It's been a while since I actually looked at charts to see the state of things. I see some nice tradeable issues long and short. The following are all in a stock list of mine that all show great fundamental numbers, stocks I will watch and consider long positions in for great gains if they set up right for me. I recall the last time I did this I posted my ideas in a free chatroom I frequent (click title to go there). One of the ideas I felt strongest about at that time was PLX was a short though risky. It has since come down about 40%, that is mad money! The main thing I saw at the time was how extended it was above the 200 day average and even the 50 day average. At times these things are a lot like rubber bands that get stretched too far. No matter how much enthusiasm or energy there is to push things along, eventually there has to be a return to neutral-I think some folks call this a mean reversion.
So my big picks shorty wise, similar to the above are: CAAS and TSTC. MELI perhaps in a bit.
Longs to watch for:
CGA BPI watch the group TNDM logical but risky LIFE watch for emrbryo/stemcell interest to perk this EJ on a 50 day recovery play CPTS-great #s, maybe bottom of cup AMSC for flat base emergence XOMA puzzles but interests me CYOU has nice volume dryup