by Bob Stokes
Updated: November 06, 2017
Many investors are tempted to buy any "dip" during a stock market uptrend. But this psychology has its perils. Here's what usually happens after a full market cycle has played out.
Many market participants believe so. For instance, the global head of risk at a major Wall Street firm just said, "Buy-the-dip is in place."
Problem is: Most investors don't know if the next "dip" will be a minor correction or the start of the next big bear market.
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Right now, our Elliott wave experts are seeing a sobering Elliott wave chart pattern unfolding in the main stock indexes.
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