Category: Money Tips Date: 2006-09-26
Source: Guangzhou Bandung
Abstract: The index should not have room to fall. Because the adjustment, time, and in particular its crackdown on the market are not enough. Tomorrow may be more difficult for long. Adjusted estimates will soon be ushered in after the end of a strong rebound. Investors respond to the current operation of the adjustment strategy is ... ....
While many market players cheered for the 3000-point, this column yesterday, they talked about the index to have a few days callback. Today, a large city, opened on the Tiaokongdikai, then all the way down in the afternoon once there is a rebound, but the intensity is very limited, Yao City rapid decline. Collected one day Zhongda Yin Xian, Shanghai Composite Index fell 118 nod, Shen Chengzhi fell 353 points.
Down the face of the larger cities, investors are eager to know that there is room for a drop in the operation should be how to deal with?
Our view is that, from 12 days to see broad market still has some room to come down. But to be noted that, due to the broad market in general is in a bull market, the market is also very bullish on the idea, long the power is still very strong. Therefore, rapid callback after the end of tape at any time are likely to emerge from a strong rally.
1, the index would still be room to fall.
In the face of decline, investors are most concerned about is: broader market also fell space?
Today, Index is made a certain amount of callbacks, but the disk of view, adjustment, time, and in particular its crackdown on the market are not enough. Therefore, we determine the index still has some room to fall.
First, today's index, callback, the recent trend of weak Shanghai Composite Index did not fall to below Tuesday's low of 2851 points. And Shen Chengzhi only the rapid decline in Yao City, the only break of the recent technical support spaces. Day most of the time were not broken, the recent technological position, which indicates that adjustments were not enough, not yet in place.
Second, from the time to read. Today is only a one-day decline, but there are two-hour session is a rebound. Real time the callback is only half a day after a sharp rise as the index of the callback, so that short-term adjustment time is not enough.
Third, the crackdown on long enough. As today most of the time adjustments are not Po Wei, and only half a day a real fall short of the long attack time of the crackdown are not enough. Investors a variety of media from today's perspective, estimated that most people are still afraid of. This illustrates that the adjustment of the intensity is not in place.
We estimate that tomorrow, but also to adjust broader market, if there is bad co-ordination may be quite fierce momentum.
2, in the difficult times, to see the positive side, big bull market rebound is also very powerful.
Although we in a few days watching the level of air, but we do not yet see an empty stage.
First, we judge the broader market today is just the nature of the adjustments made the top of Xi Pan. In other words, Xi Pan after the end of the index should at least have a secondary peak of the ascribed to the process. Rather, the current index is at the top of the shock-made phased stages of development.
Second, the current tape is a rare strength of a large short squeeze Quotes in the bull market forces much more powerful than a bear market. Once the index adjustment in place, long the organization is no small counterattack.
Investors look at the issue of time must be comprehensive and objective. Do not just see the index fall 12 days aggressive, but also see a long two months since the market's absolute control. In the medium term, long the power is still far stronger than the short.
In particular, tomorrow, the bulls may be in a difficult situation. Long investors want to see the potential great power, do not be too pessimistic.
We estimate that stocks in the completion of this short adjustments, within a few days it will usher in a strong rebound.
Third, investors should adjust operation strategy.
Xi Pan menacing face of the broader market, investors should be how to operate it?
Our view is:
First, in terms of ideology should not be afraid, do not be intimidated by the decline in short. If you are afraid, and panic, and on the middle of the main wants.
Second, for the holders of the stock is still high, and can be considered the first throw departure. However, if the relatively large decline, it is not necessarily to cut the. Can be considered such as a rebound and then rallies to trim.
Third, for those funds in the hands of investors, faced with the broader market fell, we should study once the broad market rebound, which stocks are most likely to become the new primary hot spot, what the stock rose in the next round, the fastest rise, the sharpest increase. Bargain-hunting for the next step and make full preparations.
So that when the time comes, we can comfortably grasp.
