Life at The Top novel Chapter 1398

Everyone who traded stocks hoped that they could bottom fish and sell at the highest price.

It meant to buy at the cheapest cost at the lowest position and sell at the highest price at the highest position.

In theory, this was the ideal way to maximize profit. However, the stock market was unpredictable. Even Winston Benett dared not say that he could do it.

The number of people who wanted to bottom fish but ended up halfway up the mountain were unknown. Then, they would watch the stock price plummet as they were trapped in a high position, doomed to be played for suckers.

Even so, there would never be a shortage of adventurous and bold people in this world.

The 3 point rise had made people like this from all over the world restless.

Huge amounts of funds poured into the United States stock market instantly. The competition between the short side and the long side instantly became more intense.

“Mr. Laine, Fabian is adding to his positions!” Jake shouted.

Jasper stared at the computer screen. Wendy, who had shown up beside him without him realizing, was so nervous that she did not dare to breathe too loudly.

Although she did not know much about the stock market operations, she had heard Jake’s report just now.

So Wendy also knew that every decision Jasper made would affect the direction of at least 7 billion US Dollars. That was right. Over the past few days, Jasper’s total operable assets had doubled, reaching a terrifying volume of 7 billion US Dollars. Such a large amount was enough to fight a normal medium-sized agency on Wall Street.

And after this 7 billion US Dollars expanded to the overall index, other follow-up funds influenced by it would amount to at least 40 billion US Dollars.

If it was converted into Somer Dollars, that would be 320 billion!