America’s Road To Wealth - Vol 2 Chapter 457
Chapter 457 In Bleeding Neon Man
James finally discovered the problem.
When USD/JPY reached the peak of 129.560.
The marketing director of JP Morgan Chase Bank wants to check the income on the bank account.
However, what he saw was not the tens of billions of dollars he had imagined.
Instead, the floating loss exceeded US$5 billion.
“What’s going on? What’s going on? What’s going on?!”
The genius investment manager on Wall Street, after being stunned, became furious.
Because until now he discovered that dozens of his subordinates and managers have more than 500 trading accounts.
These accounts are actually shorting the USD/JPY investment mark, not the longs that could kill Abel Smith.
James was outrageous, if he didn’t have a gun on him.
It is estimated that at this moment, he dared to draw his gun and shoot indiscriminately in the office.
Looking at the extremely angry manager, James’ assistant opened his mouth.
He wanted to say, in fact, since a few days ago, you no longer have command authority.
But before he could say anything, John Chris, who had rushed over in the pouring rain, had already appeared in the trading room with several people.
“James, there is no business for you here. You have passed the pass, but I will be responsible for the next thing.”
As soon as he entered the door, John Chris hadn’t spoken yet.
James’ “enemy” in the company is actually his biggest competitor, the deputy manager of the marketing department, Yorksh, said to him with a smile.
James was taken aback.
If it weren’t for John Chris, standing behind Yorksh now.
James even wanted to punch Yorksh in the face.
The big boss is here, and James has maintained the greatest restraint.
He ignored Yorkes, but looked at John Chris respectfully.
“BOSS, why did this guy come here? And those traders, they made a huge mistake.”
Looking at John Chris’ calm expression.
James has actually calmed down now.
As soon as he calmed down, the rationality of a Wall Street genius re-occupied his mind.
This made James understand. Maybe something has happened that I don’t know about, and it’s very bad for me.
“Yokesh is right, James, your work is very good. You are very tired during this time, I will give you half a month off. Go to Hawaii, Australia, or Europe, go travel and rest.”
John Chris patted James on the shoulder.
James opened his mouth wide in astonishment, wanting to say something, but couldn’t say anything.
At this time, John Chris nodded to Yorkesh.
Yokesh smiled respectfully at John Chris.
Then the deputy manager directly passed the director James and said to the original James’ subordinates:
“Hey guys. I’m the new marketing director from now on. Come on, let’s have a good hunt!”
James stared at his subordinates in a daze, and sat down on their respective trading computers under the greeting of Yorkesh.
Wait until James wakes up a little bit from the great loss, even fear.
James Robinson, one of the presidents of Morgan Chase and former director of the marketing department, was surprised to see the market quotations on the screen ahead.
I do not know when, the dollar / yen there has been a huge change.
Originally, the highest price reached USD/JPY 129.650, just within ten minutes of being in a daze.
It has fallen to 129.100, a drop of 50 points in ten minutes.
And this is just the beginning.
Only a few more minutes passed.
USD/JPY fell below the 129 line from around 129.100.
Within a few minutes, it fell to 128.890.
A yin line that stands out from him is above the yang line that has been extremely arrogant in the past two days.
In the financial market, this kind of weird and sudden change.
It somewhat woke up James, whose head was already full of paste.
Looking at the boss and Yorkes, they ignored him.
James hesitated for a moment, walked to the side and picked out a computer with an exclusive background that could check the market.
He took the mouse and quickly clicked to see what happened in the market.
How could this change suddenly appear.
Then he saw a series of reasons that affected the USD/JPY, causing the original multi-directional upward direction.
【…The spokesperson of the White House publicized that Neon Bank was manipulating the market. This violates the freedom of the market and may be investigated by the Commerce Department. 】
[RAND Corporation: Experts predict that the United States will fall into a mild recession within two years, and Asia may rise…]
[Berkshire Hathaway claims that it is not optimistic about the appreciation of the US dollar because the US dollar index has peaked in history…]
【JP Morgan Chase Group Chairman and CEO William Harrison claimed: “Smith Media is an excellent media company, and JP Morgan Chase is willing to be one of Smith Media’s IPO channels.”]
【…】
After reading a bunch of news, James was already dazed.
At this moment, this actually very smart Wall Street genius has thought of a terrible possibility.
That is…
A foxhound that surrounds a fox, united with the fox.
In turn, kill the rabbits, antelopes and lemmings who are watching the fun!
Looking ahead, Yokesh kept directing his original subordinates to go short.
James still doesn’t understand, this terrible possibility is not possible at all.
It’s already a reality!
Keep talking about targeting Abel Smith.
Indulging in many media in the United States, constantly exaggerating Morgan and Rockefeller’s dissatisfaction with Smith.
In the end, they were lucky, when everyone thought that the two sides were bound to fight to the death.
They united.
I’m ashamed to say that the neon people manipulate the market, but you guys are the culprits in manipulating the market!
Thinking of this, James has figured everything out.
This Wall Street genius discovered the truth.
The truth made him soften like a discouraged ball.
James now only thinks he is really funny.
Do your best to do what you want to do well.
In the end, he discovered that he was just a **** thrown by the boss.
Thinking of this, James has no interest in staying here.
He walked outside in a daze.
“Good job, keep adding!”
John Chris gave them a shout of encouragement.
Turning his head, he saw the back of James leaving in a decadent way.
Morgan’s head shook his head, feeling a little pity for the downfall of an elite trader.
But…
What Wall Street lacks most is money. Everyone is short of money and longs for more money.
What Wall Street lacks most is all kinds of human elites and geniuses.
Even the top mathematicians don’t study mathematics, but come to study market data models and come to the capital market to make money.
Just an elite trader, not an unscientific existence like Abel Smith.
Walked a James, but if there is a need.
John Cleese can get at least dozens of similar “James”.
Morgan withdrew his gaze and continued to stare at Yorkes and the others making waves in the market.
The well-hidden big shorts began to unite with the original “reserved dogs” and beat up the real “reserved dogs” in the market together.
…
…
When USD/JPY fell back below the 129 line again.
Jimmy at First Citibank sees this happening too.
Jimmy thought at first that this was just a small correction in the market.
It is the counterattack of the bears, and it is Smith’s dying struggle.
Originally he wanted to continue to build positions and cut more meat.
Fortunately, First Citibank is, after all, one of the top ten consortiums in the United States.
The news channels are very well-informed.
So Jimmy was the first to know that the foxhound and the fox started working together.
When he heard the news, Jimmy had only one thought in his mind.
“Close the position, run away!!”
Like James, Jimmy finally figured it out.
This incident may have been a big conspiracy from beginning to end.
For outsiders, it seems that the Texas consortium is going to have a relationship with the East Coast, and it will be a happy collision.
Because the two sides do have a grudge, a hatred that has been left a long time ago.
But who would have thought that a pair of enemies who were supposed to fight to the death would join forces…
Money is so tempting. It can turn people against each other.
It naturally has the ability to temporarily forget about hatred and even unite people.
Jimmy knows, if the news gets out.
Even in the market, the bulls are actually stronger now, and the bears are much weaker.
Because in the current market, the bulls are the neon national team, plus a large number of international financial players.
Their combined hard power is actually much stronger than Smith + Morgan + Rockefeller.
The problem is that things like financial capital often don’t look at strength and reality.
Many times, financial capital plays “confidence” and the future.
Investors believe that something will rise in the future.
As long as there are a large number of investors who believe this.
Then even if the actual value of this thing is worthless, in the financial market, they can increase their value infinitely.
Virtual currencies that have not yet appeared in this era, they are the best examples
They are worthless by themselves.
Even creating them takes a lot of energy.
But when the value of Bitcoin was the highest, one Bitcoin was worth more than 68,900 US dollars.
At that time, two bitcoins could buy a good Ferrari or Lamborghini sports car in the United States.
1.5 bitcoins, you can buy a Porsche Panamera in the United States…
Now, because of Rockefeller and Morgan’s defection and backstab.
The “confidence” of USD/JPY was exhausted at once.
The top of the mountain has become an abyss, the contrast is too great.
At this time, even if the Fed steps up, it may be difficult to restore the market’s confidence in the USD/JPY.
Because even if the Fed stands up at this time.
Investors also wondered, “Is this a conspiracy by Morgan and Rockefeller?”
All major players in the world know that the combination of Morgan and Rockefeller can affect the decision-making of the Federal Reserve.
Confidence is collapsing and a market trampling is about to occur.
At this time, if you don’t run away and stop the loss in time, do you still stay to cut leeks?
Jimmy knows that the dollar/yen has basically exhausted its bullish power since then, and the dollar/yen is about to usher in a major correction.
Immediately, Jimmy was unambiguous, and with his extremely sensitive sense of smell, he immediately decided to close all his long positions.
“Fake, 129.600 is the big top, Xie Te, this time almost fell, while there are still profits, run away quickly, and then Fake Xie Te backhanded short!”
“Fack the Morgan, Shett the Rockefeller, Fack the Smith! These days, it’s no wonder that every time the USD/JPY hits above 127.000, it’s immediately knocked down, and it can’t stand still for half an hour. ···········”
“Shetfak, it turns out that other than Smith, there were already people who placed orders frantically on it, and went short crazily!!”
Jimmy frantically ordered the traders to close their positions, and he kept swearing non-stop, obviously very angry.
Was stimulated badly.
However… Like Jimmy, there are quite a few people who can receive the news in advance.
At the moment USD/JPY is venting wildly.
In this, Jimmy, who was crazy about closing positions, also contributed a little bit of strength.
And Jimmy actually knows this.
In fact, Jimmy even felt that the “inside information” received by himself and the commanders of other large multi-headed organizations may be the information leaked deliberately by the other party.
This is a method used by the short side to force and lure the long positions to close their positions, thereby reducing their consumption.
It is similar to the practice of enclosing three and missing one when fighting in ancient times.
Prevent the enemy from being cornered and have to unite to resist.
It is to leave a way out, don’t really force the bulls to have nowhere to go.
You know, you know, Jimmy, like everyone else, can only choose to stop the loss in time at this moment.
The reason lies in financial capital, and many times it really pays attention to a “confidence”.
Morgan and Rockefeller are both “showing their true colors”.
The market still has a fart of confidence.
If you don’t stop the loss in time, when even the leeks react, you won’t even be able to run away.
At this time, as long as the reaction is fast enough, someone can still find a chance to escape from the “one” surrounded by three and missing one.
At this time, USD/JPY has quickly fallen from 127.800 to 126.700, a crazy drop of 110 points.
Then it rebounded slightly by 3 points, then continued to fall, and fell below the 126.600 position in less than 2 minutes, and then went straight to the 126.500 position.
All the bulls in the world also stared blankly at this scene.
Up to now, only a small number of people have chosen to close their positions, while others are still waiting and watching.
Because up to now, except for people like Jimmy, most people still don’t know about Morgan and Rockefeller’s backstab.
…
Jimmy of First Citigroup started to close positions crazily.
Neon, Tokyo.
Neon Bank Special Economic Action Team, Kuroda of the Kuroda Group, watched this scene in shock.
USD/JPY dropped from the highest position of 129.600 to 126.500 in less than an hour.
A full 310 points!
The US dollar/yen was still rising so strongly before, and it could reach 130 in sight.
But in the blink of an eye, it was like a thousand miles.
In fact, when the dollar/yen started to jump off the building, the neon national team, including Kuroda, had the opportunity to exit the field and stop losses in time.
Possibly even a fortune.
But because of their upper management, they have been contacting Morgan and Rockefeller, wanting to know what happened.
Of course they tried their best to delay, trying to let the Neon people react as late as possible.
Neon people, in the face of American Wall Street dads, even if they sometimes know there are pitfalls, they can only pretend not to see them.
So it took more than an hour for Neon to know the truth.
Waiting for the upper echelons of the Neon Bank to inform Kuroda of the good deeds that Morgan and Rockefeller have done.
It was too late.
At this moment, the 5-minute K-line chart of USD/JPY shows a super long Yin line.
Switched to the one-hour K-line chart, the big Yin line looks like jumping off a building…
After receiving the news, Kuroda finally understood.
Myself and other colleagues, as well as the neon national team this time, and even some neon folk forces.
Everyone is a big group of cannon fodder, rushing to the front line, consuming so much short-selling vitality.
After the USD/JPY shorts were exhausted, the abominable Morgan ghosts and Rockefeller ghosts made their moves, and all opened positions at high positions.
It was too late for him to close the position now, Kuroda was extremely remorseful, and said angrily:
“Why did I receive this kind of news so late! Why, more than an hour! Just now I had the opportunity to stop the loss in time, and when I closed the position, there was even a lot of profit! Damn! Damn Wall Street ghosts, hateful national thieves! ”
Kuroda hated both the betrayal of the ghosts on Wall Street and the dullness of the top executives of Neon Bank.
In the financial market, where intelligence is the most important, facing such extremely important information, it was received so late.
This is really a battle that can be won or lost.
It took half an hour from the time when the senior management of Neon Bank received the news.
Kuroda just flattened out 300,000 USD/JPY long orders.
The problem is that the Kuroda group, who built positions frantically because of the very high allocation quota, still holds 2.5 million long positions in USD/JPY.
From the break below 128.500, for every point that USD/JPY fell, the Kuroda-gumi lost $25 million in profit.
It has fallen to the present, among the special economic action groups, the Kuroda group that was originally the most profitable.
At this moment, the profit has been lost, and the next thing to lose is the principal and margin.
It’s just that the stampede has formed now, and the bulls are frantically leaving to close their positions.
20 million long positions, choose to close the position almost at the same time.
In this case, no matter who wants to leave, it is impossible to leave immediately.
Watching USD/JPY plummet another 70 pips.
Watched his profits completely wiped out, and lost $700 million.
Fortunately, the bulls may be afraid of falling.
It may also be a desperate struggle, or the rushing short power has been slightly suppressed.
When it fell to around 125.900, USD/JPY finally stabilized for a while, and even rebounded 5 points during the period.
At this time, Kuroda didn’t dare to close his positions anymore, for fear that the large-scale liquidation of positions would cause the dollar/yen to continue to plummet.
At this moment, USD/JPY fell another 5 points and returned to the lowest position in a week.
Then it started to vibrate.
Kuroda felt cool when he saw it.
The profit is gone, and I want to close the position but dare not move, for fear that the trampling tide will appear again.
The confidence of the bulls was consumed, and then they were frightened by Smith’s smashing.
Morgan and Rockefeller started to fight again, and now the bulls are waiting one by one, causing USD/JPY to fall back to the lowest level in a week.
“What an idiot! Baga!! Baga!”
Kuroda now hates the upper echelons of Neon Bank, mainly the president Hayamiyu.
Because it was Yu Hayami who had studied in the Bank of New York, he strongly endorsed the cooperation between Neon Man, Morgan and Rockefeller.
Well now, the Neon Man was backstabbed hard.
Although Hayamiyu will most likely be held accountable after this time, he will definitely not be able to keep his position as president of the Neon Central Bank.
But so what? This time, Neon’s national team is bound to suffer heavy losses.
Don’t say that Hayami Yuu was fired, even if he was cut into pieces.
Thinking of this, Kuroda, who had nowhere to vent, immediately slapped himself on the face twice!
Clap, clap, the applause is very loud!
Slaps hurt too.
If there is a knife at this moment, Hayami Yu is also in front of him.
Kuroda felt that he would dare to rush up and give the president of Neon Bank a clean break.
“Baga, Baga! We are now making cannon fodder for the ghosts and beasts of the United States!!”
Kuroda felt very uncomfortable.
The 300,000 lots that were just flattened just now are not enough to cover the principal lost from the 70-point plunge just now.
Looking at the computer, Kuroda felt that the computer was also laughing at him.
So he couldn’t help but slammed his keyboard violently, but the keyboard seemed to be against him, it bounced and just hit Kuroda’s mouth!
Hiss! !
Kuroda felt a sharp pain and covered his mouth, feeling that the skin of his mouth was completely torn.
He looked down and saw blood on his hands.
It turned out that the skin of the mouth was broken, and blood dripped down, bleeding.
Just like now, the same **** neon bank.
456 is dead, and it will be reviewed after two days.
(end of this chapter)
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