Pullback? What Are You Waiting For?
I suppose it was very difficult buying into that monster rally Friday following the jobs report, and it was equally hard to get engaged in Monday's 1% drop.
Those who may have missed jumping on board for any part of the big January rally may have been salivating for the chance to finally buy a dip. Feb. 4 was the biggest drop of the year. It only took 35 days to get it! This market moves so quickly these days, sometimes people are flipping from bullish to bearish and back multiple times a day. It's enough to give you vertigo. But there is no denying the trend, which is up. I don't much care about overanalyzing, rather just paying attention to the price action and proceed accordingly. I won't have a bias and will look at the situation objectively....363 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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