Chapter 442

There is a country, which borders on the Strait of Malacca, with an area of ​​just over 700 square kilometers, and its urban infrastructure ranks first in the world.

  It is called Singapore by many people, formerly known as Xingzhou or Xingdao, also known as Lion City, in Southeast Asia.

  It's 85 miles north of the equator, and although be aware of the winter monsoon season, its tropical climate means it has beach days year-round.

   Despite its proximity to world-class beach destinations such as Thailand and Indonesia.

   But Singapore's own beach coast is sometimes overlooked.

  16 kilometers away from the city, known as the most beautiful Siloso Beach in Singapore, there are bars and restaurants everywhere.

  On weekdays, Siloso Beach is very lively from morning to night, full of people and tourists.

   But in the past few days, there were no customers on Siloso Beach, and even the bars and restaurants were closed.

  Because the Singaporean authorities claimed that there was something wrong with the sand of Siloso Beach and the authorities were going to repair it, it was closed for a few days.

   Reopening time to be determined.

  However, at this moment, on Siloso Beach, which was supposed to be closed, in the seaside manor among the coconut groves.

Abel was wearing beach shorts and sunglasses, lying on a deck chair, blowing the sea breeze in the sunset, listening to the rustling of the leaves of the dense coconut forest, looking at the blue sea and the soaring eagles. He felt better.

   Today is April Fool's Day.

   It has been a few days since he left Hong Kong Island and came to Singapore.

   During the few days in Hong Kong Island. Although the Chinese culture on Hong Kong Island is somewhat unauthentic, it is mixed with a lot of impurities after Westernization.

  But he still experienced a trace of Chinese elements that are difficult to experience in the United States, even in Chinatown.

   This can barely be regarded as comforting a small part of the nostalgia in his soul that is just around the corner.

  So after the dinner at No. 26 Garden Road, he left Hong Kong Island the next day.

  During the period, I passed through Thailand, stayed in Siam for two days, and then arrived in Singapore.

   In Singapore, Abel originally planned to stay for a day or two at most.

  Because for him, this tiny place is really not attractive.

  It has nothing to ask for, except for a Strait of Malacca and a stock market with a decent size.

  In other aspects, it is difficult to describe the lack of resources.

  A place where even fresh water is provided by Malaysia, and even most of the electricity comes from there.

   Apart from its very good strategic position, there is really nothing to covet.

   And it is very similar to Han Guo and Neon, with the US military base stationed, and the key is in the hands of the United States.

  Usually in this kind of place, the masters from the United States come, that is, the masters from Singapore...

  No, the night Abel arrived in Singapore.

   I made a special trip to visit him.

   At that time, Abel happened to be receiving two Americans who were working in Singapore.

  One of these two men is called Benjamin de Seural and the other is Ellis Parker Butler.

  The one in front is the US ambassador to Singapore.

   And Ellis Parker Butler is the current commander-in-chief of the US 7th Fleet and one of the main leaders of Zhangyi Base.

  Boss Li was at Abel's place, and when he saw these two, he was naturally surprised and took it for granted.

  Because the envoy Benjamin de Seural was himself the reappointed American envoy to Slope after the shrubs lived in the white house.

   As for Ellis Parker Butler, he's a Texan.

  Bosses would visit Abel who was passing by, and Boss Li thought it was very easy to understand.

  That night, everyone had a great time.

   As for Abel, knowing that Abel is really just passing by, he is not going to show up in public, and will leave in a few days.

  Boss Li couldn't help but heaved a sigh of relief, he didn't just come here to make trouble.

  So the authorities chose to open the door to Alberta in all aspects.

   Even Siloso Beach, a famous tourist attraction in Singapore, is one of the favorite places for foreigners.

   Because of the arrival of someone, it was temporarily closed for a few days, and the closing time is to be determined.

   Open whenever someone wants to go.

   And do it so that someone can experience the pure beauty of Singapore.

   Basking in the sun for a while, and blowing the sea breeze for a while.

  As the sun set, Abel returned to the villa. After washing himself, he came to a large room in the manor.

  I saw dozens of computers in the room, and dozens of blond-haired and blue-eyed Europeans and Americans were sitting busy in front of each computer.

  David Mellon, president of Smith Financial Group and CEO of Smith Capital, who was supposed to preside over the overall situation in New York, was shuttling through the crowd in the room.

  Seeing the boss coming in, the other staff turned a blind eye and continued with their work.

  David Mellon, who was staring at a monitor, got up and came to Abel.

   "Oh, Your Majesty~ You came just in time."

  The heir of the New York Mellon family, his eyes are slightly red, his hair is a little messy, but his spirit is very excited.

   "Like you said, those people... those rotten enemies, they chose to go long!"

   David said in a loud voice.

  After Abel defeated the alliance of several major investment banks in New York head-on more than a year ago.

  David, who participated in the whole process, and the older Smith Capital employees worshiped Abel a little crazy.

   Calling Abel their king, feudal idolatry in the company.

   Also made this kind of worship into the characteristic corporate culture of Smith Capital.

  Abel was against it at first, but David and the others were justified.

   They said, any Wall Street investment bank with a long history, or a financial company.

   Almost all of them have their own characteristic culture inside.

  For example, on a certain day every year, everyone collectively goes to call the girls. The company will also reimburse you...

  Some of the 3rd week and 3rd day of every month is the company-wide group fitness day...

  Some employees put on women's clothing on a certain day of a certain month; some will bring food to the company to share on a certain day, etc.

   In short, each has its own characteristics. David felt that the existence of Smith Capital itself was entirely based on Abel alone.

  Abe is to Smith Capital like a virtuous king in ancient times.

  In ancient Europe, the strength of a country was often determined only by the virtuous king.

  Smith Capital should respect Abel like a virtuous king.

  Adding a little bit of sycophancy eventually formed this kind of culture.

   Now Smith Capital merged with other Texas financial companies and evolved into Smith Financial Group.

  David and other Smith factions are trying to expand this corporate culture that originally belonged exclusively to Smith Capital to the culture of the entire financial group.

  The Texas faction naturally resisted this.

  They admire Abel, but they haven't seen Abel's operation.

   It is not like Smith Capital, which relied on Abel to start the whole process.

  The two sides are currently wrestling.

   And Abel...of course he supported David and the others.

   Not to mention that this is his direct descendant.

   Just the feeling of being adored can be addictive.

   What's more, both Abel himself and the think tanks of the Smith Thinking Group believe that this corporate culture will help strengthen Abel's influence in Smith Financial Group.

  If it can spread out, it can even affect the entire Texas consortium.

  It can be fun, and it can strengthen control and influence. How could Abel not support it.

"Let me see…"

  After listening to David's words, Abel walked in front of several big screens.

  The top half of these large screens display global real-time economic news and political news.

  The other half shows the quotations of various foreign exchange and futures markets around the world.

   These days, there is a reason why Abel is not in a hurry to leave Singapore, which he doesn't like very much.

   On the day he left Hong Kong Island, his talent forewarned something in advance.

  Someone, a very powerful person or force, is eyeing him.

   This made Abel change his schedule.

  He originally wanted to go directly to Singapore.

  But because of this warning, he deliberately went to Thailand to stay for two days.

  During his stay in Thailand, David in New York received orders from Abel.

   Then David led a group of Smith Capital's earliest operator elites to leave New York and arrive in Singapore one step ahead of Abel.

  Abel asked them to temporarily build a financial safe house here in Singapore.

   That is the reason why these people in front of you and why David appeared here.

  From the beginning of the previous month.

  Abel asked Smith Capital to slowly establish a yen position contract in the foreign exchange market, as well as a spot gold futures contract.

  It started when Abel arrived in Singapore a few days ago.

  Under his orders, traders officially began building positions, shorting USD/JPY.

  Stand in front of the big screen showing the market.

  Abe sees that USD/JPY has reached 125.380.

  Talent told Abel that this position is currently a very good opportunity to short USD/JPY in the short term.

  The USD/JPY bull market in the second half of 2001 has come to an end, and now it is the highest position area.

   In terms of fundamentals, the direction of USD/JPY is remarkable.

  Neon Central Bank and Neon Government will continue to guide the depreciation of the yen, thereby boosting the possibility of the country's exports is very small.

   Moreover, the boosting effect of the depreciation of the local currency on export-oriented economies is relative and unsustainable.

  On the one hand, neon companies need to afford increasingly expensive imported raw materials and energy while enjoying the commodity price competitiveness brought about by the depreciation of the local currency.

   Therefore, the excessive depreciation of the domestic currency will bring about the increasingly narrowing of the value-added space of export enterprises in the industrial chain.

USD/JPY is still in the long position of the moving average at the moment, and the daily K-line of USD/JPY has 5 small positive lines in a row. These are all small positive lines with long tails , the upward trend began to slowly diminish.

   In human terms, the strength to support the rise of USD/JPY is getting weaker and weaker.

   USD/JPY is expected to plummet in the future, and now is a good time to open a short position.

   "The problem is... the character who is eyeing me this time is very unusual!"

  Abel thought to himself.

  Already informed by his talent, Abel knew who his opponent was.

  He felt as if the Tenlipo Sword God, who had just left Novice Village, met one of the ultimate villains in the game.

  Clearly knows that he is strong, but because he is facing one of the strongest ultimate villains.

  While I feel that I have the confidence to defeat the opponent, it is difficult to avoid the feeling of uneasiness in my heart.

   Fortunately, the continuous victories have allowed Abel to build a strong psychological defense.

  Newborn calves are not afraid of tigers, let alone the Shilipo Sword God who just came out of Xinshou Village!

  Suppressing the trace of uneasiness in my heart, more expectations appeared later.

   is the expectation of colliding and confronting one of the most powerful financial forces in the world.

   "Hoo—"

   Abel exhaled, and the talent continued to activate.

   Now USD/JPY is starting to top out, at least the top in the first half of 2002.

  The entire K-line pattern is also brewing a big evening star pattern.

  Evening star pattern appears in the upward trend, and it is composed of three K-lines. The first line is the positive line, the second line is the cross line, and the third line is the negative line. The third candlestick's real body goes deep inside the first candlestick's real body.

   This is also the perfect opportunity to open a short position.

  Since this period of time, Smith Capital has established 200,000 short positions.

   Especially in recent days, every time a position is built, it is testing the highest position of USD/JPY.

  Because of those people, Abel only let the traders short one or two thousand lots at a time.

   Only when he appears in person and directs the transaction in person, will the number of shots increase.

  Currently on Abel's side, the average position of opening a position is 125.300, which makes Abel still in a state of floating loss.

   Holding a short position of 200,000 USD/JPY, a fluctuation of one point is 2 million U.S. dollars. Abel's current floating loss is about 40 million U.S. dollars.

  The forty million dollars is just a drizzle to Abel, and he doesn't care at all.

  What's more, floating losses are the same as floating profits. As long as the position is not closed, it is floating clouds.

  Abel knows that if you open a position now, you can't build too much or too fast. If you sell hundreds of thousands of USD/JPY short orders at one time, the market may not be able to digest it, which will easily cause the USD/JPY to plummet.

  Abel didn't want to do this, so he slowly sold out at high positions, trying to get as much goods as possible in the highest area.

   At the same time, be wary of the opponent's operations.

   Betting against these people, you can't expect the trend of USD/JPY to be honest.

   If there was a problem with the betting, he believed that those people would dare to resort to tricks.

   That's why, as soon as he came to Singapore, he found someone to get Ellis Parker Butler and Benjamin de Seural, and even the local leader Lee.

  Benjamin and Ellis, both of whom have a strong background in the Texas consortium, can be regarded as their own.

  Boss Li is a local snake.

  The contact with these three people is that Abel wants to avoid some kind of dog-jumping situation that the opponent may have during his stay in Singapore.

  Actually, if possible, what Abel wants most now is to return to the United States.

   It's just that the betting has already started, and the journey back to the United States has begun to become dangerous.

  That's why Abel didn't run around and chose to stay in Singapore temporarily.

   It is 6:30 p.m. on April 1st.

  Abel saw the current USD/JPY and rushed to the 125.400 position again. He immediately ordered the operators to short 10,000 lots of USD/JPY.

  This approach immediately knocked down the USD/JPY by 5 points before it was supported, and then the USD/JPY began to fluctuate.

  After 5 minutes, he rushed up again, and Abel chose to short 10,000 hands again, and suppressed it again.

   Just like this back and forth, repeated many times, USD/JPY can no longer rush to the 125.400 position.

  At the moment it is oscillating above the 125.300 position, but the support at the 125.400 position is still strong.

   Seeing this situation and the next operation of the opponent who had a talent warning, Abel sneered and said:

   "Since everyone has not tested which is the highest point, then I will make one. 125.400, this is the position I set for you. The ultimate villain, Shilipo Sword God is not afraid of anyone!"

  Just now Abel was at the 125.400 position, shorting 60,000 USD/JPY short orders.

  At present, Smith Capital holds a total of 260,000 short positions in USD/JPY.

  At eight o'clock, when the USD/JPY fell, Abel seized the opportunity and shorted 5,000 USD/JPY again.

  Suddenly, USD/JPY fell two points again, and then was supported again at 125.350.

  Abel immediately continued to increase the short position by 5,000 lots, and immediately the USD/JPY failed to stabilize at 125.350.

   After more than ten minutes, the USD/JPY slipped many points and reached the 125.300 position.

  Abel smiled and continued to short USD/JPY.

  …

  …

  Same time, different time zones.

  When night falls in Singapore.

  It is daytime in New York.

  Manhattan, JP Morgan Chase Bank Trading Department, unique office.

   A younger, more energetic John Cleese was there.

  The head of the Morgan family watched the dollar/yen fall again.

   At the moment it has fallen to the 125.300 position.

   After watching him for several hours, he couldn't help saying:

   "It's a bit outrageous. Why is the opponent just right every time? James, your trade seems to be targeted every time."

  Not long ago, Morgan and Rockefeller, who failed in the "showdown", saw that Abel did not cooperate.

  The two parties decided to break Smith's undefeated golden status, and forced Abel to negotiate with them and force Abel to accept their terms.

  After he and David jointly decided, the operation began.

  Of course, the specific work of market making and trading, buying and selling, etc., naturally don't need the two of them to do it.

  As the core figures of a huge group, what John and David need to do is to make up their minds and make a good decision.

   Then contact other allies, persuade or use other methods to get allies to support their decisions.

   Wait for everyone to unify their opinions and let their will be issued.

   Then the huge consortium machine, the relevant parts will naturally start to operate.

  After that, all they need to do is to keep an eye on the market and be ready to counter the opponent's off-market and intra-market moves at any time.

  Or come up with useful outside moves and inside moves to attack the opponent and increase your winning rate.

  Because it has just started, neither side has yet to make an outside move.

   In other words, the real confrontation has just begun at this time, and it is not yet intense.

  David has low energy, John Cleese has good energy.

   Today John Chris came to inspect the trading room.

   As a result, I saw the marketing department of Morgan Chase. In the confrontation with the opponent, he was almost completely at a disadvantage during the few hours he was there.

  Seeing such a question from the top boss.

  James Robinson, the head of JP Morgan Chase's trading department and one of the presidents of JP Morgan Chase Bank, is sweating profusely at this moment.

  James Robinson previously worked for Citibank.

   In April 1998, the shocking merger of Citigroup and Travelers Group created a precedent for mixed operations on Wall Street.

  In that change, James Robinson and his boss, Jamie Dimon, were shuffled out in the reshuffle of power.

  Jamie Dimon then went to the First Bank of the United States as CEO.

  James Robinson originally wanted to follow, but was introduced to JP Morgan Chase Bank by the other party.

  Because of his excellent investment ability, James Robinson has been promoted several times at JPMorgan Chase and is now the director of the marketing department and the president of the bank.

  This top investment banker has earned more than US$2 billion in net profits for the company each year in the past three years.

  Now I don't know how to explain it to John Chris.

  Because in the few hours that John Chris watched the game just now.

  James Robinson makes trading decisions against Smith Capital every time.

   Almost all of them were dealt with immediately, and were brought back by the anti-general.

  The details here are very complicated, and it is difficult for non-industry personnel to understand.

   To put it simply, the two armies are at war.

  James Robinson is the blue army, and the opposite is the green army.

  Every time the blue army made a little movement, they hadn't reaped the results, and even the bullets hadn't been fired.

   As a result, the green army reacted at the speed of light, leaving the blue army blocked without even a chance to pull the trigger.

   To put it simply, James Robinson is playing games like WAR3 and Red Alert.

   At the beginning of the game, when everyone can't see it.

  The opposite side seems to have opened up the whole picture, targeting James Robinson step by step from the beginning.

  The key is that John Chris is watching from behind.

  Chief trader James Robinson was naturally nervous and broke out in a cold sweat when he asked him such a question.

   Is there a spy on my side?

   Otherwise, why is the opponent's prediction so accurate every time?

   It's too uncomfortable! James Robinson was a little flustered.

  Seeing James Robinson sweating profusely, John Chris frowned.

   After thinking for a while, John Chris said, "You continue your work, and I'll make a call."

   A few minutes later, James Robinson sees John Cleese walking back.

  The head of the Morgan family said with excitement and curiosity:

   "My information shows that Abel Smith is operating the operation in person! James, the person who made you feel so uncomfortable just now is the investment **** of Wall Street!"

  His voice is a little bewitching, but also encouraging James Robinson.

   "Whether you can succeed in killing God and become the CEO of JP Morgan Chase. James, it depends on whether you can defeat Smith head-on. This is a rare opportunity, and David and I will support you behind."

  (end of this chapter)