Weekly Analysis

Biotech is giving me another buy signal. AMEX Oil is on near at the top consolidation range. Semiconductor was sold down.

USA	Longterm	Midterm	Shorterm
S&P500	Down	Up (+)	Up
DJI	Down	Neutral	Up
Nasdaq Comp	Down	Up	Up
Russell 2000	Down	Up (+)	Up
AMEX Airline	Down	Neutral	Up (+)
AMEX Biotech	Down	Neutral (+)	Up
AMEX Natural Gas	Down	Up (+)	Up
AMEX Oil	Down	Neutral	Up
AMEX Security Broker	Down	Up	Up
AMEX Telco	Neutral (+)	Up	Up
KBW Bank	Down	Neutral	Up (+)
KBW Insurance	Down	Up (+)	Up
PHLX Housing	Down	Up	Neutral
PHLX Semiconductor	Down (-)	Up	Neutral (-)
S&P Retail	Up	Up	Neutral (-)