I've been a bull throughout most of this rally. While the bears have fought this once in a lifetime rally... losing money hand over fist, I understood that the central banks will not let this house of cards collapse . I might not like what the future holds for my children and grandchildren... but I trade to make money, not to make a point.
I think with the recent sell-off in stocks we may be seeing a change in sentiment. In years passed it was buy the rip, now I see stocks rally only to be sold off. Sell the rip?
My best days trading where when stocks were falling. I don't like this bull market anymore than any other bear. But I also like to profit on my trades... and that is why I stayed with the trend.
Has the buy the dip crown died?
We will find out. I am selling the rip until they return.