Half an hour later, Citibank's share price has been vibrating at $200 per share.

There was no decline or rushing up, and the bulls and bears in the market were in a delicate balance.

Nehru stood up excitedly and said excitedly: "These Chinese people should have sold out 5 million shares, let's take action."

This time, India's private pension was borrowed 5 million shares to Blackshirt Insurance Company. If Blackshirt Insurance Company did not borrow stocks from other financial institutions, it would have been sold out.

If it's really sold out, it's time for them to take action.

"If this black shirt insurance company sells out, it's like entering a pig cage." Sandep Batra smiled and then ordered the trader: "Buy 2 million shares first, pull the stock price up, and let them see how powerful we are!"

They suffered a big loss before on aig group, but this time they won’t!

For stability, Sandep Batra plans to buy in batches!

"Yes, the CEO" traders were also very excited and started buying immediately!

20,000 shares!

20,000 shares!

··

The stock price of Citibank Group rose at a visible speed, rushing from the 200 position!

The momentum is as strong as a force!

202!

204

··

210!

Sandep Batra shouted: "Stop first and see if this black shirt insurance company still sells its stocks"

"Yes, President" everyone stopped.

Blackshirt Insurance Company, Wang Guanxi and others stared at the disk.

This time, he shorted 5 million shares of Citibank, with a position of $213 per share, and a temporary floating profit of $15 million.

Huang Shaokai couldn't help but say, "These Indians have taken action to stop us."

Just now, the share price of Citibank suddenly rose by $10, and it must be the Indians who took action.

Zhang Dexi also echoed: "Yes, this Indian really can't help but take action, something sinister."

When the Blackshirt Insurance Company shorted, the Indians did not take action. After they sold out 5 million shares, the Indians took action.

Wu Zhankun also said: "These Indian grandsons have really become smarter and have not tried hard with us when we were shorting."

Before, these Indians liked to do something hard with them when they were shorted by Blackshirt Insurance Company. Now it’s different. When they finish shorting, these Indians will take action.

Wang Juehao also spoke: "I don't know where the stock price can be raised to now?"

Currently, Citibank's stock price is fluctuating around 210, without rising or falling. It is obvious that Indians have temporarily stopped pulling up.

Bai Weiqiang also said: "I guess it's because Indians dare not raise the rise, hehe."

This Indian has only raised $10, and he is obviously a coward.

At this time, Wang Guanxi looked at the time and smiled and said, "You guys continue to stare at the plate."

After saying that, Wang Guanxi left.

Not long after he left, Sandep Batra of the Indian Industrial Trust Investment Bank shouted: "There are few selling orders above, keep buying!"

"Yes, the president" everyone continued to buy!

Citibank's share price continues to rise.

212

··

220!

Sandep Batra shouted: "Stop, see how the selling market is here!"

Now he wants to be stable, not to hurry, and test whether the bears above are strong, what if the Chinese still borrowed stocks.

So everyone stopped buying.

Another 10 minutes passed, and Citibank's share price stood firm at $220 per share.

Nehru said: "Sandep Batra, the Chinese must have no bullets anymore, so they can only watch the stock price rise and continue to buy it."

"The resistance of the bears is very small now. Hehe, let's continue to pull the stock price up."

Sandep Batra nodded: "Okay"

"Continue to pull up"

Then the traders continued to buy.

222

224

··

230!

A total of 6 million shares were bought, with a position building position near US$215 per share, and a floating profit of US$90 million on the book.

India's private pension holds 5 million shares, with a position built at US$136 per share, with a floating profit of US$470 million on the book. Although these 5 million shares were lent to Blackshirt Insurance Company, the Blackshirt Insurance Company has to return them after closing the position.

"Haha, these Chinese people have been completely trapped." Nehru opened his mouth and smiled.

These Chinese could only watch Citibank's stock price surged to $230 per share, and they were helpless, and the bulls in the market were also stable and the bears were weak.

Sandep Batra took a sip of tea and placed it on the table with a bang!

"I'm paralyzed, let's see what they do this time!"

Their advantage is very obvious now, as long as the subsequent Citibank stock price continues to rise, or remains above $230 per share.

This black shirt insurance company either loses its position or is cut off every day.

The interest rate of US$16.5 million per month is calculated as HK$127 million in revenue, which is very stable.

A monthly income of HK$127 million is already a very good profit. This time, the Indian Industrial Trust and Investment Bank will be invincible.

At this time, Blackshirt Insurance Company published an article, [The global financial crisis will deepen]

The "two houses" were previously called the US subprime mortgage crisis. So far, the bankruptcy of "Lehman Brothers" has evolved into a global financial crisis in nature. With the global financial crisis, it must be a global economic crisis.

Therefore, the trajectory of this crisis can be attributed to: the US subprime mortgage crisis transitioned to a global financial crisis, and then to a global economic crisis.

The judgment of future market trends is summarized as: it has not yet bottomed out, and the upward cycle of economic growth since 2000 has ended. It is expected that the US and the world economy will experience a downward period of 3 to 5 years, and then a turning point will appear.

Moreover, the crisis we are currently seeing is only in the monetary field, and the next step is likely to be transferred to the real economy.

Summary: The stock market will be sluggish for a long time, especially financial stocks.

Blackshirt Investment Bank: Global credit crunch never eases

In fact, from a more macro perspective, since the crisis broke out in August last year, banks have been unwilling to provide interbank lending and have been hoarding funds for their potential losses, and are worried that the creditworthiness of other banks will be difficult to drop in money market interest rates.

After the Federal Reserve cut interest rates many times and injected heavily into the financial system, the credit tightening situation has not improved, but has shown a tightening momentum, strengthening the view that the credit crisis is far from over.

The recent announcement of bankruptcy and ongoing market crisis has further exacerbated the pressure on the money market. As long as interest rates are still at high levels and lenders' monthly repayments are still high, they are likely to default.

For financial institutions, as the entire credit market is still tight, short-term low-cost financing basically no longer exists.

As an example last week, after several central banks in the United States and Europe quickly injected short-term funds into the market, the overnight US dollar lending rate still showed its largest increase since June on September 15.

On the 16th, the spread between the three-month London Interbank Offer Rate (libor) and the three-month US federal funds rate, which measures the availability of funds, expanded by 4 basis points to 109 basis points, the largest since at least December 2001.

Summary: Bank stocks will fall across the board in the future. It is recommended to sell US bank stocks and buy technology stocks.

Sandep Batra and Nehru saw articles and opinions published by Blackshirt Insurance Company and Blackshirt Investment Bank.

The two of them immediately smiled disdainfully.

"It's just nonsense!"

"They have not withdrawn now, so they can only release some negative news. The tricks of the donkey are exhausted."

"Let's slap them in the face!"

Then the Indian Industrial Trust Investment Bank published an article specifically for Blackshirt Investment Bank.

[The US government rescues the market at $700 billion, and the Federal Reserve may cut interest rates]

Although the United States has experienced the evolution process from the subprime mortgage crisis to the credit crisis and then to the financial crisis, it is gratifying that with the government's full efforts to save it, the possibility of the financial crisis triggering an economic crisis is not high.

The government's costs have been spent on this amount, and it is impossible to stop.

In order to prevent an economic recession, the government will do its best to take various measures and do not rule out interest rate cuts if necessary.

Summary: Financial stocks and bank stocks will continue to rise in the future.
To be continued...