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Comments

John

Is this really a break in the Shanghai Composite? I see it touching the 200 MA merely and being in a downtrend channel. Could still get a rescue bounce, but time will tell.

Justin

Could definitely get a bounce, but it closed about 3 points below its 200-day today. That's not much, but it's still a close below.

Givemeabreak

"When a stock or index is trading above its 200-day moving average, it is considered to be in a long-term uptrend."

Nonsense. Utter nonsense. Give me one study or a long run historical evaluation that says buying or selling on a 200 day average will make you money, in anything. Why not 100, 50, 2000, or 2 day? Does your investment group actually use the 200 day moving average for actual investing?

Anirudh Sethi

Visit my Blog and see my view on Shanghai Market :
http://www.anirudhsethireport.com/shanghai-composite-2956-is-last-hope/

Anwiya

Ditto Givermeabreak's comment

dirk

200 day moving average has served my trading very well for the last 16 years. Superior risk adjusted returns and saved my tukus in 07 & 08. How'd you do lil john

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