77个交易日，涨幅达16%，略小于2003年。 主跌浪均从6月开始 2

77个交易日，涨幅达16%，略小于2003年。

主跌浪均从6月开始

2003年4月16日开始，股市见顶下跌。这轮下跌大致分三个阶段。初期跌势非常猛，8个交易日出现7根阴线，跌幅达9%；在5月小幅反弹，但反弹力度有限，指数呈现横盘整理态势；从6月开始，指数正式步入跌势，大致经历了5波下跌。整体来看，沪指直到当年11月13日才见底，区间跌幅大约19%，时间长度为140个交易日。

从今年5月8日开始，股市也出现了见顶下跌。这轮下跌也分三个阶段。初期，跌势比较猛，7个交易日出现5根阴线，下跌约5%；5月底，沪指展开反弹，但反弹力度有限，基本是横盘震荡；同样是从6月开始，股市正式步入主跌浪。整体来看，截至1949点的年内最低，今年5月开始的这波下跌最大跌幅已有19%，已经历145个交易日，幅度和天数与2003年吻合。

宽幅震荡神奇再现

需强调的是，在2003年10月，和今年9月~10月，指数在单边下跌后，都出现了明显的宽幅震荡，这成为下跌见底的重要信号。

盘面显示，2003年10月10日、10月22日、11月4日的三根单日放量中阳线，成为该阶段三波反弹的标志。从指数运行的角度看，此阶段指数的跌势明显扭转，开始有资金进场做多，且出现了放量，指数处于横盘震荡中。整体来看，2003年10月的震荡持续了大约18个交易日，随后便是快速杀跌，跌出底部1307点。

在今年9月7日、27日、28日，以及11月1日，指数都出现大幅上涨，从图形上看，行情完全扭转了6月以来的单边跌势，市场明显出现了做多资金，震荡格局形成。整体来看，今年9月7日

結果 (英文) 1:

77 trading days, or up to 16%, slightly less than in 2003.

Main tumbles are from June

April 16, 2003, the stock market peaked decline. This round fell broadly divided into three stages. Very fierce the initial decline, the eight-day 7 Yinxian, a decrease of 9%; rebounded slightly in May, but the rebound is limited, the index showed a sideways trend; Beginning in June, the index has formally entered a downtrend. generally experienced a 5 wave decline. Overall, the main stock index until November 13 of the year before bottoming out, interval decrease of about 19%, the length of time for 140 trading days.

From May 8 this year, the stock market also appears peaked fell.This round of decline can be divided into three stages. Initially, the decline is more fierce, 7 trading days 5 Yinxian, a decrease of about 5%; end of May, the stock index rebounded, but the rebound is limited, basically sideways shock; same from June, the stock market has formally entered The main tumbles. Whole year minimum up to 1949 points, beginning in May of this year, this wave down the biggest decline of 19%, has experienced 145 trading days, the amplitude and the number of days is consistent with 2003.



Fluctuated magical reproduction should be emphasized that, in October 2003, and in September of this year to October, the index unilateral down, have emerged fluctuatedThis become the decline bottomed important signal.

Disk, October 10, 2003, October 22, November 4, three single-day heavy volume in Yang Xian, a sign of a rebound in three waves of the stage. Running from the index point of view, at this stage the index's decline to reverse significantly, began funding approach to do more, and there has been heavy volume, the index in the sideways shock. The whole shock of October 2003 lasted about 18 trading days, and then is quickly sell into the fall out of the bottom of 1307 points.

September 7 this year, 27, 28, and November 1, the index rose sharply, from a graphical point of view,The market has completely reversed since June unilateral decline, market obviously do more funding shock pattern formation. Overall, on September 7 this year

結果 (英文) 2:

77 trading days, rising to 16% in 2003, slightly less than.

the main or waves are from the beginning of June, beginning in April 16, 2003, the stock market peaked down.This decline can roughly be divided into three stages.The initial situation is very fierce, the 8 trading day of 7 roots Yinxian, or up to 9%; in May rebounded slightly, but the rebound strength is finite, index to present the sideways trend; from the beginning of June, formally entered the decline index, roughly experienced 5 wave decline.Overall, Prev Close in November 13th before bottoming out, interval decreases about 19%, the length of time for 140 trading days.

starting from May 8th this year, the stock market also appeared a peaked down.This decline is also divided into three stages.Initially, decline compared Meng, 7 trading day of 5 roots Yinxian, fell about 5%; at the end of 5, Shanghai refers to the rebound, but the rebound strength is limited, basically is the sideways; the same is begin from June, the stock market has formally entered the main falls the wave.Overall, as of the 1949 year's lowest, started in May this year, the largest decline has 19% wave decline, already experienced 145 trading days, amplitude and period with the 2003 agreement.



shocks magic reproduction is important for in October, 2003, and September of this year ~10 month, index in unilateral down, there are clear wide shocks,This became the important signal fell out.

panel shows, October 10, 2003, October 22nd, November 4th three one-day peatlands land, become the stage three waves that bounce off the mark.Running from the index point of view, this phase of exponential decline significantly reversed, begin to have capital long entry, and appeared in volume, sideways shock index in.Overall, 2003 October shock lasted about 18 days, followed by rapid Shadie, fell out of the bottom 1307.

in September 7th of this year, 27 days, 28 days, and on November 1st, index rose sharply, graphically,The market was completely reversed by unilateral bear market since June, marked the emergence of a more funds to do, the pattern of shocks form.Overall, this year in September 7th.

結果 (英文) 3:

77 session, rose 16%, slightly less than in 2003.

Primary fell from June

2003 April 16, stocks fall peak. These rounds generally in three phases. Falling very hard at the beginning, 8 day 7 root Yin lines appear, or 9%; in May, rebounded slightly, but the rebound is limited, the index showed a trend sideways; from the beginning of June, index has formally entered the decline generally experienced a 5 wave decline. Overall, Hu Zhi did not bottom until on November 13 of that year, interval decrease in some 19%, the length of time for the 140-day.

From May 8 this year and the stock market has a peak drop.These wheels can be divided into three phases. The early declines, and 7 day 5 Yin lines appear, down about 5%; the end of May, Hu Zhi rebounded, but the rebound is limited, which is basically sideways; the same is starting in June, stocks officially fell into the main waves. Overall, as of 1949 year minimum, began in May of this year 19% in the biggest decline this fall, has experienced 145 day, and days coincide with 2003.

-Wide shock magic is to reproduce the

need to emphasize, in October 2003, and September to May this year, after falling for index in unilateral, there is a significant, broad-banded shocks,This is an important signal of decline bottomed.

Side show on October 10, 2003, three one-day volume zhongyang line October 22, November 4, becoming the stage three flags wave rebound. From the perspective of running index, index declines significantly reversed in this phase, began funding the approach long, and there have been observed, index is sideways. Overall, the shock lasted about 18 trading days of October 2003, and is then quickly killed fell, fell out of the bottom of 1307 points.

On September 7, 27th, 28th, and on November 1, the index both rose sharply, from a graphic point of view,Completely reversing the unilateral downtrend since June, had clearly put money in the market, oscillatory pattern. Overall, September 7 of this year