God of stocks chapter 413
Chapter 413 Efforts to calm the situation (1)
Lee Sang-hoon also began to talk about his thoughts in a calm tone whether he expected Kim Hee-yeol’s reaction.
“I want to keep carrying it that way, too, but I think I have to prepare for the return of my investment. So, unfortunately, I think we need to clear our position once. And I think it would be better if I set the timing to arrange positions.”
“Recovery of investment? Do you really want to pay back?”
“It’s good if we don’t, but there’s no such thing as a back pro. There is nothing bad about being prepared. Rather, it’s more dangerous to be unprepared and be confused by the sudden return on investment. It’s not bad to organize when the opportunity comes.”
Lee Sang-hoon had no choice but to prepare for a sudden recovery of funds due to market anxiety hitting the world.
Chairman Tang made inquiries, and since before the start of the market, Dongseo Securities has made a call to confirm the stocks that have been traded. In the case of the National Pension Service, Lee Sang-hoon made a phone call to confirm the loan transaction.
I didn’t think it was bad for them to check this way. I thought it was natural to grasp the size and status of their investments in this situation.
However, even if it was natural, I couldn’t be captivated by what had happened. I thought that if the other person had confirmed it, there should be an appropriate response accordingly.
Lee Sang-hoon believed that Chairman Tang would not recover the funds. However, the reality seemed to go a little differently.
For Chairman Tang, 50 billion won would not be a big deal, but the financial market would be paralyzed right away, and the 50 billion money might be in a hurry.
Lee Sang-hoon thought that he needed to prepare for such a situation.
Waiting with vague faith and waiting for the sudden recovery of funds, I thought that making available funds was a way to lead the position longer.
“According to the confirmation, there seems to be no problem with the loan transaction between the National Pension Service and Dongseo Securities. MMK also confirmed with Director Cho, so MMK is not a problem for now. The problem is Chairman Tang’s funds, but now that we have not converted even 1 billion dollars into cash, there is a risk that the position will be broken if it is collected. Rather than breaking our position by others, I think it’s better for us to organize our positions and have a buffer. That’s why I try to organize it.”
“If Chairman Tang recovers the funds, isn’t it that the relationship between us and Infiniti will be broken?”
“If they don’t break the relationship, they just go. And in case that’s the case, wasn’t it that I had a relationship with MMK? It’s okay to break the relationship, it’s okay to keep it. And I do not believe that the relationship will be broken.”
There were still a lot of paddles in the pockets that I had piled up by doing the things that Joe asked for without thinking that it was bothersome. Lee Sang-hoon believed that this plaque would be used as important to SH Partners, who have not yet established strong relationships with the government and financial markets.
Therefore, I thought that even if the relationship with Infinity was broken, there was nothing seriously bad. Of course, not breaking is the best thing, but even if it breaks, we have prepared situations that don’t matter.
“Then, when is the timing to clean up?”
Lee Sang-hoon turned to the chart. Jisoo, who showed a big gap and fell off, was walking in place while killing the movement. Lee Sang-hoon laughed at the appearance of walking hungry enough to seem bored.
“I do not know. First of all, it is difficult to organize amid this boring sideways, so let’s watch the market first. As always, the timing of our cleanup is when the volume is pouring out. That way, it’s easy to organize. Instead of trying to catch the lows and highs, let’s look at where the volume bursts.”
Kim Hee-yeol nodded at Lee Sang-hoon’s words. This is because Kim Hee-yeol knew that it is difficult to organize in today’s market because he knows Lee Sang-hoon’s trading style.
Jisoo, who had the atmosphere as if he would be entering the circuit right now, was changing direction from the point of time when the sidecar was caught.
Although foreigners sprinkled 600 billion won like sprinkling money on the roof of a building, the institution bought 700 billion won and picked up all the sown and did not tolerate the decline of the index.
Defensive stocks maintained a steady and uptrend and held the index, while the index recovered market prices and maintained a subtle but uptrend due to institutional defenses that were driven by large stocks.
In addition, AIG’s self-rescue measures that came in the middle of the day seemed to stop falling at the hopeful news that Lehman’s embers would not be transferred to AIG with the approval of the US government.
In the end, the index showed a recovery of 1,400, but the deadline was 1,400, ending at -6.1% of 1,387.
It ended with the appearance of reducing intraday fluctuations that made all those who were waiting for the circuit or waiting for food in the event of an index crash.
Now the mayor looked at the United States and was looking for measures.
Since the ignition point of the ember was in the United States, he believed that a solution would also come from the United States. It was the only place that could end this chaos, so there was a big gap drop, but that’s why it seemed that there was no further movement.
“When do you think the timing of the cleanup will be?”
“Honestly, I don’t know. It could be tomorrow or it could be just a month later, and no one knows. But it doesn’t seem to take that long. As you can see, if the fluctuation dies like this, isn’t it nature’s order that the fluctuation will burst next? But what do you do in the office? Are you not going home? I’ll put a bed here later.”
“I’m still thinking about it. Now it is more comfortable here than at home. Better. I’m thinking about bringing all my luggage here.”
Maybe because there are only two of them in the office, it was Kim Hee-yeol, who is lying on the sofa and eating snacks. Then Lee Sang-hoon looked at Kim Hee-yeol and kicked his tongue.
“Aren’t you even dating? Do some dating. Running out of money? Then just talk. I’ll pay for the date. Please go anywhere.”
“Date? I’m with you. I felt very jealous of Yunseo these days, but I am grateful to Lehman for being so polite.”
“It’s fucking damn.”
Lee Sang-hoon threw the cushion next to him toward Kim Hee-yeol, who was lying down, and Kim Hee-yeol smiled and took the cushion and hugged it in his chest.
The two were checking the U.S. market, even delaying work because the market was changing rapidly.
“The exchange rate seemed to break through 1,200 won sooner or later. Crazy. It ended at 1,160 won today. I’m curious what the world will unfold after 1,200 won. All the companies that have joined Kiko should be considered dead… … . Oh. In the end, Tae-eun filed for LCD bankruptcy. After a month, they will start selling. So, to run a company, you have to have all the people you don’t need. Does it make sense that there was no financial expert? Ugh. I don’t know how much money it costs to spend one person, so I don’t know if I saved it.
“The exchange rate is now out of our hands. Reporters at the Blue House gathered up today that they are prepared for the fund run and the currency market is all under government control. Who believes that? It’s like waving your hand while looking at the bus that has already left. The financial markets have left the government’s hands. Rather, it is in the hands of the United States. And I’d rather not do anything to help. I’m worried what do the young ones. ”
It was an exchange rate that had already laid down the point of 1,100 won and ran upward. Even when it broke through 1,000 won, the press, which shuddered saying it was a year’s rise, was on the verge of trying to increase the exchange rate.
“Start.”
As if watching a sports broadcast, they grabbed snacks and watched the US market start, and they lost a word to the crazy moving US index.
The US plunged and swelled repeatedly.
In an instant, the Dow index dropped 200 points and then 300 points were rising. The 1% volatility was ridiculous in a single story from the United States.
“Ugh. Crazy market. The U.S. index is also a complete dog.”
“It’s because the volatility has burst. My country will probably run crazy too. You have to be alert for a while. If you don’t, you’ll get messed up and get beaten up and down. Okay?”
“do not worry. Volatility has already been adapted to the operation week. Anyhow, will the index volatility be only the volatility of dog food stocks? Believe in me for the sale.”
“He speaks smoothly. Stop eating it. Let’s go home.”
Lee Sang-hoon left the room, grabbing Kim Hee-yeol’s arm, who had already piled up trash on the table.
It is said that the words are nasty or that I will be alert, but Lee Sang-hoon believed in Kim Hee-yeol. As he said, no matter how much the volatility of the index exploded, he agreed that only the theme stocks Kim Hee-yeol touched and played with.
The US index did not make up for the decline on the previous trading day, but it ended with significance that it stopped falling.
Accordingly, Korea also showed a large increase.
It started with an increase of more than 2% from the market price and recovered to the 1,440 level at one time during the week, showing cheers for the rise of the US.
However, it seemed that there was still no firm belief in the direction of reducing intraday volatility while still floating in the gap.
And a bad story broke out again in America.
Despite the decision that AIG would receive a $85 billion bailout from the federal government, the mayor seemed to be looking for a batter after Lehman.
Even though Merrill Lynch and AIG, who were evaluated after Lehman’s next, showed their passing, the mayor was looking at the market with full of curiosity about who was the next hitter.
At the story that Morgan Stanley will release earnings earlier than expected, the market has doubts,’Then, Morgan Stanley? I stamped it saying that it was going to be.
All three major stock markets in New York fell over -4%, breaking through all lows lightly.
Lee Sang-hoon gathered the staff early in the morning.
“Today, when a black stick falling to the low point made yesterday comes out, we will organize it. As usual, we will only clean up when the amount of water on the black is burst, so please check and organize.”
“Organize?”
“Yeah. What should not be forgotten is the condition of the rod. No matter where the cigar is caught, there is no arrangement when the beekeeping comes out in preparation for the cigar. Keep in mind. It is black.”
As the US stock market collapsed, it was predictable that a test for the low would be made. However, the employees could not easily agree with Lee Sang-hoon’s judgment.
“If the war floor collapses, would it be possible to come out further down?”
“I can’t help it even if I come out downstairs. Let’s brush it up and clean it up. I think I have to make up the available funds and organize them.”
“Then are you switching?”
“no. I’ll settle again and hit the sell-off.”
“Sell again?”
The employees’ eyes shook. It was SH Partners, which first made short selling and lending transactions when it tried to break through the past 1,900. Half a year passed, but I was wondering how far Lee Sang-hoon was looking at Lee Sang-hoon’s still insisting on the downside.
“Where are you going to enter again?”
“I think it’s around the late 1,400s. If it rises. If you don’t go up, it’s a pretty horseback story, but I think it’ll be roughly that way.”
“CEO. I’m sorry, but what’s the basis?”
Lee Sang-hoon turned the chart on the screen upside down.
“In the downtrend, there is a story that asks you to turn the chart upside down. I think support for 1,500, a point that was so hard to break in July, has now turned into resistance. The 1,500 broke and fell down in no time. The 1,400 section that goes up in an instant is like an empty place, so it will be easy to climb. But 1,500 seats aren’t easy to penetrate. Target there. We clean up and wait for that section to come.”
“Isn’t it too simple? Isn’t it possible to twist it once?”
“It’s good to see the index simple. There is a high possibility that all the subjects of the market will come in and move to textbooks to make. Let’s go simple. Today, I was talking about the assumption that the dark is falling, so let’s first check that the assumption is correct.”
Lee Sang-hoon shared his plans with the staff and ended the meeting.
In fact, it was Lee Sang-hoon’s one-sided communication, embarrassing to say that it was a meeting.
However, Lee Sang-hoon thought that he had to hold the center and lead people to move in unison in the current situation.
If it was a general company, it was possible to reconcile disagreements by listening to the opinions of many people and hearing their opinions and reasons for them.
However, it was not possible in the case of trading places like SH Partners. I thought that only if Head had a plan and dragged it, there would be no other employees who had different thoughts and would behave wrongly.
Hee-yeol Kim chased him to the office and expressed his opposition to Lee Sang-hoon’s opinion as always, but Lee Sang-hoon followed Kim Hee-yeol in simple words.
“Listen to the payer.”
Kim Hee-yeol couldn’t say anything to Lee Sang-hoon’s words, and went back to his seat to prepare for today’s trading.
The KOSPI started with 1,400 broken, returning all the gains on the previous trading day to the US plunge in the early morning.
The index, which started at 1,385, was unable to withstand the sell-off of foreigners from the beginning and eventually began to draw a black bar.
“We will organize according to your plan.”
It was Kim Hee-yeol, who followed up to the office and conveyed his opposition, but when he was working, Lee Sang-hoon’s plan was faithfully implemented with his hands and feet.
It has been less than 10 minutes since it started, but the index collapsed without help by foreigners who are already pouring out nearly 200 billion in sales.
As always, SH Partners was taking the pouring sell off to buy.
“Osung Electronics is trying to break the 505,000 won seat that took 1 million weeks last time.”
Sanghoon Lee hastily checked the Ohsung Electronics chart.
An incident similar to the accident broke out at the point where he tried to raise the index before Chuseok. And now Oh Sung Electronics was about to go down through the accident.
korean novel God of stocks chapter 413
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