Oct

17

My thesis over the past weeks and months that the market runs higher by year-end seems to have some legs after yesterdays action. Smallcaps came to life. About time. In cowboy terms, when 30 critters break out of a large herd you usually wind up losing the entire bunch and starting over. Likewise, when thirty big names (the Dow) move up to new high ground, the rest will follow. It just takes some time.


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