Have a Game Plan

Have a watchlist of possible buys...especially China stocks. Look for stocks that are showing support at key levels, via MA's or by other oversold/overbought indicators.

Have a watchlist of short positions, just in case things get really sour. Note that this is most likely a short term correction. Real tops are complex and take time to pan out before the real down trend begins. Look at past charts of the 2007-2008 bear market for clarification.

Shorts: AGO, BBD, LXP, MDCO, STEC