Selling Pressure Remains

The "buy the dip" group hasn't shown up to work today, and I'm still not worried. The market needs some pullback for the market averages to take a run at new highs. We need some more fear in the market and hopefully for the shorts to lean on some more stocks, counting on the rally to be over.

On another note, I just came back from having lunch with my wife at Red Robin (RRGB) . If you like hamburgers, you should give them a try. And, if you like nice looking stocks with strong uptrends, the stock also continues to look very nice. I previously owned this stock in my own portfolio but sold because I figured that the good news was in. I'd like to buy again on a dip, when ever that occurs.