Reborn Wealth America

Chapter 140: Spending 40 billion in a morning

October 10, 2018.

CBD office center of Wells Fargo Bank.

An office space.

Abel lay quietly in the boss chair at the top.

There is an ultrabook in front of him.

Holding a microphone in his hand.

Several days ago.

He used the smoke of fate to predict.

Technology stocks in the U.S. stock market today will fall miserably.

Even giants like Apple and Microsoft.The evaporation of market value is also tens of billions.

Although before this.

In fact, it has been falling continuously for several days.

But the decline is minimal.The 0.01% of the quota is dead.

It will be different today.

He sat on it and gave orders one by one.

These orders are all the names of those technology companies.

And once he gave the order, read the name.

The following common elites of Wells Fargo and Oasis Investment.

Stocks will be borrowed from major commercial margin deposits and short-selling.

Or immediately use the margin to sign short-sale contracts with major brokers.

There are two modes of shorting the stock market.

One is the most basic mode.

It means borrowing their stocks from banks or major brokers or directly from stock owners.

Then sell it, and then when the stock drops to a certain level, buy it back from the market and return it to the borrowers.

This process is the most basic and primitive short selling operation.

This operation is troublesome.

The process involves borrowing stocks, selling stocks, and then buying stocks and returning them.

The four processes take quite a long time.

There is another mode, which is currently the most popular mode.

That is to omit the four processes above.

Sign a short-sale contract with the dealer or bank directly.

This operation is actually no different from the most basic and primitive above.

Just omit those four steps.

In this way, there is no need to go through the two steps of selling stocks and buying stocks.The stock is actually still in the hands of the dealer.

But before the end of the contract period.

The ownership of the stock belongs to the other party signing the contract.

It saves a lot of trouble and allows this kind of operation to proceed quickly.

This is basically the case in the US stock market.

Most of Abel uses this operation today.

Rely on Wells Fargo Bank for insurance.Give full play to the 50 billion funds and bet against major brokerages and other banks.

Before starting this gambling.

Abel has used up the smoke of fate three times in a row.It is predicted and affirmed from all angles that today's technology stocks will fall miserably.And the one that doesn't even have the idea of ​​going up a little bit.

The lowest declines all reached 2%.

Some of the top small companies even have a decline of more than 20%.

The next operation is simple.

See which technology stocks fell a bit.

That's it.

Buy short!Buy short!

So Abel lay on the boss chair, listening to the ultrabook, and looking at the real-time U.S. stock value in the ultrabook.

Which stock fell a little bit, Abel immediately pronounced its name.

The following staff will allocate a certain amount of funds.

Contact with major brokers and other banks.Borrow stocks from them and sell them immediately.

From giants like Microsoft, Google, Facebook, Amazon, Apple, and Tesla.

To those little shrimps whose names have not been heard much.

Abel started everything.

It's noon.

50 billion of funds.

Almost 40 billion US dollars have been thrown away.

Among the staff below.Except for the employees of Oasis Investment who believed in their bosses because of their magical operations on foreign exchange, the people of Wells Fargo Bank.

Now Abel is also a little eye-catching.

The reason is that...

too crazy!

In one morning, nearly 40 billion of funds were sold short.

Such exaggerated funds.Except for Soros and Buffett, a handful of super bosses and some giant capital consortia.

Who dares to do this?

And another reason is...

Today's US stock market is really falling rapidly.

Although it has fallen for several days before.But that decline is still within the normal range.Often the market will readjust back in a few days.

But today's US stock market.

From the morning till now.

The three major indexes can't be vented.Although it is not a cliff-like decline, the curve of the indicator from a height to the bottom is also frightening.

Almost all stock types have fallen.

Among them, the decline of technology stocks was the most serious.

Half a day.

Big Mac stocks like Apple have even dropped 2% directly.

Apple's 2%.

That is, the market value of almost 20 billion yuan has been evaporated.

In a sense.

It can be said that Apple lost almost 20 billion US dollars at once.

Although it hasn't reached the financial crisis in 2008 and 2009, the loss was dozens of times.

But this collective decline.

Too tmd is like a precursor to the financial crisis.

Panic has appeared in the market.

These workers who have worked for many years believe it.The drop in the afternoon will definitely be more exaggerated.

Go on in this range.Going short on the stock market today is bound to be very rewarding.

The difference lies in the amount of harvest.

noon.

Take a break.

Of course, it was just a temporary break for Abel.

The following staff.Their rest time is staggered and they must rest separately.Leave most people to pay attention to stock changes.

In the lounge provided by Wells Fargo Bank.

Abel met Alpha Carroll and John Mellon who were visiting.

"Amazing operation!"

Alpha Carroll sighed: "It's amazing the courage and determination!"

"Congratulations. Mr. Sefrosa. Your harvest today must be amazing!"

"Congratulations. Abel." John Mellon also said.

Abel smiled and motioned to be called by him, followed by the beautiful secretary Joe who came to serve and brought two cups of coffee.

"I just got better luck. I didn't expect it to make me bet right."

"But my success. It also represents the success of Wells Fargo Bank. This is a win-win situation."

"I want to congratulate you both!"

Abel said with a smile.

The 50 billion or so stock funds seconded from Wells Fargo Bank.It is necessary to pay high interest and handling fees.This number is almost 100 million.

Among them, Wells Fargo's risk is actually very low.

Because Abel has a margin of $6 billion.And Bluestar Future’s shares as collateral.

Even if he failed to short US stocks.

The first loss was Abel's 6 billion cash.

In fact, he didn't wait for him to lose that 6 billion.

Will trigger the contractual provisions between the two parties.

Not only all remaining funds belong to Wells Fargo Bank.Even Bluestar will become Wells Fargo in the future.

Abel estimates.

If you fail.Wells Fargo and the two in front of you will be happier.

Because the lost money belongs to his Abel.

In addition to the high interest and handling fees of Wells Fargo Bank.You can also get a blue star future for nothing.