God of stocks chapter 425
Chapter 425 Last Sell (1)
“What is this all of a sudden?”
Lee Sang-hoon started to think that he was drunk on a single can of beer. If not, sights that could not be seen were coming into Lee Sang-hoon’s eyes.
The Dow, which had fallen by 1,000 points over the last 777 points, suddenly started to bounce.
It fell off in an instant, but the speed of bounce was faster than that, and it was like a light.
The middle of the bar has been deleted so that the chart that draws the graph cannot follow, so I started drawing.
In the last 10 minutes, 200 points increased, and 500 points in the remaining 30 minutes. I don’t know for sure because I can’t look directly at the hogachang with Lee Sang-hoon’s eyes, but the idea was that the current US’ hogachang could not be viewed and traded with human eyes.
Lee Sang-hoon quickly found the reason for the surge as it is now.
This situation was simply because it could not be explained in such a way that a rebound would come out due to a lot of elimination. And shortly thereafter, the reason was revealed to the press.
“The G7 Finance Ministers meet over the weekend to overcome the current situation? What do you see coming out?”
It seemed that there was an expectation that a stronger story might be announced than the seven central banks announced a rate cut at the same time a while ago. The market’s judgment was that the G7, which is called advanced countries, gathered to try to calm the situation, and that it could exert stronger power than any other countermeasure.
And the effect of these measures was immediately coming out.
New York’s three major stock markets have risen to a level, and the Dow turned to a plus ticket as if it was insufficient.
“Wow~. crazy. What is this. Volatility is not volatility that people cannot buy or sell.”
Lee Sang-hoon rubbed his eyes and looked at the screen again, even though it was past 3 o’clock in the morning. I was surprised that this kind of movement could come out.
If someone was by my side, I would see what I am now and talk with me, but it was weird to feel alone as if I was dreaming.
In the end, the Dow continued to rise and climbed 300 points from the previous day’s close. The volatility of the day was close to 17% with an increase of 1,300 points compared to the low price.
If a single stock had a volatility of 17%, it would have been said that it was a crazy change, but the index had a change of 17%. Moreover, it was surprising that the 17% fluctuation was not the index of other developing countries, but the Dow Index, which represents the world’s stock market.
Lee Sang-hoon couldn’t sit still, so he got up and walked around.
“The tidying up is amazing… … . Is the momentum of the downturn over?”
First of all, it showed a form that made me satisfied with the tidying up today. And it looked like a sudden rebound was coming out to the point that I thought it was going to end like this.
The market ended with a drop of 100 points, showing a slight decrease in strength during the last minute rebound, but the Nasdaq maintained the positive ticket and closed the market in a way that was the first positive closing in 8 trading days.
Lee Sang-hoon spent time all weekend with doubts whether the financial crisis was over, and the mayor on Monday showed that such doubts are not useless.
“Now sidecar is very familiar. This is what comes out when it’s stiff, but it might be said to increase the sidecar range.”
Hee-yeol Kim sat in the office of Lee Sang-hoon, holding a remote control and changing channels.
“Yesterday was a downside car. Today is the upper sidecar. This sidecar is basic so it’s ridiculous… … .”
“What is the exchange rate now?”
“Exchange Rate? Don’t even say it. The 1,238 won deadline. I wonder what dreams when I passed 1,430 won on Friday. If it wasn’t recorded on the chart, there would be many people who would think like me? It’s not even a job to just go up and down 100 won a day. The currency market has become a dog food market.”
“Is that with a countermeasure?”
It was Lee Sang-hoon who was called to the Ministry of Finance and did not see the market properly because he was called to the government to transfer funds for the rest of the national pension and to listen to thanks.
Kim Hee-yeol shook his head at Lee Sang-hoon’s words.
“What is the countermeasure… … . It’s just that Minister Kang XX, who is close to you, talked about the global dollar cooperation movement with the G20, not the G7, and the seed that Korea was also not working on. Still, what confidence is, the economic growth rate next year will be 4%, and the exchange rate will be around 1,100 won. These guys don’t have any grounds, and it’s their job to talk like this all the time. The man who is now president. Didn’t he say that if he was president, he would be 5,000 KOSPI? It seems like it is a passive characteristic to just talk casually. Do you have any reason to talk about it? It’s ridiculous, so it’s really.
Lee Sang-hoon had a conflict in his heart over the appearance of the government, which has not yet prepared any measures.
The appearance of the New York Stock Exchange on Friday was so intense that I would like to collect the selling time at this point if there is any countermeasure.
However, compared to that, Korea had no countermeasures. Just words will be like this and that will be like that. Other countries did not even cut interest rates, which are being actively implemented, and they were hoping for a better world.
As oil prices plummeted, there was no need to worry about inflation, but we were just talking about a 100bp cut by next year.
With no countermeasures and unprepared for the future, the government thought that it would be a good idea to catch the soaring exchange rate with the dollar accumulated over the past 10 years.
“What are you going to do? Are you going to wait and see the selling spot first? It seems like things are changing a little strangely for that.”
“The first plan is yes. Well done, let’s take a breath and watch.”
Whether the index has a burden of 1,300 or is it because it has risen a lot from the bottom of the previous trading day, it took a breath for a while at the 1,290 line with 1,300 in front.
And this breathtaking process continued to the last minute, and it was ended at 1,288 points, up 3.8% from the previous trading day. Jisoo, who seemed to rise without hesitation, ended with noticed as the market went on.
“Look at American gifts. It is rising by 3%. Wow. Well done, how much is this. Now our size has grown too, so things are funny. At first glance, I almost lost about 100 billion won even if I calculated it in my head?”
“I have to bow to the finance government. The finance department helped.”
“The finance government helped me? Did you help me with what they did?”
“Because there are some things that have been liquidated because I asked them to liquidate. Well, shoveling was the basic basis.”
“It is. Hahaha. If you really look at it, it’s also true.”
Kim Hee-yeol smiled and ate a snack. After the closing of the market, Kim Hee-yeol was still spending time in Lee Sang-hoon’s office rather than leaving work.
U.S. futures rose a little more when the European market opened. The European market also rose sharply in response to the rise as if it was trying to take care of it, trying to receive compensation for the decline. It seemed that the volatility of the previous trading day eventually took its direction and burst upward.
Lee Sang-hoon stared at it.
The pace of the decline was also fast, but the rebound seemed to be big and intense as it was fast.
“Hey. Where?”
Lee Sang-hoon, who was watching TV together, suddenly got up from his seat, and Kim Hee-yeol grabbed Lee Sang-hoon. However, Lee Sang-hoon told Kim Hee-yeol while wearing a coat.
“Get in order. I go first.”
“Hey. Where are you going?”
Leaving behind Kim Hee-yeol’s words about where he was going, Lee Sang-hoon left the office without looking back. It was because my heart seemed to shake as I kept checking overseas stock markets.
And I wanted to confirm. It was the time when it was necessary to check whether it was okay to continue dragging your own view.
Lee Sang-hoon picked up the book in the glovebox of the passenger seat while in the car. After hinting at a deep decline, I tried to confirm by looking at a book that had not yet been written on it.
It was because I thought that if there was no text written in the book, I would continue to drag the view as it is, and if something was written, I had to change my mind accordingly.
Lee Sang-hoon pulled the car and headed to the place where he lived.
It was on my way home after the sun had set. Since it was a library located at the entrance of the Gyeongin Expressway, the surrounding area was filled with cars as if it had already become a parking lot.
Lee Sang-hoon parked in the public parking lot and headed for the bench.
Before opening the book, I took a cigarette deeply and opened the book.
When I first got into Lee Sang-hoon’s hand, it was a new book, so I didn’t have the sensitivity to open it, but now I open it a lot so I can grab and open the page on which it was written at once.
Even today, it seemed that the book was not trying to tell the direction that the edges of the usual writing were not written at a glance. Lee Sang-hoon thought with his head left and right, whether the book indirectly informs him that it is okay to keep dragging the view.
‘Is it okay to go as it is? The atmosphere is not terrific… … .’
It meant that if there was nothing written, it was worth trusting and following. Lee Sang-hoon believed in books more than he felt.
Lee Sang-hoon thought that he did not know, so he carefully checked the rest. And such a small number written in Lee Sang-hoon’s eyes caught my eye.
[892]
At first glance, it was written in a small way that would be difficult to confirm. Lee Sang-hoon’s gaze entered the number written on it as if someone had written it by hand.
“892? What is this?”
It was a new article. However, I couldn’t figure out what this article meant at once.
Lee Sang-hoon took out the cigarette again and asked. This was because the book had to be analyzed as quickly as the new article was shown.
“892? What do you mean 892?”
No matter how much I looked, I couldn’t figure out what 892 meant.
The first thing that came to mind was the exponential point. However, it was too far from where it is to go to 892. Lee Sang-hoon, who usually thinks bigger than others, was a far-off place to think of KOSPI 892.
“A 892 point increase from the low?”
In that case, I thought that it would not be a story with no possibility at all, with roughly over 2,000 points. Rather, this one seemed more likely than the bottom of 892.
However, if the likelihood is quantified, the probability of 0.1% to 0.2% is twice as different, but the probability of is or is extremely low.
Lee Sang-hoon once again closed his eyes and organized his thoughts.
If I was talking about an 892 point increase, I thought it was in order that another story should come out in the middle.
Lee Sang-hoon sat on a bench for an hour and organized his thoughts. But no matter how much I rolled my head and rolled it, I couldn’t figure out what 892 meant.
As the sun went down and the weather was getting colder, Lee Sang-hoon got up from the bench and returned home.
On his return, he thought about what the book 892 meant. And I kept thinking until I got home and lie in bed, but I still couldn’t even guess what it meant.
As I stayed up all night, the office where I went to work was fuzzy.
Lee Sang-hoon greeted the staff and went into the office, followed by Lee Sang-hoon, Kim Hee-yeol, and a fuss.
“You couldn’t sleep yesterday watching the American market, too?”
“Why? How was it?”
Lee Sang-hoon could not properly confirm the US chief. It was because my head was full of stories about 892 written in the book, so I couldn’t care about anything else.
“Did you not see it? Haven’t you seen it? Where are you sick? How can’t you see that?”
It was Lee Sang-hoon, who would have seen and talked about it first, but Kim Hee-yeol was surprised when he showed that he had not seen it, and even tried to touch Lee Sang-hoon’s forehead.
“Just don’t nag and talk about what it was like. What happened?”
Lee Sang-hoon hung his outerwear on a hanger and sat down and looked up at Kim Hee-yeol. Kim Hee-yeol looked down at Lee Sang-hoon without saying anything.
“Speak quickly. I will start the chapter like this.”
“okay. Well it could be. right. Maybe it was better not to see it. If I saw it, I wouldn’t have been able to talk downstairs.”
“Oh. There is a lot of talk. What is it?”
Rather than crushing Kim Hee-yeol, Lee Sang-hoon turned on the chart and checked the US market.
[Dow: 9387.61 (+936.42)]
“What is this?”
Lee Sang-hoon pointed his finger at the monitor and looked up at Kim Hee-yeol. I thought there was an error and the numbers were wrongly stamped on the chart. The numbers written so much that I thought it felt unrealistic.
“I’m right? If you saw this in real time, you know what I mean now that I couldn’t say that I was selling?”
Lee Sang-hoon learned that he wasn’t wrong at Kim Hee-yeol’s words.
“Speak quickly. Why are you doing this?”
It was an increase of 11% compared to the previous trading day. The Dow Index, which is said to have risen by 1%, rose 11%, the largest increase in history.
The Nasdaq’s rise was more severe than the Dow. The market price itself started with a 5% increase in the gap, with a 12% increase by the close of the market. And in the case of gifts, he expressed regret that the market closed with an increase of close to 15%.
“The FRB opened its doors, and accordingly, it was announced that central banks in each country would provide unlimited dollars. There was a series of announcements that the eurozone countries were trying to overcome the situation where the dollar was dry, saying they would guarantee money transactions between banks. In addition, Morgan Stanley, who was working today, has attracted investments from the Mitsubishi Group, and GM and Chrysler said that S&P could collapse, turning the market completely. I heard stories that defended all the uneasy stories that had been told in one shot came out.”
“Unlimited supply of dollars?”
“okay. First of all, the amount to be released is 1.8 trillion dollars. One trillion dollars in Korean money is huge, but it costs 1.8 trillion dollars. I just struck the market in a large amount saying that I would release 2,000 trillion with Korean money in one shot. It’s not like any game money. You should have seen the movement when this announcement came out. I was just trying to break through the sky with a red rod.”
“It turned.”
Lee Sang-hoon laughed out. I thought that 892, which I had been worrying all night, may have been an increase of 892 points from the low, and I wondered if the market gave me the answer to my worries.
korean novel God of stocks chapter 425
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