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321 made a profit! Global Black Monday!(3/3)

Jilayu Amin pulled off one of his long curly hair and sweared: "Go to TM, this dog-go bank company, dog-good US stock market, I fuck the mud horse!"

They hold 100 million shares of Bank of America's shares, with a position of $37 per share, and the floating losses are increasing. I don't know if the share price of Bank of America will fall below $30 per share!

··

Black shirt group, trading room,

Wang Guanxi and others were very happy.

"Haha, it's really amazing"

"It's falling too hard"

"Hehe, Indians are going to cry to death this time"

"Parastic, the Indians are against us, they are finished this time"

"Stay down for me"

"Citibank, Wells Fargo, Bank of America companies are falling quickly!"

"It's falling!"

"Grass!"

"It's falling!"

The stock prices of Citibank, Wells Fargo and Bank of America still encountered support and could not plummet, but it was okay, so keep waiting.

Wang Guanxi said: ‘Drink tea slowly, wait slowly, and see what the US stock market will fall tonight.”

The stock market fell so badly, no one was happier than him.

You should know that he invested huge amounts of money to short Citibank, Wells Fargo, and Bank of America!

"Yes, boss" everyone came over and sat together to have tea and chat.

The news came again soon.

Bloomberg: U.S. government says it will cooperate with global response to the financial crisis

Associated Press: The Federal Reserve raises credit supply to $900 billion

Goldman Sachs Bank: The Federal Reserve announced that it will start paying interest on bank reserves and may expand its loans to the banking industry to $900 billion.

Morgan Stanley: The Fed issued a statement in Washington today saying: The Fed is ready to take additional measures when necessary, with the aim of cultivating liquid money market conditions.

The statement said Fed governors and Treasury officials are in talks with market participants on ways to provide additional support for regular unsecured financing markets.

Citibank: The Federal Reserve said that as part of the measures taken today, the 28-day and 84-day regular auction tools will each increase to $150 billion.

Deutsche Bank: The Federal Reserve said it will start paying interest for commercial banks' excess reserves. The $700 billion rescue plan legislation signed by U.S. President Bush last Friday granted the Fed the power for the first time, which will take effect from October this year.

Finally, the stock market rebounded after 2:00 a.m.

··

【Global stock markets encounter Black Monday】

As investors believe that governments are expected to jointly rescue the market, U.S. stocks rebounded strongly and the Dow Jones Industrial Average also recovered more than half of its losses.

As of the close (4:00 am Hong Kong time), the Dow Jones Industrial Average fell 369.88 points to close at 9955.50 points, a drop of 3.58%. This is the first time the Dow Jones Industrial Average has fallen below the 10,000 point mark since October 29, 2004.

Commodities such as crude oil are also accompanied by declines in the stock market.

International oil prices fell below $90 in the early trading in New York yesterday, hitting an eight-month low. Other commodity futures also plunged one after another. In the domestic futures market in China, the "miracle" of all kinds of commodity contracts hitting the limit across the board yesterday.

The next day, on October 7th, when Wang Guanxi got up, it was already 6:10 in the morning and came to the trading room. The maids all slept in the trading room last night.

Then he opened the stock price chart.

At 4 a.m. today, Citibank's share price closed at $173.00 per share. Fund No. 2 shorted 5 million shares, with a position building at $213 per share, with a floating profit of $200 million and a net account value of $1.23 billion.

Wells Fargo's share price closed at $33 per share, and Fund No. 3 shorted 100 million shares, with a position building position of $40 per share, with a floating profit of $700 million in the account and a net value of $4.1 billion.

The share price of Bank of America closed at $31 per share, and Fund No. 4 shorted 40 million shares, with a position building at $38.00 per share, with a floating profit of $360 million, and an account net value of up to $1.88 billion.

In total, the total floating profit was US$1.26 billion, and the results of the battle last night were good.

Today is Double Ninth Festival, and the Hong Kong stock market is closed, so Wang Guanxi said to the maids: "Today is on holiday, everyone have a good rest and make up for their sleep."

Currently, there is still US$2.064 billion in the Blackshirt hedge fund account. He plans to buy the US stock market in a few days. It is still uncertain which stock is specific.

Let’s celebrate the Double Ninth Festival first, I haven’t returned to Shenzhen Stock Exchange for a long time.
Chapter completed!
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