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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 259.15+1.1%3:59 PM EST

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To: robert b furman who wrote (17238)1/19/2006 9:28:00 AM
From: Rarebird  Read Replies (2) of 25522
 
>>Big CAPS still have a long way to go in showing me they are where the better gains will be. My money still says SMALL and midCAPS are better gainers.<<

Yesterday's big gap down for the NDX turned out to be another false alarm for the Bears. The Russell 2000 closed higher and the breadth of this market showed tremendous resiliency. Earnings disappointments from Yahoo and Intel were not enough to dampen the bright prospects from the small caps, the real soldiers of this market.

The Street is still calling for the generals (large caps) to outperform the soldiers (small caps). But in light of 4th quarter earnings, I expect small cap outperformance to become even more pronounced moving forward.

Overweight those small and mid cap stocks. That's where the real earnings and revenue growth lies.
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