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Data:2009-12-12 2:34
Source: Chongqing Dong Jin
Thursday tape integer test a low point of 2700, after the top position, by virtue of an integer psychological and 30-day moving average technical support, re-stabilize pull. Sinopec, China Unicom, ICBC and other indicators of unit weight has stabilized signs, steel, real estate, banking, brewing bottom plates are beginning to rebound. After the first two days that the market's rapid plunge vent short kinetic energy, the short-Fu Chou has to digest fully in place, and the prices stabilize again picked up a very good opportunity.
Stocks in last week's hit 3000 points, after being unsuccessful at this point and finishing near the shock. With the finishing stretch cycle, the market became very unstable state of mind, while tightening of liquidity and other news relating to the influence of surface formed on the market distress, particularly in the current round of Quotes in the real estate market, the better the performance of stocks and the financial gradually joined the ranks of shares short, making short market forces is rapidly increasing, which triggered the long-awaited adjustment.
But since the first decline in property stocks began to accelerate, the general decline in the end is near, and this, and similar to higher speed. In addition, if the crash is technically outside the capital will be induced rebound approach, after all, there are too many outside the capital in waiting for such opportunities.
Short-term point of view, whether it be effectively break up channel, need to focus on a few afternoon trading day stock movements. But in the profits of high growth and huge demand for Chinese assets, supported by expectations of A-share market substantially, the valuation back to the original state is basically impossible. The huge room for growth and future than any adjustments at this stage only the long-term bull market in Chinese assets, a small ups and downs. We believe that the current market do not have the sharp fall of the space, box shock is more likely to run the overall pattern of the recent broad market, buy low sell high is the corresponding action should also be strategic. Investors need to face more of an adjustment in this non-systematic risk, a number of underperformance as the adjustment of stocks may be far more than the market average.