Chapter 277: Collapse
At one point, Sioux City also had the idea that oil prices would keep rising. But he quickly put that thought aside, returned to his seat, and personally read the information of the major news agencies, trying to find useful information in them.
The so-called analysis is nothing more than drawing useful conclusions from intelligence. There is enough open information from major news agencies, and for futures traders, open information may be more useful than secret information.
Oil prices are slowly approaching the $34 mark. This price has already caused a certain loss to Sioux City, which has increased the amount of margin.
However, the red "positive" on the small blackboard is still increasing.
Dahua Industrial continues to move forward in accordance with the established strategy. Even if the environment is pitch black, you can't see the road clearly.
Zhang Chao wanted to say something, walked to Su Cheng's side, and stopped. In fact, judging by reason, it is indeed problematic that oil prices are rising so slowly. People who are familiar with the futures market have a feeling that oil prices are being blocked step by step, and every time it takes two steps forward, it seems to take a step back. Judging from the curve and the state, it seems that oil prices really can't hold on.
However, oil prices are always upward, and even a small increase in oil prices means that the pressure increases exponentially.
"33.8 up. I don't know who shouted.
Zhu Enbo, Yue Zhengyu, Director Huang and others were quietly excited.
The atmosphere on Dahua's side was a little depressing, but everyone's movements were still not slow, and they kept gathering information and materials in front of Su Cheng.
Even if they are not hosting, Su Zhenguo and others can feel the oppressive atmosphere and the feeling of heartbeat.
No one really knows if oil prices will rise to $34, $35 in a tough situation...... $40......
If it does come to this price, no one will feel surprised.
Moreover, the war is about to begin.
As long as the price of oil persists, once the war breaks out, it will be a new ......
"How much they bought. "Director Mao can't stand it.
Professor Dai knew that he was asking about Dahua Industrial, so he made a tacit calculation and said, "It's almost $1 billion." Their pace is picking up. Book loss...... That's more than 30 million dollars. ”
"It's a loss, but it's speeding up. Su Dongyuan said painfully: "30 million US dollars, how much can you do." Is it for him to stop. ”
In his opinion, it would be a pity if the money was wasted like this.
Su Zhenguo glanced at Su Dongyuan and said softly, "Su Cheng himself is not nervous. Look again. ”
His secretary whispered in his ear, "Old Su, it's time for you to rest." ”
"Wait a minute. Su Zhenguo waved his hand and said, "Where did you sleep today?" I think a lot of people can't sleep. ”
Cao Jiyuan is a fat man with a braincase. He rubbed his chair twice and asked, "If it doesn't fall, Sioux City will lose $30 million?"
"It depends on the situation and it will go up. Losses are even more. Duan Yuanguang took a breath and said with a smile: "It feels a bit like a war." It is difficult to choose whether to retreat or to persevere. ”
Everyone unconsciously looked at Sioux City. I saw that his expression had not changed, and the speed at which he gave orders was still slow and firm.
Under his influence, Dahua Group employees swallowed saliva and tapped on computers to search for information and contact foreign traders.
It still looks like it's relaxed.
Cao Jiyuan couldn't help but smile and said, "If I didn't know, I thought it was at the scene of the flood relief." ”
Su Dongyuan twitched the corners of his mouth. I wanted to laugh but didn't laugh out.
Su Xing was silent all the time, staring at Su Cheng with cloudy eyes. He has completely lost the courage to confront. Now, Sioux City is moving in the direction he least wants.
"God forbid, let the price of oil rise to $50!" Su Xing's sincere prayer has never been so sincere.
The curve on the screen has risen slightly, about a few cents. It's just a stone's throw away from the $34 round mark.
Now, people who don't know futures trading also know that once the integer mark is passed, the situation will be worse for Dahua and more wonderful for the State Reserve.
Maybe. It's decisive.
The sound of a chair dragging
The crowd who was tensing the strings immediately looked over.
A Dahua trader. Can't wait to shout to Sioux City from the air: "The price of the New York Stock Exchange is abnormally moving. ”
The main criterion for the price of oil in the Middle East was the London Petroleum Exchange, and during the Gulf War, London reacted sharply to news that directly affected oil prices. But in the shadow of a U.S.-led war, New York is often able to understand the deeper message.
In some cases, the price of the New York Stock Exchange will move before the London Exchange.
Su Cheng deliberately waited for a second before raising his head and asking, "What's the situation?"
"The price fell 0.5 cents. "The New York Stock Exchange and the London Stock Exchange are like two wet markets, although they are not directly related, but their prices are a reference value. Just like the price of radishes in one vegetable market has dropped, the radishes in another vegetable market will not necessarily drop in price, but there will be a trend of price reduction.
Zhu Enbo reacted the fastest, picked up the phone and shouted: "Quote." ”
In an instant, he spoke again in English, opposite the traders in the City of London, who had received first-hand and most accurate information. The final transaction documents are based on their information.
After a few seconds, Zhu Enbo put down the phone and said with some reassurance: "There is no change." ”
Director Huang patted his chest and said with a smile: "Maybe it's really an abnormal change." ”
Before his words fell, the traders of the State Reserve had already shouted: "The London price is down 40 cents." ”
When it went up just now, it was all a few cents and a few cents creeping.
The same goes for the occasional dip.
This time, it's a big move of 40 cents. For the sensitive oil market, it is like a bomb drop.
Sioux City lost no time in ordering: "Make up 1 million barrels." ”
He did not ask for an overcall. Cash is running out, and the more this happens, the more calm you have to be. And, judging from the information harvested so far, it is good to be able to replenish 1 million barrels.
"$33.50 in the London market!" panicked traders at the National Reserve Center.
Nearly 10 traders on both sides seemed to be in collective slow motion, their eyes widened, their pupils condensed, their bodies leaned forward, and their fingers fluttered......
End of slow motion.
All the traders picked up the phones as fast as they could, and roared.
The prices on the screen are not real-time, but manually tapped by traders on the phone to London. The curve is automatically adjusted according to the price. There is a relative lag period.
In this time of sharp price movements, it is simply too late to look at the screen, and there is no point.
"New York down 40 cents!"
This roar heralded the end of the last silence.
The sound of the explosion is endless:
"London fell 15 cents. ”
"London 33.35. ”
"New York is down 20 cents. ”
"London fell 10 cents. 33.25。 ”
"London 33.2. The traders on both sides didn't care who was who, listening with one ear close to them, holding the microphone with the other, and constantly reporting the numbers on their mouths.
Zhu Enbo's nervous lips were dry, and he shouted with anger: "Look at it." What the situation. Has the war begun?
"London 33.10. "In just one minute, all the gains since the opening of today's market have been wiped out. No one answered Juenbo's words, everything came too quickly.
One night back to before liberation. Zhu Enbo wailed in his heart. Listening to the quotation with anticipation, he thought, "The price is falling slowly, maybe it's coming to an end." ”
As the thought turned, the traders at the National Reserve Center howled: "London fell by $1." 32.10。 ”
"New York is down 80 cents. ”
"It's over! Zhu Enbo's whole body stiffened. Half a minute ago. It can also be seen that the New York market influenced the London Board of Trade, which is an indirect effect for the National Reserve Center that trades in London.
But at this moment, London led the decline, indicating that the indirect impact has become a direct impact......
For them, how much turnips in New York sell for is just news, but how much turnips sell for in London determines their own profit and loss.
Zhu Enbo's deputy's eyes were red, as if he was on the battlefield, and he shouted in a hoarse voice: "Do you want to close the position?" It's below the cost line. ”
"Down? Why is it broken? Zhu Enbo's eyes were also red, his small eyes were round, and his fingers were stiff, as if he had just been bitten by a zombie.
"We entered for $32.20. The deputy was almost crying. In more than 1 minute, the situation took a sharp turn for the worse, and there was no time to react.
With the last glimmer of hope, Zhu Enbo ordered: "Close 50%." ”
They prepared $25 million. Now there are 20 million people entering the market, and if you lose half of it, it is not unacceptable.
The deputy didn't have time to give the order, grabbed the red phone and shouted to himself: "Close 50% of the position, immediately." Flat ......"
His voice suddenly disappeared, as if some animal had grabbed him by the throat.
"What's wrong!" Zhu Enbo was anxious to knock his head open.
"No one picks up!" means that. They can't close their positions even if they want to.
Prices will keep going down, and there is nothing they can do about it.
Even if you want to go short, you can't do it with a backhand.
The price has crashed!
Zhu Enbo looked at the screen stupidly, the white line there was still hanging below $34, who had time to correct it!
In the ears, the roar of traders has not stopped: "$31.5, down 20 cents." ”
"London fell 30 cents. ”
"London fell 20 cents. Drop below $31!"
Zhu has heard of countless futures crashes, however, this is the first time he has experienced it firsthand.
At this point, there is no point in making any decisions on the spot. Earlier buy and sell orders have been piled up on the exchange, and when they are processed, it is unknown when they will be.
The following list, ten of which will be revoked.
For all traders, it's waiting time!
A crash is like a tsunami, once it starts, it doesn't end easily. Whether you are prepared or not, you just have to wait for the results.
Whether it is dead or alive, just look at the previous preparation. (To be continued)