legendary trader

Chapter 786 787 Once Crazy Silver

"By the way, when will the [-]-odd lot orders in our hands be closed?"

Although the Nasdaq is still hovering around 4 points, it seems that it wants to go up, but every time it reaches the 4 point mark, it hesitates to fall back, but the Nasdaq futures side does not care about the trend of the underlying stock market. Given the opportunity, the Nasdaq futures June contract has already reached the 6-point mark early.

Zheng Xiaopang knew that Qualcomm was also the focus, and now the Nasdaq Futures side seemed to have no risk, so when Chen Fan directed Qualcomm's operations just now, he waited quietly, and didn't make a sound until Qualcomm was on the right track. ask.

"There is no need to close positions today, short sellers are more anxious than us."

Chen Fan smiled. He knew that the market would continue to rise in the next two days. Isn't it too early to close positions now?

"If you say that, it's cool, and now you've earned more than 400 points, ahaha"

Zheng Xiaopang is laughing complacently at this moment, not caring about his own image at all.

In the next hour or so, the rice stock market fluctuated and went up.

As the price of the Nasdaq futures June contract broke through 6 points in the intraday session, the Nasdaq index in the underlying stock market finally ended its adjustment below 4100 points and began to increase in volume.

The rising trend continued until the close. The Nasdaq closed at 4148.9 points, down 75 points, or 1.77%. Although the index failed to turn green, but looking at the record in the last hour, the index rose 3674.62 points from 474, an increase of nearly 13%. There is no such thing as being crushed by short sellers at the opening of the market.

Qualcomm closed at 73.31 yuan, up 2.93 yuan, or 4.16%.

In fact, the intraday increase was more than that. A few minutes before the close, Qualcomm's stock price touched 74.12 yuan, but Chen Fan felt that there was no need to raise the positive line too high.

Chen Fan has noticed that Qualcomm's daily chart now needs a violent up and down shock to complete the last test work before the "breakthrough".

Yes, Chen Fan has already made a plan for the trend in the next few days in his heart, that is, he wants to create the illusion of an upward breakthrough. If he does it well, he may be able to get rid of the pile of hard-to-sell items in the past few days. Most of the stocks poured out.

As for the more than one million shares of Oracle Software, the trend of this stock today is similar to that of the broader market. The market maker does not seem to make an upward attack. When the second circuit breaker, Oracle’s share price had fallen to 32.54 yuan, and then the market rose retaliatoryly. The trend can only be said to be quite satisfactory, and there is no performance of stealing the limelight. When the market closed, it closed at 37.97 yuan.

"Maybe it's testing whether we still have stocks in our hands."

When Zheng Xiaopang asked that the oracle bone inscriptions were also owned by Zhuang, why there was no performance when the market skyrocketed in the final stage today, Chen Fan casually expressed his guess.

Indeed, today, all the stocks that you care about have performed well in the final stage, let alone a large-cap stock like Qualcomm that has directly reversed and turned green, but the same Oracle software has a weak trend and has not shown it at all. It is puzzling .

When Xu Jing arrived at the resort overnight, Chen Fan, Zheng Xiaopang, and the group of traders had already gone back to the house to rest.

Xu Jing was sitting in an office, looking at tonight's record compiled by the risk control team.

In fact, up to now, the whole project is in the final stage, and there are not many stocks left, just two.

At the beginning of the night, in order to protect the market, more than 200 million shares of Qualcomm stock were collected, but in the final stage, not only did they sell all these stocks at a high level, but also reduced their positions by more than 200 million shares. Nearly 900 million shares of Qualcomm were traded throughout the day , and the transaction amount exceeded 6 million yuan.

And the most important thing is the Nasdaq futures. More than 10 long orders have earned more than 6 pips, and the floating profit has exceeded 6 million yuan.

Of course, a market like today's is definitely not a common market. After all, the volatility is so violent that I didn't see how many positions were blown out in the market.

After a long-short battle, whether it is long or short, a large number of customers have liquidated their positions, which is still rare in the previous market.

Originally rushing over in anger, Xu Jing planned to trouble Chen Fan, but after knowing the shocking reversal of the rice stock market on the way, Xu Jing naturally calmed down, and her heart went smoothly. Now seeing such operating performance, Naturally, there is nothing to say.

"Arrange a room for me, I will rest here tonight."

Xu Jing instructed the accompanying secretary.

It was too late, and she didn't bother to go home. After all, it took more than two hours to go back. Even if there were few traffic jams at night and speeding, it might take less than two hours to get home, but now she didn't bother to leave.

As a big boss, it is not a matter of minutes to arrange a room in a huge resort. In fact, she has prepared herself, but Xu Jing has never stayed in the resort. , and regular cleaning is also in progress, that is, it is ready for use at any time.

Soon someone went over to clean up again. After cleaning, Xu Jing also yawned and walked to her lounge.

This place is actually located on the same floor as Chen Fan and Zheng Xiaopang's lounges, and it is one of the most luxuriously decorated rooms in the resort.

After waking up, Chen Fan and Zheng Xiaopang took care of their personal hygiene, walked into the restaurant one after another and just sat down. Before they could order food, they saw Xu Jing rushing in excitedly.

You can say anything over the phone, but when you see Xu Jing appearing in front of you, Zheng Xiaopang feels bad.

"Miss Xu, when did you come?"

Zheng Xiaopang hurriedly got up and said to Xu Jing.

"Hello, Miss Xu."

Chen Fan also hurriedly said hello, thinking that the market was so good last night, didn't she know that she needed to rush over here?
Xu Jing ignored the two of them, Da Lala sat on the empty seat next to her, and said calmly, "Last night was amazing, how dare you not answer my phone call."

These words were aimed at Chen Fan, and Chen Fan could hear it, but now he would not follow along, but shook his head and said: "At that time, I was worried that it would affect the analysis and judgment of the market, so I asked them to Don't answer the phone, just do what I say."

When Chen Fan said this, he was serious, and he didn't look like he was lying or deceiving. If it wasn't because he was sitting there last night, Zheng Xiaopang might have been fooled by him.

However, in Xu Jing's eyes, Xu Jing was a little suspicious of such superb acting skills. He didn't know if it was true. Chen Fan didn't answer the phone because he was worried that outsiders would affect his analysis of the market.

"Sister Xu came here early in the morning, isn't it to give out a bonus?"

Chen Fan continued to speak, as if the fact is so good.

"I arrived last night."

Xu Jing stared at Chen Fan for a long time, but couldn't see anything, so she said leisurely, "I'm hungry, let's eat first, is there any food?"

"immediately."

Zheng Xiaopang said hastily, and then took the menu from the waiter who was waiting beside him and quickly ordered. When Xu Jing asked Xu Jing if she wanted to order, Xu Jing just shook her head, and the waiter quickly left here with the menu .

"What are you going to do after this?"

After the people walked away, Xu Jing asked.

"Retreat as soon as possible, the main force of Migu should also be running, we must try to run in front of them."

Chen Fan smiled, but suddenly seemed to think of something, and continued to ask: "By the way, sister Xu, what happened to the game last night? I still feel scared when I think about it now."

"I also just got the news before. It is said that some funds have judged that the rice stock may be going to the top, so I plan to enter the market to short, but there is a lot of noise, haha"

Speaking of this, Xu Jing suddenly laughed, and laughed for a while before continuing: "It's not clear where the short-selling funds are, but it must be short-selling, and you should be able to see it, but it's a good thing, at least you guys last night The bottom copy is beautifully done."

"That is, we predicted early on that the market would rebound, but at that time the market and some restrictions made it impossible to further increase the position."

Zheng Xiaopang hastily answered.

"Forget it, if you buy the bottom according to your intention, the profit will be less than half."

Chen Fan shook his head with a smile, and directly revealed Zheng Xiaopang's details.

"When will those long orders start to be liquidated? There are also stocks, when will they be sold out?"

Xu Jing continued to ask, in fact, she wanted to know how long the rebound of rice stocks would last. From Chen Fan's previous words, Xu Jing already knew that they judged that the market was only a rebound trend, and it would definitely continue to fall after the rebound.

"It should be the exit in these two days. Oracle doesn't have much left, so you can leave at any time. As for Qualcomm."

Chen Fan paused for a while when he said that, it seemed to be a trick, but in fact, Chen Fan was not sure if he could ship the goods smoothly, so he thought about his words before saying, "I'm going to try to make a fake breakthrough, and see if I can attract more people." More funds come in to take orders, and take away the remaining chips in our hands."

"In fact, the initiative in the market is still in the hands of the main funds, and it depends on where they want to force the shorts."

Speaking of this, Chen Fan smiled, "Even if the short sellers retreated urgently last night, they have been too deep in the market before, and I still haven't figured it out. Who gave them the courage to short, and they are still playing So unscrupulous, completely ignored the main force."

"Then after we retreat, should we be empty? Anyway, you also said that the main force is probably retreating."

Zheng Xiaopang brought up his previous rhetoric again, that after the market was over, he backhanded and sold short positions, making short money and then leaving the market.

"I can only stay at the stage of thinking. To be honest, I am a little afraid of this main force. It is too powerful. Manipulating the market is like playing."

Chen Fan shook his head and said, this is also his true thought.

In fact, at the beginning, there was indeed the idea of ​​riding a ride with the wind, and after getting off the bus at the station, whether to operate it with a backhand, but the more he got to the back, the more Chen Fan understood the strength of his opponent, and handling such a large plate was really beyond the reach of ordinary organizations. .

Therefore, he was a little scared, worried that he would be targeted by others for his short positions, and even more afraid that his short positions would destroy other people's plans and be approached by others. If we meet in the international financial market, once the other party finds out that it is me, I am afraid that I will hunt them down to the death.

Although the financial market is a winner-takes-all world, sometimes it is necessary to leave some leeway in operations, because you are worried that the other party will jump the wall in a hurry.

Thinking of this, Chen Fan's heart twitched.

"You are, sometimes you are really too timid, and you are worried about offending others, but you have already offended them by earning their money."

Zheng Xiaopang on the side took up the conversation again.

Xu Jing didn't speak at all, just sat there and listened quietly.

"That's in the rice stock market. It's right to be careful. You've already made money. If you make money, leave. They don't say anything. If you eat their food, you'll smash the pot."

Having said that, Chen Fan still shook his head.

"Do you remember the Baiyin case? It's what the Hunter Brothers in the United States did. They forced too many institutions to death. They were too dark-minded, so they were targeted by others, and they directly drew their salaries from the bottom of the pot. There is nothing left."

The "silver incident" mentioned by Chen Fan actually happened 30 years ago. At that time, there was a pair of super rich men in the United States named Bunker Hunter and Herbert Hunter. The two brothers tried to profit from manipulating the futures price of silver.

At that time, the price of silver was 2.90 yuan per ounce. Under the joint manipulation of the two brothers, the price of silver skyrocketed to a price close to 7 yuan in only two months.

Subsequently, some countries reduced their silver reserves in large quantities, causing the price of silver to plummet to 4 million yuan.

But the two brothers did not stop because of this unsuccessful operation, especially some loopholes in the market were discovered in the early stage, and such speculative activities really made money quickly.

In the next few years, the two brothers began to join forces, attracting a large number of rich people who had real money in their hands to participate in this project.
It can only be said that these two brothers are really capable people. They have won over the royal family of Saudi Arabia and big silver brokers such as Continental and Sunshine, and have spent several years owning and controlling hundreds of millions of ounces of silver by purchasing at market prices. The cost price of silver they hold is about 6 million yuan.

When they felt that everything was ready, they began to push up the price of silver. It took a year to directly push the price of silver from 6 yuan to 48.7 yuan per ounce, and even hit a record of 50.35 yuan. new highs.

The price of silver has risen several times. It is conceivable that during the entire rise, how many investment institutions saw short-selling opportunities and raised funds everywhere to enter the short-selling market, but what is the outcome waiting for them.

Whenever a big short enters the market, it is often accompanied by a sharp rise in the price of silver, directly blowing out the opponent's position, leaving no way out.

What happened to the Hunter brothers in the end?

When they were full of ambitions, the owners behind those investment institutions who had lost a lot of money finally chose to take action. They partnered to kill them, and the reason was still so reasonable and legal.

In order to ensure the safety of the financial market, although the way the Hunter Brothers manipulated the silver price complied with the trading rules at the time, there were huge risks. In order to eliminate these risks, the Futures Regulatory Association of the United States directly revised the exchange trading rules. loophole.

(End of this chapter)