Market Summary for August 19, 2008

Markets Snapshot:
NASDAQ BP: 41.11 and is in a column of Xs on a BUY signal
NYSE BP: 41.04 and is in a column of Xs on a SELL signal

Created Boxes: X - 65 O - 454
New Signals: Buy - 16 Sell - 84
New Reversals: Up - 58 Down - 353
Broke Double: Tops - 17 Bottoms - 111
New: Highs - 8 Lows - 89

Sector Performance
S&P Equal Weight: -1.40%

Bottom Sectors:
Gaming: -4.91%
Restaurants: -2.87%
Leisure: -2.56%

Top Sectors:
Oil: 2.49%
Oil Service: 1.37%
Metals Non Ferrous: 1.17%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: SDK - ProShares - UltraShort Russell MidCap Growth


Bear Trap Buy Signal: XLE - Energy Select Sector SPDR



Sell Signals:
Bearish Catapult Signal: BAP - Credicorp Limited


Bearish Catapult Signal: EXLP - Universal Compression Partners, L. P.


Bearish Catapult Signal: WB - Wachovia Corporation


Broke Triple Bottom: AMB - Amb Property Corporation


Broke Triple Bottom: NXTM - Nxstage Medical, Inc.


Bull Trap Sell Signal: NAV - Navistar International Corporation


Bull Trap Sell Signal: PWR - Quanta Services, Inc.


Bull Trap Sell Signal: TECH - Techne Corporation