Sunday, October 31, 2010

Indicate premium overshoot still occur late

 Losses have hit a bit, I'll stop out. performance in the first quarter 1.37, alas, what morals? I often say that a successful investor,Bailey UGG boots, the most important thing is to anticipate the future, but presumably all of the agencies did not predict that in just one year, the market's valuation is so low center can move to the location of the next .
of Weichai Power, has been very concerned about the author of the machinery industry is not familiar with the industry, but the large field of vision Weichai Phoenix Phoenix this column is well-known sections, each listening to a few points prediction of Phoenix The Half the time I positions, one in the machinery industry with the Harvest Fund researcher tt beauty chat, I asked, how do you see Weichai?
researchers looked very exaggerated beauty, what? Weichai you ask? static 30 times PE, three this year, next year's six, so a good performance, how can there be so cheap the stock is now a?
ashamed, I'm not familiar with the machinery industry, you can not despise me, ah. After a short two months, Weichai Power's share price quickly rose from 70 yuan to 109 yuan a high point. concussion lingered for 2 months after the stock market with a weaker all the way down, as with many of the funds Awkwardness, the current share price has fell to 42 yuan, fallen by 60%, similar vessels were Chinese, Yunnan Copper, Shandong Aluminum Industry, the Chinese heavy truck.
and now once again asked to see the time that researchers graceful beauty The Huileyiju: Not good, huh, huh.
30 times PE, when good, are not optimistic about 7 times when, just one year, the company fundamentals have not changed, while a quarter are still growth in the year sure growth? why such a large change in valuation occur? bear out.
so I quoted the title of today's indeed is the case, when we are still in the end what people ask when looking at the empty, I answer: the market transition adjustment sell into panic, and panic rose as the original, do not be too eager to find reasons, but also not eager to find Who is bearish.
because when you ask when looking at the empty, in fact you are hesitant, do not buy, or are waiting to see.
disk to see, first brokerage,cheap UGG boots, real estate and other sharp sell into a drag broader market down quickly in the afternoon, diving competition to occur again, nonferrous metals,UGG boots, transportation, real estate, mining, petrochemical Dengjun drop top, only the real positive support central enterprises restructuring of aerospace barely received the red plate.
times have changed, see problems want to change a thought,UGG boots cheap, the first day of June, I favored the first time before the banks sell insurance are included in the ratings, because it really completely sure After the bear market, can no longer hope for any of the bull breeds, only repeated a variety of defensive holding.
a bear market, with the bear to think about thinking how to invest. because the future price is still the possibility of occurrence of large overshoot, in other words, the downward economic cycle under the share price may below its long-term fair value.
Attachment: Two weeks ago wet storage, June
battle strategy report (under)
June wet storage into battle (on)
Wang Liang: Inflation no bull

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