The Tuesday Fade

[S2007S]

tomorrow night if the market rallies and ben says great things about this great economy, kudlow will be all over the goldilocks scenario.

 

[hedgeking]

incredible. 99% of talking heads were saying buy the dip and they were right.i can't find an article now that says we fall back down. its like no selloff ever happened

 

[S2007S]

Quote from hedgeking:

incredible. 99% of talking heads were saying buy the dip and they were right.i can't find an article now that says we fall back down. its like no selloff ever happened

99% were saying buy the dip...... The only way this dip becomes a buying opportunity is if the market rallies to 12700++

If you think its an opportunity start buying now while everything is still off around 3-4%. Its sure hell not a dip if it drops below 12,000 and goes into a bear market for 2-3 years. Time will tell.

 

[hels02]

Well we all know it's not going to go up forever. It's a matter of WHEN.... but we should all know that there's too much liquidity that needs to be sucked into the market before it can take it all away too.

So like 1998-1999... if there are still people not all in, it's going to keep going up. Choppy and sideways at times... but up.

The market really needs bears. So long as there are bears, we're going to keep going up. Once the bears are gone, and everyone's long... we have a problem.