Jan 29 2011

Heavyweight up hard, tape worrying!

Published by under Honest Fund

Tape Xianyihouyang today, to close out the small Yinxian, long lower shadow shows that the market has some support near 2100. From short-term indexes, tape is still below the 10 average, hourly chart shows broader market decline is still in Zhu Bo channel, have not changed this afternoon recovery trend in the broader market fell.

U.S. stocks soared yesterday, but instead of A shares fell, suggesting today’s A shares will have no small decline. Unilateral broader market this morning is almost down, then rebound in the accident, and the second and third line stocks, especially shares of Fujian plate and futures rose a greater relationship themes. Regional economic revitalization is the recent hot market, a big hype, the existing Chongqing, Tianjin, after today, is in Fujian, it seems the market is still hot money this way, from the trend may spread to other regions, so that short-term market is still on active possible.

However, with banks and petrochemical heavyweight is still very weak, broader market appeared to be actively involved in big money take some time before the big market. The heavyweight of the trend, some like the bottom of the down relay order some as a platform to market’s future trend may become more complex. Oil and Industrial and Commercial Bank of China from two heavyweights this chart shows, in recent months seem to have triple bottom shape, but in fact more inclined to a descending triangle, this trend and the trend of Hong Kong stocks in the Hang Seng Bank is very similar, while the Hang Seng Bank has been break down, confirmed that the early form is down triangle, so we are very worried about this trend in the heavyweight oil and Industrial and Commercial Bank of China will eventually break down. Big H shares now cheaper than A shares, PetroChina and Sinopec’s H shares only half of A shares, from stock price run along the Rule of least resistance, A shares the general trend should be closer to the H shares. In addition, the heavyweight of the A shares in the tradable share capital will be far greater than the H shares, supply and demand changes in its A shares rise increased resistance. China Merchants Bank, the trend has been poor after full circulation, although the majority shareholder claims to be overweight, but price is not obvious response is too big or plate change, the need for more capital to push stock prices higher.

So, while second and third line stocks also continued to be active short-term potential, but the trend is the decision of the mainstream sector medium-term trend of the key broader market, while bank shares such as the current mainstream shares inaction, increased market concerns about the market outlook on the broader market.

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Jan 28 2011

Financial and real estate is still the focus

Published by under Honest Fund

3000 points the first time last week, when the tape will not stop us, the market is difficult to occur in 3000 near a large shock, but will continue up to 3100 points or more have callback location is possible. Today, the broader market even received four with Yang, the Shanghai index has reached 3130 points, so much energy after a rapid release of short-term profit disk with a larger accumulation of another, then the market to some extent this shock will be large probability events. As the tape still stand 5 day MA above the upward trend is still good. Today, the volume of large transactions are not to scale new day, the market has some characteristics of short-term top, but do not have the top features a large central line, so now, the market trend is still normal. As today’s shock is not large, broad market short-term risk of further shocks.

Today’s decline were mainly real estate stocks, an indication of the main driving force comes from the real estate section short. And real estate stocks fell significantly by two sets of tightening mortgage news. The news on the impact of real estate, we agree in King’s view. The real estate industry is currently in a very relaxed environment for credit and tax policies to the current sales situation and the recent price increase, further easing policy has been not possible, which means that the real estate industry from the government to shift income to relax bear trend, is that the degree of tightening, and what time to start tightening, depending on economic trends, real estate data, home prices rose, etc.
Factors, the credit, the China Banking Regulatory Commission for safety and inhibition of loan investment / speculative demand strict policy of the second suite is entirely possible. We believe that the CBRC will reaffirm the original second-hand housing loan regulations, regulating the behavior of bank lending, which to some extent inhibit the high-end commercial housing demand, but it will not change the industry reverse the trend. Meanwhile, from the market perspective, the recent rise of real estate is too large too fast plate, has shown a trend of overheating, short-term drop requirements. Out if the policy is conducive to cool the property sector, but also conducive to long-term healthy development of the industry, so if there is regulation and control policy
, The real estate section of the adjustment will be a good opportunity for bargain hunting.
As real estate has become an important driving force of economic recovery, the State Department on May 25 will be announced real estate capital ratio from 35% to 20%, in fact that the Government hopes will revive the real estate market, so we expect the Government real estate future is not too suppressed, a new round of real estate boom will continue. This is the stock market and real estate stock market is far from over.

Moreover, the financial and real estate hot spot of the mainstream market will not end. Including banking, insurance, brokerage and other financial stocks in the first half results are likely to exceed expectations, even from a technical standpoint the trend of these financial stocks are strong, and the prices did not go to the end of time.

Today the market is still mixed, steel, electric power stagflation strong blue-chip performance, shows the same characteristics of the market sector rotation, market forces are still strong to do more. The key short-term financial and real estate stocks fell shocks will also have much range.

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Jan 26 2011

Need for a shock adjustment process (Zhou comment)

Published by under Honest Fund

Exploration in the broader market this week after the U-turn down 2402 points, breaking a continuous two straight Big Yin Xian 5 and 10 day moving average, while broader market appeared more than 277 billion of the huge volume, this trend is the point the first time since 1814, basically indicates that market has reached a high point.
Tape record of 2402 points this week, the high point, starting with the 1664 round of price points, up by 44% compared with the wave of price points than in 1814, up from 32% for the individual stocks is more alone, more than double the units are very common This recovery rate has reached the extent of a wave of mid-level market, the market is flooded with so much of the profit drive of the circumstances, the adjustment will come at any time, even without the corresponding intermediate adjustment, but also a corrective adjustment in the market. The broader market this week, out of 2 in the high income with large Yinxian, 5 and 10 day moving average crossing at the top of the trend, which makes the possibility of price adjustment into getting bigger. The short term, if the tape can not be recovered on the 5th in the next week moving average, the phase adjustment will be established.
Line from the weekly and monthly trends of view, technical indicators are still running in the right direction, indicating an upward trend in the broader market has not changed midline. So far, stocks in this week’s adjustment to the possibility of home repair big adjustment. If this’re right that the market adjustment will continue to run large B wave rally.
We still have big expectations on the market grounds, is still primarily mainstream stock position is still relatively low, mainstream stock that is not significant compensatory growth, and the prices would be difficult to really over. In other words, mainstream stock valuation is not high, or less, down power shortage will only increase after the fall.
From a policy perspective, the stock market recovery capabilities to support enterprise financing to weather the financial crisis and the economic crisis will be the top priority of the securities market, but since last September has been halted issuing new shares, management estimates the timing of the gate is waiting for new shares . Obviously, the higher position than the stock market is not possible to release the new shares. From this perspective, the broader market will continue to face strong policy support.
While the broader market trend has transferred to the adjustment stage, but in the report period, but in the current financial side is very abundant, the market is expected to have maintained an active state, so that individual stock market will be rich in a number of individual stocks will be out of the independent market. It can be said, will remain the golden age of short-term operation.
From the band and sound operation of the point of view, now is the reduction of those with larger rallies when the stock rose. We should always remember that this year’s bull market is not rebounding, not blindly holding fixed.

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Jan 03 2011

Contains a good signal to Wang Guoqiang line tips

Published by under Master to read the tape

Each tape bottom, there are always a lot of signal there, is not that far, only counting from the beginning of 2007 so far, each tape bottom, with a phenomenon will occur, what phenomenon? Contains line phenomenon, the so-called line means includes two adjacent K lines, in which a complete high and low points in the other room to run root. Here we have since 2007 to be a 11-per-key low control.
February 6, 2007 was the lowest since 2007, February 6 K-line form on Feb. 5 include; March 5 is “2.27″ sharply upward after the start point, this day K line of the trading day before the formation of inclusion; more than the two low is “5.30″ down 2 times before the most important low. Then look at “5.30″ In the future, and July 6 is the start point of the second half price, the day K-line form on July 5 contains, this round of market continued to 6124 points; look at 6124 points down 2 major rally since the first was launched on November 28, followed on Nov. 29 against 30, the formation of inclusion; December 18 is another more powerful the start point, two days before also there include line. Includes a line in the market, the frequency is very low, so every time Dibu start when there are lines that contain the phenomenon should arouse our attention.

Today, the highest point above the broader market yesterday, the lowest point lower than yesterday, contains the line again, the control history, to see friends in the air Beware o’clock. Today the stock is bullish Sinochem International (600 500), Yibin Paper only oversold stocks (since January 8 down 38%) 2 days in a row on short-term oversold stocks daily limit of the formation of the demonstration effect, and since January, Sinochem International 16, has dropped 35%, with similar decreases in Yibin Paper, it should pay close attention.

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Dec 16 2010

Why support at lower and lower? Cairns

Published by under Master to read the tape

Today, users have a message, that we have bought the wrong moment to buy that 4300, while “at the 4135-4259 range is also wrong to buy buy” with a quasi-spectrum is not? Actually, it is very simple main stock index had fallen to 4300-4400 should be directly position, results of the main force pulled up 4,800 directly to you cause the illusion that the market came again, we follow up, but you have to do with wrong, because the main Then they hit on 400 points to around 4400. Market, although not entirely according to our forecasts every day to go, but that does not prevent us from projections. Because we predict that the trend of technology to tell where you fall. Index bounced down just a relay, just a short-term process, the more the result of rising fall more deeply, the truth, and climb higher on the more serious fall and is a reason. Because we expect that trend, the trend line is down, the end point support level will inevitably becoming less and less, did you not Figure in the medium-term support trend line is brown line down it? Every day I find out that in accordance with the trend line support level! The trend line with a line drawing tool we can draw out of! We say that the index, but the home should be aware that management is not looking index, but the introduction of measures in key places, so we should have had their index.

Gossip cabinet table for the application, I want to say is the application index and the stock price should be flexibility, such as strong support at 41.07, you should pay more under the 0.1-0.2 element, in order to ensure buy, I am accustomed to 41.18 yuan , Minato 8 law, but also according to the price at the time, came to pay the price support level below to buy.

Rebound in the two cities today, began to shrinkage, and that the current location of panic selling less, but less than 100 billion transactions of Shanghai Stock Exchange that the market watching mood, not to undertake efforts, there is no volume is insufficient to support the broader market continued to rebound, So I think there is no fall in the end, but not far, now in shock bottoms stage, we are talking about buying a security zone interval, we can own flexibility.

Closed today, a total of more than 130 stocks appear to buy gold to buy and tips and Zaguomaitie signal that technically, most have been seriously oversold, rebounded strongly desire, regret is Liangnengbuzu, the rebound should also pay attention Currently, two consecutive terms of a rebound are not available, sound investors should do now is not bargain hunting, but keep cash hold out, now is the time when cash is king Dip easy copying the floor.

The hands of money many of my friends feel itchy, if you insist want to buy something, then you closed-end funds than concern, because today’s closed-end funds efforts to rebound well, the fund index (see Figure 000 011) appeared in gold to buy and tips that 20 days will have a more than 10% of the increase, the probability is 95%, you can focus 184728,500005,500018,500015,500038,500058 such methods and stock to buy the same fund, we can verify the results after 20 days, to buy themselves.

The lock-friend how to do, very simple place to lie down to rest rebound to lighten up, threw buy low, sell high, the current conditions do not have a rebound, up more than the! Continue to drop for fear of friends, I think the current point and although not necessarily at the bottom, but not far from the bottom, the more crash, when the more we do not panic, greed and fear will not let you make money. Convertible currently do not frequent, frequent operation can only let you keep the high order receiving, the end bit sell, the more convertible more bad mood!

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