TimingEquity

[teabull]

The decrease in the strength of our TE Index last week was almost entirely due to a decline in our Primary Trend Indicators. This was coupled with slightly lower investor Sentiment readings. These were partially offset by marginally lower long-term interest rates and improved Valuation readings. In conclusion, we believe that the fresh new closing low in the S&P 500 Index for 2008 at 1261.53 pts underscores that a Bear Market in US stocks is the immediate problem at hand.

We wish you continued good luck with your investments in the future.

Sincerely,

Anthony Waller
President
Teabull Asset Timer Ltd
www.timingequity.com