On October 27, TI crude oil closed at $52.41.

On the evening of the 28th, the U.S. EIA crude oil inventory was announced, which is different from the API, which is the official report of the U.S. Department of Energy.

The data once again showed that the U.S. weekly inventory increased by seven million barrels, due to the net increase in API and EIA, the U.S. oil cloth oil fell double, and TI crude oil futures closed at $50.78, down more than 3% in a single day, and a cumulative decline of nearly 9% in three days.

So far, Chen Qiaoshan has made a profit of more than $35 million.

In the face of the rapidly rising figures, Chen Qiaoshan didn't feel much anymore, he had developed a new habit in the past few days, and every night, he would always go to Lan Kwai Fong with Elliot to sit down.

The 29th is the last trading day of October.

Hearing that Chen Qiaoshan was going back to Yanjing tomorrow, Elliot, as usual, pulled him to drink two glasses as soon as it was night.

The financial industry is high-risk, with over-the-limit working hours and few ways to relieve stress, and it is said that more than 90% of Lan Kwai Fong's consumption comes from nearby financial dogs.

This transaction does not involve UBS, but as a private financial advisor, Elliot has contributed a lot, and Chen Qiaoshan will naturally not forget his remuneration, in addition to work matters, the relationship between the two is also very good.

There was an accident today, as soon as I entered Garden Road, Eliot's brand-new Lexus was blocked.

This is the financial core area of Central, the Bank of China Tower and the Yangtze River Center are close at hand, looking at the traffic jam in front of him, Chen Qiaoshan asked: "Isn't it all blocked by the cross-sea tunnel, why is there a traffic jam here?"

Elliot was also a little puzzled, "I don't know, this is the first time I've encountered it." ”

Fortunately, you can detour from Hong Kong Park, and after passing Mandarin Oriental, Chen Qiaoshan couldn't help but look at the side of the road a few more times, last April Fool's Day, Leslie Cheung jumped from the top floor of this hotel, and a year has passed in a blink of an eye.

After bypassing an intersection, the two saw that a cordon had been set up less than 400 meters away from Dongfang Wenhua, and there were police officers on duty, no wonder it was blocked.

Chen Qiaoshan asked, "What's going on over there, why are the police closing the road?"

"I drove past there half an hour ago, and nothing happened. Elliot didn't know, he didn't take it seriously, Hong Kong is too small to hide secrets, "Go to the bar first, or it won't be long before it becomes clear." ”

Sure enough, as soon as I entered the bar I frequented, the TV on the wall flashed the picture of the street just now, but it was only a few seconds late, and the news had already ended.

The bar has a quieter atmosphere and is very suitable for casual sitting, and Chen Qiaoshan likes the environment here so that he is willing to come and sit every day, he orders a non-alcoholic cocktail as usual, and Elliot asks for a martini.

"Chen, I came to the bar to relax, you don't touch alcohol, I'm curious, how do you relieve stress?" Elliot raised the Colin glass in his hand, and there was a bit of ridicule in his tone.

"I don't have any pressure at all, I don't need to be relieved. Chen Qiaoshan replied half-truthfully, before the market did not reverse, he was still a little worried, but now that the situation is completely clear, the pressure is naturally empty.

Starting with two million US dollars, in just a few months, Chen Qiaoshan's capital has increased nearly twenty-five times, and the twists and turns in the middle are all seen by Elliot, if there is no pressure, he will definitely not believe it, "Chen, the US non-farm payrolls data will come out the night after tomorrow, and the market will definitely fluctuate, you are in such a hurry to return to Yanjing, can you rush back then?"

Chen Qiaoshan said: "Some business matters have to be handled back to Yanjing, you can just keep an eye on it here, and call at any time if there is a situation." ”

In Hong Kong, the theory of feng shui prevails, Chen Qiaoshan has bet on the right market twice in a row, and Elliot has also explored in his heart, in addition to vision, he is more willing to believe that Chen Qiaoshan is lucky.

The entry threshold in the financial industry is high, but in addition to experience, luck is also essential, and there is no doubt that in Elliot's view, the young man in front of him is undoubtedly the lucky one, "OK, I'll keep an eye on it for you, when are you going to come back?"

Chen Qiaoshan said: "This time I have to delay for a few days, it's hard to say the specifics, the longest is a week." ”

This time it is not just to see the house, Lenovo intends to invest in NSFOCUS Technology, Dong Ying has been in contact with the other party, and the conditions have been clearly understood.

Chen Qiaoshan has made an appointment with Gao Liwei and is ready to make formal contact, whether it is Lenovo or Qualcomm, he has to pull an investor, and Zhu Min has also arrived in Yanjing, and he called yesterday, just to talk about venture capital.

"Elliot, you go and contact a few brokerages again, and try to keep the other party's offer as low as possible. After careful consideration, Chen Qiaoshan does not plan to give up being an air jet fuel.

The opportunity is there, rather than cheapening others, it is better for him to make a little more, and shorting is a normal market behavior, even if the news is leaked, there is nothing to blame.

Elliot frowned, "Chen, China Aviation Oil announced its third-quarter earnings report yesterday, with a year-on-year increase of 34% in revenue, and good performance, affected by this, the stock price has risen by 7% in the past two days, and it should not be difficult to borrow stocks from brokerages at this time, but are you sure of shorting?"

Chen Qiaoshan was speechless in his heart, seeing that he was in a situation of bankruptcy, and the financial report of China Aviation Oil could grow significantly, and he was not convinced.

The better the performance, the lower the cost of shorting and the greater the risk.

As a star listed company in Singapore, before the crisis broke out, China Aviation Oil was equivalent to the big blue chip of the Singapore stock market.

Boiled ducks can't fly, for Chen Qiaoshan, the risk of shorting is close to zero, he looked at Elliot and said: "I can't be sure, you should know that domestic crude oil has not yet been marketized, the current price fluctuations are drastic, and the main business of China Aviation Oil is in China, I don't quite believe in the authenticity of their third quarter financial report." ”

Elliot's eyes flashed, and he asked, "You mean they falsified their financial reports?"

For a public company, this is a very serious accusation, and if the news is true, there is a lot to be written in it.

Unlike ordinary short-selling institutions, Chen Qiaoshan does not need to launch an active offensive at all, as long as he enters at the right time and waits for the crisis to break out, he shook his head and said: "It's just a suspicion, there is no evidence, besides, I am bearish, and I don't mean to take the initiative to muddy the water." ”

Elliot shook his head, as if he didn't believe Chen Qiaoshan's reason, but he didn't ask, but asked the bartender for a martini, and when he was about to continue to discuss the specific plan of making air jet fuel with Chen Qiaoshan, he saw the other party staring at the TV on the wall.

“…… At about 6 o'clock this afternoon, a man jumped to his death in the Standard Chartered Asia Building in Central, the reporter learned that the man was 31 years old at the time, a futures trader of an international investment bank, and the recent crude oil futures market and precious metals have dived, causing countless speculators to suffer serious losses, and the deceased is rumored to be suspected of speculative failure, resulting in huge losses......"

Chen Qiaoshan had long heard that the financial industry topped the list of the top 10 high-risk occupations, and the suicide rate remained high, but this was the first time he had experienced death up close.

Finance itself is a zero-sum game, and when you look at it closely, no one in the market can get out of it.

Suddenly seeing this news, Chen Qiaoshan was inevitably depressed, he glanced at Elliot, who understood, picked up his mobile phone and dialed it out.

After a while, Elliot hung up his phone and said: "The situation is clear, this person is a Hong Kong man surnamed Wang, a futures trader of JP Morgan, he violated the rules and held heavy positions in futures copper, and LME copper plummeted by 10% in a single day the day before yesterday." ”

Elliott did not continue, and the results are no longer known, and a 10% drop in a single day is an absolute disaster for highly leveraged trading.

Fortunately, it was not crude oil, and the gloom in Chen Qiaoshan's heart finally subsided.

He took the cocktail in front of him and drank it down, although it was non-alcoholic, but the strong celery juice mixed with the mint flavor also gave people a strong enough taste stimulation.

Chen Qiaoshan put the empty wine glass on the bar, got up and said, "Let's go." ”

Elliot looked at his watch and said, "If you don't wait any longer, my assistant should be a quarter of an hour away." ”

Although it is only a ten-minute drive, Chen Qiaoshan would rather take the subway around than pass through that section tonight, "You wait, I'll take the subway back." ”

Drunk driving in Hong Kong can be punished by up to three years in prison, as a financial person, Elliot did not dare to defy the law, seeing Chen Qiaoshan's expression was a little solemn, he asked: "Chen, are you okay?"

Chen Qiaoshan smiled: "I haven't touched alcohol, what can I do?"

The rabbit dies and the fox is sad, and the thing hurts it.

Elliot could feel that Chen Qiaoshan should have some scruples in his heart.

In his opinion, Chen Qiaoshan and Wang are very similar to each other, both are unilateral trends in the gambling market, but the winner's net worth has doubled, the loser jumps off the building and dies, and life and death are firmly controlled by the market.