Category: Money tips Release Date: 2006-10-18
Ruqierzhi rebound, but the volume is very clear that there is no effective amplification, the market remains cautious atmosphere and even depressed. Recognized by the majority of blue-chip stocks, while they do not receive funds sought after. The Awkwardness of blue-chip, or that the Fund can support thriving and effective stand on the broader market to regain pre-4000 high point and at?
The Awkwardness of Fund "end effect"
The Awkwardness of Fund's performance in recent days have highlighted two factors: First, is the Fund reported this week reporting period, "end effect" occurs more easily, especially in the higher concentration of the fund's holdings are more likely to occur varieties pushing into conditions.
This "end effect" atmosphere of caution in the market conditions become more prominent, because the number of new accounts less than 200,000 the following has been going on for a few days, and funding to promote inertia begins to slacken, the value of retail investors for the agency Shigekura varieties to make money effect is difficult in the short term reflects a lack of patience, and in such a pattern, the value of investor funds and other large area is not difficult to lift Awkwardness small. Therefore, the value of watch and take final strategy also some frustration, active and passive behavior of decorative window (ie, engage in a beautiful final statement dot) co-exist. Second, the prelude was about to begin mid-year report, for the performance is expected to clear waves of blue-chip advance the commencement of the performance show. Banks, automobile, non-ferrous metal plates have relatively clear expectations and performance wave of early mid-year report shows the market can also receive recognition.
Motivated by two factors, the Fund Awkwardness become the protagonist of the past few trading days has its background. This objective factors, how much the role of the intensity needed further observation, while the focus of observation is that the effectiveness of larger volume.
Liangnengbuzu rebound height constraints
The rebound and 5? 30 rebound after sharp fall has similarities are retaliatory rebound after the sharp plunge; however, and 5? 30 crash in the process of turnover compared to the recent dramatic drop in market turnover, but also showing a decreasing trend, and the disk is clearly a lack of mainstream appeal plate, which revealed the stock of capital uninterested, incremental funding is unwilling to admission status. An objective reason for this is money-driven inertia begins to slacken, while the weakening effect is mainly due to the decrease of money, the market there is a lack of sustained appeal of the hot plate, even blue chips are also in the advance and retreat back into the shock of the rise in the higher, while the large areas of Stock below the previous 5? 30 collapse of the low stocks and the broad market out of line, investors suffered heavy losses, played a very severe cut, which leads to off-market funds restrained enthusiasm. The rise of blue-chip market has not been widely recognized the one hand, noise traders value investing philosophy for the lack of recognition or lack of sufficient patience, the other hand, because in between the game does not want to participate, we can see clearly of a disk feature is the weight index stocks and other stocks show a "seesaw effect", indicators cover shipping stocks were fully aware of the concerns revealed.
Volume a direct reflection of market sentiment, it is we need to pay close attention. If the volume continues to maintain the status quo difficult to effectively enlarge the rally will be a high degree of inhibition, the stock of financial maneuvers difficult to support stock record highs.
Resistant likely to rebound
Blue-chip is to determine the key to the recent market trend, the next step toward leading blue chip companies is likely to remain high and gradually reduce the resistance-type reaction pattern, while the index remained relatively sideways state the risk of individual stocks are still very significant. First, the hands of blue-chip chip at the institutional level locking is not high, in other words pushing into union organizations are not necessarily strong, in the absence of additional funding sought after outside the institution where the stock of capital is difficult to effectively push up blue-chip large-scale launch daily news performance waves. Second, the successful landing of China Ocean A-share market, large-scale return of red chips to accelerate the pace of the high premiums will increase distribution and steady landing A-share market's attractiveness to overseas large-scale state-owned enterprises, while large-cap stocks shake the new rate of return is higher than the previous small - disk shares, the stock of available funds may be the formation of a certain detached. Three have been released while the policy face varying degrees of bad, but whether there will be follow-up to "combination punches" unknowns will make the current venue of the stock of capital is more fragile, and mood swings still occur, even if the value blue chip varieties will not necessarily be determined at this stage embraced.
Therefore, I believe that the broader market rebound appeared likely resistance to innovation and a high degree of difficulty is relatively large. In the current circumstances, the market's systemic risk than individual stocks but also in fact a non-systemic risk. Faced with daily news of the test, many junk shares, subject stocks continued to fall there will be action, a mismatch between individual stocks and the broad market's mid-year report will be blue-chip performance overshadowed by waves. Investors in the operation it is prudent to control the position at the same time positions need to optimize the structure.
