Thoughts....

I posted a few more setups to watch if the market pushes higher. If you're a subscriber to the FeedBurner service, you'll have to come to the blog and click on each chart to see the full picture.

New Setups for October 30, 2008

Thoughts....

I've added a few setups to keep an eye on over the next couple of days. To avoid the craziness that normally accompanies the open, I sit out the first 15 - 20 minutes 95% of the time. I'll miss some nice trades, but it usually saves me more often than not. I also included some intraday setups I'll have my eye on the next couple of days. I think the market will trade inside the 840 - 1045 range for awhile longer, but I don't have a clue where it's headed after that.

Index Watch for October 29, 2008

New Setups for October 29, 2008 (Intraday)

New Setups for October 29, 2008 (Daily)

Thoughts....

I've included several new setups in the weekend update. Despite the weakness in the market, I'm still locating a ton of short setups that I feel offer good risk to reward opportunities. I also added a few intraday ETF setups to the list. I'll try to make a few posts during the week.

Index Watch for October 27, 2008

Review for Week of October 27, 2008

Breakout Setups
(Click on Symbol for Annotated Chart)

BIOD Biodel
GSAT Globalstar
EPEX Edge Petroleum
STV China Digital TV Holding
NTT NTT DoCoMo
URG Ur-Energy
CMZ Compton Petroleum
BTIM BioTime
CNTF China TechFaith Wireless
WX WuXi PharmaTech
GU Gushan Environmental
DWSN Dawson Geophyisical
AKS AKSteel Holdings
NAK Northern Dynasty Minerals
RAME RAM Energy Resources
HYC Hypercom
CRZO Carrizo Oil & Gas
CIEN Ciena
XJT ExpressJet Holdings
CHRK Cherokee International
AWBC American West Bancorp
EMAG Emageon
CADM Cardima
CLXS Collexis Holding
CSCX Cardiac Science
TROXA Tronox
FSN Fusion Telecommunications
CSUH Celsius Holdings
MDOR Magnum d'Or Resources
SPNG SpongeTech Delivery Systems
VSPC Viospace

Intraday Setups
(Click on Symbol for Annotated Chart)

FXY CurrencyShares Japanese Yen
SKF ProShares UltraShort Financials
UYG ProShares Ultra Financials
UYM ProShares Ultra Basic Materials
QID ProShares UltraShort QQQ
SDS ProShares UltraShort S&P 500
TWM ProShares UltraShort Russell 2000
EEV ProShares UltraShort Emerging Markets
FXP ProShares UltraShort FTSE/China
DIG ProShares Ultra Oil & Gas

ETF Setups
(Click on Symbol for Annotated Chart)

BBH Biotech Holders
SHY 1-3 Year T-Bond iShares
TLT 20+ Year T-Bond iShares

Short Setups
(Click on Symbol for Annotated Chart)

PETS PetMed Express
SJM The J.M. Smucker Company
SJT San Juan Basin Royalty Trust
CPSI Computer Programs & Systems
GILD Gilead Sciences
STRA Strayer Education
LNDC Landec
LNT Alliant Energy
SPTN Spartan Stores
EZPW EZCORP
CLHB Clean Harbors
CHRW C.H. Robinson Worldwide
MMP Magellan Midstream Partners
ACGL Arch Capital Group
HANS Hansen Natural
HEI Heico
ICFI ICF International
LH Laboratory Amer Holding
LNCE Lance Inc
NUVA NuVasive
CMTL Comtech Telecommunications
FDG Fording
PTNR Partner Communications
PTV Pactiv
RE Everest RE Group
CVA Covanta Holding
AIT Applied Industrial Technologies
AZZ AZZ Inc
WEC Wisconsin Energy
XEL Xcel Energy
PPG PPG Industries
D Dominion Resources
ALGT Allegiant Travel
BDE Bois d'Arc Energy
ABT Abbot Labs
AMGN Amgen
CHD Church & Dwight
MMM 3M
MO Altria Group

Long Setups
(Click on Symbol for Annotated Chart)

CZZ Cossan
AMFI Amcore Financial
VMW VMware
ACTS Actions Semi
BBG Bill Barrett
BRKR Bruker
DIS Walt Disney
FARO Faro Tech
NHWK NightHawk Radiology
COMV Comverge
ACW Accuride
BBI Blockbuster
BORL Borland Software
ACH Aluminum Corp of China

Thoughts....

I went through a few charts tonight and found a few that should do well if the market continues to push up. To control the risk, I'll be using the 8 SMA via the daily as a guide for a stop. I didn't come across any new short setups that I didn't already post over the weekend. Click on each chart to see the full picture.

New Setups for October 21, 2008