Bunch of new Trades up

You'll find them under Feb 8th on the spread sheet at the bottom and all are for execution on the open at market except where noted.

The market did not give us the same strong close we saw Friday and made new lows in several averages. It looks like we're back on the way down. Short trades like MOT, JPM, GSS, etc (email me if you need another opinion) can be conservatively added to and all the others are fairly good position to take a full position although you may want to enter partial and add upon follow through or a pullback. There are a few longs as well-mostly speculative.

I know there are a lot of trades, but I listed what looks good right now. The key to choosing may be that you chose a trade that you do not already have correlated exposure to. For the first time there are some gold stocks and more oil industry stocks. So don't be overwhelmed by the list, look for trades that are in groups you are not in yet.

SRS

is an UltraShort on Real Estate (2x inverse) and looks pretty good right in this area. The breakout would occur around $8.50 where I'm sure there are a lot of buy orders lined up. Take a look, I like it here.

XLF (11:30 am) looks like it's hit in intraday double top and should pull back a little from here, it could be a quick day trade on a leveraged financial ETF like FAZ or SKF-or this could be the start of something bigger, but I can't say that yet considering the strength of Friday's pattern.

Check back often today.