Saturday, September 13, 2008

Market Summary for September 12, 2008

Markets Snapshot:
NASDAQ BP: 37.82 and is in a column of Os on a BUY signal
NYSE BP: 38.54 and is in a column of Os on a SELL signal

Created Boxes: X - 202 O - 154
New Signals: Buy - 39 Sell - 14
New Reversals: Up - 388 Down - 80
Broke Double: Tops - 30 Bottoms - 27
New: Highs - 10 Lows - 63

Sector Performance
S&P Equal Weight: 0.43%

Bottom Sectors:
Restaurants: -5.47%
Wall Street: -1.30%
Biomedics and Genetics: -1.19%

Top Sectors:
Precious Metals: 10.09%
Steel and Iron: 6.03%
Forest Prods and Paper: 5.36%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: BWA - Borgwarner Inc.


Bear Trap Buy Signal: CRL - Charles River Lab. Internat'l, Inc.


Bear Trap Buy Signal: ETN - Eaton Corporation


Bear Trap Buy Signal: NOOF - New Frontier Media, Inc.


Bear Trap Buy Signal: PKX - Posco Adr


Bullish Catapult Signal: UMPQ - Umpqua Holding Corporation



Sell Signals:
Bearish Catapult Signal: WINS - SM&A


Bearish Catapult Signal: EEI - Ecology and Environment, Inc.


Broke Triple Bottom: LEE - Lee Enterprises Inc


Bull Trap Sell Signal: PLUS - Eplus Inc.


Bull Trap Sell Signal: PNRG - Primeenergy Corporation



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