Market Summary for May 29, 2008

Markets Snapshot:
NASDAQ BP: 42.38 and is in a column of Xs on a BUY signal
NYSE BP: 50.10 and is in a column of Os on a BUY signal

Created Boxes: X - 340 O - 116
New Signals: Buy - 33 Sell - 15
New Reversals: Up - 194 Down - 58
Broke Double: Tops - 59 Bottoms - 19
New: Highs - 54 Lows - 24

Sector Performance
S&P Equal Weight: 0.65%

Bottom Sectors:
Precious Metals: -2.96%
Metals Non Ferrous: -2.05%
Transports - Non Air: -1.98%

Top Sectors:
Biomedics and Genetics: 2.20%
Gaming: 1.95%
Forest Prods and Paper: 1.39%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: STT - State Street Corporation


Bear Trap Buy Signal: URBN - Urban Outfitters, Inc.


Bullish Catapult Signal: BEXP - Brigham Exploration Co.


Bullish Catapult Signal: BLK - Blackrock, Inc.


Bullish Catapult Signal: LSTR - Landstar System, Inc.


Bullish Catapult Signal: NUVA - Nuvasive, Inc.



Sell Signals:
Bearish Catapult Signal: UBMI.OB - United Bancorp, Inc. Michigan


Bull Trap Sell Signal: STE - Steris Corporation