Dips Are Buying Opportunities

Everyone is calling for a pullback here, which we may very well get. In this market environment shorts and institutional longs are going to start screaming "false breakout" to get you to jump in with them or to get you to give up your shares. Don't listen to them. Dips are buying opportunities here. The market, and tech sector especially, has broken out and everything is lined up for higher prices in the future. Unless a fundamental change is introduced into the market here, such as a massive spike in oil prices, this breakout is firmly in tact. As you should expect to find in a bull market, even as indices are ready to pull back, second tier stocks are just now breaking out. Scans revealed a pattern of good chart set ups unlike anything we have found in many months. Don't forget however that this is options expiration week so volatility is likely to be up sharply.