Trading in an Extended Market
Dip-buyers are like Pavlov's dog: all they need to hear is the opening bell and see a little red and they start buying. It is an automatic response because it has worked so well for so long.
One of these days the dip-buyers will jump in, find themselves trapped and panic sell, which will produce a long-awaited correction -- but today isn't that day. The tipoff will be when the bounce fails and we take out the opening lows. As long as we don't breach the early lows, the bulls will be content and keep pushing....100 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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