Market Summary for May 19, 2008

Markets Snapshot:
NASDAQ BP: 43.55 and is in a column of Xs on a BUY signal
NYSE BP: 54.76 and is in a column of Xs on a BUY signal

Created Boxes: X - 522 O - 107
New Signals: Buy - 61 Sell - 10
New Reversals: Up - 127 Down - 83
Broke Double: Tops - 97 Bottoms - 21
New: Highs - 135 Lows - 30

Sector Performance
S&P Equal Weight: -0.10%

Bottom Sectors:
Gaming: -1.39%
Chemicals: -1.30%
Restaurants: -1.23%

Top Sectors:
Precious Metals: 1.46%
Oil: 1.02%
Utilities - Electrical: 0.88%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: HUGH - Hughes Communications, Inc.


Bear Trap Buy Signal: RBI - Collegiate Pacific, Inc.


Bear Trap Buy Signal: TLEO - Taleo Corporation


Broke Triple Top: ACH - Aluminum Corporation of China Limited.


Broke Triple Top: DVN - Devon Energy Corporation


Broke Triple Top: EOG - Eog Resources, Inc.


Broke Triple Top: PACR - Pacer International,Inc.


Bullish Catapult Signal: AIP - American Israeli Paper Mills LTD.


Bullish Catapult Signal: FLR - Fluor Corporation


Bullish Catapult Signal: XEC - Cimarex Energy Co.


Bullish Catapult Signal: DNR - Denbury Resources Inc.


Bullish Catapult Signal: FST - Forest Oil Corporation


Bullish Catapult Signal: UPW - ProShares - Ultra Utilities


Breaking 90: ARA - Aracruz Celulose Adr



Sell Signals:
Bearish Catapult Signal: SDP - ProShares - UltraShort Utilities


Broke Triple Bottom: MFSF - Mutual First Financial Inc.


Bull Trap Sell Signal: KRSL - Kreisler Manufacturing Corporation.


Bull Trap Sell Signal: LVS - Las Vegas Sands Corp.


Bull Trap Sell Signal: UBA - Urstadt Biddle Properties