Cao Zhongming: The Index Bull Market Is Of Little Significance.

On Tuesday, the Shanghai Composite Index closed at 3021 at a 2.31% gain, which is the second day of the index closing at 3000 since the current round.

In fact, since the central bank cut interest rates, the Shanghai stock index has been going through the rounds, and several integer points have been easily broken through.

But even with a breakthrough of 3000 points, the market performance is actually more "calm".

Up to now, the bull market shows obvious index type characteristics.

Behind the central bank's interest rate cut, it shows that the macro economy is not satisfactory, and it is also bad for bank stocks.

However, the banking stocks were "rising" in the spring breeze of interest rate cuts. In addition, the strong rise of insurance stocks and brokerage stocks, the power of the "three carriages" was enough to drive the stock index up, and with the help of "two barrels of oil", the Shanghai Composite Index showed a "flying general feeling", which created one myth after another.

According to the current situation, even the 4000 point seems to be all right.

As early as April this year, Guotai Junan had released a "satellite", which believed that the Shanghai composite index would have a big rebound of 400 points this year.

In the context of "bully and hegemony" for many years in the Shanghai and Shenzhen stock markets, Guotai Junan's "thunderous" Research Report has become a "laughable talk" in the market.

Although Guotai Junan sees farther and farther than other brokerages, it turns out that it has also taken a look.

Stock index rebound is not a problem of 400 points, but more than a thousand points.

The incident also indicates that the stock market is unpredictable. Even Buffett, the "stock god", has never predicted specific index points.

However, there are a lot of interest in index in the market.

For example, recently, some market participants believe that this round of market will surpass 3478 points in 2009, which means that the index will reach a high level of six years after reaching a four year high, which is undoubtedly inspiring.

In addition, it is thought that the stock index will break through 5000 points, and there are many people who break through the historical high point 6124 points.

The index can rise to what point, just like the 6124 point in 2007, no one knows.

In 2006, the Shanghai Composite Index rose 130%, while many domestic brokerages predicted the highest 30% in 2007.

After entering 2008, no one can realize that the stock index will fall back to 1664 points, while the 2009 index will rise to 3478 points.

Nature makes people.

So too.

On Tuesday, the stock market was still the protagonist, and all the 18 brokerages in the opening trading were all trading on the same day, while the integration became the second limit.

Because of its financing balance of up to 1 billion 240 million yuan on Monday, the stampede and other sell-off of the financing market can not stop until several stops.

Following the Changchun nine biochemistry, the two financial business will happen again.

Similarly, in a bull market environment, investors who hold brokerage stocks gain the joy of trading, while the integrated investors become anxious.

This is the reality of A shares, like two sides of a coin.

Like two sides of the coin, there are other different stocks.

Some stocks continued to rise heroic, some like "evil spirits" like "hesitating", and even like Kang Yuan pharmaceutical, and so on, with the help of bull market "spring breeze" stock prices continued to fall.

Overall, the growth of most stocks dragged the market back, while large cap stocks and financial stocks performed well.

The big round of 2007.

Quotations, all stocks have the opportunity to perform.

First half of the year

The subject stock is very eye-catching, and a large number of institutional investors, such as blue chip funds, are suffering from collective depression. A "midnight chicken call" has not only saved the fund and other institutional investors, but also sent a signal to the direction of the market investment.

Therefore, the bull market in 2007 can be called a bull market, because all investors share the feast of the bull market.

But relatively speaking, this round of stock market stocks and financial stocks perform better, and more stocks are difficult to show.

Therefore, rather than the bull market, the index market is more accurate, which explains why many investors will be trapped in the embarrassment of "full warehouse".