The 3% decline in techs could be just a normal dip or the beginning of a deeper dive. A 3% drop does not give us a lot of new opportunities. This list is for triggering new positions on deeper declines and there have not been any decent declines in a long time.
We have 21 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