Well, at this point, it looks like we'll either be getting a double bottom or the start of a fresh new down trend. I could care less which one, just give me trend and I'll handle the rest. Despite the overall negativity, the markets have been bouncing back a bit (11 am Eastern time). In addition, there are several stocks staging decent looking breakouts (earnings fueled) such as ACFN, EVEP, EXPE, TRLG, ZOLL.

In a couple of weeks I will also be implementing a intra-day strategy to my trading as well. I have been tweaking the strategy for the last few weeks and will be sharing info on that as well as offering real time trade picks via my twitter feed at StockRaider@twitter

The Long and Short of It

Longs: ATRN, DTLK, GRH, IDIX, IDSY

Shorts: ELGX, HCA, HOLI (?), IMAX, RPTP, SLAB, SREV, WWWW

Plenty of Longs and Shorts:

Shorts: CMED, ENTR, SKYW, VIT, VMED, WBMD

Longs: BTH, CVV, ESIC, DGII, HNSN, ICGN, IPSU, JVA, MASC, TISA, VHC,

Imminent Correction or Just a Brief Pause

Regardless, it looks like today's dip is on low volume. It would be interesting to see if we could get a high volume reversal or bounce at this level. Despite the overall negativity with the job report, there are several stocks displaying strength

Tough Stocks: ADLR, ANX, GENE, JVA, LNKD, PCYC, SODA, XPO

Day Trades: CRVP (based off JVA momentum)

Long Term Trades: LNKD (high short interest/low float/popular)

Interesting Stocks: JVA (low float, abnormal vol and price action/hot sector), SODA (high short interest/low float/"in" product)

Simply a Continuation

Same stocks are showing strength on this low volume rally.

Market Showing Low Vol. Strength

Ater a few bounce attempts, the market bounced back. While it didn't put in a double bottom nor a a high volume bounce, it has drawn in retail investors who continue to keep the markets afloat.

Some notable longs: DSCI, FFHL, HNSN. IMGN, JVA, LVB, MHLD, PZZI, SODA, VHC, VRUS