ZT: Has a New China Bull Market Begun?

Has a New China Bull Market Begun?

MONDAY, JANUARY 14, 2013 AT 03:06PM

After another big up day today, China's Shanghai Composite is now up a whopping 18% since making a multi-year low in early December.

Remarkably, the Shanghai Composite is currently stuck in the longest bear market it has ever seen (going back to 1990).  A bear market is a 20%+ decline that was preceded by a 20%+ rally, and vice versa for a bull market.  The current bear market that the Shanghai is in has lasted 756 calendar days and seen the index decline 38%.  Below is a table of past bear markets for the Shanghai.  The longest bear market China had seen prior to this one lasted 461 days from April 2004 to July 2005.  Should the Shanghai gain another couple percentage points, a new bull market will be at hand, and it will certainly be a welcome relief for Chinese investors.

所有跟帖： 

• 俺认为是的 -千虑一得- ♂ (0 bytes) () 01/15/2013 postreply 10:11:03

• You are dreaming! -星月相伴- ♀ (0 bytes) () 01/15/2013 postreply 10:15:03

• 我不碰A股 -熊牛联盟- ♂ (39 bytes) () 01/15/2013 postreply 10:15:41

• 我亏了很多钱在A股。 -星月相伴- ♀ (0 bytes) () 01/15/2013 postreply 10:18:23

• 我倒是没亏钱。 -熊牛联盟- ♂ (45 bytes) () 01/15/2013 postreply 10:36:44