enigmaman

Eyeing a Ferocious Snap Back in Small Caps

This guy is in dream land, to be so simplistic in his analysis is dangerous, the past peformance of small caps has absolutely nothing to do with this market. First we need to have a bottom, there is no bottom to see right now, pundits have called a bottom for the past three- four months, anybody that listened and bought in lost big time. Those that listened and held on because it was to late to sell ,lost big time. People are not selling for tax losses they are selling to preserve what they have left. There is no capitulation selling, this is a death by a thousand cuts and nobody knows when this will end, where the bottom is, the people in the know dont know anything except there will be a bottom someday