The market is on sale, very oversold, and could produce a strong technical bounce at any time.

                                              RTY at the 100-week-MA

"Sometimes you win, sometimes you learn."

 “Where you want to be is always in control, never wishing, always trading, and always, first and foremost protecting your butt.”

Buying the dip won't work if the Fed is doing the opposite of before. You should do reverse, selling the rip.

The only Real news is what the market is doing.

Semis are still holding up. Oilers continue to move on higher and that is where the alpha is at the moment. Aerospace and Defense stocks are acting well. Growth names remain under distribution and the IPO's are getting hammered.