Chapter 127 Charge! Experts say this is a baby bottom!



The next day.

The entrance to the Tokyo Stock Exchange was bustling with noise.

Everyone is talking about two things.

Who exactly was dumping shares at the end of yesterday's trading session, and an interview with a financial expert.

"Ito-kun, why do you look so pale? Did you lose money yesterday? That shouldn't be the case, the market closed in the green yesterday."

Upon hearing this...

The man named Ito's face darkened further, and he spoke with a gloomy expression.

"Don't even mention it. I don't know which bastard dumped shares at the end of the trading day. When I saw the index plummet, I couldn't help but sell all my shares."

These words were spoken.

Everyone around looked at him with sympathy.

Someone interjected.

"I saw the market plunge, so I quickly sold my stocks. I didn't expect the index to rebound in the last 5 minutes."

"If I hadn't acted quickly and bought back the stocks I sold, I would be feeling the same way as you right now."

"Who can argue with that? We lost three percentage points of profit in the process."

"I'm still quite lucky."

On the side.

A young man in his twenties interjected.

"I was stunned when I saw the market plummet."

"Perhaps fools are lucky. The stock I bought only dropped a little, and in the last 5 minutes, the price even rose a lot. In just a few minutes, I made 2 points."

The words had barely left his mouth.

The surrounding shareholders cast envious glances.

Upon seeing this.

Ito felt increasingly uncomfortable.

Nothing more!

Just after the stock market closed yesterday.

Kotaro, an economic expert from an island nation, gave a radio interview.

Kotaro, one of the most famous financial experts in Japan, has over a million fans who admire him, and Ito is one of them.

In the financial field, Kotaro is an authority with enormous influence.

His status is in no way inferior to that of Li Dapao in China.

Upon learning that Kotaro would be giving an exclusive interview, Ito didn't go anywhere but waited patiently in front of the radio.

As expected.

After waiting for nearly half an hour...

Radio host: "Professor Kotaro, we have received many inquiries from enthusiastic stock investors who would like to ask you a few questions."

"First, what is your view on the recent volatile stock market in island nations?"

"Secondly, the stock market experienced a rare sharp drop at the end of yesterday's trading session. Does this mean that the stock market is about to face another round of major declines?"

Upon hearing this...

Kotaro, with a confident expression, said with a smile.

"Hello, friends watching the radio, this is Kotaro."

"Thank you all for your trust in me. Here, I will briefly share my thoughts."

"In my opinion, these two issues can be considered together."

"As everyone knows, our market index has rebounded from [point] to the current [point], a rebound of nearly 6,000 points."

"Among them, a lot of profits have been accumulated, and these people are eager to get out and put their profits in their pockets."

At this point, Professor Kotaro's tone became impassioned, and he spoke with a strong and resounding voice.

"I don't judge the actions of certain large funds. Everyone has different views on the market outlook. Yesterday's sharp drop at the end of the trading day was due to this situation."

"But personally, my view on the market outlook remains unchanged; I am optimistic, and I can tell you this responsibly."

"The major players in our island nation's market have already built an upward platform near the point."

"The fluctuations in the stock market during this period are digesting these profits, and the point will also become a new support line. I have given it a nickname, 'baby bottom'."

Baby bottom?

Millions of stock market investors, waiting in front of their radios, were filled with question marks.

Everyone wanted to know what exactly the "baby bottom" that Kotaro mentioned was.

At the director's prompting, the host asked a question.

"Professor Kotaro, what is meant by 'infant bottom'?"

"Baby bottom?"

"As the name suggests, babies need to be held."

"When the stock market hits a 'baby bottom,' this bottom is caused by the bottoming out of heavyweight stocks."

"After a series of rallies and fluctuations in heavyweight stocks, small and medium-sized stocks have formed a temporary bottom."

"The bottom formed by stocks in the SME and ChiNext sectors is not due to overvaluation, but rather to repeated fluctuations, coupled with heavyweight sectors, and the continuous buying and selling by major funds."

"Therefore, when you hold low-priced shares, try your best to keep your shares and hold them. Don't give up your low-priced shares easily."

"Because the stock price could surge in the next second!"

Upon hearing this!

This image appeared in everyone's mind.

The stock price seemed to sprout wings, or ride a rocket, soaring straight up into the sky.

The stock market investors listening to the radio program were filled with excitement.

It turns out they had low-priced shares in their hands, and the market still had a long way to go.

No wonder he's a financial expert; how come I didn't think of that?

Countless stock market investors were filled with regret and frustration after listening to the program.

At this point, the market index was only 0.5 points, which is 5,000 points away from the high of 0.44 points.

perhaps?

Just as Professor Kotaro said, the stock market in island nations will soar to new heights!

point.

point.

Even higher.

On that day, the Japanese stock market investors who sold their shares were filled with grief and indignation, their faces showing signs of utter despair. Ito was one of them.

He banged on the table loudly, hating himself for being arbitrary and for failing to see the situation clearly.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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