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Data:2009-12-12 2:34
Source: Xu Shenyin
Short-term point of view, Shanghai and Shenzhen stock of the new high has become a normality. Benchmark Shanghai Composite Index broke the 3,500-point mark easily, Shen Chengzhi also stood in the 10,000 points. We should know that the beginning of 3500 points, but still a lot of mainstream institutions predicted 07-year high, ah, this can not not but feel boundless joy, but also a trace of fear.
For the current market, investors fear that the old and new investors are not afraid. The old shareholders have experienced a bear market, and always beware of the broad market peaked; new investors are fearless, you can see only a stock market money was how easy it is. However, the current market, is also precisely the bolder they will become more profitable. CBBC some foreign funds to turn a time when, it is necessary for a number of Trader, I am afraid not without reason.
3500 points, it should be said to be a relatively high point position, and investors are very concerned about the stock indexes have topped out, and now can not do? The following points about my personal views.
First, the points are high does not mean that can not do. For older investors are concerned, I think the need to reverse the bear market mentality, which is nothing new, but they have to talk. The current market, is a new pattern of the bull market, we've never experienced the true sense of the bull market, any underestimation of the energy bull market investors will be punished.
Second, the short-term point of view, the main factor pushing up stock changes, but the stock is expected to continue to maintain a stable pattern of rising volatility. Phases of view, Hu Zhi from a 998-point start, Zhang Sheng 2700,2800 point to the main driving force is the split share structure reform, the RMB appreciation, the growth of listed companies; and more than 2,700 points from the start, rose to the main driving force now is the performance of listed companies than-expected growth and the capital is awash with liquidity. Short-term point of view, the main factors pushing up the stock of capital is awash with liquidity played an increasingly important role, while the performance-than-expected growth to push up the overall index, which only stocks will play a significant role in the corresponding signs. As a result, short-term money market on promoting the features of becoming more apparent. Short-term market outlook is expected to market liquidity remains abundant, while the introduction of stock index futures may still have some time, so stock shocks are expected to remain stable up pattern.
Third, the operational level, the investor must have a reasonable expected rate of return. In 2007 to buy the fund to buy the fund and 06 are different in 2007 yield of over 100% everywhere, but 2007 is probably rare. The rate of return is now expected to buy stocks in 2006 to buy the same stock with different, 50% or double that expected a bit unrealistic, and 20-30% should be more in line with market conditions. There is a reasonable expected rate of return, in the operation will be more targeted, it tends to have a greater sense of satisfaction. In addition, the operation should also note that to avoid shocks, the current of the stock market in bear run faster Manniu trend is obvious, once opened down, will fall quickly, but time is short. Therefore, the operation should pay attention to lighten up, and covering a good opportunity.
To sum up the current stock of high is too high, but there have to do, but to be more careful to do, a more rational approach is necessary.