China Now Down Over 40% from Highs
　　
　　Since peaking on October 16, 2007, China's Shanghai Composite has fallen 40.8% over a period of 109 trading days.
　　
　　To put these losses into perspective, we plotted the Shanghai Composite's declines along with the declines of the S&P 500 during its nasty bear market from March 2000 to October 2002. As shown below, the S&P 500 didn't hit -40.8% until the index was very close to its bottom in 2002, and at its low, the S&P 500 was down 49.1%.
　　
　　It's hard to get a true feel for the current sentiment in China since we don't live there, but one has to assume that recent months have been very, very painful -- especially for those that were the last to open one of the record 100 million brokerage accounts reached last year.
　　
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　　文章说中国股市最近跌幅巨大，40%的跌幅标普指数用了2年半的时间才走完，而A股只花了半年不到
　　
　　文章还说，不生在中国是体会不到内地股民感受的，尤其是那些上千万去年高位入市的新股民
　　
　　美国人民都看不下去了哈

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