Editors Note:

The decline in the prior weeks was due and the rebound was nice but the danger is not over. The rebound last week was normal for a bear market decline. Down 5%, up 2%, repeat. The decline could continue. As longer-term investors we need bigger dips to buy to give us a larger margin of safety. We should see an opportunity this summer.

We have 21 current positions and that is about the most we can carry. There will not be any watch list positions until further notice. I prefer to add the normal weekly play based on conditions that week.


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