The game of drumming is on.

Market twists this week, many of the subject stock has become weak, but overall, the market still hit a high. Insiders believe that the market now into the drum to pass the flower stage. As the risk increases, does the market still have opportunities?　　This issue of folk wisdom to the Shenzhen short-term Master Yang Yongxin, Guangzhou Hao Fu Investment general manager Epcot and knife Investment small Li Fei knives. -Moderator: He Hui Red Square outside the intention to reduce the host: Huang Zong, you are the expert in the study of capital flow.　　The recent market circulation of funds to the version too much, easy to confuse, disrupt the small scattered investment deployment, the current situation of capital flow is what? Epcot: From our financial tracking of the Shenzhen and Shanghai cities, the inflow of funds from outside the field has been gradually reduced.　　In the field of funds, the current large capital outflow of funds, retail funds continue to flow into the main, large influx, but each innovation has the initiative to lighten the signs.　　Moderator: Nearly one months, the market is not dead, after each plunge will see new highs, Do you think it is now into the bull market, or the main force in the weaving a "wolf" story? Epcot: From a long-term point of view, at present at 1665 after the bottom of the first wave of rise, due to peak in 07 after a year of sharp fall, this wave of retaliation with the nature of the rebound, the funds more cherish this wave of rising market, so the continuity is relatively strong. From the Chinese economic background, the stock market will be in a long-term bull market, the long-term view will maintain a small return pattern.　　The current index is in the long-term upward channel, and has not exceeded the upward track.　　Moderator: Based on the above judgment, where do you think the present opportunity is? Epcot: The index is healthier from the trend, but if the index is close to 3,000, it's not cheap from a valuation point of view, and the index is on a long-term upward track, and the risk will start to increase dramatically. Overall, the current stock market to restore long-term bull characteristics, but the median line has adjusted pressure, the index up space is small.　　The opportunity is mainly in plate rotation and stock.　　Moderator: You have been saying that restructuring stocks is the theme of this year, in this context, blue chips is not just a foil to the market or to maintain the role of the market? Epcot: As the level of further uplift in valuations has narrowed, the rise in stock prices has largely come from improved profitability. Before the global economy recovers, it may take some cycles for companies to recover endogenous growth. This time we can pay more attention to the expansion of the opportunities, effective asset restructuring can quickly improve the profitability of the enterprise, more importantly, through asset replacement and injection can enable enterprises to obtain a more promising direction of the main business, so that the pace of enterprise development has been improved.　　Blue chips in the economic data improvement and market confidence in the context of recovery, the level of valuation and profitability will gradually recover, conducive to the stability of the market.　　Stay half sober stay half drunk host: knife Total, some readers say your "stage name" is quite interesting, you speak is also full of charm.　　Small Li Fei knife: Haha, don't tease me. Moderator: The recent fundamentals of the news has a lot of positive, your opinion is not alsoYou want to change it? Small Li Fei knife: Now the fundamentals are still quite a lot of good news, the top ten industrial revitalization planning has come out, the media constantly shouting economic recovery and value investment, analysts continue to issue 2,600 points of view or is an underestimate category, can continue the median value investment and so on.　　But I think, at this time, no matter how others boast of "value investment", I am a little bit firm, not good to run, when there is no time to play with that bunch of retail investors crazy, stay half sober left half drunk.　　Moderator: Right, now many people say that there is no problem in the midline, long-term look, the problem is even less. Small Li Fei knife: I tell you this time, do not believe what value investment in the long line of the cheat! As we all know, in the market to do at the bottom of the time, analysts and the media are advocating that we do short-term band, because only such a main force can easily get chips, and in the pull stage, the main force is to promote everyone to do short-term high throw low suction, the United States said: "Do short bad, Lower cost 1 Results The short-term operation of the retail investors instead of the account shareholding cost is not down, Wuhuaizai! The main force in the shipment, the need for everyone to take, so constantly buy some media and analysts vigorously "advocate" the value of long-term investment. Therefore, it is obvious that the retail at the bottom of the general is cut meat, in the rising stage are to do short-term, and in the shock race shipments, are entering to take the stage and do the long-term value of investment.　　If you look at the appearance of the index now, you may think that the index is not high, but if you carefully flip all the stocks, you will find that many stock prices are now more than 3,500 points!　　Moderator: If you want to invest, do you now invest in stocks, or house? Small Li Fei knife: At present, perhaps the Shanghai and Shenzhen A-shares is building "the head of the whole year race stage", investors should be doubly vigilant market risk. Learn to leave the field and learn to rest. To put it another way, it is now perhaps the best Buy point for real estate investment, because the value of the property is preserved, and the stock is only a rich and a hedge on paper.　　I still that sentence, should keep you this big six months profit, want to protect wish don't wait for lose money and cry Daddy shout Niang.　　St tipped event heat deserves attention Moderator: Master Yang, for a long time did not listen to you preach, the recent bulk trading market? Yang Yongxin: Still very active.　　However, is not very good to do, by the media a hype, the goods are more, a few days ago there was a stock agreed to give me, the result let people to pick up, make me very unhappy. Moderator: It seems that the supply and demand of this market still need to observe.　　What do you think of the current market? Yang Yongxin: Do not dare to see space, also dare not see too much, our current position level is not high.　　Personally believe that the market to maintain a strong potential.　　Moderator: Why? Yang Yongxin: From the market trend, the bank shares in the adjustment still maintained a more obvious characteristics of the strong, in particular, Societe Generale bank, Pudong Hair Bank and other leading, funds secretly to raise signs of obvious. As institutional investors have shifted their view of financial property, from early periods of extreme pessimism or neutrality to cautious optimism, historicallyExperience, the consensus expectations of institutional investors will not easily change once they are formed, and these two plates are the axis of the market.　　Moderator: You are always good at catching hot spots, what do you think is the most important point to focus on recently? Yang Yongxin: Can pay attention to St tipped event, the recent high-tech development continuously stimulated the market to the St tipped event concern. From the historical experience, the eligible St-class stocks in the 30-60 days to apply to the exchange of the probability of a larger grant. Can focus on the St company that has submitted the application. Of course, investors should also grasp the fundamentals and technical side of the other conditions.　　In addition, the implementation of the transfer of shares of the incident also deserves attention. "This time, don't believe what value investment in the long line of the cheat!" The main force in the shipment, the need for everyone to take, so constantly buy some media and analysts vigorously ' advocate ' the value of long-term investment. ”