XJO 0.81% 7,971.6 s&p/asx 200

wednesday the simple things, page-23

  1. 11,118 Posts.
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    Bloomberg article in relation to the Shanghai market.

    Tom Demark sees this as a bottom with a 48% rise to come over the next 9 months.

    http://www.bloomberg.com/news/2012-12-05/chinese-stock-accounts-empty-most-since-july-2011-before-rally.html

    and some more on today's big Shanghai rally

    http://www.bloomberg.com/news/2012-12-05/china-s-stocks-rise-most-in-three-months-as-trade-volume-doubles.html

    If the Shanghai market rises 48% over the next 8 months there could be a spillover of interest into Oz shares.

    Better not sell out completely or slit one's wrists.

    loki
 
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