Data:2009-12-12 2:34
Category: Money Tips Date: 2006-09-01
Source: Chen Shi
Today, a strong rebound in the broader market, which is based on the strong rebound recently plummeted. Just look at the past three days and then drop the index it seems small, but heavyweight pulling up the index to cover up the third-line stocks would decline, so in fact the market has emerged recently in a crash. The Shanghai Composite Index yesterday's climb in the 3818-point rally, the points are basically at the 3404 points to 4312 points, up 50% retracement, if the broader market go strong, then it is expected in the 3800-point line is the second lowest drop . But we can not be too optimistic about market's adjustment is difficult to end at this point to continue to test a low rebound still a reasonable chance. The general trend, we believe that tape will continue to build a large order form, eventually you will find this is not a so-called two-headed, but a rise in the collation of the triangle or more complex patterns.
Currently, you can see very clearly is that many of the stock in particular is a three-line stock from the "5.30" launched a wave of start above the intermediate level of adjustment, many stocks are already about 50% of the decline, and the trend has been to adjust fully formed. But the C wave decline in amplitude and duration is still inadequate, and many stocks are still quite serious overestimation of the extent, therefore most of the second and third lines to adjust the pattern will continue to maintain, it is still the biggest risk currently on the market.
From today or table view, oversold stocks and blue chip, growth stocks co-exist. Oversold stocks rebound rise is no doubt belongs to nature, because the early falling to hurry; while blue chips and growth stocks is a bullish continuation of increases. Recently, banks, insurance, real estate, stock trend and other mainstream strong decline in the stock market performed very prominent, it is institutional funding to continue the result of intervention. In appreciation of the yuan against the backdrop of bank real estate is still a very good choice midline position.
The Fund held by the * ST northern Pakistan resume trading today, the company intends to issue additional shares of 8000 and a major asset reorganization, the reorganized significant increase in profitability, and has the typical concept of the Olympic Games, transport, tourism, advertising and other businesses are expected to enjoy the Olympic Games bring of rapid growth. China International Capital Corporation is currently the latest rating of recommendation, and that a reasonable stock price of 21.6 yuan, there are still large room for growth, we will continue holding.
