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After display of readiness of the broker from Shearson to make the proposal on 600 points below the first broker me has intrigued, how much far the today's market downwards is ready to go. "I more low on 2 000 points!" I have loudly cried in a hole. 1 The Warrant-filler the broker executing in a trading floor of a stock exchange of the demand of clients. a comment transfer. 2 Bidy and it (it) the declared prices for purchase and sale. A purchase Kind-price. It (it) the price Sales. a comment transfer.
GREAT TIMES 7
The broker from Shearson did not fluctuate. "I more low on 3 000 points!" it has cried out in the answer.
Here lines! - I have thought. The market has decreased already on 3 000 points, and we at all have not started to trade. To present this situation, it is necessary to tell that those days growth or falling on 400 or 500 points was considerable movement.
"4 000 more low!" I have begun to yell.
"5 000 more low!" - the broker from Shearson has countered.
Thus, 8&?-Ά?¦it have opened on 5 600 points more low. It was free falling, but as prompted me an instinct, we have appeared close to a bottom. "I buy!" I have shouted to the broker from Shearson through a hole when the trader standing ahead, has seized me by a hand.
"Lewis! I will sell to you 150!"
"I buy!" I have shouted in the answer.
I have quickly scratched the transaction on the card and have lifted eyes.
After a second other broker has caught my eye. "I sell 300", he has told to me.
I "can not", I have beeped in the answer. I have just bought 150 contracts and have not been assured that in a status to digest risk of 300 more contracts in the market which so can easily fall or give recoil.
Two seconds later the trader on other party of a hole has drawn my attention. Combining signals hands with the strengthened movements of lips, he has asked me: "That you do?"
I "sell", I have responded.
I "buy", it has beeped in the answer.
I have offered those of 150 contracts bought less than for half-minute before on 2 000 points above that price on which has bought their itself. I have made 1300 000 dollars on one transaction. But I also knew that buy 300 more contracts, my profit would make the round sum of 5 million. But I could not look back. I have reached the internal limit of risk. I have made some small sales, having received pure 40 000 more or 50 000 dollars. Then all has bothered me. I have passed last trading card to the clerk, left a hole, have gone to a bathroom, and me have turned inside out.
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