Olympic stock market may be Weiwen

Jintao

At present, the Olympic Games opening ceremony on the front, while the stock market but did not appear the majority of investors expect the Olympic Games Quotes. We believe that the so-called Olympic market, may ultimately simply a Bushangbuxia "Weiwen" Quotes.

In a certain period of time, stock prices in a range of fluctuation, neither up nor down the movement of the market, may be the "Weiwen" Quotes. After all, in management, the collapse could lead to instability, but also the possible consequences skyrocketing. If understanding of this point, the recent stock market in the various "strange phenomenon" is not difficult to understand:

"Weiwen," but not substantive initiatives. From the authority of the media to the general media, from top to the experts, the recent market investors hear the most is the "Weiwen," but only see articles and comments, but did not see substantive initiatives. Since we are optimistic about the Olympic Games market, no substantive positive initiatives, Weiwen to achieve the same purpose. "Weiwen" is a substantive negative. Since we are optimistic about the Olympic Games market, also negative points to Wu Fang. Conversely, if there is no negative pressure roof, jumped in the Olympic Games Quotes how to do »So, in that everyone before the Olympic Games there will be no market share issue and listing of the background, it ushered in the South to the issuance of shares. "Weiwen" has become a peripheral or A-share market rose, the external market or A-shares fall to more "independent" market. Perhaps this may be the only explanation: 2566.53 points from the rebound, the market has already gained a lot of.

Of course, in the following two circumstances, "Wei Wen," Quotes may be broken: first, "Wei Wen," not only stay in words, become a substantive action, such as the size of influx of non-lifting of the ban has been effectively checked, the major stock market The scale of the financing plan was shelved, stabilization funds, such as direct intervention. Second, the pressure on the stock market was further enlarged, such as Everbright Securities, China's construction market share of the IPO, the shares following the South to continue in the short term after the release of the next August the size of the non-lifting of the ban still failed to respond to specific measures. "Weiwen," was the first break, a break up, have a real so-called Olympic market, and the second case, due to market confidence from the hit, the market continued to slump and record low, or even to 2300 or even 2000 points The following points. Have fallen for six months, there is as high as 60 percent of the huge decline in the A-share market, investors may expect is the first outcome! But the reality is likely, and so much more than a Bushangbuxia the "peacekeeping Stable "market.

(The author is on the Häfele vein, chairman of the Investment Management Co., Ltd.)