Market bottom
China Bear Markets decline average of -30%
Wednesday, January 30th, 2008China Bear Market
Below the nine bear markets of the Shanghai Composite since 1995 straight from Bespoke Investments. The average length of a Shanghai Composite bear has been 158 days, and the average decline has been -30.47%. As shown, the current bear has lasted 105 days and declined 26.82%.
China’s Shanghai Composite has […]
The market, Paul Desmond from Lowry’s and charts
Tuesday, January 29th, 2008Stocks found it exceedingly easy to go up. All but one of the eight Important Averages advanced more than 1 %. That is strong price momentum. With all those stocks rising, overall volume was down in all 4 Major Averages. The financials were the best performing sector of the day. Generally, rate cuts […]
Bill Gross: V shaped recovery too optimistic
Wednesday, January 23rd, 2008When browsing through some old files I found that article from Bill Gross from 2001, where he touched on the issue of why yesterday’s (1st capitulation-like day) recovery might not be followed by a quick V shaped pattern (rally).
“ Extreme optimists believe in a V-shaped recovery, implying a quick return to the good old […]