Category: Money tips Release Date: 2006-10-19
Fund Manager: CHEN Shi; Report Date: May 15, 2006
Variety of positions: (1) G Gehua 6.5 million shares, the purchase price of 11.60 yuan; (2) G China Merchants Bank 6.3 million shares, the purchase price of 6.10 yuan; (3) Ma Ying-Long 1 million shares, the purchase price of 29.16 yuan; (4) G re - Steam 3 million shares, the purchase price of 9.63 yuan; (5) Sinotrans the development of 5 million shares, the purchase price of 9.68 yuan; (6) G grasslands fat 10 million shares, the purchase price of 2.46.
Today, broad market continues to surge, the Shanghai Composite, and Yang Xian Shen Chengzhi are pulled out large. Festival this past few trading days will be the trend of the whole, the tape clearly entering the main Shenglang round Quotes. Master Sheng Lang is characterized by the index and share prices soar, stocks a large number of limit-volume continuous zoom. But the main Shenglang often are not very long, after all, could not have been sustained boom. Therefore, as they are now so hot rally this week may encounter cool. In other words, stocks in the recent shocks may occur. From today's market performance, the cap, lower overall rise has been pre-stagflation steel stocks also soared, which is the result of intervention of funds outside the Ta Kong, but also means that the market in the compensatory growth phase. If the junk bond market have been substantial compensatory growth, you are overheating.
Analysis does not mean that we do see an empty afternoon, in fact the bull market has long been established, the general trend upwards is a foregone conclusion. However, if the bull market who have been up in the hot, we should pay attention to trim, and convertible operation rallies.
Therefore, in the situation in a good occasion to maintain a rational and it is necessary. At this point, but also pay attention to the texture analysis of the stock and valuation is reasonable. Say for sure, there are already many shares rose after the departure from the reasonable valuations, these stocks have higher risks. Therefore, right and overvalued stocks skyrocketing rallies to trim, has become very necessary. For undervalued, a reasonable valuation of the stock can still bold to hold and buy.
Quotes of the leader as a non-ferrous metal stocks, there is a need to maintain their close attention. The plate's upward momentum from international commodity futures surged, but if the futures prices fluctuate, it will affect the trend of non-ferrous metal stocks. However, if the market ignores the volatility of the futures market, then the broader market will continue skyrocketing.
Warrants, we recently pointed out many times in profits the opportunity to have a plate. Is still among the biggest gainers today, warrants, put warrants, and Wu Liang Baoshan warrants soared nearly 40 percent a day, once again shows how profits warrants amazing. In this spiking Daoli, speculative funds will certainly choose a day and can be made up by dozens of "T +0" of the warrants. Wuhan Steel shares from the warrants that the varieties with poor also began to rise view, warrants plate is still expected to be hype. However, we stress once again that speculation is only suitable for a variety of risk-bearing capacity to operate, it needs special attention.
