Category: Money tips Release Date: 2007-08-01
Source: Hangzhou New Hope
Broader market rally this week to maintain the channel in operation, the successful stand on the 3900-point weekend, an integer mark, running the trend for further signs of improvement. But the content can not be optimistic about respect, integrated trading, has been a state of constant contraction, which is obviously not really the basis of consolidating the market's rebound, also shows that funds in the rally in the operation is still not firm. Afternoon run, the main factors constraining tape will again run up to the policy level, and market factors will take second place to face the potential regulation of fear would disrupt the market's normal operation of the broader market will enter a weak shock state, does not rule out the try 3800 pivotal point of the supporting role of short-term operation possible.
From the short-term disk to see the broader market rebounded to maintain shock state, but the willingness to do more, obviously not strong, because investors worry about re-regulation of the arrival of macroeconomic data released earlier this month revealed the disk on the pressure ahead of schedule, according to already published in June part of the Financial data shows that the demand for macro-control has not been eased, while the CPI is soon to be released there will be expected to continue to rise in status, which will undoubtedly increase the pressure on the central bank's control, although not aimed at regulating the stock market, but the stock market impact is obvious, whether direct or indirect. For investors, to avoid systemic risks posed regulation, most chose to sell into rallies wait and see approach, which under the pressure of selling the broader market volatility fell, and the behavior of short-term rally late in Quotes of the impact is limited, the market is still do not have the impact from the policy side of the independence of running conditions.
On a pure market perspective, the recent factors remain positive, the first since the broader market rebounded from this, in 3800 near a platform to build a more solid, although the amount can be inadequate, but equally in the process of prior period adjustments nor can the amount of amplification, so that technology is based on a solid surface; the same time, the performance of listed companies have been released by notice that the upcoming interim results will exceed expectations, whether it is the growth of main business or a listed company's equity investment, or is a cross-shareholding profits will appear extraordinary growth, which is a bubble in the best way to resolve it to effectively support the stock market's strong run.
Endogenous rise in the market dynamics and trade-off between between the external control pressure to the broader market shocks tend to run in exchange for the conservative more breathing space, waiting for the changes in the balance of forces in order to determine the direction of the latter part of the short-term market's run more to reinforce the shock, or test a low point of 3800-bit key points, afternoon market's strength depends not only on the internal market, increase the accumulation of power, but also looking forward to the policy side clarified.
Operational aspects, in the market is in balance or instability, when the stability of operation should choose a conservative strategy, at present we believe that there is still necessary to insist on. In the short term, the performance of impressive blue-chip weight, but presumably there will not be too Quotes sustainability, and more are slowly rising, and with defensive characteristics appear, is a more satisfactory hedge species, cause for concern. For the iron and steel stocks, the short-term performance is worth noting that the upcoming mid-year report is a major driving force of rising; the same time, brokerage, mechanical engineering, energy and other edge plates are worth focusing on. While the more speculative stocks rebound in the short term are in phase, that could be holding, and suggested that through careful to distinguish whether the improvement in fundamentals to determine the short-term rally, followed by, or determined to hold out
