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Play Editor's Note: The market's first move after a federal reserve interest rate decision is rarely the real move. This event almost always produces a head fake or two (or three). While stocks look like they want to continue lower tomorrow I believe the intermediate trend is still up. Thus, I'd be looking for stocks to buy the dip over the next day or two. A significantly negative jobs report on Friday could really push equities lower then again it might raise the odds of another rate cut. Who knows? My challenge tonight is that there wasn't much that really caught my eye. As much as I wanted to find stocks to buy the dip in there just wasn't anything compelling tonight. That may change tomorrow.

Here are few that made it to my watch list:
UNH is breaking down. The next stop looks like the $30.00 level.
NAFC has broken out and traders bought the dip today. This might be a bullish entry point right here.
MW pushed through resistance today but pulled back sharply. A dip near $25.50 with relatively tight stop might work as a bullish play.
PERY was showing relative strength. I was tempted to buy this one but the $25.00 level looks like resistance.
RIO, anything from Brazil was hot today. A dip near $38.00 might be your entry point to buy it.
VTIV is flirting with a breakout over resistance near $30.00
CNS could be offering us a bullish entry point now but look for resistance in the 29.50-30.00 zone.

New Long Plays

None today.

New Short Plays

None today.

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