Coming up on the "Sell in May and go away". Last dip instead of selling like so many did I added the position of SPLV. It is low volatility S&P ETF. This is a defensive position and will go down less than the S&P500 and pays a dividend.
Also on the dips I scan in Vector Vest a list of ETF's that I follow and look for strength. I have a position from the top of the list CURE and that is doing well. The idea is in this type of market is on the dips buy the strength for a short term trade.
May approaching I will have tight stops on CURE.
