129667786194521642_68Shares basic rendering shocks fell this week, can be thought of as of early rebound a repair, 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 this rally highlight of Chinese newYears before and after. 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 has been in single digitsMaintain 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 has gradually increased
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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. 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. A-shares itselfFactors play a decisive role, that investor liquidity forecasts. 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 systemDifference reserve rate easing expected signals, 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 reserveRate fine-tuning also has hints of this aspect, in other words, everyone will think this tweak will bring a relaxed period, this may be expected to continue into early December. As the new year's day and Chinese new year approaches, investors will come to feel the financial pressure. By then, the things you might loose expected liquidity again suspicious. When we really get to the end or lunar calendar newYear, 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 most strongly for easing of liquidity is expected at all times.
Thus, we can speculate that this rally of rhythm, before and after its climax during the lunar new year. From the perspective of time you bounce rhythm
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����I look after those in the ban in the first quarter of next year, the current break serious quality unit, we can carefully filtered out. Gold-line statement: Gold-line reproduced above, does not indicate that confirm the description for investor use only and does not constitute investment advice. InvestorsAction, at your own risk.
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