Bad time has gone?

Bad time has gone?
Nov 7, 2008 03:22
ZOEY Points: Join Date: Nov 29, 2004 Status: offline	John Bollinger, the the developer of Bollinger Bands (the investors must be familiar with Bollinger Bands), seems to be confident in the stock market. He said in an investment forum in Shanghai that bad time had gone and the stock market was gradually recovering. As H shares, he thought that it had reached the bottom. Bollinger claimed that the stock markets were at a turning point from a "bear" to a "bull". Meantime, he said that the stock market was the best ecnomic prediction tool. Now the global economy is slowing down. Actually, the stock prices in the previous 3 to 6 months already foresaw this. He emphasized that it was best time to do investment in the stock market instead of pulling out because many countries have implemented many measures to stablize the markets. Do you agree with him?

Nov 7, 2008 03:22

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

John Bollinger, the the developer of Bollinger Bands (the investors must be familiar with Bollinger Bands), seems to be confident in the stock market. He said in an investment forum in Shanghai that bad time had gone and the stock market was gradually recovering. As H shares, he thought that it had reached the bottom.

Bollinger claimed that the stock markets were at a turning point from a "bear" to a "bull". Meantime, he said that the stock market was the best ecnomic prediction tool. Now the global economy is slowing down. Actually, the stock prices in the previous 3 to 6 months already foresaw this. He emphasized that it was best time to do investment in the stock market instead of pulling out because many countries have implemented many measures to stablize the markets.

Do you agree with him?

Nov 12, 2008 20:53	#1
JIMMYB Points: Join Date: Feb 7, 2007 Status: Offline	Not sure. After Chinese goverment announed its 4000 billion RMB economy stimulus plan, Chinese market seemed to revive. Some investors said that the Shanghai Composite Index would rise to 4000 points. Seems that they are very confident about the market.

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