Wei side of the wind appointment notice

 Mr Wei side of the wind, said stock funds and incremental funding, and now we look back up at 2319 points When many people think it is the beginning stock for the funds, since stock funds tend to be self-help, often bargain hunting, make a rebound, but slowly slowly we found seems to be incremental funding, a lot of stocks have doubled, and even some doubling itself, but by 2700 after the market has changed again, notably with the original wave of money into a different market, and then generates a current inflation, second Five-Year Plan led to the rise in prices. how do you side wind Wei look at this issue, that seems to incremental funding is more critical, while stock market funds are often needed to continue, is required for self rebound But why do you put in a relatively incremental funding is not very important position to study it then?
side wind Wei: First round of market we see relatively high, when you start to see higher But in our process, we look at the high of a node is very concerned about the monetary policy, which a large blue-chip market is starting, so we had expected monetary policy may be the turning point after the Spring Festival next year, so it simply say We think that first goal was 3000, and the second goal may be 3500-4000, but we want to see ahead of monetary policy turning point came, so we attach great importance to increase interest rates this time,.
Moderator : Do you think the next is to tighten or relax it
side wind Wei: I think it is tightened, the original second half of next year's first quarter, we believe that the management of inflation and appreciation of the renminbi between hot money before, we knew he had a tolerance, the tolerance at least we think that in 2-3 months is the ability to tolerate, so right now, one, this time to raise interest rates meaning behind the two layers, namely the influx of hot money tolerance is reduced, or may be the influx of too fast, too much, that we do not have specific data, the second is the CPI may be related to the livelihood of some of the data, indeed to a farm in the collected time. So we To draw several conclusions, one, our market is not like India and Brazil that the country open market, we were still the mainstream funding is mainly snakes, so the money or keep things under control, so alien after all, not money all open, you can through various means of influx into this market to, so when we started to contract management, when the central bank, must be received live, so in these two aspects of gambling and game, we bet that management will ultimately have to accept this, so now he has started closing, we believe that high prices will be lower than expected, and if seen before 4000, we now see to 3500. If we look at the original 3500, it is now up to 3200, so the height of the index is not high we see, in this process, if the market is 3-4 trillion in stock funds,UGG boots cheap, then market to remain below or in the 3-4 trillion-based, 20 trillion this year is the circulation, about 4 trillion in stock funds, then I think that 20-30% of the stock to maintain a good industrial policy rise, which can be maintained, so I think the index at this stage can still maintain a hot situation, but we found is that monetary policy has started to move, this is the first time in 2-3 months, may be see the second and third.
Moderator: But from the current understanding of the market seems to be just the opposite point of view, monetary policy, you are moving, we may think the economy is likely to improve, inflation expectations may be further , for example, there was news today that October CPI will continue to record high, and we are now the proportion of food is too high, too low proportion of living, if you adjust the future, then inflation may be even worse. In addition there is a problem : Now there is no way to grasp the form of international, such as the U.S. dollar, commodities,Discount UGG boots, agricultural products, now the relationship between supply and demand,cheap UGG boots, if the inflation news of another round of stimulus over, do you think prices will exceed expectations, because we Inflation had also considered the second half should go down, and the results are not brought under control.
side wind Wei: There are several things we put our entire investment in the idea of logic and tell you.
1, The metal is now close to a high of 6,000 points, that is, a high of 06-07 years, how to judge it, although we can not say that this high level is absolutely high, but everyone in the supply and demand was booming, when the most popular funds, but also is in that position. For example, copper, and now the demand was not met at the half,UGG shoes, or even third, but now the money has to do the kind of speculation at the time, so we think that when it reaches the historical high point, even if it attacked in the past, in any case see it back down is an inevitable emotional.
2, U.S. dollars, held in early November in a crucial meeting of the United States, so all the nodes are placed at this meeting on, more and more time is drawing near, but we feel that the dollar is going to fall, this time we are holding a cautious attitude.
3, increased in the course of the current market, we believe that interest rates will Start contraction of liquidity, since the increase in the market but we forgot, but that the rate hike is that the economy is good, our judgments are on the original, just as the market's rise, many people may be deceived by trends.