Category: Money tips Release date: 2006-08-17
Source: Orient Securities Author: Mo Bright
Operation of the market profiles
Monday the two cities continue to follow the recent super broad market trend. Shanghai Composite and Shen Chengzhi Tiaokonggaokai ascribed to both, followed by a slight drop but did not fill the gap end, followed by another strong upside. Shanghai Composite inherited from last Friday's close strong stand on the 1600-point in the afternoon to the 1,700-point advance gradually, and finally, a shaved head big Yangxian closed at 1664 points, rose 3.82%. Shen Chengzhi, the new Composite Index, Shenzhen new index, small and medium board index rose 2.90 percent, respectively, 3.14%, 3.28%, 3.72%.
Shanghai stock market has a strong overall performance of the big heavyweight, Sinopec's largest intraday gain in nearly 7%, G Huaneng, G Baosteel, G Long electricity both closing up more than 4%, only the G-line performance in less strokes. Shenzhen heavyweight performance in a relatively more robust, G Wuliangye again daily limit, G Anshan, OCT or are more than 5%, helping Shen Chengzhi outperform benchmark Shanghai Composite Index. A stock turnover Jiaoqian Ri growing cities into three, up to 80.848 billion yuan, a record February 18, 2000 the amount of days since the same time, the third largest in history, turnover, an indication of abnormal high enthusiasm. Disk performance of individual stocks to achieve the heat, limit-the number of non-ST up to 214 shares of a large number of individual stocks consecutive daily limit.
Analyzing market trends
Characteristics of an unprecedented bull market, reinforced tape the two cities still in the accelerated phase: 1400,1500,1600 points have been easy to break, 1700 points, is also close at hand. Spate of massive and large Yangxian gapped gap, the new shareholders accounts, continues to climb, off to raise funds to actively approach grab, body pulled inside the wishes of strong disk brilliant individual stocks, the market to make money a remarkable effect. Breakthrough in terms of range, or from market transactions as well as the duration of the run, the Shanghai Composite last week in the weekly and monthly online right bear market counter-pressure line (ie 2245 points to 1783 points, the long-term downward trend line) breakthrough in the effectiveness of , has almost been finally confirmed. Quotes of the bull market nature of the no doubt.
Recently, the possibility of direct upside is expected to benchmark Shanghai Composite Index to 1,700 points to 1750 points, area. The recent market transactions, may still be expected to continue to enlarge, very likely to be successful challenge to the amount of days in the history of the two cities, namely, February 17, 2000 e-commerce stocks hit Quotes of the day the amount of 92.351 billion yuan. Short-term market movements should focus on analyzing trends and market turnover, Sinopec changes. Market transactions, if the zoom is too severe, such as a record today on the significant amount of days, then after the short-term surge quickly to adjust and shocks will also come along, the market will be significant changes in running tempo.
Market Operations Strategy
Due to the recent market rose too fast too fast to avoid market risks, investors midline point of view, preferably in batches every ascribed to lower positions, in particular, the accumulated gains of recent large variety, it is recommended mainly caution. Short-term driven by the incremental funding, some conceptual shares of stock and resources, as well as low-cost compensatory growth is expected to continue an active stock market investors should increase the intensity of short-term operation of the band.
