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 |
| 20080903 | AF |  |
22.5 | 23.76 | 1526603 | 2 |
| 20080903 | AGO | |
18.16 | 21.63 | 2362062 | 2, 3 |
| 20080903 | ALXN | |
46 | 70.01 | 764287 | 2 |
| 20080903 | ASBC | |
18.81 | 24.22 | 2054039 | 2, 3 |
| 20080903 | BDK | |
64.8 | 66.51 | 892197 | 2 |
| 20080903 | BGG | |
15.45 | 17.17 | 960438 | 2 |
| 20080903 | BKD | |
22.87 | 23.99 | 803534 | 2 |
| 20080903 | BORL | |
1.94 | 2.04 | 858947 | 2 |
| 20080903 | BPFH | |
9.47 | 13.99 | 1104064 | 2, 3 |
| 20080903 | BTO | |
5.24 | 5.70 | 264478 | 2 |
| 20080903 | CHS | |
6.11 | 7.52 | 4521454 | 2 |
| 20080903 | CINF | |
30.85 | 34.63 | 1582045 | 2 |
| 20080903 | CMA | |
29.71 | 35.92 | 4905336 | 2 |
| 20080903 | CPF | |
12.48 | 16.11 | 539677 | 2, 3 |
| 20080903 | CPX |  |
24.87 | 24.46 | 1252725 | 1, 3 |
| 20080903 | CRNT | |
9.21 | 9.26 | 438495 | 2 |
| 20080903 | CTX | |
16.51 | 20.15 | 6695974 | 2 |
| 20080903 | DDS | |
13.45 | 16.21 | 1790986 | 2, 3 |
| 20080903 | DHI | |
12.9 | 13.34 | 8024132 | 2 |
| 20080903 | DLLR | |
19.47 | 21.97 | 323072 | 2, 3, 4, 5 |
| 20080903 | DTG | |
5.23 | 14.05 | 688283 | 2, 3 |
| 20080903 | ENH | |
32.89 | 36.35 | 524277 | 2 |
| 20080903 | ETFC | |
3.52 | 3.78 | 19577212 | 2, 3 |
| 20080903 | EWBC | |
14.12 | 17.11 | 2433753 | 2 |
| 20080903 | FAF | |
26.36 | 32.09 | 1280971 | 2, 3 |
| 20080903 | FHN | |
11.74 | 13.94 | 6681553 | 2, 3, 4, 5 |
| 20080903 | FITB | |
16.41 | 20.45 | 16312224 | 2 |
| 20080903 | FOSL | |
31.01 | 33.45 | 1030422 | 2 |
| 20080903 | GERN | |
4.68 | 4.82 | 655120 | 2 |
| 20080903 | GNW | |
16.35 | 21.55 | 4660456 | 2 |
| 20080903 | GSAT | |
3.2 | 5.51 | 411854 | 2 |
| 20080903 | HPOL | |
1.85 | 2.58 | 383378 | 2, 3, 4 |
| 20080903 | IAR | |
1.81 | 7.38 | 4135879 | 2 |
| 20080903 | IGR | |
12.64 | 14.51 | 261093 | 2 |
| 20080903 | ITB | |
16.93 | 17.47 | 804622 | 2 |
| 20080903 | JLL | |
51.85 | 68.95 | 695639 | 2, 3, 4, 5 |
| 20080903 | JWN | |
33.33 | 33.83 | 5050954 | 2, 3 |
| 20080903 | KBE | |
34.18 | 38.55 | 6099814 | 2 |
| 20080903 | KEY | |
12.71 | 19.75 | 11426350 | 2 |
| 20080903 | LEH | |
16.94 | 41.40 | 46163995 | 2 |
| 20080903 | LEN | |
13.71 | 16.10 | 6525829 | 2 |
| 20080903 | LIZ | |
17.47 | 17.87 | 2315059 | 2, 3, 5 |
| 20080903 | M | |
21.89 | 23.38 | 7414177 | 2 |
| 20080903 | MAC | |
65.34 | 67.04 | 963483 | 2, 3 |
| 20080903 | MATK | |
32.87 | 32.38 | 495669 | 1 |
| 20080903 | MF | |
7.65 | 16.92 | 3209766 | 2, 3 |
| 20080903 | MI | |
16.23 | 22.35 | 5860185 | 2 |
| 20080903 | MS | |
42.17 | 44.41 | 17901765 | 2 |
| 20080903 | MTB | |
73.67 | 81.34 | 1962118 | 2 |
| 20080903 | MTG | |
9.8 | 13.23 | 3946020 | 2, 3, 4, 5 |
| 20080903 | NCC | |
5.08 | 10.38 | 27464422 | 2, 3 |
| 20080903 | NPBC | |
14.82 | 15.75 | 855078 | 2 |
| 20080903 | NRO | |
9.08 | 10.65 | 284471 | 2 |
| 20080903 | NX | |
17.57 | 35.29 | 323148 | 2 |
| 20080903 | NYT | |
13.64 | 16.80 | 1379245 | 2 |
| 20080903 | OMX | |
13.75 | 18.99 | 1852044 | 2 |
| 20080903 | PFG | |
46.54 | 54.19 | 2192071 | 2 |
| 20080903 | RT | |
7.94 | 8.05 | 972038 | 2, 3, 4 |
| 20080903 | RVI | |
4.94 | 5.25 | 392670 | 2 |
| 20080903 | RYL | |
24.45 | 26.88 | 2312831 | 2 |
| 20080903 | SFG | |
49.78 | 49.91 | 335397 | 2 |
| 20080903 | SNS | |
7.96 | 8.14 | 266177 | 2 |
| 20080903 | STAR | |
14 | 15.05 | 1022747 | 2 |
| 20080903 | STI | |
45 | 53.52 | 7343585 | 2 |
| 20080903 | STSA | |
11.65 | 12.36 | 1504315 | 2, 3 |
| 20080903 | SUSQ | |
17.23 | 18.10 | 981243 | 2, 3 |
| 20080903 | SVVS | |
16.34 | 18.86 | 793698 | 2 |
| 20080903 | THO | |
24.25 | 28.73 | 578099 | 2 |
| 20080903 | TPX | |
11.76 | 15.44 | 1755974 | 2, 3 |
| 20080903 | TRAD | |
10.43 | 10.64 | 453145 | 2, 3, 5 |
| 20080903 | TSFG | |
7.61 | 10.73 | 2211965 | 2, 3 |
| 20080903 | TTWO | |
23.17 | 22.56 | 1457228 | 1, 3, 4, 5 |
| 20080903 | UCBH | |
6.54 | 8.59 | 3950072 | 2, 3, 4, 5 |
| 20080903 | UTR | |
26.05 | 35.65 | 254874 | 2 |
| 20080903 | VMED | |
12 | 14.28 | 6605776 | 2, 3, 4, 5 |
| 20080903 | WL | |
24.92 | 30.58 | 1194849 | 2 |
| 20080903 | WOOF | |
31.12 | 33.40 | 651940 | 2, 3 |
| 20080903 | WPZ | |
31.09 | 34.24 | 277655 | 2 |
| 20080903 | WTFC | |
24.85 | 30.38 | 415623 | 2, 3 |
| 20080903 | XLF | |
22.06 | 25.21 | 154760027 | 2 |
| 20080903 | ZGEN | |
8.76 | 9.85 | 445625 | 2, 3, 4, 5 |
| 20080903 | ZION | |
30.69 | 42.00 | 4495986 | 2, 3 |
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!