If you have heard of our recent interview in FM958 radio, we did talked about Shanghai Composite.
This is what we mentioned.
"中国股市
· 上证今天是大概2012点。上证指数最近的表现相当的弱。上证从12月头到现在已经滑落了200点，接近10% 。
·
长期来说，我觉得如果投资上证指数等两三年是不会亏的。从技术分析，上证已经视乎到了熊市的尾端。熊市的尾端有一个现象。就是下不多，上不了。
·
上证已经在1900-2500点之间徘徊了2年0 两个月了。要他狂跌到比如1600点也很难。
·
短期来说，我们也判断现在2000点值得投资，再跌到1950点可以再准备进场"
At that time, Shanghai composite is hovering around 2000 points.
Today it indeed rebounded strongly! Today it goes up a strong 43 points. Temporarily I think this is the best oversold index.
2000 we think is a good support. At most we predict the lowest it reach is 1950.
Rgds
Daniel
www.danielloh.com
