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 206 How to determine the degree of concentration
chip stocks in the stock market, as retail investors to own a successful tips, ways to find the most important way the horse is the price of stocks is relatively low, because you are a retail, is making to induce the object, while the price is low because the dealer not to tempt you, many high-priced stocks constantly pulled up, you want to, is the lure, that money is not earned, I was retail. perform the way it is best to share, etc. Many people appreciate the Internet vowed to 100 times a year, the dream of a better time in the evening as when you find a good stock, (according to my method can 用这招, or like you fail), when determined in the platform 4 months for the box, in that the container shipping goods under the box to eat, to keep the stock separated from your account.
I posted (grasping Ushimata experiences and put Dark Horse 2) in the phrase ; dog Shadow Kick. Observation of the top ten shareholders is only a first step, observed changes in the shareholders, to be sure. In the annual and mid-year report, the listed company also announced the number of shareholders, it is the Commission's requirements, according to the time order to judge whether the shareholders who varied less, fewer can be determined, making more and more concentrated collection of stuff, then what criteria to judge the dealer? This is the ratio of count I have long split, I would like to make money, but soon went abroad, even if the. ordinary circumstances, a float caps 3500-45000000 circulation 2 million shareholders around, when no village, it is indeed I also count the long-term demolition, but regardless of 2000 more, or 50 million, to prepare pulled up before, usually around 8000, because the small disk, in addition to the dealer, is that small individual investors, while the larger disk than the dealer, there are large, only to retail investors, I this is understandable, is a big reason why large, the message is more accurate, have a way with the village, while the dealer also needs to help them focus on the stock. If Nantong Machine Tool, pulled up the front is 7000, the plate was 2500 million.
in practice there are many methods to determine the concentration of chips:
1, observe the situation of the Fund Executive Unit. If Tong Junge, the execution of its shares for each quarter changes, the dealer can determine which the attitude of shares, but also know the ratio of change.
2, placement analysis. In the exchange, due to allotment of shares traded and the turnover is not exactly the same way, where you can get a lot of observation do not know, you want to know East, the key is to pay close attention, for only ten days. placement of shares traded by each transaction type is displayed, that is, each household, not brokered transactions, so long as you pay attention, Zhuang video will appear on each large placement into the analysis, the ratio of house justified rather large, while the top ten shareholders and the control of those who are on the top ten of the placement, those are dumb village account. as long as you pay attention to harvest more than pay. the country is true then I can judge. < br> 3, that the stock should not be too Zhang Yang, remember, the red horse of the information exchange, under normal circumstances, a single account to an account about 5 million shares will remain the case, the dealer always pay attention to the stock seats out, and now computer technology, this is not what may be unfair to the retail investors.
here told me that the stock is made, please note that I am not a village care, so the stock does not lecture on the rise, the price is not start, please prepare for the long term.
First Jiangsu Technology, please go according to my understanding of this approach, because the time not yet reached the drawing,
1, 2098 is 20000 is not, 2099 is 12,000 medium-term households,
2, capital 35 million yuan,
3, distribution of bonus shares is not currently,
4, the shares no strange
5, but the intraday movement of pressure plate.
II ST device is heavy,
1, sub-45 million yuan float caps, not Songpei over
2, themes are: reorganization, major shareholders Holley, performance measurement based on Junan to 0.22 yuan, to Zhaimao ST, Holley name could be changed electronically or,
3, no re-fried, performance earnings guidance does not rise, but 98 years may have to loss of profit, to do ST, there are people who know accounting knowledge, a large company to do a 300 million performance, easy, can not be a loss to ST, blame do not blame,
4, there are pressure plate movement.
5, many subjects will be honored, Shi had collected under the manure.
6 , has been a year, the account focuses on 8000, currently around 6800.
7, the price of 8-9 yuan, low.
207 chip makers lock
how to find the biggest feature of Shanghai and Shenzhen stock markets is: stock up not up, the key to making speculation is not speculation. making the most when there is speculation passion? making cheap chips to eat in the most passionate of a stomach. Therefore, retail stocks with the village if the dealer's position to judge the situation accurately, Dinglao completed a Jiancang Zhuanggu, when pulled up in his upcoming involvement, will gain a wealth of value-added fission surprise. This is how to find the key inside the chip maker has been locked.
generally have the following characteristics One can judge the initial bargaining chip makers lock Jiancang nearing completion:
First, put out a small amount can limit Changyang or sealed. Xihuo phase approach making the new shares, after a period of time to collect If the dealer with very little money can easily pull out the daily limit, it shows that making chips collection is almost complete, with a control disk capacity, be free to control the disk.
Second, K line trend own way, do not ignore the broader market and out of the independent market. Some of the stock, the market it does not rise up, big grind it does not fall. This situation usually indicates that most of the chips had fallen into the bag making: when the general trend downward, with Fuchou Zapan, making boosting put chips, fell sealed space to prevent low-cost chips to be robbed; trend up or stabilized, grab a plate of hot money, but still making time for various reasons do not want to launch a market, so there were fierce Zapan there, shut up the stock price of space, not to disrupt the short-term hot money speculation scheme. K-line form to share sideways, or a slight concussion own run along the moving average.
Third, K fluctuating trend line, while the time-trend Figure severe shock, volume withering. dealer to collect the end, in order to wash off short-term profit taking, holding the confidence of retail spend, they make plans with a small amount of chips. K line from the Japanese perspective, stock price volatility, while to the waves , while to the bottom, but the price is always red box without destroying the bottom of the top are not broken down. And that day is a time-chart is more severe shock. Commission to buy, commissions selling price gap between the very large, sometimes a difference of a few minutes, sometimes a difference some hair, giving a strange, erratic feelings. turnover is also very irregular, and sometimes a few minutes before closing, and sometimes a ten minutes before closing, time drawing a horizontal or vertical movement, the formation of rectangular volume is also withering. very light selling pressure on the upside, lower support strong, very few floating chips.
Fourth, the case of negative stock price not fall up against, or on the day despite a slight pullback, but the first infinite will receive the sun two days, the stock quickly restored to its original price. sudden bad hit, making surprise, retail chips can throw and run, and can only bear the dealer. So you can see the disk hit bad day , after the opening bell and then set the selling many more, and soon reduced selling, stock prices stabilized. picked up cheap as chips retail fear, making the second day of early stock was again pulled into place.
208 chip analysis techniques
stock price volatility is essentially determined by supply and demand, and tangible goods as this. If the shareholder is in short supply optimistic and do not want to sell shares rose, fell and vice versa.
fact, a stock certainly experienced a rise in chip dispersion - concentration - a more focused process, the corresponding run in the stock price shocks on the characteristics of the horizontal - to rise slowly - speed up. Of course, most people want to speed up the rise at the beginning of the moment to buy into, and immediately pulled up to enjoy the joy quickly. However, in practice they are often counterproductive and can not accurately grasp the best selling points, the book addresses how to identify the best point of this problem. to solve this problem is the starting point chips analysis.
chip analysis or encrypted information through the public finance statistics on the main level of control a stock, in order to determine the cost of the Unit's main positions, and quickly pulled up the market will produce.
even without specialized software support, We can use public information for chip analysis.
Hing instruments such as 0710 days, 1999 annual report revealed the number of households is 2.5 million shareholders, holding approximately 1,200 shares per capita, the share price of 9 million; shareholders of households in 2000 mid-year report reduced to 1.6 million people, per capita ownership of 2000 shares, the share price of 15 yuan; shareholders in late 2000, leaving only 4,000 households, the per capita ownership of up to 8,000 shares, the share price up to 32 yuan 3.
Again Jinzhou June 0686 Lu, 2000 mid-year report 3.2 million households shareholders, holding 1,300 shares per capita, the share price 10; 2000 annual report 2.3 million households shareholders, holding up to 2,000 shares per capita, the share price 15 yuan; to 5 June 2001 May stock rose to 20 yuan more than that.
above two cases are completed against the market trend in the trend decline in the rally's. visible through the chip analysis, we can identify the center line of the real dark horse stock.
Here we shows the distribution of chips in the market pulled parameters: the 60 million float caps as an example (float caps of different sizes can be estimated ratio), the per capita holdings 3000 - 4000 shares, indicating that the intervention by the main funds, there is hope that the center line pull production l market, the rate of increase of 50% -100%. lower than this figure is that the chips scattered, can only produce short-term rates, or with the broader market fluctuations; higher than this number may continue to rise sharply may also be wary of the high hold-up, not easily intervene.
commonly referred to as the subject matter involved in making use of a certain stock, the general accumulation up to 3-6 months order time-consuming, control disk 30% -50% level; slow phase of upward or sideways Xichou 1-3 months, the control disk level of 60% -90%; quickly pulled up are generally in about a month, and then often produce shipping market, and some high-sideways ship, while others are shipped directly to diving. common investors in the subject matter, rumors, technology and other layers of graphics hard to see the truth behind the fog, the majority of prey in the hands of a banker.
Trader course with the book idea, we can say goodbye forever locked in losses and, really enjoy the fun of the proliferation of wealth.
be noted that the relative concentration of chips is a necessary condition for the center line pulled, not a sufficient condition, in other words, the relative concentration of chips after the main force for various reasons do not rule out the possibility of giving up move up . Therefore, this method must rule book, while other analysts use to prevent drilling dead end.
209
main bargaining chip to determine the first information from the public to understand, such as statements of listed companies, from the previous one In Two Development to four times a year now, which published the number of shareholders holding the number and per capita basis is very important data, reducing the number of shareholders holding Sync Rise and per capita is the most common laws, but because of the share reform, the a large number of shares traded of shares changed, the shares are restricted shares to change the the phenomenon of increased rather than decreased the number of shares. Of course, changes in the design of shares of listed companies, such as ex-bonus shares or share capital donation, after the issuance or placement of shares traded, also cause the number of shareholders, and changes in ownership per capita, compared to different reporting The number of changes and can directly determine the price range of the main operation in the Opening or Jiancang long position or the approximate cost of Jiancang area. Another example is in addition to statements of listed companies, there will be quarterly fund statements, including a single fund Awkwardness of the situation the market value of the top ten, if we can incorporate all fund statements to be found from the fund on a stock position changes. due to the relatively large data, so you can site on the related securities, see the Fund's Data Analysis , may have been delayed for some time, and this time the share price and turnover of the case the operation is also very important and must be combined with judgments. (China Securities learning network collected)
Second, with the relevant static data, stock analysis software can be supplemented. Over the past decade, with the development of securities markets, stock analysis software are constantly updated, from the early shows that the main mode of operation, the software positions and also sprung up, but the original aim, regardless of the specific technical indicators how to change the name, but the basic system can not do without moving averages, turnover, deviation rate, strength, cost, distribution of several indicators, the most important factor in its internal or So in turn greatly increased the accuracy further. However, in today's market, pure technical analysis also eventually have its limitations, the parties foresight is always game to fight for high ground, so changes in the specific position of seats has also been a participant to know, from the early part of the broker to provide so-called information, of course, means that the dealer in front of you wearing the return can also reveal some valuable information.
210 chips and chip radar distribution (Figure)
chip distribution and chips radar
Preface: Senior Lecturer mm chips Gong Li radar toward the teacher, in 2003-12-07 in radar chips made an online classroom specifically the content of their lectures serialized. Gong Li towards the teacher's lecture recording, you can go to the [bargaining chip radar Forum Digest] [Online Class] [lecturer] in the download section.
Chen Hao, value investing
Teacher: Ten predictions
predicted a stock market listed company
fundamentals will determine the long-term stock price movements
This refers to the fundamental value of the objective information of listed companies, one of the most is clearly important to the current performance and future performance are based on expectations.
predicted value of the second
blue chip investment will enhance the market position of institutional investors that the company
smaller, the more uncertain the future, and the future of blue-chip blue-chip can be expected of a high degree than small businesses.
three
predicted China's stock market will enter the era
evaluation of institutional investors is the value of the stock of the advantages of institutional investors, which would force many small and medium investors to invest in mutual funds joined by investment institutions, and ultimately constitute the main investment bodies to the market situation.
predicted four
investment value of stocks will be a number of agencies who have
investment institutions with similar to analyze the investment value of stocks generally produced results similar to super-large cap
any single institution is difficult to predict five

pocketed the public information as the main basis for market decisions of many agencies use
source of information for many organizations with openness
willing to open their access to market information
rules require institutions to their own information about the stock market open
chip radar m good game radar
1. Radar data confirm that the stock market five predicted
radar can see through the chip out of the Fund jiacang statistics Statistics from June to September, in the quarter, the Fund New Opening stocks and stock funds, the other one is social security fund to buy stocks, mostly in equilibrium price below the stock they buy are clearly better performance and lower stock prices, and the equilibrium price and its stock price also has some distance, is worthy to be tapped, so stock.
radar can be seen through the chip, that is
predicted one: the fundamentals of listed companies will determine the long-term stock price movements, this refers to the fundamental value of the objective information of listed companies, the most important The obvious is the current performance and future performance are based on expectations.
predicted two: the value of blue chip investment will enhance the market position, investment institutions who believe that the smaller enterprises, the more uncertain the future, and the future of blue-chip blue-chip can be expected a high degree than small business. Small businesses want to make large enterprises, so as the new hope, as it is a very low probability. If large companies such as Baosteel now, or is Unicom, retreated to small businesses that large companies this possibility is very small, so that the agencies see is big business, because they believe that the performance of large enterprises are to be expected, relatively speaking, is relatively stable. So this can be seen from the chips inside the radar, any funds inside the top ten holdings, most of them are blue chips. There is a radar in the chip fund holdings statistics, then a fund may hold ten, twenty stocks, but the statistics in the fund's top ten holdings are mostly blue chips Awkwardness. This is the second prophecy.
predicted three: China's stock market will enter the era of institutional investors to evaluate the value of institutional investors in the stock advantages, which will force many small and medium investors to invest in mutual funds by investment institutions to join, and eventually constitute the main investment bodies to the market situation. This is very mature in foreign countries. In China the stock market, most investors are retail investors, from retail do the stock, with stock market development, the number of retail investors will be increasingly smaller, retail investors have become increasingly weak force, then the retail fund should give the money to do this is to leave future development of Chinese stock market way. At this point, we can see through the chips out of the radar, the radar can be to search through the chips into the QFII's what the stock may be to check into what the stock Nomura Securities, UBS may be to check into what stocks, there are funds, brokerage firms holding stock more and more, so the Chinese stock market entered a new era of institutional game.
predicted four: investment value of the stock will be jointly owned by several institutions, investment institutions who using similar methods to analyze the investment value of stocks generally produced similar results. Therefore, the radar from the chips can also be seen, a good stock, which most of the top ten shareholders of the Fund; have to do a lot of funds are stock, which is above reasons good time. the other one, super large-cap stocks is difficult for any single institution pocketed the. such as China Unicom, the flow of capital is 47 million, and now assume that the size of a fund of 20 billion, if China Unicom The price is 3 dollars, then you need to position more than 140 million needed to fund size 7 position, do not buy any stocks, just buy Unicom. Therefore, the super-large-cap stocks is difficult pocketed any single institution, there are investment more than the value of fund shares must be held jointly. This is the radar in the chip can also be seen, and some good common shares are held by funds and brokerage firms, or a lot of Opening a common stock fund.
predicted Five: public information as the main basis for marketing decisions. because in the past and now PLAY PLAY is not the same, before the Fund less time, making sure to raise the funds to do some small-cap stocks, while quietly in the approach did not want people know, and the published results of listed companies are often true or alternately, when the stock price down to suppress loss of the published results, the stock pulled up after he announced good results, which are making fool of the retail approach. as much money when the stock market So the dealer and listed companies together, to carry out some false news. Now is not the same, many joined the regular funds, they make decisions based on information from the openness, are justified. many sources of information used by agencies with openness. In addition, many organizations are willing to open their access to market information. For example, funds to the operation of car plates, steel plates, then how they work? Take the present value of the investment terms, it is not made to individual investors, and it certainly First, the Fund proposed by the public. The stock market was shot down from a high level, so that most individual investors have to admit that if no investment or speculation that the value of the stock, then have to lose money. So which stocks have investment value? Fund to tell you, cars, ah, ah steel! Why? because these stocks they have already entered the picture. They must let the majority of the stock to buy retail to agree, otherwise they auto, steel stocks do go up with no one, it is very difficult, because they also want to make money. so they would through a public information through their ideas instilled in you so that you eventually go along with their stock, which in China's stock market has been more obvious. Another point, Some of the provisions of the Commission to require these funds must publish their quarterly time positions, and requires the listed companies are required mid-year report, annual report, released their top ten shareholders and other data. The public information is very important to make investment decisions basis.
2. radars order to obtain public information on comparative advantage
3. For the main force in which, depending on chip distribution; For the main force who see the radar chips.
the use of radar chips
one of the two ideas, from chips to radar
1, 80-100 chips from ASR10 to the stock in the intensive picking;
2, the radar to see through the top ten shareholders, there are no institutions (brokerage , fund);
3, if the time to see institutions into the estimated cost position;
4, there is no money to see the current main shipping space and time (the cost over the infinite line of whether there are around 30% increase);
5, to determine the timing and conditions involved;
Case: 000898 Anshan new bar
(1) 10 月 21 日 ASR10 value of 80.3
(2) average cost of long order, profit disk 78% turnover rate 0.84%
(3) closing price of 4.24 yuan, 5.41 yuan basic equilibrium pricing (4) See the top ten chip radar 000,898 shareholders semi-annual report found that 3 to 10 major shareholders are fund and in reducing the number of shareholders, that chips in focus.
Figure II:
(5) Professional Edition and then the radar Opening 5,798.56 million shares, holdings of 70.5%, the fund accounted for 752 million shares float caps the number of 18.6%.
Figure III:
(6) from the K line map, the Fund dated July m9 The average estimated cost of the purchase positions of 4.14 yuan, 4.24 yuan a share price is now just out of the average cost of 5,000 million fund holdings was not enough profit margin. This unit is balanced by the basic price of the have investment value, and investing space, there are investment incentives.
Figure Four:
time to buy a stock at an average cost price is 4.14 yuan on the firm can buy, the other is the highest break After a firm purchase price of 4.51 yuan. Most of our club is to take the second approach Wangyuan buy. Now there are 10% more profit, there is room for growth in this stock.
Figure V:
Second, from the radar to the chips
1, after the quarterly reports from the radar in the view of stock brokers and fund jiacang;
2, the radar to see through the top ten shareholders in the institutions (brokers, fund) ranking position;
3, look at the current cost of capital and there is no main shipping space and time;
4, to see whether the density and whether the formation of chips break;
5, to determine the time and conditions involved.
Case: 000866 Yangzi Petrochemical, in early October, the Fund completed the third quarter, and statements by chip radar Professional Also in the original position on a 392.6 percent increase, the announcement date price was 9.48 yuan, a market value of 468,398,800 yuan.
Figure Six:
and check the radar Professional Edition chip 6 family of 10 funds within three months of the quarter, holdings of 5,302.67 million shares.
Figure VII:
look at the top ten shareholders of Sinopec Yangzi Petrochemical 000 866, and both are funds to reduce the number of shareholders, chips in concentration.
Figure Eight:
look at 000,866 K-YPC chart, calculate the Fund shares in the quarter increased cost position, timing of the decision to intervene.
Figure IX:
ASR10 value of 91, profit plate 92.97%, 1.06% of turnover, 90 to 3, the basic equilibrium price 7.01 yuan. meet the balance of pricing, No upward divergence, the main funding has not profitability. price intervention or intervention can be a callback. Department of Wangyuan our club is involved in about October 23, out 20% profit.
Figure X:
211 How to determine the degree of concentration
chip stocks in the stock market, as retail investors to own a successful tips, ways to find the most important way the horse is the price of stocks is relatively low, because you are a retail, is the banker to lure of the object, while the price is low because the dealer not to lure you, constantly pulled in many high-priced stocks, you want to, is the lure, that money is not earned, I was retail. the way it is best to perform such shares Many people appreciate the Internet vowed to 100 times a year, the dream of a better time in the evening to make, when you find good stocks (according to my method can 用这招, or like you fail), when determined in the platform 4 months for the box, in that the container shipping goods under the box to eat, to keep the stock separated from your account.
I posted (grasping Ushimata experiences and put Dark Horse 2) in the spoken chronological order to judge whether the shareholders who varied less, fewer can be determined, making more and more concentrated collection of stuff, then what criteria to judge the dealer? This is my calculation of the ratio of long-standing split, I would like to make money, but soon went abroad, even if the. ordinary circumstances, a float caps 3500-45000000 circulation 2 million shareholders around, when no village, it is indeed I also count the long-term demolition, but no matter more than 2,000, or 50 million, to prepare pulled up before, usually around 8000, because the small disk, in addition to the dealer, is that small individual investors, while the larger disk than the dealer, there are large, only to retail investors, I was so understood, is a big reason why large, the message is more accurate, have a way with the village, while the dealer also needs to help them focus on the stock. If Nantong Machine Tool, pulled up the front is 7000, the plate was 25 million.
in practice there are many methods to determine the concentration of chips:
1, observe the Fund Executive Unit situation. such as Tong Junge, the execution of its shares for each quarter, changes can be judged against the dealer This unit is the attitude, but also know the ratio of change.
2, placement analysis. In the exchange, due to allotment of shares traded and the turnover is not exactly the same way, where you can get a lot of observation do not know you want to know of the East, the key is to pay close attention, for only ten days. placement transaction is displayed by each transaction type, that is, each household, not brokered transactions, so long as you pay attention, Zhuang video will appear on each placement into the analysis of large, house justified rather large proportion, while the top ten shareholders and the control of those who are on the top ten of the placement, those are dumb village account. as long as you pay attention to harvest more than pay. the country is true then I can judge .
3, found that the stock should not be too Zhang Yang, remember, the red horse of the information exchange, under normal circumstances, a single account to an account about 5 million shares will remain the case, the dealer always pay attention to the stock and out of seats , the current computer technology, this is not what may be unfair to the retail investors.
here told me that the stock is made, please note that I am not a village care, so the stock does not lecture on the rise, and its price is not starting, please prepare for the long term.
First Jiangsu Technology, please go according to my understanding of this approach, because the time not yet reached the drawing,
1, 2098 is 20000 is not, the mid 2099 is 12,000,
2, capital 35 million yuan,
3, distribution of bonus shares is not currently,
4, the shares no strange
5, but the intraday movement of pressure plate.
Second, ST heavy instrument,
1, sub-45 million yuan float caps, not Songpei over
2, themes are: reorganization, major shareholders Holley, performance measurement based on Junan to 0.22 yuan, you can Uncap ST, can be electronic or renamed Holley,
3, no re-fried, performance earnings guidance does not rise, but 98 years may have to loss of profit, to do ST, there are people who know accounting knowledge, a large company to do a 300 million element performance, easy, can not be a loss to ST, blame do not blame,
4, there are pressure plate movement.
5, many subjects will be honored, Shi had collected under the manure.
6, has been a year, the account focuses on 8000, currently around 6800.
7, the price of 8-9 yuan, low.
212 chip analysis of the cost of essentials
chip analysis. is fixed based on float caps. Whether this distribution of flow of chips in the tray. total must equal the total amount of float caps.
what can be said that there is no such indicators can be distributed as a bargaining chip in all the main acts was so clearly expressed ! operation in the use of value mainly in the following areas.
1. can effectively identify the main Jiancang and distribution of the whole process. like put the same movie every move to the main show in front of everyone.
2. can effectively determine the nature of the stock market and market trends. in the chips do not understand the distribution of a stock before the main say how how. What was the main force in the whipsaw. What in the accumulation of. are very unfounded. < br> 3. to provide effective support and resistance.
general. chips in distribution is looking for long-term bull stock of the weapon. on the short-term visitors may not be much help. But the use of chips will be distributed in the stock market technical analysis of a new world opened up!
end of each month between the two cities have to turn over the stock chip chart. in order to detect a focus on the bottom of the stock chip. This stock is not every day some. Some take a few months. one year. years. Once increase would be amazing!
first to emphasize: chip analysis theory is the fundamental basis of morphological analysis, only bargaining chip in a thorough grasp of the theory, it may be accurate morphological analysis . all aside chip analysis, a simple form of talk, especially the number of combinations of root words k lines are not reliable. for making analysis, theory should grasp the essence of chips, because Zuozhuang, are carefully chips analysis, according to its operation. examples to list goes out. We often hear the phrase also used the word, now I feel with structure to predict future trends. chips based on natural law theory, is the chip flow characteristics. chips flow characteristics, but also the content of psychology. short, it is sold within a unit time holding time and profit and loss ratio and proportion relationship. This is a two-variable function. because I did not know the true number of sold daily (due to ...