A day in the market like today is when Muddy’s Darkside Watches 8/18 actually start to pan out as nice shorts on green to red. Remember many times before he and I have mentioned in a market like the past 2-3 months the darkside list is best used for green holds or red to green plays vs. shorts. BUT if we are going to start to drop here it’s going to come into play more so on the short side. As you know though, we could be in for a surprise and see it ramp right back up.. but we’ll see – that’s why we take it one day at a time and don’t try to forecast it.

Dollar Thrifty Automotive Group Inc. (DTG) and Diedrich Coffee Inc. (DDRX) started to finally break down I think most of these bounces will be good shorts as the market begins to fall again. Lots of shorts are starting to come into play even though most of the plays today were longs.

Unfortunately charts had an issue this morning on my software so I started off slow the first half hour but then made up for it on HURN and CRY. Should have some great plays through the remainder of the week.

Huron Consulting Group Inc. (HURN) big alert in chat today, got $1.01/share awesome gainer. Many played it so congrats if you were one of them! I played it again after hours for about 40 cents per share but it kept going straight into the 8pm after hours trading close. This should be an AWESOME play tomorrow again possible great squeeze since the huge drop at the beginning on the month. Once it rocks, watch for the flip as well to the short side.

CryoLife Inc. (CRY) yet another great play ripping towards $7 today was an awesome gain for us. Probably the second best play second to HURN for me. Should be in play yet again tomorrow both long and short – we’ll see how it opens up and go from there. If it fails at $7.50 may be a potential short but if it opens green and holds might have another nice push towards $8s

Mesa Air Group Inc. (MESA) one heck of a mover, volume has be consistant watch for a bit of consolidation around .25s and later on this week this may be in play again. Has been a money maker in chat.

Nanometrics Inc. (NANO) looking for a long play on green hold tomorrow

Pinnacle Airlines Corp. (PNCL) looking for a long hold if $5.50 holds

IDCC as always I watch the biggest droppers hopefully it drops a bit more tomorrow and then has a nice rebound (dead cat bounce). That’s all I’m interested in.. not going to hold it over.. not going to marry it.. looking for the first rebound and then taking it off.

Gladstone Capital Corporation (GLAD) potential bounce watch for it to blow out $7.50s and looking for a a bounce back through $7.50 towards $8 before volume dies the next few days and slowly drops off