"Even if the copper price you said will be a weak pattern in the future, how dare you guarantee that the stock market index will not continue to rise sharply after the holiday? You have also seen that when the stock market index rose sharply on September 19 and September 22, the copper price rose sharply, and if the stock market index continued to rise after the holiday, the copper price will definitely rise. If the stock market rises sharply after the holiday, it goes without saying how high the copper price will rise, as long as it rises to the high point of September 23, have you calculated how much you will lose on your 4,000 short orders?

"That's the other question I'm going to tell you, the stock market index will fall after the holiday is a high probability event. ”

Yuan Jie said: "You are very accurate in futures, I admit it, but when did you become a stock market expert? Since you dare to predict that the stock market index will continue to fall after the holiday, haven't you noticed that the wave of rises on September 19 and September 22 is a clear signal that the stock market has bottomed out?"

Li Xin didn't answer Yuan Jie's question, but asked, "Have you paid attention to the trend of the Dow?"

Yuan Jie was asked: "No, what's wrong?"

"The Dow is now in the process of accelerating its decline, and if I'm not mistaken, the Dow will definitely fall sharply on Monday," Li said. ”

"What about your reasoning?"

"Don't think about anything else, if you look at the candlestick chart of the Dow, you can see that it's a very obvious bearish alignment. If the Dow closes this evening without breaking through the pressure of the 20 EMA, it will definitely fall sharply next Monday and break through the recent lows. ”

"Are you so sure?" Yuan Jie couldn't believe what Li Xin said. Not to mention that she didn't take a serious look at the trend of the Dow now, even if she looked at the trend of the Dow Jones seriously, she would also feel that Li Xin was a little too arrogant to make such a judgment.

Li Xin said: "You are a veteran of a futures company, and you should know more about technical analysis than I do. The Dow's influence in the world is second to none, and the index is futures, which can be traded in both directions. From a technical point of view, the Dow must have its own reasons for coming out of this pattern. Isn't there such a saying? The trend of any investment product in the mature market fully shows all its information. Moreover, the reason why technical analysis works is because the vast majority of people in the market of investment products believe in this thing and rely on this analysis to do things. Then when the Dow Jones gets out of this bearish arrangement, the main funds in the market will not turn a blind eye. This is the best opportunity for them to make a profit by shorting downward, and will those financial oligarchs in the international market let go of this opportunity?"

Li Xin put forward these lofty reasons, which made Yuan Jie feel that Li Xin was pretending to be a scholar again. But Yuan Jie couldn't refute him for a while, so he had to say: "Even if you say so, but the risks faced during the National Day holiday are almost visible to everyone, why don't you want to think about this factor? Even if you want to short, you can wait for the market to open on October 6, when the price comes out of an obvious downward trend, why do you have to enter today?"

Li Xin said: "I'm afraid it will be too late by then. ”

Yuan Jie let out a long sigh: "Alas, maybe by October 6th, it's really too late!" She said that it was late, and the late one she said to Li Xin actually didn't mean the same thing.

Of course, Li Xin could hear what Yuan Jie's words meant, and he said: "There is no point in fighting for these now, let's see on October 6th." ”

"Well, whatever you want, I hope you're right. ”

Li Xin was on the phone in the pavilion and was heard clearly by Xia Xiaona in the villa. As soon as Li Xin hung up the phone, Xia Xiaona came over and asked, "Whose phone is it?"

"The futures company called. Li Xin replied.

"Why can't you live in peace on vacation, why are they chasing so hard?"

"They reminded me to be aware of the risks during the National Day holiday. ”

"You've already sold and opened a position?"

"Yes. ”

"Does it matter? I also feel a little risky. You see that the ups and downs of the past few days are often one or two thousand yuan up or down, the next week or so is a holiday, how will the price go after the holiday, are you really sure?"

"Don't worry, I've thought it through. Li Xin originally wanted to say that even if the trend of copper prices after the holiday is contrary to my judgment, then it will not be able to skyrocket by more than 7,000 yuan in one day, right? As long as this is not the case, then counting the more than 150 million yuan of profit before, his two transactions are still profitable on the whole.

Originally, he wanted to use this to make Xia Xiaona feel relieved, but suddenly he felt that after saying this, it might make Xia Xiaona even more worried. So the words were already on his lips, and he held back again.

The rise in copper prices a few days ago is most appropriately described as short-lived, and now the price is getting lower and lower, which makes Xue Chenzhi feel a lot of pressure.

After the futures market closed, he couldn't stay in his office any longer, and went downstairs to discuss with Zheng Guorui: "How can this price go lower and lower?"

Zheng Guorui wanted to say: "I originally thought that the price would not go up." But he knew that Xue Chenzhi didn't want to hear such words, so he changed his tone and said: "Today is the last trading day before the National Day holiday, and it is normal for many parties not to dare to pull up the price in this place." ”

"If the price rises after the holiday, what does it matter if the price is raised now?" Xue Chenzhi asked.

Xue Chenzhi's words made Zheng Guorui speechless, he hesitated for a moment, and then said: "After all, the domestic futures market will be closed for 5 trading days, and no one can say what will happen during this period, everyone is avoiding risks." ”

"You mean it's possible that prices will continue to fall after the holidays?"

Of course, this possibility cannot be ruled out. ”

Xue Chenzhi said: "I don't understand, copper prices have fallen to this position, how much room is there for downward?"

Zheng Guorui didn't answer his words, he thought to himself: as long as you don't sell the new mine, the cost per ton of copper for the entire group will remain high, so you will have to worry about the rise and fall of copper prices for a long time in the future. As the former director of the smelter, don't you know how much of a burden the new mine will have on the entire group? As long as you get rid of the burden of the new mine, the profit per ton of copper in your current smelter is still quite considerable. At that time, will you still be worried about the rise and fall of copper prices by four or five hundred yuan a day as you are now?

Xue Chenzhi saw that he and Zheng Guorui couldn't talk about anything, so he turned around and went out to find Huang Hongliang to understand the sales form.

He is now looking forward to the rise in copper prices, but he does not see any good news. Even the London copper price, which led the domestic copper price sharply a few days ago, is now languishing.

He now has a feeling that he is like a fish on a cutting board, allowing the knife of the market to be slaughtered at will, but he has no ability to resist.

A huge southern bloc has come to such a helpless point today, if it had been placed a few years ago, who would have believed it?

Hou Gui, director of the cable factory, arranged for Zhu Fangzheng, the head of the sales section, to go to the Southern Group early this morning to buy a batch of raw material copper: "You kid hurry up, get this matter done for me before getting off work today, otherwise, from tomorrow to the holiday in the ten days, if the production line stops because of the shortage of raw materials, I can ask you." ”

Zhu Fangzheng smiled: "Factory director, have you forgotten? Although the two days after tomorrow are Saturdays and Sundays, they have been transferred to the National Day holiday, and the two days after tomorrow are also working days, even if you can't do it today, there will be time for the next two days." ”

Hou Gui's eyes widened: "Can I not know this? Don't say that I will go to work in the next two days, our factory's production workshop will also work normally during the National Day." But the question is, do you know how the sales company of the Southern Group arranges holidays? In case they work for two days after tomorrow just to mean something, you can't do this and you can't get raw materials for production, won't our production line stop for 10 days during the National Day? How many times have I told you that everything has to be prepared in advance, have you listened to it?"

"Listen, listen, I'll do it. Zhu Fangzheng nodded and agreed.

Hou Gui shook his head, sighed, and went back to his factory director's office with his head down. This is one of the things he was most worried about before the National Day holiday, and he originally wanted to put it after the holiday, but after thinking about it again, he still decided to buy another batch of raw copper today.

The wave of copper price rise a few days ago shocked Hou Gui into a cold sweat, and he secretly regretted that he did not seize the time to buy a batch of raw copper when the price was at a low level.

Unexpectedly, after a few days of fearful worry, the price of copper gradually fell back to last Friday's price.

Originally, with the trend of copper prices rising rapidly and falling rapidly, he felt that copper prices should have room to fall. But the problem is that the production raw materials in the factory are a little tight during the National Day holiday, and he is not sure whether the copper in the raw material warehouse can be used on the production line until after the holiday on October 6.

If that is the case, he would rather wait for the next batch of raw copper to be purchased after Oct. 6, when he expects the price to be lower.

However, because he was worried that the production line would be forced to stop work during the National Day due to the shortage of raw materials, after careful weighing, he still decided to go to the Southern Group today to buy a batch of raw material copper, even if the price is a little higher, to prevent the danger of the production line stopping.

Hou Gui's life is not easy now.

In the past year or so, although the price of copper has fallen sharply, the problem is that the sales market of cables is also very sluggish, for him, the decline in product prices is greater than the decline in raw material prices. So his life is not as good now as it was a year ago.