Chapter 1097: Different Choices

Kerton also noticed that the large number of sell orders had disappeared, but the raw sugar price, which had been soaring, had suddenly eased, and the trading volume had also decreased quite a bit.

Green laughed excitedly. "My analysis is correct; it's the market maker testing the retail investors' willingness to chase highs. Now they have gone silent; they should be observing whether there are any floating chips left in raw sugar."

Green became more excited as he spoke, and he looked up at the time. "The market will close at noon soon. The morning is just like this. In the afternoon, the raw sugar price will still fluctuate, but it absolutely won't affect the general trend."

"Next, we will continue to open long positions and follow up, eating the trend section by section, as long as we hold the trend's previous bottom or trend line."

Kerton also smiled. The somewhat tense expression he had had before completely relaxed.

The young man surnamed Liu, however, frowned. He agreed with Green's final analysis, which was that the market maker was washing the market, washing out the wavering investors.

But he still insisted on his own view: there was a big market maker building short positions. Next, the market maker would continue to lure long-sellers, pull up the raw sugar price, attract follow-up chips, and after rising to a certain extent, wash the market again.

This would repeat in cycles. After a few fluctuations, those wavering investors would naturally leave the market after making a profit. And the firm retail investors and small market makers would also have their funds consumed.

At this time, the trading frequency, also known as the turnover rate, would drop to a certain level, which was when the market maker would go all-in. Because those who should have run had run, and those who hadn't run didn't have much funds left in their hands.

In this way, once the short-position market maker smashed the market, there would be no funds in the market to take over, and the only result would be that the raw sugar price would collapse like an avalanche.

As for what Green said about opening long positions and following up, eating the trend section by section—it sounds easy, but in real trading, grasping the market maker's intentions, psychological control, fund management, and stop-profit/stop-loss adjustment are all extreme tests.

Not to mention them, even those proud guys on Wall Street rarely dare to do this. Because human nature is the hardest thing to grasp, let alone the market maker who controls huge funds.

Especially in the futures market, which is different from the foreign exchange market; as long as there is a slight mistake, it is an irreversible disaster.

Therefore, if it were his decision, he would clear the position the next time the market maker pulled up, so there would still be profit.

Of course, if there were a powerful long-position market maker, the situation might not be as bad as he thought.

However, judging from the performance in the market just now, no trace of a large long-position market maker had been found.

………………

Noon market close!

In the large client room of the Hong Kong Stock Exchange, Deng Jin Hui sat on the sofa, biting a cigar, his expression looking very relaxed.

Opposite him sat a man in his fifties, in a well-fitting suit, gently shaking a glass of red wine in his hand.

"Mr. Deng!" The man took a shallow sip of wine. "Is it arranged?"

Deng Jin Hui nodded. "As long as Four-Eyed Xi has no problem, I have no problem here."

The man stood up with his wine glass, walked to the window, pushed open the blinds, looked at the bustling traffic outside, and said softly.

"You also have to be careful. That old thing Zhao Jingkang has always played without rules and is very insidious."

This man was Chen Hansheng, the founder of the Hong Kong United Democrats. Next year, the United Democrats and the Meeting Point would merge to form the Democratic Party. He was competing with Meeting Point founder Zhao Jingkang for the position of chairman.

The Vietnamese gang was supported by Zhao Jingkang, so the first thing Chen Hansheng did was to take down the Vietnamese gang, this secret claw of Zhao Jingkang.

One was to prevent Zhao Jingkang from unscrupulously using the Vietnamese gang against him. Second, taking down the Vietnamese gang would also take down the black money supporting Zhao Jingkang.

Deng Jin Hui crossed his legs, and the smoke slowly crawled out of his mouth, changing into different shapes, slowly climbing upward, then gradually fading and finally disappearing.

Few people knew that he and Four-Eyed Xi were behind Chen Hansheng.

Without Chen Hansheng's support, neither he nor Four-Eyed Xi would have today.

But among the few people who knew their relationship, Zhao Jingkang was included.

So, in this competition, Zhao Jingkang would absolutely not let him and Four-Eyed Xi go.

After all, removing him and Four-Eyed Xi was equivalent to cutting off one of Chen Hansheng's arms.

"As long as those Vietnamese monkeys are cleared out, no one can pose a threat to me."

"Better safe than sorry."

Chen Hansheng tilted his head and took a sip of wine, then walked back and sat on the sofa.

"This time, we invested $5 million. How much certainty do you have?"

Deng Jin Hui said very confidently, "During this period, the raw sugar price has skyrocketed, and it is far from reaching the peak. There is still a lot of room for rising."

Chen Hansheng said worriedly, "The fluctuation before the morning close made me a bit uneasy."

Deng Jin Hui laughed loudly. "Don't worry, that's the market maker washing the market. There will still be fluctuations in the afternoon, but it's not a big problem. We will continue to open long positions and follow up, just follow the plan."

"I hope so." Chen Hansheng didn't understand finance, and Deng Jin Hui's words made him feel a little more at ease.

………………

Singapore. The afternoon market opening time was half an hour earlier than Xiangjiang.

At two o'clock in the afternoon, as soon as the market opened, the raw sugar price began to soar in a straight line.

Guo Qizheng stood with his hands behind his back, looking at the computer screen, his face expressionless.

The middle-aged man looked at him, looking like he wanted to speak but stopped.

He still insisted on his own view: it was the market maker testing the retail investors' willingness to chase highs. And the fluctuation that just appeared was the market maker washing the market.

It could be said that raw sugar futures were the legendary 'golden pit'; buying in meant making a lot of money.

But now, his boss not only asked him to give up this golden pit but also to take the risk of going short.

"If you have something to say, say it." Seeing the middle-aged man looking like he wanted to speak but stopped, Guo Qizheng said.

The middle-aged man couldn't help but say, "Chairman, this is a golden pit that is hard to encounter. You said you wanted to give it up, I have nothing to say; at least we earned quite a bit. But we absolutely cannot go short, otherwise we will lose everything."

Guo Qizheng didn't speak for a long time. The middle-aged man persuaded again, "Chairman, please must believe..."

Before he could finish his words, he was interrupted by Guo Qizheng waving his hand. "Don't say anymore, build a short position, hurry."

The middle-aged man looked up at the sky. He didn't expect the chairman to be so stubborn. After a silent sigh, he ordered to build a short position.

Guo Qizheng took a deep breath. In the end, he chose to believe Zhou Andong.

He didn't know if his choice was right or wrong.

If the choice was wrong, losing a few million, although it wouldn't hurt his bones, would still make his heart ache. ===== CHAPTER 1098 =====

If the choice is wrong, losing several million, while not enough to hurt his foundation, would still be painful.