God of stocks chapter 426
Chapter 426 Last Sell (2)
Hee-yeol Kim continued the story with excitement looking at Lee Sang-hoon.
“I turned around. If I didn’t have enough money, I got a certain stance that I could just release the money. In addition, the U.S. Treasury Department will provide unlimited FDIC guarantees until 2009, so if you want to get rid of the money, it came out and blocked Bank Run in advance. Kanji was a real harpoon. They just announced that they were confident to stop even with Bank Run, but they made nothing to say. And he bought $250 billion in bank bonds and nailed it to the fact that the bank was not damnable… … .”
“It’s ridiculous. It’s so easy.”
When Lee Sang-hoon laughed in vain, Kim Hee-yeol also laughed and said.
“I knew that nosy guys were big… … . Wow, aren’t you too yelling at people who have a rotary press that prints dollars?”
“It’s a good idea to do this to be sure of anything. Like Korea, Eoyoung Booyoung is definitely more secure than just looking at it.”
“What are you going to do?”
“How do I sell it?”
“Really? Seeing this and selling?”
Lee Sang-hoon got up from his seat and patted Kim Hee-yeol on the shoulder. As he said, if I saw this in real time, I would have been shaken. And in fact, there was a side where Kim Hee-yeol was more fussed and talked about. No matter how much I looked at, it was because it seemed not to be down.
However, Lee Sang-hoon did not shake at all. It wasn’t because I couldn’t see it with my own eyes.
And there was something that gave me this confidence. As the book talked about 892, it was because I was convinced that I could continue looking down unless 892 came out from somewhere.
“Trust me because it’s okay. Do not worry about it.”
Lee Sang-hoon grabbed Kim Hee-yeol’s shoulder and pushed him out of the office.
“Go and get ready to sell. Maybe today I can sell more comfortably than any other day, so you don’t have to be too nervous.”
“Really? Are you really going to sell?”
“okay. Sell. What is life? Stepping on the accelerator and going all the way. I am not a reed In this way, it is not shaken.”
Lee Sang-hoon pushed out Kim Hee-yeol and checked the chart.
The Dow, Nasdaq and S&P all continued to rise in the futures market following a huge rise. Lee Sang-hoon nodded as he looked at it.
“If I were going back, I wouldn’t have written the number 892.”
I don’t know what the 892 will look like, but I thought it was a period for the decline anyway.
The atmosphere was focused on the upper side rather than the lower side, and in particular, the United States took the stance of using any method, aiming to reverse the atmosphere. Then, it seemed that the weight would change from falling to rising.
However, I thought the book wasn’t telling me that the decline had ended by writing down the number Heturoo 892 in this way.
Lee Sang-hoon is not sure what the number 892 means, but he was sure of one thing.
“I guess this is not the end.”
Lee Sang-hoon made up his mind. Then I picked up the phone.
It was to follow Kim Jung-soo’s request to contact him before entering the short position.
Kim Jung-soo, who received the phone call, was reluctant to hear Lee Sang-hoon’s words of sale with an encouraged voice. It seemed that he was getting drunk on the fact that he had cultivated a securities company and an asset management company to block the index. And it seemed that SH Partners, who is entering from her seat, was not normally seen.
He said that it would be okay, but the laugh in the words seemed to show a ridicule at Lee Sang-hoon’s judgment.
Lee Sang-hoon didn’t talk to him. It was because he thought he had done everything he had to do by keeping his promise anyway.
Lee Sang-hoon, who hung up the phone, watched the market begin.
The index, which started with an increase of 4%, was slightly above the 1,350 line.
Launching the sidecar in 11 minutes for the KOSPI and 6 minutes for the KOSDAQ after it started, whether it was up or down, the sidecar seemed to have become a resonant market.
Lee Sang-hoon opened the door of the office and came out while looking at the rising market.
Employees heard that Kim Hee-yeol responded by selling it, so they watched Lee Sang-hoon appear in a tumultuous atmosphere.
Lee Sang-hoon went forward and stood in front of the chart screen. Then he looked around and said to the employees who looked at him.
“Today may be the end of our sale. It seems that the market, which had been selling day and night, for the past half year, has reached the end. Now I’m going to decorate the end in a flashy way. Today we put in a short position with all the available funds. Until last Friday and yesterday, all the remaining funds from the National Pension plan have been in stock. All this is done by selling.”
At Lee Sang-hoon’s words, the staff couldn’t say anything. To a certain extent, they would talk about their thoughts and grasp the intention of the other person only when they were at the level of exchanging opinions with each other, but Lee Sang-hoon’s choice made it impossible to do so.
“character. Let’s get started. First of all, I hit lightly on the items with the upper limit.”
Lee Sang-hoon finished speaking and sang Kim Hee-yeol.
As Kim Hee-yeol approached Lee Sang-hoon, Lee Sang-hoon said in a small voice into his ear.
“Employees can have questions. Make them sell while turning the high-end stocks so that the question can be closed before the question deepens. Even if you have doubts, make sure you have it after you finish selling.”
“Hey. I have a question too. It’s already 1,360 now. 6% increased… … .”
“You said you were going to hell with me. Let’s go together even if we go.”
“Hey.”
Smacking her face slightly, Lee Sang-hoon laughed and left. It was because he thought that if he kept going back and forth, employees would have more questions.
Hee-yeol Kim wanted to talk with Lee Sang-hoon looking at his back, but when the staff gathered to Kim Hee-yeol and asked what to do, Kim Hee-yeol did not catch Lee Sang-hoon and made them sell off the upper limit items as Lee Sang-hoon intended.
It was less than an hour since the market started, but shipbuilders began to enter the upper limit. Most of the shipbuilding stocks settled at the upper limit, followed by medical precision items.
Financial stocks and IT-related stocks were also struggling in the vicinity of the upper limit, and the plates were laid to make their work easier from the standpoint of selling.
SH Partners is now more comfortable than ever with a sell position.
Only domestic orders, classified as economic defense stocks, showed a decline, but all stocks, regardless of industry, showed an increase.
The market showed cheers on the three-day uptrend.
By the time he entered the same period, Hee-yeol Kim visited Lee Sang-hoon.
“I don’t think we can sell all of our funds until the close of the market. Still, it was easy to turn around because there were a lot of stocks that were in the upper limit, but we could also break this uptrend by sweeping them all up because of the large funds. Will you be okay?”
“How much did you put it in?”
“About 700 billion… … .”
Kim Hee-yeol sighed while talking.
When I first set up a sell position at 1,900, the selling funds I put in were barely over 200 billion won. But now, he was putting in more than three times the amount of money for sale. There was some increase in the fund as the result of the profit, but it suddenly increased as the project fund of the National Pension was deposited. And it was so large that it was not easy to manage the funds that had grown like this.
Among the entities that manage money in KOSPI, SH Partners may not be classified as a large fund, but in places that focus on managing funds in a short period of time, it has now risen to one of the best.
“That’s enough. It’s not bad to leave some funds as a spare.”
At Lee Sang-hoon’s words, Kim Hee-yeol sighed of relief. It was Kim Hee-yeol, who was amazed that he would have to put in all the remaining funds unconditionally, so he looked worried about Lee Sang-hoon’s words to leave spare funds.
At the close of the market, trading details by subject were revealed.
Despite the dramatic rise, foreigners poured out 500 billion won into the market, and institutions were receiving foreign stocks with net purchases of 400 billion won and individuals 100 billion won.
Since SH Partners was also classified as an institution, the actual amount received by the institution exceeded 1 trillion. It seemed that the current rise was made by the agency collecting as much as the amount of stop loss that had popped out after the past 1,200 broke.
The exchange rate market collapsed by 1,200 won after the Bank of Korea’s selling of the dollar, which was close to the fierce sale for the third day. It was the judgment of the government and the Bank of Korea, which seemed to continue the atmosphere as if the atmosphere was reversed.
However, after the close of the market, the atmosphere flowed strangely as if the market was splashing cold water with the remarks of the Vice Finance Minister.
When asked about the Bank of Korea’s decision to cut the rate again two months after the rate hike two months ago, the Vice Finance Minister responded intensively to the firm remark that there is no further rate cut, which is full of inflation factors. Showed.
In two months, we expected to apologize for the policy failure of alternately raising and lowering, but instead of apologizing, Korea showed a nuance that the current rate cut was forced to push back. There was a story mixed with market dissatisfaction about whether there was any impact on the financial crisis.
And as if the market stabilized, an uneasy view began to spread to his remarks that the thought that he might raise interest rates again.
First of all, however, anxiety subsided over the rising US futures market and the rise of the European market, which took over the surge in the Asian market.
The US market, which showed the largest gain in the history of the previous day’s stock market opening, continued its uptrend as it opened.
The Dow Index, which aimed to recover to 9,800, showing an increase of close to 4% at the beginning of the market, entered the second half of the market, and the volume of profit-taking came out. It appeared to be retreating, and at one time it had a drop of -3%, threatening the 9,000 line.
However, the market ended with a drop of -0.8%, which is close to weakly flat, with a defensive buying trend that it would not easily pay for the current rise.
Anyway, it ended with the appearance that the atmosphere for the rise was not yet broken, and it was a look that made me look forward to tomorrow.
However, in the afternoon of the previous day, the remarks of the Vice Minister of Finance came to the surface, and once again began to raise question marks on the policies of the Ministry of Strategy and Finance.
“no. Does this make sense, in common sense, that the shift from a $5 billion deficit to a $1 billion surplus in one shot? I don’t know if it is the end of the year. If we had achieved a surplus by the end of the year pushed out, we would nod at all. What does this cub believe in and shout out “unconditionally” achieving a surplus of $1 billion?”
“Is it because you want to do it? It must be done by ordering it.”
Whether he felt that his remarks were a problem the previous day, the Assistant Finance Minister appeared on the radio again, continuing his comments on the previous remarks.
Starting with a story that Korea could not know as being irrelevant to the global financial crisis, the decision to cut the interest rate was an unavoidable option as it was doubted, but it was not compatible with the economic situation of Korea.
Everyone knows that the current remarks are not the opinion of the Assistant Finance Minister. It was impossible to talk about interest rates in public on the subject of the Assistant Secretary. If so, the current remarks meant that Minister Kang XX was willing, and the mayor was shaken by the government’s judgment.
In the case of the exchange rate, since the import and export situation, which had continued to suffer a deficit, turns to a surplus, it was embarrassing to talk about the hope that it would naturally settle at the government’s target value of 1,100 won.
To that remark, the host asked for evidence of a billion dollar surplus, but he answered with a strange logic that he could not laugh at when he calculated it, but did not provide any evidence.
Even the moderator, who had already been told to a certain extent, did not hide the sign that it was uncomfortable to appear in the radio interview even to show anger at the words.
This attitude of the Ministry of Strategy and Finance was directly reflected in the market.
With the New York Stock Market being pushed back in the second half of the market and the remarks that dampened hopes for an interest rate cut, the market could not sustain the surge until the previous trading day and started with a -2% decline.
“Anyway, you look like a real ghost. How do you match the lows and highs like a ghost? Please tell me how.”
“Way? What do you have? There’s no reason to think about how to go out there and tell you all the directions. You tell me very openly.”
The screen shows the angry face of the assistant finance minister. Along with his photos, the news was showing a summary of the remarks he had made.
Starting with the unbelievable figure that the economy is expected to grow at 4.3% in the third quarter, he was focusing on remarks that if the foreign exchange market calms down, it will be of great help to exporters.
In addition, he mentioned that Kiko caused problems in some small and medium-sized businesses, but that was caused by excessive greed of some companies, and the financial sector of small and medium-sized businesses is now well circulating. And the government’s involvement in the company’s collapse due to Kiko can cause moral harm, so the government has made a nuanced remark that it will not come up with any countermeasures.
“Look. You still don’t know what’s wrong. Then you should be scolded. is not it?”
“Are you doing that without knowing that? Or are you knowing and intentionally making things that way? No matter how much I look at, I don’t think they’re such a fool. Isn’t there something weird?”
Kim Hee-yeol was looking at the screen with a face that he could not believe. As he said, the government’s current stance was too casual to the point of thinking that it was on purpose, and there was no countermeasure.
As if after dreaming of a pig at night, he was excited about whether something good would happen today, he was swelling in vague expectations and hoping for a better job.
Kim Hee-yeol asked Lee Sang-hoon with the intention that the appearance of such a government was intentional and calm. However, Lee Sang-hoon shook his head at Kim Hee-yeol’s question.
“I just hope that isn’t really the calmness that came out of the plan.”
“Why?”
“If it was planned, it would mean that you are deliberately wishing the country to fall. I’d rather not know, it’s better to do that. Because someday the time will come to realize. But if you know and do that, it means that there will never be a countermeasure. Then our country is ruined. I’m begging those people aren’t like that.”
Hee-yeol Kim listened to Lee Sang-hoon and turned his head back to the screen. On the screen, the remarks of the Vice Finance Minister were summarized and meanings were given to the meanings he said.
korean novel God of stocks chapter 426
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