Chapter 1463 The warehouse is gone
In the VIP room of the Chicago Futures Exchange, Boya and Langke were a little confused. They couldn't believe that shorting was really over, and they couldn't believe and accept the result of failure.
"Mr. Zhou Ming, have we all made mistakes in judgment? We have obviously done our best to short, but why is it still the same in the end? I'm afraid McClass must be laughing at us now." Lang Ke said with a bitter smile.
Boya was also a little sad, because in his calculations, the futures price of Minnesota wheat today would have to be at least below $4. Only in this way can there be better operating space tomorrow, but I never expected that it is only 4.09 now.
One starts 4 and the other starts 3, even if it is 4.0 and 3.9, this will have a completely different view of the market.
But this is normal. After all, why would the opponent not think of something that he could think of? So in the last time today, there will be so many bulls desperately placing long orders to hedge against him.
"It would be great if we could have a little more time. Perhaps a little more time, we could overwhelm those bulls and push Minnesota wheat into the $3 mark." Langke murmured.
But Beya ruthlessly exposed his fantasy, believing that even a little more time would not change the result: "We know that it is important to go from 4 to 3, and our opponents also know this, so they are sticking to this point. So much time is just a lengthening of the tug-of-war between us and them."
Lang Ke smiled bitterly. Why didn't he understand this? It was just said that.
"You don't really think we have failed, right?" Zhou Ming said suddenly.
Boya and Langke raised their heads and looked at Zhou Ming in surprise, thinking that Zhou Ming had any other way to save the situation?
"Rescue the situation? It seems that your understanding of the current situation is not comprehensive. I think the current situation is already moving in the direction we plan."
Zhou Ming pointed out to them in particular that although the current price of Minnesota wheat is still above US$4, the price continued to fall in the last half hour.
Zhou Ming said: "This means that longs have discovered problems and started to leave the market. Tomorrow is the delivery day, and more people will definitely find problems. As long as these longs leave, the futures price of Minnesota wheat will plummet."
Boya and Langke both had classic expressions of Lu Yu: Really? I don’t believe it.
But now is not the time for them to believe it or not, they can only choose to believe Zhou Ming.
Zhou Ming's confidence did not come out of thin air. Just at noon, Zhou Ming received some calls to seek warehouses, which were some bulls preparing for tomorrow's delivery.
This is someone who has the ability to pick up goods, but Zhou Ming believes that among so many bulls, at least more than half of them are not able to pick up goods and are just speculating. These are the main forces that he will rely on tomorrow, and he just needs to drive them away like a sheep.
However, although Zhou Ming is very confident that the bulls will run away tomorrow, Zhou Ming is not the kind of person who is used to waiting for things to happen, so he still has to take the initiative.
Zhou Ming then contacted Columbus' president Essek and asked him to help add some information to the evening news, such as focusing on broadcasting the news that "Tomorrow is Minnesota wheat delivery day."
Essek doesn't understand Zhou Ming's
It means, but it's still okay to do this little favor.
Therefore, in the evening, Columbus and his subordinate TV stations' news on futures, it was emphasized that December 31 was the delivery day for Minnesota wheat futures.
Most people don’t think there is any problem when they see this news, but for all futures investors, they understand that this represents a futures war when it is at its most intense, because both shorts and longs have to achieve their goals before delivery arrives.
On the morning of the 31st, McClane invited Midland and Dennis to his manor. McClane confidently told them that he invited them to come this time to let them witness the victory with him.
"In just one hour, we can see the results of this futures confrontation." McClan said confidently.
McClane's confidence comes from his understanding of the futures market. He knows very well that the hour after the opening today will be the most intense, and whoever can hold on in the final close connection will win the final victory.
Under such an idea, from the opening of the Chicago Exchange, McClane rhythmically threw out all his chips, and at the same time called the Raphael Foundation and other bulls to let them fight this last battle side by side with him.
However, the market performance did not seem to be as intense as McClan imagined, but on the contrary it was very smooth.
When the bulls led by McClan tried hard to go long, Minnesota wheat rose, almost straight up.
Although McClane was indeed very confident, this abnormal situation still made him feel excited: What is this situation? Did Zhou Ming give up retreating?
Of course, Zhou Ming would not give up on retreating, but now it is Zhou Ming’s adjustment to maximize his interests.
"We first let him rise, and then we post a message saying that the warehouse is in a hurry. At this time, if we try our best to short, we will get the most profit."
Zhou Ming's idea was initially opposed by Lang Ke and other local Chicago families, who thought it was too risky.
But the wealthy families such as Piero and Freeman chose to stand on Zhou Ming's side, and in the end the Langke family could only accept it.
So the result of the opening rise occurred.
Due to the loss of large-scale short positions, the futures price of Minnesota wheat rose from 4.09 to 4.3 in just half an hour, soaring by 5 percentage points.
Looking at the increase, McClass was about to burst into laughter while sitting on his manor chair.
"Did you see it all? I knew that this would be the result. I knew that Zhou Ming was a coward. He didn't dare to fight me until the end. Now he was afraid. He turned around and ran away in front of me. This time I won!"
McClane said ecstatically, and he waved his fists hard and continued to shout: "Just rise like this, go up to $5, $6, $7!"
McCross cheered and excited. He and Midland Denis thought they had an absolute advantage, so they were ecstatic and did not notice a very big hidden danger for them under a good situation.
On the contrary, Zhou Ming noticed that not only Zhou Ming noticed, but even Zhou Ming had a very clear understanding of the situation.
After receiving another call, Zhou Ming said relaxedly: "It seems that more and more friends have discovered problems. We can
The harvest began in an orderly manner.”
At this time, Zhou Ming had already laid out the warehouse and finally began to gradually take effect.
When the situation was very good after Minnesota wheat opened, it made futures bulls start preparing for delivery.
Although at least six of the ten futures traders do not have the ability to pick up goods, it is enough to have four left. These longs with pickup skills start to contact the warehouse after confirming the delivery. After all, you can't pile these Minnesota wheat delivered by the roadside, but when they contacted the warehouse one by one, they were surprised to find that there was no warehouse.
"What Mr. James, you said the warehouse is gone? Your Langke Group is not the largest warehouse company in Chicago. It has hundreds of grain warehouses in Chicago? Why is there no warehouse? This joke is not good. If you can help me arrange the warehouse, I would be very grateful!"
"This is not a problem that I don't help, but there are really no warehouses. Not only our Langke Group, but all the warehouses in Chicago are gone. If you need it, I can help you see warehouses in other places in Illinois."
"What warehouses do I want in other places in Illinois? I want in Chicago, damn bastard, why don't there be any warehouses?"
"I don't know why there is no warehouse, it's all..."
If someone listens to Chicago's communication at this time, you can often hear such telephone conversations after the futures market opens. After all, bulls are not only speculation, but also shorts at the bottom. After all, the futures price of Minnesota wheat is now far lower than the usual price, which makes some people feel profitable, so they cooperate with bulls to purchase goods at a low price.
However, this kind of "low-price purchase" requires warehousing cooperation, but now when they contact the warehouse and find that the warehouses are gone, the situation is different.
"Quickly, throw away all the Minnesota wheat in our hands immediately and take advantage of the fact that it is still rising!"
I don’t know how many people made such a decision on the spot. They thought they could get the last advantage, but they didn’t know that Zhou Ming would always be one step ahead of them.
After placing a lot of short orders, Zhou Ming dialed Gantt's number and told him that it was time to release the news that the Chicago Grain Warehouse was in a hurry.
Gantt had been waiting for a long time, so less than ten minutes after receiving Zhou Ming's call, Columbus and all its TV and radio stations also released news about the urgent situation in Chicago's cereal warehouse.
"Due to the reduction in demand from major brewers, a large amount of wheat has accumulated, and the major grain warehouses in Chicago are full, and it may not be able to accommodate a new batch of Minnesota wheat delivered. Regarding the news of the full warehouse, relevant experts said that it may affect the ongoing futures war of Minnesota wheat to a certain extent, and even make the bulls lose..."
As this news came out, the entire futures industry was immediately shocked.
"You're a scam. Chicago is the world's largest grain distribution center. It has the largest grain warehouse and logistics system in the world. How come the warehouse is in a hurry..."
Many people are completely unable to accept such news, and of course more people will immediately understand what this news means.
Chapter completed!