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Why buy the dips after the first profit taking? Because a speeding Freight Train can't be stopped on a dime. It must be slowed down first before it can have any meaningful drop. Hence why we had two 1% dips that bounced so far today.
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S&P trading lesson for today. When you get these MASSIVE Bear Market rally short squeezes like we had last week. Think of it as a Freight Train rolling over every bear in sight as it soars higher. But When profit taking first takes place like today. BUY THE DIPS!