Not many stocks are going up of late, even thou the stock market is staying even. Maybe some nice distribution be done.
It pays to go home in cash, or maybe buy a gold stock as a hedge against a major sell-off.
As for buying the dips, most stocks should be bought on the dip, and then when you have picked your spot, dump them fast for the small scalps, if and when they bounce.
As for your video, the language stunned me, I thought we had to keep vulgarity out of the trading room.
Staying mostly to some Twitter feeds, at least there someone is always posting some stocks to look at.
Never be afraid to take those 10-20 cent scalps, they might not be the biggest profits in the world, but just like FNMA and FMCC, when they sell-off, you never know if there will be enough dip buyers to keep the stock up.
Better to miss the top, then try and catch the bottom, that turns out to be temporary.
