Vice Premier Zhang

[cstore8ml]

market panic

market panic



one

.

disk review
today, the market opened slightly lower, continuing weakness in intraday volatility, before closing up again diving, the lowest dropping

2358

points by the close, the index fell

26

points to close at

2365

points to close a negative cross-Star in the index further away from the main short-term moving average,

KDJ

continue Sicha,

MACD

continue down the U-turn, the continuing weakness of technical, from the volume point of view, the two cities deal

1000

billion, the amount to basic and unchanged from yesterday, from a plate of view, today there

2

industries sector and coal mining and the oil industry is rising, all the rest of the industry sector fell forward are: materials, aerospace, chemical, plastic products, chemicals, today there

4

only IPO, after the reorganization

ST

Zhejiang Media
turned white rose

68%

, shares rose dragon Pipe

6.25%

,




N


Feng Lin





down

5.5%

, reported

13.23

Yuan,





N


Shui






down

8.93%

, reported

27.32

Yuan,




N


third base





was up

0.33%

, and increased risk of new shares, today, there is no daily limit of non-

ST

stocks, stocks have hit bottom

40

only the broader market fell again, Jiucheng stocks fell, began to permeate the market panic. .
two. Main news

1.

Federal Reserve



Chairman Ben Bernanke



Wednesday



suggest that if a serious deterioration in the U.S. economy, growth is still weak, will be ready to take further extraordinary measures.

2.

CPC Central Committee, Vice Premier Zhang

28

day during a visit to




2011


years




China International ICT exhibition stressed the need to further implement the scientific concept of development, correctly grasp the trend of information technology development, innovation and institutional mechanisms to strengthen the independent innovation, accelerate triple play.

3.

Recently, former chairman of China Securities Regulatory Commission Zhou Zhengqing in Chengdu, said the stock market short-term adjustment is understandable, but the recent domestic stock market downturn, the long-term opinions on this one dropped into the quilt of the situation, the relevant decision-making should be highly valued.

4.

China overtook Japan as the world's first

2

largest economy, India followed.

9

month

20

, India

GDP

,




2011


years




, Japan may be exceeded again, the position will allow the world's third-yin in India.
three. Market point of view
markets around under the influence of the stock market crash, began opening down in the afternoon again, diving, although energy stocks in the petroleum, petrochemical and coal stocks trying to support the market, but the small board and GEM stocks are substantially down, leading to market to new lows, nearly

40

stocks in the limit state, the market began to panic sell into the market fell to reproduce non-rational, a bit

93

years old to join the investors in China's stock market

18

year loss

120

After angrily leave
Wan, bid farewell to the Chinese stock market, reflecting the lack of effect of the market to make money and the disappointment of investors, this two-day stock market drop is mainly due the continuous distribution of market panic caused by psychological at the same time, hold out before the holiday some choose to bring pressure to sell the holidays, we often say that the market bottomed out in panic, the current market range

2010

-year low

2319

point only one step away from the current market situation to determine,

2319

point estimate is difficult to bottom,

2200

points more likely, the so-called locked in, is estimated to be below this point and the bottom before it can consider the real time point of view, is estimated to be

11

mid to late in the market without significant changes in the policy side, we recommend the state continue to remain cautious and continue to wait and see, do not rush to sell.