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Data:2009-12-12 2:34
The recent market bullish on multiple factors, bad conditions are intertwined movements stalemate repeatedly, investment theme of vague, dramatic intraday volatility reflects the market adjustment of the main features of turbulence, the market faces more uncertainty, long-term fundamental factors for good implies an increase in intensity of the weak technical worries, we have in the recent series of articles in the analysis of the contradictions and beautiful realization of expectations, still only come to market in the shock to adjust the pattern of conclusions.
The establishment of foreign investment in China may be the reality of recovery of excess liquidity solutions Leaving aside the future of foreign exchange investment company is able to reap the benefits of overseas investment, but foreign exchange investment company as part of the banking system to solve the problem of excess liquidity and financial business loans impulse In fact, signs of a shrinking money supply is also the moment, we can not determine foreign exchange investment company's capital intensity of the contraction of the extent, but the central bank issued 100 billion bill rate reached 3.05 percent interest rate increase by the market as a precursor to even more interesting is that in major research funding agencies of the report, I found a very big difference, from an optimistic point of view, institutional differences to form the basis of style investing; but a little pessimistic that in the first division after a long-term convergence will result in some varieties were Multi-eat. Some agencies focus on mining iron and steel and electric power undervalued species, promoting strong clearing the property and financial stocks; other agencies consider the basic adjustment of financial stocks in place, or even take the initiative to overweight real estate stocks, as well as the institutions are keen high-growth technology stocks, aerospace science and technology, agriculture and environmental protection of nuclear self-innovation, etc. In this way the mainstream of the early trend of a variety of vague, investors gradually lost fluctuations in the price difference;
Readers may feel this column is also a friend market floored, in fact, on the contrary, only the unilateral and absolute bull market bear market everyone's point of view only the basic convergence, the differences did not appear after the market melee is a blessing, or at least prove that we still live in the the bull market, but only the bull market in the rest period. Of course, the money-making effect of short-term market will not be very obvious, but a transformation of the system to meet the capital market opening, due to epitaxial-type growth of listed companies (asset injection) and the three basic factors, appreciation of the renminbi has not changed, so the shock of the recent adjustment of the nature and the last 6 in July, as the adjustment was not much room a long time. Column or maintaining the stocks in 2500-3100 continue to adjust box 4-6 weeks to determine, from the contour of view is now adjusted for two weeks, followed by late March and mid-April to seek support among the well down to the requirements of , on the contrary short-term indexes break up the space to create larger, then the next adjustment deeper until completion of the ABC three waves to adjust. For example, if the market this spring to bring two triumphant to 3200 points, then the following technical adjustments required will be reduced to 2300 points. Two coming to an end next week, the market re-hoisting the occasion, investors should be cautious as the right, moderate right lowered earnings expectations. (Li Ying)
