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Small Caps Lagging Big Caps Shows Why Charts Are Not There…
By Joshua Hayes on November 16, 2009
…in force. If the small cap indexes were leading we would have a TON of more opportunities to find beautiful charts. Until they start to show back up, the bigger capped high priced stocks are the way to go. Just remember that is how the 99-00 rally ended. All the expensive stocks took the lead and the rest of the market fell off. Still until the trend ends…the trend is your friend.
Posted in Market Commentary