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 37% since our major sell signal was confirmed in January 2008. *** $TSX – down 21% since our major sell signal. *** Australia is down 36% since our major sell signal. *** Brazil is down 39% since our major sell signal. *** India is down 28% since the major sell signal. *** France is down 45% since the major sell signal. Germany is down 31%..... *** London is down 28%. *** Hong Kong is down 30% since the major sell. *** Tokyo is down 45% since the major sell… *** Shanghai is down 45% since the major sell. *** Philippines is down 33% since the major sell.. *** Taiwan is down 20% since the major sell. Summary All global indexes we track remain on major sell signals this month. Disclosure End of update Apr 30, 2009 |