Chapter 280 Close the position

When the London International Petroleum Exchange was about to close, Sioux City finally ordered: "The position was closed."

The traders of Dahua Group have operated in an orderly manner according to the established strategy. There are two concepts: the trading of bulk futures and retail stocks. The amount of the former is so huge that if it is suddenly smashed down, the weakness of the plate may turn the profit into a loss. Even if the plate is hard, it will fall for a short time, 28 million barrels of crude oil, a tremor of 10 cents, will shake off $2.8 million, which is higher than the salary of all traders. Therefore, it is necessary to avoid tremors as much as possible through technical operation.

In fact, if it hadn't been for the Gulf War. It's good for the futures market to guess the direction of 10 cents. Doing futures and opening a casino is the same principle, and what you earn is one-thousandth of the probability of money.

Director Huang looked at the white lines on the three screens with an expectant face. He specifically asked to fill in the quotation once every two minutes, making the two state reserve traders busy like voles. However, in this way, the manual screen curve is a bit of a later computer curve, sensitive and real-time.

"London 26.32, stop for a moment." The main traders are invited back from Hong Kong. They are quite familiar with the London market. Su Cheng and Zhang Chao don't know the details of futures, so they can only watch.

As an "old futures", Zhu Enbo understands, but he really doesn't want to see it. Sucheng earns $6 per barrel of crude oil, and the Reserve Center loses more than $5 per barrel of crude oil. If Dahua could have regarded their profits as floating profits before the network, they can't deceive themselves now. Dahua Industry really made 180 million US dollars.

Zhu Enbo turned his head and looked at his side. The State Reserve, which bought nearly 6 million barrels of crude oil, had a book loss of more than 30 million US dollars. In fact, if Director Huang had not pulled down his old face and misappropriated a sum of money, the State Reserve would have forcibly closed its position and formed an actual loss.

Now, the State Reserve Center has invested $48 million. Almost double the previous budget - it is easy to say that the State Reserve Center continues to operate illegally on the basis of illegal operations, saying that the violation of discipline is a little small.

But. Director Huang and Zhu Enbo could not make up their minds to cut the position. Once the warehouse is cashed out, all possibilities will disappear, which is the time to settle accounts after autumn. Therefore, it is very likely to lose all the money if you know that you continue to make a deposit. They also lost the extra $23 million, but they had to do so, at least a glimmer of life. Historically, Zhuye Zinc, AVIC Oil and State Reserve Copper have all caused hundreds of millions of dollars in losses, if not illegal operations. Usually, it can't cause such a huge loss.

However, it is unknown whether anyone has turned danger into safety through this method. Under the tradition of covering the lid, it is unknown in Sucheng.

Su Cheng looked back and thought: It is not a pity for these two people to die, but the loss of the State Reserve should be reduced.

In turn, he thought: Maybe there should be some losses to warn future generations?

The idea flashed by, and Su Cheng laughed dumbly: I'm not a God-given saint. Who is qualified to warn future generations? After smelting zinc. The AVIC oil incident did not happen as usual, and hundreds of millions of dollars of tuition fees did not still come out of the State Reserve Copper. Even the governor of the Bank of China described it as a painful lesson, but there will still be problems...

Tuition is endless. After finishing primary school, there is middle school, and after finishing college, there are graduate students. Nowadays, the National Reserve Center, which is responsible for paying tuition fees, is indispensable for doctoral students and postdoctoral students. The tuition fees they studied in those years were paid by the state. The so-called "old futures" are also trained with tuition fees.

Time goes by minute by minute.

As the transaction progresses. Dahua holds fewer and fewer empty orders. A quarter of an hour before the closing, it finally turned into cash.

The capital volume of Dahua Industry also increased to 420 million US dollars. Among them, $100 million comes from bank financing from asset mortgages, and the remaining $320 million is free funds in Sucheng.

This increase is independent of the company's operation and is the real disposable capital. However, the previous 100 million US dollars were misappropriated. If we want to ensure the normal operation of Dahua Group, most of the 100 million US dollars will be used for capital transactions.

The newly earned of 180 million yuan will not be used. In a prudent way, the next step is to speculate on futures. The $180 million will be lost, which will not affect Dahua Industry. If the previous $100 million is lost, Sucheng's four years of efforts will be wasted.

Zhang Chao's happy face turned red. In speculative business, you pay special attention to the safety of falling into the bag. It is easy for you to make money, and it must be easy to lose money. Only when the money is in hand can you really make money.

Dahua's extremely gorgeous three minutes are the three minutes of the incomparable darkness of the State Reserve. Zhang Chao didn't want to experience it.

"Su Dong, will you go back?" While Zhang Chao asked, everyone in the villa looked at him.

Su Cheng looked at the table and did not answer.

Everyone didn't say anything and waited for his decision.

This belongs to the prestige established by Suzhou City in a short period of time. Only when his subordinates trust him very much will they wait so quietly.

At 3:54 a.m., only 8 minutes before the closing, just as everyone was about to breathe a sigh of relief, Su Cheng ordered: "Turn your hands to do more and start building positions."

"Su Dong, oil prices are still falling." Zhang Chao reminded me.

Su Cheng nod his head and said, "There are many dreams in the night. No one can tell what will happen after the opening of the market tomorrow. Let's buy 10 million barrels of crude oil first."

With the current capital volume of Dahua, 10 million barrels of crude oil is less than 30% of the full position, which can be said to be very cautious.

Zhang Chao left according to his words.

Director Huang always stayed by Su Cheng's side, seized the opportunity and asked, "Su Dong, do you think the oil price will rise after the market opens tomorrow?"

"Maybe."

"Why? Will the United States have a war? Although Director Huang is unwilling to admit it, Su Cheng must be at the forefront if he chooses the person he is most willing to trust now.

Su Cheng didn't expect Director Huang to be very clever. He spread out his hand and said, "My judgment is like this. It's hard to say what the specific situation is. However, the pre-war oil price should be to the end.

In this way, it is also to avoid Director Huang's inability to bear the pressure and close the position before the oil price rises. The money they use includes Dahua's taxes. The meat is rotten in the pot, and the monsters in the international futures market will no longer send the meat back to China.

As for leaking information, it doesn't exist at all. For others, what he makes is just judgment.

Before any war, there are always millions of people who have judged correctly, and millions of people have failed. The judgment of whether to start a war or not is worthless.

Just said it from Su Cheng's mouth, which made Director Huang cherish it. Thank you and said, "Look at this, I have to hold on for a few more days."

Su Cheng smiled and did not answer.

4:02 a.m. London closed.

The employees of Dahua just made a "clap" and jump to celebrate.

At the same time, Su Cheng's judgment and decision were also made through different channels. It has been transmitted to various departments of the country. Unlike a few days ago, Sioux City, which has earned nearly $200 million, obviously has extraordinary authority over the Gulf crisis.

Whether it is the General Staff or the Ministry of Foreign Affairs, it is better to pick up Sucheng's judgment and read it carefully.

Even a strategist who makes a living by betting on gambling. His lifelong achievements can't transfer $200 million in wealth. What's more, Su Cheng proved his judgment with incomparable patience and tenacity in front of everyone. This judgment is a kind of capital at any time.

In Western countries, it is not uncommon for the president of a company who can make the judgment of Such a city, to enter the government cabinet, or to be an ambassador abroad. Rice, a black woman who is Secretary of State, is a typical example. Her value lies in her study of Soviet ideology. And is known for its accurate judgment...

China's judgment of the situation in 1991 can be said to be chaotic. In fact, few people in the world can figure out what's going to happen and what's going to happen... Almost all leaders are in a way.

Su Cheng proved himself in the cruel futures market, and his judgment naturally has the value of being tested.

In the hostel, it soon calmed down.

After a brief celebration for traders. I was rushed to bed by Zhang Chao, and Su Cheng only slept for two hours in a few hours before he started again. He was picked up to Su Zhai by Su's car.

Su Zhenguo has breakfast at 6:30 every morning. And the main time for him to accept new ideas every day. It's breakfast time.

At the same time, a general, a government official, and Professor Dai, a think tank from the Policy Research Center, and his student Jia Lidong were also present. The discussion was also about the Gulf War.

Su Cheng didn't wake up at all. After listening to it for a while, his eyelids became heavy. His wrists were scooped with porridge, and he was drowsy.

Su Zhenguo took a look with a smile and went with him. Anyway, the information has been obtained. He just wants Su Cheng to walk in front of the members of the Soviet Union. It doesn't matter whether you are asleep or awake.

However, Su Cheng does not cherish this opportunity, and others are eager for it. Although Jia Lidong, as a student of Professor Dai, is more or less famous, he is still far from the name of a national think tank. It is also a coincidence that he can sit in front of Su Zhenguo once.

Naturally, Jia Lidong didn't want to come quietly and go back quietly.

After observing for a moment, he regarded Su Cheng as a breakthrough and said coldly, "Su Dong, the Gulf War is about to start. I agree with this judgment, but you said it will happen in the next few days, and I dare not agree. War is a holistic thing. It takes a long time for the army's equipment to arrive. The troops arrive at the predetermined position, aircraft transfer and airport logistics... According to my knowledge of Bush's cabinet, they will definitely seek extensive support before the war starts, so it will not be a sudden attack...

He seized the opportunity and published a long speech of hundreds of words, and then excitedly waited for Su Cheng's rebuttal.

It can be debated in front of Su Zhenguo, and several people in the Policy Research Center can get such an opportunity.

Su Chengqiang held his eyes and felt bored after listening to it halfway. For those who knew the result, it was a little interesting to hear the right guess, but it would be more boring to hear the wrong judgment.

So, under Jia Lidong's expectant eyes, with the end of his expression, Su Cheng slowly closed his eyes, and the rhythm of breathing became slower and slower.

He fell asleep.

......