Market Summary for August 04, 2008

Markets Snapshot:
NASDAQ BP: 35.78 and is in a column of Xs on a BUY signal
NYSE BP: 34.73 and is in a column of Xs on a SELL signal

Created Boxes: X - 144 O - 423
New Signals: Buy - 18 Sell - 79
New Reversals: Up - 92 Down - 299
Broke Double: Tops - 23 Bottoms - 125
New: Highs - 19 Lows - 94

Sector Performance
S&P Equal Weight: -0.78%

Bottom Sectors:
Steel and Iron: -5.88%
Metals Non Ferrous: -5.56%
Oil: -5.35%

Top Sectors:
Drugs: 0.50%
Protection Safety Equipment: 0.41%
Restaurants: 0.05%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Utilities - Gas



Stock Signals:

Buy Signals:
None

Sell Signals:
Bearish Catapult Signal: ATI - Allegheny Technologies, Inc.


Bearish Catapult Signal: DRCO - Dynamics Research Corporation


Bearish Catapult Signal: EPE - Enterprise GP Holdings L.P.


Bearish Catapult Signal: EWZ - iShares - MSCI Brazil Index


Bearish Catapult Signal: SPN - Superior Energy Services Inc.


Bearish Catapult Signal: CPY - Cpi Corp.


Broke Triple Bottom: RRC - Range Resources Corp


Bull Trap Sell Signal: GAF - SPDR S&P Emerging Middle East & Africa


Bull Trap Sell Signal: HSC - Harsco Corp


Bull Trap Sell Signal: NAT - Nordic American Tanker Shipping LTD.