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

Chapter 403 Things must turn upside down, or things will turn into peace

Livermore had been away from the stock market for a long time, and now that he was back in, he couldn't contain his excitement and was eager to try his luck.

“Mr. Shen, I think you are absolutely right. So, tell me what we should do now.”

Shen Tunan smiled slightly and uttered two words: "Go long."

"Go long?"

Livermore stared wide-eyed in utter astonishment.

However, Livermore quickly realized it.

After all, he had been fighting in the speculative market for many years. In addition to his own unique trading system, he also had an extraordinary sense of smell and reaction.

Livermore gave Shen Tunan a thumbs up.

“Mr. Shen, I have to express my admiration for you. I understand what you mean: buy stocks first, let the stock market rise, so that everyone can see hope, and then they will flock in. This will naturally activate the popularity and activity of the stock market.”

Shen Tunan nodded approvingly and said, "That's right, Mr. Livermore, that's exactly what I'm thinking. In addition, we can use a small amount of funds to drive up the stock market, and then the price at which we short the stock will be higher, and the profit margin will be greater."

Livermore nodded hastily: "Mr. Shen, how much funding are you planning to use?"

Shen Tunan raised his right index finger: "Ten million."

Livermore quickly agreed, "Okay, I'll check if Mr. Mike has deposited the money into the account so I can place the order right away."

Livermore maintained a proper position; although it was a three-person collaboration, he didn't contribute a single penny.

Therefore, he naturally couldn't arrange for Shen Tunan and Wei Ruo to do the work; he had to do it himself.

Unexpectedly, Shen Tunan waved his hand.

“Mr. Livermore, I would like to clarify that this time, there are three of us. You are the main character, and we are, on the surface, your subordinates.”

"So, let Mr. Wei handle these order-taking matters."

Livermore immediately nodded and said, "Okay, I'll do as Mr. Shen says."

Shen Tunan then handed Wei Ruolai a piece of paper and gave him instructions.

"If you come, go find Mr. Mike. If the money has already been deposited into the account, then buy 500,000 worth of each of these stocks I wrote down."

"Okay, sir."

At 9:00 AM, after the stock market opened, everyone noticed that ten key stocks had opened significantly higher.

The opening price was a full dollar higher than yesterday's closing price.

This immediately caused an uproar throughout the entire Wall Street stock exchange.

Many traders followed suit and bought these ten benchmark stocks.

Within just half an hour of opening, the Dow Jones Industrial Average rose by eight points for the first time ever, successfully breaking through the 90-point mark.

Moreover, as more and more people follow suit, in addition to these ten index stocks, people have also started buying other index stocks and ordinary stocks.

The stock market is becoming increasingly active, and individual stocks and indices are experiencing larger and larger gains.

By midday closing, the Dow Jones Industrial Average had surged 17% to 98 points, just one step away from breaking the 100-point mark.

Shen Tunan, on the other hand, only used five million US dollars.

The three of them went out for lunch together at noon, during which Livermore couldn't help but ask a question.

"Mr. Shen, shall we continue buying this afternoon?"

Shen Tunan shook his head: "We can't keep giving the same stimulant. Since the stock market has already been revitalized, let's give it another shot tomorrow."

"After lunch, we don't need to go to the stock exchange. I need to go back and get a good night's sleep; I haven't adjusted to jet lag yet."

Although Livermore secretly wanted to stay at the stock exchange that afternoon, because he really liked the atmosphere there.

Since Shen Tunan didn't plan to go, he couldn't act on his own, so he agreed to go home and rest.

Livermore's dejected expression could not escape Shen Tunan's sharp eyes.

He took out a piece of paper and handed it over.

“Mr. Livermore, here is a draft of my speech. Go back this afternoon and memorize it.”

"Memorize a speech?" Livermore was completely baffled by Shen Tunan's meaning and asked in confusion.

Shen Tunan picked up his glass and downed the whiskey in one gulp.

Then, with a smile, he explained, "Mr. Livermore, I believe that tomorrow the front page of major newspapers such as the Wall Street Journal and the New York Times will report on today's stock market surge."

"And the stock market has risen immediately after your return to the market today, which will definitely arouse everyone's suspicion and curiosity."

"So, barring any unforeseen circumstances, you will definitely be interviewed by reporters from various newspapers tomorrow."

"This speech is very important; you must know it by heart. It will determine whether our plan succeeds or not."

Livermore was increasingly impressed with Shen Tunan, and he couldn't help but feel deeply moved that China was truly a land of hidden talents and abundant resources.

As expected, everything unfolded exactly as Shen Tunan had predicted.

The next day, the front pages of major New York newspapers were filled with news about the sudden surge in Wall Street stocks.

Some newspapers, in their cleverness, even added their analysis and judgment to the news articles.

Many stock market commentators have even loudly proclaimed that the stock market has been declining for ten years, and the bear market officially ended yesterday, ushering in a magnificent bull market.

When Shen Tunan and Wei Ruolai saw these newspapers, they almost burst out laughing.

When Livermore entered the Wall Street stock exchange, he found at least twenty or thirty reporters gathered at the entrance.

As soon as Livermore appeared, the reporters swarmed around him.

"Mr. Livermore, weren't you bankrupt? Where did you get the money to invest in stock trading?"

"Mr. Livermore, is your sudden return to stock trading a sign that you are optimistic about the current stock market and are preparing to buy at the bottom?"

"Mr. Livermore, you've always been known for shorting. Are you planning to go long this time, or continue shorting?"

"Mr. Livermore, the stock market surged yesterday as soon as you returned to the market. Did you receive some positive news in advance?"

"Mr. Livermore, could you tell us how much money you've invested this time?"

"Mr. Livermore, could you tell me which stocks you bought yesterday?"

The group of reporters buzzed around Livermore like a swarm of wasps, bombarding him with sharp and pointed questions.

In the past, Livermore would have ignored them completely, treating them as if they didn't exist.

But the situation is different now, and Livermore can only put on a fake smile and respond loudly.

"Please be quiet, everyone. I will respond to the various questions you have raised."

"As is well known, the US economy did not recover for ten years after the Great Depression began in 1929."

"But there is no market that only falls or only rises. To borrow an old saying from the Eastern China: things will turn around when they reach their extremes, and things will turn around when they are at their worst."

"Although I unfortunately went bankrupt before, it doesn't mean I will disappear. I have raised a lot of funds to enter the market."

"I believe that the stock market on Wall Street will definitely prosper again, and I am even more convinced that our great America will become even greater."

"As for the other questions you raised, I cannot comment as they involve my personal privacy."

After speaking, Livermore pushed through the layers of reporters and headed straight for the VIP room.

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