Considering Friday's late day surge and the action in world markets to start the week, we are likely to get a strong rally today, and even possibly an intermediate term bottom. I plan to play this rally fairly aggressively, including looking for some advantageous entries premarket. Here are some of the names I am considering:

- QLD, designed to provide twice the performance of the NASDAQ 100, is my first choice in index ETF's. It shows climax selling on last Wednesday and Thursday, followed by a high volume close in the green on Friday.



- BKE held its ground through the carnage, and shows increased volume at support last week. This is one of the rare stocks that has remained strong, and it should attract buyers in a rally. We have some time before the next earnings date, which is also an advantage.



- POT has been consolidating between 80 and 100, perhaps forming a bottom. If we get a sustained rally, this former market leader will attract buyers. POT will not hit significant resistance until the 138.00 area.



- AAPL also looks like it is forming a bottom here, and was strong on Friday. The main concern here is Steve Jobs's health. Even a false rumor can send this stock downward, so a reasonably tight stop is prudent.