Pure day trading on active stocks like GS, CEG and AIG proved to have much more opportunity than scans the last few days. LEH, FRE, FNM out of the picture as I’ve been saying the last few days on the comments. They just aren’t worth touching, each false breakout turns into an opportunity.. .and that opportunity is to SELL. Sure they may bounce, but I won’t be in it …

CEG someone uncovered the big connection to LEH, thus shaving $5 billion + off the market cap in a little over 20 minutes late day trading Tuesday

AIG tanked after hours on the bail out, we’ll see in the AM where it opens - throw a dart - this is why you DON’T HOLD OVER if you’re goal is to day trade.

GS great squeezer today I’m sure many feared the worst out of open but as expected it turned out to be the low of the day, I’d expect a gap and squeeze towards $140+ then time to consolidate

EPIO on watch for a gap and potential squeeze out of open, then watching for weakness

PPHM bottom reversal watch for more consolidation and a break of $.35

VLNC watch for the test of $3 I’d expect it to break it but sell off shortly after (around $3.20 or so)