Chapter 251: Breakthrough
Another day of making money!
After the market closed, retail investors were beaming with joy.
Today’s violent rally by the main force, though they couldn’t understand it, as long as they maneuvered within the range without being greedy, it was steady profit-making.
The small ones earned ten bucks, like those splitting orders, the big ones could earn hundreds or even thousands.
Isn’t this way better than going to work?
Those who didn’t make money sighed, their operations had mistakes, a bit too greedy, missing the selling timing.
This is the exchange’s counter’s fault, only a few windows, a few people buying and selling, and time passes.
Such a good money-making opportunity just missed like that.
Regrettable.
On the first day, the stock market buzz only spread in a small circle.
On the second day, such a good opportunity came again.
With electricity on, the stock price started jumping up and down again, and fluctuations began to increase, up to 149, down to 110, such a big fluctuation range, buying a short position at 149 and selling at 110 earns 39 bucks, 20 times is a house.
Too exaggerated!
Excited stockholders below shouting rises and falls, emotions high.
Second Floor, British Person’s private room.
Concession Public Works Bureau director Kaiseke was listening to the butler report what happened below, and laughed upon hearing it.
Not laughing at retail investors using their space to earn a little price difference, but because he does the same.
Every year there’s a wave of cotton yarn market trend, as latent funds, sometimes jointly rally the stock price, sometimes jointly take retail investors’ money, no need to discuss, that’s consensus, consensus is 150 bucks, up and down no more than 2 bucks, that’s the consensus of all funds in Shanghai.
Not that it can’t exceed 150, but if wanting to exceed 150 to 160, someone will front-run when you pull.
Capital doesn’t talk morality, this contract still no one trusts anyone.
Fu Xiao’an was jointly strangled by them in the last economic crisis, that’s one example, beating a drowning dog, eating major investors’ instinct no one lacks.
So the reasonable approach is everyone fights independently, first jointly advance toward the 150 goal, both to maintain stock price not crashing, let retail investors follow in large numbers, and edge in edge out, securing their own bags.
Good market trend pull to 150 can nod, bad market trend, like last year’s black swan event, decisively front-run at 120, safety first, that’s capital.
“Inquired who was leading the rally yesterday?” he asked his assistant.
“Found out, the trader’s brokers are two newcomers, using newcomers for this rally’s funds obviously to fear others tracing their background, but we reverse-traced the source via that room’s telephone, found the telephone came from SH city government’s special office.”
“So it’s Fu Xiao’an.”
Kaiseke chuckled lightly, “He has his own brokers, so secretive, sneaking around, what is he trying to play?”
The assistant pondered: “Could it be the funds that blocked Fu Xiao’an last time were jointly strangled, now wanting revenge on us? Otherwise I really can’t understand why he launches the market trend now, and pulls so rapidly, too fast, now those people below run fast at points, earn some money and leave, he can’t retreat at all.”
“Revenge?”
This word made Kaiseke’s smile slightly converge, “Revenge in futures market is nothing more than two kinds, holding long positions encounter black swan event plummet, holding short positions get quickly rallied and burst, did Fu Xiao’an promote that this cotton yarn will price increase?”
“Yes, recent news all spreading cotton inventory suffered battle losses, production cut inevitable, and major Chinese-funded factories’ cotton yarn to raise price, so far, no heard businessmen successfully procure cotton yarn from factories.”
“Interesting.”
Kaiseke’s expression slightly serious, “Public opinion’s direction all price increase, this wants people to procure long positions, in the past this is the method we use when shipping to find someone to take over.
But now cotton yarn season just starting, propaganda already begun
Let retail investors take over long positions early, could cotton yarn season end early?”
Kaiseke’s eyes flashed, seriously: “You contact the Japanese side’s informant, see if they have forced requisition plan?”
“I already asked, currently no such news.” The assistant very professional.
This Kaiseke couldn’t figure out, brows tight, no matter how look, chips given to retail investors is prelude to plummet, not forced requisition, what else could it be?
Short selling is Fu Xiao’an’s easiest method, with his status, really to burst cotton yarn price, just contact Japanese release a few forced requisition news.
And doing long, inevitably encounter their powerful selling pressure, price won’t be pulled up.
“Control the long positions quantity, increase short positions quantity, plummet may come anytime, Japanese informant now says no, doesn’t mean no later, Fu Xiao’an’s telephone can direct to Japanese Nanjing Headquarters, now Nanjing Headquarters already dispatch army’s commander-in-chief headquarters, Fu Xiao’an has this ability.”
“Yes, I’ll pay attention.” Assistant turned to send instructions to brokers.
Kaiseke walked to second floor balcony, overlooking excited stockholders below.
All making money, who’s losing money?
Fu Xiao’an is losing money.
Then Fu Xiao’an’s fangs will surely show at some moment.
No accident, just wait for some time price falls to 110 again, these people bottom fishing, price never returns to 150, last year’s forced requisition news, cotton yarn beaten to 30 in big winter, even he didn’t escape, all giant losses exit.
Hope these people can still laugh then.
Now, they also maintain stock price, should rally then rally, their long buried early also flat at 149 price.
“Hahahaha, made money again, too easy to earn!”
Stockholders waving banknotes really too happy, explosive profit, really explosive profit.
As long as master rhythm, then steady money-making.
This cheering makes nearby stock trading people envious, stock price half-dead not moving, nearby futures trading excited like this, hard not tempted.
Sell stocks, listen to stock tips, buy futures, sit wait make money.
And this money really earned.
Join can make money, this good thing of course spread.
Next day, news starts spreading.
Third day, newspapers start promoting futures market money-making way.
Someone earned money go flower house show off, that news spread even miss knows.
Different from retail investors’ excitement, in Kaiseke’s eyes, this find someone to take over meaning thicker.
And it’s market maker trying every way to find retail investors take over.
How many long positions Fu Xiao’an holding? What kind of mine to explode? So desperate lure people in, this price collapse, surely abyss.
“Quickly handle our long positions, open more short positions, speed fast, Fu Xiao’an surely knows Japanese plan, now Japanese in Changsha and Chongqing Government launch a war, very possible for them forced requisition cotton yarn.”
Kaiseke both nervous and excited.
Nervous is their cotton yarn long positions must handle, all profits.
Excited is catch this wave plummet, wealth level rise another step.
Now Fu Xiao’an loses money daily, impossible sustain long, surely soon see result.
“Yes.”
Subordinates receive orders go handle, excess long positions thrown out, not care price must above 140, 135 ok, 130 ok, 120 ok, their such large volume short time throw out, price surely pressured down.
Things just as they thought, cotton yarn price range beaten down.
Not only them throwing, other concession capital also throwing, now whole table looks two words, dangerous.
Crash in instant.
They also thank Fu Xiao’an, good that Fu Xiao’an widely promoted found so many retail investors in to take over long positions, otherwise their such large volume, short time want run too hard, past years at least run one month.
To run faster, price higher bit.
They also start exert energy, in concession newspapers, widely promote cotton yarn production cut news, let more people in take over long position futures.
Turn around, themselves opened good short positions, wait plummet arrive.
Someone throwing, someone taking.
Fu Xiao’an very patient, always waiting for concession funds to sell, for concession funds exactly trapped or not, only judgment standard is whether their long positions thrown out.
When large long positions thrown out, Fu Xiao’an moved.
One telephone to broker, when cotton yarn futures price pulled to 145 again, most stockholders switch from long to short, all open short positions.
Fu Xiao’an took all orders, slowly continue advance price.
146, 147, 148
Stockholders at this time won’t panic, only blame self threw bit early, but no matter, price surely come down.
Just, 149, 149.5, 149.8, 149.5, 149, 147, 149, 150!
151, 152, 153
Sky collapsed!
150 this level unexpectedly breakthrough!
“What’s going on, why price went up?”
“Washout, surely washout, market maker setting trap, he wants tell us this time different, want us open long positions, but I tell you, every time same, price surely come down, hold on.”
154, 155, 156
Second floor, holding large short positions Kaiseke long couldn’t sit, walk to window looking below displayed stock price, 155 can break, impossible!
Fu Xiao’an impossible have so much funds.
But now numbers in front, he must consider one problem.
Washout or rally?
If washout, they can at this price continue open short positions, that gain bigger revenue.
If rally, then must immediately flat, every second losing large money.
City government, Fu Xiao’an office.
Gu Yansheng and Fu Xiao’an sitting on sofa drinking tea chatting, laughing unusually harmonious.
Occasionally gaze sweep front placed blackboard, looking above written stock price numbers, whole person more cheerful.
“Hahahaha.”
Now office has extra blackboard, Fu Xiao’an’s secretary Wu Maiding with two subordinates busy between telephone and blackboard.
Telephone no need hang, from stock market open to close, all exchange happenings, through telephone, real-time transmit here.
Stock price how much, stockholders what reaction, talked what content, second floor private room foreigners out balcony staring, what expression.
As long as they want know, exchange informants will summarize news over.
What stockholders very excited, what many new stockholders in take over. Yes, yes many new stockholders, but their cotton mills workers even more.
Shanghai so many cotton mills, Gu Yansheng and Fu Xiao’an two people occupy over half, mobilize workers pretend new stockholders buy long positions, concession these people thrown orders silently all fell into their hands.
All retail orders, how concession these people react?
Fu Xiao’an legs crossed laughed: “Brother Gu, I tell you, when price steady at 155 silver dollars, whole concession, whole Shanghai!
All capital must tremble for me.
So-called convention, their mental price is 152 bucks, resist bit, limit 155 bucks.
As long as I beat price to 156, all these people panic.
Why?
Because they won’t anymore.”
Fu Xiao’an stretched one hand, quite hero style, “Long or short, what happen next minute they know? They don’t know, know nothing.
They now, no different from those ordinary people in trading hall, all waiting my trading.
Even these people worse than ordinary people, ordinary people lose just lose, but these people self-think can master situation, this moment situation leave them, they thoroughly panic, British, Americans all same, no advantage, nothing more.”
Clap clap clap clap, Gu Yansheng applauded, laughed, “Brilliant, Mayor Fu your trading technique dazzles me, eye-opening.”
Gu Yansheng today called over watch play indeed learned, think cotton yarn in concession capital minds psychological price 150, such key info, Fu Xiao’an not say, Gu Yansheng no place know.
Fu Xiao’an smiling waved hand, “In past, concession these people very shrewd, though all recognize 150 bucks, but always leave batch long positions in hand, guard accident, what if something happen, price rise again right? They need orders hold, eat that luck money.
So this time I must force their orders out.
Cautious in past is this trader biggest advantage, so I say last year cotton yarn that disaster, now looks too good.
They will investigate who funding, check know it’s me, I just use newcomers, let them know I’m sneaky trading.
This cautious, people can’t help overthink.”
“The older ginger spicier, admire.” Gu Yansheng patted a flattery.
“Hey, without Minister Gu you, I also can’t earn this money.”
Monopoly cotton yarn factory exit and positive news release right is one, most important still funds problem.
Futures market boils down to money game.
As long as enough money, can do whatever.
What 150, pull to 1500 all can!
Fu Xiao’an himself raised 35 million silver dollars, Gu Yansheng here prepared 25 million silver dollars.
Follow-up high price cotton yarn sell out, again source source constant cash flow.
This at least 60 million silver dollars cash, is this trading biggest confidence.
