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Data:2009-12-12 2:34
Source: National Securities Kou Jianxun
A two-day rally in the market to make up the Shanghai index recovered more than 350 points, but the rebound did not occur in the apparent volume amplification, and at present such an environment are also always been unable to find an effective multi-party breakthrough. As the index pushed higher, the market waiting to see more emotionally intense a. Blocked at 60-day moving average of repression, Tuesday's long-short market, there is a clear difference in the short term the market once again faced with a choice of directions. Stock market reports began to appear a serious differentiation, especially in pre-sales of stocks rebound after a brief absence of the support of fundamental re-emergence of the situation down. As many previous results do not support share prices have pushed up the stocks on the days accumulated a huge bubble, when the market entered an adjustment phase of these individual stocks bear the brunt of the risk. While many stocks in the short term decline in the stock price can be described as cut, but did not support the performance, the stock lost up the most fundamental driving force for the rally is doomed to its short-lived.
Strengthening as the market a clear sign of the effectiveness of larger volume is the key to the development Quotes. Round of rally can not appear in the volume is always an effective amplification, on a turnover of around 100 billion cards are obviously unable to support the index continued to rise, Tuesday blocked on the 60-day moving average index is also reasonable. The collective strength of the financial sector since the market did not do more to stimulate the enthusiasm, the market is precisely through the lift unit to achieve short-term profit target disk out. Structural characteristics of the entire market is very obvious. However, we can see the tape from the May 30 peak years, a number of blue-chip blue-chip stocks and good growth there has been no substantial decline in many stocks but hit a new high Quotes, such as China Merchants Bank, huangtai wine, Paul Lee real estate, Ping An of China and so on. Structural adjustment will make the idea of the whole market back up to return to value investing. Therefore, it results support good growth of listed companies naturally become the market of new issues this week, the fund of funds and the choice of the object.
Overall, the recent market turbulence order to digest through a wide range of pressures above 3900 points, a huge lock-plate pressure indicates that a short time the market continued its strong upside potential is not significant. However, again significantly less likely to fall, I believe that the market will shock the way for further price structure has been repaired to make it more rationalization. While the first half of 2007 with the upcoming economic data, market expectations for a rate hike became more and more intense, but although the market panic doctrinal mentality, but after all, the basis for the bull market is still strong, so the panic is over not necessary. I believe that China Mobile, CNOOC and other carriers do not log in A Unit, previously, in order to enable a smooth landed, the management's intention to stabilize the market is still very clear. Therefore, the markets are still many have fallen for good stocks rise has brought greater opportunities to select good structural bull market in stocks will be the key to achieving profitability in the second half