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Chapter 73(1/2)

It was the morning of the next day.

The soybean oil contract was still going well when it first opened. It even tried to hit the previous day's highest point of 11,202 yuan/ton shortly after the market opened.

No matter how you look at it, it looks like the main bulls are getting ready for a big fight today.

Who would have known that just a few minutes after reaching the previous day's high, that is, around 9:25, the market suddenly took a turn for the worse.

First, there was a wave of diving of more than 80 points within 4 minutes. After a while, it stabilized and fluctuated for a while, and then resumed its downward trend at 9:50. This time, it fell directly below 11,000 yuan/ton.

At the pass, it went all the way to around 10,800 yuan/ton.

In this way, in just one hour, the long soybean oil funds seemed to be sleepwalking, making almost no decent resistance, and just allowed the price of the main soybean oil contract to fall from the highest level of 11,202 yuan/ton to

The lowest is 10832 yuan/ton.

It has dropped by nearly 400 yuan/ton, which is almost as high as the daily limit.

At this time, Lin Qi, who had already reduced his position in advance, was smoking a cigarette, with his legs crossed, calm and collected. He was looking at the smooth white line on the screen diagonally downwards, with basically no burrs, and couldn't help but secretly think in his heart.

guess.

It is estimated that many people suffered heavy losses in today's wave.

And if the magnitude of this adjustment really reaches 800~1,000 points as Wang Luoheng expected, it is estimated that many people will continue to be killed.

And it has to be a double kill back and forth between long and short!

This wave of bullish main funds is really too thief and too confident.

You must know that a correction of about 10% above the current price will definitely make those who have been waiting to enter the market to short sell the signal that the market has peaked and turned.

And before the future market finally comes out, the judgment of peaking is completely reasonable and well-founded to be honest. It cannot be regarded as a radical reaching for the top. After all, it has dropped 10% from the high. This is not a peak, then

What counts as peaking?

When the short-selling funds that entered the market were almost gone, the main bulls made a backhand and pulled the price back up again, cutting off a wave of leeks without a single blow.

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

It will definitely be washed away 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% loss of principal.

It's basically like everything evaporated.

When they look back and find that the price has gone up again, they will definitely try their best to raise funds to continue chasing the price.

After all, no one wants to be the unlucky guy who falls in the darkness before dawn.

Thinking of this, Lin Qi was inevitably a little scared.

At the same time, I can’t help but feel emotional.

A great god is indeed a great god, even if he is a young great god, his level is not something that I and others can match.

Fortunately, he asked Wang Luoheng casually yesterday, otherwise he would probably be all over the place this time.

It seems that as a reborn person, I still have some luck, so I can turn bad luck into good luck!

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

At the same time, Lynch also received more phone calls.

"Lin Qi, fortunately, I listened to your reminder yesterday. As soon as I saw something was wrong this morning, I hurriedly ran away for most of the time. Otherwise, I would be very passive now. Okay, your level of reading the market is better now.

It’s getting higher and higher.”

"Uncle Chen, thank you very much, but let me declare in advance that this time it really has nothing to do with me. It is all due to the reminder of a new colleague in the sales department. I just took advantage of him and borrowed flowers to offer Buddha."

Just because of this opportunity, Lynch wanted to take the opportunity to advertise to Wang Luoheng and build momentum. Otherwise, with his dull look, he didn't know how much he would have to spend in the future to gain the trust of these customers.

"Oh, there is this person? How about inviting your new colleague to have dinner together tonight? I have to thank him very much. This will save me a lot of money today."

Chen Degui was very excited when he heard this. He has always been particularly interested in futures analysis talents. Unfortunately, until now, Lin Qi was the only one who made him feel that he was a bit competent. The other so-called analysts he met were either vague or tantamount to talking.

He didn't say it, or he just said it in vain, relying entirely on deception.

"Uncle Chen, if you want to invite him to dinner, you may have to wait for two more days. He is not in S city at the moment, but he will come over in the next two days. If you are interested, I can take him to see you then."

"Oh, it turns out he is still a master found from outside?"

"Well, he is from Yangcheng, and he will work with me after the Spring Festival. You should have many opportunities to communicate by then."

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

Lin Qi's reminder made Chen Degui lose at least nearly 3 million today. However, because of Lin Qi's relationship with Chen Jianan, this kind of favor meant nothing to Lin Qi.

But it's different when it comes to Wang Luoheng. This favor has a clear price tag.

The middle-aged people's activities of pushing the boat with the current can only be done by those who are familiar with it.

"Lynch, how long do you think this wave of correction will last? The Spring Festival is coming soon. Is it possible that this will basically be the case before the Spring Festival?"

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

"So sure?" Chen Degui has always been amazed by Lynch's amazing confidence in this wave of soybean oil market from beginning to end, as if he knew that the market was going to go like this next.

"Well, I'm pretty sure. If the price drops below 10,500 in the past two days, I can buy back my position at the dip!"

Lynch knew very well that after this wave of adjustments, there would definitely be an accelerated rise ahead.

Because he clearly remembers 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 gone up again, and the highest point of this round of soybean oil price actually occurred in early March.

.

At present, if we exclude the long Spring Festival holiday, even if we include the entire month of February, there will be less than 30 trading days left.

But there is still almost 4,000 points of room to rise.

There is not much time left for callbacks.

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

The average person is in a dilemma right now.

"Okay, you've never let me down in this market, and I believe you won't be disappointed this time either."

After ending the phone call with Chen Degui, Lin Qi received several more calls one after another.

Most of them were called from customers who followed his advice in the morning and reduced their positions in time. They just thanked him, chatted a few words, asked about the market, and finally found time to treat Lynch to dinner and so on.

Of course, there were also some who were unable to escape and had already been trapped, so they also called Lynch to discuss countermeasures.

In short, Lynch is particularly busy on big trading days, at least he takes endless calls.

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

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

He had to drive back to the rental house to pick up Zhang Xiaoxiao. In the afternoon, the two of them were going to apply for Hong Kong and Macao passes at the entry and exit points.

Lin Qi planned to take Zhang Xiaoxiao to Hong Kong sometime after the Spring Festival to settle the matter of the overseas futures account, prepare for the next step in advance, and take a stroll around, eat, drink, and buy.

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

That is naturally because Zhang Xiaoxiao, who has had a long-term relationship with his sister, does not want to stay at home and face his sister and her mother who prefers her.

Since high school, whenever Zhang Mingming is at home and does not go out to play during holidays, Zhang Xiaoxiao will most likely find reasons to go out.

In the past, when I was studying, I often chose to go to places like libraries or bookstores to read.

Later, when I got a little older, I would occasionally choose to go to an Internet cafe to watch movies or go shopping with one or two female classmates I could talk to fairly well.

Later, when she fell in love with Lynch, she would try her best to stay with him.

Now that Lin Qi has rented a house of his own, Zhang Xiaoxiao will naturally be even less polite.

If you have your own house to go to, you still need to choose which bookstores, Internet cafes, etc. to go shopping.

Let Lynch get an extra key, let Lynch set up the network in advance, let Lynch buy an extra computer, and let Lynch prepare more drinks and snacks in the refrigerator.

The rental house is Zhang Xiaoxiao's best place for daily leisure during this winter vacation.



It was around 4 p.m. that the two of them rushed to the immigration center and checked in.

One look at the certification hall is simply breathtaking.

The whole hall was crowded and extremely noisy, with shouts and shouts coming and going.

What's even more strange is that the security guard sitting at the door can actually look sleepy in this environment, which is very admirable.

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

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

If this battle has to be queued up, it may not be available until tomorrow.

He had no choice but to take out his cell phone and make a call.

After the call was connected, Lynch walked to the door and whispered a few words, then returned to the permit application hall and waved.

Soon a man in casual clothes came over with a phone.
To be continued...
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