Category: Money tips Release Date: 2006-02-17
Source: Guangzhou Bandung
Abstract: From today's disk, despite the indices of a certain amount of callbacks, but the magnitude is not enough, there is need for adjustments. At present, for investors, how to determine the nature of Quotes is still a key issue. Tape is a rebound or a reversal? Yesterday, a large number of who is buying? It implies that the ... ....
Today, tape out of the callback of the stock market. Although the process is repeated, to 601628, China Life Insurance, 601988 Bank of China, once struggling to support the market. However, the Shanghai Composite Index was down 21 points a day, down rate was 0.72 percent, Shen Chengzhi down 126 points, down rate was 1.53%.
From today's disk, despite the indices of a certain amount of callbacks, but the magnitude is not enough, there is need to adjust the broader market.
First, adjustment is expected.
Today, out of the adjustment of index market, is expected thing.
First, "two would be" big end of the big city, should be advancing to the callback. From March 6 out of the starting index rally. The market relatively large number of judgments it is: "two will be" big. That is, since) "2 would" hold, management hopes the stock market during this period of time, relatively stable, it will not a significant bearish. So that stocks in 3000 to a high of close to, the still out of some of the stock market.
On this analogy, in the "two would" after the end of the Quotes should be over. This is also part of the more cautious investors, market participants point of view.
Second, the index began to rise March 6, 2723 from the Shanghai Composite Index starting point has always been to rise to 2966 points. Has been re-approaching the pre-peak, including the Shenzhen composite index also hit a recent high. In the profit-disk heavy disk and some sort of relief under the pressure of big city, from a technical standpoint there are periodic adjustment needs.
Therefore, the adjustment is to be expected thing.
2, from the disk to see the index of the phase adjustment has yet to arrive.
This time, the nature of the adjustment at least two kinds of possibilities, both the upward trend in the periodic adjustment, or the broad market return to the downward trend.
From the disk to see that the upward trend in the phase adjustment, the index callback has not yet put in place. Because the index has conducted a callback Wednesday, when the Shanghai Composite Index fell to 2868 points, the lowest, Shen Chengzhi fell to 7897 points. We judge that this is a technical analysis of the A wave on the mentioned adjustment. Today began the adjustment should be the C wave correction. Technically, if not particularly strong Quotes, C waves at the bottom should be below the bottom of the A wave. Therefore, from the technical analysis point of view, adjustments should not end there. The Shanghai Composite Index fell to 2868 points, should be under the Shen Chengzhi should be dropped to 7897 points. In other words, two indices are still some weakness is likely.
Of course, if the judge this is the beginning of a new downtrend, then broader market decline rate may be even greater.
Third, yesterday, who is buying?
At present, for investors, how to determine the nature of Quotes is still a key issue. Rise in pre-tape is a rebound or reversal? This is a directional problem.
But here there is a very strange phenomenon, which is what yesterday's people in Yang Xian buy?
Yesterday, stocks in Wednesday sudden adjustment, out of a rather beautiful in Yang Xian, there are obviously the main hot spot - the real estate section, there is a certain degree of turnover with the Shanghai Composite Index has also released an amount of more than 80 billion. Knowing that "two will be" the end of today, knowing that "two will be" big end of the case should still produce weapons of a beautiful Yang Xian. So that part of that "two will be" big mistake for investors to end the broader market also rose.
Why is this?
Yesterday's bid should be the main act, it is not difficult to determine.
The intention there?
Is how we know: the main near the 2900 yesterday, is still bought in large numbers, indicating that they do not see an empty afternoon, on the contrary is also very optimistic about the market outlook. - Otherwise, no significant purchase. From this, the rising nature of the tape may be reversed, rather than rebound. The nature of this adjustment is only an upward trend in the callback.
Of course, this only from the main force of this phenomenon was still a lot of buying to make judgments. However, this phenomenon is completely alone, there is sure to make such judgments, is not enough. Therefore, we should no longer observe a little more, and so have more disk phenomenon that before making their final judgments.
