Market Summary for May 22, 2008

Markets Snapshot:
NASDAQ BP: 42.64 and is in a column of Xs on a BUY signal
NYSE BP: 52.18 and is in a column of Xs on a BUY signal

Created Boxes: X - 128 O - 213
New Signals: Buy - 18 Sell - 51
New Reversals: Up - 59 Down - 202
Broke Double: Tops - 21 Bottoms - 45
New: Highs - 24 Lows - 32

Sector Performance
S&P Equal Weight: 0.27%

Bottom Sectors:
Oil Service: -1.05%
Transports - Non Air: -0.94%
Internet: -0.93%

Top Sectors:
Savings and Loans: 1.27%
Biomedics and Genetics: 1.17%
Retailing: 1.09%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: FMD - the First Marblehead Corporation


Bear Trap Buy Signal: TNE - Tele Norte Leste Participacoes


Broke Triple Top: WHG - Westwood Holdings Group, Inc.


Bullish Catapult Signal: POWL - Powell Industries, Inc.



Sell Signals:
Broke Triple Bottom: EMS - Emergency Medical Services Limited Partn


Broke Triple Bottom: WTBA - West Bancorporation


Bull Trap Sell Signal: ACH - Aluminum Corporation of China Limited.


Bull Trap Sell Signal: AKS - AK Steel Holding Corporation


Bull Trap Sell Signal: BEN - Franklin Resources, Inc.