The Dip-Buyers' Survival Guide
The case for buying the "pullback"
We've spent the past several weeks highlighting increasingly stretched positioning and technical conditions. Those concerns remain the most valid. However, the problem is that we've all seen this movie before: dip buyers often show up much earlier than logic suggests. Understanding the dip-buying case may be just as important as understanding the bearish one. If they return again, these are the charts they'll be waving around.