Different watchlist

If I change my picks to only those that show up on the present IBD100 then I am left with...

CHE and AFSI.

Let's see how they perform compared to the other picks I chose...

New picks for watchlist

	CHE
	AFSI
	CMCO
	SNP
	MFW
	APLX
	UEIC

All appeared on my screen. All have historically done well when they last appeared on my screen and all have excellent fundamentals. Track process by clicking on my stockpicks widget (right).

Tough week - distribution anyone?

Overall the week was a touch one for me.

JOSB	-9.66%
DWSN	+1.80%
CPX	-4.48%
SF	+2.21%
SPTN	+8.34%
VCLK	-0.70%

JOSB - Very close to selling this one. What can I learn? Well, I should have bought it when it first appeared on my screen and then sold it for a nice 5%. I added it too late.

CPX. The chart for CPX is still pretty good. I am still hopeful that it will turn around. It is still a long ways from selling.

All the other stocks are fine.

ANyone with a slight understanding of the market will look at my portfolio and see that it is not as bad as it looks! I have a nice profit in SPTN (if I can hold onto it!) and the only only issue is JOSB.

So Friday was the second distribution day we have had in three days - not good. Here is what IBD's 'Big Picture' says:

"The session capped a choppy week for the market, one that featured subprime woes, inflation fears, good and bad profit reports and record highs.

The week started with modest gains. But on Wednesday the NYSE indexes dropped early on, following renewed concerns over subprime mortgages and testimony by Ben Bernanke on Capitol Hill that fanned inflation fears.

They recouped most of those losses by the session's close, but still logged a distribution day. Friday's additional round of higher-volume selling sent the indexes down for the week.

The Nasdaq shed 0.7% for the five days. The Dow lost 0.4%, the S&P 500 1.2% and the NYSE composite 1.4%."

Changes to my master watchlist

I have made the following changes to my master watchlist. They are all because they are no longer listed as A's on IBD 100 and are not showing good technicals anymore:

BWLD
CPX
FCSX
OPY
TSO
TTEC

Additions include:

GRP
ISRG
NVT
PVG
SCHN

Overall additions and deletions from the IBD 100:

Added:
AVT CAM FLIR GRP ISRG NVT OYOG PVG SCHN SII SLB SXC WHQ

Deleted:
CBG CMCO CPA FMCN MTOX NVDA SI SNP TNE TSO TTEC WFR WNR