Category: Money Tips Date: 2006-09-08
Source: Shanghai Securities Author: Wu Ping
Monday's market unexpectedly in the coming months Bardo filled market, the market really yew blow, this is also a nearby market investors in recent Senpachi more panic and prudent to focus on the disk psychological catharsis, though looks a bit too much and scary, but also the bounds of reason, do not worry, big trend is still firmly placed or where it, a momentary volatility is normal, but in such a stage to see the true direction of future market is the most important, which is why I stressed the Senpachi in the near future not only psychological but a threshold, but also the pattern of technology from large investors to re-examine the market, an important reason for a good lie.
Institutions and individual investors at present is not only a game between the era, but also between institutions and the market game, not you ever noticed that many markets, some species out of the public offering after the private equity fund to take over again to intervene in, or just out of private equity fund After the public offering and the Fund is a bold eat condition, of course, but also there are different public offering or a different private equity funds change hands between the action, engaged in all kinds of game. Every time the market, especially in the critical point and more sensitive, so that the game situation can be said that the performance was especially outstanding, but the ultimate question of who will be winner.
Take today's disk, this can be found in this market, Sinopec is one of the major vane gone against the tide rose nearly 3 points, once again approaching record high attitude, this kind of action, if there is no large-scale intervention into the capital Obviously the situation is very difficult to make such a disk, it also shows that at least some do more funds are currently still very firmly optimistic about China's Sinopec, the attempt to pull another all-time high short-term desires very clear. At the same time that the disk appeared on a few varieties are more violent fall, down more than 5% or more of the species should be said to abound, and in these species where it is clear that some institutions are out of funds, which are more sensitive to the funds, or that at this stage the more conservative funds.
I am in this Beijing Saturday to participate as guest speakers at seminars during the private equity fund, like many private equity industry to explore the future operation of the specific thinking process is very clear that more or less certain differences emerged some, such as like me more determined to do more to maintain the idea is not just a momentary fluctuations in the market optimistic about the future after the shock of the stock market; and partly seems to be rather conservative, and to take a pocket for security, stage a break strategy; this operation thinking The confrontation inevitably will lead to specific action taken by a different strategy, and the current disk, it can be said, is a good reflection of this point, now down, in a certain level, it can be said that the existence of some market the more conservative institutions to take a more conservative strategy leading to a disk situation, and affects the moment, can affect the whole pattern, you also need to continue to game, the answer would not be so quickly surfaced.
Today, many species with a more obvious on the shadow line, with a more noticeable for the shadow line on the species, at least explain the process in today's volatility, its main forces to do more is to take a tentative counter-offensive action, only to face Today, more focused on the short side and the rough short of the defensive strategy is to take action, once the kinetic energy of the release of the short side and so to be more adequate, then the next multi-party counter-action will be to a large extent will determine long-short both the final result after World War I Therefore, for these species is similar, we might maintain a highly appreciate the vision to look at, I believe some of the more exciting it is yet to come, but today is the exciting part of the short side of the Bale.
At present I am still in Beijing, tomorrow, October 24 will be invited to participate in China's first financial derivatives sector, the General Assembly, which is a relatively high standard of the General Assembly, held at the Diaoyutai State Guesthouse. By then, the National People's Congress Cheng Siwei, vice chairman of the Standing Committee of the pro-Assembly President Mr. and keynote speeches, China Banking Regulatory Commission Chairman Liu Mingkang President, China Securities Regulatory Commission Chairman Shang Fulin, President, Bank of China Deputy Governor Wu Xiaoling President, China China Insurance Regulatory Commission and the four principal leaders of the financial industry association leaders, as well as the "father of financial derivatives," Mr. Melamed and other guests will attend the meeting. This session will focus on the future direction of China's financial derivatives market, the financial derivatives market effective platform to build, and how to more effectively draw on the international financial derivative market development, lessons learned and other issues. I believe the successful convening of the General Assembly is bound to the development of China's financial derivatives have a positive and far-reaching impact.
Able to have the opportunity to participate in this conference, I believe I will have in the future understanding and grasp of stock index futures, it will also bring about extremely positive and far-reaching impact. Looking forward to tomorrow's General Assembly, but also look forward to future stock index futures market to bring war game, can be said that the volatility of the current game is just to bring a little preview of the future fills more exciting things to come it will be stock index futures related species worthy of long-term attention!
