Fund Ranking Update, 6 /27/2008

Market sentiment kept deteriorating, DJIA lost 4.2%, and NASDAQ lost 3.8% for the week. As can be seen in the chart for S&P 500, the STO is heading down to the over sold area (below 20). It can get uglier before it gets better. Although energy related sectors remain strong for now, they will eventually follow suit if general market gets worse. We will just have to see how the whole thing evolves.

The weekly Average Momentum Index (AMI) Rankings of SSPP, nSSPP, SELECT, ETF can be seen in:
http;;/yechen.pan.googlepages.com/