People are talking about a big market correction. Last week was a small one and I think it may be petering out. If you look at the chart on SPY, the S&P ETF managed by Spyder, when there is a small correction, the price drops around 10 or 9 points and then heads back up.
I'm waiting for SPY to drop down to $188 and then I will pick up some shares. The way this market is moving I think the bulls are still in charge.
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