The major indexes rebounded from 2.5% 4.5% but that is just a drop in the bucket until a real rally appears. In any down market we experience rebound days and some can be very strong. It is not a rally until a nre trend develops.
We have 23 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.
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