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Short Candidates

I saw on Fast Money they mentioned MA, Master Card as a short tonight. I agree. It came across my short screen.
JWN – Rolling over. I hate retail this month and so should you.
JCP – If 76 is taken out to the downside, JCP could see another 4-8 dollar haircut beyond that.
RTH – Looks ugly on a break.
GOOG – Does not look good here. Mentioned as well on Fast Money, however, this sucker is not a buy here. Wait for it to go lower.
CL – Colgate Palmolive looks like its about to break down in the next two days.
EWM – The Malaysia ETF could be a sell on this recent bounce. EWM could easily test its weekly MA(50) at $8.33 or 16% lower.
CHL – China Mobile might have doubled topped. Watch for a takeout of 42. That puppy could sink really fast if China’s market drops more, which I am anticipating will happen. I like CHL longer term though.
HLYS – Doesn’t look good at all.
IWO – Russell 2000 Growth fund came up on my screen and since I’m short the R2K I like to see this.
ANF – Another retail name. Abercrombie and Fitch could fall another $4 bucks.
AMZN – Looks like a heavy hanging fishing hook ready to catch a brick.

Long Candidates

OIH
COP
FLS
VLO

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