New market highs are not conducive to new entry points for LEAPS. The normal September volatility decline did not appear so we did not get a chance to add extra positions through the watch list. This list is for triggering new positions on declines and there have not been any decent declines in a long time.
We have 19 current positions and that is about the most we can carry. If we just kept adding an extra watch list position every week we would be setting ourselves up for a lot of stops in the next market dip. We need a real opportunity to appear to justify adding watch list positions.
New Watch List Entry:
No New Watch List Entries
Stocks Dropped from Watch List:
No Watch List Drops
Active Watch List Play Descriptions:
No Active Watch List Plays