Life at The Top novel Chapter 180

In the futures market, one could decide whether they wanted to buy or to sell. In other words, to take a bullish or a bearish stand.

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It was a simple idea. Taking the bullish stand meant that you believed the stock index would increase, so when it did, you earned profits.

Taking the bearish stand meant that you believed the index would drop, so when it did, you earned profits.

All in all, it was a gamble of whether the stock indexes would drop or rise.

Jasper believed that the Hansel Index would drop, so he chose to take a bearish stand.

When in truth, the falling of the Hansel Index was a trend that not even God could change.

The figurative tsunami had appeared at sea level, and the only thing anyone could do now was run as high up as possible, since stopping the tsunami was impossible.

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With both Weresoft losing the antitrust lawsuit and Barron’s article, sorrow filled Harbor City’s stock market.

The entire market was starting to crash, and retail investors were trying to escape. Everyone was selling their own stocks, but where would they find an investor who would take over the market at such a time?

For stocks to be sold out, it first required someone to buy them or the transaction could not be completed. Without anyone purchasing, the falling of prices was the only outcome!

Harbor Stocks right now and stock markets all over the world were facing the same situation.

Countless shares were dropping drastically and therefore lowered the overall stock indexes.

Almost every stock price was dropping!

Countless people were hugging their heads in disbelief at the current situation of Harbor Stocks’ trading market. Wails, sobs, screams, and shouts filled the city.

The scene was one of absolute chaos.

At the same time, media companies were trying to report the latest news of the stock market as quickly as they could.

Yet with the major trend of panic spreading through the entire market, the government of Harbor City’s press conference produced no effects.

The drop in the stock index was beyond what anyone had ever seen.