of loans from Dongseo Securities?”

“Yeah. It didn’t take long to confirm, as there is not much difference from the previous one, and only the quantity has changed slightly.”

As soon as Lee Sang-hoon returned to the office, he grabbed Kim Hee-yeol and asked about the progress. With the decision not to switch, SH Partners didn’t have much work to do with the balance sheet now.

It was a series of ordinary days when the day’s routine was over, focusing on simply grasping the market situation, and sometimes the Aiming House, which is in the upper limit, was fine.

Lee Sang-hoon nodded and went into the office, followed by Kim Hee-yeol.

“How did it go?”

“I handed over the option.”

“Good job. Hey. I am dying from my heart shaking.”

“Why? What is your heart trembling?”

Kim Hee-yeol grabbed her left chest and was talking. It seemed as if he was really showing his whole body that he might have a heart attack.

“I wonder if it’s too hard. Doesn’t it seem like you’re trying to lift up the hitting right now? When America rises, Korea rises someday. We always wait until the end, and when the direction is clearly decided, it is our country that climbs or falls in one shot, but it is natural that my heart trembles because we keep looking down.”

“It’s good to lift it up. I can hit it from above.”

“no. That’s not what I mean. Why do you keep looking down? You can see above.”

“Anyway, I’m nagging someone who isn’t a stock trader… … . Do not worry about it. We haven’t entered yet, so let’s take a seat while watching slowly. Depending on how the mood improves and the situation unfolds, I can either collapse my mind that was only looking at the bottom, or take a sell-off position.”

“okay? So, first of all, the idea of ​​going to be in the 1,600th place doesn’t change, right?”

“uh. No change. It’s still going the way I expect, so you don’t have to adjust your thoughts.”

With Lee Sang-hoon’s firm appearance, Kim Hee-yeol stopped thinking of persuading him.

“okay. Well, you will do it well. Anyway, be good judge. Same thing every time, but this time it’s 30% margin. It is very tight even to the counter trading position. Last time, I caught it in the late 1,800s and the margin was large, so I had a margin of up to 2,100, but as you said, if I caught it at 1,600, and if the margin exceeds 1,700 with 30%, the red light will come on, and the margin call will start in the mid-1,700s. And when it rises to 1,800, you know that all the goods are robbed by counter trading?”

“I know better than anyone. 1,800? Ugh. Far away. You don’t have to go there, so it’s okay to leave your worries.”

Unlike Kim Hee-yeol, who is talking with a serious expression, Lee Sang-hoon had a laugh. Hee-yeol Kim shook his head at Lee Sang-hoon’s appearance.

“Hey. Are you kidding me? I think my heart is shrinking? We could blow it all away with the bank of money we created.”

“So, I prepared an incentive to take it with me before flying it all. It’s hard to give a summer vacation, but I’ll replace it with money.”

“You don’t give me a vacation? Why don’t you take a vacation? I have to have a vacation. What to do without vacation? I was just waiting for a vacation? I really need a vacation.”

Hee-yeol Kim said that he might not be able to give him a vacation, and his expression began to fall in darkness. It was an expression that had been stiff in the first place, so when I shaded it, it looked like it would dig into the ground anytime soon.

“Let’s go on vacation when it’s free. I think this summer will be more important than ever. So, I’m thinking of asking for a penalty fee for those who have kept their vacation to a minimum and booked a flight or accommodation. Let’s take turns only those who have made really important plans. And especially you and I are not on vacation. Know so.”

“Why? Why? Why do you and I have no vacations? You don’t know me whether you’re on vacation or not, but why am I not?”

Lee Sang-hoon raised his hand toward Kim Hee-yeol, who reacted violently to the story that his vacation was cut off, pointing to the door and said.

“First, let’s go out and check how much you are paying for incentives, then come back and talk. I think it would be easier to see and talk about it. If you say you’re going on vacation, I’ll let you go. Instead, keep in mind that if you choose a vacation, your incentive pay will decrease that much… … .”

“Hey. Anyway, would I give up my vacation for money? Good. Let’s see and talk about how much I put in it.”

“Okay, so go out and see.”

In the words of Lee Sang-hoon, Kim Hee-yeol emphasized several times that he could never give up on vacation and left the office. However, Kim Hee-yeol, who returned within a few minutes, came in a different form than when he left.

From a face that seemed to dig deep into the ground, the smile of an angel flying toward heaven with wings on his back was hanging around his mouth.

“It’s okay if you don’t go on vacation. Do not worry about it. If something big is going to happen in the summer, you have to prepare. And we are still young. That doesn’t mean that I have nowhere to go… … . A cool, air-conditioned office is my vacation destination. Do not worry about it. I’ll talk to the staff very well. Anyway, when there is something important to the company, you should show loyalty to the company. Because when the company goes well, I do well. is not it?”

“You don’t have to force other people to stop it. Instead, try to tune it so that you don’t miss too many people at once. And if the number of people giving up on vacation comes out, tell them that they will make sure that the compensation is money… … .”

“okay. Do not worry about it.”

Hee-yeol Kim went out and shared Lee Sang-hoon’s thoughts to the staff.

Lee Sang-hoon remembered what happened with Min Yoon-seo a few days ago.

He struck a hand at Min Yoon-seo, who made a grand vacation plan and presented a tight schedule that resembles the president’s visit.

Min Yoon-seo persuaded Min Yoon-seo with the story that this summer may be the most important moment in Lee Sang-hoon’s life in the future, and Min Yoon-seo was heartbroken, saying that he would come alone with a scorched face.

However, Lee Sang-hoon was not shaken even in such an appearance. This is because the idea that the market is likely to shake during the summer holiday season has not changed.

“Hey. All the employees also ask for money. I don’t have to worry about it because they say I don’t have to take a vacation.”

“okay? That’s great. Please tell me to do my best because I’ll be sure to reward you.”

“Okay.”

Lee Sang-hoon replaced the absence of vacation as a bonus. And he gave them incentives that he couldn’t say anything about, and he said he would pay more if they return their vacation.

It was because of the idea that giving money to the point where the worries are meaningless to those who are struggling between money and vacation is the task of erasing worries.

Lee Sang-hoon once again confirmed how the market was flowing with the setting for selling.

While Lee Sang-hoon’s SH Partners was preparing to establish itself, the stories that were pressing the market began to spit out a little unraveled news.

Citigroup announced a lower-than-expected quarterly loss, and earnings announcements that beat Wall Street estimates for US financial stocks starting with Wells Fargo reached a peak.

The announcement of good results has alleviated financial anxiety and weakened the possibility of a credit crisis recurring.

The market has begun to evaluate whether the financial crisis, which has continued for more than a year, has been sighed by the constant supply of liquidity and remedies from the FRB and the US government.

In addition, oil prices, which had pressured the market, were continuing to decline day by day.

The oil price, which fell after breaking $130, lost the upward momentum, making it difficult to see above. The fear of inflation due to oil prices was clearing as it seemed that there was only work going down.

The US Dow Index rose more than 5% for three days, continuing its upward trend, and the Nasdaq also showed intraday shakes, but it showed a steady rise to make up for the previous decline.

The domestic stock market, which was not able to rise even with the rise of the US, began to react when the Dow index regained its 11,500 line.

The index, which closed at 1,509, started higher on the next trading day with a gap of over 1.3%.

The index, which started at 1,530, climbed on both the 5th and 10th lines and rose all day as a beekeeper covering all the black bars made for several days.

In particular, construction stocks and securities stocks, which had gone out without knowing the end, showed an increase of more than 7%, leading the index.

The index, which overcame the 1,550 spots that had been beaten all at once, rose 60 points in a day and ended by surpassing 1,560.

“He and I can’t live. Cha Myung-jin called and boasted. You said the water spot was at the bottom. no. What if I like this because I’m not trading girls and I’m a little bit up?”

“It started. Let’s get nervous from tomorrow.”

“uh? What started?”

“It started raising the index… … . It is at this timing.”

“Get ready to get into the timing now? It is close to 4% today. It’s a beekeeper that eats all five black sticks made from 1,500 to 1,550?”

“So it’s going in. With this momentum, it might rise another two or three days. So it will be over 1,600, right? It goes in after 1,600. Get ready.”

Hee-yeol Kim could not agree with Lee Sang-hoon’s instructions, but first began to prepare as he said.

The next day, a sell-off against the excessive rise of the previous day came out, and it started lower at the beginning, but soon raised the index, surpassing 1,550 and closing at 1,560. They acted as if they were trying to show that the buying tax that came in yesterday was not a small buying tax.

And, among financial stocks, financial stocks, which had a relatively small increase, soared, leaving the index near 1,600.

“Would it be okay? I’m really worried if it’s okay to go in now.”

Employees who were preparing to say that they would enter if it exceeded 1,600 seemed to be worried about the same crazy rise.

This is because builders showed an increase of close to 15% over three days, and other stocks were showing a cyclical surge. It wasn’t a step-by-step increase of 2% or 3% every day, but today you’re up 7% and tomorrow you’re up 7%.

The horror of SH Partners’ employees thinking of selling the pole beekeeping alternating was beyond imagination.

Still, Lee Sang-hoon’s thoughts remained unchanged.

“That’s too bad. It would have been nice if I had hit it today, but it seems that there is still a burden for 1,600. A slight push from 1,598… … . I think it would be good if I had a long beekeeper floated tomorrow… … .”

“CEO. If that happens, the index rises above the 20th line?”

“Yeah. It’s just good. An index that broke through the 20th line falling down at an angle of 45 degrees. Beekeeping coming out there tomorrow. If you come out as I thought, tomorrow will be a wonderful timing, so let’s all go in early today and have a good rest. Because good dreams need to be dreamed for good things to come.”

“CEO.”

Employees looked at Lee Sang-hoon with eyes filled with fear at Lee Sang-hoon’s words.

korean novel God of stocks chapter 397

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