Many market pundits are already crying – buy the dip! Don’t let them fool you into losing money. We have only corrected a few percentage points from the highs, and there is plenty of more downside possible (and likely). Stocks are not a buy just because the were higher before. They are only a buy if the fundamentals make sense and if the overall market is attractive. Neither of these two necessary conditions exist to support a purchase decision. Save your cash for better opportunities to come in the near future.