Category: Money Tips Date: 2006-03-06
Source: Shanghai Securities News
New Year's Shanghai stock market gapped 53 points to broader market opening, and sang all the way up to the touching 2847 points. 尾市as bank shares dive, or narrow. Shanghai stock market is still closed up 40.24 points to close at 2715.72 points, up 1.5%; volume significantly larger, the two cities Ultra 100 billion turnover for the first time, reaching a record 121.68 billion yuan. Market trend from yesterday to see the bank stocks dive to the broad-market index movements of stock sounded the alarm, the index closed out with a long upper shadow of the cross Yinxian,大盘afternoon with regulatory requirements.
The first is A-share market to adjust the requirements to run rhythm. In the November 30, 2006, tape has been run on a relatively flat channel belonging to Manniu Quotes. From November 30, 2006, the broader market, after breaking into the major line of pressure upstream of the stock market accelerated, thus changing the slope of the rise in stock this, from a weekly and monthly K-line K-line to see more clearly. In particular the December 11, 2006 to 15 and from December 25 to 29 this two weeks, indexes were up 8.61 percent and 14.16 percent. In November 2006 rose 14.22 percent, in December rose 27.45 percent. In the short term there is such a big rise, so that the rise in the market too fast, the macroeconomic and growth performance of listed companies do not support the stock at such a speed climb. Therefore, adjusting the index requirements of running a very strong pace.
Followed by the broad-market index stocks are the main signs of shipping. January 4, 2007, against the big massive ascribed to drop in energy consumption too long, especially in bank shares a substantial diving, the main shipping signs are clear. If this phenomenon was the spread of pre-crazy broad-market index stocks would all or part of the weakness, how to surge up, it will fall down and how.
Third, the early broad-market index stock index futures introduction of madness and a great relationship. We assume that, if the market most people are aware of the launch of futures spot market was an obvious trend up or down, then the stock market is an iron rule of a small number of people making money will be broken, but also shows that the trend of the futures market is very uncertain. Let us think about this possible? Super main would do this so a good thing? Impossible. Therefore, before the launch of stock index futures, the market uncertainty is the main trend is willing to see. If the current started to adjust, which can produce uncertain effects of the trend, in the futures launch stock futures pairs of bull market caused by the illusion, so that retail investors at a loss.
The fourth is a new fund to facilitate the Jiancang. In November and December last year, there are hundreds of billions of new funds waiting to enter the market Jiancang, and when these new funds, when ready to enter the market, it is crazy when the indexes of these funds Jiancang very unfavorable position. To make these funds in 2007, have a good income, we must accelerate Jiancang speed, lower cost Jiancang. The use of indicators will be able to create a panic shares Zapan pairs of birds with one stone effect. Fund as the current super-main on the market, using its capital as cover for "brother" and even "twin brothers" Jiancang is entirely possible.
Finally, for future clean up of floating chips. Tape straight up chips have accumulated a lot of profit in the event of trouble, these chips will rush out of the right index continued to rise at a disadvantage. If a short period of adjustment, can well be Xi Pan, Chi Chou improve market average cost index for the future to reduce selling pressure on the rise.
In summary, the tape may have to adjust the short-term requirements. But the fact that in 2007, both from the macro-economic environment, or from the expected appreciation of the RMB, as well as the various elements of the internal market, as well as the external market perspective, continue to follow the cattle are not a problem. However, the long-term bullish stock market does not mean that every day, walking cattle, adjustment is in order to better take the cattle, investors will not be intimidated by such an adjustment, in the adjustment, follow the adjustment of positions along the main structure, and strive for a bumper crop in 2007.
