Don't get me wrong. Usually I follow a neutral if not buyoant approach.
What makes me "suspect" is that I often buy dips and I fare well more often than not. Don't want to mention the stocks I got into, but BEAS, early DBCC, IDTC, SFSK, ASDV, also SPDE are amongst them. When there is company value and an apparent mis-pricing then it is time to go for some.
Most rock-solid companies commented on their dips before (earnings warnings), and/or after, by putting out at least a calm reaction.
If you followed State Streets recent sell off and the commentaries then you might unterstand calm commentaries. "Well it was maybe a bit ahead of itself, but given the long-lasting growth it should be a buy again soon.
No so UAI. Which did nothing but blame evile short sellers, not valuation reasons.
By coincidence, AMEX stocks are an avoid even after a 50-70% trounce, because they tend to sell out big time afterwards regardless of price, just check DMI, or IDS.
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