Am rebuilding my long position. Bought earlier this week & will buy dips from now on. You know what they say-- Nothing goes straight up-- except for the stock market indexes during infinite QE. Individual stocks are trickier, can have false breakouts, and can actually become overbought or due for a sector rotation at times. General market indexes like SPY just go up. May as well face it. I know that the Fed has allowed pullbacks to happen, often in the summer, but it is very hard to predict when they will be with TA, or with anything.
