Chapter 706

The attack of Abby Cohen and Li Zekai gave Sony, Capcom and other companies that had been waiting for a long time an opportunity. This time, due to the huge losses of 17 companies headed by Sony, the market prospect is not optimistic. In particular, the assertion of "stock god" Warren Buffett has cast a shadow in the hearts of investors. In this case, although the Japanese government frequently releases good news, Sony also knows that the overall Japanese stock market is definitely declining. After all, it is the company's performance and profits that really determine the stock trend.

However, the reason why the stock market is full of risks is that it can deviate from the company's performance and profits in the short term and let the stock price fluctuate freely in the short term through the speculation of large investors.

In order to protect the market, Sony and other companies have specially prepared a total of billions of dollars of strong funds, waiting for the speculators who dare to attack their Daiwa national stocks this time. All futures markets have stock delivery time. As long as they protect the market and raise the stock price, they can make the speculators suffer a heavy loss this time, and dare not have a hand in the Japanese stock market any more.

Howard Stringer, the new Sony president, flew from New York to Tokyo yesterday night. He had a definite idea.

"Take orders as many as you have!" Howard Skinner said calmly, looking at Sony's stock, which has been selling short in the market.

10000, 50000, 100000

Under the calm command of Howard Skinner, Sony is constantly acquiring all the sales orders on the market. The same situation also appears in Capcom, Sega, nanmenggong and other companies.

The stock price and the market, which had been falling slowly, were immediately stabilized. With the acquisition of Howard Skinner, Sony's stock price is fixed at $50.

Gee! This phenomenon immediately attracted the attention of all investors in the market. When the market stabilizes and the stock price doesn't fall, ordinary investors naturally don't understand what's wrong, but the psychology of chasing up and down begins to linger in the hearts of many investors.

Is it going up? Is it going up

Many investors want to take advantage of the opportunity to make money and are unwilling to let go of any chance to make money, which makes the stock price change subtly. The stock prices of Sony and other companies begin to recover slowly, with a few yen rising.

"Well, it's fantastic to snipe Sony!" Howard Skinner looked at the slow and steady recovery of Sony's stock price and laughed confidently.

Sony, after all, is Sony. In the hearts of Japanese investors, there is almost worship psychology, which is the pride of Japanese companies. Popular Walkman, TV, huge acquisition of Columbia film company, PS series game machines sell well all over the world, Sony has too much glory. Although last year's financial statements just released made its image plummet, as long as a few good policies are introduced and someone supports the market, Howard Skinner believes that Sony's share price will stabilize in the short term.

At present, the slow recovery of Sony's share price proves the market's confidence in Sony. Of course, other companies such as Capcom and nanmenggong are not as good as Sony. Sony lost 916 million US dollars and Capcom lost 435 million US dollars, less than half of Sony. But after all, Sony has a big business and can afford to lose, but Capcom can't. Under the strong short selling of Abby Cohen, although their respective companies have taken measures to protect the market, their stock prices are still falling slowly. But what is really important is Sony's big blue chip stock, which is one of the keys to determine the trend of Japanese stock market.

Abby Cohen scowled. It's not a good time. Once Japanese investors regain confidence in Sony and start to pursue Sony, it will be a disaster. No matter how much money they have, they can't compete with all investors, not to mention the Japanese government behind them. In addition, Abby Cohen, Li Zekai and others have sold 2.7 million shares of Sony stock short, while the total number of shares in circulation is only 4 million (400 million shares). If they continue to sell on the futures delivery day, as long as someone makes a little bit of mischief, they will swallow a bitter fruit, and eventually they will suffer a heavy loss and walk out.

"Sell 10000 pieces of daily menstrual index!" Abby Cohen thought about it and ordered his assistant to sell short the Japanese futures index.

The short selling of 10000 futures indexes immediately caused the Nikkei index, which was already in a delicate balance, to fall. Investors who were ready to sell immediately tightened their money and re examined the stock market to see if they should invest. This also directly led to the slow and firm upward momentum stagnation of Sony and other companies' stocks, and even the downward momentum.

Abby Cohen nodded, as she expected. Although Japan has introduced so many policies, many Japanese investors are still not sure about it, and most of them are still on the sidelines. This 10000 diurnal index shows Abby Cohen testing the water.

"President, the Nikkei index has dropped 50 points, and Sony's share price has started to fall back from the original $52.50." Sony's chief financial adviser said.

"Don't worry, it's no big deal. Someone is just speculating in the futures index. Hum, it's a fool's dream to use the futures index to suppress us. The Japanese government will not continue to fall all the way from the stock index, causing the second stock disaster in Japan. " Howard Skinner, Sony's new president, sneered.

The most important reason why the Japanese government responded so quickly to yesterday's sniping time is that Japan does not want to make the same mistake again. The stock market crash in 1990 made Japan's economy retrogress for 10 years, and it has not recovered so far. What caused all this was the sniping of Morgan Stanley and Goldman Sachs in the United States. The stock market disaster in that year reduced Japan's national wealth by more than half. Most of them fall into the hands of global investors, especially Morgan Stanley and Goldman Sachs.

A fall into a ditch makes you wiser. The Japanese government will never again make the stupid mistake of being led by the nose by several foreign companies and giving away the whole country's finance. Therefore, after the emergency meeting of the Japanese cabinet last night, the Japanese government prepared us $50 billion in foreign exchange reserves to help the market.

Japan's finance minister yoshihihiko Noda is in charge this time. He wants to see why he dares to attack the Japanese stock market again. Now Japan is no longer the Japan of the 1980s. It will never be so stupid again. This time, we must teach a lesson to those consortia who dare to provoke Japan.

"As many as there are! No matter how big the order is, take it all! " Yoshihiko Noda issued the order with a lot of money.

The foreign exchange reserve of 50 billion US dollars is enough for him to deal with the impact of any consortium. Noda absolutely does not believe that any consortium can impact the Japanese stock market.

With Noda's order, Abby Cohen's 10000 futures index was swept short, and Japan's stock index rose from 7580 to 7600.

Abby Cohen smiles, and the Japanese government finally does it.

"Sell another 10000 pieces of diurnal index." Abby Cohen said without hesitation. A daily menstrual index is about US $25000, and 10000 is US $250 million. However, according to the "leverage effect", Lin Feng only needs to pay 5% - 10% of the principal, that is US $25 million.

The Nikkei index fell again to 7580, weighed down by the 10000 selling orders of Abby Cohen.

"Buy as much as you have!" Noda said with disdain after drinking a glass of sake.

The Nikkei index rose again to 7600.

"Ten thousand more!" Abby Cohen calmly gave the order.

The Nikkei fell to 7580.

......

"Buy it, buy it for me!" Yoshihiko Noda slapped the table and roared. He did not expect that this man was so indomitable and courageous that he dared to fight with the Japanese government. Now the outside world already knows that the Japanese government is rescuing the market, and has spent more than 50 billion US dollars of foreign exchange reserves, and even dare someone to sell short without knowing what to do. This makes Yoshihiko Noda extremely angry. If you let him know who is short selling the Japanese menstrual index and deliberately provokes the Daiwa nation, he will make his death very ugly.

"Mr. Noda, the other side sold another 10000." The chief operator of the Japanese government has no choice but to report.

"Baga!" Yoshihiko Noda is really going crazy. Now the other side has sold 280000 pieces of Nikkei index short, and the total amount has reached US $7 billion (principal of US $700 million). This guy is still so ignorant.

Yoshiko Noda is really angry, furious.

"Buy me 500000 pieces of diurnal index. I don't know if it dares to take it!" Yoshihiko Noda squeaked his glass in his hand. This time, he will teach the unknown sniper a lesson. He will take the initiative to attack.

"Mr. Noda, the leader said that as long as the tray is OK, don't take the initiative to attack, in case of being used." A Japanese official sitting next to him could not help but remind him.

"Shut up, I has the final say. To deal with this kind of people, we must give them a strong look! " Yoshihihiko Noda said fiercely.

The scene was silent. Yoshihiko Noda is the biggest here. He can only do what he says. And there's nothing wrong with that. I'm afraid it will cause a lot of unnecessary trouble if we keep pestering like this.

The Japanese stock market was affected by these 500000 buying orders, and the stock index immediately rose from 7580 to 7650, and it is still rising.

7660，7670，7680...

Japan's securities and exchange agency was cheering. After all, for most investors, futures, which can be short or short, is too stimulating and requires too much margin. Ordinary people can't stand it. Most people still buy and sell stocks. Only when the price rises, can we make money!

Abby Cohen frowned. I didn't expect Yoshiko Noda to be so impulsive, but it was direct and powerful. Yoshihiko Noda directly and more money than himself, a large number of buy, the use of Japan's strong foreign exchange reserves to play with himself, so that who has more money, who can get the final victory. Clearly, Noda thinks his $50 billion foreign exchange reserves are enough to crush any speculator.

Unfortunately, what he thought was too simple—— Abby Cohen gave a cold smile.

I'm sorry, there's only one chapter today. I was going to have three chapters, but something happened to my father this afternoon. I can only make up four chapters tomorrow. I'm really sorry for you（ To be continued, if you want to know the future, please log in www.qidian.com , more chapters, support authors, support legitimate reading!)