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CONTINUING PLAYS

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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
AFL 12/27 PreAnn 63.69 +0.30 63.22 72.95 4.7M 3.5M 61.32
Buy Not Issued. High volume doji Tuesday as AFL starts uphill again this week. If it can continue the solid Asc bse here with stronger volume we will enter.

APA 12/27 Test BO 103.14 -2.49 108.56 122.75 3M 4.4M 107.54
Exited. Got out of APA as it headed for the 50 day EMA with the idea we would pick it up off of that level. It went on to test near that level on the low and still looking for a tap to that support (101.50) and then a bounce that we can buy back into.

APA 12/18 PreAnn 103.14 -2.49 105.89 121.45 3M 5.3M 107.54

BG 12/26 Test 18 127.22 +1.30 121.82 139.95 1.9M 1.4M 125.32
Current. BG with a huge reach higher intraday into the low 130s but came back from there to post a modest step higher. Have to watch this reversal off the high from Tuesday with BG on high volume, but overall it is one of the stronger stocks in the market.

BG 11/29 Cup 127.22 +1.30 116.55 133.85 1.9M 1.6M 125.32

BIDU 12/29 Asc Bse 345.21 +0.90 395.24 454.00 5.6M 10M 383.44
Current. BIDU with a great doji at the Monday low to cut the selling out and stay on our good side. Below average volume in the session with BIDU looking good to bounce from here now that it has bottomed in the selling.

BTJ 01/03 PreSplt 38.27 -0.19 43.32 5495.0 77K 350K 41.38
Buy Not Hit. Needed BTJ to end the selling after Monday left it at support from the late December low and 50 day EMA after some more tough selling. Tuesday broke support and had a high intraday reach that came back and closed with BTJ a step lower so we dropped it.

CF 01/03 Test BO 108.79 -1.01 115.66 129.95 3.2M 3M 109.78
Current. CF with a quiet step lower as it continues its test of the Cup hdl high from late December. Has rising, above average volume this week and held the 18 day EMA intraday Tuesday. In good shape to bottom near the key average as downside momentum fades. One of those stocks that has held up very well in the selling.

CF 12/19 Asc Bse 108.79 -1.01 100.66 119.95 3.2M 3M 113.32
Current.

CHL 01/03 Asc Bse 84.39 -0.83 87.88 102.95 2.6M 4.9M 84.25
Buy Not Hit. CHL still resting along the bottom of its pullback in the Asc base in the mid 80s at key support from the 90 day SMA and consolidation from November/December near 85. Just waiting for CHL to bounce out of this rest to post the next jump higher in its Asc Bse for the buy.

CHU 12/27 DB hdl 19.96 -0.59 21.04 27.95 1.3M 2.6M 20.08
Buy Not Hit. CHU with some more selling after Monday looked to be CHU at the bottom of its early December pullback. Hit the 90 day SMA and held there at the close of Tuesday with below average volume and hit key support as it looks to be done with the selling here. Needs to bounce on stronger volume to get the DB hdl going upside again for the buy.

CMED 12/22 Rev HS 49.69 +2.87 44.28 54.95 1.4M 1M 47.88
Target Hit. Great press higher off the Monday low as CMED resumed last weeks breakout with the return of some high volume. Hit the target on the way up and only looks to climb higher this week.

CPHD 01/07 Cup hdl 26.06 -0.76 27.31 32.95 1M 1M 25.58
Buy Not Issued. Came back to the 10 day EMA Tuesday to make a quick test of the breakout from Monday. CPHD in a solid cup hdl here and with volume significantly lower in the Tuesday pullback than the high trade from Monday CPHD looks good to bounce higher after this test. Ready to enter once its resume the Cup hdl higher.

CY 12/04 Cup 31.17 -1.02 35.90 41.65 8M 7M 37.21
Exited. Unable to stop the selling from Monday as CY sold past the 90 day SMA on more above average volume. No choice but to exit.

CYBS 12/22 Cup 16.36 -1.29 18.03 21.65 960K 1.1M 17.77
Current. Not much to do with it as it fell to the 50 day SMA and held. Expecting a bounce from here off key support from the 50 day SMA and consolidation in the from November-December in this area.

DO 01/05 Test 18 130.50 -5.62 136.32 156.95 3.3M 3M 132.57
Buy Not Issued. Did not like this action at all Tuesday as DO gave a gap higher and higher volume reversal through the session for some substantial losses. Dropping for now after the negative action from Tuesday but will keep an eye on it.

EDU 01/05 Asc Bse 82.80 -3.05 83.32 99.95 610K 750K 86.11
EDU with a pullback from the Monday high but with much lower volume in today's selling than Monday's strong move higher. The volume is a good sign that this is just a quick pullback before EDU resumes the Asc bse even higher this week.

ESLR 01/03 Test BO 17.12 +0.15 17.71 21.75 7.4M 5M 16.88
Current. Doji Tuesday as ESLR holds support at the 10 day EMA some more this week. Has fading, above average volume and with the doji from Tuesday ESLR looks good to be bottoming in the test soon.

GMCR 12/18 Cup hdl 40.30 -0.65 41.50 49.95 287K 300K 39.69
Current. GMCR still inside its consolidation range along the top of the Cup hdl in the 40s as it posted some light selling Tuesday on average volume. Held support at the 10 day EMA Tuesday and GMCR just setting up to push past the prior highs from August and October here in the low 40s.

GOOG 12/29 Asc Bse 631.67 -17.57 692.57 785.00 5.3M 8M 684.77
Buy Not Hit.

GOOG 12/03 Cup hdl 631.67 -17.57 687.88 742.00 5.3M 8M 713.32
Current. Was looking for GOOG to pick up where Monday left off with the doji after some hard selling from early January. Got just about the opposite, however, as GOOG continued lower on below average volume so decided to drop it.

GOOG 11/17 Test 50 631.67 -17.57 659.65 724.95 5.3M 8.6M 713.32
Current.

HAL 01/03 Dbl btm 36.56 -0.79 39.39 45.85 11M 15M 37.65
Current. Sold down again but held at the Monday low. Not pretty but decided to let it rebound from here as it is sitting just over solid support from the 200 day SMA.

HK 01/07 DB hdl 17.34 -0.54 18.48 22.32 2.1M 2.5M 17.32
Buy Not Hit. HK with some moderate selling Tuesday on high volume. Still inside the consolidation range of late December from the Db hdl high as HK sold back to the 18 day EMA and held the average as support at the close. Just waiting for HK to bounce out of this consolidation on strong volume for the buy.

HOLX 12/29 Test BO 68.11 -2.40 70.36 80.95 2.4M 3.2M 69.02
Current. Hard selling Tuesday but at least it had low volume as HOLX continues testing the Rev HS high. Expecting HOLX to hold up here just below the 18 day EMA seeing as it's in a good field for a defensive market.

HOLX 12/15 Asc Bse 68.11 -2.40 67.88 77.65 2.4M 3.6M 69.39

IMA 01/07 Dbl btm 59.40 +1.51 59.21 69.95 2.1M 1.2M 56.69
Entered today. IMA gapped and climbed Tuesday on high volume to continue the breakout from last week off the 90 day SMA. Solid Dbl btm base pushing IMA into the upper 50s early this week as we jumped in to ride this one through the roof. Nice, strong breakout here with high volume.

IMO 12/22 Rev HS 53.00 -0.60 55.15 65.95 379K 325K 54.57
Current. Gapped upside Tuesday but then rolled over from there to post a short step lower to hold the 50 day SMA at the close. Needs to hold here of course as IMO sets at key support from the 50 day EMA and mid November and mid December highs.

ITG 01/05 Cup hdl 49.21 -0.24 49.58 57.75 992K 625K 47.38
Current. Saw lower volume Tuesday in the light selling than the great Monday upside session as ITG gave a quick test of the Cup hdl high here. No worries with ITG looking to resume higher after this quick pullback.

LKQX 12/18 Asc Bse 19.45 -0.64 21.57 25.95 1.4M 2M 21.45
Exited. Broke key support at the 50 day SMA and highs from November/December on rising, now above average volume. No choice but to get out of this one as it just can't stop the bleeding.

MA 12/17 Test 18 198.00 -2.51 211.98 244.95 3.3M 4.8M 204.22
Current. It is hanging on at the early November high and the 50 day EMA, but it fell after an early rally. It has made a lower high and will likely try another bounce. If it fails at the 10 and 18 day EMA again as it did Tuesday we will exit it out of precaution.

MO 01/05 Test 50 78.32 +1.09 76.65 85.95 15M 12M 76.38
Current. MO with a huge gap higher on rising, high volume Tuesday to continue a solid breakout from Monday. Met some intraday resistance from the early December consolidation so watching closely to see if MO can make it past these prior levels.

MOS 12/17 FlyPlat 88.37 -5.63 86.10 99.95 6.3M 5M 95.88
Trailing Stop. Sold on high volume some more Tuesday through the 10 and 18 day EMA. Took the rest off the table and looking at this one as a possible short.

MRO 01/03 Asc Bse 58.57 -0.38 59.25 71.95 8.5M 8.6M 57.88
Buy Not Issued. Volatile session Tuesday to close with a short step lower on rising, high volume as MRO sold through the key 50 day EMA. Needed MRO to pick up where the Monday session left off holding the key average as support, but just couldn't do it so we dropped.

NDAQ 12/13 Cup hdl 43.52 -2.05 48.32 56.00 1.8M 4M 47.98
Exited. Had to see NDAQ hold the 50 day EMA and support from late November consolidation as it managed to do Monday but Tuesday was a different story. Sold hard on below average volume past support and showed us to the door.

OII 01/03 PreAnn 73.68 -0.14 75.55 90.95 673K 785K 71.35
Buy Not Issued. Doji Tuesday in below average volume to close flat as OII posted a huge reach higher intraday into 76 but came back from there. Still holding support from the early December highs and if it can bounce from here and resume the early January breakout we will enter.

ONXX 12/26 Asc Bse 54.15 -2.06 59.15 70.95 1.1M 1.8M 56.45
Buy Not Issued. ONXX with rising, below average volume as it sold back to the 50 day EMA and mid December low as support Tuesday. Still in decent shape in this pullback of early 08 and just need to see ONXX bottom and post the next bounce higher in its Asc bse for the buy.

PZE 12/13 Cup hdl 16.00 +0.25 12.84 15.55 4.4M 400K 14.77
Current. Big doji. High volume Tuesday as PZE continues its solid early 08 breakout higher this week. If it cannot hold up Wednesday we take the rest of the nice, nice gain off the table.

SDS 12/12 Rolling 59.98 +1.78 53.96 60.75 28M 21M 58.89
Current. Right back up as SP500 imploded again. High volume in the breakout Tuesday with SDS in good shape to climb even higher from here this week.

SLB 12/29 Dbl btm 96.71 -0.10 100.93 114.95 11M 12M 99.78
Current. SLB losing downside momentum in this quick pullback to the 50 day EMA as it closed flat Tuesday with rising, above average volume. In good shape to bounce from this pullback soon as SLB holds at key support early this week.

SLT 01/05 Asc Bse 25.65 -1.18 26.68 32.95 1.1M 2.4M 25.45
Buy Not Issued. Sold from the Monday high just when SLT was looking to be gaining speed in its Asc bse. Nothing too serious though as it sold on much lower volume Tuesday than the Monday upside session as SLT looks to bounce upside soon to continue the Asc bse. Ready to enter once volume picks up in the resumed move higher.

SOHU 12/15 Cup hdl 47.72 -1.14 56.68 69.95 916K 2.6M 54.69
Current. Low volume test of the 90 day SMA Tuesday. Now it is at the lick log and has to bounce off this test.

TKC 12/29 Pennant 24.95 -0.71 27.41 33.95 1.2M 2M 25.77
Buy Not Hit. The victim of the AT&T comments as TKC gave moderate selling past key support from the late November lows and 50 day EMA. All telecom had issues after that and we had to let TKC go after this negative action.

VIP 01/03 Test 18 41.26 +0.55 41.88 52.95 4.4M 3.4M 39.95
Buy Not Issued.

VIP 12/03 Test BO 41.26 +0.55 36.78 42.85 4.4M 5M 42.38
Current. Doji Tuesday on above average volume with VIP working its way slowly back to the 18 day EMA in its test of the DB hdl high from late December. Looks to have bottomed here at the 18 day EMA and the high volume doji from Tuesday.

VIP 11/08 Test 18 41.26 +0.55 32.52 40.45 4.4M 3.2M 42.38
Current.

VIVO 01/07 Asc Bse 32.18 +0.40 32.36 38.95 590K 567K 30.09
Buy Not Issued. Short step higher on fading, high volume Tuesday after a solid breakout from the Monday session. Met some intraday resistance from the December high. Need to see it continue higher past the prior high from December and keep this strong volume for the buy.

WFT 12/05 Trnd Rv 65.59 -1.59 67.58 77.95 4.2M 6.1M 69.95
Current. Saw some more selling Tuesday but it was lower volume and holding the 50 day EMA at the close so left it alone another session. Holding key support from the October to December highs as well. Breaks the support here and we're out.

XTO 12/12 DB hdl 53.11 -0.87 54.13 61.45 5.4M 5M 52.11
Current. Sold back to the 10 day EMA and held the average a support on lower volume than the Monday upside session though. Looks good to bounce back with the rest of the energy stocks as they tested back to support Tuesday.

Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
BARE 01/05 Put 21.59 -0.32 22.65 20.61 1M 1M 21.89
BARE continuing a bit lower with a doji Tuesday in the some modest selling on fading, now below average volume. Nears key support from the early December/late November lows. Watching closely to see if it bounces.

MDY 12/29 Put 144.29 -3.45 155.96 152.00 7.8M 5.5M 149.65
MDY with a doji in a quiet step higher Tuesday as it bounced from the Monday low. Lower volume in the bounce Tuesday than Mondays selling so looks to resume the selling again soon.

SMH 12/29 Put 28.87 -0.54 31.88 30.45 14M 9M 29.05
Current. SMH selling from the Monday doji and resuming the HS base from December with high volume. Looks to sell a bit more through the week down through the upper 20s on this high volume. Not bad.

End part 2 of 3


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