Stay Vigilant

The market is finding sellers. Concerns with equity have folks fleeing into fuel cell names! Wait -- what? Yeah, you're not the only one asking that question. These frothy momentum stocks will often act in a vacuum, so put them on a different portion of your screen, but still watch what they are doing. Until these huge double-digit moves stop, it is tough to argue equities still aren't at a cautious point.

I'm not looking to buy this dip today. If the market falls another eight handles or so and I see the SPDR S&P 500 (SPY) touching the $184.25 area, then I might have an interest. But for now, I am content to stand pat and wait the day out....249 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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