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To: Rarebird who wrote (423445)3/12/2013 1:39:26 PM
From: ggersh  Respond to of 436258
 
Sounds like a trader, but regardless, you have a plan and that's
the rule that overrides all others. Only time tells whether one has chosen
right. The market is never wrong.

"With that being said, if I was a trader I would be long the major indices (especially the Midcaps) till the trend changes. Buying the dips has worked and will continue to work till it doesn't work anymore. Whatever the reasons behind the rise, those reasons are still in place, for better or for worse. Traders don't play the ethics game; only outsiders do that. The function of a trader is to profit, plain and simple".