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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 43% since our major sell signal was confirmed in January 2008. ***
$TSX – down 27% since our major sell signal. ***
Australia is down 39% since our major sell signal. ***
Brazil is down 49% since our major sell signal. ***
India is down 39% since the major sell signal. ***
France is down 51% since the major sell signal. ***
Germany is down 41%..... ***
London is down 33%. ***
Hong Kong is down 38% since the major sell. ***
Tokyo is down 49% since the major sell… ***
Shanghai is down 47% since the major sell. ***
Philippines is down 37% since the major sell.. ***
Taiwan is down 30% since the major sell. Summary All global indexes we track remain on major sell signals this month. End of update Disclosure Mar 31, 2009 |