"Enron is not only the largest purchaser and seller of natural gas in the United States, but also a leading wholesale energy market maker. You know, when New York Life had an accident, it was not so pessimistic. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 info"Harry obviously doesn't know much about Enron's situation.

"Enron Group was originally engaged in the distribution of electricity and natural gas in the United States, and the construction of power plants around the world, as well as the laying of pipelines, and Enron Telecommunications' assets are also very good, and now it has entered the field of water affairs, but unfortunately, the pace of development of Enron Group is too fast, in the case of rapid growth of the physical business, profitability may not be able to keep up, if it can last a few more years, let this international group take a breath, and the foundation can be completely stabilized!" Delia sighed.

"Dafu Bank, which has abundant cash flow, is completely two extremes compared with the Enron Group, which has rapidly expanded its fixed assets, and if the main force of the short side of New Zealand crude oil is Enron Group, after being defeated by Dafu Bank in one fell swoop, it may be difficult to turn over, especially after suffering a heavy blow in the short term, it is easy to have an adverse chain reaction." Although Harry is not yet completely sure of the main bears who speculated on the current month contract of New Zealand crude oil, because of the movements of Tatfook Bank, he can't help but feel that the situation of Enron Group is not optimistic.

"No matter what you do, making money is the last word, except for Enron Group, do you think there are any opportunities after the abnormal fluctuations in New Zealand crude oil?" Di Liya kept an eye on the trend of oil prices.

"At noon Hong Kong time, after the New Zealand crude oil contract launched a wave of sharp rise, it has been six hours now, looking at the trend of oil prices at this time, it seems to be affected by the previous one, has gradually turned around, and the market sentiment has turned from empty to more, but if the Tatfook Bank operates in it, it is difficult to grasp!" Harry seems to be quite concerned about the proprietary market of Tafook Bank.

"The electronic disk of New Zealand crude oil will end at 8 p.m. Hong Kong time, but the second wave of the rally is not fierce, if Tatfook Bank participates in it, do you think there will be a pull up before the end of the electronic disk?" Delia asked Harry.

"According to my understanding of the proprietary department of Tatfook Bank, most of its operations are focused on same-day operations, and there are few overnight positions, but the trend of New Zealand crude oil contracts in various months is slowly rising, in addition to the contracts of each month, there is also the main resistance of the short side, and the contract transactions in most months are quite moderate." In the face of the slow rise in oil prices, Harry is also difficult to grasp.

"The second wave of the slow rise of New Zealand crude oil started at 4 p.m. Hong Kong time, and the increase in the monthly contracts was very limited, and the movement of funds was far less clear than the first wave of attacks on the current month contracts...... "Before Di Liya finished speaking, a female information officer from Citibank had already hurriedly come to her side and whispered a few words.

Finding that Deria's expression changed again and again, Harry only felt that there should be some important news.

"Take a quick look at the November contract for New Zealand crude oil, and the December contract." Without waiting for the informant to leave, Di Liya shouted to the henchman trader of the investment department.

"The November contract for New Zealand crude oil is now trading at $19.96, while the December contract is at $19.88, which is limited to the current month's contract." An old trader quoted.

"What do you think?"

The big electronic screen kept switching between the November and December contracts, and Delia asked Harry a little anxiously.

"The current month contract is now above $20, and the November and December contracts, even if they are not as strong as the current month contracts, can be regarded as near-month contracts, and if oil prices rise, the three-month contracts should bear the brunt." Harris replied thoughtfully.

"I'm not asking you this, but I'm asking you to talk about how you feel about the November and December contracts." Delia took a deep breath and said.

"There seems to be resistance from the bears on the disk, after all, the turn of New Zealand crude oil today is a little too sudden, and the main short-selling institutions are not limited to the current month contract, and the short-side institutions of the near-month contract obviously do not recognize the flip of oil prices." Harry had some vague speculation.

"At noon, the wave of contracts for the month rose rapidly, I let people count, from the beginning of the Dafu Bank to the end of the high, conservative estimates of profits are also 40 billion US dollars, if the Dafu Bank does not completely give up continuing to be long, which months do you think it will choose, as the main variety." Delia is already very targeted.

"Naturally, it is better to choose the last three months of the contract, as the main variety, first of all, the current month contract, in the roller coaster market, the turnover is extremely sufficient, the positions of both long and short sides are unstable, and the contract in November and December, the main force of the short side is still resisting, which will create conditions for large funds to enter the market." Harry's eyes were slightly open, somewhat unexpected.

After receiving Harry's reply, Delia quickly walked over to the older henchman, whispering eagerly, as if arranging something.

"Is it representing personal interests?"

From the fact that Delia did not warn Citibank's headquarters of the dangers of Tatfook Bank borrowing Enron shares, Harry had a certain feeling that, as the president of Citibank's Hong Kong branch, she was more interested in Citigroup's interests than Citigroup.

"Just now, the informant came to report that it has been determined that Tatfook Bank is constantly creating new long positions in the last three months of the New Zealand crude oil contract." It wasn't until Delia came back that she told Harry.

"Do you want to make a three-month contract together? Now in the market, there should be no weighty bears, if it is for the perspective of the game, there is no need for the monthly contract to form a linkage effect. Harry was unsure, but he had a guess.

"Even if it is a game, it is not out of consideration for institutions, but in the same market game, the reason why we do a three-month contract together is more because of the need for large funds to build a position, and there are more bids, so that we can better and more fully layout and enjoy the rich benefits brought by the expected trend." Delia smiled slightly, already very confident at this time.

"Don't wait for the oil price to be fully adjusted in place, and then enter the market again? If you don't have to look at the high line, this operation is inevitably unsafe, after the first wave of New Zealand crude oil pull adjustment, Hong Kong time from 4 o'clock in the afternoon, although the strength is not urgent, but it has been slowly and gradually upward, the cost of building a position does not need to be calculated in detail, but also know that it is constantly rising, and at the same time operating for three months of contracts, the follow-up pull up strength should also play a question mark. Harry doesn't think the current market is working like Tafook Bank's style.

"Dafu Bank unusually changes the method of operation, it seems that it is to do a wave of international crude oil short-term and medium-term trend, from four o'clock in the afternoon, it has now passed more than two hours, so not in a hurry to operate, it is estimated that it may be the majority of the components of the news, if the market in the case of fundamental changes, spontaneously upward, then there is no need for too much money to promote." Delia said thoughtfully.

"Are you hoarding and waiting for the right time? This is not a speculative tactic, even if the electronic disk is over, it will turn to the market to openly shout, but it is not without risks, and New York is still borrowing Enron Group stocks, which is completely playing the rhythm of multiple lines, which line will rise first? "Harry is a little bit off the mark.

As for borrowing Enron Group's shares, even if it has signed contracts with major securities companies and investment banks, because the over-the-counter trading rules of U.S. stocks, as well as the background of Tatfook Bank, it is only a small part of the commission to be paid first, and the actual expenditure will not occur until the number of shares is repaid, and don't forget that put options not only do not require a lot of investment in the early stage, but also can increase leverage, so even if it is operated on multiple lines, The real pressure on Tafook Bank is not very much. Through contact with Harry, Delia felt that he was not up to the high level of capital operation shown by the proprietary department of Tatfook Bank.

If there is anything that Harry can value by Delia, it is that he has stayed in the proprietary department of Tatfook Bank, and he can have some guesses about Zheng Fan's operation ideas and the development direction of Tatfook Bank.

As for Harry's optimistic view of the technology industry, Di Liya just smiled secretly, since he also has a direction, the rest is to screen out high-quality growth companies, and it doesn't matter if he has him on this basis or not.

Because Di Liya had also been to the proprietary department of Dafu Bank before, and had come into contact with some core investors, in her opinion, even Ji'er's role in Zheng Fan was limited to work and expanding the capital communication circle.

"I'm afraid that the entire Dafu Bank, for Zheng Fan knows best, and the most intersecting with his work and life is the financial director Ye Qian, not only the funds of Dafu Bank, are strictly controlled by her, even Zheng Fan's real idea of being the boss, as well as the core secrets of all aspects, she will have some grasp, but this most sensitive point is untouchable, otherwise I am afraid it will be fried, compared to Ye Qian, at the moment this Harry is simply dispensable for Zheng Fan, and even for Tatfook Bank." The brown-haired young woman Di Liya smiled on the surface, but she was secretly thinking in her heart.

"Are you grabbing goods? The rally in the New Zealand crude oil contract in the past three months seems to have accelerated somewhat. Finding that Delia's henchmen in the investment department led several investors to operate actively, Harry had a guess even if he didn't go to the computer to look.

Harry didn't think it was at Tafook Bank before, but after coming to Citibank's Hong Kong branch, he clearly realized that the reason why Di Liya reused him was not because of talent.

"Fortunately, I have reservations about the financial statements of Enron Group before, and I have not invested too deeply in the operation, otherwise this time the change in New Zealand crude oil, I am afraid that it will bury a lot of funds in the stocks of Enron Group, since Tatfook Bank bites New Zealand crude oil, I can add a certain amount of leverage hedging between oil prices and Enron Group stocks, so that not only can I recover losses, but I may also have a good harvest, but in the final analysis, Zheng Fan is the key factor." Delia only felt that it would be difficult for Harry to offer anything of value.

(The second update will be sent.) ）