Category: Money tips Release Date: 2006-09-25
Source: Donghai Securities Author: Wang Xingjun
Thursday once again rewritten the Shanghai and Shenzhen stock markets closed lower Thursday's practice, the two cities are to a large Yangxian reported income, which the Shanghai Composite is also easy to cross the previous high of 1687 points to close at 1684.19 points, the end. Volume between the two cities over the previous few trading days is also significantly larger, the strong feature is particularly evident. For the afternoon, we were still the phrase goes, midline is still optimistic.
Need to be reminded that the investors can not see the index of a new high, blindly chase the hot variety, there is no eternal hot plate, blind chase is a greater risk, pre-colored plates of investors chase the recent very painful , despite the broader market hit a new high, but some investors still chase the colored plates and 20%, or even 30% of the floating loss.
As we said yesterday, the market is still in guerrilla warfare state, short-term funding their own way try to create a dark horse of their own species, because of guerrilla warfare blossom everywhere, although there is no contribution of Sinopec, no matching colored blocks, but the broader market is still easy to hit a a new high. For the disk on the hot plate if the characteristics of the hard to find, there are two plates more obvious one is the military direction of the plate, the other plate did not share reform.
Who do not share reform species, because most stock markets including the right to expect a modest speculation nothing wrong, but the performance of the past few trading days, the market shares of reform is not to treat signs of extreme varieties, in the G Unit and the non-G The trade-off in stocks, the market has upside trend. Some varieties are not stock restructuring over the past few trading days appeared in more than 50% of the gains, there are varieties of outstanding shares of reform, even a doubling of the recent market, with this contrast, there are still a large number of G Unit in the price-earnings ratio, the Urban Net the rate of double-low state. It can be said that this phenomenon cart before the horse is very normal, they can not continue. Must be noted that, due to stock reform has been drawing to a close, and the remaining companies did not share reform, there is a large number of share reform hardship cases, these companies have difficulty in the share reform program of the ideal introduction, investors blindly chasing these are not the reformed companies have a greater risk, or generally larger circumstances, investors should not share a rational approach to change varieties.
