Action Points

I've provided a lot of swing trading opportunities this weekend. I'll post more during the week as they become available. Instead of boring everyone with a lot of commentary, my thoughts with each setup are posted on the charts. In regards to the S&P 500, it's obvious we are pretty much in the middle of S/R. I think we'll move higher if 1234 can hold.

Breakout Setups: IDSA Industrial Services of America ASIA Asiainfo Holdings ENG ENGlobal EGMI Electronic Game Card HCKT Hacket Group CSCX Cardiac Science Group CRME Cardiome Pharma Group IDRA Idera Pharmaceuticals SIBM Silver Butte Mining Company AMRI Albany Molecular Research ZOLL Zoll Medical RMTR Ramtron International VVUS Vivus TBIO Transgenomic EGOV National Information Consortium HBIO Harvard Bioscience ETF Setups: SMH Semiconductor Holders UNG United Natural Gas Fund IWM Rullell 2000 iShares KBE Spdr KBW Bank Index ETF SDP UltraShort Utilities ProShares Short Setups: AMGN Amgen CF CF Industries Holdings CIR Circor International SCHW Charles Schwab BIDU Baidu.com ANR Alpha Natural Resources GNK Genco Shipping and Trading SIAL Sigma-Aldrich WLT Walter Industries WYNN Wynn Resorts BHI Baker Hughes CEDC Central European Distribution CSX CSX Corp FMC FMC Corp MOS Mosaic PTEN Patterson UTI-Energy RAI Reynolds American Long Setups: CREE Cree, Inc....

I've included enough setups to fill my Medved Quotetracker screen. As I mentioned last week, the majority of my posts will come over the weekend. I will, however, post during the week when I come across something that I consider to be solid. On another note, take the time to sign up for the Email Updates on the right hand side of the page. I like the format, and it will save you some time.

Breakout Setups: (Click on Link for Full Picture) ABI AMRI ASIA CRME CSCX EGMI EGOV ENG HBIO HCKT IDRA OSIR RMTR VVUS Short Setups: ATVI CIG CLHB SCHW SIAL Long Setups: BBI CREE EP GHS HIMX HMY RAME SMH TAN UNG Updated Setups: ALTH PCTI FE GSG MTL