Market Summary for September 09, 2008

Markets Snapshot:
NASDAQ BP: 38.58 and is in a column of Xs on a BUY signal
NYSE BP: 39.67 and is in a column of Os on a SELL signal

Created Boxes: X - 210 O - 647
New Signals: Buy - 31 Sell - 67
New Reversals: Up - 136 Down - 436
Broke Double: Tops - 52 Bottoms - 107
New: Highs - 20 Lows - 270

Sector Performance
S&P Equal Weight: -3.69%

Bottom Sectors:
Precious Metals: -9.07%
Steel and Iron: -7.78%
Oil: -7.69%

Top Sectors:
Household Goods: -0.98%
Textiles and Apparel: -1.04%
Healthcare: -1.18%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Electronics


Sector Sell Signal: Internet


Sector Sell Signal: Waste Management



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CAL - Continental Airlines B


Bear Trap Buy Signal: WSO - Watsco Inc



Sell Signals:
Bearish Catapult Signal: BGH - Buckeye GP Holdings LP


Bearish Catapult Signal: EBAY - Ebay Inc.


Bearish Catapult Signal: MARPS - Marine Petroleum Trust


Bearish Catapult Signal: MDM - Mountain Province Diamonds Inc.


Bearish Catapult Signal: TRR - TRC Companies Inc


Bearish Catapult Signal: TTMI - TTM Technologies, Inc.


Bearish Catapult Signal: USAP - Universal Stainless & Alloy


Bearish Catapult Signal: CH - Chile Fund Inc


Bearish Catapult Signal: FAM - First Trust/Aberdeen Global Opportunity


Bearish Catapult Signal: VSNT - Versant Corporation


Broke Triple Bottom: EEP - Enbridge Energy Partners, L.P.


Broke Triple Bottom: TRP - Transcanada Corporation


Bull Trap Sell Signal: CM - Canadian Imperial Bank of Commerce


Bull Trap Sell Signal: FTO - Frontier Oil


Bull Trap Sell Signal: HIG - the Hartford Financial Services Group


Bull Trap Sell Signal: JPM - J.P. Morgan Chase & Co.


Bull Trap Sell Signal: TSO - Tesoro Corporation


Bull Trap Sell Signal: UVU - ProShares - Ultra Russell MidCap Value


Bull Trap Sell Signal: UYG - ProShares - Ultra Financials