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Begin part 2 of 3

NOTE: PART 2 PRECEDES PART 1 THIS EVENING. PART 1 MARKET VIDEO IS AVAILABLE AT THE FOLLOWING LINK:

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http://investmenthouse1.com/ihmedia/marketsummary.wmv

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CONTINUING PLAY LIST

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LEGEND FOR CONTINUING PLAY TABLE

DATE: date play first appeared on report.

PLAY: Denotes the type of pattern or play.
Upside play types: Asc Tri =Ascending triangle; BO=Breakout; Cup=Cup base; Cup hdl=Cup w/handle; DB hdl=Double bottom w/handle; Dbl btm=Double bottom; Flat=Flat base; FlyPlat=Flying Plateau; Pennant=Pennant; Rv H&S=Reverse head & shoulders; Saucer=Saucer base; Test 18=Testing 18 day MVA; Test 50=Testing 50 day MVA; Test BO=Testing the breakout (could be 10 day MVA test, etc.)
Downside play types: CCall=Covered Call; Dsc Tri=Descending triangle; Dbl Top=Double top; H&S=Head & shoulders; Put (generic downside);

PIVOT=Buy point

Tgt=Target stock price for the play. Applies to stock and options.

Vol=Volume for the most recent session.

TgtV=Target volume to enter the play.

Stop=Stop advisory point. This is advisory and we may or may not exit a play if it hits this level depending upon market conditions.

PLAY STATUS: Buy not hit (stock has not hit buy point); Buy not issued (stock has hit buy point but did not enter due to weak volume, poor intraday action, poor market action); Current (ongoing play already entered); Entered today (entered the play that session); Exited (closed the position); Target hit (play hit initial target; will note if took all or partial gain or let run further); Trailing stop (exited using a trailing stop loss).

Upside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AAPL 07/08 Rolling 169.45 +2.04 138.55 149.91 16M 23M 162.92
Current. Dipped much lower intraday but reversed after finding the 18 day EMA (165.23) as support to close positive. Nice recovery off the low and up a little more after hours. Not able to make headway yet but buyers are still willing to buy at this level so it is looking ok for Friday.

AAPL 04/15 Test 20 169.45 +2.04 119.69 132.77 16M 25M 162.92
Current.

AF 08/24 Pennant 10.66 -0.26 11.18 13.91 1M 1.6M 10.48
Buy Not Issued. Faded back with below average volume but bounced some off the 200 day SMA (10.45) as support. Holding at the mid August low at the bottom of the pennant pattern and time to turn back higher to hold the pattern.

AKS 07/23 Test 18 20.70 +0.10 19.65 23.55 7.7M 12M 19.21
Current. Good reach lower to the trendline and rebound to close very slightly positive. Good shakeout and now working solidly in an Asc Tri. Looking to turn a little higher here.

AKS 07/13 Test 50 20.70 +0.10 17.24 20.58 7.7M 12M 19.21
Current.

ANSS 08/22 Pennant 36.32 +0.09 36.20 41.95 397K 775K 34.58
Current. Lateral step to a doji that held support at the 10 day EMA (35.89). Pennant pattern is finishing up now and starting a leg higher from this level is just what we are looking for if it can continue to hold.

ASF 08/24 DB hdl 24.68 +0.09 24.60 29.88 72K 300K 23.72
Entered today. Moved in with the great test lower to the 50 day EMA (23.93) and recovery. Now we see what it can do with Thursday's test to finish the week.

BABY 08/19 Pennant 14.59 -0.09 14.03 16.92 84K 335K 13.77
Nice test lower with light trade to hold the early August highs and bounce off some support at the 10 day EMA (14.43). Good level to hold right here and then start working higher again.

BBBB 08/19 Flag 35.46 -0.22 36.04 41.75 100K 425K 34.89
Current. Very small step lower but the real story is the good recovery off the low. Very light trade with the move down and we could see the bounce continue Friday, but if it tests back again that is ok as well. Around the 18 day EMA (35.16) is where we want it to hold.

BEN 06/25 Test 50 92.98 -0.48 71.80 79.95 971K 3.4M 90.42
Current. Low volume day as BEN takes things slow at this level. Tested the 18 day EMA (91.51) to find support and we do not want to see a move lower than that if it continues to test.

BHP 08/10 Flag 63.66 +1.01 63.48 72.94 3.7M 7M 62.21
Current. Nice test and recovery to post modest gains at the close. Looks to be putting in a higher low here and is looking very nice.

BIDU 07/29 Flag 340.10 -3.62 355.11 388.45 985K 2.5M 335.88
Current. Very orderly step lower after reversing the intraday dip further down. Keeping things tidy here but still not great action after recovering the gap and then failing at the old high. Need to see this level hold at the bottom of the July/August lateral move of a few weeks ago, and as BIDU is moving a bit higher after hours it may be doing just that.

BIDU 07/08 Test 50 340.10 -3.62 281.68 307.85 985K 2.5M 346.88
Current.

BIG 08/03 Flag 25.75 -0.62 23.64 27.95 2.2M 3M 24.89
Current. Short gap and reversal to close for a step lower. Not very strong action but holding the key level with the gap up from Tuesday. Need it to continue holding here.

BLKB 08/19 Flag 19.79 -0.12 19.60 22.94 110K 240K 18.49
Current. Nice test lower that bounced from support at the 10 day EMA (19.45). Very easy testing here but it is slipping below the prior August highs so we would like to get a bounce higher from this.

BOOM 08/26 Flat 17.06 +0.15 17.11 21.95 119K 450K 15.91
Buy Not Issued. Reversed off the intraday low to close back above support from the 50 day EMA (16.95). Holding key support but we need a solid move higher that holds as the market still looks a bit tentative to the upside.

BUCY 08/04 DB hdl 30.61 -0.31 31.68 37.94 1.7M 3.4M 31.03
Current. Slid down to tap the 50 day EMA (29.76) and jump back up decently. Important recovery for BUCY at a key level and now we want it to keep the bounce going Friday.

BWA 08/14 Rolling 29.99 +0.10 31.03 35.88 1.6M 2.5M 31.55
Current. Lateral move just over the August lows, but not too shabby after the intraday reversal off the low. Holding support and looking for the rebound now.

BWLD 07/16 Trnd Rv 42.07 +0.44 34.19 41.95 671K 925K 39.77
Current. Short gap up and then reversed splendidly off the intraday dip lower as the wings keep flapping. Looking good for Friday.

CEDC 08/12 Flag 31.48 +0.08 32.15 39.55 799K 1.2M 29.78
Current. Nice test and recovery off the low to hold for a lateral move. Keeping in good shape at this level and I really like this set up here.

CRZO 07/23 Test 50 20.86 -0.07 20.56 24.97 1.1M 1M 20.11
Current. Looked like it would need to be flushed away but reversed off support at the 50 day EMA (19.68) as the dollar rebounded to boost all things energy. Nice recovery and now time to start posting gains.

DRIV 08/05 Rolling 35.21 +0.23 35.77 40.91 344K 640K 33.78
Current. Tested a bit lower and bounced to close just over the 18 day EMA (35.18) as support. Working nicely to the side so we are giving it time to gather strength here.

EMS 08/18 Flag 46.16 +0.16 43.71 49.95 185K 335K 44.22
Current. Looking sluggish here as it steps to the side after bouncing off the intraday low. Still looking like it may test back a bit here and the 10 day EMA (44.77) is the first place we will look to work as support.

EQR 08/14 Flag 27.90 +0.08 27.39 34.87 3.4M 6.5M 25.64
Current. Bumping a bit of resistance here at the 28 dollar mark but working nicely to the side in this little consolidation. The 28 mark is now a good level to punch above.

ESRX 08/06 Test 50 72.73 +0.10 67.39 74.95 1.6M 3.5M 69.91
Current. Banged around a bit intraday but settled for a lateral move at the close right over the July closing highs. Looking fine if it holds here and works laterally.

FLIR 08/25 Asc Tri 23.21 +0.24 23.31 27.45 1.6M 2.6M 22.24
Buy Not Hit. Very cautious here as FLIR was up on rising trade but we held off. If it continues higher Friday we will feel better about it and will move in.

GIS 08/10 Test BO 59.27 -0.35 58.59 67.42 1.7M 4M 57.91
Current. Lateral move with below average volume to hang right in the July trading levels. Still a bit of resistance at 60 that we will look to be broken as it trends higher.

GTLS 08/12 Cup hdl 19.96 -0.41 22.08 25.95 123K 450K 20.54
Current. Low volume step down that bounced off the 50 day SMA (19.53) as support with the low. Very tidy pullback but broke below the short up trendline from July/August. Not too bad with the moving averages holding though as long as it can start working for a bounce from here.

HNT 08/20 BullRev 15.70 +0.15 15.21 18.45 1.1M 3.5M 14.74
Current. Short step higher with low volume to keep the upside going. Trending easily higher and in good shape as it nears a bit of potential resistance from the June/July peak just under the 16 dollar mark.

IBM 07/08 Rolling 119.43 -0.04 102.98 111.91 4.4M 10M 116.21
Current. Side stepped here a bit after recovering off the low, but down just slightly after hours. The 18 day EMA (118.27) is holding as support though with IBM unwilling to give up anything. As long as it holds here we are going to let it run with the 120 mark still in mind as key resistance to break.

IBOC 08/19 Test BO 15.35 +0.14 15.29 19.65 391K 650K 14.22
Current. Lateral move to hold right in this consolidation from the last half of March. Hanging in there easily and just gathering strength for a move higher.

IDXX 06/08 Test BO 51.44 +0.38 45.64 51.95 175K 700K 49.11
Current. Came back from some intraday gains to close for a lateral move just over the early August highs. Not the strongest action here but it is holding this level easily so we are giving it more time to work higher.

IDXX 05/16 Test 20 51.44 +0.38 41.65 47.55 175K 700K 49.11

INT 07/24 DB hdl 46.16 -0.20 42.20 47.95 258K 700K 45.08
Current. Short step laterally after tapping the 10 day EMA (45.58) as support and bouncing to close flat for a doji. Great test here and would put in a good higher low here if it can turn up off this doji.

JRJC 08/25 Rolling 9.87 -0.11 10.37 13.31 140K 225K 9.64
Buy Not Hit. Short gap higher but fell back a bit to close. Still warming up at support from the 200 day SMA (9.88) and June lows as it prepares to roll higher. Going to be patient as we wait for it to make its move.

KLIC 08/14 Pennant 5.28 -0.10 5.58 6.92 397K 1.2M 5.16
Buy Not Hit. Short step lower after testing widely intraday. Low volume move and just turning down a bit to hold in the pennant pattern. Going to let it run its course with the 5 dollar mark and short July gap up in mind as key support to hold.

LINE 08/22 ABCD Up 21.73 +0.40 21.88 25.95 1M 1.8M 20.55
Buy Not Issued. Tested a bit to 21 which has shown a bit of light support recently and then reversed to post moderate gains. Interesting move, especially if it can add to the gains Friday. If it can do that and hold into the close it will be very nice.

LNN 08/22 Asc Tri 44.14 +0.19 46.62 53.75 154K 450K 43.64
Current. Tested the 18 day EMA (42.58) and used it to spring back up to close for a lateral move. Low volume day but held support it need to. Now it is time to do something with this test by continuing the bounce on Friday.

LPX 08/17 Flag 7.53 -0.05 5.80 7.88 2.3M 2.5M 6.98
Target Hit. Took part of the solid 30% stock, 92+% option gain off the table as LPX recovered off the low to close flat. May be a bit tired here and now we see if it tests or catches its breath and starts higher from here.

LTD 08/14 Flag 15.25 -0.03 14.56 17.55 3.3M 5.8M 14.08
Current. Bounced off the low at the previous August highs to close for a lateral move. Not able to make any headway at this level but holding the prior high in a very good fashion so we are giving it time as it flattens out.

MOS 07/22 Flag 51.38 -0.30 51.85 61.78 3.3M 10M 52.87
Current. A doji after tapping the 50 day EMA (50.74) on the low and rebounding decently. Good test and recovery so a move higher from here is what we are looking for to close the week.

MR 07/01 Test BO 31.81 +0.27 27.62 33.88 851K 1.2M 30.22
Current. Gapped down to the 18 day EMA (30.99) but held there as support and recovered to close for a slight gain. This is the right move to get MR back on track but it needs to keep this up moving into Friday for it to really mean anything.

MR 06/17 Test BO 31.81 +0.27 26.53 31.45 851K 1.5M 31.58
Current.

MRVL 05/26 Asc Bse 14.63 +0.23 11.85 14.00 20M 17M 13.11
Current. Beat by .03 and on revenues with a better gross margin. Stock was down but rebounded and is now up to 15.85 after hours. Very important gain and is now at serious resistance in the 15.75-15.90 range. Looking strong and now we see how it reacts to the new level Friday.

NFLX 06/22 DB hdl 43.75 -0.22 41.38 49.95 1.4M 2.9M 43.91
Current. Has been struggling a bit here with the pullback but liking the action with the reach to the 50 day EMA (43.30) and reversal. Keeping the uptrend in place moving into Friday so we will see what it can manage.

NKE 08/11 Cup hdl 56.83 +1.38 57.50 65.95 4.8M 4.5M 55.21
Current. Moved out of the blocks nicely and posted its best gains in over a week. Looking solid and has some stamina here.

NOV 08/05 Rev HS 37.96 -0.26 37.14 42.88 4.4M 9M 37.89
Current. Nice dip and recovery to hold the 10 day EMA (37.97) with this candlestick hammer. With support at the July and August highs holding we like the chances of good action from here.

NTGR 07/28 Test BO 17.06 +0.31 17.05 19.95 194K 350K 16.07
Current. Nice reach lower and rebound with below average volume to close moderately positive. At the August highs now where it failed before but looking strong so we will see if it can punch through this time.

NVTL 08/22 Cup hdl 9.79 -0.24 10.36 12.44 613K 900K 9.63
Buy Not Issued. Exception to the rule of the day as it did not recover solidly off the low. Held at the early and mid August lows though so we are giving it a chance to set back up.

PH 08/07 DB hdl 49.68 -0.10 48.82 58.77 1M 2.6M 48.11
Current. Lateral move to a doji with below average trade. Still coming back some from the August highs at the 50 dollar mark but holding in the fairly steep August uptrend with this move. We would like to see a little bump higher Friday from this level.

PMTI 07/25 Test 50 14.16 +0.10 14.63 17.88 227K 400K 14.55
Current. Flitted lower but rebounded to hold the 50 day EMA (13.81) as support. Just working laterally for now, but maybe it can do something with this nice recovery on Friday.

PNC 08/13 BullRev 42.23 +0.20 42.87 51.95 3.2M 8M 39.87
Current. Lateral step with low volume to keep the 10 day EMA (41.57) easily as support. Taking it easy here and would get a boost if trade could pick up a bit. Looking ok moving into Friday though.

PNRA 08/24 DB hdl 53.86 +0.11 53.75 62.45 278K 875K 51.77
Current. Short gap up followed by a test lower on very light trade. Reversed nicely however to close for a lateral move. Looking solid with the recovery and still poised to make a move higher.

PRFT 07/27 Asc Tri 7.85 -0.02 7.24 8.94 60K 220K 7.54
Doji after tapping the 18 day EMA (7.61) and reversing into the close. The prior August high is also holding as support as PRFT makes the gentle test lower. Might test a bit more, but a bounce up from here would not be a surprise.

RL 08/17 Flag 69.13 +0.96 66.04 74.95 1.2M 2.4M 64.89
Current. Stepping up nicely after a great reversal off the intraday low. Trending solidly higher as it nears the prior August highs as potential resistance. Looking good for Friday.

SBUX 06/23 Test 50 19.44 +0.09 14.82 17.95 8.1M 18M 18.49
Current. Tested down to the 18 day EMA (18.84) but bounced to close for a lateral move. Not giving anything up here and looks strong as it moves to the end of the week.

SHW 08/18 Rev HS 60.67 +0.29 60.98 69.95 1.1M 2M 58.68
Buy Not Issued. Story of the day as it reversed off the low to close slightly positive. Not quite able to fill the Tuesday gap lower but holding this level so we will wait for it get the ball rolling again.

SLT 08/25 Pennant 13.98 +0.11 13.54 17.24 2.9M 3M 12.56
Buy Not Issued. Worked a bit higher with improved trade to close right under the prior August high over the 14 mark. Might test back a bit from here and then we will wait for the bounce to give us an entry.

SMTC 08/11 Test 50 17.97 -0.17 17.68 20.95 218K 850K 17.44
Current. Rebounded from the intraday test down to close for a slight step lower. Very orderly pullback here and looking good to bounce from here.

SY 08/26 Test 50 35.15 +0.73 35.15 40.45 878K 2M 33.64
Entered today. Gapped and tested lower intraday but reversed solidly so we moved in. Looking very good after this recovery.

TEX 07/30 Trnd Rv 16.91 +0.11 15.17 18.48 2.4M 4.2M 15.56
Current. Nothing new here with the test lower that reversed to close for gains. A bit slow at the prior August high at 17, but pretty solid so we are going to give it a chance to punch through.

THC 08/24 Flag 4.75 +0.06 4.73 5.95 3.8M 12M 4.32
Current. Lateral step to keep working nicely in this late August range. Not able to make any headway but with this level holding we are going to let it play.

TIBX 08/20 Pennant 9.06 +0.07 9.34 11.94 2.2M 3.2M 8.79
Buy Not Issued. Bounced from the intraday low to hold the 18 day EMA (9.00) as support. Held a key level with the recovery as it also closed at the bottom of the trading range to keep that intact. Looking for a bit of upside from here.

TITN 08/22 Cup 12.66 -0.38 12.95 16.68 92K 450K 12.32
Current. Nice step lower with shrinking volume to hold the 18 day EMA (12.68) as support. Working in the uptrend and could turn up from here or test a bit at the 50 day EMA (12.39) on Friday.

TKC 08/07 Test BO 16.86 -0.18 16.10 19.64 582K 1M 16.38
Current. Reversed off the low to post a very modest step lower. Did not hold the 17 mark like we had wanted, but still in the uptrend so we are letting it play.

TYC 07/10 Test 50 31.66 +0.17 26.75 31.95 3.1M 5.5M 30.78
Current. Typical move as it reversed off the low to post some gains. Holding solidly after the small pullback from the August highs, and might be ready to take another swing at them now.

UTHR 08/07 Flag 91.20 +0.12 92.66 103.94 271K 875K 88.82
Current. Gapped higher but fell back to hold the 18 day EMA (91.12) at the close. 90 held as support with the low so the trading range is nicely intact but we need to start seeing stronger action than this.

WFT 08/13 Cup 20.51 -0.01 20.85 23.98 11M 15M 19.39
Current. Lateral move after testing the 18 day EMA (19.77) and July highs and bouncing back. Pretty nice looking test and now we see what WFT can do with it.

WRLD 08/26 DB hdl 26.67 +0.20 26.88 31.75 80K 550K 25.11
Buy Not Hit. Decent low volume test to the 18 day EMA (25.34) that rebounded solidly to post small gains. Still right at the August high and not giving up any ground so we are going to look for a buy with solid action higher from this level.

XLNX 08/25 Flag 22.08 -0.09 22.44 26.95 3.8M 8.5M 21.54
Buy Not Hit. Tested down to the 18 day EMA (21.77) and rebounded nicely. Pulling back slowly here and in good shape so we are waiting for it to bounce up and give us a buy.

Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AAP 08/20 BearFla 43.09 +0.37 42.62 38.85 1.7M 2.2M 44.12
Current. Bounced off a bit of support at 42 to recover off the low so we are watching it, but we are still looking for it to continue the gap move lower.

AMZN 08/19 BearFla 84.31 +0.31 84.18 75.58 4M 7.5M 85.77
Buy Not Issued. Lateral move with a doji that again held the 50 day EMA (83.42) as support. Key level to break below so we are going to be patiently waiting for it to do so.

AVAV 08/01 BearFla 28.50 +0.52 28.04 25.11 89K 250K 28.88
Current. Pressed higher with low volume but cannot make any real headway here. Stalling with volume drying up so it is looking better to fall below the August lows if it bounces down from here.

BKE 08/22 Put 26.90 -0.12 26.18 23.22 1.2M 1.8M 27.66
Current. Tried for gains but rolled back from resistance at the 200 day SMA (27.59) to close flat. Looking very weak here and ready for it to continue the gap move lower.

BRCM 08/24 Put 27.95 +0.14 27.48 24.45 6.5M 10M 28.46
Buy Not Issued. Holding its own with the rebound but still at the 78% Fibonacci and we will be patient. If it does not break it and the market turns back down it is in a great position for the downside.

CUB 08/19 Dbl Top 36.89 -0.78 37.94 33.38 272K 250K 39.21
Buy Not Issued. Not going to chase CUB as it gapped lower and then raced back up on volume. If it can test up to the 50 day EMA (38.02) again and fail we will look at the downside play again.

FFIV 08/24 HdShldr 34.46 +0.41 33.97 30.88 1.3M 3M 35.77
Buy Not Issued. Holding just over 34 as support after reversing off the low. Waiting for it to break below the August lows at this level and hold there before we buy.

HCBK 08/14 Dbl Top 12.93 -0.13 13.44 11.42 8.6M 9M 13.26
Current. Recovered some of the intraday losses but not all of them as it closed for a small step down. Coming off the test of the 200 day SMA (13.18) and looking weaker so we like the chances of it falling here.

ICE 07/16 Put 91.30 -1.68 89.65 81.45 1.4M 2.8M 89.44
Current. Nice step lower with just under average trade. Nothing explosive yet, but moving in the right direction after the test higher earlier in the week so it just needs to keep this up.

IM 08/13 Put 17.08 +0.17 16.56 14.15 1.6M 2M 17.06
Buy Not Issued. A reversal off the low to close over the 50 day EMA (16.86) again. Might be trying to start filling the gap and that is key because that is what the play is based on. Needs to fail here at the gap down level.

IWM 08/25 Put 58.42 -0.09 58.18 55.05 45M 50M 59.15
Buy Not Issued. Lateral move after reversing the intraday low. May not get the move lower from here as the market refuses to sell but we will be patient in case it starts to stumble.

JNPR 08/19 Put 23.69 +0.47 23.90 23.32 10M 12M 24.41
Current. More of the same as it rebounded off the low to post gains after this tidy pullback all week. Still set up well for the downside but we do not want JNPR to add to much to the gains here. 24 would be a good level to hold as resistance.

LMT 08/05 Put 75.54 +0.96 74.54 70.04 4M 3.6M 75.66
Current. Helped by BA and its news, but with the highest close in two weeks we need to be careful. Still have firm resistance overhead with the 200 day SMA (76.68) but we do not want it to have to get to there before failing.

MS 08/17 Dbl Top 29.84 +0.31 29.55 25.35 14M 27M 30.64
Buy Not Issued. Not rolling over at 30 as it reached lower and recovered. Just being patient now to see if MS fails at 30 still.

OMG 08/19 HdShldr 28.49 -0.05 29.88 24.91 283K 400K 30.92
Buy Not Issued. Recovered off the low so we did not move in, but not making any headway into the close. Looking weak and it has a bit more room overhead to fail at while putting in a lower high. Going to see if it can work higher at all Friday.

PFCB 08/24 BearFla 32.31 +0.38 31.11 27.86 358K 750K 32.21
Buy Not Hit. Recovered off the low and posted gains to break the pattern so we dropped it.

PG 08/11 BearFla 53.06 -0.30 52.87 49.55 10M 12M 54.11
Entered today. Slid lower after failing at the 200 day SMA (53.72) Wednesday so we moved in. Looking good to keep going now.

RHB 08/12 BearFla 21.43 -0.11 21.51 17.86 52K 285K 22.11
Current. Lateral move with low volume to hang under the 10 day EMA (21.67) even after coming off the intraday low. With light resistance easily holding we are still just waiting for the break lower.

SHLD 08/26 Put 65.00 -0.27 64.44 59.24 1.1M 1.5M 66.91
Buy Not Issued. Doji to the side with low volume to hold in the lateral move after the gap down. Looking weak but we are waiting for the continued move lower before jumping in.

SMH 08/14 BearRev 25.20 +0.03 23.96 22.08 9.3M 15M 24.41
Current. Recovered the intraday losses with a bounce to close flat. Still loitering under the prior August high and as it continues to hold as resistance we are going to give it a chance to fail.

SPY 08/18 Rollove 103.40 +0.23 98.94 95.03 196M 225M 100.41
Current. Looked like it may be ready to selloff, but recovered into the close. Still waiting for the failure from here but so far the market refuses. Will see tomorrow how it handles a possible gap higher.

End part 2 of 3


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