Sector Indexes

Situation getting worse. Dead cat bounce may be over.

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