As Yang Jing predicted, the Dow Jones Industrial Average broke through the sideways consolidation pattern of two negative crosses on Tuesday, October 6, and fell 64 points that day to close at 2,572 points, drawing a large negative line in the daily K-line.

Henry and David were completely convinced by Tuesday's decline. They were actually wondering yesterday whether it was inappropriate to short sell at this time, but the next day the market proved their boss's judgment with a slap in the face.

If the boss had not issued a strict order to close all positions yesterday, the drop today alone would have caused the Dragon Fund to lose hundreds of millions of dollars.

Then, in the next ten days or so, the trend of the entire U.S. stock market was just as Yang Jing said, reversing the upward trend of the previous seven or eight months and began to plummet.

Especially on October 14, this downward trend became even more obvious, with both the Dow Jones and the S&P 500 index drawing several consecutive large negative lines.

However, at this time, many people are still optimistic about the U.S. stock market. After all, the rumor on Wednesday was just a rumor that could not be verified. Moreover, after the market had drawn three consecutive large negative lines, the market had been able to digest these negative news very well. Therefore, many people did not realize that after the weekend, Monday, October 19th would bring them an unforgettable disaster.

Among them, the US government also played a role in fueling this stock market crash.

On the morning of Sunday, October 18, Eastern Time, U.S. Treasury Secretary Baker announced on an American television program: "If the Federal Republic of Germany does not lower interest rates, the United States will consider allowing the dollar to continue to fall."

When Baker made these remarks, Yang Jing, Henry, David and Cesar were enjoying breakfast in a restaurant downstairs. As soon as they saw this heavy news, Henry immediately cursed: "Did Satan smash this bastard's brain? How could he say such a thing at this time?"

As for Henry and Cesar, smiles appeared on their faces.

The reason why Henry cursed the Treasury Secretary who was speaking on TV was not because of anything else, but because he was an American.

As an investment expert, Henry Williams is well aware of how destructive Baker's words are to the U.S. economy and even the global economy at this delicate moment. As the U.S. Treasury Secretary, James Baker should not easily say such thoughtless words, but he did, and he said it at such a delicate moment.

Once these words were spoken, it was undoubtedly a wonderful thing better than pie in the sky for speculators like Yang Jing who had already built up a large number of short positions in advance, but for the majority of American stock investors, it was undoubtedly a disaster.

As an American, Henry certainly did not want to see his compatriots suffer huge losses because of such irresponsible remarks, so he cursed like that.

But after cursing, he shrugged and asked, "Boss, please forgive me for cursing this guy just now. I'm fine now. What should we do next?"

Yang Jing grabbed a napkin and wiped the corner of his mouth and said, "Go back. Today our focus is not on the US stock market, but on the Sydney Common Stock Index, Tokyo's Nikkei Index, Singapore's Straits Times Index, and Hong Kong's Hang Seng Index."

As soon as Yang Jing said this, several people seemed to remember something and smiles appeared on their faces.

In the 1980s, the United States was still the world's undisputed largest country, and its economy was also a benchmark for the global economy. The saying "the Dow Jones Industrial Average affects global stock indices" is not just a casual statement.

The Dow Jones Industrial Average began to decline more than a week ago, and major stock markets around the world were affected by the Dow Jones Industrial Average and also fell one after another. However, in this stock market crash, Yang Jing's main source of profits was not the United States, but major stock markets around the world. Therefore, when the Dow Jones Industrial Average began to fall, Yang Jing had already instructed Cesar and others to establish huge short positions in major stock markets around the world.

Baker made this statement at around 8 a.m. Eastern Time on October 18th. At this time, the three major stock markets across the Pacific Ocean, Tokyo, Singapore and Hong Kong Island, were in the evening of October 18th. In another twelve hours, these three major stock markets would open.

The Sydney Stock Market in Australia opens even earlier than these three major stock markets.

As a developed capitalist country, Australia is also a place where huge profits can be made. How could Yang Jing let it go?

China has just started reform and opening up, and there is no stock market yet, so China cannot participate in this game. Hong Kong Island still belongs to the British, so Yang Jing has no psychological burden to make huge profits from the Hong Kong Island stock market.

As for Singapore and Tokyo, there is no need to mention them. If Yang Jing did not make enough profits from these two stock markets, he would feel sorry for himself!

At dinner time, the Sydney stock market opened first, and as expected, it began to plummet as soon as it opened. The Dragon Fund invested as much as one billion US dollars in the Sydney stock market, and used the leverage ratio to control a large enough amount of funds to smash the market. How could the small Sydney stock market withstand such a huge short force?

In just four hours, the Sydney stock market plummeted 14.7%.

Next was the opening of the Tokyo Stock Exchange. As the world's second largest financial institution in this era, Japan's economic output has reached about 60% of that of the United States. Although it is still some distance away from the peak of 69.5% of the US economic output in 1995, it is still quite good.

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