Here's the Dip, Now Buy Some Chips

It's clear that the S&P 500, after closing near its lows on Wednesday, is going to take it on the chin today, and it appears as though the index will revisit its 50-day moving average for the third time this month. Will that key level hold once again?

I believe that markets are overreacting to Fed Chairman Ben Bernanke's comments, and I want to use this dip as a buying opportunity. As the process of sector rotation continues, areas such as technology become a more attractive play from the long side....408 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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