Sounds like a good plan, undervalued stocks with decent charts. Yes, if you use stops wisely, you will not lose too much money, unless you buy right at the top and get stopped out right away.
My gut is we go up into the end of march or even april, bad news be damned. But i would use etf's myself at this point in the bull-bear cycle, as a classic last rally has poor participation, and so most stocks will not go up.
Getting all kinds of important non-confirmation, but not enough to call an important top yet. If we go up, with lots of volatility, the next month, then sell the farm and short the market.
