National Tide 1980.

Chapter 1399: The Power of Heavenly Tribulation

"Wei Min, Wei Min, I'm Shen Cun! He fell! He fell! He really fell!"

The voice coming from the microphone was rough. I don’t know if it was because of the overseas call, but the voice sounded a little distorted.

But Ning Weimin couldn't care less about these things.

He immediately glanced at his watch and confirmed the time was 15:22 pm.

Even if there might be a deviation of one or two minutes, he knew that according to the time conversion, at this moment, the market in the United States had been open for about twenty minutes.

He immediately realized that it was most likely the call he had been waiting for, and his voice immediately rose.

"What? It fell! Cousin, are you talking about the stock market on Wall Street?"

"Of course, I'm outside the sales department of a Wall Street securities company right now. You won't believe it, but right now, papers are flying everywhere, and people are shouting and making phone calls everywhere. Everyone is trying to grab the phone. Fortunately... Fortunately, I was prepared. After confirming the situation, I ran outside and grabbed the phone... I'm here to tell you the news! It won't be too late!"

From the phone call, it could be heard that Shen Cun was still breathing a little hard, perhaps because of running, or perhaps just because of simple nervousness.

Ning Weimin certainly wouldn't complain about anything, he just couldn't help but ask excitedly.

"No! Very timely! So what's the situation over there now?"

"What else could it be? It's terrible! It's terrible! This is a super disaster! The three major stock indexes all fell straight down, just like diving. When I came out, the Dow Jones had fallen by 1929%, and the Standard & Poor's by %, and it was only fifteen minutes after the opening. There was almost no buying, only selling. Those huge selling orders came from nowhere, and the people in the market had no time to deal with them. Even the display on the fluorescent screen could not keep up with the speed of the stock price decline! It was so scary! I have never seen such a scene. Many people were shouting, 'Sell! Sell!' Some people shouted, 'Is the stock market crash of coming again?'"

Shen Cun seemed to have adjusted his breathing. He repeated the horrific facts he had just witnessed at a very fast speed.

However, his description of this unprecedented disaster became the greatest good news to Ning Weimin.

Ning Weimin's lips moved back, a brilliant smile appeared on his face, and he said something that was enough to instantly kill the confidence of all stock speculators at that moment.

"Great! I really guessed it. So from this point of view, we all made a fortune!"

"How did you know?" Shen Cun's voice came from the other end of the line again, but this time he was more excited. "Damn it! How did you know all this would happen? Even the investment banks on Wall Street didn't notice it. In yesterday's newspaper, those Wall Street guys were still certain that there would be a rebound!"

"It's just luck!"

"Hey, you're trying to make me swear by using this excuse."

"Haha, if you really want to ask, I can only say that it is based on my judgment of the general trend and the situation of the world's capital market. My financial sensitivity may be higher than that of ordinary people, so I have been making money through stocks."

"No, no, you must know something, but you just don't say it. What else is the reason? Well, I won't ask anymore. Anyway, I have to thank you. Otherwise, I would have become one of those unlucky people! I might have lost two apartments."

Shen Cun was tactful. He controlled his curiosity and did not dwell too much on what Ning Weimin liked.

And his words of gratitude were exactly what Ning Weimin was happy to hear.

"Did you really listen to me completely?"

"Yes, I liquidated all my stocks in the United States. I also sold most of my real estate. I also shorted Lazard Investment Bank's stocks. I originally thought that if I lost money, I would ask you to use a few antiques to pay off the debt. Now, thanks to you, I am the lucky one. It seems that when I go back, I can sit in first class."

"Haha, that's great, cousin. Let me give you another piece of advice: don't be too greedy. Stop when you're ahead!"

"Okay, I'll remember this. From now on, I'll believe you unconditionally if you say anything. I plan to stay here for another three days. Feel free to contact me if you need anything. I wish you the best, too."

After hanging up the phone, Ning Weimin immediately turned to the other two people in the room, Henri Lacamier and Pierre Cardin.

He announced the news of winning the jackpot to them with an even brighter smile.

"Gentlemen, I received good news from the United States. There was a panic stock market crash on Wall Street and it is collapsing. This incident will soon affect the stock market in France. It seems that my judgment is correct. Even God is helping us. So we are afraid that we will not only make a small amount of money this time, we will definitely win!"

To be honest, although the Avengers Alliance has been formed for several days, judging from the market situation, both Henri Lacamier and Pierre Cattin feel that it is not so satisfactory.

Their accounts were financed with a large amount of stock sales, probably about 700 to 800 million US dollars, but the results were somewhat disappointing. LVMH's cumulative decline was only about 7%, while Dior Clothing was slightly better, with a decline of 9%.

In the morning, the decline of Dior clothing once widened to 13%, but with hundreds of millions of dollars of buying orders coming in, the opponent's orders quickly pulled it up again.

They can all clearly feel that due to the surge in sales in Asia, the French fashion industry, as one of the few industries in a weak market that can maintain astonishing profit growth, is very popular among European speculators because of optimistic expectations.

In the French stock market, almost all such stocks are difficult to fall and easy to rise.

What's more, from the perspective of speculation principles, short selling is the most unprofitable thing.

Because the maximum profit margin cannot reach double.

On the other hand, there is no ceiling on the extent of losses.

No matter how bad the negative news is for a stock, its market value cannot be reduced to zero. But on the contrary, once a stock has huge positive news and rises, it is possible for its value to increase several times.

If this kind of thing really happens, no matter who it is, the short seller will only lose his pants.

So recently their heartstrings have been stretched to the extreme, just like a silk thread that cannot be recovered once it breaks.

They all felt that they had limited funds available. The more money they spent, the more pressure they faced from a stock price rebound, and they were afraid that their plan would fail.

I was afraid that I would not be able to receive enough low-priced chips, which would cause huge economic losses. And this would bring unbearable pressure, anxiety, panic, and sleepless nights...

Fortunately, Ning Weimin became their backbone. Not only did he always boost morale with the most positive and firm attitude when they felt hesitant, but his judgment was also extremely accurate.

'At this time, they were brought such amazing news, like the gospel conveyed by God's angel.

Especially when Ning Weimin reported the news, the VIP room reserved for their use became bustling with activity.

The two old men just ran out and took a few glances, and confirmed that the news was true. The disaster in the US stock market had really begun to spread in France.

This news immediately swept away their confusion and stress, and was replaced by a sweet feeling.

Especially Henry Lacamia, who has waited too long for the sweet taste of revenge.

His first reaction after returning to the VIP room was to have a drink.

"Great, great! Are you sure? Is this true? Well, today belongs to us, and victory belongs to us. I'm going to call and ask someone to send over a few bottles of champagne, and we have to celebrate!"

"Haha, Henry, now I can finally relax. I need to have a good drink. This time we can finally win a game. Ning helped us hit a good ball!"

Looking at the two smiling old men here, immersed in joy and busy celebrating, Ning Weimin didn't know whether he should laugh or be angry.

It has to be said that these traditional businessmen are still traditional. They are too naive in finance and are content with just a little profit.

Is this the time to be busy enjoying yourself and celebrating?

No, of course not!
There are not many opportunities with such certainty, so of course we have to maximize our profits.

So he immediately called the broker who was handling the business for them.

He is no longer holding back and is going to use up all the bullets in his accounts and credit limits.

He is no longer focusing on the two target stocks. He wants to take advantage of the fact that the French market has not yet fully reacted and is not 100% sure of the destructiveness of this stock market crash.

Of course he would sell whatever stocks he could get by lending money.

Sell!Sell!Sell!
"What else is there to sell in Lyon's bond warehouse? Two hundred and eighty thousand Totals. OK, I want it! Sell it for me!"

"What else? Airbus, 440,000, I want it too! Sell it, sell it!"

"Safran? What kind of company is this? Never mind. Sell, sell. One million shares. I'll sell them all!"

"What? No credit balance? Impossible... It's really the end! How about this, can you sell me some more of your Lyon Securities shares? Sell me as many as you can!"

At this moment, we see Ning Weimin rolling up his sleeves and working hard, selling securities and shorting at all costs.

The two old men who were smiling just now stood still again, all dumbfounded.

Wolves eat meat from a thousand miles away!
They further felt their own aging and the gap between themselves and young people.

Perhaps, this era is really not suitable for them anymore...

Needless to say, from this point on, the great panic continued to spread around the world like a plague.

In the U.S. market, it was only half past ten and the Dow Jones Industrial Average had already fallen by 508 percent, while the actual number was points.

The daily trading volume is usually around 1 million shares, but on this day it was 6 million shares.

Because of computer system lags, about 28 percent of orders were not executed, including 92 million limit orders.

At this moment, among the 1600 stocks listed on the New York Stock Exchange, only 52 stocks rose, and the rest all fell. Among them, 1192 stocks fell to the lowest level in 52 weeks, and many representative blue-chip stocks were also doomed.

Shares of almost all major companies plunged by around 10%, with financial companies reacting even more.

For example, General Electric fell 13.1%, AT&T fell 19.5%, Coca-Cola fell 16.5%, Westinghouse fell 15.8%, American Express fell 18.8%, Boeing fell 19.9%, JPMorgan Chase fell 22%, Lehman Brothers fell 21%, and Lazard fell 25%.

Many investors, especially small and medium-sized investors, cried out loudly when they saw the K-line on the screen falling straight down just like before they set out in the morning, "Should I sell? Should I sell? Oh my God! What's going on!"

Some people even dare not look at the stock price anymore and have to run outside the securities business department to look for places selling alcohol and cigarettes. Their almost out-of-control emotions and hearts need something to numb and soothe them, otherwise they might really have a heart attack.

In addition, overseas markets are also in chaos due to changes in US stock prices.

In Europe, the Financial Times Index in London was 83.70 points, down 5.1%.

The Credit Suisse bank index fell 6.3%;

European stock markets fell across the board.

Because the French stock market has been in a bear market, the CAC40 index fell the least, but the market still fell by 2.23%, setting the largest single-day drop so far this year.

As for the French heavyweight stocks, there was bloodshed and widespread grief.

Societe Generale fell 9.6%, BNP Paribas fell 7.5%, Total fell 7.3%, Safran fell 6%, Airbus fell 8.6% and CLSA plummeted 13.5%.

As a result, even the fashion industry, which supports the French stock market, was affected.

Hermès turned from rising to falling, from a rise of 1.6% to a fall of 2%.

Gucci, which is embroiled in a family scandal, fell even more, by 6%.

But they still can't compare to LVMH and Dior Clothing, which are being shorted.

Under the impact of the sudden stock market crash, the hesitation of the people in these two companies turned into firm panic, and the negative emotions were instantly amplified.

The two companies plummeted!

LVMH fell 9.5%, and the cumulative decline reached 16.5%.

Dior clothing fell 13.78, with a cumulative decline of 22%.

However, this is just the beginning, even though there is still an hour left before the closing time of the day, especially the closing trading time.

So this day was destined to be a huge disaster for Bernard Arnault!
"Asshole! Why didn't you answer the phone? I've been looking for you..."

Because he couldn't contact Frank Meyer, the usually gentle and polite chairman and CEO cursed at his good assistant for the first time.

As a result, before he could even ask what he wanted to ask, he was almost out of breath by the other party's words, "What else can I do? Of course, help you sell stocks?"

"What? What did you say? You bastard, what have you done?!"

"I sold all the stocks I bought for you today, and also sold some of the LVMH stocks that you had on margin in your account!"

"How dare you sell my stocks without my permission..."

"Okay, don't be silly! I have the authorization, and I'm saving your life! If I don't sell it, you'll go bankrupt!"

"It's not that easy. This is just the beginning. We have foreign aid. Maybe tomorrow..."

"Don't be silly! This is a stock market crash, a stock market crash, do you understand? There are no foreign aids now! Henry and his team will definitely win! It's just your bad luck! Bernard, I sympathize with you, this is too bad..."

"What? Originally you said I could win, and now you're saying this to me! You sympathize with me? Just pity yourself, I'm going to come over and kill you right now!"

However, his financial advisor lost his temper at this point and insulted him again for the first time.

"Hey, you idiot! I'm terribly busy at a time like this. So don't pretend to be an expert and argue with me. You are a half-witted person in this matter! I have to tell you now that Lazard Investment Bank needs to recover at least 50% of the funds we lent out. For the sake of our friendship, as the person who knows your financial leverage best, I will give you one last suggestion. Sell the LVMH shares under Dior immediately. Don't hesitate. This is the best way for you to reduce your losses. That's it. Help yourself. After today, there will definitely be a lot of people who will go to the rooftops, and I don't want you to be among them..."

With a loud bang, the phone on the desk in the president's office was thrown away and hit the wall.

Bernard Arnault, with a face full of anger and blood rushing, gasped and looked at this capricious and cruel world.

He couldn't listen any longer; every word from the other party was like a death warrant to him.

And he still doesn't know that he has actually done a very good job.

But the problem is that he can't solve the problem of time and space intrusion.

This time it was not his fault, he was just tricked by some bad boy who was good at calculating and used the power of heavenly calamity.

His faith collapsed, and with nowhere to turn to, he simply felt that God was unfair.

I had been planning this for so long, and the plan was so thorough and flawless.

Why did it collapse just when it was about to be accomplished?

unfair! So unfair!
How could such an absurd and bloody thing happen to me?
Does God like fools like Henry?
What a shitty world! (End of this chapter)

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