2012/05/17 www.theetfbully.com issues new SELL SIGNAL for international equity funds

On Friday May 18, 2012 a new SELL SIGNAL for international equity funds was published in the weekly StatSheet at www.theetfbully.com. The International TTI crossed below its long-term trend line signaling a ‘Sell’ as announced, in effect as of May 15, 2012:

Sell:  International Equity Funds / ETFs

Please read ALL the important comments of the signal author, Ulli the ETF BULLY at http://www.theetfbully.com/. Specifically, Ulli notes in his post: "... this only applies to “broadly diversified international equity ETFs/mutual funds."