Cyclical Stocks Will Confirm The End Of Buy The Dip Momentum Mentality

 

Buy the dip has worked, and worked. Get the feeling the music is about to stop and there wont be enough chairs.
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Investing Quote...

.."Tape reading is rapid-fire horse sense...The Tape Reader aims to make deductions from each succeeding transaction -- every shift of the market kaleidoscope; to grasp a new situation, force it lightning-like through the weighing machine of the brain and to reach a decision which will be acted upon with coolness and precision"..

Richard D Wyckoff

.."Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs"..

George Soros