Market Summary for July 30, 2008

Markets Snapshot:
NASDAQ BP: 35.67 and is in a column of Xs on a BUY signal
NYSE BP: 37.08 and is in a column of Xs on a SELL signal

Created Boxes: X - 443 O - 157
New Signals: Buy - 107 Sell - 24
New Reversals: Up - 405 Down - 121
Broke Double: Tops - 99 Bottoms - 27
New: Highs - 42 Lows - 52

Sector Performance
S&P Equal Weight: 1.18%

Bottom Sectors:
Leisure: -1.13%
Drugs: -0.93%
Gaming: -0.67%

Top Sectors:
Oil: 5.08%
Oil Service: 4.35%
Steel and Iron: 3.35%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Chemicals



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: ITW - Illinois Tool Works Inc.


Bear Trap Buy Signal: PDA - Perdigao S.A.


Bear Trap Buy Signal: SPN - Superior Energy Services Inc.


Bear Trap Buy Signal: STP - Suntech Power Holdings Adr


Broke Triple Top: IDSA - Industrial Services of America, Inc.


Broke Triple Top: Y - Alleghany Corp


Bullish Catapult Signal: MDVN - Medivation, Inc.


Breaking 90: ALXN - Alexion Pharmaceuticals



Sell Signals:
Bull Trap Sell Signal: BBOX - Black Box Corporation