Category: Money tips Release Date: 2007-02-03
Recently, the stock market rose crazy, index soared, turnover has also zoom a lot. Most stocks rose faster high-priced stocks, 30 yuan of the Commodity City, a month or so rose to 46 RMB; 14 yuan Baoji Titanium, less than a month's time, they broke through 24 million; is already sky-high price of history a large commercial stake in just 7 days from 20 yuan to move up to 26 per; Shandong Gold stocks resume trading day, up 59% of the reform, which is equivalent rose to 15 yuan from 25 yuan; Xiamen Tungsten are basically the same day, from 18 yuan to kung fu 28 yuan.
Seems to be a phenomenon: When a stock is 20 yuan less than the time, but also slow climb, once more than 20 began to accelerate. At the same time, most of the cap, lower-lying immobile on the floor, and some performance loss is still down. This brings to mind the Shenzhen B-share market in 2003 after the period of Quotes.
At that time, the Shenzhen B-share market, similar to the Mavericks out of the city market, into a composite index soared more than 7, but only deep Vanke, Shenzhen CIMC, Shenzhen Chiwan several stocks rise, end up on the 10 rides, 10, fill full power, then 10 get 10, then fill the right, so capital has become very large, the share price is also very high, with a total market value is really amazing. We should know that right is the composite index influence the total market value of the stock, which rose up another stock, increasing the weight, the index became their shadow. Those who have already fallen to the floor of the stock, even if the index does not fall any further also the formation of any impact, they are completely marginalized.
Then this happens: people who bought the leading stocks, earns more than the index, people who bought the common stock, basically have not enjoyed the index rose, the most unfortunate is that people who bought the loss-making stocks, funds a substantial shrinkage .
In fact, after 2003 the Shenzhen B shares, speculation is that the concept of yuan appreciation, international capital in the B-share market speculation. Therefore, this wave of Quotes is actually to Chinese investors on foreign investment in a vivid lesson. International stock markets mature, there are a lot of stocks are not trading because the day, was being marginalized, the index long-term trend is up, and only a few constituent stocks on the rise. Unfortunately, if you bought the stock was marginalized (those marginalized is not a small number of shares), it can only be in so-called bull market, the tears.
The so-called "big bull market" is a heavyweight great bull market is a big bull market high-priced stocks, is leading the big bull market shares, with nothing to do with stocks, will be nothing to do with the big bull market.
The cases are walking in the index case of cattle took place, if the index fell, those who have been marginalized in the stock would be more tragic. Because funds are limited, chips supply is unlimited, infinite plate to expand, limited funds, can only operate a few stocks, the risk of future Zuo Gupiao growing just reading the index has been useless, and truly earn to the money are those who understand the nature of listed companies to buy good stocks people.