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Data:2009-12-12 2:34
This year's big bull market can be divided into two phases, one beginning of the year to July of the broad based, Quotes; second early in August so far blue-chip market, in these months on the Shanghai Composite Index rose 1000 points, while the majority of flat stock performance, only the various types of blue-chip alarming rise. Therefore, the essence of this bull market is a blue-chip stocks led by the structural bull market.
Investors need to the structural characteristics of the bull market and establish a sound investment philosophy, in the formulation of investment strategy must be followed, "grasp the main line, timely swap" principle.
To grasp the main line is to grasp the Quotes --- the main pulse, it is necessary to the evolution of hot spots Quotes as a whole to conduct research and analysis, not able to separate the analysis of these hot plates. Overall judged by hot, we can clearly understand the Quotes thread is that the blue chips this round grasp the bull market in blue-chip stocks, they took advantage of huge profits.
Timely Convertible --- refers to a structural bull market, waiting for the hot spots just come into their own stock holdings is unrealistic, and it is very passive, investors should be actively convertible. Implementation of the convertible strategy must pay attention to the following points:
1, the structural bull market in the convertible market as a whole must be accurately judged the direction of trends, as well as hot spots and the polarization rotation, do not scattershot random chase sell into, we must be targeted.
2, the structural bull market in convertible hot plate must pay attention to selecting individual stocks. Investors need to a structural bull market environment and the performance of individual stocks, selling hand held non-mainstream hot stocks, buying hot plates currently belongs to the mainstream of the strong stocks, can be achieved faster than the general trend of earnings.
3, the structural bull market in the hands of a profit investors often sell stocks, with the proceeds of capital to those who share the signs of weakness of the quilt flat stock. This is a convertible in common investment errors in the structural bull market would soon allow investors to profit is often the real mainstream varieties, these strong stocks will be the strong stronger, while the most vulnerable stocks will be weak, even weaker . Sell profitable shares, buy quilt shares are actually sold the mainstream varieties, buying non-mainstream variety, make their own investment portfolio tends to passive.
This year's bull market, many investors blindly cover their shares, that the bull market will be able to cover their shares to make money. In fact, in a structural bull market, indiscriminate white cover their shares, the simplistic view that the bull market in stocks will be able to freely cover their money-making idea is outdated, and investors must consider the specific conditions to formulate appropriate investment strategy.
The stock market is not the lack of opportunities, only to find the missing. No matter how strong the broader market, investors are not to be deceived by the surface of the broader market, the key is to seize the market opportunities for local hot spots.
For example: In a structural bull market will never be lonely is the second new class blue-chip stocks, as the last stalls sell-off of light, there is no history of hold-up disk, the fundamentals in good condition, with excellent performance and high-including the right to high-growth, low price-earnings ratio and other features, more importantly, no other large organization is one of the funds Shigekura occupied, so popular favor of the new fund, which caused many blue chips had just released a new market emerged steadily rising strong Quotes.
Looking ahead to 2007, China's stock market is still expected to run in a structural bull market. In-floating era, such as favorable factors in the appreciation of the renminbi under the influence of the strength of the stock market differentiation will become more obvious, the choice of investors must be integrated into stocks fundamentals, capital face and market trends and other factors.
In the fundamentals, the stocks of industry representation, performance and growth factors is still the main criteria for selection; in market trends in individual stocks to observe whether the inherent strength, and chose a strong shake-up will be an important reference for species to adjust holdings factors; in capital level, the strength of the new fund can not be ignored, we must follow the direction of the mainstream funds the operation of the investment operations.
