Kingston Vol
Well-Known Member
- Joined
- Oct 15, 2009
- Messages
- 26,325
- Likes
- 28,819
Stuck in between selling for a loss and climbing into better short term growth stocks or sitting on my hands and letting it gradually climb back up over the next few months. Down about 17% from January highs currently. But there are some really, really good buying opportunities right now on some top shelf stocks.
I'm not sure that it is. Could be just a change in leadership. Tech has gotten ripped and is still well off the highs, but the Dow made a new high (led by cyclicals), Midcaps made a new high, and small caps are just a hair from a new high. That's a pretty noticeable positive divergence. If it was the opposite (tech made new highs while the rest of the market was breaking down), then that would be a different story.Dead cat bounce?