God of stocks chapter 418

Chapter 418 World No. 1 KOSPI (1)

Based on Lee Sang-hoon’s story, SH Partners expects a buying trend to come in all day today, and in the morning they looked at the market with a wait and see. And at the last minute, they were thinking of strengthening their sell position by proceeding with lending transactions for newly added funds.

Even if the Ministry of Finance knew it, Lee Sang-hoon thought it didn’t matter.

This is because I thought that I would not show the perverted obsession that checks the positions of the numerous companies in the position one by one, and even if so, I thought that it was worth holding up because it was not progressed by any contract.

And I had no doubts, believing that even if they had been harmed, they would stop at an appropriate level unless they wished for a regression to military dictatorship.

Thinking that it is more important to go out with guts like this, Lee Sang-hoon pushed with confidence.

Both the Nikkei and the Shanghai Stock Exchange fell to the dark and were breaking away from their predecessors, but only in Korea, after turning the index to beekeeping, ran toward the rise without hesitation.

The agency’s buying trend was so active that the agency’s unilateral buying appeared in the trading by subject. After throwing a certain amount of foreigners, they stepped back and watched the situation, and only individuals were holding a sell position against the institution. However, as always, individual cohesion was insignificant compared to institutions and foreigners. The sell-off was pushed back to the buy-in, and eventually the index recaptured 1,400 and climbed to the 1,410 line without difficulty.

“magneton. After 1,420 it starts to sell. Get ready.”

The index, which started at -5%, climbed to -2% after lunch break. Compared to the low, the KOSPI index increased by 50 points.

As Kim Hee-yeol quickly climbed to 1,420, which he targeted, some of the KOSPI stocks began to change into plus ones. The previous day, even though the US stock market recorded the biggest drop in the history, it seemed that Korea was going to take a different path than the world in creating a positive plus.

Medical precision has risen to the point where the stock growth rate has reached 2%, and insurance, construction, and securities are also starting to enter the plus sector one after another, which seemed to indicate a clear turnaround.

As the buying trend came in, SH Partners was able to sell the money Lee Sang-hoon received from the National Pension Service without difficulty. When he was waiting, he ran to eat and seemed to be hungry for the sell-off.

Lee Sang-hoon thought that the people who were in the morning were showing excessive loyalty.

In the absence of any improvement, the appearance of trying to change the flow at a word of the minister did not seem normal.

However, that was a story when I looked at it for a long time, and in the day trading right in front of me, the excessive loyalty produced the result that Minister Kang XX wanted.

The index, which continued to rise until the close, ended with a drop of -0.5%, as if it was unfortunate that the index could not enter the positive zone due to lack of time.

With an increase of 70 points compared to the low price, the length of the rod itself was the appearance of creating a longer beekeeping than any other rods made in recent years.

Lee Sang-hoon learned that today’s stock market shows how power is manifested when one of the subjects gathers strength. And it was predicted what the result would be when the power gathered with this one intention did not continue and burst together.

‘If I don’t get a harpoon, I get a jang in my hand.

It was an index that was forced to roll up. Even if the market turns like this, I thought that someday the current debt would add interest to the market and rush to pay it back.

The exchange rate eventually broke through the 1,200 won spot.

The exchange rate also rose without hesitation while everyone was glanced at the rise of the stock market, passing the Maginot line.

Now, only Kiko is no longer a problem.

There were talks about making money just by having the dollar that came in as export money, and in the case of importers, it was putting pressure on the Korean economy to the point that it was said that not bringing in goods is the way to save the company.

The balance between exports and imports was broken, and exports were also unable to import raw materials other than those that processed only domestic products, resulting in repeated adverse effects.

However, it was not possible to raise export prices, so it proved in reality how vain the government said that export companies would benefit greatly from the increase in exchange rate.

Although the rise in inflation caused by oil prices broke the $100 again and showed a decline, the exchange rate did not sink in the market and began to wander into the Korean economy like a ghost.

The skepticism of what kind of economic policy the Bank of Korea, which has already used the interest rate hike card, can implement an economic slowdown and inflation together, puts pressure on the market.

Despite this, the market conditions of encouraging opinions poured out that the Korean stock market showed a large range compared to the lows. Lee Sang-hoon’s analysis of the market situation made him feel that the media is being controlled.

Several stories have been told in the United States since evening hours.

The story of the US was embarrassed that the situation triggered by the bailout bill panicked the market, and that it will pass by the House of Representatives the next day, with some revisions, decorating the front page of the media. did.

Korea also recorded a deficit of US$5 billion in its current account in August, but since October has traditionally recorded a surplus, it seems that the current account deficit is only a temporary trend and is trying to tell the market with hope.

In addition, he said that the current exchange rate situation will be corrected when the US situation stabilizes, and he was making an excuse to wait a little bit as the US is trying to calm the situation.

However, the story that was hidden in this good news also flowed out. The story that Bank Run started in the United States was told with the photo.

Long lines at ATM machines and counters were released to the press one after another. In response, the US Federal Deposit Insurance Corporation (FDIC) mentioned the possibility that it could increase the deposit protection limit of $100,000 per person to $250,000, and tried to stop the bank run, but the spread of the atmosphere that had already started seemed to be spreading uncontrollably. .

“It doesn’t seem that I can control the good on the 20th.”

“It won’t work. I forcibly rolled it up like this, can you take control? Probably by now, each brokerage company is ignoring what to do with the amount of goods it has swept away.”

It was an index that was not able to dominate the 20th line, which spans the 1,450 line, and has been creating a dark bar for the second day.

As GE, the second-largest US market capitalist, was in danger, the US, which tried to bring Warren Buffett and create it as a means to save GE, to stabilize it, continued to drop its head despite the good news of passing the bailout bill.

In such a situation, there was nothing that Korea, looking only at the United States, could do.

Although the Vice Minister of Finance brought his face to the broadcast and continued the media play, he said, “If the US is revived, our country will find stability.” The market’s trust was bottoming out in a policy that leans on others.

Lee Sang-hoon and Kim Hee-yeol looked at the chart and smoked together.

“I would like to quickly collapse the all-low. Whew. Feel tired. First of all, even 1,400 won’t work.”

Despite how big the beebong was made on the last day of September, it fell down to black for two consecutive days, but the index still did not break the 1,410 line.

“What is that. crazy. Ugh. It’s just very fucking fucking.”

A story about the bank’s foreign currency holdings was passing in the bar at the bottom of the economic broadcast that was twisted on one side.

“The foreign exchange reserves are the lowest since 2006? And it is the first time since statistics were collected in 1971 that the decline for six consecutive months? Where did you guys spend all your dollars? Deliver the dollars I’ve collected like crazy for 10 years and smash them like this six months after I got into power.”

“Where would you have written it? Unless you’ve bought a fighter or an aircraft carrier, it’s obvious. It doesn’t mean that we are continuing to invest in the exchange rate market.”

“no. Even if the government intervenes and puts the dollar into the exchange rate market, it is 1,200 won?”

“I told you. That way, it can’t be solved. Of course, there was a time when it was resolved. When the exchange rate was adjusted to the overwhelming position of the government in the market until the 80s or early 90s. It was possible then. But at the same time now, will the method work then? This is what the old people gathered to drive the economy in the old way.”

“But why are you sticking to it? If the old way doesn’t work, you have to do it the new way.”

“Will it be for the elderly? People who ate at that time still ate together and made policies, but they made policies with what they knew, but couldn’t write policies with new contents. because? I remember being eaten at that time. So I push the same… … . Just look at there is no answer.”

Lee Sang-hoon talked while drinking a long cigarette.

“Since that news came out, the exchange rate may be leaving for a long time to a distant place that cannot be held. The IMF trauma has already been deeply imprinted in people’s minds in less than 10 years, but it will be harder to get dollars in the market since such a story came out. Rather than worrying about how much foreign exchange reserves are, you will probably react seizurely to the story that it has decreased for six consecutive months and that it is the first time since statistics were compiled in 1971. Crazy guys. If you want to intervene, do you make sure or do not do it, just take action? Neither this nor me has taken care of the work, so it has become this place. 1,200 won now seems to pass lightly.”

“It would be worse to close the market tomorrow.”

“Now the holiday doesn’t feel like a holiday.”

Closing the door due to the opening day was rather burdensome to the market.

And it has become reality.

In the United States on Thursday evening, the number of unemployment benefits claims, a weekly employment indicator, was reported to be the worst in seven years, and the ISM manufacturing index fell sharply on news that it was the lowest in seven years.

In addition, the $700 billion financial relief bill passed through the House of Representatives continued the decline, raising questions about whether the current situation could be pacified.

In the US bond market, yields plummeted due to the heightened sense of crisis that the worst financial crisis since the Great Depression has already spread to the real economy. In the FOMC base rate decision at the end of October, a 50bp cut was reflected in the price that could not be found in the bond market of 100%.

The expectation that taking a day off for consecutive holidays might return as poison was hit.

It wasn’t one day that went up and down one day, but two days in a row, the US plunged, and the aftermath hit at once, and the market couldn’t wake up.

“This is a KOSDAQ sidecar.”

Now sidecar sounds like a story with nothing special.

In the aftermath of the U.S. plunge, KOSDAQ opened a gap of more than -2% and opened a sidecar around 11 o’clock as news of an internet search company that decided to move from KOSDAQ to KOSPI by holding a board of directors after the close of the previous trading day.

The relocation of an internet search company that occupies 1/5 of the KOSDAQ shares was like proclaiming that KOSDAQ is only a minor market.

In the end, when it was declared that it seemed to actively stop trading on the KOSDAQ, it showed a plunge of more than -8%, and in particular, the top stocks of the market capitalization entered the lower limit, and they seemed curious about who the next move would be.

And the aftermath of this plunge was seen in the Kospi.

“Steel metal, machinery, construction, securities, transportation equipment, etc. Everything is crazy. Look at the US shipbuilding. It was a year ago that I was aiming for number one in the market cap, but now the fifth place in the market cap is also a mandang party. It looks like when the Joseonju rally took place.”

“How about the exchange rate?”

“Exchange Rate? Don’t even say it. After the announcement of the foreign exchange reserves, I’m just going crazy. It is 1,290 won. It rose 70 won from the closing price last Thursday. Now, it seems that no one can stop the exchange rate. What if the foreign exchange reserve is 200 billion dollars? He poured out 30 billion dollars in two months… … . They’re crazy. I’m just sprinkling the dollars in the air over the decade after the IMF.”

While the fear of the IMF has not been washed away from the mind, the story of the rapid decline in foreign currency reserves has been reported as fear.

If the US is growing anxiety about the real economy, it seems that in Korea, in addition to the real economy, the fear of foreign exchange reserves is rapidly decreasing.

“I finally broke my former myth… … . How do I do this?”

“How to do it, I’m loosening my finger.”

“Release your finger?”

Lee Sang-hoon was walking around the office with his phone.

He deliberately left the phone in the office and went out of the office to see what to do and then returned after closing. Cell phones that keep ringing since the morning, and later calls to the office were deliberately avoided.

Hee-yeol Kim stared at Lee Sang-hoon, who was dizzying around. Lee Sang-hoon was thinking about what he was thinking, touching the mobile phone with his right and left hand alternately, looking outward and thinking.

“I keep getting calls from the finance government.”

“The finance government is calling you? Why?”

Kim Hee-yeol got up as if bouncing off the sofa. If the first part of the financial tax investigation of the Seoul Central District Prosecutor’s Office was a deadly death, the Ministry of Finance was King Yeomla. If the Seoul Central District Prosecutor’s Office plays the role of bringing the dead, the Ministry of Finance is the place to issue judgments on those who bring them.

Kim Hee-yeol was surprised to recall that Lee Sang-hoon had been taken to a meeting of the Ministry of Finance a while ago.

“Aren’t you saying we are canceling our license because we didn’t listen to them?”

“If you want to cancel your license, tell them to do so. In any case, you didn’t know, so you took out enough money to return the MMK funds to Chairman Tang. And all you need to do is subtract all funds from the securities company’s loan transaction from the national pension. There is nothing to be scared of. We didn’t break the law and we didn’t do anything wrong. And that’s not why I called you.”

“then. Why? Why do you contact me because you didn’t do anything wrong? My heart will pop out.”

Kim Hee-yeol looked at Lee Sang-hoon with a worried face. However, Lee Sang-hoon only looked out the window with a calm appearance.

And after a long time, Lee Sang-hoon opened his speech.

“Aren’t you writing weird articles on the Internet?”

“Strange text? What else does that mean?”

“It seems like there are vague stories on the Internet right now. Well, I understand that the current regime doesn’t like it, but there are people who are testing for the collapse of the Korean economy, and it seems that the number of people who agree with that person is increasing exponentially.”

“What else does that mean? I’m tired of just looking at the monitor at work, so I don’t even go home and internet. What’s wrong?”

Lee Sang-hoon turned to look at Kim Hee-yeol and said.

korean novel God of stocks chapter 418

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