The first thousand four hundred and sixty-two chapters
Taking advantage and hunting for curiosity are the eternal pleasures of human behavior. Although according to Americans' prejudice, Zhou Ming sat in the position of villain, this did not prevent Zhou Ming from shorting Minnesota wheat to a negative price, he received unanimous praise from the whole United States.
"As long as wheat becomes a negative price, we can ask the boss for money when we buy flour. Then there are free bread and pastries all over the streets, haha! Just thinking about it makes me think that Zhou Ming, a Chinese, is a very bad demon! But this time I choose to support it."
"Who said no? I know that the bakery on Fal Street is very delicious. As long as Minnesota wheat becomes a negative price, I can open my arms to eat it. If he can really do it, I will definitely pray for all Chinese people in the future, I swear..."
Many people cheered like this. There is no doubt that most people actually don’t understand what practical benefits can they bring to short Minnesota wheat to a negative price, and can only imagine and look forward to it out of thin air.
Of course, the same words sounded different to McClellan. He became furious like a dog with his tail stepped on.
He smashed his TV remote control on the spot, pointed at the TV and cursed, and all kinds of words starting with F popped up like beads, scolding Zhou Ming angrily, which was provoking and humiliating the Wallace family. He also vowed that he would not let Zhou Ming go.
But when he said this, he seemed to have forgotten it, and it seemed that he would have done the provocation first.
However, the overall situation of the futures market on the 29th was still very favorable to McLaren. Under the huge inertia of the market, the 29th basically continued the rising style of the 28th, opening high and closing high. Although it fluctuated near noon, it was generally close. Minnesota wheat closed at $4.59, which was still up 5 percentage points compared to yesterday.
This made McClass very happy. He shouted on TV that this was a victory for Minnesota Wheat, and said that Zhou Ming was a rookie who didn't understand the market at all.
"I guess this Chinese must have never learned or even read any professional economics books. Otherwise, as long as he has a little bit of economic knowledge, he shouldn't have said ridiculously stupid things like shorting Minnesota wheat to a negative price."
McClane also said: "There is no doubt that Minnesota wheat continues to rise today, so he slapped this idiot hard."
McClan's arrogance is justified, because just today, the Raphael Foundation in Brazil contacted him and discussed matters related to joint efforts to do Minnesota wheat.
And not only the Raphael Foundation, McClell also knows that more bulls have entered the futures market. With the support of these long funds, Zhou Ming is not a big deal!
However, McClellan seems to have ignored that the bulls and bears are twin twin brothers. One is to raise the price and earn profits, while the other is to lower the price. Therefore, shorts are naturally indispensable where longs enter the market.
When the Raphael Foundation came to MacLan, the Langke family and several other short capitals also came to Zhou Ming.
When they saw Zhou Ming, they asked in a straightforward manner: "Mr. Zhou Ming, you can short to the end, right?"
Obviously, since Zhou Ming was rented by Langke's family, the Langke's family knew exactly what Zhou Ming planned. He knew very well.
Ming insists on shorting and achieving negative prices is not without opportunities.
Seeing that there was such an opportunity, the Langke family came to Zhou Ming to cooperate and wanted to get a share of the pie.
Zhou Ming agreed very readily. After all, one more person will participate in the shorting, let alone help him solve the warehouse problem. Everyone should be on the same front.
On the 30th, Zhou Ming came to the Chicago Futures Exchange early because Zhou Ming knew very well that this was the decisive battle.
Lang Ke is very surprised why he came here today. Shouldn’t it be the last day of the 31st?
Zhou Ming told him that the situation on the 30th can largely see the results on the 31st, so Zhou Ming has to be on the scene no matter what.
And this is true. From the opening of the futures market on the 30th, Minnesota wheat was in a tense and fierce state of close contact.
Originally, when the market opened, Minnesota wheat was still rising under the influence of market inertia and certain bulls, but in a few minutes, the Langke family and several other Chicago short sellers took action. The large short orders were smashed, making Minnesota wheat start to leak straight downwards as if it was suddenly encountered a water ghost.
McClane, who plays bowling in his club, is not surprised by this. On the phone call to the Raphael Foundation, McClane even said directly: "It would be strange if Zhou Ming did nothing today, but forcibly suppressing it will not help change the situation at all. This market is not up to him, Zhou Ming."
This is true. Although the short positions of several Chicago giants are fierce, the bulls who are also very interested in this speculation have also taken action.
What is reflected in the futures panel is Minnesota wheat that had just been flooding. In just a few minutes, it bounced up quickly like a ball hitting the ground.
Whether Zhou Ming or the Chicago giants who entered the market first were not surprised by this. The increase in the previous two days is enough to prove how fierce the bulls in the market are.
Therefore, the wealthy families in Chicago were not panicked at all, and they did not even have a short order and pressed the curve again.
The same bulls also understand that this is the bears doing things. As capital, as long as they invest money, how could they easily retreat, so they continued to buy more and quickly pulled up the curve again.
So in this way, in the next few hours, the shorts and bulls in the futures market were in a confrontation. In this minute, the shorts pressed a little, and the bulls must pull up a little later.
In the turn-based competition between shorts and longs, the futures curve of Minnesota wheat has become a zigzag shape, although this zigzag is slightly tilted downward.
"Today I seemed to see the efforts of a Chinese gentleman. He kept opening his wallet, taking out his own banknotes, trying to prove that he was right in anger. However, he didn't know that the rules of the market were not determined by the banknotes in your pocket, unless you own a printing machine, but then I think the FBI should come to your door first... Oh, I forgot, it seems that the FBI really came to your door."
Just when the bulls and bears were anxious, McClan suddenly released such a message with the help of the media, and he mocked Zhou Ming.
However, the biggest reason why he dares to do this is that if the status quo is maintained, the situation will actually be beneficial to the bulls.
Zhou Ming was waiting for McLaren to make trouble first. After McLaren's radio speech, Zhou Ming and Beya smashed a short order of hundreds of millions of dollars, once again pulling down the curve of Minnesota wheat.
Not only that, Zhou Ming even accepted an interview with reporters in the VIP room of the Chicago Futures Exchange. Zhou Ming also responded to McClass without hesitation during the interview: "It seems that a Minnesota farmer is a little too anxious. He always says that others don't understand the market. In fact, he himself doesn't understand the most, because there are no shorts at all, he is playing Don Quixote-style windmill games. Then now I throw a feather slightly, and the situation collapses in an instant."
Zhou Ming's sarcastic and arrogant attitude made McClass angry. He smashed his job and roared Zhou Ming to understand what the capital market is.
This time McClane was really angry. As someone who brought Kaki Group to the world's number one private capital company, he would not allow people to be looked down upon like this, especially as a Chinese.
McClass could not tolerate the end of his own. He tried hard to go long in the market, trying to prove that he was right through practical actions, and Zhou Ming was the Don Quixote-like joke.
But things were not as beautiful as McClass thought. Although McClass tried hard to go long, the price of Minnesota wheat did not rise as expected.
This made McClane jump into his office and cursed himself, calling Zhou Ming a despicable villain. He said he had only thrown one feather, but in fact he was trying hard to hedge and short.
If Zhou Ming learned about McClan's statement, he could only laugh. He was not stupid. He was just a joke. If you really take the trash words on your mouth seriously, then wouldn't he become trash?
But McClane was indignant and said that even if Zhou Ming was so despicable, he must be the one who laughed to the end!
It was from this moment that the long and short confrontations in the futures market entered the most intense state, and the intensity was much higher than that at the opening. If the curve chart of Minnesota wheat was still only serrated at the opening, then the current curve chart has become an extremely complex and irregular electrocardiogram.
This electrocardiogram is not just Minnesota wheat itself, but also the bulls and bears who are bleeding in the market.
Especially in the last half hour before the closing, the futures price of Minnesota wheat was completely twitching up and down, and finally frozen at 4.09.
Seeing this result, McClan, who had been tense, jumped up happily and waved his fists excitedly.
"What Chinese people, Zhou Ming is capable of doing it. You don't understand finance or futures at all. In front of me, McClellan, you are stupid groundhogs. You want to short my Minnesota wheat, and wait for another ten thousand years!"
McClane shouted incoherently, like a soldier who finally won an arduous battle, expressing his current mood with his most excited spirit.
Of course, McClane doesn't want that, he wants more.
Chapter completed!