Chapter 60 Are you running towards the goal of failing all your subjects?

Chen Changliu listened to Ke Meng's analysis and combined it with the sporadic information from his previous life. Chen Changliu shook his head and said:

“On the supply side, new beans from the northern hemisphere will be available in large quantities in late October, which seems to alleviate market anxiety.

At the current high level, market buyers, especially domestic buyers, have basically stopped further purchasing actions.

From late October to mid-November, the market supply and demand relationship will definitely be eased to a certain extent.

Moreover, in the southern hemisphere, with the sharp rise in futures prices, the sown area will increase significantly again. Brazil’s Ministry of Agriculture recently predicted that its new soybean planting area will reach 21 million hectares, an increase of 14%;

Argentina's Ministry of Agriculture predicts that soybean sown area will reach 13-14 million hectares in 2003/04, an increase of 2%-7%. This will put pressure on forward contracts, thereby suppressing further price increases in near-term contracts.

Various information indicates that the days of skyrocketing soybean prices are over, but I don’t think so.

The trend of world soybean consumption growing at about 5% per year and farmers' reluctance to sell will drive up futures prices from the spot side in the long term. The current forward discount phenomenon in the CBOT (Chicago Board of Trade) soybean market also proves from the side that the bull market will continue.

Therefore, I think the main funds are likely to seek to re-enter the market to do long positions while waiting for a correction in the CBOT (Chicago Futures Trading Market) market.

Of course, I do not rule out that if the sowing weather in South America deteriorates, the main funds will chase the rise at a high level. The overall operational thinking of investors in the later period should still be mainly long.

But no matter what, the price of soybeans can still go up, so going long is the best choice. "

While Ke Meng was analyzing Chen Changliu's statement, the morning market opened.

The opening price was 3220, which was a direct increase of 37 points from yesterday's closing price, and the price continued to rise after the opening.

3230, 3240, 3250, 3260...

Ke Meng was extremely excited. Such a surge meant that Chen Changliu would earn more from the contract in his hands.

But at this time, Chen Changliu was very calm. No matter what, it was impossible to seal the daily limit today. He thought about it and sold everything he had at the price of 3290.

487 lots, the average buying price was 3160, and the selling price was 3290, with a net profit of 630,000, and his total assets reached 2.15 million.

Seeing that the price of Douyi was still rising after Chen Changliu sold it, Ke Meng felt it was a pity. When it exceeded 3300, Ke Meng felt even more pity.

At the close of the morning market, the price of beans was 3305.

However, Ke Meng's regret didn't last long and turned into happiness, causing him to break into a cold sweat.

The situation suddenly changed in the afternoon, and the price of beans began to fall, and there was no sign of stopping.

When the price of Douyi fell below 3200, Ke Meng was shocked and broke into a cold sweat. Chen Changliu was okay. At least his previous average price was 3160. Even if it fell, he would not lose money, but would only make less money.

But for many people who made long purchases at high prices, it was a direct disaster. A 100-point drop meant that they lost 30% of their blood. Some people were forced to close their positions by the futures company before they had time to make additional purchases. .

When the price fell to 3182, it finally stopped the downward trend, but there was no sign of an increase.

At this time, Chen Changliu directly filled his position with 670 lots at the average price of 3190.

The whole afternoon trading was hovering in the 3190-3200 range.

During dinner, Chen Changliu received a call from counselor Wu Ling.

"Chen Changliu, you are awesome. Since the beginning of school, you have missed more classes than you have attended. Are you running towards the goal of failing all subjects?"

Wu Ling's angry voice came from the phone, and even Ke Meng, who was sitting opposite Chen Changliu, could hear it clearly.

With a "poof" sound, she burst out laughing, and then immediately suppressed her laughter under Chen Changliu's threatening gaze, but the flush on her face gave her away.

"Chen Changliu, are you going to break the school's record and become the first student to fail all subjects?"

It is understandable that Wu Ling is angry with Chen Changliu. She has already asked Zhao Wuyan to remind her.

At this time, he could only lick his face and say: "Counselor, how dare I do that? The main reason is that my family is poor and I have to earn the tuition and living expenses myself. Because I just came to Yangcheng and I am not very skilled in the part-time job I found, so It took a little more time.

Don't worry, after this month, I won't be like this, I promise you. "

Anyway, after talking for a long time, they finally finished dealing with Huang Wuling. As soon as they hung up the phone, Ke Meng raised his voice and imitated what Chen Changliu had just said.

"Counselor, how dare I do that? The main reason is that my family is poor..."

The sound of the clip was as disgusting as it was. Chen Changliu was so angry that he grabbed her onto his lap and climbed on it, and then slapped Ke Meng's big butt several times.

After playing around for a while, Chen Changliu shook his head and smiled bitterly. It seemed that this kind of learning was a bit unnecessary and not free at all. What reason should he find to avoid going to class for a long time and not having to take roll call?

After thinking about it, I still can't think of any excuse, but just wait until this month is over. Now I have to seize the time to make money, solve Ke Meng's matter, and then inject a batch of funds into the company.

Thinking about it, it seems that I have broken my promise again. I said that I would pay the company in mid-October, but the damn 3-day limit on the daily price increase directly prevented him from doing what he said.

Forget it, I said mid-month, and the 20th seems to be related to mid-month.

When these are solved, there will be no need to stare at the computer so much, and the flower-growing family will not need him to keep an eye on it all the time.

In this way, I can have more time to return to school, at least I can't skip more classes than I spend in class!

PS: Typos will be updated first and corrected later.

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