Make sure you have at least 50-55% longs on to survive this.. european mkts are up every day for like months. they are loving stock big time over here.
I say buy the dips unless proven otherwise. At this point , when stocks are down intraday especially off the opening hour they should be bought for the eod rally.
But for the idiots that never trade ( like RubberBird ) and have a big EGO to stroke, they continue to chime in like clockwork playing the ever so dangerous game of "Pick The Top" in one posting after another on ET.
But I really like the guy.
He's a great CONTRARY indicator.
One of the best I have ever seen!