Tuesday, 27 December 2011

And the estimated level of scale and the rebound is limited. From the perspective of current policy

129667889747646642_372Shares basic rendering shocks fell this week, can be thought of as of early rebound a repair the old republic power leveling, capital coins change hands, of the short-term cash needs of the market. So what do the next market evolution? In my view, before and after the Chinese new year, will be the investor most strongly for easing of liquidity is expected at all times, it can be speculated that the climax of this rally will take place in agricultureBefore and after the new year. Index too large levels rebound occurs, feature more obvious shock pinghengshi. Index rose needs to one of the most important condition is the valuation based on the move. But it is clear, the current economic situation does not support enterprise performance significantly improved, so closely related to corporate earnings will continue with its low valuation basis. Many blue chip earnings haveIn single figures to maintain a longer period of time, which lasts longer, for the position of other stocks drop role is more evident. Judging from this most fundamental valuation system, if you want to index a large scale up really hard. Present market was actually in balance down temporarily in the course of finding a balance, bought at the 2,300-2,400 points of market forces gradually increasingPlus, you can carry on selling. That is, in this interval is a period of supply balance, without external interference, market turbulence here changed hands until a second factors which determine the direction. Main capital stocks (eleven-twenty fifths) unit fled to cut meat must regret having sudden boom is not likely in a move investors Gospel: hold stocks saved!Short-term decision is the important factor of liquidity in the market direction judgments. Although peripheral markets this week is very unstable, but the effect is not evident on the a-share markets. Factors play a decisive role in the a-share itself, that is, investors expected for liquidity. Recent investor liquidity judgments, mainly from the IPO rhythms as well as the management policy to fine-tune the angle Gets�� Such as the recent pace once the investors feel the IPO, when supply pressures significantly large stocks, indices tend to select down breakthrough and gives similar management in Zhejiang rural credit system difference reserve rate easing expected signal, market activity will increase. From this point is easy to see, then the rally must be built on top of easing of liquidity is expected,And the estimated level of scale and the rebound is limited. From the perspective of current policy, all aspects of preparing for safely in a Chinese new year, Zhejiang rural credit system fine-tuning of this reserve also has this implied star wars the old republic power leveling, in other words, everyone will think this tweak will bring a relaxed period, this may be expected to continue into early December. With the new year's dayAnd Chinese new year draws near, investors will gradually feel financial pressure. At that time, members may cast any doubt on easing of liquidity is expected again. When you really get to the end or Lunar, ready to work in every way. At the same time, management may truly hand trimming policy at the crucial moment. That is, before and after the Chinese new year, will be the investor liquidityEasing expected the most compelling moments.����Thus, we can speculate that this rally of rhythm, before and after its climax during the lunar new year. From bounce time rhythms, this should select the oversold rally focused on the subject plus annual report theme, combined with the subject of an annual dividend expected to find it is worth buying. I look after those in the ban in the first quarter of next year, the current break serious quality unit, we can recognizeFilter subject.

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