Thoughts....

The Weekend Review, the Index Watch and the Spreadsheet are all complete. Trading around the short and long setups will continue to provide us with favorable risk / reward as opposed to buying the breakouts and the occasional breakdown setup I post. As I've mentioned before, we have to trade like a pro if we want to be a pro. That means we short into strength and we buy weakness. The approach I'll continue to take will be primarily based on identifying simple support and resistance, pattern setups, key moving averages and investor sentiment.

Here are a few more short setups I didn't include in the earlier post:

GOLD Randgold Resources
SOHU Sohu.com
IHS IHS Inc
AMTD Ameritrade
ITUB Itau Unibanco

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