Category: Money tips Release Date: 2006-11-16
In the last century, 80 years, Shenzhen, saying mantra is "over and over is a manager", now on the streets of Shenzhen, is the "everywhere share the gods."
Once these riches story, since last year, and constantly played in the Shanghai and Shenzhen stock markets. Last year, the deep KLCI gains as high as 97.5%, while the U.S. Warren Buffett of Berkshire Hathaway's earnings is only 29%. Even more surprised is that this year, Shenzhen Composite Index soared 90.12 percent again, the two cities has more than doubled Qi Cheng stock gains. The media described the Shanghai and Shenzhen stock markets into the era of God over and over stocks. Many people with confidence, it seems that he is indeed a "stock god", and some even so overdrawn stocks. The phenomenon of easy money, so that speculative investors to continue to enlarge the scale, but also speed up the dumb money into the stock market. All of a sudden, it seems that everyone can make a lot of money in the stock market, while the indiscriminate killing boxing masters of new investors to make money the old shareholders of the phenomenon of loss, but also occur.
In the junk bond boom days, the fund managers because the stock selection criteria, the time had sat out in the market madness. "Collection is doomed to decay, decrepit person is bound to re-shine." Investment guru Graham dom had borrowed the words of a poet to describe the stock market turned upside down. If we say that the fund, and other mainstream institutions in the fourth quarter of last year's storms fried heavyweights led the blue chips this year, a quarter of the overall loss, and subject matter shares a comeback, it would now refuse stock frenzy, is not it also an indication of their future fall?
When the stock market wealth become a regular thing, this could be a dangerous signal. Because, when the stock market close, when all of the people's minds, everyone is likely to be wrong. In the benchmark Shanghai Composite Index above 3,700 points, the investment is still wary.
