Category: Money tips Release Date: 2007-07-21
Interest rate and stock index futures two bad, not only did not bow to the stock market, but closer to 3100 index points. Although bad when approaching the stock market, they shouted "wolf", as if afraid to look like more than anyone else, but wait until the "wolf" really come when they are no longer afraid. Instead of fear, but also believe advantage of this opportunity into a positive it. The logical behavior of the stock market so that I can not help but think of Lu Xun's Ah Q. Even beaten, but also robbed of money, Ah Q spirit of victory and also be able to turn defeat into victory.
The macro-control in less than three successive three-month period of time raised the ax macro-control, in order to curb excess liquidity is, but "Cheng Yaojin three broad ax" encounter the spirit of Ah Q, the victory of France, just like a hard stretch Stretch run into soft, and then do not focus on a large fresh.
It stands to reason, like raising interest rates for real estate finance-dependent industries, is tantamount to wear the Monkey King's head to tighten the inhibitions, but the stock market has chosen to increase from the interest rate associated with appreciation of the RMB to bring the real estate valuation of assets to enhance the potential of resulting in significantly adverse seen among the big positive factor. 0.27% interest rate to 31% profit growth to prevent the temptation is no different from using a "straw" to pressure "camel."
Interest rate hike to control inflation, reduce the negative role of the investment rate can not be denied, but the stock market has its own understanding. "Boots" On the theory is: if people expect the "boots", in addition to raising interest rates no more than another one, then there is nothing like this "boots" landing is more reassuring it?
Introduction of stock index futures do not look for the stock index futures have been introduced in the message, but nervousness had several back, but that is simply not seen a stock index futures before the inevitable knee-jerk. Now a new interpretation of the stock market, saying it was good. Why put short-mechanism but was said to do good? It turned out that institutions have been, and continues to grab before the introduction of a mechanism to intensify in the short Masukura, once the stock index futures were born, both to do more, or short, they will be sure of success.
Stock index futures did not condition the participation of small investors, not to mention good, not only is not good, at the institutional backhand short, they will be jeopardized. Although the introduction of stock index futures is inevitable, but also medium and small investors are not only learning Ah Q - "the right to their son when I hit?"
Interest rates, the provident fund interest rate rise, the futures industry regulations promulgated, stock index futures launched 200 billion "big non-" "small non-" the lifting of the ban, there is a wave after a wave of new shares issued and additional, all sorts of bad one after another . However, do not worry too much, the stock market to its own spiritual victory.
IPO market has always been regarded as the greatest expansion of the expansion means for misappropriating bad, Ah Q's eyes in the stock market, but also become a positive. He explained that the new shares issued to the stock market to bring fresh blood, and is conducive to improving the quality of listed companies, fresh blood, as to exactly how high the quality of new shares, no one contests the.
Shares are currently almost fanatical pursuit of funds to fight off several hundred billion dollars of new shares. Shares have not yet entered the secondary market to blow big bubbles, and a bubble generator glamorous been called "bubble Extinguisher." Although the secondary market have been blowing the bubble bigger, but nobody wants to worry about because they can not be justified. Why? Because it is a rational bubble Mody!
Yes, with the Ah Q dictionary, what became of it say. Just that, Ah Q, whether the victory of the spirit of change of material can do? That naturally "Heaven knows, to know, you know, I know" the.