Action Points

I was pressed for time today and was unable to thoroughly go over all of my scans, but I still came up with more than enough fresh setups to keep us all busy as we head into next week. Since many of the short setups I posted last week still look the same, I decided not to post an updated chart on this weeks review. However, I did include them on the SpreadSheet . They are marked with an asterisk to distinguish them from the others.

Breakout Setups (Click on Symbol for Annotated Chart) WNR Western Refining BEXP Brigham Exploration TTES T-3 Energy BONT Bon-Ton Stores COMV Comverge PCX Patriot Coal DRYS Dry Ships STV China Digital TV LCAV LCA-Vision LLNW Limelight Networks LNG Cheniere Energy NKTR Nektar Therapeutics NNBR NN Inc DTG Dollar Thrifty Group BTIM Bio Time CRTX Critical Therapeutics (Low Volume) FTAR Footstar (Low Volume) FTK Flotek Industries AHD Atlas Pipeline ARM Arvinmeritor MPEL Melco PB Entertainment CAP CAI Intl SRI Stoneridge SRZ Sunrise Senior Living OSK Oshkosh JMBA Jamba KDE 4Kids Entertainment (Low Volume) CDII China Direct CYRV Crystal River (Low Volume) SYMX Synthesis Energy (Low Volume) AVNR Avanir Pharma (Low Volume) NCST Nucryst Pharma (Low Volume) GTXO GTX Corp (Low Volume) ETF Setups (Click on Symbol for Annotated Chart) SDS ProShares UltraShort S&P 500 SRS ProShares UltraShort Real Estate SSG ProShares UltraShort Semiconductors UYG ProShares Ult

Since I've been doing a few daytrades the past few days, I thought I'd post a couple of low risk setups I'll be watching over the next day or three. They offer minimal risk because I intend on using tight trade parameters. They are all based on the 60 minute time frame, and they all finished the day over the downward sloping 200 Day Moving Average on the daily.

Intraday Chart Setups (Click on Symbol for Annotated Chart) SKF ProShares UltraShort Financials OII Oceaneering Intl PJC Piper Jaffrey QSII Quality Systems CTRP Ctrip.com NKE Nike LKQX LKQ Corp MIDD Middleby Corp EAT Brinker Intl PNRA Panera Bread CBRL Cracker Barrel MFE McAfee

Since I posted a ton of setups, I created a SpreadSheet to make it easier to import the levels in a watch list. I realize I post a lot, but I think it's useless to share what I do "after" I do it. Unfortunately, there will be some that never trigger. On the other hand, there will be a lot that will. I haven't forgotten about the account I'm going to have linked at the blog. I'll have it up and running soon.

Breakout Setups (Click on Symbol for Annotated Chart) WNR Western Refining LLNW Limelight Networks LCAV LCA-Vision IO ION Geophysical NNBR NN Inc TTES T-3 Energy Services STV China Digital TV MTW Manitowoc AHD Atlas Pipeline Partners PCX Patriot Coal KWQ Quicksilver Resources LNG Cheniere Energy XRTX Xyratex INSM Insmed NKTR Nektar Therapeutics OCNF Ocean Freight DTG Dollar Thrifty Auto Group NFP National Financial Partners ABR Arbor Realty MPEL Melco PBL Entertainment DDR Developers Diversified Realty COMV Comverge CAP CAI International CYRV Crystal River Capital TOMO Tomo Therapy COGT Cogent CRTX Critical Therapeutics ACI Arch Coal NED Noah Education SATS EchoStar Holding SRZ Sunrize Senior Living EGMI Electronic Game Card DIVX DivX SYMX Synthesis Energy ARM Arvinmeritor CMZ Compton Petroleum VSPC VioSpace ETF Setups (Click on Symbol for Annotated Chart) QID ProShares Ultra Short QQQ SSG ProShares Ultra Short Semiconductors UYG ProShares Ultra