股票入门教程

*,第一环节：,支撑压力,基础概念,-,支撑压力位。,支撑压力位,一、什么叫支撑和压力,我们现在这个房间，什么是我们的支撑，什么是我们的压力？,支撑压力位,一、什么叫支撑和压力,我们现在这个办公室，什么是我们的支撑，什么是我们的压力？,地板是我们的支撑，天花板是我们的压力。,支撑压力位,二、压力和支撑是可以转化的。,我们的地板是楼下的天花板，我们的天花板是,12,楼的地板。,支撑压力位,三、股市中的压力和支撑的形成。,1,、心理价位、整数价位；,1664,点、,3000,点、,10,元、,20,元,支撑压力位,三、股市中的压力和支撑的形成。,2,、前期的高低点；,支撑压力位,三、股市中的压力和支撑的形成。,3,、密集成交区；,支撑压力位,三、股市中的压力和支撑的形成。,4,、趋势（压力）线、均线。,支撑压力位,四、股价遇到支撑压力的三种情况,1,、强支撑；像充满气的皮球从高处堕落到地板的反应。,2,、弱支撑；泄气的皮球从高处堕落到地板的反应。,3,、无支撑。一颗炮弹从高处堕落到地板的反应，打穿了。,支撑压力位,四、股价遇到支撑压力的三种情况,1,、强支撑；像充满气的皮球从高处堕落到地板的反应。,2,、弱支撑；泄气的皮球从高处堕落到地板的反应。,3,、无支撑。一颗炮弹从高处堕落到地板的反应，打穿了。,第二环节：资金流向选股,1、单日巨量流入,特征,1,：单日流入超过,3%,；,特征,2,：次日不允许流出过多（流出超过,-0.,8,%,）；,特征,3,：以横盘形式在巨量流入的阳柱上方强势调整，调整不能跌穿大阳线最低价；,特征,4,：调整不能出现大的上影线；,买入点：调整到,10,日或,20,日均线时再次有资金流入（大于0.1%）收中小阳线时买入。,2、五日资金流入,特征,1,：,5,日流入超过,4%,；,特征,2,：调整期间不能流出过多；,特征,3,：调整到10天、20天均线时有支撑；,买入点：调整到,10,、,20,日均线时再次有资金流入收中小阳线时买入。,资金突破,第三环节：条件选股,强大、灵活选股工具：选股方案可根据基本面指标、技术面、研究报告数据指标等多指标进行复合策略选股,。,Wind,条件选股的核心,基本面选股,1,、建立选股体系的意义,由于上市公司数量不断增多，就算是大型研究机构也无法覆盖全市场。海外的机构都以建立基本面选股系统，来形成初步的股票池以供后续作深入的全面研究。,A,股也面临同样的问题，国内机构纷纷着手建立选股系统。而我也借鉴此做法开始整理自己的思路，并参考国内外机构的选股策略，再利用股票软件进行股票筛选，建立各种投资风格的股票池。,基本面选股策略,1,）价值策略,2,）成长策略,3,）,GARP,策略,GARP,策略,GARP,策略即,Growth at a reasonable price,（价值成长投资策略）是一种混合选股策略，它将两大主流策略,成长策略和价值策略有机结合。充分利用两者的优势，弥补纯价值投资和成长投资的不足。相对成长策略，,GARP,策略关注公司股票的价值，力求投资于价格低于其内在价值的成长型公司股票，避免因过度追求高成长而需承担的额外风险；相对价值策略，,GARP,策略侧重公司的成长性，通过挖掘具有较高增长潜力的公司股票获得高于市场平均水平的收益。,著名的投资大师彼得,林奇是,GARP,策略代表人物之一，,19771990,的十三年间其管理的麦哲伦基金平均年化收益率高达,29%,，实现基金投资业绩同业排名第一。而这位传奇人物采用并极力提倡的正是后来被国际市场誉为追求“高收益低风险”最佳策略,GARP,策略。,高盈利性成长股策略,此类成长股质地最优良，有坚实的业绩作基础，抗跌性强，可以持续稳定的战胜市场，在上涨市场具有极强的爆发力。,高盈利能力是成长股的一个重要特征，一般认为这类股票的风险性较低，毕竟它们有绝对业绩的支撑。它的选股策略是连续四年净利润同比增长率要高，且最近年报的净资产收益率超过,25%,。,1,、去年年报,ROE,大于,25%,2,、连续四年净利润同比增长率均大于,20%,且小于,300%,3,、收盘价大于,10,元,4,、流通市值大于,10,亿元，小于,1000,亿元（不局限于中小盘股）,2010,年,6,月,3,日选股结果,归属母公司股东的净利润,-,扣除非经常损益,(,同比增长率,),代码,名称,ROE,2009,年,2008,年,2007,年,2006,年,收盘价,流通市直,所属行业,000028,一致药业,26.57,36.89,40.14,21.61,77.89,31.56,73.85,医药商业,000650,仁和药业,28.48,125.82,113.11,147.02,50.76,10.99,38.46,中药,000651,格力电器,33.66,43.91,85.19,62.52,21.46,13.47,388.76,白色家电,000858,五粮液,25.30,76.29,26.77,23.31,48.53,24.64,943.57,饮料制造,000869,张裕,A,40.39,24.73,39.89,60.68,42.05,74.90,103.18,饮料制造,000880,潍柴重机,29.47,159.92,27.34,218.78,83.52,15.45,20.88,普通机械,002007,华兰生物,43.99,226.76,66.72,37.88,50.66,48.02,276.68,生物制品,002028,思源电气,37.92,20.28,45.41,36.90,61.76,28.33,87.92,电气设备,002063,远光软件,25.35,49.57,76.65,45.58,45.98,16.52,53.12,计算机应用,002081,金螳螂,25.06,52.92,56.89,25.91,32.87,19.48,83.31,建筑装饰,002202,金风科技,39.12,90.18,49.03,92.61,193.74,21.91,220.87,电气设备,002304,洋河股份,38.83,67.87,97.71,113.32,222.16,72.93,65.92,饮料制造,600031,三一重工,29.37,39.65,20.65,168.07,147.54,5.67,403.10,专用设备,600089,特变电工,25.09,67.24,113.47,119.24,43.16,17.54,315.26,电气设备,600522,中天科技,26.49,122.28,76.27,104.93,23.18,18.89,60.86,通信设备,600582,天地科技,32.62,24.82,22.63,72.67,94.24,14.18,143.85,专用设备,600828,成商集团,29.07,45.25,112.59,148.22,101.55,12.11,53.07,零售,600983,合肥三洋,28.61,70.85,71.48,30.74,29.36,12.31,24.39,白色家电,10年选股组合与大盘走势对比,10,年选出的股票组合走势明显强于上证综合指数，在今年,5,月大盘下跌时也明显抗跌。,2009,年,6,月,3,日选股结果,归属母公司股东的净利润,-,扣除非经常损益,(,同比增长率,),代码,名称,ROE,2008,年,2007,年,2006,年,2005,年,收盘价,流通市直,所属行业,000028,一致药业,27.84,40.14,21.61,77.89,51.71,17.52,41.22,医药商业,000651,格力电器,30.33,85.19,62.52,21.46,24.04,12.87,375.18,白色家电,000792,盐湖股份,51.74,33.44,21.88,61.71,72.34,47.92,194.59,化学制品,000869,张裕,A,37.49,39.89,60.68,42.05,50.37,49.29,56.03,饮料制造,000950,建峰化工,31.88,82.21,77.71,273.97,27.97,9.36,12.67,化学制品,002024,苏宁电器,32.39,46.20,93.54,103.80,92.28,9.60,457.24,零售,002122,天马股份,28.02,114.81,26.20,111.00,66.83,14.55,39.93,普通机械,002152,广电运通,28.13,49.24,145.46,145.82,36.35,20.04,39.99,计算机设备,002202,金风科技,27.44,49.03,92.61,193.74,193.04,20.77,208.64,电气设备,600089,特变电工,25.07,113.47,119.24,43.16,42.31,20.55,372.54,电气设备,600090,啤酒花,28.08,49.74,31.53,121.74,20.48,10.33,38.01,饮料制造,600511,国药股份,25.46,46.71,56.66,68.22,33.40,15.40,43.16,医药商业,600547,山东黄金,41.37,292.77,54.04,48.98,51.72,22.17,153.95,有色金属冶炼,600550,天威保变,30.09,110.74,114.80,125.88,77.58,36.48,225.84,电气设备,600582,天地科技,31.84,22.63,72.67,94.24,74.75,14.96,73.58,专用设备,600596,新安股份,76.02,268.07,47.00,42.41,51.22,15.72,69.35,化学制品,09年选股组合与大盘走势对比,在,10,年,4,月的下跌中明显抗跌，并在,10,年,7,月及,10,月的行情大幅超越大盘指数。,2011,年,6,月,3,日选股结果,归属母公司股东的净利润,-,扣除非经常损益,(,同比增长率,),代码,名称,ROE,2010,年,2009,年,2008,年,2007,年,收盘价,流通市直,所属行业,000028,一致药业,27.85,28.79,36.89,40.14,21.61,29.47,68.74,医药商业,000069,华侨城,A,25.65,158.00,32.74,21.64,36.98,7.39,173.66,房地产开发,000568,泸州老窖,45.16,31.56,32.95,84.46,123.66,46.51,332.70,饮料制造,000650,仁和药业,25.37,56.99,125.82,113.11,147.02,14.43,69.13,中药,000651,格力电器,36.74,46.15,43.91,85.19,62.52,21.69,602.98,白色家电,000869,张裕,A,41.70,24.25,24.73,39.89,60.68,96.70,337.29,饮料制造,000880,潍柴重机,27.04,21.45,159.92,27.34,218.78,20.45,27.64,普通机械,002063,远光软件,30.74,67.12,49.57,76.65,45.58,17.97,51.46,计算机应用,002081,金螳螂,36.86,92.51,52.92,56.89,25.91,37.31,163.90,建筑装饰,002140,东华科技,25.19,51.64,47.06,30.48,42.35,25.80,111.47,建筑装饰,002304,洋河股份,36.76,77.36,67.87,97.71,113.32,111.10,455.36,饮料制造,002415,海康威视,29.48,49.16,26.85,51.48,75.49,37.13,161.78,计算机设备,600582,天地科技,29.50,20.38,24.82,22.63,72.6