Action Points

I posted some Short Setups that are nearing actionable and low risk levels. On another note, I've been running my "Bounce Scans" the past few days, but I'm not finding many that offer adequate risk / reward. They are aggressive, but the only new long setups I saw today are PCBC and SWSI .

Short Setups (Click on Symbol for Annotated Chart) BBH Biotech Holders ETF CNW Con-Way GOOG Google TJX TJX Companies HTS Hatteras Financial RAX Rackspace Hosting GPI Group 1 Automotive GS Goldman Sachs LZ Lubrizol ICUI ICU Medical RY Royal Bank of Canada ORLY O'Reilly Automotive MNRO Monroe Muffler ACGL Arch Capital Group SAN Banco Santiago TPP Teppco Partners KMR Kinder Morgan Management SNX Synnex FISV Fiserv WDC Western Digital MHS Medco Health Solutions MVL Marvel Enterprises CXW Corrections Corp of America SLGN Silgan Holdings LNCE Lance Inc SJM The J.M. Smucker Company JNJ Johnson & Johnson ATHR Atheros Communications