Yes, Friday was ugly - but "Black Friday" doesn't really have a ring to it and volume - although higher - was not a fearful capitulation. The indices do have their problems, not least those of the semiconductor index and Transport index which both suggest a weak economy: The semiconductor index is threatening long term lows which runs contrary to that of the parent Nasdaq indices and the Transports have created a classic failed breakout and counter breakdown. Given both of these indices were a long way from confirming strength in the Nasdaq/Nasdaq 100 and Dow it should have been of no surprise to have seen a day like today: Factor in "Death Crosses" for the Transports and Small caps and you have a recipe for trouble: What happens at August lows (should they be tested) will be interesting as internals did confirm this low as a major bottom - a break of which would go a long way towards confirming the start of a cyclical bear market withing a secular bear market.

There was a bit of traction for the markets as early weakness was turned into afternoon strength. The Trade Ideas scan was up with the buying as the "Top-8" list chalked in at 7 minutes and a "20-appearance" list in 4 hours and 12 minutes . A welcome relief for bulls. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you are interested in knowing what I do with the "Top-8" and "20-appearance" data I have prepared a report here . Trade Ideas

Another day of mixed fortunes for the averages. The semiconductors were able to relieve some of the pressure of recent days, but other indices stalled. The Trade Ideas scan slowed some more; the "Top-8" list drifted out into more bearish territory of 13 minutes , while the "20-appearance" list only comprised of three picks (ABI, BOKF, and GSH) - not exactly rich pickings: If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you are interested in knowing what I do with the "Top-8" and "20-appearance" data I have prepared a report here . Trade Ideas

Lifeway Foods ( LWAY ) was the best play of the summer for the portfolio, but unfortunately the stock undercut what I considered to be support, and the position was stopped out for a reduced profit (an alternative support would be the lows of the big white candlestick i.e. a loss of $17). The 700 share position finished with a +$3,052 ( +33.5% ) profit. The gains were enough to give a net positive return for August ( +2.5 % per trade) Collective2

There was a greater level of technical damage as volume registered a third distribution day out of four. The Trade Ideas scan was not as pessimistic in its outlook; the "Top-8" pick list came in at 10 minutes (borderline bearish), with a "20-appearance" list in at 4 hours and 30 minutes . If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you are interested in knowing what I do with the "Top-8" and "20-appearance" data I have prepared a report here . Trade Ideas

Bears took another stab at bulls. The damage was not as bad as it could have been. The Trade Ideas scan kept bullish form with a "Top-8" pick list done in 7 minutes , although only three stocks crossed the 20-appearance threshold. This compared favorably to Friday's 51 minutes for the "Top-8" picks. If you would like to try a full version of the Trade-Ideas software, follow this link for a free 7-day trial. If you are interested in knowing what I do with the "Top-8" and "20-appearance" data I have prepared a report here . Trade Ideas

A busy day for the Collective2 portfolio. One play which I forgot to publish last week was the brief 1-day fling for Genomic Health ( GHDX ). The 500 share lot closed for a -$495 ( -4.8% ) loss which was a frustrating loss as I looked to increase equity exposure. The three hits for today produced mixed results: Allion Healthcare ( ALLI ) did not release any news but the stock jumped 5% on heavier volume in the absence of news. Unfortunately, the stop was hit on the initial break of support. The 1,400 share play closed for a +$252 ( +2.8% ) profit - but today's exit was a fakeout. The second stock, ClickSoftware Technologies ( CKSW ) is set to release earnings on October 31st. But a second day of gains saw the stock tag resistance (and therefore hit its target), for a +27% gain, or a +$2,780 gain on a 2,000 share lot. Finally, there was a loss for Amicus Therapeutics ( FOLD ). Although there was no news released on the day, the stock fell back to undercut what looked to be rea