Sell into short-term energy has been great diminished steadily Money Tips

Category: Money tips Release Date: 2006-04-02

Source: Bo Star Investments Authors: Zhu Huiling

Wednesday tape Dikaigaozou cities, after the morning fall in the inertial heavyweights as the first line and second-line stocks to stabilize active, Hu Zhi-day moving average at 20 to regain support higher after concussion, Japan and K-line newspaper is in Yang Xian, and recovery lost ground in the short-term moving average. Short-term point of view, heavyweight clear signs of short-term rebound, but the difficulty of the continued substantial up a larger degree of markedly improved the active stocks, broader market return to the previous high-point of regional operation, is expected to remain steadily pattern.

Index Xianyihouyang by Tuesday Hang Seng Index plunged 564 points in five years the largest single-day decline in influence, A shares there have been intense shock indexes sharply Tiaokongdikai early cities, Hu Zhi directly beneath the opening 20-day moving average , and continue down to seek support, in 2000, when the point of imminent danger to Industrial and Commercial Bank of China, Bank of China, led by banking stocks bottomed out in the first stock index rebounded to become the main driving force rebound, broader market to regain the 20-day moving average at the support of short-term stock prices lucky enough to return to the top of the short-run average. In the heavyweights take off stage to an active degree of stocks markedly improved, scarce resources, recycling economy, consumption, upgrades, non-ferrous metals as well as high-priced stocks among the biggest gainers. Looking at the recent trend of broader market volatility peak width, especially with the heavyweight shock intensifies, compensatory growth stocks will soon fade, particularly the recent strength of stocks have high platform diving, off a hot hard to find, therefore, to continue its active stocks , heavyweight, do not deep tone, otherwise it may lead investors to think short-term peak and the broader market have fled the market Pudie inevitable. Thus, the pattern of shock remain high as long as the heavyweight, in its take off stage will continue to round Quotes Stock plate turned staged, which will be maintained at a certain high degree of market sentiment, the broader market would be difficult to deep down. Currently stocks in 2000 to regain the support of heavyweights stabilized rebound has achieved a lot can be said, but because of the recent stock market crash around on the A-share market also created some negative effects, especially the sharp decline in Hong Kong H-shares on the A the weight of blue-chip stock market, the impact has not been eliminated after a pre-weighted blue-chip speed up, to continue to up the difficulty significantly larger, therefore, difficult to have outstanding short-term stock performance is expected to maintain a steadily pattern.

Overall, the short-term moving average is currently the market recouped losses to return to previous high-point of regional operation, super heavyweight tape over recent days, after the rapid callback, the risk has been substantially released, sell into the energy has been great diminished. Short-term has been turned up, with its strong support to the broader market, the market is still bullish pattern.