Wednesday, March 26, 2008

Market Summary for March 25, 2008

Markets Snapshot:
NASDAQ BP: 29.54 and is in a column of Xs on a SELL signal
NYSE BP: 34.39 and is in a column of Xs on a SELL signal

Created Boxes: X - 475 O - 71
New Signals: Buy - 67 Sell - 5
New Reversals: Up - 273 Down - 73
Broke Double: Tops - 78 Bottoms - 8
New: Highs - 18 Lows - 24

Sector Performance
S&P Equal Weight: 0.34%

Bottom Sectors:
Internet: -0.42%
Drugs: -0.16%
Retailing: -0.09%

Top Sectors:
Precious Metals: 3.68%
Machinery and Tools: 3.31%
Steel and Iron: 2.95%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Software


Sector Buy Signal: Waste Management



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: NWPX - Northwest Pipe Company


Bear Trap Buy Signal: PRSC - Providence Service Corporation


Bear Trap Buy Signal: VELC - Velcro Industries N.V.


Bear Trap Buy Signal: VMED - Virgin Media Inc.


Bullish Catapult Signal: RSC - Rex Stores Corp


Bullish Catapult Signal: ODFL - Old Dominion Freight Line, Inc.



Sell Signals:
None

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