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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 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 |