Sector Indexes (20081031)

Looks like the market is trying to pushed higher. The midterm and longterm trend is still down:

USA	Longterm	Midterm	Shorterm
S&P500	Down	Down	Neutral (+)
DJI	Down	Down	Neutral (+)
Nasdaq Comp	Down	Down	Neutral (+)
AMEX Natural Gas	Down	Down	Neutral (+)
AMEX Oil	Down	Down	Neutral (+)
AMEX Security Broker	Down	Down	Down
KBW Bank	Down	Down	Neutral (+)
KBW Insurance	Down	Down	Down
PHLX Housing	Down	Down	Down
PHLX Shipping	Down	Down	Neutral (+)
Sig Steel	Down	Down	Down
S&P Retail	Down	Down	Neutral (+)
AMEX Biotech	Down	Down	Neutral (+)
AMEX Airline	Down	Down	Neutral

My puts and calls are both not working well. Will reduce trading until a much clearer signal emerges.