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Data:2009-12-12 2:34
Source: Guoxin Securities
The stock market is long-short game, match wits out all the tactics of the arena. Not so much a financial war as it is a long-short game of psychological warfare, things such as chess, long-short the main pull out all the stops in putting on the recent, opened the curtain of war the broader market under siege, under the 3000 mark wide shocks, bewildering, the broader market of both high order and long-short Cuntubizheng, suggesting long-short duel between the two sides is inevitable after the Spring Festival. Not forever Niugu plate, nor ever bear stock plate, turned upside down the eternal laws of the market. Have played an important role in the fund after the explosion of Awkwardness at the early stage, and the prices long-short two Masukura confrontation, market risks began to accumulate for the current weak markets even worse, the market in the 3000-point psychological pressure line, investors rose after the high of the fund holding, but against blind pursuit of high-risk. We expect the Chinese New Year before and after the market's wide shock is still the main theme.
Hu Zhi-day drop this year, also hit a new record, the hot plate today, the Central Plains have a strong short, while the rise was mainly the forefront of a number of S shares and ST shares higher in the speculative, the collective weight index stocks down, the relevant section of the impact of power drops, daily limit, and lower limit of the stocks were reduced, wait and see mood increase, it appears on the card refers to the impact of 3000 points investor mentality unstable, and the disk, real estate, cars, 3G, military, aviation and other more than a dozen blocks were ranked in the forefront of decline List . Recently, a larger influence on China Life's stock is close to limit down, while the ICBC, BOC and other financial heavyweights are also the biggest decline in more than 5% or more, but also a drag on stock, stocks rose more or less, only Aucma, JIN Jing Science and Technology , urban shares, EMC trust in nuclear science and technology, Yantian nearly 20 stocks hit daily limit, but the lower limit is also the only Qianjiang Pharmaceutical stocks such as sharp sell into nine broad market Thursday Xi Pan
With Quotes Rock Diego ups and downs, often makes the investor rather than knowledge, in which truth is hidden, lost, full warehouse who wishes to eat a big fat man's greed, fear一失足成千古恨short positions when the fear of the stock market will always be more confrontation between the psychological battlefield between two or more empty, as the market surged, the current A stock price-earnings ratio has stood governments around the world, such as Guizhou Moutai earnings from 25 times to 50 times earnings, and some funds are beginning to recognize the current A-share market has been the lack of adequate safety margin variety. Another foreign capital in the A-share market's views become more cautious, the British "Financial Times" quoted on the 17th JP Morgan research report said: "The Global Fund managers seem to have begun to A shares as a bubble is being inflated." Another common investment those who experienced this round of "value-type" after the bull market have thrown "A stock has a bubble" and singing an empty point of view. A-related stocks continued to rise, the process of record highs, the stock market has also appeared in the callback once, a little bit of trouble will affect the investor's decision.
Statistics show that, as of end of last year, fund, brokerage, insurance, social security, QFII holdings of institutional investors and other market-float market capitalization accounted for about 41% over the end of 2005 a whole increased by 10 percentage points. In the future launch of stock index futures in the era of institutional summon wind and rain, based on crude oil prices fall, the market for the Chinese government may take some "cooling" measures a range of factors such as rumors, the stock market is bound to the more severe shocks. Held by the Fund in the fourth quarter, Awkwardness of data show that the fund makes large jiacang financial and real estate stocks rose in the fourth quarter, far higher than the Shanghai Composite Index. If the highest gain in financial stocks is Shanghai Pudong Development Bank, the fourth quarter rose as high as 100%; real estate stocks Wanke, or up 103.96%. The recent fund positions convertible notes become increasingly frequent, aggravated the market's turbulence.
As the real estate industry has been under the state's macro regulation and control, at present institutions to offload obvious signs of real estate stocks, while the consumption in 2007 is still the subject of investment, commercial, food and beverages will stabilize the triumph; electricity, transportation, medicine, paper, coal, chemical industry, nonferrous metals, iron and steel industry such as recovery, the overall good operational performance, and policy is expected to be under the care of funds sought after. But the stock market's risks have emerged, as Xie publicly stated today that, regardless of rise in the stock market or in the stock market is low, it also always remember two things: The stock market risk, the investment need to be cautious.
