The Son of Finance of the Great Age

Chapter 494: Sudden change (1)

  Chapter 494 Sudden Change of Situation (1)

  On August 30, the September natural gas futures opened at US$6.76. Since the opening of the market, they have encountered fierce selling attacks, as if all the institutions that were long in the market changed directions overnight. Originally, some bulls wanted to compete with each other, but they were immediately crushed by short sellers at the first contact. In this case, the price of natural gas futures took a sharp turn, and even fell to $6.19 at one point.

After falling to $6.19, the market triggered a large number of liquidation tides. This trend, together with the bulls who had recovered their strength, barely pulled the price back to around $6.30, but here it encountered the tenacious attack of short sellers. , Finally, after several shocks and no hope, the price of natural gas was fixed at $6.28 on this day.

  It plummeted 8.72% throughout the day, which undoubtedly caused a huge shock to the natural gas market. After the sharp rise and fall for three consecutive days, the attention of the entire NYMEX has shifted to the natural gas market. Speculation abounded as to what was happening in the natural gas market.

  Affected by another plunge in the September contract, the prices of other far-month contracts all fell to varying degrees. Although the Everlasting Flower Fund fought back desperately, the forces at the other end of the market always had enough power to suppress them, which also made Bond Hunter feel helpless with the development of the current situation.

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

  After the market closed, Hu Ping shook his head, a little puzzled by today's market. Because according to common sense, the main battlefield between them and the Evergreen Fund is the far-month contract. Today, the two sides have opened at least 3,000 new positions, which is evenly matched. The focus of the market is affected, which in turn affects the performance of the two forces in the far month.

   But the question now is, who is it that suddenly launched a thunderous offensive against the near-month contract, and it happened at the time when the two sides were fighting the most intensely. It wasn't until he finally came to his senses that Hu Ping realized a trace of fear. If the other side did not suppress the price of natural gas with all its strength, but raised the price, he was afraid that his position would suffer a large loss.

   "Didn't you visit a certain boss before?" Zhong Shi smiled and said calmly, "Maybe he did it."

   Who made the shot, Zhong Shi didn't know. But what he knew was that John Arnold was able to achieve such a great reputation in the natural gas market. It was definitely not an accidental phenomenon. At least at certain times, this person was able to see the market situation clearly and thus make accurate judgments.

   Just like today's market, Zhong Shi has no doubt that the other party is disrupting the situation. He is like a crocodile catching prey, quietly lurking in the deep pool of the market, always waiting to explode and deal a fatal blow to his opponent. And now, it looks like the time has come.

"It's him?"

Hu Ping's expression froze, he pondered for a while, and finally asked with some uncertainty: "This seems unlikely, right? If it was him, why didn't he reduce his position on the far-month contract, but chose to suppress it on the near-month contract? This seems unreasonable, if the Withering Flower Fund really collapses, he will at most make some profits in recent months."

"But how do you know that the other party has not established Yuanyue's position?" Hu Ping was immediately stunned by Zhong Shi's words, "If he had already established a position, he would not make a show of it, but waited for the market to appear like ours. How can such a character act later? Don’t forget, they have attracted a lot of analysts from the parent rock fund, and what these people did before will inevitably reach his ears.”

"The reason why it has not been launched for a long time is probably because there is not enough funds. I don't want to compete head-on with a behemoth like the Never Withered Flower Fund! In short, he must have his own considerations. If everything I analyzed is true, I'm afraid all of this will be lost to us." It was used by someone!"

"He's using us too?" Hu Ping's face suddenly became extremely ugly. Before, he used a small trick to draw John Arnold into this circle of right and wrong. At that time, he was even a little proud of himself. But now it seems that the other party has long been aware of his intentions, and in turn, he has given him a dark hand.

  Thinking of this, the haughty Hu Ping naturally changed his expression.

"Just allow you to plot against others, and not allow others to plot against you?" Zhong Shi curled his lips, showing a playful smile, "It seems that the other party is indeed smarter than we thought. But this is just right, what he is doing now is exactly Helping us. So, let's unite and fight!"

  Hearing Zhong Shi's words, Hu Ping's face turned pale, and after thinking for a while, he nodded emphatically.

  …

   "Boss, you did a great job today, I'm afraid the side that doesn't wither flowers will be in a hurry!"

  Almost at the same time, within the Sagittarius Asset Management Company, Conrad was having a post-closing exchange with John Arnold. Conrad was naturally full of praise for his boss's outrageous performance today.

Just on the last trading day, Arnold was still in a posture of staying put, but as soon as the market opened today, the Sagittarius Fund recklessly began to smash the market. It once smashed the market to 9%. After seeing that the decline had reached a certain level, it slowed down. Slowly liquidate part of the bottom position, and control 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 showing a look of complacency, but it was only fleeting, and his face returned to calm , "When this kind of market situation occurs today, both parties will inevitably react. At that time, if we still want to do this, I am afraid it will be difficult."

"Through these two days of observation, I found that the two parties who are fighting are indeed rich and powerful, and they are simply beyond our reach. So far, they have exchanged at least 6,000 hands every day, and the funds are close to hundreds of millions of dollars. The scale, and looking at the current posture, both sides are going all out, and they are completely determined to put the other party to death. Therefore, we must not get involved unless we have to."

"Fortunately, we have established some positions before this, which is enough to keep us quickly liquidating positions when the situation is not good, and increase positions when the situation is favorable to us. In this way, we can move around the market flexibly After all, we are not like them. In fact, I am quite envious of Hu, and I don’t know where he found such a huge amount of funds. It’s a pity that he can let go and fight against a giant like Bumeihua.”

   "What a pity?"

The corner of Conrad's mouth twitched sharply. He was listening to Arnold's analysis, but when he heard the end, he found that his boss was actually envious of him, and he said "it's a pity" inexplicably, which made him Very speechless. After subconsciously answering "what's the pity", he regretted a little, thinking that he shouldn't pry into the boss's privacy like this.

"Nothing, it's just that I don't want to manage too much money. Although more money means more management fees, it takes more energy and time to manage it, and it takes more risks to invest in unfamiliar markets. Bigger. After all, I only understand the natural gas market, and investors are only willing to invest these funds in the natural gas market. Although the current natural gas market is getting bigger and bigger, the risks involved are also getting bigger and bigger, so I don’t want to fight It rotted its own signboard."

  To Conrad's surprise, Arnold didn't show any dissatisfaction. Instead, he explained patiently, and finally looked at himself, his eyes seemed to be asking himself, do you understand?

  Self-control, self-control, absolute sobriety.

   This is Conrad's conclusion to Arnold. He can also be regarded as an elite who came out of Wall Street. Naturally, he knows that under the prestige, many big fund managers have been dazzled by money, blindly expanding the size of their funds, and then due to various reasons, resulting in poor performance. Afterwards, investors withdrew their funds, and the size of the fund shrank rapidly. In the end, some cases even disappeared from the market forever, and my new boss was very aware of his shortcomings and flaws, and was very aware of his shortcomings. Knowing how much money this market can accommodate, John Arnold still coldly refused even though investors offered high management fees and excess profit sharing.

   "What will the end result be? I mean the No Withering Fund!"

  After thinking about it again and again, Conrad still couldn't help the curiosity in his heart, and continued to ask. The current situation is very clear. Sagittarius Asset Management has chosen to confront the Evergreen Fund. Although it is not a frontal battle, it is clear that there is no turning back.

"Of course there are two possibilities. One is that we are defeated by them. Of course, we have hedged this point in the option market. I believe the possibility is very small. The other point is that they are defeated by us. Of course, this possibility is very high , after all, the current price of natural gas has seriously violated the fundamentals. The most serious consequence is that their natural gas positions will continue to lose money, and it will even affect the operation of the entire Evergreen Fund.”

   "Is it really that serious?"

Conrad was directly shocked. Although what they did at Mother Rock Fund before was to attack the Evergreen Fund, they were only targeting the other party's natural gas positions. They knew very well that the Everlower Fund was a behemoth. In front of everyone, everyone must first weigh their own weight. But now after hearing this possibility from Arnold, he realized that the Everlasting Flower Fund had really entered the opponent's sight.

  The gap between people is so obvious.

"Maybe!" Arnold sighed, and said a little dejectedly, "I didn't think about it before, but after Hu's phone call, I realized that there are indeed capable people who are eyeing the Everlasting Flower Fund. Yes, It is the entire fund, if the situation develops really seriously, it is not impossible to bring down the entire Everlasting Flower Fund."

After finishing speaking, Arnold suddenly smiled strangely, which made Conrad startled. He quickly rubbed his eyes, and when he looked at the other party again, he found that the weird smile was still on the corner of the other party's mouth. He immediately decided that Arnold must be relying on something, and asked without thinking: "Boss, are there other factors?"

   "Don't you think there is something special about this summer?"

   Putting his smile away, Arnold sat on the large sofa chair, picked up a pen from the desk, and didn't make any movement, but saw the pen spinning rapidly between his fingers, making people dazzled.

After staring blankly for a while, Conrad remembered the boss's question. After thinking hard for a while, he replied in a puzzled manner: "There is no change! It seems that there is less news about the hurricane. Besides, it’s no different from the summer of last year and the year before, right?”

   "Think about it again!" Arnold didn't point it out, and was still playing with the signature pen in his hand.

There must be some mystery in it. Conrad immediately realized that his brain began to spin rapidly, and recalled the weather data that had been stuffed into his mind every day. After still getting nothing, he looked at Arnold and saw that the other party was still After a playful attitude, he fell into deep thought again, this time not only thinking about this year's meteorological data, but also adding in the past few years.

   "Warm winter!" A few minutes later, a flash of lightning flashed across Conrad's mind, and he blurted out suddenly, and then realized something, and then said, "God!"

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  (end of this chapter)