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Sunday, May 03, 2009

World Indexes

Lots of upgrades even in the face of a possible pandemic swine flu (aka H1N1 virus). I guess that bulls make money, bears make money, pigs get slaughtered!
World Longterm Midterm Shorterm
S&P500 Down Neutral Up
DJI Down Neutral Up
NasdaqComp Down Up Up
Nikkei 225 Down Up (+) Up (+)
Kospi Up (+) Up Up
SSECI Up (+) Up Up (+)
HSI Down Up Up (+)
TWII Up (+) Up Up
STI Down Up (+) Up (+)
SENSEX Down Up Up
AORD Down Neutral Neutral (-)
FTSE Down Neutral Up
DAX Down Up (+) Up
Bovespa Down Up Up

We are now in the month of May, so sell in May and go away. Always be on the look out for a the end of this trend.

1 comment:

Tan said...

Hi, newbie here.

why May must sell and go away?
do you still expect the correction? The market seems to good to be true.

Thanks