Global indexes

Jack Chan
www.simplyprofits.org
Jun 1, 2009

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 34% since our major sell signal was confirmed in January 2008.

***

$TSX – down 12% since our major sell signal.

***

Australia is down 34% since our major sell signal.

***

Brazil is down 26% since our major sell signal.

***

India is down 8% since the major sell signal.

***

France is down 43% since the major sell signal.

***

Germany is down 28%.....

***

London is down 25%.

***

Hong Kong is down 18% since the major sell.

***

Tokyo is down 40% since the major sell…

***

Shanghai is down 42% since the major sell.

***

Philippines is down 24% since the major sell..

***

Taiwan is down 8% since the major sell.

Summary

All global indexes we track remain on major sell signals this month.

Despite the strong rally since the March bottom, our benchmark SP500 is still down 34% from our major sell signal. However, a couple of countries have outperformed others as India and Taiwan are only down a few % since the major sell signals. If prices stay firm for another month or two, we could begin to see some major buy signals in some of these global indexes.

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

End of update

May 30, 2009
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd