Wall Street Legend

  Chapter 72 allin

  Freshwater Fund is small, and it is barely enough to deal with it at ordinary times, but when it comes to things like gathering intelligence, the efficiency is not high.

Ye Dongqing plunged into his office and used the scattered information on the Internet to detect market trends. The recovery momentum of the Nasdaq IT sector this week was too violent, so violent that he felt that the market confidence was not enough to support the current index. A callback has been ushered in in the near future, laying a solid foundation for the next rise.

  Since 2000, the downward trend has successfully crushed the confidence of brokers and ordinary shareholders.

Every time I say it is the bottom, but I have never seen the bottom. A famous manager once said that wanting to buy the bottom is tantamount to catching a falling knife. Many people are stuck in the head by the "flying knife". There is no hope of a payback in sight.

  Ordinary people focus on petty profits, but Ye Dongqing is good at grasping the general trend. He doesn't know the performance of a certain stock in a specific time period, but he knows whether it will have a market in the future if it develops for a long time.

   It is precisely because of this that after watching for nearly two hours, I am still stuck in the quagmire, unable to confirm which stock to choose to bet on.

There is still a week to hesitate, simply put these aside, turn off the webpage and search for the latest international news, every turmoil and confrontation are hidden business opportunities, and it is not a rule that you must invest in stocks, bonds, currencies, commodities, etc. Commodities can also make money. He needs to find the safest and most volatile profit point, diversify investment to avoid risks, and don't want to earn the most, as long as he is better than Little Edward.

  The end of 2002.

Ye Dongqing found out on the Internet that Huaxia recently announced the "Interim Measures for the Administration of Domestic Securities Investment by Qualified Foreign Institutional Investors". There is a chance to make money investing there, but it is only suitable for long-term investment, and it will not be officially implemented until January 1 next year. It is difficult to invest now.

He also found that the United Nations observers had arrived in Iraq, and the friction was already quite intense. The news in the United States was not objective enough. He synthesized relevant news from several well-known European newspapers, keenly smelled some money, opened the oil futures transaction price list, and carefully Observe the movement over the past month.

Sure enough, crude oil futures on the New York Mercantile Exchange, London North Sea Brent crude oil futures, and OPEC crude oil spot prices rose across the board. With the hope of peace fading and the uncertainty of war increasing, the price of crude oil futures on the New York Mercantile Exchange rose slightly this week. It rose 2.9 percent to $21.84 a barrel.

  Put this number down in your head and plan to observe it for a few more days.

  Nowadays, the United States needs to consume about seven billion barrels of oil a year, and the cost of extraction is about one to two dollars per barrel. The oil barrel itself is worthless. I have never heard of oil tankers using small oil barrels to hold oil. This is just a unit of measurement.

He went to search for news about "oil" in Washington. Considering the huge demand and profits, Ye Dongqing felt that for his own benefit, some people would definitely raise the price of oil, and the game among giants was none of his business. , the only thing that needs to be concerned is whether the oil price will rise as he expected in the next month or so...

  Stayed at the company until after six o'clock in the evening. In winter in the northern hemisphere, it was already dark at this time.

Suddenly found that Ms. Laura was not there, so I called her. After asking, I went home and bought a cheese sausage pizza and a fried chicken set meal. The company is on Wall Street, and the rented house is also on Wall Street. Then a little far.

  Staying at home all day, worried that Zhao Liuli would be bored, after eating together, they went out to the supermarket to buy some daily necessities and food ingredients.

Ye Dongqing didn't mention what happened last night, and Laura didn't ask anything. Privacy is extremely important in this society, but his impression in Laura's mind was that he was successfully classified as a playboy, rich Immediately learned bad.

  What disappointed Laura the most was that everyone was poor and happy together before, but now that Ye Dongqing left her behind and made a fortune, she finally began to regret that she didn't take the shares back then.

   But just regret it.

  Considering the situation at the time, since she didn’t want to be in debt, she has no right to be upset now. Laura is very open about this, and blames herself for her poor vision. She is still very grateful for Ye Dongqing’s help...

  Amazon's stock did not pull back, but instead quickly climbed to $24 a share in the next few trading days, which is almost double the price of his starting price of $12 and eighty cents!

  Before, he had the idea of ​​betting on Internet companies, but the sudden rebound has recently made him dare not bet.

Fresh Water Fund Company successfully made a lot of money. Ye Dongqing sighed and said that he should not invest in Apple, which made Ms. Vigo, Carnek and others feel ashamed. They wanted to dig a hole and jump in by themselves. After all, they suggested Share the risk and force the palace together.

   Now it seems that it was a very stupid decision. Look at the performance of investing in Amazon, it is simply terrible! In nearly a month, he earned a total of tens of millions of dollars!

  The employees of Freshwater Fund have long been dumbfounded. Speaking of investing in Apple, it is Ye Dongqing's own decision. If he had made up his mind at the beginning, these employees could not stop him. The price rose sharply last week, so he came up with the idea of ​​​​avoiding risks.

  Looking back, it wasn't the most correct decision, but it was true.

  Ye Dongqing is not a god. He cannot accurately grasp every opportunity. He can only find a development path with the greatest grasp within limited resources and memory.

  For example, today, I cleared all the stocks in the afternoon, and then used almost all the money in the company account, about 43 million US dollars, to bet on oil futures.

   Uniformly use 12.5 times leverage to do long positions, the margin is 8%, and the delivery time is set in three months.

  Futures are completely different from spot goods. Spots are actually tradable commodities, while futures are mainly tradable contracts based on certain mass products, such as cotton, soybeans, oil, etc., and financial assets such as stocks and bonds.

He doesn't need to pay all the money at once, he only needs to pay a part as a deposit, which means that he can buy one piece with the money in his hand, but now he can pay an 8% deposit and buy 12.5 pieces. According to the current price, it is determined in the form of a contract, and then the balance payment is paid after the contract expires, and the goods are taken away.

   Such futures contracts can also be traded in the futures market. Ye Dongqing doesn't really need oil. He is betting that the price of oil will rise in the near future, and then throw away the contract and exchange it for money. The game is more exciting than investing in stocks.

   Not only should we see that we can gain more profits with small gains, but we must also see that losses will also be magnified.

  A coin has two sides, leverage can be both dangerous and charming.

  12.5 times leverage, if the oil price falls within three months, it doesn't need to be too much, if it falls by about 8%, Ye Dongqing will lose everything.

  Including the money earned recently, as well as the principal of investors!

  The reason why he decided to make a bet is that the price of oil has risen to 23 dollars and 40 cents a barrel, and also because of Washington’s small moves. One speech mentioned oil six times, and the time is coming.

  Now the total value of crude oil futures in his hands is just over 530 million US dollars, which is equivalent to more than 22 million barrels of crude oil...

  (end of this chapter)