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This strategy works very well in a growing market. During such corrections as now everything is much more difficult.
I keep reading that we are supposed to 'buy the dip'. The only problem with this advice, as solid as it is, is that no-one knows where the bottom of the dip is. I have 'bought the dip' about 5 times in the last few months. Can't wait to 'sell the highs' later this year. Just hoping I don't have to buy another dip before that happens.