Ripple effects are likely to be felt for weeks, if not months and and current FED fund forecast is no rate increase until at least 2017. We'll look at the odds for dip buying tomorrow and then I'm on the road for a couple days for a pair trading seminar. Here's a link to Mauldin's latest thinking about possible things to come.....it's long, but well argued and filled with a few surprises.
In the meantime technical analysis should be considered a risky basis for timing investments.
