The two sides had temporarily stabilized a t the current price line. They were fighting each other but it
seemed to be to no avail.
Their funds were like tap water pouring crazily after opening the faucet.
I would harvest your orders while you
devoured mine.
Just as Jasper had said before, once funds of f this magnitude started a decisive battle, any so-called
gaudy technical operations were meaningless. What was left was to see who had a stronger
background.
“Add in 20 billion US Dollars.”
Jasper pondered for a moment and said, ” The price should be lowered a bit. The current stalemate
must be broken.”
“But if we do this, our reserve funds will b e in danger and Quantum Fund and Layman will likely
follow.”
Shaking his head, Jasper said, “We can’t consider too much at this moment. Now, the entire subprime
market is like a panicked chicken coop. Every chicken is in a manic state so we must increase the fear
in each and every one of them. Only in this way can this chicken coop be overturned. Otherwise, the
more of a stalemate the situation becomes, the worse it will be for us.”
Conrad sighed and nodded, acknowledging that Jasper’s decision was the correct one.
With that, another 20 billion US Dollars entered the market.
The 20 billion US Dollars was like the last small weight on the scale that could barely maintain balance.
Although it was only a small amount, the overall market trend began to tilt toward JW Foundation.
They were burning money, and what more, this was real money that was being burnt.
No, even burning real money would not match the speed at which Jasper was
spending it.
Every minute and every second, Jasper’s funds flowed out in 100 million units. In reality, 100 million in
cash took several hours to completely burn out even if it was set on fire.
However, the effect of spending the money was immediate.
The messy subprime market was becoming increasingly chaotic. In this chaos, the capital’s instinct to
avoid losses could make them choose to start withdrawing. Once these funds were withdrawn, then the
confidence that supported the current market position would also disappear.
This was also the reason why financial
wars were the opposite of sieges.
In a real siege, the defenders naturally
had the advantage.
However, in the financial war, the defenders had to consider too many things while market confidence
was the most important thing. In every financial market in the world, the biggest stakeholder was the
retail investor, and they were the fundamental force that
decided the direction of the market.
However, these retail investors would not
die with large organizations.
Even if circumstances permitted, they
would follow the winner’s side to launch a
predatory charge against the other party.
For example, there were now a lot of retail investors who believed that the short position was powerful.
Sooner or later, the long side would be unable to support itself, causing the market point to drop. After
that, they would follow the trend and enter the short side. Once the point dropped, they would also
make money.
Making money was the most important
thing in their minds.
Meanwhile, how the vast majority of retail investors predict whether the market was good or bad could
be summed up in two simple words, which was market confidence.
It was also the core concept of the competition between JW Foundation with Layman and Quantum
Fund this time. Whoever steered market confidence in their direction would win!
Read Life at the Top -
Read Life At The Top Chapter 1785 with many climactic and unique details. The series Life at the
Top one of the top-selling novels by Cold Night. Chapter content chapter Life At The Top Chapter
1785 - The heroine seems to fall into the abyss of despair, heartache, empty-handed, But
unexpectedly this happened a big event. So what was that event? Read Life at the Top Life At The
Top Chapter 1785 for more details
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