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
20080508	ABFS		38.25	29.92	816655	1
20080508	ALV		58.5	55.22	699320	1
20080508	ALVR		8.89	9.66	576447	2
20080508	AOI		5.86	5.73	769616	1
20080508	ATPG		38.51	42.71	695765	2, 3, 4, 5
20080508	AU		39.4	40.75	2074949	2, 3
20080508	AXE		63.35	68.66	542523	2
20080508	CHTR		1.38	1.70	4689561	2
20080508	CRS		55.97	88.38	711568	2
20080508	CVC		24.76	27.55	1538142	2, 3, 4, 5
20080508	DNN		7.52	8.94	384921	2, 3
20080508	FCN		61.74	57.11	829682	1
20080508	IMCL		44.51	41.60	1508558	1
20080508	IVGN		92.84	86.09	795130	1
20080508	JADE		3.25	4.11	602847	2, 3, 4, 5
20080508	LMT		105.84	104.92	2177503	1
20080508	MCY		49.85	49.76	263203	1
20080508	MTH		17.16	16.17	992836	1
20080508	MWA/B		9.04	9.67	306282	2
20080508	OMCL		13.37	23.18	850000	2
20080508	PIR		7.2	5.72	2546838	1
20080508	PLCM		24.49	25.76	1867373	2
20080508	PSEM		16.07	13.98	307278	1
20080508	RBI		10.69	10.20	259203	1
20080508	RDK		36.55	34.40	367376	1
20080508	RNT		23.53	21.34	445837	1
20080508	SFG		51.46	49.37	456227	1
20080508	TXI		71.57	67.13	516615	1
20080508	UB		53.14	52.23	898316	1
20080508	USB		33.51	32.27	13426509	1
20080508	UVV		62.62	53.86	367501	1
20080508	XRM		2.98	4.49	311201	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!