Candidates for 08/31/2010

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
20100830 COO 39.83 38.02 417419 1, 3
20100830 GDP 13.35 17.58 1191071 2
20100830 NRGY 37.96 37.14 252278 1
20100830 PEP 63.6 63.52 7287966 1
20100830 SBIB 5.1 5.18 1117182 2
20100830 UNTD 5.26 6.77 732571 2
20100830 WCBO 2.38 2.61 432133 2, 3, 4

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!