Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.
| Date | Sym | L/S | Close | MA(200) | Vol MA(100) | Reason |
| 20080421 | ABC |  |
40.86 | 44.69 | 1515217 | 2 |
| 20080421 | ACM | |
27.68 | 28.04 | 698627 | 2 |
| 20080421 | AKAM | |
33.12 | 34.15 | 5031233 | 2, 3 |
| 20080421 | ALV | |
53.92 | 55.21 | 671735 | 2, 3 |
| 20080421 | ALY | |
15.15 | 16.62 | 442508 | 2, 3 |
| 20080421 | AN | |
15.81 | 16.85 | 2683585 | 2 |
| 20080421 | ANAD | |
8.5 | 12.27 | 2024987 | 2, 3, 4, 5 |
| 20080421 | ARM | |
13.29 | 14.29 | 1413174 | 2 |
| 20080421 | AVB | |
101.13 | 104.68 | 1259752 | 2 |
| 20080421 | AXP | |
45.7 | 53.58 | 11314462 | 2 |
| 20080421 | BGY | |
16.47 | 17.10 | 367904 | 2 |
| 20080421 | BRO | |
17.35 | 23.21 | 672736 | 2, 3 |
| 20080421 | BWA | |
47.67 | 72.15 | 1070224 | 2 |
| 20080421 | CBG | |
22.85 | 24.40 | 4205054 | 2, 3 |
| 20080421 | CME | |
523.5 | 581.96 | 970606 | 2 |
| 20080421 | CNK | |
14.53 | 16.26 | 298451 | 2 |
| 20080421 | CPKI | |
15.41 | 16.23 | 736720 | 2 |
| 20080421 | CTR | |
15.71 | 18.04 | 259418 | 2 |
| 20080421 | CX | |
27.38 | 28.68 | 5332731 | 2 |
| 20080421 | DELL | |
19.56 | 24.53 | 31582651 | 2 |
| 20080421 | DIA | |
128.03 | 130.89 | 16083191 | 2 |
| 20080421 | DLB | |
37.84 | 40.95 | 973721 | 2 |
| 20080421 | DST | |
67.3 | 77.24 | 782783 | 2 |
| 20080421 | DSTI | |
3.39 | 4.30 | 914667 | 2 |
| 20080421 | DWA | |
27.26 | 28.07 | 669510 | 2 |
| 20080421 | ECLP | |
20.34 | 22.83 | 616389 | 2 |
| 20080421 | EFII | |
15.16 | 21.25 | 732794 | 2 |
| 20080421 | ETW | |
16.6 | 17.51 | 292552 | 2 |
| 20080421 | EXG | |
16.44 | 17.04 | 1161873 | 2 |
| 20080421 | EXM | |
39.54 | 41.83 | 1186109 | 2, 3, 4, 5 |
| 20080421 | FCSX | |
41.39 | 42.73 | 792644 | 2 |
| 20080421 | GPI | |
24.88 | 29.41 | 503018 | 2 |
| 20080421 | GS | |
180.4 | 197.47 | 12985567 | 2 |
| 20080421 | HAYZ | |
3.16 | 4.05 | 548858 | 2 |
| 20080421 | HD | |
28.98 | 30.91 | 18312391 | 2, 3 |
| 20080421 | HMC | |
32.3 | 32.60 | 644939 | 2, 3, 5 |
| 20080421 | HPOL | |
2.73 | 3.79 | 286627 | 2 |
| 20080421 | HRS | |
52.38 | 56.29 | 992450 | 2, 3 |
| 20080421 | HTCH | |
16.58 | 21.60 | 554396 | 2 |
| 20080421 | IRF | |
22.64 | 30.88 | 813356 | 2 |
| 20080421 | ITU | |
26.73 | 31.79 | 5840677 | 2 |
| 20080421 | IVW | |
67.14 | 67.52 | 1284867 | 2 |
| 20080421 | JBL | |
10.78 | 17.87 | 3146701 | 2 |
| 20080421 | JPC | |
10.49 | 11.38 | 279566 | 2 |
| 20080421 | JQC | |
10.53 | 11.44 | 382941 | 2 |
| 20080421 | KR | |
25.31 | 26.71 | 6525217 | 2 |
| 20080421 | KSS | |
46.09 | 51.32 | 5912364 | 2 |
| 20080421 | LCAV | |
12.49 | 23.54 | 541152 | 2 |
| 20080421 | LOGI | |
27.09 | 29.30 | 1289722 | 2 |
| 20080421 | LXK | |
35.31 | 36.33 | 1761457 | 2 |
| 20080421 | MFA | |
6.91 | 8.14 | 3790236 | 2 |
| 20080421 | MHP | |
38.76 | 47.04 | 2725008 | 2 |
| 20080421 | MHS | |
47.78 | 77.88 | 3833344 | 2 |
| 20080421 | MSFT | |
30.42 | 30.85 | 78532414 | 2 |
| 20080421 | MTN | |
48.36 | 52.58 | 605655 | 2 |
| 20080421 | MYE | |
13.03 | 17.11 | 376721 | 2 |
| 20080421 | NAT | |
34.25 | 34.31 | 305905 | 2 |
| 20080421 | NM | |
11.68 | 12.45 | 1054035 | 2 |
| 20080421 | NMX | |
99.09 | 117.72 | 1982612 | 2 |
| 20080421 | NSANY | |
17.8 | 19.67 | 672833 | 2, 3, 5 |
| 20080421 | OSK | |
38.5 | 49.59 | 883997 | 2, 3 |
| 20080421 | PAA | |
50.41 | 52.86 | 356270 | 2 |
| 20080421 | PBI | |
35.59 | 40.44 | 1443999 | 2 |
| 20080421 | PPC | |
25.59 | 29.05 | 987905 | 2, 3, 4, 5 |
| 20080421 | PWB | |
17.45 | 17.78 | 328958 | 2 |
| 20080421 | QLD | |
80.35 | 92.19 | 10348728 | 2 |
| 20080421 | QSFT | |
13.34 | 15.56 | 1268746 | 2 |
| 20080421 | QSII | |
32.01 | 33.72 | 280517 | 2 |
| 20080421 | RDY | |
15.6 | 15.70 | 331760 | 2 |
| 20080421 | RTH | |
95.54 | 96.02 | 7352250 | 2 |
| 20080421 | SFD | |
28.9 | 29.06 | 1426187 | 2 |
| 20080421 | SHY |  |
83.321 | 82.13 | 1028493 | 1 |
| 20080421 | SIMO | |
15.14 | 18.75 | 474204 | 2 |
| 20080421 | SMOD | |
5.87 | 8.76 | 486337 | 2, 3 |
| 20080421 | SPY | |
138.55 | 143.98 | 227888295 | 2 |
| 20080421 | SSO | |
72.68 | 82.98 | 6614201 | 2 |
| 20080421 | SVVS | |
17.45 | 30.34 | 895530 | 2 |
| 20080421 | SYNT | |
28.77 | 34.25 | 308239 | 2 |
| 20080421 | TLAB | |
6.02 | 8.05 | 9014172 | 2 |
| 20080421 | TM | |
103.72 | 110.48 | 688937 | 2 |
| 20080421 | TWX | |
14.95 | 17.18 | 24304205 | 2 |
| 20080421 | UBS | |
35.84 | 46.13 | 6118147 | 2 |
| 20080421 | URI | |
19 | 25.47 | 1652905 | 2 |
| 20080421 | VVR | |
6.49 | 7.11 | 745015 | 2, 3 |
| 20080421 | WHI | |
1.22 | 1.69 | 960448 | 2 |
| 20080421 | WSM | |
27.72 | 28.20 | 2007056 | 2 |
| 20080421 | XXIA | |
7.02 | 8.84 | 285309 | 2, 3, 4, 5 |
1. 5 Consecutive down days.
2. 5 Consecutive up days.
3. Volume is 30% over the 10-day moving average.
4. Volume is 70% over the 30-day moving average.
5. Volume is 50% over the 50-day moving average.
Happy Trading!