I am notorious dip buyers in aftermarket and premarket. However, I do not see positive signs until yet. I am waiting, shorting looks to me dangerous as well. I expect that market will slide as minimum in first hours of trading. I will start buing just if there will be clear signs of rebound /I know that part of profit will leave on table/.
Europe down only slightly. Oil dropping. USD rising. Futures rising. Maybe a little lower on opening followed by a small rally. Or quiet opening, upward drift.
Buying this dip for long-term investments? Yes, I'm grabbing a few stocks that I had eyed for a while. But I'm cautious as everyone. I don't like to accumulate already with a market down just few percentage points.
Already had a buy signal at 787.10 on the ER2 last night at 22:18 cst..still holding some runners..nice move so far.
sold out of some inverse funds this morning. Added a little bit to the long side with QLD and DDM Sold some TWM and SMN...