My prediction was right, markets resumed it's price assassination. The trading screen blinks red furiously as the hours past by.
Even the software company wasn't spared. The volume sold was unusually heavy today. I called John in for an opinion.
"Does this particular selling look odd to you? I suspect someone is shorting it", I asked John.
"You're right. The volume spike isn't normal. It could be the major shareholders flushing out the minor ones to buy low", he comments.
"My thoughts exactly".
"What's your next course of action? I peeped at the financials that day, the company is a gem. It should be fine", John tries to assure me, albeit unconvincingly.
I took a deep breath and analyse the bloody mess on the screen. It was dipping below my entry point. There were 3 choices, either I cut the positions though that's not up for discussion since there wasn't enough volume to absorb plus its getting ridiculously cheap. If it rebounds the moment I let go, I'd literally slam my head on the monitor.
The 2nd would be to retaliate and absorb the selling. That'll be virtually a poker game calling each other's bluff and may the most funds win.
Lastly, pray for a miracle, let the selling subside and wait for new bargain hunters to come in and boost the prices. It was 4 pm now and there wasn't sufficient time left. I said a prayer and wait. The only person who has never disappointed me my entire life is my Father in Heaven.
It was tough, watching it go in flames without an action. I was probably being dramatic but it was the partial truth.
"Wait, look", John pulls a chair and sat next to me, "Its slowing down".
True enough, the selling was slowly subsiding and there were buy orders nibbling. I feel a glimmer of hope rising from within. I tested with a few orders myself and whoever on the other side that was buying was certainly whacking the prices up aggressively.
It was huge funds pouring in, and forcing the shorts to close their position.
"Up, up, up, up", I chanted under my breath. Markets were closing in 3 minutes exactly
A strong closing was required and I can shut the screen with no worries to bring home.
"Thank you God! ", I praised, collapsing onto the chair in relief. John looks astounded. "You know, when I said things would be fine, I certainly didn't expect it to close with such a big bang".
"Me too", I agreed, thanking my Heavenly Father in my heart.
I was mentally exhausted by the time market closed. My brain and heart was weak from the rollercoaster ride of emotions. Nate's car was parked by the sidewalk of my apartment building.
Nate steps out of the car, with a bottle of whiskey and a paper bag once I came out of mine.
"Hi. Long day? ", he grins, waving the bottle of whiskey in hand.
"I'm not in the mood for this, I battled a crisis today", I replied, moving past him and entering the elevator.
Nate trails closely beside me to the lift, till inside my apartment. Taking his usual seat on my couch, he takes off his tie and unbuttoned the collar. He enters the kitchen and returns with 2 empty glasses and a bucket of ice.
I glanced at Nate warily, lacking the mental capacity to handle the present situation.
"Don't worry. I'm here as a friend. It's been a stressful day at the markets, surely we can share a drink and break bread over pizza", he grins mischievously, handing me a glass of whisky.
YOU ARE READING
LUST, PRIDE AND OTHER FEELINGS
Romansa[COMPLETE - 82,300 words] A smart career driven woman isn't necessarily as wise in love. Brooke Morgan, a successful senior hedge fund manager learnt her lesson the hard way. Cold, jaded and void of emotions, she's coined as the Ice Queen of Wall St...