Chapter 392: Something Happens at Noon

The short intimacy made Li Xin unsatisfied.

He opened the car door and wanted Xia Xiaona to sit in the car with him, Xia Xiaona said: "My mother is still waiting for me to go back, and they said that it was too late to go back, let's go another day!"

Her words reminded Li Xin that although her parents couldn't see this location upstairs, if she delayed downstairs for too long, her mother would definitely be suspicious.

Xia Xiaona's mother said not to let Xia Xiaona go home too late just now, and the words echoed in Li Xin's ears again, if her parents felt that what they just said was taken as a deaf ear, then the next time they met, it would be a little embarrassing.

So Li Xin had no choice but to suppress her surging emotions and reluctantly say goodbye to Xia Xiaona.

When he got home, he couldn't sleep, and he tossed and turned in bed for a long time, and then gradually fell asleep.

After coming to the office on the morning of the second day, Li Xin was busy with his work while keeping an eye on the trend of sugar futures prices.

After hitting the highest closing price of 4707 in nearly half a year the day before yesterday, the price of sugar futures fell slightly yesterday and closed at 4663.

This small black candlestick caught Li Xin's attention, because it was the first black candle after 8 consecutive long white candlesticks.

Does this signal that the market will usher in its long-awaited correction?

If it is really a pullback, how much of the pullback should I enter the market?

With these questions in mind, he waited for the opening at 9:00.

The futures price is almost flat, and the difference from yesterday's closing price is only a single digit, which is completely negligible.

Immediately afterwards, the price fell slightly, the lowest fell to 4640 yuan, and then driven by a wave of buying, the price began to rise from this position wave after wave.

By about 9:50, the price had broken through 4690 and was about to reach the integer mark of 4700 yuan.

Li Xin secretly sighed: This low-level buying power is really big, and it seems that his desire for a pullback is about to fail. Such a trend indicates that the market will look at least four or five hundred points higher. Because yesterday's black candle was a pullback after 8 consecutive bullish candles, it stands to reason that there must be a considerable decline to be normal. Now it continues to push higher without a pullback, indicating that there is a lot of bullish power in the market outlook.

But just when it was one step away from the integer mark of 4,700 points, a wave of surging selling orders suddenly poured out, and the price was knocked down to 30 or 40 yuan within a few minutes.

By 10:14, the price was back at 4665. This change was somewhat unexpected by Li Xin. Because there will be a 15-minute break next, it seems that the bears are premeditated to quickly suppress the price at this time.

Because this 15-minute break objectively makes the transaction appear less continuous, it is easy to panic the disadvantaged party.

In Li Xin's impression, if the price of sugar futures fluctuates sharply before the break at 10:15, after restarting trading at 10:30, the price will basically continue the previous trend and rarely reverse.

Especially now that the price has risen by more than 1,000 yuan in a row, the probability of a pullback seems to be greater than the probability of an increase.

Could it really be that the long-awaited pullback is coming? If this is the case, how much will the price drop after the market opens at 10:30? Li Xin thought to himself.

After finally surviving this long 15 minutes, after restarting trading, the price continued to fall rapidly before 10:15, and in just three minutes, the price fell to around 4570 yuan. Compared with the closing price a quarter of an hour ago, it has fallen by nearly 100 yuan.

Even though Li Xin had estimated that the price would continue to fall, the decline was still far beyond his imagination.

It seems that the callback is really coming. Li Xin thought secretly.

This wave of rapid decline completely shattered the confidence of the bulls, and in the following half an hour, the price no longer had the strength to rise sharply, and has been sideways around 4580 yuan.

And at 11:20, the bears once again made a strong effort to suppress, and the price plummeted by 90 yuan within 5 minutes, and the closing price in the morning closed at 4484 yuan.

Li Xin happily slapped the table: Okay! It's better to have a drop limit, so that in two or three days, I can enter the market long on dips.

Just when she was about to get off work, Xia Xiaona's call came: "I want to go home for dinner at noon, where are you going to eat?"

Li Xin's mind was all on the futures trend, and he didn't think about this problem at all. Xia Xiaona's words reminded him that the market would open at 1:30 p.m., and even if he drove home, he would have to rush back immediately after eating, so he said: "I'll eat in the cafeteria downstairs, take a break on the sofa at noon, and have something to do at 1:30 p.m." ”

Xia Xiaona said, "Why don't you go to the cafeteria to eat, you wait a while, I'll bring you one after I go home and eat, okay?"

Li Xin hurriedly said: "No, no, it's too troublesome for you to run back and forth." Besides, it's at least one o'clock when you come here after you go home and eat, and you and I don't have time to rest after eating, and we are not in a good state at work in the afternoon. ”

"Okay, then I'm leaving. ”

"Hmm. ”

When Li Xin was eating in the cafeteria downstairs, Ma Tianming called Lin Li in his office: "Have you seen the futures price this morning?"

Lin Li just negotiated a deal this morning, and at the moment he is taking a few customers to eat in a restaurant on the street, and after eating, he has to take customers to the warehouse to pick up the goods, how can he have time to see the futures trend.

Lin Li said: "There were a lot of things this morning, so I didn't have time to see it. Mr. Ma, has anything changed?" He knew that Ma Tianming had a lot of eyes, and he was worried that the personnel stationed abroad would be far away from the emperor outside, and no one would supervise and manage them, and they would be lazy and slippery. Some personnel stationed abroad can sleep lazily when they have nothing to do, and they can sleep until noon before getting up, so Ma Tianming often calls various overseas offices from time to time to check on their posts.

There are many ways for him to check his posts, one of which is to ask about price trends. It turned out that he mainly asked about the local sales price to see if the personnel stationed abroad could answer it immediately.

If the personnel stationed abroad are even open to this question, it must mean that this person has nothing to do today, neither going to the market nor contacting customers, otherwise, this kind of question will not be unanswered.

But later, the personnel stationed abroad also learned well, and they will remember the sales price in the last few days in their hearts, as long as the market does not fluctuate very much, there will not be much difference in this price in two or three days.

The most important thing is that Ma Tianming is thousands of miles away, even if this price is a few tens of yuan, he has no way to verify it.

Therefore, some lazy personnel stationed abroad sometimes lie in bed to answer Ma Tianming's phone call and report the market price a day or two ago to him to deal with the matter.

They also know that when replying to this kind of call, the most important thing is not to let Ma Tianming hear that he is still in the bed, otherwise it will be troublesome.

But Ma Tianming is so ghostly, and it didn't take long for him to find that his method was a little inappropriate.

Because he had clearly felt many times that the price mentioned by the overseas personnel was about the same as the price a week ago, and he had the impression that the price had changed.

But the personnel stationed abroad just said conclusively that this price is now in the market, and he knew that he had been deceived, but he could not produce evidence.

Soon, Ma Tianming found another way, that is, to ask the futures price. This price is the same all over the country, Ma Tianming looked at the computer screen and asked you, if you want to say wrong, there is no way to quibble.

You must know that this price can only be seen on the computer, and the price is changing at any time, there is no computer in the dormitory of the expatriate personnel, to see this price, you must go to the office.

Lin Li, as the manager of the area, is an old fritter among the personnel stationed abroad, so he is naturally very aware of Ma Tianming's tricks. So after listening to Ma Tianming's questioning, he honestly told the truth that he didn't know, he knew that he was cautious on this issue, and Ma Tianming would grab the pigtails every minute, which would be asking for trouble for himself.

Ma Tianming said: "Compared with yesterday's closing price, it fell by nearly 200 yuan this morning!"

When Lin Li heard this, he chuckled in his heart. He quickly covered the phone and said to a few customers next to him, "You guys eat first, I'll go out and answer the phone." ”

When I got out of the restaurant, a cold wind blew, and Lin Li's hands, which were not wearing gloves, couldn't even hold the phone.

At this time, although it is already after the Spring Festival, it is still cold in the north. Lin Li wrapped his coat tightly, looked left and right, and simply ran into a grocery store across the street. After entering the door and warming up, he took out the phone: "I'm sorry, Mr. Ma, I was having dinner with a few customers just now, and it was inconvenient to talk about the price." Are you saying that the futures price fell by 200 yuan in the morning today?"

As soon as the phone was connected just now, Ma Tianming listened to Lin Li's voice on the wine table, but as soon as he said two words, there was no sound, followed by the sound of horns on the street, and then suddenly quietly, and then Lin Li spoke to himself.

He couldn't figure out what Lin Li was doing, he was worried that Lin Li would fool him, so he pulled down his face and asked, "Yes, what have you been doing this morning? Why don't you look at the price?" Didn't you go to the office?"

Lin Li hurriedly explained: "I was in the office this morning, this is not a matter of a few customers coming to talk about buying sugar, I have been talking to them about the price. After the price is negotiated, I take the customer downstairs to eat, and after eating, I will go to the warehouse to deliver the goods, so I don't have time to look at the price at all. The customer was sitting next to me, and how dare I say anything about the price drop? If they heard about it, wouldn't the price that had just been negotiated be ruined again? So I quickly got out of the restaurant and ran to this grocery store across the street to call you. ”

"Oh, the price hasn't changed over there today, has it?"