Can We Buy It Now?

There is no doubt that the most worrying period has passed.

Congratulations, you can buy freely and wait for another wave of madness to pull up.

In the past 15 days, the most dangerous period to date since the establishment of China's stock market is not a drop in index, but a complete collapse of hope.

Because in the unprecedented volume of pactions with the crazy pull up, once there is policy disharmony, then this leveraged nature will rise to the maximum speed to a deeper level.

Luckily, in this horizontal adjustment forced by this unreasonable volume of trading, the market did not see the policy tools of management movement to suppress liquidity funds, but instead took the opportunity to encourage more issuance of new shares. This means that management is eager for the rise of the current leverage, and the central bank also has no desire to tighten up the funds. This determines that the market can still start the second round of rising on the basis of maintaining the current liquidity when the market is technically adjusted.

Many people have been looking forward to Ye Rongtian's next article, because you know that this article means not to ask you to sell directly, but to continue buying.

Because of this, I became very cautious, because this time, whether buying or selling, basically determines an attitude: once a direction has been decided, there will not be any reverse operation in the long run.

In the last article, I mentioned a view that there will be adjustments at 2800 points.

Just did not expect the market to rush to 3100 points to start adjustment, the original 2800 point adjustment to 2600 points position has been pulled up 200 points.

But this is not important. The important thing is that the market is not going all the way up but stops. This is the key to the problem.

The 2800 point is already a crazy place. 3000 has reached the limit. If 3000 does not adjust, but continue to hit 3200 points, then the market will collapse completely because of the cash flow that can not be borne by the huge volume of pactions.

As long as there are adjustments and sidebars at 2800 points, and the volume that can be stabilized at a daily average of more than 300 billion, the market will still have the desire to go upward. It is just waiting for the outcome of the economic conference and the attitude of the management.

When this direction is identified, there will be no problem. When the market completes the technical adjustment, it will be the next round of rising.

Judging from the current situation, this week's market needs some time to cross the plate to allow funds to complete the exchange and layout of positions. By the end of this week, 5 and early next week, the market will start a new craziness, directly on this year's 3100 points.

Many people have been asking me recently whether or not brokerage stocks can be bought. What are your favorites? From my point of view, I think that the current price of brokerages is far from reflecting their earnings expectations.

Not all stock institutions can have such foresight.

Taking CITIC Securities as an example, I dare say that by 2016, the price will be above 150 yuan.

Because by 2016, earnings per share are expected to be 2.5 yuan, corresponding to the theoretical stock price of 180 yuan.

In 07 years, when he created a high price of 117.89 yuan, his earnings per share were only 4.3 gross, and the average daily turnover in Shanghai stock market was only 100 billion.

So the $150 I gave was just very conservative.

The real fact is that CITIC Securities will become the world's first brokerages in this wave of all asset securitization Daniel market, upgrading to the same level of financial institutions as ICBC and ICBC.

If we calculate the market's bigger (2016 4000) target, then it will become the first high priced stock in China's stock market.

On this basis, all brokers will be encouraged to dance together.

Since December, you can find that CITIC Securities is the biggest dish among securities companies, though it is the largest.

And the increase is the strongest.

This is because the organization realizes that its business advantages, background advantages, technological advantages and profitability are second to none.

Also because he has large plates and can hold the most capital, whether it is leveraged funds or free funds, for large funds, access is very convenient, single day arbitrage is easy.

So his resilience and gains are the strongest.

When the first quarterly report comes out next year, you will find that his stock price has been above 60 yuan at that time.

A shares may still be swinging below 3500.

When the semi annual report appears next year, his stock price has reached over 100 yuan.

Don't think this is unbelievable. Any stock price rises when you look at it very slowly.

Although it is now 27 yuan.

It has more than doubled compared with the beginning of the year.

But you have to understand that strong expectations are on the right side, and weak ones are on the left side.

Many people lose their big black horse step by step because they live in memories and fear of losing.

What's up 200%? Can't you believe he will go up 2000%?

Men must take this courage.

For you, there is no need to think about the next stage.

Anything else is superfluous, because it is so huge.

Small cap stocks will be abandoned by mainstream funds, and stocks will always be rotated and you can't catch them.

And only brokerage firms, whether the market is up or down, as long as there is a huge volume of performance to maintain the performance of security, stock prices can rise.

I sincerely advise you not to be foolish to abandon such a good concept and pursue others.

From tomorrow, we will buy a broker and don't sell anything. You believe me, you will soon see the day when CITIC Securities broke through 100 yuan.

Not only that, you will also see that every rise in the market will be launched by the broker. As long as the broker does not rise, any other blue chip will not dare to move.

Since there is no support for basic support, and only rely on liquidity to support it, banks have no expectations, real estate is not in the spring, the color is still in the doldrums, and steel is still decadent. They can only play the role players but not the core.

The real core is the broker. He doesn't say anything. No one dares to be the boss.

This completely determines that the stock market can be doubled again at 3500 o'clock.