CHAPEL HILL, N.C. (MarketWatch) — Rarely are investors served up as ideal a buying opportunity as currently provided by the Chinese stock market.
That’s because the Shanghai Composite Index SHCOMP, +5.76% has fallen so much in such a short period of time: 32.1% since June 12, or 17 trading sessions. That means a prospective rally becomes an attractive contrarian bet. And even though a rebound might be only a dead-cat bounce, it still could be substantial.
Maybe you’re not comfortable buying into a market that seems destined to fall even further. Whoever said it’s easy to buy when blood is running in the streets, as that famous contrarian Nathan Rothschild once said?