Weekly Newsletter 10/24/08
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You are receiving this email because you are or were a BreakoutWatch.com subscriber, or have subscribed to our weekly newsletter. This newsletter summarizes the breakout events of the week and provides additional guidance that does not fit into our daily format. It is published each weekend.
Market Summary Weekly Breakout Report Top Breakout Choices Top 2nd Chances New Features Tip of the Week
Prior editions of this newsletter with our valuable Tips of the Week are available here.
 Weekly Commentary  
Until we have something to say that's useful in this volatile market, where traditional TA methods have little to no value, the weekly commentary is suspended. 

While we wait for the market to bottom, to get more insight into what is happening and why, I continue to  rely on Nouriel Roubini who continues to predict with a fair degree of accuracy what has happened, what will happen and what to do about it. For lighter relief I find The Big Picture amusing as well as informative.
 New Features this Week Additional Value that we added this week
No new features this week
This Week's Top Tip Tips for getting the most out of our site
No tip this week.
 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD
Dow 8476.2 -4.25% -36.1%
NASDAQ 1552.03 -9.31% -41.48%
S&P 500 876.77 -6.78% -40.29%
Russell 2000 471.12 -10.51% -38.5%
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
Dow Jones
-4.25 %		 Dow Jones
-25.46 %		 Dow Jones
-34.25 %		 Dow Jones
-36.1 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Long Distance Carriers Long Distance Carriers Long Distance Carriers REIT - Healthcare Facilities
 Most Improved Industry (by change in technical rank2)
Aluminum
+ 54		 Aluminum
+ 99		 Long Distance Carriers
+ 213		 Long Distance Carriers
+ 210
Charts of each industry rank and performance over 12 months are available on the site

1The Market Signal is derived from our proprietary market model. The market model is described on the site.
2The site also shows industry rankings based on fundamentals, combined technical and fundamentals, and on price alone. The site also shows daily industry movements.
 Weekly Breakout Report How confirmed breakouts performed this week
# of Breakouts
Period Average1
Max. Gain During Period2
Gain at Period Close3
This Week 21 0% 0%
Last Week 22.62 0% 0%
13 Weeks 291 22.62 13.26%
 -26.41%
1The average number of breakouts in each week over the previous 13 weeks.
2This represents the return if each stock were bought at its breakout price and sold at its intraday high.
3This represents the return if each stock were bought at its breakout price and sold at the most recent close.
 Top Breakout Choices Stocks on our Cup-and-Handle list with best expected gain if they breakout
Category
Symbol
Company Name
Expected Gain1
Best Overall CTGX Computer Task Group Inc 93
Top Technical SINT Si International 21
Top Fundamental WES WESTERN GAS PARTNERS 58
Top Tech. & Fund. AFAM Almost Family Inc 44
1This is the gain predicted by our Expected Gain model if the stock breaks out. Expected Gains for all cup-and-handle stocks are published on our site.
 Top Second Chances Stocks that broke out this week and are still in buyable range
Category
Symbol
Company Name
Expected Gain1
There were no successful breakouts this week, so no second chances.
1This is the gain predicted by our Expected Gain model after the stock has broken out which uses the volume on breakout as a predictive term. Because the model variance is +/- 38% the expectation can be negative.
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