Market twists and turns while walking to see the fund rallies to honor the hot stocks

□ newspaper Reporter Huang Shu-hui

inflation in January, repeated, short-term drop potential is expected to once again come to nothing, the market on Wednesday a strong rebound after two consecutive days a slight concussion received red, indicating the market still up wishes but confidence is still significantly less. The raised funds are generally long and short elements intertwined inevitable twists and turns, the future market for the rebound to be brave and to grasp, but also have to maintain a cautious attitude, pay close attention to the situation change.

short-term upside divergent For 2012, the Fund generally think, difficult trend of prices, but the stage, including the current round of rebound quotes and structural market can still participate. However, with the rise of the dragon, "a continuation of the rebound, prices can go far, the fund managers are divergent. Some people think that the short-term market could continue for some time, and the more cautious funds are worried that the rally may be coming to an end, to be alert to the risk of market adjustment. Wu Feng-tree,

Huaan core preferred fund managers believe that the market is mainly in the first half of this year, now is a good time to grasp this round of market, short-term there is still upside down the risk of the market is very small, but is subject to high inflation, monetary easing dynamics is limited, and this year the growth rate of corporate profits, it is difficult to expect a big move in the market. Haitao of the the Xingquan co-run fund managers also said that personally feel that the stock market will "walk forward", but outside the capital approach does not seem very enthusiastic. Stand point, if we look a little bit longer, say 2-3 years, may be the bottom of the region, but after 3-6 months may also fluctuate.

CAF Agricole Fund said that the current rally is expected to continue until early March. SMEs return to work after the fifteenth day before have been incidents of raw materials make up the stock market will not be immediately falsification. If the recovery in demand is less than the optimistic expectations of the market is expected that pressure will appear in the inventory in March.

But there are also the fund for liquidity concerns, the more cautious views. Long letter Fund (Confucius News) strategist, said Mao Nan, policy, having turned loose, relaxed rhythm from the policy to see still maintain adequate vigilance on inflation. Future mobility improvement than expected are less likely to recommend a gradual adjustment of structure and position.

rallies to honor the hot stocks has been some rebound sharply higher hot varieties, the Fund is considering selling. Fund managers revealed that the dazzling resources such as the current round of market shares up after I am afraid that is a spent force, the fund manager also rallies homeopathic holdings of some. The transactions announced public information from the Exchange to see a rebound in the strong rise in stock to sell seats in the body figure from time to time flashed. Research Center February 9,

De Saint gold position calculation data shows that last week, the direction of partial shares of the Funds average positions compared to the previous week were more pronounced decline in partial shares of the direction of the Funds average position compared to the previous week are higher than significantly reduced. Comparable active stock funds weighted average position of 81.39 percent, down 1.48 percent compared to the previous week; partial shares of hybrid funds weighted average position of 75.52 percent, down 1.37 percent compared to the previous week, showing that the funds appear on the prospect of a rebound is not very optimistic.

Hai Tong Securities report also pointed out that fund the overall initiative to reduce the position level, which may include two reasons: first, the-expected CPI data, the reserve down the introduction of this substantial easing constantly postponed from the original expected New Years Day to the Spring Festival, during the Spring Festival could not be implemented, the postganglionic central bank to start repurchase lowering standards is expected to decline further, in this case, the Funds outlook continue to rise in confidence or lack of, to some extent, reduce the position level continue to wait for the clear market signals; Second, the recent stock market rebound more cyclical stocks, as well as pre-callback more stocks, many of whom are entrepreneurs and small plates, part of the small-cap stocks still callback risk, the Fund just leave off the bag for security.

However, some fund managers say the economy and valuations are at the bottom of the regions financial, real estate will continue to be concerned about. For real estate stocks, the Xingquan Herun fund managers Haitao, the policy will not be worse than it is now, the real estate sector is expected to achieve excess returns.