The Bottom Line Is The Same As &Nbsp; Is The Organization Right This Time?

Near the end of the year, Shanghai and Shenzhen

Comprehensive Major

In addition, most brokerages believe that the macro-economy will bottom out in the first quarter or the two quarter of next year.

For example, a well-known broker in Shanghai said in the 2012 strategy report that GDP growth in 2012 will fall to 8%, the bottom of the current GDP growth rate or the two quarter of 2012.

Another big broker in Shanghai said in a 2012 strategy report that the lows in the first quarter of next year will be more just a recognition process after the profit differentiation.

In recent interviews with nearly 15 private equity fund managers, more than 9 of them believe that the stock market will bottom out in the first quarter of next year, and many public offering funds hold similar views.

It can be said that the voice of institutional investors on the bottom of the stock market is unprecedented.

Looking forward to the first half of 2007, the A share market is booming, and the sound of securities companies is booming. Even more, it has even thrown out the rhetoric of "ten thousand points" and "golden ten years".

After that, the trend of the stock market is just contrary to the views of institutional investors such as securities firms.

By the end of 2008, when A shares fell to the 1664 bottom, securities firms and other institutions.

Because the views of institutional investors and other institutional investors are mostly out of step with the trend of stock index, and even on the contrary, the investment strategy report of securities companies is called "reverse index" in the market.

Whenever the securities company collectively looks for a long time, experienced investors remind themselves of the risk of downfall; and when the securities companies sing collectively, some investors begin to consider whether they have reached the bottom.

However, this time is slightly different from the previous market critical moment. In the past, although most of the securities companies were wrong, but after all, the views between the institutions would not be the same as this: almost 9 or more institutional investors believe that A shares will be bottomed out in the first quarter or the two quarter of next year.

In the face of such a "bottoming out" theory of institutional investors, small investors should pay more attention, perhaps not right or wrong, but the logic behind these institutional views, whether it is worth our careful exploration.