Market Summary for November 06, 2008

Markets Snapshot:
NASDAQ BP: 29.89 and is in a column of Xs on a BUY signal
NYSE BP: 39.37 and is in a column of Xs on a BUY signal

Created Boxes: X - 1620 O - 2695
New Signals: Buy - 0 Sell - 0
New Reversals: Up - 251 Down - 194
Broke Double: Tops - 34 Bottoms - 145
New: Highs - 0 Lows - 155

Sector Performance
S&P Equal Weight: -4.85%

Bottom Sectors:
Steel and Iron: -7.77%
Leisure: -7.15%
Oil Service: -6.66%

Top Sectors:
Biomedics and Genetics: 1.11%
Building: -0.53%
Healthcare: -0.63%

Sector RS Wins vs Market for week:
Building: 4
Business Products: 4
Waste Management: 4
Savings and Loans: 4
Insurance: 4
Household Goods: 4
Healthcare: 4
Drugs: 4
Computers: 4
Chemicals: 4
Biomedics and Genetics: 4
Aerospace Airline: 4
Autos and Parts: 3
Media: 3
Banks: 3
Forest Prods and Paper: 3
Foods Beverages and Soap: 3
Finance: 3
Software: 3
Protection Safety Equipment: 3
Precious Metals: 3
Retailing: 3
Restaurants: 3
Utilities - Electrical: 3
Textiles and Apparel: 3
Telephone: 3
Wall Street: 3
Metals Non Ferrous: 3
Oil: 3
Utilities - Gas: 2
Internet: 2
Leisure: 2
Steel and Iron: 2
Transports - Non Air: 2
Real Estate: 2
Oil Service: 2
Gaming: 2
Electronics: 2
Machinery and Tools: 2
Semiconductors: 1

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
None

Sell Signals:
Bearish Catapult Signal: ARTC - Arthrocare Corp


Bearish Catapult Signal: CNW - Con-Way Inc.


Bearish Catapult Signal: GEL - Genisis Energy


Bearish Catapult Signal: IFF - International Flavors & Fragrances Inc.


Broke Triple Bottom: JNJ - Johnson & Johnson


Broke Triple Bottom: NHP - Nationwide Health Properties


Bull Trap Sell Signal: ACTL - Actel Corporation


Bull Trap Sell Signal: BANR - Banner Corporation


Bull Trap Sell Signal: CBS - CBS Corporation


Bull Trap Sell Signal: CMCSA - Comcast Corporation


Bull Trap Sell Signal: CVA - Covanta Holding Corporation


Bull Trap Sell Signal: KNBWY - Kirin Brewery Company, Limited


Bull Trap Sell Signal: KSWS - K Swiss Inc


Bull Trap Sell Signal: MCCC - Mediacom Communications Corporation


Bull Trap Sell Signal: MPWR - Monolithic Power Systems Inc.


Bull Trap Sell Signal: PCAP - Patriot Capital Funding, Inc.


Bull Trap Sell Signal: PFE - Pfizer Inc.


Bull Trap Sell Signal: RIMG - Rimage Corp


Bull Trap Sell Signal: RMBS - Rambus Inc.


Bull Trap Sell Signal: SPTN - Spartan Stores, Inc.


Bull Trap Sell Signal: TEVA - Teva Pharmaceutical Industries Limited


Bull Trap Sell Signal: TRGT - Targacept Inc.


Bull Trap Sell Signal: UNS - Unisource


Bull Trap Sell Signal: UTF - Cohen & Steers Select Utility Fund Inc.


Bull Trap Sell Signal: UTR - Unitrin Inc