Wednesday, January 16, 2013

Small caps leading the pack

Markets are digesting the big move since the breakout on Jan'03.  Small caps are clearly leading the pack.  We are now in a overbought zone and many small caps that have been rallying seem to take a breather.  But remember, overbought zone can remain overbought for a long time.  The Market action continues to be positive for the bulls esp. small caps.  Follow proper risk management while placing trades and cut your losers quickly.

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