Saturday, September 19. Hu Peichao and Li Xuanning talk about the Hang Seng Index on MSN.

Hu Peichao: On September 18, the Hang Seng Index also fell below the last 30 antenna.

Li Xuanning: It should be about the same.

Hu Peichao: So we're ready to do it?

Li Xuanning: Let's see on the next trading day, if it rises, just wait and see if it will come down. If it's down, it's small, and so on. If it is a big fall, seize the low point to buy.

Hu Peichao: Why don't you keep up with the rise, but buy goods instead of falling sharply?

Li Xuanning: It's cheaper because of the big fall.

Hu Peichao: ......

Li Xuanning: I think that at this point, the momentum of the decline is already relatively weak. If there is a big fall, and there is no special big bearish, it should be the last fall.

Hu Peichao: Okay, then I'll buy it depending on the situation.

The Hang Seng Index fell again on September 21, falling 4% intraday to around 7,140 points, breaking all moving averages. Hu Peichao according to Li Xuanning's ideas, on September 21 and September 22, at a position below 7,200 points, bought 20,000 hands long, costing 720 million Hong Kong dollars, and on September 22, the Hang Seng Index closed with a rise of nearly 3%. The goal of this investment in the HSI is to go long to more than 10,000 points. If the target is achieved, it is expected to make a profit of HK$3 billion.

On the National Day of 98, Hu Peichao spent it in HK. The price of NY crude oil has been hovering around the annual line a few days before the National Day, and has never been able to break through the annual line.

Still on MSN.

Hu Peichao: During this period, after NY crude oil rushed to the bottom of the annual line, it has been hovering below the annual line.

Li Xuanning: I feel weak, it should be about the same.

Hu Peichao: Let's wait a little longer, the situation is still clear.

Li Xuanning: Looking at the past few days, it is obvious that long funds are flowing out.

Hu Peichao: It could also be a temptation.

Li Xuanning: I don't think so. In this way, if there is a large volume rush and a firm stand in the next three trading days, then wait first. If it is after the upward rush, the momentum is insufficient, and when it falls back to the annual line, we can make a move. If you're still hovering under the New Year's line, just wait. If it is a big fall, then don't think about it, buy it. Short.

On the day of the National Day, NY crude oil finally rushed to the annual line, reaching a maximum of $16.36 per barrel. When it fell back below the annual line of $16 per barrel, Hu Peichao bought 62.5 million barrels to short, used 10 times leverage, and paid a margin of $100 million, with the goal of falling to $11 per barrel. If the target is reached, it is expected to make a profit of $300 million in the crude oil market. Conversely, if crude oil rises above $17.6, it loses $100 million in margin.