And we thought we have a bull market!
In April of this year, with Shanghai’s SEC trading around 1300, I wrote a Special Report; "China’s new Bull Market". You can find that report, and a followup I made a few weeks later on the website: http://objectiveelliottwave.com/Chinabullmarket.aspx. While we started our bull market in Oct02, and Europe with the majority of Asia joined in Mar03, China remained in a bear market. It wasn’t until Jly05 that their bear market finally ended, and Cycle wave  completed at just under 1,000. Today, 18 months later, the SSEC again made all time new highs by closing at 2,675. It has doubled since the special report, and nearly tripled since the bull market began. When all is said and done in the rest of the world, China’s bull market will likely still be going strong. We will continue to track it OEW terms. It has been a quite exciting event in 2006.