Friday, July 10, 2009

Is 2009 a rerun of 2008?

The indices have behaved strangely similar so far. Fall in Feb, rally starts in March (Bear Stearns in 2008), topping out in June. Further out - struggle till Aug end, and rollover in Sep and Oct?

Except that Shanghai keeps marching higher. That is very different between 2008 and 2009. In 2008, Shanghai kept going lower and lower.

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