Should you buy the dips?

Buying the dips has definitely been the best strategy. Those who believe we are in a new Bull market have made a lot of money. Right now the Bulls are waiting for this correction to be over so they can ride the Dow to over 14000 and higher.

The poor Bears think that we have just completed a bear market rally on May 2nd at 12,876 and that the market is going lower. The cautious Bears are holding cash. The speculator Bears are already short the market. My opinion is that the bear market rally is finally over and Wave 3 of the Bear market has resumed. I am short the market and believe we will be in a bear market during the summer months. The confirmation of my opinion will come if the uptrend is broken at 11, 600. This is about a thousand points away as I write these thoughts.