Taiwan Phase Analysis

Another volatile week for the market. Dow had it's shares of wild swings and ended the week up 410.23. Dow is now slightly above its 50 day moving average and according to the defintion of 6 phases, it is now in "Recovery" phase. With most indices still in "Bearish" mode, Dow's performance is actually quite good. One of the more resilient index for this year is the Taiwan TSEC Weighted Index.

Date	Close	Phase	50 DMA	200 DMA
1/2/2008	8323.049805	-2	8686.542969	8674.143555
1/3/2008	8184.200195	-3	8661.375	8676.584961
1/4/2008	8221.099609	-3	8634.431641	8679.091797
1/7/2008	7883.370117	-3	8599.469727	8679.821289
1/8/2008	7962.910156	-3	8562.530273	8680.954102
1/9/2008	8085.060059	-3	8529.072266	8682.594727
1/10/2008	8057.27002	-3	8495.990234	8683.762695
1/11/2008	8029.310059	-3	8464.612305	8684.613281
1/14/2008	8173.410156	-3	8442.618164	8686.09082
1/15/2008	8428.839844	1	8425.023438	8689.008789
1/16/2008	8179.540039	-3	8402.757813	8690.96582
1/17/2008	8101.629883	-3	8378.785156	8692.232422
1/18/2008	8184.649902	-3	8363.726563	8693.733398
1/21/2008	8110.200195	-3	8346.512695	8694.859375
1/22/2008	7581.959961	-3	8324.739258	8693.105469
1/23/2008	7408.399902	-3	8298.363281	8690.124023
1/24/2008	7517.049805	-3	8269.844727	8687.427734
1/25/2008	7739.589844	-3	8246.529297	8685.882813
1/28/2008	7485.790039	-3	8220.949219	8682.889648
1/29/2008	7576.419922	-3	8198.862305	8680.395508
1/30/2008	7543.5	-3	8176.115723	8678.101563
1/31/2008	7521.129883	-3	8156.855469	8675.490234
2/1/2008	7673.990234	-3	8140.347656	8674.063477
2/12/2008	7553.299805	-3	8124.569336	8671.813477
2/13/2008	7550.549805	-3	8105.013672	8670.124023
2/14/2008	7865.279785	-3	8094.804199	8669.737305
2/15/2008	7876.370117	-3	8086.806641	8669.066406
2/19/2008	8024.410156	-3	8078.354492	8668.962891
2/20/2008	7894.470215	-3	8064.515625	8668.511719
2/21/2008	8085.930176	1	8054.557617	8668.941406
2/22/2008	8108.709961	1	8043.706055	8669.738281
2/25/2008	8286.30957	1	8035.893066	8671.793945
2/26/2008	8307.669922	1	8028.158203	8673.817383
2/27/2008	8462.080078	1	8022.952637	8676.495117
2/29/2008	8412.759766	1	8019.24707	8678.228516
3/3/2008	8262.870117	1	8011.737305	8678.96582
3/4/2008	8470.110352	1	8011.323242	8680.837891
3/5/2008	8483.950195	1	8017.242676	8682.994141
3/6/2008	8658.639648	1	8028.053711	8685.802734
3/7/2008	8531.379883	1	8042.064941	8688.301758
3/10/2008	8299.370117	1	8051.904297	8689.646484
3/11/2008	8381.599609	1	8059.250488	8691.679688
3/12/2008	8435.299805	1	8070.814453	8693.912109
3/13/2008	8210.990234	1	8076.205566	8694.77832
3/14/2008	8161.390137	1	8076.723633	8695.414063
3/17/2008	8005.459961	-3	8073.491699	8694.733398
3/18/2008	8057.819824	-3	8071.520508	8694.079102
3/19/2008	8179.350098	1	8068.833008	8693.867188
3/20/2008	8337.620117	1	8067.646973	8694.473633
3/21/2008	8524.990234	1	8068.021484	8696.298828

The index went to "Recovery" phase on 21 Feb 08 and it has been able to stay in "Recovery" mode except for 17 and 18 Mar 08 where the index moved back to "Bearish" phase.

Seems like investors are positive towards the election in Taiwan.