Stock Market: downtrend confirmed by rising volume.

The S&P 500 fell 2.81% on Friday. It was the biggest daily loss in 17 weeks and the 5th biggest drop since the March 2009 low.

The recent 8-day slide of 7.39% in the S&P 500 is the second largest since the March 2009 low, after the decline of 9.09% over 17-days in June-July 2009.

The S&P 500 closed at its lowest close in 4 weeks, below its 7-month uptrend line, and below its 50-day simple moving average.

The S&P 500 lost 1.98% in the month of October—the first losing month since February 2009.

Technology Stock Sector Relative Strength Ratio rose to a new 13-week high on 10/30/09. Short term and intermediate term, the relative trend is bullish. 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.

Consumer Staples Stock Sector Relative Strength Ratio rose to another new 13-week highs on 10/30/09. This defensive sector outperforms when investors move away from risk.

Health Care Stock Sector Relative Strength Ratio broke out above previous 3-week highs on 10/30/09, which appears bullish for the short term.

Industrial Stock Sector Relative Strength Ratio broke down to another new 8-week low on 10/30/09. XLI/SPY has underperformed since making a high on 9/17/09.

Energy Stock Sector Relative Strength Ratio broke down below previous 11-day lows on 10/30/09, which is bearish for the short term. 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.

Gold Mining Stocks ETF Relative Strength Ratio broke down below the lows of the previous 9 weeks on 10/30/09. The 2-week, short-term trend has been weak.

Russell 1000 Value ETF Relative Strength Ratio broke down below the lows of the previous 12 weeks on 10/30/09. IWD/SPY has underperformed since 9/18/09. Long term, IWD/SPY remains in a bearish trend, underperforming since 3/22/07.

Growth Stock/Value Stock Relative Strength Ratio broke out above highs of the previous 12 weeks on 10/30/09. IWF/IWD was in an uptrend from 8/8/06 to 3/5/09, and it seems quite possible that uptrend could resume.

Bond Quality Relative Strength Ratio fell below the lows of the previous 3 weeks on 10/30/09, confirming a preexisting downside correction for the short term. When JNK/LQD is weak, that indicates risk aversion.

Silver/Gold Ratio fell steeply to another new 8-week low on 10/30/09, indicating a significant downside correction. A downtrend suggests doubts about global economic prospects.

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
5.55% , MZZ , Short 200% MidCap 400 PS, MZZ
5.23% , QID , Short 200% QQQ PS, QID
5.53% , SDS , Short 200% S&P 500 PS, SDS
1.92% , TE , TECO ENERGY
4.96% , DXD , Short 200% Dow 30 PS, DXD
2.45% , DOG , Short 100% Dow 30, DOG
2.81% , MYY , Short 100% MidCap 400, MYY
4.32% , GNW , GENWORTH FINANCIAL
2.73% , SH , Short 100% S&P 500, SH
4.67% , OMX , OFFICEMAX INC., OMX
0.68% , CLX , CLOROX
0.74% , IEF , Bond, 10 Year Treasury, IEF
2.49% , PSQ , Short 100% QQQ, PSQ
8.07% , EK , EASTMAN KODAK
2.42% , AGN , ALLERGAN
0.37% , TIP , Bond, TIPS, TIP
0.90% , LQD , Bond, Corp, LQD
0.30% , COH , COACH
1.45% , TLT , Bond, 20+ Years Treasury, TLT
0.21% , BF.B , BROWN FORMAN STK B
0.31% , K , KELLOGG
0.74% , SIRI , Sirius Satellite
0.12% , SHY , Bond, 1-3 Year Treasury, SHY
0.11% , CEPH , Cephalon Inc
0.08% , CNP , CENTERPNT ENERGY

Bearish Stocks: Falling Price and Rising Volume
% Price Change, Symbol, Name
-2.59% , BDH , Broadband H, BDH
-2.51% , KLD , LargeCap Blend Socially Responsible iS, KLD
-6.51% , AOC , AON
-3.21% , DSG , Growth Small Cap DJ, DSG
-2.39% , PWJ , Growth Mid Cap Dynamic PS, PWJ
-6.23% , CMI , CUMMINS
-24.21% , CIT , CIT GROUP
-2.22% , FEU , Value LargeCap Euro STOXX 50 DJ, FEU
-6.73% , ITT , ITT INDS
-4.52% , EWQ , France Index, EWQ
-4.59% , FEZ , Euro STOXX 50, FEZ
-3.02% , DSV , Value Small Cap DJ, DSV
-8.41% , HMA , HEALTH MGMT STK A
-3.79% , EFV , Value EAFE MSCI, EFV
-2.07% , PWO , OTC Dynamic PS, PWO
-3.30% , IIH , Internet Infrastructure H, IIH
-2.13% , SWH , Software H, SWH
-2.84% , VIS , Industrials VIPERs, VIS
-4.02% , VFH , Financials VIPERs, VFH
-2.64% , VCR , Consumer D. VIPERs, VCR
-3.20% , VBR , Value SmallCap VIPERS, VBR
-2.41% , JKD , LargeCap Blend Core iS M, JKD
-2.67% , TMW , Wilshire 5000 ST TM, TMW
-5.53% , MVV , Ultra MidCap400 Double, MVV
-3.04% , JKF , Value LargeCap iS M, JKF
-3.58% , IEV , Europe 350 S&P Index, IEV
-4.67% , EEM , Emerging Markets, EEM
-3.07% , ADRU , Europe 100 BLDRS, ADRU
-2.96% , OEF , LargeCap Blend S&P 100, OEF
-4.04% , EMR , EMERSON ELECTRIC
-2.15% , PFM , Dividend Achievers PS, PFM
-7.63% , MET , METLIFE
-3.66% , MCHP , Microchip Technology Incorporated
-3.74% , VAW , Materials VIPERs, VAW
-1.99% , VPU , Utilities VIPERs, VPU
-2.53% , ELG , Growth Large Cap, ELG
-1.44% , PBJ , Food & Beverage, PBJ
-4.59% , ROK , ROCKWELL AUTOMAT
-3.08% , PID , Dividend International, PID
-5.66% , SSO , Ultra S&P500 Double, SSO

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

Technology Neutral, Market Weight. The Relative Strength Ratio rose to a new 13-week high on 10/30/09. Short term and intermediate term, the relative trend is bullish. 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.

Consumer Discretionary Neutral, Market Weight. The Relative Strength Ratio broke down to a new 8-week low on 10/28/09, turning the short-term relative trend bearish. Long term, XLY was relatively strong from 11/19/08 to 4/30/09, but that trend is now in question.

Consumer Staples Neutral, Market Weight. The Relative Strength Ratio rose to another new 13-week highs on 10/30/09. This defensive sector outperforms when investors move away from risk.

Financial Bearish, Underweight. The Relative Strength Ratio broke down to a new 11-week low on 10/28/09. The XLF/SPY trend looks bearish for the intermediate-term and probably the long-term as well.

Health Care Bearish, Underweight. The Relative Strength Ratio broke out above previous 3-week highs on 10/30/09, which appears bullish for the short term. XLV/SPY fell below the lows of the previous 12 months on 10/22/09, which appeared bearish for the long term.

Industrial Neutral, Market Weight. The Relative Strength Ratio broke down to another new 8-week low on 10/30/09. XLI/SPY has underperformed since making a high on 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. The long-term trend peaked on 3/31/08.

Energy Neutral, Market Weight. The Relative Strength Ratio broke down below previous 11-day lows on 10/30/09, which is bearish for the short term. 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.

Materials Neutral, Market Weight. The Relative Strength Ratio broke down to a new 14-week low on 10/28/09. Short term and intermediate term, the relative trend is bearish. Long term, XLB/SPY has underperformed for 16 months since 6/23/08.

Utilities Bearish, Underweight. The Relative Strength Ratio 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 Relative Strength Ratio fell steeply, breaking down below the lows of the previous 5 weeks on 10/28/09, confirming a downside correction for the short term. EEM/SPY moved above previous 6-year highs on 10/14/09, confirming a major bull market trend.

Foreign Stocks ETF Relative Strength Ratio fell steeply, breaking down below the lows of the previous 8 weeks on 10/28/09, confirming a downside correction for the short term. above previous 6-week highs on 10/21/09. The ratio outperformed from 10/27/08 to 9/9/09, and that uptrend could resume eventually. 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 further below 8-week lows on 10/29/09. Short term and intermediate term, the relative trend is bearish.

Growth Stock/Value Stock Relative Strength Ratio broke out above highs of the previous 12 weeks on 10/30/09. IWF/IWD was in an uptrend from 8/8/06 to 3/5/09, and it seems quite possible that uptrend could resume.

Russell 1000 Value ETF Relative Strength Ratio broke down below the lows of the previous 12 weeks on 10/30/09. IWD/SPY has underperformed since 9/18/09. Long term, IWD/SPY remains in a bearish trend, underperforming since 3/22/07.

The S&P 500 equally weighted index relative to the S&P 500 capitalization weighted index broke down to a new 8-week low on 10/28/09, confirming a significant downside correction. The ratio had been in a strong uptrend from 11/19/08 to 9/16/09, and that trend could resume when this correction is over.

The Largest Cap S&P 100/S&P 500 Relative Strength Ratio broke out above the highs of the previous 13 weeks on 10/28/09, as the market shifted back again toward risk aversion.

The Small Cap/Large Cap Relative Strength Ratio fell below the lows of the previous 16 weeks on 10/29/09, confirming again the preexisting bearish trend.

The Mid Cap/Large Cap Relative Strength Ratio broke down to a new 13-week low on 10/28/09, indicating a significant downside correction. The major secular trend since 1999 remains bullish, however.

Crude Oil nearest futures contract price broke down below the lows of the previous 2 weeks on 10/30/09, turning the short-term trend bearish. Long term, Oil made a new 12-month high of 82.00 on 10/21/09, confirming a bullish major trend. Potential support may be seen around the high of 75.00 set on 8/25/09.

Gold nearest futures contract price has turned choppy and uncertain for the short term. Long term, Gold rose to an all-time high of 1072.0 on 10/14/09, confirming a bullish major trend. Technical supports might be found around previous highs and lows at 1026.9, 1024.7, 982.2, 940.3, 931.5, 925.2 and 904.8, based on the nearest futures contract. Watch highs at 1069.0 and 1072.0 for potential resistance.

Gold Mining Stocks ETF Relative Strength Ratio broke down below the lows of the previous 9 weeks on 10/30/09. The 2-week, short-term trend has been weak. The ratio rose to a 14-month high 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 fell steeply to another new 8-week low on 10/30/09, indicating a significant downside correction. A downtrend suggests doubts about global economic prospects.

Copper nearest futures contract price has turned choppy and uncertain for the very short term over the past few days. Longer term, Copper broke out to a new 13-month high of 3.0690 on 10/26/09, thereby clearly confirming that the main trend remains bullish. Rising copper prices suggest growing confidence about global economic prospects, while falling copper prices suggest doubts.

U.S. Treasury Bond December futures contract price has turned choppy and uncertain for the short term. Intermediate term, the Bond has been in a mild rising trend since making a low on 6/11/09. The Bond may find short-term support around the previous lows of 117.25 set on 10/26/09, 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 .

Bond Quality Relative Strength Ratio fell below the lows of the previous 3 weeks on 10/30/09, confirming a preexisting downside correction for the short term. When JNK/LQD is weak, that indicates risk aversion. Long term, JNK/LQD rose to a new 12-month high on 10/23/09, indicating an increasing appetite for risk.

The U.S. dollar nearest futures contract price has turned choppy for the short term. Long term, the dominant trend remains bearish. USD fell below the lows of the previous 14 months on 10/21/09, confirming a bearish major 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 48.3% Bulls versus 22.5% Bears as of 10/28/09, according to the weekly Investors Intelligence survey of stock market newsletter advisors. The Bull/Bear ratio was 2.15, up from 2.14 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 jumped to a 16-week high of 31.59 on10/30/09, indicating rising levels of fear. VIX fell to a 13-month low of 20.10 on 10/21/09, indicating bullish complacency. 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 jumped to a 16-week high of 30.47 on10/30/09, indicating rising levels of fear. VXN fell to a 13-month low of 20.75 on 10/21/09, indicating bullish complacency. 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 0.84 on 10/30/09, indicating bearish sentiment. The ratio’s 6-year mean is 1.41, its median is 1.36, and its range is 0.51 to 3.16.

CBOE Put/Call Ratio rose to 0.80 on 10/30/09, indicating bearish sentiment. The ratio’s 6-year mean is 0.66, its median is 0.64, 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
1,238.81, 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
1,101.36, high of 10/21/2009
1,066.83, high of 10/29/2009
1,047.03, Gann 12.5% Retrace of 2009 range
1,041.17, low of 9/25/2009

S&P 500 Cash Index Potential Support
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
998.80, Fibonacci 23.6% Retrace of 2009 range
991.97, low of 9/2/2009
992.72, Gann 25% Retrace of 2009 range
978.51, low of 8/17/2009
956.50, Dow 33.3% Retrace of 2009 range
956.23, high of 6/11/2009
935.35, Fibonacci 38.2% Retrace of 2009 range
930.17, high of 5/8/2009
884.08, Fibonacci 50% of 2009 range
869.32, low of 7/8/2009
826.83, low of 4/21/2009
832.80, Fibonacci 61.8% Retrace of 2009 range
814.53, low of 4/7/2009
813.62, high of 4/1/2009
779.81, low of 3/30/2009
775.43, Gann 75% Retrace of 2009 range
759.79, Fibonacci 78.6% Retrace of 2009 range
721.11, Gann 87.5% Retrace of 2009 range
666.79, intraday low of 3/6/2009
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

5.55% Short 200% MidCap 400 PS, MZZ
5.53% Short 200% S&P 500 PS, SDS
5.23% Short 200% QQQ PS, QID
4.96% Short 200% Dow 30 PS, DXD
2.81% Short 100% MidCap 400, MYY
2.73% Short 100% S&P 500, SH
2.49% Short 100% QQQ, PSQ
2.45% Short 100% Dow 30, DOG
1.45% Bond, 20+ Years Treasury, TLT
0.90% Bond, Corp, LQD
0.74% Bond, 10 Year Treasury, IEF
0.38% Bond, Aggregate, AGG
0.37% Bond, TIPS, TIP
0.12% Bond, 1-3 Year Treasury, SHY
-0.15% Gold Shares S.T., GLD
-0.17% Preferred Stock iS, PFF
-0.94% Bond, High-Yield Corporate, HYG
-0.97% Financial Preferred, PGF
-1.24% Japan Index, EWJ
-1.25% Japan LargeCap Blend TOPIX 150, ITF
-1.25% Pharmaceuticals, PJP
-1.28% Telecom H, TTH
-1.29% Healthcare Global, IXJ
-1.33% Biotech H, BBH
-1.39% Pharmaceutical H, PPH
-1.40% Short 200% Bond 7-10 Yr T, PST
-1.43% Healthcare DJ, IYH
-1.44% Food & Beverage, PBJ
-1.44% Health Care SPDR, XLV
-1.46% Health Care VIPERs, VHT
-1.51% Value 40 Large Low P/E FT DB, FDV
-1.56% Consumer Staples SPDR, XLP
-1.60% Software, PSJ
-1.63% Dividend Leaders, FDL
-1.74% REIT VIPERs, VNQ
-1.77% Hong Kong Index, EWH
-1.79% Utilities H, UTH
-1.79% Consumer Non-Cyclical, IYK
-1.81% Consumer Staples VIPERs, VDC
-1.84% Growth SmallCap Dynamic PS, PWT
-1.86% Biotech & Genome, PBE
-1.87% Utilities SPDR, XLU
-1.89% REIT Wilshire, RWR
-1.90% Utilities, PUI
-1.91% Real Estate US DJ, IYR
-1.93% Realty Cohen & Steers, ICF
-1.95% Utilities DJ, IDU
-1.96% Leisure & Entertainment, PEJ
-1.99% Utilities VIPERs, VPU
-2.04% Biotech SPDR, XBI
-2.07% OTC Dynamic PS, PWO
-2.07% Lg Cap Growth PSD, PWB
-2.07% Silver Trust iS, SLV
-2.13% Software H, SWH
-2.13% Internet Architecture H, IAH
-2.15% Dividend Achievers PS, PFM
-2.15% Aerospace & Defense, PPA
-2.21% Value LargeCap Dynamic PS, PWV
-2.21% Dividend Appreciation Vipers, VIG
-2.22% Value LargeCap Euro STOXX 50 DJ, FEU
-2.22% Pacific VIPERs, VPL
-2.24% Malaysia Index, EWM
-2.24% Switzerland Index, EWL
-2.24% Nanotech Lux, PXN
-2.25% Dividend SPDR, SDY
-2.27% Growth 1000 Russell, IWF
-2.29% IPOs, First Tr IPOX-100, FPX
-2.30% Software, IGV
-2.30% Value MidCap Dynamic PS, PWP
-2.32% Value Line Timeliness MidCap Gr, PIV
-2.32% Consumer Cyclical DJ, IYC
-2.33% MidCap Growth iS M, JKH
-2.34% Growth LargeCap Russell 3000, IWZ
-2.35% Retail H, RTH
-2.35% Dividend DJ Select, DVY
-2.37% Growth SmallCap iS M, JKK
-2.38% Telecommunications & Wireless, PTE
-2.38% Growth LargeCap NASDAQ Fidelity, ONEQ
-2.39% Telecom Services VIPERs, VOX
-2.39% Growth Mid Cap Dynamic PS, PWJ
-2.41% Retail, PMR
-2.41% LargeCap Blend Core iS M, JKD
-2.41% Transportation Av DJ, IYT
-2.42% Telecom DJ US, IYZ
-2.43% Growth VIPERs, VUG
-2.45% Growth LargeCap iS M, JKE
-2.46% Growth SmallCap R 2000, IWO
-2.46% Growth BARRA Small Cap 600, IJT
-2.47% Global Titans, DGT
-2.49% Technology Global, IXN
-2.49% DIAMONDS , DIA
-2.51% LargeCap Blend Socially Responsible iS, KLD
-2.52% Building & Construction, PKB
-2.53% Growth Large Cap, ELG
-2.54% Technology DJ US, IYW
-2.54% Commodity Tracking, DBC
-2.55% SmallCap PS Zacks, PZJ
-2.57% SmallCap Core iS M, JKJ
-2.57% Info Tech VIPERs, VGT
-2.58% Technology GS, IGM
-2.60% Growth S&P 500/BARRA, IVW
-2.61% Consumer Discretionary SPDR, XLY
-2.62% Semiconductor H, SMH
-2.62% Internet H, HHH
-2.63% Growth SmallCap VIPERs, VBK
-2.64% Consumer D. VIPERs, VCR
-2.65% Technology SPDR, XLK
-2.65% Value LargeCap NYSE 100 iS, NY
-2.67% Wilshire 5000 ST TM, TMW
-2.68% LargeCap Blend Total Market DJ, IYY
-2.68% Growth LargeCap NASDAQ 100, QQQQ
-2.70% Technology MS sT, MTK
-2.70% Blend Total Market VIPERs, VTI
-2.72% Growth MidCap 400 B, IJK
-2.72% Semiconductors, PSI
-2.73% SmallCap Russell 2000, IWM
-2.75% Value SmallCap Dynamic PS, PWY
-2.75% LargeCap Blend Dynamic PS, PWC
-2.75% LargeCap Rydex Rus Top 50, XLG
-2.76% LargeCap 1000 R, IWB
-2.76% Growth MidCap Russell, IWP
-2.76% MidCap S&P 400 iS, IJH
-2.79% SmallCap S&P 600, IJR
-2.80% S&P 500 iS LargeCap Blend, IVV
-2.80% LargeCap Blend Russell 3000, IWV
-2.82% Value SmallCap S&P 600 B, IJS
-2.83% LargeCap VIPERs, VV
-2.83% Telecommunications Global, IXP
-2.84% Industrials VIPERs, VIS
-2.85% Insurance, PIC
-2.86% MidCap S&P 400 SPDRs, MDY
-2.86% Value Large Cap DJ, ELV
-2.88% Extended Mkt VIPERs, VXF
-2.89% Industrial LargeCap Blend DJ US, IYJ
-2.89% Short 200% US T Bond, TBT
-2.90% S&P 500 SPDRs LargeCap Blend, SPY
-2.90% Water Resources, PHO
-2.92% LargeCap Blend S&P 1500 iS, ISI
-2.93% MidCap Russell, IWR
-2.95% MidCap Blend Core iS M, JKG
-2.96% Value MidCap S&P 400 B, IJJ
-2.96% LargeCap Blend S&P 100, OEF
-2.97% Small Cap VIPERs, VB
-2.97% Value SmallCap Russell 2000, IWN
-3.00% LargeCap Blend S&P=Weight R, RSP
-3.01% Taiwan Index, EWT
-3.01% Value S&P 500 B, IVE
-3.02% LargeCap Blend NYSE Composite iS, NYC
-3.02% Value Small Cap DJ, DSV
-3.03% Microcap Russell, IWC
-3.04% Value LargeCap iS M, JKF
-3.04% Growth MidCap S&P 400, RFG
-3.06% Global 100, IOO
-3.07% Semiconductor SPDR, XSD
-3.07% Dividend High Yield Equity PS, PEY
-3.07% Europe 100 BLDRS, ADRU
-3.08% Growth EAFE MSCI, EFG
-3.08% Dividend International, PID
-3.14% Singapore Index, EWS
-3.15% Value VIPERs, VTV
-3.19% Micro Cap Zachs, PZI
-3.20% Value SmallCap VIPERS, VBR
-3.21% Growth Small Cap DJ, DSG
-3.22% MidCap VIPERs, VO
-3.23% Growth S&P 500, RPG
-3.25% Canada Index, EWC
-3.25% Value MidCap Russell, IWS
-3.25% Austria Index, EWO
-3.26% Networking, IGN
-3.30% Internet Infrastructure H, IIH
-3.31% Value LargeCap Russell 3000, IWW
-3.31% Belgium Index, EWK
-3.31% Semiconductor iS GS, IGW
-3.33% Value 1000 Russell, IWD
-3.34% EAFE Index, EFA
-3.34% Value SmallCap iS M, JKL
-3.40% Industrial SPDR, XLI
-3.44% Energy Global, IXC
-3.45% Developed 100 BLDRS, ADRD
-3.52% Asia 50 BLDRS, ADRA
-3.54% China 25 iS, FXI
-3.55% Capital Markets KWB ST, KCE
-3.58% Materials SPDR, XLB
-3.58% Europe 350 S&P Index, IEV
-3.61% United Kingdom Index, EWU
-3.62% Netherlands Index, EWN
-3.68% Value MidCap iS M, JKI
-3.68% Value LargeCap Fundamental RAFI 1000, PRF
-3.69% Sweden Index, EWD
-3.74% Materials VIPERs, VAW
-3.75% Mexico Index, EWW
-3.77% China LargeCap Growth G D H USX PS, PGJ
-3.77% Pacific ex-Japan, EPP
-3.77% Homebuilders SPDR, XHB
-3.78% Financials Global LargeCap Value, IXG
-3.79% Value EAFE MSCI, EFV
-3.80% Energy SPDR, XLE
-3.86% Value S&P 500, RPV
-3.86% Energy VIPERs, VDE
-3.86% Oil, Crude, U.S. Oil Fund, USO
-3.91% Basic Materials DJ US, IYM
-3.91% Energy DJ, IYE
-4.02% Financials VIPERs, VFH
-4.03% Emerging 50 BLDRS, ADRE
-4.05% Energy Exploration & Prod, PXE
-4.10% Oil Services H, OIH
-4.11% European VIPERs, VGK
-4.12% EMU Europe Index, EZU
-4.13% Spain Index, EWP
-4.16% WilderHill Clean Energy PS, PBW
-4.17% Financial DJ US, IYF
-4.23% Oil & Gas, PXJ
-4.25% Natural Resource iS GS, IGE
-4.32% Australia Index, EWA
-4.36% South Africa Index, EZA
-4.43% Metals & Mining SPDR, XME
-4.45% Emerging VIPERs, VWO
-4.48% Brazil Index, EWZ
-4.52% France Index, EWQ
-4.59% Euro STOXX 50, FEZ
-4.61% Financial Services DJ, IYG
-4.63% South Korea Index, EWY
-4.63% Latin Am 40, ILF
-4.67% Emerging Markets, EEM
-4.67% Bank Regional H, RKH
-4.67% Italy Index, EWI
-4.68% Financial SPDR, XLF
-4.71% Value SmallCap S&P 600, RZV
-4.74% Internet B2B H, BHH
-4.76% Germany Index, EWG
-4.90% Ultra Dow30 Double, DDM
-5.28% India Earnings WTree, EPI
-5.34% Ultra QQQ Double, QLD
-5.53% Ultra MidCap400 Double, MVV
-5.66% Ultra S&P500 Double, SSO