Does bull market still exist?

Does bull market still exist?
Jun 25, 2007 22:59
YVONNE Points: Join Date: Nov 29, 2004 Status: offline	Those investors must be familiar with the 'diving performance' in the stock market. It means that the shares drop greatly. Yesterday, Shanghai Composite Index experienced its black Monday. It dropped 150.36 points.Last Friday, it dropped 139.52 points. According to the statistics, the Shanghai Composite Index and Shenzhen Composite Index droppped about 500 points in all. Although China Life Insurance Company,Shanghai Pudong Development Bank and China Merchants Bank's shares are rising and creat new records, other individual shares are still dropping. China Petroleum and Chemical Coroparion, China Huaneng Group and other giants also can not make their contribution to the stock market. The shares are still dropping. A security analyst from Central China Securities said that Zhou Xiaochuan (the president of BOC)' speech in Basel aggravated the situation in stock market. He said that inflation in China may be more severe and BOC may increase interests rate. He also said that he had always paid attention to China's stock market and e was not sure that whether it is bubble or not. Another security analyst predicted that the composite index may drop to 3500 mark then bounce back. At last it will drop to 3000 mark. What will happen in China's stock market? Does bull market still exist? Let's wait and see.

Jun 25, 2007 22:59

YVONNE
Points:
Join Date: Nov 29, 2004
Status: offline

Those investors must be familiar with the 'diving performance' in the stock market. It means that the shares drop greatly.

Yesterday, Shanghai Composite Index experienced its black Monday. It dropped 150.36 points.Last Friday, it dropped 139.52 points. According to the statistics, the Shanghai Composite Index and Shenzhen Composite Index droppped about 500 points in all. Although China Life Insurance Company,Shanghai Pudong Development Bank and China Merchants Bank's shares are rising and creat new records, other individual shares are still dropping. China Petroleum and Chemical Coroparion, China Huaneng Group and other giants also can not make their contribution to the stock market. The shares are still dropping.

A security analyst from Central China Securities said that Zhou Xiaochuan (the president of BOC)' speech in Basel aggravated the situation in stock market. He said that inflation in China may be more severe and BOC may increase interests rate. He also said that he had always paid attention to China's stock market and e was not sure that whether it is bubble or not.

Another security analyst predicted that the composite index may drop to 3500 mark then bounce back. At last it will drop to 3000 mark.

What will happen in China's stock market? Does bull market still exist? Let's wait and see.

Jun 27, 2007 19:54	#1
KEVIN0518 Points: Join Date: Mar 13, 2007 Status: Offline	Stock is like the weather, changeable and unpredictable. Sometimes you make money from it. Sometimes you almost lose what you have earned. The bull market can exist and disappear or be replaced by bear market. It is normal.

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