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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: posthumousone who wrote (31126)4/23/2012 8:18:21 AM
From: GROUND ZERO™2 Recommendations  Respond to of 224429
 
Yes, the dip crowd will be out in mass buying, they were out in mass buying on Friday, and then they'll be out in mass selling when they discover that the rally fizzles out after only a few hours... this is typical bear market action, e.g., keeping the longs hoping for a better rally next time... the only problem, the next rally also fizzles into lower lows, then the whole rinse cycle repeats and then lower lows again until it becomes obvious that the market has been trending lower all this time...

GZ