Category: Money tips Release Date: 2007-07-05
Source: Beijing in the first place
Although yesterday's weighted index stocks, strong blue-chip blue-chip side by side to promote a strong rebound of the index, but this bull market is a huge accumulation of profits is surging out of the tray, bargain-hunting bargain-hunting money has finally given up the resistance, the shot up today, Hu Zhi close to 4200 points, after all the way down, again below the number of averages, eventually closing above 4,000 points in the Hu Zhi, but the two packets a yin-yang combination of K-line indicates a super bull market has arrived in the mid-course adjustments, while volume is still maintained at a very active level, Shanghai stock market exceeded 2,300 billion yuan of funds continue to be optimistic that the market is still taking a bargain-hunting strategy, we believe that there is no failure as long as the bargain-hunting signs of bargain-hunting set, then the medium-term adjustment, will not end, that is, the end of this round of adjustment is the most visible symbol of the shrinking volume, but there is room for adjustment, but also need to continue to track the market, observe the market trend. Moreover, in the short run, the market will not be a straight line down, but will lower the probability of shocks to large, multi-party will continue to resist.
Focus 1: 4000 points in the fierce competition for long-short-, medium-shock correction is inevitable.
This week, the market has undergone a fundamental reversal in the back of the rise in non-consecutive, after Hu Zhi finally sharply lower Wednesday, although the day covering a downward gap, there have been strong in Thursday's rebound, but the vast profit out of chips crazy, and finally led to panic selling, we can see Friday's close above 4,000 points, although still standing, but the increase has been below the previous channel, can be said that an interim adjustment is almost around the corner. However, in the short term, the index will not be a straight line down the rise in multi-party will rely on a strong inertia to resist, in the 4000-point barrier, shock is still inevitable, that is, the way the current round of adjustment is likely to be small Yin Xiao-yang, but the focus of continued downward manner. At the same time from a volume point of view, this week, diving down, the volume of transactions is still not shrink, that is, only bargain-hunting bargain-hunting set close to failure when the end of this round of adjustment is possible, therefore, investors can focus on the amount of energy changes, as well as the point position changes.
Focus 2: underperformance stocks sell into the mainstream, defensive varieties are popular.
Intraday perspective, stocks differentiation is extremely serious, pre-consecutive upward through irrational speculation underperformance shares, subject shares, cap, lower, and so become the sell into the hardest hit, a considerable number of individual stocks appeared in three consecutive daily limit, and the selling pressure is quite heavy, a single large letters on a daily limit on this phenomenon, we believe that this is normal and inevitable step in the market return to rationality, in the absence of fundamentals completely changed, only by virtue of funds to promote the non-rational speculation, to the value of regression is inevitable. At the same time, performance good, the fund Shigekura, growth stocks a good showing excellent defensive play, and some varieties of contrarian soar, such as Xin'an shares, Wuliangye and so on, the market stands in sharp contrast to a aspect is a continuous sell into strength on the other hand is a contrarian, this is normal, but also opened the market a prelude to structural adjustment, we believe that showing signs of adjustment in the medium term the occasion of a considerable number of funds taken out of the sell into the strategy, especially in the long-term bull market, the market environment for a substantial profit chips, this is also the investors to sell into a proper operation strategy.
Focus 3: continue to adhere to long-term ownership philosophy, is a haven for blue-chip blue-chip growth.
From the world perspective, can be found in any bull market, during the adjustment process has not only rise and not fall market, and the bull market adjustment will generally be in the vicinity of 30%, after this adjustment, long-term bull market will run more healthy, At the same time in this process, investors should maintain a more rational state of mind, adhere to long-term strategy of holding high-quality stocks, and resolutely reject underperformance shares, select the value and growth companies to invest in better, adhere to the value investment philosophy, adhere to invest in the intrinsic value and good prospects for development of large blue-chip listed companies, should not be influenced by short-term market phenomenon. The blue-chip due to its low price-earnings ratio levels and future stock index futures, margin trading policy of positive stimulus is expected to be mainstream again financing concerns. The overall trend of the recent blue-chip has been a good illustration of this point. For this reason, we recommend investors continue to focus on undervalued blue-chip, this part of the stock will be adjusted in a safe haven for troubled world.
