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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2099)	3/31/1998 10:38:00 AM
From: Al Serrao	Read Replies (1) of 34811

Jan, question for Tom. At times like these its easy to say the big caps are overvalued and it should be time for the small caps to play catch up. However, we've seen that small caps haven't really out performed the big caps except in a few really good years going back a very long time period. So, why even bother with small caps? It appears to me they may continue to underperform. We have money managers who view liquidity more important than earnings. Whats wrong with this reasoning? To hell with small caps.

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