In the greater scheme of things, what only matters is the trend. It does not mean that stocks going down will go down every single day. There will be rallies, even strong rallies to the upside. Still, if you can read the trend, on the stockchart, you can position yourself to make monies on the major trend of that stock, etf, mutual fund, etc. Ride the trend as long as it remains intact. All you need is to align yourself to the major trend. Fools who buy every dip blindly, as encouraged by hacks on TV and Cable, will only pile on more losses without a clue to what is happening in the stockmarket. There is too much arrogance among the fools that do not really know how the stockmarket works. Either you know how the stockmarket works, or your don't. There are only two camps, on which camp are you? The bigger camp is full of ignorant people, who are also, arrogant and think they know squat. Wait till they lose most of their monies.
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