10.15.2007

THE DIP


So with the DJIA down more than 150 points at its session lows, is it Mutual Funds selling to generate end of the fiscal period losses. Could be as the sectors that are acting the worst today are also the sectors that have done the worst on the year, banks, airlines, brokers, real estate and retail.

Best stuff on the year, metals and oils also the best performing on the day.


My suspicion is that dips are a buy in this market and its dipping and I am scaling in to funds/etf's.





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