Category: Money tips Release Date: 2006-10-30
Source: Beijing in the first place
Intraday rebound, diving last week's big investors had a great impact, especially institutional investors, there have been knock-on effect, as the Fund continued to sell into the biggest characteristic of Awkwardness. Today, Shenzhen and Shanghai continued to decline, a decrease last week, and the emergence of a rebound in intraday trading, but the volume shrinkage of that adjustment in the medium term trend is clearly an environment, a considerable number of investors chose to stay on the sidelines of the operating strategy, Hu Zhi-point integer approximation of the 2600 mark, seq closing low, a single market transactions, amounting to only 55.0 billion in the vicinity, but although the index fell, but the stocks of the stock market is endless, the two cities have more than 1000 stocks are up state, and only banks, real estate, weight and so on down, that is, even if the adjustment process in the diving, there are still opportunities for individual stocks.
Focus 1: mid-course adjustments to shocks run wide, multi-party will continue to resist.
After January's massive history of the wide shocks, January 30 that started last Tuesday the rapid diving, indicates the direction of the market has finally chosen can be considered, whether from the turnover overbought indicators, the mainstream hotspots rest, policy to suppress various aspects of analysis, the medium-term adjustment has been established, but the recent fall in the first round of mid-course adjustments are down the short side also need to fully release, for the afternoon, we believe that markets should work no more than two kinds of methods First, continued to fall, has been dropped to a point recognized by the market place, intraday rebound in any position is to reduce the time, and the second is the wide shocks, in the context of a space large fluctuations, until instability The chips in clean water. The overall market atmosphere and environment, we believe that Hu Zhi likely to adopt the second approach, namely, Hu Zhi will be a box to run, market participants in this process in all aspects of both the technical repair , chip cleaning, and even observation of policies. In this process, the formation of the increase due to the long bull market inertia, as well as the formation of the bull market investors, thinking, all will have an impact on the market, will make use of a number of important multi-point position, the timing of policy changes as well as resistance, leading to mid-course adjustments will be extremely complex. For investors, the trend has entered the adjustment of the direction of the market outlook still uncertain circumstances, continue to reduce positions, lower operating frequency may well be the best method of operation.
Focus 2: chip loose formation of a chain reaction of mainstream institutions, concerned about the hot trend of the mainstream.
Last week's big dive, the market is the biggest short power early mainstream hotspots, such as banking, real estate, weight, etc., and iron and steel, automobiles, ports and other second-line varieties are also added to the ranks of the diving. We are the real estate in China Vanke, Poly Real Estate and other leading banks in China Merchants Bank, iron and steel in Baosteel, Wuhan Iron and Steel, the weight of the ICBC, BOC and other movements can be found, a continuous decline in diving amply demonstrated in this part of the individual stocks is indeed a signs of loosening of the chip, there is a continuous outflow of funds, and this phenomenon across the board weakening in the real estate section, after the formation of a very obvious knock-on effect, leading to the bank, following Steel. But also can be found, even in the short-term decline in larger short-term technical indicators at the bottom of the time, this part of the heavyweight there has been no decent rebound, such as ICBC, China Merchants Bank and so on, not only failed to rebound, but also continued to fall, while China Vanke and other efforts to rebound is weak, it can be said that they determine the trend of the market's every move, but also the recent sharp diving index the biggest factor, that is, the index can not run out of heavyweight, indicator unit constraints, therefore, to the market analysis, we must also continue to focus the direction of the mainstream hotspots, especially in the direction marked with the role of the market heavyweights such as Sinopec, ICBC, Bank of China, China Merchants Bank, Vanke A, Baoshan Iron and Steel and so on, as long as they do not see a clear medium-term at the bottom, then the market would not have a decent rebound.
Focus 3: compensatory growth stocks continue to operate into the hype of an atmosphere up there is still room for strong stocks.
Although the generosity index fell, but there was a considerable number of individual stocks appeared better rise, the two cities close to 30 individual stocks to reach daily limit, more than 1000 stocks rose, with the formation of fresh heavyweight contrast can be seen that this phenomenon and since September 2006 of the stock market is the opposite from last year in the second half of the stock market point of view, with the ICBC, Bank of China, China Vanke, led by heavyweight Baosteel powerful lift the index, near all the way from 2000 up to 3000 points near the emergence of not only the virtual index rose, but also the formation of a serious phenomenon of 28, more than 80% of the stocks or small, or even dropped, with the super bull market missed, we believe that the recent spate of such a phenomenon is the market within the reflect the strength. Quotes of the year is also an amendment, it can be concluded, in the super bull market, even though there mid-level adjustment, but in incremental funding under the impetus of compensatory growth plates still there is a certain room for maneuver, especially those with obvious signs of the inflow of capital stocks, such as Amoi Electronics 600,057, in the index of big diving environment, big up, today firmly sealed in the daily limit, incremental funding large-scale approach, a breakthrough technology for many years a high point, not only short-term with the explosive and has been completely opened up in the long-term increase in space, you can continue to pay attention. There are other smaller gains in the last round Quotes, price is not high plate stocks in the broader market has a chance to adjust.
