The attack of Abby Cohen and Li Zekai gave companies such as Sony and Capcom, which had been waiting for a long time, an opportunity. This time, due to the huge losses of 17 companies led by Sony, the market prospects are not promising. Especially the "Stock God" Buffett

The assertion cast a shadow in the minds of investors. In this case, although the Japanese government frequently released good news, Sony also knew that the Japanese stock market must be declining as a whole. After all,

What really determines the trend of a stock is its company's performance and profits.

However, the reason why the stock market is unpredictable, perilous, and full of dangers is that it can be separated from the company's performance and profits in the short term, and through the speculation of large investors, the stock price can fluctuate at will in the short term.

In order to protect the market, Sony and other companies have specially prepared a total of billions of dollars of strong funds this time, waiting for the speculators who dare to attack their Yamato national stocks this time. The futures market has stock delivery times, and they only need to protect the market.

Raising the stock price will cause heavy losses to the speculators this time, and they will no longer dare to get involved in the Japanese stock market.

The newly appointed Sony President Howard Stringer flew from New York to Tokyo overnight yesterday, and he had already made up his mind about this.

"Take as many orders as there are orders!" Howard Stringer calmly ordered, looking at the Sony stock that was constantly being shorted on the market.

10,000 lots, 50,000 lots, 100,000 lots...

Under the calm command of Howard Stringer, Sony Corporation continued to acquire all sales orders on the market. The same situation also occurred in companies such as Capcom, Sega, and Namco.

The stock price and the market, which had been falling slowly, were suddenly stabilized. Thanks to Howard Stringer's continuous acquisitions, Sony's stock price was fixed at $50.

Hey! This phenomenon immediately attracted the attention of all investors in the market. The market stabilized and the stock price did not fall. Naturally, ordinary investors did not understand what was going on, but the mentality of chasing the rise and killing the fall began to linger in the minds of many investors.

Is it going to rise? Is it going to rise?...

Many investors wanted to take advantage of the opportunity to make money, and their unwillingness to let go of any money-making opportunity caused subtle changes in stock prices. The stock prices of companies such as Sony began to slowly recover, rising by a few yen or a few yen.

"Huh, trying to snipe Sony is too fanciful!" Howard Stringer smiled confidently as he looked at Sony's stock price, which was slowly but steadily rising.

Sony, after all, is Sony. It has a near-worship mentality in the hearts of Japanese investors and is the pride of Japanese companies. The world-famous Walkman and TV sets, the massive acquisition of Columbia Pictures, and the PS series of game consoles sell well all over the world. Sony has too many

Brilliant. Although last year's just-announced financial statements have caused its image to plummet, as long as a few favorable policies are introduced and someone supports it, Howard Stringer believes that Sony's stock price will stabilize in the short term.

The current slow recovery of Sony's stock price proves the market's confidence in Sony. Of course, other companies such as Capcom and Namco are not as good as Sony. Sony lost US$916 million and Capcom lost US$435 million, which is less than Sony.

Half, but after all, Sony has a big business and can afford to lose money, but Capcom cannot afford to lose money. Under Abby Cohen's strong short selling, although the respective companies took measures to protect the market, the stock price still fell slowly. But what's really important here is

It is Sony, a large-cap blue chip stock, which is one of the keys to determining the trend of the Japanese stock market.

Abby Cohen frowned repeatedly. This situation is not good at the moment. Once Japanese investors regain their confidence in Sony and start to pursue Sony with all their strength, it will be miserable. Even if I and others have sufficient funds, they will not be able to compete with all investors.

, not to mention that there is a Japanese government behind it. Moreover, on a Sony stock, Abby Cohen, Li Zekai and others have collectively short-sold 2.7 million lots, while the total number of outstanding shares is only 4 million lots (400 million shares).

If you continue to sell, as long as someone makes a little malicious effort on the futures delivery day, you and others will swallow a bitter pill, and eventually you will suffer heavy losses and exit the market sadly.

"Sell 10,000 Japanese futures!" Abby Cohen thought for a moment and ordered his assistant to sell short Japanese futures.

The short selling of 10,000 futures index instantly caused the Nikkei Index, which was already in a delicate balance, to begin to fall immediately. Investors who were originally preparing to take action immediately tightened their money and re-examined the stock market to see whether they should invest. This also directly led to

The slow but steady rise in stocks of companies like Sony has stalled and even begun to decline.

Abby Cohen nodded, and things turned out just as she had guessed. Although Japan has introduced so many policies, many Japanese investors still have an uncertain and uncertain attitude towards them. Most investors still hold their money and wait and see. This is

Ten thousand Japanese menstrual index futures are Abby Cohen testing the waters.

"President, the Nikkei Index has fallen by 50 points, and Sony's stock price has begun to fall from its original price of $52.5," Sony's chief financial advisor said.

"Don't worry, it's not a big deal. Some people are just speculating on the futures index. Hmm, trying to use the futures index to suppress us is a fool's errand. The Japanese government will never allow the stock index to fall all the way and trigger Japan's second stock market crash." Sony

New CEO Howard Stringer said with a sneer.

The most important reason why the Japanese government responded so quickly to yesterday's attack this time is because Japan does not want to make the same mistake again. The stock market crash in 1990 set Japan's economy back for 10 years, and it has not recovered yet.

All this was due to the attacks by Morgan Stanley and Goldman Sachs in the United States. The stock market crash that year caused Japan’s national wealth to shrink by more than half. Most of it fell into the hands of global investors, especially Morgan Stanley and Goldman Sachs.

Mainly other companies.

The Japanese government will never make the stupid mistake it did in the past, being led by the nose by several foreign companies and giving away the entire country's finances. Therefore, after the emergency meeting of the Japanese cabinet last night

, the Japanese government has prepared US$50 billion in foreign exchange reserves and is preparing to invest in bailing out the market.

Japanese Finance Minister Yoshihiko Noda is personally 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, and will never be so stupid again. This time, it must give justice to those who dare to attack the Japanese stock market.

A lesson for provoking Japan's consortium.

"Take as many as there are! No matter how big the selling order is, take them all for me!" Noda Yoshihiko issued an order with great wealth.

The foreign exchange reserves of US$50 billion are enough for him to cope with the impact of any consortium. Noda Yoshihiko never believes that any consortium can impact the Japanese stock market.

Following Yoshihiko Noda's order, Abby Cohen's 10,000 futures contracts were instantly sold out, and the Japanese stock index also rose from the previous 7,580 points to 7,600 points.

Abby Cohen smiled slightly, the Japanese government finally took action.

"Sell another 10,000 Nikkei futures." Abby Cohen said without hesitation. One Nikkei future is about US$25,000, and 10,000 is equivalent to US$250 million. However, according to the "leverage effect", Lam Feng

You only need to pay 5%-10% of the principal, which is US$25 million.

Suppressed by Abby Cohen's 10,000 sell orders, the Nikkei fell again to 7,580 points.

"Buy, buy me as much as you want!" Noda Yoshihiko said disdainfully after finishing a glass of Japanese sake.

The Nikkei rose again to 7600 points.

"Sell 10,000 more!" Abby Cohen calmly ordered.

The Nikkei fell to 7580.

...

"Buy, buy it for me!" Yoshihiko Noda pounded the table and roared. He didn't expect this man to be so determined and bold that he dared to argue with the Japanese government. Now the outside world already knows that the Japanese government is bailing out the market and has spent more than 50 billion

The U.S. dollar's foreign exchange reserves actually dared to be short-sold regardless of life and death. This made Noda Yoshihiko extremely angry and angry. If he knew who was short-selling the Nikkei futures index and deliberately provoking the Yamato nation, he would definitely let him

It's ugly to die.

"Noda-san, the other party sold another 10,000 lots," the Japanese government's chief trader reported helplessly.

"Baga!" Yoshihiko Noda is really going crazy. Now the other party has short-sold 280,000 Nikkei futures, and the total amount has reached 7 billion U.S. dollars (the principal is 700 million U.S. dollars). This guy is still so desperate.

.

Noda Yoshihiko was really angry, furious.

"Buy me 500,000 Nikkei futures, and I'll see if 'it' dares to take it or not!" Noda Yoshihiko squeezed the wine glass in his hand so much that it creaked. This time he wanted to teach this unknown sniper a lesson, he

Be proactive.

"Noda-kun, the superiors said that all you need is a pallet. There is no need to take the initiative in case someone takes advantage of you." A Japanese official sitting next to him couldn't help but remind him.

"Shut up, I have the final say here. To deal with this kind of person, you have to give him a show of strength!" Noda Yoshihiko said fiercely.

The scene was silent. Noda Yoshihiko was the biggest here, and he could only do what he said. Besides, there was nothing wrong with this. If we kept entangled like this, I'm afraid it would cause a lot of unnecessary trouble.

The Japanese stock market was affected by these 500,000 buying orders, and the stock index suddenly rose from 7580 to 7650, and it is still rising.

7660,7670,7680...

The entire Japan Securities Trading Hall applauded. After all, for most investors, things like futures that can be bought and sold short are too exciting, and the margin requirements are too high, which is beyond the reach of ordinary people. Most people

, it is still a stock that is bought and sold. Only when it goes up can you make money!

Abby Cohen frowned. She didn't expect Noda Yoshihiko to be so impulsive, but this move was indeed direct and powerful enough. Noda Yoshihiko directly outspent himself in money, bought in large quantities, and used Japan's abundant foreign exchange reserves to compete with himself.

Play, in this way, whoever has more money will be able to win the final victory. Obviously, Noda Yoshihiko believes that the US$50 billion in foreign exchange reserves in his hands is enough to defeat any speculator.
Chapter completed!