Market Summary for July 16, 2008

Markets Snapshot:
NASDAQ BP: 26.99 and is in a column of Os on a BUY signal
NYSE BP: 24.90 and is in a column of Os on a SELL signal

Created Boxes: X - 225 O - 344
New Signals: Buy - 98 Sell - 43
New Reversals: Up - 587 Down - 136
Broke Double: Tops - 46 Bottoms - 87
New: Highs - 20 Lows - 115

Sector Performance
S&P Equal Weight: 3.36%

Bottom Sectors:
Oil: -1.78%
Precious Metals: -1.53%
Oil Service: -0.88%

Top Sectors:
Wall Street: 8.57%
Banks: 7.72%
Savings and Loans: 6.97%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: FISI - Financial Institutions,Inc.


Bear Trap Buy Signal: LXK - Lexmark International, Inc.


Bear Trap Buy Signal: SF - Stifel Financial Corp


Bear Trap Buy Signal: SMTL - Semitool, Inc.


Bear Trap Buy Signal: STBC - State Bancorp, Inc.


Bear Trap Buy Signal: USLM - United States Lime & Minerals, Inc.


Bear Trap Buy Signal: UVT - ProShares - Ultra Russell2000 Value


Bullish Catapult Signal: ONXX - Onyx Pharmaceutical



Sell Signals:
Bearish Catapult Signal: BPT - BP Prudhoe Bay Royalty Trust


Bearish Catapult Signal: GPCB - GPC Biotech Ag.


Bearish Catapult Signal: NSIT - Insight Enterprises Inc


Bearish Catapult Signal: PBR - Petroleo Brasileiro S.A.


Bearish Catapult Signal: RYE - Rydex - S&P Equal Weight Energy


Bearish Catapult Signal: DO - Diamond Offshore Drilling, Inc.


Bearish Catapult Signal: GEL - Genisis Energy


Bearish Catapult Signal: MDR - McDermott International, Inc.


Broke Triple Bottom: BERK - Berkshire Bancorp Inc.


Broke Triple Bottom: SHPGY - Shire Pharmaceuticals Group PLC


Broke Triple Bottom: TNH - Terra Nitrogen Company


Bull Trap Sell Signal: PAAS - Pan American Silver Corp


Bull Trap Sell Signal: SZK - ProShares - UltraShort Consumer Goods


Bull Trap Sell Signal: FE - Firstenergy Corp.