Quote from stock_trad3r:
Buying the dip has worked since 2002
it so fact so
What are you talking about? One of the things I find funniest about all of these "Free money" threads is the idea that there is a textbook, unquestionable definition of "dip". When exactly do you guys "buy the dip"? When it's 5 pts., 10 pts., 15 pts., etc. in the S&P? Let me guess, you buy at the low of the day because it's so easy to see? Do you hold it for seconds, minutes, hours, days, weeks, months, years? My guess would be you hold it for as long as it takes to make a profit, right?
Saying "Buying the dip has worked since 2002" is assinine. It all depends on the time frame, what you define as a dip, etc. Didn't we have a dip or two on Monday? Well, if you bought that dip and sold yesterday or today, it didn't work, did it?
I won't even get into "it so fact so"....