This is definitely the most comfortable chief investment officer in the world.
But no one would say there was anything wrong with this. Cesar's team's performance over the past six months has made everyone in the Dragon Fund look up to them, but Cesar's team is most impressed by their big boss, Cole Smith.
Now, the combination of Yang Jing + Cesar team is sitting in the most luxuriously decorated trading room, and the eight people from Cesar team are staring at the computer screen.
After more than half a year of screening, Cesar added four more traders to the team, bringing the number of people in the team to nine. As the boss of the team, Cesar usually does not trade the stocks himself, just like today, he and Yang Jing just stood behind these traders and issued a series of instructions.
"Boss, if it weren't for your strong request, I would be reluctant to close my position under such good circumstances." Cesar crossed his arms and smiled.
Yang Jing glanced at him and said unhappily, "Can't you see that something is wrong with the overall situation? How dare you say such sarcastic words now?"
Cesar shrank his neck. "Saury, Boss, how could I not see that? I was just joking."
It was October 5th, Eastern Time in the United States, and there were only five days left until the date Yang Jing had set for October 10th. However, because October 10th was a Saturday, Cesar and his team only had four trading days left.
"No need to joke around at this time, Cesar, inform them that they can short sell now."
"Short now?" Cesar asked in surprise. Obviously, Yang Jing's words were inconsistent with his judgment of the US stock market.
"That's right, you can go short now. Didn't you see that the market has formed two Yin crosses since last Friday? Can't you see what this means?"
Cesar stared at the computer screen carefully for a while, then gave the order with a shameful look on his face.
Henry and David beside them also looked at the computer screen with a serious face, and shook their heads helplessly for a long time. If it weren't for Yang Jing's reminder, they really wouldn't have considered other directions. But after Yang Jing's reminder, they also realized that something was wrong.
At this time, the U.S. stock market had been trading sideways between 2638 and 2647 points for two trading days, and there was a weekend in between. Within four days, the entire market began to trade sideways, which was really a bit abnormal in such a booming bull market.
Under Cesar's orders, eight traders began to establish short positions at around 2640 points. The eight people controlled hundreds of accounts from all over the world and began to establish positions in batches.
Including the profits and principal of the first half of the year, the Dragon Fund has invested a total of 30 billion US dollars in the upcoming global stock market crash. Of course, such a huge amount of funds is not all used in US stocks. If such a huge amount of funds is all used in US stocks, even US stocks will not be able to bear it. It is estimated that no securities company dares to take such a large short order.
Yang Jing plans to invest a full $10 billion in the U.S. stock market, of which $2 billion will be used to short the U.S. stock index, and the remaining $8 billion will be used to acquire stocks. If necessary, the amount of this fund can be increased at any time.
The remaining $20 billion will be distributed among the major stock markets in other countries around the world, which are the main battlefields for making the main profits.
In fact, the stock market crash in 1987 was not without signs. As early as more than ten days before the outbreak, such signs had already appeared. However, few people would have thought that it would trigger a stock market crash that swept the world.
The actual situation is that after the trading day on Monday, October 5, the Dow Jones Industrial Average took a big drop on Tuesday, October 6, from 2,638 points to 2,572 points, and then formed a negative cross on Wednesday, and continued to fall to 2,516 points on Thursday.
Of the nine trading days from October 6 to October 19, only October 12 and October 13 showed any recovery. Then starting from Wednesday, October 14, the Dow Jones Index began to slide that day as rumors of the cancellation of financing tax incentives spread on Wall Street, the August trade deficit was higher than expected, and the US dollar continued to weaken.
Until Friday, the last trading day before Black Monday, the Dow Jones Industrial Average had fallen 9% in just three days, but this still did not attract the attention of many investors, who still had great hopes for U.S. stocks.
But the reality is so cruel that just after a weekend, as soon as Monday came, the US stock market brought a disaster to investors around the world.
Although there are still nine trading days until October 19th, Yang Jing is very clear that the Dow Jones will be out of control starting tomorrow.
After all, the decline from 2638 points to 2246 points before the stock market crash was close to 15%! If you operate it well, you can make a lot of profit from this decline alone. And starting to short now can be regarded as a drill before the stock market crash!
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