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Chapter forty-seven hand-to-hand combat

Seeing Mark pause for a while, Zhao Qingmei picked up the pillow on the sofa and threw it at Mark, laughing and scolding: "Why don't you tell me quickly, what's the point of selling it?"

Mark looked at Li Wen with a somewhat awkward expression and said, "Mr. Wen, all the $500,000 was given to the manager of Tiger Fund. I didn't get it."

Chen Shaofeng smiled and said, "No one said you, why are you guilty? Why don't you say it quickly."

This is probably the first time Mark has obtained information, but the price is 500,000 US dollars. Although Li Wen paid 10,000 US dollars to him for activities, he was missing half of the first piece of information just now. There will be no receipts to prove this kind of expenses. It is only what he said. No wonder he feels guilty.

He glanced at everyone, especially Li Wen, and there was no abnormality. Mark hurriedly said: "I dug up two news: First, the forces represented by Tiger Fund will officially launch an attack today on May 10th, and the specific attack time is unknown; Second, the lineup of the bulls is very strong. The manager of the Tiger Fund knows that the IMF is on the long side, in addition to the IMF mainly composed of Tiger Fund and Soros' quantum fund entrusted by OPEC, there are also Canadian oil traders, Indian oil giant Tata Group and South African consortium and other heavyweight rich people. Even rumored that several Russian oligarchs have already stood on the long side."

Zhou Zhenyu asked: "Did he mention that the air side has other forces besides the Japanese side?"

Mark shook his head and said embarrassedly: "No, but he said that the internal report of Tiger Fund stated that OPEC provided them with as much as $200 billion, plus the funds they could mobilize themselves and those rich people, their strength was slightly better than the short side, and they had contacted some forces who were eyeing each other."

Zhao Qing frowned and said, "Although this competition was commissioned by OPEC, Robertson and Soros couldn't help but want to bite the fat piece of the six major Japanese consortiums. If they wanted to raise funds, their funds alone would probably be able to easily borrow $300 billion. If what the manager said was true, with OPEC providing $200 billion in support and rich people like South African consortiums joining the long camp, with the trading level of Robertson and Soros, their strength would be better."

Although Chen Shaofeng did not participate in this operation, he, as the general manager, knew all the situation. He always had a conservative attitude towards this action. Looking at Li Wen, Chen Shaofeng whispered: "The market changes are unpredictable every second, and the financial advantage is only one aspect. Moreover, the so-called bulls have the upper hand, these are just on the surface. Who knows how many forces are hidden below have been involved. How could it be simple for the Japanese side to show off their cars like this? And those bystanders who are eyeing each other and ready to take advantage of the situation at any time? Such a lineup may not be freed once it is trapped."

Seeing that Li Wen did not express his opinion, Zhou Zhenyu thought for a while and said, "In recent years, these oil producers have been shouting that they will reduce production to save resources. The purpose is nothing more than to think that the current oil price is too low. In the past two years, it has finally been a big hat of technology to raise the oil price to above 26 US dollars per barrel. Now Japan's actions have offended the oil producers around the world to a certain extent. These oil producers are not rich. I believe that there are many rich people who want to stand on the bulls this time. South African consortiums, Tata Group, and other groups with refining business have long wanted to find excuses to raise oil prices to squeeze more profits in the finished product market. They are unwilling to see crude oil prices fall again below 26 US dollars per barrel. Coupled with the ability of people like Logiberson and Soros, the bulls have a great chance of winning."

Li Wen stood up, waved his hand to stop Chen Shaofeng from saying anything else, and said, "Our plan remains unchanged. Since Robertson and others have to participate publicly, I personally think that Robertson and others have absolutely more than that. After the opening of the market today, we will build a position with all our strength."

Since the boss has made the decision, Zhou Zhenyu and the others can only surrender.

After the New York Mercantile Exchange opened on May 10, the price of the main crude oil contract, which was still under the control of the short sellers, slowly fell. Then some small institutions and retail investors began to join the short sellers. By noon, the price had already broken through $24, and then it quickly fell downward, and a large number of short sellers appeared. In twenty minutes, the price plummeted to $23.13 per barrel.

In just a few hours, the price fell by nearly 2 US dollars, and the entire market became terrified. Some long positions that were built at high prices were already at risk of adding margin.`

"Quick, use two new accounts at a price of US$23.15, and buy 30,000 yuan each..." Li Wen shouted to Wang Chao, who was slowly releasing the purchase order according to Zhou Zhenyu's instructions.

Wang Chao was stunned. When he heard Li Wen ask him to place an order, he hesitated for two seconds. His fingers immediately flew. After seven seconds, two large buy orders separated by 30,000 orders appeared on the trading screen one after another. The appearance of two large buy orders, the entire trading interface paused for several seconds. The rapid jumping numbers indicate that these two buy orders up to 60,000 orders are absorbing small short orders in the market.

The fall was dragged down.

But a few seconds of stay was enough for the main bears to react. The odd number shown at the 23.15 price level immediately disappeared at a speed of several digits faster than before. The price level of 23.15 is about to disappear...

A dozen seconds before Wang Chao knocked out two big orders, he was in a villa in New York, USA.

Soros, who controls Quantum Fund, and Robertson, who controls Tiger Fund, are giving instructions to a group of subordinates who are waiting for their battle: "Prepare to move..."

"Boss, there are two orders with a price of 30,000 US dollars, and the two orders are separated by two seconds..." A operator in charge of the market staring suddenly shouted at Soros and the others.

Soros and Robertson were stunned, looked at each other and exchanged glances. Two seconds later, Robertson ordered: "Don't pay attention, proceed as planned... start the attack!"

Soros turned around and said to a middle-aged man who looked like an assistant beside him: "Let Tom check where these two orders come from. It should not be easy to take the time so well."

Time and space returned to Li Wen. Seeing that the price of 23.15 was about to disappear, suddenly the market surged out another 50,000 orders of 23.15 US dollars. The new order of 23.15 US dollars was not too late to consume one-third of the order of 23.18. The price of 23.18 was thrown out another 50,000 orders, and then 23.20, 23.25,...23.40...23.80...24.00...24.15...24.30...two minutes later, the price has been re-pulled to 24.45 US dollars.

In just two minutes, the entire market seemed to have been frightened by the huge amount of buy orders. Not only the bears did not have any effective resistance, but even the bulls did not react. The entire market only showed that each of these bills was a huge amount of buy orders of over 10,000 yuan.

It is not easy for the Japanese fat piece to take a bite. Two minutes is enough to do a lot of things. The bears reacted and immediately organized a counterattack. The main forces of the bulls and bears fought each other for the first time and were caught in a fierce battle.

Zhou Zhenyu was also stunned when Li Wen asked Wang Chao to place an order. He looked at Li Wen in surprise. He moved his mouth and was about to say something, but suddenly his face changed. He seemed to remember something. He shouted to Wang Chao, who had just finished two orders of 30,000 yuan: "Quick, get out all the old accounts and buy 30,000 yuan each at the market price until the price rose to US$24..."

Except for Li Wen, everyone in the hall looked at Zhou Zhenyu at first, then stared at the trading interface on the computer screen thoughtfully. In the next minute, Wang Chao even flew away, and one ten-thousand-year pay order after another was sent to the trading interface through the keyboard.

After watching the sophomore finally react, the two sides were in a fierce battle, everyone in the hall breathed a sigh of relief. Li Wenchao, who had already stopped, asked: "How many contracts do we hold now?"

Wang Chao clicked for a while before turning back and said, "Just this time, we have bought a total of 239,675 long contracts. Now we have used 33 accounts, holding a total of 1124,584 long contracts, with an average total holding price of US$23.87 per barrel, and the funds we have used have exceeded US$250 million."

Zhou Zhenyu looked at Li Wen with a slightly surprised look and said, "Mr. Wen, how did you know that the main bulls were going to launch it just now?"

Just now, when Li Wen called Wang Chao to place an order, everyone in the hall heard it. Now when Zhou Zhenyu asked, he looked at Li Wen with surprise.

Li Wen glanced at everyone and said with a smile: "I don't know that the main bulls are going to move. I just feel that such a sharp drop is not normal, and this price is also beneficial to us to reduce the cost of holdings, which made Wang Chao place an order. I didn't expect that it was so coincidental that the main bulls also wanted to launch an attack at this price, and the attack was so fierce. But you later caught it very accurately."

Zhou Zhenyu smiled bitterly and said, "It seems that luck is on our side. When I see your order, I remembered Mark's saying that the main bulls should launch an attack today, and it will be a big drop. Then I feel that this is the best time for the main bulls to launch. Now the two sides have officially started a hand-to-hand battle. What about us? Should we continue to increase our positions or wait and see for the time being? Also, are we selling some goods at the appropriate price?"

"No, hold it all. The strength revealed by the main long offensive just now made me more confident in the longs. I feel that the main longs are much stronger than the main shorts. It is not the time to ship, and our holding costs are also very low now, so don't worry about losses." Li Wen said confidently, "And we must speed up buying longs. Although the Japanese side has a big trend and a relatively concentrated financial position, through the performance just now, I feel that the Japanese side's reaction ability seems to be insufficient, and some key areas cannot be effectively connected."

Li Wen didn't know that his lucky behavior had been noticed by the giant Sosro.

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