Market Notes:

The bears appear to be asserting control over the market both at the close yesterday and the pre-market this morning.  I'm still watching the tanker plays but they all appear overbought to me so I'm really looking for a big dip and not planning to buy additional breakouts.

The environment is a large part of trading, waiting for the ideal conditions is key to long term success, sometimes the best trade is no trade at all.

Watch-List:

OSN is a super low float that is up trending on low volume.  Looking for volume to start picking up before I look for a pattern.

MEET is an up-trending stock, watching for a good setup

DHT, NAT & TNK are tanker stocks that look overbought to me, I'm looking for a good morning panic