Global Indexes
Jack Chan
March 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 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.
Long term investors continue to stay in cash or fully hedged.
Traders please check our traders log to see current open positions and opportunities.
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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.
Check out our website for our performance in 2008 and subscription info: www.simplyprofits.org
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