I am so behind on the blog - oh well.
My CAPS port being sector centric (healthcare / biotech / whateveryouwanttocallit) has shown a low and often inverse correlation to the market. Back this time last year when the market was at new highs, I wore the beanie (sub 20 score). I've had good CAPS status for some time now, ever since the market tanked, but acknowledge that I've been actively playing in that time frame as well.
Anyway, these last few days my CAPS port has mirrored rather than benefited from the markets dips. It gives me the sense that some sector shifting may be occurring or the market is becoming less concerned as to what it punishes. Previously the market decline was led by certain sectors, now it seems much broader to me.
For what its worth