3min chapter

The Compound and Friends cover image

The Most Powerful Man in Washington Stays Put, How to Buy a Correction (with Tony Dwyer)

The Compound and Friends

CHAPTER

How Important Are Market Internals to Your Work?

The problem is, as you know, corrections are only natural, normal, and healthy until you actually get one. It's when they show up that people say, I'm gonna buy the dip. And even if there is a bounce, the next high is going to be a lower high than the prior and will be in a downtrend. That's what keeps people from having the fortitude to buy the dip,. not the intellectual side of it, right?

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