It's no secret that the market has been a rollercoaster lately, leaving many investors wondering if now is the time to buy the dip or close their positions to avoid further declines.

First, let's address the question on everyone's mind: should you buy the dip or cut your losses and run? Well, the answer isn't as straightforward as we'd like it to be. Market fluctuations are a part of investing, and it's important to remember that they can work in your favor if you have a well-thought-out strategy.

Personally, I believe that a volatile market can present great buying opportunities for those with a long-term perspective. However, it's essential to do your due diligence. Take a close look at the stocks in your portfolio and evaluate if they are fundamentally strong. If you have high-quality stocks with good growth potential, consider holding onto them or even adding to your positions during the dip. But if you're holding stocks that are struggling or have weak fundamentals, it might be time to consider selling.

Now, let's talk about which stocks are safer bets during this market turbulence. Defensive stocks in sectors like utilities, healthcare, and consumer staples tend to be less sensitive to economic downturns. They can be a safe haven when the broader market is shaky. Additionally, established companies with strong balance sheets and a history of weathering market storms can be good choices in uncertain times.

As for the Nasdaq's ability to guard its key support level this week, it's challenging to predict short-term market movements with certainty. The 200-day moving average (MA) can act as a critical support level, but it's not infallible. Keep a close eye on the news, earnings reports, and any developments that could impact the tech sector.

In conclusion, the decision to buy the dip or exit your positions should align with your investment goals, risk tolerance, and the quality of the stocks in your portfolio. It's crucial to have a clear strategy and not let emotions dictate your actions. Remember that in the world of investing, it's not about timing the market perfectly; it's about time in the market and making informed decisions to secure your financial future.