Wednesday, June 06, 2007

I'll take "Buying the Dip" for $1000 Alex

a: It's what a speculator might do after the market comes down in price.

Waiting to see how big of a correction (part deux) we have. At the moment, all the indexes seem like they're comfortable coming back into their 20-day EMA range. If that's as far as they go things will have shaped up to be quite orderly in terms of correction mode and the scene may be set for some buying-on-the-dip.

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