James "Rev Shark" DePorre
Recent Articles By The Author
The most important thing to keep in mind is that it isn't unusual for there to be some sharp bouts of selling after a strong uptrend.
For many fund managers, this year's big gains are a source of gloom and despair.
The abruptness of the dip buying shows how much anxiety there is among market players that have been trying to keep pace with this straight-up market.
The bears said the market was too extended two weeks ago. It is even more extended now, as buying picked up on Thursday.