Sector Indexes (20080912)

Generally, I will say mixed. Some sectors are up, some are down. DJI is just oscillating within a tight range. Everyone is confused because it goes up one day, down the other, up again etc. I think oil, gas and steel sector are going for a rebound because they are more or less at around possible support area. For the sectors that up heading up, I don't think it will last because it doesn't look strong (yet).

USA	Longterm	Midterm	Shorterm
S&P500	Down	Down	Down
DJI	Down	Down	Down
NasdaqComp	Down	Down	Down
Natural Gas	Down	Down	Down
Oil	Down	Down	Down
SecurityBroker	Down	Down	Down (-)
Bank	Down	Neutral	Up (+)
Insurance	Down	Neutral	Neutral
Housing	Down	Neutral	Up
Shipping	Down	Down	Down
Steel	Down	Down	Down
Retail	Down	Up (+)	Up
Biotech	Up	Neutral	Down (-)
Airline	Down	Neutral	Up