The buy-on-the-dip method will continue to work until.. well, until it doesn't.
This rally is losing strength and the leaders (GS, BAC,C, AMZN, AAPL) are already in reversal. The rest of the market will eventually follow. It might not be today, however it might be.
I am sticking with my shorts and not covering at this point.
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2 comments:
I am a holder here of my shorts. I think they're gonna fall down.
The buy-on-the-dip method will continue to work until.. well, until it doesn't.
This rally is losing strength and the leaders (GS, BAC,C, AMZN, AAPL) are already in reversal. The rest of the market will eventually follow. It might not be today, however it might be.
I am sticking with my shorts and not covering at this point.
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