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APPLIED TO LEADING EMERGING MARKET ETFS. THE MSR PRIMARY WAVE SYSTEM. Long Term Total Returns Substantial Capital Protection. Over the years, the stock market has generated Major Secular Bull Markets. Examples: 1914-1929, 1949-1964 and 1982-2000. - PowerPoint PPT Presentation
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THE MSR PRIMARY WAVE SYSTEM 212-422-8040 Over the years, the stock market has generated Major Secular Bull Markets. Examples: 1914-1929, 1949-1964 and 1982-2000. The Buy-Hold strategy became dominant and mostly unquestioned.
Consequently, many investors and asset managers were forced to give up much of their profits during the lengthy intervening secular corrections. The MSR Primary Wave System is designed to provide investors with a major alternative. It is applied here to the leading Emerging Market ETFs, from mid 2002 to early 2010: Brazil, India, China, and South Korea. The investment Signals are derived from a series of broad price wave components labeled A, B, C, D and E, mathematically measured to exist in most US and Global financial markets. The system protects capital when a broader price wave A or B is set to decline along with a shorter component. This permits substantially greater cumulative gains over time. Primary long Trades also require a Resonance Principle which often leads to a high percentage of successful trades of extended duration. Long Term Total Returns Substantial Capital ProtectionAPPLIED TO LEADING EMERGING MARKET ETFS
Dates are from initial Primary Wave signal in 2002. Dates are specified in tables to follow.
Interest income and transaction costs are not included. 212-422-8040BrazilChinaIndiaSouth Korea
Chart1
480.41765.43479.36
405.78841459.98
80.3537.9878.2
106456.9723.7
Benchmark
MSR Long Only
MSR Long/Short
Percent Appreciation
MSR Primary Wave Trend Signals Applied to Emerging Market ETFs Trade Signals 2002 - January 2010
from trades
Long/Shortfrom Trades
BrazilIndiaChinaKorea
ETFETFETFETF
Benchmark480.4405.780.3106
MSR Long Only1765.4884537.9456.9
MSR Long/Short3479.361459.98878.2723.7
iShares MSCIBOMBAY SeSHANGHAI SeiShares MSCI
BRAZIL ETFSENSEX INDEXCOMPOSITESouth Korea ETF
Benchmark480.4405.780.3106.0
MSR Long Only1765.4884.0537.9456.9
MSR Long/Short3479.41460.0878.2723.7
from trades
Benchmark
MSR Long Only
MSR Long/Short
Percent Appreciation
MSR Primary Wave Trend Signals Applied to Emerging Market ETFs Trade Signals 2002 - January 2010
from trades
Long/Shortfrom Trades
BrazilIndiaChinaKorea
ETFETFETFETF
Benchmark480.4405.780.3106
MSR Long Only1765.4884537.9456.9
MSR Long/Short3479.361459.98878.2723.7
iShares MSCIBOMBAY SeSHANGHAI SeiShares MSCI
BRAZIL ETFSENSEX INDEXCOMPOSITESouth Korea ETF
Benchmark480.4405.780.3106.0
MSR Long Only1765.4884.0537.9456.9
MSR Long/Short3479.41460.0878.2723.7
from trades
Benchmark
MSR Long Only
MSR Long/Short
Percent Appreciation
MSR Primary Wave Trend Signals Applied to Emerging Market ETFs Trade Signals 2002 - January 2010
212-422-8040
BRAZIL ETF
Ishares MSCI BRAZIL ETF EWZ
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID05100211.711025027.09-39.50.00-39.5C- Al-D+Am+
LONG1025027.0903260415.76122.3122.334.6D+Am+C- Bm-
LONG08200417.1405190639.45130.2411.6236.9C+ A+C- Bm-
LONG09220638.4707030883.06115.91004.6609.3E+ACm+B-Bm-
AVOID07030883.0602060940.25-51.51004.6243.7B-Bm-C+Bm+
LONG02060940.2501221067.9768.91765.4480.4C+Bm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
SHORT05100211.711025027.0939.4539.45-39.5C- Al-D+Am+
LONG1025027.0903260415.76122.28209.9834.6D+Am+C- Bm-
LONG08200417.1405190639.45130.16613.47236.9C+ A+C- Bm-
LONG09220638.4707030883.06115.911440.44609.3E+ACm+B-Bm-
SHORT09050864.502060940.2537.602019.60243.7E-AB-C+Bm+
LONG02060940.2501221067.9768.873479.36480.4C+Bm+C-Bm-
INDIA INDEX
BOMBAY Se SENSEX INDEX(Trade recent ETF Proxy)
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID0517023333.761108022956.84-11.30.00-11.3C- Al-E+ Acm+
LONG1108022956.840411032997.871.41.4-10.1E+ Acm+C-B-
LONG0516033056.580319045433.1477.880.263.0D+ Am+C-Bm-
LONG0910045370.0105260610809.35101.3262.8224.2C+A+C-Bm-
LONG08110611192.4602220817349.0755.0462.3420.4D+Bl+C-Bm-
AVOID02220817349.070213099634.74-44.5462.3189.0C-Bm-C+ Bm+
LONG0213099634.7401221016859.6875.0884.0405.7C+ Bm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7-YEARS
SHORT0517023333.761108022956.8411.3111.31-11.3C- Al-E+ Acm+
LONG1108022956.840411032997.871.3912.85-10.1E+ Acm+C-B-
LONG0516033056.580319045433.1477.75100.5963.0D+ Am+C-Bm-
LONG0910045370.0105260610809.35101.3303.78224.2C+A+C-Bm-
LONG08110611192.4602220817349.0755.01525.88420.4D+Bl+C-Bm-
SHORT05090816737.070213099634.7442.43791.48189.0E- A-B-C+ Bm+
LONG0213099634.7401221016859.6874.991459.98405.7C+ Bm+C-Bm-
CHINA INDEX
SHANGHAI SE COMPOSITE(Trade recent ETF Proxy)
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID0906021631.380117031478.68-9.40.00-9.4C- Al-D+Am+
LONG0117031478.680718031507.161.91.9-7.6D+Am+C-Al-
AVOID0718031507.161212031470.79-2.41.9-9.8C- Al-B+D+
LONG1212031470.790521041558.336.08.0-4.5B+D+C-Bm-
LONG0211051269.000318051227.40-3.34.5-24.8D+Bm+C-Al-
AVOID0318051227.400923051151.98-6.14.5-29.4C- Al-C+B+
LONG0923051151.980222084761.69313.3331.8191.9C+B+C-Bm-
AVOID0222084761.690123091990.66-58.2331.822.0C-Bm-C+ Bm+
LONG0123091990.660201102941.3647.8537.980.3C+ Bm+B-C-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
SHORT0906021631.380117031478.689.369.36-9.4C- Al-D+Am+
LONG0117031478.680718031507.161.9311.47-7.6D+Am+C-Al-
SHORT0718031507.161212031470.792.4114.16-9.8C-Al-B+D+
LONG1212031470.790521041558.335.9518.10-4.5B+D+C-Bm-
LONG0211051269.000318051227.40-3.314.23-24.8D+Bm+C-Al-
SHORT0318051227.400923051151.986.1421.25-29.4C- Al-C+B+
LONG0923051151.980222084761.69313.35372.16191.9C+B+C-Bm-
SHORT0606083329.670123091990.6640.21562.0422.0E-AB-C+ Bm+
LONG0123091990.660201102941.3647.76878.2280.3C+ Bm+B-C-
S.KOREA ETF
Ishares MSCI SOUTH KOREA ETF EWY
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID06210222.0611080219.90-9.80.00-9.8C-Bm-D+Am+
LONG11080219.90011703*18.68-6.1-6.1-15.3D+Am+
LONG04170317.9204300425.8544.335.417.2D+ Am+C-Bm-
LONG09100425.2805260646.5484.1149.3111.0C+Al+C-Bm-
LONG09220646.3001250856.6822.4205.2156.9C+A+D-Bl-
AVOID01250856.6803130924.90-56.1205.212.9D-Bl-E+CBm+
LONG03130924.9001291045.4482.5456.9106.0E+CBm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
AVOID06210222.0611080219.900.000.00-9.8C-Bm-D+Am+
LONG11080219.90011703*18.68-6.13-6.13-15.3D+Am+
LONG04170317.9204300425.8544.2535.4117.2D+ Am+C-Bm-
LONG09100425.2805260646.5484.1149.28111.0C+Al+C-Bm-
LONG09220646.3001250856.6822.42205.17156.9C+A+D-Bl-
SHORT03130956.6802060929.5347.90351.3533.9D-Bl-C+ Bm+
LONG03130924.9001291045.4482.49723.67106.0E+CBm+C-Bm-
BRAZIL CHART
INDIA CHART
CHINA CHART
S.KOREA CHART
MBD000743FC.unknown
MBD001D5EB1.unknown
MBD00069DD2.unknown
MBD0006E4D5.unknown
212-422-8040Brazil ETF
ETF Benchmark 480.4 %MSR Long Only 1765.4 %MSR Long Short 3479.4 %
212-422-8040* To determine past record for India. Going forward, trade ETFs (INP) iPath MSCI India Index ETN or (PIN) PowerShares India Portfolio ETF.*
BRAZIL ETF
Ishares MSCI BRAZIL ETF EWZ
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID05100211.711025027.09-39.50.00-39.5C- Al-D+Am+
LONG1025027.0903260415.76122.3122.334.6D+Am+C- Bm-
LONG08200417.1405190639.45130.2411.6236.9C+ A+C- Bm-
LONG09220638.4707030883.06115.91004.6609.3E+ACm+B-Bm-
AVOID07030883.0602060940.25-51.51004.6243.7B-Bm-C+Bm+
LONG02060940.2501221067.9768.91765.4480.4C+Bm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
SHORT05100211.711025027.0939.4539.45-39.5C- Al-D+Am+
LONG1025027.0903260415.76122.28209.9834.6D+Am+C- Bm-
LONG08200417.1405190639.45130.16613.47236.9C+ A+C- Bm-
LONG09220638.4707030883.06115.911440.44609.3E+ACm+B-Bm-
SHORT09050864.502060940.2537.602019.60243.7E-AB-C+Bm+
LONG02060940.2501221067.9768.873479.36480.4C+Bm+C-Bm-
INDIA INDEX
BOMBAY Se SENSEX INDEX(Trade recent ETF Proxy)
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID0517023333.761108022956.84-11.30.00-11.3C- Al-E+ Acm+
LONG1108022956.840411032997.871.41.4-10.1E+ Acm+C-B-
LONG0516033056.580319045433.1477.880.263.0D+ Am+C-Bm-
LONG0910045370.0105260610809.35101.3262.8224.2C+A+C-Bm-
LONG08110611192.4602220817349.0755.0462.3420.4D+Bl+C-Bm-
AVOID02220817349.070213099634.74-44.5462.3189.0C-Bm-C+ Bm+
LONG0213099634.7401221016859.6875.0884.0405.7C+ Bm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7-YEARS
SHORT0517023333.761108022956.8411.3111.31-11.3C- Al-E+ Acm+
LONG1108022956.840411032997.871.3912.85-10.1E+ Acm+C-B-
LONG0516033056.580319045433.1477.75100.5963.0D+ Am+C-Bm-
LONG0910045370.0105260610809.35101.3303.78224.2C+A+C-Bm-
LONG08110611192.4602220817349.0755.01525.88420.4D+Bl+C-Bm-
SHORT05090816737.070213099634.7442.43791.48189.0E- A-B-C+ Bm+
LONG0213099634.7401221016859.6874.991459.98405.7C+ Bm+C-Bm-
CHINA INDEX
SHANGHAI SE COMPOSITE(Trade recent ETF Proxy)
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID0906021631.380117031478.68-9.40.00-9.4C- Al-D+Am+
LONG0117031478.680718031507.161.91.9-7.6D+Am+C-Al-
AVOID0718031507.161212031470.79-2.41.9-9.8C- Al-B+D+
LONG1212031470.790521041558.336.08.0-4.5B+D+C-Bm-
LONG0211051269.000318051227.40-3.34.5-24.8D+Bm+C-Al-
AVOID0318051227.400923051151.98-6.14.5-29.4C- Al-C+B+
LONG0923051151.980222084761.69313.3331.8191.9C+B+C-Bm-
AVOID0222084761.690123091990.66-58.2331.822.0C-Bm-C+ Bm+
LONG0123091990.660201102941.3647.8537.980.3C+ Bm+B-C-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
SHORT0906021631.380117031478.689.369.36-9.4C- Al-D+Am+
LONG0117031478.680718031507.161.9311.47-7.6D+Am+C-Al-
SHORT0718031507.161212031470.792.4114.16-9.8C-Al-B+D+
LONG1212031470.790521041558.335.9518.10-4.5B+D+C-Bm-
LONG0211051269.000318051227.40-3.314.23-24.8D+Bm+C-Al-
SHORT0318051227.400923051151.986.1421.25-29.4C- Al-C+B+
LONG0923051151.980222084761.69313.35372.16191.9C+B+C-Bm-
SHORT0606083329.670123091990.6640.21562.0422.0E-AB-C+ Bm+
LONG0123091990.660201102941.3647.76878.2280.3C+ Bm+B-C-
S.KOREA ETF
Ishares MSCI SOUTH KOREA ETF EWY
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID06210222.0611080219.90-9.80.00-9.8C-Bm-D+Am+
LONG11080219.90011703*18.68-6.1-6.1-15.3D+Am+
LONG04170317.9204300425.8544.335.417.2D+ Am+C-Bm-
LONG09100425.2805260646.5484.1149.3111.0C+Al+C-Bm-
LONG09220646.3001250856.6822.4205.2156.9C+A+D-Bl-
AVOID01250856.6803130924.90-56.1205.212.9D-Bl-E+CBm+
LONG03130924.9001291045.4482.5456.9106.0E+CBm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
AVOID06210222.0611080219.900.000.00-9.8C-Bm-D+Am+
LONG11080219.90011703*18.68-6.13-6.13-15.3D+Am+
LONG04170317.9204300425.8544.2535.4117.2D+ Am+C-Bm-
LONG09100425.2805260646.5484.1149.28111.0C+Al+C-Bm-
LONG09220646.3001250856.6822.42205.17156.9C+A+D-Bl-
SHORT03130956.6802060929.5347.90351.3533.9D-Bl-C+ Bm+
LONG03130924.9001291045.4482.49723.67106.0E+CBm+C-Bm-
BRAZIL CHART
INDIA CHART
CHINA CHART
S.KOREA CHART
MBD0006E4D5.unknown
MBD001D5EB1.unknown
MBD000743FC.unknown
MBD00069DD2.unknown
212-422-8040Bombay Se Sensex Index
ETF Benchmark 405.7 %MSR Long Only 884.0 %MSR Long Short 14560.0 %
212-422-8040 To determine past record for China. Going forward, trade ETFs (FCHI) iShares FTSE China (HK Listed) Index Fund or (FXI) iShares FTSE/Xinhua China 25 Index Fund ETF.*
BRAZIL ETF
Ishares MSCI BRAZIL ETF EWZ
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID05100211.711025027.09-39.50.00-39.5C- Al-D+Am+
LONG1025027.0903260415.76122.3122.334.6D+Am+C- Bm-
LONG08200417.1405190639.45130.2411.6236.9C+ A+C- Bm-
LONG09220638.4707030883.06115.91004.6609.3E+ACm+B-Bm-
AVOID07030883.0602060940.25-51.51004.6243.7B-Bm-C+Bm+
LONG02060940.2501221067.9768.91765.4480.4C+Bm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
SHORT05100211.711025027.0939.4539.45-39.5C- Al-D+Am+
LONG1025027.0903260415.76122.28209.9834.6D+Am+C- Bm-
LONG08200417.1405190639.45130.16613.47236.9C+ A+C- Bm-
LONG09220638.4707030883.06115.911440.44609.3E+ACm+B-Bm-
SHORT09050864.502060940.2537.602019.60243.7E-AB-C+Bm+
LONG02060940.2501221067.9768.873479.36480.4C+Bm+C-Bm-
INDIA INDEX
BOMBAY Se SENSEX INDEX(Trade recent ETF Proxy)
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID0517023333.761108022956.84-11.30.00-11.3C- Al-E+ Acm+
LONG1108022956.840411032997.871.41.4-10.1E+ Acm+C-B-
LONG0516033056.580319045433.1477.880.263.0D+ Am+C-Bm-
LONG0910045370.0105260610809.35101.3262.8224.2C+A+C-Bm-
LONG08110611192.4602220817349.0755.0462.3420.4D+Bl+C-Bm-
AVOID02220817349.070213099634.74-44.5462.3189.0C-Bm-C+ Bm+
LONG0213099634.7401221016859.6875.0884.0405.7C+ Bm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7-YEARS
SHORT0517023333.761108022956.8411.3111.31-11.3C- Al-E+ Acm+
LONG1108022956.840411032997.871.3912.85-10.1E+ Acm+C-B-
LONG0516033056.580319045433.1477.75100.5963.0D+ Am+C-Bm-
LONG0910045370.0105260610809.35101.3303.78224.2C+A+C-Bm-
LONG08110611192.4602220817349.0755.01525.88420.4D+Bl+C-Bm-
SHORT05090816737.070213099634.7442.43791.48189.0E- A-B-C+ Bm+
LONG0213099634.7401221016859.6874.991459.98405.7C+ Bm+C-Bm-
CHINA INDEX
SHANGHAI SE COMPOSITE(Trade recent ETF Proxy)
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID0906021631.380117031478.68-9.40.00-9.4C- Al-D+Am+
LONG0117031478.680718031507.161.91.9-7.6D+Am+C-Al-
AVOID0718031507.161212031470.79-2.41.9-9.8C- Al-B+D+
LONG1212031470.790521041558.336.08.0-4.5B+D+C-Bm-
LONG0211051269.000318051227.40-3.34.5-24.8D+Bm+C-Al-
AVOID0318051227.400923051151.98-6.14.5-29.4C- Al-C+B+
LONG0923051151.980222084761.69313.3331.8191.9C+B+C-Bm-
AVOID0222084761.690123091990.66-58.2331.822.0C-Bm-C+ Bm+
LONG0123091990.660201102941.3647.8537.980.3C+ Bm+B-C-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
SHORT0906021631.380117031478.689.369.36-9.4C- Al-D+Am+
LONG0117031478.680718031507.161.9311.47-7.6D+Am+C-Al-
SHORT0718031507.161212031470.792.4114.16-9.8C-Al-B+D+
LONG1212031470.790521041558.335.9518.10-4.5B+D+C-Bm-
LONG0211051269.000318051227.40-3.314.23-24.8D+Bm+C-Al-
SHORT0318051227.400923051151.986.1421.25-29.4C- Al-C+B+
LONG0923051151.980222084761.69313.35372.16191.9C+B+C-Bm-
SHORT0606083329.670123091990.6640.21562.0422.0E-AB-C+ Bm+
LONG0123091990.660201102941.3647.76878.2280.3C+ Bm+B-C-
S.KOREA ETF
Ishares MSCI SOUTH KOREA ETF EWY
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID06210222.0611080219.90-9.80.00-9.8C-Bm-D+Am+
LONG11080219.90011703*18.68-6.1-6.1-15.3D+Am+
LONG04170317.9204300425.8544.335.417.2D+ Am+C-Bm-
LONG09100425.2805260646.5484.1149.3111.0C+Al+C-Bm-
LONG09220646.3001250856.6822.4205.2156.9C+A+D-Bl-
AVOID01250856.6803130924.90-56.1205.212.9D-Bl-E+CBm+
LONG03130924.9001291045.4482.5456.9106.0E+CBm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
AVOID06210222.0611080219.900.000.00-9.8C-Bm-D+Am+
LONG11080219.90011703*18.68-6.13-6.13-15.3D+Am+
LONG04170317.9204300425.8544.2535.4117.2D+ Am+C-Bm-
LONG09100425.2805260646.5484.1149.28111.0C+Al+C-Bm-
LONG09220646.3001250856.6822.42205.17156.9C+A+D-Bl-
SHORT03130956.6802060929.5347.90351.3533.9D-Bl-C+ Bm+
LONG03130924.9001291045.4482.49723.67106.0E+CBm+C-Bm-
BRAZIL CHART
INDIA CHART
CHINA CHART
S.KOREA CHART
MBD000743FC.unknown
MBD001D5EB1.unknown
MBD00069DD2.unknown
MBD0006E4D5.unknown
212-422-8040Shanghai Se Composite
ETF Benchmark 80.3 %MSR Long Only 537.9 %MSR Long Short 878.2 %
212-422-8040
BRAZIL ETF
Ishares MSCI BRAZIL ETF EWZ
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID05100211.711025027.09-39.50.00-39.5C- Al-D+Am+
LONG1025027.0903260415.76122.3122.334.6D+Am+C- Bm-
LONG08200417.1405190639.45130.2411.6236.9C+ A+C- Bm-
LONG09220638.4707030883.06115.91004.6609.3E+ACm+B-Bm-
AVOID07030883.0602060940.25-51.51004.6243.7B-Bm-C+Bm+
LONG02060940.2501221067.9768.91765.4480.4C+Bm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
SHORT05100211.711025027.0939.4539.45-39.5C- Al-D+Am+
LONG1025027.0903260415.76122.28209.9834.6D+Am+C- Bm-
LONG08200417.1405190639.45130.16613.47236.9C+ A+C- Bm-
LONG09220638.4707030883.06115.911440.44609.3E+ACm+B-Bm-
SHORT09050864.502060940.2537.602019.60243.7E-AB-C+Bm+
LONG02060940.2501221067.9768.873479.36480.4C+Bm+C-Bm-
INDIA INDEX
BOMBAY Se SENSEX INDEX(Trade recent ETF Proxy)
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID0517023333.761108022956.84-11.30.00-11.3C- Al-E+ Acm+
LONG1108022956.840411032997.871.41.4-10.1E+ Acm+C-B-
LONG0516033056.580319045433.1477.880.263.0D+ Am+C-Bm-
LONG0910045370.0105260610809.35101.3262.8224.2C+A+C-Bm-
LONG08110611192.4602220817349.0755.0462.3420.4D+Bl+C-Bm-
AVOID02220817349.070213099634.74-44.5462.3189.0C-Bm-C+ Bm+
LONG0213099634.7401221016859.6875.0884.0405.7C+ Bm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7-YEARS
SHORT0517023333.761108022956.8411.3111.31-11.3C- Al-E+ Acm+
LONG1108022956.840411032997.871.3912.85-10.1E+ Acm+C-B-
LONG0516033056.580319045433.1477.75100.5963.0D+ Am+C-Bm-
LONG0910045370.0105260610809.35101.3303.78224.2C+A+C-Bm-
LONG08110611192.4602220817349.0755.01525.88420.4D+Bl+C-Bm-
SHORT05090816737.070213099634.7442.43791.48189.0E- A-B-C+ Bm+
LONG0213099634.7401221016859.6874.991459.98405.7C+ Bm+C-Bm-
CHINA INDEX
SHANGHAI SE COMPOSITE(Trade recent ETF Proxy)
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID0906021631.380117031478.68-9.40.00-9.4C- Al-D+Am+
LONG0117031478.680718031507.161.91.9-7.6D+Am+C-Al-
AVOID0718031507.161212031470.79-2.41.9-9.8C- Al-B+D+
LONG1212031470.790521041558.336.08.0-4.5B+D+C-Bm-
LONG0211051269.000318051227.40-3.34.5-24.8D+Bm+C-Al-
AVOID0318051227.400923051151.98-6.14.5-29.4C- Al-C+B+
LONG0923051151.980222084761.69313.3331.8191.9C+B+C-Bm-
AVOID0222084761.690123091990.66-58.2331.822.0C-Bm-C+ Bm+
LONG0123091990.660201102941.3647.8537.980.3C+ Bm+B-C-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
SHORT0906021631.380117031478.689.369.36-9.4C- Al-D+Am+
LONG0117031478.680718031507.161.9311.47-7.6D+Am+C-Al-
SHORT0718031507.161212031470.792.4114.16-9.8C-Al-B+D+
LONG1212031470.790521041558.335.9518.10-4.5B+D+C-Bm-
LONG0211051269.000318051227.40-3.314.23-24.8D+Bm+C-Al-
SHORT0318051227.400923051151.986.1421.25-29.4C- Al-C+B+
LONG0923051151.980222084761.69313.35372.16191.9C+B+C-Bm-
SHORT0606083329.670123091990.6640.21562.0422.0E-AB-C+ Bm+
LONG0123091990.660201102941.3647.76878.2280.3C+ Bm+B-C-
S.KOREA ETF
Ishares MSCI SOUTH KOREA ETF EWY
MSE PRIMARY WAVE TREND SIGNALSMC = Market Cyclical
LONG ONLY CUMULATIVE
Cumulative
Initial DatePriceFinal DatePrice% ChangeMSRBuy-HoldWave Signals
AVOID06210222.0611080219.90-9.80.00-9.8C-Bm-D+Am+
LONG11080219.90011703*18.68-6.1-6.1-15.3D+Am+
LONG04170317.9204300425.8544.335.417.2D+ Am+C-Bm-
LONG09100425.2805260646.5484.1149.3111.0C+Al+C-Bm-
LONG09220646.3001250856.6822.4205.2156.9C+A+D-Bl-
AVOID01250856.6803130924.90-56.1205.212.9D-Bl-E+CBm+
LONG03130924.9001291045.4482.5456.9106.0E+CBm+C-Bm-
CUMULATIVE BASIC LONG/SHORT SYSTEMS7.5-YEARS
AVOID06210222.0611080219.900.000.00-9.8C-Bm-D+Am+
LONG11080219.90011703*18.68-6.13-6.13-15.3D+Am+
LONG04170317.9204300425.8544.2535.4117.2D+ Am+C-Bm-
LONG09100425.2805260646.5484.1149.28111.0C+Al+C-Bm-
LONG09220646.3001250856.6822.42205.17156.9C+A+D-Bl-
SHORT03130956.6802060929.5347.90351.3533.9D-Bl-C+ Bm+
LONG03130924.9001291045.4482.49723.67106.0E+CBm+C-Bm-
BRAZIL CHART
INDIA CHART
CHINA CHART
S.KOREA CHART
MBD000743FC.unknown
MBD001D5EB1.unknown
MBD00069DD2.unknown
MBD0006E4D5.unknown
212-422-8040iShares MSCI South Korea ETF
ETF Benchmark 106.0 %MSR Long Only 456.9 %MSR Long Short 723.7 %