Market Summary for August 29, 2008

Markets Snapshot:
NASDAQ BP: 42.03 and is in a column of Xs on a BUY signal
NYSE BP: 44.82 and is in a column of Xs on a SELL signal

Created Boxes: X - 168 O - 71
New Signals: Buy - 24 Sell - 11
New Reversals: Up - 95 Down - 61
Broke Double: Tops - 43 Bottoms - 14
New: Highs - 8 Lows - 20

Sector Performance
S&P Equal Weight: -1.03%

Bottom Sectors:
Forest Prods and Paper: -1.70%
Internet: -1.54%
Computers: -1.54%

Top Sectors:
Gaming: -0.08%
Steel and Iron: -0.11%
Savings and Loans: -0.13%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Building


Sector Buy Signal: Wall Street



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CFI - Culp Inc


Bear Trap Buy Signal: FTBK - Frontier Financial Corporation


Broke Triple Top: RL - Polo Ralph Lauren Corporation


Bullish Catapult Signal: CLF - Cleveland-Cliffs Inc



Sell Signals:
None