Cobra's Market View Private Messaging System shows:
OK, bullish Monday? Plus according to the Stock Trader’s Almanac, the first trading of May (that’s the next Monday), Dow up 9 of last 11. And from all the initial evidences I’ve collected so far, it does look like that bulls have some chances the next Monday, not sure, need do more research though.
The bottom line, I don’t think this is a buyable dip at least not today. I’ll talk about this in the weekend report as right now the most important thing is to enjoy your weekend!