There are always bulls and bears. That is why stocks have prices.
The media is filled with experts who tell readers to buy on the dips. I call this advice dippy. It is aimed at dips.
This man says to sell into the rallies. He thinks this is the most dangerous market since 2008.
Both pieces of advice rely on the idea that you can beat the market. You probably can’t.
What you can do is assume that the FED is going to reduce the rate of QE3. The bubble-blowing will slow. It has slowed. This is bad for investors who are long on bubbles.