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各种迹象表明,当前的行情仍是熊市的反弹行情,无论是基本面或是政策面,都很难出现新的牛市行情,但流动性的泛滥仍为行情的短期向上提供了充足支撑。我们的建议是,投资者应顺势而为,并坚持战略防御的主线。
There are various signs that the current market is still a bear market rally. It is hard to come up with a new bull market both in terms of fundamentals and policies. However, the liquidity panic still provides adequate support for the short-term market upward. Our advice is that investors should follow the trend and stick to the strategic defensive line.