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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 |