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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Hank who wrote (2948)9/22/1998 5:33:00 PM
From: Kevin Podsiadlik  Read Replies (1) of 4634
 
I think that's a symptom of a trend reversal we've been having the past few days: the long out-of-favor small cap market has been showing some unusual strength relative to the large caps the past few days, and some of the money out there is reacting. That a lot of the junk companies are benefitting from this turn is perhaps unfortunate, but the market as a whole needed a small cap rally in the worst way.
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