Australian Share Market BULL Markets - 1988-2011 One of the tools in Brainy's Share Market Toolbox.  The charts below show the various Australian bull markets from 1988. Last update:- 2 February 2011 Aussie Bear Markets and Corrections information is also available. You are here: Share Market Toolbox > Members Area Gateway > Australian share market BULL Markets Related (public) links: Australian share market BEAR Markets;  Related links (for Toolbox Members): Australian share market BULL Markets; Australian share market BEAR Markets;
Brief comment about the charts below The charts and comments below are purely observations of the market. They are of a general nature, and for general education only. There is no advice. It is recommended that you do NOT make any investment decisions based on andy of the information here. Click on any chart to see a larger view in a new window.	Robert would like to keep you informed of new information as it becomes available, and as updates are made here. So consider registering  to receive updated news and information. If you are a Toolbox Member, you can see detailed comments about the charts below, in the Members Area of Brainy's ShMarket Toolbox web site. Register to receive updates. Privacy ensured, unsubscribe anytime. » Click here For Email Marketing you can trust The charts shown here are of the Australian All Ordinaries index (XAO) which is an aggregation of the "top" 500 companies in the Australian market.  (What does "top" mean? See details about Aussie indexes.) The charts below are produced using the Australian BullCharts charting software.
Summary TABLE 1988 to 2011 The table at right is a summary of the bull markets over the last 2+ decades. How do we identify the start and end of a bull market? For this exercise, we have eyeballed the price chart, and made a judgement call about the start of the bull market period at a significant market low. And the bull market has ended at the last High before a decline of at least 10%. The "Amt (%)" is the percentage rise from the recent market Low to the last High.	Bull Markets — 1988 to 2011 (updated 4 January 2011) Start Date From Point Bull Market? Amt (%) Duration Ave Amt pa (%) Wks Yrs Feb 1988 B Bull Market 37 25 0.5 77.0 Apr 1989 D Bull Market 25 26 0.5 50.0 Dec 1990 F Bull Market 37 43 0.8 44.7 Nov 1992 H Bull Market 70 64 1.2 56.9 Jan 1995 J Bull Market 50 137 2.6 19.0 Aug 1998 L2 Bull Market 39 146 2.8 13.9 Feb 2003 R Bull Market 138 228 4.4 31.5 Mar 2009 T Bull Market 61 58 1.1 54.7
1988 to 1994 Summary CHART A picture is worth a thousand words. The chart at right is the pictorial representation of the first four lines in the table above. For more detail and comment about each of these bull market periods, see the Members Area of Brainy's ShMarket Toolbox.
1992 to 2010 Summary CHART A picture is worth a thousand words. The chart at right is the pictorial representation of the last five lines in the table above. Note: This chart is drawn with a log scale on the vertical value axis. Why? Hint: Note the relative size of each bull market rise. More comment on this is in the Members Area. For more detail and comment about each of these bull market periods, see the Members Area of Brainy's ShMarket Toolbox.
Bull Market "T" Finished - May 2010 This chart represents just the last line in the table above. If we define the end of a bull market as the highest point just prior to a market fall of at least 10% (the start of another correction), then this bull market had clearly ended at the high "U" in April 2010. Note: It can be argued that a bull market started at the last market low in March 2009. By late April 2010 the XAO had risen 61% over 59 weeks, including some significant range trading (sideways movement) for 36 weeks (enclosed by the red rectangle). For more detail and comment about each of these bull market periods, see the Members Area of Brainy's Share Market Toolbox.
Comparison Chart The chart at right shows these bull markets superimposed, on top of each other. This puts the timescale and percentage change into perspective. Each line on the chart starts at "Week zero" and "0%". The chart shows how each bull market developed over time, with the price rising week by week. Note that Bull Market "R" continued for so long that it runs off the edge of this chart.   The latest Bull Market "T" finished in May 2010.   For more detail and comment about each of these bull market periods, see the Members Area of Brainy's ShMarket Toolbox.   Toolbox Members can click on this chart for a larger image.
Conclusions Some possible conclusions include: The market can move a long way very quickly; and once a bull market starts, it can run for several months. (more conclusions are listed in the Members Area).	More details about Aussie Bull and Bear markets? Aussie Bear Markets and Corrections information is available. More details about the Bull Markets above is available from the Members Area of Brainy's Share Market Toolbox.

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© Copyright 2009-2011, R.B.Brain - Consulting (ABN: 52 791 744 975).
Last revised: 15 July, 2011.