Chapter Ninety-Nine: The Pick-up Man
It has to be said that this rumor of a sell-off of gold by the Swiss Central Bank came at a good time, especially for the Hong Kong market.
There are three reasons: first, through the decline of the global stock market, it has once again dealt a heavy blow to Hong Kong's capital market, especially when the Hong Kong stock bulls are clamoring to attack; Second, the delivery of futures contracts in October is approaching, and choosing to start on this day is not much time left for the bulls to counterattack, and the liquidity of Hang Seng Index futures in October will become worse and worse in the next few days; The third is relative to this wave of short Hong Kong stocks shorts, this is an excellent opportunity to close positions, I believe that this time Hong Kong stocks fell again, even the bulls with confidence have to weigh their own weight.
Nowadays, the market is still in the game between long and short, and who lives and who dies has become a foregone conclusion, but how to die and where to die remains to be discussed.
……
After noon, Hong Kong stocks continued to fall, and no one knew what was going on, although there were two or three brief rebounds, but soon the rebound was drowned out by a more violent sell-off.
"It seems that the bulls and bears have not reached a compromise!" Zhong Shi yawned, shook his head slightly, and then lit a cigarette and tasted it.
The brokerage house is jubilant, they may not have understood the purpose of Zhong Shi's position increase before, but today's Hong Kong stock plunge has proved Zhong Shi's vision.
Yu Detong has made three or four phone calls in a row, and in his opinion, the current number is enough to close the position, even if Zhong Shi opened 2,500 new sell orders, each of which has a profit of more than 75,000 Hong Kong dollars. Taken together, these profits have exceeded 180 million Hong Kong dollars, and with a mere tens of millions of principals, the profits have reached more than 500%, which can be regarded as satisfactory wherever this kind of yield is placed.
But Zhong Shi was obviously not satisfied, and just told him not to act rashly, wait for his call, and then devote himself to the action of keeping an eye on the market.
"9100 points, 9050 points...... is about to fall below the 9,000-point mark, is it time to give the bulls a little thought. What about a lesson for the bears? "Zhong Shi, who is staring at the plate, is not just watching the battle between the long and short sides. One after another, vicious thoughts couldn't stop jumping out of his mind.
The reason why it is said to be vicious is because it may destroy the shorts' plan to close their positions, as the so-called snatching people's wealth is like killing parents, so it is not vicious, how can it be regarded as vicious?
Due to the limited amount of spot chips on hand. Or rather, it's basically the same as nothing. Therefore, Zhongshi wants to stir up the game between the two sides. You can only start from the Hang Seng Index futures market.
Seeing that the Hang Seng Index was about to fall to about 9,000 points, Zhong Shi thought about it and then picked up the phone. said: "Give me 2,000 sell orders, the price is 9,200, and throw them at one time." ”
Yu Detong on the other end of the phone was suddenly a little confused, and stammered to say something, but before he could say anything, he was rejected by Zhong Shi: "Shut up!" Don't ask anything, just follow my instructions to do it, I hate your class of agents the most, there is no technical content at all, but you still have to talk nonsense! ”
The last sentence scared Yu De into a cold sweat, now Zhong Shi is their super big account, they will charge hundreds of thousands of Hong Kong dollars or even more for commissions alone, if they annoy him at this time, Zhong Shi will withdraw the funds in their seats in a fit of anger, and he will have to bear it at that time.
However, the closing price below the average market price made him extremely unwilling, and after thinking about it, he changed to another euphemistic way and asked, "Zhong Sheng, can I ask what is going on?" After all......"
"Shut up!" Zhong Shi roared again in the microphone, "Why do you have so many questions? It's a shame not to be a financial analyst! Now I tell you to do whatever you want, a qualified broker doesn't need to talk much! ”
After hearing Zhong Shi's obvious anger, Yu Detong didn't dare to say anything more, and immediately went to implement the plan to close the position after hanging up the phone.
……
"It seems that we just need to maintain the index at around 9,000 points, and then release a signal to close the position, and wait for the reaction of the bulls." Billy. Jin Zheng looked at the market of the Hang Seng Index and said calmly.
It was only at this time that he understood the hidden trick behind Julian Robertson, although he was not sure whether it was Julian Robertson's doing, but it was an indisputable fact that the Hang Seng Index fell sharply under the influence of U.S. stocks, and now is a great opportunity to close the position.
He was already fantasizing about how much he would be able to get after this order. Well...... Take a vacation first, where to go? Korea, of course it's Korea, it's a good idea to hook up with two Korean ladies, the smell of foreign girls is too strong......
Right here in Billy. When Jin iQue was nine days old, he suddenly heard the trader below shouting: "Something happened, a large number of buy lots suddenly appeared in the market, and the price was set quite high, and now the price has been pushed up to the position of 9120." "Billy. Jin suddenly came back to his senses from his fantasy, his face changed slightly, he grabbed the mouse in his hand and clicked it, and after seeing the number of lots bought, his face suddenly became very ugly, and he gritted his teeth and scolded: "Which bastard is this bastard, regardless of the good situation, he has to dismantle the stage at this time?" What a bitch! ”
Soon, Billy. Kim took the news to the trading room on the spot side of the stock, which was where the index was leveraged, and where Julian Robertson was sitting.
"So, one of us has a problem?" After Julian Robertson listened, his face remained unchanged, but a trace of cruelty flashed in his eyes.
This person's behavior of closing positions at this time is tantamount to injecting a dose of strength into the sluggish market, just when the bulls have nothing to do, the bears have a large-scale liquidation, which seems to tell the other party that we are satisfied with the current price enough, and now we will accept it when we see it, and I will withdraw first, as long as you let me run, what should I do next.
Although it is not a lot to say that 2000 lots of short positions are not a lot of buy orders, it is definitely not a small institution that can get so much information at one time. If it belongs to Julian Robertson's camp, then this behavior is a typical desertion. Leaving the back of a comrade-in-arms to the enemy is definitely a big taboo. Therefore, even if Julian Robertson has always adhered to the principle of being a man of harmony and making money, he will definitely not be able to endure it at this time.
"Eat it! These bitches are raised, if I find out who it is, I'm going to kick him hard in the ass in front of God! Julian Robertson's face changed gloomily for a long time, and finally decided to stabilize the current trend first, and then it was not too late to think about it.
Then he picked up the phone and began to check it one by one.
……
A few minutes ago, the Hang Seng Index, which was originally full of mourning, suddenly came with a news that there were large shorts in index futures. The news immediately touched a sensitive nerve in the market. It seems that the bears are about to retreat. When some institutions were about to buy, they found that the short closing orders they had just thrown out quickly disappeared like mud bulls into the sea, and the price of the Hang Seng Index futures market only fluctuated slightly, and then continued to fall.
This situation is confusing for most people. But fortunately, I didn't buy it. This discovery made them break out in a cold sweat. And those who reacted faster immediately understood. This is the self-assertion of some bears, and as a result, it is suppressed by bigger bears, and it seems that the market is still going to fall.
Zhong Shi was not surprised by this result. However, what made him happy was that the bears made a decisive move and ate all his closing orders, although a small number of them were closed by the bulls at the same time, but most of them were still traded in the form of short swaps, which shows that the number of his closing positions did not meet the expectations of the bulls.
"9200, all flat! Not a single single left! "There are about 8,000 sell orders left, this time Zhongshi does not leave his hand, since he has figured out the hole cards of the bears, then the rest is to close the position boldly and boldly.
This time, the 8,000-lot closing order appeared on the market, causing a much stronger sensation than the previous 2,000-lot. To say that the previous 2,000 hands were just a small institution to close when it saw a good situation, then now the 8,000 hands of short closing orders is clearly a large institution. What does this mean? The explanation agency believes that Hong Kong stocks have fallen to the end and have begun to settle down, and this is a good time to attack.
In terms of Hong Kong stocks, affected by this news, a wave of gains broke out in a very short period of time, miraculously hitting 9150 points, and it is about to hit the 9200 point mark.
Perhaps by giving the market more time, investors' confidence can be eased.
……
On the U.S. side, Julian Robertson is thundering, and several large hedge funds have flatly denied the situation of closing their positions just now, and before he can figure out the taste, the market has thrown out large short closing orders.
This Nima simply treats him as a pick-up man!
Is it tolerable or unbearable, Julian Robertson is going crazy, he can't wait to join the ranks of closing positions at this time, seeing the index rise vigorously, which means that his profits are decreasing vigorously, which is simply a naked money grab.
Taking a deep breath, Julian Robertson still resisted the impulse in his heart, and making impulsive decisions when his head was hot is definitely a taboo in investment. Half a day later, he finally sank his mood back to a sane state, but the reality was still in front of him, that is, the big buy order in the Hang Seng Index futures market.
Now the Hang Seng Index has jumped above 9200, but the short buy order at 9200 has not been withdrawn, which means that this momentum is going to support the bottom, and if the closing order is not resolved, then it will be difficult for the stock market to fall.
I have enough positions and I don't want to be a pick-up man anymore, so there is only one way to let someone else take over. But now that the stock market has rebounded, who would want to take over at a high level? There is no choice but to suppress the stock market, and once the stock market falls again, someone will naturally pop up!
"Together with several others, we are ready to do our best to sell stock spots, and this time we will not leave a backhand, which is bound to push the Hong Kong stock market to the number we expect." Julian Robertson took a deep breath and said through gritted teeth. Then his face sank, as if talking to himself, and as if venting, he said: "Since they all said that they have not done it, let them taste the evil fruits they have sown now!" ”
Clearly, Julian Robertson decided that the short liquidation was coming from his own camp. (To be continued......)