Category: Money tips Release Date: 2006-12-19
I remember a child, and kids with Zouye Lu, if anyone suddenly yelled out "ghost is coming" companions were immediately scared half to death, the more dark days, the more afraid. This is like the recent market, point and the higher the rumors more shocks are larger.
Yesterday the market dropped, I think that this is to stimulate the market in a number of false news under the normal technical adjustments to the current point and the market is very short-term technical fluctuations in normal, mainly due to higher pre-cumulative gains.
We insist on the views of the annual strategy report, 3500 is the index below the security zone. To support the bull market in all the important factors, such as institutional change (including equity-based incentives and assets of the injection), good macro-economic, low interest rates, appreciation of the renminbi and so on has not changed, and most analysts expect the growth of performance than the actual performance of listed companies still cautious, has been published annual report of the 157 double performance of the company. Although the index rose more than doubled, but a substantial increase in performance, this market and is not too expensive.
In the bear market of the time, no matter what management or the news of some of the "irrelevant" the good, the market will still all the way down, of course, as there would be short-term rebound; pattern in a bull market, the market of course, there will be adjustments, but the current round of the bull market of the is based on a series of major factors that determine the market there has been a fundamental improvement in the market for the better long-term trend is certain, short-term adjustment is unlikely to fall into deep yesterday, the market fell for the development of the market outlook is very favorable. I think that this adjustment of the adjustment should be less than the previous efforts. And then drop rapidly, prices are rising too fast is also inevitable.
Is just like a child walking in the night, when the back ran for a while, a look at ghosts do not come, will continue to walk forward. Of course, a little scared in the night is also normal, and now the market are different from a year ago, the same as clear as day, investors in a cautious is a good thing.
Investors in the current market should maintain a sober, we must adhere to a correct value investing philosophy, must not blindly follow the trend of the chase sell into, it is recommended to have the performance security, growth and good company, especially those with substantial equity injection or as a whole companies listed on the planning, you can grasp the opportunity to come down yesterday, decisive buying. (Central Investment Yan, deputy director of Securities Research Institute, Canadian sources)
