Gap Lower, Turn High. Rinse, Repeat
February 17, 2011 at 11:45 AM EST
The markets once again opened lower today, only to have the standard buy the dip kick in. Almost every trading day the markets open lower, then rally slowly up throughout the day, closing neutral to higher. The SPDR S&P 500 ETF (NYSE:SPY) opened at $133.46. This was a drop of 0.39 from the close yesterday. [...]