Quote from piezoe:
The markets are irrationally strong with weak sectors leading (homebuilders) and weak stocks falling on bad news and then immediately rebounding (HD). We have a great market for longs and momentum traders (the IBD crowd) and at the same time a high risk market, so i would certainly NOT agree with the "zero risk" boys and girls. Rising irrationality is always accompanied by greater risk. We can sustain this for some time to come but not, as the fools on this forum would have you believe, forever. In the meantime, enjoy the ride. Whoooopeeeeeee! Isn't the ER2 spectacular so far today!
Well buying dips isnt exactly "ZERO" risk per se, but its as close as it gets to zero risk. Certainly a TON safer than shorting reactions.