Stock Market: major price indexes turned down from resistance. Energy is strong.

The S&P 500 halted its 9-day upward dive just short of 1,098.14, which is the upper end of the gap from 10/3/08 to 10/6/08.

Price momentum oscillators have stubbornly refused to make new highs in October, thereby denying confirmation of new highs by the price indexes. Bearish momentum divergences persist.

Cumulative On-Balance Volume and Candlestick Volume also failed to confirm new price highs last week.

Crude Oil rose further above previous 12-month highs. The main trend remains bullish.

Energy Stock Sector Relative Strength Ratio (XLE/SPY) rose to another a new 4-month high on 10/16/09, and absolute price confirmed. XLE/SPY has been in a strong uptrend this month. Longer term, it appears likely that XLE/SPY bottomed a year ago, on 10/16/08, and has been building a technical base over the past year.

Technology Stock Sector Relative Strength Ratio (XLK/SPY) fell further below 4-month lows on 10/16/09.

Spotlight on event stocks: Here is a stock screen I designed to pick out potential event stocks, both Bullish and Bearish. Sometimes, stocks with large changes in price and volume are revealed to be deal stocks, sooner or later, or are the subject of some other extraordinary events, positive or negative.

Bullish Stocks: Rising Price and Rising Volume
% Price Change, Symbol, Name
4.65% , BHH , Internet B2B H, BHH
2.89% , HAS , HASBRO
2.16% , SIRI , Sirius Satellite
2.30% , ORCL , ORACLE
3.76% , GOOG , Google
2.76% , CAH , CARDINAL HEALTH
2.78% , HGSI , Human Genome Sciences Inc
4.94% , SVU , SUPERVALU
1.71% , URBN , Urban Outfitters Inc.
2.76% , BA , BOEING
1.70% , MZZ , Short 200% MidCap 400 PS, MZZ
1.06% , ERIC.O , LM Ericsson Telephone Company
0.96% , MYY , Short 100% MidCap 400, MYY
0.44% , EWU , United Kingdom Index, EWU
0.86% , MS , MORGAN STANLEY
2.45% , R , RYDER SYSTEM
0.77% , HPQ , HEWLETT PACKARD
0.86% , LNCR , Lincare Holdings Inc
0.85% , HSP , HOSPIRA
0.76% , LMT , LOCKHEED MARTIN
0.28% , PBJ , Food & Beverage, PBJ
1.09% , GIS , GENERAL MILLS
1.61% , SYY , SYSCO
1.42% , SDS , Short 200% S&P 500 PS, SDS
1.21% , SO , SOUTHERN
1.23% , QID , Short 200% QQQ PS, QID
0.61% , MKC , MCCORMICK
1.11% , DXD , Short 200% Dow 30 PS, DXD
0.72% , UIS , UNISYS
0.66% , DOG , Short 100% Dow 30, DOG
0.43% , PPL , PPL
1.00% , MCD , MCDONALDS
0.58% , DIS , WALT DISNEY
1.13% , PM , Philip Morris, PM
0.64% , GD , GENERAL DYNAMICS
1.36% , WAG , WALGREEN
0.66% , PSQ , Short 100% QQQ, PSQ
0.53% , XLP , Consumer Staples SPDR, XLP
0.33% , ACE , ACE
0.61% , SH , Short 100% S&P 500, SH

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-12.30% , MTG , MGIC INVESTMENT
-3.74% , RX , IMS HEALTH
-8.09% , MU , MICRON TECH
-1.07% , PZJ , SmallCap PS Zacks, PZJ
-4.43% , GRMN , GARMIN LTD
-1.19% , EWI , Italy Index, EWI
-7.27% , AMD , ADV MICRO DEV
-3.37% , LAMR , Lamar Advertising Company
-4.23% , GE , GENERAL ELECTRIC
-2.60% , RZV , Value SmallCap S&P 600, RZV
-1.15% , IWW , Value LargeCap Russell 3000, IWW
-5.40% , FITB , FIFTH THIRD BANC
-2.96% , HOLX , Hologic, Inc., HOLX
-4.58% , CAR , Avis Budget Group, Inc. (CAR)
-4.95% , IBM , IBM
-6.42% , GNW , GENWORTH FINANCIAL
-0.51% , JKK , Growth SmallCap iS M, JKK
-0.87% , IXJ , Healthcare Global, IXJ
-4.64% , BAC , BANK OF AMERICA
-3.45% , ZION , ZIONS
-0.92% , RFG , Growth MidCap S&P 400, RFG
-5.40% , MI , MARSHAL & ILSLEY
-4.64% , SNDK , SanDisk Corporation
-1.55% , FISV , FISERV
-9.21% , PWER , POWER ONE
-3.97% , SLM , SLM CORP
-4.33% , WFC , WELLS FARGO
-4.65% , STLD , Steel Dynamics, STLD
-2.16% , MDP , MEREDITH
-0.31% , FPX , IPOs, First Tr IPOX-100, FPX
-0.77% , VCR , Consumer D. VIPERs, VCR
-0.87% , JKF , Value LargeCap iS M, JKF
-2.15% , MRVL , MARVELL TECHNOLOGY
-2.79% , MET , METLIFE
-0.98% , MTB , M&T BANK
-3.16% , UNM , UNUMPROVIDENT
-3.61% , ODP , OFFICE DEPOT
-3.15% , TMK , TORCHMARK
-1.57% , EWP , Spain Index, EWP
-0.63% , VIG , Dividend Appreciation Vipers, VIG

9 major U.S. stock sectors ranked in order of long-term relative strength:

Consumer Discretionary (XLY) Neutral, Market Weight. The Relative Strength Ratio (XLY/SPY) appears choppy short term. Intermediate term, the relative trend appears neutral/sideways since peaking on 4/30/09. XLY was strong from 11/19/08 to 4/30/09, and that past strength accounts for XLY’s high ranking here. The XLY/SPY trend was clearly down from 1/5/05 to 11/19/08.

Technology (XLK) Neutral, Market Weight. The Relative Strength Ratio (XLK/SPY) fell further below 4-month lows on 10/16/09. XLK/SPY turned down after 9/30/09. The XLK/SPY Ratio appears to be in a moderate correction for the intermediate term. Long term, on 7/22/09, XLK/SPY rose to its highest level in 7 years, thereby confirming a long-term uptrend in effect since 9/30/02.

Materials (XLB) Neutral, Market Weight. The Relative Strength Ratio (XLB/SPY) peaked on 8/5/09 and has been consolidating gains since. XLB/SPY was in an intermediate-term uptrend from its low on 12/5/08 to its high on 8/5/09.

Financial (XLF) Neutral, Market Weight. The Relative Strength Ratio (XLF/SPY) has fallen sharply after breaking out to a new 10-month high on 10/14/09.

Energy (XLE) Neutral, Market Weight. The Relative Strength Ratio (XLE/SPY) rose to another a new 4-month high on 10/16/09, and absolute price confirmed. XLE/SPY has been in a strong uptrend short-term, in this month of October, 2009. Longer term, it appears likely that XLE/SPY bottomed a year ago, on 10/16/08, and has been building a technical base over the past year.

Consumer Staples (XLP) Neutral, Market Weight. The Relative Strength Ratio (XLP/SPY) has been in a moderate downtrend since peaking on 11/20/08, as the appetite for risk recovered.

Industrial (XLI) Neutral, Market Weight. The Relative Strength Ratio (XLI/SPY) has stabilized since making a low on 10/7/09 but is still well below its high of 9/17/09. XLI/SPY was in an intermediate-term uptrend from its low on 3/6/09 to its high on 9/17/09.

Health Care (XLV) Bearish, Underweight. The Relative Strength Ratio (XLV/SPY) fell further below the lows of the previous 12 months on 10/15/09. XLV/SPY has been relatively weak since 2/23/09.

Utilities (XLU) Bearish, Underweight. The Relative Strength Ratio (XLU/SPY) fell below previous 24-month lows on 10/14/09. XLU has underperformed since 11/21/08, as the appetite for risk recovered.

Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) moved further above previous 6-year highs on 10/14/09. Trends remain bullish in all time frames.

Foreign Stocks ETF (EFA) Relative Strength Ratio (EFA/SPY) peaked on 9/9/09 and has been lagging slightly since. The ratio outperformed from 10/27/08 to 9/9/09. EFA is the ETF representing the EAFE, the international developed country stock markets, excluding the U.S. and Canada.

NASDAQ Composite/S&P 500 Relative Strength Ratio fell below previous 6-week lows on 10/15/09. The ratio peaked out on 7/23/09 and has been correcting and consolidating since.

Growth Stock/Value Stock Relative Strength Ratio (IWF/IWD) has been correcting and consolidating gains since the peak on 3/5/09. IWF/IWD was in an uptrend from 8/8/06 to 3/5/09, and it is quite possible that uptrend could resume.

Russell 1000 Value ETF Relative Strength Ratio (IWD/SPY) has been correcting and consolidating gains in recent weeks. Intermediate term, IWD/SPY outperformed from 3/6/09 to 9/18/09. Long term, IWD/SPY remains in a Bearish Major Trend, underperforming since 3/22/07.

The S&P 500 equally weighted index relative to the S&P 500 capitalization weighted index has been consolidating gains since 9/16/09. The ratio had been in a strong uptrend from 11/19/08 to 9/16/09, and that trend could resume.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio (OEX/SPX) has been in a downtrend since 11/20/08 as the market shifted toward a more aggressive risk seeking posture.

The Small Cap/Large Cap Relative Strength Ratio (IWM/SPY) been consolidating gains since 9/18/09. IWM/SPY was in an uptrend from 3/9/09 to 9/18/09, and that uptrend could resume. The 10-year trend still looks bullish.

The Mid Cap/Large Cap Relative Strength Ratio (MDY/SPY) has been consolidating gains since 9/16/09. The secular trend since 1999 remains bullish.

Crude Oil nearest futures contract price rose further above previous 12-month highs on 10/16/09. The main trend remains bullish. The first potential support may be seen at the previous high at 75.00 set on 8/25/09.

Gold nearest futures contract price fell back below the lows of the previous 6 trading days on 10/16/09, in what appears to be a normal minor pullback. Gold rose above previous all-time highs on 10/14/09. All trends remain bullish, and Gold appears to have substantial upside potential. Technical supports might be found around previous highs and lows at 1033.9, 1024.7, 982.2, 940.3, 931.5, 925.2 and 904.8, based on the nearest futures contract. There is no chart resistance.

Gold Mining Stocks ETF (GDX) Relative Strength Ratio (relative to Gold bullion) moved above the highs of the previous 3 weeks on 10/13/09. The short-term trend remains bullish. The ratio moved above previous 13-month highs on 9/17/09, confirming a preexisting longer-term uptrend in effect since 10/27/08. This main trend remains bullish for both Gold bullion and Gold Mining Stocks.

Silver/Gold Ratio turned down after 10/9/09. Although the short-term trend has been choppy, the ratio is still above uptrendlines drawn from the low on 10/10/08.

Copper nearest futures contract price has been correcting and consolidating gains since peaking at 29660 on 8/28/09. Copper appears confused about global economic prospects.

U.S. Treasury Bond December futures contract price fell further below the lows of the previous 3 weeks on 10/15/09 in what looks like a minor short-term shakeout. The 4-month trend still looks bullish. The Bond may find short-term support around the previous lows of 118.07 set on 9/23/09, 117.18 set on 9/9/09, and 116.30 set on 8/24/09. On 8/7/09, Bonds found support at the upper end of the 112-115 zone of many previous reversal points (including both lows and highs).

Bond quality ratio (LQD/TLT) partially recovered over the past 2 weeks. It broke down below a 6-month uptrend line and broke down below 11-week lows on 10/1/09, presumably signaling a move away from risk and toward safety. The trend had been up from 12/19/08 to 8/7/09, as the appetite for risk recovered, but that trend appears to have ended. LQD/TLT is iShares iBoxx $ Invest Grade Corp Bond ETF (LQD) price divided by 20+ Years US Treasury Bond ETF price (TLT).

The U.S. dollar nearest futures contract price fell further below the lows of the previous 14 months on 10/15/09. Obviously, the major trend remains bearish, and it probably would take a long period of base building and bottom testing to turn this trend.

The Art of Contrary Thinking: The various surveys of investor sentiment are best considered as background factors. The majority of investors can be right for a long time before a major trend finally changes course. So, Contrary Thinking should be used with more precise market timing tools.

Advisory Service Sentiment: There were 47.2% Bulls versus 26.4% Bears as of 10/14/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 1.79, down from 2.00 the previous week. The ratio was 2.61 on 8/26/09, the highest reading since 10/17/07. The ratio’s 39-year range is 0.28 to 17.51, the median is 1.43, and the mean is 1.73.

VIX Fear Index touched a new 13-month low of 20.98 on 10/16/09. VIX is down from a closing high of 80.86 set on 11/20/08. VIX is a market estimate of expected constant 30-day volatility, calculated by weighting S&P 500 Index CBOE option bid/ask quotes spanning a wide range of strike prices for the two nearest expiration dates.

VXN Fear Index touched a new 13-month low of 21.81 on 10/16/09. VXN is down from a closing high of 80.64 set on 11/20/08. VXN measures NASDAQ Volatility using a method comparable to that used for VIX.

ISEE Call/Put Ratio fell to 1.29 on 10/16/09, indicating mildly bearish sentiment. The ratio’s 5-year mean is 1.43, median is 1.38, and its range is 0.51 to 3.16.

CBOE Put/Call Ratio rose to 0.55 on 10/16/09, still indicating bullish sentiment. The ratio’s 5-year mean is 0.67, median is 0.65, and its range is 0.35 to 1.35.

Fundamentals: The 2003-2007 Bull Market was fed by abundant global liquidly, M&A, leveraged buyouts, corporate stock buybacks, and a net balance of positive earnings surprises. The unfolding fallout from the credit market crisis derailed that engine. Since the stock market low on 3/9/09, massive monetary and fiscal stimulation appears to have had a Bullish impact on investor sentiment.

The Dow Theory signaled a Primary Tide Bull Market on 7/23/09 when both the Dow-Jones Industrial Average the Dow-Jones Transportation Average closed above their May-June 2009 closing price highs. This reverses the previous signal: the two Averages signaled a Primary Tide Bear Market on 11/21/07, when both Averages closed below their closing price lows of August, 2007.

S&P 500 Cash Index Potential Resistance
1,576.09, high of 10/11/2007
1,552.76, high of 10/31/2007
1,523.57, high of 12/11/2007
1,498.85, high of 12/26/2007
1,440.24, high of 5/19/2008
1,406.32, high of 5/29/2008
1,381.50, Fibonacci 78.6% of 2007-2009 range
1,366.59, high of 6/17/2008
1,335.63, high of 6/25/2008
1,313.15, high of 8/11/2008
1,274.42, high of 9/8/2008
1,255.09, high of 9/12/2008
1,238.807, Fibonacci 78.6% of 1,576.09 high
1,228.74, Fibonacci 61.8% of 2007-2009 range
1,220.03, high of 9/25/2008
1,158.76, EW ABC measured move target
1,121.44, Fibonacci 50.0% of 2007-2009 drop
1,098.14, gap from 10/3/08 to 10/6/08

S&P 500 Cash Index Potential Support
1,075.30, gap from 10/13/08 to 10/14/2009
1,066.71, low of 10/13/2009
1,060.55, high of 10/6/2009
1,042.58, high of 10/5/2009
1,041.17, low of 9/25/2009
1,035.00, low of 9/14/2009
1,042.3, Gann 87.5% of 2009 range
1,019.85, low of 10/2/2009
1,014.14, Fibonacci 38.2% of 2007-2009 drop
1,007.78, Gann 37.5% of 2007-2009 range
991.97, low of 9/2/2009
995.13, Fibonacci 23.6% of 2009 range
978.51, low of 8/17/2009
989.12, Gann 75% of 2009 range
956.23, high of 6/11/2009
932.39, Fibonacci 38.2% of 2009 range
930.17, high of 5/8/2009
881.68, Fibonacci 50% of 2009 range
869.32, low of 7/8/2009
826.83, low of 4/21/2009
830.96, Fibonacci 61.8% of 2009 range
814.53, low of 4/7/2009
813.62, high of 4/1/2009
779.81, low of 3/30/2009
774.23, Gann 25% of 2009 range
758.61, Fibonacci 78.6% of 2009 range
720.51, Gann 12.5% of 2009 range
666.79, intraday low of 3/6/2009
665.23, Fibonacci 61.8% of 2002-2007 upmove
602.07, Fibonacci 38.2% of 1,576.09 high

Daily Rankings of Major ETFs, Ranked from Strongest to Weakest of the Day:
% Price Change, ETF Name, Symbol

4.65% Internet B2B H, BHH
1.70% Short 200% MidCap 400 PS, MZZ
1.42% Short 200% S&P 500 PS, SDS
1.35% Oil, Crude, U.S. Oil Fund, USO
1.23% Short 200% QQQ PS, QID
1.11% Short 200% Dow 30 PS, DXD
0.96% Short 100% MidCap 400, MYY
0.81% Bond, 20+ Years Treasury, TLT
0.70% Silver Trust iS, SLV
0.66% Short 100% QQQ, PSQ
0.66% Short 100% Dow 30, DOG
0.61% Short 100% S&P 500, SH
0.53% Consumer Staples SPDR, XLP
0.46% Bond, 10 Year Treasury, IEF
0.44% United Kingdom Index, EWU
0.34% Utilities SPDR, XLU
0.32% Bond, TIPS, TIP
0.31% Gold Shares S.T., GLD
0.28% Food & Beverage, PBJ
0.25% Commodity Tracking, DBC
0.24% Utilities H, UTH
0.24% Consumer Staples VIPERs, VDC
0.18% Malaysia Index, EWM
0.17% Retail H, RTH
0.15% Utilities DJ, IDU
0.10% Utilities VIPERs, VPU
0.08% Energy Global, IXC
0.08% Bond, Corp, LQD
0.06% Bond, 1-3 Year Treasury, SHY
0.00% Aerospace & Defense, PPA
-0.01% Bond, Aggregate, AGG
-0.01% Bond, High-Yield Corporate, HYG
-0.04% Leisure & Entertainment, PEJ
-0.07% Health Care SPDR, XLV
-0.07% Consumer Non-Cyclical, IYK
-0.12% Value LargeCap Dynamic PS, PWV
-0.14% Utilities, PUI
-0.14% Energy DJ, IYE
-0.15% Dividend Leaders, FDL
-0.15% Value 40 Large Low P/E FT DB, FDV
-0.17% Consumer Cyclical DJ, IYC
-0.18% Consumer Discretionary SPDR, XLY
-0.18% Growth LargeCap iS M, JKE
-0.20% Oil Services H, OIH
-0.22% Software H, SWH
-0.22% Preferred Stock iS, PFF
-0.23% Canada Index, EWC
-0.24% Energy VIPERs, VDE
-0.25% Retail, PMR
-0.27% Healthcare DJ, IYH
-0.27% Growth S&P 500/BARRA, IVW
-0.29% Lg Cap Growth PSD, PWB
-0.29% Growth VIPERs, VUG
-0.30% Pharmaceutical H, PPH
-0.30% Transportation Av DJ, IYT
-0.30% Energy SPDR, XLE
-0.31% Health Care VIPERs, VHT
-0.31% IPOs, First Tr IPOX-100, FPX
-0.34% Natural Resource iS GS, IGE
-0.35% OTC Dynamic PS, PWO
-0.37% Value Line Timeliness MidCap Gr, PIV
-0.38% Growth 1000 Russell, IWF
-0.38% Financial Preferred, PGF
-0.42% Dividend DJ Select, DVY
-0.43% Software, IGV
-0.49% Building & Construction, PKB
-0.50% Sweden Index, EWD
-0.50% Micro Cap Zachs, PZI
-0.51% Growth SmallCap iS M, JKK
-0.52% Biotech & Genome, PBE
-0.53% LargeCap Blend Socially Responsible iS, KLD
-0.53% Growth LargeCap NASDAQ Fidelity, ONEQ
-0.55% Dividend SPDR, SDY
-0.55% Growth Large Cap, ELG
-0.56% Telecom H, TTH
-0.57% Value LargeCap NYSE 100 iS, NY
-0.57% Insurance, PIC
-0.58% Growth S&P 500, RPG
-0.58% Switzerland Index, EWL
-0.59% Growth MidCap Russell, IWP
-0.59% LargeCap Blend Dynamic PS, PWC
-0.60% Growth Mid Cap Dynamic PS, PWJ
-0.62% Growth LargeCap Russell 3000, IWZ
-0.63% Dividend Appreciation Vipers, VIG
-0.63% Energy Exploration & Prod, PXE
-0.64% Growth SmallCap R 2000, IWO
-0.65% Growth SmallCap Dynamic PS, PWT
-0.65% Growth LargeCap NASDAQ 100, QQQQ
-0.65% Belgium Index, EWK
-0.65% Software, PSJ
-0.66% DIAMONDS (DJIA), DIA
-0.66% Internet H, HHH
-0.67% Pharmaceuticals, PJP
-0.70% SmallCap Core iS M, JKJ
-0.70% Industrial SPDR, XLI
-0.71% Dividend International, PID
-0.71% Value SmallCap Dynamic PS, PWY
-0.72% Growth MidCap 400 B, IJK
-0.72% MidCap Growth iS M, JKH
-0.72% Brazil Index, EWZ
-0.73% Growth BARRA Small Cap 600, IJT
-0.73% LargeCap Blend Total Market DJ, IYY
-0.74% Blend Total Market VIPERs, VTI
-0.74% LargeCap VIPERs, VV
-0.74% Value MidCap Dynamic PS, PWP
-0.75% S&P 500 iS LargeCap Blend, IVV
-0.75% LargeCap Blend Russell 3000, IWV
-0.75% S&P 500 SPDRs LargeCap Blend, SPY
-0.77% LargeCap Blend S&P 100, OEF
-0.77% Consumer D. VIPERs, VCR
-0.77% LargeCap Blend Core iS M, JKD
-0.78% LargeCap 1000 R, IWB
-0.79% LargeCap Rydex Rus Top 50, XLG
-0.82% Biotech H, BBH
-0.85% MidCap VIPERs, VO
-0.85% LargeCap Blend S&P=Weight R, RSP
-0.87% Industrial LargeCap Blend DJ US, IYJ
-0.87% Value LargeCap iS M, JKF
-0.87% Healthcare Global, IXJ
-0.87% LargeCap Blend S&P 1500 iS, ISI
-0.88% Nanotech Lux, PXN
-0.88% Taiwan Index, EWT
-0.90% Biotech SPDR, XBI
-0.90% Short 200% Bond 7-10 Yr T, PST
-0.90% Wilshire 5000 ST TM, TMW
-0.91% Latin Am 40, ILF
-0.92% Growth MidCap S&P 400, RFG
-0.92% Oil & Gas, PXJ
-0.93% MidCap S&P 400 iS, IJH
-0.93% Developed 100 BLDRS, ADRD
-0.94% Value 1000 Russell, IWD
-0.94% Technology SPDR, XLK
-0.95% LargeCap Blend NYSE Composite iS, NYC
-0.96% Value MidCap S&P 400 B, IJJ
-0.96% Value S&P 500 B, IVE
-0.97% MidCap Russell, IWR
-0.98% SmallCap S&P 600, IJR
-0.98% Growth SmallCap VIPERs, VBK
-0.98% Extended Mkt VIPERs, VXF
-0.98% Value VIPERs, VTV
-0.98% Mexico Index, EWW
-0.99% MidCap S&P 400 SPDRs, MDY
-0.99% Info Tech VIPERs, VGT
-1.00% SmallCap Russell 2000, IWM
-1.00% MidCap Blend Core iS M, JKG
-1.01% Growth EAFE MSCI, EFG
-1.01% Technology MS sT, MTK
-1.01% Capital Markets KWB ST, KCE
-1.02% Industrials VIPERs, VIS
-1.02% Emerging 50 BLDRS, ADRE
-1.03% Technology DJ US, IYW
-1.03% Value Large Cap DJ, ELV
-1.04% India Earnings WTree, EPI
-1.04% Microcap Russell, IWC
-1.06% Value MidCap Russell, IWS
-1.07% Technology GS, IGM
-1.07% SmallCap PS Zacks, PZJ
-1.08% Ultra Dow30 Double, DDM
-1.09% Homebuilders SPDR, XHB
-1.09% Telecommunications & Wireless, PTE
-1.11% Value LargeCap Euro STOXX 50 DJ, FEU
-1.12% Small Cap VIPERs, VB
-1.13% Dividend Achievers PS, PFM
-1.13% Telecom DJ US, IYZ
-1.14% Growth Small Cap DJ, DSG
-1.15% Value LargeCap Russell 3000, IWW
-1.15% Australia Index, EWA
-1.17% Europe 100 BLDRS, ADRU
-1.17% Telecom Services VIPERs, VOX
-1.18% European VIPERs, VGK
-1.19% Technology Global, IXN
-1.19% Italy Index, EWI
-1.21% Asia 50 BLDRS, ADRA
-1.22% Basic Materials DJ US, IYM
-1.22% Telecommunications Global, IXP
-1.22% Europe 350 S&P Index, IEV
-1.26% Singapore Index, EWS
-1.27% Global 100, IOO
-1.27% Austria Index, EWO
-1.28% Value Small Cap DJ, DSV
-1.29% Materials VIPERs, VAW
-1.29% Ultra QQQ Double, QLD
-1.32% Value SmallCap Russell 2000, IWN
-1.36% Value SmallCap S&P 600 B, IJS
-1.37% Value SmallCap VIPERS, VBR
-1.38% Emerging Markets, EEM
-1.39% Materials SPDR, XLB
-1.40% Pacific ex-Japan, EPP
-1.41% Ultra S&P500 Double, SSO
-1.42% Networking, IGN
-1.43% Value MidCap iS M, JKI
-1.46% EMU Europe Index, EZU
-1.46% Emerging VIPERs, VWO
-1.46% China LargeCap Growth G D H USX PS, PGJ
-1.51% EAFE Index, EFA
-1.53% Dividend High Yield Equity PS, PEY
-1.53% Value S&P 500, RPV
-1.57% Spain Index, EWP
-1.59% Value EAFE MSCI, EFV
-1.62% WilderHill Clean Energy PS, PBW
-1.63% Hong Kong Index, EWH
-1.64% Ultra MidCap400 Double, MVV
-1.64% Global Titans, DGT
-1.68% Japan LargeCap Blend TOPIX 150, ITF
-1.72% Netherlands Index, EWN
-1.73% Pacific VIPERs, VPL
-1.75% Value SmallCap iS M, JKL
-1.79% Water Resources, PHO
-1.80% Japan Index, EWJ
-1.84% Value LargeCap Fundamental RAFI 1000, PRF
-1.89% Internet Architecture H, IAH
-1.92% France Index, EWQ
-1.95% Semiconductor H, SMH
-1.96% Metals & Mining SPDR, XME
-2.03% Financials VIPERs, VFH
-2.06% Germany Index, EWG
-2.06% Short 200% US T Bond, TBT
-2.12% South Africa Index, EZA
-2.14% Semiconductor iS GS, IGW
-2.16% Financials Global LargeCap Value, IXG
-2.22% Financial DJ US, IYF
-2.24% China 25 iS, FXI
-2.28% Financial Services DJ, IYG
-2.31% Semiconductors, PSI
-2.34% Euro STOXX 50, FEZ
-2.37% Financial SPDR, XLF
-2.44% Semiconductor SPDR, XSD
-2.47% REIT Wilshire, RWR
-2.60% Value SmallCap S&P 600, RZV
-2.63% REIT VIPERs, VNQ
-2.65% Realty Cohen & Steers, ICF
-2.71% Real Estate US DJ, IYR
-2.88% Bank Regional H, RKH
-3.16% Internet Infrastructure H, IIH
-3.32% South Korea Index, EWY