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Chapter 1949 Steyer's rise and fall

The sell-off began. With the large-scale selling between Wood and Langke, the share price of Steel Fund once again fell significantly. Piero and others also captured this information in the VIP room of the New York Stock Exchange.

"That bastard Zhou Ming is so too much! He simply didn't take us seriously!" Freeman said angrily.

"It seems that the lesson we taught him before was not profound enough, which made him have unrealistic delusions about his abilities!" Tisman also gritted his teeth.

In their opinion, Zhou Ming knew that they were strictly guarding and bullish in New York, but he still insisted on selling and reducing prices, which was an insult and provocation to them.

This time, Boya finally found an opportunity to say that if it was just a sell-off by short bulls to buy, this would not be a good way to continue, and it would be too passive.

This time Freeman and Teesman did not criticize Bear again because they also thought that this was too passive and they needed an active approach.

So Piero took the initiative to ask them about Bear and asked him what good solutions were.

Boya's answer is concise and clear: "Use public opinion and the market!"

This answer received unanimous praise from Freeman and Tesman, which allowed them to act immediately, contact the National Television Station, and immediately received a news specifically for the Steel Fund.

"Today is the second day of the listing of Steel Fund. This fund company, which mainly operates Christmas commodity futures, has become the focus of market attention since its listing. Then today, shorts and longs also competed for the Steel Fund. They even had to compete for every cent increase, but from the results, it seems that the bulls still had the upper hand."

The news is not just a brief news broadcast, but even an interview with experts.

"Behind the Steel Fund is a huge Christmas commodity market. As long as you go out and go to the store, you can understand that Christmas commodities are very popular now, so short sellers will not have much competitiveness in this battle. This has grown all the way since its listing to the present, and I think it has performed very clearly."

Zhou Ming and Wood sat next to the radio and listened to the news from the National Radio Station.

Zhou Ming clapped happily: "That's fine, we can execute a full-scale sale in half an hour at the earliest."

Wood also understood that this news was completely a stimulant in the market. Whether it was bulls that had the upper hand or the analysis of the Christmas commodity market behind it, it was very good news for Steyer Fund.

Under this kind of public opinion, even if Morgan and Rockefeller do nothing, the market will support Steel's stock price, not to mention that New York will definitely raise its hands slightly, so that the market's growth will be even more predictable.

Excited, Wood also suggested to Zhou Ming: "Otherwise we can wait a little longer and sell it in the last half hour before the closing. Wouldn't that make a bigger profit?"

Zhou Ming told him: "The benefits may be very large, but there are also huge risks. Our goal is to get out of here, and there is no need to take risks."

Although Wood had some regrets, he understood that Zhou Ming had won for a day, and now he could only believe Zhou Ming.

Just ten minutes later, Zhou Ming's forecast market growth came indeed, and the increase was still rising and accelerating, and it quickly rolled from zero point to one percent, and it seemed that there was still

The trend that cannot be stopped.

Zhou Ming and Wood, as well as Pierrobel and Freeman from the New York Stock Exchange, everyone's eyes were staring at the curve of the Steel Fund, as if this curve outlined a mountain of gold, and around this mountain of gold were a group of investors running towards him frantically.

"Quick! Buy me the stock of Steel Fund. I have heard from experts that he will definitely rise. I can't miss this opportunity!"

"Rise! Let me rise again, and it will rise faster and more vigorously. I want to increase my position and continue to increase my position!"

Kohler is a small investment bank on Wall Street. There are not ten thousand or thousands of these investment bank on Wall Street. There are noises in the office every day. Today, I am even more excited because most of the calls are for Steel Fund.

"Quick! My Ms. Jenny, I really need you to get Mr. Allman's orders in as soon as possible!"

An account manager put down the phone, picked up his sticky note and hurried to the company's trader, because the final transaction still needs to be completed at the counter.

But the account manager just walked into the office and was immediately driven out, and a group of people glared at him.

"You only want to place an order? Our customers are also waiting to line up!"

"Damn bastard, who do you think you are? Do you still want to jump in line to the front of us?"

The account manager then discovered that there were already a lot of sticky notes on the middle-aged Ms. Jenny's desk, and Ms. Jenny made a phone call, but it seemed that she didn't do it in the end.

"I'm very sorry gentlemen, the Steel Fund is so popular now. If you really want your customers to place orders smoothly, then you'd better increase the unit price a little, otherwise you're likely to be doing useless work."

Clam?

Ms. Jenny's words made everyone feel shocked, and then they began to lower their heads to modify their sticky notes.

This scene not only happened to Kohler, but also in the offices of many investment banks and securities firms on Wall Street. Even in the lobby of the New York Stock Exchange, traders flocked to the counter and desperately handed out their trading orders just to be able to post the transactions earlier.

In this kind of crazy on and off the court, the rise of Stair Fund was soaring like a hormone-eating force. In just half an hour, it increased by 5 percentage points.

Such an increase surprised many senior traders, so more news began to sigh that Steel Fund is really the most eye-catching star in the stock market recently.

But just when everyone was praising the Steel Fund, Zhou Ming issued a sell-off order to Wood and Langke.

Whether Wood or Langke, they actually felt it was a bit of a pity, because if the pace continues, the Steel Fund will be able to break through the ten percentage points in the last half hour.

But soon they realized that Zhou Ming was wise in doing this.

With the full sale of Wood and Langke, the Steel Fund, which was just so powerful, suddenly became as sluggish as if it had been seriously ill. Not only was the rise interrupted in half, but it even showed a slight downward trend.

Wood was shocked immediately: "What's going on? Is our selling so strong? Or is the market bubble too big, and in fact, the previous increase was not that powerful, it was just an illusion?"

Zhou Ming did not answer directly, but looked around the conference room first.

Wood also looked around, and then he was shocked because he found that the two 25 boys had disappeared again.

"Mr. Zhou Ming, is that bastard Youngston also making trouble?" Wood asked tentatively.

Zhou Ming nodded with a smile: "He is the big short seller today. He will definitely not miss any possible opportunity. There are also these two people. If I guess correctly, their funds will definitely be handed over to Youngston and the others to operate. They are firmly bound to Youngston. Now they can't do it."

So when they started selling, they immediately passed the news to Youngston. Youngston immediately decided to take advantage of this opportunity to sell at the same time. Such two parties operated at the same time, of course, would suppress the market momentum head-on.

Zhou Ming also said: "And it is not just a short seller problem, but the momentum that the market is aroused by public opinion itself is also very fragile."

Zhou Ming's words seemed to have penetrated time and space for Wood and the others. They could directly see the traders who were busy submitting their purchase orders in the New York Stock Exchange. They immediately threw away the transaction orders in their hands, then immediately changed to the sell orders, and rushed to submit them to the counter.

In the offices of these investment banks and securities firms on Wall Street, the phones of account managers rang again, and they once again heard the roar and roar of their customers: "Hurry! Sell it out immediately. I don't want any garbage like Steel Fund, throw it out all!"

With Youngston's selling with Zhou Ming and Wood, it quickly aroused panic in the entire market, causing Steel's stock price to plummet.

Seeing the stock price continue to decline, Wood seemed to remember something.

He asked Zhou Ming: "Did Morgan and Rockefeller just watch the stock price fall so much? Are they not bulls?"

Wood's words were very inspiring and aroused the curiosity of others.

Yes! Although Youngston cooperated with Zhou Ming's selling together, causing market panic and this trick was indeed very clever, Morgan and Rockefeller shouldn't just watch it.

Zhou Ming smiled and said that this involves the difference between long and short positions in terms of profits.

Because first of all, from the situation today, the Steel Fund has risen as a whole, so the bulls have already made enough profits, but on the contrary, if the bears are short, they must suppress the stock price to a very low level in order to make a profit.

"It seems that guy Zhou Ming has started to fight the final beast trap and has started shorting at any cost!"

In the VIP room of the New York Stock Exchange, Tesman was not worried about the current fund plunge, and even felt a little disdainful: "According to the current share price of Steel Fund, if the short sellers want to make a profit, they have to suppress at least more than ten percentage points, but this is simply impossible, so we don't have to worry at all."

In the conference room of Chicago's Tyya Building, Wood and the others suddenly realized it, and they couldn't help but feel a little scared.

Because if they really follow their ideas and bet on the whole to sell until the last minute, they will be afraid that the stock price will be a huge drop in the stock price.

"Mr. Zhou Ming, now that we have sold all, what should we do next?" Wood asked.

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