Market Summary for September 02, 2008

Markets Snapshot:
NASDAQ BP: 41.63 and is in a column of Xs on a BUY signal
NYSE BP: 43.91 and is in a column of Xs on a SELL signal

Created Boxes: X - 430 O - 217
New Signals: Buy - 50 Sell - 82
New Reversals: Up - 267 Down - 242
Broke Double: Tops - 98 Bottoms - 70
New: Highs - 43 Lows - 41

Sector Performance
S&P Equal Weight: 0.00%

Bottom Sectors:
Metals Non Ferrous: -6.27%
Precious Metals: -5.72%
Oil: -5.53%

Top Sectors:
Restaurants: 2.37%
Retailing: 1.45%
Textiles and Apparel: 1.27%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Household Goods


Sector Buy Signal: Retailing


Sector Sell Signal: ETF



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CMA - Comerica Incorporated


Bear Trap Buy Signal: CSH - Cash America International, Inc.


Bear Trap Buy Signal: SFNC - Simmons First National Corporation


Bear Trap Buy Signal: ZION - Zions Bancorporation


Broke Triple Top: TXI - Texas Industries Inc


Bullish Catapult Signal: ASCA - Ameristar Casinos Inc


Bullish Catapult Signal: FMCN - Focus Media Holding Limited


Bullish Catapult Signal: MTG - Mgic Investment Corporation


Bullish Catapult Signal: SHW - the Sherwin-Williams Company


Bullish Catapult Signal: URBN - Urban Outfitters, Inc.



Sell Signals:
Bearish Catapult Signal: CPL - CPFL Energia S.A.


Bearish Catapult Signal: GNI - Great Northern Iron Ore Properties


Bearish Catapult Signal: WTI - W&T Offshore, Inc.


Bull Trap Sell Signal: LUFK - Lufkin Industries


Bull Trap Sell Signal: RES - R P C, Inc.