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Chapter 73

Time comes the next morning.

The soybean oil contract was still in a good manner when it first opened. It even tried to hit the highest point of the previous day 11,202 yuan/ton shortly after the opening.

No matter how you look at it, it seems that the main bulls are ready to go and are ready to do a big fight today.

Who knew that a few minutes after reaching the high point of the previous day, that is, around 9:25, the market suddenly took a sharp turn.

First, there was a dive of more than 80 points in 4 minutes. After a little stabilization and fluctuation, it started to decline again at 9:50. This time it fell directly below the 11,000 yuan/ton mark and rushed to around 10,800 yuan/ton.

In this way, in just one hour, the long soybean oil funds seemed to be sleepwalking, and almost did not make any decent resistance. In this way, the price of the main soybean oil contract fell from the highest level of 11,202 yuan/ton to the lowest level of 10,832 yuan/ton.

It fell by nearly 400 yuan/ton, and this range was almost at a limit down.

At this time, Lynch, who had already reduced his position in advance, was smoking a cigarette, crossing his legs, calming down. The old god was looking at the smooth white line on the screen that was slanted downward, basically without any burrs, and he couldn't help but guess in his heart.

I guess many people have suffered heavy losses today.

Moreover, if the adjustment range this time is really as expected by Wang Luoheng, he will probably continue to kill many people.

And it also needs to be a double kill for long and short!

This wave of long main funds is too thief and too confident.

You should know that a pullback of about 10% at the current price will definitely make those who have been waiting to enter the market and short selling signal that the market has reached its peak.

And before the future market finally comes out, the judgment that the peak is completely reasonable and evidence-based. It cannot be considered an aggressive behavior of touching the top. After all, it has fallen 10% from the high level. This is not a peak, so how can it be considered a peak?

When the short-selling funds entered the market were almost done, the main bulls pulled the price up again, and they cut a wave of leeks without any blood.

And those funds that are originally long, if they have a slightly heavy position like Lynch, they will inevitably not be able to withstand this level of pullback.

I will definitely be washed out by this wave of adjustments.

Because of the amplification effect of 10 times leverage under the futures margin rules, a 10% price retracement means a 100% principal loss.

It basically means that it all evaporates.

When they look back and find that the price has risen again, they will definitely try their best to raise funds and continue to chase the highs.

After all, no one wants to make himself the unlucky guy who fell in the darkness before dawn.

Thinking of this, Lynch was inevitably a little scared.

At the same time, I couldn't help but feel emotion.

The great god is indeed a great god. Even the great god in his childhood is not as good as our failures.

Fortunately, he asked Wang Luoheng casually yesterday, otherwise he would probably be in a mess this time.

It seems that I, a reborn person, have some luck, and this will turn bad luck into good luck!

Time soon came to 11 o'clock, and the market has stabilized slightly by this time.

At the same time, Lynch also had more calls.

"Lynch, fortunately, I heard your reminder yesterday. This morning, when I saw something wrong, I quickly ran for half of it, otherwise I would be very passive now. OK, your level of watching the market is getting higher and higher."

"Uncle Chen, you have been awarded a prize, but you have stated in advance that this time it is really nothing to do with me. It depends entirely on the reminder of a new colleague in the business department. I just used his light to borrow flowers to offer Buddha."

Just because of this wave of market conditions, Lynch wanted to take the opportunity to advertise Wang Luoheng and create momentum first. Otherwise, he would have no idea how much he would have to spend to gain the trust of these customers in the future.

"Oh, there is also this person? Otherwise, I'll call your new colleague tonight and have a meal together? I have to thank him very much. Today I've helped me lose a lot of money."

Chen Degui was also excited when he heard this. He had always been particularly interested in futures analysis talents. Unfortunately, Lynch has only made him feel that he is a little skillful. The so-called analysts he met are either ambiguous. Saying it means not saying it, or just talking a few things is just a fool, completely relying on tricks.

"Uncle Chen, you may have to wait for another two days if you want to treat him to a meal. He is not in S City at present, but he will come here in the next two days. If you are interested, I can take him to see you at that time."

"Oh, it turns out that he was a master who was found from outside?"

"Well, he is from Yangcheng, and he will work with me after the Spring Festival. You should have a lot of opportunities to communicate with each other."

"Okay, I'll bring him over when he comes. I'll treat him to a meal and thank him well."

Lynch's reminder made Chen Degui lose at least 300,000 yuan less today, but because of Lynch's relationship with Chen Jianan, such favors are of no significance to Lynch.

But it’s different when it comes to Wang Luoheng. This favor is clearly marked.

Middle-aged people only know how to follow the flow of things.

"Lynch, how long do you think this pullback will last? It's about to be about the Spring Festival. Will this be basically the case before the Spring Festival?"

"The adjustment will not last long, no more than a week at most."

"So sure?" Chen Degui was always amazed at the amazing confidence Lynch showed in this wave of soybean oil market from beginning to end, as if he knew that the market would go like this next.

"Well, I'm pretty sure. If the price falls below 10,500 in the past two days, you can buy back the position on a dip!"

Lynch knew very well that after this wave of adjustment, it would definitely be accelerating and rising in the front.

Because he clearly remembered that before the Spring Festival holiday in 2008, his colleagues were still talking about the popularity of soybean oil. This shows that before the Spring Festival holiday, the price of soybean oil should have risen again, and the highest point of soybean oil prices actually appeared in early March.

If the Spring Festival holiday is deducted, even if the entire February is included, there are only less than 30 trading days left.

But there is still room for about 4,000 points upwards.

There are not many times left for callbacks.

But this is only because Lynch, as a reborn person, dares to be so sure.

Most people are in a dilemma now.

"Okay, you have never disappointed me in this wave of market, and I believe I won't be disappointed this time."

After finishing the phone call with Chen Degui, Lynch received several more calls one after another.

Most of them call customers who followed his advice in the morning and reduced their positions in time. The content is nothing more than thanking him, chatting for a few words, asking about the market, and finally finding time to invite Lynch to dinner and so on.

Of course, some people who were unable to escape and were trapped, so they also called them to Lynch to discuss countermeasures.

In short, Lynch is very busy on trading days when the market is big, at least he will answer the phone endlessly.

After finally staying until the closing of the afternoon, the price of soybean oil finally settled at around 10,800 yuan/ton. Lynch finally breathed a sigh of relief.

But before he could have time to take a good rest, Lynch hurriedly left the company.

He wanted to drive back to the rental house to pick up Zhang Xiaoxiao. In the afternoon, the two of them were preparing to go to the entry and exit to apply for a Hong Kong and Macao pass.

Lynch plans to find time to take Zhang Xiaoxiao to HK after the Spring Festival, handle the matter of overseas futures accounts, prepare in advance for the next goal, and go around, eat, drink, buy and buy.

As for why Zhang Xiaoxiao was in Lynch’s rental house?

That is naturally because Zhang Xiaoxiao, who has been with her sister for a long time, doesn't want to stay at home to treat her sister and her mother who prefers her.

Since high school, whenever Zhang Mingming is on holiday, as long as Zhang Mingming doesn’t go out to play at home, Zhang Xiaoxiao will probably find a reason to go out.

When I was studying, I often chose to read books in libraries or bookstores.

Later, when I got older, I occasionally chose to go to an Internet cafe to watch movies or date and go shopping with one or two female classmates who were quite chatting with.

Later, after falling in love with Lynch, she would try her best to stay with Lynch.

Now that Lynch has a house he rents, Zhang Xiaoxiao is naturally not polite.

If you have your own house, you can go to any bookstore, Internet cafe and other places to choose to go shopping.

Let Lynch get one more key, let Lynch pull the network in advance, let Lynch buy one more computer, and let Lynch prepare more drinks and snacks in the refrigerator.

Rental houses are the best place for Zhang Xiaoxiao to go to during the winter vacation.

...

It was almost 4 pm that the two of them arrived at the entry and exit center and arrived at the office.

When I looked at the certificate hall, I was amazing.

The whole hall was filled with people, extremely noisy, and shouts were heard one after another.

What's even more peculiar is that the security guard sitting at the door can look drowsy in such an environment, which is also very admirable.

At that time, the "free travel" had just been launched for a few years. Thanks to its natural geographical advantages, all prefecture-level cities in Guangdong Province could apply directly, so there were endless people coming to apply for the certificate every day.

Looking at the dense crowd in front of him, Lynch couldn't help but frown.

If this situation is waiting for queues, it is estimated that it may not be possible to queue until tomorrow.

There was no choice but to take out his cell phone and make a phone call.

After the phone was connected, Lynch walked to the door and said softly, then returned to the application. The certificate hall waved.

Soon a man in casual clothes came over with a phone.

Then Lynch gave the application materials he and Zhang Xiaoxiao to that person.

And in the middle of the information, there was a thin cowhide envelope.

The man quickly took the information and disappeared into the crowd.

This person was introduced by meat bags, and their family is more familiar with these things.

Anyway, when Lynch went to ask about the process of obtaining a pass that day, he was ridiculed by the meat bag.

"You can get it yourself. I guess you won't be able to get it. This certificate cannot be obtained. I'd better call you. You can try it directly. If you encounter difficulties when applying for the certificate, just ask him directly and report my dad's name. You can get it done soon."

Lynch, who knows his service style in 2008, decisively chose to believe in meat buns.

As a good person, there is no need to be repeatedly made difficult by others. It is better to pay some money honestly.

Facts have also proved that having money can indeed make the devil push the mill.

After standing in the hall for a while, I finally caught Lynch, who was seated in two seats, before the butt was hot, the phone rang.

After answering the phone, the man in the casual clothes just now appeared in front of them again and asked Lynch and Zhang Xiaoxiao to sign on two items respectively. After signing the name, the man returned the ID to Lynch and the others and gave them a receipt.

"Okay, just come here in 15 days to get the certificate."

"Thank you, thank you." Lynch shook hands enthusiastically with the man in casual clothes, and without any breath, he passed the unopened soft bag in his hand to the man in casual clothes.

The man in casual clothes looked down and looked in his hand, then smiled for the first time, nodded to Lynch and disappeared into the crowd soon.

Lynch and Zhang Xiaoxiao also left the certificate hall with the receipt.

It was only 20 minutes before they entered here.
Chapter completed!
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