Market Summary for 2/4/2008

Markets Snapshot:
NASDAQ BP: 26.75 and is in a column of Xs on a SELL signal
NYSE BP: 34.19 and is in a column of Xs on a SELL signal

Created Boxes: X - 468 O - 60
New Signals: Buy - 69 Sell - 9
New Reversals: Up - 166 Down - 135
Broke Double: Tops - 31 Bottoms - 0

Sector Performance Yesterday
S&P Equal Weight: -1.25%

Bottom Sectors:
Gaming: -2.84%
Textiles and Apparel: -2.40%
Retailing: -2.39%
Restaurants: -2.34%

Top Sectors:
Utilities - Electrical: 1.42%
Utilities - Gas: 0.98%
Oil: 0.87%
Oil Service: 0.64%

New Signals
Sector Signals:
Sector Buy Signal: Finance


Stock Signals:
Broke Triple Top: EFUT


Bear Trap Buy Signal: IWA


Bear Trap Buy Signal: SRP


Bearish Catapult Signal: WMCO


Bull Trap Sell Signal: BSC


Bull Trap Sell Signal: GFIG


Bull Trap Sell Signal: UHAL