Life at The Top novel Chapter 1520

Countdown 9 seconds.

8 seconds.

2 seconds.

1 second.

“Here we go!”

No one knew who yelled this. In the trading hall of Nauritus City, everyone suddenly felt their passion subside in an instant.

This was like facing an important exam. All kinds of tension and anxiety from before were gone the moment they sat down in the examination room to face this exam. Everyone had a serious expression as they dealt with their own affairs meticulously and attentively. On the trading floor, no one in the team of dozens of people was chatting. What was left was the sound of clicking coming from the countless keyboards and mice.

Soon, the intelligence collector was the first to speak and break the silence.

“The Dow Jones Stock Index opened at 7429 points, and opening trading volume continues to increase.”

“The leading rising sector is Internet, energy, and aerospace. Meanwhile the leading falling sector is banking, building materials, real estate, and shipbuilding.”

“One minute after the opening, the Dow Jones stock index fell 9 points and is currently at 7420 points.”

Based on the information gathered by the intelligence collector, the analyst summed up the current situation immediately.

“The rising sectors are basically high-tech industries, while the heavy industries continue to fall, indicating a lack of market confidence.”

“If there is no external intervention, the decline will continue but will not be too big.”

When the analysts and intelligence collectors summarized the data and handed them over to Jake and Baz, as the core traders, the two needed to make judgments based on the current situation.

“What do you think?” Jake asked Baz, who was standing next to him, with a smile.

Jake was experienced and he had long since realized that Baz was nervous.

As a trader, he could not break down under any situation.

Nervousness would most likely lead to mistakes and neglect of details, which was fatal to a very large transaction where even a fraction of a percentage point amounted to hundreds of millions of Somer Dollars.

Baz took a deep breath and said solemnly, “I think that it’s best not to move for now.”

“Explain your reasoning.” Jake continued, his expression showing no hint of approval nor disapproval.

“It has only been a few minutes after the market commenced. All the intelligence and data are not enough to build a reliable model. Besides, our opponents have not yet made any moves. The most important thing is that we are shorting, so the market decline is beneficial to us.”

“If we and our opponents do nothing and the market naturally declines, we will be the natural winners. Therefore, we can take advantage of the conditions to roll with the changes.”

Baz spoke naturally and smoothly. When he finished speaking, he looked at Jake confidently.

It could be seen that Baz, who knew that his lack of experience and instability was his biggest shortcoming, needed Jake‘s encouragement at this moment.

Jake smiled. He turned his head and said to his assistant, “Report this to Mr. Laine and ask him to make a decision.”