605 Reverse reversal
Volume 2 got the copper brother and the copper brother 605 reversed
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The people who rise and fall in the huge whirlpool of the market are also divided into three, six, nine and so on.
They have those powerful entrepreneurs, who are either large copper producers or large copper users.
There are also those foundations, which are also very large, and the scale of their funds is even much larger than that of those big entrepreneurs.
But in general, they are generally the same as the entrepreneurs, tend to be conservative, and together with the entrepreneurs, form the basis of this market.
Generally speaking, the movement of this big fund determines the movement of the market.
For example, the market that was originally traded by copper producers and copper-using enterprises will immediately become a market dominated by large funds once large funds enter, and prices will definitely rise.
But more importantly, the price has become very stable.
It turns out that the market price level is the central axis of market changes.
As soon as the big fund enters, this entry price becomes the base line of the market.
Then, according to the contest of all parties, it floats more or less upwards on this basic line.
Once the market level falls below this baseline. This market is in great trouble.
Because the funds have set a stop-loss price.
This price is generally 10%.
In other words, once the red line of 10% is touched, the big funds will run away.
Isn't it worse for an already bad market to be divested by large companies?
Therefore, the pivotal actions of large companies are generally the cause of market collapse.
However, there are exceptions to this pattern of behavior.
It's these big funds that want to get out, but can't.
Just like the copper market now.
The changes in the market, like mountains and waterfalls, are pouring thousands of miles in an instant, and all of a sudden, it has become a white land for the other party's customers, and if you want to get rid of it, no one will take it over at all.
Therefore, these big funds are tied up, and they can't escape if they want to.
Among the current market players, the Morgan syndicate, the Grant family, and the Copper Brother and the Copper Brother all belong to this kind of mega fund organization, although the Grant family, the Copper Brother and the Copper Brother are all cameos, but they play bigger than those majors.
Among them, the copper brother and the copper brother are actually a combination of these two types of players.
Therefore, the bad luck of the big fund being trapped and unable to get out of it is that they bear the brunt of it on their heads.
Therefore, their current mood is worse than the ants on a hot pan.
In addition to these two categories, there are more adventurers.
They all have money in their hands, but they have neither copper products nor ketone materials, so they just peek at the opportunity, make a handful and leave.
There are a lot of these people, and not all of them have large sums of money, but it is not excluded that some people have huge amounts of money in their hands.
The deposit of these people is necessary, otherwise there will be no active futures market.
If the futures market is not active, there is no need to save zĂ i.
If the futures market is cancelled, those who are the real users will lose their room to operate.
Those big funds have also lost a huge place to revitalize the fund.
One of the main functions of these people is to increase the actual market size to tenfold, hundredfold, or thousandfold the original size.
This final scale is only limited by their enthusiasm, their ambition.
These people are waiting to be fed in this copper futures market now.
Because of their opportunistic nature, they sell put options when the market continues to fall.
In order to collect those premiums as your own.
Because none of them think that the market still has a chance to rise.
In fact, it's not that they think, most of them are people who go with the flow, and what those big funds think is what they think.
There are some people who have a little independent opinion, but they are also rare, and they don't necessarily have the right opinion.
Otherwise, they would not be mixed in with the crowd.
They are now desperate to close their positions!
Their mood is that they have been wiped out, and even if there is a straw, they have to catch it.
Therefore, their current behavior pattern is to buy and close positions at any cost!
So they led the trend of higher seller option increases!
This trend has dragged those big funds into ruin!
Because the final settlement is based on the transaction price.
As a result, the big funds desperately tried to drive down the price in order to reduce the loss, but in the end they had to pay the price of those speculators, which greatly increased the loss.
In other words, the speculators' bezoars and dates decided the fate of the big fund Jinshan Yinhai.
For those owners, risk hedging, as well as IMF hedging insurance, actually has little impact.
Although they also participate in the surge of the market, they can always lose on the one hand, make up for the losses on the other, or vice versa.
Always maintain a balance between what you lose and what you gain.
If there is a gap, it is never too big.
After the two major tricks of Grandhouse, the futures market appeared for a short period of stability, and then stabilized and declined, and it seems that it will return to the original downward trajectory.
At this time, there was a seller's order on the market, and it began to drop to $2 a pound, whether there was a real seller, or whether there was actually none, but it was still made out of nothing, and it is not known for the time being.
The tension in the market has been greatly eased, but it is obvious to all.
Especially those who are opportunistic, and even start to celebrate.
Although they have no products and no consumption, they still know a lot about the two big players of the Chilean Copper Federation and Israel.
It's hard to reverse their trend.
In just a few moments, the market price of copper selling options has touched $1.5 a pound!
At this time, not only those speculators, but also those big foundations also breathed a sigh of relief!
Including Grandlou also feels that the overall situation is decided!
Only the peer copper brother is still nervous!
They learned from the lessons of their fathers that the water here is deeper than they see!
They are ready to make a decisive move as soon as a seller under $2.5 appears!
In his subconscious, the other party's big move has not yet come out, and there must be!
Sure enough, his bad premonition was very accurate.
Qiao Zhi's big move is coming!
It's not a move, it's a combination punch!
China Minmetals issued a message: "Through the verification of the State-owned Assets Supervision and Administration Commission of the People's Republic of China, the copper content of China Minmetals' copper mines in Peru has been reduced again, from the original 12 percent to the current 8 percent, which is an extremely poor mine! The state is making a comprehensive assessment of whether to postpone mining, wait until the emergence of high and new technology, or permanently abandon it! The resulting reduction in production is estimated to be 500 to 10 million tons. â
The first feeling of everyone is that this news is true and credible.
The SASAC doesn't just send messages.
The nearby CBS copper mine in the United States is this copper content level!
As soon as this news came out, it played a role in the market, and the price swished and went back, and the put option on copper was still $2.5 a pound.
(To be continued.) )