Eighty-nine layout

August 26, 2000, Saturday evening, sunny, plum garden.//《》.com》 Novel Network//

It is midsummer in Hong Kong in August. The sun has hidden under the horizon, and the air is still filled with heat. Fortunately, the plum garden is facing the sea. Although the high temperature amplifies the fishy smell of the sea breeze, when it wipes it, the refreshing feeling still makes people cry.

Several major members of Li Wen gathered here. They did not choose to blow air conditioning in the house, but enjoyed the wiping of the salty sea breeze in the front yard of the sea, watching the afterglow of the sunset, and eating seafood porridge ordered from the hotel, which was a bit interesting.

After eating and drinking, everyone sat around the tea table, drank aged Pu'er tea, and listened to Li Wen's arrangements.

"Mr. Zhang's work is still going well now? Are there any questions that need help?"

This is the first time Li Wen has seen him after throwing Yonglong to Zhang Lihong.

During Li Wen's time in Europe, Zhang Lihong had met Chen Shaofeng and others many times and became familiar with each other.

The plan for this time is nothing he has to do with him. Even if he knows that in this investment plan, there will be US$2 billion entrusted to Huofeng Investment in the name of Yonglong Holdings.

His job is to preside over the operation of Wing Lung Bank, to rudder the Wing Lung Bank's large ship, and to formulate a development strategy.

Winglong Bank is a commercial bank, with its main business of industrial and commercial deposits and loans. It will not participate in such high-risk investments, nor will it participate in this speculation.

The protagonist this time is Huofeng Investment.

However, as the driver of one of the two carriages built by Li Wen, he still needs to participate in the arrangement of the most nuclear affairs of Li Wen.

This is not only an opportunity to enhance feelings with team members, but also an opportunity to integrate into this team.

"Mr. Wu Jianwu's business style is more conservative, and there are not many problems under his charge of Yonglong Bank. However, the current business direction of Yonglong is inconsistent with what Wen Shao requires. Many places need to make drastic adjustments. I have formulated a general plan and some places have begun to rectify. With Wen Shao's $1 billion investment, in general, these rectifications have been smooth."

Zhang Lihong took the Pu'er tea handed by Zhao Qingmei, and regardless of the hotness, he swallowed it in one bite. The slightly sweet strong tea dispelled the feeling of fullness brought by seafood porridge. When he heard Li Wen ask, he put down the tea cup and said with a smile, he gave a work summary.

Under Wu Gaojian's conservative operation, Yonglong Bank's assets are relatively good, and there are no too many complex problems within it. With Li Wen's $1 billion in capital injection, Zhang Lihong has taken over the past half month to take charge.

"Everything goes well. After the end of the year, I will inject capital into Yonglong Holdings one after another to fulfill my original promise to you."

Li Wen also knew that the current business direction of Yonglong Bank is very different from his requirements. If you want to perform structural adjustments, what is required is major surgery. The work will not be easy. The only thing he can help is financial support.

"Then I'm waiting for good news from Mr. Wen. With financial support, I will definitely give Mr. Wen a satisfactory answer."

After seeing Li Wen's generous reward, Zhang Lihong has put all his efforts into Yonglong's work, and at this moment he even issued a military order.

"If there are any difficulties, please contact Mr. Zhang in time. I still have some resources to use now." Li Wen nodded and once again gave him some support confidence.

In just a few months, Li Wen has accumulated several large connections, which can be used to a certain extent.

Especially Cheng Sishou's relationship line, I believe there are many places where we can have a happy cooperation and everyone is happy. (《》, watch the latest update of this book)

The two had a brief conversation again, and Li Wen turned the topic to the theme of this aggregation, "Where is your report?"

Before traveling to Europe, he had already held a core meeting at Huofeng Company. At the meeting, he revealed his views on Nasdaq, hoping that they could give a formal report so that this operation would not be unfounded.

Chen Shaofeng handed over a few pages of the report and said with a bitter face: "Sister Wen, the market on Nasdaq is in full swing now, but you want us to report a big drop, but it will still be a big drop. There is really no way to do this report!"

Since the sharp plunge in March and April, the Nasdaq has been rising and falling, but the overall direction has been rising sharply. Especially this month, all closing prices have surpassed the previous highs and are following a big upward trend.

This week it even saw an increase of nearly 10%.

Under such a market situation, Li Wen had to make a downward trend and still had a sharp plunge. For ordinary people who can only obtain data from the market, it seems to be difficult for them.

They can't blame them. The Nasdaq sector is about to usher in a bear market that has never been seen in history. Perhaps even those operators who designed this big drop may not necessarily be expected.

Li Wen opened the report and saw the third page, his eyes lit up: "Double top? Haha... This view is good! Not bad! This is the basis, it is enough to have this!"

Zhou Zhenyu and the others looked at each other and thought to themselves whether Li Wen was going to use this as a basis? Isn’t this too much?

That's more than 7 billion US dollars, not 70 US dollars!

The Nasdaq is approaching its previous high since its sharp drop in March and April, and the point on July 17, according to graphical analysis, the possibility of a pullback is higher than that of continuing to rise.

A technical pullback does not mean a big drop, it may be just a temporary technical pullback, and then it will retaliate beyond the previous high and create a new round of bull market.

In his speech, Li Wen revealed that he would go back to 3,000 points and asked them to set the plan below 3,000 points.

"Mr. Wen, are you sure the market will not rise above the previous high? Instead, it will turn back here? It will form a double top and create a big bear market?"

Zhou Zhenyu has no good grasp of the current Nasdaq market.

They also lack confidence in Li Wen's plan. According to their trading philosophy, ordinary investors only do trend trading and will not try to buy at the bottom.

The entire market is now singing long now, and the trend is a good bull trend. According to their philosophy, it is to continue to hold long positions, or wait until the market forms a short trend before entering the market and following short.

Li Wen’s plan is undoubtedly touching the height or touching the highest.

In the financial market, such behavior is undoubtedly a search for death.

Putting down the report, Li Wen smiled and said, "Do you think I will joke with my own money? Don't worry, even if I don't have insider information, this kind of graph is a psychological test and it is worth shorting."

"After experiencing a sharp plunge in March and April, the investment psychology has become vigilant, especially after returning to the point on July 17, it immediately fell sharply for three consecutive weeks, with a drop of more than 700 points. In this regard, if it is suppressed by the bears when approaching and cannot rush over this previous high in one go, it will trigger investors to compare the previous high and settle profitably, which will undoubtedly help the short trend rise."

Zhou Zhenyu frowned and thought for a while, swallowed the tea, and agreed with Li Wen's point of view from an investment psychology.

Li Wen opened the report again and pointed to the K-line chart attached to the report, "It is indeed rising every day during this period, but if you look carefully, this increase is all cautious. What does this mean? It means that even investors themselves are worried about forming a double top."

Double top (bottom), also known as m top (bottom (w bottom), is the most important morphological diagram in technical analysis.

This formation chart is easier to form. Because it is too famous, once it is formed and effectively confirmed, the subsequent market conditions, both in depth and breadth, will be quite considerable.

The financial markets in Europe and the United States have been developing for nearly two hundred years and have created many analytical methods and theories, among which the form analysis in technical analysis has almost become one of the essential tasks for investors.

Therefore, at the key positions of these forms, it is easy to have psychological problems such as "group effect".

Everyone here is the best in the financial industry, and of course they all know this investment psychological problem.

"The market is still more than 200 points away from this previous high. We are ready to go in now. Isn't it a bit too early?"

Zhao Qingmei made her own opinion, which was equivalent to politely opposing Li Wen's plan. It was related to a 7 billion US dollar gambling, and she had to be cautious.

Everyone here communicated with Li Wen's behavior of touching high, but they did not agree with it.

"Last week, the Nasdaq re-established at 4,000 points and closed at 4,042. This undoubtedly gave public investment a psychological hint, implying that 4,000 points have been recovered, will the point be far away?"

Li Wen shook his head and continued, "So I guess that the investments that are still waiting and watching will start to enter the market one after another at the opening tomorrow. First, the radicals enter the market tentatively. When the market continues to rise, neutrals will also come in, and then even conservatives will come in. When the conservatives come in, a big green column will be pulled out (Note 1). If the bears are slightly suppressed by the bears and prevent them from crossing the previous high, the conservatives will immediately take profits, deepen the market decline, and thus trigger a 'group effect'."

Li Wen's guess was not actually what he thought of, but "stealed" from experts in his memory.

The Nasdaq collapse in 2000 had a great impact, and countless experts later studied and explained it, trying to find out the reasons and give future generations a warning.

The guess that Li Wen now put forward is a more powerful explanation later.

During the Nasdaq collapse in 2000, the power of the double top was verified twice, and these two verifications have also become classics in many teaching and science in later generations.

The first time was on March 24, after the previous high and the all-time high hit on March 10, the Nasdaq fell nearly 2,000 points in less than a month, with the lowest point.

The second time was even more powerful. Just recently, after not being able to cross the front point, the destruction of the entire Nashidaq sector fell by 2,600 points in half a year, with a lowest drop to a point.

From then on, the Nasdaq myth is no longer, and the Internet technology myth is no longer.

"Okay! You are the boss, and your decision is the highest instruction."

Chen Shaofeng knew that Li Wen was just symbolically asking for their opinions, and it was useless to oppose it. In addition, with the precedent of crude oil and Nikkei 225, he agreed with Li Wen's ability that seemed to be a foresight.

"Have all the funds been arranged?"

As Chen Shaofeng thought, Li Wen did not want to seek their opinions, but to guide them. After analyzing a persuasion that was not persuasive - double top, Li Wen did not explain more and directly turned to fund allocation.

"As you told me, the more than 5 billion yuan of funds invested by Huofeng has been scattered in hundreds of accounts, and the other 2 billion yuan has been arranged, just waiting for your instructions."

This operation was hosted by Chen Shaofeng. Before going to Europe, all the funds on the surface had been transferred to the designated account.

The acquisition of Wing Lung Bank took about US$3.6 billion, and later invested US$1 billion to Wing Lung Bank. In addition to the 500 million US dollars paid to CNOOC, Li Wen spent about US$5.1 billion.

During the Nikkei 225 operation in July, the profit was back more than 700 million US dollars. Including the funds invested by Huofeng, Li Wen can now call more than 18 billion US dollars.

All of these more than 18 billion will be shorted into the market for the Nasdaq Index.

More than 8 billion of these appeared, more than 3 billion was under the name of Huofeng Investment, and 2 billion was injected into Yonglong Holdings through three major funds, becoming the assets of Yonglong Holdings, and then entrusted to Huofeng Investment by Yonglong Holdings; the other 2 billion was scattered into Yonglong's companies in the name of the three major funds, and then entered the Nasdaq market.

The 10 billion secretly will be Li Wen's last trump card.

"Okay, I have put down all other things recently and devoted myself to this Nasdaq index operation. I have no special requirements. I hope that once the market starts as I expected, you will be more courageous and your positions can be put more heavily."

Li Wen doesn't want them to miss this big market in vain, nor does he want to interfere too much in their own trading ideas, and gives a reminder.

Futures use margin trading system, with leverage amplification of more than 20 times, if there is a slight error, the entire army will be destroyed.

In general operations, the position will be controlled below 50%, conservative, or even only 20%.

"Then where do you think our entry point should be?" Zhou Zhenyu asked.

Li Wen closed his eyes and thought for a while before opening his eyes, he took a sip of tea, moistening his throat: "I believe that in the past few days, there will be a big green pillar that will definitely be created one day, but it will not exceed the previous height. Then, the next day after this big green pillar will be our entry point. Then, depending on the market development, we will decide on the position building situation."

"Mr. Wen, you are so confident that the market will go as you guess?"

Zhao Qing frowned, still feeling that the operation risk this time was too high. At the same time, the implication was: What should I do if I don’t walk like I guessed?

"Haha... Last time I played mahjong, I played twelve laps, and you actually touched twelve laps by yourself. I'm so lucky, why don't we just take a gamble?" Li Wen chuckled, with confidence on his face.

The confident laughter also slightly dispelled the somewhat depressing atmosphere.

"What do Mr. Wen want to bet?" Zhao Qingmei raised her eyebrows.

"I know you don't agree with this plan very much. Let's do this. If the market has not left like my guess in the past few days, then I will stop this plan. If the market has really left like my guess, then Sister Mei wants to invite us to Fulin."

"Okay! One word is determined!"

As soon as Li Wen finished speaking, Zhao Qingmei immediately slapped the table to agree, as if she was afraid that Li Wen would regret it later.

"Young Master Wen, we all testify."

Zhang Lihong and others immediately started to laugh and shout. After making bets, the haze in their hearts disappeared a lot.

"Why are you so unconfident?"

Seeing the fierce love of the crowd, Li Wen couldn't help but shake his head and smile bitterly, then his tone changed, "Sister Mei, you're just waiting to get a lot of bleeding! I heard that Fulin has bought a lot of four-headed bastards recently."

"Mr. Wen, my sister is poor. Can I change the place to eat? Look at my sister's skin has become so rough that I can't even get the money for beauty."

Seeing the smile blooming on Li Wen's face, Zhao Qingmei suddenly felt like she was being plotted.

Note 1: Foreign countries, including Hong Kong, green means rising and red means falling, which is the opposite of domestic ones.


Chapter completed!