Global indexesJack Chan Here is our monthly update on global indexes for our international investors. $SPX - sell signal in January 2008 ended the buy signal of May 2003. Most other major indexes around the world follow this pattern. $SPX is down 47% since our major sell signal was confirmed in January 2008. *** $TSX - down 31% since our major sell signal. *** Australia is down 43% since our major sell signal. *** Brazil is down 54% since our major sell signal. *** India is down 44% since the major sell signal. *** France is down 52% since the major sell signal. C'est la vie. *** Germany is down 43%..... *** London is down 34%........pity. *** Hong Kong is down 42% since the major sell. *** Tokyo is down 52% since the major sell... *** Shanghai is down 54% since the major sell. *** Philippines is down 41% since the major sell... *** Taiwan is down 39% since the major sell. Summary All global indexes we track remain on major sell signals this month. End of update. Feb 27, 2009 |