God of stocks chapter 414

Chapter 414 Efforts to calm the situation (2)

The market stopped momentarily when I tried to break through the 1,400 points again and crush the 1,400 points.

The incident that caused the market to stop momentarily, and the selloffs after that. The incident that made them rush toward the rise at once while receiving the cheers of the buying trend. The incident that made everyone check if the screen they were watching was wrong. However, the case where no one ever told the truth.

Oh Sung Electronics was the protagonist of the incident.

If it were the top-ranked stock in Korea’s traditional market cap, it was once a place boasting a large body that occupied up to 30% of the total market cap of Korea. Oh Sung Electronics continued to decline in the bear market. There were some poor performances, but there were some that continued to decline due to the market atmosphere.

When Ohsung Electronics continued to decline and stepped up with the market, it took 1 million weeks at a time for 505,000 won, which gave the market confusion.

In terms of the amount, over 500 billion won came in. It would be surprising if it took 1 million shares to buy, but it was understandable that the market stopped momentarily because 1 million shares came in at once and blocked Ohsung Electronics.

Not only ordinary investors, but also institutional trading rooms fell into chaos. This is because I was wondering where in the Republic of Korea it would be possible to bet 500 billion won on the hogai window at once.

Some even suspected that there was a problem with the exchange. It meant that it would take 1 million weeks due to a system error.

However, the exchange announced that there was no problem with the system, and indirectly admitted that 500 billion dollars of money was entered into one stock at a time.

At that time, the index, which seemed to be pouring down after 1,400 was broken, stopped at an event like this accident and made me think again.

Market participants all thought the same thing that there is only one place in the Korean market where one million shares can be staked at a time.

And the market judged that the influence of the power of that one place on the market was enormous, and that there was no choice but to follow the judgment there. Oh Sung Electronics’ price of 505,000 won was an unconditional award, and as much as they thought, they could not contradict their opinion.

As a result, the market quickly recovered 1,400 and the index continued to rise until Chuseok.

They can shoot 500 billion dollars at once.

At the time, Lee Sang-hoon, by any chance, called them to confirm. However, instead of laughing and saying no, they answered by asking if Jisoo should be left out at the time before the Chuseok holiday.

The wire that was made like that was broken today.

“I go well and make sure that the same ignorant air volume as last time comes in. If they come in, we may not be able to liquidate. We focus on Ohsung Electronics.”

As Kim Hee-yeol also knew, he focused on liquidating Ohsung Electronics and continued the liquidation.

However, they were not betting the same purchase as last time.

“Hey. Last time I entered, it was terrifying, but today it seems like it just goes smoothly.”

Kim Hee-yeol approached Lee Sang-hoon and said in a small voice.

“Because the situation is different from then and now. It was before Lehman burst, and now after Lehman burst. You can’t stop the index by shooting 500 billion won in one stock at will.”

“How much money does the national pension have? How did you think about shooting 500 billion won in Ohsung Electronics alone, not in the entire market? Wow. At that time, it took 1 million weeks, so it is still vivid to see that the market suddenly stopped and ran away. Foreigners also poured out and ran away after seeing a million weeks. There is no real national pension. cool. It’s just a straight life that doesn’t look left or right.”

“We cannot go against the will of the national pension in the Korean market. You know just by looking at us. From their point of view, it’s not a place to worry about just snotting, but the investment that we have received so far is 200 billion. How much would you do with direct trading if you invest that much in such a small place as a consignment investment? It is not useless to say that only the amount invested in KOSPI is 120 trillion.”

“It’s a terrifying place anyway.”

After a short conversation, Kim Hee-yeol encouraged the staff again.

Jisoo was drawing a black bar, breaking down the previous 1,370 units. More than -4% fell, and the 1,400 position seemed to be no big deal.

However, Lee Sang-hoon’s eyes began to see something different from the last crash.

‘There is no item with a lower limit.’

Most of the sectors were collapsing to the extent that the falling stocks were 6 times the rising stocks, but strangely, none of the stocks entered the lower limit.

If it showed a drop of more than -4%, it wasn’t unusual for small-cap stocks in some sensitive industries to hit the lower limit.

However, the index showed a different appearance from the usual plunge, so that the stocks that entered the upper limit were 4 stocks.

“Let’s get things organized. Focusing on where the foreign sales tax comes out.”

At the direction of Lee Sang-hoon, Kim Hee-yeol made a circle with his fingers and moved quickly to liquidate more quickly.

As such, all employees moved quickly, and SH Partners was able to liquidate all of the stocks they were holding in just an hour before the deadline.

“Whew~ I’m glad. It was easy to go thanks to the pouring out of counter-trading from bank stocks.

Banking stocks today also started counter trading with an industry average of more than -6%. The quantity that had been held in 1,500 units was shaken out and the quantity was poured out, and thanks to that, SH Partners was able to pick up the quantity without much effort.

“The coach team leader must have stolen the quantity. I boasted that I got on the water well in 1,500 cars there, but as you said, I would have cried when the counter trade broke out today. I cry even if it’s like me. How much money is it.”

“If you couldn’t cut it when it rebounded, you would unconditionally trade against it. And if the scary thing about counter trading is cut off, the loss is confirmed and recovery is impossible. When it falls, it takes -10%, but when it rises again, it takes 11%, not 10%. If that accumulates, the account is broken enough to be impossible to recover.”

“Look at me. That’s that shit again.”

Kim Hee-yeol pointed at Lee Sang-hoon’s office as he watched the chart on the screen fluctuating.

The index, which had fallen by more than -4%, suddenly started to bounce upward from 2:20. It seemed to me that it was artificial to raise the index by focusing on the top stocks in the market cap.

“Even if you don’t see that, it’s a pension fund. Whamma. I guess they’ve been waiting for this time all day. Wow~. Keep going up. It’s ridiculous.”

“Well, if you’ve decided to raise the index, it’s not a bad strategy. This will be the index management. If you come in the middle, you have to be beaten and fight, but when you get into the last minute, you can grab your head without fighting and put the index wherever you want. I think I will use that method habitually if there is a drop for a while.”

“Is that okay? If I go later, I think some people will come out waiting in the futures or option positions according to that timing… … .”

“I will. Or rather, on the contrary, the guys who believed that the pension fund would come in could plunge downwards aiming at the back of the head… … . But it won’t happen today. It climbs well.”

It was an index that quickly passed the market price.

Jisoo, who had fallen out with a big gap down, was drawing a black and now he was trying to draw a bee. And it ended at 1,392, closing above the last low price.

The low was updated, but it was higher than the previous low in the closing price index.

I ended in an ambiguous position even though I thought I woke up and kept it.

***

In the end, the US Treasury Department came to calm the US financial crisis.

The US stock market soared after reports from CNBC that Treasury Secretary Henry Paulson is in person and is pursuing the establishment of an organization to buy bad debts from the financial sector, which has been in chaos.

In addition, the US Treasury Department announced that the FRB and six US central banks will provide a total of $250 billion in liquidity to break through a market that was blocked by the Lehman crisis.

The announcement of the US that it would pour hundreds of trillions of money into the market in a short period of time with Korean money had the effect of raising the stock market, which was likely to fall below.

And KOSPI opened at 1,441, which rose 48 points, as if responding to the surge in the United States, and broke through the 1,450 line by walking to the upper sidecar. It was an index that talked about the collapse of 1,400 on the previous trading day, but it broke the 1,450 line in just one day.

One hour and 50 minutes after opening, the upper sidecar burst. Now, whether it’s going down or up, the market is adapting to the explosive volatility so that it doesn’t make a fuss even if the sidecar is caught.

When the US stock market security policy came out, China also came up with a stimulus package for the stock market. China’s Shanghai stock market surged 9% on the same day thanks to the Chinese government’s stock market stimulus.

The collapse and the whole world came out together, but all the stock markets around the world also showed a surge, indicating that the market is becoming more harmonious.

In the midst of this sympathy, countermeasures continued around the world, and the Lehman incident seemed to be turning back in a week.

Foreigners and institutions made nearly 800 billion purchases, and only individuals responded by vomiting 800 billion won.

Seeing this surge, all of the SH Partners employees wiped out their hearts.

The surge in the stock market was so scary that tens of billions of dollars could have been blown into the air in one day if the short position that was held the day before was not cleared.

And this uptrend continued for several days.

High-intensity measures from the US continued to pour out day after day, pushing the US stock market upward.

The news that the Treasury Department has agreed to guarantee the MMF for one year and that the US government has requested 700 billion dollars of public funding from Congress to prepare for an emergency, signals that the US government is preparing sufficient measures even if an emergency occurs. It played a role in stabilizing the stock market by throwing it into the market.

However, these US actions stimulated the unexpected.

“Wow~. I see it for the first time.”

“Me too. Isn’t that the wrong chart?”

“What product futures market is moving like that? With that kind of volatility, I don’t think there are a few people to bear.”

“If there is such a volatility, I think Koreans will love it a lot. Look at the Korean option market. There is no other reason to be number one in the world. I like it being fast and running around a lot, but that’s what a gift outweighs options. Crazy. I’m not sane.”

Office workers were sitting and talking looking at the oil price charts.

The oil price, which ended at $104 the day before, surged more than 15% compared to the previous day as large amounts of money were rushing due to the US action.

The story of the highest rise in history overshadowed the US $700 billion funding news. The forgotten oil prices were showing off their self.

“If you go up 16 dollars, it’s a few ticks. 1,600 ticks? If you look at roughly 10,000 won in Korean money per tick, it doesn’t mean you earn 16 million won in one day with one contract. Wow. With 100 contracts, it’s a hassle just closing and opening 1.6 billion. In the general commodity futures market, I heard that the subjects who say they roll some money are rolling 10,000 contracts. So how much do those big hands earn? Crazy. I’m not sane.”

“Does it mean that money is released to the market?”

“Well. Because the stock market is in a ditch right now, isn’t it because of the money that has lost a place to go?”

“The oil price, which had just broken 100 dollars, has risen to 120 dollars, but will it continue to rise?”

“Well. Wouldn’t it be better to ask the representative who is standing there and watching?

Kim Hee-yeol pointed his finger at Lee Sang-hoon at the employee he was talking to.

Lee Sang-hoon watched the screen with arms folded while listening to their stories. Along with the crazy beekeeping of oil prices, Kospi, which is rising even today, caught his eyes.

The index was suddenly approaching the 1,480 line behind the 1,450 line.

“CEO. This is a summary of the funds we currently hold and the available loan amounts and stocks.”

Lee Sang-hoon was handed a document.

A few days ago, after I cleared all the positions, I asked for available funds and positions that could be held in SH Partners to redistribute them again.

And the results were now in Lee Sang-hoon’s hands.

“If we subtract 50 billion won in preparation for Chairman Tang’s fund recovery and 50 billion won in preparation for an emergency, we have about 100 billion won. Here, if the loan transaction can be carried out in triplex, it is 300 billion won. If the national pension fund is added, is it possible to hit up to 500 billion?”

When it started with 50 billion won each received from Chairman Tang and MMK for the first time, the funds were doubled. If you add the investment received by signing a consignment contract with the National Pension Service, SH Partners now has the size of a medium-sized asset manager, even if it is not large.

“It came up a lot in a short time… … .”

It was Lee Sang-hoon, who still thought it was insufficient.

When it goes well, it is said that the investment amount should be increased. It is said that trying to protect the funds when it goes well is the secret of the sewage, reducing the money when it is not possible and increasing the money when it goes well.

“Let’s get together for a moment.”

Lee Sang-hoon gathered the employees into the conference room with the money ticket he was holding.

“1,500 is right there. It is the appearance that came up at once to the place where I was organizing and talking. Now let’s get back into position.”

“Already? How about taking a breath?”

“no. The plan is not to change. Let’s go as planned. The resistance against the 1,500 line is the visible resistance, so it will be difficult to hit and break it like the 1,400 resistance. It is beaten from the late 1,400s. Similarly we beat in beekeeping. You know well that it’s not chasing and hitting?”

They were employees of SH Partners who are now accustomed to lending transactions.

korean novel God of stocks chapter 414

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