Market Summary for July 29, 2008

Markets Snapshot:
NASDAQ BP: 34.85 and is in a column of Xs on a BUY signal
NYSE BP: 34.13 and is in a column of Xs on a SELL signal

Created Boxes: X - 249 O - 188
New Signals: Buy - 37 Sell - 24
New Reversals: Up - 223 Down - 164
Broke Double: Tops - 43 Bottoms - 32
New: Highs - 19 Lows - 49

Sector Performance
S&P Equal Weight: 2.84%

Bottom Sectors:
Oil: -1.26%
Precious Metals: -0.92%
Oil Service: -0.75%

Top Sectors:
Wall Street: 6.14%
Gaming: 4.66%
Banks: 4.42%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Steel and Iron



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: ABFS - Arkansas Best Corporation


Bullish Catapult Signal: WLB - Westmoreland Coal Company



Sell Signals:
Bearish Catapult Signal: ANZBY - Australia & New Zealand BNK Ads


Bearish Catapult Signal: MEDQ.PK - Medquist Inc.


Bearish Catapult Signal: ZONS - Zones, Inc.


Bull Trap Sell Signal: CORS - Corus Bankshares Inc


Bull Trap Sell Signal: ONFC - Oneida Financial Corp.


Bull Trap Sell Signal: TWIN - Twin Disc, Incorporated