Category: Money tips Release Date: 2006-03-10
Yesterday the Shanghai and Shenzhen 300 Index dropped 9.24%, a view of the full range of lower limit naturally occurring refers to a "spectacular" sight. At the same time, the sounds on the market was underway, and stock index futures has been listed as one of them guess. Prior to this, on the stock index futures "Zapan theory" and "peaked" theory has been lot of heated discussions. During the Spring Festival, Xiao Xu, Zhuang Biao, and went to Old Chang Qianduo Duo Meet in a guest house dedicated to a variety of viewpoints on the market were discussed.
"I am listed on the stock market impact of stock index futures hold a neutral point of view, the cash market will continue to run in accordance with the original track." Mr. Chang said, straight to the point. Some time ago, Mr. Chang is also a neighbor of several stocks "mysterious" to tell him that stock index futures market is the broader market peaked on day. "From an investor point of view of senior securities markets, I think this view is not persuasive." Lao Zhang began to talk about, "from me into the stock market since investors in the country there has never been the same Once a 'head' and, if so, who will then drive? "
"From the perspective of futures trading, you are circulating on the market after a 'Zapan on the' how to look at?" Mr. Chang asked Qianduo Duo. "I personally think that there is no persuasive." Qianduo Duo laughed, "Zapan theory and futures' Squeeze 'is similar, but the futures of people do know that in the futures market on the' more short squeeze 'than the' air force Multi 'is much easier. a careful look at several major events, in addition to Bahrain, a large number of events to do more because Nikelisen Nikkei 225 index futures fails, others are successful. Moreover, there is no short squeeze Nikelisen just off position weight, a Kobe earthquake led to his defeat, it is force majeure, not the human factor. "
Qian Duoduo events began to recall a variety of Squeeze. "CAO event, Zhuzhou Smelter case, 327 national debt crisis, and copper are all more than the typical short squeeze success stories; in 1998 occurred in China's Hong Kong's financial defend war, Soros short Hang Seng Index futures, which is one of the few place in the world's 'air force more than' case, but ultimately failed. "
"Why 'many short squeeze' than the 'blank to force the more' easy?" Xiao Xu Qian Duoduo asked puzzled. "It's simple, futures is a zero-sum game, you win is to lose people, but also in the market, money is always better than more choices, as long as would like to Zapan, resulting in short it will focus on the risks." In Qian Duoduo view, index futures market, even when the volatility occurred, it could be rose, rather than fall.
"If Having said that, but I think this situation is not vulnerable because it is now than in the futures market has matured considerably in the early 1990s, beginning in 2004, the domestic futures market, there had not been squeezed to the incident." Qian Duoduo said, "and early stage of development in the futures market almost every month squeezed to happen. "
"That's how you look at stock-index futures listed on the impact of the stock market?" Zhuangbiao asked. Prior to this, various viewpoints on the market spread Zhuangbiao have been confused. "I have a lot of securities and futures industry experienced professionals to explore this issue, the majority of rational thought, to reject the extreme circumstances, stock index futures is an equalizer, when the stock rose divergence values, institutions will be through the short futures to avoid risks ; When the stock to fall into the value of investment areas, bodies by doing multi-index futures advanced Jiancang, but there is a view we compare the recognition that the initial result of stock index futures market, impetuous, or do not understand how going on, could lead to a substantial oscillation. "
"This analysis, we should be stock-index futures to maintain a normal state of mind, to the value of investment as the basic hub involved," Mr. Chang said.
From the Editor: Notes from stock index futures trading simulation is reported in a popular language, through dialogue and form a comprehensive introduction to investors in Shanghai and Shenzhen 300 Index futures trading related systems, as well as skills in a block section, the section is intended to help investors are familiar with stock index futures, to adapt to the mainland as soon as possible about individual stocks listed on the first refers to futures trading. So far, articles have been published in total 34 completed.