Chapter 11: Sudden Changes in the Storm (1)

On August 30, September natural gas futures opened at $6.76, and since the opening of the market, they have been subjected to a violent sell-off attack, as if all the long institutions in the market have changed direction overnight. Originally, there were some bulls who wanted to compete, but they were immediately defeated by the bears as soon as they made initial contact, and in this case, the price of natural gas futures plummeted, and even fell to $6.19 at one point.

After falling to $6.19, the market triggered a large wave of unwinding, which together with the slowing bulls, reluctantly pulled the price back to around $6.30, but here it encountered stubborn sniping from the bears, and finally after several hopeless shocks, the price of natural gas was fixed at $6.28 on this day.

It plummeted by 8.72% throughout the day, which undoubtedly caused a huge shock to the natural gas market. After three days of sharp rises and falls, the eyes of the entire NYMEX have shifted to the natural gas market. There is a lot of speculation about what is happening in the gas market.

Affected by the sharp decline of the September contract, the prices of other far months have fallen in different ways. Despite the desperate counterattack of the Withered Flowers, the forces at the other end of the market always have enough strength to suppress them, which also makes Bond. Hunt was helpless about the current situation.

"Mr. Zhong, it seems that someone in the market is helping us?"

After closing, Hu Ping shook his head, a little puzzled by today's market. Because according to common sense, the main battlefield between them and the non-withered fund is in the far month contract, and today the two sides have opened at least 3,000 new positions. The September contract, which was evenly matched and not much cared about by both sides, became the focus of the market, which in turn affected the performance of the two forces in the far month.

But now the question is who suddenly launched a lightning offensive against the front-month contract, and precisely at the height of the struggle between the two sides. It wasn't until he finally came to his senses that Hu Ping noticed a hint of fear, if the other party did not go all out to suppress the price of natural gas, but raised the price, I am afraid that his position would suffer a large loss.

"Didn't you visit a certain big guy before?" Zhong Shi smiled slightly. said calmly. "Maybe he did it."

Who exactly made the shot, Zhong Shi did not know. But what he knew was that John. It is no accident that Arnold has made such a name for himself in the natural gas market. At least some of the time the person is able to see the market clearly. so as to make accurate judgments.

It's like today's market. Zhong Shi had no doubt that the other party was stirring up the situation, he was like a crocodile catching its prey, quietly lurking in the deep pool of the market. Always waiting for the outburst to strike a fatal blow to the opponent. And now, it seems that the time has come.

"Is that him?"

Hu Ping looked pale, pondered for a long time, and finally asked with some uncertainty: "This seems unlikely, right?" If it were him, why didn't he reduce his position in the far month contract, but chose to suppress it in the near month, which seems unreasonable, if the withered flower fund really collapsed, he would at most make some profits in the near month. ”

"But how do you know that the other party has not opened a position in the far moon?" Zhong Shi's words made Hu Ping immediately stunned, "What if he had already established a position and didn't move, but waited for a character like us to appear in the market before acting?" Don't forget, they have absorbed a lot of analysts from the Mother Rock Fund, and what these people have done before will inevitably reach his ears. ”

"The reason why it has not been launched for a long time is probably because of insufficient funds, and I don't want to compete head-on with a behemoth like the Withered Flower Fund! In short, he definitely had his own considerations. If one of the qiē I analyzed is true, I'm afraid that this qiē is being used by others! ”

"He's using us, too?" Hu Ping's face suddenly became extremely ugly, before he used a small trick to put John. Arnoldra entered this circle of right and wrong, and he was still a little proud at that time, but now it seems that the other party has long been aware of his intentions, and in turn he has yin himself.

Thinking of this, the arrogant Hu Ping naturally changed his face.

"You are allowed to calculate others, and you are not allowed to be counted by others?" Zhong Shi pursed his lips and showed a hint of a playful smile, "It seems that the other party is indeed more clever than we thought." But that's exactly what he's doing to help us. So, let's join forces and have a big fight! ”

Hearing Zhong Shi say this, Hu Ping's face paleated slightly, and after thinking for a while, he nodded heavily.

……

"Boss, you did a good job today, I'm afraid I'm going to be in a hurry if you don't wither the flowers this time!"

Almost at the same time, inside Sagittarius Asset Management, Conrad was working with John. Arnold was communicating after the closing, and Conrad was naturally full of praise for his boss's brazen action today.

On the last trading day, Arnold was still in a posture of standing still, but as soon as the market opened today, the Sagittarius Fund began to smash the market regardless of Qiē, once smashing the disk to 9%, and then saw that the decline had reached a certain level, and then slowly closed part of the bottom position, controlling the decline at about 8%.

"Hehe, I was just caught off guard today, and I'm afraid I won't be so lucky next time!" John. Arnold smiled slightly, and his face couldn't help but show a smug look, but it was only a moment, and his face returned to calm, "As soon as this kind of market appears today, both sides are bound to react, and when we still want to do this, I'm afraid it will be difficult." ”

"Through the observation of the past two days, I have found that the two sides of the struggle are indeed rich and powerful, and they are not at all what we can mix. So far, they have exchanged at least 6,000 lots a day, and the funds are close to hundreds of millions of dollars, and looking at the current posture, both sides are going all out, completely trying to kill each other. Therefore, we must not get involved in it unless we have to. ”

"Thankfully, we've already opened some positions before then, which is enough to keep us able to close them quickly when things are bad. Increase your position when things move in our favor. This gives us the flexibility to move around the market, because we're not like them. In fact, I am quite envious of Hu, and I don't know where he found such a huge amount of money to be able to let go and fight with a giant like Buhua, but it's a pity. ”

"What a pity?"

The corners of Conred's mouth twitched sharply, he was originally listening to Arnold's analysis, but when he heard the end, he found that his boss was envious of the other party, and he also said "It's a pity" inexplicably, which made him speechless. After subconsciously answering the sentence "what is a pity". He regretted it a little. I thought to myself that I shouldn't be so intrusive into my boss's privacy.

"It's nothing, it's just that I don't want to manage too much money, and while more money means more management fees, it takes more effort and time to manage it. And invest in unfamiliar markets. The risk is greater. After all, I only understand the gas market. And investors are only willing to put these funds into the natural gas market, which is getting bigger and bigger, but the risks are also increasing. So I don't want to break my signboard. ”

To Conred's surprise, Arnold did not express any dissatisfaction, but patiently explained, and finally looked at himself again, as if asking himself, do you understand?

Self-controlled, self-controlled, absolutely sober.

This is Conred's conclusion to Arnold. He is also an elite who came out of Wall Street, and naturally knows that under the fame, many big fund managers are carried away by money, blindly expanding the scale of their funds, and then for various reasons, the decline in performance, followed by the withdrawal of funds by investors, the scale of the fund shrinks rapidly, and finally there are even some cases that disappear from the market forever, and his new boss is very clear about his shortcomings and defects, and he is also very clear about how much money this market can hold. Therefore, even if investors offer high management fees and excess revenue shares, John. Arnold still coldly refused.

"What will be the end result? I mean no withered funds! ”

After thinking about it again and again, Conrad couldn't help the curiosity in his heart and continued to ask. Now it is clear that Sagittarius Asset Management has chosen to fight against the non-withered fund, although it is not a frontal battlefield, but there is obviously no turning back from the bow.

"Of course, there are two possibilities, one is that we are defeated by them, and of course, we have hedged this in the options market, and I believe that the possibility is very small. Another point is that they were defeated by us, of course, this is very likely, after all, the price of natural gas is now strict zhòng against the fundamentals. The worst consequence is that their natural gas position continues to lose money, and it will even affect the operation of the entire non-withering fund. ”

"Is it really going to be so strict?"

Conrad was directly shocked, although before in the Mother Rock Fund, what they did was to snipe the non-withered fund, but it was only for the other party's natural gas position, they knew very well that the non-withered fund was a behemoth, in front of such a giant, anyone had to weigh their own weight first. But now after hearing this possibility from Arnold's mouth, he realized that the Unwithered Fund had really entered the other party's sight.

The gap between people and people is so obvious.

"Perhaps!" Arnold let out a long sigh and said with some gloom, "I didn't think about it before, but since Hu's phone call, I know that there are indeed capable people who are eyeing the Immortal Flower Fund." Yes, it is the entire fund, and if the situation is really serious, it is not impossible to bring down the entire non-withered fund. ”

After finishing speaking, Arnold suddenly smiled strangely, seeing that Conrad was stunned, he quickly rubbed his eyes, and when he looked at the other party again, he found that the strange smile was still on the corner of the other party's mouth, and then he immediately decided that Arnold must have relied on it, and asked without thinking: "Boss, are there other factors?" ”

"Don't you think there's anything special about this summer?"

Putting away his smile, Arnold sat down in the large sofa chair and picked up a pen from the desk, and without making a move, he saw the pen turn rapidly between his fingers, and it was dazzling to see.

After staring blankly for a moment, Conrad remembered the boss's question, and after thinking for a long time, he replied puzzledly: "Nothing has changed!" It's just that the news of the hurricane is a little less, but other than that, it's no different from last year and the summer of the year before, right? ”

"Think again!" Arnold didn't break it, and still played with the pen in his hand.

There must be some mystery in this, Conrad immediately woke up, his brain suddenly began to spin rapidly, and the weather number jù that was stuffed into his mind every day was called up again, and after still not getting it, he looked at Arnold again, and after seeing that the other party was still a playful attitude, he fell back into deep thought, this time not only thinking about this year's weather number jù, but also adding the weather number jù in the past few years.

"Warm Winter!" A few minutes later, a bolt of lightning suddenly crossed Conred's mind, and it dawned on him that he blurted out, then realized something, and then said, "Oh God! (To be continued......)

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