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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: robert b furman who wrote (18964)1/25/2006 9:09:10 AM
From: Rarebird   of 19219
 
There is the potential for a tremendous surge in the Russell 2000 and S@P 600 small cap index here. Small cap earnings have thus far come in considerably stronger than the S@P 500. It is a small cap bull market. There are no ifs, ands, or buts about that. Very few believe it. The Bears just mistakenly think that "junk" is rallying.

At the very least, I'm expecting some follow through here, if not today, over the next week at the latest.

Actually, there is the chance of a blow off in small cap land. Expect some $$$ to come out of large caps and find a home in small caps.

PS I was never capable of having a full service broker in the traditional sense of the term. I'm to much of a self-reliant, independent, hardcore, rugged individualist to even consider that. I just read market views that are completely different than my own in order to question and refine my outlook.

I've always followed the maxim: "Think for yourself".
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