Category: Money tips Release Date: 2006-07-10
Source: Zhou Fei, Zhejiang, Li Jie
Thursday broader market opened higher with 4347 points, and quickly refresh the record high, the highest intraday Hu Zhi touch to 4371 points, and has repeatedly returned to the previous day's close point and explore the bottom, especially in the late average plunging dive showed the potential, but in real estate, finance and other blue chips protects, under the final closing up 22 points. The bull market, the high point of the advent of passion has not subsided rapidly after the contrary, the intraday volatility index fell, but even more inspired passion outside the hot money of the selling points. Market hit a new high, after a short while facing the adjustment request, but the broader market Zhangsheng intermediate trend has been difficult to stop resistance. Since last Friday, Hu Zhi rose more than 10%, while the majority of blue-chip market, the biggest gain in more than 15%, determines the main round Quotes will remain in the financial, real estate as its core blue-chip system, and therefore decided to Quotes of the breakthrough of this nature.
Contrast to previous highs of the stock market, this tape in a continuous trend in the rose, there was obviously different. Index in May this year, momentum is also a rainbow, and create a historic high of 4335 points, which the Shanghai stock market continued to maintain a single day trading volume of 2000 billion yuan, up more than 2600 billion is a record amount of days. But last Friday since the Shanghai stock market although the amount can be magnified, but still maintained at 1000-1600 billion level. May 29 when the Shanghai stock market hit a turnover of 4335 points for the 251 billion yuan, a record 4371 points Thursday tape volume can be only 134.5 billion yuan year on year, almost half of the only pre-Quotes. Heavy volume hit a high point is nothing wrong with a strong supply of funds has laid a strong attack. The Su Liang has highs, largely dependent on the end of May, June 20 index after two substantial correction, in the majority of the market adjustment process will be to raise Fuchou clean, high selling and therefore been alleviated. Quotes of view all day Thursday, the index several times back to exploration, but it can quickly pull up, indicating the market's long drive to undertake relatively strong, the market held by the initiative of the basic long hands, 4371 points, obviously not the last high point. A long-term point of view, afternoon tape target bit will be more than 4,500 points.
Despite the recent broad market is still strong, but also makes a number of consecutive rose gradually began to expose potential problems. One is leading the ongoing round of hot action that may arise "hunger gap" situation. The rally, the first property, the prompt start of non-ferrous metal stocks, China Vanke A rose nearly three weeks since more than 30%, followed by coal, steel, electricity and other blue chips are Xianwei follow-up. In reaching a new high after the retrospect, the five golden flowers, and most of the two blue chips, there have been outbreaks of both type of rose. The large-scale involvement of these blue chips are basically the mainstream of financial institutions led by the Fund, and will not be short-term rise in Kuaijinkuaichu. Moreover, the current 3/1000 stamp duty, raising the cost of short-term speculative-off. After a plate in various blue-chip upside, the once hot spots missing, then the market will allow trapped "rudderless" state. The second is the continuing rise may lead to stagflation Suliang situation, thus threatening the market's future to speak of a high rise. Intuitive terms, this sub-Quotes from the 3563-point start, has risen nearly 800 points, even in the early to start selling smaller, but more than 700 points as the rose, the more the situation will turn the empty possible. Long-short, once the differences increase, the present volume alone is clearly unsustainable and appropriate "fill volume" will continue to take the cattle Quotes key.
Two reasons could lead to short-term market's wide shocks, the new high although it will continue to refresh, but the intraday adjustments will also be more fierce. The rose will be hundreds of billions of dollars of hot money Ta Kong, the recent intraday Jiangsu Kaiyuan, Liuzhou Iron and Steel shares, Greenview real estate stocks in just a few trading days has surged more than 40% within, which is obviously not a purchase IPO proceeds can not be evaluated. Profits out of the market again demonstrated effects may be fast to attract these funds back the secondary market, so as to market "blood." Once the market capacity could once again close to the level of pre-Quotes, the market will also be a new round of Jiancang opportunity. Especially in likely trend of the expected wide shocks, the disk's sharp fall, it will be an excellent opportunity for a strategic Jiancang. For the mainstream has been up over a blue-chip, we believe that _ is taking a long-term vision should be some, as long as the disk appears Shenfudiaozheng, they could take patience Buying ahead of the layout of the next index point of the 4500 attack on the most powerful engine.
