Market Summary for September 04, 2008

Markets Snapshot:
NASDAQ BP: 40.10 and is in a column of Xs on a BUY signal
NYSE BP: 40.34 and is in a column of Xs on a SELL signal

Created Boxes: X - 77 O - 710
New Signals: Buy - 18 Sell - 93
New Reversals: Up - 52 Down - 325
Broke Double: Tops - 21 Bottoms - 145
New: Highs - 7 Lows - 172

Sector Performance
S&P Equal Weight: -3.12%

Bottom Sectors:
Steel and Iron: -6.58%
Wall Street: -4.68%
Machinery and Tools: -4.58%

Top Sectors:
Utilities - Electrical: -1.59%
Oil Service: -1.66%
Drugs: -1.77%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Oil


Sector Sell Signal: Steel and Iron



Stock Signals:

Buy Signals:
Breaking 90: EUM - ProShares - Short MSCI Emerging Markets Index



Sell Signals:
Bearish Catapult Signal: ATMI - Atmi, Inc.


Bearish Catapult Signal: CIR - Circor International, Inc.


Bearish Catapult Signal: XOM - Exxon Mobil Corporation


Bearish Catapult Signal: ETR - Entergy Corporation


Broke Triple Bottom: AMZN - Amazon.Com Inc.


Broke Triple Bottom: OSG - Overseas Shipholding GRP Inc


Bull Trap Sell Signal: LTM - Life Time Fitness, Inc.


Bull Trap Sell Signal: MDC - M.D.C. Holdings, Inc.


Bull Trap Sell Signal: RHS - Rydex - S&P Equal Weight Consumer Staples


Bull Trap Sell Signal: WSC - Wesco Financial Corp.


Bull Trap Sell Signal: DHI - D.R. Horton, Inc.


Bull Trap Sell Signal: DLLR - Dollar Financial Corp