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At the end of each trading week, Hillbent scans the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.

(The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point for investment ideas as the upcoming trading week unfolds. Of course, the results generated are not always perfect and users are strongly encouraged to perform their own due diligence on these names. Note that overbought and oversold conditions are based upon proprietary algorithms and quantitative models instead of conventional technical analysis indicators. As a supplement to this report, please refer to our ETF Trends Report to determine if market direction trends support a bullish or bearish investment bias over short-term, intermediate, and long-term timeframes.)

1) Stocks with Hillbent’s proprietary "A" (strongest) or "B" (next strongest) ranking in terms of positive fundamentals for revenue and earnings stability comprise what is better known as the "Weekly Babies With Bathwater" watchlist. (See results below)

Weekly Babies With Bathwater (08-28-2009)

Wkly Wkly Vol Avg 5D Vol Hillbent
Company Ticker Price % Chg % Chg % Chg Grade
Bridgepoint Edu BPI $18.51 -13.30 45 9 A
Charming Shoppe CHRS $5.26 -7.88 20 41 B
Centennial Comm CYCL $7.57 -5.85 66 2 B
Flushing Finl FFIC $13.24 -5.02 168 55 B
Hill Intl Inc HIL $6.19 -9.24 19 22 B
Hsn Inc HSNI $10.74 -10.80 37 -34 B
I2 Technologies ITWO $14.78 -10.21 82 49 B
Open Text Corp OTEX $35.58 -7.18 46 95 B
Petrobras-Adr P PBR.A $34.45 -6.39 30 4 B
Polyone Corp POL $5.29 -6.37 39 5 B
Revlon Inc-A REV $4.65 -7.00 45 5 A
St Mary Ld&Expl SM $27.30 -5.60 25 5 B
Winn-Dixie Strs WINN $13.86 -11.04 69 37 A
Walter Energy WLT $54.80 -8.02 61 37 A

2) Stocks with Hillbent’s proprietary "E" (weakest) or "D" (next weakest) ranking in terms of negative fundamentals for revenue and earnings stability represent what is better known as the "Weekly Dogs With Fleas" watchlist. (See results below)

Weekly Dogs With Fleas (08-28-2009)

Wkly Wkly Vol Avg 5D Vol Hillbent
Company Ticker Price % Chg % Chg % Chg Grade
Amer Dairy Inc ADY $31.85 6.17 -15.1 -22.7 E
Albany Intl A AIN $17.85 5.25 -8.5 3.6 D
Hibbet Sports HIBB $17.67 6.77 -50.6 33.9 E
Hospitality Prp HPT $18.84 5.02 -14.3 -22.3 E
Ing Groep-Adr ING $15.36 11.39 -28.3 23 D
Layne Christens LAYN $26.86 6.04 -5.3 -21.9 D
Mobile Mini Inc MINI $17.96 9.05 -7 -38.5 E
Elizabeth Arden RDEN $10.65 6.18 -54.7 -34.4 D
Rambus Inc RMBS $19.42 6.41 -22.9 4.5 D
Sunoco Inc SUN $27.41 5.22 -6.9 -9.6 D
Tal Intl Grp TAL $12.76 9.43 -28 -38.9 E
Source: 14 'Babies with Bathwater' and 11 'Dogs with Fleas' Stocks for the Week