Handicap Analysis Analysis and application of big foot the bill Money Tips

Category: Money tips Release Date: 2006-06-15

For individual stocks, the so-called main is often bought and sold intraday maintain a large stock funds, while talking about here is actually a big pay a larger buying orders, such as buying a single 100 shares. This relatively large number of big orders because it is not possible to complete in an instant, and sometimes even take several days to complete. Such list may belong to a fund, QFII, private, or a body corporate. Despite the big pay big money behind the main characteristics and similarities, but both the direction of operation and time is essentially different.

From the direction, the big pay only a buy orders, traders and the authority can not exceed this list, we can only buy but not sell, in the direction was unity. The main force is different, although the main stage there are buying and selling stage, but in a specific operation is always a two-way, but also from the beginning like this, even in the Jiancang phase is no exception. Jiancang purpose is to close at a certain price to buy as much as possible bargaining chip, in order to achieve this purpose, and sometimes will sell some of the main bargaining chip in order to attract more selling.

In terms of timing, great pay as little more then a few days to be completed the same day, after will be empty. The main operation of a short while a few months for years, even before the middle of a break might be renewed as long as a suitable opportunity to re-operate.

When we read the tape often will find that there is continuity of pay occur, which requires us to make precise the nature of these pay judgments, such as these pay is returning to the big pay an average or by the operation in which the main of buy orders. If only an ordinary big pay, then we can abandon the eye to this, even if there is interest to buy such as this can also pay for the completion of a later date. If the disk has the main operation, then we will continue analyzing the main intent, and then decide the next step in our strategy.

The key is to correctly distinguish between large pay and the main, here are a few details of the transaction process can help us.

In a concrete analysis of the details necessary to assume that prior to the fundamentals of individual stocks there are no major changes.

Details â‘? urgent or not urgent

A trader holding a single instruction must be more anxious to want to foot the bill as soon as possible to complete this major, in a specific operation will be reflected. For example all the way up a single sweep, the file will be listed out in full into the arms of selling. For example whenever there is pressure to come out and knock down the disc, enabling the stall always seemed to be no big pressure plate. For the main, the price is never a day for two days, so there will not be anxious, but whether it belongs to Jiancang, pulled up, or ship in which one stage, are usually hung at the top of some large sell orders. Therefore, we can pay a careful look at the positive level of experience and feel how these disk has robbed the pay is not the intention of chips.

Details â‘? right inverted or not inverted

Great pay a one-way nature of the decision of the traders not only buy the right to sell the right to pay so large in the implementation of the process will definitely not happen right down a single. The main operation is different, because the market is like the volume of active stocks, it will be great to adopt the main means of reversing. We can carefully observe the large intraday trading there right down a single suspect, in the event of the inverted can be used as the main force that it is the ordinary rather than a basis for great pay.

Details â‘? support the market or not to support the market

The so-called support the market price is hoped to run in their own hands, in time as far as possible Zade Jiancang lower, while in the pulled up a little higher when done as far as possible. This is the main desire, but the main also has this ability to support the market. But the pay is not the case, from an investment point of view in terms of big foot the bill with our little ordinary investors pay is the same, that is buying up stock and then sell after the wait for a profit. As for buying after the stock price movements either entirely to the market, either entirely to the main disk, there is no thought is also impossible to interfere with the operation of stock price momentum. Therefore, intraday stock price movements by looking at whether they are man-made factors, that is, whether someone is to support the market can be used as a big foot the bill to determine a basis or a main.

Details â‘? homeopathy, or contrarian

Great pay and ordinary investors, the small amount of pay is the main difference between the size of only, so pay for the operation of large traders will also be reflected in the operation, friends, and general investment in the mentality of the most important one is the chase sell into. If the broader market delivery rose the day, big pay will able to fulfill the list because of fear and struggling to sweep goods. Once the disk tape down, immediately stopped their activities to give up to buy, and sometimes even some of the original hanging in the following pay will be fully removed, hoping to be able to buy at lower stock prices falling to more low-cost chips.

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The other hand the main is just the opposite. Is expected not to increase the adoption of the main positions to maintain the trading in the stock price, so when the broader market for the better when you may sell some chips, and in the broader market to buy some chips to drop to prevent the synchronization of price decline. So the pay of these intraday transaction price when the big trend is that we judged that pay is still an important basis for the main force.

Not every detail of the above four will appear, as long as two or more of them there and the answer line, then we can be of the following conclusions (see cases)

Case 1 Case 2 attached

A stock market opened quiet conditions in the broader market appeared to take the initiative to pay for aggressive sell orders on file all wiped out, stock prices rose in 15 minutes after 6 percentage points, this process does not appear on the file very large sell orders, the following does not appear very large orders. Followed by increases in stock price dropped about 4% in the sideways position, during the whole tape in order to run a small rise in the stock transactions of more than 1 times larger than the recent. The afternoon after the market opened half an hour 1:30, the stock began to fall to lose the support of buying volume to the recent resumption of the normal level, the previous closing price to close at the broader market was up close Zeyi. The strong trend in the morning so that we suspect that the main force in which the operation may only be a big pay?

Analyzed as follows: start a wave rises significantly more than the broader market and has been a slight drop sideways, and by 13:30 after a fall in price is the amount of shrinkage, indicating that they pay more worry seems to be going in the shortest possible period of time. Therefore, in line with details of the analysis may be big pay â‘?

Disk, particularly in the process of opening up the post did not topple, and details of the analysis support â‘?big pay.

Immeasurable in late fall, closing there is no recovery, indicating no support the market, details of the analysis support â‘?big pay.

Case 2

To follow the broader market to do a stock-day fluctuations in the same direction, but slightly volatile than large cap rate for the unit to be much larger, 20-minute tape, Wang Yao City to go down, but the unit is immeasurable, to close at selling both the upper and lower access small. Volume was somewhat larger than in the recent day, the next file then do not drive, initiative upward pay more, but no significant signs of reversing. Initiative, an increase in pay raises our concern, is the main force in the operation or the operation of a Da-pay?

Up the process each time there is no obvious right down the details â‘?analysis support big pay.

The upper and lower尾市then selling very small, so very easy to do the closing price, but not actually do so, the performance did not support the market behavior, details of the analysis support �big pay.

Intraday volatility in sync with the broader market, but up from time to time pay, that these are homeopathic single list, details â‘?analysis support big pay.

â‘?details can not be judged, but with the details of the other three judgments, it will be broadly concluded that this is only an ordinary big pay nothing.

Both cases had an incidental corollary, case â‘?corollary is this big foot the bill already 13:30 when completed; while the opposite case â‘? This big foot the bill has not yet completed.

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