Plan going into Monday:
--If market continues Thursday's gains, will look to buy some transports(mainly rail's), select Tech names(looking for good entry points in the hardware industry), nibble at some materials(ex-energy:ex. chemicals, base-metal miners), and watch how healthcare names perform at the open. Will also look at continuation of REIT's. As fundamentally poor as many of these names are, its tough to argue with recent price moves.
--If market the market gaps down, and the market internals signal price moves towards the offer will look to sell apparel names, home improvement/furnishings/anything housing related, advertisement, travel and leisure names, energy, and industrial names that seem to be exhibiting bearish setups. Depending on how commodity names behave early on, I will also flirt with selling some country ETF's whose economies are based highly on commodities as well as Chinese ETF's and individual names.
The easy trade has been difficult to find this week. I am having a hard time leaning one way or the other, so in either situation I will tread lightly and look to cut losses early at any sign the market is not confirming my hypothesis.