Bigworld,
At yesterday's lows, I almost bought market calls because in my gut, I know the FED is buying all dips. Wish I had bigtime!
As much as it irks me that they are in the game, overpowering the market, as long as we know the gameplan, why not buy all dips? I know it makes no sense for the domestic economy, but the world economy is booming. I can't seem to overcome my sense of caution. One thing is for certain, eventually, I will capitulate and buy the market. That will, of course, be the top that you foresee.
MF4