• Portfolio Management for March 21, 2014

    I did not enter any new trades yesterday and likely will hold off today as well.

    CACI is still on its support line and seems to be attracting money.
    DECK is now close to its stop level. I intend to respect that stop. The EV pattern is still weak, but if we close above the last resistance, then the gap could be filled.





    The list for today is shown below. I am not really interested in the long trades, except maybe in RHI.





    Attachment 23055

    For the short ideas, you will easily see that it is better to wait for a stronger bounce in CELG/SINA or to short a complete breakdown below support.












    XONE might try to bounce from here. Wait for either a bounce or a complete failure.





    JCI also should be better shorted if it bounces back to its 50MA on weak EV.