Market Summary for February 28, 2008

Markets Snapshot:
NASDAQ BP: 30.77 and is in a column of Xs on a SELL signal
NYSE BP: 41.82 and is in a column of Xs on a SELL signal

Created Boxes: X - 225 O - 153
New Signals: Buy - 21 Sell - 19
New Reversals: Up - 87 Down - 170
Broke Double: Tops - 28 Bottoms - 42
New: Highs - 45 Lows - 55

Sector Performance Yesterday
S&P Equal Weight: -1.43%

Bottom Sectors:
Gaming: -3.46%
Semiconductors: -2.35%
Wall Street: -2.27%

Top Sectors:
Precious Metals: 1.31%
Oil: 1.31%
Oil Service: 0.88%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: HLND


Bear Trap Buy Signal: ROG


Broke Triple Top: MDS


Bullish Catapult Signal: TCN



Sell Signals:
Bearish Catapult Signal: ABCW


Bull Trap Sell Signal: ARE


Bull Trap Sell Signal: ESS


Bull Trap Sell Signal: IWA

Market Summary for February 27, 2008

Markets Snapshot:
NASDAQ BP: 30.59 and is in a column of Xs on a SELL signal
NYSE BP: 41.94 and is in a column of Xs on a SELL signal

Created Boxes: X - 371 O - 77
New Signals: Buy - 65 Sell - 8
New Reversals: Up - 150 Down - 89
Broke Double: Tops - 77 Bottoms - 14
New: Highs - 32 Lows - 34

Sector Performance Yesterday
S&P Equal Weight: -0.27%

Bottom Sectors:
Gaming: -1.20%
Oil Service: -1.12%
Utilities - Electrical: -1.09%

Top Sectors:
Precious Metals: 1.77%
Internet: 1.49%
Semiconductors: 0.72%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: SJH


Broke Triple Top: BHP


Broke Triple Top: RTP


Bullish Catapult Signal: CTTAY



Sell Signals:
Bull Trap Sell Signal: UXI

Market Summary for February 26, 2008

Markets Snapshot:
NASDAQ BP: 29.61 and is in a column of Xs on a SELL signal
NYSE BP: 40.45 and is in a column of Xs on a SELL signal

Created Boxes: X - 625 O - 95
New Signals: Buy - 92 Sell - 14
New Reversals: Up - 265 Down - 41
Broke Double: Tops - 131 Bottoms - 21
New: Highs - 65 Lows - 28

Sector Performance Yesterday
S&P Equal Weight: 0.93%

Bottom Sectors:
Internet: -0.59%
Metals Non Ferrous: 0.01%
Healthcare: 0.07%

Top Sectors:
Restaurants: 2.36%
Textiles and Apparel: 2.13%
Steel and Iron: 1.90%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Autos and Parts


Sector Buy Signal: Machinery and Tools


Sector Buy Signal: Oil Service



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: ACE


Bear Trap Buy Signal: MNRO


Bear Trap Buy Signal: TBL


Broke Triple Top: ACF


Broke Triple Top: TMB


Bullish Catapult Signal: ESV


Bullish Catapult Signal: GES


Bullish Catapult Signal: OXY


Bullish Catapult Signal: RBN



Sell Signals:
Bearish Catapult Signal: GAP


Broke Triple Bottom: GNRL

Market Summary for February 25, 2008

Markets Snapshot:
NASDAQ BP: 28.58 and is in a column of Xs on a SELL signal
NYSE BP: 37.88 and is in a column of Xs on a SELL signal

Created Boxes: X - 319 O - 98
New Signals: Buy - 66 Sell - 23
New Reversals: Up - 267 Down - 70
Broke Double: Tops - 60 Bottoms - 26
New: Highs - 40 Lows - 25

Sector Performance Yesterday
S&P Equal Weight: 1.64%

Bottom Sectors:
Internet: -0.75%
Precious Metals: 0.33%
Savings and Loans: 0.36%

Top Sectors:
Chemicals: 3.08%
Real Estate: 2.75%
Biomedics and Genetics: 2.69%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: IHS


Bear Trap Buy Signal: RUS


Bear Trap Buy Signal: SAA


Bear Trap Buy Signal: URE



Sell Signals:
Bearish Catapult Signal: SMSI


Bearish Catapult Signal: GRT


Bull Trap Sell Signal: RXD


Bull Trap Sell Signal: SDD


Bull Trap Sell Signal: SJH


Bull Trap Sell Signal: SKF

System Upgrade

I have made significant updates to the P&F System that will require the entire history to be re-created. It will take several days to complete so I am taking the weekend to get it finished. Expect the next update to be next Tuesday and look for improved reporting on signals at that time.

Market Summary for February 20, 2008

Markets Snapshot:
NASDAQ BP: 28.23 and is in a column of Xs on a SELL signal
NYSE BP: 35.30 and is in a column of Xs on a SELL signal

Created Boxes: X - 229 O - 243
New Signals: Buy - 37 Sell - 31
New Reversals: Up - 87 Down - 164
Broke Double: Tops - 52 Bottoms - 44
New: Highs - 26 Lows - 54

Sector Performance Yesterday
S&P Equal Weight: 1.16%

Bottom Sectors:
Biomedics and Genetics: -1.07%
Drugs: -0.45%

Top Sectors:
Precious Metals: 2.24%
Wall Street: 2.02%
Forest Prods and Paper: 1.86%
Building: 1.81%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: LRCX


Bear Trap Buy Signal: TGP


Broke Triple Top: MT



Sell Signals:
Bearish Catapult Signal: SINT


Bull Trap Sell Signal: MC


Bull Trap Sell Signal: EML


Bull Trap Sell Signal: BRP

Market Summary for February 19, 2008

Markets Snapshot:
NASDAQ BP:28.24 and is in a column of Xs on a SELL signal
NYSE BP:35.05 and is in a column of Xs on a SELL signal

Created Boxes: X - 305 O - 182
New Signals: Buy - 53 Sell - 10
New Reversals: Up - 196 Down - 81
Broke Double: Tops - 56 Bottoms - 31

Sector Performance Yesterday
S&P Equal Weight: 0.00%

Bottom Sectors:
Internet: -2.06%
Wall Street: -1.93%
Semiconductors: -1.04%

Top Sectors:
Precious Metals: 4.55%
Metals Non Ferrous: 3.89%
Oil: 2.38%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: PLPC


Broke Triple Top: BRP


Bullish Catapult Signal: CF



Sell Signals:
Bearish Catapult Signal: ATX


Bearish Catapult Signal: UHAL