Chapter 756 The Death of Small Fund (3)

"How is this going?"

  After the market closed, Collen Stilson called the analysts together and couldn't wait to ask, "Does anyone know anything, or have they heard any news?"

"No!"

   Everyone naturally shook their heads.

   "According to today's market and the number of buying and selling hands in the day, this seems to be an oppressive behavior of the main short sellers!"

Jack Mullen thought for a while, and then tentatively said, "My opinion is that the liquidation of some short positions may be because they can't support the rise in gold prices, or they have received some news, so they are one step ahead of you. The price of gold is suppressed in the market, taking the opportunity to ship.”

"For now, that's the most likely scenario. It's rare for this kind of level deal to happen for no reason, because there's no news to support it, but other scenarios aren't ruled out. For us, it's more likely to happen. Therefore, I suggest reducing leverage and positions, and we should not easily get involved until the main force is exhausted."

  The sad thing about small funds is that they can only watch from the sidelines when the main force of the market has not decided the winner. Because their scale is different from smaller institutions or even individuals, but also different from the main force that can affect the market, so in many cases they can only operate by betting.

  Hearing his analysis, everyone naturally nodded in agreement.

   "Perhaps the main force is interfering with the line of sight!"

Naturally, Williams Roger stood up again and retorted loudly, "As I analyzed two days ago, they have not absorbed enough chips to satisfy them, so they are now jumping out to make waves. The purpose is to Disturb the market and make other participants feel scared, so they throw away their long orders, so that while they suppress the gold price, they secretly absorb long orders at a low level, so that they will not be discovered by the market, and their goals can be achieved. "

"I judge that this kind of market will continue for a few days until they fully achieve their goals, and then they can take advantage of the peripheral news to drive up the price of gold. It's such a big deal. This is not a conspiracy, but a naked conspiracy!"

   "As long as we can survive this period, the future benefits will be immeasurable!"

Williams Roger said excitedly, "Leverage can be reduced, because we don't know how far these guys will suppress the price of gold, but our position can still be flexibly reduced, so the position is still mainly on the sidelines for the time being. "

   "So you guys agree?"

  Collen Smithon pointed to the two and asked, "At least reached an agreement on reducing leverage?"

  Jack Mullen and Williams Roger looked at each other, then turned their heads in unison, without speaking. Obviously, the debate in the past two days made both of them feel a little knotted.

   "Okay, let's make this decision, first reduce the leverage, and continue to observe according to the changes in the market!"

  Now that a preliminary agreement has been reached, Collen Smithon made a quick decision and decided to continue to observe under the premise of reducing leverage.

  …

  On January 21, the market will continue to open.

  Affected by yesterday’s crash, the main bulls were very cautious at the beginning and did not easily get ahead, so when the market opened, they only offered a price of 1113.1 US dollars.

  The process was the same as yesterday. With the matching of small trading orders, the price of gold started to rise again, but when it rose to $1117.9, it encountered resistance. The main short sellers once again piled up a bunch of horrible short sellers, and directly told the small institutions in the market not to rush to $1118 and above in vain.

  Gold prices fell sharply again.

   Without the main bulls coming forward, the price of gold began to decline rapidly, all the way down to the position of 1110 US dollars, and only some sporadic orders appeared, but they were still not large.

   After a short period of stagnation, the price of gold fell below $1110 and fell into the range of 1000.

   Just when everyone thought that there might be a sharp drop today, the market finally changed.

   It seems that they have touched their bottom line, and it seems that they can't understand the unscrupulousness of the short sellers, and the bulls finally made a move. Moreover, it was a big deal as soon as the move was made, directly accumulating up to 5,000 lots of pay orders at the 1095 position, which was very provocative.

  In yesterday's market, when the short position was the highest, there were as many as 7,500 empty orders. This number is quite huge and amazing. But in yesterday's battle, during the strangling of short and long positions, they opened at least 4,000 new positions. So far, there has been no sign of liquidation of these positions. In other words, the bears burned a lot of money yesterday, and now is the time to see how much money the bears have left.

  Yes, the current bulls are betting on the amount of funds for the shorts.

  Seeing that the bulls finally made a move, the market sentiment was once again ignited. They have all seen the ferocity of the short sellers. Except for the small short sellers who followed the right direction, all other investors who bet on the wrong bet have chills in their hearts, and now there is an opponent whose size and funds are almost the same as the opponent, which makes them see hope.

  So followers appeared one after another and gathered towards both sides.

   Within a few minutes, the armies of both sides were assembled. There was no probing or charging. When the thousands of troops of the two sides met, they charged with all their strength and fought towards each other.

  The trading volume instantly enlarged, and hundreds of pending orders appeared frequently, but disappeared without a trace the next moment. A huge meat grinder was gradually forming, devouring pending orders from all directions. The transaction price has been fluctuating around 1095, and the competition between the two sides is fierce, almost reaching the point where every inch of land must be contested.

   They were evenly matched!

  Fifteen minutes later, the two sides still had no winner, and the gold price was still at 1095, but the trading volume had reached 50,000 lots, which accounted for almost one-sixth of the daily transactions.

  The market is always changing rapidly. Just when everyone thought that the battle would continue, the bulls suddenly disappeared and all pending orders were withdrawn. Immediately, only a few small bulls were left in the entire market to fight against the huge main force of shorts!

  Sudden changes overwhelmed investors. They didn't expect it to turn out like this at all, and the main bulls gave up?

  At this time, the power of both sides changed, and the small bulls formed by following the trend gathered about 400 lots of buying orders on the fifth gear, while on the short side, after experiencing intense consumption, they still had about 1,200 lots of selling orders.

  The strength of the two sides is very different.

  Although they don’t know what the bulls are thinking, how could the bears let go of such an opportunity, and immediately swooped in. It was just a charge, and the bewildered follow-up plan was smashed.

  Gold prices fell again.

  1094, 1093, 1092…

   It was not until 1090 that the main bulls appeared again.

"Clearance?"

  When the main bulls reappeared, many investors realized this.

  The so-called "clearing the field" is to use one's own appeal to gather followers in the market, but push them out as cannon fodder at critical moments, and wait until these followers are over, and the main force will reappear.

   This trick is very vicious. The main reason why the main force uses this trick is to consume the opponent's funds. Of course, the downside is that you may lose the trust of following suit.

  Of course, in this case, part of the follow suit will also go to the opponent's side, forming a situation where one ebbs and the other ebbs and flows.

   This situation is also considered by the bulls. Of course, this must be based on the fact that it can still eat the main force of the bears after losing the power to follow suit. Otherwise, the trick of "clearing the field" is almost equivalent to suicide.

  Of course, there are also followers who are aware of this. After being deceived, they will continue to follow the bulls, which is what they believe in.

  After seeing the emergence of the main bulls, the main bears seem to have realized this and began to hesitate. However, the short sellers did not have so many concerns. With a shout, they frantically rushed towards the defense line built by the bulls again.

   But it is a pity that despite their high fighting spirit, they can only end up in pieces in front of the long-prepared main force. They just lowered the price to 1089.5, and they could no longer shake the bulls' defense.

   The main force of the bears was hesitant, but the main force of the bulls did not care so much. Before they stabilized their position, they began to tentatively attack upwards. They know very well that as long as they can maintain this momentum, forgetful followers will soon swarm in.

  The market does not talk about benevolence and righteousness, but only about interests.

   It seems to be afraid of the funds and conspiracy of the bulls, and the bears rarely did much resistance, and they didn't even build a decent line of defense under the 1110 position. The result of this is that the bulls are in full swing, reaping most of the lost ground in one fell swoop.

   Finally came to the $1110 position again.

   Naturally, the bears will not give up this position easily. After gathering the popularity of the market, the bulls began to become full of confidence. Below, they gradually formed a buy order of about 5,000 lots, ready to rush upwards.

  The short side also gradually gathered about 4,000 lots of sell orders to "show their muscles" to the market and show their strength. But people with a discerning eye found that compared with yesterday's majestic momentum, the scale of the short position was completely incomparable.

  The second battle between the two sides also did not have any warning, without any temptation, and the fighting began directly face to face.

   Today's second trading volume was enlarged, and the transaction price jumped wildly between two prices for the second time. This time, dozens, hundreds, or even thousands of pending orders appeared. Similar to the previous fight, as soon as a pending order with a small number of lots appears, it disappears without a trace the next moment. A few hundred lots can only last for about half a minute, while a pending order of thousands of lots can only last for about five minutes.

  Both parties have invested a lot of money, vowing to decide whether to live or die, because this determines today's trend.

  Five minutes, ten minutes, fifteen minutes...

   After half an hour passed, the frenzied fight between the two sides finally came to an approximate outcome. The reason why we say about the outcome is that the winner cannot be regarded as a victory, and the losing party cannot be regarded as a complete failure.

   The bears lost, it seems that the support is not available, and it seems that they intend to give in. In short, they began to gradually raise the defense line and gave up the position of 1110 US dollars.

  Although the bulls have won, the main force of the bulls seems to have lost too much, and there has been no large-scale buy orders for a long time. Therefore, although the market turned and the trend began to gather for the bulls, they did not achieve much in the end.

  Finally, the price of gold was set at $1104.2. After experiencing the fierce battle at position 1110, the bear side chose to back down, but did not back down too much, because the bull side was unable to fight anymore, so the price rebounded a few dollars, and the tone of the market was set for the whole day. down.

   It fell by $9.3 all day, or 0.83%. If you don’t look at the time-sharing line, this is a flat trading day. But everyone who has experienced it knows that something thrilling happened on the disk today.

  …

   "Is it interesting that we play left-handed and right-handed like this?"

  After the market closed, Jiang Shan scratched his head, and said to Zhong Shi speechlessly, "We created such a scene on the disk, and as a result, most of the transactions were our own positions. This..."

  He shook his head, not knowing what to say for a long time.

   Obviously, he doesn't quite agree with this method of operation.

   "Just to let them know that the bears are dead!"

Zhong Shi didn't take Jiang Shan's reaction seriously, "If we simply absorb chips in the market, it will definitely attract the attention of interested people. If such a market is created and such a short position appears, everyone may want to encircle and suppress it. But in fact, whether it is Whether you are long or short is an illusion, it is just to stimulate trading volume and let us absorb chips better. I believe that before today, all kinds of monsters and monsters will jump out!"

  (end of this chapter)