"Anyone advising clients to 'buy the dip' based on sideline cash shows a fundamental lack of...

|By:, SA News Editor

"Anyone advising clients to 'buy the dip' based on sideline cash shows a fundamental lack of knowledge about how markets work," Mike 'Mish' Shedlock says, noting retail investors' "have to get in" attitude is nearing panic level. "Risk is not high," he says, "it is extreme."