Chapter 277 Crash
Sucheng once had the idea that oil prices would continue to rise. But he quickly abandoned the idea, returned to his seat, read the information of major news agencies in person, and tried to find useful information from it.
The so-called analysis is nothing more than getting useful conclusions from intelligence. There is enough public information from major news agencies. For futures traders, public information may be more useful than secret information.
The oil price is slowly approaching the $34 mark. This price has caused a certain loss to Sucheng, which has increased the amount of margin.
However, the red word "positive" on the small blackboard is still increasing.
Dahua Industry will continue to move forward in accordance with the established strategy. Even if the environment is so dark that you can't see the road clearly.
What Zhang Chao wanted to say, he walked to Su Cheng and stopped. In fact, judging from reason, it is really problematic that oil prices are rising so slowly. People who are familiar with the futures market have a feeling that the oil price is blocked at this time. Every time it takes two steps forward, it has to take a step back. Judging from the curve and state, it seems that the oil price really can't hold on.
However, oil prices are always upward, and even a slight increase means a doubling of pressure.
"It's 33.8." I don't know who shouted it out.
Zhu Enbo, Yue Zhengyu, Director Huang and others were quietly excited.
The atmosphere on Dahua's side was slightly depressing, but everyone's movements were still not slow, constantly gathering information and materials in front of Su City.
Even if he is not hosting, Su Zhenguo and others can feel the depressed atmosphere and the feeling of panic.
No one really knows whether the oil price will rise to $34, $35... $40...
If it really reaches this price, no one will feel strange.
Moreover, the war is about to begin.
As long as the oil price persists, once the war breaks out, it will be a new starting point...
"How much did they buy?" Director Mao can't stand it anymore.
Professor Dai knew that he was asking about Dahua Industry. He calculated silently and said, "It's almost 1 billion US dollars, and their pace is accelerating. The book loss... is more than 30 million dollars.
"I lost money, and I'm speeding up." Su Dongyuan said painfully, "30 million dollars, how much can you do?" Do you want him to stop for a moment?
In his opinion, it would be a pity if the money was wasted like this.
Su Zhenguo glanced at Su Dongyuan and whispered, "Su Cheng himself is not nervous. Take a look again."
His secretary whispered in his ear, "Mr. Su, it's time for you to rest."
"Wait a minute." Su Zhenguo waved his hand and said, "Where can I sleep today? I think many people can't sleep."
Cao Jiyuan is a thick fat man with a big brain shell. He rubbed his chair twice and asked, "If it doesn't fall, Sucheng will lose 30 million US dollars?"
"It depends on the situation, it will rise, and there will be more losses.
Duan Yuanguang breathed a sigh and said with a smile, "It feels a bit like a war. It's hard to choose whether to retreat or persevere.Everyone unconsciously looked at Su Cheng, seeing that his expression had not changed, and the speed of the order was still slow and firm.
Influenced by him, the employees of Dahua Group swallowed, knocked on the computer, looked for information, and contacted foreign traders.
It still looks relaxed.
Cao Jiyuan couldn't help smiling and said, "If I didn't know, I thought it was at the scene of flood relief."
Su Dongyuan pulled the corners of his mouth and wanted to laugh but didn't laugh.
Su Xing was always silent, staring at Su Cheng with his cloudy eyes. He has completely lost the courage to fight. Now, Su Cheng is moving in the direction he doesn't want.
"God bless, let the oil price rise to $50!" Su Xing's sincere prayer has never been so sincere.
The curve on the screen floated slightly, about a few cents, just a short distance away from the 34-dollar integer mark.
Now, those who don't know anything about futures trading know that once the integer threshold is passed, the situation will be worse for Dahua and better for the State Reserve.
Perhaps, it is decisive.
The sound of the chair dragging.
The people who were tightening the strings immediately looked over.
A trader from Dahua couldn't wait to shout at Su Cheng: "The price of the New York Stock Exchange has changed abnormally."
The main standard for oil prices in the Middle East is the London Oil Exchange. During the Gulf War, London was keenly responsive to news that directly affected oil prices. But in the shadow of the U.S.-led war, New York is often able to understand deeper information.
In some cases, the price of the New York Stock Exchange will change before the London Stock Exchange.
Su Cheng deliberately waited for a second before raising his head and asking, "What's going on?"
"The price fell by 0.5 cents." The New York Stock Exchange and the London Stock Exchange are like two vegetable markets. Although they are not directly related, their price is a reference value. It's like the price of radishes in one vegetable market, and the price of radishes in another vegetable market may not be reduced, but there will be a trend of price reduction.
Zhu Enbo reacted the fastest. He picked up the phone and shouted, "Quotation."
In an instant, he said it again in English. Opposite him were the traders in the City of London. What they got was first-hand information and the most accurate information. The final transaction documents are based on their information.
A few seconds later, Zhu Enbo put down the phone and said with a little reassuring, "No change."
Director Huang patted his chest and said with a smile, "Maybe it's really an abnormal change."
Before he finished his words, the traders of the State Reserve had shouted: "The price in London has dropped by 40 cents."
When it rose just now, it was all a few cents and a few cents.
The same is true of occasional declines.
This time, it's a big move of 40 cents. For the ** oil market, it is like a bomb fall.
Su Cheng's order not to miss the opportunity said, "Replenish 1 million barrels."
He did not ask for more positions. There is not much cash left. The more this time, the more calm you have to be. Moreover, according to the information obtained so far, it is good to replenish 1 million barrels.
"$33.50 in the London market!" The traders at the National Reserve Center panicked.
Nearly 10 traders on both sides seemed to be in collective slow motion, their eyes widened, their pupils condensed, their bodies leaned forward, and their fingers trembled...
Slow motion is over.
All the traders picked up the phone as quickly as possible and roared.
The price on the screen is not a real-time price, but a manual tap of London by traders by phone. The curve is automatically adjusted according to the price, with a relative lag.
In this time of drastic price changes, it is meaningless to look at the screen too late.
"New York fell 40 cents!"
This roar announced the end of the final silence.
The voices of the explosion were endless: "London fell by 15 cents."
"London 33.35."
"New York fell 20 cents."
"London fell 10 cents. 33.25."
"London 33.2." The traders on both sides don't care who they are. They listen with one ear, cover the microphone with the other hand, and keep counting.
Zhu Enbo's nervous lips were dry, and he shouted in full of fire: "Look, what's going on? Has the war started? Have you started yet?"
"London 33.10." It only took a minute for the rise since the opening of today. No one answered Zhu Enbo's words. Everything came too fast.
I returned to the pre-liberation overnight. Zhu Enbo wailed in his heart and listened to the quotation with expectation and thought, "The price has fallen slowly. Maybe it's over."
In the turn of thought, the traders at the Reserve Center howd: "London fell $1." 32.10."
"New York fell 80 cents."
"It's over! The order is reversed. Zhu Enbo's whole body was stiff. Half a minute ago, it can also be seen that the New York market affected the London Futures Exchange, which is an indirect impact for the Reserve Center trading in London.
But at this moment, London led the decline, indicating that the indirect impact has become a direct impact...
For them, how much radishes are sold in New York is just a piece of news. How much radishes are sold in London determines their profits and losses.
Zhu Enbo's deputy's eyes were red as if he were on the battlefield, and he shouted hoarsely, "Are you closing the position? Zhu Chu fell below the cost line.
"Fold down? Why did it fall below? Zhu Enbo's eyes were also red, his small eyes were round, and his fingers were hard as if he had just been bitten by a zombie.
"We entered for $32.20." The deputy was almost crying. In more than a minute, the situation turned sharply, and there was no time to react at all.
With the last glimmer of hope, Zhu Enbo ordered, "Shut 50%."
They have prepared 25 million US dollars, and now there are 20 million yuan in the entrance. If they lose half, it is not unacceptable.
The deputy didn't have time to give the order. He grabbed the red phone and shouted at himself: "Hide 50%, immediately, flat..."
His voice suddenly disappeared, as if his throat had been caught by some animal.
"What's the matter!" Zhu Enbo was so anxious that he couldn't wait to break his head.
"No one took over!" This means that they can't close the position if they want to.
The price will continue to fall, but there is nothing they can do.
It's not okay to short even if you want to do it backhand.
The price has crashed!
Zhu Enbo looked at the screen stupidly. The white line there is still hanging below $34. Who has time to correct it!
In my ear, the roar of traders has not stopped: "31.5 dollars, down 20 cents."
"London fell 30 cents."
"London fell 20 cents. It fell below $31!"
Zhu Enbo has heard of countless futures crashes, but this is his first personal experience.
At this time, any on-the-spot decision is meaningless. The early buying and selling stocks have been piled up on the exchange. When they are processed, I don't know when.
Nine times out of ten of the orders will be revoked.
For all traders, now is the waiting time!
A crash is like a tsunami. Once it starts, it will not end easily. Whether you are ready or not, you just need to wait for the result.
is dead or alive, just look at the previous preparation.
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