This bear is going to admit he tried to buy the dip, bought some UWM this afternoon and down about 2% at the moment, but I have absolutely no worries, last week I did the same thing buying the dip and bought it at $45.65 and watched it drop over 4% only to sell it for a gain by Monday. I think buying the dips will be coming to an end soon, I think there is maybe one or 2 more opportunities left before the SPX will test 1275 support, who knows what happens after that a break below that and buying the dip will have to wait.
Not looking good AH, many ETFS trading lower and oil prices continue to surge, oil closed up over $99 now above $100!!!! S&P FUT 1297.80 -3.30 -0.25% DOW FUT 11990.00 -32.00 -0.27% NAS FUT 2306.00 -5.50 -0.24% OIL 100.61 3.64 +3.75%
Not looking good at all. Was having a drink in some Park Hyatt by market close, quite sadened by the closing prices I saw on my iphone. Back home checking Level 2 and it's a disaster even worse AH... Way underwater Any bet for Hong Kong and european markets tonight/tomorrow ?
To look on the bright side, I was in an even worse situation last thursday with the accumulated losses of last week but got it all back plus some profit by Monday. Yet if tomorrow looks the same I'll be in trouble)