A cap stocks the past 10 years: three quarters of "eight or ten".

<P>: Http:// News, Kam-to can only predict the future. .Market trends over the past decade showed that: July to September period more than a weak market, stock index closed higher probability of Yinxian or sideways. .Accordingly that part of the investment sector, the current market has entered a sensitive period. .</ P> <P> Shanghai Composite Index in recent years, statistics show the trend: Every year in June, the stock market stage are high, or high point, after a few months, the larger the probability of market weakness .. .</ P> <P> such as 1997,1998,1999,2000 and 2002, these five years, with the exception of 2000, the stock reached the high point of the year in June, the then steadily fell. .Which in July 2001 the largest decrease -13.42%. .July 1999, July 2002 were also down by 5.21% and 4.68%. .Even in last year's bull market, the Shanghai index is still close Yinxian in July, August remained sideways. .Fund Trader has many years in the relationship Tieliang that, in addition to the macroeconomic environment changes, there is another reason the above rules. .In the past, retail-oriented market, a number of private equity funds, large room traders usually early to mid-large and special stocks and the full-year profit target completion, and in the second half tend to be conservative. .</ P> <P> quarter, the Shanghai Composite Index chart shows that over the past decade, three quarters have received eight Yinxian, Yang Xian-only received two. .Of which the largest decline for the third quarter of 2001, to -20.43%. .The largest increase in the third quarter of 2005 was only 6.91%. .</ P> <P> CITIC Securities statistical analysis also shows that most of the third quarter of the last ten years the time period for the decline, especially in July, the average drop of 2.98%, the highest for the month drop. .</ P> <P> the ups and downs in the fourth quarter is mixed, but taken together, over the past decade decline in the fourth quarter still rose more than the average increase of 2.9%. .</ P> <P> market this year such statistics have no meaning to judge? .CITIC Securities, the stock market under the laws of the third quarter in previous years that the stock market this year may also have tied up the law, or even more likely to adjust to severe. .</ P> <P> Bohai Investment Research, said Qin Hong, an impression based on previous years, the stock market, adjusted third quarter did more in the fourth quarter is not necessarily law. .Previously dominated the retail market, the end of the year there will be a sell into the market, but now funds are market-driven, and the Fund need not be the end of dividends, so that in previous years, prices will not necessarily appear at the end of fall. .</ P>.