Chapter 738: Fire
Yes, from the very beginning, Zhang Chen was ready to completely end this war in November.
The reason why it has been showing weakness is just to let international speculators smash all the chips in their current hands into November, so that they think that it is still possible to transfer their positions to December.
The international speculator is a collection of more than ten hedge funds led by the Tiger Fund and the Quantum Fund, and it is naturally easy to say anything when fighting a tailwind, but if the risk increases, it is very likely that it will fall apart internally, and it will become the ending of the Eighteenth Route Princes fighting Dong Zhuo.
If they make a big comeback at the beginning, with the Hang Seng Index high, the December futures will rise sharply, and they will have greater losses if they roll over to December. Due to the consideration of risk and operational difficulty, Druckenmiller can only force the position even if he is unwilling.
The liquidation of international speculators does mean the victory of Xiangjiang, and the people of Xiangjiang and the Hong Kong government will of course be very happy, but for Zhang Chen, it is not so cool.
He and Khodorkovsky's $3 billion had already been invested in the futures index, betting against Druckenmiller, Dluckenmiller threw out an empty order, and he would have one more buy order on his side, that is, how much international speculators lost, Zhang Chen could almost make money.
Long and short positions are always relative, there are those who sell, there are naturally those who buy, and the amount of the two is always the same, just like the accounting principle that there must be a loan and a loan, and the loan must be equal.
Therefore, it is Zhang Chen's fundamental purpose to catch international speculators and let them maintain confidence and increase investment before the November delivery date.
Making money, of course, is Han Xin's borrowing of soldiers, the more the merrier.
Of course, Zhang Chen was not carried away by greed, and from beginning to end, he used his own funds and Khodorkovsky's $1.5 billion, without any leverage.
Leverage expands, not only for gains, but also for risks.
There are two layers of this risk, one is the operational risk, even if Zhang Chen is sure, there is no guarantee of 100% success, after adding leverage, the anti-risk ability in operation will become several times worse, and if it is not good, it will blow up, and there will be no place to cry when the time comes.
On the other hand, there is security risk. If you increase leverage, you must deal with large conglomerates, and it will be difficult to hide your own operation from those who are interested. Then, Zhang Chen's role in the whole incident is also clear.
Of course, the most important thing is that because Zhang Chen and Khodorkovsky's capital is strong enough, their own funds can already wrestle with international speculators, if the funds are insufficient, maybe Zhang Chen will be another choice.
Druckenmiller stared intently at the market, giving one instruction after another to his team.
"0118, 3.25, sold 5,000 lots. Sell another 3,000 lots. ”
".58, selling two thousand heads. ”
"0075, no matter what the price, it's all out. ”
"Jonny, sell another 5,000, yes. ”
"The other party is still talking to each other, hehe, okay, since you want to die, then let you die completely, and sell another 10,000 pieces, quickly!"
Druckenmiller squinted his eyes and made various decisions quickly, he had already discovered that someone was betting on Xiangjiang with him, it was not obvious before, but since yesterday, this opponent has reached the level of unscrupulousness, as many empty orders as he buys, the other party will buy as many liters as he wants, and he will be in a tough match with himself.
Druckenmiller mentally calculated the remaining chips of himself and the other party, and a sneer appeared on the corner of his mouth.
Hehe, enough to pull the Hang Seng Index below 7,000 points.
Although it doesn't make much, it's better than a loss, and the Hong Kong government spent so much effort to save the market in November, and in December, it reraised its chips and made a comeback.
Druckenmiller looked at the time, and the market closed at four o'clock with two hours left.
Druckenmiller tidied up his suit, walked into the hall and looked around, every trader was busy with their own work, some were crackling on the keyboard, some took a calculator and placed orders on the phone, and some looked as if they were doing nothing, but their eyes were less than 30 centimeters away from the computer screen, and they were almost on the verge of getting into the screen.
This team is the most elite unit in his hands, following him from the United States to the United Kingdom, from Britain to Dongying, and from Dongying to Mexico and Southeast Asia, creating a miracle that is invincible and invincible. And now, they have followed themselves to Xiangjiang. Druckenmiller believes that this will be another victory, a victory of course!
Druckenmiller clapped his hands: "OK, listen to me." Seeing that everyone had stopped their work and looked at him respectfully, Druckenmiller smiled with satisfaction.
"You've been with me for more than three years, Charles, how much did you make last time in Mexico? 400,000? Oh, that's a lot. Bernie, what about you in Dongying? How much prize did you get? 250,000? Haha, it seems that your luck is not very good. Jonny, you're the oldest here, how much did you take last time in the UK? 1.2 million? Wow, congratulations, millionaire. ”
Everyone laughed, and Druckenmiller paused, "Des, how much did you earn in Indonesia this time?"
Des, a white young man who was just thirty years old, raised an eyebrow: "It's a lot less than what others earned this time, only two million." ”
Druckenmiller put on an exaggerated expression: "Do you hear that? He said that he made less than the rest of you, two million, Jack Welch was your age, only got an annual salary of thirty-five thousand dollars, and he would have regretted when he heard it, why didn't there be a quantum fund in his time." ”
There was another burst of laughter, and Druckenmiller said with a straight face: "Look, this one in Southeast Asia has brought you the most lucrative benefits." But now, I want to tell you that in Xiangjiang, after a month, you can get the biggest income in your life! This time, each of you will have five more benchmark points, and you can calculate how much it is. ”
Again, there is no hedge fund who does not love money, and even more than ordinary people love money, money is not only a tool to satisfy their desires, but also a kind of faith!
Everyone's emotions were stirred up by Druckenmiller, and the temperature in the hall seemed to rise by a few degrees.
"Xiangjiang guy!"
"Stanley, if you give us two more benchmarks, I promise they'll call Daddy. ”
"Haha, Winston, are you still hard?"
"You can ask your wife Millie, she said yesterday that I was bigger and harder than you, haha. ”
“Fxckyou!”
。。。。。。
Druckenmiller nodded in satisfaction, "Hey, wolf cubs, show your fangs and claws to these bitches!"
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63rd Floor, Bank of China Tower.
Zhang Chen stared at Michael Barry with amusement, and the other party had been resting his head on his arms and staring at the ceiling, holding this position for half an hour. If it weren't for the occasional movement of his eyes, Zhang Chen would almost have thought he was asleep.
Zhang Chen noticed that Michael Barry's leg twitched, it should be a cramp, right? Zhang Chen guessed in his heart.
The numbers on the big screen hanging in the center of the public office area suddenly jumped, and Zhang Chen glanced at the time, 14:25.
Buy using model 8 and sell model 3. Michael Barry changed his posture for the first time, scratching at his messy hair and speaking outside with a microphone.
"Aren't you really going to boost everyone's morale?" Zhang Chen couldn't help but ask.
Michael Barry looked at the sky, thought for a moment, and walked slowly to the public office area.
"Now, fire. ”