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Microcap & Penny Stocks : Rat dog micro-cap picks--now moderated

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To: ~digs who wrote (70)2/19/2004 1:38:54 PM
From: Bucky Katt   of 1338
 
All one would have had to do was go long early last March and never look back...

The daily close of the Standard & Poor's 500 index, considered the benchmark of the U.S. equity market, bottomed out on March 11, 2003, closing at 800.73.

At the end of trading Wednesday, the index stood at 1151.82. That represents a gain of 44 percent--not bad for a stock market said by some to be permanently damaged by the Nasdaq bust of 2000-2002.

Of course, the S&P 500, like all major stock market indexes, remains below its all-time high. The S&P 500 closed at 1527.46 on March 24, 2000. That means stocks are off 25 percent from their peak.


I think now is the time to use caution. It seems to me the easy $$ has already been lapped up..
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