Reborn with wealth that rivals the country.

Chapter 2257: Short Selling is also Saving the Market

Solomon pondered for a moment and then gave another order: "Take out 1000 billion and short the ABX index. Remember, short sell slowly and spend the 1000 billion within two days."

The traders received the order and got busy.

Upon hearing such an order, Hannibal and others had different expressions.

Hannibal couldn't help but question, "Solomon, are you kidding me? Chen Mo is shorting, and you're also shorting? Do you think the subprime mortgage crisis isn't big enough?"

Many people who don’t know much about finance also raised questions:

"We raise funds for you, not to see you follow suit and short the property market!"

"What we want is for you to go against Chen Mo, not follow him!"

"Although I don't know how to trade, I still know how to go long or short. Chen Mo is shorting, and you are following suit. Isn't this nonsense?"

"I need you to give us an explanation!"

"..."

Solomon's face darkened, and he looked coldly at the people who questioned him, as if they were idiots: "Are you questioning me?"

Hannibal said quickly: "Don't be angry, we are here to deal with Chen Mo's Kongshen camp. We don't want to see the Kongshen camp make money, nor do we want to make money from short sellers."

Solomon shook his head helplessly: “Hannibal, you are a military man and have never been involved in finance. I don’t blame you if you don’t understand.

But some of these people used to be professional traders, and I don’t understand why they just can’t understand it.”

Hannibal and the others looked puzzled.

At this time, Michelle spoke up: "In fact, short selling can not only create panic, but also squeeze panic and release panic emotions more quickly.

This is called going with the flow and taking advantage of the situation.

As the saying goes, when things reach their extremes, they will turn around. When the panic is completely released, it will be time for us to strike hard and swallow up Chen Mo's trillion!"

Hannibal was still confused.

After all, he is a god of war, not a god of finance.

Solomon could only explain helplessly: "The market has a self-regulating mechanism. When the price drops to a certain level, it will attract some investors to enter the market to buy at the bottom or make value investments, thus supporting the market."

"Chen Mo's 1 trillion has been thrown out, and we are going to enter the market with 1000 billion to short sell little by little. Judging from the reaction on the candlestick chart, the short-selling force is about to bottom out."

"At this time, the bottom-fishing army will enter the market. We will then release the good news that Bells and other companies have been bailed out, and the government will announce that the subprime mortgage crisis has peaked and ended. Then, things will turn around and start to rebound sharply!"

"It's also time for us to enter the market and swallow up Chen Mo's 1 trillion in one fell swoop!"

After everyone heard this, they suddenly realized.

Some people showed expressions of admiration and learning.

It turns out that short selling has this effect!

……

……

"Is there any movement from the Foundation?"

The ABX index has fallen by nearly 13 points, and the effect of 1 trillion has been visibly weakened.

However, there was still no sign of the opponent on the market, which made Chen Mo look confused.

"No, I haven't found any action from the Foundation or the Hegemony government yet. There are only short sellers in the market now, no one is trying to save the market."

Han Lihui reports.

Just as he finished speaking, another trader suddenly said:

"Mr. Chen, the Third Master sent me some information. She said that a dozen accounts from the foundation just entered the market and they are shorting!"

Chen Mo was stunned and suspected that he had heard it wrongly: "Short selling? Did you take the wrong medicine, or am I hallucinating?"

"Yes, Mr. Chen, you heard it right. The foundation is indeed shorting."

Han Li confirmed the information again and said affirmatively.

This sentence stunned everyone present.

For a moment, there was a lot of discussion at the scene.

"Is Solomon crazy? He actually helped us short sell?"

"Doesn't the foundation control the Federal Reserve? The Federal Reserve is clearly rescuing the market, so why is it doing the opposite?"

"what the hell?"

“Could it be the same as our boss’s previous operation, making money from short selling but not letting the boss make money?”

"That's impossible. If we do that, the money we earn won't even be enough to make up for the subprime mortgage crisis."

"This Solomon is so weird."

"..."

Amid the discussions, Chen Mo lit a cigarette and fell into deep thought.

After a while, Chen Mo looked up and asked Han Li:

"Old Han, how much short-selling funds does Solomon have, and how fast is it?"

Han Li responded: "The speed of short selling is very slow. Only hundreds of millions or even billions of shares are being short sold. It is estimated that today's volume will be at most tens of billions."

"I see."

Chen Mo looked as if he had suddenly realized something.

He Chaoling on the side asked in confusion: "Mr. Chen, what do you understand?"

Chen Mo smiled and said, "Solomon seems to be shorting, but in fact, he is saving the situation."

He Chaoling was confused: "He is shorting, but you say he is saving the market? How is this possible? According to your statement, if I give you a knife, it is also to help you cure your illness?"

Chen Mo smiled and said, "If an ordinary person cuts me, it's hurting me, but if a doctor cuts me, it's saving me."

Seeing that He Chaoling was still confused, Chen Mo explained bluntly:

"The reason for the sharp drop in the ABX index is no longer simply the subprime mortgage crisis, but the biggest reason is the panic of investors."

"Panic is like a boil on a person's body. If an ordinary person cuts it, the flesh and blood will be gone. But a doctor can squeeze out the boil with small cuts, allowing the market to rebound from the bottom."

"At that time, Solomon will definitely announce that Bells and others have been rescued, and then quickly close their positions, go long on the ABX index, and swallow up my trillion."

He Chaoling suddenly realized: "I understand. We shorted 10 trillion in 1 minutes, which was creating panic. Now that Solomon has exhausted our energy, it is shorting little by little, which is squeezing the panic in the market and making investors feel that it is going to bottom out and rebound. It is clearing the panic."

Chen Mo smiled and nodded: "Solomon doesn't know how many chips I have. He probably thinks that I only have my own 10 trillion yuan in funds. He expects that I won't dare to mess around again in the short term."

"What a shame, what a pity, I, Chen Mo, am just a reckless man!"

After saying that, Chen Mo's eyes flashed: "Within 10 minutes, another 1 trillion will be lost!!! The panic sentiment must not bottom out, and the line on the candlestick chart must not flatten out!!!"

"Yes!! Mr. Chen!!!"

At Chen Mo's command, 108 top traders of Moyuan Securities immediately entered frenzy mode!

Billions of short orders fell like raindrops, and the decline that had slowed down on the candlestick chart suddenly plummeted again! ! ! !


Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like