legendary trader

Chapter 198 Chapter 197 Retaliatory Backlash

Following Chen Fan and Ma Yunbo's simple dismantling of a neutral news, everyone also understood the actual value of this news.

The statement of the United States has nothing to do with whether the United States has increased its gold reserves. Instead, it has clarified that gold is still an important reserve currency and a metal with certain monetary attributes.

"Continue to buy. There should be no problem with gold reaching 300 meters. Now it is the floor price." Zheng Xiaopang also said a little proudly at this time.

Well, when he spoke, the price of gold started a new rise again, 271 and 272 yuan were easily broken, and the gold price soared all the way until 276 yuan before it stopped rising and began to fluctuate sideways.

"Our position has exceeded 9 lots, and we need at least 10 lots to make a base." Zheng Xiaopang said to Chen Fan, which meant to ask for Chen Fan's opinion.

Chen Fan nodded, expressing his meaning with two simple words.

"can."

Zheng Xiaopang immediately became excited like a chicken blood, "Sweep, don't worry too much, it's the floor price now, don't stop with 10 lots, I want orders below 280."

Perhaps all parties in the market are also aware of the significance of the U.S. government’s statement. The stop of the rise in gold prices is not caused by the sharp increase in short orders, but the correction after the rapid increase in buying orders in the market.

In short, although Zheng Xiaopang desperately wants to expand the long position of gold, the market is very realistic, the short position has been extremely shrinking, and it is almost impossible to imagine opening a position as quickly as below 260 meters.

Soon it was 5 o'clock in the morning, the gold trading was temporarily closed, and Chen Fan and the others also left the trading room to rest.

Looking at Zheng Xiaopang's still excited face, Chen Fan knew that he might not be able to sleep.

Thinking that there was a fat man watching the market anyway, Chen Fan relaxed and went back to his lounge to catch up on sleep.

The drastic change in the price of gold in one night made Chen Fan's brain extremely excited. He would relax and feel a little tired. When he returned to the lounge, he would lie down on the bed and fall asleep.

When Chen Fan woke up, it was almost noon. After getting up, Chen Fan simply ate something and went to the trading room, wanting to see where the gold price is now.

Before he reached the trading room, he heard that the trading room seemed to be buzzing and lively. Chen Fan walked to the door and looked in, only to see Zheng Xiaopang staring at a pair of red eyes, making vigorous movements .

Zhang Yang and the other two traders smiled cheerfully and seemed very happy.

Chen Fan felt confident when he saw this, walked into the door with a smile and asked, "What's the matter, where is the gold price?"

Zheng Xiaopang turned his head and saw Chen Fan coming in, and said with a smile, "It's all rushed to 280. It seems that it can reach the 30 yuan you mentioned in just a few days. The market is very hot now."

Chen Fan didn't bother to turn on the computer, so he walked behind Zheng Xiaopang to check the latest price of gold.

282.70 m yuan, this is the latest gold price.

Chen Fan saw how many people were happy there, and asked strangely: "Why didn't you increase your position? The current price is not high, and if you grab more hands now, you will get an extra profit."

"I have already grabbed 10 hands, and now there are no empty orders, so there is no more chips to grab."

Zheng Xiaopang turned his head and said with a smile, "This time I made a lot of money, it's cool."

Before Chen Fan could speak, Zheng Xiaopang whispered again: "The machine over there has been running all the time, so we didn't do it anymore."

Chen Fan nodded, thinking it was good, he pointed to Zheng Xiaopang's eyes and asked, "Do you have pink eyes? How come you look like a rabbit."

"Hey hey" Zheng Xiaopang turned around and said, "I'm a little excited to make so much money by operating gold this time, and I can't sleep when I go back, so I came back after you guys went to sleep."

"If the price of gold rises to exceed 300 yuan tonight, I guess your baby will have slept like a dead pig by then."

As he said that, Chen Fan patted Zheng Xiaopang on the shoulder and said, "After lunch, we will go back to sleep. It will probably be more lively from this afternoon to evening, so what should we do if we don't have energy then?"

"Yes, I will go back to sleep later. You don't know, my cousin called me at 9 o'clock this morning to ask how much I lost? Hehehe" Zheng Xiaopang said proudly.

"You won't brag to him again, we have made money again under your wise leadership?" Chen Fan asked with a smile.

This time Zheng Xiaopang just giggled and didn't answer.

Zhang Yang next to him suddenly asked at this time: "Xiaofan, this time the gold is soaring, will there be problems with the rapid rise?"

Sitting on the empty chair next to Zheng Xiaopang, Chen Fan smiled and said, "It's just a retaliatory rebound against the continuous decline in gold prices. Even if it rebounds to 330 yuan, the rebound is still not that big."

Speaking of which, Chen Fan switched to the K-line chart using the computer in front of Zheng Xiaopang, pointed to the downward channel formed by the gold price falling from more than 4 meters, and said: "This period has fallen by more than 160 yuan, and it rebounded from 252. Reaching 330 yuan, the rebound rate is only 50%, which can only be regarded as a medium-level rebound. If the rebound exceeds 360 yuan, it is called a strong rebound.”

"We know this, so let's forget it first, but this rebound is too strong. I am a little worried that the kinetic energy of the rebound will be consumed too quickly, and eventually it will lose strength soon." Zhang Yang continued.

Chen Fan said silently: "The explosive power of this rebound is relatively strong, but it should still be a retaliatory rebound. After all, gold has been suppressed for a long time. In fact, since last year's highest point of 520 yuan, the price of gold has almost been cut in half. If you look at With a big graph, even if it rebounds to 350 yuan, it can barely be regarded as the lowest level of rebound.”

At this moment, Zheng Xiaopang suddenly turned his head to look at Chen Fan and asked, "So you determined the rebound position of the gold price at 320 to 330 yuan? It is the estimated rebound height based on the golden section from 520 yuan to 252 yuan. ?”

Chen Fan felt the need to fool around, so he nodded and said: "Yes, if there is no sudden statement from the US, I think the price of gold will slowly rise to more than 300 yuan, but it will definitely not exceed the line of 350 to 360. There must be pressure here. Very big. So take a step back and make a discount. I guess the gold price has a chance to rise above 320 yuan, so that when those long funds are still waiting for the gold price to reach 350 yuan, the leading funds in the market have already completed their retreat.”

"However, this time the U.S. suddenly expressed its position and accelerated the speed of this rebound, but I don't think the strength will change. It will still rebound to more than 320 yuan. It may touch 330 yuan, but there is a high probability that it will not reach 340 yuan. .”

Chen Fan finished all the deceitful statements he had thought about for a short time in one breath, and seeing Zheng Xiaopang and Zhang Yang lost in thought, he felt a little complacent, "Hey, hey, you guys are really good, just take these two Bit flickering."

In my ears, Zhang Yang was still chanting: "0.382, 0.5, 0.618"

Chen Fan walked out of the gold trading room and returned to his office to start his daily work, browsing and screening the financial market, hoping to find new investment opportunities.

After nearly two hours, after putting away the notebook, Chen Fan rubbed his swollen eyes and rested on the back of the chair.

After an unknown amount of time, the door was pushed open, and Zheng Xiaopang rushed in and sat opposite Chen Fan.

Seeing Zheng Xiaopang's nervous face, Chen Fan sat up and asked curiously: "What happened? Gold crashed again?"

Zheng Xiaopang threw the two pieces of paper in his hand to Chen Fan, and said angrily, "Look for yourself."

Chen Fan picked up the information on the table and read it carefully, then raised his head in surprise and asked, "Really?"

Zheng Xiaopang nodded and said, "This is the information obtained by the Research Department from the American Investigation Company, so it should not be wrong."

Chen Fan didn't answer, and directly manipulated the computer sideways, switching the computer screen to Netscape stocks in the US stock market.

Among the ten U.S. technology stocks that Chen Fan bought, Netscape is undoubtedly the one with the worst trend. Since it fell from more than 100 yuan to more than 60 yuan, Chaofan Investment also bought Netscape stocks with a market value of more than 4000 million. But now Netscape's stock price is still fluctuating around 80 yuan.

Chen Fan also had doubts at first, thinking that this stock might only be temporarily suppressed by funds, so it did not rebound as violently as other stocks. Now, according to the latest information, Netscape, the dominant browser in the United States, has a worrying future. The future is even brighter for browsers that are bundled with the operating system.

At first, I thought it was due to the downturn in the US stock market in the second half of the year, so I didn't pay attention to the trend of Netscape stock. Now it seems that this stock cannot be kept.

"Tonight, I will liquidate all the 59 Netscape stocks in my hand, and I won't think about the stock split. Damn, I was pecked by Yan this time." Chen Fan said fiercely.

Zheng Xiaopang nodded and said: "Yes, I noticed this company a few days ago. At first I thought it was due to the stock split, so the price was suppressed. It may not explode until after the stock split. This company has a very bad future."

Chen Fan stopped talking, and switched the market from Netscape to Miguo Software. After careful study for a long time, he said: "Since Netscape is going to be liquidated, all the withdrawn funds will go to Miguo Software. It is impossible not to go one step further.”

Zheng Xiaopang has a different view on this, saying: "According to the analysis of the US side, although Netscape has lost in the browser market competition, they may use more drastic means to fight back, and now invest funds in American software, isn't it too blind?"

Chen Fan said disdainfully: "It is impossible to sue others for monopoly just by suing the United States for software bundling. At most, they will take a step back and replace bundling with optional installation, and all charges will be invalid."

After thinking for a while, he continued: "Since people can use the program of Miguo Software to get it in place at one time when they buy a computer, is it necessary to buy Netscape products again? Don't you think it's troublesome?"

"U.S. software's advantage of the operating system will bring them excess wealth for a long time. Tonight, we need to re-adjust the proportion of stock market value and increase the share of U.S. software."

Chen Fan shook his head while talking, and then murmured: "Operating system, operating system"

"I have already made arrangements to recruit multi-language translators, but someone in the research department mentioned that there is a company called Bloomberg News in the United States, which can provide the latest and fastest access information in the world. At present, the market share of this company is The rate is very, very high." After Zheng Xiaopang finished talking about watching Netscape, he led the conversation to this morning's matter.

"Bobo'er News? What is it?" Chen Fan listened to Zheng Xiaopang read a paragraph of foreign language, and roughly spelled it according to the pronunciation.

Although I didn't study well in college, I still know that "News" means news, but what the hell is "Boboer News" together, I have never heard of it.

"The domestic transliteration is Pengbo News Agency, what Boboer News."

Seeing Chen Fan look over, Zheng Xiaopang spread his hands, "Okay, Bobo is just Bobo. They said that the company's news information is very fast, and the information is mainly in English, so it is recommended to pay to subscribe to relevant information."

Chen Fan blinked and asked, "Are you sure about the news? If there is such a company, you can pay for it."

"I asked a few people, and they said yes, but their payment is graded. The higher the grade, the richer and more timely the information." Zheng Xiaopang said with a nod.

Chen Fan laughed at Zheng Xiaopang.

"Why?" Zheng Xiaopang felt a little creepy, "Are you sick again?"

"What is a local tyrant?" Chen Fan asked suddenly.

"Only buy the expensive ones, not the right ones." Zheng Xiaopang blinked and nodded, "I understand, I'll arrange it later."

"In addition to buying the information of this Bobo company, it is best to buy the materials of other powerful information collection agencies and market analysis agencies. In the long run, we should be able to get a discount."

Chen Fan pointed to the market report on the table, and pointed to the market analysis report provided by Jinxin, which was stacked next to him, and said: "I don't see anything new in Jinxin's information, and most of the sections are citing other people's analysis data. We will buy directly from these overseas investment banks in the future, remember to hire two expert translators to do this, I am afraid that the non-financial majors may translate the meaning wrong and mislead our judgment.”

"The money spent like this will go to sea, are you sure?" Zheng Xiaopang asked a little uncertainly.

Chen Fan laughed and said, "Fat brother, are you still short of this money? You have no idea how much money we make from the gold investment you led this time. Why do you install a satellite dish? It's just to grab those tenths of a second The speed of placing orders and getting information before others is such an advantage. I think the investment in this area is thousands of times stronger than those hardware investments, what do you think?"

"One is the service fee, and the other is the assets. Forget it, what you said is right, well, I know about this matter, and I will arrange someone to deal with it immediately." Zheng Xiaopang got up and walked out without saying hello after finishing speaking.

"Hey, it's not in a hurry. It won't happen at this hour and a half. Have you slept well? Don't look at the gold and sneak under the table tonight. Let me tell you, our little arms and legs can't lift you up. "

Chen Fan shouted to Zheng Xiaopang's back.

Seeing Zheng Xiaopang leave, Chen Fan switched the computer screen back to the gold trading interface. The price of gold is still rising slowly, and it has already risen to 288 yuan.

Chen Fan calculated in his mind that the money earned from gold this time should be enough to invest in African oil fields after tax deductions and dividends.

Africa is a bit far away. Do you want to book a business jet first, so that you can take your own company's plane to inspect oil fields later?

There is also the matter of forming an armed force, and then you can have a good time playing with guns over there.

(End of this chapter)