The market's gains last week had the scent of desperation buying by investors playing catch-up,...

|By:, SA News Editor

The market's gains last week had the scent of desperation buying by investors playing catch-up, some veteran traders say. Smaller stocks - the Russell 2000 jumped 2.7% last week, vs. a 1.3% gain in the S&P -  especially are being snapped up by "the guys who didn't get in when they should have gotten in" a few months ago.