Market Summary for September 19, 2008

Markets Snapshot:
NASDAQ BP: 42.80 and is in a column of Xs on a BUY signal
NYSE BP: 48.53 and is in a column of Xs on a BUY signal

Created Boxes: X - 1149 O - 137
New Signals: Buy - 571 Sell - 53
New Reversals: Up - 1581 Down - 117
Broke Double: Tops - 358 Bottoms - 45
New: Highs - 217 Lows - 69

Sector Performance
S&P Equal Weight: 3.74%

Bottom Sectors:
Protection Safety Equipment: 1.23%
Drugs: 1.56%
Retailing: 1.77%

Top Sectors:
Wall Street: 11.66%
Metals Non Ferrous: 9.77%
Steel and Iron: 9.62%

New Signals
Exchange Signals:
Exchange Buy Signal: NYSE



Sector Signals:
Sector Buy Signal: Building


Sector Buy Signal: Forest Prods and Paper


Sector Buy Signal: Machinery and Tools


Sector Buy Signal: Media


Sector Buy Signal: Metals Non Ferrous


Sector Buy Signal: Real Estate


Sector Buy Signal: Steel and Iron


Sector Buy Signal: Transports - Non Air


Sector Buy Signal: Wall Street



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: ASFI - Asta Funding, Inc.


Bear Trap Buy Signal: CAT - Caterpillar, Inc.


Bear Trap Buy Signal: CME - Chicago Mercantile Exchange


Bear Trap Buy Signal: GCOM - Globecomm Systems Inc


Bear Trap Buy Signal: LXP - Lexington Corp Properties Inc


Bear Trap Buy Signal: OLP - One Liberty Properties, Inc.


Bear Trap Buy Signal: PLUS - Eplus Inc.


Bear Trap Buy Signal: RBCAA - Republic Bancorp, Inc.


Bear Trap Buy Signal: URI - United Rentals, Inc.


Bear Trap Buy Signal: WMG - Warner Music Group Corp.


Bear Trap Buy Signal: WOR - Worthington Industries, Inc.


Broke Triple Top: ACC - American Campus Communities, Inc.


Broke Triple Top: BJRI - BJ'S Restaurants Inc.


Broke Triple Top: CERN - Cerner Corporation


Broke Triple Top: COCO - Corinthian Colleges, Inc.


Broke Triple Top: OUTD - Outdoor Channel Holdings, Inc.


Broke Triple Top: SCSC - Scansource, Inc.


Broke Triple Top: WST - West Pharmaceutical Services, Inc.


Bullish Catapult Signal: FIF - Financial Federal Corp


Bullish Catapult Signal: FPO - First Potomac Realty Trust


Bullish Catapult Signal: FTGX - Fibernet Telecom Group, Inc


Bullish Catapult Signal: HCBK - Hudson City Bancorp, Inc.


Bullish Catapult Signal: MAC - Macerich Co


Bullish Catapult Signal: RCKB - Rockville Financial, Inc.


Bullish Catapult Signal: SCBT - SCBT Financial Corporation


Bullish Catapult Signal: SIVB - SVB Financial Group


Bullish Catapult Signal: SWX - Southwest Gas Corp


Bullish Catapult Signal: UFPI - Universal Forest Products, Inc.


Bullish Catapult Signal: WCN - Waste Connections, Inc.


Breaking 90: BRE - Bre Properties, Inc.


Breaking 90: RMM - Rydex - 2X S&P MIDCAP


Breaking 90: WABC - Westamerica Bancorporation



Sell Signals:
Bearish Catapult Signal: COST - Costco Wholesale Corporation


Bearish Catapult Signal: MNRK - Monarch Financial Holdings, Inc.


Broke Triple Bottom: PDLI - PDL Biopharma Inc.


Bull Trap Sell Signal: NCT - Newcastle Investment Corporation

Market Summary for September 18, 2008

Markets Snapshot:
NASDAQ BP: 35.26 and is in a column of Os on a BUY signal
NYSE BP: 31.65 and is in a column of Os on a SELL signal

Created Boxes: X - 535 O - 1053
New Signals: Buy - 167 Sell - 103
New Reversals: Up - 604 Down - 256
Broke Double: Tops - 156 Bottoms - 167
New: Highs - 86 Lows - 460

Sector Performance
S&P Equal Weight: 5.30%

Bottom Sectors:
Precious Metals: 1.75%
Chemicals: 2.17%
Drugs: 2.52%

Top Sectors:
Banks: 10.66%
Savings and Loans: 9.01%
Real Estate: 8.84%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: BC - Brunswick Corporation


Bear Trap Buy Signal: CATM - Cardtronics, Inc.


Bear Trap Buy Signal: CLMT - Calumet Specialty Products Partners, L.P


Bear Trap Buy Signal: CYMI - Cymer, Inc.


Bear Trap Buy Signal: MNT - Mentor Corporation


Bear Trap Buy Signal: MXIM - Maxim Integrated Products, Inc.


Bear Trap Buy Signal: OHI - Omega Healthcare Investors


Bear Trap Buy Signal: SYX - Systemax


Broke Triple Top: HTBK - Heritage Commerce Corp


Broke Triple Top: NFP - National Financial Partners Corporation


Bullish Catapult Signal: BCR - C.R. Bard, Inc.


Bullish Catapult Signal: EWBC - East West Bancorp, Inc.


Bullish Catapult Signal: FCF - 1ST Commonwealth Fincl. Corp


Bullish Catapult Signal: IDXX - Idexx Laboratories, Inc.


Bullish Catapult Signal: MET - Metlife, Inc.


Bullish Catapult Signal: TR - Tootsie Roll Industries Inc


Breaking 90: GHL - Greenhill & Co.


Breaking 90: SFK - ProShares - UltraShort Russell1000 Growth



Sell Signals:
Bearish Catapult Signal: BLL - Ball Corporation


Bearish Catapult Signal: GETI - Gentek Inc.


Bearish Catapult Signal: GOL - Gol Intelligent Airlines Inc.


Bearish Catapult Signal: ITW - Illinois Tool Works Inc.


Bearish Catapult Signal: NOVL - Novell, Inc.


Bearish Catapult Signal: SEIC - Sei Investments Company


Broke Triple Bottom: ASFI - Asta Funding, Inc.


Broke Triple Bottom: FDEF - First Defiance Financial Corp.


Broke Triple Bottom: LXP - Lexington Corp Properties Inc


Broke Triple Bottom: WLP - Wellpoint, Inc.


Broke Triple Bottom: WOR - Worthington Industries, Inc.


Bull Trap Sell Signal: MDR - McDermott International, Inc.


Bull Trap Sell Signal: USG - Usg Corp