皮海洲:股市进入“1时代”是没有悬念的事情。

上一篇 / 下一篇  2012-11-29 15:56:50 / 精华(3) / 置顶(1)


早在9月22日本人就发文表示《股市迎来“1时代”将是大概率事件》。虽然由于股市维稳的原因,“1时代”到来的脚步有所延缓,但股市终于还是在11月27日正式进入“1时代”。当天上证指数26.29点,收盘1191.17点,创45个月以来的新低。28日上证指数再创1968.21点新低。

    股市进入“1时代”是没有悬念的事情。虽然在分析股市进入“1时代”的原因时,业界人士常常会提及中外经济因素,而且国内经济增速放缓也确实是影响股市不振的重要原因之一,但股市进入“1时代”更主要的还是股市自身的原因。

    一方面是股市的长期失血。最近几年股市始终低迷,但股市扩容的脚步始终没有停止,股指因此逐步走低。在这种大趋势下,股市跌穿2000点只是早晚的事情。虽然最近一段时间,IPO的脚步明显放缓,最近一个月甚至进入实质性的新股停发状态。但股市失血的现象并没有扭转,证监会对于再融资的审核依旧在进行。如27日国金证券公告称,26日收到证监会通知,核准公司非公开发行不超过3亿股新股。资料显示,在剔除未通过和停止实施的增发预案后,目前仍有311家上市公司提出了增发预案,预计募资高达5243.80亿元。

    不仅如此,大小非套现还在继续。尽管11月以来,大盘成交量逐步萎缩。但大小非和高管仍然减持不断。截至11月26日,共计112家公司遭到减持,合计减持数量2.41亿股,减持市值约24亿元。而12月A股将迎来年内最大一波解禁潮,大小非解禁数量为337.66亿股,市值高达2294.65亿元,较11月1112.87亿元的解禁市值增长一倍有余。

    就在这种背景下,新三板规则将在明年1月1日正式实施。据了解新三板规则将允许个人投资者参与新三板市场,这又将对A股市场资金形成分流。

    而在股市不断失血的同时,投资者信心越发不振。中登公司公布的数据显示,A股参与交易账户数占比自2008年以来,已首次降至4%以下,仅剩646.46万户,创出2008年初以来的低点。同时有7成股民因为亏损而被迫做“僵尸”。一度成为股市名人的“韭菜姑娘”也弃股从商,称摆摊比炒股赚钱。股市失去了投资者的参与,也就只能步步走低,并终于迎来“1时代”。

    因此,“1时代”的到来是扭曲的股市制度造成的。尽管股市几度从“1时代”奋起,但最终终点又回到起点。这种起伏的过程,一次次地损害的都是投资者利益,是投资者对中国股市的信心。所以,在股市再次进入“1时代”的时候,也即在股市再次被推倒的时候,投资者更盼望着中国股市的制度能够推倒重来。如果还是维持目前的股市制度不变,还是让股市停留在一个为融资者服务的市场里,还是将股市定位于圈钱市,那么,股市是不可能给投资者带来希望的。即便股市有上涨行情的出现,但股市最终重回起点将是不可改变的宿命。

站内搜索:

TAG: 股市 皮海洲 收盘 影响

引用 删除 dgs2u6cc   /   2018-04-21 04:04:20
The next time you?re in a crowd, take the opportunity to sto <a href="http://www.authenticbrownsshoponline.com/">Kids Browns Jerseys</a> p and listen.The violent demonstration  <a href="http://www.authenticbrownsshoponline.com/larry-ogunjobi-browns-jersey/">Larry Ogunjobi Browns Jersey</a> underscores the challenges facing Myanmar leader Aung San Suu Kyi in a country where dozens of ethnic groups have been clamouring for autonomy since inde <a href="http://www.authenticbrownsshoponline.com/nate-orchard-browns-jersey/">Nate Orchard Jersey</a> pendence from Britain in 1947. You may not need
引用 删除 mynamikw9x   /   2018-04-20 22:43:13
Approximately 8:30am yest <a href="http://www.theworldbaseballclassic.com/">World Baseball Classic Jerseys 2017</a> erday morning,World Baseball Classic Jerseys 2017, Travis <a href="http://www.cheapjerseyswholesalechina.us.com/">Cheap Nike NFL Jerseys</a>  Evans who is serving time at the Camp street prison was allegedly attacked by fellow inmate Colin Alleyne and another unidentified prisoner.The attack is the latest in a series of such inc <a href="http://www.cheapnfljerseysall.com/">Cheap Stitched Jerseys</a> idents in the prison as priso
引用 删除 mynamikw9x   /   2018-04-20 14:18:34
Most of the children right now  <a href="http://www.footballredskinsonline.com/women-samaje-perine-jersey/">Samaje Perine Authentic Jersey</a> are being <a href="http://www.footballredskinsonline.com/women-jordan-reed-jersey/">Jordan Reed Jersey</a>  sent to any sport by their parents for them to have experience on what makes them to be a better athlete someday.His last conquest was in Berlin,Samaje Perine Authentic Jersey, 2014 when he set a WR of2 <a href="http://www.footballredskinsonline.com/women-ryan-anderson-jersey/">Ryan Anderson Authentic Jersey</a> :02. A professional network should provide a platform mea
引用 删除 shekplos7p   /   2018-04-20 11:42:31
1314.The Nigerian team qualified automatically for the world cup without k <a href="http://www.cheapdiscountjerseysshop.com/">Wholesale Jerseys From China</a> icking the ball after South S <a href="http://www.cheapdiscountjerseysshop.com/">Cheap China Jerseys</a> udan withdrew from the African qualifiers.S. Do shop jumping for additional possibilities or possibly a great deal of investigation that you simply should really obtain the ideal design that is ba <a href="http://www.cheapdiscountjerseysshop.com/">Cheap NFL Jerseys</a> s
引用 删除 shekplos9t   /   2018-04-19 23:54:03
uk that brings to you <a href="http://www.cheapnfljerseysdiscount.us.com/">Cheap Nike NFL Jerseys Online</a>  the latest fashion drifts from the celebrity world. Gradually alter follow  <a href="http://www.cheapnfljerseysdiscount.us.com/">Wholesale Jerseys From China</a> the instructions and also advice of one's doctor inside a right way. It will all become clear as you read this narrat <a href="http://www.cheapnfljerseysdiscount.us.com/">Cheap NFL Jerseys</a> ive on how we do Cheap Nike NFL Jerseys Online it at our company, Integrity First Mort
引用 删除 mynamikw9x   /   2018-04-19 21:20:44
com. And it also helps them determine the value of their own collection so that  <a href="http://www.nflbearsfansclub.com/Black-Friday-Mitchell-Trubisky-Jersey/">Black Mitchell Trubisky Jersey</a> they don't inadvertently get rid of something <a href="http://www.nflbearsfansclub.com/Black-Friday-Tarik-Cohen-Jersey/">Tarik Cohen Jersey</a>  that may turn out to be a rare find and worth far more than the price they originally paid. 29 (Xinhua)Former twotime world marathonchampion Abel Kirui of Kenya has dismisse <a href="http://www.nflbearsfansclub.com/Black-Friday-Dick-Butkus-Jersey/">Dick Butkus Jersey</a> d
引用 删除 mynamikw9x   /   2018-04-19 08:13:56
– decisions made by CabinetA critical forensic audit report of <a href="http://www.cheapchinawholesalejerseys.us.com/">Cheap Adidas NHL Jerseys</a>  the N <a href="http://www.authenticjerseyssaleshop.com/Cheap-Anaheim-Ducks-Hoodie-Jersey-Authentic/">Cheap Anaheim Ducks Hoodies</a> ational Insurance Scheme (NIS) is out and it speaks of major investment decisions being made by the Cabinet, and not by the supposedly independent Board of Directors.Form <a href="http://www.theworldsoccersshop.com/Belgium-Jordan-Lukaku-Jersey.html">http://www.theworldsoccersshop.com/Belgium-Jordan-Lukaku-Jersey.html</a> er NIS Chairman Dr. Roger Luncheon“Some of the decisions,Cheap
引用 删除 mynamikw9x   /   2018-04-19 01:25:00
You can talk about your schedule,Authen <a href="http://www.nflcowboysfansclub.com/Black-Friday-Ryan-Switzer-Jersey/">Authentic Ryan Switzer Jersey</a> tic Ryan Switzer Jersey, lifestyle, budget and other f <a href="http://www.nflcowboysfansclub.com/Black-Friday-Emmitt-Smith-Jersey/">Womens Emmitt Smith Jersey</a> unctions with escorts.Football fans from around the world are now getting crazy in watching football either on TV or at the stadium. A great deal of partners commonly just hire wedding ceremony planners an <a href="http://www.nflcowboysfansclub.com/Black-Friday-Deion-Sanders-Jersey/">Womens Deion Sanders Jersey</a> d
引用 删除 mynamikw9x   /   2018-04-18 11:55:25
Physical condition refers to how f <a href="http://www.authentichornetsofficial.com/">Charlotte Hornets Adidas Jersey</a> it a fisherman is. Planning a marriage is very stressful task, but b <a href="http://www.authentichornetsofficial.com/Marvin-Williams-Jersey/">Marvin Williams Hornets Jersey</a> efore walking down the path,Charlotte Hornets Adidas Jersey, you ought to have a fun night out with your best friends and family members so everybody can celebrate your upcoming weddi <a href="http://www.authentichornetsofficial.com/Alonzo-Mourning-Jersey/">Alonzo Mourning Hornets Jersey</a> ng. It also inc
引用 删除 mynamikw9x   /   2018-04-18 05:26:29
You can get  <a href="http://www.baseballastrosshop.com/Carlos-Beltran-astros-jersey/">Authentic Carlos Beltran Jersey</a> use of such sites whenever with ease and luxury. Barenigh <a href="http://www.baseballastrosshop.com/Carlos-Lee-astros-jersey/">Authentic Carlos Lee Jersey</a> ts.,Authentic Carlos Beltran Jersey, a professor of medicine at the University of Alabama.76,Authentic Carlos Lee Jersey, according to Forbes, up from $391.The trap <a href="http://www.baseballastrosshop.com/George-Springer-astros-jersey/">George Springer Jersey</a> ped water causes bacteria in the ear canal to multiply and leads to
引用 删除 mynamikw9x   /   2018-04-17 23:41:52
20, Zhu finished again as the top scorer with a total of 179 points, <a href="http://www.diamondbacksprostore.com/Yasmany-Tomas-diamondbacks-jersey/">Yasmany Tomas Jersey</a>  including a tournamenthigh 33 in the semifinals against the Netherlands. Since <a href="http://www.diamondbacksprostore.com/Shelby-Miller-diamondbacks-jersey/">Shelby Miller Diamondbacks Jersey</a>  then, Yao has been the controling share holder of the Shanghai Sharks which finished third in the regular season this year.The demonstrators gathered l <a href="http://www.diamondbacksprostore.com/Luis-Gonzalez-diamondbacks-jersey/">Luis Gonzalez Jersey</a> a
引用 删除 dgs2u6cc   /   2018-04-17 19:28:42
Because several couples are turning out to be aware with the l <a href="http://www.nfl49ersfansclub.com/Black-Friday-Joe-Williams-Jersey/">Joe Williams Jersey</a> arge expenses of preparing a wedding, the majority of them n <a href="http://www.nfl49ersfansclub.com/Black-Friday-Jerry-Rice-Jersey/">Womens Jerry Rice Jersey</a> ow choose wedding cakes to be just very simple one or twotiered creations that might suit their budgets with out sacrificing the elegance. In a football stadium, when the seats  <a href="http://www.nfl49ersfansclub.com/Black-Friday-Steve-Young-Jersey/">Womens Steve Young Jersey</a> a
引用 删除 mynamikw9x   /   2018-04-17 18:48:44
Many leaders step into the role <a href="http://www.footballfalconsauthentic.com/women-takkarist-mckinley-jersey/">Takkarist McKinley Jersey</a>  with the belief that because <a href="http://www.footballfalconsauthentic.com/women-tevin-coleman-jersey/">Tevin Coleman Authentic Jersey</a>  things ?have always? been done a certain way, that is the way they should be done. I'm expecting during the talks unfortunately spoilers. You can transfer these roms and can save money in the expens <a href="http://www.footballfalconsauthentic.com/women-keanu-neal-jersey/">Falcons Keanu Neal Jersey</a> ive games.Observers believe that the size
引用 删除 shekplos9t   /   2018-04-17 10:28:11
The public s perc <a href="http://www.cheapwholesalenflfootballjerseys.com/">Wholesale Jerseys Online</a> eption of what sports betting has undergone a drastic change ov <a href="http://www.cheapwholesalenflfootballjerseys.com/">Cheap Jerseys Wholesale China</a> er the years.See the resource box at the bottom for more information. Wholesale Jerseys Online Get a feeling either way if it is right or not <a href="http://www.cheapwholesalenflfootballjerseys.com/">Cheap Jerseys Wholesale</a> .CatalystMLM is a ‘no pitch just value’ community created to support the mlm in
引用 删除 mynamikw9x   /   2018-04-17 09:50:18
The fisherman must know how to s <a href="http://www.footballchiefsauthentic.com/women-justin-houston-jersey/">Justin Houston Jersey</a> wim or at least be able to stay afloat while awaiting rescue.The secret to s <a href="http://www.footballchiefsauthentic.com/women-alex-smith-jersey/">Alex Smith Authentic Jersey</a> uccessful leadership development isn?t really a secret at all. By pass the leg exercises too,Justin Houston Jersey, given that girls solely pay attention to arms an <a href="http://www.footballchiefsauthentic.com/women-marcus-peters-jersey/">Marcus Peters Jersey</a> d chests anyways.Make sure t
引用 删除 mynamikw9x   /   2018-04-17 06:30:33
<a href="http://www.cowboyssportsonline.com/jourdan-lewis-super-bowl-xlix-jersey/">Cowboys Jourdan Lewis Jersey</a> 57.You can share your experie <a href="http://www.cowboyssportsonline.com/ryan-switzer-super-bowl-xlix-jersey/">Ryan Switzer Cowboys Jersey</a> nce of how you have got your baseball memorabilia or to show some photos of your keepsakes with us . This is a treasure because it helps the fan acquire items that not only have <a href="http://www.cowboyssportsonline.com/dak-prescott-jersey/">Dak Prescott Jersey</a>  the most sentimental value, but also the best potential for a financial investment."(Agencies
引用 删除 shekplos9t   /   2018-04-17 00:37:43
Your portfolio will showcase your skill ei <a href="http://www.cheapoutletnfljerseys.us.com/">Cheap NFL Jerseys Wholesale</a> ther as a <a href="http://www.cheapoutletnfljerseys.us.com/">Cheap Jerseys</a>  freelance illustrator, fine artist, animator or any other of your specialty. Roget's Cheap NFL Jerseys Wholesale defines the noun sport as an "activity occupied in for relaxation and <a href="http://www.cheapoutletnfljerseys.us.com/">Cheap NFL Jerseys China Wholesale</a>  amusement" with synonyms including diversion and recreation.373)6
引用 删除 shekplos2g   /   2018-04-16 22:58:21
Walnuts contain monounsatura <a href="http://www.wholesalefootballnfljerseys.us.com/">Cheap Jerseys China</a> ted fa <a href="http://www.wholesalefootballnfljerseys.us.com/">Wholesale NFL Jerseys</a> ts.Treatments availableThere are several available treatments for tennis elbow. This particular supplement comes in the type <a href="http://www.wholesalefootballnfljerseys.us.com/">Wholesale Jerseys Free Shipping</a>  of a capsule and powder that can be blended with beverages just like milk or even water.Mahmoud hoped such deadly riots would never happen ag
引用 删除 shekplos9t   /   2018-04-16 20:22:13
Natural  <a href="http://www.cheapauthenticmlbjerseys.us.com/">Cheap MLB Jerseys</a> curre <a href="http://www.cheapauthenticmlbjerseys.us.com/">Cheap Jerseys From China</a> ntly with the Cincinnati Bengals is additionally from the working for your recognition along with the ex – Auburn diamonds within the hard Webcam Newton, qb to  <a href="http://www.cheapauthenticmlbjerseys.us.com/">Replica MLB Jerseys</a> the Carolina Panthers. As it is the capital of the country so all the politicians also have houses insides Lisbon which makes i
引用 删除 mynamikw9x   /   2018-04-16 17:23:52
Chlorine kills microorganisms and bacteria by attacking the lipids in the ce <a href="http://www.thebrownslockroom.com/hoodie/">Authentic Browns Hoodie</a> ll walls <a href="http://www.thebrownslockroom.com/women-shon-coleman-jersey/">Shon Coleman Jersey</a>  and destroying the enzymes and structures inside the cell, rendering them oxidized and harmless. Due to their popularity,Authentic Browns Hoodie, more and more people are getting interested to join any sport they w <a href="http://www.thebrownslockroom.com/women-brock-osweiler-jersey/">Brock Osweiler Authentic Jersey</a> a
 

评分:0

我来说两句

显示全部

:loveliness: :handshake :victory: :funk: :time: :kiss: :call: :hug: :lol :'( :Q :L ;P :$ :P :o :@ :D :( :)

皮海洲

皮海洲

职业投资者,独立财经撰稿人。1993年入市,十四年的股市磨练,练就了对股市独到的眼光与见解。所写文章以政策、时事热点评述、股票炒作心得为主,以反映中小投资者呼声为 己任,著有《轻轻松松炒股票》一书。联系方式:phz168@21cn.com

日历

« 2018-04-21  
1234567
891011121314
15161718192021
22232425262728
2930     

数据统计

  • 访问量: 47598
  • 日志数: 408
  • 建立时间: 2007-11-15
  • 更新时间: 2013-08-15

RSS订阅

Open Toolbar