weak portfolio

[weak]

Breakouts are beginning to fail. .Transports have broken down, and I think it's only a matter of time before the overall market drops substantially. I will be watching the volume in the transports and several stocks as they try to bounce,....Use tight stops on every position.


har- stockcharts.com/gallery?har
nav - stockcharts.com/gallery?nav
cat- stockcharts.com/gallery?ups
avid- stockcharts.com/gallery?avid


IPVO- ...A further pullback would provide an excellent buying opportunity.


stockcharts.com/gallery?ipvo

FNIX- no current position...Buy only on a break...

stockcharts.com/gallery?fnix

The name of the game is capital preservation. Be sure to have an exit point on any position.
weak

[weak]

I am using very tight stops on all positions....
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[weak]

stockcharts.com/gallery?DCX




stockcharts.com/gallery?HAR

[weak]

Sold some puts around 73....Initial target of intraday was 82-77.5=73....
Will wait and see what happens when gaps are closed....
Weekly Stoch and macd are just starting to turn down..
weak

[weak]

Obviously, most of the shorts should have been covered last week. Har continues to be an interesting play...Current pattern favors an upside target of around 91-92...Look for volume if either breakout or breakdown occur.

[weak]

Just waiting and watching for some patterns to develop...

Tin - possibly to the short side
stockcharts.com/gallery?tin

PD- a bit oversold in the near term...Wait for bounce to play out...
stockcharts.com/gallery?pd

Har- continues to rise on pretty light volume...One day about a month ago skewed the obv higher...Wait and see...
stockcharts.com/gallery?har

CFC- see how bounce plays out.
stockcharts.com/gallery?cfc

weak