Citic Bank volume trading or at the bottom of the logo

The A-share market has been on a rapid adjustment since April 15, 2010, which has lasted for nearly 2 months, with a maximum adjustment of more than 20% per cent. Where is the bottom? Take history as a mirror and know the future.　　We look at the characteristics of the important bottom of the market since 2005, which is of great significance for judging the position of the current market and the future development trend. First look at the last 10 years the most important bottom-2005 998: The formation of 1783 points in April 2004, the market all the way down, although the middle of a wave of "9.14" rebound market, but in the macro-control background, the market continues to create a new low. May 2005, the market a pessimistic despair. A very popular slogan "Stay away from drugs, away from the stock market" is enough to explain the extent of the pessimism at that time, the stock market "over again" argument.　　However, it is in this desperate atmosphere, the Shanghai Composite Index on June 6, 2005 to create a 998 low, and Sinopec on the June 8 volume trading, can be considered to be declared a long-term bottom of the formal establishment of the logo. The next important low point is the 1664 point of 2008. After a magnificent round of great bull market, the eruption of the overseas financial crisis became the last blow to pierce a a-share bubble. Although September 18, 2008 management issued three big bailout policy, stimulate the second day a a-share market trading spectacular. But it was only after one months that the market went to 1664 that it formally declared stabilisation. From the market atmosphere, the stock index has come down from 6,124, investors ' confidence has vanished, and the pessimistic atmosphere is not so extreme.　　And the bottom of the establishment of the landmark event is the October 28, 2008 Pudong Bank trading, and led the blue-chip uplink. Back in the current market, is the situation similar to the two bottom? The value of the traditional blue-chip plate is getting lower, and the market rhetoric is very cautious whether public or private placement, even the pessimists blunt 1664 points is not the bottom; These pessimistic atmosphere can be regarded as building the bottom of the important features and signs, but clearly not sufficient conditions. In particular, the current market more margin and stock index futures trading, so that investors do not necessarily have to be in the rising market to profit. But the stock market has its intrinsic regularity. Yesterday's IPO passed smoothly, the market does not fall back, Citic Bank, rising, direct trading, and led the entire weight of the stock plate has risen sharply, the index quickly climbed the largest point close to 90 points, volume sharply enlarged.　　It is clear that many of the main forces have long pent-up enthusiasm has been stimulated. We believe that the rapid closure of Citic Bank on June 9, 2010 is a clear sign of the new round at the bottom. Investors, however, do not need to swarmed so impulsively. From the historical point of view, whether it is 998 points, or 1664 points, the new round of the beginning of the rally has shown a number of repeated patterns, investors have sufficient time and space to enjoy the carBe rewarded by the capital market.