The War of Resistance Against Japan: Special Operations Battalion Traverses Shanghai and Slaughters

Although such a huge windfall suddenly fell from the sky and hit Livermore on the head.

But he wasn't knocked unconscious. Livermore saw Shen Tunan and Wei Ruola and was about to turn and leave.

He blurted out, "Mr. Shen, please wait a moment. May I ask, when you approach me for cooperation, is it really just to use the fame I once had?"

Shen Tunan gave Livermore a deep look before silently nodding.

"Of course, not everyone can earn the title of King of Speculation, nor can anyone be easily called the Wolf of New York."

“Mr. Livermore, I think you should regain your confidence. Back then, the financial tycoon Morgan begged you to leave the stock market alone, and President Wilson even met with you personally.”

"I believe that when you appear on Wall Street tomorrow, you will write a new legend."

After Shen Tunan finished speaking, he and Wei Ruolai drifted away.

But his words kept echoing in Livermore's mind.

After a long while, Livermore finally came to his senses. He slowly walked into the bathroom, looked at his disheveled and haggard self in the mirror, and loudly encouraged himself.

“Livermore, you must pull yourself together, because you are the Wolf of New York, you are the King of Speculation.”

The next morning, Shen Tunan and Wei Ruolai arrived at the Wall Street Stock Exchange ahead of schedule.

Before eight o'clock, Livermore, dressed in a suit, bow tie, top hat, and leaning on a cane, appeared before them, looking radiant.

Livermore gracefully removed his hat and greeted them, saying, "Good morning, Mr. Shen and Mr. Wei."

Seeing Livermore so different now, Shen Tunan was very pleased and nodded with a smile.

"Good morning, Mr. Livermore. You are very punctual, and your outfit is very nice today."

"Thank you."

Many of the people around didn't recognize Livermore, since he hadn't been there for a long time.

Just as the three were discussing things in hushed tones, Mike, the general manager of the stock exchange, happened to pass by.

He had dealt with Livermore quite a bit before, so he recognized him immediately.

“Oh my God, Mr. Livermore, I never expected to see you here.”

Livermore smiled and nodded: "Good morning, Mr. Mike. I'm about to continue trading. Is my account still active?"

Mike was shocked. He thought to himself, "Didn't they say Livermore went bankrupt? And that he spent all his time holed up in his apartment drinking heavily?"

Why is he suddenly so energetic today, coming to say he wants to continue trading? Has he gotten rich again?

Despite his doubts, Mike's excellent professionalism led him to greet her with a smile.

"Sir, your trading account is still there, of course. I remember there were a few hundred dollars in it."

“Very good, Mr. Mike, here is a check for five hundred million dollars. Please deposit this money into my trading account.”

"What? Five hundred million dollars? Holy crap, are the rumors false? Livermore is not only not bankrupt, but is even richer than before."

Mike took the check with trembling hands and then hurriedly said...

“No problem, Mr. Livermore. Please come with me. I will prepare a comfortable VIP trading room for you and then handle the necessary procedures for you immediately.”

After Mike led Livermore, Shen Tunan, and the other two into the VIP room, he instructed the staff to bring them coffee before hurriedly going to handle the formalities himself.

Just kidding, that's five hundred million US dollars. Looking across the entire United States, there is absolutely no one else who can come up with such a huge sum of money.

Moreover, Mike had calculated that if Livermore used the $500 million to trade stocks, they would earn at least several million dollars in commissions.

After Mike left, Shen Tunan gave Wei Ruolai a wink, and Wei Ruolai hurriedly took out two agreements from his briefcase and placed them in front of Livermore.

Shen Tunan immediately said, "Mr. Livermore, this is a cooperation agreement. In order to be fair and just, and to bind each other, please sign your name."

Livermore nodded, picked up the agreement, read it carefully, and signed his name without hesitation after confirming that it was correct.

After signing, Livermore asked curiously.

"Mr. Shen, what are your plans?"

Shen Tunan had already done his homework, so he said.

"Currently, the Dow Jones Industrial Average in the United States has plummeted from its peak in 1929 and is now only in the eighties."

"And the S&P 500 is now only a mere twelve points."

"Looking at stock prices, the steel company's stock price fell from a high of $262 per share in 1929 to $21, General Motors' stock fell from $92 to $7, and Burlington Railroad's stock fell from $78 to $4."

"However, although the prices of indices and stocks are already at historical lows, it does not mean that they cannot fall further."

“Like steel company stock, which is currently at $21, we could easily drive it below $10.”

"Although the price only dropped by ten dollars, which doesn't seem like much, the drop in magnitude is a full 50%."

Shen Tunan's viewpoint was endorsed by Livermore.

"Mr. Shen, your point of view is very correct. I think we can concentrate our funds to short several key stocks."

"This will create panic in the market, thereby encouraging more people to join the short-selling camp."

"In that case, achieving your goal of making the stock market hit new lows is absolutely no problem."

Shen Tunan smiled mysteriously and said, "Mr. Livermore, you are absolutely right. However, the stock market is like a stagnant pool right now, with very little trading every day and a pitifully small trading volume."

"So what we need to do now is to get the stock market active."

Shen Tunan's words earned the admiration of Livermore, a seasoned speculator.

Actually, this was Long Fei's advice to Shen Tunan after they met that day, in response to several questions raised by Shen Tunan.

Long Fei's suggestion not only solved these problems but also greatly inspired Shen Tunan and Wei Ruolai.

At the time, Shen Tunan pointed out that the US stock market had been sluggish in the past two years, with low trading volume.

He worried that once the $500 million entered the stock market, it would act as a catalyst, reviving the stagnant market.

After all, the Great Depression in the United States has lasted for ten years, and the stock market has already fallen as low as it can go.

This will stimulate investors and prompt them to buy frantically, ultimately causing the stock market to rise instead of fall.

Long Fei was aware that this situation might occur, but he had already prepared countermeasures.

Longfei's advice was that the bigger the waves, the more expensive the fish.

First, we must revitalize the stock market and attract everyone's attention.

Any financial speculation profits from volatility; without volatility, even a god would shake his head.

As for the activated stock market, which direction it will develop in, that will require some strategies and tactics.

Of course, Long Fei also gave Shen Tunan some advice in this regard.

Therefore, Shen Tunan's first priority is not to short the stock market, but to revitalize it so that he can seize the opportunity to catch big fish when the storm has passed.