Mark,
With your permission I have run tonight's scan and have arrived at a list of potential shorts for today should the market continue its downward spiral. This particular scan has had decent results when shorting an 1/8 below the prior days close (1st number next to symbol). I've also noticed this scan list can also be used to go long if the s&p, nasdaq futures are way up before the open.
In any case, here it is and thoughts and opinions welcome from all. Perhaps some of our resident experts can point out a few that look compelling from their perspective. Depending on the feedback I get I can try to post this daily. I guess the results should speak for themselves.
Now if I could only figure out how to get the proper spacing on the list. Columns contain symbol, last close, prior day's close.
AFCI, 31.375, 29.938
ALTR, 25.906, 27.312
AMCC, 49.188, 51.125
ARBA, 61.750, 67.000
BRCM, 85.062, 97.562
CACS, 9.000, 9.875
CIEN, 84.000, 97.438
CRGN, 37.375, 36.500
CWLD, 5.000, 6.125
DPMI, 48.125, 51.375
EXTR, 66.688, 70.312
FCEL, 51.688, 56.125
FDRY, 45.875, 47.750
FIBR, 18.250, 20.500
GSPN, 33.938, 39.438
HAND, 55.562, 58.812
HYBR, 7.281, 8.000
IBAS, 5.375, 5.250
ITWO, 101.688, 113.188
JDSU, 60.094, 62.062
JNIC, 49.562, 47.875
JNPR, 106.063, 123.750
MERQ, 65.125, 75.562
NEWP, 61.938, 63.062
NMSS, 18.125, 20.500
NUAN, 32.250, 36.625
NVDA, 51.422, 55.562
ORCH, 10.062, 12.688
PLUG, 14.375, 15.188
PMCS, 96.875, 102.688
QUIK, 6.000, 6.188
RIMM, 66.250, 77.500
SAPE, 18.500, 20.312
SCON, 5.344, 5.625
SDLI, 217.531, 222.375
SEBL, 77.500, 84.438
TUTS, 17.125, 19.750
TXCC, 28.750, 32.500
UTHR, 47.000, 51.000
VECO, 35.938, 38.000
VRTS, 99.031, 106.000
VTSS, 53.219, 56.875
XLNX, 45.906, 46.500
Regards,
bazan |
