Category: Money tips Release Date: 2006-07-19
Source: Guangzhou Bandung
Abstract: The tape in a large short squeeze Quotes will be the first stage of adjustment, for us to avoid mid-course adjustments to provide a very useful thing. Profound lesson with major inspiration are: index surged into shock and is periodically adjusted early warning signals. To be especially careful technical two kinds of traps, ... ...
Some time ago, large cities have continued to surge, the out of the Shanghai Composite Index dropped as much as 450 points, nearly 15 percent, phased adjustment. This is a rare out of stocks in a large short squeeze Quotes after the first stage of adjustment out of the market, there is a very important meaning: the top of the structure may indicate that the medium-term bull market in the top of the structure characteristics of the manner in its callback We forecast the medium-term at the top of the concrete provide a frame of reference. From here, summed up the lessons learned may be able to avoid mid-course adjustments for us to provide a very useful thing.
We can not return to the index rise, hitting a new high, we forget the periodic adjustment of the risks and lessons learned.
Here's stage this time to adjust to us a profound lesson and a major revelation, some to explore.
1, the index from the continuous, significant increase into shock and is entering a phase adjustment of the first warning signal.
Tape from the November start out in a continuous surge of the stock market, while the index is not a sharp rise immediately from the stage to adjust, but first there is a shock process. This is the beginning of the year in the shock phase of the Shanghai index. Throughout the shock phase lasted nearly 20 days, but when Shen Chengzhi is to continue to rise sharply.
It now appears that such a partial - the Shanghai index, enter the shock market, is the tape from a continuous significant increase in short-term adjustment to the transition process. This is a process of adjustment of the upcoming stage we see a particularly obvious "omen" and "storm" coming "sign."
From one stage to adjust perspective, partially into the broader market turmoil, we have to carefully phased risk has arrived.
Second, we must see two kinds of technical pitfalls.
It now appears from a sideways fall onto the main section, the main set of the two technical pitfalls.
First, the pseudo-break trap. The Shanghai Composite Index from January 4 into shock after the January 22 break out of a period of upward of the stock market. The Shanghai Composite Index to the market a re strong, clear signs of breaking up. It now appears that this section of Quotes is an illusion, is a typical pseudo-technical breakthrough, the main set of traps is a big hoax!
Second, the pseudo-adjustment. As the index of repeated shocks, aware of broad market will enter a stage of adjustment of an increasing number of investors, mainly to tackle this one problem is: first, making a false adjustment. This is the January 24 - 1 dated 26 market, where tape haste callback 272 points, or Jin Yicheng. Through this period of correction, the market mistakenly believe that: adjustment has been completed, tape, again, has entered a new round of increase in Quotes. To bargain-hunting involved. - This first in the main building a false adjustment, to attract bargain-hunting set, and then re-adjusted real traps.
This column on January 24 of the article is also foresaw the arrival of a small C wave to adjust, and also expects to have two to three hundred points. Here is the main force in the trap of false adjustments. Of course, the attitudes of our time: the small C wave correction can be avoided the best, but do not evading the problem is not big on the idea. - Can look at January 24 article, "pay attention to indicators likely to emerge from the small C wave adjustment." From today to see indeed it is not evade the problems arose.
Through these two traps, put the main stage this time there is preparedness callback investors to re-back games of deception. This is two kinds of traps are the main manipulation of the top phase of the tactics used, we fled to the top in the next, to be especially careful place.
3, stage callback rate is particularly great.
From a phased adjustment of view, it's on the Shanghai Composite Index callback rate of up to 443 points, Shen Chengzhi callback rate of up to 1478 points. Nearly 15 percent decline in the adjustment. Should be said that such a large margin is completely contrary to the market callback unexpected. Despite the technical analysis point of view we have forecast this time, the callback will be below 2615 points. However, specific analysis, grasp, we thought that the broader market in a rare strong, it should not go entirely according to technical analysis.
But the facts show that such judgments and grasp a problem. Another strong market, once the stage to adjust its decline into are quite amazing, would go down to the market did not expect the low.
This is from a callback, we must learn, and the most important lessons! - Li as long as the broader market into the big bull market adjustment, the decline is often particularly large, rather than fewer!
