Market Summary for August 19, 2008

Markets Snapshot:
NASDAQ BP: 41.11 and is in a column of Xs on a BUY signal
NYSE BP: 41.04 and is in a column of Xs on a SELL signal

Created Boxes: X - 65 O - 454
New Signals: Buy - 16 Sell - 84
New Reversals: Up - 58 Down - 353
Broke Double: Tops - 17 Bottoms - 111
New: Highs - 8 Lows - 89

Sector Performance
S&P Equal Weight: -1.40%

Bottom Sectors:
Gaming: -4.91%
Restaurants: -2.87%
Leisure: -2.56%

Top Sectors:
Oil: 2.49%
Oil Service: 1.37%
Metals Non Ferrous: 1.17%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: SDK - ProShares - UltraShort Russell MidCap Growth


Bear Trap Buy Signal: XLE - Energy Select Sector SPDR



Sell Signals:
Bearish Catapult Signal: BAP - Credicorp Limited


Bearish Catapult Signal: EXLP - Universal Compression Partners, L. P.


Bearish Catapult Signal: WB - Wachovia Corporation


Broke Triple Bottom: AMB - Amb Property Corporation


Broke Triple Bottom: NXTM - Nxstage Medical, Inc.


Bull Trap Sell Signal: NAV - Navistar International Corporation


Bull Trap Sell Signal: PWR - Quanta Services, Inc.


Bull Trap Sell Signal: TECH - Techne Corporation

Market Summary for August 18, 2008

Markets Snapshot:
NASDAQ BP: 42.33 and is in a column of Xs on a BUY signal
NYSE BP: 43.23 and is in a column of Xs on a SELL signal

Created Boxes: X - 162 O - 169
New Signals: Buy - 23 Sell - 20
New Reversals: Up - 76 Down - 206
Broke Double: Tops - 31 Bottoms - 32
New: Highs - 14 Lows - 38

Sector Performance
S&P Equal Weight: -1.75%

Bottom Sectors:
Gaming: -4.59%
Wall Street: -3.76%
Insurance: -2.31%

Top Sectors:
Precious Metals: 1.70%
Utilities - Electrical: 0.16%
Protection Safety Equipment: -0.11%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: PNM - Public Service of New Mexico


Bear Trap Buy Signal: TRR - TRC Companies Inc


Broke Triple Top: NAV - Navistar International Corporation


Bullish Catapult Signal: PCP - Precision Castparts Corp.



Sell Signals:
Bearish Catapult Signal: GMF - SPDR S&P Emerging Asia Pacific


Broke Triple Bottom: PVFC - PVF Capital Corp.


Broke Triple Bottom: SPIR - Spire Corporation


Bull Trap Sell Signal: CSWC - Capital Southwest Cororation


Bull Trap Sell Signal: KCLI - Kansas City Life Insurance Company


Bull Trap Sell Signal: KND - Kindred Healthcare, Inc.


Bull Trap Sell Signal: LEA - Lear Corporation


Bull Trap Sell Signal: PRK - Park National Corp

Market Summary for August 15, 2008

Markets Snapshot:
NASDAQ BP: 42.47 and is in a column of Xs on a BUY signal
NYSE BP: 42.87 and is in a column of Xs on a SELL signal

Created Boxes: X - 452 O - 125
New Signals: Buy - 42 Sell - 14
New Reversals: Up - 148 Down - 141
Broke Double: Tops - 62 Bottoms - 20
New: Highs - 37 Lows - 36

Sector Performance
S&P Equal Weight: 0.78%

Bottom Sectors:
Precious Metals: -3.28%
Steel and Iron: -2.82%
Oil: -2.22%

Top Sectors:
Retailing: 1.41%
Savings and Loans: 1.21%
Aerospace Airline: 1.11%

New Signals
No new Exchange signals

No new Sector signals

Stock Signals:

Buy Signals:
Bear Trap Buy Signal: CERS - Cerus Corp.


Bullish Catapult Signal: MCCC - Mediacom Communications Corporation


Bullish Catapult Signal: HSC - Harsco Corp



Sell Signals:
Bearish Catapult Signal: NADX - National Dentex Corp

Market Summary for August 14, 2008

Markets Snapshot:
NASDAQ BP: 41.96 and is in a column of Xs on a BUY signal
NYSE BP: 42.21 and is in a column of Xs on a SELL signal

Created Boxes: X - 318 O - 93
New Signals: Buy - 48 Sell - 8
New Reversals: Up - 164 Down - 83
Broke Double: Tops - 66 Bottoms - 15
New: Highs - 25 Lows - 24

Sector Performance
S&P Equal Weight: 1.16%

Bottom Sectors:
Precious Metals: -1.83%
Oil: -0.86%
Utilities - Electrical: -0.66%

Top Sectors:
Gaming: 4.75%
Restaurants: 2.13%
Wall Street: 1.94%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Internet



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: MSB - Mesabi Trust


Bullish Catapult Signal: MED - Medifast, Inc.


Bullish Catapult Signal: VLGEA - Village Super Market, Inc.



Sell Signals:
Bearish Catapult Signal: MYD - Muniyield Fund Inc


Bearish Catapult Signal: RICK - Rick's Cabaret International, Inc.


Bull Trap Sell Signal: GSOL - Global Sources LTD.


Bull Trap Sell Signal: NCS - Nci Building Systems Inc


Bull Trap Sell Signal: TWTUF.PK - Timberwest Forest Corp.

Market Summary for August 13, 2008

Markets Snapshot:
NASDAQ BP: 40.81 and is in a column of Xs on a BUY signal
NYSE BP: 41.55 and is in a column of Xs on a SELL signal

Created Boxes: X - 290 O - 206
New Signals: Buy - 50 Sell - 26
New Reversals: Up - 175 Down - 250
Broke Double: Tops - 50 Bottoms - 32
New: Highs - 26 Lows - 35

Sector Performance
S&P Equal Weight: -0.55%

Bottom Sectors:
Gaming: -2.90%
Restaurants: -2.56%
Savings and Loans: -1.61%

Top Sectors:
Precious Metals: 4.74%
Oil: 3.73%
Metals Non Ferrous: 3.70%

New Signals
No new Exchange signals

Sector Signals:
Sector Sell Signal: Wall Street



Stock Signals:

Buy Signals:
Broke Triple Top: AXYS - Axsys Technologies Inc.



Sell Signals:
Bull Trap Sell Signal: DKS - Dick's Sporting Goods, Inc.


Bull Trap Sell Signal: KMX - Carmax Group


Bull Trap Sell Signal: TIF - Tiffany & Co.

Market Summary for August 12, 2008

Markets Snapshot:
NASDAQ BP: 40.21 and is in a column of Xs on a BUY signal
NYSE BP: 41.34 and is in a column of Xs on a SELL signal

Created Boxes: X - 294 O - 113
New Signals: Buy - 39 Sell - 21
New Reversals: Up - 140 Down - 168
Broke Double: Tops - 49 Bottoms - 20
New: Highs - 24 Lows - 37

Sector Performance
S&P Equal Weight: -1.50%

Bottom Sectors:
Wall Street: -4.20%
Textiles and Apparel: -1.90%
Savings and Loans: -1.85%

Top Sectors:
Precious Metals: 0.88%
Metals Non Ferrous: 0.27%
Foods Beverages and Soap: 0.21%

New Signals
No new Exchange signals

Sector Signals:
Sector Buy Signal: Aerospace Airline


Sector Buy Signal: Gaming



Stock Signals:

Buy Signals:
Bear Trap Buy Signal: NADX - National Dentex Corp


Bear Trap Buy Signal: SPWR - Sunpower Corporation


Broke Triple Top: GHM - Graham Corporation


Broke Triple Top: GSOL - Global Sources LTD.


Bullish Catapult Signal: BBOX - Black Box Corporation


Bullish Catapult Signal: BLK - Blackrock, Inc.


Bullish Catapult Signal: PEBO - Peoples Bancorp Inc.


Bullish Catapult Signal: Y - Alleghany Corp



Sell Signals:
Bearish Catapult Signal: PNBK - Patriot National Bancorp, Inc.


Bearish Catapult Signal: TRU - Torch Energy Royalty Trust


Bull Trap Sell Signal: CSH - Cash America International, Inc.


Bull Trap Sell Signal: SF - Stifel Financial Corp