Market Summary for May 06, 2008

Markets Snapshot:
NASDAQ BP: 41.46 and is in a column of Xs on a BUY signal
NYSE BP: 50.40 and is in a column of Xs on a BUY signal

Created Boxes: X - 369 O - 149
New Signals: Buy - 68 Sell - 11
New Reversals: Up - 127 Down - 137
Broke Double: Tops - 92 Bottoms - 27
New: Highs - 71 Lows - 39

Sector Performance
S&P Equal Weight: 0.96%

Bottom Sectors:
Waste Management: -0.68%
Restaurants: -0.52%
Drugs: -0.30%

Top Sectors:
Oil: 3.17%
Precious Metals: 2.40%
Oil Service: 2.06%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: SPC - Spectrum Brands


Bullish Catapult Signal: OIL - Ipath Goldman Sachs Crude Oil Etn


Bullish Catapult Signal: NE - Noble Corporation


Breaking 90: CNQ - Canadian Natural Resources LTD.


Breaking 90: CNX - Consol Energy Inc.



Sell Signals:
Bearish Catapult Signal: GHL - Greenhill & Co.


Bearish Catapult Signal: WTW - Weight Watchers International, Inc.


Bull Trap Sell Signal: TIF - Tiffany & Co.


Bull Trap Sell Signal: WINN - Winn-Dixie Stores, Inc.


Bull Trap Sell Signal: WLL - Whiting Petroleum Corporation