Ideas Week of 2/9

Disclaimer: The majority of these ideas come from the @Tickerville Saturday morning brunch. In fact, many of these are direct quotes that I use as a check-point during the week.

**Thanks to www.stocktwits.com for hosting. An excellent venue!

The market wants to tag $es 945 to 1060 on this run...then it should fail...its just a retest of old support

IWM - For broad exposure, I am looking at it should market continue. It has heavy fin exposure and catch up ability. I have always viewed the $46.51 level as very important here, which means it isn't too extended and just regaining some health. The $46.51 is the Oct 10th bottom before monster reversal. It has been the start of my channel support in IWM since then. While the 50 day sma is significant, the 50 day ema is more relevant in this volatile market and IWM was stopped cold there.

LONGS
CHKP - http://twitpic.com/1defu
BRCM - http://twitpic.com/1dedc
STLD - http://twitpic.com/1df75 - Here is one I'll be watching VERY closely.
INFY - http://twitpic.com/1deo2
VRSN - http://twitpic.com/1dfay
CWT - Really like that
ENSG - right at Jan 8th point - thin trade

SHORTS
BBBY - is one of my favorite 'daily' short setups going into this week. - http://twitpic.com/1dfkv

ESRX - http://twitpic.com/1dfpe - lived to fight another day in the QMan short world.
GILD - http://twitpic.com/1dfts - Yup, still short this one. Not stopped yet
SRCL - http://twitpic.com/1dfxr - Still a weekly short of mine
TEVA - http://twitpic.com/1dfyn - And of course, can't forget TEVA up 1% for the week
ATW - http://twitpic.com/1dg1j - has already started a constructive base, post break.
DO - http://twitpic.com/1dg34 - is one I'll be watching closely for potential entry.
LMDIA - http://twitpic.com/1dg4u - has already started to set up. High on my watch list.
MDCO - http://twitpic.com/1dg6b - on watch list as well
MXIM - http://twitpic.com/1dg81 - another i have been stalking. Not there yet