Once again, the projected date is the timing for a TOP in the market, not a LOW. The bubble has been pricked but, as in very slow motion, it still looks like a

Once again, the projected date is the timing for a TOP in the market, not a LOW. The bubble has been pricked but, as in very slow motion, it still looks like a bubble for a long time before breaking down. The chart in the original article (http://www.technologyreview.com/blog/arxiv/files/31560/Shanghai%20bubble.png http://www.technologyreview.com/blog/arxiv/files/31560/Shang...) clearly depicts (forecasts) topping action in late July. Plus, the chart labels indicate a "100% range" of 10-Jul thru 10-Aug which actually works out well given the current 4-Aug top. I don't think we've seen any "crash" yet. We've seen big moves down but The Shanghai Composite Index is characteristically volatile. Usually, to the extent such a term has any meaning here, it's a 55-day trip from market top to crash low. The heavy action happens near the low which works out to ( ... counts on fingers ... ) 9/28/2009. It's OK to ridicule voodoo forecasting. But common courtesy demands you to first understand what is being said, before you declare it BS. (The people at TR share some blame; they could have stated things more clearly.)